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Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidenceA quarter of a million people could lose their jobs by the middle of next year as Britain “flirts with recession”, analysis suggests, afte…
Economists cautioned whether surging oil prices and soaring tariffs amid the ongoing Iran war could tip the United States into recession and what signs could point to an economic downslide, The Wall Street Journal reported on Thursday. The Journal pol…
The International Monetary Fund is forecasting slower global growth and urges countries to get their ‘houses in order,’ though it notes a global recession is unlikely.
Even the staunchest MAGA Republicans who vehemently argue in favor of President Donald Trump’s tariffs could jump ship in the case of a full-blown recession, a new opinion piece in Salon posited.Columnist Heather Digby Parton wrote in Monday’s column …
A CNBC survey of business executives revealed an overwhelming majority expected an economic recession as a result of the Trump tariffs, with one calling the whole situation, “disproportionally stupid and illogical.”The business network reported the re…
Former Rep. Adam Kinzinger (R-IL) released an “Emergency Video” to his Substack readers Thursday about President Donald Trump’s wide-ranging tariffs that he claimed could finally wake up even Trump’s most ardent supporters.”This will show the Americ…
Ed Yardeni, whom CNBC calls “one of the biggest bulls on Wall Street,” claimed President Donald Trump’s extensive tariffs are raising the risk of “stagflation.”Stagflation occurs when there’s stagnant economic growth combined with high inflation and h…
Rahm Emanuel, former ambassador to Japan, said on CNN Monday that Trump’s disastrous lack of diplomacy with Canada is plunging the U.S. toward a “totally unnecessary” recession, while stoking anti-American sentiment around the world.The Situation Ro…
Democratic strategist Maria Cardona issued a warning to President Donald Trump about his handling of the economy, telling CNN Monday that it will “come back and bite him.”Trump had a chance to tamp down recession fears when asked by Fox Business Netwo…
Fear adds to Russia-Ukraine conflict risk and increases ‘probability of European and of US recession’A global recession could be triggered by the conflict in the Middle East as the humanitarian crisis compounds the challenges facing an already precario…