The Latest Breaking News from Recession

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 · Jul 5, 2022

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 · Jul 5, 2022

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 · Jul 5, 2022

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.

Los Angeles Times · Jul 5, 2022

‘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 New Daily · Jul 5, 2022

2 Buy-Rated Dividend Stocks - Which One has the Most Upside?

The market is expected to remain under pressure due to the Fed’s rate hikes and the rising recession concerns. Amid this backdrop, dividend-paying stocks Broadcom (AVGO) and Shell (SHEL) are expected to gain investors’ interest due to their stable dividend payouts and high yields. Both the stocks are Buy-rated in…

StockNews.com · Jul 4, 2022

Pick Up This Sturdy Consumer Staple Stock in Times of Trouble

Given the growing concerns over the Fed’s hawkish stance to tame the rising inflation and the possibility of the economy tipping into a recession, it could be wise to invest in fundamentally solid consumer staple stock General Mills (GIS). Consumer staples stocks are seen as recession-proof due to the non-cyclical…

StockNews.com · Jul 4, 2022

Bruised emerging markets are battle-ready for a US recession

Emerging markets are well positioned to stare down a US recession and may even be able to lure investors their way.

Bangkok Post · Jul 4, 2022

Can we avoid a recession? What we can learn from the Kiwis

New Zealand property prices have fallen every month this year following a series of punishing interest rate hikes that began last October. So far, the hikes have yet to dent inflation.

ABC News · Jul 4, 2022

Oil Prices Slip as Recession Fears Rumble On, Tight Supply Stems Losses

Oil prices fell on Monday, paring gains from the previous session, as fears of a global recession weighed on the market even as supply remains tight amid lower OPEC output, unrest in Libya and sanctions on Russia. Brent crude futures for September slipped 36 cents, or 0.3%, to $111.27 a…

Asharq Al-Awsat · Jul 4, 2022