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 - 5d -
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 - 5d -
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 - 4d -
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 - 4d -
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. - 4d -
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 investorsFinancial Times - 4d -
'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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 3d -
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 - 3d -
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 effectFinancial Times - 3d -
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 fearsFinancial Times - 3d -
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 - 3d -
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 tariffsFinancial Times - 3d -
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 - 3d -
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 - 2d -
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 - 2d -
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 - 2d -
‘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 - 2d -
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 TurnberryFinancial Times - 2d -
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 marketFinancial Times - 2d -
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 researchFinancial Times - 2d -
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 - 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 -
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 -
3/13: CBS Evening News
U.S. business owners respond to tariff war; Norway ski jumping cheating scandal growsCBS News - 21h -
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 - 6d -
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 - 5d -
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 - 5d -
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 - 5d