The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
JP Morgan has downgraded its 2025 U.S. growth forecast from 2% to 1.3%, warning that higher tariffs are weakening consumer demand and eroding corporate profit margins.
Analysts pointed to a troubling mix of slow economic output and persistent inflation, drawing comparisons to the 1970s stagflation era.
The bank expects the Federal Reserve to cut rates gradually - by just 100 basis points through spring 2026 - leaving borrowing costs high and financial conditions tight for longer.
Such pressure could weigh further on the economy, increasing the likelihood of a recession later this year, according to analysts.
Brazil’s former President Jair Bolsonaro was taken into custody on Saturday after a Supreme Court justice cited an escape risk linked to a planned s...
Several international airlines have suspended flights from Venezuela after the U.S. Federal Aviation Administration (FAA) warned of heightened militar...
Liverpool’s troubled defence of their Premier League title took another hit on Saturday as Arne Slot’s side suffered a 3-0 home defeat to Nottingh...
The United States is preparing to launch a new round of Venezuela-related operations in the coming days, as President Donald Trump’s administration ...
Residents of Tehran are struggling to breathe as thick smog and toxic air pollution blanket the Iranian capital, forcing schools to close and leaving ...
Brazil’s former President Jair Bolsonaro was taken into custody on Saturday after a Supreme Court justice cited an escape risk linked to a planned supporters’ vigil and evidence of tampering with his electronic ankle monitor, ending months of house arrest as he appeals his coup-plot conviction.
Several international airlines have suspended flights from Venezuela after the U.S. Federal Aviation Administration (FAA) warned of heightened military activity and deteriorating security conditions in the country’s airspace.
Liverpool’s troubled defence of their Premier League title took another hit on Saturday as Arne Slot’s side suffered a 3-0 home defeat to Nottingham Forest, leaving the Reds languishing in 11th place and sparking anger among home supporters.
The United States is preparing to launch a new round of Venezuela-related operations in the coming days, as President Donald Trump’s administration intensifies efforts to pressure President Nicolás Maduro’s government and targets what it calls Venezuela’s role in the regional drug trade.
The pilot of an Indian fighter jet performing in the Dubai Air Show has died after the aircraft crashed during an aerial display on Friday.
An Indian Tejas fighter jet crashed in a ball of fire during an aerial display at the Dubai Airshow on Friday (November 21), leaving spectators in shock.
The United States is preparing to launch a new round of Venezuela-related operations in the coming days, as President Donald Trump’s administration intensifies efforts to pressure President Nicolás Maduro’s government and targets what it calls Venezuela’s role in the regional drug trade.
President Donald Trump said on Friday that he will soon speak with his Venezuelan counterpart, Nicolas Maduro, amid speculation that the U.S. could launch an attack on the Latin American nation.
Air traffic at Eindhoven Airport in the southern Netherlands was suspended on Saturday evening after multiple drones were sighted near the facility, prompting the deployment of counter-drone systems and raising fresh alarm over airspace security in Europe.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
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