Yellen Warns Trumps Sweeping Tariffs Could Derail Inflation Progress
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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 -
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. - 4d -
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 -
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 - 59m -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 5d -
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 - 6d -
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 -
Trump adding copper to trade protections, Commerce secretary says
Commerce Secretary Howard Lutnick said President Trump plans to introduce steep tariffs on copper imports after he directed Cabinet officials to investigate the country’s ability to rely on its ...The Hill - 3d -
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 -
Trump suggests federal government take over DC if local leaders 'can't do the job'
President Trump on Friday suggested that the federal government could take over Washington, D.C., if the national capital’s administration “can’t do the job" as he pursues making the district "the ...The Hill - 1d -
Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.The New York Times - 2d -
The unexpected knock-on effect of Trump's minerals 'deal of the century'
The president once derided attempts to develop new green technology as a "green new scam" - but his deal could help boost the US's potential in the sectorBBC News - 2d -
German inflation confirmed at 2.3% in February
Yahoo News - 2d -
Schumer backs down, Democrats seethe
In today's issue: Trump praises Schumer ... Progressives fume ... Senators’ game plan ... Tim Walz tours GOP districts {beacon} 12:30 REPORT It’s Friday. Happy Pi Day, my friends! 🥧🍕 Several ...The Hill - 1d -
Trump's White House Tesla showcase for Musk raises ethics concerns
Ethics experts are sounding the alarm that the president's event with Elon Musk could eliminate the lines of proper objectivity from elected officials.ABC News - 2d -
Trump administration eyes 30 percent payroll reduction at National Park Service
The Trump administration is eyeing a 30 percent payroll reduction at the National Park Service, signaling big cuts at a high-profile government agency that could make headlines during the summer ...The Hill - 5d -
Trump hints at financial repercussions if Russia rejects Ukraine ceasefire
US president’s comments come after Ukrainian counterpart said he believed ‘strong steps’ were under consideration. Donald Trump has suggested he could target Russia financially as Ukraine’s ...The Guardian - 3d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - Mar. 9 -
Ice accessed car trackers in sanctuary cities that could help in raids, files show
Westchester county has laws limiting cooperation, but Ice has accessed trove of data that holds license plate readers. As Donald Trump’s administration ramps up its crackdown on undocumented ...The Guardian - 5d -
Don't click on road toll texts. FBI issues fresh warning about the smishing scam
The FBI is warning Americans not to respond to scam road toll collection texts after receiving more than 2,000 complaints this monthABC News - 3d -
Stands cleared as tornado warning delays Tennessee girls state basketball title games
The Tennessee girls state tournament state championship games have been delayed as the National Weather Service issued a tornado warning.Yahoo Sports - 17h -
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 -
US launches ‘decisive and powerful’ strikes against Houthis in Yemen
President Trump said the United States has launched “decisive and powerful” strikes against Houthi militants in Yemen, warning that the military “will use overwhelming lethal force” until the ...The Hill - 18h -
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 - 6d -
‘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 - 4d -
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 - 3d -
An Australian politician called Trump’s tariffs a ‘dog act’ – but what does it mean and how offensive is it?
A ‘dog act’ isn’t simply ruffling someone’s feathers – it’s an act of betrayal. Caitlin Cassidy explains the meaning of the Australian phrase to Julia Hollingsworth.. Follow our Australia news ...The Guardian - 3d