The Latest Breaking News from Recession

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.

Analysts warning of ‘high risk’ US now enters recession this year after unveiling blanket global tariffs

Trump finally unveiled his long-awaited tariff plan. Here’s what happened on ‘liberation day’

Forecasters predicting high chance of recession in next 12 months

THE INDEPENDENT VIEW: Editorial: Decades of painstaking work to establish rules for international trade are being undone by the stroke of a presidential Sharpie. To restore order, something akin to a peace process will be needed

Economists fear the president’s escalating trade war could have a damaging ripple effect that drives up prices

Trump’s tariffs on EU goods could slash exports by at least €85 billion, hitting autos and pharmaceuticals hardest. Germany, Denmark and Central Europe face sharp fallout, raising recession risks and forcing the ECB to consider rate cuts.

Mark Cuban warns of a looming “Red Rural Recession” as federal job cuts under Trump’s administration disproportionately devastate small towns, veterans, and civil servants who now face mass layoffs, economic turmoil, and regret.