Latest in Commerce secretary says Trump's policies are "worth it" even if they lead to recession
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Trump says he's doubling tariffs on Canadian steel and aluminum to 50%
President Trump said that he will impose even higher tariffs on Canadian steel and aluminum imports beginning on Wednesday.CBS News - 1d -
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 1d -
Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.CBS News - 1d -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - 5d -
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 - 36m -
Lutnick defends Trump tariffs: ‘This is the way you run the country’
Commerce Sec. Howard Lutnick defended President Trump’s approach to tariffs, saying on Sunday the president is focused on stopping fentanyl from entering the country and is actively engaging with ...The Hill - 3d -
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?CBS News - 2h -
Trump says a transition period for the economy is likely: 'You can’t really watch the stock market'
Officials have spent the past several days bracing Americans for a slowdown that they say will lead to stronger growth ahead.CNBC - 2d -
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 - 1d -
Hollywood's DEI commitments were slipping even before Trump. Now they're vanishing fast
There's been a slow retreat for years from diversity, equity and inclusion initiatives at studios and entertainment companies, experts say.Los Angeles Times - 4d -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 2h -
Hospitals keep dodging price transparency rules, leading Trump to take action — again
Trump signed an executive order on hospital price transparency. Experts say it could help lower health care costs, if hospitals comply.NBC News - 9h -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...The Guardian - 2d -
Evening Report — Government funding fight headed for the wire
Presented by National Council on Aging {beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash House takes first swing at averting shutdown HOUSE REPUBLICAN LEADERS are striking a confident tone ...The Hill - 22h -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - 1d -
Trump says economy is in ‘transition.’ Could this go as badly as ‘transitory’ inflation?
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 2h -
Labour councillor guilty of indecent exposure should quit, says health secretary
The health secretary calls for his former aide to resign after the aide admitted indecent exposure.BBC News - 3h -
Larry Summers: Odds of a recession 'close to 50/50'
Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers ...The Hill - 1d -
Trump vows to ‘lead the charge’ to oust Massie
President Trump is vowing to "lead the charge" to unseat Republican Rep. Thomas Massie (Ky.), who has said he will not support the GOP's short-term government funding bill ahead of Friday’s ...The Hill - 1d -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 1d -
Obama-era Education secretary warns Trump against shuttering department
Former Education Secretary Arne Duncan issued President Trump a warning over plans to shutter the Department of Education, decrying "you break it, you own it." Duncan, in an interview with CNN's ...The Hill - 4d -
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 - 3d -
Trump administration emboldening Russia's position in negotiations with Ukraine, expert says
Secretary of State Marco Rubio said the U.S. will take Ukraine's demands to Russian officials as talks continue to bring an end to the war. Iulia Joja, a senior fellow at the Middle East Institute, ...CBS News - 50m -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - 1d -
Bills reward Allen with new contract after NFL MVP season. Deal is worth $330M, AP source says
NFL MVP Josh Allen was rewarded with a contract extension worth $330 million, with an NFL record $250 million of it guaranteed, which makes him among the league’s highest-paid playersABC News - 2d -
Why a gold investment makes sense (even with inflation dropping)
Inflation dropped in February, according to a new report. Here's why a gold investment could be worth it anyway.CBS News - 3h -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 11h -
Stock market falls sharply as investors fret Trump policies
Stocks continue to slide on Monday, following its worst week since September as president's protectionist policies darken economic view.CBS News - 2d -
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...CBS News - 1d -
Senate confirms Lori Chavez-DeRemer as labor secretary in bipartisan vote
Democrats joined Republicans in confirming former GOP Rep. Lori Chavez-DeRemer as President Trump's labor secretary.CBS News - 1d -
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 - 2d -
Trump’s energy chief says US shale can ‘drill, baby, drill’ at low oil price
Chris Wright claims industry can raise output even if crude falls to $50 a barrel as administration has suggestedFinancial Times - 2d -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 2d -
Markets plummet after Trump doesn't rule out recession
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and ...CBS News - 1d -
Stephen Miller defends Trump on possible recession: Not our job to make 'prognostications'
White House deputy chief of staff Stephen Miller defended President Trump’s response to questions about a possible recession over the weekend and said it wasn’t the president’s job to forecast ...The Hill - 1d -
Live updates: Trump says he hates to 'predict things like that’ when asked if he expects a recession
House Republicans on Saturday unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which will ...The Hill - 2d -
Drug policy expert on fentanyl crisis and tariffs
Drug policy expert Sheila Vakharia joins to discuss the Trump administration's tariffs and their connection to fentanyl, the latest CDC data on overdose rates, and what's actually helping in the ...CBS News - 2d -
On a Bench in Hungary, a Promise Leads to a Proposal
As teenagers, Jessye Marquez and Thomas Wood, committed to each other after competing in a Filipino martial arts tournament, even though they lived on opposite sides of the Atlantic.The New York Times - 5d -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 23h -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 1d