The Latest Breaking News from Recession

Despite the multi-decade high inflation, Colgate-Palmolive (CL) reported impressive revenue growth for the last quarter. Given inelastic demand for its products, the company can maintain its profitability even if consumers cut back on spending in a potentially recessionary environment. Therefore, it could be wise to invest in the stock. Read…

A recession wouldn't bring much relief for renters.

Analysis: While chancellor says unemployment has rarely been lower, Bank of England predicts recession will push up jobless rate

The battle for talent is still ongoing, seemingly unaffected so far by the recession threat.

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell $1.21, or 1.3%, to $93.89 a barrel by 0635 GMT. WTI crude futures dipped 84 cents, or 0.9%, to $88.57 a barrel.

Bitcoin, the largest cryptocurrency in the world, was created in 2009 during the depths of the great financial crisis. It took a while to gain traction, but it, along with other cryptocurrencies, has since exploded into a major market worth around $1 trillion.

While inflation and recession fears weigh heavily on the minds of voters, another issue is popping up in political campaigns from the U_K_ and Australia to the U_S_ and beyond: the “China threat.”

Data on jobs, prices and sales this week will add to the gloom, but might an inflation-led return to work take the edge off?

Higher mortgage costs will hit homeowners and tenants, investment and consumer spending. In a recession. I hope they’re proud of their acquisitive selves

The cost of living crisis is getting worse and October is set to be a tough month for millions of families. We explain all the key dates and events to be aware of, including when energy bills will rise.

July inflation came lower than expected, providing some relief to the investors’ concerns. However, the Fed intends to continue with its rate hikes, and the chances of a potential recession cannot be ruled out. The retail industry has outperformed the broader market over the past month, and we think investors…