The Latest Breaking News from Recession

Truss warns against ‘talking UK into a recession’ in leadership hustings

Tory favourite for No 10 says taxes should be kept low as rival Sunak says his priority will be to tackle inflation

The Guardian - UK · Aug 5, 2022

Bank of England’s dire recession warning too ‘optimistic’ amid gas threat, economists say

‘If Russia were to completely cut supplies and we had a cold winter it would be a perfect storm’

The Independent UK · Aug 5, 2022

What the blowout US jobs numbers actually mean

While recession fears may have cooled for now, the Fed is likely to be more bold with its rate hikes at future meetings.

Al Jazeera · Aug 5, 2022

3 Active Stocks on Wall Street to Buy Right Now

Even though the U.S. stocks ended July with decent gains, growing recession fears could keep the stock market under pressure in the near term. However, despite the current market headwinds, it could be wise to invest in fundamentally sound stocks, Microsoft (MSFT), SIGA Technologies (SIGA), and Fortinet (FTNT), which have…

StockNews.com · Aug 5, 2022

"Historically, housing has led us into every recession since WWII" — National Association of Home Builders CEO Jerry Howard, Echos Elon Musk, Shares Grim Outlook

Jerry Howard, National Association of Home Builders (NAHB) CEO, has plenty of experience in the housing industry. Prior to joining NAHB, Jerry served as the Chief Lobbyist for the National Council of State Housing Agencies. For over a quarter of a century, Jerry has been analyzing the housing market.

Benzinga · Aug 5, 2022

With 528,000 jobs added in July, the U.S. labor market is on fire

It's excellent news for job seekers, though Fed officials are likely to see reasons to worry about inflation pressures.

Axios · Aug 5, 2022

3 High-Yield Dividend Stocks to Buy Right Now

Amid the persisting market volatility on concerns over high inflation and a looming recession, we think it could be wise to invest in fundamentally strong dividend-paying stocks Vodafone Group (VOD), Gilead Sciences (GILD), and BHP Group (BHP) for a steady income stream. Read more….

StockNews.com · Aug 5, 2022

One relief amid the pain of the coming recession

The predicted squeeze on living standards will be undeniably deeply uncomfortable for many but the majority should muddle through.

Evening Standard · Aug 5, 2022

US job growth surges, tempering recession fears and pressing Fed

U.S. employers added more jobs in July than forecast, illustrating rock-solid labor demand that tempers recession fears and suggests the Federal Reserve will press on with steep interest-rate hikes to thwart inflation.

Tribune News Service · Aug 5, 2022

The 3 Best ETFs for Conservative Investors

The odds of a recession is rising amid the relentless inflation and the Fed’s hawkish stance on it. Market uncertainties are widespread, and investors must exercise extreme caution at this hour. We think quality ETFs Consumer Staples Select Sector (XLP), Invesco Preferred (PGX), and Vanguard Utilities Index (VPU) could be…

StockNews.com · Aug 5, 2022