All posts tagged: recession

Survey Data Show We’re Now in a Dating Recession

Survey Data Show We’re Now in a Dating Recession

Published by Jenni Sidey

How do romantic relationships form? What is the process of moving from strangers to friends to a couple to a committed partnership? From a traditional lens, most people chart the path through a period of dating. Or, at least, they used to. Research by the Institute of Family Studies suggests that the United States has entered a significant dating recession (Hawkins and colleagues, 2026). No longer are single people dating, and this is not for lack of interest. Dating Is an Appealing Practice Dating refers to an intentional “get to know you” period in which two people who are attracted to each other choose to repeatedly spend time alone together. For some, dating is casual, needs not be exclusive, and includes little talk about the future. For others, it’s a chance to assess compatibility, shared life goals, and the relationship’s long-term potential. Over time, commitment typically escalates among exclusive dating partners, leading to a committed relationship such as marriage. In other words, dating is a path toward a long-term relationship. Americans love the idea of …

Iran war shakes Global economy as energy costs surge and recession fears grow : NPR

Iran war shakes Global economy as energy costs surge and recession fears grow : NPR

Published by Sam Flores

From energy markets to everyday prices, the fallout from the Iran war is reshaping the global economy. SCOTT DETROW, HOST: In just over nine weeks, the Iran war has sent shock waves through the global economy with major signs of slowdown emerging across multiple parts of the world. Rising energy costs are fueling inflation, straining production and raising fears of a recession. We turn to our correspondents in Europe, Africa, Latin America and, first, Asia. DIAA HADID, BYLINE: I’m Diaa Hadid, an international correspondent based in South Asia, a region which imports much of its energy and fertilizer from the Gulf. So this war is hitting hard, some places and people worse than others. (SOUNDBITE OF TUK-TUK PASSING) HADID: Consider K.S. Pradeep (ph). K S PRADEEP: (Non-English language spoken). HADID: He repairs tuk-tuks on a street in Colombo. That’s the capital of Sri Lanka, an island of 22 million. And after the war began, Sri Lanka began rationing fuel. It imports two-thirds of its supply. Prices also rose. And that pushed up the price of …

On the Brink of Global Recession

On the Brink of Global Recession

Published by José Betancourt

Subscribe here: Apple Podcasts | Spotify | YouTube In this episode of The David Frum Show, The Atlantic’s David Frum opens with a discussion of the likelihood that the partisan balance of power will shift from Republicans to Democrats at state-government level. Then, David is joined by the president of the Peterson Institute for International Economics, Adam Posen, for a conversation about the state of the world’s economy. Frum and Posen discuss the economic effect of the war in Iran, the United States’ reputational hit caused by Trump’s tariffs, and the chance of global recession. Finally, David ends the episode with a discussion of Ask Not: The Kennedys and the Women They Destroyed, by Maureen Callahan, and reflects on why reactions to the abuse of women by men in power seem to have become a partisan issue. The following is a transcript of the episode: David Frum: Hello, and welcome to The David Frum Show. I’m David Frum, a staff writer at The Atlantic. If you are viewing this program, you will have immediately noticed …

Billionaire Ken Griffin Warns of Recession if Strait of Hormuz Is Closed

Billionaire Ken Griffin Warns of Recession if Strait of Hormuz Is Closed

Published by Jenni Sidey

Kenneth C. Griffin, the billionaire hedge fund founder and one of the world’s most prominent art collectors, warned Tuesday that the global economy faces a recession if the Strait of Hormuz remains closed through the end of this year. “Let’s assume it’s shut down for the next six to 12 months,” Griffin said at the Semafor World Economy summit in Washington, D.C. “The world’s going to end up in a recession. There’s no way to avoid that.” Griffin, the CEO of Citadel, said that closure of the Strait, a daily passageway for roughly 20 percent of global oil consumption, has created energy shocks that have already raised the risk of a downturn. He added that a prolonged closure would force central bankers into difficult decisions over whether to treat inflationary spikes as transitory or to raise rates in order to combat inflation. He called the current moment “very, very treacherous” for the global economy. Related Articles The remarks carry particular weight in the art world, where Griffin is among the most active and deep-pocketed buyers …

D.C. Economy “Under Strain,” Faces Biggest Spending Cuts Since Great Recession

D.C. Economy “Under Strain,” Faces Biggest Spending Cuts Since Great Recession

Published by Jenni Sidey

The U.S. Bureau of Economic Analysis released its state-level real gross domestic product data on Thursday, revealing a sharply uneven economic landscape in the fourth quarter of 2025, with boom times in North Dakota contrasting with a sharp slowdown spreading across the Mid-Atlantic, especially in Washington, D.C. “From a regional perspective, real GDP increased in 35 states in the fourth quarter of 2025, with the percent change at an annual rate ranging from 3.8 percent in North Dakota to –8.3 percent in the District of Columbia and remaining unchanged in Indiana and Maine,” BEA wrote in the report. The fourth quarter coincided with a 43-day government shutdown from Oct. 1 through Nov. 12, a disruption that likely had an outsized effect on the Washington, D.C. economy given the metro area’s heavy reliance on federal workers, procurement, contracting activity, and the broader consumer spending tied to government.  But let’s not forget that the D.C. economy is already dealing with a spending slowdown linked to the Trump administration’s move to clean up waste, fraud, and abuse. To …

Oil, Inflation, & Recession | ZeroHedge

Oil, Inflation, & Recession | ZeroHedge

Published by Jenni Sidey

Authored by Charles Hugh Smith via OfTwoMinds blog, It’s not the price of oil per se that triggers recession, it’s the underlying vulnerabilities that have been cloaked with happy story narratives to keep the game going. Recessions don’t require a spike in the price of oil/gasoline, but spikes in energy prices trigger recessions. This makes sense, as hydrocarbons are the foundation of every industry, from the so-called “green” industries to all the high-tech industries (SpaceX, AI data centers etc.) to transport, plastics and everything else. Recessions have other causes, of course: the business cycle of over-indebtedness and speculative excesses leading to defaults and the contraction of credit and spending, the collapse of speculative asset bubbles, the inflationary spiral of overborrowing to fund “guns and butter,” and disruptive events such as plagues and wars. Inflation reduces discretionary income as a larger share of earnings must be devoted to essentials. In a consumer economy, this reduction of discretionary income leads to households borrowing more to fill the widening gap between what they reckon is their rightful lifestyle and the …

If Trump’s War in Iran Spirals Into a Full-Blown Recession, It Could Crush the AI Industry and Spark a Catastrophic Polycrisis

If Trump’s War in Iran Spirals Into a Full-Blown Recession, It Could Crush the AI Industry and Spark a Catastrophic Polycrisis

Published by José Betancourt

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech Far be it from tech writers to chart yield curves or forecast jobs data, but it doesn’t take a tenured econ professor to notice the sorry state of the financial world. Thanks to Trump’s disastrous invasion of Iran, gas has surged to $9 a gallon in some places, the Dow and Nasdaq have officially entered a correction, and Bloomberg TV anchors are actively weighing the possibility of a full-blown “recession” on the airwaves. If they’re right, people across the US — indeed, the world — are in for plenty of financial pain. And though we’re fresh out of pity, the effects on the AI industry, which has long been speculated to be in a financial bubble, could be catastrophic. Well before the US war on Iran kicked off in late February, there were already trillions of dollars stuffed into the AI industry — a bottomless pit swallowing every last penny it comes across. Even several years into the …

After four years of war in Ukraine, Russia’s economy could fall into recession

After four years of war in Ukraine, Russia’s economy could fall into recession

Published by Sam Flores

The Mashenka bakery, owned by Denis Maksimov, in the suburbs of Moscow, on February 18, 2026. ALEXANDER ZEMLIANICHENKO/AP A devoted family man and a well-known baker in an outer suburb of Moscow, Denis Maksimov has come to embody the troubles that, after four years of war with Ukraine, have begun to affect the Russian economy. Over the past two months, Russian social media platforms have been flooded with the hashtag #WeAreMashenka, referring to Maksimov’s bakery. Overwhelmed by new taxes and strict administrative requirements, the baker has struggled with rising prices and high interest rates, and even came close to bankruptcy. On December 19, 2025, Maksimov, with his round face and graying beard, spoke directly to President Vladimir Putin, and thousands of Russian entrepreneurs saw their own struggles in the 48-year-old baker’s story. That day, during the president’s annual “Direct Line” event, a press conference featuring a long monologue and a Q&A session with handpicked journalists and citizens, Putin seemed to discover, for the first time, that Russia’s small businesses were struggling under tax burdens. To …