Just 20 days ago, the US stock market was sitting at all-time highs. The US economy appeared to be growing at a solid pace. And a recession was nowhere in sight.

U.S. stocks have suffered their sharpest selloff in months as investors have grown nervous that Trump will slow the economy with import duties.

The signs of a recession, how they affect the public and what you can do to prepare financially in case one comes.

Over the last year, while President Joe Biden was in office, Trump took credit for stock market rallies as a vote of confidence in his electoral prospects. When the market dipped, he blamed Biden and Vice President Kamala Harris. And he predicted that if Democrats won the 2024 presidential election, the stock market would have crashed.

US President Donald Trump positioned himself as a top businessman and an expert in the "art of the deal" during his campaigns for the White House but his economic policies have since been called into

President Donald Trump indicated that he's optimistic when asked about the current state of the economy on Tuesday after previously sidestepping questions about fears of a potential recession. Reacting to the growing fears of a tariff war,

Recession chatter is still making the rounds on Wall Street, but cooler inflation is quelling fears of a dire scenario for the Fed.

Against that backdrop, Wednesday’s consumer-price index report comes into sharp focus as investors hope for more clarity on whether recent fears of stagflation — a toxic mix of elevated inflation and a stumbling economy — appear justified.