Trump, Recession and Approval Rating
Digest more
Billionaire Steve Cohen said the chance of a recession in the US now stands at about 45%. “We aren’t in a recession yet, but we have significant slowing growth,” said the founder of hedge fund Point72 Asset Management,
JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher tariffs they imposed.
It is the uncertainty that has raised the prospect of recession in 2025. The so-called soft-landing (reduction in inflation without causing a recession) is still a possibility, and the dreaded stagflation scenario (stagnating output coinciding with inflation) has not materialized,
Major brokerages have scaled back their U.S. recession forecasts following a temporary tariff truce between the U.S. and China, which has fueled optimism for easing global trade tensions. Goldman Sachs reduced its U.
Explore more
Michael Jordan's new NBC role sparks wave of humorous recession jokes on social media as users identify behaviors they believe signal economic downturn.
Our collective playlists sound a lot like it's 2009. And our vibecession might be to blame. "Recession pop" is back. Here's what to know.
The odds of a recession have dropped slightly, but uncertainty remains. Here's how to get your finances ready.