The Latest Breaking News from Recession

Recession worries mean it's time to get tough with your finances so you can ride the coming economic waves.

The Kuwait Investment Authority (KIA) is waiting for a further expected decline in global markets before deploying investments and believes that will be by the end of the year, Managing Director Ghanem al-Ghenaiman said on Tuesday. Speaking at the Qatar Economic Forum organized by Bloomberg in Doha, Ghenaiman said he…

Rosenblatt analyst Barton Crockett maintained Twitter, Inc (NYSE:TWTR) with a Neutral and cut the price target from $54.2 to $33, below Tesla, Inc (NASDAQ:TSLA) chief's takeover bid. Crockett believed that the absence of the deal would lead to even lower share prices for Twitter. Social media comparables were already hit by a possible weakening ad market likely…

Recession fears are spreading like wildfire amid the skyrocketing inflation and the Fed’s aggressive rate hikes. On the other hand, the telecom industry’s prospects look impressive, thanks to overwhelming demand and solid technological advancements. Thus, we think it could be wise to invest in high-yielding telecom stocks Verizon (VZ) and…

Goldman Sachs sees GDP growth of just 0.9% for all of 2022, down from their previous forecast of 1.3%.

Airline stocks have been plunging despite the robust travel demand as inflation and recession fears weighed on the sector. Therefore, we think it could be wise to avoid fundamentally weak airlines stocks Virgin Galactic (SPCE), Frontier Group (ULCC), Air Canada (ACDVF), and Spirit Airlines (SAVE) now. Keep reading.

It came as a surprise to economists, but GDP fell 0.2 percent in the March quarter - is New Zealand in for another recession?

Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession

The Tory former Chancellor, 81, said the 'absurd' £400 payment to all electricity bill-payers had helped him twice in a cost of living crisis that was 'one of the worst I can remember in my lifetime'