The Latest Breaking News from Recession

While Carnival (CCL) has been able to stage a post-pandemic recovery, it is yet to return to profitability like many of its peers. With high inflation, rising interest rates, fears of recession, and unenviable unit economics let’s find out if the cruise line stock would struggle to keep itself afloat.…

With inflation still high and the jobs market showing resiliency, the Fed will likely raise interest rates higher than anticipated. This might push the economy into a recession. Despite the uncertainties, investing in fundamentally strong penny stocks Nokia (NOK) and trivago (TRVG) could be worth it now. Keep reading.

Given the pace and intensity of the Fed’s monetary tightening, there’s a strong likelihood that the U.S. will enter a recession in 2023. However, amid a strong job market and resilient consumer spending, the possibility of a soft landing still stands. Given this backdrop, quality stocks Gilead Sciences (GILD), Coca-Cola…

Asian shares are mostly lower as investors fret that the Federal Reserve might raise interest rates faster if pressure stays high on inflation

A recession is still more likely than not, and it may have to do with how much Americans are spending, the former treasury secretary says.

The Fed’s potential higher-than-expected interest rate hikes have fueled concerns among investors about a mild recession. Hence, fundamentally stable and dividend-paying stocks Walmart (WMT), BHP Group (BHP), and American Vanguard (AVD) could be particularly enticing for those nearing retirement and seeking security in their investment approach. Read more….

The RBA has engineered a bigger crash in Australians’ real disposable income than they suffered in the 1990s recession

The job market in the U.S. remains strong overall, but recent high-profile layoffs at technology and media companies and predictions of a recession later this year have raised concerns about job security

Consumer spending is not slowing at the rate the Fed hoped for, Brian Moynihan said.