The Latest Breaking News from Recession

Many Asian stock exchanges deepened their losses on Thursday as currencies tanked after the US Federal Reserve delivered a third consecutive 75-basis-point interest rate cut overnight and signalled more to come through next year, sparking fears of recession.

Threadneedle Street makes clear on eve of tax-cutting mini-budget that plans risk triggering more rate rises

The major stock market indexes added to Wednesday's bad vibes and are trading lower on Thursday afternoon, close to lows for the day. The market is still reeling from Fed Chair Jerome Powell's comments, which have intensified fears of a recession. The Nasdaq fell 1.5%. The S&P 500 lost 0.8%.…

Recession fears have been mounting as the Fed maintains its aggressive monetary policy stance to bring inflation under control. While the market is expected to remain uncertain in the near term, we think it could be wise to add fundamentally sound stocks Genuine Parts Company (GPC), Albertsons Companies (ACI), and…

Brace yourselves, the Bank of England says we may already be in recession.

A number of leading health care stocks are weakening, some triggering sell signals.

The Fed’s hawkishness and mounting recession fears are expected to keep the stock market under pressure. Amid this backdrop, it could be wise to avoid fundamentally weak stocks Carvana (CVNA) and Peloton Interactive (PTON), which possess significant downside risks. Continue reading….

The Fed launched its third consecutive 75-bps rate hike on Wednesday, and further rate hikes could be on the horizon. As the Fed tries to tame the raging inflation, recession fears are rising. Given this backdrop, high-risk stocks Robinhood (HOOD), Norwegian Cruise Line (NCLH), Crocs (CROX), Dave & Buster's Entertainment…

Interest rates have risen to 2.25% from 1.75% – the highest level since November 2008