The Latest Breaking News from Recession

The U.S. equity market has experienced elevated volatility lately amid record-high inflation, increased possibility of the Fed’s drastic interest rate increases to bring price stability, and growing recession fears. As the U.S. economy is slowly sliding into a recession, fundamentally strong consumer discretionary stocks UnitedHealth (UNH), Assurant (AIZ), Pilgrim’s Pride…

A higher-than-expected May inflation report has concerned investors since this could force the Federal Reserve to hike interest rates aggressively. Since the possibility of the economy slipping into a recession is expected to keep the stock market under pressure, investors could consider stocks that tend to perform well amid an…

Inflation is at a 40-year high

Executives still plan to hire and invest, but their outlook deteriorated rapidly, data shows.

As the commodity market shifts to an environment of stagflation and U.S. economic recession risks rise, Bank of America adjusted its coverage of chemical stocks on Tuesday.

CEO Brian Armstrong said managing costs would be critical with the possibility of recession leading to a crypto winter.

The worldwide cryptocurrency market capitalization is at $943.6 billion on Tuesday morning, down from $968 billion just 24 hours ago. Investors are continuing to sell off crypto assets amid heightened inflationary pressures and a looming recession.

City Voices: Former Bank Governor Mervyn King scores nought out of ten

The risks are growing that the UK could slide into a recession. But property experts predict the market will cool rather than crash

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

There are fears we could be on the verge of another global recession and investors are spooked.