Is the US in a recession?

Is the US in a recession?

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US prepared for protracted stalemate with Iran

Global stocks sold off as AI spending fears flare up, Brazilians will vote this weekend in a close presidential race, and the US is prepared for a lengthy stalemate in the war with Iran. Plus, how banks are reacting to a potential tax rise from UK chancellor John Healey, and why ...  Show more

Elon Musk’s $3.6tn gamble to merge SpaceX and Tesla

Meta plans to create a new class of non-voting shares, Mathias Döpfner, chief executive and co-owner of Germany’s Axel Springer, has sought to acquire a stake in TikTok’s European operations, and US envoy Steve Witkoff discussed resuming peace talks between Russia, the US and Ukr ...  Show more

Recommended Episodes

Are we in a recession?
Today, Explained

The US economy has shrunk for two consecutive quarters. That’s technically a recession. But economists aren’t so sure we’re actually in one. Madeleine Ngo and Jacob Goldstein explain. This episode was produced by Avishay Artsy and Miles Bryan, edited by Matt Collette, fact-checke ...  Show more

UK in Recession: Toxic or Technicality?
Political Dividends

New data shows the economy dipped into recession in the second half of 2023, but does it really matter? Ana Andrade from Bloomberg Economics walks us through the implications. Plus, Ed Arnold from defence think tank The Royal United Services Institute (RUSI) joins us to discuss t ...  Show more

Unwelcome Economic News for Dems
CNN Political Briefing

The economy shrank last quarter unexpectedly and recession fears are renewed. CNN Political Director David Chalian paints the complicated economic picture in the US. Democrats are touting progress with more optimistic economic statistics. But as Republicans often point out, peopl ...  Show more