Trump's tariffs touched off a stock market plunge in recent days. The market turmoil comes amid growing fears that America may be sliding toward recession, stoked by aggressive trade policies and mounting economic uncertainty. The White House insists this is merely a 'blip,' but analysts warn the economic foundations are shaking.

Has a recession begun? Have Trump’s policies increased the likelihood of a recession?

Recession fears in the US are reflecting in Wall Street's meltdown since last week, with the selloff extending to Asian markets. Wall Street saw a deep selloff overnight, marking its worst drop since September 2022. The selloff was fueled by investor fears over mounting trade tensions and recession risks. This comes as President Donald Trump refused to rule out an economic downturn.

US markets in turmoil over recession risks

Market volatility surges as recession fear grips invest

As President Donald Trump's trade war ate into consumer confidence last month and ruffled financial markets, talk of a recession is re-entering the American market. Watch this report for more details!

Wall Street Braces For Trump's Tariff Turmoil, Recession Fear Rises

US recession fears rise as tariffs hit markets

As we discuss global economic growth and challenges, inequality has become a major theme. We've analysed the wealth divide in the US And India, and now, let's turn to China—where the gap between the rich and the ultra-rich is expanding. So, where does China stand in this global inequality debate? Watch to know more!

Top 130,000 Chinese Families Hold 58% Of Wealth

China kept its powder dry for next year in anticipation of a probable escalation in trade hostilities with the U.S.

Beijing refrained from a rate cut, while it drained the most cash since 2014 using a one-year policy tool.

China Avoids Rate Cut For 2025 Pressures | World Business Watch

Wall street stocks snapped a two-day decline after benign inflation data bolstered hopes of a federal reserve rate cut this month and sent asian stocks soaring on thursday. The rise in Asian equities were led by Japan. Mainland china and Australia saw minimal movement in their stock markets.

Asian Stocks Climb Higher Tracking Nasdaq's Fresh Record Mark | WION Business Watch | World News

China has reaffirmed its commitment to global cooperation amid rising trade tensions with the united states. This comes after U.S. President-elect Donald Trump threatened additional tariffs on Chinese imports, reigniting fears of economic decoupling. Our next report dives into the latest developments and their implications for the global economy. Take a look.

Donald Trump's Anti-China Trade Stance Sparks Yuan Slide | World News | WION

The technology war between the U.S. and China is escalating. on Thursday, China warned it would take "necessary actions" to protect its firms if the U.S. imposed new chip control measures. reports suggest the Biden administration is preparing to blacklist as many as 200 Chinese semiconductor companies, restricting their access to u.s. technology and equipment. Watch to know more!

China Vows Action As U.S. Mulls New Chip Export Restrictions | World Business Watch | WION

China’s large industrial firms reported a sharp decline in profits for October, as weak demand and a property market slump hit key sectors. The national bureau of Statistics revealed that combined profits fell 10% year-on-year last month, worsening the year-to-date decline to 4.3%.

China's Industrial Profits Fall Amid Property Market Slump | World Business Watch | WION

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earnings from China highlight these problems, according to a detailed report by Reuters.

Cost cutting necessary after 'decades of structural problems: Volkswagen CEO

Chief economists have expressed cautious optimism over the global economy, particularly highlighting India's robust performance that put South Asia at the top position globally, according to the latest survey by the World Economic Forum.

Leading economists bullish on India, still cautious optimism prevails for global recovery: WEF survey

Boeing's management decisions within its main manufacturing plant in Washington are under the spotlight after its workers went on a prolonged strike. The aerospace giant is focused on coming up with a hiring freeze and a host of cost-cutting measures as it grapples with the challenges of rising production costs and shortcomings in meeting demand.

Boeing freezes hiring and aims to cut costs even as 30,000 workers strike

In 2023, US real median household income rose by 4%, according to the US census bureau. This marks a notable improvement as the economy continued its recovery to pre-pandemic levels. However, despite rising incomes, the poverty rate in the US also saw an increase.

2023 US Economic Overview: Income gains, inflation eases, poverty grows

As the US Federal Reserve prepares for its upcoming meeting on September 17-18, analysts are closely watching the potential for a significant interest rate reduction.

Fed's potential 50-basis point’s rate cut: Analysts weigh in on economic implications

In a recent address at the Texas Tribune Festival in Austin, Treasury Secretary Janet Yellen sought to alleviate concerns about the US economy, emphasizing its resilience and stability.

US economy remains solid, heading toward soft landing, says Treasury Secretary Janet Yellen

As the cost-of-living crisis intensifies, New Zealand is witnessing a significant exodus of its citizens, with over 131,200 Kiwis leaving for foreign shores in the past year alone.

Economic refugees flee from New Zealand as cost-of-living crisis deepens

The Maldives, a popular tourist destination, is facing a severe financial crisis as investors rush to offload the country's Islamic bonds, known as sukuk. The selloff has intensified in recent weeks, with the dollar-denominated sukuk due in 2026 dropping below 70 cents on the dollar, a record low.

Traders dump Maldives debt amid growing default risks

Despite broader economic challenges in the US’ gig economy platforms are thriving. New-age internet first companies have reported impressive growth in revenue this earnings season. So, what does this mean for consumer trends in the world's largest economy? That's what this next report decodes.

Gig economy thrives despite recessionary fears in the US

Until the FED meeting on Wednesday last week, expectations were for the US Federal reserve to lay the path for rate cuts in September. But data since then has reignited recession worries. Now, the narrative on fed rate cuts is not - if, and when...But by how much? This next report tells you more...

A soft landing or US recession on the cards?

US recession worries weighs on markets

The American economy may be nearing a consumer-led recession as spending patterns show worrying signs. Recent data from the US census indicate a 1.3% year-over-year drop in retail sales volume over the past quarter. This follows a 4% decrease in retail sales in q1, suggesting a potential recession.

US consumer spending falls, recession near?

After enduring a challenging period marked by economic downturn, the United Kingdom has emerged from recession. According to the official data cited by UK media outlets, the country's economy saw a growth of 0.

UK recession blues over with economy 'returning to full health', says Chancellor Jeremy Hunt

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