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The Latest Breaking News from Recession

Stocks close mixed on news of GDP decline, recession fears grow

Major earnings later Wednesday will be closely watched by Wall Street: Qualcomm, Meta, and Microsoft all report after the bell.

Fortune

Healthcare jobs are practically recession-proof, says Indeed—here's how to get in and make over $100K

Healthcare may be job seekers' best bet at a stable six-figure salary in the current climate. Experts say applicants should leverage connections and pick private hospitals to score the best salary.

Fortune

Private hiring slowed in April out of fear of tariff impacts. 'Unease is the word of the day,' ADP chief economist says

These job gains were even lower than economists had expected.

Fortune

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Stocks stumble as GDP news stokes recession fears and Trump puts blame on 'Biden's stock market

Dow falls more than 750 at one point.

Fortune

Mexico Avoids Recession Despite Tariff Uncertainty

Mexico's economy returned to growth in the first quarter of 2025, avoiding a recession despite deep uncertainty over US President Donald Trump's sweeping tariffs, official data showed Wednesday.

International Business Times

US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs

Drop comes amid a huge fall in consumer sentiment, which in April dropped 32% to lowest level since 1990 recession

The Guardian - US

Trump claims shrinking US economy ‘nothing to do with tariffs’ as GDP drop raises risk of recession – as it happened

US on brink of ‘Trumpcession’ after jump in imports weighs down GDP… US president blames predecessor

The Guardian - UK

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Trump's tariffs loom over the economy as shipments from China fall

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next

The Independent UK

US Growth Figure Expected To Make For Tough Reading For Trump

US GDP figures for the first quarter are expected to show a sharp drop-off in growth -- and possibly even a recession -- reflecting a surge in imports before President Donald Trump's sweeping tariffs came into effect.

International Business Times

How Trump's First 100 Days Have Impacted Your Portfolio

President Trump's first 100 days in office have been busy, with a flurry of executive orders sparking volatility in the stock and bond markets.

Kiplinger

Consumers, businesses less upbeat about US economy despite Trump’s hype

Surveys show businesses and consumers are pessimistic about economic outlook as Trump completes 100 days in office.

Al Jazeera

People feel so bad about the economy because of tariffs and inflation that consumer confidence sank to a 13-year low

President Donald Trump’s tariff policies have largely impacted how consumers feel about the economy.

Fortune

Primark owner’s shares drop as sales fall amid Trump tariff fears

Company says consumer confidence could deteriorate further as countries face risk of recession

The Guardian - UK

German consumer sentiment rises again but remains fragile as headwinds persist

German consumer sentiment improves for a second month in April, driven by higher income expectations and lower savings, but remains weak amid ongoing recession fears, GfK and NIM report.

Euronews

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Fortune

Global stocks shake off reports of collapse in U.S. import trade

Apollo published a slide deck arguing that the reduction in imports would be enough to trigger a recession in the U.S. starting in the summer.

Evening Standard

Trump's tariff wars 'are not working,' says France's chief banker highlighting US recession fears

Francois Villeroy de Galhau slammed the uncertainty the US president’s import levies have sparked in economies and markets around the world

Fortune

CEOs are in distress and consumers fear job losses amid ‘stagflation shock,’ economist warns

New research from Apollo Global Management outlines the tariff impact on U.S. businesses and consumers. Signs are pointing toward recession by summer.

Kiplinger

Stock Market Today: Great Power Affairs Mesmerize Markets

The U.S. and China are at least talking about talking about tariffs, and investors, traders and speculators are showing a little less fear.

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The Guardian - UK

UK economy faces growth shock from Trump tariffs, says Bank governor

Andrew Bailey says UK not close to recession but he would be ‘encouraged’ if trade deal with US were agreed

Barchart

Is Disney Stock a Buy Now as Trump Tones Down Trade War Rhetoric?

Disney has lost roughly one-fifth of its market cap this year and is underperforming the markets.

Fortune

Commercial real estate giant CBRE sees choppy waters ahead due to tariffs: ‘Our outlook has become less clear’

“Things went from really good to not as good,” CBRE chairman and chief executive Bob Sulentic said in an earnings call Thursday.

Kiplinger

In Trump’s Economy, Should 401(k) Savers 'Set It and Forget It?'

It’s hard to bury your head in the sand when the markets are volatile. Here’s when it makes sense and when it doesn’t.

Evening Standard

OPINION - Are we facing a global recession?...The Standard Podcast

Listen here on your chosen podcast platform.

Evening Standard

Americans losing faith in ‘erratic’ Trump on tariff-hit economy as poll finds three quarters fear recession

But he is still more popular than Joe Biden, according to Ipsos survey

Evening Standard

Recession indicators: how social trends like lipstick, hemlines and champagne sales predict economic downturns

According to Forbes, ‘monitoring these trends is essential, as they will likely affect your job’

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Francois Villeroy de Galhau

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