recession
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Mohamed Aly El-Erian, chief economic advisor for Allianz SE. Bloomberg | Getty Images President Donald Trump’s extensive raft of import tariffs are putting the U.S. economy at risk of recession, Allianz’s Chief Economic Advisor Mohamed El-Erian warned on Friday. He added that Trump’s swathe of so-called reciprocal tariffs could have a significant effect on the […]
United States (U.S.) stocks fell, Bitcoin stumbled, and Wall Street’s fear gauge reached its highest level this year as concerns over President Donald Trump’s economic policy led to a broad market sell-off on Monday. The weakening on Wall Street began early, with all three main indexes sharply in the red at the start. U.S. stocks […]
The chances that the U.S. will experience a recession in 2025 have increased because of the tariffs it has implemented, Alec Kersman, managing director and head of Asia-Pacific at Pimco, said at CNBC’s CONVERGE LIVE event in Singapore on Wednesday. There is a “maybe 35% probability” that the U.S. will enter a recession this year, Kersman told […]
Getty Images During his election campaign last year, Donald Trump promised Americans he would usher in a new era of prosperity. Now two months into his presidency, he’s painting a slightly different picture. He has warned that it will be hard to bring down prices and the public should be prepared for a “little disturbance” […]
Introduction: Growth fears grip markets Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The Trump Bump has turned into the Trump Slump, as rising fears of a US recession rocked the markets yesterday. Monday was a dark day on Wall Street, where the S&P 500 fell […]
Hong Kong CNN — Stocks markets across Asia sank on Tuesday following mounting fears of a serious economic downturn in the world’s largest economy, as US President Donald Trump ramped up a tariff war against its biggest trade partners. Trump’s . . .
The United States’ stock market has shed more than $1.7 trillion in value after US President Donald Trump declined to rule out the possibility the economy could enter a recession this year. The benchmark S&P 500 on Monday tumbled 2.7 percent, dragging the index nearly 9 percent below its all-time high reached on February 19. […]
Trump 2nd term live updates: Trump declines to rule out recession as he defends tariffs ABC News Source link
Donald Trump on Sunday refused to rule out the possibility that the US economy will head into recession this year and that inflation will rise, as his chaotic trade tariffs policy cause uncertainty and market turbulence. The US president predicted that his economic goals would take time and a period of transition to bear fruit. […]
Trump’s comments on recession and stock market drop trigger economic worry for Black communities
Black Hot Fire Network
March 12, 2025
After President Donald Trump refused to rule out a recession and the U.S. stock market saw its steepest decline this year to date, there are growing concerns about the health of the economy and the disproportionate impact an economic downturn would have on Black households. Despite promising to usher America into its “golden age” and […]