The Latest Breaking News from Recession

There are a range of unknowns hanging over Australia's economic fortunes in 2023 but most agree a recession is unlikely.

RECAP: Asian shares declined yesterday, as continued interest rate hikes and a steadfast hawkish stance by major central banks fuelled global recession worries and sapped risk sentiment, driving US and European markets down.

Although inflation is showing signs of cooling down and the Fed indicated a slower pace of interest rate hikes, recession fears loom. Thanks to the resilient demand for its products and services, the healthcare industry is expected to survive a challenging macroeconomic environment better than many industries. Thus, it could…

Spirit Airlines (SAVE) recorded solid topline growth in its 2022 third quarter. However, it missed consensus revenue estimates by more than $3 million. Moreover, the airline industry is witnessing slower bookings amid the recessionary concerns. So, let’s find out if SAVE could be an ideal buy this holiday season….

While the Fed announced the much-anticipated 50-bps rate hike, its hawkish tone on the course of the rate hikes has crushed investors’ optimism. Moreover, given the recessionary fears, fundamentally solid stocks PepsiCo (PEP), Humana (HUM), and Kroger (KR) might be safe buy-and-hold options. Read more.

Although the Fed’s rate hikes finally seem to be able to curb inflation, the central bank’s indication to keep raising rates through next year is expected to fuel a recession. Thus, it could be wise to invest in stable ETFs such as JPMorgan Ultra-Short Income ETF (JPST), PIMCO Enhanced Short…

Boards must prepare for an economic downturn and a long list of interconnected business risks in 2023.

Report warns 'living standards will take time to recover to the pre-crisis level'

Asian shares have followed Wall Street and Europe lower, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control