The Latest Breaking News from Recession

Analysis: Fall in GDP in April also increases probability of 0.25-point increase in interest rates this week

THE UK has plunged further towards financial crisis after it was revealed the economy contracted for the second month in a row in April.

'Right now, we are in a vortex, on the way to recession. We’re looking at the economy contracting, job losses, business closures. It’s a f**king firestorm'

Larry Summers took issue with current Treasury Secretary Janet Yellen’s assessment of recession risk

Households in the UK are “going to go into recession this year”, according to the head of the Confederation of British Industry (CBI).

CBI boss warns ‘a summer of politics like we’ve had in the last week... will undermine confidence. “

The stock market has been witnessing wild swings lately amid growing concerns over the Fed’s aggressive interest rate hikes to combat the multi-decade high inflation, supply bottlenecks, ongoing geopolitical crisis, and possibility of a recession. However, wide-moat stocks have competitive advantages and tend to outperform their peers in the long…

Last week I was a "Doubting Thomas" when it came to the staying power of the recent S&P 500 (SPY) rally. It just looked like yet another in a long line of failed bounces in 2022 before the next leg lower. Gladly this recent bounce gave us the opportunity to…

Analysts grow cautious regarding Netflix, Inc (NASDAQ:NFLX) over brewing competition in the post-Covid world. Needham analyst Laura Martin saw Netflix as unlikely to win the Streaming Wars pending launch of a lower-priced ad-driven tier, adding Sports and News content, bundling with other products, and acquiring an extensive film and TV content library.  Every major streaming competitor does one or…