Latest in Fears Escalate U.s
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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 - 1d -
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 - 1d -
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 - 11h -
CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
Aiming to boost the economy, U.S. President Donald Trump is firing off a salvo of policies and causing collateral damage within the country’s own borders.CNBC - 1d -
Tuesday Briefing: U.S. Recession Fear Rattles Markets
Plus, how a leader’s gambit failed.The New York Times - 1d -
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another ...CBS News - 1d -
Trade partners impose new tariffs on U.S.
Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...NBC News - 1d -
Latest news on stock markets plunging amid fears of a recession
U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...CBS News - 1d -
Oil prices resume slide, ending lower as tariff fears spark stock-market tumble
Oil futures ended lower Monday, dragged down by fears rising global trade tensions could spark a recession or a slowdown as U.S. equities suffered their worst day of 2025.MarketWatch - 1d -
Trump doubles down on a trade war with Canada. Here’s where the U.S. gets its steel and aluminum.
President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.MarketWatch - 13h -
U.S. Said to Tell Canada That It Will Enforce a Visitor Registration Law
The United States had not been enforcing the rule for Canadians who entered via land borders. That is changing amid an escalating fight between the North American neighbors.The New York Times - 11h -
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. - 1d -
Several civilians reportedly killed in Syrian clashes, U.S. and Russia call for U.N. meeting
U.S. and Russian diplomats have called for the United Nations Security Council to meet Monday amid escalating violence in Syria. Clashes between Syrian forces and loyalists of ousted President ...CBS News - 1d -
As Ebola Spreads in Uganda, Trump Aid Freeze Hinders Effort to Contain It, U.S. Officials Fear
Two more people are reported dead from the disease, and dozens are in isolation, as the outbreak grows.The New York Times - 5d -
Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - 20m -
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 - 1d -
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 - 1d -
Trump's 'Gaza Riviera' — a profile in arrogance
President Trump has proposed that the U.S. should take over Gaza and turn it into a Mediterranean resort, displacing 2 million Palestinians and potentially leading to regional instability and ...The Hill - 2d -
Trump immigration crackdown enters new waters with arrest of Mahmoud Khalil
The arrest of a Columbia University graduate marks a significant escalation in President Trump's immigration crackdown, with a lawful permanent resident who has not been charged with any crime now ...The Hill - 14h -
Iraq fears power cuts as US ends sanctions waiver for electricity purchases from Iran
The United States has declined to renew a waiver that had allowed Iraq to buy electricity from Iran without running afoul of sanctions, the U.S. Embassy in Baghdad said SundayABC News - 2d -
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears
The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.MarketWatch - 7h -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 1d -
Undocumented Workers, Fearing Deportation, Are Staying Home
Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.The New York Times - 1d -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - 1d -
Ontario hits power exports to US with 25% surcharge as trade war escalates
Canadian province’s decision will affect 1.5mn households and businesses in Michigan, Minnesota and New YorkFinancial Times - 1d -
Dow drops 600 points as Trump escalates trade war with Canada
S&P 500 dips tentative toe into correction mode, following in the footsteps of the tech-heavy Nasdaq Composite.CBS News - 11h -
Trade war escalates as Trump metal tariffs take effect
Duty on steel and aluminium imports is a major hit for some of the US's top trading partners.BBC News - 4m -
Australian surfer feared dead after shark attack, police say
A surfer is feared dead after being attacked by a shark in shallow water on a remote beach in Western Australia, police said Tuesday.NBC News - 20h -
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 - 16h -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - 2d -
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 - 15h -
Trump administration briefing: Mahmoud Khalil’s detention, ‘Trumpcession’ fears and gutting USAid
From cries of ‘McCarthyism’ over Palestinian activist’s detention to fears over a ‘Trumpcession’ – key US politics stories from Monday at a glance. The Trump administration’s decision to have ...The Guardian - 1d -
North Sea collision: ship’s master arrested as fears grow for marine life
Police launch criminal investigation while local leaders call on Starmer to prevent environmental catastrophe. Police have detained the master of the container ship Solong as experts voiced growing ...The Guardian - 10h -
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 - 18h -
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 - 19h -
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 - 12h -
Oil ends higher, a day after tariff-induced recession fears pulled prices to 6-month lows
Oil futures finished higher Tuesday, a day after ending at six-month lows as fears of a global economic slowdown from rising trade tensions prompted a global selloff for equities and other assets ...MarketWatch - 10h -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 1d -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - 1d -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - 6h