Recession
Stay current with all the latest and breaking news from Recession, compare headlines and perspectives between news sources on stories happening today. In total, 2,811 stories have been published about Recession which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news from Recession, compare headlines and perspectives between news sources on stories happening today. In total, 2,811 stories have been published about Recession which Ground News has aggregated in the past 3 months.
Top Recession News
Business · New YorkFor the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors' growing concerns about a U.S. recession that could crimp demand for oil.
See the Story
Oil drops below $100 a barrel for first time since early May
56% Center coverage: 16 sources
BusinessMajor benchmarks fell across Asia. Wall Street had a weak opening after markets were closed Monday for the Independence Day holiday. The price of U.S. crude oil sank $8.93, eventually settling below $100 a barrel for the first time since early May. Japan has parliamentary elections this coming weekend, but the expected outcome is for more stability.See the Story
Stocks rise after release of Fed meeting minutes
Coverage: 10 sources
Europe · LondonChancellor Nadhim Zahawi has said there is "nothing off the table" on tax cuts and indicated that he would increase pay for teachers but not all public sector workers.See the Story
Chancellor Nadhim Zahawi says 'nothing off the table' on tax cuts and calls for caution on public sector pay rises
Coverage: 10 sources
Latest News Stories
BusinessIMF Managing Director Kristalina Georgieva told Reuters the fund would downgrade in coming weeks its 2022 forecast for 3.6% global economic growth for the third time this year. IMF is expected to release its updated forecast for 2022 and 2023 in late July. The global economy expanded by 6.1% in 2021.See the Story
IMF chief says 'cannot rule out' possible global recession
50% Center coverage: 4 sources
InternationalOil prices dropped to a 12-week low in volatile trade today, extending Tuesday's heavy losses as growing fears of demand destruction from a global recession outweighed supply concerns.See the Story
Oil prices fall in volatile trade on recession fears
100% Center coverage: 2 sources
Recession · WisconsinWisconsin Manufacturers & Commerce (WMC) recently released its Wisconsin Employer Survey. The survey is conducted twice a year by WMC. The most recent survey found four in 10 of those surveyed expect a recession before the end of the year. Three in 10 Wisconsin companies believe the U.S. economy will grow over the next six months.See the Story
WMC: Over 70% of Wisconsin businesses see recession coming
100% Center coverage: 1 sources
TradeBy Stephanie Kelly - Oil prices slipped in early Asian trade on Thursday, after hitting a nearly three-month low during the previous session, as fears of a potential global recession spurred concerns about oil demand. Brent crude futures fell 71 cents to $99.98 a barrel by 0013 GMT. WTI crude futures fell 62 cents to $97.91 a barrel. The declines follow a dramatic fall on Tuesday. WTISee the Story
Oil prices extend drop as recession fears cloud global demand outlook
100% Center coverage: 2 sources
BusinessBrent crude futures extended declines for a third session on Thursday, slipping under $100 a barrel, as fears of a potential global recession spurred concerns about oil demand. Read MoreSee the Story
Brent slips under $100/bbl as sell-off continues
100% Right coverage: 1 sources
Recession · DüsseldorfA recession can hardly be prevented anymore, judges the prominent economist. He fears a lack of liquidity — with which central banks can no longer help.See the Story
Interview: The fear of extreme situations on the markets: Economist Mohamed El-Erian sees these three risks
Europe · IrelandDanny McCoy’s recipe for Ireland’s future success is to tap the corporate tax “money tree”, bring back social partnership and go in for big government.See the Story
In Person: ‘There’s a recession coming but in the Irish case it’s going to be a revision downwards of growth forecasts’
100% Right coverage: 1 sources
RecessionThe Australian's Washington Correspondent Adam Creighton says there are more economists indicating the United States is “in a recession already”.
Mr Creighton said there is a priority to bring inflation back to 2 per cent.
“The economy is in very bad shape at the moment, in terms of the prospects going forward,” he told Sky News Australia.See the Story
Economists saying US is ‘in recession already’
100% Right coverage: 1 sources
