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The Latest Breaking News from Recession

Conor Sen: The January inflation bump Americans should welcome

Inflation was the bogeyman of 2022. Here at the dawn of 2023, the big question for the U.S. economy is whether or not — and when — we'll dip into a recession this year. In that respect, the bogeyman could become more of a friend.

Tribune News Service

Exeter and Bristol post-recession job boom forecast by top economists

The two South West cities have been predicted to be among the best in the UK for employment growth when the UK emerges from the current economic crisis

Birmingham Post

2 Industry Leading Stocks to Buy and Hold Forever

Recession fears are rampant in the face of widespread macroeconomic headwinds and will likely keep the stock market under pressure in the upcoming months. Therefore, it could be ideal to buy and hold industry-leading stocks, Microsoft Corporation (MSFT) and Johnson & Johnson (JNJ), that are well-positioned to help navigate a…

StockNews.com

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Is SOFI a Penny Stock You Should Want to Buy?

Financial services company SoFi Technologies (SOFI) recorded impressive growth across its business segments. However, the company’s losses widened, and analysts seem bearish about its earnings growth prospects due to its bleak fundamentals and the potential recessionary pressures. Thus, is it wise to buy this under $5 fintech stock? Read more…

StockNews.com

Getting Ready to Retire? 3 Stocks That Are Safe as They Come

Many market pundits expect a recession in 2023 as policymakers continue raising interest rates to cool the economy and quell inflation. Retirees looking for stable passive income might consider adding fundamentally sound dividend-paying stocks, Walmart (WMT), Kellogg Company (K), and Cardinal Health (CAH), to their portfolios now. Keep reading….

StockNews.com

Swansea will fare marginally better than Cardiff as UK emerges from recession claims report

New research from Irwin Mitchell predicts Swansea will return to growth slightly faster than Cardiff in Q4 of 2023

Birmingham Post

Workers who sat out the Great Resignation got the biggest raises in 25 years

Even a recession can’t keep job hoppers from flexing their upper hand.

Fortune

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Prepare for a 'slowcession' in 2023, says one of the first economists to predict the 2008 financial crash

The year ahead will no doubt be tough for the U.S. economy, but the chief economist at Moody’s Analytics wants us to be a little more optimistic.

Fortune

Edinburgh and Glasgow lead the pack as UK set to exit recession in mid-2023

However, Aberdeen’s economy is predicted to shrink in the next 12 months

Insider UK

Top pollsters' warning to Yessers for the coming year ahead of UK recession

POLLING experts have given us their predictions for what to expect in the year ahead after the chaos and upheavals of 2022.

The National (Scotland)

“Murphy’s Law” Stock Market in 2023?

Sometimes the stock market and S&P 500 (SPY) do what you expect...and sometimes it does the exact opposite. Now with so many investors so bearish...then maybe quite plausible that things surprise to the upside with new bull market emerging. Steve Reitmeister, CEO of StockNews.com, provides his insights on this timely…

StockNews.com

2 Upgraded Stocks to Add to Your Watchlist This January

IMF chief has warned that this year will be more challenging than the last year. Furthermore, growing recessionary fears and the COVID “bushfire” could negatively impact the economy. Amid an uncertain economic backdrop, it could be wise to add fundamentally strong stocks Altria Group (MO) and Schlumberger (SLB) to your…

StockNews.com

3 Stocks That Thrive During Economic Uncertainty

With the Fed signaling to keep raising rates through this year, the threat of a recession is looming. Given an uncertain market backdrop, investors should buy fundamentally sound stocks, PepsiCo (PEP), Humana (HUM), and Sysco Corp. (SYY), that can generate steady returns. Read on….

StockNews.com

2 Stocks That Don’t Mix Well With a Potential Recession

As recessionary fears loom largely over the economy, fundamentally weak stocks DraftKings (DKNG) and Beyond Meat (BYND) don’t seem to mix well and might be best avoided. Read more….

StockNews.com

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Daily Mirror

Britain faces the worst recession among G7 partners, economists predict

A bleak survey of over 100 leading UK-based economists suggests high inflation could linger for longer than other countries as Brits face a huge squeeze in household incomes

Fortune

A global recession is coming, and this is where economists predict will fare the worst

IMF director Kristalina Georgieva said simultaneous contractions in three major economies—the U.S., the EU, and China—will be the driving forces behind a global recession in 2023.

Fortune

KPMG's playbook for CEOs navigating uncertainty in 2023

79% of CEOs are planning for an economic recession, according to KPMG’s recent survey of 400 U.S. CEOs from large companies.

The Conversation

Austerity has its own life – here's how it lives on in future generations

Austerity in the UK is here to stay. The Bank of England has warned that the country is facing the longest recession since records began, predicting that the economic slump will extend well into 2024. At the same time, the most recent budget has been called austerity 2.0 by companies,…

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Axios

America's health care focus shifting in 2023

America appears to be re-setting its priorities when it comes to health care as inflation and talk of a recession loom larger on voters' minds.

The Independent UK

UK suffering from ministers’ ‘outright incompetence’, economists warn

The UK is set for a deeper recession than other G7 nations, economists warned

The Independent UK

Asian markets mixed ahead of Fed report, US jobs data

Asian stock markets are mixed ahead of updates on U.S. employment amid fears of a possible global recession

The Independent UK

Asian markets mixed ahead of Fed report, US jobs data

Asian stock markets were mixed Tuesday ahead of updates on U.S. employment amid fears of a possible global recession

Bangkok Post

A challenging year ahead

Global economic growth in 2023 is expected to remain sluggish, following a year roiled by the war in Ukraine and soaring inflation.

Nottingham Post

Housing demand in Nottingham 'very strong' despite 'crazy' year and cost of living, estate agents say

Amidst rising mortgage rates and warnings of a recession it has been feared that house prices could drop significantly going into 2023.

The Street

'Big Short' Michael Burry Makes a Dire Prediction For 2023

The legendary investor anticipates a dark scenario for the U.S. economy this year.

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