The Latest Breaking News from Recession

Rejoiced by the optimism flowing in the market, the stock market has rallied recently. However, market experts expect the sizzling rally to end, as recession risks have only been postponed. Given this backdrop, investors should stay away from fundamentally weak stocks Uber Technologies (UBER), Snap Inc. (SNAP), and Peloton Interactive…

Index tops previous high set in 2018

Barely more than a year ago, interest rates were just 0.1 per cent. Following yesterday’s 50 basis points rise — the 10th hike in succession — they stand at four per cent. Still low by historical standards, but little comfort for homeowners preparing for skyrocketing repayments.

It's down to sweaters, small businesses, and Russian oil.

Generous incentives have supported business investment in recent years but further interest rate rises could "unnecessarily" tip Australia into recession.

While the better-than-expected GDP growth in the last quarter and declining inflationary pressures are raising optimism, macro uncertainties remain. With interest rate hikes expected to continue, recession possibilities cannot be ruled out. Therefore, fundamentally sound dividend-paying stocks, AbbVie (ABBV), Gilead Sciences (GILD), and Sisecam Resources (SIRE), could be worth investing…

In a move in line with City forecasts, the Bank of England has raised interest rates by 50 basis points to 4 per cent, the highest level since October 2008.

We can avoid a recession if companies invest wisely in their future; our mood will be the crucial determinant.

The Bank of England warned that an economic slump is looming but it will be shorter and shallower than predicted thanks to falling energy prices and inflation starting to ease