Consumer outlook sinks as recession fears take hold

Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations

The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.

Inc. - Mar. 7

Trump Organization Sues Capital One for Closing Its Accounts

President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.

The New York Times - Mar. 7

It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official

At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.

ABC News - 3d

Hungary's leader orders price controls on basic foods as inflation spikes

Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country

ABC News - 4d

Why a ‘good’ CPI report on Wednesday may not be enough to turn stock-market carnage around

Wednesday’s consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns could help stem the stock-market selloff.

MarketWatch - 3d

Treasury yields end higher for second day after CPI inflation data comes in cooler than expected

Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.

MarketWatch - 2d

GOP senator says 'tariffs is a tax' and Trump understands 'completely'

A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairness

The Hill - 1d

Egg prices are rapidly falling so far in March

Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.

CNBC - 1d

This American winemaker doesn’t like Trump’s tariffs — but its stock is climbing

Willamette Valley Vineyards founder Jim Bernau said uncertainty caused by Trump’s tariffs is making consumers spend less and has destabilized the U.S. wine industry.

MarketWatch - 1d

China's ‘Netflix' iQiyi is set to open a theme park with virtual reality based on its own shows

Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.

CNBC - 1d

Treasury yields rise as expectations for more inflation increase

U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.

CNBC - 18h

RFK Jr. wants artificial dyes out of America’s food, but it's not clear they’re harmful, scientist says

A priority for the Trump administration is to rid the food system of artificial dyes. Here's what experts say about if FD&Cs are safe to consume.

CNBC - 17h

Positive Job Numbers in February Don’t Erase Worries About the Economy

Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.

Inc. - Mar. 7

Russia Pushes Back Ukraine’s Offensive With Drones and North Korean Troops

Russia has retaken about two-thirds of the territory Ukraine seized last summer in the Kursk region of Russia, but at a fearful cost in lives.

The New York Times - Mar. 8

North Korea Says It’s Building a Nuclear-Powered Submarine

The announcement came amid fears that Pyongyang may be receiving crucial military technology from Russia in return for sending troops and weapons for its war against Ukraine.

The New York Times - Mar. 8

France angry after Dupont suffers 'serious' injury

France head coach Fabien Galthie fears captain Antoine Dupont has sustained a "serious" knee injury during their Six Nations victory over Ireland.

BBC News - 6d

Universities impose hiring freezes in face of uncertainty over federal funding

At least two Ivy League universities abruptly stopped hiring faculty Monday, partly prompted by fear that federal grant funding will be cut.

NBC News - 4d

Justice Dept. Official Says She Was Fired After Opposing Restoring Mel Gibson’s Gun Rights

Elizabeth G. Oyer, the former pardon attorney, said that she was not told why she was dismissed, but that as events unfolded she feared they might lead to her firing.

The New York Times - 4d

Irish, undocumented, and unsure of their future in Trump's America

They run businesses. They tend bars. They pay taxes. But still they live in fear. There are thousands of undocumented Irish immigrants in America today, and some of them shared their stories.

CBS News - 3d

Trump’s approach to Ukraine could be 'very worrying' for Russia’s neighbors, former UK PM Cameron says

Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump's approach to Ukraine could set an alarming precedent.

CNBC - 2d

Latest news on the stock markets after an unsettling week for investors

Stock markets reeled this week after news varied over President Trump's tariffs and investor fears. CBS MoneyWatch correspondent Kelly O'Grady reports.

CBS News - 20h

Risk of ‘Trumpcession’ rising, economists say, as global markets fall

Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors. Business live – latest updates The risk that the US economy will enter recession this year is rising, according ...

The Guardian - 4d

Trump responds to market meltdown

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story White House touts record after Trump demurs on recession The Trump administration ...

The Hill - 4d

3/10: The Daily Report

Lindsey Reiser reports on the stock market’s plummet following President Trump's comments on a possible recession, the Trump administration's cancelation of most remaining USAID programs and ...

CBS News - 4d