The Latest Breaking News from Recession

Is Warren Buffett Expecting a Recession With His $325 Billion Cash Pile and Selling 50% of Apple Stake, Or Does He Just Expect Apple to Underperform?

Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) recently sold nearly half of its stake in Apple Inc. (AAPL) while also reducing stakes in other major companies. Some stocks he is buying, such as Ulta Beauty (ULTA) , are considered more resilient in economic downturns, leading some investors to worry that the...

Barchart · Nov 11, 2024

Factory closures threaten thousands of jobs in France, industry minister warns

Factory closures in France are expected to affect "thousands of jobs" in the coming weeks and months, Industry Minister Marc Ferracci warned on Saturday, days after two of the country's largest employers announced layoffs amid a deepening recession in France's manufacturing industry.

Radio France Internationale · Nov 9, 2024

‘Ray of hope’: German economy grows 0.2% ending recession fears

Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending

The Guardian - UK · Oct 30, 2024

Disney’s future is now in the hands of the Morgan Stanley CEO who brought the bank out of the Great Recession

James Gorman's history of strategic leadership is now being leveraged to select the next CEO of Disney.

Fortune · Oct 24, 2024

Millennials 'scarred from the Great Recession and COVID' are financially outperforming Gen Xers and boomers at the same age

A new study from LendingTree found millennials have a higher net worth than Gen X and baby boomers at similar ages.

Fortune · Oct 21, 2024

3 European Stocks to Buy as the Region Recovers

Recent data reveals that the eurozone economy has narrowly skirted a recession, showing lukewarm yet positive growth. With the EU and euro area expected to grow steadily over the next two years, investing in quality stocks like Novo Nordisk (NVO), SAP SE (SAP), and Shell plc (SHEL) could be beneficial.…

StockNews.com · Oct 16, 2024

Austerity and recession: 3 simple graphs that explain New Zealand’s economic crisis

Economists working on macroeconomic policy – things like taxes and spending, interest rates and border controls on flows of trade and money – often refer to a set of key relationships governments can influence. In the textbooks, each of those relationships is drawn as a curve in a graph.

The Conversation · Oct 15, 2024

Why Its Time to Buy Small Cap Stocks

The S&P 500 (SPY) is making new record highs, but oddly small caps are heading lower in October. Why is that? And why does 44 year investment veteran say that now is the perfect time to buy up small caps for a big rally ahead? Read on for more.

StockNews.com · Oct 11, 2024

JPMorgan Chase Profits Top Estimates, Bank Sees 'Resilient' US Economy

JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession.

International Business Times · Oct 11, 2024

Against all odds, Victoria’s Secret survived the Great Recession

From the new book "Selling Sexy: Victoria’s Secret and the Unraveling of an American icon."

Fortune · Oct 11, 2024