Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from Recession

Economists: More rate hikes won't help

After June's inflation numbers, the Fed is likely to push rates higher — at the risk of sparking a recession

Salon

Commentary: Biden’s economy is steering us into recession

If you’re having trouble making it from paycheck to paycheck, you’re hardly alone. A majority of Americans tell pollsters they feel the economy is not in good shape and getting worse. People are now demonstrably poorer than when President Joe Biden took office. Although wages have risen, prices have risen…

Tribune News Service

Poll: Asian FX bear market firms, short bets rise on Thai baht

Bearish bets on nearly all Asian currencies firmed to new multi-year highs, as fears of an impending recession from rapidly rising interest rates to rein in sky-high inflation dampened sentiment, a Reuters poll showed on Thursday.

Bangkok Post

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

Canada has raised interest rates by 1 percentage point. Could Australia follow?

As central banks scramble to fight inflation, with Canada's 100-basis-point interest rate rise the latest and largest move, a leading economist warns they may push the world into recession.

ABC News

Oil Prices Rise Ahead of Potential Large US Rate Hike

Oil prices rose on Thursday, with Brent breaking above $100 a barrel, as investors weighed tight supplies against the prospect of a large US rate hike that would stem inflation and curb crude demand. Brent crude futures for September climbed 68 cents, or 0.7%, to $100.25 a barrel by 0400…

Asharq Al-Awsat

Global recession risk rising as economic outlook ‘darkens significantly’, IMF says

Cost-of-living crisis ‘only getting worse’ says IMF chief Kristalina Georgieva, predicting a tough 2022, and ‘even tougher 2023’

The Guardian - AU

Tech firms cut thousands of jobs, as interest rates and recession risks climb

Technology companies are finding it tougher to attract investment as the cost of borrowing money gets more expensive, leading to thousands of jobs cuts across the global tech sector.

ABC News

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

A recession is not inevitable in Australia – and certainly not necessary

The level of inflation we have and its causes do not require a recession to reduce them. Such talk is foolish

The Guardian - AU

US inflation rises again, squeezing wallets and dogging Biden

U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively—trends that raise the risk of a recession.

France 24

Energy-producing states lag in latest economic numbers

Amid worries about a possible recession, energy-producing states had the biggest drops in GDP during the first quarter of this year, despite skyrocketing oil and gas prices, new government figures show.

Tribune News Service

Psychedelic Companies With Solid Fundamentals Will Survive A Downturn In The Recession-Ridden Market

Article by Jason Najum. Psychedelic startups face a more challenging time raising capital amid market volatility, the prospect of rate hikes, and recession fears, but that could ultimately help the industry to mature.

Benzinga

3 Stocks to Grab Before They Potentially Turn Around

Concerns over red-hot inflation and the Fed’s hawkish stance is raising the possibility of a recession. However, BofA believes the ongoing bear market provides attractive opportunities for long-term investors. So, we think it could be wise to invest in Zoom Video (ZM), Teva Pharmaceutical (TEVA), and Trulieve Cannabis (TCNNF) which…

StockNews.com

The Standard View: GDP rebounds but Tory leadership hopefuls must set out plan for growth

After a long day of cajoling fellow MPs, Tory leadership candidates may have been cheered by some unexpected economic good news. GDP rose by 0.5 per cent in May, raising the prospect that the UK can avoid a recession.

Evening Standard

Asian stocks, crude bounce from losses despite recession fears

Asian stocks fought back Wednesday to recover some of the losses suffered at the start of the week, while oil also bounced from a rout, though recession alarms continue to ring loud.

Bangkok Post

Get all your
news in one place.

100's of premium titles.
One news app.

Pedestrian.tv

Treasurer Jim Chalmers Says A Recession In Australia Is ‘Probable’ So WTF Does That Mean?

Economists predict a recession in Australia isn't near yet but it's being talked about as an increasing possibility. So what could it mean?

The Guardian - UK

US inflation hits new 40-year high; euro dips below dollar for first time since 2002 – as it happened

Stocks fall after US inflation jumps to 9.1%, as UK economy grows faster than expected by 0.5% in May

StockNews.com

What is the Next Bear Market Catalyst?

2022 has not been fun as the S&P 500 (SPY) has spent the better part of the last month in bear market territory. For as painful as that is there is good reason to believe that the worst is still to come. Why is that? How much lower can stocks…

ABC News

Tech firms cut thousands of jobs, as interest rates and recession risks climb

Technology companies are finding it tougher to attract investment as the cost of borrowing money gets more expensive, leading to thousands of job cuts across the global tech sector.

Get all your
news in one place.

100's of premium titles.
One news app.

StockNews.com

3 Energy Stocks to Buy and 1 to Avoid in July

Oil prices might soar higher as demand continues to outstrip supply. And we think energy stocks Adams Resources & Energy (AE), TotalEnergies (TTE), and Devon Energy (DVN) are well-positioned to benefit from the industry tailwinds and might be solid buys. However, as oil prices have receded lately on recession fears,…

Benzinga

Analysis: Can The Webb Telescope Photos Inspire A Space Industry Boom During A Recession?

NASA unveiled a series of dramatic full-color photographs taken by the James Webb Space Telescope, offering the deepest imagery ever captured of the distant edges of the universe.

StockNews.com

Does Inflation Worry You? These 3 Commodity Stocks Could Help Calm Your Nerves

Commodity prices have plummeted over the past few weeks on concerns over a global recession. However, amid the inflationary pressure, the growing demand for essential commodities should benefit Ryerson Holding Corp. (RYI), Southern Copper (SCCO), and Cameco Corp. (CCJ). Read on….

The Hindu

Oil slides on strong dollar and weaker demand outlook

Recession fears and China COVID curbs weigh on oil; Brent and WTI slide by more than $6 a barrel

StockNews.com

Why Investors Should Think Twice Before Buying Peloton Stock

After a stellar run during the height of the COVID-19 pandemic, shares of interactive fitness platform Peloton Interactive (PTON) have lost significantly and are currently trading 93% below its 52-week high due to weakened demand. With recession fears looming, the company may witness further sales decline. Investors should avoid the…

StockNews.com

5 Stocks Investors Might Want to Short, Liquidate or Avoid Right Now

The declining consumer confidence amid the rising recession odds as the Fed continues with the rate hikes is causing rampant volatility in the market. Given this backdrop, it could be wise to short, liquidate or avoid fundamentally weak stocks Netflix (NFLX), Etsy (ETSY), Align Technology (ALGN), PayPal (PYPL), and Bath…

Evening Standard

Euro slumps to parity with dollar amid recession fears on Continent

At its lowest point the European currency was down 0.64 of a cent at exactly $1.00

1 … 136 137 138 139

People

Dipanjan BanchurSince

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.