Economists Trim Fed Rate Cut Estimates on Fear of Trump Inflation Surge
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Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 18h -
Recession fears escalate across U.S.
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 ...CBS News - 1d -
‘Gut punch’: Democrats decry Trump's plan to cut 80,000 at Veterans Affairs
Democrat lawmakers and veterans' groups are fuming over the Department of Veterans Affairs' (VA) plans to cut roughly 80,000 employees in the coming months, decrying the lack of transparency and ...The Hill - 2d -
CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
Aiming to boost the economy, U.S. President Donald Trump is firing off a salvo of policies and causing collateral damage within the country’s own borders.CNBC - 1d -
President Trump's address to Congress draws 36.6 million viewers, down from first term
Trump gave the longest address to Congress in history. His past speeches got better ratings.Los Angeles Times - 6d -
Trump, Texas GOP's deregulation push sparks hope and fear in the oil field
This story was produced in partnership with the Pulitzer Center. It is part two in a four-part series. Read part one here. President Trump and Texas lawmakers are pushing to loosen the laws and ...The Hill - 1d -
White House says Trump won't cut Social Security, Medicare after Musk remarks
The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk's comments about the need to examine entitlement spending gained ...The Hill - 16h -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - 2d -
NPS leaders plan 30 percent payroll cuts
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment First in The Hill NPS leaders plan 30 percent payroll cuts The Trump administration is eyeing major payroll ...The Hill - 1d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - 3d -
Malnutrition food product sees funding affected by USAID cuts
Plumpynut is a life-saving food product that can bring a malnourished child back to health in just weeks. But the Trump administration's cuts to USAID essentially canceled funding to two American ...CBS News - 3d -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - 1d -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - 10h -
Iraq fears power cuts as US ends sanctions waiver for electricity purchases from Iran
The United States has declined to renew a waiver that had allowed Iraq to buy electricity from Iran without running afoul of sanctions, the U.S. Embassy in Baghdad said SundayABC News - 2d -
Here’s how ‘DOGE’ cuts, safety fears and a slowing economy are combining to hurt airlines
American Airlines now sees a much bigger Q1 loss, and Southwest said less government travel hurt revenue.MarketWatch - 16h -
The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - 1d -
How a Classic French Dish Is Squeezed by Lingering Inflation
Businesses across Europe, including restaurants in Paris that make the dish, are being squeezed by sticky inflation.The New York Times - 2d -
Trump’s Attacks Give Zelensky a Popularity Boost in Ukraine
The Ukrainian leader’s approval rating is rising, and critics have backed off after he was humiliated and criticized by President Trump, who has also demanded new elections in Ukraine.The New York Times - 1d -
Trump’s cuts to higher education are sacrificing America’s future
American colleges and universities will lose their global preeminence, innovation will suffer, future scientists, doctors, artists and philosophers will not get trained and potentially ...The Hill - 2d -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 15h -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 18h -
Trump’s 25% steel and aluminium tariffs take effect despite recession fears
Levies also set to apply to most derivative products such as tennis rackets and air conditioning unitsFinancial Times - 3h -
Trump administration briefing: US backs Russia ahead of G7, Republican spending bill boosts defense
US has reportedly rejected Canadian proposal to tackle Russian ‘shadow fleet’, Republican bill trims everything aside from defense – key US politics stories from Saturday at a glance. The US has ...The Guardian - 3d -
Out of the lab and into the streets, researchers and doctors rally for science against Trump cuts
Researchers, doctors, their patients and supporters are venturing out of labs, hospitals and offices across the country to stand up to what they call an attack on life-saving science by the Trump ...ABC News - 4d -
Trump defends Elon Musk, DOGE cuts to federal workforce
President Trump defended Elon Musk and DOGE over the weekend after reported rifts between Musk and Cabinet members. CBS News White House reporter Olivia Rinaldi has more.CBS News - 1d -
Trump proposes cutting ACA enrollment period, ending 'Dreamer' coverage
The Trump administration is proposing to shorten ObamaCare's annual open enrollment period by a month, a move the administration said is aimed at helping consumers pick the right plan. According to ...The Hill - 1d -
Trump administration cancels disaster training for meteorologists amid staffing, travel cuts
The Trump administration has canceled a training that prepares meteorologists to forecast during disasters, The Hill has learned. The incident meteorologist training for the National Weather ...The Hill - 11h -
Universities impose hiring freezes in face of uncertainty over federal funding
At least two Ivy League universities abruptly stopped hiring faculty Monday, partly prompted by fear that federal grant funding will be cut.NBC News - 1d -
3/9: CBS Weekend News
Trump doesn't rule out recession, rising inflation; Vineyard owner has winery dog clonedCBS News - 1d -
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears
The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.MarketWatch - 9h -
Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."CNBC - 14h -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 2d -
Key inflation data set to be released tomorrow. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.CBS News - 10h -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 1d -
Is it worth it to get a HELOC rate lock? What the experts say
A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.CBS News - 16h -
Trump administration halts funding for two cybersecurity efforts
The Trump administration has cut millions of dollars in federal funding from two cybersecurity initiatives, including one dedicated to helping state and local election officialsABC News - 1d -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
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 ...CBS News - 1d -
Disruption in the classroom: Trump faces battle to scrap education department
Teachers and parent groups fear president’s plan would increase inequality between rich and poor studentsFinancial Times - 1d -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 18h -
Evening Report — Shutdown drama unfolds amid recession fears
Presented by National Council on Aging — Congress is rushing to pass a continuing resolution to avoid a government shutdown. {beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash Government ...The Hill - 1d