Latest in Bessent: Federal layoffs will help fill factory jobs created by Trump tariffs
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Bessent: Federal layoffs will help fill factory jobs created by Trump tariffs
Treasury Secretary Scott Bessent said the Trump administration is planning to boost U.S. manufacturing employment with policies meant to steer laid-off federal workers into factories. In an ...The Hill - 11h -
Main Street Employers Still Struggling to Fill Job Openings
A National Federation of Independent Businesses survey found the number of small companies still having trouble finding suitable job candidates increased in March.Inc. - 3d -
Bessent: Trump will be ready to negotiate tariffs 'at a point'
Treasury Secretary Scott Bessent on Monday said President Trump will be ready for trade negotiations "at a point," while the administration has showed no signs of backing off its implementation of ...The Hill - 8h -
Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town
Kanda, on Japan’s southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.The New York Times - 1d -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 1d -
'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.CNBC - 3h -
After Navarro Defends Tariffs, Bessent Says Trump Is Ready to Negotiate
Peter Navarro, a senior White House trade adviser, defended President Trump’s tariffs, but the Treasury secretary said the U.S. might be ready to negotiate.The New York Times - 8h -
Americans who want to retire now ‘don’t look at the day-to-day fluctuations,’ Sec. Bessent says
Treasury Sec. Scott Bessent on Meet the Press responds to Americans who have seen their 401(k)s hit by President Trump’s tariffs and stock market uncertainty, claiming those who want to retire ...NBC News - 1d -
Federal probationary workers left in limbo amid legal challenges to mass firings
Probationary workers fired as part of President Trump's downsizing talked about their jobs and their ongoing employment limbo as legal fights continue.CBS News - 1d -
Bessent opening trade negotiations with Japan
Treasury Secretary Scott Bessent announced Monday the U.S. is opening trade negotiations with Japan. Bessent, in a post on the social platform X, said President Trump has tasked him and U.S. Trade ...The Hill - 10h -
Trump says tariffs will accelerate reshoring, but experts say it's not that easy
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.CNBC - 2d -
Deloitte Layoffs Reflect Private Sector Fallout From DOGE Cuts to Government Contracts
One of the top 10 U.S. consulting firms is preparing for layoffs as $65 billion worth of federal contracts with private companies are targeted for cuts and cancellations.Inc. - 3d -
US tariffs create ‘urgent’ problem for Germany, says Merz
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exportsFinancial Times - 18h -
Sec. Bessent says the market 'consistently underestimates' Trump amid turmoil
Treasury Sec. Scott Bessent on Meet the Press reacts to stock markets facing their worst week in five years, claiming market reactions are hard to predict.NBC News - 1d -
Powell’s tariff dilemma: defend the economy or contain inflation
Donald Trump’s trade war has put the Federal Reserve in an awkward spotFinancial Times - 2h -
Gulf Coast Shrimpers See Hope in Trump’s Tariffs
After years struggling to compete with cheaper, farm-raised imported shrimp, shrimpers from Florida to Louisiana are optimistic that the new tariffs will help them.The New York Times - 4h -
Ex-Fed bank leader: Trump tariffs dramatically raise risk of 'Smoot-Hawley type outcome'
Former Federal Reserve Bank of St. Louis President James Bullard said early Monday that President Trump’s tariffs could risk severely worsening the economy, in a way that mirrors the consequences ...The Hill - 16h -
In latest trans sports salvo, Trump administration creates Title IX investigation team
The Trump administration is creating a new Title IX Special Investigations Team focused on keeping transgender women and girls from sports teams and restrooms designated for females.NBC News - 3d -
Companies look for US tariff workarounds
Consultants are helping clients lower the customs value of imports to cut the cost of Donald Trump’s leviesFinancial Times - 2h -
Venezuela’s criminal state and the human wreckage it creates
The U.S. has imposed a 25 percent tariff on Venezuelan oil in response to Nicolás Maduro's refusal to take back deported Venezuelan migrants, and the tariff could lead to the regime's decline by ...The Hill - 12h -
Trump, Tariffs and Carney: Canada Polls Show Liberals With Early Election Lift
The Liberal Party, which not long ago seemed destined to crash in federal elections under Justin Trudeau, is experiencing a reversal of fortune. Here’s what a close review of polls shows.The New York Times - 16h -
Indiana women's basketball lands 2nd transfer commit
The Hoosiers nearly had a full roster to fill, and Teri Moren and her staff landed a guard from the SEC to help retool.Yahoo Sports - 1d -
Jeffries accuses Trump of tanking the economy to create opportunities for the rich
House Minority Leader Hakeem Jeffries (D-N.Y.) on Monday accused President Trump of intentionally crashing the economy to benefit the GOP’s wealthy donors and other well-heeled interests. The ...The Hill - 8h -
When It Comes to D.E.I. and ICE, Trump Is Using Federal Grants as Leverage
The Department of Homeland Security is reviewing billions of dollars in grants to make sure cities and states are complying with President Trump’s priorities on immigration and diversity.The New York Times - 10h -
Andrew Bailey given top financial stability role as tariffs create turmoil
Bank of England governor set to serve three-year term at Financial Stability Board from JulyFinancial Times - 16h -
TikTok Deal Stymied Over Trump Tariffs
A deal for TikTok to be purchased has stalled due to Trump’s tariffs on China.Inc. - 2d -
Trump Tariffs Spill Over into Italian Wine Industry
The Italian wine industry may suffer immensely with Trump tariffs.Inc. - 1d -
What Trump’s Tariffs Will Mean for the Apparel Industry
Expect meaningful pullback in consumption if Trump’s tariffs do in fact stand.Inc. - 9h -
Trump’s Tariffs: US vs China
President Trump ramps up the threat of a trade war with possible more tariffs on China.BBC News - 11h -
Trump: Tariffs sparking investment in US
President Trump late Sunday defended his tariff plan amid recession fears, saying they are sparking investment in the United States. Trump spoke aboard Air Force One, where he said he was elected ...The Hill - 18h -
Appeals Court Blocks Trump Firings, Reinstating 2 Federal Board Leaders
A full appeals court panel voted 7-4 to restore Cathy Harris and Gwynne Wilcox to their positions, setting up an expected Supreme Court finale.The New York Times - 14h -
Economists take issue with Trump's tariff formula, arguing rate is inflated
The formula the Trump administration used to calculate his tariffs is bewildering economists.CNBC - 2d -
UK Eases Rules on EVs as Trump’s Auto Tariffs Hit
Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.The New York Times - 17h -
Trump’s Tariffs Drive Another Market Meltdown
A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.The New York Times - 3d -
Man Employs A.I. Avatar in Legal Appeal, and Judge Isn’t Amused
The use of a video persona created with artificial intelligence software to help make an argument earns a stern rebuke.The New York Times - 1d -
Morning Report — Trump digs in on tariffs
In today’s issue: President Trump on Sunday redoubled his support for massive tariffs on most of the world amid heavy market fallout and criticism from some allies. Wall Street was rocked by ...The Hill - 19h -
Trump threatens additional 50 percent tariff on China
President Trump on Monday threatened to impose a 50 percent tariff on imports from China, a massive escalation of a potential trade war between the world's two largest economies. Trump's threat is ...The Hill - 14h -
Small business owners react to Trump's sweeping tariffs
Small business owners are weighing in on the tariffs President Donald Trump unveiled against virtually all U.S. trading partners on Wednesday afternoon.ABC News - 3d -
Trump’s Tariffs Are Threatening the US Semiconductor Revival
While the White House carved out a narrow exemption for some semiconductor imports, President Donald Trump’s sweeping tariffs still apply to GPUs and chipmaking equipment.Wired - 2d -
Trump announces 10% baseline tariff on all countries | Special Report
President Trump on Wednesday announced a baseline tariff of 10% on all countries, with additional reciprocal tariffs for some. Maurice DuBois anchored CBS News' special report.CBS News - 1d