Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms
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Trump halts plan for 50% steel and aluminium tariffs on Canada
It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.BBC News - 14h -
Trump backs down on 50% steel and aluminium tariffs on Canada
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effectFinancial Times - 15h -
Wall Street reacts to Trump's tariff flip-flopping with Canada
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.CBS News - 12h -
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 - 9h -
Sony and Nintendo play the long game over Trump tariffs
Despite the recent sell-off, the broader outlook for gaming remains strongFinancial Times - 9h -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 6h -
EU retaliates after Trump’s steel and aluminium tariffs take effect
Brussels says countermeasures will target up to €26bn of US goodsFinancial Times - 3h -
UK seeks ‘pragmatic’ deal with US to avoid future tariffs
Decision not to impose retaliatory levies signals break with EU approachFinancial Times - 3h -
Europe retaliates after Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 1h -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 3h -
UK seeks ‘pragmatic’ deal with US to avoid future tariffs
Decision not to impose retaliatory levies signals break with EU approachFinancial Times - 3h -
FirstFT: EU retaliates to US tariffs on steel and aluminium imports
Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bossesFinancial Times - 1h -
Judge denies Musk's request to block OpenAI for-profit conversion but welcomes trial
A federal judge has denied Elon Musk’s request for a court order blocking OpenAI from converting itself to a for-profit companyABC News - Mar. 5 -
Clearing the Way for Bicyclists, for a Healthier Planet
Jill Warren heads the European Cyclists’ Federation, a Brussels-based nongovernmental organization that advocates cycling to help lower carbon emissions.The New York Times - 6d -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - 5d -
‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’
The architects of projects like Próspera are drafting legislation to create US cities that would be free from federal regulations.Wired - 4d -
Columbia University loses $400mn in US government grants
Federal agencies say the ivy league institution failed to protect Jewish students from harassmentFinancial Times - 4d -
Judges and world leaders defy Trump as Congress sits on sidelines
Federal judges and foreign leaders are acting as the emergency brakes to Trump as he pushes to remake the world.NBC News - 3d -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - 2d -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - 2d -
Trump says arrest of Palestinian activist at Columbia first of "many to come"
President Trump warned that the arrest of prominent Palestinian activist Mahmoud Khalil by federal immigration authorities is the first "of many to come."CBS News - 1d -
Trump says arrest of Palestinian activist at Columbia first of "many to come"
President Trump warned that the arrest of prominent Palestinian activist Mahmoud Khalil by federal immigration authorities is the first "of many to come."CBS News - 1d -
Senate Republicans push Trump for debt ceiling plan
The Louisiana senator has been tapped to consult with the president on a strategy for avoiding a federal default.Politico - 1d -
3 warning signs about the future of government oversight
Taken together, these three elements will show the American public whether the Trump administration is serious about federal oversight.The Hill - 19h -
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 - 15h -
Judge to consider blocking mass firings of government employees after 20 states sue
A federal judge will consider issuing a temporary restraining order that would block future firings and reinstate probationary employees.ABC News - 11h -
Believe in Elon Musk’s $1 trillion ‘waste and fraud’ jackpot when you see it
Musk is right about one thing: Absolutely no reasonable person should support waste or fraud in the federal governmentMarketWatch - 30m -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for Federal Reserve to cut interest rates amid signs of slowing economic growthFinancial Times - 8m -
Purdue star Trey Kaufman-Renn alleges racist comments made by Illinois fans toward 13-year-old brother
Purdue is reportedly planning to file a report to the Big Ten over the incidentCBS Sports - 3d -
49ers cut DT Maliek Collins
The 49ers are releasing veteran defensive tackle Maliek Collins, according to multiple reports.Yahoo Sports - 2d -
Statement of Purdue Pharma to 60 Minutes
Purdue Pharma provided the following statement for 60 Minutes' report Sunday, "The Settlement."CBS News - 2d -
2025 NFL free agency: Patriots signing Carlton Davis to a three-year, $60 million deal
Davis' deal includes $34.5 million guaranteed, per reportCBS Sports - 1d -
Texans to sign special-teamer Tremon Smith to $7.5M deal
The deal is the richest in the NFL for a core special teamer, according to the report.Yahoo Sports - 1d -
Inflation cools in first full month of Trump term
Inflation report arrives as markets slide and recession fears grow.ABC News - 7m -
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - 3d -
Julia McNeil's family reflects on her historic role in WWII's Six Triple Eight
Julia McNeil was part of the Six Triple Eight, the first all-Black women's unit stationed in Europe during WWII. Decades later, her family reflects on her service, her legacy, and how the unit's ...CBS News - 1d -
Sea lions sickened as toxic algae threatens California’s marine mammals
Number of animals affected by neurological toxin increases in past week as experts warn of impact from climate crisis. The number of marine mammals in California affected by a neurological toxin ...The Guardian - 1d -
‘I don’t feel part of society’: how Covid is still taking its toll five years on
The social, educational and financial impact is still making itself felt, especially for those who continue to mourn. Five years ago, on 11 March 2020 the World Health Organization (WHO) declared ...The Guardian - 1d -
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 offseasonCBS Sports - 3d -
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 - 3d
