The Latest Breaking News from Recession

Although the U.S. has experienced two declining quarters of GDP, defined as a technical recession, many are left wondering whether the economy is really in a recession as unemployment rates remain at historical lows of 3.5%.

Investors’ sentiments are improving amid slowing inflation and rising hopes of a slower tightening by the Fed. Moreover, the economy might successfully dodge a recession considering its resilience so far. Here are three fundamentally robust mid-cap stocks, Acuity Brands (AYI), Hugo Boss (BOSSY), and Progress Software (PRGS), which look poised…

How do some mutual funds thrive in the face of a recession? Towle Deep Value Fund uses a contrarian strategy to beat the broad market.

Oil prices rose on Thursday as robust US fuel consumption data and expected falls in Russian supply late in the year offset concerns that a possible looming recession could undercut demand. Brent crude futures climbed $1.43, or 1.5%, to $95.08 a barrel by 0900 GMT.

Bank of England’s dire new forecast sparks recession fears

Builders are starting fewer new housing projects but housing construction rates remain steady. Experts say it's a product of inflation catching up with persistent supply chain problems.

Since the pandemic hit in 2020, conspiracy theorists have had a field day. With seemingly everything in question, it’s been hard to discern real information from fake. 

The recent rally in the benchmark indices indicates improving investors’ sentiments. Moreover, analysts believe the economy could likely dodge a recession. So, it could be wise to consider buying quality stocks CVS Health (CVS), APA (APA), Biogen (BIIB), and Centene (CNC) now. Keep reading….

Almost £10,000 was added to the average cost of a home in the capital in June.