The Latest Breaking News from Recession

The Australian share market has plunged on global fears of rising interest rates in the US. Business reporter Sue Lannin unpacks what it all means.

Australian, US and global stocks are dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession.

Amid the heightened volatility in the market on concerns over rising inflation and a potential recession, we think fundamentally sound stocks Anthem (ANTM), Qiagen (QGEN), Bayer Aktiengesellschaft (BAYRY), Amdocs (DOX), and McKesson (MCK), which are currently trading at significant discounts to their peers, could be wise investments now. In addition…

The Bank of England expects that the UK economy has shrunk between July and September 2022. This means the country may be in recession. But what does this mean and how will recession affect you?

Microsoft Corporation (NASDAQ: MSFT) was trading about 2.5% lower in the premarket on Monday, in sympathy with the futures market, which was declining about 2.4%.

The UK economy shrank by a larger than expected 0.3 per cent in April, heightening fears that Britain is headed for recession. City experts had been expecting output to contract by 0.1 per cent, following a similar decline in March.

Many S&P 500 investors are convinced a recession is on the way. And if it is, you'll want to know which stocks to avoid.

Recession red light blinks as output fell by 0.3% including services, production and construction

The Irish financial expert says 'all the signs are there' - here is how to prepare