The Latest Breaking News from Recession

GDP grows 0.2 percent in first quarter, buoyed by record immigration.

New Zealand has posted both quarterly and annual GDP growth of 0.2 per cent, confirming an economy stuck in the doldrums.

Britain's economy stagnated in April after emerging from recession in the first quarter of the year, official data showed Wednesday ahead of the country's general election next month.

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

Greens leader Adam Bandt has been criticised by both major parties for his support of pro-Palestine protesters, and the government is increasing its attacks on Peter Dutton’s nuclear plan.

A top policymaker warns AI might shift a garden variety recession into an economic disaster.

Are we in a recession? No. But cripes, we may as well be

"I have learned that the American people—and maybe people in Europe equally—really hate high inflation. I mean, really viscerally hate high inflation."

Stocks bounced back in May making new all time highs for the S&P 500 (SPY). That celebration didn’t last long as continued inflationary pressures have pushed back the starting date for the first Fed rate cut. With that stocks have fallen back in recent days. What does that mean for…