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Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms

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  • Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet

    Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.
    CNBC - Mar. 10
  • Ontario says it will slap a 25% surcharge on US-bound electricity

    Ontario says it will slap a 25% surcharge on US-bound electricity

    The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.
    BBC News - Mar. 10

  • We're booking profits in a rallying rotation play and using the cash to buy 2 others on the dip

    We're putting more cash to work following the sharp market declines over tariff uncertainty.
    CNBC - Mar. 11

  • Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

    Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.
    CNBC - Mar. 11
  • Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War

    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. - Mar. 11

  • Wall Street loses hope in a ‘Trump put’ for markets

    US president’s tolerance for tariff-induced stock falls may be higher than anticipated, say investors
    Financial Times - Mar. 11

  • 'Volatility is part of the game': What financial advisors are telling investors about market turmoil

    The Dow continued to fall on Tuesday after Trump announced higher tariffs. Here's what advisors are telling their clients.
    CNBC - Mar. 11

  • Mar 11: CBS News 24/7, 1pm ET

    China and Canada impose retaliatory tariffs on U.S. goods; Transgender Army major sees support from peers.
    CBS News - Mar. 11
  • The U.S. Agreed to Resume Military Aid to Ukraine

    The U.S. Agreed to Resume Military Aid to Ukraine

    Also, Trump walked back a plan to double metal tariffs on Canada. Here’s the latest at the end of Tuesday.
    The New York Times - Mar. 11

  • Ontario's Ford suspends U.S. electric surcharge after Lutnick agrees to trade talks

    President Donald Trump has said he will impose a 25% tariff on goods imported from Canada beginning April 2.
    CNBC - Mar. 11

  • Lutnick says Trump's policies are "worth it" even if they lead to recession

    The president's tariff announcements have rocked the stock markets and fueled concerns of an economic downturn.
    CBS News - 6d

  • Goldman Sachs flinches and lowers its S&P 500 target. The mechanics are the interesting part.

    It’s been tough for Wall Street strategists to hold their nerve in the face of the ever-changing tariff policy.
    MarketWatch - 6d
  • Is the US really heading into a recession?

    Is the US really heading into a recession?

    Stock market falls, tariffs and other changes are reigniting fear of economic downturn in the US.
    BBC News - 6d

  • Canada cuts rates as trade war shakes consumer and business confidence

    Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effect
    Financial Times - 6d
  • Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies

    Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies

    Comments from Wall Street bosses come as president’s import tariffs fuel US recession fears
    Financial Times - 6d
  • Carney ready to talk trade with Trump if 'there's respect for Canada's sovereignty'

    Carney ready to talk trade with Trump if 'there's respect for Canada's sovereignty'

    Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.
    BBC News - 6d

  • China steels itself for Trump turmoil with ‘DeepSeek congress’

    Annual session of rubber stamp parliament highlights Beijing’s shifting priorities amid AI breakthroughs and US tariffs
    Financial Times - 5d
  • The Papers: 'Benefits turmoil' and 'deal or no steel'

    The Papers: 'Benefits turmoil' and 'deal or no steel'

    A backlash over proposed reform to the welfare system leads many papers, as does news of Trump's tariffs beginning.
    BBC News - 5d
  • How Trump Is Helping Liberals Abroad

    How Trump Is Helping Liberals Abroad

    Voters are rallying behind some leaders who oppose President Trump’s tariffs, threats and insults. There’s a theory that explains why.
    The New York Times - 5d

  • Jim Cramer's top 10 things to watch in the stock market Thursday

    U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.
    CNBC - 5d

  • Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better

    Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said CEO Todd Vasos.
    CNBC - 5d
  • ‘We Hear You, Mr. President’: The World Lines Up to Buy American Gas

    ‘We Hear You, Mr. President’: The World Lines Up to Buy American Gas

    Facing Trump tariff threats, governments and companies are proposing major investments in American liquefied natural gas projects.
    The New York Times - 5d

  • Trump’s son talks golf not politics in meeting with Scotland’s first minister

    John Swinney discusses investment with Eric Trump as tariff war intensifies and activists target Turnberry
    Financial Times - 5d

  • From London to New York via Switzerland: the booming trade in gold bars

    Fears that Donald Trump could impose tariffs on gold imports have upended the market
    Financial Times - 4d

  • FirstFT: Vladimir Putin pushes maximalist demands in Ukraine talks

    Also in today’s newsletter, Tesla warns of exposure to retaliatory tariffs and DeepSeek focuses on research
    Financial Times - 4d

  • 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 - 4d
  • U.S. Consumer Sentiment Drops as Inflation Anxiety Soars

    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 - 4d

  • China courts global CEOs for Xi meeting

    Planned contact comes as Beijing seeks support of international business and fends off Trump’s tariffs
    Financial Times - 4d

  • 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 - 4d

  • 3/13: CBS Evening News

    U.S. business owners respond to tariff war; Norway ski jumping cheating scandal grows
    CBS News - 3d
  • US shoppers cut spending as economic outlook concerns mount

    US shoppers cut spending as economic outlook concerns mount

    Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economy
    Financial Times - 2d
  • An Uncertain Economic Moment Poses a Big Test for the Fed

    An Uncertain Economic Moment Poses a Big Test for the Fed

    The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.
    The New York Times - 1d

  • Mexico’s Sheinbaum is riding high on Trump’s trade war

    Leftist president’s approval moves above 80% in swirl of nationalism as she grapples with US tariff threats
    Financial Times - 11h
  • Investors slash US equity holdings by most ever, BofA survey shows

    Investors slash US equity holdings by most ever, BofA survey shows

    Threat to global growth from Trump’s trade tariffs sparks ‘bull crash’ in fund manager sentiment
    Financial Times - 9h

  • How close are we to a recession and how will we know when we get there?

    Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.
    CBS News - 22m
  • 2025 NFL free agency: Chiefs re-signing Marquise 'Hollywood' Brown on one-year, $11M deal, per report

    2025 NFL free agency: Chiefs re-signing Marquise 'Hollywood' Brown on one-year, $11M deal, per report

    Brown signed a one-year deal with K.C. last offseason
    CBS Sports - Mar. 8
  • Bills sign DE Greg Rousseau to four-year extension worth reported $80M with $54M guaranteed

    Bills sign DE Greg Rousseau to four-year extension worth reported $80M with $54M guaranteed

    Rousseau, who is now with the Bills through the 2029 season, 'couldn't be any happier'
    CBS Sports - Mar. 8
  • Texas measles outbreak grows to nearly 200 cases; neighboring state reports dozens of illnesses

    Texas measles outbreak grows to nearly 200 cases; neighboring state reports dozens of illnesses

    Officials in Texas said most of the state's cases were among patients who were not vaccinated.
    The Hill - Mar. 8
  • Saints, Derek Carr alter contract, signaling QB will remain in New Orleans in 2025, per report

    Saints, Derek Carr alter contract, signaling QB will remain in New Orleans in 2025, per report

    Carr, who will get all his $40M owed in 2025, is reportedly converting most of his salary into a signing bonus
    CBS Sports - Mar. 8
  • Knicks plan to sign veteran forward P.J. Tucker to 10-day contract, per report

    Knicks plan to sign veteran forward P.J. Tucker to 10-day contract, per report

    Tucker has not appeared in a game this season
    CBS Sports - Mar. 9
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