The Latest Breaking News from Recession

US economy shrinks 1.4 per cent as concerns of recession rise

Increased Covid-19 cases, declines in exports and the end of cash payments to individuals all contributed to the decline

The Independent UK · Apr 28, 2022

US economy shrank by 1.4% in Q1 but consumers kept spending

The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4% annual rate, yet consumers and businesses kept spending in a sign of underlying resilience

The Independent UK · Apr 28, 2022

Tisco sounds recession alarm on Fed interest rate hikes

The Federal Reserve could raise interest rates to 3.5% by the middle of next year to curb spiralling inflation, tipping the world economy into a recession, according to the Economic Strategy Unit of Tisco Financial Group (Tisco ESU).

Bangkok Post · Apr 26, 2022

FTSE 100: Markets tumble across the globe on China and Germany fears

Markets tumbled across the globe today on fears China is heading for a sharp slowdown and the expectation that America is poised to ratchet up interest rates.

Evening Standard · Apr 25, 2022

Busy restaurants belie a tale of tightening belts in cost-of-living crisis

Consumer spending, still partially buoyed by lockdown savings, is about to take a hit. But will it mean recession?

The Guardian - UK · Apr 23, 2022

Global economy: Back to the Valley of Death

Since the global economic crisis that originated in the United States 14 years ago, the world economy has faced regular bouts of volatility. Massive capital injections helped the US economy recover from the initial shock in 2008, but also pushed other economies with structural problems, including some in Europe, into…

Bangkok Post · Apr 22, 2022

French polls may show support for local control

The problems with these dismal elections are many -- low turnout, moribund public debate, the popularity of politicians running as Putinist populists, and an uninspiring incumbent president, Emmanuel Macron. But at the heart of the French democratic recession is a void where local democracy should be.

Bangkok Post · Apr 22, 2022

Cost of living crisis dragging country into recession - and seven steps to avoid it

When asked by YouGov about their economic expectations for the coming year, most people reported that their hopes had never been lower. The country is facing an economic crisis

Daily Mirror · Apr 22, 2022

Bear Market Scare? Inflation & Inverted Yield Curve

Goldman Sachs has elevated their recession and bear market indicator to 35% odds of happening within the next 2 years. That may not sound that alarming at first, but do realize that most bear markets come around when less than 50% of experts predict it’s on the way. So this…

StockNews.com · Apr 22, 2022

Recession warning as confidence among shoppers falls to lowest since 2008 financial crash

Economy could soon shrink as shoppers slash spending and businesses take a hit

The Independent UK · Apr 22, 2022