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The Latest Breaking News from Recession

Is SOFI a Penny Stock You Should Want to Buy?

Financial services company SoFi Technologies (SOFI) recorded impressive growth across its business segments. However, the company’s losses widened, and analysts seem bearish about its earnings growth prospects due to its bleak fundamentals and the potential recessionary pressures. Thus, is it wise to buy this under $5 fintech stock? Read more…

StockNews.com

Getting Ready to Retire? 3 Stocks That Are Safe as They Come

Many market pundits expect a recession in 2023 as policymakers continue raising interest rates to cool the economy and quell inflation. Retirees looking for stable passive income might consider adding fundamentally sound dividend-paying stocks, Walmart (WMT), Kellogg Company (K), and Cardinal Health (CAH), to their portfolios now. Keep reading….

StockNews.com

Swansea will fare marginally better than Cardiff as UK emerges from recession claims report

New research from Irwin Mitchell predicts Swansea will return to growth slightly faster than Cardiff in Q4 of 2023

Birmingham Post

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Workers who sat out the Great Resignation got the biggest raises in 25 years

Even a recession can’t keep job hoppers from flexing their upper hand.

Fortune

Prepare for a 'slowcession' in 2023, says one of the first economists to predict the 2008 financial crash

The year ahead will no doubt be tough for the U.S. economy, but the chief economist at Moody’s Analytics wants us to be a little more optimistic.

Fortune

Edinburgh and Glasgow lead the pack as UK set to exit recession in mid-2023

However, Aberdeen’s economy is predicted to shrink in the next 12 months

Insider UK

Top pollsters' warning to Yessers for the coming year ahead of UK recession

POLLING experts have given us their predictions for what to expect in the year ahead after the chaos and upheavals of 2022.

The National (Scotland)

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“Murphy’s Law” Stock Market in 2023?

Sometimes the stock market and S&P 500 (SPY) do what you expect...and sometimes it does the exact opposite. Now with so many investors so bearish...then maybe quite plausible that things surprise to the upside with new bull market emerging. Steve Reitmeister, CEO of StockNews.com, provides his insights on this timely…

StockNews.com

2 Upgraded Stocks to Add to Your Watchlist This January

IMF chief has warned that this year will be more challenging than the last year. Furthermore, growing recessionary fears and the COVID “bushfire” could negatively impact the economy. Amid an uncertain economic backdrop, it could be wise to add fundamentally strong stocks Altria Group (MO) and Schlumberger (SLB) to your…

StockNews.com

3 Stocks That Thrive During Economic Uncertainty

With the Fed signaling to keep raising rates through this year, the threat of a recession is looming. Given an uncertain market backdrop, investors should buy fundamentally sound stocks, PepsiCo (PEP), Humana (HUM), and Sysco Corp. (SYY), that can generate steady returns. Read on….

StockNews.com

2 Stocks That Don’t Mix Well With a Potential Recession

As recessionary fears loom largely over the economy, fundamentally weak stocks DraftKings (DKNG) and Beyond Meat (BYND) don’t seem to mix well and might be best avoided. Read more….

StockNews.com

Britain faces the worst recession among G7 partners, economists predict

A bleak survey of over 100 leading UK-based economists suggests high inflation could linger for longer than other countries as Brits face a huge squeeze in household incomes

Daily Mirror

A global recession is coming, and this is where economists predict will fare the worst

IMF director Kristalina Georgieva said simultaneous contractions in three major economies—the U.S., the EU, and China—will be the driving forces behind a global recession in 2023.

Fortune

KPMG's playbook for CEOs navigating uncertainty in 2023

79% of CEOs are planning for an economic recession, according to KPMG’s recent survey of 400 U.S. CEOs from large companies.

Fortune

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The Conversation

Austerity has its own life – here's how it lives on in future generations

Austerity in the UK is here to stay. The Bank of England has warned that the country is facing the longest recession since records began, predicting that the economic slump will extend well into 2024. At the same time, the most recent budget has been called austerity 2.0 by companies,…

The Times of India

Inflation, growth, budget & more: 10 factors that may impact the Indian economy in 2023

NEW DELHI: The year 2022 posed severe challenges for the economy since the beginning. With cases of Covid-19 receding after 2 years of mayhem, this year was being watched as a good opportunity for the economies to recover completely from the pandemic slump.

Axios

America's health care focus shifting in 2023

America appears to be re-setting its priorities when it comes to health care as inflation and talk of a recession loom larger on voters' minds.

The Independent UK

UK suffering from ministers’ ‘outright incompetence’, economists warn

The UK is set for a deeper recession than other G7 nations, economists warned

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The Independent UK

Asian markets mixed ahead of Fed report, US jobs data

Asian stock markets are mixed ahead of updates on U.S. employment amid fears of a possible global recession

The Independent UK

Asian markets mixed ahead of Fed report, US jobs data

Asian stock markets were mixed Tuesday ahead of updates on U.S. employment amid fears of a possible global recession

Bangkok Post

A challenging year ahead

Global economic growth in 2023 is expected to remain sluggish, following a year roiled by the war in Ukraine and soaring inflation.

The Times of India

Budget, recession, elections: 10 factors that may influence stock markets in 2023

NEW DELHI: After a yearly gain of 4.4%, investors of benchmark BSE sensex are now looking forward to a fresh beginning in 2023.

Nottingham Post

Housing demand in Nottingham 'very strong' despite 'crazy' year and cost of living, estate agents say

Amidst rising mortgage rates and warnings of a recession it has been feared that house prices could drop significantly going into 2023.

The National (Scotland)

Third of global economy to be in recession in 2023, IMF chief warns

A THIRD of the world economy will be in recession in 2023, the head of the International Monetary Fund (IMF) has warned.

Asharq Al-Awsat

European Shares Start 2023 on Upbeat Note on Encouraging Factory Data

European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a recession as central banks hiked rates globally. The pan-regional STOXX 600 rose 0.8%, supported by consumer discretionary stocks.

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