Latest in White House says U.S. is in 'period of economic transition' amid recession fears
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Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 1d -
Commerce Secretary Howard Lutnick says 'there’s going to be no recession in America'
Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.NBC News - 3d -
Noem says DHS is polygraphing staffers suspected of leaking immigration raid plans
Homeland Security Secretary Kristi Noem says polygraph tests are being used to find staffers in the department who may be leaking information about impending immigration raids. CBS News chief White ...CBS News - 2d -
US Secret Service shoots armed man near White House after confrontation
Donald Trump was out of town when the shooting occurred, and the man has been hospitalized. An armed man believed to be traveling from Indiana was shot by US Secret Service agents near the White ...The Guardian - 2d -
White House reporter asks Irish PM why he 'let' Rosie O'Donnell move to his country
A reporter covering the Wednesday White House meeting between President Trump and Irish Prime Minister Micheál Martin asked the prime minister why he allowed American comedian Rosie O'Donnell to ...The Hill - 3h -
Shutdown fears grow as House Republicans battle over funding bill
House Speaker Mike Johnson is set to hold a vote on a GOP spending proposal, but opposition from both parties puts its passage in doubt. With Democrats vowing to vote against it and some ...CBS News - 1d -
Trump is targeting China-made containerships in new flank of global economic war on the oceans
China dominates shipbuilding for the ocean freight market, and President Trump has plans to exact economic punishment to bring the business back to the U.S.CNBC - 1d -
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 - 2d -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 17h -
Morning Report — Trump stirs economic uncertainty
In today’s issue: President Trump marked 50 days in office Monday confronting a grim report card that raised new doubts about his tariff policy and his theory that chaos improves leadership ...The Hill - 1d -
Egg prices soar as inflation cools in first full month of Trump term
Inflation report arrives as markets slide and recession fears grow.ABC News - 5h -
Ship not laden with toxic chemicals, says owner
Fears over toxic chemicals are allayed, and the government says there is no evidence of foul play.BBC News - 1d -
DOJ investigates U.S. egg producers amid soaring prices
The Department of Justice is investigating major U.S. egg producers for price fixing, as costs continue to rise. It comes as some lawmakers and advocacy groups accuse top U.S. egg producers of ...CBS News - 2d -
"Canadians are frustrated with our neighbors," ambassador Kirsten Hillman says
Kirsten Hillman, the Canadian ambassador to the U.S., tells "Face the Nation with Margaret Brennan" that amid the ongoing war of words over tariffs with President Trump, "Canadians are frustrated ...CBS News - 3d -
Lawyer Appointed in Adams Case Says Charges Should Be Dropped
Paul D. Clement also said a judge should not allow the Trump administration to use the court’s authority to compel Mr. Adams’s support in the White House’s mass deportation efforts.The New York Times - 4d -
Bitcoin falls to November low under $80,000 on heightened recession fears
Bitcoin slipped under the $80,000 level on Monday, dragged by the continued selling pressure in the equities market.CNBC - 2d -
Dow futures inch higher after recession fears fuel plunge
Dow futures make tepid advance in the wake of a broad market plunge that had the blue-chip index shedding nearly 900 points.CBS News - 1d -
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 - 1d -
Japan to Send Trade Minister to the U.S. Amid Tariff Tensions
The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.The New York Times - 2d -
Is the US headed toward a recession?
{beacon} 12:30 REPORT It’s Monday. Who else cannot stop trying to mimic Parker Posey’s accent in this season of “The White Lotus?” This clip of Posey on NBC’s “Today” is all over my social media ...The Hill - 2d -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - 1d -
Euro and pound rise against dollar amid ‘Trumpcession’ fears
US currency has lost all the gains it enjoyed since Trump won election and hits lowest level since mid-October. Business live – latest updates The euro and the pound have risen against the ...The Guardian - 1d -
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 - 1d -
Ron Baron says he won’t sell a single personal Tesla share amid the EV play's big decline
Billionaire investor Ron Baron is standing by Elon Musk's Tesla amid its dramatic sell-off.CNBC - 1d -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - 2d -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 7h -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 7h -
US stock futures inch higher after selloff amid recession concerns
Dow futures traded up 156 points, or about 0.36%.ABC News - 1d -
Fiona Hill says decision to stop sharing intelligence with Ukraine has "emboldened Russia"
Fiona Hill, who served as a top National Security Council official in the first Trump administration, tells "Face the Nation with Margaret Brennan" that the White House's decision to stop sharing ...CBS News - 3d -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 1d -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - 2d -
Greenland's leader says Trump's threats are fueling mistrust of U.S.
Ahead of Greenland's election, its prime minister says Trump's rhetoric makes residents less inclined to accept his offer "to be a part of" the U.S.CBS News - 2d -
Alzheimer’s research centers face Trump-imposed $65m funding delay across the US
Researchers report difficulties retaining staff as White House cost-cutting stresses US medical research system. Major Alzheimer’s disease research centers across the country face a $65m funding ...The Guardian - 2d -
Harvard freezes hiring amid financial 'uncertainties' driven by Trump policies
Harvard University says it is freezing hiring for faculty and staff amid financial “uncertainties” driven by the Trump administration. “Universities throughout the nation face substantial financial ...The Hill - 2d -
Senate Democrats leery of blocking GOP bill fear shutdown politics have changed
Senate Democrats are leery of blocking a House Republican-drafted six-month government funding bill, fearing that a government shutdown may backfire on them politically by giving Elon Musk and the ...The Hill - 1d -
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...The Hill - 1d -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - 2d -
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.The New York Times - 4d -
Gun-violence prevention programs may be caught in federal funding crossfire
Hospital-based violence intervention programs have operated in the U.S. since the mid-1990s, but recent moves by the Trump White House are raising anxiety about the programs' future.CBS News - 2d -
Trump Allies Seek Pardons From an Emboldened White House
The new administration has created a system for awarding clemency that underscores the president’s grievances about what he sees as the political weaponization of the justice system.The New York Times - 4d