The Latest Breaking News from Recession

Data comes as central bank seeks to guide the US economy to ‘soft landing’ to avoid a recession

“The upside versus downside in stocks is not that great,” according to Marko Kolanovic.

The updated comptroller’s report raises the amount of revenue available to the state over the 2024-25 cycle to $194.6 billion.

Surging interest rates are intensifying the challenges for the U.S. economy and threatening to derail the Federal Reserve’s drive to tame inflation without causing a deep recession

Société Générale’s Albert Edwards said that while some economists are expecting a soft landing his “view is that a recession still lurks.”

Higher interest rates and potential recession fears drive major crypto market decline

Economic arm of UN says pro-growth stance needed, with interest rate rises increasing inequality

Recession is imminent, no recession on the horizon, a soft landing…or small recession…has been the constant and contradictory litany flowing from Wall Street the past year. The combination of interest rates and oil both spiking recently certainly lends credence to some form of recession in 2024. Stocks that have some…

Treasury Secretary Janet Yellen is sounding the alarm about the damage a government shutdown could do to the U.S. economy. "It's really reckless and will impose immediate harm," Yellen told NPR.

Recessions can be challenging to predict, and experts use economic data and trends to make informed judgments about when a recession has begun or is likely to occur. But why predict when a consistent pattern ultimately illustrates when a recession starts?

Mike Wilson fears that investors have become overly optimistic after so many 'erroneous' recession predictions, and more stock market pain is coming.