The Latest Breaking News from Recession

Financial hub’s de facto central bank lifts key rate to 3.5 percent after latest rate hike in the United States.

The stock market has witnessed wild swings amid sky-high inflation and the Fed’s rate hikes to control it. Moreover, volatility is expected to remain as the stubbornly high inflation shows no signs of slowing, and the Fed’s monetary policy tightening is raising the possibility of a recession. With another 75-basis-point…

Raging inflation and the Fed’s commitment to bring it under control with rate hikes are raising recession worries. However, according to BofA, the market could see a rally later this year. Given the macro uncertainties, we think investors should add fundamentally solid stocks Microsoft (MSFT), Merck & Co. (MRK), and…

Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressive pace that will heighten the risk of an eventual recession.

Announcement sparks concern that fight to contain sky-high US inflation could tip the economy into a recession.

Rising inflation and lingering recession concerns have necessitated the need to add a defensive layer to one’s portfolio. Therefore, it could be wise to invest in fundamentally strong dividend-paying stocks PepsiCo (PEP), Costco Wholesale Corp. (COST), and Comcast Corp. (CMCSA) to generate a steady and reliable income stream. Read on….

Inflation is growing more persistent and entrenched than expected. And the Fed’s aggressive rate hikes to tame inflation are raising the possibility of a recession. Hence it might be best to avoid fundamentally weak stocks, Royal Caribbean Cruises (RCL), Unity Software (U), and Bed Bath & Beyond (BBBY) now. Read…

Super returns slipped slightly in August as international share and money markets turned volatile but overall returns are strong.

Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe.

The price of taming the fastest inflation in four decades will cause "some pain" for the world's biggest economy. But can the Fed hold its rate path if the economy slips into recession?

Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier