The Latest Breaking News from Recession

After a long day of cajoling fellow MPs, Tory leadership candidates may have been cheered by some unexpected economic good news. GDP rose by 0.5 per cent in May, raising the prospect that the UK can avoid a recession.

Asian stocks fought back Wednesday to recover some of the losses suffered at the start of the week, while oil also bounced from a rout, though recession alarms continue to ring loud.

BlackRock, State Street and Bank of New York Mellon report earnings on Friday, as bank stocks slide on recession concerns.

Oil prices might soar higher as demand continues to outstrip supply. And we think energy stocks Adams Resources & Energy (AE), TotalEnergies (TTE), and Devon Energy (DVN) are well-positioned to benefit from the industry tailwinds and might be solid buys. However, as oil prices have receded lately on recession fears,…

NASA unveiled a series of dramatic full-color photographs taken by the James Webb Space Telescope, offering the deepest imagery ever captured of the distant edges of the universe.

Commodity prices have plummeted over the past few weeks on concerns over a global recession. However, amid the inflationary pressure, the growing demand for essential commodities should benefit Ryerson Holding Corp. (RYI), Southern Copper (SCCO), and Cameco Corp. (CCJ). Read on….

Tech stocks may disappoint if a recession hits the U.S. economy, says Bank of America. Megacap technology stocks could face the biggest challenges.

Recession fears and China COVID curbs weigh on oil; Brent and WTI slide by more than $6 a barrel

After a stellar run during the height of the COVID-19 pandemic, shares of interactive fitness platform Peloton Interactive (PTON) have lost significantly and are currently trading 93% below its 52-week high due to weakened demand. With recession fears looming, the company may witness further sales decline. Investors should avoid the…