A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.
As the rout in financial markets intensified last week, President Trump turned his ire toward the Federal Reserve, which he has pressured to resume interest rate cuts.