Goldman Sachs has revised its prediction regarding the likelihood of a U.S. recession in the next year, decreasing the probability from 35% to 30%. This adjustment is based […]
Decade of Economic Stagnation Looms: Global Growth Under Threat
The global economy faces a bleak outlook for the next decade, with the World Bank warning of its slowest growth since the 1960s. Driven by escalating trade tensions […]
Polymarket Predicts Recession Risk in U.S. Economy
A recent prediction from Polymarket suggests a significant chance of the US economy entering recession in 2025. According to data collected by Blockbeats, the model predicts a 26% […]
Elon Musk Predicts Recession Caused by Trump’s Tariffs
Tesla CEO Elon Musk has warned of a possible recession in 2025 due to the ongoing tariffs imposed by former President Donald Trump. These remarks come as Elon […]
Wells Fargo Chief Economist Warns of Potential Recession, Highlights Economic Slowdown Factors
In a recent interview, Jay Bryson, chief economist at Wells Fargo, provided insights into the current state of the U.S. economy, suggesting the possibility of a recession without […]
Will Rising Interest Rates Slow Down the US Economy?
Jay Bryson, Chief Economist at Wells Fargo, warns that the U.S. economy is teetering on the edge of a potential recession. Despite not being confirmed yet, Bryson predicts […]
Economic Downturn Signals: Jobless Claims Rise While GDP Contracts
Recent data paints a concerning picture of the U.S. economy, raising alarms about a potential downturn. Jobless claims surged to 240,000 for the week ending May 24, exceeding […]
Recession Concerns Surge as Uncertainty Engulfs US Economy
Experts are raising alarm bells about a potential recession looming over the United States economy, fueled by growing uncertainties and economic instability. Neel Kashkari, President of the Minneapolis […]
Rising Recession Risk: Fed Official Warns of Economic Uncertainty
Federal Reserve officials have voiced growing concerns about the rising risk of recession, citing a complex mix of economic uncertainties that are impacting businesses and consumer sentiment. Neel […]
Fed Warns of Recession Risk as Inflation Persists
Federal Reserve officials have expressed significant concern about the US economy facing a potential recession due to persistent inflation. Despite maintaining interest rates at current levels, the Fed […]
U.S. Job Openings Plummet: Signals Emerging Economic Concerns
A recent analysis by Odaily reveals a sharp decline in U.S. non-farm job openings. This unprecedented drop, only witnessed three times since 2000, coincides with economic recessions. The […]
U.S. Consumer Confidence Index Soars Despite Recession Concerns
The U.S. Consumer Confidence Index experienced a significant surge in May, rising to 135.9 according to Odaily reports. This improvement is largely attributed to a dramatic increase in […]
Canada’s Economy Signals Early Recession, With GDP Shrinkage and Job Market Weaknesses
Economic indicators paint a concerning picture for Canada as the country appears to be edging into a recession. Forecasts predict a shrinking economy in Q2 2025 and Q3 […]
Robert Kiyosaki: Recession Warning Drives Bitcoin Buy Recommendation
Financial author Robert Kiyosaki has warned of a looming US recession following Moody’s downgrade of US debt. He attributes this to rising interest rates, potential unemployment, and a […]
Danske Bank Delays Fed Rate Cut Prediction Due to Easing Recession Risk
Danske Bank’s analysts have revised their forecast for the Federal Reserve’s interest rate cuts, anticipating a delay in the next move from June to September. This adjustment is […]