The Latest Breaking News from Recession

Oil Extends Losses as Weak Demand Outlook Lingers

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.

Asharq Al-Awsat · Aug 16, 2022

Crypto during a recession: Here’s what to expect

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.

Tribune News Service · Aug 15, 2022

'China threat' emerges in elections from UK to Australia

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.”

The Independent UK · Aug 14, 2022

How to buy Alphabet stock (GOOGL)

Alphabet Inc became the parent holding company of Google in 2015. Google remains Alphabet’s largest subsidiary and is a holding company for Alphabet’s internet properties and interests.

Evening Standard · Aug 11, 2022

‘Recession and cost of living crisis would be utter human disaster’

A key member of Liz Truss’s leadership campaign team warned on Thursday that a recession on top of the cost-of-living crisis would be a “human disaster”.

Evening Standard · Aug 11, 2022

Housing slowdown? Looming recession? Not for the ultra-rich buyers of LA’s 8-figure condos

To unveil one of the grandest penthouses ever to be built in Los Angeles, its developers threw a little dinner party.

Los Angeles Times · Aug 11, 2022

'Devastating cancer recession' warning as nearly 60,000 urgent cancer treatments missed

'For every four weeks of delayed treatment, there is a 10 per cent reduction in survival rates'

Manchester Evening News · Aug 11, 2022

Fed's Kashkari says he’s staked out the most aggressive stance on lifting interest rates

Neel Kashkari welcomed the first better-than-expected inflation report in many months on Wednesday, but said it did not change his view on the need for more aggressive interest rate hikes even if it means triggering a recession.

Tribune News Service · Aug 10, 2022

2022 Returns For Investor And Pandemic Darlings: You Won't Believe This Stock That Is Positive On The Year

2022 has been an uncertain year in the markets, to say the least. A number of second-quarter big tech earnings were delivered in recent weeks, showing signs of stability in the macro environment and less of a recession.

Benzinga · Aug 10, 2022

2 Momentum Stocks Crushing the Bear Market

Valero Energy (VLO) and Shell (SHEL) have maintained strong momentum amid the highly uncertain market conditions. With recession fears expected to keep the market under pressure in the near term, it could be wise to buy these stocks now to benefit from their momentum, which might continue for some time…

StockNews.com · Aug 10, 2022