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.
The Maine State Fire Marshal’s Office said a firefighter was found in the rubble of the fatal fire. Because of the complexity of the scene, the investigation is expected to take some time.
Alex Murdaugh's murder convictions and life sentence for the deaths of his wife and son were overturned Wednesday by the South Carolina Supreme Court because the court clerk at his trial suggested he was guilty. But the disgraced lawyer won't be leaving prison anytime soon.
Workers at Denver airport initially missed a security breach by man who scaled an 8-foot perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said Tuesday.
The Labor Department's consumer price index rose 3.8% from April 2025, according to data released Tuesday. On a month-to-month basis, April prices rose 0.6% from March as gasoline prices rose 5.4% during the month; the month-over-month gain was down from 0.9% increase from February to March.
Defense Secretary Pete Hegseth faced tough questions from Republican and Democratic lawmakers in Congress on Tuesday about the Trump administration's end game for the Iran war, the conflict's costs and its impact on diminishing weapons stockpiles.
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