The Latest Breaking News from Recession

The Federal Reserve is expected to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation

After the pandemic and now a cost of living crisis, it seems unthinkable that the economic situation could get worse. But experts are pretty certain that the UK economy will flatline in 2023, and some are even murmuring that a recession could happen this year.

Investor fears are mounting — inflation is at a 40-year-high, the U.S. is teetering on recession, and the S&P 500 officially entered a bear market as it has fallen more than 20% from its previous all-time high.

The U.S. equity market has experienced elevated volatility lately amid record-high inflation, increased possibility of the Fed’s drastic interest rate increases to bring price stability, and growing recession fears. As the U.S. economy is slowly sliding into a recession, fundamentally strong consumer discretionary stocks UnitedHealth (UNH), Assurant (AIZ), Pilgrim’s Pride…

A higher-than-expected May inflation report has concerned investors since this could force the Federal Reserve to hike interest rates aggressively. Since the possibility of the economy slipping into a recession is expected to keep the stock market under pressure, investors could consider stocks that tend to perform well amid an…

Inflation is at a 40-year high

Executives still plan to hire and invest, but their outlook deteriorated rapidly, data shows.

As the commodity market shifts to an environment of stagflation and U.S. economic recession risks rise, Bank of America adjusted its coverage of chemical stocks on Tuesday.

CEO Brian Armstrong said managing costs would be critical with the possibility of recession leading to a crypto winter.