The Latest Breaking News from Recession

The Fed’s aggressive rate hikes to tame the stubborn inflation have led to widespread recession fears. The stock market has witnessed a significant selloff. Moreover, as the bear market seems not over yet, we think fundamentally strong dividend-paying stocks, Pfizer (PFE) and Kroger (KR), might help you beat the bear…

A recession is likely next year, but it may have been avoidable.

The Fed’s continued hawkish monetary policy stance has raised fears of an impending recession. Despite the market pressure, the U.S. GDP saw a positive turnaround in the third quarter of 2022, indicating a resilient economy. Amid this scenario, we think investors should buy fundamentally sound stocks Abbott Laboratories (ABT), Verizon…

Many shoppers are trading down to less expensive clothing and accessories -- swapping Lululemon leggings for Uniqlo and expensive lingerie for Target bras and panties -- as inflation eats into their disposable income and a rocky stock market erodes their wealth.

The Fed’s aggressive rate hike regime has heightened recessionary concerns. Therefore, fundamentally weak stocks Plug Power (PLUG) and Peloton Interactive (PTON) might be best avoided. Read more.

The Fed is expected to continue raising rates, for the time being, keeping the stock market under pressure. The interest rate-sensitive and tech-heavy Nasdaq composite has lost more than 30% year-to-date. Moreover, soaring recession probabilities could accelerate a pullback across markets. Investors might avoid fundamentally weak Nasdaq stocks Advanced Micro…

This year's U.N. climate conference must wrench global leaders' attention back to global warming as multiple crises, including a looming global recession and war in Europe, vie for attention, former U.N. climate chief Patricia Espinosa told Reuters.

Oil prices are predicted to stabilize at $100 a barrel by the year-end, Algeria's Minister of Energy and Mines Mohamed Arkab said. The Minister explained that despite the decline in oil prices and global recession concerns, the latest decision of OPEC+ countries to reduce production by two million barrels per…

Britain could be plunged into its longest recession since 1930s, Bank of England warned