The Latest Breaking News from Recession

Slowdown in private sector growth ‘reignites recession worries’

The closely watched S&P Global /CIPS Flash PMI came in much lower than expected

Evening Standard · Jul 24, 2023

Pound on worst run since March 2020 with UK economy ‘close to stalling’; some Gatwick strikes suspended – as it happened

UK private sector growth slowed to six-month low this month, while DHL workers have cancelled Gatwick strikes and other strikes are suspended

The Guardian - UK · Jul 24, 2023

America has avoided a recession. But don’t thank the Fed—thank the corporate sector, says top strategist

"It is indeed a mad, mad world," says Société Générale's Albert Edwards. “What on earth is going on? Something very strange has happened…”

Fortune · Jul 21, 2023

Australia is on the brink of ending interest rate hikes and an economic first – beating inflation without a recession

What if Reserve Bank Governor Philip Lowe and his successor Michele Bullock were able to achieve something truly remarkable – a steady decline in inflation without further interest rate increases, and without bringing on a recession.

The Conversation · Jul 18, 2023

Stock Market Today: Stocks Resume Rally on Easing Recession Fears

The major market indexes enjoyed broad-based gains ahead of a busy week for earnings.

Kiplinger · Jul 17, 2023

Stocks will hit a record high by the end of 2024 as the latest bull market rages on, veteran market watcher says

A "disinflationary soft landing" will send the S&P 500 to a record high between 4,800 and 5,400 over the next 18 months, the veteran market watcher says.

Fortune · Jul 17, 2023

CEOs are ready to let go of their recession fears

A new poll from Fortune reports that just 38% of CEOs are pessimistic about the global economy, down from 76% in October.

Fortune · Jul 17, 2023

Non-Sports Linear Ad Volume Seen Dropping 5% in Upfront

Prices are down for first time outside recessions, COVID-19

Broadcasting & Cable · Jul 13, 2023

‘Cause for concern but not panic’ — UK economy shrinks by 0.1% in May as bank holidays hit GDP

The extra bank holiday in May for the King’s coronation played a part in the decline

Evening Standard · Jul 13, 2023

Buy, Hold or Sell This Summer: Royal Caribbean Group (RCL) and Carnival Corporation (CCL)

The cruise industry might remain under pressure amid elevated interest rates and lingering recession fears. So, let’s analyze whether you should Buy, Hold or Sell Royal Caribbean Cruises (RCL) and Carnival Corporation (CCL).

StockNews.com · Jul 12, 2023