Latest in Fears Loom
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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 -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - 17h -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 15h -
Government shutdown looms amid budget showdown in Congress
Congress is staring down a deadline to fund the government by the end of the week, as the familiar threat of a shutdown looms over Washington. Nikole Killion explains.CBS News - 1d -
Facing the Looming Threat of A.I., Publishers Turn to Decentralized Platforms
Facing the looming threat of A.I. as a competitor, some publishers are considering an alternative to the internet’s all-powerful algorithms.The New York Times - 4d -
The two big questions looming over the shutdown fight: From the Politics Desk
Two big questions are looming over the shutdown fight as Republican lawmakers try to pass a stopgap bill to fund the government.NBC News - 1d -
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 -
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 -
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 -
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's second term hit by looming budget showdown
The battle over the budget comes to a head this week as the continuing resolution passed late last year expires Friday. If Congress fails to act before the deadline, the federal government will ...The Hill - 13h -
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 -
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 -
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 -
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 -
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 -
Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - 1d -
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 -
Haitian immigrants grapple with uncertainty as TPS end date looms
The decision to end temporary protected status for 500,000 Haitians living in the U.S. may force most of them to return to a country in crisis.NBC News - 3d -
Johnson looks to pass stopgap as government shutdown deadline looms
Speaker Mike Johnson (R-La.) is looking to lock down the votes to pass his stopgap funding bill and avert a government shutdown by Friday’s deadline, as he works to keep the lights on in Washington ...The Hill - 1d -
Canada’s designated PM Mark Carney meets Trudeau as Trump threat looms
Former central banker won landslide victory in Liberal party race as trade war with US hastens transfer of power. Canada ’s incoming prime minister, Mark Carney, has met with Justin Trudeau as ...The Guardian - 1d -
Trump Looms Over Greenland’s Election, but Voters Have Other Concerns
President Trump keeps saying he wants to “get” Greenland. On Tuesday, Greenland votes for a new parliament that could shape its future relations with the United States.The New York Times - 1d -
Trump considers four bids to buy TikTok as deadline for deal looms
President Donald Trump is considering four bids to purchase the social media app TikTok. NBC News’ Steve Romo reports on who the potential buyers could be ahead of the pause on TikTok set to expire.NBC News - 1d -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 10h -
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 -
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 -
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 -
Trump’s coercion descends into chaos
The US’s tariff policy evokes bafflement as well as fearFinancial Times - 1d -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - 2d -
Lady Gaga: My biggest fear? Being alone
As she returns to pop with her seventh album, Mayhem, Lady Gaga reflects on the loneliness of fame.BBC News - 5d -
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 -
Skirmish in Syrian Capital Raises Fears of Expanding Violence
The overnight clash in Damascus appeared to have been contained, but it has heightened concerns that the violence sweeping the country’s coastal region could spread.The New York Times - 1d -
Does Verstappen fear Russell but not Norris? F1 Q&A
F1 correspondent Andrew Benson answers your questions before the season-opening Australian Grand Prix.BBC News - 23h -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 17h -
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 16h