Latest in China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
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‘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 -
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 -
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 -
Stocks continue to rebound, but Tesla shares head in reverse
Investors await Federal Reserve interest-rate decision this week, while bracing for another round of U.S. tariffs.CBS News - 4d -
Trump doubles down on tariffs threat amid market downturn
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...The Hill - Mar. 11 -
Details on Trump's threat of 200% tariff on alcohol from European Union
The Dow lost more than 500 points Thursday and the Nasdaq dropped more than 300 as investors reacted to President Trump's threat to impose a 200% tariff on European Union exports of wine, ...CBS News - Mar. 14 -
U.S. Army soldiers accused of selling classified materials to China
Two U.S. Army soldiers were arrested in Washington state for allegedly trying to sell sensitive government information to buyers in China. Charlie D'Agata has more.CBS News - Mar. 7 -
'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts
Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be short-lived.CNBC - 1d -
China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says
Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.CNBC - Mar. 12 -
Trump’s Putin gambit: How to hammer Moscow with sanctions that bite
President Trump has threatened to unleash "large-scale banking sanctions, sanctions, and tariffs on Russia" to force Putin to negotiate a ceasefire and final settlement agreement on peace, but his ...The Hill - Mar. 10 -
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.CNBC - Mar. 8 -
2-year yield ends at one-week low on Fed’s ‘transitory’ inflation view
U.S. government debt rallied Thursday, pushing yields lower across the board, on the Federal Reserve’s base-case view about the likely transitory nature of tariff-driven inflation.MarketWatch - 1d -
Manchester United under pressure to stay in Europe, admits Christian Eriksen
Europa League last-16 return with Sociedad is ‘massive’ Backs compatriot Rasmus Højlund to end goal drought Christian Eriksen has admitted that there is “massive pressure” on Manchester United ...The Guardian - Mar. 10 -
Trump’s tariffs won’t solve the opioid crisis, but a deal with China might
They provide leverage that Trump should use to strike a deal with China to more comprehensively regulate its pharmaceutical and chemical industries.The Hill - Mar. 12 -
Canada gets new leader, but don’t bet on a quick Trump tariff truce
Could the U.S. and Canada quickly patch up trade relations following the resignation of Prime Minister Justin Trudeau? Don’t count on it.MarketWatch - Mar. 10 -
More older women becoming first-time moms amid U.S. fertility rate declines
As U.S. fertility rates continue to slide, a growing number of women older than 40 are having children, and a record low number of teenagers are giving birth.NBC News - 3d -
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as much and building projects faster.CNBC - 5d -
Confronting the threat posed by mystery drone swarms over the U.S.
Drones have repeatedly swarmed sensitive military sites. Current and former Air Force generals, along with a senior member of Congress, say the incursions pose a security threat.CBS News - 4d -
Columbia under pressure to resist Trump administration demands
Scholars say government threat to further cut federal funding at Ivy League university contains ‘glaring legal problems’Financial Times - 5d -
FGCU women's basketball vs. Central Arkansas live score, updates, ASUN championship game
It's FGCU women's basketball vs Central Arkansas in the final of the Atlantic Sun Tournament. Follow for live scores from Fort Myers.Yahoo Sports - 6d -
OHSAA basketball tournament: Live updates from Pickerington Central girls DI state final
Pickerington Central's girls basketball team goes for an eighth OHSAA state championship Saturday night. Follow along for live coverage.Yahoo Sports - 5d -
Trump picks Fed Governor Michelle Bowman to replace Michael Barr as Fed's supervision head
Bowman will have a key role in bank oversight as part of her new role.CNBC - 3d -
How Trump’s Tariffs Affect U.S. Farmers
Retaliatory tariffs are hitting U.S. farmers hard, particularly in states that voted for Trump. Ana Swanson, an Iowa native who covers trade and international economics for The New York Times, ...The New York Times - 6d -
Elon Musk could be a bridge between the U.S. and China — but for which country’s benefit?
Tech billionaire Elon Musk’s financial interests in China have raised concern that they could influence his work as a senior adviser to President Donald Trump.NBC News - 5d -
Canadians deal with tariff threats amid Trudeau successor battle
As President Trump threatens tariffs on the Canadian dairy and lumber industry — while holding off on broader tariffs on goods covered under the USMCA until April — Canadians are also dealing with ...CBS News - Mar. 9 -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - Mar. 10 -
Russia Escalated Sabotage to Pressure U.S. and Allies on Ukraine, Study Says
Anger at Russia’s covert efforts, which included targeting undersea cables, warehouses and railways, has the potential to influence European reactions to the U.S.-led push for an end to the war.The New York Times - 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 - Mar. 14 -
‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.
Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...NBC News - Mar. 12 -
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 2d -
Fed faces threat from US consumers’ soaring inflation expectations
University of Michigan survey shows American households’ outlook for price growth is at its highest since the early 1990sFinancial Times - 2d -
China unveils plan to ‘vigorously boost’ weak consumption
Policymakers seek to spur demand as economy battles deflationary pressureFinancial Times - 4d -
U.S. business owners respond to tariff war
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. ...CBS News - Mar. 13 -
Mark Carney, ex-central banker, to become Canada's next prime minister
Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with U.S.NBC News - Mar. 9 -
Eye Opener: Powerful storms force thousands to evacuate in Southern California
Thousands are forced to evacuate in Southern California as a powerful storm brings the threat of flooding and mudslides. Also, President Trump threatens more tariffs on U.S. allies after Canada and ...CBS News - Mar. 13 -
Trump tariffs partly to blame for inflation: Fed chair
"We are not in a hurry," Federal Reserve Chair Jerome Powell said earlier this month.ABC News - 2d -
Mark Carney Becomes Canada’s Prime Minister at Crucial Moment
Mark Carney, a central banker turned politician, steps into his role at a crucial moment as President Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.The New York Times - Mar. 14 -
Japan to Send Trade Minister to the U.S. Amid Tariff Tensions
The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.The New York Times - Mar. 10 -
Trump reacts to European Union slapping tariffs on U.S. goods
President Trump reacted to news of the European Union's retaliatory tariffs on U.S. goods set to take effect in April. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 12 -
European Union announces retaliatory tariffs on these popular U.S. goods
The European Union is targeting certain emblematic U.S. goods as a response to President Trump's recent tariffs on aluminum and steel. CBS News' Olivia Rinaldi reports.CBS News - Mar. 12
