The Latest Breaking News from Recession

New Zealand on recession knife-edge as GDP data looms

Economists are at odds as to whether New Zealand books a recession when Stats NZ releases first quarter GDP data.

AAP · Jun 13, 2023

3 Stock Trading Plans for AFTER 6/14 Fed Announcement

The rally for the S&P 500 (SPY) shows the bulls are clearly in charge. However, the 6/14 Fed announcement is a major test of bullish conviction. That is why 43 year investment veteran, Steve Reitmeister, wants to share the 3 possible direction for stocks after this vital announcement comes out.…

StockNews.com · Jun 13, 2023

Wall Street's biggest bull called this year's stock market rally—now instead of a recession, he says ‘the economy is actually slipping into an expansion’

Fundstrat’s Tom Lee is known for his bullish takes. He called a 20% S&P 500 rebound this year, and it’s up over 14% so far.

Fortune · Jun 13, 2023

Economic growth to pick up but risks to recovery ‘elevated’, say UK forecasts

Households and firms can expect more financial pain despite Britain dodging technical recession, says KPMG

The Guardian - UK · Jun 11, 2023

Record revenues but plummeting profits: The Fortune 500 is trying to tell us something about the state of the economy

Fortune 500 companies generated record revenues of $18.1 trillion last year, but profits tanked roughly 15%. Here's why that happened and what it means for the economy.

Fortune · Jun 10, 2023

While the U.S. economy seems headed for a soft landing, the eurozone just slid into recession

Europe could have escaped a technical recession if not for Ireland’s exceedingly weak Q1 figures—but economists urge caution.

Fortune · Jun 9, 2023

Eurozone entered mildest possible recession over winter, revised figures show

GDP dipped by 0.1% in back-to-back quarters, which is the shallowest recession possible

Evening Standard · Jun 8, 2023

Eurozone sinks into recession as cost of living crisis takes toll

GDP shrank 0.1% in first quarter of 2023 and final three months of 2022 after revisions to earlier estimates

The Guardian - UK · Jun 8, 2023

Payrolls, Prices, Productivity and Profits Hold the Answer to the Puzzling US Economy

A look at the four variables that will tell us whether the country dodges a recession or becomes mired in stagflation.

Businessweek · Jun 8, 2023

Nvidia: Down 10% From Last Week's High, is Now a Good Time to Buy?

The AI frenzy has set tech stocks on a price spurt when the market faces recessionary risks. Is Nvidia’s $1 trillion valuation an AI bubble or here to stay?

Barchart · Jun 7, 2023