‘There are no guarantees’: Scott Bessent won’t rule out a recession
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
The normally bullish Trump over the weekend declined to rule out the possibility of a full-blown recession as his tariff policies threaten to spark a massive global trade war.
“I hate to predict things like that,” Trump said when pressed about the possibility of a recession during a recorded interview that aired on “Sunday Morning Futures with Maria Bartiromo.
Trump imposing new tariffs on top of broader policy uncertainty will mean a hit to growth. The question is how large of a hit it will ultimately be.
Lina Khan and her allies tried to remake antitrust law. Trump’s team is likely putting an end to that.
The U.S. government this week released thousands more records on the assassination of President John F. Kennedy in 1963, long a source of fascination and intrigue. This is the final batch of JFK files after the federal government began declassifying documents in the early 1990s.
We speak with the Brennan Center’s Faiza Patel, who warns the Trump administration is ramping up efforts to target international students and other visitors and immigrants to the United States over pro-Palestinian speech. The State Department has reportedly launched a new effort using artificial intelligence to help identify and revoke visas for people the government deems to be supporting U.S.-designated terrorist groups, based primarily on the individuals’ social media accounts.
We get an update on legal efforts to stop the Trump administration from deporting Palestinian activist Mahmoud Khalil, who has been detained for two weeks despite being a legal resident with a green card. The Trump administration has explicitly said it is targeting Khalil because of his pro-Palestinian advocacy during protests at Columbia University last year, invoking a rarely used provision of immigration law to claim he could undermine U.S. foreign policy.
President Donald Trump signed an executive order Thursday instructing Secretary of Education Linda McMahon to start dismantling her agency, although it cannot be formally shut down without congressional approval. Since returning to office in January, Trump has already slashed the Education Department’s workforce in half and cut $600 million in grants.
Photographs by Elliott Verdier
In March 2009, after a long night on duty at the hospital, Emmeline Lagrange took a deep breath and prepared to place a devastating phone call. Lagrange, a neurologist, had diagnosed a 42-year-old woman with amyotrophic lateral sclerosis, or ALS. The woman lived in a small village in the French Alps, an hour and a half drive away from Lagrange’s office in Grenoble Alpes University Hospital.
On September 20, 1938, a man who had witnessed the rise of fascism packed his suitcases and fled his home in Berlin. He arranged to have smuggled separately a manuscript that he had drafted in secret over the previous two years. This book was a remarkable one. It clarified what was unfolding in Berlin at the time, the catalyst for its author’s flight.
The man fleeing that day was a Jewish labor lawyer named Ernst Fraenkel.
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A century ago, in 1925, the Ku Klux Klan came to Washington, D.C. The Klansmen had arrived in early August: the Kleagles and Dragons and Exalted Cyclopes, regalia folded and packed, families in tow. Loyal men came from the South, as expected, but that was not where the group’s true strength lay.
President Trump is taking apart one of George W. Bush’s proudest achievements.
Ever since he bought Twitter in 2022, Elon Musk has been titillating his fans with wild conspiracy theories from supposedly secret files. Now that Donald Trump is back in office—and has granted the world’s wealthiest private citizen free rein to dismantle federal agencies—Musk’s conspiratorial musings are no longer just entertainment for the extremely online. Internet fantasies have become a sufficient pretext for crippling the government.
As the fast fashion giant declares bankruptcy, we remember what it gave us.
Edward Fishman and Saleha Mohsin join to discuss how the US dollar became a global currency and what that means under Trump.
They look different, but they underscore the same anxieties.
The most successful Youtuber ever is selling his fame in the form of chocolatey treats.
HHS tells CDC leaders it is “recommending termination” of the discretionary advisory committees.
The Missouri Republican alone isn’t enough to block Oz’s nomination to lead the Centers for Medicare and Medicaid Services, even if Democrats join him.
Democratic state lawmakers are trying to bolster protections, but those efforts are imperiled by legal fights.
The cuts would seem to run counter to a first-term Trump priority.
At his confirmation hearing to run Medicaid, Oz brushed off Democrats’ concerns about cuts Republicans are planning.
The Waves also discusses the Riverside Church controversy and the case of Sarah Milov.
What we say matters, especially depending on whom we say it to.
The Waves also discusses the case against Jeffrey Epstein and Taffy Brodesser-Akner’s Fleishman Is in Trouble.
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
The normally bullish Trump over the weekend declined to rule out the possibility of a full-blown recession as his tariff policies threaten to spark a massive global trade war.