The Latest Breaking News from Recession

The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession

New York (AFP) - European and US equities sank Thursday on fears that rising interest rates will spark a global recession, while the pound clawed back ground one day after emergency bond-market intervention from the Bank of England.

Mirror Money editor Levi Winchester looks at how you can best protect your finances in a background of rising interest rates, soaring inflation and the UK likely heading into recession

The Fed’s aggressive monetary policy stance and growing recession odds are expected to keep the stock market under immense pressure in the near term. So, it could be wise to avoid popular but fundamentally weak stocks Lucid (LCID), Bed Bath & Beyond (BBBY), and fuboTV (FUBO), which are expected to…

I’ve rarely felt more trepidation about writing a column than this one. But here goes: After more than a century of almost continual growth, the world’s appetite for oil is peaking, and will soon enter terminal decline.

London (AFP) - European equities sank Thursday on fears that rising interest rates will spark a global recession, while the pound clawed back ground one day after emergency bond-market intervention from the Bank of England.

A common sound bite today is that the Federal Reserve’s recent interest rate hike is pushing the nation toward recession. But that’s like beginning a book on page 813. The origin of today’s economic malaise is prolonged and massive federal budget deficits, combined with a Fed willing to finance those…

Figures including the head of World Trade Organization and Paul Krugman are expressing concern about economic outlook.

The Fed’s aggressive rate hikes are slowing the economy and raising the odds of a recession. However, despite the economic uncertainties, staying invested could help garner significant returns in the long term. We believe fundamentally strong stocks Microsoft (MSFT) and Agilent Technologies (A) could be ideal long-term investments. Read more….

Multi-decade high inflation, combined with the prospect of strong central bank interest rate hikes this year, might trigger a recession. So, investors seeking to beat the consequent market downturn might consider investing in fundamentally-sound stocks Johnson & Johnson (JNJ), Walmart (WMT), and Coca-Cola (KO), given the inelastic demands for their…

London (AFP) - Global stock markets rallied on Wednesday in a volatile trading, with investors given an "energy boost" by an intervention by the Bank of England.