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

Oil prices bounce after sinking to 6-month low on tariff-induced recession fears

Oil futures rose Tuesday, bouncing after ending the previous session at six-month lows amid a global selloff for equities and other assets perceived as risky.

MarketWatch - 2h

Live updates: Vance makes closing pitch on GOP spending bill; Trump ups tariffs on Canada

Republicans in Congress are racing to pass a GOP stopgap funding bill by 11:59 p.m. Friday to avert a government shutdown. Vice President Vance on Tuesday made his closing pitch for the ...

The Hill - 48m

Manchester United to build new 100,000-capacity stadium next to Old Trafford

Officials say plan will create 92,000 jobs and 17,000 homes Architect Norman Foster puts ‘vast umbrella’ over ground Manchester United have confirmed their intention to build a new ...

The Guardian - 6h

The US Postal Service helped build the Black middle class. Trump could end that legacy

Trump is expected to privatize the USPS, where Black people make up 29% of the staff, and cut down on the number of jobs. In recent weeks, the fate of the United States Postal Service (USPS) , a ...

The Guardian - 3h

Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over

Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.

CNBC - 4d

Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty

Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.

The New York Times - 3d

China returns fire in Trump’s trade war

Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still fun

Financial Times - 1d

Canada's next PM Mark Carney vows to win trade war with Trump

The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".

BBC News - 1d

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 - 1d

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 - 23h

Wall Street hopes dim that a ‘Trump put’ will prop up sliding markets

The US president’s tolerance for tariff-induced stock slides may be higher than anticipated, investors say

Financial Times - 12h

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 - 1h

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. - 1h

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 - 2h

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 - 3d

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 - 4d

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 - 3d

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 - 3d

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 - 2d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 government

ABC News - 1d

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 officials

ABC News - 17h

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 - 1h

The Assassination of Jeff German

A Las Vegas journalist is stabbed to death while investigating claims a boss was toxic. Did his reporting make him a target? "48 Hours" correspondent Peter Van Sant reports.

CBS News - 2d

Search continues for Pitt student who went missing in Dominican Republic

Authorities in the Dominican Republic are searching for a University of Pittsburgh student, 20-year-old Sudiksha Konanki, who went missing last week while on spring break. CBS News Pittsburgh ...

CBS News - 1d