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US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
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NDTV Exclusive: India Should Not Do Somersaults To Please Trump Says, Top Economist On Tariffs
Mr Sachs emphasised that trade deficits occur when a country, in aggregate, spends more than it produces. He lambasted Mr Trumps understanding of the issue, saying, "It is dramatically wrong and oversimplified to the point of being ridiculous."
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"Trump Tariffs Will Cause Recession This Year": Elon Musk's Nastiest Digs
Musk also took a shot at Trumps election win. Trump had claimed that he would have won Pennsylvania even without Musk, but the tech billionaire says that Trump only won because he spent hundreds of millions of dollars and campaigned for Trump.
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Trump's Approval Rating Drops To 42%, Economic Concerns Weigh: Poll
President Donald Trump's approval rating ticked slightly lower this week to 42%, matching the lowest level of his new term as Americans kept a dour view of his handling of the US economy, according to a new Reuters/Ipsos poll.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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Global Economy Likely To Avoid Recession Despite Tariffs: IMF Chief
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
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"Malignant Stupidity": Economists Blast Trump's Tariffs, Fear Recession
Economists are voicing alarm over President Donald Trump's steep tariffs on imports into the US, sparking a trade war that experts say could tip many countries into recession.
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Did Elon Musk Ask Donald Trump To Reverse China Tariffs? What We Know
US President Donald Trump and his billionaire advisor Elon Musk don't seem to be on the same page about America's sweeping tariffs that sent shockwaves across the globe, sparking fears of recession and a global trade war.
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Will Trump Tariffs Lead To A Recession? Here's What Economists Have To Say
President Donald Trump's sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the US could tip into recession.
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"Non-Aligned Nations Like India...": JPMorgan CEO's Advice To Donald Trump
Jamie Dimon, chief executive officer at JPMorgan Chase & Co, has warned that the recent tariff measures announced by US President Donald Trump may spark inflation and lead to recession in the world's biggest economy.
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
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"Black Monday Of 1987": US Expert's Stark Warning As Trump Tariffs Rattle Global Markets
Sounding alarm bells after US President Donald Trump's Liberation Day global tariff plans crushed global stocks, CNBC host Jim Cramer predicted global markets could witness a blood bath that could expand into a crash similar to 1987's "Black Monday."
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JP Morgan Predicts US Recession By Year End Amid Donald Trump's Tariffs
Donald Trump announced, on April 2, the imposition of reciprocal tariffs on many countries as a part of his administration's attempt to rebalance trade relationships with major US trading partners.
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Dollar, Stocks Sink, Gold Hits High On Trump Tariffs
The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation.
-
US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
-
NDTV Exclusive: India Should Not Do Somersaults To Please Trump Says, Top Economist On Tariffs
Mr Sachs emphasised that trade deficits occur when a country, in aggregate, spends more than it produces. He lambasted Mr Trumps understanding of the issue, saying, "It is dramatically wrong and oversimplified to the point of being ridiculous."
-
"Trump Tariffs Will Cause Recession This Year": Elon Musk's Nastiest Digs
Musk also took a shot at Trumps election win. Trump had claimed that he would have won Pennsylvania even without Musk, but the tech billionaire says that Trump only won because he spent hundreds of millions of dollars and campaigned for Trump.
-
Trump's Approval Rating Drops To 42%, Economic Concerns Weigh: Poll
President Donald Trump's approval rating ticked slightly lower this week to 42%, matching the lowest level of his new term as Americans kept a dour view of his handling of the US economy, according to a new Reuters/Ipsos poll.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
Global Economy Likely To Avoid Recession Despite Tariffs: IMF Chief
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
-
"Malignant Stupidity": Economists Blast Trump's Tariffs, Fear Recession
Economists are voicing alarm over President Donald Trump's steep tariffs on imports into the US, sparking a trade war that experts say could tip many countries into recession.
-
Did Elon Musk Ask Donald Trump To Reverse China Tariffs? What We Know
US President Donald Trump and his billionaire advisor Elon Musk don't seem to be on the same page about America's sweeping tariffs that sent shockwaves across the globe, sparking fears of recession and a global trade war.
-
Will Trump Tariffs Lead To A Recession? Here's What Economists Have To Say
President Donald Trump's sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the US could tip into recession.
-
"Non-Aligned Nations Like India...": JPMorgan CEO's Advice To Donald Trump
Jamie Dimon, chief executive officer at JPMorgan Chase & Co, has warned that the recent tariff measures announced by US President Donald Trump may spark inflation and lead to recession in the world's biggest economy.
-
"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
-
Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
-
"Black Monday Of 1987": US Expert's Stark Warning As Trump Tariffs Rattle Global Markets
Sounding alarm bells after US President Donald Trump's Liberation Day global tariff plans crushed global stocks, CNBC host Jim Cramer predicted global markets could witness a blood bath that could expand into a crash similar to 1987's "Black Monday."
-
JP Morgan Predicts US Recession By Year End Amid Donald Trump's Tariffs
Donald Trump announced, on April 2, the imposition of reciprocal tariffs on many countries as a part of his administration's attempt to rebalance trade relationships with major US trading partners.
-
Dollar, Stocks Sink, Gold Hits High On Trump Tariffs
The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation.
