The Latest Breaking News from Recession

Brussels (AFP) - The eurozone economy will grow more than previously forecast in 2023 as the energy crisis eases and the single currency area "narrowly" avoids recession this winter, the European Commission said Monday.

Europe's economic prospects are looking up, at least a little

Dodging a recession PLUS Awaab's Law has stopped family from feeling ‘alone’ AND ‘Skyrocketing’ costs force closure

Despite the cooling down of inflation, the January job surge might prompt the Fed to raise interest rates higher than expected by the end of the year. And progressive rate hikes could push the economy into a recession. Amid growing recession fears, investors could consider buying fundamentally strong stocks Walmart…

As any A-level economics teacher will tell you, the key to explaining the concept of falling inflation is that while prices are still rising, they are doing so at a slower rate.

High inflation dampened consumer demand, as retail sales declined sequentially in December. However, with inflation starting to ease and the odds of a recession declining, consumer spending could rise this year. Therefore, investors could look to buy fundamentally strong big box retailers Albertsons Companies (ACI), Casey's General Stores (CASY), and…

Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps

Despite eased inflation, the robust jobs report raised the prospect of progressive rate hikes. With anxiety escalating about the possibility of a Fed-induced recession, the market volatility is expected to remain elevated in the near future. Hence, investors could consider fundamentally sound and stable stocks Novartis (NVS), Descartes Systems (DSGX),…

Marginal expansions and contractions in 2023 will do little to solve a lack of investment and export shortfall