The Latest Breaking News from Recession

Days ago, at the start of last week, there was talk of a Reserve Bank rate hike.

Share markets around the world saw huge falls on Monday – with Japan’s Nikkei sinking by 12% – after questions over the health of the US economy

Asian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.

The panic about a possible US recession is more about markets being caught short by an interest rate rise than it is about the real economy.

"The ‘Wall of Worry’ certainly has a broad enough foundation currently,” Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers, said.

Even before recession fears helped spark last week’s selloff, which continued Monday, Big Tech stocks had been cooling down.

There were several factors at play in today's broad-market bashing, including recession worries and news Berkshire slashed its Apple stake.

Learn how the 10-year Treasury yield drop affects mortgage rates and why delaying home purchases may not be wise.

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…

As the S&P 500 fell 6.5% in five days a new Wells Fargo report says a couple regional banks, trust banks and an unusual play in Puerto Rico could withstand a full-blow recession

Oil prices drop on US recession fears and China demand worries. Concerns over Israel-Hamas conflict escalation also weigh on market.