U.S. stocks seesawed between gains and losses on Monday in the lead up to a promised fresh round of President Donald Trump’s tariffs on April 2, which he has dubbed “liberation day.” The market ...
Tesla CEO Elon Musk said President Trump’s tariff policies will cause a recession in the second half of the year. The post, part of an escalating feud between the president and the billionaire ...
SPRINGFIELD, Mo. — As the stock market continues to plunge and tariffs continue to change, recession fears are on the rise. One professor of economics at Missouri State University says big economic ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
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Will the US Tariffs Cause a Global Recession?
In April, the International Monetary Fund (IMF) lowered its global economic growth forecast from 3.3% to 2.8% for 2025. It also lowered its growth forecast for 2026 from 3.3% to 3%. The global banking ...
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How Trump tariffs could cause a global recession
A truly enormous shock is needed to tip the entire global economy into recession. Since World War II, there have been two such events — the financial crisis of 2008-9, and the COVID-19 pandemic of ...
Commerce Secretary Howard Lutnick enthusiastically defended Donald Trump’s erratic tariffs on Tuesday, claiming that even if they trigger a recession they’re “worth it.” “The markets are going to ...
President Donald Trump acknowledged that his trade policies could lead to a recession, but said ultimately, “We’re gonna do fantastically.” Trump sat down with Meet the Press host Kristen Welker for ...
The CEO of payments company Klarna has warned that AI could lead to job cuts and a recession. Sebastian Siemiatkowski said he believed AI would increasingly replace white-collar jobs. Klarna ...
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