The Latest Breaking News from Recession

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 · Jan 4, 2023

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 · Jan 4, 2023

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 · Jan 4, 2023

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 · Jan 3, 2023

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 · Jan 3, 2023

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 · Jan 3, 2023

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 · Jan 3, 2023

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 · Jan 3, 2023

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 · Jan 3, 2023

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 Conversation · Jan 3, 2023