The Latest Breaking News from Recession

Ms Truss today took a swipe at her rival's economic legacy, blaming it for the expected recession

RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

Although investors have been under pressure with recession worries, St. Louis Federal Reserve President believes the economy is not in a recession. Moreover, the better-than-expected July job report is expected to boost investors’ sentiments. Thus, we think investing in bargain stocks ARC Document Solutions (ARC), Alliance Global Group (ALGGY), and…

U.S. employers added more than double the number of jobs forecast, illustrating rock-solid labor demand that tempers recession worries and suggests the Federal Reserve will press on with steep interest-rate hikes to thwart inflation.

A recent report has warned that the UK is headed for a recession that will plunge millions of vulnerable households across the UK into financial crisis.

If Britain ends up in a recession, public anger will be looking for an outlet, says the Guardian columnist Jonathan Freedland

Even though the U.S. stocks ended July with decent gains, growing recession fears could keep the stock market under pressure in the near term. However, despite the current market headwinds, it could be wise to invest in fundamentally sound stocks, Microsoft (MSFT), SIGA Technologies (SIGA), and Fortinet (FTNT), which have…

Jerry Howard, National Association of Home Builders (NAHB) CEO, has plenty of experience in the housing industry. Prior to joining NAHB, Jerry served as the Chief Lobbyist for the National Council of State Housing Agencies. For over a quarter of a century, Jerry has been analyzing the housing market.

It's excellent news for job seekers, though Fed officials are likely to see reasons to worry about inflation pressures.