Latest in Global stock markets register heavy falls as White House tries to talk up Trump tariffs
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Bitcoin falls to November low under $80,000 on heightened recession fears
Bitcoin slipped under the $80,000 level on Monday, dragged by the continued selling pressure in the equities market.CNBC - 2d -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 2d -
Trump administration halting $1B affordable housing preservation program: Report
The Department of Housing and Urban Development (HUD) has terminated its $1 billion Green and Resilient Retrofit Program, which funds renovation projects at affordable housing units across the ...The Hill - 17h -
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum
Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce a 25 percent tariff on steel and aluminum, which went into effect Wednesday. ...The Hill - 20h -
House Republicans pass bill to avert government shutdown
The House on Tuesday passed a funding bill to avert an end-of-the-week government shutdown, teeing up the measure for consideration in the Senate. The chamber cleared the continuing resolution (CR) ...The Hill - 1d -
Europe Retaliates Against Trump’s Tariffs as Trade Fight Widens
The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.The New York Times - 21h -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 15h -
Trump Has Said ‘No Exceptions’ to His Tariffs. Will That Last?
His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to resist making deals.The New York Times - 2d -
How House Republicans plan to keep the government funded
President Trump is endorsing a House Republican plan to keep the government funded until September through a continuing resolution. CBS News' Taurean Small reports.CBS News - 2d -
Lawyer Appointed in Adams Case Says Charges Should Be Dropped
Paul D. Clement also said a judge should not allow the Trump administration to use the court’s authority to compel Mr. Adams’s support in the White House’s mass deportation efforts.The New York Times - 5d -
Fiona Hill says decision to stop sharing intelligence with Ukraine has "emboldened Russia"
Fiona Hill, who served as a top National Security Council official in the first Trump administration, tells "Face the Nation with Margaret Brennan" that the White House's decision to stop sharing ...CBS News - 3d -
Gun-violence prevention programs may be caught in federal funding crossfire
Hospital-based violence intervention programs have operated in the U.S. since the mid-1990s, but recent moves by the Trump White House are raising anxiety about the programs' future.CBS News - 3d -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 4d -
Europe and Canada retaliate against Trump’s steel and aluminum tariffs
President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping ...NBC News - 11h -
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 - 2d -
Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.CNBC - 2d -
Trump’s 25% tariffs on steel and aluminum imports take effect, Europe retaliates
The European Union announced countermeasures targeting the U.S. after President Donald Trump's 25% tariffs on steel and aluminum imports came into effect.CNBC - 1d -
Trump reacts to European Union slapping tariffs on U.S. goods
President Trump reacted to news of the European Union's retaliatory tariffs on U.S. goods set to take effect in April. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 15h -
Counter-counter-tariffs? Trump threatens to hit back against EU's retaliation
U.S. President Donald Trump threatened Wednesday to hit back against Europe's own retaliatory move against the U.S.' 25% tariffs on steel and aluminum imports.CNBC - 54m -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 1d -
Trump will not impose 50% Canadian steel, aluminum tariffs tomorrow, says top trade advisor
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will "substantially increase" auto import tariffs next month.CNBC - 1d -
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...The Hill - 1d -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - 1d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 2d -
Who will EU, Canada's retaliatory tariffs impact the most?
President Trump is moving full speed ahead on tariffs. The administration imposed a 25% tariff on Wednesday on all steel and aluminum imports, and the response from America's allies has been swift. ...CBS News - 11h -
China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.The New York Times - 5d -
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 - 17h -
Zelensky to Meet With Saudi Crown Prince Before U.S.-Ukraine Talks
The Ukrainian president is trying to secure a favorable deal to end his country’s war with Russia. Saudi Arabia has emerged as a host to talks that the Trump administration is pursuing with Moscow ...The New York Times - 2d -
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 2d -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - 2d -
The making of Elon Musk: how did his childhood in apartheid South Africa shape him?
The billionaire and now Trump adviser grew up amid the collapse of white rule, attending an all-white school and then a more liberal one. With an imposing double-winged redbrick main building, and ...The Guardian - 2d -
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.CNBC - 5d -
How daylight saving’s ‘spring forward’ might have caused stocks to fall back
What happens to investors when daylight-saving time kicks in?MarketWatch - 2d -
Uzo Aduba takes the lead in Netflix murder mystery "The Residence"
Three-time Emmy winner Uzo Aduba stars as Cordelia Cupp, a fearless detective investigating a White House murder in Netflix's new series "The Residence." With Shonda Rhimes as an executive ...CBS News - 20h -
Dow drops 600 points as Trump escalates trade war with Canada
S&P 500 dips tentative toe into correction mode, following in the footsteps of the tech-heavy Nasdaq Composite.CBS News - 1d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 4d -
Lutnick defends Trump tariffs: ‘This is the way you run the country’
Commerce Sec. Howard Lutnick defended President Trump’s approach to tariffs, saying on Sunday the president is focused on stopping fentanyl from entering the country and is actively engaging with ...The Hill - 3d -
Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - 3d -
Local businesses grapple with Trump's tariffs as G7 envoys meet in Canada
DRUMMONDVILLE, Canada — Fury over President Donald Trump’s steel and aluminum tariffs is fueling growing anxiety across Canada — especially in this working-class Quebec city where some 18% of local ...NBC News - 14h -
Kentucky bourbon maker says Trump tariffs immediately impacted his business
President Trump's 25% tariffs on all imported steel and aluminum have taken effect. Victor Yarbrough, CEO of Brough Brothers Distillery, the first African American-owned distillery in Kentucky, ...CBS News - 10h