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The Latest Breaking News from Recession

As high interest rates lead to home repossessions, London will be hit hardest

City Comment: Along with unemployment, home repossession is probably the most distressing symptom of recession.

Evening Standard

Bitcoin and major cryptocurrencies surge as US debt sparks recession fears

Learn about the influence of Federal Reserve Chair Jerome Powell's warnings on the U.S. debt pile and its potential impact on cryptocurrencies like Bitcoin...

Top News

Deutsche Bank drops forecast for 2024 US recession

Deutsche Bank's latest update reveals that the possibility of a U.S. recession in 2024 has been ruled out, providing a positive outlook for the country's e...

Top News

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Economists Pilloried For Getting Forecasts Wrong

Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.

International Business Times

Black Swans: Unpredictable Events That Shape Our Lives, Explained

Discover the impact of Black Swan events like the Great Recession and COVID-19 on our lives. Unveil their power to reshape the course of history.

Top News

Euro stabilizes as Eurozone avoids recession, dollar eases before Fed

The euro stabilizes amidst Europe's avoidance of recession, while the dollar weakens ahead of the Federal Reserve's decision, impacting global forex markets.

Top News

Eurozone Narrowly Dodges Recession

The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in the final three months of the year, official data showed Tuesday.

International Business Times

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Eurozone narrowly avoids recession as German economy shrinks

Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut

The Guardian - UK

IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened

Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023

The Guardian - UK

Thai economy in recession, seeks boost - deputy Finance Minister

The Thai economy is currently facing a recession and requires a boost, according to the Deputy Finance Minister. A closer look at the challenges and potent...

Top News

Strong GDP growth in Q4 2023 defies recession forecasts

Discover the positive GDP growth in the 4th quarter of 2023 and what it means for businesses. Find out why labor, capital investments, and financing strate...

Top News

US Economy Surges, Defying Expectations of Recession

Discover the surprising growth of the US economy in the fourth quarter, crushing recession fears. Learn about the vibe session disconnect between reality a...

Top News

Many experts feared a recession. Instead, the economy has continued to soar

The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.

WEKU

A new 'Lawson boom'? No thanks, I remember the first one

City Comment: The reforms Jeremy Hunt wants to recreate brought a recession, soaring interest rates and boom-and-bust house prices

Evening Standard

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The Guardian - UK

‘Good chance’ UK may have fallen into technical recession; S&P 500 hits fresh all-time high – as it happened

Rolling coverage of the latest economic and financial news, as US stocks hit record high in early trading

The Guardian - UK

UK economic growth to rebound in late 2024, leading forecaster says

EY Item Club report hands PM new year boost with prediction that inflation drop will allow interest rates to fall to 4% by year end

The Guardian - UK

Retail slump raises spectre of recession as Hunt looks more Truss-like by the day

Surprise fall in December sales damages chancellor’s claims that UK economy is on right track

Evening Standard

High street sounds recession alarm as December retail sales crash

Department stores, clothing shops and household goods retailers were hit hardest

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StockNews.com

Recession & Bear Market Warning from Tuesday?

Tuesday stocks fell after a truly horrific economic report pushing them back from near the all time highs for the S&P 500 (SPY). Was this report the cause for the market decline? And what does it mean for the market going forward? 43 year investment veteran Steve Reitmeister shares his…

The Guardian - UK

Germany on track for two-year recession as economy shrinks in 2023

‘Multiple crises’ contributed to 0.3% fall in GDP, says national statistics office

The Guardian - UK

Climate, chaos and war fill a doomy agenda at Davos

The World Economic Forum has already wrestled with pandemic and recession, but the troubles keep coming

Fortune

Europe's largest economy, struggling to pull itself out of recession, hit with rail strikes and farmers' protests to start 2024

Chancellor Olaf Scholz is slipping in polls, while a surging far-right party is backing the protesting farmers, who are losing some of their precious subsidies.

Top News

UK Economy Grows in November, But Near Recession Territory

The UK economy showed some growth in November, but is on the brink of recession, highlighting a precarious state of affairs for Britain's economic future.

The Independent UK

Britain’s economy grows by more than expected in hope to avoid recession

GDP rose by 0.3 per cent in November – but opposition blames government for ‘dismal’ growth

Evening Standard

GDP: Britain's economy grew 0.3% in November but ONS admits 'little growth' overall

Economists had expected growth of 0.2%, but the figures gave little cause for celebration with the risk of an end-of-year recession still on the cards

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