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The Latest Breaking News from Recession

Musk's AI Chatbot Warns Trump Tariffs Could 'Cause a Recession' as Markets Face Worst Stretch Since 2008

Elon Musk's AI chatbot, Grok, has warned that President Donald Trump's recent tariffs could lead to a global recession.

Latin Times

Trade Official Declares Trump Is Standing Strong on Tariffs Despite Recession Concerns: 'The President Is Fixed in His Purpose'

Democratic Sen. Margaret Hassan called Trump's tariffs "reckless" and "haphazard"

Latin Times

Former Treasury Secretary Says Families Will Lose At Least $5,000 As a Result of Trump's Tariffs

Former Treasury Secretary Larry Summers said the U.S. will likely enter a recession and lose 2 million additional jobs as a result of Trump's tariffs

Latin Times

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A tariff-induced recession could be great news for AI adoption. Here's why

Downturns drive businesses towards automation to cut costs, economic research shows.

Fortune

Markets Stage Mild Rebound But Trump Tariff Uncertainty Reigns

Equities across the world have been hammered since the US president unveiled sweeping levies against friend and foe, upending trading norms, sparking talk of a global recession and wiping trillions of company valuations.

Latin Times

What is a recession, and is it tied to stock market declines?

Trump’s tariffs prompt market drops, recession fears, and worries of accompanying inflation this time.

Al Jazeera

'Malignant Stupidity', 'Weak': Economists On Trump's Tariffs

A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession.

International Business Times

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Wall Street traders on Trump tariffs: ‘Without doubt, we’re hitting a recession’

Traders leaving the New York Stock Exchange were trying to make sense of another day of volatility

The Guardian - US

Global recession fears as Trump doubles down on tariffs

Global recession fears as markets plunge on Trump’s tariff ‘medicine’

The Independent UK

JPMorgan Chase CEO Warns Tariffs Will Slow Growth

JPMorgan Chase CEO Jamie Dimon warned Monday that US President Donald Trump's tariffs will likely lift inflation, describing himself as "very cautious" in light of the rising recession risk.

International Business Times

Goldman Sachs says it will forecast recession if most of Trump’s tariffs take effect

Investment bank forecasted increased odds of a recession twice in a one-week span

The Independent UK

Stocks Settle Mixed as Chip Makers Rebound

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.19%. June E-mini S&P futures (ESM25 ) are up +0.30%, and June E-mini Nasdaq futures...

Barchart

Will the tariffs lead to a recession? Here's how to know if we're in one

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

The Independent UK

BlackRock CEO Says Most Wall Street Titans Believe U.S. Is Already In Recession But Calls Rout a 'Buying Opportunity'

BlackRock CEO Larry Fink said most other Wall Street leaders he talks to believe the U.S. is already in a recession, but called the moment a "buying opportunity"

Latin Times

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The Independent UK

The US president must act now to prevent his ‘Trump Slump’ becoming a global one

THE INDEPENDENT VIEW: Editorial: As confidence drains from the world economy, the stock market contagion sparked by Donald Trump’s tariffs could yet spread to the banks, with a trade recession joined by a credit crunch. If he presses on, the dangers are unthinkable

The Independent UK

Global recession fears as markets plunge on Trump’s tariff ‘medicine’

Banks warn of slowdown but president threatens to escalate trade war with China by imposing even higher import taxes

Fortune

Even Trump’s allies fear he’s leading America into a recession with his tariffs. Here are some off-ramps

The tariffs have shocked corporate leaders, who are halting investments, freezing hiring, and beginning shutdowns.

Barchart

Stocks Pressured by Global Trade War Fears

The S&P 500 Index ($SPX ) (SPY ) today is down -1.84%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -2.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.65%. June E-mini S&P futures (ESM25 ) are down -1.23%, and June E-mini Nasdaq futures...

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Euronews

US markets sink further as Europe offers openness to zero tariffs

US stocks fell further as tariff fears deepened, with the S&P 500 entering bear market territory. Trump defended new trade barriers, while Europe signalled openness to talks. Recession risks rose, and investors shifted to defensive sectors.

MarketBeat

2 Defensive Sectors to Protect Your Portfolio During a Recession

Consumer Staples and Utilities historically outperform during recessions, offering relative safety as investors seek defensive sectors.

Barchart

Global Equity Markets Sink on Tariff Turmoil

The S&P 500 Index ($SPX ) (SPY ) today is down -2.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -2.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.98%. June E-mini S&P futures (ESM25 ) are up +0.56%, and June E-mini Nasdaq futures...

Fortune

Jamie Dimon concerned Trump tariffs will leave the U.S. out in the cold

Jamie Dimon's annual letter to shareholders warned that Trump's tariffs may push America's former allies to rely more heavily on nations like China and Russia.

Latin Times

US' Chances of Recession Inch Dangerously Close to 50 Percent As Trump Backs Sweeping Tariff Play

Goldman Sachs placed the chances of a recession at 45% as the impact of Trump's tariffs continue to roil markets

Salon

The ultimate MAGA loyalty test

Self-preservation may start to look a little different to Republicans if the country is mired in a recession

The Guardian - UK

Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss

Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too long

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