Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms
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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 - Mar. 8 -
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 - Mar. 10 -
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 - Mar. 11 -
Trump administration outlines 'next steps' toward restoring Columbia grants
The Trump administration sent a letter to Columbia University outlining “next steps” the institution must take to restore some of its federal funding. The administration earlier this month cut ...The Hill - 5d -
Schumer surrenders, but so do Senate Republicans
Congress has surrendered its power to declare war and control federal spending to the executive branch, giving President Trump and Elon Musk blanket authority over all federal spending.The Hill - 1d -
Trump fires FTC’s only two Democrats: ‘The President just illegally fired me’
Fired members of Federal Trade Commission confirmed to be Alvaro Bedoya and Rebecca Kelly Slaughter. Donald Trump has fired the two Democratic commissioners on the US Federal Trade Commission ...The Guardian - 1d -
Judge orders Trump administration to return two trans prisoners to women’s facilities
Federal Bureau of Prisons told to transfer women back and provide hormone therapy treatment for gender dysphoria. A judge on Wednesday ordered the federal Bureau of Prisons (BoP) to transfer two ...The Guardian - 2h -
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 - Mar. 7 -
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 - Mar. 7 -
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 funFinancial Times - Mar. 9 -
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 - Mar. 10 -
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 - Mar. 10 -
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 - Mar. 10 -
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 - Mar. 11 -
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 - Mar. 11 -
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. - Mar. 11 -
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 - Mar. 11 -
'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 - Mar. 11 -
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 - Mar. 11 -
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 - Mar. 11 -
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 - Mar. 11 -
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 - Mar. 12 -
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 - Mar. 12 -
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 - Mar. 12 -
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 - Mar. 12 -
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 - Mar. 12 -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
‘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 - 6d -
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 - 6d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
China courts global CEOs for Xi meeting
Planned contact comes as Beijing seeks support of international business and fends off Trump’s tariffsFinancial Times - 5d -
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 - 5d -
3/13: CBS Evening News
U.S. business owners respond to tariff war; Norway ski jumping cheating scandal growsCBS News - 4d