The global financial services company said "hard data" was pointing to a prolonged period of difficulty for the U.S. economy.

A weak jobs report in America has raised fears that the world’s largest economy is heading for recession. America’s stockmarkets have tumbled, with fear spreading to other countries. Japan’s ...

The longer households, companies, and governments fail to recognize and respond to the structural shifts taking place in the global economic and financial system, the harder it will be to mitigate the ...

Economic recessions are no reason for panic and have been a regular occurrence over the past century, but investors can make ...

Much of the world will be in recession in 2023, and in several places economic weakness could exacerbate geopolitical risks. This poisonous combination will be most evident in Europe.

The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing costs at an unprecedented clip to bring it under ...

Nearly one in five Canadian teens want to work but cannot find any work, the report noted. Young adults, aged 20 to 24, also ...

The World Bank issued a bleak global growth outlook this week, revising last June’s projections down from 3% to 1.7%.

The looming global recession will mean falling income, rising prices, and job losses even worse than expected, IMF director says ...

A new World Bank report warns that the pandemic has plunged the global economy into a deep recession of historic proportions, and the recovery outlook is grim, particularly for developing ...

The global recession that followed the financial crisis of 2008 beggared that thesis. The current downturn presents an even more extreme event — a worldwide emergency that has left no safe haven.