Recession Fears Fuel

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 - 2d

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 - 2d

The UK’s academic recession is in full swing

This university crisis is a grim scrabble for numbers

Financial Times - 2d

Recession will not make Trump change course

A president who can’t run again is freer from public opinion than business seems to realise

Financial Times - 9h

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

Tanker and cargo vessel in fiery collision off England, triggering explosions and fuel leak

An oil tanker and a cargo vessel collided off the British coast in the North Sea on Monday, the U.K. coast guard said.

NBC News - 2d

Tanker carrying jet fuel for US Navy struck by container ship in North Sea

UK emergency services tackle huge fire after Solong ploughs into Stena Immaculate with one crew member missing

Financial Times - 1d

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

Trump’s coercion descends into chaos

The US’s tariff policy evokes bafflement as well as fear

Financial Times - 2d

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 appear

Financial 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 circle

Financial Times - 1d

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 - 22h

WATCH: Container ship collides with anchored US oil tanker sparking inferno

A cargo ship collided with an anchored U.S. tanker carrying jet fuel off the east coast of England in the North Sea on Monday, causing a massive fire and fuel spill, officials said.

ABC News - 1d

Stocks slide as Trump warns of US economy 'transition'

Investors are nervous about the possibility of a US recession, say experts.

BBC News - 2d

The Extreme Weather Conditions That Drove the Carolina Wildfires

The wildifires in the Carolinas have followed months of whiplash weather—drought, followed by hurricane-fueled floods, and then more drought.

Wired - 4d

BBC Verify looks at the events leading up to the North Sea collision

BBC Verify examines how a ship carrying a highly-toxic chemical hit a tanker in the North Sea transporting jet fuel.

BBC News - 2d

Ship’s captain arrested after North Sea collision

Reason for crash still unknown after container vessel struck tanker carrying US military fuel

Financial Times - 1d

What we know so far

One person is missing, one man arrested, and jet fuel has leaked into the sea, raising environmental concerns.

BBC News - 1d

India approves legislation to boost oil and gas exploration

‘Far-reaching’ amendments to 1948 law highlight reluctance to wean world’s most populous nation off fossil fuels

Financial Times - 4h

Fabien Galthié fears Antoine Dupont suffered ‘serious’ injury against Ireland

‘We are angry and want an explanation,’ says head coach Ireland’s Simon Easterby: ‘It’s just a rugby incident’ France may have claimed a famous 42-27 victory , but in the moments after the ...

The Guardian - 4d

Internal emails reveal ONS fears about troubled UK jobs survey

Collapse in respondents skewed results for some industries

Financial Times - 2d

Trump, Texas GOP's deregulation push sparks hope and fear in the oil field

This story was produced in partnership with the Pulitzer Center. It is part two in a four-part series. Read part one here. President Trump and Texas lawmakers are pushing to loosen the laws and ...

The Hill - 2d

'They live in big fear': The BBC visits displaced Alawites in Lebanon

Thousands of Syrians have crossed into Lebanon from the provinces of Latakia and Tartus.

BBC News - 1d

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

Euro and pound rise against dollar amid ‘Trumpcession’ fears

US currency has lost all the gains it enjoyed since Trump won election and hits lowest level since mid-October. Business live – latest updates The euro and the pound have risen against the ...

The Guardian - 1d

Ship not laden with toxic chemicals, says owner

Fears over toxic chemicals are allayed, and the government says there is no evidence of foul play.

BBC News - 1d

C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout

The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.

The New York Times - 1d

Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War

Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.

Inc. - 1d

Shutdown fears grow as House Republicans battle over funding bill

House Speaker Mike Johnson is set to hold a vote on a GOP spending proposal, but opposition from both parties puts its passage in doubt. With Democrats vowing to vote against it and some ...

CBS News - 1d

NBA contenders don't fear the Thunder -- here are 22 reasons they should

Underestimate Shai Gilgeous-Alexander and West-leading Oklahoma City at your own peril.

ESPN - 2h

Inside Trump’s Crackdown on Dissent: Obscure Laws, ICE Agents and Fear

President Trump is clamping down broadly on dissent using the tools of the federal government.

The New York Times - 30m

Latest weather forecast as California deals with storms, fears of mudslides

California is dealing with more rain and threats of potential mudslides. CBS News meteorologist Zoe Mintz has the latest weather forecast.

CBS News - 1h

Trump Declines to Rule Out Recession as Tariffs Begin to Bite

President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”

The New York Times - 3d