The Latest Breaking News from Recession

Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier

The U.S. Federal Reserve holds inordinate sway over the world’s economies – yet it acts, in some ways, like they don’t really matter.

The stubbornly high inflation strengthens the case for the Fed to maintain its aggressive interest rate hikes, fostering recession fears among investors. This is expected to keep the market under pressure in the near term. Therefore, investors looking to plan for their retirement may consider investing in fundamentally sound stocks…

The stubbornly high inflation is raising the odds of the Fed launching another significant rate hike this week. Additionally, amid the growing recession fears, several companies are planning layoffs. Given such economic uncertainties, we think investors should avoid buying fundamentally weak stocks, Shopify (SHOP), Snap (SNAP), Robinhood Markets (HOOD), and…

The raging inflation and the Fed’s aggressive interest rate hikes have weighed on investors’ sentiments lately. And with growing recession fears, we think investors should avoid Lucid Group (LCID), SoFi Technologies (SOFI), and Bed Bath & Beyond (BBBY), given their bleak fundamentals. Read on….

Considering the persistently high inflation, the Fed will likely announce another aggressive interest rate hike this week. Amid growing recession concerns, investing in quality dividend-paying stocks Walmart (WMT), Pfizer (PFE), and Cigna Corporation (CI) could help generate a steady income stream. Read more….

Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.”

Shares of financial services company SoFi Technologies (SOFI) have plummeted more than 60% in price year-to-date, aggravated by the recent FedEx warning spurring recession fears and causing a broad sell-off in fintech stocks. However, given Biden’s announcement on lifting the student loan repayment moratorium, is it wise to buy the…

Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth will slow, though supply worries ahead of the European Union embargo on Russian oil in December limited declines. Brent crude futures for November settlement fell 46 cents, or 0.5%, to $90.89 a barrel…