Every major U.S. stock market plunged on Monday, wiping out billions of dollars in value. Jeanna Smialek, who covers the U.S. economy for The Times, discusses what was behind the dizzying sell-off — and what it can tell us about whether America is headed for a recession.
Today
A Historic Settlement Over Social Media Addiction
Meta, the world’s biggest social media company, reached a multibillion-dollar legal settlement on Wednesday over claims that its technology was addictive to children. The company agreed to impose major changes to how minors use its products. Cecilia Kang, a technology reporter fo ... Show More
28m 9s
Aug 25
Canada Is Done With Trump
In a dramatic decision, the prime minister of Canada abruptly cut off negotiations with the United States, delivering the message to President Trump that he would rather engage in an ugly trade war than submit to an unfair deal. Matina Stevis-Gridneff, the Canada bureau chief for ... Show More
37m 1s
Mar 2020
Why Markets Crashed on Monday
Within minutes of the U.S. stock market opening on Monday, the S&P 500 sunk so swiftly that it triggered a 15-minute pause in trading, a rare event meant to prevent stocks from crashing. We look at why this happened and what it means for the U.S. economy.“The Latest,” from the te ... Show More
7m 39s
Mar 2025
A Trump Slump? How to Navigate Choppy Markets
It has been a wild few weeks in markets.
By last week, the S&P 500 had wiped out all its gains since Election Day – $3.4 trillion in value. When Trump was asked about the possibility of a recession over the weekend, he said the US was in a “period of transition.”
Then on Monday, ... Show More
16m 40s
Apr 2025
Closing Bell Overtime: Stocks Wipe Out 11 Months of Gains 4/4/25
<p>The sharp two-day selloff has wiped out more than 10% in both the S&P 500 and the Nasdaq. Bob Elliott, Unlimited CEO, and Keith Lerner, Truist Wealth Co-CIO, kick off with a deep dive into what’s driving the decline and where markets go from here. Pippa Stevens reports on the ... Show More
53m 29s