Trumps Tariff Plan Is Looking Potentially Disastrous for Inflation
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S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares
The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares.NBC News - 3d -
See How Elon Musk’s Team Inflated, Deleted and Rewrote Its Savings Claims
The cost-cutting group removed hundreds of contracts from its “wall of receipts,” added back many of them, and inflated savings values.The New York Times - 2d -
As consumers fret, executives have been talking a little less about inflation — and more about this
Despite consumer sentiment hitting a 29-month low by one measure, executives have focused less on inflation — and more on AI — during their quarterly earnings calls.MarketWatch - 4h -
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 -
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 - 6d -
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 - 6d -
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. - 5d -
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 - 4d -
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 - 3d -
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 - 1d -
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 - Mar. 9 -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 4d -
Live updates: Trump meets with NATO leader; judge blasts effort to fire federal workers
The Senate must pass a short-term funding bill before the government shutdown, while the White House has pulled its nominee for the CDC and President Trump has threatened Europe with more tariffs ...The Hill - 2d -
Military planning for Ukraine peace to begin, says PM
Military chiefs will meet on Thursday to discuss practical plans to ensure Ukraine's security.BBC News - 1d -
Keir Starmer plans to reshape the Britain's ‘flabby’ state. But don’t compare him to Elon Musk
Britain's Prime Minister Keir Starmer has won praise for his efforts to marshal international support for Ukraine as President Donald Trump’s economic and foreign policies roil the worldABC News - 3d -
US nuclear weapons in Poland would be deterrent for Russia, Polish president tells BBC
Andrzej Duda tells the BBC's Jeremy Bowen he is confident Donald Trump has a plan to handle Russia.BBC News - 2d -
Trade wars hit an American favorite and a baby theft sparks outrage: The news quiz
Trump’s trade war heated up, NASA astronauts faced another setback, and a soccer team revealed its ambitious plans.NBC News - 1d -
Marco Rubio: one-time Russia hawk makes stunning U-turn under Trump
The secretary of state was once a prominent Ukraine supporter and called Putin a ‘war criminal’ – not any more. Marco Rubio , the US secretary of state, looked on as Donald Trump demanded more ...The Guardian - Mar. 8 -
What Elon Musk’s Suit Says About Trump and Power
When Elon Musk puts on a nice suit, it has a way of looking like a demotion.The New York Times - 4d -
Tariffs are causing stock-market panic and leading investors into riskier options trading
Less than two months into his second term, President Donald Trump is already making stock-market volatility great again. That’s been a boon for the options market.MarketWatch - 4d -
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 - Mar. 9 -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 5d -
Mark Carney, Canada's next prime minister, pledges to take on Trump
Canada's next prime minister, former central banker Mark Carney, is pledging to take on President Trump as the president imposes tariffs and threatens to turn the country into the 51st state. CBS ...CBS News - 5d -
Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - 4d -
Most say Trump too erratic in economic moves: Survey
Most Americans think President Trump is too “erratic” in implementing his trade agenda as he slaps tariffs onto the country's top trading partners and they want him to combat high prices, according ...The Hill - 3d -
German inflation confirmed at 2.3% in February
Yahoo News - 2d -
The Papers: Ukraine's 'high-stakes talks' and 'nonsense planning delays' shake-up
This week's planned talks between Kyiv and Washington lead some papers, with others reporting on UK planning reforms.BBC News - 6d -
Trump’s $5 million idea to reduce the deficit and reduce immigration fraud
Donald Trump and his pet program DOGE have been looking for ways to reduce the deficit. The president’s latest idea is a “gold card” visa program, which he claims would reduce deficit spending by ...The Hill - 6d -
Trump makes third term remark during event with Irish prime minister
President Trump floated the idea of running for a third term during a St. Patrick’s Day event Wednesday, saying he looked forward to celebrating with the Irish prime minister “at least three more ...The Hill - 3d -
Hawaii Gov. Josh Green on Trump wanting states to run education: “I’ll take it”
Hawaii Gov. Josh Green (D) on Wednesday said that if President Trump's plan to put education policy in the hands of the states happens, he would "take it" and "make good use" of the money that ...The Hill - 3d -
SpaceX to launch Crew-10 after delay, mission will pave way for return of "stranded" ISS astronauts
Conditions are looking good for Friday night's planned SpaceX launch that will pave the way for Butch Wilmore and Suni Williams to return to Earth. Wilmore and Williams were supposed to be on a ...CBS News - 2d -
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.The New York Times - 3d -
Sunday shows preview: House GOP unveils bill to avert shutdown; Trump's tariffs teeter
House Republicans have unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which is likely to ...The Hill - Mar. 8 -
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 - Mar. 9 -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - Mar. 9 -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 5d -
‘Calm today, but turbulence ahead’: U.S. job openings show stable labor market ahead of Trump job cuts and tariffs
Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it’s taking people a lot longer to find work.MarketWatch - 5d -
Morning Report — Senate takes up spending bill; Trump backs off on Canada tariffs
In today’s issue: Three days before a government funding deadline, the House on Tuesday narrowly passed a party-line stopgap funding bill that would mostly keep government funding at current ...The Hill - 4d -
From Mexico cartel safe house to US streets: BBC tracks deadly fentanyl targeted by Trump tariffs
As the president tries to force Mexico to stop the flow of drugs, cartel members tell Quentin Sommerville they will not be deterred.BBC News - 4d
