Latest in Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
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Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.ABC News - 17h -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - 6d -
How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
The Trump administration's federal mass job cuts may amount to the largest in history. That has financial ramifications for households and the economy.CNBC - 5d -
How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
The Trump administration’s purge of federal workers may ultimately amount to the biggest job cut in U.S. history, which is likely to have ramifications for the economy, especially at the local ...NBC News - 5d -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 22h -
Trump, DOGE mass job cuts: Federal workers’ money questions answered
The Trump administration is terminating federal workers across agencies. Here’s what to know about your rights and finances if you were impacted by the cuts.CNBC - 6d -
Trump tariff threats rattle consumers
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...The Hill - 6d -
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.MarketWatch - Feb. 21 -
Here are all the Trump tariffs hitting the economy in the coming weeks
The president’s announcement led to fears that he won’t just be using the threat of new tariffs as a negotiating tool, but as lasting policy.MarketWatch - 3d -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest on tariffs and executive ordersFinancial Times - 1d -
The EU has real leverage to counter Trump’s tariff threats
The EU is not a superpower in the traditional sense, but it continues to have significant power in the area of foreign trade.The Hill - 6d -
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.The New York Times - 1d -
Trump job cuts could throw national parks and forests into 'staffing chaos'
The only locksmith at Yosemite National Park in California, the sole EMT ranger at neighboring Devils Postpile National Monument, an experienced sled dog musher in Alaska’s Denali National Park.NBC News - Feb. 21 -
Trump fires nation’s top-ranking military officer in latest job cuts
President Donald Trump fired the nation’s top-ranking military officer, the Joint Chiefs of Staff Chairman Gen. CQ Brown Jr. It’s the first of many more job cuts expected with thousands of ...NBC News - 6d -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - 3d -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - 3d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 1d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 6h -
Why the Apollo economist who coined ‘no landing’ now sees intensifying risks to the U.S. economy
Policy uncertainty is no friend to animal spirits, says a leading economist.MarketWatch - 4d -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - 6d -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - 4d -
Japanese auto sector’s $18bn Mexico bet grows risky under Trump tariff threat
New deals on pause as threatened duties undermine premise for investmentFinancial Times - 2d -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 2d -
DOGE need to be more 'targeted' and 'thoughtful' with cuts, says GOP lawmaker
Rep. Nicole Malliotakis (R-N.Y.) joins Meet the Press NOW to discuss how House Republicans plan on passing a budget resolution containing President Trump’s tax and spending priorities.NBC News - 3d -
Johnson says deal to avert shutdown will probably be 'clean,' without DOGE cuts
Speaker Mike Johnson (R-La.) said on Wednesday that a stopgap to avert a government shutdown next month is “becoming inevitable” and that it will probably be as “clean” as possible, as both sides ...The Hill - 1d -
In Trump’s Washington, a Moscow-Like Chill Takes Hold
A new administration’s efforts to pressure the news media, punish political opponents and tame the nation’s tycoons evoke the early days of President Vladimir V. Putin’s reign in Russia.The New York Times - 1d -
Trump says US will impose additional 10% tariff on China
He also said he would move ahead with 25% tariffs on imports from Mexico and Canada, which had been paused.BBC News - 22h -
Trump says Canada, China and Mexico tariffs will take effect next week
President Donald Trump said Thursday that 25% tariffs on goods imported from Canada and Mexico would go into effect Tuesday, alongside yet another 10% layer of duties on China following one that ...NBC News - 22h -
Tariff Tuesday: Trump Says He’ll Hit Mexico, Canada, and China With Duties
Citing the unchecked flow of fentanyl, he plans to levy a 25 percent tariff on most products from our northern and southern neighbors. China faces an additional 10 percent levy.Inc. - 20h -
UK-US trade deal could mean tariffs 'not necessary', says Trump
The US president says a trade deal could happen very quickly and avoid taxes on UK imports.BBC News - 18h -
Federal worker fired by Trump administration talks about losing her dream job amid major cuts
Katie Sandlin thought she landed her dream job at the NIH as an educator. She spent her life savings to move from Alabama to just outside Washington, D.C. After only a few weeks on the job, she was ...CBS News - Feb. 21 -
Jobless claims match 3-month high as Trump White House readies more federal job cuts
The number of people who applied for unemployment benefits last week matched a three-month high, possibly reflecting the first wave of what’s likely to be a flood of laid-off federal employees and ...MarketWatch - 1d -
NOAA braces for steep job cuts
{beacon} Energy & Environment Energy & Environment The Big Story NOAA set to slash jobs ‘imminently’ Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) ...The Hill - 6d -
Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase
President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...The Hill - 1d -
‘A true free-speech emergency’: alarm over Trump’s ‘chilling’ attacks on media
Warning comes as FCC, chaired by Trump ally and Project 2025 author, orders investigations into US media groups. The Trump administration is waging a “disturbing” attack on the freedom of the ...The Guardian - 4d -
Trump says he's weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency to Americans.CNBC - Feb. 20 -
Musk's new threats for federal employees asked to justify their jobs
Elon Musk posted new threats on social media to federal employees regarding an email sent by the Office of Personnel Management on weekly tasks reporting. CBS News' Olivia Rinaldi has the latest.CBS News - 3d -
U.S. Economy Under Stress, and a Behind-the-Scenes Look at DOGE
Plus, Gene Hackman’s everyman legacy.The New York Times - 1d -
Firsthand look at busiest U.S. port of entry amid tariff threats
Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the ...CBS News - 17h