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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 - 2d -
Retail traders are getting spooked by a market downturn. That’s bad news for brokerage stocks.
While stocks across the board tumbled on Monday, the pain was acutely felt by shares of brokerages like Robinhood, Charles Schwab and Interactive Brokers.MarketWatch - 2d -
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 -
FirstFT: ‘it feels nasty’ — US stock markets suffer heavy falls
Also in today’s newsletter, US-backed miner seeks to develop Ukraine lithium site and OpenAI forges near-$12bn contract with CoreWeaveFinancial Times - 1d -
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummetNBC News - 1d -
Jim Cramer's top 10 things to watch in the stock market Tuesday
Delta and American both cut their earnings forecasts. Oracle showed the data-center buildout is continuing.CNBC - 1d -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 1d -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 1d -
UK Electric Van Market Grows Amid Challenges in the Wider LCV Sector
Yahoo News - 1d -
The Stock Market Is Waking Up to Its Overconfidence in AI and Trump
The Nasdaq just suffered its worst day since 2022.Inc. - 1d -
These 10 stocks beating the market’s recent Trump slump have this in common
This year’s top performer among the S&P 500 has been CVS Health’s stock, which had a bad 2024 and is cheap by a key valuation measure.MarketWatch - 1d -
UK minister in ‘active discussions’ with pension funds to invest more in private markets
Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assetsFinancial Times - 1d -
Job openings see gains in January in a sign of labor market stability
The Job Openings and Labor Turnover Survey showed that postings rose to 7.74 million on the month, up 232,000 from December.CNBC - 1d -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - 1d -
This cinema stock is a ‘safe bet in a volatile market’ — and it’s not AMC or Cinemark
High-end movie-theater operator IMAX Corp. is well-positioned to shine in a tough macroeconomic environment, according to analyst firm Benchmark.MarketWatch - 22h -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 22h -
Trump meets with CEOs at Business Roundtable as market sell-off continues
Trump, a major proponent of tariffs, told the room full of business leaders that the duties he has already imposed are having a "tremendously positive impact."CNBC - 23h -
Patriots' QB move may open trade market for this intriguing prospect. Or maybe not
Joe Milton showed off one of the league's strongest arms in limited work last season. New England just signed a different backup QB. So will it deal Milton?Yahoo Sports - 18h -
Education Dept. slashes workforce; new tariffs roil US markets
President Donald Trump is planning to cut nearly 1,300 Department of Education employees, about half of its total staff, with an ultimate goal of shutting down the agency completely. It comes as ...NBC News - 10h -
The America-First President Doesn’t Care About a Last-Place Stock Market
Wall Street is mixed on whether to buy the dip through tariff uncertainty.Inc. - 7h -
For Trump, the Stock Market Matters, Until It Doesn’t. CEOs Disagree
As major indexes slide and investors worry, the president abandons his longtime claim that Wall Street performance is the only economic metric that matters, and digs in on import tariffs most ...Inc. - 5h -
Starting the day with a healthy breakfast is becoming a pricey luxury
The rise in costs comes as consumers signal that they are increasingly tapped out and worried about the impact of potential tariffs on the economy.CNBC - 4d -
The right-to-repair movement is growing as wins stack up
But six states have passed right-to-repair laws, protecting consumers’ abilities to repair or modify their products.NBC News - 3d -
Joan Dye Gussow, Pioneer of Eating Locally, Is Dead at 96
An indefatigable gardener, she was one of the first nutritionists to emphasize the connections between farming practices and consumers’ health.The New York Times - 3d -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - 2d -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - 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 - 1d -
The cracks in the facade of your economic wellbeing are sitting in your shopping basket
The rise in egg prices unnerves consumers and makes us question the wider economic environment.MarketWatch - 1d -
Key inflation data set to be released tomorrow. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.CBS News - 1d -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 1d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 1d -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - 17h -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - 7h -
Europe, Canada retaliate as Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 6h -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 5h -
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 - 5h -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 1h -
Louisiana death row inmate challenges nitrogen gas as execution method
Jessie Hoffman Jr, who would become first person state killed this way, says his religious rights would be violated. A man scheduled to become the first person executed by nitrogen gas in Louisiana ...The Guardian - 4d -
Air Force intercepts aircraft flying in a restricted zone near Mar-a-Lago
Air Force fighter jets on Sunday intercepted a civilian aircraft flying in the temporarily restricted airspace near President Donald Trump’s Florida home, bringing the number of violations to more ...ABC News - 3d -
Sens. Josh Hawley and Cory Booker reintroduce bipartisan child labor bill
Sens. Josh Hawley, R-Mo., and Cory Booker, D-N.J., are reintroducing legislation on Monday that would bar companies from receiving federal contracts if they’ve been found to have made serious, ...NBC News - 2d
