The Latest Breaking News from Recession

With the Fed’s indication of keeping higher interest rates this year in line with its commitment to bring down inflation to the 2% target, the odds of the economy tipping into a recession are escalating. Amid an uncertain macroeconomic backdrop, fundamentally strong dividend-paying stocks UnitedHealth (UNH) and PepsiCo (PEP) could…

An expected recession in the US will hit the richest Americans harder than those at the bottom, the Wall Street Journal said this week, coining the term “richcession” to describe the phenomenon. But analysts say there are reasons to believe any coming recession would unfold like the ones before, hurting…

While inflation seems to be cooling, a strong job market will likely keep the Fed on track with its aggressive interest rate hikes. With the odds of a recession increasing, the stock market seems unlikely to stabilize anytime soon. Given this backdrop, investing in fundamentally strong stocks UnitedHealth Group (UNH)…

The U.S. labor market stayed strong last month and wage gains cooled, boosting hopes the economy will dodge a recession and giving the Federal Reserve room to slow interest-rate hikes.

The US labor market stayed strong last month and wage gains cooled, reducing risks of a near-term recession and giving the Federal Reserve room to slow interest-rate hikes.

While the Fed has hiked the interest rate to the highest in 15 years, the still strong labor market might prompt the Fed to hike rates more in the coming months, raising the chances of a recession. Hence, fundamentally strong dividend-paying stocks KT Corporation (KT), Progress Software (PRGS), and The…

U.S. employers added 223,000 jobs in December, as the unemployment rate dipped to 3.5%. Despite some high-profile layoff announcements, the overall job market remains tight.

While inflation eased considerably for two consecutive months, the Fed signaled to keep raising interest rates through this year. The potential continuation of rate hikes has fueled recessionary concerns. Amid an uncertain macroeconomic backdrop, it could be wise to buy fundamentally strong stocks Merck (MRK), Biogen (BIIB), and MasterCraft Boat…

The jobs report the government will issue Friday is expected to show that December was another healthy month for hiring — a boon for those looking for work but a problem for the Federal Reserve if it persists