"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," Whirlpool said. The comments underscored how sharply higher fuel ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Long-term closure of the Strait of Hormuz would trigger a worldwide recession, which would ...

Gary Shilling thinks there's almost nothing that can stop a US recession this year. The legendary economist and Merrill Lynch alum laid out a grim outlook for markets and the economy in an interview ...

The outlook for the U.S. economy will continue to darken as long as the Strait of Hormuz remains effectively closed to oil-tanker traffic, even though the U.S. now produces about as much oil and ...

Inflation rose quickly during the early years of the pandemic, and many Americans are struggling with their finances. Even though we’re not in a recession, it feels that way for a majority of the ...

Strategist Jim Paulsen says tech stocks are poised to underperform. When the yield curve steepens, tech earnings tend to lag behind the market within 18 months, he said. Economic conditions are easing ...

The Iran war has shaken the world economy by disrupting energy production and shipping, as the key chokepoint, the Strait of Hormuz, remains blockaded. The resulting volatility has raised the ...

JPMorgan Chase CEO Jamie Dimon says an economic downturn sparked by weakness in credit would encompass more than just the private credit segment and be worse than many expect. “We haven’t had a credit ...

Just when it appeared like the market was ready to go for a more significant dip following a challenging first quarter, stocks staged one of their most considerable rallies in recent history. I wrote ...

LONDON, April 30 (Reuters Breakingviews) - U.S. President Donald Trump’s war with Iran was always unpopular at home. What made it tenable is that the American economy, buoyed by oil exports and an ...

Markets are overly optimistic about Middle East ceasefire developments, ignoring persistent risks from the Strait of Hormuz blockade. The physical oil price is trading at a 20% premium to futures, ...

Mortgage rates usually drop in a recession, but by exactly how much depends on the circumstances of the economic downturn. Although interest rates on mortgages may trend lower in a recession, lending ...