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The Latest Breaking News from Recession

The stock market started the second half of the year with gains. Moreover, the U.S. economy might succeed in dodging a recession, while the Fed is expected to reduce rates later this year. Given this backdrop, we think the dip in Buy-rated stocks Coca-Cola (KO) and Procter & Gamble (PG)…

StockNews.com

What's Going On With PayPal Shares Today?

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading higher by 4.01% to $74.26 during Tuesday's trading session. Shares of e-commerce and e-commerce-related companies at large are trading higher Tuesday amid volatility in stocks as traders assess the possibility of a recession.

Benzinga

Here's Why Canadian Natural Resources Shares Are Falling Sharply Today

Canadian Natural Resources Ltd (NYSE: CNQ) shares are trading lower by 8.51% to $50.11 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

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So What's Going On With Schlumberger Shares Nosediving Today?

Schlumberger NV (NYSE: SLB) shares are trading lower by 7.80% to $32.87 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Hess Shares Are Getting Hammered Today

Hess Corp. (NYSE: HES) shares are trading lower by 8.41% to $96.47 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Shell Shares Are Getting Hammered Today

Shell PLC (NYSE: SHEL) shares are trading lower by 7.03% to $48.25 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Bank Of America Shares Are Falling Today

Bank of America Corp (NYSE: BAC) shares are trading lower by 2.36% to $30.82 Tuesday afternoon. Shares of banks and financial services companies are trading lower Tuesday amid broader economic concerns as traders assess the possibility of a recession.

Benzinga

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Gas Prices Haven't Fallen This Fast Since COVID; Why Oil May Plummet To $65 Per Barrel This Year

Tuesday’s decline in oil prices comes as analysts consider the impact of a potential global recession on demand.

Benzinga

What's Going On With Amazon Shares Today?

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading higher by 3.05% to $112.90 during Tuesday's trading session. Shares of retail companies at large are trading higher Tuesday amid volatility in stocks as traders assess the possibility of a recession.

Benzinga

U.S. Oil Plunges Under $96 As Recession Fears Mount; Gas Prices Set To Tumble

U.S. crude prices fell below the $100 mark for the first time since early May Tuesday, setting up a near-term tumble for domestic gas prices - but further cementing the case for a near-term recession.

The Street

Long, moderate and painful: What next US recession may look like

Recessions, like unhappy families, are each painful in their own way.

Tribune News Service

Why Lower Prices Could be a Bad Thing

Prices for gasoline and other commodities have fallen in the last month, but that may not be a great sign for the economy.

The Street

Markets slump as recession fears grip investors

London (AFP) - Stock markets sank and oil prices plummeted Tuesday as fears mounted that major economies will slide into recession as inflation soars, with the euro slumping towards parity with the dollar.

AFP

Euro Value Drops Again Amid Recession Concerns Across US And Other Leading Economies

The value of the euro, as compared to the U.S. dollar (USD), has hit a 20 year low.

Benzinga

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Benzinga

Why JPMorgan Chase Stock Is Falling Today

JPMorgan Chase & Co (NYSE: JPM) shares are trading lower Tuesday alongside several banks and financial services companies amid broader economic concerns as the market continues to assess the possibility of a recession.

The Guardian - UK

European stock markets tumble on rising fears of recession

Euro slumps to 20-year low against US dollar as jump in natural gas prices intensifies economic strain

Investors Business Daily

Stock Market Falls After 4th Of July Holiday As Recession Fears Mount; Mining And Metals Lead Declines

The stock market fell Tuesday morning as recession fears continued to mount. Metals and mining stocks led declines.

Benzinga

What's Going On With Exxon Mobil Shares Falling Today?

Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.42% to $85.43 during Tuesday's trading session. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

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news in one place.

100’s of premium titles.
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Benzinga

Why BP Shares Are Diving Today

BP plc (NYSE: BP) shares are trading lower by 3.80% to $27.20 Tuesday morning. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Los Angeles Times

With a recession looming, here's what you need to know about unemployment insurance

The U.S. economy contracted by 1.6% in the first quarter of this year, setting the stage for a recession if economic output declines again in the second quarter, said economist Anil K. Puri, director of the Woods Center at Cal State Fullerton.

The New Daily

‘Inflationary storm’: RBA hikes interest rates to contain fallout as prices surge

The Reserve Bank has slapped households with another painful interest rates hike in July as it tries to curb soaring inflation.

The Street

Stock Market Today - 7/5: Stocks End Mixed On Recession Fears; Dollar Hits Two-Decade Peak

Stocks bounce back as tech stocks surge as investors focus on growth and inflation prospects in the world's biggest economy.

The Street

Stocks Slide On Recession Fears, Week Ahead, Tesla, Exxon And SAS - Five Things To Know

Stock futures lower as recession concerns mount; Week Ahead: Fed minutes, jobs report in focus; Tesla shares slide after Q2 delivery slump; Exxon shares jump on record Q2 profit bet and Swedish airline SAS files for bankruptcy in the U.S.

AFP

Euro slumps as recession risk stalks eurozone

London (AFP) - The euro on Tuesday slumped to its lowest level since 2002 and European stock markets sank as growing recession risks sent shockwaves around the region.

AFP

Markets mostly up on talk Biden to roll back some China tariffs

Hong Kong (AFP) - Most markets rose Tuesday on growing speculation US President Joe Biden is about to roll back some of the Trump-era tariffs on Chinese goods as he looks for ways to rein in inflation, though sentiment remains at a premium owing to fears of a recession.

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