Recession

Citi economists said in a report this week that they are expecting an economic recession in 2023 as a result of the Fed's interest rate hike campaign.

High inflation will likely keep the Fed on track to continue raising interest rates well into 2023 as policymakers try to crush stubbornly high prices.

Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.

Real estate mogul Sam Zell gives his outlook on the housing market after mortgage rates declined and reveals what the Fed must do to slow the pace of inflation.

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

The CEOs of Goldman Sachs, JPMorgan Chase and Bank of America warned of an ugly outlook for the economy in 2023, raising the specter of a recession next year.

The Business Roundtable said in its fourth quarter CEO Economic Outlook Index that sentiment among corporate leaders plunged to the lowest level in two years.

Bank of America CEO Brian Moynihan said that a "shallow" recession was likely coming in 2023, despite other bank executives warning about high inflation.

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

Jamie Dimon, the veteran CEO of JPMorgan Chase, said that inflation could drag the U.S. economy into a recession next year as Americans pull back on spending.

Bank of America economists expect a recession to emerge in the beginning of 2023. Here’s how to keep your finances on track.

Pepsi is firing corporate employees as inflation and recession tendencies in the economy make doing business more expensive and drives up production costs.

Bank of America analysts said on Monday that the S&P 500 could tumble another 20% from current levels in coming months if the U.S. enters a recession.

FOX Business host Larry Kudlow dives into the November jobs report, the Federal Reserve's economic plans and Democrats' omnibus spending bill supposedly with Republican leadership support on 'Kudlow.'

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.