Stocks on Wall Street took another hit today as recession worries continue to plague investors. President Trump attempted to reassure the public, pushing back against fears of an economic downturn as tariffs come into effect. However, the ongoing federal workforce cutdown is set to hit the education department hard, as it prepares to be slashed in half.
The uncertainty in the economy has once again rattled the stock market, with investors feeling the pressure of a potential recession looming ahead. President Trump’s efforts to downplay these concerns have not been enough to ease the nerves of Wall Street.
The education department is bracing for significant cuts as part of the federal workforce reduction, adding to the challenges faced by the sector. With budget constraints and staffing reductions, the impact on education programs and services could be substantial.
As the day unfolds, it is crucial to stay informed on the latest developments and updates. For more in-depth coverage and analysis of today’s top headlines, be sure to follow NBC News for the most up-to-date information on these pressing issues.
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Video “This Morning’s Top Headlines – March 12 | Morning News NOW” was uploaded on 03/12/2025 to Youtube Channel NBC News