Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms
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From fashion to alcohol, these sectors are being swept up in the U.S.-EU trade war
The EU's tariffs will push up costs for a "raft of manufacturers, not least automakers and food producers."CNBC - 2d -
‘We’re ground zero’: Canada steel town is frontline of Trump’s tariff trade war
Mayor of city ‘with steel in its veins’ says ‘There’s a lot of tension … a lot of worry’ as 25% export levy kicks in. The sprawling ArcelorMittal Dofasco steel plant in Hamilton, Ontario has in ...The Guardian - 2d -
Tesla warns that Trump's trade war could hurt U.S. automakers
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.CBS News - 1d -
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.The New York Times - 1d -
China courts global CEOs for Xi meeting
Planned contact comes as Beijing seeks support of international business and fends off Trump’s tariffsFinancial Times - 1d -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - 1d -
Gold surges above $3,000 for the first time as investors seek a haven from Trump tariffs
Some 52% of global fund managers told Bank of America in a survey that they view gold as "the best hedge against a full-blown trade war."CNBC - 1d -
3/13: CBS Evening News
U.S. business owners respond to tariff war; Norway ski jumping cheating scandal growsCBS News - 1d -
Wall Street begins to cut S&P 500 targets as tariff worries rock the stock market. Should investors be concerned?
Only a few months into 2025, the sharp decline of the U.S. stock market has prompted some of Wall Street’s top forecasters to scale back their bullish predictions for the S&P 500.MarketWatch - 1d -
Apple now faces a problem far bigger than tariffs or weak iPhone sales
A prominent Apple blogger says the company “squandered” its credibility by advertising Siri features as an iPhone 16 selling point — when they were nowhere near ready to use.MarketWatch - 23h -
Sunday shows preview: Congress avoids government shutdown; Trump tariffs rattle economy
Republicans scored a major win on Friday as the Senate approved the House-GOP crafted spending bill, largely authored without input from Democrats. The new piece of legislation boosts defense ...The Hill - 13h -
Court recommends charges against NYC Mayor Adams dropped
A court-appointed lawyer has advised a federal judge that corruption charges against New York City Mayor Eric Adams should be dropped. Meantime, sources tell NBC News two federal prosecutors in ...NBC News - Mar. 8 -
Paramount says Trump's CBS '60 Minutes' lawsuit seeks to 'punish' network
Paramount on Thursday asked a federal judge in Texas to dismiss the $20-billion lawsuit. The media company separately has agreed to have a mediator look at the case.Los Angeles Times - Mar. 6 -
DOGE's secrecy to be tested in court with sworn testimony, depositions
Over the next week, several judges have ordered top Trump administration officials to testify about efforts to reduce the size of the federal government.ABC News - Mar. 7 -
Unions ask court to stop DOGE from accessing Social Security data of millions of Americans
A group of labor unions asked a federal court for an emergency order to stop DOGE from accessing sensitive Social Security data.NBC News - Mar. 8 -
State Republicans Eager to Climb on Cost-Cutting Bandwagon
G.O.P. governors and legislators are parroting the federal Department of Government Efficiency by creating panels at the state level. But the similarities only go so far.The New York Times - Mar. 9 -
ICE arrests Palestinian activist who helped lead Columbia University protests, lawyer says
Federal immigration authorities arrested a Palestinian graduate student who played a prominent role in protests against Israel at Columbia University, according to his attorney.NBC News - 6d -
Watchdogs fired by Trump raise alarms over future of independent oversight
President Trump has fired several independent government watchdogs. They're now sharing warnings about what it could mean for federal oversight.CBS News - 6d -
Mark Carney to Be the Next Prime Minister of Canada
The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.The New York Times - 6d -
Los Angeles Wildfires Leave Residents Worried About Contaminated Soil
Federal agencies are removing topsoil from burned areas but will not test it for contaminants. So scientists and residents are testing fire-affected properties themselves.The New York Times - 6d -
Democrats introduce bill forcing Trump administration to rehire fired veterans
Democrats want to force President Donald Trump's administration to rehire veterans who were laid off amid efforts to reshape the federal government and its workforce.ABC News - 6d -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - 5d -
Young people who aspired to government service dismayed by end of fellows program
Young people who aspired to federal government service are dismayed by President Donald Trump ending a program created to entice highly qualified workers to join the governmentABC News - 5d -
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 - 5d -
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.ABC News - 4d -
FAA extends bar on U.S. flights to Port-au-Prince through Sept. 8
The Federal Aviation Administration said on Tuesday it was extending prohibitions barring U.S. flights to the Haitian capital, Port-au-Prince, through Sept.NBC News - 4d -
Judges raise concerns about threats to independence amid GOP criticism
Elon Musk has accused some federal judges of being "evil" and said they should be fired after issuing preliminary decisions against the Trump administration.CBS News - 4d -
Woman on Texas death row for 27 years has conviction tossed
A federal appeals court tossed Brittany Holberg's death sentence after it found that prosecutors failed to reveal that their primary trial witness was a paid informant.CBS News - 3d -
Man charged after allegedly attacking flight attendant, swallowing rosary beads
A passenger is facing federal charges after allegedly attacking a flight attendant and swallowing rosary beads while onboard a regional flight to Miami.NBC News - 3d -
6 in 10 say Musk lacks experience, judgment to change government: Survey
Elon Musk, a key political ally of President Trump, is viewed negatively by most Americans and they question his qualifications to overhaul the federal government, according to a new poll.The Hill - 3d -
Democrats Demand Answers on DOGE’s Use of AI
Members of the House Oversight Committee sent dozens of requests to federal agencies on Wednesday about their use of AI software—and how Elon Musk could benefit.Wired - 3d -
Trump set to nominate Michelle Bowman as Fed’s top bank supervisor
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.MarketWatch - 3d -
EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - 3d -
Judge blocks 'unlawful' Trump order targeting Clinton 2016 law firm
A federal judge entered an emergency order barring the Trump administration from implementing parts of its executive order targeting the law firm Perkins Coie.ABC News - 3d -
Top DOJ nominee has social media trail suggesting fringe views on range of issues
Aaron Reitz, currently Sen. Ted Cruz's chief of staff, has been nominated to lead the office that helps choose and vet federal judges.CBS News - 3d -
FTC seeks delay in Amazon trial, citing recent cuts in staff, budget
Lawyer for the Federal Trade Commission says agency needs to seek trial delay in case against Amazon due to staffing and budgetary challenges.CBS News - 2d -
Democratic-led states sue over dismantling of Education Department
The suit from 20 states and the District of Columbia comes two days after the federal agency fired more than 1,300 employees.CBS News - 2d -
Trump Administration Must Rehire Thousands of Fired Workers, Judges Rule
A federal judge called the administration’s justification for the firings of workers with probationary status a “sham.” Another ruling barred the administration from carrying out future mass ...The New York Times - 2d -
Dr. Mehmet Oz testifies about his past health advocacy at Senate confirmation hearing
He is expected to face questions about potential cuts to Medicaid amid GOP efforts to slash the size of the federal government and his advocacy for privatizing Medicare.NBC News - 2d -
Treasury yields end higher Friday, but finish week largely unchanged ahead of Fed meeting
Bond yields ended higher Friday, but were nearly unchanged for the week, as traders awaited next week’s Federal Reserve policy meeting.MarketWatch - 1d