The Latest Breaking News from Recession

2 Dividend Stocks to Buy in 2023 for a Stable Income Stream

Although the Fed is expected to go slow with rate hikes, they are not expected to end anytime soon. Moreover, the possibility of a recession cannot be ruled out yet. Given the uncertainties, fundamentally sound dividend stocks Pfizer (PFE) and Sisecam (SIRE) could be a solid addition to your portfolio…

StockNews.com · Feb 10, 2023

UK narrowly avoids recession after figures show growth flatlining

Economy contracted in December by 0.5% after expansion of 0.1% and 0.55% in previous two months

The Guardian - UK · Feb 10, 2023

UK avoids recession by narrowest margin but 'not out of woods yet'

THE UK avoided a recession by the thinnest of margins after the economy flatlined in the last three months of 2022, new data shows.

The National (Scotland) · Feb 10, 2023

FTSE 100 Live: Recession avoided in 2022, Standard Chartered bid latest

The UK looks to have avoided recession in 2022 after estimates today showed GDP unchanged in the final quarter of the year.

Evening Standard · Feb 10, 2023

UK narrowly avoids recession for second time in a year but set for one in 2023

The figures come amid predictions that about one in four will be "unable to meet in full their planned energy and food bills from their post-tax income" in the 2023-24 financial year

Daily Mirror · Feb 10, 2023

Larry Summers compares the Fed's inflation fight to taking a medicine to fight an 'infection'—and says the 'risks are very large' that the economy tips into a recession

Former Treasury Secretary sees a soft landing as a possibility, but the risk of a recession still remains very high.

Fortune · Feb 9, 2023

Wait, layoffs and job growth? What's going on with the economy and is recession still coming?

WASHINGTON — Only a few months ago many economists warned that a recession was not just inevitable, it was around the corner. Inflation would take years to curb. Surging unemployment was on its way.

Los Angeles Times · Feb 9, 2023

As property prices retreat, top economist isn’t expecting recession

The U.S. economy is likely to avoid a recession, even with a downturn in housing and commercial real estate, economist Mark Zandi predicts.

Tribune News Service · Feb 9, 2023

Inflation and recession: Can the world defeat both in 2023?

No, it must accept one, per conventional wisdom. But Europe’s showing another way, though it won’t be painless either.

Al Jazeera · Feb 9, 2023

Another economic indicator defying predictions? Bankruptcies fell again last year

The economic lessons of the pandemic's flash recession, jobs comeback and inflation overshoot are still being studied.

Tribune News Service · Feb 9, 2023