recession
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty Images Wall Street titan Jamie Dimon said Thursday that a recession is still a serious possibility for the United States, even after the […]
President Donald Trump on Friday downplayed concerns about potential economic trouble, saying everything would be “OK” in the long term, even if the U.S economy experienced a recession in the short term. Asked twice by “Meet the Press” moderator Kristen Welker whether it would be OK in the long run if there were a recession in the short […]
The U.S. economy shrank in the first quarter, but the underlying data show trends under the hood that should dampen recession fears. “Real GDP slipped in the first quarter, and while a decline during an expansion is unusual, it’s not unheard of and the economy isn’t in a recession, wrote Ryan Sweet, chief U.S. economist […]
Topline Fears of a sharp economic downturn due to President Donald Trump’s ever-changing tariff policies are pervading Wall Street, as some of the most trusted observers of the economy say the U.S. is far from able to declare victory on a tariff-driven recession, though the head of the International Monetary Fund said Thursday the border-spanning […]
Billionaire investor Ray Dalio said that he is worried the US will experience “something worse than a recession” as a result of Donald Trump’s trade policies. Speaking to NBC’s Meet the Press on Sunday, the 75-year-old hedge fund manager said . . .
Today, the global markets opened the dance with a flood of red, so much so that this Monday can be defined as the new Black Monday of modern finance. Cryptocurrencies have been swept away by a wave of forced sales, with liquidations exceeding 1.36 billion dollars in just 24 hours. Meanwhile, the US and Asian […]
New York CNN — Despite rattled financial markets, threats of retaliation and some of President Donald Trump’s biggest supporters encouraging him to back off his signature economic policy, he didn’t give in. His administration piled on heaps of new “reciprocal” tariffs Wednesday on dozens of American allies and adversaries alike . . .
Global stock markets have been in a frenzy after US President Donald Trump announced new widespread tariffs on 2 April, which he dubbed “Liberation Day”. The BBC’s North America business correspondent Michelle Fleury explains three warning signs to watch for as US recession fears rise. Source link
Asian shares nosedived on Monday after the meltdown Friday on Wall Street over US President Donald Trump’s tariff hikes and the backlash from Beijing. US futures also signalled further weakness. The future for the S&P 500 lost 4.2%, while that for the Dow Jones Industrial Average shed 3.5%. The future for the Nasdaq lost 5.3%. […]
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. Pavel Mikheyev | Reuters U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a […]