The Latest Breaking News from Recession

Oil prices inched lower after seesawing through early trading on Tuesday, as worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China outweighed tight global supplies. US West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to $120.71 a barrel at 0353…

Equity markets tumbled again Tuesday to extend a global rout fueled by fears of recession, with the Federal Reserve preparing to ramp up interest rates as inflation shows no sign of slowing. Panic has swept through trading floors since data on Friday showed US consumer prices rising at their fastest…

Wells Fargo analyst Gabe Hajde raised the price target for Greif, Inc (NYSE:GEF) to $73 from $71 while maintaining the Overweight rating on the shares. The analyst increased the price target reflecting on what he believes to be the solid operational execution. Despite persistent supply chain challenges, Hajde is encouraged to see another quarter of…

The S&P 500 dropped 2.4% in the first chance for investors to trade after getting the weekend to reflect on the stunning news that inflation is getting worse, not better

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the 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.