The Latest Breaking News from Recession

July ICE NY cocoa (CCN23 ) on Friday closed up +29 (+1.00%), and July ICE London cocoa #7 (CAK23 ) closed up +16 (+0.73%). Cocoa prices Friday posted moderate gains. Friday's stronger-than-expected U.S. Apr payrolls report eased concerns about a recession and sparked a broad-based rally in commodities. However, gains...

When we see these kinds of headlines, we begin to focus on core household spending that keeps us afloat in our homes.

Looming concerns of a recession and the banking crisis might keep the stock market under pressure for longer. Amid heightened volatility in the stock market, Coca-Cola (KO), Starbucks (SBUX), and Chipotle Mexican Grill (CMG), which have solid brand recognition, might be ideal buys. Keep reading.

Despite the rising interest rates, the consumer financial services industry could remain under pressure due to the tighter lending standards and the chances of a recession later this year. Therefore, it could be wise to avoid fundamentally weak consumer financial services stocks Sunlight Financial (SUNL), Guardforce AI (GFAI), and Sentage…

Despite several forecasts of a possible recession throughout the global economy, Dexon Technology chief executive Mallika Kaekla believes her company's strategy to expand overseas would help drive income this year.

The White House says a default would cause a self-perpetuating crisis because the government couldn’t borrow money to help Americans deal with the resulting recession

Moody’s chief economist told a US Senate panel that the Republican plan will ‘meaningfully increase’ recession chances.

Although the Fed has hinted at a pause in interest rate hikes, tighter credit standards and elevated interest rates continue to fuel recession concerns. However, fundamentally strong stocks American Axle & Manufacturing Holdings (AXL) and CompX International (CIX) could be worth buying and holding. Keep reading.

White House economists are warning of “severe damage” to the U.S. economy in the event of a debt default

The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, raising prospects of a recession amid heightened concerns about…

The Fed’s rate increases have more than doubled mortgage rates, elevated the costs of auto loans, credit card borrowing and business loans and heightened the risk of a recession