Latest in 'Transitory' is back as the Fed doesn't expect tariffs to have long lasting inflation impacts
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Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 1d -
The Fed is likely to hold interest rates steady. But some consumer loans are getting cheaper.
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation.NBC News - 6d -
Will Trump's tariffs threaten the Fed's soft landing? Experts weigh in.
The Fed is set to announce a its latest interest rate decision on Wednesday.ABC News - 1d -
Treasury yields rise as expectations for more inflation increase
U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.CNBC - 6d -
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December.CNBC - 14h -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - 6d -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - 2d -
Olivia Culpo announces she's expecting a baby with husband Christian McCaffrey
Olivia Culpo is expecting a baby with Christian McCaffrey, she announced Monday. The model-actor-influencer and the NFL running back got married last summer.Los Angeles Times - Mar. 10 -
C.E.O.s Look Beyond a Rosy Inflation Report
Better-than-expected price data can’t quite blunt worries about consumers pulling back, as companies keep scrambling to handle President Trump’s trade fights.The New York Times - Mar. 13 -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
What kind of jobs will be impacted by AI?
Last week, online furniture retailer Wayfair announced it would increase its use of generative artificial intelligence and cut 340 tech jobs. It reflects an increase in businesses and companies ...CBS News - Mar. 11 -
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 - Mar. 10 -
Europe and Canada retaliate against Trump’s steel and aluminum tariffs
President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping ...NBC News - Mar. 12 -
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 - Mar. 10 -
Why you should open a $5,000 long-term CD now that inflation's falling again
Inflation fell in February for the first time since September. Here's why a $5,000 long-term CD could be worth opening now.CBS News - Mar. 12 -
Trump's tariff theater could actually help fight inflation
The effect of President Trump's frenetic style of governance — at least when it comes to trade — represents a peculiar twist that few economists would have predicted.The Hill - 2d -
New China tariffs may mean higher toy prices, but Mattel and Hasbro are working to blunt the impact
Mattel and Hasbro may be forced to raise prices if President Donald Trump’s 20% tariffs on imports from China remain in place, but both companies have mitigation strategies in place.MarketWatch - 6d -
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 - Mar. 7 -
Canadians are mad as hell and ready for a battle over Trump tariffs
Canada is in a trade war with the U.S. due to Trump's tariffs and lies, and is retaliating by boycotting American goods, which will have a significant impact on the U.S. economy.The Hill - 5d -
Key inflation data set to be released tomorrow. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.CBS News - Mar. 11 -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - Mar. 11 -
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 - Mar. 12 -
Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes
Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes.CNBC - 1h -
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 - Mar. 10 -
Michael Gallup: I was in wrong "head space" last year, but still have the fire
Wide receiver Michael Gallup signed with the Commanders on 2025 and then met the media to explain why he was coming back to the NFL after retiring last year.Yahoo Sports - 4h -
Europe Expected a Transactional Trump. It Got Something Else.
Europe had been banking on a United States that wanted to make a deal on tariffs and trade. With little progress in that direction, it’s reluctantly starting to hit back.The New York Times - 6d -
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 -
Federal Reserve keeps interest rates steady as economic uncertainty rises
The Federal Reserve is holding interest rates steady as it weighs the impact of Trump’s tariffs and federal workforce cuts on inflation and the economy. The central bank warned that economic ...NBC News - 1d -
Companies Might Soon Have to Tell You When Their Products Will Die
If everything’s computer, it would be nice to know how long computer last.Wired - Mar. 13 -
'Long road' back for England's Lawrence - Bath boss
England centre Ollie Lawrence faces a "long road" back after surgery on an Achilles injury, says Bath boss Johann van Graan.Yahoo Sports - 14h -
Who will EU, Canada's retaliatory tariffs impact the most?
President Trump is moving full speed ahead on tariffs. The administration imposed a 25% tariff on Wednesday on all steel and aluminum imports, and the response from America's allies has been swift. ...CBS News - Mar. 12 -
New York Giants' Chauncey Golston has no position preference: 'Prefer to be on the field'
Chauncey Golston doesn't care what role the New York Giants have in store for him so long as he's on the field.Yahoo Sports - 6d -
Alcaraz says 'doesn't support' Djokovic-backed lawsuit
Wimbledon champion Carlos Alcaraz pushed back on a lawsuit against the ATP Tour filed by the Novak Djokovic-led tennis players union on Wednesday, saying he does not support the move.The PTPA ...Yahoo Sports - 1d -
The Fed Sees Higher Inflation and Lower Growth
Also, Zelensky agreed to a limited cease-fire in a call with Trump. Here’s the latest at the end of Wednesday.The New York Times - 1d -
Are US tariffs bringing manufacturing back to Canada?
Canadian firms are having a growing conversation about the need for more homegrown production.BBC News - 4d -
With tariffs set to impact car prices, some rush to the lots
Forecasts say automobile prices could go up as much as $12,000 as the impact of tariffs begins to be felt. NBC News’ Vicky Nguyen reports on how to time a complicated purchase.NBC News - Mar. 13 -
L'Oreal CEO plays down the impact of U.S. tariffs, says he's 'not overly concerned'
L'Oreal CEO Nicolas Hieronimus said he is "not overly concerned" over the impact of White House tariffs on the company.CNBC - Mar. 11 -
Nvidia CEO Jensen Huang says tariff impact won't be meaningful in the near term
"Partners are working with us to bring manufacturing here. In the near-term, the impact of tariffs won't be meaningful," the CEO said.CNBC - 1d -
Ratcliffe backs Amorim, at United 'for a long time'
Manchester United co-owner Sir Jim Ratcliffe has given his backing to manager Ruben Amorim and said the Portuguese coach will remain at the club "for a long time."ESPN - Mar. 11 -
America's allies hit back as Trump administration imposes 25% tariffs on metals imports
The U.S. raised tariffs on steel and aluminum imports to 25% as President Trump digs in on trade policies that have rocked financial markets.NBC News - Mar. 11