Fed keeps rates unchanged as Trump tariffs, economic concerns loom

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 - Mar. 13

Jerome Powell delivers remarks on interest rate decision

Watch live coverage as Fed chair Jerome Powell delivers remarks on the next interest rate decision. It is the first decision of the Trump administration.

NBC News - 1d

Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead

The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” uncertainty into the outlook.

The New York Times - 1d

Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.

Investors are concerned about delayed AI features and the looming threat of tariffs.

MarketWatch - Mar. 10

Americans increasingly worried about tariffs despite Trump’s assurances, new poll shows

Exclusive: 90% of Democrats, 57% of Republicans are worried about tariffs, with similar concerns about recession. Never miss global breaking news. Download our free app to keep up with key ...

The Guardian - 3d

Can Trump's tariff threats have an economic impact before they're imposed?

President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff ...

CBS News - Mar. 13

Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control

The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.

CNBC - 1d

Elon Musk's carmaker Tesla raises concern over Trump tariffs

The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.

BBC News - 6d

US shoppers cut spending as economic outlook concerns mount

Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economy

Financial Times - 4d

Trump’s Policies Have Shaken a Once-Solid Economic Outlook

Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.

The New York Times - Mar. 10

The U.S.-Canada trade war could signal a shift in economic ties, experts say

The U.S.-Canada trade war could shift economic ties as tariffs rise and tensions grow, raising concerns about future trade stability, experts say.

CNBC - 6d

Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates

A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...

The Guardian - 4d

Treasury yields end higher Friday, but finish week largely unchanged ahead of Fed meeting

Bond yields ended higher Friday, but were nearly unchanged for the week, as traders awaited next week’s Federal Reserve policy meeting.

MarketWatch - 6d

Trump on if he's expecting recession this year: 'I hate to predict things like that'

President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...

The Hill - Mar. 9

Trump’s Unpredictable Tariffs Cloud Europe’s Economic Outlook

The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.

The New York Times - Mar. 12

Maryland Gov. highlights concern for trade after Trump’s 'erratic' behavior

Maryland Gov. Wes Moore (D) highlighted his concern for trade in his state after President Trump’s tariffs went into effect, calling his behavior “erratic.” Moore joined CBS News’s “Face the ...

The Hill - 4d

‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.

Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...

NBC News - Mar. 12

Trump's approval dips amid concerns over economy: Poll

President Trump’s approval rating has dropped a few points since he first took office, with voters increasingly expressing concerns over the state of the economy, according to a new poll. The ...

The Hill - Mar. 11

Trump's tariffs are keeping some Canadians away from the U.S.

President Trump's tariffs are frustrating Canadians who like to spend their winter in the U.S. This comes as the trade war appears to grow. David Akin, the chief political correspondent for Global ...

CBS News - Mar. 12

U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth

"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.

CNBC - 3d

Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation

Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.

CBS News - Mar. 12

Trump tariffs partly to blame for inflation: Fed chair

"We are not in a hurry," Federal Reserve Chair Jerome Powell said earlier this month.

ABC News - 1d

Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms

Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...

The Guardian - Mar. 11

Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs

President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the markets.

CNBC - 3d

Why HELOC borrowers shouldn't wait for more Fed rate cuts to borrow their home equity

If you're a homeowner considering borrowing with a HELOC, waiting for Fed rate cuts may not make sense. Here's why.

CBS News - 2d

Bill O'Reilly: Trump should be 'looking to reassure Americans' on economy

Former Fox News host Bill O'Reilly believes President Trump should be concerned about getting his economic message across as Americans face the rocky impact of his tariff policies and continued ...

The Hill - Mar. 11

Airline stocks fall as possible economic 'soft patch' raises demand concerns

U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.

NBC News - Mar. 11

Trump keeps talking about making Canada the 51st state. Is he serious?

President Donald Trump continued to belittle Canada and threaten it with joining the United States as the economic war with the country continued.

ABC News - Mar. 13

How Trump’s Tariffs Affect U.S. Farmers

Retaliatory tariffs are hitting U.S. farmers hard, particularly in states that voted for Trump. Ana Swanson, an Iowa native who covers trade and international economics for The New York Times, ...

The New York Times - 5d

Trump rejects pleas from business for more clarity on tariffs: 'They always say that'

Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.

CNBC - Mar. 10

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 - Mar. 12

Morning Report — Trump stirs economic uncertainty

In today’s issue: President Trump marked 50 days in office Monday confronting a grim report card that raised new doubts about his tariff policy and his theory that chaos improves leadership ...

The Hill - Mar. 11

Johnson, House GOP dismiss market turmoil in defending Trump tariff policies

House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.

ABC News - Mar. 11

Tesla, in a letter, tells Trump administration it's worried about tariffs

In a letter to Trump officials, Tesla raised concerns about the president's tariffs -- but it's unclear if CEO Elon Musk was personally involved in sending the letter.

ABC News - 6d

Explaining the stock market uncertainty amid tariff back-and-forths with Canada

Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...

CBS News - Mar. 11

'See you in four years': Canada flexes economic muscle as tariff negotiations continue

Trump's plans for tariffs and comments about Canada becoming a state has enraged the country's consumers and politicians.

CNBC - 3d

Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year

The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December.

CNBC - 16h