The Latest Breaking News from Recession

Shopify (SHOP) dropped 16.7% in June as it struggled with falling consumer spending amid the surging inflation. With rising recession fears and an expected decline in consumer spending, is the stock due for further price decline, or can it survive the challenges and rebound? Read on to learn our view….

U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.

City Voices: Britain will do better than the EU and the US this year

Stock futures edge lower with jobs data in focus; Wage growth key as hiring slows amid recession fears; Twitter shares tumble on report that musk takeover in 'serious jeopardy'; GameStop slumps after retailer fires CFO, reportedly plans more job cuts and former japan Prime Minister Shinzo Abe dies after being…

Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up the tight global supply concerns against recession fears. Brent crude futures rose 48 cents, or 0.5%, to $105.13 a barrel by 0630 GMT, after a near 4% rise on Thursday, Reuters…

Asian markets rose Friday on easing recession fears, while there were growing hopes that Joe Biden will remove some Trump-era tariffs from Chinese goods. Buying was also boosted by reports that Beijing was considering a huge stimulus shot to the struggling economy by allowing local governments to raise billions of…

Asian stock markets have followed Wall Street higher after two Federal Reserve officials said the U.S. economy might avoid a recession and news reports said China might boost construction spending to stimulate its struggling economy

U.S. employers likely downshifted their pace of hiring in June, but to a level that remains solid despite heightened fears that the economy faces the growing risk of a recession

The global oil price slump does not necessarily mean you will pay less to fill your tank.

Tisco Bank's wealth advisory unit suggests moving away from energy stocks to biotechnology and healthcare as several US economic indicators have signalled a higher risk of recession.

Inelastic demand, growing investments, and impressive breakthroughs should help the healthcare sector survive the potential recession. This is why we believe quality healthcare stocks Assertio (ASRT), Bayer (BAYRY), Bristol-Myers Squibb (BMY), Catalyst Pharmaceuticals (CPRX), and Ipsen (IPSEY), which are currently trading at discounts to their peers, could be solid investments…