Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Recession

Here’s why the US economy shrinking in the 2nd quarter may not be so bad

WASHINGTON — In the most aggressive back-to-back interest rate increases since the early 1980s economic crisis, the Federal Reserve on Wednesday announced another hike of three-quarters of a percentage point and signaled more to come in its effort to beat back inflation despite the risk of a recession.

Los Angeles Times

4 stocks to buy that are worth the risk in a recession, according to a top portfolio manager at Nuveen

Nuveen CIO Saira Malik says investors need to focus on quality and resilience for their stock picks.

Fortune

US recession fears deepen as economy contracts for 2nd straight quarter: What about India?

NEW DELHI: World biggest economy contracted for the second quarter in a row on Thursday, triggering fears of recession.

The Times of India

From analysis to the latest developments in health,
read the most diverse news in one place.

After 2 Consecutive Quarters of Negative Economic Growth, Is America in a Recession?

Most Americans believe so.

Reason

America tips into unofficial recession as global markets hold breath

Second successive drop as growth retreats 0.9% in the three months to June

Evening Standard

Biden hails ‘most significant legislation to tackle climate crisis’ after Manchin says yes – as it happened

President lauds ‘huge step forward’ for his domestic agenda after deal between Manchin and congressional Democrats

The Guardian - US

US economy shrinks for a second quarter, fueling recession fears

The drumbeat of recession grew louder after the U.S. economy shrank for a second straight quarter, as decades-high inflation undercut consumer spending and Federal Reserve interest rate hikes stymied businesses and housing.

Tribune News Service

Read news from The Economist, FT, and more,
with one subscription

Yellen insists US not in recession as economy shrank 0.9 per cent in second quarter

Two negative quarters meets the informal definition of recession but many economists disagree

The Independent UK

When does a recession begin – and is the US in one now?

Question weighs on consumers, politicians and investors around the world as the Federal Reserve raises interest rates

The Guardian - US

U.S. economy shrinks for second straight quarter, igniting recession fears

It's not officially a recession yet, but the data shows the economy is on shakier footing as growth slows.

Axios

US economy shrinks in second quarter, signaling unofficial start of recession

The bad news will be a major blow for the Biden administration as it prepares for a tough midterm election season

The Guardian - US

Conservative leadership: Pragmatic Prime Minister is needed to navigate recession

City Voices: Candidates for PM must drop dogmatic approach to tax

Evening Standard

Powell: No recession right now, but anything's possible

Closely watched economic figures come out this morning.

Axios

Top economist David McWilliams sounds 'creeping' recession warning for Ireland

Finance guru Eddie Hobbs previously warned a 'firestorm' recession in autumn is 'likely'

Irish Mirror

Get all your
news in one place.

100's of premium titles.
One news app.

WEKU

U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?

GDP shrank for a 2nd quarter in a row. While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. Parts of the economy are clearly struggling.

Asharq Al-Awsat

Riyadh, Paris Keen on Strengthening Strategic Partnership

Amid fears that European economies would face a recession as a result of the Russian-Ukrainian war, economists expected that the Saudi-French talks would enhance strategic partnerships that will help stabilize global energy and oil markets, and reduce the challenges facing food supply chains. Dr.

The Independent UK

US economy likely grew modestly, if at all, last quarter

After going backward from January through March, the U.S. economy probably didn’t do much better in the spring

The Independent UK

Australia forecasts high inflation for another 2 years

New forecasts by Australia’s government say runaway inflation will remain unacceptably high for the next two years and economic growth will slow without falling into recession

Get all your
news in one place.

100's of premium titles.
One news app.

Dublin Live

Recession Ireland: Top economist warns 'creeping' recession will hit Ireland

There are many indicators that the country is headed for a recession

The Independent UK

US not yet in recession and 4 other takeaways from the Fed

Jerome Powell delivered a tough message at the start of a news conference Wednesday: Inflation is way too high, and the Federal Reserve is laser-focused on taming it with higher borrowing costs

ABC News

Treasurer warns Australians to brace for pain to escape recession in confronting economic statement to parliament

Forecasting a peak in inflation to 7.75 per cent by the year's end, the Treasurer says Australians must brace to take some "tough medicine" if the nation is to escape a recession.

The Conversation

A hawkish Fed signals further rate hikes and sees a slowing economy – but not recession

The U.S. Federal Reserve hiked its benchmark interest rate by a further three-quarters of a percentage point on July 27, 2022.

The Guardian - AU

Morning mail: challenges ahead amid soaring inflation, US lifts interest rate, farewell to Ramsay Street

Thursday: Treasurer trims economic growth prediction amid warnings the world is ‘on the edge’ of global recession. Plus: a deep dive into colonic irrigation clinics

StockNews.com

Should You Buy These 2 Stocks on the Dip?

Investors’ concerns over the Fed’s hawkish stance to lessen the inflationary pressure and rising odds of the economy tipping into a recession have kept the stock market highly volatile of late. While the market downturn creates attractive buying opportunities, avoiding fundamentally weak stocks, The Walt Disney (DIS) and Sea (SE)…

StockNews.com

3 Stocks to Help You Make Passive Income in 2022

Concerns over the Fed’s aggressive interest rate hikes and growing odds of the economy sliding into a recession are expected to keep the stock market highly volatile in the upcoming months. Amid these volatile market conditions, it could be wise to invest in high dividend-yielding stocks Texas Instruments (TXN), Visa…

1 … 130 131 132 133

People

Mangeet Kaur BounsMangeet

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.