The Latest Breaking News from Recession

55% of CEOs say the looming recession will be worse than the global financial crisis

CEO sentiment is growing increasingly sour.

Fortune · Jan 11, 2023

Asia stocks echo Wall Street rally as inflation report looms

Asian shares are trading higher, boosted by a rally on Wall Street that came ahead of some potentially market-moving reports scheduled for later in the week

The Independent UK · Jan 11, 2023

Are Stocks Stuck in a Trading Range til February?

The S&P 500 (SPY) seems to be rising once again. However, there are several reasons to consider before joining the bull party. In fact, Steve Reitmeister, CEO of StockNews.com, provides many reasons to consider doubling down on bearish bets with more downside soon on the way. Read on below for…

StockNews.com · Jan 10, 2023

2 of the Safest Stocks to Buy in 2023

The Fed expected to continue with its rate hikes, and looming recession fears should keep the market under pressure in the near term. Amid widespread volatility, investors could consider buying quality dividend-paying stocks Procter & Gamble (PG) and Humana (HUM). Keep reading….

StockNews.com · Jan 10, 2023

Jamie Dimon rattled the markets last year by comparing the coming recession to a 'hurricane.' Now he says it's just some 'storm clouds'

JPMorgan Chase CEO Jamie Dimon says he shouldn't have used the word "hurricane" to describe what lies ahead for the U.S. economy last year, but adds that there still are "storm clouds" and "heightened uncertainty."

Fortune · Jan 10, 2023

Cost of doing festivals, concerts and tours soared in 2022, a year of big profits and daunting challenges, including COVID

SAN DIEGO — Was 2022 an extraordinarily profitable year for festivals, concerts and tours by bands and solo artists? An extraordinarily costly one? Or both? And with concerns about a possible recession or new COVID surge, what is the outlook for this new year?

Tribune News Service · Jan 10, 2023

World Bank: Recession a Looming Threat for Global Economy

The global economy will come “perilously close" to a recession this year, led by weaker growth in all the world's top economies — the United States, Europe and China — the World Bank warned on Tuesday. In an annual report, the World Bank, which lends money to poorer countries for…

Asharq Al-Awsat · Jan 10, 2023

World Bank forecasts India's FY23 GDP at 6.9%; warns of global recession

NEW DELHI: The World Bank on Tuesday retained India's economic growth at 6.9% for financial year 2022-23.

The Times of India · Jan 10, 2023

2 Stocks to Buy in the New Year and 1 to Avoid

Despite rampant headwinds, stocks are expected to stage a recovery in 2023. Moreover, experts believe the anticipated severe recession might be avoided. Therefore, investors could consider buying quality stocks Verizon Communications (VZ) and Hillenbrand (HI) in the new year. However, the fundamentally weak stock WeWork (WE) might be best avoided…

StockNews.com · Jan 10, 2023

World Bank warning: Global economy is at risk of recession

The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China — the World Bank warns

The Independent UK · Jan 10, 2023