The outlook for U.S. jobs data, along with growing worries about a recession, has weighed on the dollar index, sending it retreating.

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This week, the market is focused on the US labor market data, especially against the backdrop of growing concerns about the recession. Employment has become an important window for evaluating macroeconomic trends. The upcoming ADP employment data, scheduled for release on Wednesday, is expected to show that the US private sector added about 40,000 new … Read more

Nearly half of Americans fear a major recession – here’s what it could mean for you

Nearly half of Americans fear a major recession - here's what it could mean for you

A growing number of Americans are looking for the worst. A recent survey conducted by YouGov found 42% of Americans believe that the country will experience a “complete economic collapse” in the next ten years, while more than a third think that a civil war is likely (1). That level of pessimism reflects a broader … Read more

The UK economy was in recession until the end of last year before the Iran war

William Schomberg

Item 1 of 5 Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo [1/5]Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo Purchase Licensing Rightsopens a new tab UK GDP confirmed at +0.1% in Q4 The Iran war is expected to be a major concern … Read more

Will the US enter recession in 2026? Here’s What the Data Revealed. | The Motley Fool

Pensive person looking at the computer.

Recession fears are back, and property prices are falling. The S&P 500 (^ GSPC 1.67%) it’s down more than 6% in the last month alone, and tech is heavy Nasdaq Composite (^IXIC 2.15%) it recently entered correction territory with a 10% drop from its peak earlier this year. Perhaps the worst part of this volatility, … Read more

Economists Warn Iran War Increases Risk of Recession in Next 12 Months

One hundred dollar bill shaped like a US map and economic data

Source: Anton Petrus/Getty The Iran war is already having a significant impact on the wallets of US citizens. Gas prices have risen over the past month, with no signs of slowing down anytime soon. As the war in Iran continues to disrupt oil supplies and shipping lanes, several economists have warned that prolonged conflict in … Read more

‘There will be tax reform’ but the treasurer says there is no decision on capital gains

'There will be tax reform' but the treasurer says there is no decision on capital gains

Federal Treasurer Jim Chalmers has committed to tax reform in his next budget, but added that no decision has been made on whether capital gains tax will be part of those changes. Speaking to the ABC’s Alan Kohler in the first episode of his That’s Business podcast, Mr Chalmers said of his upcoming May 12 … Read more

Mark Zandi warns that the recession is approaching 50%, and the war with Iran could put us in economic trouble by the middle of the year | Good luck

Mark Zandi warns that the recession is approaching 50%, and the war with Iran could put us in economic trouble by the middle of the year | Good luck

Economists are growing more cautious about the economic situation as the conflict in Iran continues. Moody’s Analytics raised its recession outlook for the next 12 months to 48.6%, in line with Goldman Sachs, which now predicts a 30% risk of recession, and EY-Parthenon, which puts the chances of a recession at 40%. The underlying probability … Read more

The odds of a recession are rising on Wall Street as the economy shows lower margins

Markets are facing oil shocks, rising yields and recessionary concerns

Federal Reserve Chairman Jerome Powell last week pushed back when asked if the recession poses a threat to the US economy. His successor may face a tough challenge, as Wall Street analysts raise their expectations of a recession, brought on in part by the Iran war and the possibility of higher prices. In recent days, … Read more