The Latest Breaking News from Recession

Scottish business leaders say governments must explain how they will help businesses through recession

'Governments in Edinburgh and London must make clear how businesses will be supported'

Insider UK · Oct 21, 2022

Australia aims for 'responsible' budget after UK mayhem

Australia's Labor government will launch its first budget next week with warnings about global recession and tough spending choices at home, while still meeting the modest promises made to win election earlier this year.

Reuters · Oct 21, 2022

Is the housing market about to crash? Here’s what experts are saying

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally is slowing. While demand and price gains are cooling, any correction is likely to be a modest one, housing economists and analysts say. No one expects…

Tribune News Service · Oct 20, 2022

2 Stocks That Aren't for the Faint Hearted

Since interest rate increases look all set to persist and the economy is expected to witness recessionary pressures, stocks with poor fundamentals could struggle to find support. Therefore, avoiding fundamentally weak stocks Snowflake (SNOW) and Twitter (TWTR) could be wise, as they might keep losing. Read on….

StockNews.com · Oct 20, 2022

2 Cruise Ship Stocks to Sell Amid Rising Recession Fears

Cruise companies are struggling amid high inflation and the Fed’s aggressive interest rate hikes. Moreover, slowing consumer demand amid looming recession fears might hurt their revenue streams. Hence, it might be best to avoid fundamentally bleak cruise stocks Carnival Corporation (CCL) and Norwegian Cruise (NCLH). Read on….

StockNews.com · Oct 20, 2022

Nasdaq, S&P 500 Futures Slip As Mixed Earnings Report, Economic Worries Keep Sentiment Subdued — Tesla, Nokia Plunge Premarket

The major U.S. index futures are pointing to a mixed open on Thursday, as traders pause following a two-session rally early in the week. Mixed earnings could temper the market mood even as recession fears intensify

Benzinga · Oct 20, 2022

3 Stocks That Could Sink Your Portfolio

The Fed’s monetary policy tightening and growing recession odds have been hurting businesses by slowing down demand and making borrowing more expensive. Amid ongoing market turbulence, it could be wise to get rid of fundamentally weak stocks Carnival (CCL), Unity (U), and Affirm (AFRM) before they sink your portfolio. Continue…

StockNews.com · Oct 19, 2022

ASX falls on job numbers and as recession fears return to Wall Street

Recession fears return to the ASX and Wall Street with stocks ending a two-day rally. Weaker employment growth in Australia also weighs on shares.

ABC News · Oct 19, 2022

4 Falling Stocks to Cash out of Right Now

Stock market volatility is rife amid the Fed’s hawkish monetary policy stance and widespread recession fear. Analysts have warned of a global recession by mid-2023. Given the market turmoil, we think investors should cash out of Payoneer Global (PAYO), ContextLogic (WISH), LL Flooring (LL), and Mullen Automotive (MULN), which have…

StockNews.com · Oct 19, 2022

Global recession looks likely. Even if Australia escapes it, we are in for a bad couple of years

Economics is confusing at the best of times. But, at the moment, it’s downright counter-intuitive.

The Conversation · Oct 19, 2022