The Latest Breaking News from Recession

Fannie Mae: "We are expecting a significant slowdown in [housing] starts later this year"

This week's interest rates decision will be a tough one that may yet disappoint mortgaged homeowners and turn NZ back down the path to recession, writes Andrew Patterson.

“I’m making a prognostication—we’re going up,” the billionaire investor said at a private event Tuesday, Bloomberg first reported, citing unnamed sources.

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…