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Recession

News and updates about Recession

Half of US companies likely to lay off workers amid recession fears

New poll shows 50% of American companies planning to trim workforces as economy dips into recession.

Half of US firms likely to lay off workers amid recession fears

Watch: WH Press Secretary 'redefines' recession

White House Press Secretary Karine Jean-Pierre tells Fox News' Peter Doocy what a recession 'really' means.

Watch: WH Press Secretary 'redefines' recession player

US officially in a recession

US sees 2nd-straight quarter of negative GDP growth, with GDP shrinking by 0.9% even as inflation remains at a 40-year high.

US officially in a recession

Fed raises key interest rate 75 points in response to continued inflation worries

As recent numbers show inflation continuing to soar, Fed raises key rate 75 points for second time in two months.

Fed raises key interest rate 75 points in response to inflation

IMF: High likelihood of recession in G7 countries

Predicted recession blamed on skyrocketing energy costs, supply chain disruptions, and the war in Ukraine.

IMF: High likelihood of recession in G7 countries

US economy surpasses predictions, adds 372,000 jobs in June

High labor demand leads to surprisingly strong growth in June, with the US economy defying predictions and adding 372,000 jobs.

US economy surpasses predictions, adds 372,000 jobs in June

Economists warn recession increasingly likely to hit US this year

With inflation hitting US consumers hard and the economy cooling, experts predict recession looming.

Economists warn recession likely to hit US this year

Economists warn of U.S. recession triggered by Ukraine war

American economists are sounding the alarm over a potential recession next year triggered by Russia's invasion of Ukraine.

Economists warn of U.S. recession triggered by Ukraine war

Israel headed for a recession?

Israeli businesses take a hit in 2016, signaling possible recession as growth fails to meet expectations.

Israel headed for a recession?

Warning signs for Israeli hi-tech

Once vaunted Israeli hi-tech sector now faces decline, as there are not enough computer science graduates to sustain growth.

Warning signs for Israeli hi-tech

Bank Expected to 'Goose' Economy With Rate Slash

The Bank of Israel is expected to cut interest rates further, in order to prompt spending in Israel's weak economy.

Bank of Israel Cut Interests Rates to New Record Low

Obama Cuts Holiday Short to Deal with Economy

Despite weeks of negotiations, Obama has yet to reach a budget deal with congressional Republicans to slash the deficit.

Obama Cuts Holiday Short to Deal with Fiscal Cliff

Two Large Israeli Tech Companies Announce Layoffs

Cellphone company Partner, and microprocessor designer and maker Freescale are laying off workers.

Two Large Israeli Tech Companies Announce Layoffs

Euro Zone Slips Back to Recession

Europe is slipping into a recession, according to data revealed by the European Central Bank on Wednesday.

Euro Zone Slips Back to Recession

Afraid of a Recession? Move to Israel

The US “slow growth” era wavers on the edge of a recession, but Barclay’s predicts the Israel economy will grow by 2.5 percent in 2012.

Afraid of a Recession? Move to Israel

Iran Warns Blockade Means Worldwide Recession

Iran pulled out its “oil card” Sunday, warning the West that blockading Iranian crude will result in sky-high prices at the pump.

Iran Warns Blockade Means a Worldwide Recession

Despite Recession Fears, Officials Get Fat Raises

The world's economic problems are likely to affect Israel soon, PM Netanyahu says - a day before he and other officials get salary raises.

Despite Recession Fears, Govt. Officials Get Fat Raises