It's Tuesday, August 6th. Was this a bad day for the markets or something worse? We start here.

A global sell-off sparks fears of a recession.

What we saw on Monday is a free fall that started in Japan.

There are other factors at play here.

We'll walk you through it.

The damage done by Debbie is just beginning.

It's mostly Charleston and that South Carolina coast

that I'm really worried about.

Ginger Zee has been chasing the storm across the southeast,

which is now bracing for more floods.

And by the end of tonight, could the squad be down another member?

They've called her statements insensitive, incorrect,

and quote, fanning the flames of anti-Semitism.

Missouri Democrat Corey Bush faces one of the most expensive challenges of the year.

From ABC News, this is start here.

I'm Brad Milkie.

For the last several years, finance experts have expressed worry about a potential recession.

Remember what a recession is.

It's where economic activity slows down over months or even years, so that people can't afford

as much, they start buying less, businesses therefore take in less money,

so they lay off workers and then guess what?

More families can't afford as much, it becomes this vicious cycle.

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