Latest in Federal Reserve cuts US economic growth outlook amid Trump tariffs
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President Trump defends tariffs against allies and threatens more amid volatility in markets
President Trump is threatening a 200% tariff on alcohol from Europe in response to the EU tariff on American-made whiskey. Mr. Trump has defended the current tariffs against allies and downplayed ...CBS News - 6d -
Canadians deal with tariff threats amid Trudeau successor battle
As President Trump threatens tariffs on the Canadian dairy and lumber industry — while holding off on broader tariffs on goods covered under the USMCA until April — Canadians are also dealing with ...CBS News - Mar. 9 -
Harvard freezes hiring amid financial 'uncertainties' driven by Trump policies
Harvard University says it is freezing hiring for faculty and staff amid financial “uncertainties” driven by the Trump administration. “Universities throughout the nation face substantial financial ...The Hill - Mar. 10 -
G7 Foreign Ministers Agree on Ukraine Policy Amid Tensions Over Trump Tariffs
Secretary of State Marco Rubio found himself among allies in a fraught moment after President Trump’s tariff policies.The New York Times - 6d -
What's next for federal education funding after Trump cuts
President Trump is starting to enact his pledge to close the Department of Education. Liam Knox, a reporter for Insider Higher Ed, joins to discuss.CBS News - Mar. 12 -
Is Trump driving the US into a recession? – in charts
Warning lights are flashing on a dashboard of economic indicators as analysts grow alarmed about a ‘Trumpcession’. Prospects for the US economy have cooled significantly in a matter of months. ...The Guardian - 2d -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - Mar. 9 -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - Mar. 12 -
Stagflation fears may leave Fed’s Powell little leeway to reassure investors Wednesday
Markets are struggling to look through uncertain trade policy under President Donald Trump, with investors now turning to the Federal Reserve for some sense of how tariffs may be altering the path ...MarketWatch - 2d -
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummetNBC News - Mar. 11 -
Trump defends Elon Musk, DOGE cuts to federal workforce
President Trump defended Elon Musk and DOGE over the weekend after reported rifts between Musk and Cabinet members. CBS News White House reporter Olivia Rinaldi has more.CBS News - Mar. 10 -
Treasury Department to cut IRS taxpayer advocate staff
The Trump administration is intending to make cuts to the office of the National Taxpayer Advocate (NTA) — its third announced staffing reduction at the Internal Revenue Service that comes amid a ...The Hill - 2d -
Big Company CEOs Join Small Businesses, as Economic Confidence Wanes Amid Tariffs
A new survey of Business Roundtable CEOs mirrors earlier drops in small-business confidence.Inc. - Mar. 13 -
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 - Mar. 12 -
Americans confront GOP lawmakers over federal job cuts and economy at town halls
Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...CBS News - 6d -
Mexico hopes to stave off Trump tariffs
Economic and political consequences of the end of free trade could be devastatingFinancial Times - 1d -
Trump administration cuts export office staff amid escalating trade war
The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...The Hill - Mar. 13 -
Auto suppliers face more dire circumstances than automakers amid Trump tariffs
Auto suppliers face more dire circumstances than automakers over President Donald Trump's tariffs, but their problems could quickly impact the broader industry.CNBC - 1d -
Trump threatens 200% tariff on EU liquor; US stocks continue to fall
Recession fears are growing as President Donald Trump is threatening to impose 200 percent tariffs on alcohol from the European Union, sending stocks plunging yet again. "I'm not going to bend at ...NBC News - 6d -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - Mar. 10 -
Judge orders 6 federal agencies to offer to reinstate fired probationary employees
A federal judge has ordered six federal agencies to offer to reinstate probationary employees who were fired as part of the Trump administration's cuts through the Office of Personnel Management. ...CBS News - Mar. 13 -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - Mar. 10 -
Ireland urged to ‘wake up’ as Trump exposes economic reliance on the US
Economy faces ‘frog in a pot’ problem unless infrastructure and innovation improve urgentlyFinancial Times - Mar. 10 -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 2d -
How federal lands can be used to ease the housing crisis
President Trump's pledge to open up federal land for housing construction could alleviate the housing market's top financial worry, which is inflation, by making homeownership more affordable.The Hill - Mar. 10 -
Auto suppliers face more dire circumstances than automakers amid Trump tariffs
DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive suppliers harder than automakers, but their problems could quickly have ripple effects on ...NBC News - 1d -
Most say Trump too erratic in economic moves: Survey
Most Americans think President Trump is too “erratic” in implementing his trade agenda as he slaps tariffs onto the country's top trading partners and they want him to combat high prices, according ...The Hill - Mar. 13 -
Trump administration sends a clear message to the oil and gas industry: 'You're the customer'
The officials leading Trump's energy agenda downplayed climate change and called for more energy production to support economic growth and national security.CNBC - 5d -
Judge blocks Trump administration plan to cut millions for teacher training
Eight states had requested a temporary restraining order, which judge granted saying ‘programs ... will be gutted’ . A federal judge in Boston on Tuesday blocked the Trump administration’s plan to ...The Guardian - Mar. 12 -
Why the Arabic ‘Sesame Street’ and Other Cuts Are Not Really About Fraud
As President Trump and Elon Musk cut federal programs, they often equate political and policy differences with corruption.The New York Times - 4d -
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.The New York Times - Mar. 13 -
Trump’s Cuts to Federal Work Force Push Out Young Employees
The loss of early career workers has raised concerns about the impact on the next generation of civil servants.The New York Times - Mar. 6 -
US lumber prices slide on Trump’s Canadian tariffs delay
Futures close to record high after US orders investigation into dumping practicesFinancial Times - Mar. 9 -
Lummis introduces bill to create bitcoin strategic reserve
Sen. Cynthia Lummis (R-Wyo.) reintroduced legislation Tuesday to create a bitcoin strategic reserve, seeking to codify President Trump’s executive order last week establishing a reserve. The bill, ...The Hill - Mar. 11 -
Canada Turns to European Allies Amid Trump Threats
Days after becoming prime minister, Mark Carney visited Paris and London to highlight deep European friendships as his country fights back against President Trump’s tariffs and annexation talk.The New York Times - 3d -
Europe courts US scientists fleeing Trump crackdown
Cambridge university among institutions seeing chance to hire talent unsettled by US spending cutsFinancial Times - 3d -
Teachers protest cuts to education funding
Teachers across the country are protesting against federal cuts in education. This comes as President Trump signed an executive order to dismantle the Department of Education. NBC News' Morgan ...NBC News - 7h -
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 - Mar. 11 -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - Mar. 7