The chief global strategist at JPMorgan Chase says the US may avoid a recession, but the bank's economic outlook is not yet optimistic.

Unless the administration pivots away from its current punitive, protectionist approach and adopts a more stable, globally ...

US consumer sentiment plummeted to its lowest since 1961 under President Trump, even surpassing Great Recession levels.

Elsewhere, global economic developments include job cuts in Britain and potential clashes in Saudi Arabia's investment ambitions.

Stocks are rallying — but is a recession on our doorstep?

President Donald Trump, fresh off a trip to the Middle East, renewed his criticism of Federal Reserve Chairman Jerome Powell ...