US Recession
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Moody's top economist warns of US Recession again; says: Unemployment will rise
Moody’s Analytics chief economist Mark Zandi has once again sounded the alarm over the state of the US economy. According to a report by Business Insider, in his latest newsletter, Zandi warned that while the GDP has increased this year, the pace of growth still remains below potential. “The economy is growing, but at a rate below its potential, so the situation is tenuous,” he wrote.
Moody's top economist Mark Zandi says: America has a week to secure peace deal
America has just days to secure a peace agreement with Iran or risk sliding into recession, according to Moody’s chief economist Mark Zandi. According to a report by Business Insider, speaking to Bloomberg, Zandi said that the increase in oil prices triggered by stalled negotiations has pushed the US economy to a critical threshold. Recently, Iran announced that it would halt negotiations and block the Strait of Hormuz until the important demands are met, sending Brent and US crude oil...
With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough | Heather Stewart
Global oil prices are nearing a critical tipping point, potentially leading to inflation, shortages, and recession. This volatility has been exacerbated by Iran's response to US and Israeli actions, which included closing the Strait of Hormuz. Consequently, a US-Iran agreement is considered urgently needed to stabilise the volatile oil markets.
Billionaire Ray Dalio tells Americans the problem with AI companies in the US vs China
Billionaire investor Ray Dalio who predicted the 2008 recession has now cautioned America’s biggest artificial intelligence companies risk falling behind China because of their obsession with profitability. According to a report by Business Insider, speaking at the Forbes Iconoclast conference in New York, Dalio contrasted the approaches of US firms like OpenAI and Anthropic with their Chinese rivals, saying Beijing views AI as a public utility rather than a profit engine. Dalio, who visited...
With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough | Heather Stewart
Global oil prices are nearing a critical tipping point, potentially leading to inflation, shortages, and recession. This volatility has been exacerbated by Iran's closure of the Strait of Hormuz in response to US and Israeli actions. Consequently, a US-Iran deal is viewed as urgently needed to stabilise the volatile oil markets.
Anti-Vax Dating Apps Are Going IRL. People Are Mad as Hell About It
As a crowd of 60 anti-vaxxers squeezed into the upstairs dining area of Jonathan’s Grille in Nashville on a recent Monday night, a moment of pride washed over Scott Armstrong. Years ago, he had been let go from his job as a drug and alcohol counselor for refusing to get vaccinated. Now, unvaccinated people from all over the country were piling into the sports bar to meet others like them.
The US just had its highest number of people file for unemployment benefits since the Iran war started
The US just had its highest number of people file for unemployment benefits since the Iran war started The war in Iran has injected significant uncertainty into the broader US economy and its labor market - Bookmark Applications for unemployment benefits in the United States reached their highest level in four months last week, signaling growing economic uncertainty exacerbated by the ongoing conflict in Iran, even as overall layoffs remain historically low. The Labor Department reported...
Canada calls for US and Mexico free trade deal to be renewed for 16 years
“The Agreement is highly beneficial to each of our countries and to the integrated North American economy," a letter conveying Canada’s recommendation, sent to the US and Mexico trade representatives, said. Canada is calling on the United States and Mexico to renew the free trade agreement among their three countries for another 16 years even as US President Donald Trump is reviving talk of making Canada the 51st state. According to a letter conveying Canada’s recommendation and sent Tuesday...
Republicans threaten to sink Trump agenda over $1.8B slush fund in latest GOP revolt
Republicans threaten to sink Trump agenda over $1.8B slush fund in latest GOP revolt This fund was established to compensate Donald Trump’s political allies, a prospect that has ignited a fierce backlash within the GOP - Bookmark - CommentsGo to comments Senate Republicans are set to convene on Tuesday to strategize their next moves following the Justice Department’s announcement that it will comply with a court order temporarily halting a $1.776 billion settlement fund. This fund was...
Germany news: Recession looms as Iran war chokes growth
Recession looms as Iran war chokes growth Published June 10, 2026last updated June 10, 2026What you need to know - Germany is facing a possible recession as the Iran war causes an energy shock - Two quarters of contraction would mark a technical recession - One main suspect has been arrested as authorities crack down on a suspected cross-border drug network - German Chancellor Friedrich Merz says he expects a "clear win" in Germany’s World Cup opener against Curacao Here are the latest...