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The Latest Breaking News from Recession

The Mancunian Way: Lamb and mint balls anyone?

Dodging a recession PLUS Awaab's Law has stopped family from feeling ‘alone’ AND ‘Skyrocketing’ costs force closure

Manchester Evening News

These Are the 2 Stocks to Buy Ahead of a Potential Recession

Despite the cooling down of inflation, the January job surge might prompt the Fed to raise interest rates higher than expected by the end of the year. And progressive rate hikes could push the economy into a recession. Amid growing recession fears, investors could consider buying fundamentally strong stocks Walmart…

StockNews.com

UK avoids recession, but growth is nowhere to be found

As any A-level economics teacher will tell you, the key to explaining the concept of falling inflation is that while prices are still rising, they are doing so at a slower rate.

Evening Standard

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3 Big Box Retailer Stocks That Are Screaming Buys in 2023

High inflation dampened consumer demand, as retail sales declined sequentially in December. However, with inflation starting to ease and the odds of a recession declining, consumer spending could rise this year. Therefore, investors could look to buy fundamentally strong big box retailers Albertsons Companies (ACI), Casey's General Stores (CASY), and…

StockNews.com

UK ‘not out of the woods yet’ after economy dodges recession by a whisker; Russia cuts oil output – as it happened

Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps

The Guardian - UK

3 Stable Stocks That Could Help Pay Your Bills in 2023

Despite eased inflation, the robust jobs report raised the prospect of progressive rate hikes. With anxiety escalating about the possibility of a Fed-induced recession, the market volatility is expected to remain elevated in the near future. Hence, investors could consider fundamentally sound and stable stocks Novartis (NVS), Descartes Systems (DSGX),…

StockNews.com

UK can expect year of stagnation after narrowest of escapes from recession

Marginal expansions and contractions in 2023 will do little to solve a lack of investment and export shortfall

The Guardian - UK

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Hunt plays down hopes of more help with energy bills in April

Lib Dems condemn comments as ‘heartless’

The Independent UK

2 Dividend Stocks to Buy in 2023 for a Stable Income Stream

Although the Fed is expected to go slow with rate hikes, they are not expected to end anytime soon. Moreover, the possibility of a recession cannot be ruled out yet. Given the uncertainties, fundamentally sound dividend stocks Pfizer (PFE) and Sisecam (SIRE) could be a solid addition to your portfolio…

StockNews.com

UK narrowly avoids recession after figures show growth flatlining

Economy contracted in December by 0.5% after expansion of 0.1% and 0.55% in previous two months

The Guardian - UK

UK avoids recession by narrowest margin but 'not out of woods yet'

THE UK avoided a recession by the thinnest of margins after the economy flatlined in the last three months of 2022, new data shows.

The National (Scotland)

UK narrowly avoids recession as the economy flatlines at the end of 2022

When counting to two decimal places, the UK managed 0.01% growth in the fourth quarter

Insider UK

UK narrowly avoids recession as economy flatlines at end of 2022

New figures for the last quarter of 2022 show a tiny level of growth, avoiding a second quarter of decline that defines a recession

Birmingham Post

UK ‘not out of the wood’ after narrowly avoiding recession

Bank of England still expects UK to enter ‘shallow’ recession

The Independent UK

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Evening Standard

GDP: No recession yet, but Britain’s not out of the woods

Break in Premier League games helps fuel economy slowdown

Evening Standard

FTSE 100 Live: Recession avoided in 2022, Standard Chartered bid latest

The UK looks to have avoided recession in 2022 after estimates today showed GDP unchanged in the final quarter of the year.

Daily Mirror

UK narrowly avoids recession for second time in a year but set for one in 2023

The figures come amid predictions that about one in four will be "unable to meet in full their planned energy and food bills from their post-tax income" in the 2023-24 financial year

Fortune

Larry Summers compares the Fed's inflation fight to taking a medicine to fight an 'infection'—and says the 'risks are very large' that the economy tips into a recession

Former Treasury Secretary sees a soft landing as a possibility, but the risk of a recession still remains very high.

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news in one place.

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The Street

Morningstar Recommends Steering Clear of These Stocks Now

They have bounced back so far this year, but are vulnerable to a potential recession, it says.

Los Angeles Times

Wait, layoffs and job growth? What's going on with the economy and is recession still coming?

WASHINGTON — Only a few months ago many economists warned that a recession was not just inevitable, it was around the corner. Inflation would take years to curb. Surging unemployment was on its way.

The Street

Stock Market Today: Stocks End Lower As Bonds Flash Recession Risk: Disney Leaps On Iger Shake-Up

Stocks ended lower Thursday amid peak inflation and solid GDP growth, but bonds continue to flash recession warnings for the world's biggest economy.

Tribune News Service

As property prices retreat, top economist isn’t expecting recession

The U.S. economy is likely to avoid a recession, even with a downturn in housing and commercial real estate, economist Mark Zandi predicts.

Al Jazeera

Inflation and recession: Can the world defeat both in 2023?

No, it must accept one, per conventional wisdom. But Europe’s showing another way, though it won’t be painless either.

Tribune News Service

Another economic indicator defying predictions? Bankruptcies fell again last year

The economic lessons of the pandemic's flash recession, jobs comeback and inflation overshoot are still being studied.

StockNews.com

3 Stocks With Surprising Growth Potential in 2023

With inflation showing signs of cooling and the probability of a recession declining, there have been slivers of optimism regarding the economic climate. Therefore, investors could benefit from buying fundamentally strong stocks General Motors (GM), Cars.com (CARS), and Apogee Enterprises (APOG), with solid growth potential. Keep reading….

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People

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International Monetary Fund

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