Latest in 'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
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'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.CNBC - 6h -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 4h -
JPMorgan Says ‘There Will Be Blood’ as Stocks Tumble and Recession Odds Grow to 60 Percent
Fed warns of ‘highly uncertain outlook’ as JPMorgan and other analysts increase recession odds in response to Trump’s tariff war.Inc. - 3d -
Shopify CEO says staffers need to prove jobs can't be done by AI before asking for more headcount
Shopify CEO Tobi Lutke told employees in a memo that artificial intelligence is making its way across the company, including when it comes to hiring.CNBC - 4h -
CNBC says it aired 'unconfirmed' report on Trump tariff plans amid market turmoil
CNBC on Monday acknowledged that it aired a banner containing unconfirmed information about President Trump's economic plans amid widespread market uncertainty stemming from the tariffs he ...The Hill - 4h -
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.CNBC - 5h -
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets tumble.CNBC - 10h -
Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss
Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too long. European markets slump Business live – latest updates The JP Morgan chief executive, Jamie Dimon, ...The Guardian - 10h -
Auto sales are on a 'roller coaster ride' as tariffs are expected to increase prices
Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.CNBC - 6h -
CEOs Cry Foul Over Trump’s Tariffs: ‘This Is Not What We Voted For’
As markets whipsaw and recession fears grow, businesses small and large are on edge amid tariff-induced uncertainty.Inc. - 5h -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 3d -
Trump says tariffs will accelerate reshoring, but experts say it's not that easy
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.CNBC - 2d -
Main Street Employers Still Struggling to Fill Job Openings
A National Federation of Independent Businesses survey found the number of small companies still having trouble finding suitable job candidates increased in March.Inc. - 3d -
Oil drops further as fears of global recession rise
Trump welcomes fall in oil price as he signals he is pushing ahead with sweeping tariffsFinancial Times - 6h -
Americans Wrestle With How Trump’s Tariffs May Change Shopping Lists
In the first weekend since President Trump unveiled broad tariffs, many shoppers sought to get ahead of expected price increases, while others showed patience.The New York Times - 23h -
JPMorgan chief Dimon warns trade war risks recession and higher prices
Donald Trump’s tariffs could cause long-lasting damage to US alliances, Wall Street banker tells shareholdersFinancial Times - 12h -
Jim Cramer says a recession is likely but investors shouldn't panic sell
CNBC's Jim Cramer said on Monday that although he believes an economic recession is likely, investors should stay the course rather than panic and sell.CNBC - 58m -
Dimon: Trump tariffs will boost prices, weigh down economy
JPMorgan Chase CEO Jamie Dimon warned investors that the U.S. economy is facing "considerable turbulence" due to President Trump's escalating trade war, which could slow down growth and lead to a ...The Hill - 8h -
Trump: Tariffs sparking investment in US
President Trump late Sunday defended his tariff plan amid recession fears, saying they are sparking investment in the United States. Trump spoke aboard Air Force One, where he said he was elected ...The Hill - 11h -
Trump’s tariffs are ‘teeing up a nationwide recession’, says Chuck Schumer – US politics live
House democratic leaders also condemn tariffs as group backed by Trump allies mount legal challenge to stop tariffs. EU ministers are in Luxembourg to consider the European Union ’s response to ...The Guardian - 1h -
‘A lot of red:’ Markets fall again following Trump tariff announcement
President Trump is doing little to calm investors as analysts at JPMorgan warn of a global recession. NBC News Correspondents Yamiche Alcindor and Brian Cheung, CNBC Reporter Steve Liesman and ...NBC News - 3d -
Trump officials vow to stay the course on tariffs despite market turmoil
Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayedFinancial Times - 1d -
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.The New York Times - 5h -
Businesses, conservative lawyers planning legal challenge to Trump's tariffs
Sources say a lawsuit calling the tariffs unconstitutional could come this week.ABC News - 9h -
Apple's 3-day loss in market cap swells to almost $640 billion
Apple is reeling over concerns that President Donald Trump's tariffs could force the iPhone maker to raise prices or accept lower profits.CNBC - 2h -
Apple's highest-end iPhone could see $350 price hike in U.S. on Trump tariffs, analyst predicts
UBS sees iPhone prices going up, a concern that is shared by investors and customers due to President Trump's tariffs.CNBC - 3h -
Caribbean is friend of US, not an enemy, regional leaders say over Trump’s tariffs
Barbados PM and Caricom chair calls on Washington to engage in talks to ‘keep prices down for all of our people’. The Caribbean is a friend, not an enemy, leaders in the region have told Donald ...The Guardian - 7h -
BlackRock CEO: Economy 'weakening as we speak'
BlackRock CEO Larry Fink warned Monday that the economy is “weakening as we speak,” amid widespread turmoil in the markets driven by the Trump administration’s sweeping new tariffs. “The economy ...The Hill - 4h -
Goldman Sachs hikes recession probability to 45 percent
Goldman Sachs analysts are again raising the odds of a recession as markets continue to reel in the wake of President Trump’s sweeping tariff actions. The bank warned in a new report on Sunday that ...The Hill - 8h -
PSA announces increased turnaround times for popular service levels
The grader also announced a price increase for one of its most popular servicesYahoo Sports - 9h -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 1d -
Jamie Dimon, Wall Street figures warn about Trump's tariffs
JPMorgan CEO Jamie Dimon and noted Wall Street investor Bill Ackman are speaking out about President Trump's tariffs.CBS News - 6h -
Champions League final price freeze for fans of competing teams but big increases for high-end seats
Ticket prices at the men’s Champions League final are unchanged from last year for most fans of the two competing teams with big increases only for high-end seats, UEFA said Monday. Each finalist ...Yahoo Sports - 9h -
Bessent: Federal layoffs will help fill factory jobs created by Trump tariffs
Treasury Secretary Scott Bessent said the Trump administration is planning to boost U.S. manufacturing employment with policies meant to steer laid-off federal workers into factories. In an ...The Hill - 4h -
Trump threatens to veto Senate bill limiting his tariff power
The Trump White House has threatened to veto a bipartisan Senate bill that would check President Trump’s authority to impose new tariffs or increase tariffs by requiring Congress to approve them ...The Hill - 5h -
Trump’s Tariffs Put the Fed in an Impossible Corner
Stakes are rising as Jerome Powell weighs recession concerns with inflation fears.Inc. - 3d -
Restaurant stocks fall as investors fear recession, sales slowdown
Restaurant stocks, from McDonald's to Chipotle, fell as investors fear a recession is coming.CNBC - 5h -
Morning Report — Trump digs in on tariffs
In today’s issue: President Trump on Sunday redoubled his support for massive tariffs on most of the world amid heavy market fallout and criticism from some allies. Wall Street was rocked by ...The Hill - 13h -
Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets
European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.CNBC - 10h -
Trump says he’s not looking at a pause on tariffs
President Trump on Monday said he’s not considering a pause on tariffs, following an unconfirmed report earlier in the day that he was considering a 90-day pause, which caused the stock market to ...The Hill - 3h