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.
Tropical Storms Karina and Lowell formed Thursday in the Pacific Ocean, both of which were expected to become hurricanes in the next few days, the National Hurricane Center said.
A new study suggests that El Ninos — the natural climatic chaos agent that pops up periodically and spikes global temperatures — are getting stronger because of human-caused climate change.
Two unvaccinated Pennsylvania residents have died after being infected with measles, the first U.S. deaths this year related to the contagious virus. State health officials announced the deaths Tuesday. They did not reveal any details about the people who died, other than that they lived in Lancaster County, west of Philadelphia.
