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The Latest Breaking News from Recession

What a rich time for dramas about the 1%

With a recession looming, is now a good time to debut a show about a rich man with problems? Sadly, yes

Salon

Ray Dalio says a recession is likely—but not a normal one: 'We are changing the monetary order'

“I’m more worried about the greater dynamic of these conflicts,” the Bridgewater Associates founder said after President Donald Trump pressed pause on some tariffs, but placed more on China.

Fortune

Trump’s tariffs: A simple illustrated guide to 15 economic terms to know

What do terms like tariffs, trade deficits, trade wars, bonds, and recession mean in simple language?

Al Jazeera

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55 Elder Millennials Share Their Experiences Of The 2008 Recession

One Redditor turned to Elder Millennials, the generation who lived through the 2008 recession, and asked them to share their memories. What were the warning signs? How did it affect their daily lives? And what did it take to keep going?

Bored Panda

Top economist Larry Summers is highly concerned U.S. Treasuries were trading 'like those of an emerging market nation'

In a wide ranging interview with Fortune, the former Treasury Secretary also says we're already seeing the first signals of a possible recession.

Fortune

Germany topples giant ‘Zero’ monument symbolizing fiscal prudence as new government embraces debt

Germany has erected monuments to smashing debt all over the country, but as spending rises, some are starting to come down.

Fortune

Aussie shares lower as uncertainty trumps confidence

The Australian share market has finished the week down after a tariff delay wasn't enough to offset worries over an escalating US-China trade war.

AAP

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Is Our Obsession With Trinkets A Recession Indicator?

From Sonny Angels to Sylvanian Families, trinket culture is booming, but could our obsession with tiny collectibles be a recession indicator?

Pedestrian.tv

Experts warn global recession risk remains despite Trump tariff pause

IN FULL

The Independent UK

'Bond King' Bill Gross warns Gen Z and millennials will be the biggest losers from tariff-fueled market swings that rely on whether Trump 'had a good night's sleep'

The president pressed pause on some tariffs, but after a relief-fueled rally, stocks retreated less than 24 hours later and fears of inflation and a potential recession still swirl.

Fortune

What the spiralling trade war means for relations between the US and China

Donald Trump has partially walked back on his so-called “liberation day” tariffs on nearly all US imports after fears mounted that the move would result in a global recession and much higher borrowing costs for the US government.

The Conversation

Fund managers quietly fear Trump doesn’t have a tariff plan and that he ‘might be insane’

Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’

The Independent UK

‘The damage is done’: Why Trump’s tariff pause has not stopped the risk of global recession

Even with a 90-day halt on aggressive tariff hikes, leading economists say uncertainty has already caused considerable harm

The Independent UK

Goldman Sachs pulled its recession call moments after Trump pressed pause on tariffs. Moody's chief economist isn't convinced: 'I take no solace in the president's announcement'

Markets are bouncing back, but not everyone is so relieved.

Fortune

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Euronews

A dead cat bounce? Six market terms to know in an era of trade wars

As Trump's global tariff war takes a new turn after the announcement of a 90-day pause on tariffs, here are some of the most important market terms investors should know.

The Guardian - UK

Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent it

In the first of a two-part series, the former prime minister outlines a global response to Donald Trump’s tariffs

Kiplinger

Is the Economy at Risk of a Recession Because of Tariffs? What the Experts Are Saying

With the stock markets up and down and tariffs on and off everyone including retirees may wonder what it means for the economy. Here's what the experts think.

International Business Times

Delta To Trim Capacity In Light Of Weakening Travel Demand

Delta Air Lines withdrew its full-year profit forecast Wednesday and shelved some planned capacity hikes, pointing to a weakening demand outlook amid recession worries and whipsawing trade wars.

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The Guardian - US

Trump pauses plans to hike US tariffs on most countries except China

Trump says he will raise US tariffs on Chinese exports to 125% and unveils 90-day pause for other countries

Fortune

Jamie Dimon eyes a ‘likely’ recession, unless the Trump administration turns tariffs into trade deals: ‘That’s the best thing they can do’

Dimon, CEO of JPMorgan Chase, is one of the most respected figures in corporate America.

Al Jazeera

Eight charts that reveal the economic impact of Trump’s tariffs

The tariffs have hit dozens of economies, representing the biggest disruption to global trade in decades.

The Independent UK

Trump promotes Jamie Dimon interview after JPMorgan CEO predicts tariffs will ‘likely’ cause recession

‘Fixing Trade and Tariffs is a good thing!’ Donald Trump quoted Jamie Dimon from a Fox interview, failing to note that the JPM chairman warned of a ‘likely’ recession

The Independent UK

Energy demand erodes in face of global economic slowdown as trade war intensifies

Oil prices slid to a four-year low Wednesday as fears of a global recession grew amid the latest round of tariff increases

International Business Times

Markets Slide As U.S.-China Trade Fight Escalates

The tariffs now cover nearly all U.S. trading partners and have sparked fears of a global recession.

The Independent UK

Jamie Dimon tells Maria Bartiromo that recession is ‘likely’ and he expects defaults amid trade war

The JP Morgan Chase chairman also said that ‘sticky inflation’ will not go away anytime in the near future

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