The Latest Breaking News from Recession

Although inflation shows continued signs of easing, it remains above the Fed’s comfort level. The Fed has indicated further rate hikes this year to bring inflation down, leading to recession concerns. In this scenario, it could be wise for investors to buy fundamentally strong blue-chip stocks Coca-Cola (KO), McDonald's (MCD),…

Chancellor raises hopes UK will avoid recession as inflation set to plunge

The Tory Chancellor's 2023 Budget comes six months after the economic chaos inflicted on the country by 49-day PM Liz Truss's disastrous mini-Budget

Chancellor pledges cash for businesses and parents, and says UK will avoid recession this year

The news came as Chancellor Jeremy Hunt began his spring Budget

Inflation will also flat line this year, the OBR forecasted

The Fed now faces a quandary: It must fight inflation while making sure that the remedy of rising rates doesn’t further undermine financial stability.

Following remarkable growth in recent years, the cannabis industry faced various legal and economic challenges, including overproduction amid high inflation, high taxes, and increased material costs impacting overall sales in 2022. The industry will likely remain under pressure amid concerns over rising inflation and a potential recession. Hence, it could…

Despite the Fed’s persistent rate hikes, the recently released job data came in strong. This has dashed investors’ hopes and optimism. Amid fears of recession looming, quality stocks UnitedHealth Group (UNH) and Walmart (WMT) might be solid buys now. Read on….

With the stock market expected to remain volatile due to persistent concerns about high inflation, interest rate hikes, and a recession, fundamentally strong dividend stocks Gilead Sciences (GILD) and Altria (MO) might be ideal choices to ensure a consistent income stream. Keep reading.

Regional banks “pose very significant challenges” for regulators, an FDIC board member wrote in 2019, long before Silicon Valley Bank’s failure.