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The Latest Breaking News from Recession

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.

International Business Times

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

The Guardian - US

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.

Fortune

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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.

Al Jazeera

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

The Independent UK

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.

International Business Times

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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

The Independent UK

Trump’s tariffs could push Australia into recession town. So why is the RBA waiting until May to meet?

Our central bank continues to act as though nothing out of the ordinary has happened. In fact, the opposite is true

The Guardian - AU

Delta CEO warns Trump tariffs are already threatening the $300 billion revenge travel market: 'We're acting as if we're going into a recession'

Bastian called Trump's tariffs "the wrong approach" as markets spiral.

Fortune

Jimmy Kimmel: ‘Somehow Donald Trump has managed to transform the stock market into Kanye West’

Late-night hosts discuss Trump’s escalation of a trade war, including 104% tax on Chinese imports, as markets plunge toward global recession

The Guardian - US

Hailey Bieber Brings Back the Bandage Dress Trend in a Cut-Out Saint Laurent Gown

Is this dress a recession indicator?

Marie Claire

Ex-treasury secretary predicts recession with 2 million more Americans unemployed

Larry Summers, who held the post during the presidency of Bill Clinton, is sounding the alarm over the impact of Donald Trump’s tariffs

The Independent UK

5 Winning US Stocks To Invest In Despite the Market Crash and Global Recession Fears

These five US stocks are defying market trends on new deals, technological breakthroughs, improved sectoral outlook, and strong fundamentals.

International Business Times UK

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Euronews

Oil prices tumble to four-year low as US-China trade war fuels recession fears

Crude oil prices plunged to a fresh four-year low as the US-China trade war escalated. Other economic-growth-sensitive commodities, including iron ore and copper, also slumped in recent sessions amid deteriorating demand outlooks in the world’s largest importer.

Evening Standard

London's FTSE 100 slumps again as China retaliates against Trump's tariffs

Fears of a recession escalate as US and China slug it out in hugely damaging trade war

The Guardian - UK

Will Trump’s tariffs tip the world into recession? – podcast

As countries reel from the Trump tariffs, can a global recession still be avoided? Richard Partington reports

Latin Times

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.

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news in one place.

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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

Fortune

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.

Latin Times

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.

Al Jazeera

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.

International Business Times

'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.

The Guardian - US

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

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