In April, the International Monetary Fund (IMF) lowered its global economic growth forecast from 3.3% to 2.8% for 2025. It also lowered its growth forecast for 2026 from 3.3% to 3%. The global banking ...

April 7 (Reuters) - Most stock markets in the Gulf ended lower on Monday, as equities across the world tanked on fears of a global recession caused by U.S. President Donald Trump's sweeping tariffs ...

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

Elon Musk's AI chatbot, Grok, has warned that President Donald Trump's recent tariffs could lead to a global recession. As the stock market suffers its fourth consecutive losing session on Tuesday, a ...

A recession looks likely to some forecasters on Wall Street — and they're eyeing some big disturbances that could result if the economy does plunge into a downturn. Fears of a potential economic ...