Latest in Recession Fears Escalate
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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 - 17h -
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 - 1d -
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 - 1d -
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 - 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 - 1d -
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. - 4d -
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 - 5h -
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 - 2d -
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 - 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 - 2d -
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 - 17h -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 2d -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - 22h -
Stephen Miller defends Trump on possible recession: Not our job to make 'prognostications'
White House deputy chief of staff Stephen Miller defended President Trump’s response to questions about a possible recession over the weekend and said it wasn’t the president’s job to forecast ...The Hill - 22h -
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 - 8h -
The US economy is heading for recession
Donald Trump’s policy agenda is sapping American animal spiritsFinancial Times - 3d -
Would Trump Risk a Recession?
The president still believes that his protectionist trade policies will be “great for us” in the long run, but won’t rule out short-term economic pain.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 - 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 - 1d -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - 2d -
Eye Opener: President Trump declines to rule out possible recession
President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...CBS News - 1d -
President Trump doesn't rule out a recession amid tariffs against allies
President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...CBS News - 1d -
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 - 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 - 1d -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 1d -
The UK’s academic recession is in full swing
This university crisis is a grim scrabble for numbersFinancial Times - 1d -
Recession will not make Trump change course
A president who can’t run again is freer from public opinion than business seems to realiseFinancial Times - 1h -
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 -
Trump’s coercion descends into chaos
The US’s tariff policy evokes bafflement as well as fearFinancial 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 -
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 - 1d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 1d -
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 - 23h -
Young woman's common infection leads to emergency spinal surgery
Maranda Nyborg's mild symptoms escalated into pain, numbness and a fever that wouldn't go away.CBS News - 4d -
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again
Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.ABC News - 18h -
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 - 20h -
Trump on recession chances: ‘I don’t see it at all’
Canada canceled its planned surcharges on electricity to the U.S. after President Trump threatened to double his planned tariffs on Canadian steel and aluminum. Capping a wild day on Wall Street, ...NBC News - 13h -
Stocks slide as Trump warns of US economy 'transition'
Investors are nervous about the possibility of a US recession, say experts.BBC News - 1d