The Latest Breaking News from Recession

Recessionary fears continue to weigh on investor sentiment as the central banks worldwide warn to keep raising interest rates. This is expected to keep the stock market under pressure. However, it could be wise to buy fundamentally sound and cheap stocks United Microelectronics. (UMC), Myers Industries (MYE), Hackett Group (HCKT),…

The Dow Jones plunged as recession fears rose. Tesla stock suffered a shocking fall. Some Cathie Wood buys got battered. Apple stock dived.

The recession-bound UK economy contracted by 0.3% in the third quarter of the year, slightly more than originally thought.

Despite layoffs and a looming recession, The Great Resignation shows no signs of stopping if employees aren't paid well during times of inflation.

Americans may have to accept higher inflation, or face a serious recession as the Federal Reserve raises interest rates to get to its 2% inflation target, El-Erian warns.

Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession

With the rising odds of a recession next year, elevated inflation, and the Fed’s hawkish monetary policy stance, the stock market will likely remain under pressure. It, therefore, could be ideal to invest and hold fundamentally sound stocks Verizon Communications (VZ), Humana (HUM), Archer-Daniels-Midland (ADM), and Sysco Corp. (SYY) for…

The Fed’s hawkish stance and decline in consumer spending indicate that the economy could soon tip into a recession. Therefore, investors should consider fundamentally sound stocks Cardinal Health (CAH), United Microelectronics (UMC), MasterCraft (MCFT), and GEE Group (JOB) now. Keep reading….

Federal Reserve Board Chair Jerome H. Powell snatched the cookie jar out of the stock market's hands on Dec. 14, when he followed up an announcement of a dovish half-point interest rate increase with a warning that the Fed didn't think it had wrung enough inflation out of the economy…