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SHOCKING: 6 - What They Never Told You

Wall Street's recession odds are starting to look like a coin flip as Trump refuses to back down on his trade war

"If we would continue down this road of what would be more disruptive, business-unfriendly policies, I think the risks on that recession front would go up."

Fortune

Five of the world’s richest people attended Trump’s inauguration. They have lost $209 billion since that day

Elon Musk’s net worth has tumbled by $148 billion alone since Trump took office

The Independent UK

Is a Recession Coming in 2025? 3 Experts Weigh In.

Experts are increasingly concerned that Trump tariffs could lead to a recession in 2025, with one even pegging the possibility at 75%.

Barchart

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Even as US slashes jobs, ‘it is the calm before the storm’, economists warn

An upcoming trade war and more DOGE job cuts will hammer the US economy, economists warn.

Al Jazeera

Recession chances are ‘close to 50/50,’ Clinton’s treasury secretary says

The warnings from economists come amidst chaos and uncertainty created by President Donald Trump’s trade war on Mexico, Canada and China

The Independent UK

Trump’s Tariffs and retailers’ warnings: The truth behind the US economy and whether a recession is coming

The economy under Trump’s first month in office is not what he promised on the campaign trail and it looks to be an uncertain year for the average American, economists told The Independent

The Independent UK

America’s consumer economy is hostage to its top earners—and that could mean trouble down the road

A Moody’s Analytics report revealed America’s wealthiest individuals are buoying discretionary spending.

Fortune

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Who's spending? The richest among us

The top 10% of earners in the U.S. are spending the most, while others are being cautious

Salon

‘Inflation is back,’ Trump says. ‘I had nothing to do with it’

An inflation surge in January is complicating Trump’s campaign promise to bring down prices on “day one.”

Fortune

US Fed Expected To Hold Rate Steady Despite Trump Pressure To Cut

After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.

International Business Times

US Fed Expected To Cut Again, Despite Uncertain Path Ahead

In the last couple of months, the Fed's favored inflation has ticked higher, moving away from the bank's long-term target of two percent, and raising concern that the battle against inflation is not over.

Latin Times

US Fed Expected To Cut Interest Rates Again, But Path Ahead Is Murky

The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead.

International Business Times

Experts say Kamala Harris housing plan is most-aggressive since World War II

“Our lack of affordable housing will continue to depress savings, opportunity, and growth in ways that will do long-term harm to the nation’s economy.”

Fortune

The anticipation of a Trump win is sending mortgage rates soaring. Top economists say scorching inflation is very likely to go with it

Rising inflation is what pickled the housing world in the first place.

Fortune

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Latin Times

Donald Trump's Plans to Fight Inflation Would Actually Make it Worse, Economists Say

While experts also disagree with some of Vice President Kamala Harris's proposals, they say her plans are not "inflationary" when compared to her opponent's.

The Independent UK

Trump's economic plans would worsen inflation, experts say

Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”

Fortune

Kamala Harris’s housing plan is the most aggressive since post–World War II boom, experts say

“Our lack of affordable housing will continue to depress savings, opportunity, and growth in ways that will do long-term harm to the nation’s economy.”

Salon

Prof: Trump inflation plan will backfire

Trump's “unrealistic and undesirable" plan could blow up the economy, experts warn

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Top News

Wall Street Reacts To Jobs Report With Fear And Uncertainty

Wall Street reacts with 'Extreme Fear' as jobs report disappoints, but experts remain cautiously optimistic about US economy's resilience.

Kiplinger

Why This Economist Thinks the Fed Is Already Late to Cut Rates

Moody's Analytics chief economist Mark Zandi talks to Kiplinger about what he thinks the Federal Reserve is getting wrong on inflation.

Latin Times

Immigrants help sustain job growth as inflation cools, economists say

Goldman Sachs told that to their clients in a note.

Fortune

The housing market shows that the tool the Fed is using to lower inflation is doing the exact opposite, former White House adviser says

"This breakdown in the housing supply pipeline is lifting the cost of buying and renting, driving up the very measure of inflation on which the Fed is relying."

WEKU

Many experts feared a recession. Instead, the economy has continued to soar

The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.

Kiplinger

Homebuyers Don’t Want To Keep Waiting For Mortgage Rates To Fall, Study Finds

Fewer prospective homebuyers are being scared off now by high mortgage rates, according to a Bank of America survey.

Fortune

Moody’s Mark Zandi says get used to mortgage rates at around 6% for the long term

“Everybody should get used to 5.5% to 6%, because that’s where mortgage rates are going to settle in, [in the] long run,” Zandi said.

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