Latest in Stocks slump on Trump tariff fears, job cuts
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Stocks slump on Trump tariff fears, job cuts
The stock market sunk after the opening bell Thursday amid deepening fears about the potential damage President Trump's new tariffs could do to a weakening economy. All three major indexes kicked ...The Hill - 6h -
Stocks Slump as Trump Tariffs Take Effect
Wall Street has wiped out the gains made since President Trump’s election victory, as investors’ hopes of business-friendly policies have given way to fears over tariffs.The New York Times - 1d -
US stocks erase post-election gains on Trump tariff fears
President’s protectionist moves spark concerns about retaliation and damage from escalating trade warFinancial Times - 2d -
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 - 6d -
Wall Street slumps after Trump says tariffs will begin on March 4
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.CBS News - 2d -
Stock markets fall after US tariffs spark trade war fears
Stock markets in the US, Asia and the UK dip after Trump tariffs kicked in and spark retaliation.BBC News - 2d -
Trump’s Tariffs Hit Stock Markets
Global leaders are retaliating and investors have sold off stocks in Asia and Europe.The New York Times - 2d -
Major VA job cuts planned under Trump
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Major VA job cuts planned under Trump The Department of ...The Hill - 20h -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - Feb. 27 -
FirstFT: Trump tariffs hit global stock markets
Also in today’s newsletter, US suspends Ukraine military aid and global government borrowing set to hit recordFinancial Times - 2d -
Trudeau slams Trump's tariffs as stocks plunge
Canadian Prime Minister Justin Trudeau is calling out President Trump's tariffs levied. This comes as the stock markets show signs of panic among investors over the tariffs. CBS News' Lana Zak has ...CBS News - 2d -
Stocks tumble after Trump tariffs take effect
The Trump administration's long-promised tariffs took hold on Tuesday.ABC News - 1d -
Stagflation fears rise as Trump tariffs take effect, economy slows
Among consumers, long-run inflation expectations are at their highest level in almost 30 years while general sentiment is seeing multi-year lows.NBC News - 2d -
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.CNBC - 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, 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 - 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 - Feb. 22 -
Beneath Yosemite’s Beauty, Anger and Anxiety Over Trump’s Job Cuts
Tensions over cost-cutting and maintaining Yosemite have been building, as fired federal workers stage protests at the country’s third-oldest national park.The New York Times - 5d -
Trump administration plans to cut 80,000 jobs from VA
The Department of Veterans Affairs (VA) is planning to cut 80,000 jobs as part of an “aggressive” reorganization of the agency this summer, according to The Associated Press, which cited an ...The Hill - 1d -
Target warns Trump’s tariffs could cut into profits
Big-box US retailer says it expects ‘meaningful year-over-year profit pressure’ in first quarterFinancial Times - 2d -
VA plans to cut thousands more jobs as part of Trump's cost-cutting efforts
A memo from the Department of Veterans Affairs' chief of staff said the agency aims to return its workforce to just under 400,000 employees.CBS News - 23h -
Op-ed: Tesla's stock slump is a glimpse of the future of the multinational corporation, and it's not good
U.S. corporations are now viewed abroad as extensions of Trump's American foreign policy, exposing them to backlash. The market damage will get worse yet.CNBC - Feb. 25 -
We're initiating a position in a catalyst-rich stock and buying more of a slumping name
We're taking advantage of the market pullback and putting more cash to work.CNBC - 4h -
Jim Cramer lists stocks that could withstand the impact of Trump's tariffs
CNBC's Jim Cramer on Thursday opined on the market instability caused by some of President Donald Trump's tariff decisions.CNBC - 6d -
Stocks fall after Trump confirms Mexico, Canada tariffs are set to begin
Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 3d -
Stocks tumble after Trump says long-threatened tariffs are coming
Investors dumped stocks on Wall Street late Monday after President Donald Trump said his threatened tariffs on Canada and Mexico would go forward as planned early Tuesday.NBC News - 3d -
Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans
The S&P 500 fell 1.8 percent on Monday after President Trump doubled down on plans to impose 25 percent tariffs on Canada and Mexico starting Tuesday.The New York Times - 2d -
The Stock Market Is Suddenly Treating Trump’s Tariffs Like a Real Threat
The S&P 500 just had its worst day of 2025.Inc. - 2d -
Bank stocks are down big on Trump tariffs. It’s time to get into one of them
Shares of American banks sank as President Donald Trump's tariffs went into effect on key trade partners.CNBC - 2d -
How will Trump justify the stocks plunge reacting to his tariffs?
President Trump is set to address both chambers of Congress as his tariffs spook investors and drive down stocks. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 2d -
Stocks drop over concerns of a trade war sparked by Trump's tariffs
Concern is growing over the impact of President Donald Trump’s trade war against the United States’ three most important trading partners: Mexico, Canada and China, who are all vowing to retaliate. ...NBC News - 1d -
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 - Feb. 21 -
Trump says a 'little disturbance' from tariffs is OK, as markets reel from trade war fears
President Donald Trump conceded before a joint session of Congress that his steep new tariffs will cause "a little disturbance."CNBC - 1d -
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices “over the next couple of days.”Inc. - 2d -
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 - Feb. 21 -
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 - Feb. 27 -
Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 1d -
Trump's tariffs could quickly cut North American auto production by a third
A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.CNBC - 2d -
Trump will 'probably' cut Mexico and Canada tariffs - US commerce chief
Canada's Minister of Foreign Affairs told the BBC's Newsnight her office had not been contacted about the plan.BBC News - 1d -
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