An ugly Monday on Wall Street. I'm John Saucier, Fox News.

Stocks plunging today's renewed recession fears after a week or that expected July

jobsport came out on Friday. Fox Business Network,

Silery Vaughn at the White House with more.

If you would think that Friday's bad job report

was a nightmare for the Biden-Harriss White House,

you would be wrong because the Biden-Harriss

economic team insists that what they're doing is

working so they're going to keep doing it. But we could be on the brink of a recession.

Economist at Goldman Sachs think that's more likely than it was before raising the odds of that happening from 15% and worried about it but he didn't stop to talk. The Trump campaign says this

market meltdown we're seeing now could have been prevented but instead the

Biden Harris economic policies have caused it. Japanese stocks also

falling today with the Nikay Index having its worst day since 1987.

Hurricane Debbie making landfall this morning in Florida, it's now a tropical storm heading north.

Fox Weathers, Randy Campbell, has an update out of Georgia.

Now here in Savannah, Georgia, we have consistent rain and we're starting to see ponding

on the road and sidewalks along the Savannah River.

While some businesses here have been open, others have already placed sandbags in front of their

doors.

There's also a county-wide curfew here in Chantam County until 6 a.m. on Wednesday morning.

The forum also the cause we're learning for now at least four deaths.

Also, over 200,000 power outages between Florida and Georgia, and that number consistently rising.

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