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The Latest Breaking News from Recession

Dublin Christmas lights still going ahead this year despite power cut fears

Every year the organisers Dublin Town spends €500,000 and six weeks erecting 5km of lights along up to 25 streets in the main shopping district of the city

Dublin Live

Energy cap leap looks to be moment when UK recession fears turn into reality

Rocketing gas and electricity prices may usher in some benefits – but none will have much impact this winter

The Guardian - UK

Deep recession coming unless government acts on fuel bills, warns City

Fuel bills “devastating” for many admits Ofgem

Evening Standard

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read the most diverse news in one place.

We Are Not In A Recession And Inflation Is The Reason Why, Says Nobel Prize-Winning Economist

Richard Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Thaler researches decision-making psychology, which bridges the gap between economics and psychology, as well as behavioral finance and economics.

Benzinga

2 Safe Stocks to Load up on Right Now

The stock market has remained under tremendous pressure since the beginning of 2022 due to ongoing macroeconomic issues. The Fed’s monetary policy tightening and a slowing economy are raising recession fears among investors. Amid such a volatile environment, investors should consider adding safe stocks KT Corporation (KT) and Bridgestone (BRDCY)…

StockNews.com

Government revision shows economy shrank 0.6% last quarter

The U.S. economy shrank at a 0.6% annual rate from April through June, the government said in a slight upgrade from its initial estimate

The Independent UK

3 "Strong Buy" Stocks With Targets 20% or Higher Than Current Prices

Concerns over the Fed’s upcoming interest rate hike and related recession fears might keep the market volatile. Amid this scenario, it could be wise to buy quality stocks AutoNation (AN), Altra Industrial Motion (AIMC), and ArcBest (ARCB), which are rated Strong Buy in our proprietary rating system. Wall Street analysts…

StockNews.com

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Four ways to spend your dwindling cash that will boost your wellbeing

The cost of living crisis shows no signs of letting up. Inflation around the world continues to rise and economists are predicting numerous countries will go into recession.

The Conversation

Summer of discontent as UK hit by huge energy bills, axed flights and strike delays

The UK is facing a summer of discontent with rising energy bills, soaring food prices, flight cancellations, a looming recession and strikes expected across the country in the coming months

Daily Mirror

Blackouts, price hikes and recession - what winter in Ireland might look like this year

With the ongoing cost of living crisis, rising energy costs, potential blackouts and recession are looming this winter, according to several experts.

Irish Mirror

As Ukraine War Drags On, Europe’s Economy Succumbs to Crisis

It was meant to be Europe's stellar year. A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain a sense of normality after two dreadful years. But all that changed on Feb. 24 with Russia's invasion of Ukraine. Normality is…

Asharq Al-Awsat

2 Precious Metals Funds to Brighten Your Portfolio. And 1 Dud to Avoid

The precious metal market has softened due to the ongoing rate hikes. However, gold has shown resilience and could thrive if the Fed eases its policy tightening. Hence, we think gold funds Pacer iPath Gold Trendpilot (PBUG) and FT CBOE Vest Gold Tactical Buffer (BGLD) might be solid buys. However,…

StockNews.com

How These 2 Dueling Impulses Could Impact the Stock Market

The S&P 500 (SPY) hit its first rough patch since mid-July. And, we've basically retraced the entire last leg higher. As we laid out in our previous commentaries, the conditions that contributed to the melt-up (bearish sentiment and positioning) remain intact albeit to a lesser degree. Similarly, the factors that…

StockNews.com

Asian Markets Track Wall St Plunge on Growing Rate Fears

Asian markets fell again Tuesday and the dollar held gains as traders grow increasingly worried that the Federal Reserve will continue to ramp up interest rates to fight inflation. With the Jackson Hole symposium of central bankers and finance chiefs taking place this week, the focus is on what Fed…

Asharq Al-Awsat

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ABC News

ASX sinks to three-week low, Wall Street and European markets fall on recession signals

The Australian share market has wiped out all of its gains for the month, on growing fears that central bank efforts to tame rising consumer prices with inflation-busting interest-rate hikes will weaken the global economy and lead to a recession.

StockNews.com

3 Stocks That Could Cost Shareholders a Lot of Money

Though better-than-expected earnings results, slightly reduced inflation, and a strong job market have raised investors’ confidence in the market, concerns over the Fed’s upcoming interest rate hikes and a potential recession could keep the market under pressure. Therefore, fundamentally weak stocks Plug Power (PLUG), Sunrun (RUN), and GreenPower Motor (GP)…

StockNews.com

1 S&P 500 Stock to Buy Now and 1 to Sell

Amid increasing market volatility and growing fears of a recession, fundamentally sound stock HCA Healthcare (HCA) could be an ideal investment now. However, Etsy (ETSY) is best avoided due to its weak financials. Keep reading….

Benzinga

As Recession Stands On The Economic Doorstep, The Alternative Investment Spotlight Shines On Real Estate Crowdfunding

Whether in a full-tilt economic malaise or dancing on the outskirts, “recessionary times” are unfortunately a cyclical and natural part of the nation’s financial path. Watching or reading any reported news cycle today can lead to instant anxiety for investors, fueled by discussion of inflation, global instabilities, rising interest rates…

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Dublin Live

George Hook on recession fears admitting debt nearly destroyed his marriage

The former Newstalk presenter also fears Sinn Fein will take his money if elected

Axios

Business economists give soft landing the side-eye

Private-sector economists are skeptical the Fed can end inflation without causing a recession, survey shows.

Irish Mirror

George Hook says debt nearly destroyed marriage and believes recession 'inevitable'

And he believes a recession is inevitable after such a rise in inflation.

The Guardian - UK

Global ad market faces ‘car crash’ next year amid cost of living crisis

Industry bullish in build-up to football World Cup but marketing spend an ‘easy cost to cut’ as demand slows

Wales Online

'There's too much talk of recession,' says Liz Truss

Tory candidate says economic slump is not inevitable

The Independent UK

Liz Truss criticises ‘too much talk of a recession’ as she talks up ambition

The Tory leadership frontrunner insisted the outcome forecast by the Bank of England can be avoided.

Daily Mirror

Brits urged to start Christmas shopping early to beat cost of living price hikes

Supermarkets and retailers are issuing advice to customers to help them plan ahead for the holiday period as the UK heads into another recession

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