The Latest Breaking News from Recession

Company warns that next 12 months will be tougher, with economy likely to go into recession

As the value of the U.S. dollar soars, other currencies around the world are sinking by comparison

He said: 'We will all pay the price for their failures'

Inflation came in more than expected in September, raising the chances of a fourth 75-bps rate hike by the Fed at the year-end. The Fed’s aggressive rate hikes are leading the economy to a recession. However, investors should focus on long-term strategies to offset the current situation. We think fundamentally…

Looming layoffs, rising inflation and fears of an impending recession bode ill for companies’ earnings calls next week

Persistent inflationary pressure and consecutive rate hikes have hit the U.S. economy’s growth prospects and raised fears of a recession. Amid this, investing in defensive stocks Coca-Cola (KO), Humana (HUM), and Casey’s General Stores (CASY) could be wise. Read on….

UK chancellor’s tightening of fiscal policy will lead to weaker growth and a deeper recession

Shares of Rivian Automotive (RIVN) have plummeted more than 70% in price year-to-date, with the Fed’s aggressive rate hikes and rising recession odds weighing on investors’ sentiment. The startup automaker is expected to incur huge losses in the upcoming fiscal years as it suffers from cost increases, chip shortages, and…

High energy prices, surging inflation, rising interest rates and global economic weakness to blame