(NEW YORK) — A dangerous, multiday severe weather outbreak is set to bring tornadoes, flash flooding and damaging winds to the Midwest, the South and the East Coast, with the worst of the weather hitting the South on Saturday.
This is the first outbreak of this magnitude this year and is only the third time the National Weather Service has issued a high risk warning one day ahead.
The severe weather begins in the Midwest on Friday evening.
Residents from Davenport, Iowa, to Peoria, Illinois, and St. Louis to Memphis, Tennessee, are in the bull’s-eye for strong tornadoes. Destructive winds from thunderstorms could reach 90 mph and hail could be as large as baseballs.
On Saturday, the highest threat for tornadoes moves into the Deep South, focusing on eastern Louisiana, Mississippi, Alabama and the western Florida Panhandle.
In a rare warning, the highest risk level for severe weather/tornadoes has been issued from Jackson, Mississippi, to Birmingham, Alabama, where Gov. Kay Ivey issued a state of emergency. Those in the area should brace for numerous, significant tornadoes, some of which could be long-track and potentially violent.
The most dangerous tornado threat will begin in Louisiana and Mississippi late Saturday morning and the early afternoon. The threat spreads into Alabama in the late afternoon and evening and then reaches Florida and Georgia late Saturday night.
Destructive winds up to 80 mph and large hail are also in the forecast.
The severe storms will cover a large area, spreading as far north as Atlanta and Nashville, Tennessee.
On Sunday, the severe storms will be weaker as they target the East Coast from Florida to Pennsylvania.
The tornado threat will be focused on the Carolinas and Georgia in the afternoon.
Storms with the potential for damaging winds will reach the Northeast by the evening and last through early Monday morning.
(AUSTIN, Texas) — A man is facing charges after five people were killed and 11 were hospitalized in a collision involving 17 vehicles, including a semi-truck, in Austin, Texas, authorities said.
Solomun Weldekeal Araya, 37, has been charged with five counts of intoxication manslaughter and two counts of intoxication assault, according to Austin police.
The accident unfolded at approximately 11:23 p.m. on Interstate 35 southbound, according to Capt. Krista Stedman, public information officer for Austin-Travis County EMS. Crews arrived on scene to find multiple patients pinned in their cars, officials said.
Five people died at the scene: three adults, one child and one infant, authorities said. Eleven others were taken to hospitals.
“This incident was incredibly chaotic, and it was spread out over about a tenth of a mile,” Stedman said. “We were able to get all the critical patients off the scene within about 40 minutes and, considering how complex the scene was, that’s pretty impressive.”
The National Transportation Safety Board said it’s launched a safety investigation.
(WASHINGTON) — Vladimir Putin said Ukraine must surrender after President Donald Trump urged the Russian leader to spare the lives of Ukrainian soldiers, following ceasefire talks between the U.S. and Russia in Moscow.
In a post on Truth Social, Trump called Thursday’s discussions with Russia “very good and productive” and said there is a “very good chance that this horrible, bloody war can finally come to an end.”
He also claimed that thousands of Ukrainian soldiers are surrounded.
“AT THIS VERY MOMENT, THOUSANDS OF UKRAINIAN TROOPS ARE COMPLETELY SURROUNDED BY THE RUSSIAN MILITARY, AND IN A VERY BAD AND VULNERABLE POSITION,” he said.
“I have strongly requested to President Putin that their lives be spared. This would be a horrible massacre, one not seen since World War II,” he added.
Trump seemed to be referring to the sticking point in Russia’s Kursk region, something Putin has discussed as an issue in the talks. He also appeared to echo remarks Putin made in response to the U.S.-Ukraine ceasefire proposal on Thursday that Ukrainian troops are encircled in Kursk — a scenario Ukraine strongly denied.
Putin responded to Trump’s remarks on Friday, saying the soldiers need to surrender to be spared.
“[In] the event of a ceasefire and surrender, they will be guaranteed life and a worthy treatment in accordance with the norms of international law and the laws of the Russian Federation,” he said.
Ukraine pushed back Friday against the claims that its troops are surrounded in the Kursk region, where Putin this week ordered forces to “destroy” all Ukrainian formations remaining in the contested border region.
“The reports about the supposed ‘encirclement’ of Ukrainian units in the Kursk region are false and are being fabricated by the Russians for political purposes and to put pressure on Ukraine and its partners,” the general staff of the Ukrainian armed forces said in a statement on Friday.
“The threat of encirclement of our units is absent,” it added.
The statement comes a day after Putin referred to an “encirclement” in the Kursk region while remarking on the U.S.-Ukraine ceasefire proposal.
“We are for it. But there is a nuance,” Putin said of a 30-day ceasefire during a press briefing. “First, what are we going to do with the encirclement in the Kursk region?”
He said the situation in Kursk is “completely under our control, and the group that invaded our territory is in isolation,” and that it would be “very good for the Ukrainian side to reach a truce for at least 30 days.”
Ukrainian President Volodymyr Zelenskyy countered Friday that Putin is “lying” about the conflict and is blocking any diplomatic efforts to end the war.
“Putin is lying about the real situation on the battlefield, he is lying about the casualties, he is lying about the true state of his economy, which has been damaged by his foolish imperial ambitions, and he is doing everything possible to ensure that diplomacy fails,” he said.
“Putin cannot exit this war because that would leave him with nothing,” he continued. “That is why he is now doing everything he can to sabotage diplomacy by setting extremely difficult and unacceptable conditions right from the start even before a ceasefire.”
The claim that Ukrainian forces are surrounded was also shot down by defense analyst Michael Kofman, a senior fellow at the Carnegie Endowment who focuses on the Russian and Ukrainian militaries, who called it “simply untrue.”
Ukrainian forces pushed into Kursk last August in a surprise offensive, seizing the town of Sudzha and surrounding villages. Kyiv’s troops have repelled months of Russian counteroffensives, but recent weeks have seen their salient crumble and Russian forces retake significant ground.
During a visit to a command center in Kursk on Wednesday while clad in military fatigues, Putin said, “Your task is to completely destroy the enemy, which has entrenched itself in the Kursk region and is still conducting warfare here, and fully liberate the Kursk region’s territory within the shortest possible time.”
On Wednesday, Russian troops raised their flags over central Sudzha in Kursk as Ukrainian forces hurriedly retreated toward the shared border.
Russian advances to the border in the Kursk Oblast appeared to have slowed on Thursday compared to recent days, according to the latest assessment from the Institute for the Study of War.
The general staff of the Ukrainian armed forces said Friday that the situation “has not undergone significant changes over the past day,” and that troops are “regrouping” and have withdrawn to “more advantageous defense lines.”
“Our soldiers are repelling enemy offensive actions and delivering effective fire damage with all types of weapons,” it said.
Russian officials have indicated they will not engage in peace negotiations while any of Kursk remains under Ukrainian control.
Trump’s Middle East envoy, Steve Witkoff, met with Putin in Moscow on Thursday to discuss the proposed 30-day ceasefire in Ukraine — a step leaders in Kyiv and Washington, D.C., hope will facilitate a larger peace deal to end Russia’s three-year-old invasion of its neighbor.
Kremlin spokesperson Dmitry Peskov said there is “reason to be cautiously optimistic” about a ceasefire and said Putin and Trump now need to talk. The timing of that conversation will be determined once Witkoff reports to Trump, he said.
(NEW YORK) — In a letter to the Trump administration this week, electric automaker Tesla raised concerns about President Donald Trump’s ongoing tariffs, warning that the company could be “exposed” to retaliatory tariffs and urging the administration to “consider the downstream impacts.”
The comments were made in an unsigned letter on Tesla letterhead to United States Trade Representative Jamison Greer. It came after the USTR office earlier this year said it would be conducting a “review of unfair trade practices.”
The letter, dated March 11, comes from the company of tech billionaire Elon Musk, who has been leading the effort to slash government spending and downsize the federal workforce. It’s unclear if Musk was personally involved in sending the letter, and he has not addressed it on his social media platform, X.
As ABC News has reported, some Tesla shareholders have publicly questioned Musk’s commitment to the company as Tesla shares have fallen dramatically since Musk joined the Trump administration.
“As a U.S. manufacturer and exporter, Tesla encourages USTR to consider the downstream impacts of certain proposed actions taken to address unfair trade practices,” the letter said.
Tesla representatives did not respond to questions from ABC News, including questions regarding who wrote the letter. A White House spokesperson did not immediately respond to a request for comment.
In the letter, Tesla noted that tariff actions by the Trump administration have resulted in “immediate reactions” by the targeted countries, including increased tariffs on electric vehicles.
“Past U.S. special tariff actions have thus (1) increased costs to Tesla for vehicles manufactured in the United States, and (2) increased costs for those same vehicles when exported from the United States, resulting in less competitive international marketplace for U.S. manufacturers,” the letter said. “USTR should investigate ways to avoid these pitfalls in future actions.”
The letter also urged the administration to take into consideration supply chain issues when it comes to “future trade policy actions,” pointing, as an example, to what they say are shortages of lithium-ion batteries despite the company’s own efforts to manufacture them domestically.
“Nonetheless, even with aggressive localization of the supply chain, certain parts and components are difficult or impossible to source within the United States,” the letter states. “Tesla supports a process by USTR to further evaluate domestic supply chain limitations to ensure that U.S. manufacturers are not unduly burdened by trade actions that could result in the imposition of cost-prohibitive tariffs on necessary components, or other import restrictions on items essential to support U.S. manufacturing jobs.
“Trade actions should not (and need not) conflict with objectives to further increase and support domestic manufacturing,” the letter said.
ABC News’ Will Steakin and Kelsey Walsh contributed to this report.
(NEW YORK) — The Department of Homeland Security has arrested a second student who was involved with Columbia University protests, the agency announced.
Leqaa Korda was arrested by agents from Homeland Security Investigations for allegedly overstaying her expired visa — which terminated on Jan. 26, 2022. She was also allegedly arrested in 2024 for her involvement in the protests, according to DHS.
Korda is a Palestinian from the West Bank, according to DHS.
The arrest comes nearly a week after plain-clothed Immigration and Customs Enforcement officers arrested Mahmoud Khalil, a green card holder who was also involved in the protests at Columbia University.
The agency said another student involved in the protests — Ranjani Srinivasan, an urban planning student at Columbia and Indian citizen — used the CBP Home app to self-deport.
“It is a privilege to be granted a visa to live and study in the United States of America,” DHS Secretary Kristi Noem said. “When you advocate for violence and terrorism that privilege should be revoked, and you should not be in this country. I am glad to see one of the Columbia University terrorist sympathizers use the CBP Home app to self-deport.”
Federal agents with DHS also searched two Columbia University student residences Thursday night but did not arrest or detain anyone.
In a statement, Columbia President Katrina Armstrong said the DHS agents had two search warrants signed by a federal magistrate judge authorizing them to enter non-public areas of the university and conduct searches of two student rooms.
“I am writing heartbroken to inform you that we had federal agents from the Department of Homeland Security (DHS) in two University residences tonight,” Armstrong said in the statement. “No one was arrested or detained. No items were removed, and no further action was taken.”
The searches were part of the Trump administration’s crackdown on individuals it has described as espousing the views of Hamas and threatening the safety of Jewish students, according to sources.
Khalil was one of the leaders of the university encampment protests last spring, and is being held in Louisiana.
Khalil, a green card holder who has not been charged with a crime, is set to appear before an immigration judge on March 27.
Trump administration officials have said Khalil was detained for his purported support of Hamas. Baher Azmy, one of Khalil’s lawyers, called his client’s alleged alignment with Hamas “false and preposterous.”
Earlier Thursday, at least 98 people were arrested at a protest in the lobby of Trump Tower in New York City calling for Khalil’s release.
Separately, Columbia University announced Thursday that students who occupied the campus’ Hamilton Hall during pro-Palestinian protests last spring have been expelled, suspended for several years or had their degrees temporarily revoked.
(NAIROBI, Kenya) — As cute and confident as Pardamat now seems, the little elephant had a difficult start to life.
“Pardamat was found next to the dead body of his mother,” Edwin Lusichi, head keeper at the Sheldrick Wildlife Trust’s nursery in Nairobi, Kenya, where Pardamat is being cared for, told ABC News. “His mother had a big wound that had been caused by human beings.”
The story is similar for many elephants across the country — victims of what’s known as “human-wildlife conflict,” which has surpassed poaching as the No. 1 cause of illegal elephant death in Kenya, according to conservation groups.
Conservation groups say the growing human population, combined with drought and resource scarcity linked to climate change, are increasingly causing people and elephants to compete for things like space, food and water.
A common scenario involves elephants raiding and destroying crops in search of food. Some vulnerable farmers, desperate to protect their livelihoods, retaliate by spearing the elephants.
“The shopping malls, the roads, have been built on lands that used to belong to elephants and their migration routes,” Lusichi said. “So the resources are not there for humans and wildlife, and so animals are forced to get into human properties.”
According to some conservation groups, the issue has been exacerbated by the proliferation of new commercial farms growing crops like avocados for the West and China.
Every year, hundreds of people around the world are killed or injured by elephants due to conflict between humans and elephants, conversation groups said.
In southern Kenya, such conflict has become so common that some rangers now patrol farmlands on a nightly basis.
“On a busy night, on a dry season, even 20 elephants can come and raid,” Daniel Kutata, a ranger for the nonprofit conservation organization Big Life Foundation, told ABC News. “Farmers will be losing their crops, which they are depending on to earn a living, so yeah, there is a lot of pressure. We need both farmers and elephants to be safe.”
Big Life has installed an electric fence to help keep elephants within their protected areas. The organization reports that this initiative has significantly improved the situation, although some elephants have learned how to get around it.
A Maasai farmer who spoke to ABC News shortly after his tomato farm was raided told us he lost months of hard work and approximately $4,000 — that’s about eight times the average monthly salary in Kenya.
Save the Elephants, a research and conservation organization headquartered in Nairobi, has been working with local farmers to develop creative solutions to the problem.
ABC News spoke with farmer Jonas Makima, who nearly gave up on his business due to elephants raiding his crops.
“If an elephant gets onto the farm and raids everything, then it means now, you’ll not have food for the family, you’ll not have money for education for my children,” Makima said.
Makima told ABC News that during crop season, every night is a battle. He has set up all sorts of contraptions around his farm to keep the elephants away, including a watch tower, a sound cannon, and “chili bombs.”
However, Makima said his most effective tool is his beehive fence. A project by Save the Elephants found that elephants avoid crops up to 86% of the time during peak seasons because they are terrified of bees.
With Kenya’s population expected to double by 2070, Makima is now working with Save the Elephants to teach farmers across Africa that peaceful coexistence between people and elephants is possible with the right tools.
“People need to be educated, people need to know what to do when they encounter these animals in their farms,” Lusichi said. “And people need to know that these animals also have a right to life, a right to their space, so these habitats should not be invaded and occupied and used by people.”
Antonio Perez/Chicago Tribune/Tribune News Service via Getty Images
(GAINES COUNTY, Texas) — The number of measles cases associated with an outbreak in western Texas has grown to 259, with 36 cases reported over the last three days, according to new data released Friday.
Almost all of the cases are in unvaccinated individuals or in individuals whose vaccination status is unknown. Two cases have occurred in persons vaccinated with two doses, according to the Texas Department of State Health Services (DSHS). Breakthrough infections, when a vaccinated person is infected are rare, as the measles vaccine provides up to 97% protection after 2 doses.
At least 34 people have been hospitalized so far.
In the Texas outbreak, children and teenagers between ages 5 and 17 make up the majority of cases, with 115, followed by children ages 4 and under comprising 86 cases, according to the data.
DSHS said in its update that it expects more cases to be confirmed in the area and in surrounding communities.
Two likely measles deaths have been reported so far in the U.S. One is a confirmed death associated with measles, while the other has been definitively linked to the measles virus but the cause of death officially remains under investigation.
Gaines County is the epicenter of the Texas outbreak, with 174 cases confirmed among residents, according to the DSHS. State health data shows the number of vaccine exemptions in Gaines County has grown dramatically in the last dozen years.
In 2013, roughly 7.5% of kindergartners in the county had parents or guardians who filed for an exemption for at least one vaccine. Ten years later, that number rose to more than 17.5% – one of the highest in all of Texas, according to state health data.
The Centers for Disease Control and Prevention (CDC) has confirmed hundreds of cases in at least 12 states so far this year, including Alaska, California, Florida, Georgia, Kentucky, New Jersey, New Mexico, New York City, Pennsylvania, Rhode Island, Texas and Washington
The majority of nationally confirmed cases are in people who are unvaccinated or whose vaccination status is unknown. Of those cases, 4% are among those who received just one dose of the MMR (measles, mumps and rubella) inoculation and 2% are among those who received the required two doses, according to the CDC.
Measles is one of the most contagious diseases known to humans. Just one infected patient can spread measles to up to nine out of 10 susceptible close contacts, according to the CDC.
Health officials have been urging anyone who isn’t vaccinated to receive the MMR vaccine.
The CDC currently recommends that people receive two vaccine doses, the first at ages 12 to 15 months and the second between 4 and 6 years old. One dose is 93% effective, and two doses are 97% effective, the CDC says. Most vaccinated adults don’t need a booster.
Measles was declared eliminated from the U.S. in 2000 due to the highly effective vaccination program, according to the CDC. However, CDC data shows vaccination rates have been lagging in recent years.
ABC News Youri Benadjaoud contributed to this report.
(WASHINGTON) — Minority Leader Chuck Schumer took to the Senate floor Friday morning to defend his decision to support a Republican short-term funding bill that will effectively help avoid a government shutdown at the end of the day.
His surprise reversal, first announced Thursday evening — a day after he said he and Democrats would try to block the bill — means there will almost certainly be enough Democratic votes to advance the measure to a final Senate vote Friday just hours before the shutdown deadline.
“As everyone knows, government funding expires at midnight tonight. As I announced yesterday, I will vote to keep the government open. I believe it is the best way to minimize the harm that the Trump administration will do to the American people,” Schumer said Friday.
He said he believes the short-term funding bill — or continuing resolution — is a “bad bill” but said he believes if the government were to shut down, it would be a far worse outcome for the country.
“The CR is a bad bill. But as bad as the CR is, I believe allowing Donald Trump to take even much more power via a government shutdown is a far worse option,” Schumer said.
Schumer said he believes a government shutdown would mean President Donald Trump and Elon Musk and his Department of Government Efficiency (DOGE) would have even more authority to “destroy vital government services at a much faster rate.”
He said they would also have the power to determine which federal employees are considered essential — potentially giving them more power to lay off or fire more government workers and shutter federal agencies.
“A shutdown would allow DOGE to shift into overdrive. Let me repeat, a shutdown will allow DOGE to shift into overdrive. It would give Donald Trump and DOGE the keys to the city, state and country,” he said. “Donald Trump and Elon Musk would be free to destroy vital government services at a much faster rate than they can right now and over a much broader field of destruction that they would render.”
He continued, “In a shutdown, Donald Trump and DOGE will have the power to determine what is considered essential and what is not and their views on what is not essential would be mean and vicious and would decimate vital services and cause unimaginable harm to the American people.”
“Musk has told everybody he wants a shutdown because he knows it will help him achieve his horrible goal of just decimating the federal government from one end to the other. In other words, if government were to shut down, DOGE has a plan in place to exploit the crisis for maximum destruction,” Schumer said.
“A shutdown would be the best distraction Donald Trump could ask for,” he added.
Schumer also defended some his Senate Democratic colleagues who have come out opposed to the short-term funding bill. He acknowledged the tough decisions they as a caucus have had to weigh.
“Our caucus members have been torn between two awful alternatives, and my colleagues and I have wrestled with which alternative would be worse for the American people,” Schumer said.
He added that just because some of his colleagues will vote no on advancing the short-term funding bill, it does not mean they support a government shutdown.
“Different senators come down on different sides of this question. But that does not mean that any Senate Democrat supports a shutdown. Whatever the outcome, our caucus will be united in our determination to continue the long-term fight to stop Donald Trump’s dangerous war on our democracy and on America’s working families,” he said.
About the time Schumer was speaking, Trump praised him in a post on his social media platform, saying it took “guts” for the New York senator to signal his support for the GOP bill.
“Congratulations to Chuck Schumer for doing the right thing — Took “guts” and courage! The big Tax Cuts, L.A. fire fix, Debt Ceiling Bill, and so much more, is coming,” Trump posted on Truth Social.
“We should all work together on that very dangerous situation. A non pass would be a Country destroyer, approval will lead us to new heights. Again, really good and smart move by Senator Schumer. This could lead to something big for the USA, a whole new direction and beginning,” Trump wrote.
Former Speaker Nancy Pelosi, appeared to be distancing herself from Schumer’s decision, slammed Democrats who support the House GOP bill.
“America has experienced a Trump shutdown before — but this damaging legislation only makes matters worse. Democrats must not buy into this false choice. We must fight back for a better way. Listen to the women, For The People,” she said in a statement Friday.
At the same time, Pelosi applauded House Democrats for their near unanimous vote against the measure.
“I salute Leader Hakeem Jeffries for his courageous rejection of this false choice, and I am proud of my colleagues in the House Democratic Caucus for their overwhelming vote against this bill,” she said.
(WASHINGTON) — The former director for the Centers for Disease Control and Prevention (CDC) called for stronger, nationwide guidance on infant vaccine doses for measles prevention in a new opinion paper published Friday.
In the face of a growing measles outbreak — with more than 200 cases confirmed in western Texas — the federal health agency issued an alert on March 7 saying parents in the outbreak area should consider getting their children an early third dose of the measles, mumps, rubella (MMR) vaccine.
The CDC currently recommends people receive two vaccine doses, the first at ages 12 to 15 months and the second between 4 and 6 years old. The third early dose would occur starting at 6 months old.
Texas health officials have also recommended early vaccination for infants living in outbreak areas.
However, in the new opinion paper published in the medical journal JAMA, Dr. Rochelle Walensky and her co-authors say the CDC should issue a more direct nationwide recommendation.
“Right now, there is a higher risk of measles exposure in New Mexico than Mexico City, so our vaccine recommendations should reflect that,” co-author Dr. Benjamin Rader, a computational epidemiologist at Boston Children’s Hospital and assistant professor at Harvard Medical School, told ABC News.
The suggested recommendations include that infants living in any high-risk area within the U.S. be advised to get an early dose of the MMR vaccine and that infants planning to visit high-risk areas — domestically or internationally — should get an early dose.
The authors say that, historically, unvaccinated children traveling internationally to measles-endemic reasons have resulted in the most cases of the disease in the U.S.
However, due to recent measles outbreaks in the U.S. and low vaccination rates, there is “a growing domestic hazard,” signaling the need for a policy change.
“With measles outbreaks increasing domestically, infants traveling to affected areas face significant risk,” said co-author Dr. John Brownstein, an epidemiologist and ABC News contributor. “Expanding early MMR vaccination beyond international travel to include high-risk U.S. regions is a necessary step to protect vulnerable populations.”
The CDC did not immediately return ABC News’ request for comment.
If an infant gets their first MMR vaccine at 6 months, they will cumulatively get three shots throughout childhood, rather than the standard two shots.
Young children under the age of 5 make up one-third of all measles cases in the U.S. this year and have the highest rate of hospitalization of any age group from measles, CDC data shows.
This group is also at risk for being more likely to suffer measles complications including hospitalization, pneumonia, encephalitis — swelling of the brain — and even death.
(NEW YORK) — Consumer attitudes soured in March alongside slumping markets and growing concern about a possible recession, University of Michigan survey data on Friday showed. Sentiment worsened more than economists expected.
The figure marked the third consecutive month of dampening consumer attitudes, data showed.
Expectations about future economic conditions worsened in a slew of key areas, including personal finances, labor markets, inflation and stock markets, the survey said.
Consumer sentiment soured among both Democrats and Republicans, though it dropped more among Democrats, data showed.
On Thursday, the S&P 500 closed down more than 10% since a peak attained last month, meaning the decline officially qualified as a market correction. It marked the index’s first correction since October 2023.
The major stock indexes recovered some losses in early trading on Friday.
Consumers expect the inflation rate to rise to 4.9% over the next year, according to the survey, which marks a significant jump in year-ahead inflation expectations compared to survey results in February.
The current inflation rate stands at 2.8%, nearly a percentage point higher than the Federal Reserve’s target of 2%.
President Donald Trump’s tariffs last week set off an escalating global trade war. The U.S. slapped 25% tariffs on Mexico and Canada, some of which were delayed. Trump also imposed a 10% tariff on China, doubling taxes on Chinese imports to 20%.
Trump’s 25% tariffs on all imported steel and aluminum products took effect on Wednesday.
The array of duties on imported goods prompted retaliatory measures from China, Canada and the European Union.
Tariffs of this magnitude are widely expected to increase prices paid by U.S. shoppers, since importers typically pass along a share of the cost of those higher taxes to consumers.
Higher prices and looming economic uncertainty could scare off consumers, experts previously told ABC News. Consumer spending accounts for about two-thirds of U.S. economic activity.
Goldman Sachs last week hiked its odds of a recession from 15% to 20%. Moody’s Analytics earlier this week pegged the probability of a recession at 35%.
This is a developing story. Please check back for updates.
