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JPMorgan lowers its recession odds as Trump strikes a temporary deal to drop tariffs on China

Upworthy Tuesday, 13 May 2025 ()
JPMorgan is walking back its prediction it was 60% likely a recession would hit the U.S. in 2025. The bank wrote in a Tuesday note President Donald Trump’s temporary agreement scaling back tariffs on China while the two trading partners negotiate a trade deal could reduce the risk of a recession…
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News video: Trump's Air Force One 2.0? Trump’s $400 Million “Flying Palace” Gift from Qatar Sparks Controversy

Trump's Air Force One 2.0? Trump’s $400 Million “Flying Palace” Gift from Qatar Sparks Controversy 03:54

 Trump is at the center of a political and legal storm after confirming plans to temporarily use a $400 million Boeing 747-8 — dubbed the “Flying Palace” — reportedly offered by Qatar’s royal family. Trump claims the ultra-luxurious jet is a “gift, free of charge” to the U.S. government...

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