Stocks slump yet again as fears grow about tariffs — and a recession
U.S. stock markets fell again on Monday as investors grew increasingly fearful about tariffs — and a potential recession.
Wall Street was already coming off a volatile, negative week digesting the potential impact of new U.S. tariffs — and mounting whiplash from how President Trump has implemented, and then delayed, some of them.
By the end of last week, the major U.S. indices had each dropped by more than 2% for the week. The S&P 500 fell 3.1% — its largest decline since September.
Then, in a weekend interview with Fox News, Trump didn’t rule out the possibility of a recession.
“I hate to predict things like that,” Trump told Fox News. “There is a period of transition, because what we’re doing is very big. We’re bringing wealth back to America.”
In contrast, Trump’s Commerce Secretary, Howard Lutnick, told NBC’s Meet the Press that there was “no chance” of a recession.
But by midday Monday, U.S. investors appeared more worried than reassured.
The Dow was down about 500 points, or 1.2%, in midday Monday trading. The S&P 500 fell by another 2.2%, and the tech-heavy Nasdaq slumped more than 3.3%.
Why is caregiving so hard in America? The answers emerge in a new film
A new documentary on PBS shows what it's like to care for adult family members and recounts the history of caregiving policy in the U.S., revealing why those caring for family are often on their own.
European officials hold talks with Iran in Geneva, seeking a diplomatic solution
It marks the most significant known diplomatic talks between Tehran and Western governments since Israel launched a surprise offensive against Iran one week ago.
Ancient Roman masterpieces emerge from a London demolition pit
Thousands of newly discovered fragments, which once adorned a high-status Roman building, offer an unprecedented glimpse into the artistic sophistication and daily life of ancient Londinium.
The story behind the arrest of 87-year-old veteran John Spitzberg at the Capitol
The video of John Spitzberg's arrest has been shared widely across social platforms, becoming a crystalizing moment for those protesting the Trump administration.
This is not the ‘Star Wars’ you thought you knew
The Star Wars available to the public to stream is not the same film that was shown in 1977. But in the U.K., audiences had a rare chance to see it.
Which organization snubbed Trump this week? Find out in the quiz
This week's installment features weird dolls, presidential decrees and even a sports question! Best of luck.
