The Latest Breaking News from Recession

The ASX ends its day slightly lower, while Star Entertainment shares plummet after NSW flags its plan to hike casino tax, Elon Musk offers to resign as Twitter CEO, and David Jones is sold to a private equity firm.

By building a strong portfolio of diversified investments, you can weather any market storm—even a recession.

Jeremy Siegel warned that inflation was going to become a problem in 2020. Now, he says the Fed has done too much to fight it, and is set to cause a recession.

The Fed has indicated that it will keep raising interest rates through next year. However, despite the economic uncertainties, the revival of the U.S. economy in the second half of this year has made experts hopeful of a mild recession ahead. Hence, it could be wise to invest in monster-growth…

“You have this long grind that’s probably a couple years.”

Nearly half of big money managers don't believe the Fed will be able to stick a soft landing and worry that stagflation will be a bigger risk next year.

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.