The Latest Breaking News from Recession

Mirror Money editor Levi Winchester looks at how you can best protect your finances in a background of rising interest rates, soaring inflation and the UK likely heading into recession

The Fed’s aggressive monetary policy stance and growing recession odds are expected to keep the stock market under immense pressure in the near term. So, it could be wise to avoid popular but fundamentally weak stocks Lucid (LCID), Bed Bath & Beyond (BBBY), and fuboTV (FUBO), which are expected to…

I’ve rarely felt more trepidation about writing a column than this one. But here goes: After more than a century of almost continual growth, the world’s appetite for oil is peaking, and will soon enter terminal decline.

A common sound bite today is that the Federal Reserve’s recent interest rate hike is pushing the nation toward recession. But that’s like beginning a book on page 813. The origin of today’s economic malaise is prolonged and massive federal budget deficits, combined with a Fed willing to finance those…

Figures including the head of World Trade Organization and Paul Krugman are expressing concern about economic outlook.

The Fed’s aggressive rate hikes are slowing the economy and raising the odds of a recession. However, despite the economic uncertainties, staying invested could help garner significant returns in the long term. We believe fundamentally strong stocks Microsoft (MSFT) and Agilent Technologies (A) could be ideal long-term investments. Read more….

Multi-decade high inflation, combined with the prospect of strong central bank interest rate hikes this year, might trigger a recession. So, investors seeking to beat the consequent market downturn might consider investing in fundamentally-sound stocks Johnson & Johnson (JNJ), Walmart (WMT), and Coca-Cola (KO), given the inelastic demands for their…

THE Bank of England has been forced to step in following the collapse in the value of the pound after Chancellor Kwasi Kwarteng’s “mini…

Apple, Inc (NASDAQ: AAPL) gapped down over 2% on Wednesday to start the trading day and continued to decline once the market opened.

House prices are set to fall next year as fewer people buy property amid more expensive homeloans, higher interest rates, rising inflation and the risk of recession

Money can be a triggering topic for many of us. These days, it’s hard to escape the impact of supply chain issues, inflation and talk of recession. It is hard to make sense of it all, but you can take some practical steps to save or make a little extra…