News for March 17, 2025

A New York Fed survey shows more Americans expect credit applications to be denied, as President Donald Trump's trade wars and a weakening economy add to consumer worry.

NBC News says recession worries are rising as trade tensions and weaker confidence add pressure, but the main data still gives mixed signals and does not yet show a clear downturn.

Tesla shares fell while the broader stock market rebounded, as investors weighed new trade worries and a key Federal Reserve decision.

F21 OpCo, the U.S. operator of Forever 21, has filed for bankruptcy again and plans to wind down its U.S. business unless it can find a buyer.

Forever 21 is shutting down its U.S. operations after filing for bankruptcy again, marking a major fall for the once-popular clothing chain.