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OPEC OPEC+ oil producers oil price
The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut.
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global recession
BlackRock, Morgan Stanley and others warned about the threat of a recession.
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Russia currency sanctions economy
Russia's economy has been hit hard by sanctions, which are complicating the government's efforts to pay its debts.
Tech Insider : Economy
  • Nouriel Roubini says the economy is headed for a "doom loop".
  • That's due to three stressors in the economy, which will leave the Fed unable to fight a recession. 
  • Roubini, who called the 2008 downturn, has long warned of imminent financial chaos. 

Nouriel Roubini has more dire words of warning for the economy.  

"Dr. Doom" warned in a column this week that the US face a major financial crisis and the economy is entering what he calls a "doom loop".

Tech Insider : Economy
A man walks in front of a United States Bankruptcy Court sign in New York City.
A man walks in front of a United States Bankruptcy Court sign in New York City.