Dow Dips Into Bear Market Territory As Stocks Fall On Recession Fears
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Stocks extended their decline Monday with the Dow Jones Industrial Averages becoming the last major indexes to officially enter a bear market, the latest milestone in 2022 turmoil as the market deepened its slump amid growing fears of a recession
Treasury Sect. Yellen says the Federal Reserve needs "luck" and skills to avoid an economic crash
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Treasury Secretary Janet Yellen struck a hopeful tone in the Federal Reserve achieving a soft landing, saying the Central Banks will need some “luck” and “some skills,” but warned that a looming recession will be a “risk” for the Biden administration in the upcoming months.