The Latest Breaking News from Recession

While the October inflation report came in better than expected, it is far from the Fed’s target. Amid rising recession odds, consumer sentiment is declining. Therefore, fundamentally weak stocks NVIDIA (NVDA), Carnival Corporation (CCL), AMC Entertainment (AMC), Peloton Interactive (PTON), and Mullen Automotive (MULN), which have been slumping in price,…

Building society says it expects relatively few of its customers to default on repayments in cost of living crisis

UK Chancellor Jeremy Hunt has produced a highly political autumn statement that throws forward major cuts in public spending to after the next general election. The accompanying economic forecast by the government’s Office for Budget Responsibility (OBR) confirms that the country is facing a recession, with unemployment rising, inflation still…

Chancellor hits back at MPs attacking his £24 billion of tax rises

Russia has plunged into a recession after its economy shrank by 4% in the most recent financial quarter, with the effects of Western sanctions on trade now taking hold

Americans are fretting over an expected recession, but the economy is in many ways strong. Things are gloomier in the U.K.

OzMinerals' stock has topped the ASX 200 on Friday, after the company reveals a final offer from BHP that values it at $9.6 billion.

Austerity is pushed back until after the next election amid evidence of higher energy bills and a protracted recession

Ireland’s deputy premier Leo Varadkar said the Irish economy was decoupled from the UK’s a long time ago.

Although inflation has shown some signs of cooling, rate hikes are expected to continue. The consecutive rate hikes could tip the U.S. economy into a recession. As consumer staples face a stable demand, Coca-Cola (KO), Constellation Brands (STZ), and Lifeway Foods (LWAY) could be solid buys for the long run…

Despite a slight decline in inflation, the Fed is expected to keep interest rates high, which could tip the economy into a recession next year. Consumer staples businesses like beverages are considered defensive as they witness stable demand amid weak economic conditions. Hence, fundamentally sound beverage maker Ambev (ABEV), trading…