The Latest Breaking News from Recession

U.S. President Joe Biden said in an interview released on Tuesday that he did not think there would be a recession, but that if it happened it would only be "very slight."

Energy stocks have dipped along with the rest of the market as recession fears increase. However, the longer-term supply situation continues to be concerning especially with expectations that Russia's oil production will decline due to sanctions. Thus, investors should consider buying high-quality energy stocks like Valero (VLO), Occidental Petroleum (OXY),…

The travel industry has been under pressure due to sky-high inflation and the rising odds of a recession. Moreover, the industry is struggling with an acute labor shortage. Hence, fundamentally weak travel stocks Carnival Corporation (CCL) and Norwegian Cruise Line (NCLH), which have incurred significant losses this year, could be…

The recent hotter-than-expected jobs data suggests that the Federal Reserve is on track to implement another massive rate hike in its November meeting. While recession remains a strong possibility, the stock market has already begun testing its depths. Hence, it would be wise to invest in fundamentally strong stocks Bristol-Myers…

The Federal Reserve’s hawkish stance and growing recession odds have been fostering immense market volatility of late. Moreover, September job gains almost affirm the Fed’s aggressive rate hike in the upcoming meeting. Given a highly volatile market backdrop, we think it could be wise to avoid fundamentally weak, high-volatility stocks…

Editorial: The government and its central bank are plotting a path that will create a painful recession. Both ought to change course

Getting the cash rate back to neutral is more about the journey than the destination and the Reserve will be guided by changing economic conditions.

Revenue boost will aid budget repair as ‘storm clouds’ loom over economy, Deloitte predicts

The UK economy is on the brink of a recession while also experiencing weeks of financial volatility following the launch of the government’s unfunded growth plan last month.