The Latest Breaking News from Recession

The biotech industry is expected to thrive amid the increasing medical requirements and greater investments in research and development. Moreover, investor sentiment toward biotech stocks has dramatically improved in recent months as the recession possibilities are rising. As this sector is known to provide a hedge against market downturns, investors…

The stock market has been under pressure this year thanks to the Fed’s consistent interest rate hikes and fears of a recession. However, given the market’s downtrend, we think this could be the right time to load up on fundamentally strong stocks Yext (YEXT), Overseas Shipholding (OSG), and ARC Document…

Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession

As the Fed’s intention to keep raising interest rates next year is raising recession fears, it could be wise to invest in industries that stay resilient to economic downturns because of inelastic demand for products and services. Therefore, consumer staples stocks Colgate-Palmolive (CL), Ennis (EBF), and Mannatech (MTEX) could be…

Recessionary fears continue to weigh on investors’ sentiment as inflation is still soaring high, and the Fed is likely to continue with its aggressive interest rate hikes. With prospects of a mild recession next year, it could be wise to invest in fundamentally strong stocks Comcast Corp. (CMCSA) and Albertsons…

It will be entrepreneurs and innovators who will step up to the mark in a recession

The stock market has been under pressure this year amid consecutive rate hikes and recession fears. Moreover, as the market could remain volatile in the short term, investors should focus on their long-term strategies and invest in fundamentally strong stocks, Johnson & Johnson (JNJ) and Molina Healthcare (MOH), which look…

Oil rose on Friday and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China. Crude surged in March with global benchmark Brent reaching $139.13 a barrel, the…

The cost of living crisis wrought havoc in 2022, but 2023 is not expected to be much better

A Relate study after the 2008 downturn found couples worst affected by the recession were eight times more likely to suffer relationship breakdown.

Paying off expensive debt, reducing spending, and staying diversified can help weather economic storms.