Latest in Close Recession
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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 -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - Mar. 10 -
How close are we to a recession, and how will we know when we get there?
Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.CBS News - 11h -
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 -
Dow plunges nearly 900 points amid recession fears
Fueled by a trade war and recession fears, the stock market suffered its worst day of 2025 on Monday after a massive sell-off with the Dow closing nearly 900 points down. Now, investors are bracing ...NBC News - Mar. 11 -
US stocks drop, Dow closes down amid fresh tariffs on Canada, recession fears
The selloff on Tuesday extended losses suffered a day earlier.ABC News - Mar. 11 -
‘There Are No Guarantees,’ Treasury Secretary Says of Recession
Scott Bessent could not guarantee that the economy is recession-proof.Inc. - 2d -
Lutnick: ‘There’s going to be no recession in America’
Commerce Sec. Howard Lutnick shot down the possibility of a forthcoming recession in America, in an interview on NBC News’s “Meet the Press” on Sunday. “Absolutely not,” Lutnick said when asked ...The Hill - Mar. 9 -
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?CBS News - 6d -
Are we heading into a recession? Here's what the data shows
With stocks sliding into correction territory in the last week, a question emerges: Is a recession next? Here's what the data and expert economists say.NBC News - 1d -
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 -
Department of Education staff told offices will be closed Wednesday
The email sent to Department of Education staff said offices will be closed "for security reasons."CBS News - Mar. 11 -
Santander to close 95 branches with 750 jobs at risk
The bank will start closing branches from June, putting 750 jobs at risk.BBC News - 38m -
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 -
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 -
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 -
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 - 16h -
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 -
Fetterman: Shutdown would ‘plunge the country into chaos, risk a recession’
Sen. John Fetterman (D-Pa.) said he believes a government shutdown would plunge the United States “into chaos” and risk sending the country into a recession. “Shut the government down, plunge the ...The Hill - 5d -
Would Schools Close in a Future Pandemic?
Five years after the global Covid pandemic was declared, there is widespread agreement that closing classrooms was devastating for children. Here is what leaders say they may do next time.The New York Times - 5d -
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 -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - Mar. 7 -
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 - Mar. 12 -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 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 doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - Mar. 9 -
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 -
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 -
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 -
Gaza ceasefire close to collapse as aid stops
The ceasefire in Gaza is perilously close to collapsing. Food shortages have become acute, and Palestinians living in the territory are struggling to feed their families. All aid into the territory ...CBS News - Mar. 8 -
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 - Mar. 9 -
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 - Mar. 10 -
Department of Education offices closed Wednesday for 'security reasons'
The Department of Education told staff in an email Tuesday that its offices would be closed Wednesday for “security reasons.” The email, obtained by NewsNation, said workers needed to leave the ...The Hill - Mar. 11 -
Liverpool “CLOSE” to beating Manchester United to €60m transfer
Liverpool are reportedly close to winning the race for the transfer of Wolves midfielder Joao Gomes in a potential €60m deal.The Reds have previously been linked with the likes of Martin Zubimendi ...Yahoo Sports - 4d -
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 - Mar. 11 -
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.CNBC - 19h -
Jim Harrick recalls the days of glory at soon-to-close Morningside High
The Inglewood school had a rich tradition of producing top teams and athletes but will be closing its doors on June 30.Yahoo Sports - Mar. 9 -
Joann is no longer accepting store gift cards as it closes locations
Shoppers are frustrated that their gift cards can no longer be redeemed at Joann stores closing nationwide.CBS News - 5d -
Government shutdown: Which parks, museums and monuments could be closed?
The possibility of a government shutdown means many federally funded national parks, monuments and attractions might be closed until the government reopens.ABC News - 5d -
Turkey says it will closely monitor a Syrian government deal with a Kurdish armed group
Turkey’s foreign minister says Ankara is closely monitoring an agreement between the Syrian government and a UABC News - 4d
