The Latest Breaking News from Recession

Amid soaring concerns over an impending Fed-induced recession, the stock market could remain volatile in the near future. Against this backdrop, investors could add stable stocks Johnson & Johnson (JNJ) and Novartis (NVS) to their portfolios in 2023 to garner good returns. Read on….

ONE of the country’s biggest banks is steeled for a “mild recession” in the coming months as house prices are predicted to fall amid continued…

Lingering high inflation, consecutive federal rate hikes, and looming recessionary fears might keep the cruise line companies under pressure. Also, given the declining demand, fundamentally weak cruise liner stocks Royal Caribbean Cruises (RCL), Carnival Corporation (CCL), and Norwegian Cruise Line (NCLH) might be best avoided in 2023. Keep reading.

Pound edges up as stronger economic growth increases chances of further interest rate rises

The combination of resilient job growth, sticky inflation, and high retail sales could keep the Fed’s strict rate hikes in place for quite some time. With recession odds soaring alongside, quality stocks Walmart (WMT) and Flowers Foods (FLO) might be ideal buys now. Read on….

The economy defied fears of a recession and previous predictions that it would contract by more than 12 percent.

February private-sector output was up for the first time since July 2022, according to S&P Global

Economists are warning Australia is at a heightened risk of recession in 2023 as the Reserve Bank keeps aggressively raising interest rates, with a per capita recession looking likely.

After inflation set in and as the threat of recession looms large, chief financial officers are feeling the pressure.