Uncertainly, stress from federal policy moves called "unprecedented" as market dives far from its peak in December.

U.S. stocks plunged on Monday as relentless tariff wrangling and mounting anxieties from a possible federal government shutdown gave rise to fears that the U.S. economy could be careening into recession.

White House may have forgotten what a real recession looks like, according to one economist, but the financial markets are on full alert for a slowdown.

Commerce Secretary Lutnick declared Sunday on NBC's "Meet The Press" that Trump's tariffs will "absolutely not" trigger a recession in the U.S. economy. "There's going to be no recession in America. What there's going to be is global tariffs are going to come down,

Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.

Commerce Sec. Howard Lutnick shot down the possibility of a forthcoming recession in America, in an interview on NBC News’s “Meet the Press” on Sunday. “Absolutely not,” Lutnick said when asked whether Americans should brace for a recession.