The Latest Breaking News from Recession

The labour market is going to be key to how the UK economy performs in the coming months

In the face of surging inflation and fears surrounding an economic slowdown, Wells Fargo has named Verizon Communications (VZ) and The Coca–Cola Company (KO) among the stocks it added to a portfolio to combat the current market slump. Let’s take a close look at these names.

Hong Kong (AFP) - Markets were mixed Monday having pared earlier losses but sentiment continues to be clouded by fears that central bank moves to rein in soaring inflation will induce a recession.

Electric vehicle maker Rivian Automotive’s (RIVN) efforts to diversify its consumer and commercial vehicles portfolio have helped it witness substantial demand. But unfortunately, the company faces various challenges, including supply chain hold-ups and rising input costs. Moreover, given that the stock’s negative profit margin could be a deterrent amid recession…

Stock market sentiment continues to be driven by recession fears after investors endured one of their worst weeks since the start of the pandemic.

UK travel chaos deepens

The Australian share market has dropped by more than 15 per cent from its record high, sliding closer towards a bear market. Some investors may be tempted to "buy the dip", but analysts say there is "further downside" ahead.

Asian markets are mixed in cautious trading ahead of a federal holiday in the U.S. Worries over inflation and risks of a global recession from central bank efforts to bring it under control appeared to outweigh Wall Street's positive close on Friday

Hong Kong (AFP) - Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in soaring inflation will induce a recession.