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The Latest Breaking News from Recession

Ukraine war briefing: Russia ‘on verge of recession’, Putin minister tells economic showcase

Drone attacks on Kharkiv and Odesa; don’t forget about Ukraine because of Iran-Israel fighting, say Kyiv officials. What we know on day 1,213

The Guardian - AU

Russia’s economy minister warns that the country is on the brink of recession

Russia’s economy has been hit with a slew of sanctions after the Kremlin sent troops into Ukraine

The Independent UK

'Big Short' investor warns the precarious tariff environment reminds him of WWI—and a trade war would send the U.S. into a recession

"The tariffs and the potential for a trade war, I think, is really the only risk to the market right now,” Steve Eisman said.

Fortune

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The 2026 Nissan Leaf Is Finally Here, and It Has Way More Range

Fifteen years ago, Nissan was at the forefront of electric vehicle development. It unveiled the Leaf in mid-2009, just as the world’s economy started to recover from the Great Recession. It entered production in 2010 as the first mass-market EV, offering just 73 miles of range. But a lot has…

Motor1

‘Every single week. Every single order’: H-E-B curbside shopper shares ‘recession indicator’ she’s noticed in grocery orders

According to one TikTok creator, the number one recession indicator should be that “everyone is getting spaghetti.” In a video with over 84,000 views, Gabby Sauceda (@gabri3lllllaaa), a curbside shopper on H-E-B, discussed how one order rang alarm bells for a recession.

The Mary Sue

US and China strike a deal on trade framework after talks in London

The London talks are the latest in the two countries’ joint efforts to find a middle ground to resolve a trade dispute which threatens to plunge the world into recession and economic instability.

Euronews

World Bank: Economy set for worst run since 2008 outside of recessions

The group has cut its growth forecasts in nearly 70% of all economies — across all regions and income groups.

Euronews

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Asian shares gain as investors keep an eye on China-US trade talks

Asian shares are mostly higher as investors keep an eye on China-U.S. trade talks that might help stave off a recession

The Independent UK

Klarna CEO predicts AI-driven job displacement will cause a recession

Sebastian Siemiatkowski foresees mass AI-induced headcount reductions among white-collar workers.

Fortune

Wake me up when we're not in a recession

Most of us concluded long ago that wages are too low, bills are too high and good jobs are too hard to find

Salon

Elon Musk predicts a recession this year. 8 sneaky signs we actually could be headed for one

These are the weird recession indicators starting to show themselves.

Fortune

Hiring slows across US amid uncertainty over Trump’s tariffs

The number of Americans applying for unemployment benefits has risen to the highest level in eight months

The Independent UK

US employers added a solid 139,000 jobs in May despite uncertainty over trade wars

U.S. employers slowed hiring last month, but still adding a solid 139,000 jobs amid uncertainty over Trump’s trade wars

The Independent UK

Elon Musk says Trump tariffs will trigger recession this year, Tesla shares tumble

The recession comment came amid an ugly social media spat between the one-time friends.

Fortune

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We Got This Covered

‘ADP NUMBER OUT!!!’ Donald Trump rages at Jerome Powell as jobs report hits rock bottom and recession fears mount

Powell remains 'unbelievable.'

Marie Claire

"Networth and Chill" Podcast Host Vivian Tu Shares How to Set Yourself Up for Success in a Recession

The finance content creator speaks to editor-in-chief Nikki Ogunnaike for the 'Marie Claire' podcast "Nice Talk."

Fortune

More and more people are eating at home. It could be a flashing red light that a recession is coming

More people are cooking at home than since early 2020.

The Guardian - UK

Are we heading for a recession? Show me your nails

Who needs boring old facts and figures? According to a host of entirely authoritative influencers, changing tastes in manicures can tell us all we need to know about the economy, says Arwa Mahdawi

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Kiplinger

Preparing for the Worst: Retirement During a Recession

If you're close to retirement and today's economic uncertainty has your stomach in knots, follow my parents' example. They made it through, and so can you.

Bored Panda

If You Don’t Feel Terrified Enough By The Current World, Here Are 23 Signs Recession Is On The Way

"Everyone becoming a DJ should've been our first recession indicator!"

Fortune

Housing may soon flash a recession warning as investment cracks under the weight of high rates

“Housing activity looks set to contract in Q2 after advancing only weakly in Q1.”

Sports Illustrated

How the 2008 Recession Helped Mold Ben Griffin Into a PGA Tour Winner

Growing up, Griffin's family “lost everything." And reflecting on his hardships after winning the Charles Schwab Challenge, he got teary-eyed.

Newslaundry

Hafta 538: India vs Maoists: Is this a turning point?

This week on Hafta, Newslaundry’s Newslaundry’s Abhinandan Sekhri, Manisha Pande, Jayashree Arunachalam, Raman Kirpal and Shardool Katyayan are joined by senior journalist and CGNet Swara’s co-founder Shubhranshu Choudhary.We start with a discussion on the killing of 27 suspected Maoists in Chhattisgarh this week and analyse if the Maoist movement in…

Barchart

30-Year Bond Yields Around the World Surge to Critical Warning Levels: The Highest Since 2007

Stubborn inflation, mounting sovereign debt, and wary investor sentiment are pushing 30‑year government bond yields sharply higher across the U.S., Japan, Germany, the U.K., Canada and the eurozone, heralding a new era of elevated borrowing costs and heightened recession risk worldwide.

Fortune

The CEOs of Fortune 500 companies are already beginning to plan for the worst

Data from a Fortune and Deloitte survey provides the first empirical proof that decision-makers are reeling under the weight of Trump’s trade war, with overwhelming optimism over his administration’s economic agenda giving way to sheer pessimism in just five months.

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Sebastian Siemiatkowski

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