Small-cap stocks are not signalling recession

• 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 widespread
  
  MarketWatch - 5d

• Retail sales rose modestly in February, but fell short of forecasts

  Weaker than expected retail sales comes as businesses warn that U.S. consumers are pulling back on spending.
  
  CBS News - 1d

• Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.

  Kohl’s has “identified key areas of focus,” CEO Ashley Buchanan said.
  
  MarketWatch - 6d

• Retail sales increased 0.2% in February, though spending up less than expected

  Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate.
  
  CNBC - 1d
• 

  Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War

  The largest department store chain in the United States, like many other retailers, has warned that shoppers may be more cautious in the months ahead.
  
  The New York Times - Mar. 6

• Jim Cramer names retail stocks to buy as the market pulls back

  CNBC's Jim Cramer on Thursday highlighted two stocks in the retail space that he thinks investors have an opportunity to buy on the dip, Ralph Lauren and Gap.
  
  CNBC - 4d

• U.S. retail sales barely rise, but investors see glimmer of good news in seemingly weak report

  Retail sales barely rose in February, in another sign the economy might be weakening as businesses and consumers digest rapid-fire changes being made by the Trump White House.
  
  MarketWatch - 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 - Mar. 10

• Fashion-retailer Forever 21 files for bankruptcy for a second time

  Forever 21's U.S. retail operator plans liquidation sales after filing Chapter 11 for the second time in six years.
  
  CBS News - 1d

More from Financial Times

• What auto bosses worry will become the next front in the tariff war

  Executives are concerned that levies on components could be next
  
  Financial Times - 44m

• Hong Kong’s cargo sector faces a tariff test

  The city’s strategic position makes it increasingly vulnerable to escalating geopolitical tensions between the US and China
  
  Financial Times - 2h

• UK’s red tape cut should follow business world’s dotted lines

  Companies undergoing efficiency drives know that such a mission calls for hard numbers and goals
  
  Financial Times - 2h

• Economists forecast slowing US growth and increased inflation

  Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the right
  
  Financial Times - 2h

• Criminals use AI in ‘proxy’ attacks for hostile powers, warns Europol

  EU police agency says organised crime rings use artificial intelligence to amplify their ‘speed, reach, and sophistication’
  
  Financial Times - 2h

More in World

• 

  Trump Lawyer Refuses to Answer Judge’s Questions in Deportation Flight Hearing

  The Trump administration tried to have the hearing canceled and sought to remove the judge overseeing it, as White House officials took a confrontational stance.
  
  The New York Times - 4m
• 

  Live Updates: Israel Carries Out Deadly Strikes in Gaza and Warns of Intensified Attacks

  The assaults targeting Hamas killed more than 400 people, local officials said, and were the first major strikes in Gaza since both sides agreed to a truce in January.
  
  The New York Times - 7m
• 

  Trump calls for impeachment of judge weighing Alien Enemies deportation case – live

  US president’s post marks a significant escalation of rightwing attacks on the judiciary; judge tells White House to provide more details about deportation flights by noon ET. White House’s ...
  
  The Guardian - 12m
• 

  Germany passes huge spending package amid Ukraine fears as White House says Trump-Putin call ‘going well’ – Europe live

  US and Russian presidents speak on phone as Bundestag votes to release a €500bn infrastructure fund to boost German defence. Trump and Putin to hold high-stakes call on Ukraine Speaking for ...
  
  The Guardian - 15m
• 

  ‘The younger me would have sat up and nodded’: Adolescence writer Jack Thorne on the insidious appeal of incel culture

  Researching mine and Stephen Graham’s Netflix drama, I realised the brains of under 16s are unable to cope with ideas as dangerous as those in the ‘manosphere’. The government needs to ban ...
  
  The Guardian - 15m