Dow tumbles 400 points, S&P 500 falls to the lowest since September on recession fears: Live updates – CNBC
The trader works on the floor of the New York Stock Exchange on March 10, 2025 at Opening Bell. Charlie Tribrorow | AFP | Getty Images Stocks fell on Monday as sales pressure continued to drag Wall Street last week. Investors worried about the economy slowing after President Donald Trump failed to rule out a […]
Stocks slump as recession fears rattle Wall Street
Stock markets launched the week with losses Monday amid growing concerns about the state of the US economy and the impact of President Trump's trade policy. The Dow Jones industrial average fell 381 points, down 0.9% Monday before 11:30am. The NASDAQ Composite fell by 3.5%, while the S&P 500 index fell by 2%. It has […]
‘There’s Going to Be No Recession in America’
Commerce Secretary Howard Lutnick predicted Sunday on NBC's “congregation” that the US economy would not experience a recession. Host Kristen Welker said, “Consumer sentiment is declining and inflation is on the rise. Major banks like JP Morgan and Goldman Sachs have said there is a growing possibility of a recession over the next 12 months. […]
Trump on if he's expecting recession this year: 'I hate to predict things like that'
In an interview with Maria Bartiromo about Fox News, including whether he is concerned about the looming recession of the US economy, he faced many questions about the economic ripple effects of his tariff policy. “I hate predicting such things,” Trump told Baltiromo on “Sunday Morning Futures” when asked if he was expecting a recession […]
Commerce Secretary Howard Lutnick on recession risk and tariffs
Commerce Secretary Howard Lutnick rejected the market, highlighting the risk of a recession even as it slides. And America's biggest trading partner said it could easily avoid Trump's two modest tariffs. When asked if he was worried about the US going into a recession on NBC's Meet the Press, Lutnick gave a clear answer. “It's […]
Lutnick: ‘There’s going to be no recession in America’
Commerce Sec. Howard Lutnick shot down the possibility of a recession in the US in an interview on NBC News' “Meet the Press” on Sunday. “It's definitely not,” Rutnick said when asked if Americans should decorate due to the recession. “Donald Trump is the winner. He's going to win for the Americans. That's just what […]
‘We Are Sliding Towards A Recession’: Newt Gingrich Sounds Alarm About Need For GOP To Pass Tax Cuts
Former Republican House Speaker Newt Gingrich warned on Monday that Republicans must either pass tax cuts by July 4th or risk a recession that will cost them control their home in 2026. On February 25, House Republicans advanced a budget resolution at the end of 2025 to extend President Donald Trump's first term tax cuts. […]
Children facing a ‘happiness recession’ says laureate Frank Cottrell-Boyce | Books
Children's Laureate Frank Cottrell-Boyce has called on Keir Starmer's government to “stand up and show tangible signs that this country cares about its children”. The author will hold a summit on children's reading in Liverpool on Wednesday, where Rachel de Sousa, Children's Commissioner for England, and former Children's Laureates Michael Rosen and Cressida Cowell will […]
Economic fallout from Trump mass deportations could eclipse Great Recession: Report
President-elect Trump's mass deportation plan threatens to gut the U.S. economy, reduce growth and the workforce, and accelerate inflation, according to a report. report Democratic members of the Congressional Joint Economic Committee (JEC) made the announcement on Thursday. The report, which obtained data from the Peterson Institute for International Economics, found that deporting 8.3 million […]
Stock rally pauses as rate cut cheer meets recession fears – Yahoo Finance
Naomi Robnick and Wayne Cole LONDON/SYDNEY (Reuters) – Global shares hovered near record highs on Monday and Wall Street futures rose cautiously ahead of a business activity survey that could confirm or call into question market expectations of another big interest rate cut from the Federal Reserve. MSCI's global stock index was stable after two […]