Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms
Sort by
Date
-
How immigration and tariffs are impacting the cost of milk
A new CBS Reports documentary, "The Price of Milk," explores how immigration and tariffs impact dairy prices in the United States. The film takes a behind-the-scenes look at the legal and ...CBS News - 5h -
What does the first job report under Trump mean for the economy?
A new jobs report released Friday shows 151,000 new jobs were added last month short of the 170,000 jobs expected. The early data does not yet take into account the mass layoffs across the federal ...NBC News - 2d -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - 1h -
Fired Federal Workers Face a Sluggish Job Market
Unemployment is low, but there isn’t much room to move around — especially for those with highly government-specific skills.The New York Times - 17h -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.CNBC - 4h -
It’s getting ‘uncomfortably difficult’ to find a job. Here are the bright spots in this labor market.
Why the latest report is giving job hunters the jitters: longer stretches of unemployment and more part-time work.MarketWatch - 2d -
Jobs lost and lifesaving cures not discovered: Possible impacts of research cuts
Ripple effects of the Trump administration's crackdown on U.S. medical research promise to reach every corner of AmericaABC News - 4d -
Trump’s Cuts to Federal Work Force Push Out Young Employees
The loss of early career workers has raised concerns about the impact on the next generation of civil servants.The New York Times - 4d -
VA secretary: Cutting 80,000 jobs ‘is our target’
Veterans Affairs Secretary Doug Collins said his agency is looking to cut 80,000 jobs as their “target” to slim the agency’s workforce. Collins joined Fox & Friends on Monday, where he was pressed ...The Hill - 3h -
Apple’s stock may see its worst day since 2022. Here are 2 major worries.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - 2h -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.NBC News - 2h -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.The New York Times - 3d -
Canadians believe that Mark Carney is the man to stand up to Donald Trump | Colin Horgan
The newly appointed Liberal leader is likely to call a federal election to bolster his mandate, but Canadians seem to see him as the best bet to counter US tariffs. When Mark Carney took the job as ...The Guardian - 10h -
Trudeau steps down as tariff dispute continues
Canadian Prime Minister Justin Trudeau stepped down Sunday. Meanwhile, the back-and-forth over tariffs continued. Ed O'Keefe reports.CBS News - 20h -
Inflation and tariffs might scare shoppers. Have they scared CEOs?
Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.MarketWatch - 1d -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - 1d -
Trump defends Elon Musk, DOGE cuts to federal workforce
President Trump defended Elon Musk and DOGE over the weekend after reported rifts between Musk and Cabinet members. CBS News White House reporter Olivia Rinaldi has more.CBS News - 4h -
Trump continues tariff tumult amid economic uncertainty
President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...NBC News - 2d -
Trump denies reports of infighting between Cabinet, Elon Musk
President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.CBS News - 2d -
Starting the day with a healthy breakfast is becoming a pricey luxury
The rise in costs comes as consumers signal that they are increasingly tapped out and worried about the impact of potential tariffs on the economy.CNBC - 2d -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 2d -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - 1h -
Morning Report — This week: Funding suspense, tariff two-step, DOGE bites
In today’s issue: Speaker Mike Johnson (R-La.) says he has the votes to dodge a possible government shutdown by next weekend. A floor vote could happen Tuesday under his plan, which envisions ...The Hill - 10h -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 1d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 3d -
Trump 2nd term live updates: Trump declines to rule out recession, defends tariffs
President Donald Trump spoke with reporters on Air Force One, where he defended tariffs, saying they will be the "greatest thing we've ever done as a country."ABC News - 31m -
Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Thousands of protesters gathered in Washington for Stand Up for Science, a rally in response to President Trump’s federal-funding and job cuts.The New York Times - 1d -
Fired Federal Workers See Family Members Pile on After the DOGE Axe Falls
The abrupt loss of their livelihoods was tough enough. Now many laid-off government workers report their relatives and friends are celebrating their turmoil.Inc. - 3d -
Sugarbush Reporter Was Not Fired for Viral JD Vance-Related Snow Update
A snow conditions update at Sugarbush featured an employee’s thoughts on the Trump administration before a visit from JD Vance. The posts were deleted, but she kept her job.The New York Times - 5d -
Dow plunges 890 points as recession fears, tariffs scare Wall Street
The stock market kicked off the week with steep losses Monday amid growing concern about the state of the U.S. economy and the impact of President Trump's trade policy. The Dow Jones Industrial ...The Hill - 33m -
Facing the Looming Threat of A.I., Publishers Turn to Decentralized Platforms
Facing the looming threat of A.I. as a competitor, some publishers are considering an alternative to the internet’s all-powerful algorithms.The New York Times - 3d -
Best Employers: UK
In this report, we highlight the FT’s ranking of the 500 best employers in the UK. Plus: employers rethink what makes a workplace desirable; healthcare pay lags behind worker commitment; ...Financial Times - 16h -
How can daylight saving time impact your health?
Changing the clocks can, of course, impact your sleep. But that can lead to more problems, experts warn.The Hill - 2d -
Trump’s Policies Have Shaken a Once-Solid Economic Outlook
Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.The New York Times - 14h -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - 16h -
Here’s where the jobs are for February 2025 – in one chart
February marked another strong month for health care despite job growth overall coming in weaker than expected but stable.CNBC - 3d -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - 1d -
FDA Nominee Marty Makary to Face Grilling Over Cutbacks and Policy Shifts
Dr. Marty Makary will testify before the Senate health committee on Thursday. Lawmakers may press him over staff reductions and changes in agency direction on issues like vaccines.The New York Times - 4d -
George offered Bowling Green job, sources say
Tennessee State's Eddie George, who was one of three finalists interviewed Friday, has been offered the head coaching job at Bowling Green, sources told ESPN.ESPN - 1d -
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.CNBC - 5h