Latest in Banks Fear Misbehaving
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How FEMA cuts are spreading far beyond Washington
More than 200 employees at FEMA have been cut since Inauguration Day, and workers fear more downsizing is coming.NBC News - 2d -
Spiking ‘VIX’ can signal it’s time to buy stocks
When the “fear gauge” is more than one standard deviation above average, traders may be too anxious.MarketWatch - 2d -
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 - 2d -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - 1d -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 1d -
American travelers are booking fewer domestic flights in another warning sign for the economy
Americans’ spending worries and shortcomings are translating into turbulence for major airlines, and coming at a time where recession fears are growing.MarketWatch - 1d -
Is the US really heading into a recession?
Stock market falls, tariffs and other changes are reigniting fear of economic downturn in the US.BBC News - 1d -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 1d -
Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies
Comments from Wall Street bosses come as president’s import tariffs fuel US recession fearsFinancial Times - 1d -
Naples residents camp outdoors after overnight quake
Many people in and around the Italian city spend the night on the streets and in their cars, fearing aftershocks.BBC News - 11h -
Another strategist chops his S&P 500 target — but for a different reason than the Goldman Sachs reduction
Ed Yardeni fears a potential stagflationary impact even as keeps his earnings estimates unchanged.MarketWatch - 8h -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - Mar. 6 -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 5d -
Labour ministers yet to hold talks over Abramovich funds
Funds worth £2.5bn - meant to help Ukrainians - remain frozen in a UK bank account over a row about how to use them.BBC News - 5d -
i-D Magazine Gets a New Life Just as Cool as Its Old Life
The art and fashion worlds convened at Rick Owens’s austere Left Bank house to celebrate the relaunch of Karlie Kloss’s i-D magazine.The New York Times - 1d -
EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - 1d -
Europe Expected a Transactional Trump. It Got Something Else.
Europe had been banking on a United States that wanted to make a deal on tariffs and trade. With little progress in that direction, it’s reluctantly starting to hit back.The New York Times - 5h -
Wells Fargo’s stock dips even as analyst proclaims ‘good entry point’ for investors
RBC Capital says Wells Fargo’s stock is a good buy after the recent financial-stock selloff — but it continued to fall along with most bank stocks Thursday.MarketWatch - 1h -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - 6d -
Russia Pushes Back Ukraine’s Offensive With Drones and North Korean Troops
Russia has retaken about two-thirds of the territory Ukraine seized last summer in the Kursk region of Russia, but at a fearful cost in lives.The New York Times - 5d -
North Korea Says It’s Building a Nuclear-Powered Submarine
The announcement came amid fears that Pyongyang may be receiving crucial military technology from Russia in return for sending troops and weapons for its war against Ukraine.The New York Times - 5d -
France angry after Dupont suffers 'serious' injury
France head coach Fabien Galthie fears captain Antoine Dupont has sustained a "serious" knee injury during their Six Nations victory over Ireland.BBC News - 5d -
Stocks sell off on growth scare, yet companies’ talk of recession is lowest since 2018
President Donald Trump’s penchant for tariffs has raised recession fears in the stock market, yet companies aren’t talking much about that growing worry.MarketWatch - 3d -
Universities impose hiring freezes in face of uncertainty over federal funding
At least two Ivy League universities abruptly stopped hiring faculty Monday, partly prompted by fear that federal grant funding will be cut.NBC News - 2d -
Justice Dept. Official Says She Was Fired After Opposing Restoring Mel Gibson’s Gun Rights
Elizabeth G. Oyer, the former pardon attorney, said that she was not told why she was dismissed, but that as events unfolded she feared they might lead to her firing.The New York Times - 2d -
Irish, undocumented, and unsure of their future in Trump's America
They run businesses. They tend bars. They pay taxes. But still they live in fear. There are thousands of undocumented Irish immigrants in America today, and some of them shared their stories.CBS News - 1d -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 23h -
Trump’s approach to Ukraine could be 'very worrying' for Russia’s neighbors, former UK PM Cameron says
Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump's approach to Ukraine could set an alarming precedent.CNBC - 18h -
Ignore the row: this Oscar-winning film offers a vision of a shared Palestine forged in solidarity | Kenan Malik
The documentary is both antisemitic and Israeli propaganda, according to critics. The truth is, it provides a rare glimpse of hope. In 2009, Tony Blair visited Masafer Yatta, a collection of ...The Guardian - 4d -
Trump’s Putin gambit: How to hammer Moscow with sanctions that bite
President Trump has threatened to unleash "large-scale banking sanctions, sanctions, and tariffs on Russia" to force Putin to negotiate a ceasefire and final settlement agreement on peace, but his ...The Hill - 3d -
Bipartisan pair of senators reintroduce bill to expand fentanyl testing in hospitals
The bill from Sens. Alex Padilla, D-Calif., and Jim Banks, R-Ind., is called “Tyler’s Law,” named after a California teenager who died following a fentanyl overdose.NBC News - 2d -
What does Canada’s new prime minister mean for the US?
Canada has a new prime minister-in-waiting. Following Justin Trudeau’s resignation in January, the governing Liberal Party elected Mark Carney as its leader in a landslide victory on Sunday. ...The Hill - 1d -
Social Security Administration: Reports of phone service elimination 'inaccurate'
The Social Security Administration is increasing its protection against fraud by eliminating the risk of fraud associated with changing bank account information by telephone, and requiring people ...The Hill - 4h -
U.N. Helicopter Attacked as South Sudan Teeters on Brink
The aircraft came under fire as it tried to rescue wounded soldiers, the United Nations said. The attack came amid fears that a critical power-sharing deal was at risk of collapse, risking all-out ...The New York Times - 6d -
Dread haunts Gaza as airstrikes dent hopes of renewed ceasefire
The territory is mired in a ‘grey zone’ of uncertainty as the peace process has stalled and neither side seems willing to compromise. Fears of a return to war in Gaza are intensifying this weekend, ...The Guardian - 5d -
‘Devastated’ England wait for test results after Ollie Lawrence injury
Borthwick: ‘Fingers crossed it’s not as severe as we fear’ Maro Itoje ‘looking forward’ to ‘humungous’ Wales tie England stayed in the chase for the Six Nations title with a bonus-point victory ...The Guardian - 4d -
Syrians Demand Better Protection Amid a Spate of Kidnappings
When the new government took over, it dismissed the Assad regime police and other forces, leaving a security vacuum. Now, many residents fear going out after dark.The New York Times - 3d -
Myanmar junta’s promise of elections denounced as ‘sham’ by experts
There are fears military will deploy further violence in run-up to any poll, which is unlikely to be viewed as credible. The Myanmar military’s promise to hold elections in December 2025 or January ...The Guardian - 3d -
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 - 2d -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - 2d