While many economists are saying the risk of an imminent recession has diminished since China and the United States agreed to lower tariffs earlier this week, JPMorgan Chase’s CEO, Jamie Dimon, is still penciling one in.

US economic outlook improves, inflation forecasts drop and recession odds fall after US-China trade deal to reduce the highest tariffs for 90 days.

The Chinese e-commerce company reported a quarterly net income of $1.8 billion, as revenue rose 16% from a year ago to $41.5 billion.

The de-escalation provides both sides with breathing space to find a way to preserve trading ties that were threatening to grind to a halt.

"China and Brazil are getting together. They're going to build infrastructure, and they're going to make SAF and they're going to build railroads, and it's not good for us and our future. That's why we need new markets,

China's new bank loans tumbled more than expected in April as a protracted trade war with the United States further eroded the market's appetite during a typically slow month for loan demand.

Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and more regular supply shocks relative to recent decades, in which inflation

Beijing has stopped publishing hundreds of statistics related to real estate, finance, unemployment and even soy sauce production, making it harder to know what’s going on in the country.

A s China’s export machine sputters under the weight of 145% tariffs, jobs are at risk. Some 16m workers are involved in the production of goods bound for America, says Goldman Sachs, a bank. Nomura, another bank, projects a possible 5.7m job losses in the near term and 15.8m in the long run, as the shock ripples through the economy.

As President Trump sought to celebrate 100 days in office, he got a week focused on economic losses—while a rival showed unexpected strength.

Economists believe the US will skirt a recession as lower tariffs than initially announced by the Trump administration are set to handicap consumer spending less than previously feared.