U.S. economic policymakers have been singularly focused on achieving a so-called soft landing that brings inflation down without a recession. Now, a new team of pilots are considering a course correction that,

Major U.S. stock indexes sank on Monday after U.S. President Donald Trump declined to predict whether his tariff policies could lead to a recession, roiling investor sentiment. The Nasdaq Composite sank more than 4% after confirming last week that its retreat from December's record high was a correction.

Two days later, after a hastily called Cabinet meeting, Trump announced some new restraints on his fellow billionaire. But even in a truly head-spinning week in this new era in Washington, one Trump remark stands out in how utterly unbelievable it was.