The Latest Breaking News from Recession

UK inflation will fall in 2023 but energy bills and taxes will rise as house prices drop. Happy new year

Britain’s recession, however, will be relatively mild, although such forecasting is a mug’s game

The Guardian - UK · Jan 1, 2023

UB40 guitarist hits out at Tories and says country is like it was in the 1970s

Singer and guitarist Robin Campbell has hit out at the Conservative Government, claiming the country is in the same bad state it was when the band formed decades ago

Daily Mirror · Dec 31, 2022

Inflation and recession

Central banks across the world have simultaneously hiked interest rates to tame runaway inflation in 2022. Yet the trajectory of interest-rate increases and other policy actions may not be sufficient to bring global inflation back down to levels seen before the pandemic.

Bangkok Post · Dec 30, 2022

3 Consumer Staples Stocks You Can Always Rely on for Gains

As the Fed’s intention to keep raising interest rates next year is raising recession fears, it could be wise to invest in industries that stay resilient to economic downturns because of inelastic demand for products and services. Therefore, consumer staples stocks Colgate-Palmolive (CL), Ennis (EBF), and Mannatech (MTEX) could be…

StockNews.com · Dec 30, 2022

2 Stocks You Can Buy This Week for Less Than $50

Recessionary fears continue to weigh on investors’ sentiment as inflation is still soaring high, and the Fed is likely to continue with its aggressive interest rate hikes. With prospects of a mild recession next year, it could be wise to invest in fundamentally strong stocks Comcast Corp. (CMCSA) and Albertsons…

StockNews.com · Dec 30, 2022

Politicians need to put their faith in businesses in 2023

It will be entrepreneurs and innovators who will step up to the mark in a recession

Birmingham Post · Dec 30, 2022

2 Stocks You Can Buy Now and Hold for the Next 20 Years

The stock market has been under pressure this year amid consecutive rate hikes and recession fears. Moreover, as the market could remain volatile in the short term, investors should focus on their long-term strategies and invest in fundamentally strong stocks, Johnson & Johnson (JNJ) and Molina Healthcare (MOH), which look…

StockNews.com · Dec 30, 2022

Oil Set to End Turbulent 2022 with Second Annual Gain

Oil rose on Friday and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China. Crude surged in March with global benchmark Brent reaching $139.13 a barrel, the…

Asharq Al-Awsat · Dec 30, 2022

2023 set to be 'year of recession', expert says

The cost of living crisis wrought havoc in 2022, but 2023 is not expected to be much better

Wales Online · Dec 30, 2022

Men more likely to have thought about separating next year – poll

A Relate study after the 2008 downturn found couples worst affected by the recession were eight times more likely to suffer relationship breakdown.

The Independent UK · Dec 30, 2022