The Latest Breaking News from Recession

What a difference 30% makes. Goldman’s chief economist sees about a one-in-three chance of the economy shrinking, but CEO David Solomon sees it the other way.

The global economy breached $100 trillion in 2022 but will stall in 2023 in the backdrop of policymakers fighting inflation.

The global economy is facing risks and opportunities next year from rising interest rates to China’s reopening.

Some price action for the S&P 500 (SPY) is quite meaningful and tells you a great deal about the future direction of stocks. And some price action is just useless noise. Such is the case for trading during the holidays when so many people are on vacation and trading volume…

As the Fed hinted at raising interest rates through 2023, investors are worried about a recession. However, the rate hike aggression is expected to slow down if inflation keeps cooling. Regardless of market conditions, buying and holding fundamentally sound stocks Johnson & Johnson (JNJ), Berry Corporation (BRY), Honda Motor Company…

Despite rampant macro headwinds, market optimism is rising ahead of New Year's. Benchmark indices have been gaining over the past week. Also, inflation expectations are improving, raising hopes that the U.S. might avoid a recession. Big-name stocks MSFT and AMD might benefit from the market's positive outlook. However, let's find…

Iraq’s currency plummeted to a new low against the US dollar. In the northern Kurdistan region, the rate stood at 1,550 Iraqi dinars to the dollar - the lowest it has traded since 2004, according to experts. The depreciation in the dinar’s value triggered a wave of severe anxiety in…

Some managers are hoping to capitalize on a pending recession in order to curb if not end the brief period of employee empowerment ushered in by the Great Resignation.

As inflation and recession concerns squeeze American consumers, many are turning to a new mobile app with Chinese roots.

LONDON: The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.

The slowdown is expected to intensify with price declines between 5% and 12%