US stocks plummeted on Monday, with the Dow Jones down 2%, the S&P 500 down 2.7%, and the NASDAQ down 4%, resulting in over $1 trillion in losses. Retaliatory tariffs from China on US imports exacerbated the decline. President Trump’s reluctance to rule out a recession was highlighted, with the Dow down 2.5% since his inauguration, the S&P down 5%, and the NASDAQ down 10%. A disappointing jobs report showed only 151,000 jobs added, below the expected 170,000. Consumer confidence dropped significantly, and mortgage rates fell to 6.63%. The conversation also touched on the Federal Reserve’s role in economic manipulation and the potential for a recession.
A woman in Indiana who put off dental surgery because she doesn't know if she can afford the copay. A Florida couple with young children who are depleting their savings. A grandmother in Idaho who plans to sell her car to pay the rent. They are among the tens of thousands Transportation Security Administration officers set to receive another $0 paycheck this week.
Two people were killed and several others badly hurt when an Air Canada regional jet struck a fire truck on a runway while landing at New York's LaGuardia Airport, officials said.
Federal immigration officers have been seen at an airport in Atlanta after President Donald Trump said he'd deploy agents to supplement the Transportation Security Administration during a government shutdown that has caused long lines at security checkpoints across the country.