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The Latest Breaking News from Recession

Five key things to know about the "is this a recession" controversy

It's hard to recall a White House deploying as much effort to pre-spin economic data.

Axios

US consumer confidence falls for third consecutive month as recession fears loom

Inflation and rate hikes expected to create further headwinds in coming months as midterm elections move closer

The Independent UK

World is 'teetering on the edge of recession' as UK set to be weakest G7 economy

The outlook from the IMF isn't rosy

Wales Online

From analysis to the latest developments in health,
read the most diverse news in one place.

Biden fights talk of recession as key economic report looms

President Joe Biden wants to convince a skeptical public that the U.S. is not, in fact, heading into a recession

The Independent UK

US economy sending mixed signals: Here's what it all means

The U.S. economy is caught in an awkward, painful place

The Independent UK

The 3 Best Stocks to Hedge Against Inflation

With inflation at a multi-decade high and the Fed’s aggressive interest rate hikes increasing the odds of a recession, the stock market is expected to remain highly volatile in the upcoming months. So we think investing in fundamentally sound stocks Coca-Cola (KO), Marathon Oil (MRO), and Weis Markets (WMK) could…

StockNews.com

Rishi Sunak and Liz Truss intensify attacks during hard-fought Tory leadership TV debate

The former chancellor claimed there was 'nothing Conservative' about Ms Truss's approach

Manchester Evening News

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‘Gloves are off’: what the papers say about the Tory leadership TV debate

Tax cuts and recession fears among the front page topics as the fight between Rishi Sunak and Liz Truss intensifies in first televised debate

The Guardian - AU

Bitcoin, Ethereum, Dogecoin Plunge As Rate Hike, Recession Fears Pin Down Risk Assets: Here Are 2 Key Apex Crypto Time Frames

Major coins declined sharply Monday evening as the global cryptocurrency market cap fell 5.9% to $979.9 billion at press time.

Benzinga

Biden's juggling act: Recession optimism could backfire

"I don't think, God willing, we're going to see a recession," Biden said Monday. "I'll be surprised."

Axios

Sunak and Truss intensify attacks during hard fought Tory leadership TV debate

Former chancellor Mr Sunak claimed there is ‘nothing Conservative’ about Ms Truss’s approach.

The Independent UK

Conservative leadership race: Rishi Sunak and Liz Truss intensify attacks during Tory leadership TV debate

The pair clashed after a weekend that saw allies of the two Tory leadership hopefuls trade increasingly personal attacks

Evening Standard

Did The White House Just Change The Definition Of A Recession? Here's What Michael Burry Thinks

The White House shared a blog post explaining whether the U.S. economy was in a recession. The blog post may have changed the underlying factors of what considerations make a recession happen, something that caught the attention of noted investor Michael Burry.

Benzinga

Tory leadership debate turns bad-tempered between Rishi Sunak and Liz Truss

The former chancellor and current foreign secretary clashed over economics

Wales Online

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news in one place.

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Axios

Biden: "We're not going to be in a recession"

The Commerce Department will release its initial estimate of second-quarter growth on Thursday.

The Independent UK

Tory leadership hopefuls trash economic plans in first head-to-head TV showdown

Rishi Sunak and Liz Truss are the two contenders to succeed Boris Johnson.

StockNews.com

Solid Momentum Makes These 3 Stocks "Strong Buys"

The stock market has recently been exceedingly turbulent. And, given that the market volatility is projected to persist for the foreseeable future with the increased odds of a recession, we believe it is prudent to scoop up shares of quality companies Adams Resources & Energy (AE), Friedman Industries (FRD), and…

StockNews.com

4 Downgraded Stocks You'll Want to Sell or Avoid Right Now

With the growing odds of the economy tipping into a recession due to an aggressive monetary policy tightening to tame the sky-high inflation, it could be difficult for fundamentally weak stocks to stay afloat. Invesco (IVZ), Kymera (KYMR), Mogo (MOGO), and Sana Biotechnology (SANA) have been recently downgraded by our…

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StockNews.com

3 Growth Stocks Investors Need to Snatch up Fast

The Fed’s aggressive rate hikes are increasing the possibility of an economic recession. However, analysts think it is better to stay invested. Hence, we think it could be wise to add fundamentally sound growth stocks Alpha Metallurgical (AMR), Cenovus Energy (CVE), and Diamondback Energy (FANG) to your portfolio now. Keep…

StockNews.com

3 Safe Dividend Stocks to Buy in the Second Half of 2022

The market outlook seems dismal ahead of the Fed’s anticipated July rate hike announcement. Amid rising recession fears, more investors prefer dividend stocks for stable income assurance. Moreover, with dividend payouts slated to increase, we think it could be wise to invest in quality dividend stocks Nucor (NUE), The Procter…

StockNews.com

2 Cruise Ship Stocks to Short the Rest of 2022

High inflation and the Fed's aggressive stance to combat it have increased the likelihood of a recession. Furthermore, while the cruise sector barely survived the pandemic, an economic downturn might obliterate its liquidity. So, we think it could be wise to avoid the shares of struggling cruise ship stocks Carnival…

The Guardian - US

Judge blocks Georgia DA from investigating ‘fake elector’ in setback for Trump inquiry – as it happened

Judge’s decision considered a complication in inquiry widely seen as one of the best chances of holding Trump liable for his ‘big lie’

Al Jazeera

‘Uncharted territory’: Five key takeaways on US inflation

What consumers feeling the pain of rising food and fuel prices need to know.

The Independent UK

Yellen downplays US recession as wave of economic data looms

Treasury Secretary Janet Yellen says the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession

Tribune News Service

Yellen says signs of US recession aren’t in sight for now

WASHINGTON — Treasury Secretary Janet Yellen expressed confidence in the Federal Reserve’s fight against inflation and said she doesn’t see any sign that the U.S. economy is in a broad recession.

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