The Latest Breaking News from Recession

US Economy Not Headed For Recession Despite 14-month Decline Streak, Says Yardeni Research

Coincident Economic Indicators rise to record high, job openings remain strong, says report.

Zenger · Jun 26, 2023

3 Good Consumer Stock Buys for the Week

Amid rising recessionary concerns, investors could capitalize on consumer stocks as the industry witnesses an inelastic demand for its products. Therefore, investors could look to buy fundamentally strong consumer goods stocks The Procter & Gamble (PG), Edgewell Personal Care (EPC), and ACCO Brands (ACCO). Keep reading.

StockNews.com · Jun 26, 2023

It’s Brexit that cranks up inflation. Don’t just blame the Bank

Policymakers are too quick to slow the economy and risk recession when the solution is to rejoin the EU

The Guardian - UK · Jun 25, 2023

1 in 5 Boomers are Delaying Retirement Due to Concerns of Recession

About 70% of baby boomers are worried about a potential recession, with 22% planning on delaying their retirement.

Kiplinger · Jun 23, 2023

Stocks Fall on Economic Gloom Driven by Weak PMI Reports

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.11%. U.S. stocks are being undercut by today’s weak U.S....

Barchart · Jun 23, 2023

3 Momentum Stocks to Start Watching

The Fed’s multiple rate hikes to curb the stubbornly high inflation have led to heightened recessionary fears. Despite the uncertainties, fundamentally strong stocks ASML Holding (ASML), ASSA ABLOY (ASAZY), and Banco BBVA Argentina (BBAR) have gained momentum and could be worth adding to your watchlists. Read more.

StockNews.com · Jun 23, 2023

Inflation won’t disappear on its own. The Bank of England will need to plunge us into recession

City voices: Without economic pain, nothing changes

Evening Standard · Jun 23, 2023

Mortgages - live: Hunt unveils new help for homeowners after crunch meeting with banks

Lenders agree borrowers will have more flexibility without credit score being affected, chancellor says

The Independent UK · Jun 23, 2023

Markets predict 6% UK interest rate by end of year

Rates will remain at level until summer 2024 after Bank of England hikes benchmark rate by half a percentage point

The Guardian - UK · Jun 22, 2023

Billionaire CEO Barry Sternlicht admits he was 'a little early' with his recession calls. 'I did not understand the strength of the consumer'

The head of Starwood Capital Group said it all comes down to the labor market. “People are employed and when people are employed, they spend money.”

Fortune · Jun 22, 2023