The Latest Breaking News from Recession

Inflation is expected to peak later this year at 13.3% and will push the UK into a recession, according to the Bank of England

The recent rally in stocks (SPY) has been impressive. But it is still officially a bear market and there are 5 reasons that bears will not be waving a white flag soon. Lets review why stocks rallied...why they are likely to stall at this level...and the 5 reasons why the…

The Fed is expected to maintain its hawkish stance despite easing inflation numbers, which might impede the performance of the Nasdaq 100. Moreover, given the rising recession fears, it could be wise to avoid popular yet fundamentally weak Nasdaq 100 stocks, Advanced Micro Devices (AMD), Blackstone (BX), and BlackRock (BLK)…

Despite the multi-decade high inflation, Colgate-Palmolive (CL) reported impressive revenue growth for the last quarter. Given inelastic demand for its products, the company can maintain its profitability even if consumers cut back on spending in a potentially recessionary environment. Therefore, it could be wise to invest in the stock. Read…

A recession wouldn't bring much relief for renters.

Analysis: While chancellor says unemployment has rarely been lower, Bank of England predicts recession will push up jobless rate

The battle for talent is still ongoing, seemingly unaffected so far by the recession threat.

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell $1.21, or 1.3%, to $93.89 a barrel by 0635 GMT. WTI crude futures dipped 84 cents, or 0.9%, to $88.57 a barrel.

Bitcoin, the largest cryptocurrency in the world, was created in 2009 during the depths of the great financial crisis. It took a while to gain traction, but it, along with other cryptocurrencies, has since exploded into a major market worth around $1 trillion.

While inflation and recession fears weigh heavily on the minds of voters, another issue is popping up in political campaigns from the U_K_ and Australia to the U_S_ and beyond: the “China threat.”

Data on jobs, prices and sales this week will add to the gloom, but might an inflation-led return to work take the edge off?