Recession
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JPMorgan CEO Dimon Warns Again: Oil Surge, AI-Driven Costs Could Trigger American Recession in 2026
Jamie Dimon warns oil prices could trigger US recession in 2026. JPMorgan Chase sees 35% probability of recession despite economic resilience. Rising oil prices and AI infrastructure spending cited as…
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Mark Cuban Says a Recession Is Coming: Media, Restaurants, and Gov-Funded Businesses Will Collapse First
Billionaire investor Mark Cuban recently shared in an interview that he believes a recession is imminent, aligning with broader economic forecasts. Several analysts estimate the probability of a recession at…
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Biden Averaged 168,000 Monthly Jobs vs Trump’s 49,000 in 2025 As Hiring Recession Grips US Economy
President Donald Trump‘s first full year back in office produced the worst year for hiring outside of a recession since 2003, with the economy adding far fewer jobs than in…
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Mortgage Brokers Boom While Borrowers Burn: The Hidden Cost of ‘Free’ Home Loan Fixers
Although lenders across the US are cautiously pulling back operations, independent brokerages continue to hold a substantial share of the mortgage market despite rising interest rates. A mortgage broker’s primary…
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TerraUSD Founder Do Kwon Jailed After $40B Crypto Collapse
The founder of TerraUSD and Luna cryptocurrencies, Do Kwon, was sentenced to 15 years in prison earlier this month. He was charged with fraud and eventually pleaded guilty. TerraUSD and…
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Global Recession Panic: Fed Official Warns Of ‘Eye-Popping’ Redundancies As Stocks Plunge
The financial world is currently gripped by a wave of alarm following a stark warning from a high-ranking Federal Reserve official, who has chillingly forecasted ‘eye-popping’ job losses on the…
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Jeff Bezos Warns of a Market Crash in the Coming Months, Advises People Against Big-Ticket Purchases
Amazon founder Jeff Bezos has issued a stark warning about the fragile state of the global economy. In an interview with CNN, Bezos advised consumers and small businesses to hold…
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Economic Red Alert: 23 US States Are Slipping Into Recession
America’s vaunted economic resurgence under US President Donald Trump appears to be fragmenting, as an alarming 23 states, according to Moody’s Analytics chief economist Mark Zandi, are now in or…
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Fed’s rate-cut plans pre-empt a recession, rather than reacting to one
The Federal Reserve’s latest move is a shift from the hold-steady, wait-and-see approach to an aggressive defence of the US labour market US STOCKS initially gained after the US Federal…
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Widespread Job Losses Across US Industries Raise Recession Concerns
AFP More than half of all U.S. industries reported job cuts in July, a pattern that economists say has historically preceded economic downturns. According to Fortune, , with healthcare being…
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US banks JPMorgan and Citigroup see lower recession risk despite tariff fog
[NEW YORK] Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty. Executives from JPMorgan…
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US Banks See Lower Recession Risk Despite Tariff Fog
Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty. Executives from JPMorgan Chase and Citigroup…
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Thai tech services outlook remains positive amid recession fears: Analyst
[SINGAPORE] Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from the banks and government. In a report…
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No Signs Of US Recession, Treasury Secretary Says
There are currently no signs that the United States has entered a recession despite the world’s largest economy recording a contraction in the first quarter, the US Treasury Secretary said…
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Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
[BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming economy…
