The Latest Breaking News from Recession

Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase

The firm said vacancy rates for warehousing fell to near-historic lows, as businesses scrambled for extra storage space to hold their swelling inventory levels after a drop-off in consumer demand

Although the fourth quarter is a historically strong period for the markets, Omega Advisors chairman and CEO Leon Cooperman remained wary. 

A portfolio consisting of 60% stocks and 40% bonds had a golden age from the 1980s — until recently.The combination offers investors risk-adjusted returns that are frequently on par with, or greater to, those of the benchmark SP 500 Index.The 60/40 portfolio faced significant challenges this year due to ongoing…

As the Fed battles sky-high inflation with aggressive rate hikes, the market is fuming with recessionary concerns. Moreover, consumer confidence has been declining amid the slowdown in the global economy. Thus, it could be wise to steer clear of fundamentally weak stocks Marvell Technology (MRVL) and ContextLogic (WISH). Read more.

The Fed's target interest rate has to be higher than inflation for real interest rates to be positive. Rate hikes may not lead to a recession this time.

Factory output likely to fall further as consumers’ real incomes are hit by inflation, economists say

At the end of the last decade, General Mills and its competitors were fighting for every penny as many consumers abandoned legacy packaged food brands.

Since the sky-high inflation persisted in September, the Fed is expected to launch another 75-basis-point rate hike this week. The stock market has been under pressure this year as investors remained anxious about the possibility of a recession. However, some fundamentally strong stocks, such as Altria Group (MO), Cummins (CMI),…

Democrats’ prospects for holding onto Congress are fading a week before the U.S. election as voters focus on economic concerns rather than the rollback of abortion rights, bolstering Republicans who have made inflation a central issue in the race.

The Fed officials seem all set to approve a massive rate hike in its upcoming meeting, paving the way for the policy rate to climb above 5% by March next year. The rapid tightening of monetary policy will likely trigger a recession. Thus, investing in resilient stocks Visa (V), Centene…