The Latest Breaking News from Recession

Elon Musk tells Twitter staff about his ‘recession PTSD’ from keeping PayPal and Tesla alive, demands ‘maniacal sense of urgency’

Musk addressed Twitter employees in a Q&A Thursday, describing his trauma from Tesla and PayPal, after laying off around 50% of workers at the social media company.

Fortune · Nov 11, 2022

2 Resilient Stocks to Buy and Hold Through a Recession

The World Bank has warned about a global recession next year. Moreover, although the October inflation report shows signs of cooling price pressures, inflation is still far from the Fed’s target level. Hence, we believe fundamentally solid dividend-paying stocks Johnson & Johnson (JNJ) and McDonald’s Corporation (MCD) could be ideal…

StockNews.com · Nov 11, 2022

2 ETFs to Help Diversify Your Portfolio Right Now

October’s inflation data came in cooler than expected. However, with the Fed not expected to make any significant change to its stance based on the latest inflation, a mild recession might be on the cards. Amid this, fundamentally strong ETFs SPDR Bloomberg 3-12 Month T-Bill (BILS) and iShares MSCI Global…

StockNews.com · Nov 11, 2022

Six big money changes that will hit your wallet - from Autumn Statement to interest rates

We round up all six of the biggest financial announcements and changes expected over the next few months, including when interest rates and inflation will rise again and what to expect in the Autumn Statement

Daily Mirror · Nov 11, 2022

Kwasi Kwarteng blames Liz Truss for economic fallout as UK recession looms

FORMER chancellor Kwasi Kwarteng has claimed he told Liz Truss she was “going too fast” with the disastrous mini-Budget as it emerged the…

The National (Scotland) · Nov 11, 2022

UK on brink of longest recession in history as Tories blamed for their 'disastrous economic record'

Labour and the SNP accused the Conservatives of leading the country through a decade of weak growth and inequality.

Daily Record · Nov 11, 2022

EU expects recession to hit Europe as inflation hangs on

The European Union’s executive commission slashed its forecast for economic growth next year

The Independent UK · Nov 11, 2022

Latest recession warning a 'damning indictment' of Tory governance

THE UK economy shrunk by 0.2 per cent between July and September, in what some experts say could be the start of the longest recession since record…

The National (Scotland) · Nov 11, 2022

Economy shrinks in what could be start of a long recession

Latest GDP figures show a 0.2% contraction between July and September

Insider UK · Nov 11, 2022

BREAKING: UK economy shrinks by 0.2% in move feared to be start of major recession

GDP fell by 0.2% in the three months to September as services, production and construction industries all slowed down and cost-of-living pressures bite

Manchester Evening News · Nov 11, 2022