Latest in Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
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Trump lauds 'very good funding bill' after House GOP unveils CR
President Trump was quick to throw his support behind the House GOP's stopgap funding bill Saturday afternoon, calling it a "very good funding bill." "The House and Senate have put together, under ...The Hill - 3d -
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 - 13h -
Is the US really heading into a recession?
Stock market falls, tariffs and other changes are reigniting fear of economic downturn in the US.BBC News - 1h -
House GOP blocks Democrats from forcing vote on repealing Trump tariffs
House Republicans on Tuesday approved a provision that would prevent Democrats from forcing votes for the remainder of the year on repealing recent tariffs implemented by President Trump. It ...The Hill - 17h -
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 - 3h -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 2d -
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 - 2d -
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 - 1d -
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 - 7h -
Grief and anger over rail disaster brings protests back to Greece’s streets
Kyriakos Mitsotakis survives vote of confidence but sense of a cover-up grows two years after 57 died in head-on collision. Until recently, Kyriakos Mitsotakis, the Greek prime minister, appeared ...The Guardian - 3d -
Canada to impose 25% tariffs on nearly $30bn in US imports as trade war flares – live
Canadian foreign minister condemns ‘unjustified’ trade war and condemns ‘Trump’s talks of annexing our country through economic coercion’ . Congressional brinkmanship, including repeated ...The Guardian - 14m -
Stephen Miller defends Trump on possible recession: Not our job to make 'prognostications'
White House deputy chief of staff Stephen Miller defended President Trump’s response to questions about a possible recession over the weekend and said it wasn’t the president’s job to forecast ...The Hill - 1d -
Ontario Premier Doug Ford talks tariffs on Canadian energy
Ontario Premier Doug Ford spoke with NBC News' Tom Llamas about his decision to impose a 25% tariff on Canadian electricity exports to three U.S. states in response to U.S. President Donald Trump's ...NBC News - 1d -
Labour ministers yet to hold talks over Abramovich funds
Funds worth £2.5bn - meant to help Ukrainians - remain frozen in a UK bank account over a row about how to use them.BBC News - 4d -
Eye Opener: President Trump declines to rule out possible recession
President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...CBS News - 2d -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - 1d -
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 - 4d -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 1d -
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 1d -
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 16m -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - 18h -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.The New York Times - 5d -
House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - 16h -
25% tariffs on all steel and aluminum imports to U.S. take effect
President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie ...CBS News - 2h -
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...The Hill - 2h -
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 - 3d -
Is the US headed toward a recession?
{beacon} 12:30 REPORT It’s Monday. Who else cannot stop trying to mimic Parker Posey’s accent in this season of “The White Lotus?” This clip of Posey on NBC’s “Today” is all over my social media ...The Hill - 1d -
More than 30 nations will participate in Paris planning talks on a security force for Ukraine
Military officials from more than 30 nations are expected to take part in Paris talks on the creation of an international security force for UkraineABC News - 2d -
China’s Tariffs on U.S. Agricultural Products Take Effect
The action came in response to the higher levies on Chinese imports that President Trump announced last week.The New York Times - 2d -
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 - 1d -
WATCH: Golden retriever takes 'retriever' identity very seriously
Brooks the golden retriever loves collecting sticks and is determined to carry a massive stick home through the streets of Charleston, South Carolina.ABC News - 6d -
Will a collection agency sue over a $5,000 debt?
Debt collectors have the right to sue you over unpaid debts, but they won't always take that route.CBS News - 1d -
GOP senator knocks 'false' Tucker Carlson allegation he's fighting against JFK assassination files release
Sen. Tom Cotton (R-Ark.) is denying an accusation from conservative pundit Tucker Carlson that he worked to block the release of sensitive government information related to the assassination of ...The Hill - 1d -
Iran’s top leader rejects talks with the US over missile range, regional influence
Iran’s Supreme Leader Ayatollah Ali Khamenei says he rejects a U.S. push for talks between the two countries because they would be aimed at imposing restrictions on Iranian missile range and its ...ABC News - 3d -
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 - 1d -
Israel to resume Hamas talks for first time since Trump took office
Mediated negotiations in Doha take place after blockade on Gaza reimposedFinancial Times - 3d -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - 17h -
What to know after Monday's market downturn
Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by ...CBS News - 1d -
Martin Wolf talks to Keyu Jin: Has China’s economy run out of gas?
The property crash and trade war are taking their tollFinancial Times - 2d