The Latest Breaking News from Recession

After a long day of cajoling fellow MPs, Tory leadership candidates may have been cheered by some unexpected economic good news. GDP rose by 0.5 per cent in May, raising the prospect that the UK can avoid a recession.

Asian stocks fought back Wednesday to recover some of the losses suffered at the start of the week, while oil also bounced from a rout, though recession alarms continue to ring loud.

Economists predict a recession in Australia isn't near yet but it's being talked about as an increasing possibility. So what could it mean? 

Stocks fall after US inflation jumps to 9.1%, as UK economy grows faster than expected by 0.5% in May

2022 has not been fun as the S&P 500 (SPY) has spent the better part of the last month in bear market territory. For as painful as that is there is good reason to believe that the worst is still to come. Why is that? How much lower can stocks…

Technology companies are finding it tougher to attract investment as the cost of borrowing money gets more expensive, leading to thousands of job cuts across the global tech sector.

Oil prices might soar higher as demand continues to outstrip supply. And we think energy stocks Adams Resources & Energy (AE), TotalEnergies (TTE), and Devon Energy (DVN) are well-positioned to benefit from the industry tailwinds and might be solid buys. However, as oil prices have receded lately on recession fears,…

NASA unveiled a series of dramatic full-color photographs taken by the James Webb Space Telescope, offering the deepest imagery ever captured of the distant edges of the universe.

Commodity prices have plummeted over the past few weeks on concerns over a global recession. However, amid the inflationary pressure, the growing demand for essential commodities should benefit Ryerson Holding Corp. (RYI), Southern Copper (SCCO), and Cameco Corp. (CCJ). Read on….

Recession fears and China COVID curbs weigh on oil; Brent and WTI slide by more than $6 a barrel

After a stellar run during the height of the COVID-19 pandemic, shares of interactive fitness platform Peloton Interactive (PTON) have lost significantly and are currently trading 93% below its 52-week high due to weakened demand. With recession fears looming, the company may witness further sales decline. Investors should avoid the…