The Latest Breaking News from Recession

"Airlines have already been through the worst recession an industry can go through," says Bastain. During the pandemic he made several strategic shifts that have allowed Delta to roar out of the gates.

THE UK economy is in recession. Taxes are at their highest in 70 years. According to the Office for Budget Responsibility, living standards are…

Cruise company Carnival Corporation (CCL) expects its 2023 cumulative advance bookings to be higher than in 2019. However, travel demand is expected to slow down amid the recession fears. So, should you give up on the stock now? Read on to learn our view….

Recession to last until 2024 as taxes climb to highest level since Second World War

While the October inflation report came in better than expected, it is far from the Fed’s target. Amid rising recession odds, consumer sentiment is declining. Therefore, fundamentally weak stocks NVIDIA (NVDA), Carnival Corporation (CCL), AMC Entertainment (AMC), Peloton Interactive (PTON), and Mullen Automotive (MULN), which have been slumping in price,…

Stocks finished higher Friday as the market closed out up for the day, but down for the week.

Building society says it expects relatively few of its customers to default on repayments in cost of living crisis

UK Chancellor Jeremy Hunt has produced a highly political autumn statement that throws forward major cuts in public spending to after the next general election. The accompanying economic forecast by the government’s Office for Budget Responsibility (OBR) confirms that the country is facing a recession, with unemployment rising, inflation still…

Chancellor hits back at MPs attacking his £24 billion of tax rises