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The Latest Breaking News from Recession

Here's Why Canadian Natural Resources Shares Are Falling Sharply Today

Canadian Natural Resources Ltd (NYSE: CNQ) shares are trading lower by 8.51% to $50.11 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

So What's Going On With Schlumberger Shares Nosediving Today?

Schlumberger NV (NYSE: SLB) shares are trading lower by 7.80% to $32.87 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Hess Shares Are Getting Hammered Today

Hess Corp. (NYSE: HES) shares are trading lower by 8.41% to $96.47 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

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Why Shell Shares Are Getting Hammered Today

Shell PLC (NYSE: SHEL) shares are trading lower by 7.03% to $48.25 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Bank Of America Shares Are Falling Today

Bank of America Corp (NYSE: BAC) shares are trading lower by 2.36% to $30.82 Tuesday afternoon. Shares of banks and financial services companies are trading lower Tuesday amid broader economic concerns as traders assess the possibility of a recession.

Benzinga

Gas Prices Haven't Fallen This Fast Since COVID; Why Oil May Plummet To $65 Per Barrel This Year

Tuesday’s decline in oil prices comes as analysts consider the impact of a potential global recession on demand.

Benzinga

What's Going On With Amazon Shares Today?

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading higher by 3.05% to $112.90 during Tuesday's trading session. Shares of retail companies at large are trading higher Tuesday amid volatility in stocks as traders assess the possibility of a recession.

Benzinga

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Long, moderate and painful: What next US recession may look like

Recessions, like unhappy families, are each painful in their own way.

Tribune News Service

Euro Value Drops Again Amid Recession Concerns Across US And Other Leading Economies

The value of the euro, as compared to the U.S. dollar (USD), has hit a 20 year low.

Benzinga

Why JPMorgan Chase Stock Is Falling Today

JPMorgan Chase & Co (NYSE: JPM) shares are trading lower Tuesday alongside several banks and financial services companies amid broader economic concerns as the market continues to assess the possibility of a recession.

Benzinga

European stock markets tumble on rising fears of recession

Euro slumps to 20-year low against US dollar as jump in natural gas prices intensifies economic strain

The Guardian - UK

What's Going On With Exxon Mobil Shares Falling Today?

Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.42% to $85.43 during Tuesday's trading session. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why BP Shares Are Diving Today

BP plc (NYSE: BP) shares are trading lower by 3.80% to $27.20 Tuesday morning. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

With a recession looming, here's what you need to know about unemployment insurance

The U.S. economy contracted by 1.6% in the first quarter of this year, setting the stage for a recession if economic output declines again in the second quarter, said economist Anil K. Puri, director of the Woods Center at Cal State Fullerton.

Los Angeles Times

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The New Daily

‘Inflationary storm’: RBA hikes interest rates to contain fallout as prices surge

The Reserve Bank has slapped households with another painful interest rates hike in July as it tries to curb soaring inflation.

StockNews.com

2 Buy-Rated Dividend Stocks - Which One has the Most Upside?

The market is expected to remain under pressure due to the Fed’s rate hikes and the rising recession concerns. Amid this backdrop, dividend-paying stocks Broadcom (AVGO) and Shell (SHEL) are expected to gain investors’ interest due to their stable dividend payouts and high yields. Both the stocks are Buy-rated in…

StockNews.com

Pick Up This Sturdy Consumer Staple Stock in Times of Trouble

Given the growing concerns over the Fed’s hawkish stance to tame the rising inflation and the possibility of the economy tipping into a recession, it could be wise to invest in fundamentally solid consumer staple stock General Mills (GIS). Consumer staples stocks are seen as recession-proof due to the non-cyclical…

Bangkok Post

Bruised emerging markets are battle-ready for a US recession

Emerging markets are well positioned to stare down a US recession and may even be able to lure investors their way.

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news in one place.

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ABC News

Can we avoid a recession? What we can learn from the Kiwis

New Zealand property prices have fallen every month this year following a series of punishing interest rate hikes that began last October. So far, the hikes have yet to dent inflation.

Asharq Al-Awsat

Oil Prices Slip as Recession Fears Rumble On, Tight Supply Stems Losses

Oil prices fell on Monday, paring gains from the previous session, as fears of a global recession weighed on the market even as supply remains tight amid lower OPEC output, unrest in Libya and sanctions on Russia. Brent crude futures for September slipped 36 cents, or 0.3%, to $111.27 a…

The Guardian - UK

Europe at risk of recession amid concerns Russia could cut gas supplies

Energy prices had already surged in second half of 2021 but Russia’s invasion of Ukraine has exacerbated this

Dublin Live

Recession Ireland: Majority of public believe we are heading for recession - poll

Almost four out of five people think the economy is heading for a slump

The Guardian - UK

Dashboard of decline: seven charts that explain Britain’s economic crisis

The UK looks set for a recession and a longer battle with inflation than many of its neighbours. This is why

StockNews.com

Recession is Here...Watch Out Below!

More and more it looks like recession is here. This includes a dramatic decline for ISM Manufacturing discovered this morning. As you likely know, most economist call manufacturing the "canary in the coal mine" for the US economy as it often shows weakness before other areas. In fact, GDP Now…

The Independent UK

‘Wounded’ Boris Johnson risking recession to get support from right-wing Tories, TUC leader warns

The warning comes as the UK faces months of industrial unrest on a scale not seen for decades

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