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The Latest Breaking News from Recession

Tisco ESU tips healthcare, tech amid recession fears

Tisco Economic Strategy Unit (Tisco ESU) recommends investing in healthcare and tech stocks as it expects the US Federal Reserve to increase interest rates by another 75 basis points at its meeting on July 27, raising the risk of recession.

Google's parent reports slowest quarterly growth in 2 years

Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid fears of an economic recession

The Independent UK

3 Stocks Investors Shouldn't Bank on for Profits

3 Stocks Investors Shouldn't Bank on for Profits

As the stock market has been suffering due to surging inflation and increasing odds of a recession, we think it could be difficult for fundamentally weak bank stocks First Republic Bank (FRC), Prosperity Bancshares (PB), and Pathward Financial (CASH) to remain resilient. So, it could be wise to avoid these…

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5 Stocks You'll Want in Your Corner if a Recession Hits

Growing fears over a potential recession due to high inflation and the Federal Reserve’s aggressive interest rate hikes should keep the stock market highly volatile in the upcoming months. However, investors could consider buying relatively stable and dividend-paying stocks Procter & Gamble (PG), AbbVie (ABBV), Abbott (ABT), Caterpillar (CAT), and…

EXPLAINER: How do we know when a recession has begun?

By one common definition, the U.S. economy is on the cusp of a recession

The Independent UK

IMF Cuts Global Growth Outlook, Warns High Inflation Threatens Recession

The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked. Global real GDP growth will slow to 3.2% in 2022 from a…

Asharq Al-Awsat

IMF slashes forecasts for global economy in "gloomy" outlook

"The world may soon be teetering on the edge of a global recession, only two years after the last one,” an IMF economist said.

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Five key things to know about the "is this a recession" controversy

Five key things to know about the "is this a recession" controversy

It's hard to recall a White House deploying as much effort to pre-spin economic data.

US consumer confidence falls for third consecutive month as recession fears loom

US consumer confidence falls for third consecutive month as recession fears loom

Inflation and rate hikes expected to create further headwinds in coming months as midterm elections move closer

The Independent UK

World is 'teetering on the edge of recession' as UK set to be weakest G7 economy

World is 'teetering on the edge of recession' as UK set to be weakest G7 economy

The outlook from the IMF isn't rosy

Biden fights talk of recession as key economic report looms

Biden fights talk of recession as key economic report looms

President Joe Biden wants to convince a skeptical public that the U.S. is not, in fact, heading into a recession

The Independent UK

US economy sending mixed signals: Here's what it all means

US economy sending mixed signals: Here's what it all means

The U.S. economy is caught in an awkward, painful place

The Independent UK

The 3 Best Stocks to Hedge Against Inflation

The 3 Best Stocks to Hedge Against Inflation

With inflation at a multi-decade high and the Fed’s aggressive interest rate hikes increasing the odds of a recession, the stock market is expected to remain highly volatile in the upcoming months. So we think investing in fundamentally sound stocks Coca-Cola (KO), Marathon Oil (MRO), and Weis Markets (WMK) could…

Hard-Hit Shopify Stock Sets Layoffs, CEO Says 'I Got This Wrong'

Hard-Hit Shopify Stock Sets Layoffs, CEO Says 'I Got This Wrong'

Shopify stock is one of 2022's big losers. But analysts expect a reacceleration in revenue growth for SHOP stock in 2023, despite worries over a U.S. recession.

Investors Business Daily

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Manchester Evening News

Rishi Sunak and Liz Truss intensify attacks during hard-fought Tory leadership TV debate

The former chancellor claimed there was 'nothing Conservative' about Ms Truss's approach

The Guardian - AU

‘Gloves are off’: what the papers say about the Tory leadership TV debate

Tax cuts and recession fears among the front page topics as the fight between Rishi Sunak and Liz Truss intensifies in first televised debate

Bitcoin, Ethereum, Dogecoin Plunge As Rate Hike, Recession Fears Pin Down Risk Assets: Here Are 2 Key Apex Crypto Time Frames

Major coins declined sharply Monday evening as the global cryptocurrency market cap fell 5.9% to $979.9 billion at press time.

Biden's juggling act: Recession optimism could backfire

"I don't think, God willing, we're going to see a recession," Biden said Monday. "I'll be surprised."

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The Independent UK

Sunak and Truss intensify attacks during hard fought Tory leadership TV debate

Former chancellor Mr Sunak claimed there is ‘nothing Conservative’ about Ms Truss’s approach.

Evening Standard

Conservative leadership race: Rishi Sunak and Liz Truss intensify attacks during Tory leadership TV debate

The pair clashed after a weekend that saw allies of the two Tory leadership hopefuls trade increasingly personal attacks

Did The White House Just Change The Definition Of A Recession? Here's What Michael Burry Thinks

The White House shared a blog post explaining whether the U.S. economy was in a recession. The blog post may have changed the underlying factors of what considerations make a recession happen, something that caught the attention of noted investor Michael Burry.

Tory leadership debate turns bad-tempered between Rishi Sunak and Liz Truss

The former chancellor and current foreign secretary clashed over economics

Biden: "We're not going to be in a recession"

The Commerce Department will release its initial estimate of second-quarter growth on Thursday.

The Independent UK

Tory leadership hopefuls trash economic plans in first head-to-head TV showdown

Rishi Sunak and Liz Truss are the two contenders to succeed Boris Johnson.

Solid Momentum Makes These 3 Stocks "Strong Buys"

The stock market has recently been exceedingly turbulent. And, given that the market volatility is projected to persist for the foreseeable future with the increased odds of a recession, we believe it is prudent to scoop up shares of quality companies Adams Resources & Energy (AE), Friedman Industries (FRD), and…

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