The Latest Breaking News from Recession

FTSE 100 slide as recession fears weigh on markets – as it happened

Rolling coverage of the latest economic and financial news, as European stocks drop after Wall Street’s worst day since 2020

The Guardian - UK · May 19, 2022

Abrdn bosses forced to defend rebrand again at AGM

Chief executive also reveals that a likely recession would make revenue generation harder this year

Insider UK · May 19, 2022

Zelenskiy says Donbas is ‘completely destroyed’ – as it happened

Russian minister says access to Ukrainian Black Sea ports linked to sanctions; Ukrainian PM compares Donbas to hell

The Guardian - AU · May 19, 2022

Powell: Fed to keep hiking rates until it controls inflation

Chair Jerome Powell underscored the Federal Reserve’s determination to keep raising interest rates until it has brought inflation under control — a high-stakes effort that carries the risk of causing an eventual recession

The Independent UK · May 17, 2022

Looking to Bottom Fish? 5 Stocks Down 32% - 42% to Buy Now

Concerns over geopolitical tensions, sky-high inflation, and a potential recession due to the Fed’s hawkish stance have driven the stock market to a significant sell-off of late. However, the recent market correction could be a good opportunity for investors to scoop up the stocks of fundamentally sound companies NICE (NICE),…

StockNews.com · May 17, 2022

Elon Musk Says US Is Already In A Recession, Could Last Up To 18 Months Before 'Boom Time Again'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Monday the U.S. is probably in a recession— and added that it could get worse and last up to a year-and-a-half.

Benzinga · May 17, 2022

Elon Musk sees US as 'probably' in recession lasting up to 18 months

NEW YORK: Elon Musk said that the US economy was "probably" in a recession -- a judgment at odds with economists and available data -- and cautioned companies to watch costs and cash flows.

The Times of India · May 17, 2022

ASX rises despite economic worries, Wall Street struggles on recession risk

Mining and energy companies propped up the Australian share market on Tuesday, though worries about a global economic slowdown and aggressive interest rate hikes kept sentiment in check.

ABC News · May 16, 2022

The Strategists: Morrison rolls dice on super-for-housing in final attempt to close Labor’s lead

To help us bridge the gap between the polls and reality, TND's strategists are back to sharpen our focus on the issues that could sway the result on May 21.

The New Daily · May 16, 2022

2 Buy-Rated Dow Jones Stocks to Add to Your Portfolio Now

Investors’ concerns over a potential recession due to the Fed’s policy measures to control inflation wreaked havoc on the stock market over the past few weeks. However, the recovery of the major stock-market indexes in the last trading session indicates that the market could be leveling off. With the possibility…

StockNews.com · May 16, 2022