The Latest Breaking News from Recession

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….

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…

The declining consumer confidence amid the rising recession odds as the Fed continues with the rate hikes is causing rampant volatility in the market. Given this backdrop, it could be wise to short, liquidate or avoid fundamentally weak stocks Netflix (NFLX), Etsy (ETSY), Align Technology (ALGN), PayPal (PYPL), and Bath…

At its lowest point the European currency was down 0.64 of a cent at exactly $1.00

The euro fell on Tuesday, almost touching parity with the dollar, a threshold not crossed for two decades, weighed down by the likelihood of recession triggered by an energy crunch and an ECB rate rise campaign that lags far behind that of the Fed. The dollar index, a measure against…

Euro slides to a 20-year low of $1.0001 on anxiety that Europe will fall into recession, as Heathrow introduces limit on summer holiday passengers

Federal Reserve chairman Jerome Powell is raising interest rates at the fastest pace since the 1980s. That has been easy so far because rates are low and the economy has been strong.

St. Louis Federal Reserve president James Bullard says last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates

The value of Swedish Buy Now, Pay Later business Klarna has plummeted 85% from its 2021 peak after a fresh funding round, in the latest sign of dwindling fortunes for short-term lenders amid rising inflation and fears of a looming recession.