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The Latest Breaking News from Recession

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn

The Guardian - AU

Ray Dalio Says US Will Lose The War With Iran if It Fails to Break the Strait of Hormuz Blockade

Billionaire investor Ray Dalio warns that the United States risks an 'empire-ending' defeat and the collapse of the petrodollar if it fails to break Iran's blockade of the Strait of Hormuz.

International Business Times UK

Trump's 'Art of the Deal' can't reopen the Strait of Hormuz — and it's threatening a recession

For four decades, Trump bent the rules, walked away from debts, and rewrote agreements midstream. The Strait of Hormuz defies the Art of the Deal.

Fortune

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read the most diverse news in one place.

The Iran war is a new test of America's economic superpower

The economy's scale, diversity and adaptability have allowed it to continue chugging along whenever crises arise.

Axios

Goldman just raised recession odds to 25%. Here's what Trump's war economy is doing to jobs

Payrolls shed 92,000 jobs in February, openings keep falling, and Goldman says the breakeven rate isn't being met. The labor market is sending a warning.

Fortune

Recession and stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’

"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.

Fortune

I Asked ChatGPT How the Middle Class Should Prepare for a Possible 2026 Recession: 7 Top Tips

Using ChatGPT, this breaks down seven practical tips to help middle‑class families prepare for a possible 2026 recession, from savings to job security.

GOBankingRates

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Iran oil shock: the EU has very few options to limit the war’s economic impact – and prevent a recession

After the US and Israel began their military strikes on Iran on February 28, oil and gas markets were plunged into chaos and energy prices shot up. As of today, Brent Crude Oil prices are 20% higher than in late February. They went from around $70 a barrel in late…

The Conversation

The Iran war's economic blowback is getting real

As oil prices surge, recession odds nearly doubled this month.

Axios

'Nightmare scenario' looms as global markets head for the biggest oil output disruption in history, top energy guru warns

“The fear? That this will result in skyrocketing energy prices that send the world economy plummeting into a deep recession.”

Fortune

Iran War, CPI and Other Key Thing to Watch this Week

Markets enter a critical week following last week's February jobs report that showed the U.S. economy lost around 92,000 jobs, which was a dramatic miss that has intensified recession concerns and raised questions about economic resilience amid escalating geopolitical tensions.

Barchart

Iran's strikes on Gulf energy sites rattle markets and raise recession fears

Iran’s apparent erratic strikes all over the Gulf and now Azerbaijan, together with its stranglehold of the vital Strait of Hormuz, have resulted in a growing strain on the world’s global energy supplies with incalculable consequences ahead.

Euronews

Anthropic just mapped out which jobs AI could potentially replace. A 'Great Recession for white-collar workers' is absolutely possible

The red jobs are what AI is doing now, Anthropic says. The blue ones are what it's coming for next.

Fortune

5 Ways to Save on Groceries During a Recession

When the economy takes a massive downturn, the grocery store becomes a highly stressful environment for any family. You watch your monthly income stagnate while the price of basic bread and milk continues to climb relentlessly. Surviving a recession requires a completely different approach to how you stock your kitchen…

Grocery Coupon Guide

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Euronews

'Then the euro will slide': Experts warn of prolonged war with Iran

Trump has given the Iran war four weeks. But if the conflict drags on, economists warn the euro could slide — and prominent economist Daniel Stelter goes further, predicting a full recession.

International Business Times UK

Strait of Hormuz Closure is a Guaranteed Global Recession, Inflation Risks Surge on Rising Oil Prices

The closure of the Strait of Hormuz could impact global energy supply chains and drive up oil prices, which analysts believe could lead to a worldwide recession.

Fortune

How the war in Iran could ‘guarantee’ a global recession

How a waterway barely 30 miles wide could plunge the world into recession.

GOBankingRates

I Asked ChatGPT To Design a Recession-Proof Household Budget

I asked ChatGPT to help me design a recession-proof household budget for the three general "levels" of the middle-class.

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news in one place.

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Fortune

Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever

Boomers—particularly wealthy older people—are “driving the train” when it comes to the economy right now, economists told Fortune.

GOBankingRates

This Money Expert Would ‘Never’ Do This in a Recession: Should You?

A money expert explains the one move to avoid in a recession, plus smart investing and personal finance strategies to protect cash and portfolios.

Fortune

‘Ghost GDP,’ a white-collar recession, and the death of friction: Substack’s top finance writer warns of AI’s 2028 crisis that nobody sees coming

The S&P 500 will also plunge 38%, and unemployment will exceed 10%, James Van Geelen’s Citrini Research predicts.

Everybody Loves Your Money

The Dating Recession: How High Inflation Is Keeping Singles From Finding Love

Have soaring prices killed the thrill of dating? Across cities and coffee shops, the cost of love has surged, and singles are feeling it in their wallets. Dinner dates now come with a side of sticker shock, weekend getaways feel like splurges, and even a casual night out carries the…

GOBankingRates

I Asked ChatGPT To Stress-Test a Middle-Class Budget for a Recession

Here is the recession-ready budget the artificially intelligent chatbot gave me.

Euronews

Japan narrowly avoids a technical recession in 2025, government report shows

Japan's economy grew at only a 0.2% annual pace in the last quarter of 2025, according to a government report released this Monday. Growth for all of last year came in at just 1.1%.

The Guardian - UK

UK consumer sentiment takes a tumble; bad weather threaten fruit supplies but boosts Morocco’s wheat crop – as it happened

Rolling coverage of the latest economic and financial news, as UK households grow more worried about debts

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