The Latest Breaking News from Recession

Facing slower traffic in sales offices with buyers facing higher mortgage rates, North Texas homebuilders are hitting the brakes at a pace not seen since the Great Recession.

Corporate earnings are set to take a hit and Wall Street isn't properly anticipating it, Morgan Stanley's Mike Wilson warns. And when earnings fall, so will stocks.

Economists say there is a 7-in-10 likelihood that the U.S. economy will sink into a recession next year, slashing demand forecasts and trimming inflation projections in the wake of massive interest-rate hikes by the Federal Reserve.

Market volatility is rife amid widespread macro headwinds. However, experts believe the U.S. economy might avoid a recession. Also, analysts are bullish on the performance of small-cap stocks. Therefore, quality small-cap stocks Yelp (YELP) and Ingles Markets (IMKTA) could be ideal buys for 2023. Keep reading….

The Fed’s indication to keep raising interest rates through next year has retrieved recessionary fears among investors. However, dividend stocks could be a cushion amid such uncertainty by helping investors ensure a steady income stream. Hence, fundamentally strong dividend-paying stocks BHP Group (BHP), Albertsons Companies (ACI), and Global Partners LP…

Despite the signs of inflation cooling down, the Fed will likely continue raising rates through next year, triggering a recession. Therefore, avoiding overrated stocks DoorDash (DASH) and Faraday Future Intelligent Electric (FFIE) could be wise. Read more….

The rate at which Americans are saving money has dipped close to an all-time low, according to the Bureau of Economic Analysis. The personal savings rate was 2.3% as of October, down from 7.3% a year earlier. It’s the lowest since July 2005, when the rate hit a record low…

Rebound in North Sea earnings could also boost Scotland’s relative economic performance

SCOTLAND may experience a slightly shallower recession than the rest of the UK, experts have told MSPs ...

Hong Kong (AFP) - Markets fell Tuesday and the yen rallied after Japan announced a surprise tweak to its ultra-loose monetary policy, just as traders were fretting that central bank efforts to tame inflation will tip economies into recession.

Hong Kong (AFP) - Markets fell in Asia on Tuesday and the yen rallied after Japan announced a surprise tweak to its ultra-loose monetary policy, just as traders were fretting that central bank efforts to tame inflation will tip economies into recession.