CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink

The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.
Read more at CNBC
Save Story

Topics in this Story

Related Stories

Bondi on third Trump term: 'I think he’s going to be finished probably after this term'

Bondi on third Trump term: 'I think he’s going to be finished probably after this term'

The Hill · 7h
BlackRock CEO: Economy 'weakening as we speak'

BlackRock CEO: Economy 'weakening as we speak'

The Hill · 3h
BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’

BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’

Financial Times · 3h

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

CNBC · 9h

'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey

CNBC · 4h

U.S. crude oil losses deepen as Trump tariffs fuel recession fears

CNBC · 3h
Trump’s Tariffs Put the Fed in an Impossible Corner

Trump’s Tariffs Put the Fed in an Impossible Corner

Inc. · 3d
Trump says he is 'not looking' to pause tariffs before this week's rollout, despite market uncertainty

Trump says he is 'not looking' to pause tariffs before this week's rollout, despite market uncertainty

NBC News · 1h
Goldman Sachs hikes recession probability to 45 percent

Goldman Sachs hikes recession probability to 45 percent

The Hill · 7h

More from CNBC

Apple's 3-day loss in market cap swells to almost $640 billion

CNBC · 1h

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

CNBC · 1h

Microsoft terminates jobs of engineers who protested use of AI products by Israel's military

CNBC · 13m

Apple's highest-end iPhone could see $350 price hike in U.S. on Trump tariffs, analyst predicts

CNBC · 1h

Elon Musk's brother slams Trump tariffs, calls them 'permanent tax on the American consumer'

CNBC · 2h

More in Business

Microsoft terminates jobs of engineers who protested use of AI products by Israel's military

CNBC · 13m
Navarro Defends Trump Tariffs Amid Criticism From Elon Musk

Navarro Defends Trump Tariffs Amid Criticism From Elon Musk

The New York Times · 20m
Shopify CEO to Employees: Use AI Now

Shopify CEO to Employees: Use AI Now

Inc. · 48m
7 IPOs Likely on Hold Due to Trump’s Trade War

7 IPOs Likely on Hold Due to Trump’s Trade War

Inc. · 1h

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

CNBC · 1h