Latest in Trump Says a Recession Would Be Worth It, but Economists Are Skeptical
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Behind Trump's latest comments on a U.S. recession
President Trump seems confident that his tariffs will reap great rewards for the U.S., but he is not ruling out the possibility of a recession. CBS News' Weijia Jiang reports.CBS News - Mar. 10 -
Bessent says 'there are no guarantees' when it comes to recession
Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr. Secretary, can you guarantee the American people here and now that there ...The Hill - 2d -
Trump: Russia not accepting ceasefire would be 'very disappointing'
President Trump discussed the ongoing talks for a ceasefire between Ukraine and Russia, and said it would be "very disappointing" if Russian President Putin did would not accept it.NBC News - 5d -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - Mar. 10 -
A minerals agreement with Ukraine would be a bad deal for America
Giving Americans an “economic upside in the future of Ukraine” will never be worth the security downsides.The Hill - Mar. 11 -
Trump says Iran will suffer 'dire' consequences for any more Houthi attacks
President Donald Trump on Monday said that further attacks or retaliation by the Houthis would be considered an attack by Iran and it would face “dire” consequences.ABC News - 1d -
Trump's trade war escalates with international tit-for-tat
The European Union is hitting back at President Donald Trump’s new levy on all foreign aluminum and steel by announcing retaliatory tariffs on American products worth billions of dollars. President ...NBC News - 5d -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 6d -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - 5d -
Trump: Government shutdown would be 'purely on the Democrats'
President Trump said Democrats would be "purely to blame" for a government shutdown after House Republicans passed a funding bill that is uncertain to pass in the Senate.NBC News - 5d -
Larry Summers: Odds of a recession 'close to 50/50'
Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers ...The Hill - Mar. 11 -
Treasury secretary: 'There is no reason we need to have a recession'
Treasury Secretary Scott Bessent on Tuesday sought to mitigate concerns about the state of the economy, after saying this weekend that “there are no guarantees” when it comes to a recession. In an ...The Hill - 9h -
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...CBS News - Mar. 10 -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 6d -
BofA says this tech stock can work even in a recession. We just bought more shares
Salesforce should be able to continue to grow despite the impact of tariffs and a possible recession.CNBC - 6d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 6d -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - Mar. 10 -
Treasury Sec. Bessent: ‘There are no guarantees’ that there won’t be a recession
In an exclusive interview with Meet the Press, Treasury Sec. Scott Bessent reacts to fears of a recession happening as the Trump administration enacts sweeping tariffs on U.S. trading partners.NBC News - 2d -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 6d -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - Mar. 10 -
Markets plummet after Trump doesn't rule out recession
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and ...CBS News - Mar. 10 -
Stephen Miller defends Trump on possible recession: Not our job to make 'prognostications'
White House deputy chief of staff Stephen Miller defended President Trump’s response to questions about a possible recession over the weekend and said it wasn’t the president’s job to forecast ...The Hill - Mar. 11 -
Shutdown 'would have sent message' that Democrats won't be 'bullied' by Trump, Sen. Murphy says
Sen. Chris Murphy (D-Conn.) defends his “no” vote on a Republican spending bill that averted a government shutdown.NBC News - 2d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - Mar. 11 -
U.S. stocks plunge as Americans worry about a recession | Special Report
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...CBS News - Mar. 10 -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.The New York Times - Mar. 7 -
Live updates: Trump says he hates to 'predict things like that’ when asked if he expects a recession
House Republicans on Saturday unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which will ...The Hill - Mar. 9 -
As Rich Rodriguez bans TikTok dancing, what would Nick Saban say? | Toppmeyer
West Virginia football coach Rich Rodriguez went to a place where President Donald Trump refused to go: He cracked down on TikTok.Yahoo Sports - 3d -
Canada announces retaliatory tariffs on nearly C$30bn worth of US imports
Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. Canada announced retaliatory tariffs on nearly C$30bn worth of American imports ...The Guardian - 6d -
White House says U.S. is in 'period of economic transition' amid recession fears
White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...NBC News - Mar. 11 -
Trump says he sent a letter to Iran urging negotiations on nuclear weapons
"There are two ways Iran can be handled, militarily or you make a deal. I would prefer to make a deal," Trump told Fox host Maria Bartiromo.ABC News - Mar. 7 -
Trump Says He’ll Release JFK Assassination Files on Tuesday
Mr. Trump did not provide additional details on what the trove of files would include, but he has long promised to release them unredacted.The New York Times - 1d -
Bills reward Allen with new contract after NFL MVP season. Deal is worth $330M, AP source says
NFL MVP Josh Allen was rewarded with a contract extension worth $330 million, with an NFL record $250 million of it guaranteed, which makes him among the league’s highest-paid playersABC News - Mar. 10 -
How concerned should Americans be about a potential recession?
President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News ...CBS News - 6d -
This step is ‘really important’ if you plan to sell your home in 2025, economist says
Selling your house takes more than just putting up a “for sale” sign. Getting the right asking price is a really important step, experts say.CNBC - 6d -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - Mar. 9 -
Eye Opener: President Trump declines to rule out possible recession
President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...CBS News - Mar. 10 -
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 - Mar. 10 -
Dow plunges 890 points after Trump declines to rule out recession
The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession. The Dow Jones Industrial Average closed with ...The Hill - Mar. 10 -
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 - Mar. 11