Recession

Bitcoin is at its highest level in 10 months breaching the $30,000 marker ahead of Wednesday’s March consumer price index (CPI) data from the Labor Department and subsequent response from the U.S. Federal Reserve

Ahead of BlackRock, Citigroup, JPMorgan Chase, PNC Financial and Wells Fargo reporting earnings on Friday, finance pros have concerns up and down the balance sheet.

Audit firm KPMG LLP flagged potential losses on loans as a critical matter for Silicon Valley Financial but missed the inherent bond losses and unreliable deposits that took the financial institution down, the Wall Street Journal reported.

McDonald’s says its brand is strong, but its business has grown increasingly complex in recent years, it hired McKinsey to help streamline it's management structure.

In a company announcement on Thursday, Charles Schwab, a financial services and brokerage firm, said it netted $53B in assets in March to reach the second-highest mark in company history.

JPMorgan Chase CEO Jamie Dimon said that turmoil within the banking system has raised the odds that the U.S. economy tumbles into a recession this year.

According to SEC filing, advisers of the Miller Value Partners Appreciation ETF say the fund has an above-average probability to outperform the S&P 500 over a multi-year time horizon.

Amid a banking crisis and the hawkish Fed strategy to raise interest rates and cool inflation, the U.S. dollar is predicted to weaken further in 2023.

Small businesses could soon see lines of credit canceled from banks as the global banking crises, inflationary pressures and rising interest rates slow commercial lending.

GDP increased at an annual rate of 2.6% in the fourth quarter of 2022 after rising 3.2% in the third quarter, according to the final estimate from the BEA.

After rising interest rates and fear of a recession mounted in 2022, Wall Street bonuses fell 26%.

Home prices and mortgage rates could drop through 2023, according to a survey of economists by Zillow. But economic uncertainty and recession fears remain.

A survey from the Conference Board on Tuesday showed the Consumer Confidence Index went up in March, rising to 104.2 from 103.4 in February.

Data compiled by Investment Company Institute shows market fund assets ballooned to $5.13 trillion for the week ending on Wednesday, March 22, amid the banking crisis.

Shares are down for PacWest after subsidiary Pacific Western Bank said deposits are stable after receiving 1.4 billion from investment firm Atlas SP Partners.

Home Depot co-founder and billionaire entrepreneur Ken Langone goes on a rampage over the Federal Reserve's "painful" inflation response, and explains why the board should resign.

The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.

The market's bubble has now "burst," and will impact "everything everywhere all at once" in the U.S. economy, economists Stephanie Pomboy and Art Laffer argue.

Amid inflationary pressures and a weakened U.S. dollar, experts predict Wall Street will gravitate towards material wealth in precious metals like gold and silver, sending both to record highs in 2023.

More than half of Americans fear a recession is coming in 2023. Here’s how to manage your finances in any economy.