Recession

A record number of homes in the country have been taken off the market amid high interest rates, inflation and growing fears of a recession, according to a new report from Redfin.

The November jobs report out Friday morning will shed light on the health of the U.S. labor market, which is rapidly deteriorating as the Fed raises interest rates.

A growing number of U.S. employers have announced job cuts this year as they prepare for an increasingly bleak economic outlook amid higher interest rates.

The U.S. manufacturing sector shrank in November for the first time since 2020 as higher interest rates sapped demand for goods, according to an ISM survey.

CEO of Amazon Andy Jassy is firing 10,000 employees, but doesn't regret hiring them during Amazon's rocketing growth in sales during the COVID-19 Pandemic.

AMC, the TV home of numerous hits including "Mad Men," "Breaking Bad" and "The Walking Dead" over the past decade, has been under pressure from cord-cutting.

Goldman Sachs analysts are projecting further recession scares in the stock market next year, citing a 39% probability of a growth slowdown in the U.S.

New applications for unemployment benefits increased last week, evidence the tight labor market is starting to loosen as the Fed raises interest rates.

FOX Business host Larry Kudlow dives into the economy and President Biden's failing economic and energy agenda on 'Kudlow.'

Inflation and an uncertain economy have caused some Americans to skip Thanksgiving dinner this year, a recent survey said.

The Conference Board's Leading Economic Indicators index fell for the eighth consecutive month, signaling that a recession is looming on the horizon in the U.S.

Alphabet and others have made large profits while buying back billions of dollars in shares in recent years as interest rates remained low in the developed world.

Amazon founder Jeff Bezos on Saturday offered some advice to individuals and small business owners as he noted the economy "does not look great right now."

Being laid off from companies like Meta and Twitter due to an economy on the edge of a recession is out of your control, but here's how to control your fate.

Former Treasury Secretary Larry Summers warned this week that the Federal Reserve may need to hike rates above 6% in order to crush unrelenting inlfation.

A number of Big Tech companies including Apple, Amazon and Facebook have announced hiring pauses or layoffs in recent weeks amid fears of an economic recession.

Fisher Investments founder Ken Fisher says Fed rate hikes will not kill inflation and that the U.S. economy will not fall into recession because loan growth is strong.

The White House said Thursday the US is not in a recession and touted unemployment rates and the stock market as proof of a strong economy.

Harvard economist Ken Rogoff argues the chances of a "significant" U.S. recession are "pretty high," and labor will soon catch up with the Fed's rate hikes.

Søren Skou, CEO of Maersk, said Wednesday that "there are plenty of dark clouds on the horizon" as the shipping company reported its quarterly results.