The Latest Breaking News from Recession

The Finance Minister has unveiled a measured Budget as New Zealand is forecast to avoid recession - but low growth and peak unemployment expected to hang around.

There was a time when we were sure that interest rates wouldn’t change for three years. That illusion was cruelly dashed a year ago.

Coca-Cola Consolidated (COKE) shares have recently witnessed strong buying interest from institutional investors. Despite the uncertain macroeconomic environment, the company reported a robust financial performance in the first quarter. Moreover, despite recession concerns, the company projects strong revenue and earnings growth for fiscal 2023. Will it be wise to follow…

Defying sharp rate hikes, unemployment stays low and consumers resilient.

The United States is rapidly running out of money to pay its bills unless the Republicans and Democrats can agree on a new deal. Here's how the US got here, and what it means for Australia.

The S&P 500 (SPY) seems to be going nowhere. But that does not mean there is nothing happening. Nor does it mean there is not money to be made in this market. Listen up to Steve Reitmeister’s most recent market commentary lighting the path to investment profits even when the…

The Australian share market closes lower as Incitec Pivot records a lower profit result, and the US Treasury secretary warns a recession is likely unless a deal is struck over the debt ceiling. Look back on the day's business and market news with our blog.

With credit card spending on the rise, is a recession on the cards for the U.S.?

The Bank of England has changed its mind about the prospects for the UK economy. Having been predicting a recession in 2023 as recently as February, its latest May report is expecting a soft landing from the bout of high inflation and a year of interest rate hikes.

A likely recession later this year could impact the auto industry’s growth. Despite being closely related to the auto industry, auto parts companies are relatively unaffected by a recession. Therefore, buying fundamentally strong auto parts stock Gates Industrial (GTES) could be wise. Read more….

The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis