Australia's coronavirus hot spot state of Victoria on Sunday extended a hard lockdown in its capital Melbourne until Sept. 28, as the infection rate has declined more slowly than hoped.

Australia fell into its deepest economic slump on record last quarter as coronavirus curbs paralysed business activity, while fresh outbreaks threaten to upend any immediate recovery, piling pressure ...

What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...

Finance guru Mark Bouris has issued a stark warning that a US recession would have a butterfly effect on Australia's economy. The warning comes as economists hold their breath in anticipation of ...

The Australian federal election campaign has had a total lack of discussion of the major crises facing the working class. The realities of genocide, trade war, recession and a looming world war, along ...

President Donald Trump's aggressive tariffs have shaken investors' faith in U.S. markets. Many fear a recession might be just around the corner. It has been awhile since U.S. investors have had to ...

First, some background: Three years ago, as the economy recovered from the brief COVID-19 recession, economists were already talking about another downturn. Russia had invaded Ukraine. Inflation was ...