Latest in Department of Education slashing nearly 50% of workforce; Steel and aluminum tariffs take effect
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Why student-loan borrowers ‘are going to feel the brunt’ of the Education Department layoffs
The cuts come during what was already set to be a period of mass upheaval for the student-loan system.MarketWatch - 1d -
Trump Firings Gut Education Department’s Civil Rights Division
Many of the office’s cases over the decades have served as a catalyst for broader policy change and social reforms.The New York Times - 14h -
Democratic-led states sue over dismantling of Education Department
The suit from 20 states and the District of Columbia comes two days after the federal agency fired more than 1,300 employees.CBS News - 6h -
Trump on recession chances: ‘I don’t see it at all’
Canada canceled its planned surcharges on electricity to the U.S. after President Trump threatened to double his planned tariffs on Canadian steel and aluminum. Capping a wild day on Wall Street, ...NBC News - 2d -
Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - 2d -
Trump pledges to match EU and Canada's retaliatory tariffs
Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.BBC News - 1d -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 1d -
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 - 22h -
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 - 11h -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 3d -
A Timeline of Trump’s Tariff Fight With Canada, Mexico, China and the E.U.
In the first 50 days of his second term, President Trump’s penchant for imposing and then suspending tariffs has shaken markets and confounded trading partners.The New York Times - 4h -
FirstFT: EU retaliates to US tariffs on steel and aluminium imports
Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bossesFinancial Times - 1d -
Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 1d -
Can Mark Carney, Canada’s New Leader, Take on Trump and His Tariffs?
Mark Carney will most likely be in power just a few weeks before a federal election is held. To win, he will try to convince Canadians he can take on, but also negotiate with, Trump.The New York Times - 2d -
ICE arrests over 32,000 migrants in US illegally in 1st 50 days
ICE has arrested over 32,000 migrants who are living in the United States without legal status since Jan. 21, according to Department of Homeland Security officials.ABC News - 1d -
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.The New York Times - 1d -
CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.CNBC - 1d -
Starmer says 'all options on table' on US tariffs
Canada and the EU have announced retaliatory tariffs but UK will take a "pragmatic" approach, the prime minister said.BBC News - 1d -
Trump threatens 200% tariff on European wine and Champagne
The president threatened to take retaliatory action in response to EU tariffs on U.S.-made whiskey.CBS News - 9h -
Federal student loan site down Wednesday, a day after layoffs gutted Education Department
An hours-long outage on StudentAidABC News - 22h -
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 - 3d -
Donald Trump threatens 200% tariff on EU wine and champagne
US president says levy on alcohol imports would be retaliation for ‘nasty’ 50% tariff imposed on bourbon whiskey. US politics live – latest updates Donald Trump has threatened a 200% ...The Guardian - 5h -
President Trump threatens additional tariffs on Canada, European Union
The trade war is escalating as President Trump says he may impose additional tariffs on Canada and the EU. Canada has put 25% reciprocal tariffs on nearly $21 billion worth of American imports, ...CBS News - 10h -
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 - 2d -
Judge declines to block DOGE from taking over African development agency
A federal judge on Tuesday declined to block the Department of Government Efficiency (DOGE) from taking over the U.S. African Development Foundation (USADF). U.S. District Judge Richard Leon ...The Hill - 1d -
Here’s how Tesla, ‘DJT’ and other Trump trades have fared since the inauguration
Shares of Tesla and Trump Media, which were seen as major beneficiaries of a Trump presidency, have lost nearly 50% since Inauguration Day.MarketWatch - 3d -
Trump doubles down on tariff threat: ‘I’m not going to bend’
President Trump called the European Union “hostile and abusive” and threatened to slap a 200 percent tariff on European alcohol if the E.U. does not drop its 50 percent levy on American whiskey. ...NBC News - 50m -
UK growth push held back by poor Whitehall co-ordination, watchdog finds
National Audit Office says departments needs to work together more effectively on industrial strategyFinancial Times - 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 - 6d -
Mark Carney, Canada's next prime minister, pledges to take on Trump
Canada's next prime minister, former central banker Mark Carney, is pledging to take on President Trump as the president imposes tariffs and threatens to turn the country into the 51st state. CBS ...CBS News - 3d -
3/12: CBS Evening News
Mom worries about daughter with Down Syndrome after Education Department cuts; Trump critic wins Greenland electionCBS News - 14h -
NCAA Tournament bubble tracker: March Madness bracket taking shape with teams in action
Nearly every team on the bubble of the NCAA Tournament plays Thursday in games that could ultimately decide their March Madness fate.Yahoo Sports - 1h -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 3d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
What the White House wants and what the economic realities of manufacturing and trade are don’t line up, experts say.NBC News - 2d -
1Password Coupon: Get Up to 50% Off in March
Save up to 50% on business and personal memberships with a 1Password promo code.Wired - 18h -
NHS England to cut workforce by half as Streeting restructures
The health secretary will shrink NHS England’s workforce to save money and avoid ‘duplication’. NHS England will lose half its staff and a huge swathe of its senior management team as part of a ...The Guardian - 3d -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 2d -
White House defends Trump's tariffs amid plunging stock markets
The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...NBC News - 2d -
How immigration and tariffs are impacting the cost of milk
A new CBS Reports documentary, "The Price of Milk," explores how immigration and tariffs impact dairy prices in the United States. The film takes a behind-the-scenes look at the legal and ...CBS News - 3d -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - 4d