The Latest Breaking News from Recession

Global central bankers aren't taking their foot from the rate hike pedal, even if its means near-term recession, and that has stocks facing their worst start to the year since 1970.

London (AFP) - World stock markets mostly sank Thursday on intensifying recession fears, while oil prices receded before an OPEC output decision.

Homeowners will face mortgage rates near 5.5% in a little over a year, according to a survey of 22 leading Australian economists.

Hong Kong (AFP) - Most Asian markets fell again Thursday as traders fear that hefty rate hikes to rein in soaring inflation will spark a recession, though a slight improvement in Chinese data did provide some cheer.

The Australian share market has wrapped up the financial year sharply lower, with health care the only sector to close in the green. Meanwhile, AGL has told shareholders Brookfield has bought into the company through a subsidiary.

New York (AFP) - Asian and European stock markets nursed losses Wednesday on resurgent fears that sharp interest rate hikes aimed at tackling runaway inflation could spark recession.

Many Wall Street analysts fear a recession and its impact on the companies in its sector. Nick Setyan, managing director at Wedbush Securities covering the restaurant sector, does not. He explained his stance on PreMaret Prep Plus on Wednesday and shared a few picks and a pan.

The stock market has witnessed a sharp decline since the beginning of the year due to geopolitical uncertainties and macroeconomic headwinds. Amid the concerns surrounding a potential recession, Arcimoto (FUV), Beyond Meat (BYND), and Nikola (NKLA) possess a significant short interest, implying bearish sentiment surrounding them. Moreover, these stocks are…

Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession.