The Latest Breaking News from Recession

The stock market plunged yesterday after a hotter-than-expected inflation data release. Many analysts believe it will be hard for the Fed to tame the surging inflation without pushing the economy into a recession. However, the market downturn presents an opportunity for investors to scoop up quality small-cap stocks Civeo (CVEO),…

Oil prices fell on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe. Brent crude was down $1.92, or 1.8%, to $105.59 a barrel at 1202 GMT.

Tory ministers are under mounting to pressure to get to grips with the cost of living crisis amid predictions the UK economy is heading for recession.

The Office for National Statistics said GDP rose by 0.8% between January and March, down from growth of 1.3% in the previous three months.

Weakest growth for a year

The figures will increase fears that Britain is heading for another recession as a result of the cost-of-living crisis

The U.S. equity market has been in correction mode lately on concerns over the Fed’s hawkish stance in fighting decades-high inflation and geopolitical issues. Furthermore, many analysts expect the economy to slip into recession. Therefore, we think it could be wise to bet on high-dividend-yielding stocks Sibanye Stillwater (SBSW), ING…

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…

The call came from leading experts who have warned they believe more than 250,000 households will “slide into destitution” next year