10 h. ago Economists Say Trade War Makes US Recession Almost a Coin Flip

Forecasters surveyed by Bloomberg now see a 45% of a downturn in the next year, up from 30% in March.

Economics

2 w. ago Trump’s Trade War Is Driving US Into Recession, Canada’s Carney Says

Canadian Prime Minister Mark Carney said Donald Trump’s tariff policy is an act of economic self-sabotage that’s pushing the US into a downturn.

Economics

2 w. ago Trump’s trade war darkens outlook as 1 in 3 Canadian firms plan for recession

A Bank of Canada survey said 32 per cent of Canadian businesses were planning ahead with the assumption that a recession will occur in Canada over the next year.

Economics

2 w. ago Oil Extends Slump as Saudis Slash Prices and Tariff Risks Mount

Oil sank at the week’s open after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand.

Economics

2 w. ago Oil Plummets as Trade Risks Increase and Saudis Slash Prices

Oil sank at the week’s open after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand.

Economics

2 w. ago US Stock Futures Tumble With Trump Team Digging In on Tariffs

US equity futures plunged, putting the S&P 500 on track for a bear market as the Trump administration dug in on a trade war economists warn will tip the world’s largest economy into recession.

Economics

2 w. ago UK Companies Could Gain Competitive Advantage From Trump Tariffs

Donald Trump’s preferential treatment of British exports gives the country’s firms a competitive advantage that could protect the economy from the worst of Washington’s trade war, according to economists.

Economics

3 w. ago Bank of Canada expected to make deeper rate cuts amid stock rout, job losses

Traders put the odds at about a coin flip for another rate cut on April 16

Economics

3 w. ago Wall Street Turns Icy on US Stocks as Tariffs Hit Markets Hard

Wall Street forecasters are turning ice cold on US equities, telling investors to refrain from buying the selloff as President Donald Trump’s historic trade war raises the specter of recession.

Economics

3 w. ago US Stock Futures Tumble as Trump Upends Global Trading Order

US stock futures plunged more than 3% after President Donald Trump outlined a slate of tariffs on US trading that raises the likelihood of a full-blown trade war that could plunge the US economy into a recession.

Economics