The Latest Breaking News from Recession

'Recession risks are rising' but the latest GDP numbers are expected to show 'solid' growth

The latest economic growth figures are expected to show a robust economy. But the outlook for 2023 is far less rosy, warn many analysts.

ABC News · Feb 28, 2023

US economy sending mixed signals: Here's what it all means

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

The Independent UK · Feb 28, 2023

Consumer confidence slips again in February

Consumers were less confident for the second straight month as stubborn inflation and anxiety over a possible recession weighed on Americans

The Independent UK · Feb 28, 2023

Are These 3 Popular Stocks Worth Your Time in 2023?

Soaring concerns over an impending Fed-induced recession have hampered investor sentiment. With the likelihood of a downturn in upcoming months, are popular stocks Peloton Interactive (PTON), Tilray Brands (TLRY), and ContextLogic (WISH) worth your attention? Read on to find out….

StockNews.com · Feb 27, 2023

Survey: Business economists push back US recession forecasts

A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates

The Independent UK · Feb 27, 2023

Top Wall Street strategist David Rosenberg crushes rosy economic predictions and says ‘no landing’ talk is Wall Street’s ‘biggest hoax’ in years

Even if inflation fades, with interest rates staying higher for longer, the founder and president of Rosenberg Research fears a recession is on the way.

Fortune · Feb 24, 2023

Fed's rate hikes likely to cause a recession, research says

Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession

The Independent UK · Feb 24, 2023

BASF to cut 2,600 jobs as energy crisis puts Germany on track for recession

Chemicals company says disruption from Ukraine war, rising costs and inflation will continue this year

The Guardian - UK · Feb 24, 2023

3 Stocks You Can Buy Now and Hold Onto for the Next Decade

Sticky inflation, robust spending, and resilient job growth have dwindled the likelihood of a Fed pivot and rekindled recessionary concerns. Amid rising market volatilities, quality stocks Pfizer (PFE), Hershey (HSY), and Bluegreen Vacations Holding (BVH) might be wise portfolio additions to hold on to for the next decade. Read on….

StockNews.com · Feb 24, 2023

Billionaire Bond King Jeffrey Gundlach says he’s preparing for a recession and it doesn’t matter what you call it— ‘In either case you need an umbrella’

“‘How bad is the recession going to be?’ It doesn’t matter. As long as we’re going into a recession, you have to have a certain degree of protection,” he told Yahoo Finance.

Fortune · Feb 23, 2023