Recession fears are rising under President Trump's new campaign of tariffs. There is still time to prepare your finances.
The yield on the 10-year Treasury, a leading barometer of economic conditions, has fallen below 4% for the first time since last October, suggesting heightened fears of a recession. The 4% line was breached during overnight U.
The anxiety and fear over a bright financial future are growing amongst millions of Americans planning or nearing their retirement.
Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared U.S. President Donald Trump's sweeping tariffs would tip the global economy into a recession.
U.S. stocks ended the week Friday with a major selloff amid fears of a new round of tariffs, inflation and declining consumer sentiment.
Wealth management advisors say the full effects of the tariffs are yet to be seen, but some worry the impact will be catastrophic.
Stock markets worldwide saw declines on Monday due to fears of President Trump's tariffs set to take effect on Wednesday. The S&P 500 dropped by 0.6%,
A day after US President Donald Trump announced his far-reaching tariffs, the US stock market faced a brutal sell-off, with the S&P 500 plummeting nearly 5%, erasing over $2 trillion in value — the worst drop since 2020.