The Latest Breaking News from Recession

As inflation hit above estimated levels in June, growing concerns over the Fed’s aggressive interest rate hikes and a consequent recession drove a sell-off this week. Since the market volatility is not expected to lessen soon, dividend-paying stocks West Pharmaceutical (WST), S&P Global (SPGI), and Sherwin-Williams (SHW), currently trading at…

Amid a potential economic slowdown due to the multi-decade high inflation and aggressive interest rate hikes, the utility sector is expected to remain resilient due to its inelastic demand. So, iShares U.S. Utilities ETF (IDU) could be an ideal investment now. Read on to learn more.

There are many indicators that a global recession is on the way

The stock market has been experiencing heightened volatility due to record-high inflation, increased possibility of drastic interest rate hikes to bring prices down, and growing recession odds. Amid the uncertain market conditions, it could be wise to invest in profitable stocks TotalEnergies (TTE), Verizon (VZ), and Crescent Capital (CCAP) to…

Skyrocketing inflation, the Fed’s aggressive interest rate hikes, and growing recession fears have kept the stock market under tremendous pressure lately. Amid the market’s downtrend, the world’s renowned investors are scooping up quality stocks Occidental Petroleum (OXY), Amazon.com (AMZN), and Incyte (INCY). Continue reading….

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Head of IMF urges wealthier countries to provide support to poorer nations as millions at risk of hunger

The economy, energy prices and upcoming midterms weigh heavily on the president during his Middle East trip. Plus, House committee argues Capitol attack was premeditated

After June's inflation numbers, the Fed is likely to push rates higher — at the risk of sparking a recession