The Latest Breaking News from Recession

Bank of England expected to raise interest rates by 33-year high to 3%

Warnings that cuts and tax hikes could lead to deeper and longer recession

Wales Online · Oct 28, 2022

3 Stocks That Are Great for Passive Income Investors

Though the U.S. economy bounced back after shrinking in the first half of the year, falling consumer spending and the rate hikes to tame high inflation might lead the economy into a recession. Hence, investors looking for passive income could invest in fundamentally sound dividend-paying stocks Pfizer (PFE), Sanofi (SNY),…

StockNews.com · Oct 28, 2022

Recession fears stalk Europe despite German growth

FRANKFURT: Germany's economy unexpectedly grew in the third quarter, official data showed Friday, but slowing growth in France and Spain added to fears that high inflation and an energy crisis will tip the region into recession.

Bangkok Post · Oct 28, 2022

Obama, Bush Protected White-Collar Criminals And Upended The Rule Of Law

Failure to prosecute those responsible for the 2008 financial meltown made a mockery of the criminal-justice system.

Zenger · Oct 27, 2022

These 3 High-Yielding ETFs Could Be A Great Hedge Against Rising Prices

Investing in dividend exchange-traded funds (ETFs) can be a simple way to earn passive income on a relatively risk-adjusted basis. During recessions, blue chip dividend stocks with strong fundamentals tend to fare well compared to growth investments.

Benzinga · Oct 27, 2022

Latest GDP Numbers Aren't Calming Recession Fears

The U.S. Bureau of Economic Analysis reports that GDP grew 0.6 percent in the third quarter of 2022.

Reason · Oct 27, 2022

Is Visa Stock a Good Investment for Q4?

Payments major Visa (V) delivered strong earnings in the last quarter, but the company’s outlook for fiscal 2023 appeared unreasonable to many analysts. So, will it be wise to buy the stock for the fourth quarter? Read on to learn our view….

StockNews.com · Oct 27, 2022

European Central Bank hikes interest rates, fuelling recession fears

ECB chief Christine Lagarde notes concerns but warns of further hikes to tackle soaring eurozone inflation

The Guardian - UK · Oct 27, 2022

ECB warns of 'looming recession'

FRANKFURT: The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.

Bangkok Post · Oct 27, 2022

Let These 3 Stocks Lead You Through the Bear Market

Gloomy earning guidance halted the S&P 500’s three-day winning streak. Moreover, a recession seems apparent as the U.S. economy battles sky-high inflation, aggressive rate hikes, and geopolitical headwinds. With the bear market not over yet, we think fundamentally strong stocks Walmart (WMT), Cisco Systems (CSCO), and Vertex Pharmaceuticals (VRTX) might…

StockNews.com · Oct 27, 2022