Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms
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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 - 15h -
Trump’s tariffs won’t solve the opioid crisis, but a deal with China might
They provide leverage that Trump should use to strike a deal with China to more comprehensively regulate its pharmaceutical and chemical industries.The Hill - 12h -
Europe, Canada retaliate as 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 - 10h -
Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 12h -
EU and Canada retaliate after Trump’s metals tariffs take effect
Brussels and Ottawa hit tens of billions of dollars' worth of US imports with leviesFinancial Times - 9h -
Corporate Gloom Deepens as New Trump Tariffs Take Effect
Businesses need stability and clarity and instead they are getting calamity from Washington.Inc. - 10h -
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 - 12h -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 7h -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 5h -
Trump downplays recession fears as Canada hits U.S. with retaliatory tariffs
NBC News Correspondents Aaron Gilchrist, Gabe Gutierrez and Brian Cheung and Elise Labott of the Council of Foreign Relations join Meet the Press NOW to discuss the escalating trade war between the ...NBC News - 5h -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 5h -
Firing the Watchdogs | Sunday on 60 Minutes
Hampton Dellinger, former head of a federal watchdog agency, was among the first to be fired by President Trump. So were 18 inspectors general and the chief of the board that protects federal ...CBS News - 4d -
Democrats unveil bill to reinstate veterans fired in Trump workforce cuts
Democrats are proposing a measure to reinstate veterans who were recently fired from the federal government without cause, which has affected an estimated 6,000 veterans who make up about 30 ...The Hill - 2d -
Democrats reintroduce CROWN Act to ban hair discrimination
Democrats have reintroduced federal legislation to ban hair discrimination. Rep. Bonnie Watson Coleman (D-N.J.) reintroduced the Creating a Respectful and Open World for Natural Hair Act, or CROWN ...The Hill - 1d -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 5d -
The America-First President Doesn’t Care About a Last-Place Stock Market
Wall Street is mixed on whether to buy the dip through tariff uncertainty.Inc. - 11h -
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 - 6d -
‘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 - 5d -
Columbia University loses $400mn in US government grants
Federal agencies say the ivy league institution failed to protect Jewish students from harassmentFinancial Times - 5d -
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 - 3d -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 13h -
Judge hears arguments on if Mahmoud Khalil should remain detained in Louisiana
A federal judge will weigh the challenge to the arrest and detention of Columbia University graduate Mahmoud Khalil, who is a green card holder.NBC News - 11h -
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 -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - 6h -
Pentagon 'cherry picked' studies to support transgender ban, judge says
A judge on Wednesday signaled that she was deeply skeptical that the Pentagon's handling of transgender service members complies with federal law.ABC News - 3h -
US regulator backtracks on request to delay Amazon Prime trial
Federal Trade Commission lawyer had initially cited ‘extremely severe’ resource shortfall before changing tackFinancial Times - 3h -
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 - 4d -
49ers cut DT Maliek Collins
The 49ers are releasing veteran defensive tackle Maliek Collins, according to multiple reports.Yahoo Sports - 3d -
Statement of Purdue Pharma to 60 Minutes
Purdue Pharma provided the following statement for 60 Minutes' report Sunday, "The Settlement."CBS News - 3d -
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 - 2d -
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 -
Egg prices soar as inflation cools in first full month of Trump term
Inflation report arrives as markets slide and recession fears grow.ABC News - 10h -
Nate Hobbs's new four-year contract is really a one-year deal, with three one-year options
The free-agency period entails a storm of reports regarding new contracts, with all of them painted in the light most favorable to the sources for those reports — the players' agents.Yahoo Sports - 1h