The Latest Breaking News from Recession

Rising mortgage rates have slowed the housing market across the nation and Southern California. Sales are down, inventory is rising and many prospective buyers and sellers have a simple question: Will home prices fall?

Confidence among Colorado business leaders has plunged, with one in five now saying the U.S. economy has already entered a recession and nearly three in five expecting the downturn to arrive sometime next year, according to the latest Leeds Business Confidence Index from the University of Colorado Boulder.

If the United States enters a recession and housing prices stagnate or fall, homeowners in parts of California, Delaware, Illinois, Indiana and New Jersey are most at risk of owing more than their houses are worth or losing their homes to foreclosure, according to a new analysis.

The stock market fell Thursday on economic and inflation data and fears of a recession.

The broad market sell-off due to the persistently high inflation, rising rates, and looming recession fears have led several fundamentally sound stocks to decline significantly in price. However, with experts advising to continue investing for the long-term horizon, could beaten-down stocks AstroNova (ALOT), AdvanSix (ASIX), JBS (JBSAY), and ArcelorMittal (MT)…

High inflation pressure, the Fed’s interest rate hikes, and prospects of a recession are weighing heavily on the market sentiment lately. As these factors are likely to persist for quite some time, prominent mid-cap stocks Mitsubishi Chemical (MTLHY), Ipsen (IPSEY), AutoNation (AN), and KT Corporation (KT) appear ideal additions to…

New York (AFP) - World stock markets mostly sank Thursday on intensifying recession fears, while oil prices receded after an OPEC decision to proceed with a limited boost to output.

Concerns over the Federal Reserve’s aggressive interest rate hikes to fight elevated inflation and the possibility of the economy tipping into a recession have fostered significant volatility in the market of late. Despite the market uncertainties, Wall Street analysts expect fundamentally sound sub-$5 stocks Provention Bio (PRVB) and Trevi (TRVI)…

The stock market has witnessed a free fall since the beginning of the year due to the Fed’s interest rate hikes and the recession fears. Moreover, interest rates are expected to rise further this year. Given the heightened volatility in the market, we think low beta mega stocks Johnson &…

London (AFP) - World stock markets mostly sank Thursday on intensifying recession fears, while oil prices receded after an OPEC decision to proceed with only a limited boost to output.

With analysts forecasting a recession later this year, investors should consider investing in almost recession-proof stocks. To that end, it could be wise to consider investing in drug store operator Walgreens Boots Alliance (WBA) as the demand for drugs remains stable irrespective of the economic conditions. With robust financials and…