The Latest Breaking News from Recession

Previously unpublished internal research from the Reserve Bank estimates that Australia's risk of recession over this year and next could be as high as 80 per cent.

A standoff in Washington over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders starting on Thursday, heightening U.S. recession fears as central banks seek a soft landing for the global economy.

US president accuses Republicans of holding economy hostage by demanding spending cuts to raise debt limit.

Thai energy conglomerate Bangchak Group is watching energy prices in the second quarter this year amid worries of a global recession, after posting a revenue increase of 16% in the first quarter.

The Fed’s aggressive stance toward taming stubbornly high inflation and recessionary fears has weighed significantly on investors’ sentiments. Despite market volatility, quality momentum stocks PulteGroup (PHM) and YPF Sociedad (YPF) look poised to sustain the gains. Read on.

Amid fears of recession soaring, investors are loading up defensive stocks to safeguard their portfolios. Gold, often touted as a ‘safe-haven’ asset during uncertain times, could be a wise choice now, and hence, fundamentally strong gold stocks Gold Fields (GFI), Alamos Gold (AGI), and DRDGOLD (DRD) could be solid portfolio…

Gold is usually seen as a safe-haven asset during troubled times. With rising concerns of a recession later this year, it could be wise to buy gold mining stocks B2Gold (BTG), Centamin (CELTF), and Dundee Precious Metals (DPMLF) to protect one’s portfolio against economic uncertainty and market volatility. Read more….

40 year investment veteran Steve Reitmeister unveils new clues that point to increased odds of bear market and new lows on the way for the S&P 500 (SPY). Get his updated market outlook, trading plan and top picks in the article below.

If the economy tanks in the months ahead, Powell will get the blame. If we avoid a recession, the politicians will claim credit.

Although recession concerns affect most tech stocks, Adobe (ADBE) is able to maintain and grow its margins during any economic cycle due to its strong business model. With a recession expected by the end of the year, I believe it could be worth buying software giant Adobe (ADBE). Keep reading.

Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns