Latest in Oil prices resume slide, ending lower as tariff fears spark stock market tumble
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C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 4h -
Stock losses gain momentum as 2025 sell-off rolls on
Markets plunged deeper into the red Tuesday as a major sell-off prompted by fears of a slowing economy rolled on.NBC News - 3h -
President Trump doesn't rule out a recession amid tariffs against allies
President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...CBS News - 1d -
US oil tanker and Portuguese cargo ship collide in North Sea
A Portuguese cargo ship struck an oil tanker that was carrying fuel for the U.S. military off the English coast on Monday, sparking explosions, a frantic rescue mission and concerns of a possible ...NBC News - 5h -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 19h -
Stocks slide as Trump warns of US economy 'transition'
Investors are nervous about the possibility of a US recession, say experts.BBC News - 23h -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 1h -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 1d -
WATCH: Container ship collides with anchored US oil tanker sparking inferno
A cargo ship collided with an anchored U.S. tanker carrying jet fuel off the east coast of England in the North Sea on Monday, causing a massive fire and fuel spill, officials said.ABC News - 14h -
White House: Stock market plunge is not as 'meaningful' as business activity
The Trump administration contends that investments and growth from top businesses means more for the economy than the recent stock market rout.CNBC - 4h -
Trump continues tariff tumult amid economic uncertainty
President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...NBC News - 3d -
Trump made the stock market a marker of success. Now he's hedging as markets dip.
When President Donald Trump wanted to make the case for his first term’s success in an interview last month, he turned to the stock market.NBC News - 16h -
Trump made the stock market a marker of success. Now he's hedging as markets dip.
When President Donald Trump wanted to make the case for his first term’s success in an interview last month, he turned to the stock market.NBC News - 16h -
What to know after Monday's market downturn
Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by ...CBS News - 4h -
Wall Street Sinks as Recession Fears Loom
Last week’s steep sell-off resumed, with all three major U.S. indexes suffering sharp declines.Inc. - 21h -
Don’t expect Trump or Powell to bail out investors this time as stock market hits ‘danger zone’
After three weeks of unrelenting declines, U.S. stocks slid into the market’s “danger zone” on Monday.MarketWatch - 18h -
One Person Missing After Oil Tanker and Container Ship Collide in the North Sea
A container ship hit a stationary U.S.-flagged oil tanker on Monday, forcing the crews to abandon ship. A search for a missing crew member ended Monday night.The New York Times - 3h -
‘Is it finally time to freak out?’ I’m in my 50s and worried about the $650K in my 401(k).
“The stock market is in a downward spiral.”MarketWatch - 3h -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...The Guardian - 1d -
Ukraine seeks to persuade US to resume aid in high-stakes talks
Zelenskyy in bid to persuade Trump he wants an end to war with Russia after freeze on military and intelligence aidFinancial Times - 1d -
Trump promises to buy a Tesla after electric-car maker’s shares tumble
US president’s late-night social media post follows company’s 15% share price dropFinancial Times - 5h -
Tesla Stocks Tumble as Elon Musk’s Political Role Grows More Divisive
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.The New York Times - 3h -
New Chinese tariffs add pressure on American farmers amid ongoing trade war
China's new tariffs on U.S. agricultural goods take effect today, cutting into American farmers' largest overseas market. The move follows the White House's decision to end a major source of farm ...CBS News - 1d -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - 3h -
Trump says he’s buying ‘brand new’ Tesla to support Musk
President Trump said he would be buying a “brand new” Tesla to support his senior adviser Elon Musk, as the stock market shows shares of the electric car company tumbling. “To Republicans, ...The Hill - 5h -
We're buying the dip in one of our hard-hit tech stocks
We're only making one buy into Monday's sharply lower open.CNBC - 1d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - 4h -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - 4d -
Dow falls almost 900 points as Trump declines to rule out possible recession
CNBC Senior Markets Correspondent Bob Pisani reports from the New York Stock Exchange on the market sell-off. NBC News Correspondents Kelly O’Donnell, Brian Cheung and Jay Gray discuss the fears ...NBC News - 20h -
Tuesday Briefing: U.S. Recession Fear Rattles Markets
Plus, how a leader’s gambit failed.The New York Times - 20h -
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 4h -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - 5h -
Trump’s energy chief says US shale can ‘drill, baby, drill’ at low oil price
Chris Wright claims industry can raise output even if crude falls to $50 a barrel as administration has suggestedFinancial Times - 1d -
Maggie Haberman: Stock market drop not something Trump, aides can ‘explain away’
New York Times political correspondent and CNN contributor Maggie Haberman said the drop in the stock market is not something President Trump or his aides can “explain away.” Haberman joined CNN’s ...The Hill - 1h -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 3h -
Musk having ‘great difficulty’ running businesses amid DOGE obligations, Tesla stock slide
Tech billionaire Elon Musk admitted he is having “great difficulty” running his various businesses as he juggles an advisory role in the Trump administration and leads the Department of Government ...The Hill - 4h -
Tesla shares plunge 15%, suffering steepest drop in five years
Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.CNBC - 17h -
Trump’s coercion descends into chaos
The US’s tariff policy evokes bafflement as well as fearFinancial Times - 1d -
Late Night Takes Stock of Trump’s Effect on the Markets
“In the first Trump term, it took a disease to destroy the economy,” Stephen Colbert said. “This time, he’s the disease.”The New York Times - 10h -
European stocks steady after US markets plunge
The global sell-off eases in Europe after US shares are hit by President Trump saying the economy is in "transition".BBC News - 6h