Tag #Recession

Showing 97 to 108 of 437 results

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IMF Downgrades Global Growth Forecast Amid Trump Tariff Uncertainty

The International Monetary Fund (IMF) lowered its 2025 global growth forecast to 2.8% due to President Trump's tariffs and resulting uncertainty, predicting a 1.8% U.S. growth rate with a 37% chance of recession and slower growth for China and the European Union.

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theglobeandmail.com
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U.S. Slowdown Risks Canadian Economic Downturn

Wall Street strategist Torsten Slok forecasts a 90% chance of a sharp U.S. economic slowdown, potentially causing a significant Canadian economic downturn due to close economic ties; this prediction is based on analysis of past tariff impacts and the potential for a 4% decrease in U.S. GDP.

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nbcnews.com
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Trump's Economic Approval Rating Plummets to Record Low

A CNBC All-America Economic Survey reveals President Trump's economic approval rating has fallen to a record low of 43%, with 55% disapproving, driven by negative views on tariffs, inflation, and government spending; 49% of Americans believe the economy will worsen.

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theglobeandmail.com
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Tough Job Market for Canadian Graduates Amidst Recession Fears

Canada's youth unemployment rate hit 13.7 percent in March 2024, double the national average, as experts predict a recession impacting hiring and creating a difficult job market for new graduates, potentially leading to long-term financial consequences.

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theglobeandmail.com
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Alberta Oil Industry Shows Resilience Amidst Global Market Uncertainty

Alberta's oil industry shows resilience amidst falling oil prices (US\$61-62/barrel), contrasting with struggling U.S. shale producers; strong balance sheets and lower costs buffer Canadian companies against market fluctuations, although global recession risks remain.

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Climate Action
forbes.com
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Trump Tariffs, Recession Fears, and Bitcoin's Unexpected Rise

Ray Dalio warned of a potential recession worse than 2008 due to President Trump's tariffs weakening the U.S. dollar, yet Bitcoin's price has risen despite 40-60% recession odds, with some analysts viewing a recession as a potential catalyst for its price increase.

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bbc.com
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IMF Downgrades US Growth Forecast to 1.8% Amidst Trade War Uncertainty

The IMF drastically lowered its 2025 US growth forecast to 1.8% from 2.7%, citing increased trade tariff uncertainty as the primary cause, predicting a global economic slowdown and a 40% chance of US recession in 2025.

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36% Bias Score

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forbes.com
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Trump's Trade War and Powell Clash Trigger Market Turmoil

Monday's financial market turmoil, triggered by President Trump's trade war and confrontation with Federal Reserve Chairman Powell, sent stocks lower, bond yields higher, and the dollar to a multiyear low, while gold and bitcoin surged as investors sought safe havens.

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abcnews.go.com
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Trump Tariffs Fuel Recession Fears Despite Strong Economic Data

President Trump's recent tariffs have caused market volatility and recession fears, despite positive economic data like low unemployment and cooling inflation; economists attribute this discrepancy to reporting lags, with consumer sentiment surveys reflecting significant economic anxiety.

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edition.cnn.com
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Consumer Pessimism on Unemployment Spikes to Pandemic Levels

A March 2024 New York Fed survey reveals 44% of Americans believe unemployment will rise in the next year, the highest since April 2020, driven by unpredictable federal policies and recession fears, despite continued job market strength.

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kathimerini.gr
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JPMorgan Chase Profits Rise Amid CEO's Warning of Economic Disruptions

JPMorgan Chase's Q1 2025 net income rose 9%, yet CEO Jamie Dimon warned of significant economic disruptions, leading the bank to allocate $3.3 billion for potential loan losses, a trend mirrored, though less drastically, by Wells Fargo, reflecting concerns about the economy's future.

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56% Bias Score

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abcnews.go.com
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Venezuela's Economic Crisis Deepens Amidst Hyperinflation and Political Instability

Venezuela is facing a severe economic crisis marked by hyperinflation and a falling bolivar, impacting citizens' purchasing power and prompting President Maduro to declare an economic emergency. The crisis is linked to reduced oil revenues and unsustainable government measures.

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40% Bias Score

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Showing 97 to 108 of 437 results