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The Latest Breaking News from Recession

Apple Slides As Recession Fears Grip The Stock: What's Happening?

Apple, Inc (NASDAQ: AAPL) gapped down over 2% on Wednesday to start the trading day and continued to decline once the market opened.

Benzinga

House prices 'could fall by up to 15% next year' as markets rattled by Mini-Budget

House prices are set to fall next year as fewer people buy property amid more expensive homeloans, higher interest rates, rising inflation and the risk of recession

Daily Mirror

Barton Goldsmith: Money and your emotional well-being

Money can be a triggering topic for many of us. These days, it’s hard to escape the impact of supply chain issues, inflation and talk of recession. It is hard to make sense of it all, but you can take some practical steps to save or make a little extra…

Tribune News Service

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read the most diverse news in one place.

Stocks and Oil Drop as Dollar Gains on Recession, Ukraine Fears

Equities and crude prices fell, while the dollar held at multi-year highs Wednesday as recession fears mount, while traders are also growing increasingly concerned about tensions with Russia after it declared victory in controversial Ukraine annexation polls. Investors are also keeping a close eye on London, after new finance minister…

Asharq Al-Awsat

Asian shares sharply lower after wobbly day on Wall Street

Asian shares have tumbled after a wobbly day on Wall Street as markets churn over the prospect of a possible recession

The Independent UK

What's happening with the British pound and what does it mean for Australia's economy?

With the UK government fighting off fears of a recession, the British pound tumbled against the US dollar this week. Here's why stock markets are concerned and what it means for Australia.

ABC News

Asian shares tumble after wobbly day on Wall Street

Indexes slump in China, Japan, South Korea and Australia as investors weigh prospect of a possible global recession.

Al Jazeera

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The looming ban on Russian crude

Crude oil prices are engaged in a tussle between fears of a recession-led demand decline and ongoing supply tightness, with risks to demand currently edging ahead.

Bangkok Post

2 Stocks Under $50 Worth Snapping up Right Now

With the market volatility and odds of recession perpetually increasing with every interest rate hike by the Federal Reserve, investors would be advised to load up on attractively priced stocks of businesses with robust demand and stable growth trajectory. Hence, fundamentally sound stocks Kroger (KR) and APA (APA), currently trading…

StockNews.com

3 Hotel REITS With The Highest Upside, According To Analysts

Almost every sub-sector of REITs has been hit hard in 2022 as inflation and recession worries have taken their toll on markets. Hotel REITs have been one of the worst REIT performers during this time. Many in the group are down 40% or more and several of these hotel REITs…

Benzinga

3 Stocks You'll Want to Leave out of Your Retirement Portfolio

The stock market is experiencing wild swings amid the consecutive Federal rate hikes and deteriorating investor sentiments. Moreover, the aggressive rate hikes are raising recession concerns. Therefore, fundamentally weak stocks Uber Technologies (UBER), Workhorse Group (WKHS), and AppHarvest (APPH) might be best avoided for your retirement portfolio. Also, these stocks…

StockNews.com

World economy jolted by war with recessions now seen looming

PARIS: The world as a whole has been jolted by the war in Ukraine, according to the OECD, which cut almost all growth forecasts for the Group of 20 next year while anticipating further interest-rate hikes too.

The Times of India

Inflation and expiring benefits have more Americans going hungry

Hunger is spreading among Americans with steady but low-paying jobs, reversing President Joe Biden's early success in cutting food scarcity by nearly a third and threatening to worsen as the country teeters on the brink of recession.

Tribune News Service

Is the UK in a recession? How central banks decide and why it's so hard to call it

Last week, UK chancellor Kwasi Kwarteng launched a bid to boost economic growth with the largest tax cutting exercise for half a century. What this so-called mini-budget has since overshadowed, however, was an admission by the Bank of England the previous day that the UK may already be in a…

The Conversation

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StockNews.com

5 ETFs to Avoid in This Volatile Market

The Fed’s aggressive monetary policy stance is expected to keep the stock market under pressure in the upcoming months. Moreover, a potential recession could keep several assets under pressure. Therefore, we think it could be wise to avoid ETFs iShares 20+ Year Treasury Bond (TLT), VanEck Gold Miners (GDX), Ark…

Bangkok Post

WTO chief: World economy edging into recession

The head of the World Trade Organization (WTO) added her voice to a growing chorus of observers who see the global economy headed into a recession.

Tribune News Service

Commentary: Reality is coming for Britain’s royals

Watched by millions around the world, the funeral of Queen Elizabeth II demonstrated the enduring glamour of Britain's hereditary order. As recession looms, however, and the pound sinks to its lowest in nearly four decades, it is time to ask: Can the monarchy reform fast and radically enough to adapt…

Los Angeles Times

Michael Hiltzik: Painful signs emerge that Fed is moving too far, too fast with aggressive rate increases

We have a term for the intentional infliction of pain on others: cruelty. So what are we to make of the Federal Reserve Board?

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StockNews.com

3 "Strong Buy" Stocks to Scoop up This Week

High inflation and surging interest rates have heightened fears of a global recession. Amid this uncertain macroeconomic environment, it could be wise to scoop up fundamentally strong stocks Bristol-Myers Squibb (BMY), Centene (CNC), and Ryerson Holding (RYI) for solid long-term returns. These stocks have a Strong Buy rating in our…

Reuters

Hungary's commitments to the EU on cutting corruption risks

Hungary's government has submitted anti-corruption legislation to parliament, trying to stave off a suspension of European Union funds at a time when its economy faces a likely recession next year.

The Independent UK

Recession clouds gather in Germany, Europe's largest economy

Europe’s largest economy is sending recession signals

France 24

British pound hits record low against US dollar, prompting recession fears

The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.

The Guardian - UK

Liz Truss ‘plans to loosen immigration rules to boost UK economy’

PM expected to expand shortage occupation list to help businesses fill jobs amid recession warnings

Benzinga

Tesla's AI Day Round The Corner, Ford Shuffles Around Team With Eye On EV Leadership, GM Says Hummer All-Electric Reservations Fully Booked: Week's Biggest EV Stories

Electric vehicle stocks fell across the board in the week ending Sept. 23, dragged by the Fed-induced sell-off in the market. Stung by worries concerning a potential recession and the impact of a rising rate environment, most clocked double-digit losses. Now, here are the key events that happened in the EV…

Tribune News Service

Could we be heading toward a global recession?

It's been a rough couple of weeks on the stock market, ending recently with a warning from FedEX about a downturn in the global economy that sent shares tumbling.

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