The Latest Breaking News from Recession

The sharp decline mirrors other market falls across Europe

In the United States, the tech-heavy Nasdaq Composite Index plummeted by 4.0 percent, seeing its worst day since 2022 after Trump declined to rule out the risk of a U.S. recession. The Nasdaq was bogged down by retreats in the so-called Magnificent Seven tech stocks, which include Google parent Alphabet,…

Despite economists warning of a potential recession, Donald Trump insists his tariff policies will make Americans "so rich."

Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020

Wall Street suffered another massive selloff Monday, driven by the economic uncertainty created by President Donald Trump's tariff policies and growing fears of a recession.

Sell-off continued Tuesday morning in Asian markets

Tesla stock has lost over 45% amidst concerns new U.S. policies will lead to recession. Still, a UBS analyst warns of further downside in TSLA shares.

On Wall Street, the S&P 500 had plunged 2.3% by the time European markets closed, and Dow Jones was down 1.2%.

Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors