The Latest Breaking News from Recession

Thailand is expected to eke out annual economic growth of about 3% over the next two years despite a looming global recession, says Bangkok Bank economist Kobsak Pootrakool.

The United Nations Conference on Trade and Development is calling on central banks in major economies to reverse course on raising interest rates, stating that it is leading the world into a global recession and prolonged stagnation.

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

The Fed is expected to continue hiking interest rates aggressively until inflation comes under control. Although the central bank’s hawkish stance is raising recession worries, some believe there are chances of achieving a soft landing. Given the uncertainties, investing in quality stocks trading at low prices could be rewarding. Fundamentally…

Many analysts still see the possibility of the economy avoiding a recession, despite the possibility of further aggressive interest rate hikes. Moreover, consumer confidence surged in September. Therefore, quality stocks Texas Instruments (TXN) and Energy Transfer (ET), which were recently upgraded in our proprietary rating system, could be ideal additions…

After a disappointing third-quarter performance, investors should brace themselves for an enhanced market uncertainty in the fourth quarter amid the Fed’s persistent rate hikes to tame stubborn inflation and growing recession fears. Hence, we think it could be wise to add resilient and dividend-yielding stocks Johnson & Johnson (JNJ) and…

When Pasha Grozdov found out his friend’s Manhattan landlord was raising the rent on her one-bedroom apartment from $4,100 to a crushing $6,000 a month, there was only one way he could think to react: with a joke.

Sterling has recovered its mini-budget losses, but traders and economists warn debacle has hurt UK

Asian shares have fallen after Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020

Malaysia is expected to deliver a slightly expansionary budget for the next year on Friday in a bid to boost voter support ahead of a general election that could be called any day amid rising prices and fears of a global recession.

Australian shares have fallen on Monday, as investors fretted that aggressive interest rate hikes to bring down red-hot inflation would tip the global economy into recession.