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The Latest Breaking News from Recession

Not Just Another Recession

Why the global economy may never be the same.

Foreign Affairs

UK forecast for 'worst recession among top economies' due to Brexit and Tory policies

The latest forecast from the OECD revealed a sharp downgrade for the UK economy, which is expected to shrink by 0.4 in 2023 and grow by just 0.2…

The National (Scotland)

UK ‘to face worst downturn of major economies’ in 2023, says OECD

Britain facing recession which much of world will avoid, says report

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Media layoffs spike amid recession fears

Digital media companies are especially vulnerable.

Axios

IsDB Tackles Growth Challenges of Members with Seven-Item Plan

International financial institutions stand out in times of crises, such as recession and inflation the global economy is now facing. These problems emerged from disruptions in global supply chains as production declined after the coronavirus pandemic. Disruption in global supply chains and lowered production rates have caused international borrowing rates…

Asharq Al-Awsat

Business booms in the face of recession jitters

Executives may be talking about recession risks more, but what they're actually doing looks different.

Axios

The 2 Best Stocks to Buy for Early Retirement

Despite macro headwinds, U.S. retail sales increased month-over-month in October. With the economy showing resilience, the odds of the economy avoiding a deep recession are gradually rising. Although there’s a surge in optimism, caution remains. Therefore, investors looking for early retirement might buy quality dividend-paying stocks Microsoft (MSFT) and Cigna…

StockNews.com

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Retailers may see more red after Black Friday as consumers say they plan to pull back on spending – acting as if the US were already in a recession

Retailers are gearing up for another blockbuster holiday shopping season, but consumers burned by the highest inflation in a generation may have other ideas.

The Conversation

1 ETF You Shouldn’t Hesitate to Pick up Right Now

Market experts are increasingly predicting a recession. Moreover, factors like the inverted yield curve also point toward a downturn. Against this backdrop, the ProShares Short QQQ (PSQ) could provide some downside protection. Read on….

StockNews.com

3 Stocks That Always Thrive While Others Fall

Although October CPI data came in lower than expected, inflation is still hovering at an uncomfortably high level. As the Fed is expected to maintain its hawkish stance to control such high inflation, the economy could witness a recession next year. Hence, it could be wise to invest in defensive…

StockNews.com

As inflation boils, younger Americans face extra holiday spending pressures

The hottest inflation in 40 years, decades-high financing costs and rising recession risks are dashing Americans’ hopes for the first normal holiday season in two years — and a recent Bankrate poll suggests younger Americans could experience the most stress.

Tribune News Service

Two-thirds of UK’s biggest advertisers to cut television spend

Traditional TV shunned in favour of digital media and last-minute promotional campaigns

The Guardian - UK

Alan Kohler: The right to strike, and recessions we have to have

Ostensibly Labor's workplace laws are about "getting wages moving", but what it really comes down to is the right for workers to strike.

The New Daily

Millions more to need benefits as recession woes bear down

The Office for Budget Responsibility forecasts a 13.4 per cent rise in people placed on health and disability benefits

The Independent UK

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The Guardian - UK

Luxury goods boom in Britain as super-rich youngsters buck the recession

Rich kids of Insta use strong dollar to fuel sales of brands such as Burberry, Louis Vuitton and Gucci

Daily Mirror

'The gloom of recession means we need a World Cup win more than ever'

A win for the England team at the World Cup in Doha would bring some cheer to the nation following an Autumn Statement of soaring prices, high taxes and stagnating wages

Fortune

A strategy session in the skies: How Delta CEO Ed Bastian took the airline out of a tailspin into ‘the strongest buying in our history’

"Airlines have already been through the worst recession an industry can go through," says Bastain. During the pandemic he made several strategic shifts that have allowed Delta to roar out of the gates.

The National (Scotland)

Chancellor Hunt is taking voters for fools with delayed cuts

THE UK economy is in recession. Taxes are at their highest in 70 years. According to the Office for Budget Responsibility, living standards are…

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news in one place.

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StockNews.com

9 Trades to Tame the Bear Market

More economists are pointing out the recessionary storm clouds that do not portend well for stock prices. Gladly the stock market (SPY) offers the opportunity to make profits no matter of direction…if you apply the right strategies. This article will give more details on the market outlook along with a…

StockNews.com

3 Penny Stocks to Buy for Under $3 in November

The October inflation report has raised optimism. However, inflation is far from the Fed’s target, and rate hikes could continue. Amid widespread recession fears, quality penny stocks trading under $3, Overseas Shipholding (OSG), Good Times Restaurants (GTIM), and Educational Development (EDUC) could be solid buys instead of high-priced stocks. Read…

StockNews.com

2 Software Stocks Wall Street Likes Right Now

Despite the recessionary concerns, software spending is expected to remain robust. Moreover, investor sentiment toward software stocks has improved over the past month. Therefore, we think Wall Street favorites Microsoft (MSFT) and Oracle (ORCL) are ideal buys now. Keep reading….

StockNews.com

3 Stocks That Would Survive a Recession and 1 That Won't

Despite the most recent inflation data showing signs of cooling down, the Fed will most likely continue raising rates as it aims to achieve much lower inflation. As many analysts expect the rising interest rates to cause a recession, it could be wise to invest in Walmart (WMT), PepsiCo (PEP),…

StockNews.com

Is It Time to Give up on Carnival Cruise Line Stock?

Cruise company Carnival Corporation (CCL) expects its 2023 cumulative advance bookings to be higher than in 2019. However, travel demand is expected to slow down amid the recession fears. So, should you give up on the stock now? Read on to learn our view….

The Independent UK

Jeremy Hunt statement sets scene for ‘grim’ fall in living standards

Recession to last until 2024 as taxes climb to highest level since Second World War

StockNews.com

5 Fallen Stocks to Continue to Avoid This November

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,…

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