Latest in Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
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Stocks drift higher as investors await Fed decision on interest rates
Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.CBS News - 2d -
Trump Primed to Clash With Fed After Key Rate Decision
Tariffs are at the heart of the tension between the White House and the central bank.The New York Times - 2d -
The Fed holds rates firm—here's what it means for your money
Borrowing costs will drop slightly by the end of 2025, says a newly revised forecast by the Federal Reserve.CNBC - 2d -
🇧🇷 Neymar and TWO others CUT from the National Team; see substitutes
This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.The Brazilian Football Confederation (CBF) announced the CUTS of goalkeeper Eder...Yahoo Sports - Mar. 14 -
Louisiana voters in Speaker Johnson’s district react to Medicaid cut threats
Residents of Vinton, La., which is part of House Speaker Mike Johnson’s district, are concerned that Republicans will make cuts to Medicaid to reduce government spending. NBC News’ Melanie Zanona ...NBC News - Mar. 12 -
Interest rates will go down gradually, says Bank
Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.BBC News - 1d -
Smoking rates in parts of England rise for first time since 2006, study shows
South-west sees biggest jump, up 17% between 2020 and 2024, while rate in southern England increases by 10%. Smoking rates in parts of England have increased for the first time in nearly two ...The Guardian - 3d -
Malnutrition food product sees funding affected by USAID cuts
Plumpynut is a life-saving food product that can bring a malnourished child back to health in just weeks. But the Trump administration's cuts to USAID essentially canceled funding to two American ...CBS News - Mar. 8 -
NOAA and National Weather Service job cuts raise concerns about forecasts
A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.CBS News - Mar. 11 -
Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - Mar. 10 -
Data shows inflation slowed in February as investors navigate uncertainty in stock markets
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady ...CBS News - Mar. 12 -
US consumers’ long-term inflation expectations hit 32-year high
Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest ratesFinancial Times - Mar. 14 -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - Mar. 14 -
Recession fears are mounting — Powell’s stances on these 4 issues could dictate America’s economic path in months ahead
The Federal Reserve will hold its benchmark interest rate steady at its meeting this week, economists say, as it remains in a “wait-and-see” mode until the effects of President Donald Trump’s ...MarketWatch - 4d -
Steve Kornacki: Voters sour on Trump’s handling of the economy in NBC News poll
A new NBC News poll shows President Donald Trump with a job approval rating as high as he’s ever had. But doubts loom in voters’ minds, especially over the economy and government cuts, NBC News ...NBC News - 5d -
New poll shows Trump with highest job approval, but early challenges on the economy
A new NBC News poll shows President Trump with a job approval rating as high as he’s ever had. But doubts loom in voters' minds, especially over the economy and government cuts. NBC News’ Yamiche ...NBC News - 5d -
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Here's where Trump's approval rating stands on key issues
President Trump's approval ratings are showing signs of weakening nearly two months into his second term. While his efforts to crack down on immigration seem largely well-received, Trump’s ...The Hill - 6d -
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 1d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - 6d -
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.CNBC - Mar. 7 -
The Fed’s interest-rate pause has a silver lining for worried Americans — if they make this move
Consumers are increasingly concerned about their jobs and their access to credit as recession fears loom.MarketWatch - 1d -
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 -
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 - Mar. 12 -
Will the Federal Reserve speed up US rate cuts this year?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
Does the Fed Share the Stock Market’s Worry About the Economy?
So far, the Federal Reserve has avoided commenting on the increasingly uncertain outlook, but investors are waiting to see whether it changes its projections on Wednesday.The New York Times - 2d -
Ontario premier says he needs 'to sit down as quickly as possible' with Trump on tariffs
Ontario Premier Doug Ford said Monday that he needs "to sit down as quickly as possible" with President Trump regarding tariffs. ‘We're seeing inflation happening already, and it's unnecessary. We ...The Hill - Mar. 10 -
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 -
Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices
Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.CNBC - 1d -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - Mar. 12 -
An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.The New York Times - 4d -
Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance
Federal Reserve Chair Jerome Powell’s nuanced take on the economic outlook helped lift stocks on Wednesday.MarketWatch - 2d -
Teachers protest cuts to education funding
Teachers across the country are protesting against federal cuts in education. This comes as President Trump signed an executive order to dismantle the Department of Education. NBC News' Morgan ...NBC News - 1d -
Democrats see lines of attack form against Trump on economy
Democrats see a political opportunity in the mounting frustration over President Trump’s handling of the economy. New polls have shown signs of disappointment with Trump amid the stock market ...The Hill - 2d -
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 -
In a Europe Adrift, Macron Seizes the Moment
The French president’s prescriptions for “strategic autonomy” and a European force for Ukraine are suddenly timely in a world with a less dependable America.The New York Times - Mar. 13 -
Why the Arabic ‘Sesame Street’ and Other Cuts Are Not Really About Fraud
As President Trump and Elon Musk cut federal programs, they often equate political and policy differences with corruption.The New York Times - 5d -
Inflation cools slightly in Trump's first month
Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...The Hill - Mar. 12 -
Haiti’s Biggest Hospital, Dependent on U.S.A.I.D., Is Set on Fire by Gangs
A fire set by gangs at the country’s largest public hospital underscores long-simmering problems in Haiti, which is heavily dependent on international aid.The New York Times - 6d -
Aid workers warn ‘people are dying and they’re going to continue dying’ as funding cuts hit
Moves by US, UK and other donors to cut aid mean ‘high malnutrition rates, starvation and death’, say experts. Cuts to food assistance by the US, Britain and others are already leading to more ...The Guardian - Mar. 14