The Latest Breaking News from Recession

Spending cuts and tax rises will deepen the recession so the pain will be deferred until 2025 and a likely Starmer government

Chancellor’s aim is to bring down inflation and make recession ‘as short and shallow as possible’

Another three months of falling growth would mean a recession, with the Bank of England warning it could be the longest downturn for a century

Sacked ex-Chancellor pops up before autumn Budget, plus bleak ONS data

Chancellor warns of ‘eye-watering’ decisions to come

Uncomfortably high inflation, the Fed’s aggressive interest rate hikes, and recession fears have kept the stock market under pressure this year. However, given the defensive nature of consumer staples, Invesco Dynamic Food & Beverage ETF (PBJ) has survived the market sell-off pretty well. Hence, it could be wise to buy…

While inflation seemed to cool off in October, it is way above the Fed’s 2% target. As the Fed continues to fight sky-high inflation with aggressive rate hikes, chances of a recession are rising. Hence, fundamentally weak stocks Plug Power (PLUG), Bed Bath & Beyond (BBBY), and Faraday Future Intelligent…

Musk addressed Twitter employees in a Q&A Thursday, describing his trauma from Tesla and PayPal, after laying off around 50% of workers at the social media company.

The World Bank has warned about a global recession next year. Moreover, although the October inflation report shows signs of cooling price pressures, inflation is still far from the Fed’s target level. Hence, we believe fundamentally solid dividend-paying stocks Johnson & Johnson (JNJ) and McDonald’s Corporation (MCD) could be ideal…