Trump seems to think America needs a recession. Some people are still recovering from the last one | CNN Business

CNN  — 

The odds of a recession in the US may be creeping higher — but those rising risks do not mean a deep economic downturn is a foregone conclusion.

Still, that hasn’t stopped markets from being roiled and consumer and business confidence from being shaken, especially after President Donald Trump said he can’t rule out the possibility of such an event, or when Cabinet members indicated that a “detox period” is ahead and that the administration’s sweeping policies — including steep tariffs, mass deportations and drastic cutbacks in federal employment and spending — would be

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Boeing whistleblower’s family is suing the planemaker over his death | CNN Business

Editor’s Note: If you or someone you know is struggling with mental health, help is available. Dial or text 988 or visit 988lifeline.org...

Tesla faces a ‘brand crisis tornado.’ The one guy who can fix it is MIA | CNN Business

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. ...

Hammerhead sharks’ diets may affect if they roam or stay home

Great hammerhead sharks are known for their long migrations, but scientists have now discovered that some individuals in the Bahamas instead spend all year...