Explainer: What’s a recession and why is rising anxiety about it roiling markets?

TOP STORIES:

• Who’s running for CA governor to replace termed-out Gavin Newsom? Here’s a look at field – so far
• The EU retaliates against Trump’s trade moves and slaps tariffs on produce from Republican states
• House passes spending bill
• Most AAPI adults don’t support cutting agencies and want a focus on costs: new poll
• The Education Department was created to ensure equal access. Who would do that in its absence?
• Trump’s 25% tariffs on all steel and aluminum imports go into effect
• LA Mayor Karen Bass facing recall effort over handling of Palisades Fire
• The US is short nearly 4 million homes
• US inflation cooled last month, though trade war threatens to lift prices
• Bosa brothers or bust? 49ers must find others to join Nick on D-line
• The Warriors look like they’re peaking at the right time. Does that matter for title contention?