The Latest Breaking News from Recession

Algeria Expects Oil Prices to Stabilize at $100 by Year's End

Oil prices are predicted to stabilize at $100 a barrel by the year-end, Algeria's Minister of Energy and Mines Mohamed Arkab said. The Minister explained that despite the decline in oil prices and global recession concerns, the latest decision of OPEC+ countries to reduce production by two million barrels per…

Asharq Al-Awsat · Nov 7, 2022

Jeremy Hunt plans £35bn spending cut amid recession warning OLD

Britain could be plunged into its longest recession since 1930s, Bank of England warned

The Independent UK · Nov 6, 2022

'No comparison' between gangland crime and troubles violence, says McDonald

Ms McDonald was speaking in relation to the former Sinn Fein councillor Jonathon Dowdall

Dublin Live · Nov 6, 2022

We need serious public policy, not more printed money – the US economy is in tatters

Decades of bailouts have convinced some that the Fed will always come to the rescue – but this only papers over the fundamental flaws of the US economy

The Guardian - US · Nov 5, 2022

3 Stocks to Buy With Rising Recession and Rate Risk

The stock market continues to be a challenging environment with rising rates a potent headwind. So far, the economy has been stable enough so that earnings growth has not contracted, but this is unlikely to persist the longer the Fed stays hawkish. This article discusses characteristics of stocks that are…

StockNews.com · Nov 5, 2022

Inflation is ‘insidious’: Bank of America CEO Brian Moynihan talks possible recession

Brian Moynihan took on one of the toughest jobs in the world in 2010: turning around the largest bank in America following a devastating financial crisis.

Tribune News Service · Nov 4, 2022

Is the US already in a recession? Economists and biz leaders disagree

Most Americans think the U.S. is in a recession right now.

Tribune News Service · Nov 4, 2022

The recession can be a chance to do things differently

Although the UK Government is dealing with critical fiscal challenges, there is no reason why it cannot also focus on wider economic policies that could help grow the economy

Birmingham Post · Nov 4, 2022

London’s small firms ‘set to bear brunt of recession’

The rise in mortgage costs is expected to have a huge knock on effect on consumer demand as home owners cut back on their spending

Evening Standard · Nov 4, 2022

Mark Carney doubles down on claim that Brexit has shrunk UK economy

Former Bank of England governor Mark Carney has defended his bleak warnings that Brexit would devalue sterling and add to inflation ahead of a recession.

Evening Standard · Nov 4, 2022