The Latest Breaking News from Recession

Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.

Analysts at Wedbush Securities and Goldman Sachs as well as top economist Larry Summers predicted much economic pain ahead.

Respondents to a Federal Reserve Bank of Dallas survey expressed concern about a reduction in consumer demand and a potential recession.

The US president’s announcement has caused market chaos and threatens a trade war and US recession

Traders rush to sell stocks amid recession fears and widespread criticism of US policy; younger voters say men and women are growing apart politically

With global markets in disarray, is now the time to panic or stash cash in your attic? Personal finance influencer Vivian Tu, tells Mike Bedigan what people should be doing instead

Donald Trump has always talked about how much he likes tariffs. And on April 2 2025, he showed that he meant it. For the president it was “liberation day”, but for his fellow world leaders it was a tense wait to see what percentage figure would be attached to their…

June S&P 500 E-Mini futures (ESM25) are down -3.09%, and June Nasdaq 100 E-Mini futures (NQM25) are down -3.42% this morning, pointing to a sharply lower open on Wall Street as sweeping tariffs announced by U.S. President Donald Trump fueled fears of an escalating trade war and economic slowdown.

Analysts warn of price hikes and a potential recession in the US, where stock futures have dropped.