Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Benzinga

Business

Chris Katje

Did Elon Musk Predict The US Recession?

Elon Musk Recession White House GDP United States

Ask economists, analysts and the White House if the United States is in a recession, and you will get different answers. With the U.S. posting two straight quarters of negative GDP growth, one definition of a recession was hit this week. Did the world’s richest man correctly predict a recession?

What Happened: The world’s richest man and Tesla Inc (NASDAQ:TSLA) CEO Elon Musk tweeted in December 2021 a prediction that the U.S. would enter a recession.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Ukrainian soldiers in combat have access to Starlink satellite internet restricted

Ukrainian soldiers in combat have access to Starlink satellite internet restricted

Outage of terminals managed by Elon Musk’s SpaceX comes as Russia launches ballistic missiles at Ukraine without any advance warning from US

The Guardian - UK

Two Central North Carolina Adults Died of West Nile Virus as Mosquito Season Stretches Into Mid-October

Two Central North Carolina Adults Died of West Nile Virus as Mosquito Season Stretches Into Mid-October

Two adults in central North Carolina died of West Nile virus. Learn who faces the highest risk, which symptoms matter, and how to prevent bites.

Judge extends White House access to banned media outlets CNN, MS Now and Politico

Judge extends White House access to banned media outlets CNN, MS Now and Politico

District court judge Timothy Kelly was ruling after the Trump administration blocked access to the three outlets in September

The Guardian - US

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

Former Bangladesh prime minister Sheikh Hasina has called Dhaka's decision to skip the Brics summit in India “deeply unfortunate”, saying the country's participation could have opened new opportunities for its economic and social development.

The Times of India

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US Justice Department threatens California over alleged noncitizen voters' list

US Justice Department threatens California over alleged noncitizen voters' list

The US Justice Department has directed California officials to investigate alleged noncitizen voters within 48 hours. It has demanded that ballots from these voters be withheld until their citizenship is confirmed. The department underlines its commitment to ensuring election integrity and may take legal action if demands are not met.…

The Economic Times

Live: Loud explosions heard in Saudi capital Riyadh following attack on Aramco building

Live: Loud explosions heard in Saudi capital Riyadh following attack on Aramco building

Loud explosions were heard in the Saudi Arabian capital of Riyadh, AFP journalists said on Wednesday. Saudi Arabia earlier reported damage to an Aramco building in Dhahran and four people wounded in Riyadh after the kingdom intercepted Houthi missiles targeting the capital. Follow our liveblog for the latest updates.

Related Stories

Top stories on inkl right now

Ukrainian soldiers in combat have access to Starlink satellite internet restricted

Ukrainian soldiers in combat have access to Starlink satellite internet restricted

Outage of terminals managed by Elon Musk’s SpaceX comes as Russia launches ballistic missiles at Ukraine without any advance warning from US

The Guardian - UK

Two Central North Carolina Adults Died of West Nile Virus as Mosquito Season Stretches Into Mid-October

Two Central North Carolina Adults Died of West Nile Virus as Mosquito Season Stretches Into Mid-October

Two adults in central North Carolina died of West Nile virus. Learn who faces the highest risk, which symptoms matter, and how to prevent bites.

Judge extends White House access to banned media outlets CNN, MS Now and Politico

Judge extends White House access to banned media outlets CNN, MS Now and Politico

District court judge Timothy Kelly was ruling after the Trump administration blocked access to the three outlets in September

The Guardian - US

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

Former Bangladesh prime minister Sheikh Hasina has called Dhaka's decision to skip the Brics summit in India “deeply unfortunate”, saying the country's participation could have opened new opportunities for its economic and social development.

The Times of India

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US Justice Department threatens California over alleged noncitizen voters' list

US Justice Department threatens California over alleged noncitizen voters' list

The US Justice Department has directed California officials to investigate alleged noncitizen voters within 48 hours. It has demanded that ballots from these voters be withheld until their citizenship is confirmed. The department underlines its commitment to ensuring election integrity and may take legal action if demands are not met.…

The Economic Times

Live: Loud explosions heard in Saudi capital Riyadh following attack on Aramco building

Live: Loud explosions heard in Saudi capital Riyadh following attack on Aramco building

Loud explosions were heard in the Saudi Arabian capital of Riyadh, AFP journalists said on Wednesday. Saudi Arabia earlier reported damage to an Aramco building in Dhahran and four people wounded in Riyadh after the kingdom intercepted Houthi missiles targeting the capital. Follow our liveblog for the latest updates.

Our Picks

What Is the October Canon Event? TikTok's Viral Theory About Life-Changing Experiences

From texting an ex to losing a friend or making a spectacularly bad decision, TikTok has a name for October's unexpected disasters.

International Business Times UK

Miley Cyrus Fuels Super Bowl Halftime Show Speculation as 2027 Performer Mystery Intensifies

Miley Cyrus has reignited speculation about the 2027 Super Bowl halftime show after posting about "Bowl rehearsals", although the message may refer to her Hollywood Bowl dates.

International Business Times UK

William Shatner’s kidney stone sold for $75,000, helping a Louisiana family get a home

Most people who pass a kidney stone would happily never see it again, but William Shatner’s experience took an unexpected turn. The Star Trek actor’s small black kidney stone, which he assumed had been discarded after removal, became an unusual fundraising item when a Canadian gambling company expressed interest in…

The Times of India

'62 years in the making': Joni Mitchell becomes US citizen

Joni Mitchell has become a US citizen, 62 years after she first left Canada.

Woman Goes In For An Oil Change. Then She Gets Strange Looks When She Decides To Stay In The Car

“My husband thinks I’m crazy for sitting in my car."

55 Interesting Facts And Posts About The World Around Us

Well-informed people are often called insufferable know-it-alls, but that might just be jealousy. If you secretly wish to be a trivia-night hero, these fascinating facts are just what you need. They are so interesting, you might lose track of time by the end. Just scroll through and check them out…

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play