The Latest Breaking News from Recession

McColl’s saga is lesson banks must take onboard with recession looming

A rescue was on offer, so there was no need to create extra uncertainty by calling in the administrators

The Guardian - UK · May 9, 2022

27 Recession-Resistant Stocks To Look At Now

When we enter a period of economic uncertainty, the phrase "recession-proof stocks" is tossed about, but really the only certainty is that recession-proof stocks do not exist. On the other hand, recession-resistant companies are what a savvy investor searches for during the absence of a bull market, as we are now.

Benzinga · May 9, 2022

EXPLAINER: Recession fears grow. But how high is the risk?

Inflation is at a 40-year high

The Independent UK · May 9, 2022

What will Rishi Sunak do about the cost of living crisis?

Analysis: The chancellor has been warned that the UK is heading for a recession, but he is reluctant to act

The Guardian - UK · May 6, 2022

3 High-Yield Dividend Stocks to Buy in May: GlaxoSmithKline, A.P. Moeller-Maersk, and ENI

With the latest federal interest rate hike and the possibility of further monetary policy tightening, market indices have been going haywire. Because volatility is expected to persist, with experts fearing the economy will slip into recession, we think it could be wise to bet on high dividend-yielding stocks GlaxoSmithKline (GSK),…

StockNews.com · May 6, 2022

Spotting early-stage baldness is a predictive power I’m proud of

In A 1966 article for Newsweek, the Nobel Prize-winning economist Paul Samuelson remarked that the stock market had forecast “nine of the past five recessions”. I like to think my record is somewhat less patchy, but alas I’m not referring to negative growth. At least, not of the economic variety.…

Evening Standard · May 6, 2022

4 Stocks to Own to Recession-Proof Your Portfolio

According to experts, the Federal Reserve's efforts to control surging inflation by raising interest rates and reducing the size of its balance sheet could eventually tip the nation’s economy into a recession. Furthermore, a plunge in GDP in the first quarter has amplified the risk of a recession this year.…

StockNews.com · May 6, 2022

Is the UK heading for a recession and what would that mean for my money? Explained

The Bank of England yesterday issued a stark warning to the British public that the economy is at risk of slipping into a recession as it raised interest rates to 1%

Daily Mirror · May 6, 2022

Black and Asian unemployment rate more than double that of white people as recession looms

Black households face being disproportionately impacted by the cost of living crisis

The Independent UK · May 6, 2022

FOREX-Dollar near 20-year Highs amid Global Markets Rout

The dollar index hovered near 20-year highs against major peers on Friday, as market sell-offs in the face of global recession fears propped up the safe haven currency. European stocks opened lower and were heading for their worst week in two months, following a rout on Wall Street, Reuters said.…

Asharq Al-Awsat · May 6, 2022