Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Recession

US debt standoff overshadows G7 finance leaders' meeting

A standoff in Washington over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders starting on Thursday, heightening U.S. recession fears as central banks seek a soft landing for the global economy.

Reuters

Biden warns ‘millions of jobs’ at risk if debt ceiling not raised

US president accuses Republicans of holding economy hostage by demanding spending cuts to raise debt limit.

Al Jazeera

Bangchak monitors crude prices amid recession fears

Thai energy conglomerate Bangchak Group is watching energy prices in the second quarter this year amid worries of a global recession, after posting a revenue increase of 16% in the first quarter.

Bangkok Post

From analysis to the latest developments in health,
read the most diverse news in one place.

2 Momentum Stocks to Buy for Maximum Profits

The Fed’s aggressive stance toward taming stubbornly high inflation and recessionary fears has weighed significantly on investors’ sentiments. Despite market volatility, quality momentum stocks PulteGroup (PHM) and YPF Sociedad (YPF) look poised to sustain the gains. Read on.

StockNews.com

3 Best Recession-Proof Stocks to Own

Amid fears of recession soaring, investors are loading up defensive stocks to safeguard their portfolios. Gold, often touted as a ‘safe-haven’ asset during uncertain times, could be a wise choice now, and hence, fundamentally strong gold stocks Gold Fields (GFI), Alamos Gold (AGI), and DRDGOLD (DRD) could be solid portfolio…

StockNews.com

What Are the 3 Best Gold Stocks to Buy Now?

Gold is usually seen as a safe-haven asset during troubled times. With rising concerns of a recession later this year, it could be wise to buy gold mining stocks B2Gold (BTG), Centamin (CELTF), and Dundee Precious Metals (DPMLF) to protect one’s portfolio against economic uncertainty and market volatility. Read more….

StockNews.com

Why Steve Reitmeister is Becoming More Bearish

40 year investment veteran Steve Reitmeister unveils new clues that point to increased odds of bear market and new lows on the way for the S&P 500 (SPY). Get his updated market outlook, trading plan and top picks in the article below.

StockNews.com

Read news from The Economist, FT, and more,
with one subscription

America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money

If the economy tanks in the months ahead, Powell will get the blame. If we avoid a recession, the politicians will claim credit.

Fortune

Best Tech Stock to Buy in A Recession

Although recession concerns affect most tech stocks, Adobe (ADBE) is able to maintain and grow its margins during any economic cycle due to its strong business model. With a recession expected by the end of the year, I believe it could be worth buying software giant Adobe (ADBE). Keep reading.

StockNews.com

Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns

The Independent UK

Official data confirms Australia in a 'consumer recession' as retail sales drop

Australians are buying significantly fewer goods at shops and department stores, new Australian Bureau of Statistics data show.

ABC News

Crude Prices Close Higher on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) on Monday closed up +1.82 (+2.55%), and June RBOB gasoline (RBM23 ) closed up +8.26 (+3.47%). Crude oil and gasoline prices Monday settled moderately higher. Crude prices rose Monday on carryover support from last Friday's stronger-than-expected U.S. Apr payroll report that eased recession fears...

Barchart

Can Joe Biden escape the fallout from the US banking crisis?

If president is not worried about re-election prospects after one of biggest economic bubbles of past 100 years, he should be

The Guardian - UK

Biden hopes strong job market means soft landing for economy

For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

The CEO of a massive private equity firm says he knows exactly what's going on with the 'non-recession' recession we're having right now

All the rules say the U.S. should be in recession, but a billionaire investor says it's being contained to the rich.

StockNews.com

Why Are Bear Market Odds on the Rise?

The S&P 500 (SPY) has been up, down and all around this past week thanks to the Fed statement followed by the Government Employment report on Friday. On some levels nothing has changed in the market outlook. However, looking further down the road some important things happened this week that…

Barchart

Cocoa Prices Settle Higher on a Broad-Based Commodity Rally

July ICE NY cocoa (CCN23 ) on Friday closed up +29 (+1.00%), and July ICE London cocoa #7 (CAK23 ) closed up +16 (+0.73%). Cocoa prices Friday posted moderate gains. Friday's stronger-than-expected U.S. Apr payrolls report eased concerns about a recession and sparked a broad-based rally in commodities. However, gains...

StockNews.com

The Power of Branding: 3 Stocks With Strong Brand Recognition to Buy

Looming concerns of a recession and the banking crisis might keep the stock market under pressure for longer. Amid heightened volatility in the stock market, Coca-Cola (KO), Starbucks (SBUX), and Chipotle Mexican Grill (CMG), which have solid brand recognition, might be ideal buys. Keep reading.

Get all your
news in one place.

100's of premium titles.
One news app.

StockNews.com

3 of the Worst Consumer Financial Services Stocks to Own in May

Despite the rising interest rates, the consumer financial services industry could remain under pressure due to the tighter lending standards and the chances of a recession later this year. Therefore, it could be wise to avoid fundamentally weak consumer financial services stocks Sunlight Financial (SUNL), Guardforce AI (GFAI), and Sentage…

Bangkok Post

Dexon bullish on prospects

Despite several forecasts of a possible recession throughout the global economy, Dexon Technology chief executive Mallika Kaekla believes her company's strategy to expand overseas would help drive income this year.

The Independent UK

White House warns of catastrophic recession if US defaults on debt

The White House says a default would cause a self-perpetuating crisis because the government couldn’t borrow money to help Americans deal with the resulting recession

Al Jazeera

Republican debt cap plan to cut US jobs, slow growth: Economist

Moody’s chief economist told a US Senate panel that the Republican plan will ‘meaningfully increase’ recession chances.

StockNews.com

The Top 2 Stocks to Buy and Hold for the Month of May

Although the Fed has hinted at a pause in interest rate hikes, tighter credit standards and elevated interest rates continue to fuel recession concerns. However, fundamentally strong stocks American Axle & Manufacturing Holdings (AXL) and CompX International (CIX) could be worth buying and holding. Keep reading.

The Independent UK

White House warns of recession as debt limit fight drags on

White House economists are warning of “severe damage” to the U.S. economy in the event of a debt default

The Conversation

Fed rate hikes, recession fears and political backlash leave ESG investors at a crossroads

The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, raising prospects of a recession amid heightened concerns about…

1 … 59 60 61 62

People

Dipanjan BanchurSince

Sristi Suman JayaswalThe

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.