Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly O’Grady has more. Source

Canada’s Liberal Party has chosen former central bank leader Mark Carney to succeed Justin Trudeau as the country’s next prime minister. The 59-year-old economist won with nearly 86% support in a vote Sunday. CBS News correspondent Shanelle Kaul has more. Source

Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he’s expecting a recession this year, and he did not rule it out. CBS News’ Kelly O’Grady and Weijia Jiang have the latest. Source

House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by $6 billion and cut domestic spending by $13 billion. CBS News congressional correspondent Nikole Killion has the details. Source

Secretary of State Marco Rubio on Monday announced the cancellation of 83% of USAID programs. Rubio said the remaining programs will be run under the State Department and thanked Elon Musk’s Department of Government Efficiency for its assistance in cutting costs. Sam Vinograd, CBS News national security contributor, and Raj Kumar, president and editor-in-chief of Devex, join to assess the impact on U.S. assistance worldwide. Source

U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O’Grady examines the market’s response. Then, Fin Gómez, CBS News political director, and Evan McMorris-Santoro, NOTUS reporter, join with analysis. Source

Minnesota Gov. Tim Walz is now weighing in on what Democrats should have done better in 2024. Political strategists Joel Payne and Michael LaRosa join “America Decides” with analysis. Source

The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another shutdown over government funding. CBS News Weijia Jiang and Nikole Killion have the latest. Source

Canada’s next prime minister, former central banker Mark Carney, is pledging to take on President Trump as the president imposes tariffs and threatens to turn the country into the 51st state. CBS News’ Ed O’Keefe and Shanelle Kaul have more. Source

A judge is slamming the brakes on the Trump administration’s attempt to deport a pro-Palestinian activist who helped lead Columbia University’s 2024 student encampment protests. Source