The Latest Breaking News from Recession

Is a line of credit right for your business recession plan?

The possibility of a recession in the near future and the likely reduction in credit availability that is often associated with it may drive some small-business owners to explore financing options like a line of credit

The Independent UK · Sep 15, 2022

3 Stocks Taking Big Hits From Recent Layoffs

With stubbornly high inflation, rising interest rates, and growing fears of a recession, several businesses have been slashing headcount remarkably to reduce costs and stay afloat. In addition to their weak fundamentals and dim growth prospects, the announcements of layoffs have also impacted the performance of Shopify (SHOP), Coinbase (COIN),…

StockNews.com · Sep 14, 2022

Australian jobless rate lifts to 3.5pct

The jobless rate grew to 3.5 per cent in August, lifting from the record low 3.4 per cent figure in July.

AAP · Sep 14, 2022

3 Stocks to Avoid Even Though They're Ultra Popular on Wall Street

With the Federal Reserve’s hawkish stance to fight sky-high inflation and increasing odds of recession, fundamentally weak stocks may struggle to stay afloat in the near term. Thus, we think shares of NVIDIA (NVDA), Snap (SNAP), and Avaya Holdings (AVYA), even though they are ultra-popular on Wall Street, could be…

StockNews.com · Sep 13, 2022

4 ETFs You'll Be Kicking Yourself Later for Buying

The persistent hawkish stance of the Fed is raising the odds of a recession. Moreover, the Fed is expected to go ahead with another significant interest rate increase later this month. Amid the widespread volatility in the market, it could be wise to avoid iShares 20+ Year Treasury Bond (TLT),…

StockNews.com · Sep 13, 2022

Recession watch: Will the economy shrink this year after it grew in July? – City experts look ahead

Can the energy price cap help the stuttering UK economy avoid a full-blown recession?

Evening Standard · Sep 12, 2022

EU eyes levy on fossil fuel firms to help consumers survive energy crisis

Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's "energy war" with Russia took a growing toll.

Reuters · Sep 12, 2022

National minute silence to be held on Sunday to mark Queen's death

Downing Street announced the one minute silence as economists warn the mourning could tip the country into recession.

Daily Record · Sep 12, 2022

UK economy records ‘feeble’ rebound in July

Latest GDP growth figures come in lower than the 0.3% expected by most economists

Insider UK · Sep 12, 2022

'Downbeat outlook:' UK economy grew less than expected in July

THE UK economy grew by 0.2 in July, which is slower than expected, following a sharp drop in the previous month.

The National (Scotland) · Sep 12, 2022