Latest in China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
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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 - 19h -
Global economy takes centre stage
OECD updates growth forecasts, a clutch of central banks set interest rates and the IOC picks a new Olympics presidentFinancial Times - 4d -
Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat
Porsche is part of Volkswagen Group, which has an assembly plant and other facilities in the U.S.CNBC - Mar. 12 -
Federal Reserve holds interest rates steady, citing higher economic uncertainty
The Federal Reserve said Wednesday it was leaving interest rates unchanged, signaling it wanted further clarity on the direction of the economy before changing borrowing costs for businesses and ...NBC News - 2d -
Starmer tells global leaders to 'keep the pressure' on Putin over ceasefire in Ukraine
U.K. Prime Minister Keir Starmer has told allies to “keep the pressure” on Russian President Vladimir Putin to back a ceasefire in Ukraine, hailing Ukraine as the “party of peace.”NBC News - 6d -
Trump’s Tariff Threats Are Driving Carmakers Crazy
Automakers looked forward to his return to the presidency, only to find themselves struggling under the weight of his tariff threats.The New York Times - Mar. 14 -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - Mar. 10 -
Bank of England holds interest rates, warns global trade uncertainty has intensified
The Bank of England on Thursday announced its latest interest rate decision, warning of increased global uncertainty.CNBC - 1d -
Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats
EU regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald Trump threatens to hit the bloc with tariffs.CNBC - 1d -
Trump says tariff approach shows 'flexibility' not 'inconsistency'
President Trump on Wednesday disputed that his repeated threats of tariffs followed by exemptions or backtracking was not a case of inconsistency, but of “flexibility,” even as the approach has ...The Hill - Mar. 12 -
Russia and Ukraine trade strikes and Fed unlikely to change interest rate: Morning Rundown
Russia and Ukraine trade strikes. Fed's anticipated interest rate decision amid market turmoil. Do judges have too much power? SEC dominates March Madness.NBC News - 2d -
Trump Intensifies ‘51st State’ Threats in Attack on Canada
The U.S. president on Tuesday reiterated his claims on Canada’s territory as he increased tariffs, threatening to bring the country’s economy to its knees.The New York Times - Mar. 12 -
Should you open a home equity loan before the March Fed meeting?
With the Fed set to meet soon to determine interest rate policy, homeowners may be thinking of taking action now.CBS News - Mar. 10 -
The world’s lowest interest rate no longer belongs to Japan
The world’s lowest interest rate is longer Japan but Switzerland after the Swiss National Bank cut rates by a quarter-point.MarketWatch - 1d -
Man gets prison in U.S. for helping pressure Chinese expat to return home
A real estate businessman who aided a Chinese effort to pressure an expatriate to return home has been sentenced to over a year in a U.S. prison.NBC News - 7h -
Latest forecast with major storm system developing in central U.S.
A risk for tornados and blizzard conditions is taking shape in the central U.S. as a major storm system moves across the country. CBS News Philadelphia Grant Gilmore reports.CBS News - 22h -
2-year Treasury leads yields lower as Fed sticks with 2025-27 rate-cut forecast
U.S. government debt rallied on Wednesday, sending the policy-sensitive 2-year yield down by the most in more than a week, after Federal Reserve officials stuck with their expectations for ...MarketWatch - 1d -
China says it’s willing to cooperate with the U.S. on fentanyl
China is willing to do more to address U.S. concerns about illicit fentanyl trade, an official from the Ministry of Foreign Affairs told reporters Wednesday.CNBC - Mar. 12 -
Trump, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - Mar. 11 -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - Mar. 11 -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - Mar. 10 -
Trump's 200% tariffs could have an unlikely winner — troubled beer brewers
U.S. President Donald Trump's threat to impose 200% tariffs on alcohol from Europe would serve a major blow to drinks makers on the continent, but it could have one unlikely beneficiary — the ...CNBC - Mar. 14 -
Trump retreats from 50% tariffs on Canadian metals. Here’s what comes next.
President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for ...MarketWatch - Mar. 12 -
Jerome Powell delivers remarks on interest rate decision
Watch live coverage as Fed chair Jerome Powell delivers remarks on the next interest rate decision. It is the first decision of the Trump administration.NBC News - 1d -
Panama releases dozens of detained deportees from U.S. into limbo following human rights criticism
PANAMA CITY — After weeks of lawsuits and human rights criticism, Panama on Saturday released dozens of migrants who were held for weeks in a remote camp after being deported from the United ...NBC News - Mar. 9 -
China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.CNBC - Mar. 11 -
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 -
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 -
Investors dumped U.S. stocks at the fastest pace on record last week, according to this Wall Street survey
Institutional investors who trade through Bank of America are pulling money from U.S. stocks at the fastest pace on record, according to a closely followed survey produced by a team of strategists ...MarketWatch - 3d -
Tariffs on China could raise wedding dress prices for American brides
American brides are facing the impact of the trade war, as tariffs on imports from China threaten to raise the cost of wedding gowns. Janet Shamlian reports.CBS News - Mar. 11 -
Doug Ford on additional Trump tariffs: Canadians will 'not back down'
Ontario Premier Doug Ford fired back at President Trump following his latest vow to double tariffs on steel and aluminum, saying during an interview that Canada will “not back down” and called on ...The Hill - Mar. 11 -
Fiorentina hammer Juventus to pile more pressure on Motta
Fiorentina beat Juventus 3-0 at The Stadio Artemio Franchi to keep alive their hopes of a top four finish, and pile more pressure on Thiago Motta. Scorers: Gosens 15', Mandragora 18', Guðmundsson ...Yahoo Sports - 4d -
Russia, China seek end to U.S. sanctions on Iran, resumption of nuclear talks
Representatives of China, Russia and Iran called Friday for an end to U.S. sanctions on Iran over its rapidly advancing nuclear program and a restart to multinational talks on the issue.CBS News - Mar. 14 -
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this yearCNBC - 2d -
Mar 11: CBS News 24/7, 1pm ET
China and Canada impose retaliatory tariffs on U.S. goods; Transgender Army major sees support from peers.CBS News - 1d -
Investors are on edge about potential changes to the Fed’s balance sheet plan
Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff ...MarketWatch - 2d -
China imposes retaliatory tariffs on Canadian farm and food products
China has announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum productsABC News - Mar. 8 -
How close are we to a recession, and how will we know when we get there?
Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.CBS News - 2d -
China’s Geely sells Saxo Bank stake to Swiss private bank
Eight-year joint venture was a bet on Chinese capital markets opening up to the westFinancial Times - Mar. 10 -
‘The caterpillar’: British banks’ £50bn answer to falling rates
The UK’s largest high street lenders have deployed hedging strategies to smooth volatile earningsFinancial Times - 1d