Latest in China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
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Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - Mar. 12 -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - Mar. 10 -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - Mar. 13 -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 13 -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - Mar. 10 -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - Mar. 12 -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - Mar. 8 -
Staley pushed JP Morgan to keep Epstein as client despite human trafficking concerns, court hears
Former Barclays boss told Jeffrey Epstein suspicious withdrawals from his account were being investigated. The former bank boss Jes Staley pushed JP Morgan to keep Jeffrey Epstein as a client ...The Guardian - Mar. 11 -
9 quality bank stocks most likely to rise as much as 45% after recent market declines
Recent action shows investors can never really predict how interest rates will move.MarketWatch - Mar. 12 -
Trump hints at 'flexibility' for China even as he plows ahead with global tariff plans
Markets whipsawed further Friday in response to President Donald Trump’s latest comments on tariffs, with stocks briefly turning higher after he hinted that there may be “flexibility” in his plan ...NBC News - 2d -
Tesla says it is 'exposed' to retaliatory tariffs
Tesla warned U.S. trade representative (USTR) Jamieson Greer that the electric vehicle company and other American exporters are “inherently exposed” to retaliatory tariffs levied in response to ...The Hill - Mar. 14 -
RFK Jr. could further deter childhood vaccinations as rates fall in the U.S.
Some health policy experts say Kennedy's early moves as HHS Secretary are concerning and suggest that he could undermine immunizations in less direct ways.CNBC - Mar. 9 -
Trump Says Houthis in Yemen Will Be ‘Annihilated,’ as U.S. Keeps Up Strikes
The president warned Iran to stop arming the militant group, which has been attacking ships in the Red Sea.The New York Times - 6d -
The U.S. keeps dropping in global happiness rankings. Eating alone could be the culprit.
Roughly 1 in 4 Americans reported eating all of their meals alone the previous day in 2023 — up 53% since 2003.MarketWatch - 5d -
Behind Trump's latest comments on a U.S. recession
President Trump seems confident that his tariffs will reap great rewards for the U.S., but he is not ruling out the possibility of a recession. CBS News' Weijia Jiang reports.CBS News - Mar. 10 -
Counter-counter-tariffs? Trump threatens to hit back against EU's retaliation
U.S. President Donald Trump threatened Wednesday to hit back against Europe's own retaliatory move against the U.S.' 25% tariffs on steel and aluminum imports.CNBC - Mar. 13 -
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 - Mar. 15 -
Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - Mar. 10 -
Copper to hit $12,000 this year, say major trading groups
Threat of US tariffs and growing global demand seen as likely to support pricesFinancial Times - 8h -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - Mar. 10 -
Canada Turns to European Allies Amid Trump Threats
Days after becoming prime minister, Mark Carney visited Paris and London to highlight deep European friendships as his country fights back against President Trump’s tariffs and annexation talk.The New York Times - Mar. 18 -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - Mar. 7 -
Ways to spend — and save — as interest rates stay high and tariffs mount
Consumers should brace for borrowing costs to stay elevated, prices to rise and stock markets to remain on edge for at least a little longer, analysts say.NBC News - 5d -
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 -
Rangers ‘embarrassed’ by ‘shameful’ anti-woke banner following Uefa charge
The banner displayed by some supporters in the Copland Stand stated: ‘Keep woke foreign ideologies out - defend Europe’Yahoo Sports - 6d -
Tesla warns that Trump's trade war could hurt U.S. automakers
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.CBS News - Mar. 14 -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.CNBC - Mar. 10 -
Trump threatens to put 200% tariff on French Champagne and other EU spirits
The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.CNBC - Mar. 13 -
What alcohol would cost more under 200% Trump tariff?
Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.The Hill - Mar. 14 -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - Mar. 18 -
France and UK now leaders of hard power in Europe, says Czech PM
Petr Fiala says power balance is shifting in response to Russian threat and US pressureFinancial Times - 19h -
U.S. Soccer bid for 2031 Women's World Cup could bring games to Central America, Caribbean
CONCACAF president and FIFA VP Victor Montagliani said Thursday that he “100%” supported “a regional bid" for the 2031 tournament.Yahoo Sports - 4d -
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 - 5d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - Mar. 9 -
China steels itself for Trump turmoil with ‘DeepSeek congress’
Annual session of rubber stamp parliament highlights Beijing’s shifting priorities amid AI breakthroughs and US tariffsFinancial Times - Mar. 13 -
China courts global CEOs for Xi meeting
Planned contact comes as Beijing seeks support of international business and fends off Trump’s tariffsFinancial Times - Mar. 14 -
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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 - Mar. 18 -
Three dead as threat of tornadoes moves south and blinding winds fan wildfires
At least three people have died in Missouri after a powerful system of storms swept across the central part of the United States on the way east Saturday morning, with weather warnings issued in ...NBC News - Mar. 14 -
The Word Executives Are Using to Describe Trump’s Tariff Policy
Trade policy is “fluid” right now, and corporate America is trying to keep up with it.The New York Times - 6d