Tariffs May Have Slammed Shut the Window for Interest Rate Cuts in 2025 Economist Says
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E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - Mar. 6 -
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 - 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 - 6d -
Risk of ‘Trumpcession’ rising, economists say, as global markets fall
Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors. Business live – latest updates The risk that the US economy will enter recession this year is rising, according ...The Guardian - 3d -
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 - 3d -
Suozzi slams Trump over Ukraine, says Putin shouldn't be awarded for 'awful things' Ukrainians have faced
Rep. Tom Suozzi (D-N.Y.) slammed President Trump over the war in Ukraine on Sunday, also saying that Russian President Vladimir Putin shouldn’t be awarded “for all the awful things that have ...The Hill - 4d -
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 - 3d -
Is it worth it to get a HELOC rate lock? What the experts say
A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.CBS News - 2d -
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 - 3d -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 1d -
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say
In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.NBC News - 4d -
Inflation and Gas Prices Just Hit 4-Year Lows. The Fed Won’t Care
Policymakers won’t cut interest rates in March, but pressure is mounting.Inc. - 1d -
If Medicaid cuts include work requirements, people may lose health coverage as a result, research finds
Congress may have to implement Medicaid cuts to reach its budget targets. That could include new work requirements in order to obtain coverage.CNBC - 4d -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - 4d -
More NOAA Employees May Be Let Go, Making 20% of Staff Cut
Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.The New York Times - 3d -
Some CT scans may have too much radiation, researchers say
Unnecessarily high radiation doses in CT scans have been linked to cancers. Under new federal rules, doctors and imaging centers have to more closely track and report the doses that patients get.NBC News - 6d -
Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - 2d -
Manchester United chief executive Omar Berrada makes vow over summer transfer window
The club’s finances have been in the spotlight after co-owner Jim Ratcliffe claimed they would be ‘bust at Christmas’ if not for cuts and redundanciesYahoo Sports - 2h -
This step is ‘really important’ if you plan to sell your home in 2025, economist says
Selling your house takes more than just putting up a “for sale” sign. Getting the right asking price is a really important step, experts say.CNBC - 1d -
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 - 6d -
Israel says it will cut off electricity to Gaza Strip
Israel said Sunday that it would be cutting off its electricity supply to Gaza. Israeli Energy Minister Eli Cohen said he signed an order that would shut off electricity to Gaza “immediately.” ...The Hill - 4d -
3 tips for getting the best HELOC rate this March
HELOC interest rates are on a steep decline. Here are three ways to get a great rate right now.CBS News - 19h -
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 - 1d -
Should you open a home equity loan before the March Fed meeting?
With the Fed set to meet soon to determine interest rate policy, homeowners may be thinking of taking action now.CBS News - 3d -
Cook Political Report rates Shaheen's open seat as 'lean Democrat'
The nonpartisan Cook Political Report rated New Hampshire Sen. Jeanne Shaheen’s (D) Senate seat as “lean Democrat” following the senator’s announcement she would not seek reelection in 2026. While ...The Hill - 1d -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - 1d -
Tariffs could make some popular side hustles and small businesses harder to run: 'The expenses have already started,' CEO says
The Trump administration's China tariffs could have an unintended consequence, some CEOs say: a higher barrier to entry for American entrepreneurs.CNBC - 3d -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - 4d -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - 1d -
Why Kohl’s worst stock drop on record may have been excessive
New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm Jefferies.MarketWatch - 1d -
Education Dept. slashes workforce; new tariffs roil US markets
President Donald Trump is planning to cut nearly 1,300 Department of Education employees, about half of its total staff, with an ultimate goal of shutting down the agency completely. It comes as ...NBC News - 1d -
Keir Starmer’s poll ratings leap after Trump withdraws support for Ukraine
Around 30% of voters say they prefer Labour for dealing with ‘allies against threats to the UK’ in boost to party leader. Keir Starmer’s approval ratings have shot up since Donald Trump returned to ...The Guardian - 5d -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.NBC News - 1d -
Project 2025: You can’t say Trump didn’t warn us
Project 2025, a 922-page blueprint for a second Trump administration prepared by the Heritage Foundation, has been implemented by Trump's administration, including firing 30,000 federal employees, ...The Hill - 2d -
HELOC rates continue to fall: Here's how much cheaper it is than the alternatives
HELOC interest rates dropped again this week, emphasizing the cost-effectiveness of this product over alternatives.CBS News - 13h -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 1d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 2d -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.CNBC - 1d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 17h -
Starmer says 'all options on table' on US tariffs
Canada and the EU have announced retaliatory tariffs but UK will take a "pragmatic" approach, the prime minister said.BBC News - 1d