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The Latest Breaking News from Recession

Here's how to get promoted in a recession

Curb the competitive streak and be open to unexpected options is among the advice from the experts.

Fortune

3 Extremely Safe Stocks to Pick up in 2023

Recession possibilities persist as the Fed continues to fight the stubbornly high inflation. Given the uncertainties, investors could consider adding extremely safe stocks Johnson & Johnson (JNJ), The Descartes Systems (DSGX), and Weis Markets (WMK) to their portfolios this year. Keep reading.

StockNews.com

Why the U.S. recession hasn't happened yet

The downturn everyone's predicting is getting delayed again and again.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank of America CEO predicts ‘slight’ US recession this year

Bank of America CEO Brian Moynihan says he expects mild downturn in third quarter of 2023.

Al Jazeera

Decarbonisation in a downturn

Companies today face geopolitical upheavals, supply chain disruption, inflation and the threat of recession. Despite this perfect storm, their commitment to decarbonisation hasn't fundamentally wavered. The number of companies embracing science-based targets is continuing to grow at a rapid pace.

Bangkok Post

Indorama Ventures sees its revenue rising by up to 10%

Thailand-based chemical producer Indorama Ventures Plc (IVL) expects its revenue to rise by 5-10% in fiscal 2023, driven by growing demand, despite the prospects of a global recession.

Bangkok Post

The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments

Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet.

ABC News

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Inflation pressures put Powell in spotlight before Congress

When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing

The Independent UK

3 Best Stocks for Beginners to Buy Now with Little Money

Soaring anxieties over an impending recession on the backs of interest rate hikes by the Fed are not likely to ease anytime soon. Amid such volatilities, beginners with little money might add quality stocks Verizon Communications (VZ), Celestica (CLS), and Berry Corp. (BRY) to their portfolio now. Read on….

StockNews.com

Nouriel Roubini warns of stagflation crisis as interest rate surge sinks economy, not inflation

The man dubbed "Dr Doom", US-based economist Nouriel Roubini, is warning that the world faces a "perfect storm" of high inflation, rising interest rates and recession that will be "the worst of all worlds for workers".

ABC News

2 Solid Stocks for Retirees to Buy in 2023

Many market analysts predict a recession in 2023 as the Fed continues raising interest rates to control inflation. Amid the uncertainties, retirees looking for steady income generation could consider investing in quality dividend-paying stocks Cardinal Health (CAH) and Sisecam (SIRE) in 2023. Keep reading.

StockNews.com

2 Under-The-Radar Momentum Stocks You Can Buy Now and Hold Forever

Despite continuing rate hikes, optimism regarding the U.S. economy avoiding a recession is rising. Therefore, investors could buy under-the-radar momentum stocks Celestica (CLS) and Unit Corporation (UNTC). These stocks are worth adding to your long-term portfolios. Keep reading.

StockNews.com

2 Pharma Stocks to Buy Right Now and 1 You Might Want to Consider Selling

The pharmaceutical industry is evolving with personalized medicines and the rapid adoption of RPM technology, which should boost growth. Moreover, with a recession lurking, fundamentally strong pharma stocks AstraZeneca (AZN) and Bristol-Myers Squibb (BMY) might be ideal buys. However, SNDL (SNDL) might be best avoided. Keep reading to know why.

StockNews.com

Scotland’s economy avoids recession with growth of 0.1% in final quarter

GDP in Scotland is still 0.3% below pre-pandemic levels recorded in the final three months of 2019

Insider UK

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Bangkok Post

Panel downgrades export outlook

The 2023 export outlook is growing dimmer, with the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) cutting its export forecast to -1% based on the prospect of a global recession.

StockNews.com

Vishay Intertechnology Stock: Buy, Sell or Hold in March?

Rising interest rates and recession fears have been weighing on the stock market. Semiconductor stock Vishay Intertechnology (VSH) has declined in price over the past month. And considering the macro uncertainties, should you buy, sell or hold VSH in March 2023? Continue reading to find out.

Fortune

Bank of America analyst warns the Fed will hike rates to 'point of pain' to get inflation down

An unexpected spike in inflation in January prompted questions to Treasury Secretary Janet Yellen over whether a recession is inevitable.

StockNews.com

3 Dow Stocks to Go All In on This Year

As inflation climbed higher than economists’ anticipation, equities signal extreme volatility and dashing hopes of a Fed pivot. With the likelihood of a downturn in upcoming months, adding more of fundamentally sound Dow stocks Walmart (WMT), Cisco Systems (CSCO), and McDonald's (MCD) could help garner significant returns. Keep reading….

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news in one place.

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Evening Standard

The mini-Budget is still inflicting maximum pain

The economy is picking up more quickly than feared and may even give recession the swerve. But that is despite, not because, of the mini-Budget mayhem.

StockNews.com

2 Smart Stocks to Pick up This Month

Amid a seesawing economy and a highly volatile market backdrop, fundamentally sound stocks General Motors (GM) and Limbach Holdings (LMB) could be smart picks to consider when recessionary alarms ring. Read more….

The New Daily

Economists back tourists and international students to keep Australia out of recession

Sharp interest rate hikes are putting families under pressure, slowing economic growth, but a tourism rebound is providing recession optimism.

StockNews.com

3 Stocks to Buy Now if You Think a Bull Market Is on Its Way

The early-year market rally witnessed a reversal, with inpouring macro data, the Fed’s hawkish comments, and recessionary fears. However, on the flip side, a bull market can still materialize with economic growth remaining strong. Therefore, we think quality stocks UnitedHealth Group (UNH), Johnson & Johnson (JNJ), and Salesforce (CRM) might…

Investors Business Daily

Are We Heading To Recession? This Key Indicator Says No

Amid persistently high inflation, more than 50% of adults believe the U.S. economy is in a recession. But this key indicator says no.

ABC News

'Recession risks are rising' but the latest GDP numbers are expected to show 'solid' growth

The latest economic growth figures are expected to show a robust economy. But the outlook for 2023 is far less rosy, warn many analysts.

The Independent UK

US economy sending mixed signals: Here's what it all means

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

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