The Latest Breaking News from Recession

The S&P 500 (SPY) seems to be on the verge of an important breakout above the key level of 4,000. That’s because some are applauding the lowering of inflationary pressures. However, the flip side of that coin is that this is happening because of a recession looming on the horizon…

New York (AFP) - Stock markets rebounded on Friday after a rocky week dominated by uncertainty over whether the global economy will suffer recession this year as central bankers continue to address inflation.

With inflation moderating and the Fed signaling to slow the pace of its rate hikes, the economy could likely avoid a recession and continue progressing toward a soft landing this year. Thus, fundamentally sound Nasdaq stocks Broadcom (AVGO), PepsiCo (PEP), and Cisco Systems (CSCO) could be wise investments to buy…

There was plenty in the December meeting board minutes to justify doing nothing on interests rates in February.

The tech sector is on track to cut more jobs than in 2022, a year reminiscent of the bursting of the dot-com bubble.

Davos (Switzerland) (AFP) - An air of optimism for the global economy blew through Davos this week after fears that the war in Ukraine, an energy crisis and soaring inflation could trigger a global recession.

It's been all good economic news in recent weeks, but the former Treasury secretary warns the final stretch to fight inflation might be the hardest.

The grocery industry is likely to benefit from improved consumer sentiments. Moreover, the rising adoption of grocery e-commerce should boost the industry’s prospects. Also, given the inelastic demand for grocery products, fundamentally strong grocery store stocks Kroger (KR), Albertsons (ACI), Caseys (CASY), and Sprouts Farmers Market (SFM) might be solid…

Both fast-food chains are betting that they know what you want in these financially challenging times.

The end of last year was supposed to be an economic dud. It wasn’t. Instead, the American economy likely continued its rebound.

London (AFP) - Stock markets rebounded on Friday after a rocky week dominated by uncertainty over whether the global economy will suffer recession this year as inflation remains stubbornly high.