The Latest Breaking News from Recession

Investors wary as other central banks follow US Federal Reserve in raising borrowing costs

Experts have warned that Britain may be sliding into a recession as inflation continues to soar and the Bank of England is forced to raise interest rates for the fifth time

Stocks dived Thursday as a mild recession may now be the best-case scenario. The major indexes are nearing a key support level.

Stocks sank a day after the Federal Reserve delivered its biggest rate hike since 1994.

"We’re in a stronger position than any nation in the world to overcome this inflation,” Biden told the AP.

The stock markets pulled back yesterday after the Fed rate hike amid recessionary concerns. Considering the volatile market backdrop, investing in dividend-paying blue-chip stocks AT&T (T), LyondellBasell Industries N.V. (LYB), The Bank of Nova Scotia (BNS), International Business Machines Corp. (IBM), and Altria Group (MO) could be wise.

Financial analysts worry that the recent move into a ‘bear market’ foretells a coming recession

President Joe Biden says the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets

The Federal Reserve’s continued monetary policy tightening to tame the surging inflation has been making investors concerned about the economy slipping into a recession soon. As a result, tech stocks are witnessing massive sell-offs. However, growing demand, impressive breakthroughs, and rising corporate and government investments in the tech industry should…