Latest in Consumer sentiment plunges on worries about tariffs and inflation
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Grandparent Doesn’t Agree With ‘Gentle Parenting’
Her mother’s lack of discipline is turning the 10-year-old into a brat, and I’m worried about her future.The New York Times - 2d -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - 1d -
Ontario premier says he needs 'to sit down as quickly as possible' with Trump on tariffs
Ontario Premier Doug Ford said Monday that he needs "to sit down as quickly as possible" with President Trump regarding tariffs. ‘We're seeing inflation happening already, and it's unnecessary. We ...The Hill - 4d -
Kelly Clarkson has been MIA for more than a week, but there's reportedly no need to worry
Kelly Clarkson abruptly bailed on her show early last week and has hardly been back on camera since. Now a source is reportedly saying the absence is not about her.Los Angeles Times - 1d -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 4d -
The America-First President Doesn’t Care About a Last-Place Stock Market
Wall Street is mixed on whether to buy the dip through tariff uncertainty.Inc. - 3d -
Trump rejects pleas from business for more clarity on tariffs
President Donald Trump has dismissed the growing chorus of CEOs, investors and policymakers who are pleading with the White House for greater clarity about his sweeping tariff agenda.NBC News - 4d -
Ontario Premier Doug Ford talks tariffs on Canadian energy
Ontario Premier Doug Ford spoke with NBC News' Tom Llamas about his decision to impose a 25% tariff on Canadian electricity exports to three U.S. states in response to U.S. President Donald Trump's ...NBC News - 4d -
Education Dept. slashes workforce; new tariffs roil US markets
President Donald Trump is planning to cut nearly 1,300 Department of Education employees, about half of its total staff, with an ultimate goal of shutting down the agency completely. It comes as ...NBC News - 3d -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 3d -
Kering shares plunge 11% after Demna Gvasalia named as Gucci's artistic director
Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.CNBC - 22h -
Wholesale inflation flattens out in February in another sign of easing inflation
Wholesale prices were unchanged in February, offering more evidence that inflation pressures eased somewhat in early 2025.MarketWatch - 2d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 4d -
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.The New York Times - 1d -
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 - 2d -
‘We’re ground zero’: Canada steel town is frontline of Trump’s tariff trade war
Mayor of city ‘with steel in its veins’ says ‘There’s a lot of tension … a lot of worry’ as 25% export levy kicks in. The sprawling ArcelorMittal Dofasco steel plant in Hamilton, Ontario has in ...The Guardian - 1d -
Graham on Ukraine aid pause: 'If we pull the plug on Ukraine, it'd be worse than Afghanistan'
Sen. Lindsey Graham (R-S.C.) said on Sunday he is worried about the consequences of suspending aid and intelligence sharing to Ukraine as the fighting continues against Russia. “Yeah, I am worried ...The Hill - 5d -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - 2d -
American Eagle says consumer is slowing down, issues weak guidance
American Eagle warned that consumers are slowing down as recession fears swirl.CNBC - 2d -
Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.NBC News - 5d -
Nvidia’s stock is rebounding, but the key to a real recovery may surprise investors
While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.MarketWatch - 2d -
A 10% drop for stocks is scary, but isn't that rare
The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade warABC News - 1d -
How concerned should Americans be about a potential recession?
President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News ...CBS News - 3d -
President Trump doesn't rule out a recession amid tariffs against allies
President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...CBS News - 5d -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 3d -
How a Classic French Dish Is Squeezed by Lingering Inflation
Businesses across Europe, including restaurants in Paris that make the dish, are being squeezed by sticky inflation.The New York Times - 6d -
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 3d -
Is the inflation drop good news for mortgage rates?
Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.CBS News - 2d -
New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they have complaints.CNBC - 1d -
Egg prices soar as inflation cools in first full month of Trump term
Inflation report arrives as markets slide and recession fears grow.ABC News - 3d -
Why this week's positive inflation reports won't look as good to the Fed
On the surface, February's inflation data released this week brought some encouraging news.CNBC - 1d -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 4d -
For Trump, the Stock Market Matters, Until It Doesn’t. CEOs Disagree
As major indexes slide and investors worry, the president abandons his longtime claim that Wall Street performance is the only economic metric that matters, and digs in on import tariffs most ...Inc. - 2d -
Unpacking February's slight inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent ...CBS News - 2d -
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 - 18h -
Egg Prices Surge Again Even as Inflation Eases
Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.The New York Times - 2d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 6d -
How consumers can protect their finances as federal safeguards crumble
As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up their own defenses around their money.NBC News - 3d -
'Volatility is part of the game': What financial advisors are telling investors about market turmoil
The Dow continued to fall on Tuesday after Trump announced higher tariffs. Here's what advisors are telling their clients.CNBC - 3d -
Pasadena high school seniors, Steve Carell has a surprise for you: Free prom tickets
'Despicable Me' star Steve Carell announced some SoCal high school students affected by the wildfires won't have to worry about prom tickets this year. 'It's a pretty good deal,' he says.Los Angeles Times - Mar. 5