The Latest Breaking News from Recession

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question to more than 1,000 traders and investors as to how likely they view a recession occurring in…

The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment rate remained at a 70-year low of 3.6%.

The economy may not be coming in for a landing after all.

The Fed officials are supporting another big rate hike this month to tame inflation, adding to the recession worries. Amid the recessionary pressures, consumers turn their spending to necessary items like food. Hence, we think food makers Pilgrim’s Pride (PPC) and Sanderson Farms (SAFM) might be solid buys. Read on….

Concerns over the rising macroeconomic headwinds have led to a massive market sell-off over the past couple of months. This has led to once investor favorite stocks, Shopify Inc. (SHOP), Block, Inc. (SQ), and Roblox Corporation (RBLX), dropping more than 50% year-to-date. However, given the increasing odds of a recession…

The blistering inflation and rising recession odds have led to low consumer sentiment. And the market volatility is expected to remain in the near term. So, we think fundamentally solid stocks Lamar Advertising (LAMR), EPR Properties (EPR), Merck & Co. (MRK), and Tenaris (TS), which analysts recently upgraded, could be…

A major recession is forecast for this time next year

Shopify (SHOP) dropped 16.7% in June as it struggled with falling consumer spending amid the surging inflation. With rising recession fears and an expected decline in consumer spending, is the stock due for further price decline, or can it survive the challenges and rebound? Read on to learn our view….

U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.

City Voices: Britain will do better than the EU and the US this year

Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up the tight global supply concerns against recession fears. Brent crude futures rose 48 cents, or 0.5%, to $105.13 a barrel by 0630 GMT, after a near 4% rise on Thursday, Reuters…