The Latest Breaking News from Recession

The banking giant said it had already seen an increase in the number of people defaulting on their mortgages

Despite a slowdown in the Fed’s rate hike aggression, recession probabilities are still widespread. However, given the robust demand for tech products and services, the prospects of the industry look bright. Therefore, investors could buy quality tech stock Salesforce (CRM), regardless of a recession. However, fundamentally weak BlackBerry (BB) might…

Pound edges up as stronger economic growth increases chances of further interest rate rises

With 10-year yields testing 4% and earnings likely headed into recession, the S&P 500 is under extended pressure this week as the Fed continues its hawkish rate signaling.

The combination of resilient job growth, sticky inflation, and high retail sales could keep the Fed’s strict rate hikes in place for quite some time. With recession odds soaring alongside, quality stocks Walmart (WMT) and Flowers Foods (FLO) might be ideal buys now. Read on….

London (AFP) - Equities slid on Tuesday, with investors brushing off positive data as a risk that central banks will push interest rates higher and economies into recession.

The economy defied fears of a recession and previous predictions that it would contract by more than 12 percent.

February private-sector output was up for the first time since July 2022, according to S&P Global

Economists are warning Australia is at a heightened risk of recession in 2023 as the Reserve Bank keeps aggressively raising interest rates, with a per capita recession looking likely.