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.

Fortune

Sydney Lake

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

Elon Musk Recession United States Campbell Donald Trump Mick Beekhuizen Ray Dalio Nestle PepsiCo

woman shopping for Campbell's soup in grocery store (Credit: Getty Images—Jeffrey Greenberg/Universal Images Group)

Elon Musk said yesterday he predicts a recession for later this year, a call many executives have made since President Donald Trump implemented his tariff regime. The threat to business activity has also caused concern about a potential recession. Some consumer behaviors can indicate when a recession might be on the way.

Amid Elon Musk and Donald Trump’s mudslinging on Thursday, the Tesla CEO said the president’s tariffs “will cause a recession in the second half of this year.”

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

Kremlin blasts France’s nuclear missile test, calls anti-Russia strategy a ‘dead end’

Kremlin blasts France’s nuclear missile test, calls anti-Russia strategy a ‘dead end’

The Kremlin on Wednesday criticised France's test launch of a nuclear-capable missile, saying Europe's defence identity was being built around confrontation with Russia and calling the strategy a "dead end".

The Times of India

‘Russia pursuing deliberate strategy of terror’: EU sends €1.24 billion to Ukraine

‘Russia pursuing deliberate strategy of terror’: EU sends €1.24 billion to Ukraine

A Russian strike destroyed an apartment block in Pryluky, in the northern Chernihiv region, killing 13 people, including four children, and injuring about 50, Interior Minister Ihor Vyhivskyi said. Deaths were also reported in Kyiv and three other Ukrainian cities. In Kremenchuk, in the Poltava region, two people were killed…

The Times of India

Man finishes voting for the Brazilian presidential election at Miami Dade College. Then he allegedly puts on an ICE costume to intimidate voters

Man finishes voting for the Brazilian presidential election at Miami Dade College. Then he allegedly puts on an ICE costume to intimidate voters

He wanted to see how people would react.

We Got This Covered

A New Orleans judge wanted to press charges against a TV news station. But it hadn’t violated any law

A New Orleans judge wanted to press charges against a TV news station. But it hadn’t violated any law

Kimya Holmes relied on a repealed law to force WWL Louisiana to remove details of a gift she received from a man accused of pandemic-relief fraud

The Guardian - US

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

Already a member? Sign in here

Christa Pike is awake after failed execution as her attorneys seek more information

Christa Pike is awake after failed execution as her attorneys seek more information

Christa Pike, a death row inmate in Tennessee, is awake and speaking after surviving a failed execution attempt

The Independent UK

Andrew Tate Extradition Explained: 42 UK Charges and 81 Days in Miami Custody With No Final Hearing

Andrew Tate Extradition Explained: 42 UK Charges and 81 Days in Miami Custody With No Final Hearing

Andrew Tate extradition: learn what the Crown Prosecution Service accuses him of, why a Florida court refuses to free him, and what must happen before any trial in England.

International Business Times UK

Related Stories

Top stories on inkl right now

Kremlin blasts France’s nuclear missile test, calls anti-Russia strategy a ‘dead end’

Kremlin blasts France’s nuclear missile test, calls anti-Russia strategy a ‘dead end’

The Kremlin on Wednesday criticised France's test launch of a nuclear-capable missile, saying Europe's defence identity was being built around confrontation with Russia and calling the strategy a "dead end".

The Times of India

‘Russia pursuing deliberate strategy of terror’: EU sends €1.24 billion to Ukraine

‘Russia pursuing deliberate strategy of terror’: EU sends €1.24 billion to Ukraine

A Russian strike destroyed an apartment block in Pryluky, in the northern Chernihiv region, killing 13 people, including four children, and injuring about 50, Interior Minister Ihor Vyhivskyi said. Deaths were also reported in Kyiv and three other Ukrainian cities. In Kremenchuk, in the Poltava region, two people were killed…

The Times of India

Man finishes voting for the Brazilian presidential election at Miami Dade College. Then he allegedly puts on an ICE costume to intimidate voters

Man finishes voting for the Brazilian presidential election at Miami Dade College. Then he allegedly puts on an ICE costume to intimidate voters

He wanted to see how people would react.

We Got This Covered

A New Orleans judge wanted to press charges against a TV news station. But it hadn’t violated any law

A New Orleans judge wanted to press charges against a TV news station. But it hadn’t violated any law

Kimya Holmes relied on a repealed law to force WWL Louisiana to remove details of a gift she received from a man accused of pandemic-relief fraud

The Guardian - US

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

Already a member? Sign in here

Christa Pike is awake after failed execution as her attorneys seek more information

Christa Pike is awake after failed execution as her attorneys seek more information

Christa Pike, a death row inmate in Tennessee, is awake and speaking after surviving a failed execution attempt

The Independent UK

Andrew Tate Extradition Explained: 42 UK Charges and 81 Days in Miami Custody With No Final Hearing

Andrew Tate Extradition Explained: 42 UK Charges and 81 Days in Miami Custody With No Final Hearing

Andrew Tate extradition: learn what the Crown Prosecution Service accuses him of, why a Florida court refuses to free him, and what must happen before any trial in England.

International Business Times UK

Our Picks

The 'World's Oldest' Bartender's Very Illegal Basement Bar

A recent profile of 103-year-old Irv Koch's basement bar highlights all the ways that modern zoning codes crush novel and fun third places.

Harry Potter and Cursed Child director pushed back on making play shorter: ‘I was dragged kicking and screaming’

Play, which originally opened in 2016 as two parts, has been condensed into one production

The Independent UK

Smokers have a lower risk of Parkinson’s – we may have found out why

Smoking is one of the biggest causes of ill health and early death. Yet smokers seem to have a lower risk of developing Parkinson’s disease than non-smokers – by around half according to some studies.

The Conversation

NY Woman finds stolen Tamayo painting in trash; Sotheby’s sells it for $1.049 million

In 2003, Elizabeth Gibson found a brightly coloured painting in the rubbish on Manhattan’s Upper West Side. She later discovered it was Rufino Tamayo’s 1970 work “Tres Personajes”, stolen from a Houston couple in 1987. Sotheby’s planned to auction it for up to $1 million.

The Times of India

Jaden Newman Leaked Video Controversy: Viral Post Claims LaMelo Ball Paid Her $250K for One Encounter

A viral post claimed LaMelo Ball paid Jaden Newman $250,000 after seeing a private video, but no reliable evidence supports the alleged payment, encounter or quote.

International Business Times UK

His Wife Says Decades of Sleep Talking Nearly Went Quiet After Hypnosis Gave Her a One-Word Cue

A man's decades-long sleep talking faded after hypnosis gave his wife a librarian's "Shhhh" as a cue, a case report says. Here's what it shows.

Fourteen days free

Download the app

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

Download on the AppStore

Get it on Google Play