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Economic conditions have experts arguing whether the U.S. is heading toward a recession or is already in one. Here's who makes the final call.

Think a recession is 2 consecutive quarters of negative growth? Think again.
If Elon Musk is forced to pay Twitter a $1 billion breakup fee for backing out of the deal to acquire the company, it won't break a record.

Elon Musk might pay Twitter $1 billion breakup fee. Here’s the most expensive.
The U.S. hasn't seen inflation this high since 1981, raising the possibility the Fed may implement an historic interest rate hike to tame it.

Investors predict supersized interest rate hike by Fed after red-hot inflation
The June CPI report revealed annual inflation of 8.8%.

June CPI report: 9.1% increase in prices over last year, core CPI at 5.9%
London's Heathrow Airport is asking airlines to stop selling tickets for the rest of the summer after failing to keep up with unprecedented travel growth.

London’s Heathrow Airport latest to ask airlines to stop selling summer tickets
Twitter shares sank 6% at Monday's market open as investors react to Elon Musk backing out of his deal to buy the company.

Twitter shares sink ahead of legal fight after Elon Musk abandons buyout
There are plenty of warning signs of an oncoming recession in the U.S., from record, rising inflation to falling oil prices.

Inflation, oil, stocks lead 5 signs of imminent recession
The political pressure is on the Biden administration to lower oil and gas prices, though most of its ideas are being met with resistance.

Expert: ‘Very bad idea’ for Biden to ban oil exports to lower gas prices
Americans have been desperate for gas price relief, but after a precipitous drop in crude oil prices this week, analysts saw it as a sign of trouble ahead.

Oil price slump is good for gas prices but driven by recession fears
The euro is close to reaching parity with the dollar, where $1 would buy €1. The euro price against the dollar dipped under $1.03 Tuesday.

Weakening euro hits 20-year low against dollar over recession fears, energy crisis

Fireworks, airlines and oil companies to profit most over Fourth of July

Stock market skids to worst start of the year since 1970, S&P down 21%
From gun rights to abortion, companies across the country are getting pressured to pick sides, but some experts say that doesn't mean they should.

When companies should speak up or stay silent on hot button issues
The Persian Gulf is home to more than half of the world's oil reserves, but one major producer is looking to diversify with oil output at a 'maximum.'

Oil giant UAE looks to be dual threat with massive clean energy investments

Pending home sales see surprise increase in May amid wider market cooldown

Trump Media, Buzzfeed, Beachbody top list of biggest SPAC busts
Kellogg announced plans to split into three independent public companies to represent cereal, snacking and plant-based products.

Kellogg spinning off iconic cereal business, splitting into 3 companies
Are those targeted ads in your Facebook feed a little less creepy these days? You can thank Apple for that and Meta's billions in losses.

Meta blames Apple iPhone tracking pop up for $10 billion blow
The departure of executive Rossann Williams is just the latest leadership shakeup at Starbucks, which is still searching for a new CEO.

Leadership change marks latest shakeup at Starbucks
The world of professional sports is rife with anti-competitive practices. Here are five of the biggest leagues operating like monopolies.

From golf to MLB, how these 5 pro sports act as monopolies

Beauty giant Revlon files for bankruptcy, struggles to compete with influencers

Quantitative tightening is ‘uncertain’ Fed method to cool inflation
The Federal Reserve announced a move it hasn't made in decades: Raising its benchmark interest rate by 0.75%, effectively doubling the rate.

Federal Reserve makes largest interest rate hike in 28 years to tackle inflation
In one more sign inflation isn't budging, wholesale prices surged 10.8% in May from a year ago, near a record annual pace.

Wholesale prices rise 10.8% in May, Wall Street braces for hawkish Fed