Latest in Trump Trade Policies and Federal Cuts Shake Consumer Confidence
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Trump Trade Policies and Federal Cuts Shake Consumer Confidence
The level in the Conference Board’s latest monthly survey was the lowest since January 2021.The New York Times - 3d -
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - Mar. 12 -
Canadian PM says trade war is hurting Americans, noting consumer confidence
Canadian Prime Minister Mark Carney says U.S. President Donald Trump’s auto tariffs are a “direct attack” on his country and says the trade war is hurting Americans, noting that American consumer ...ABC News - 2d -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - Mar. 14 -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - Mar. 7 -
Carney: Trump trade war ‘hurting American consumers and workers’
Canadian Prime Minister Mark Carney said he thinks President Trump’s tariffs and trade war are going to hurt American consumers and workers. “His trade war is hurting American consumers and workers ...The Hill - 2d -
Columbia Agrees to Trump’s Demands After Federal Funds Are Stripped
The administration has moved to cut $400 million in federal funding to the university without changes to its policies and rules.The New York Times - Mar. 22 -
Britons cutting back on spending as confidence in economy falls, survey shows
Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement. Consumers are cutting back spending on everyday items amid falling confidence ...The Guardian - 4d -
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 - Mar. 16 -
Trump presses Federal Reserve to cut rates
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING ...The Hill - Mar. 20 -
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 - Mar. 17 -
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 - Mar. 14 -
Is a US recession inevitable?
Trump’s on-again, off-again trade war is creating market uncertainty and sending consumer confidence plummetingFinancial Times - Mar. 14 -
The Word Executives Are Using to Describe Trump’s Tariff Policy
Trade policy is “fluid” right now, and corporate America is trying to keep up with it.The New York Times - Mar. 19 -
How consumers can protect their finances as federal safeguards crumble
As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up their own defenses around their money.NBC News - Mar. 11 -
Consumer sentiment plunges on worries about tariffs and inflation
Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.CBS News - Mar. 14 -
Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.CBS News - 3d -
Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.CBS News - 3d -
Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.CBS News - 3d -
Another federal judge blocks Trump policy banning transgender troops in the military
A U.S. judge in Washington state has blocked enforcement of President Donald Trump’s order banning transgender people from serving in the military, the second nationwide injunction against the ...NBC News - 23h -
Another federal judge blocks Trump policy banning transgender troops in the military
A U.S. judge in Washington state has blocked enforcement of President Donald Trump’s order banning transgender people from serving in the military, the second nationwide injunction against the ...NBC News - 23h -
Another federal judge blocks Trump policy banning transgender troops in the military
A U.S. judge in Washington state has blocked enforcement of President Donald Trump’s order banning transgender people from serving in the military, the second nationwide injunction against the ...NBC News - 23h -
Trump's war on Biden's climate policy is creating a new form of EV range anxiety
EV charging companies are fundamental to adoption of electrical vehicles. As President Trump seeks federal funding cuts for EVs, the industry is under threat.CNBC - Mar. 17 -
Trump administration pauses $175M in funding to UPenn over trans athlete policy
The Trump administration is pausing $175 million in federal funding to the University of Pennsylvania over its transgender athlete policies.NBC News - Mar. 19 -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - Mar. 12 -
Consumer confidence in where the economy is headed hits 12-year low
Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade.CNBC - 3d -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - Mar. 14 -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - Mar. 18 -
Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - Mar. 19 -
House Democrats launch investigation of DHS ads on Trump immigration policies
House Democrats are launching an investigation into an ad campaign from the Trump administration on its immigration policies, saying it may have violated federal spending guidelines by promoting ...The Hill - Mar. 21 -
Federal Cuts Prompt Johns Hopkins to Cut More Than 2,000 Workers
The university, a leader in scientific research, has been hard hit by the Trump administration’s cuts, which will slash at least $800 million from its budget.The New York Times - Mar. 13 -
Trump Policies May Endanger Fishing Industry
The fishing industry relies on the federal government.Inc. - 5d -
Trump fires both Democrats on the Federal Trade Commission
Commissioners Alvaro Bedoya and Rebecca Kelly Slaughter said they were illegally terminated by President Donald Trump. They plan to sue to reverse their firings.NBC News - Mar. 18 -
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 -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - Mar. 10 -
Jamie Dimon on Trump tariff policy: 'Uncertainty is not a good thing'
JPMorgan Chase CEO Jamie Dimon acknowledged President Trump’s tariff policy is causing uncertainty for businesses, which is “not a good thing.” “I don’t think the average American consumer who ...The Hill - Mar. 13 -
Second judge blocks Trump policy banning transgender service members
A federal judge in Washington state on Thursday blocked enforcement of President Trump’s order to bar transgender troops from serving openly in the military, the second to halt the policy from ...The Hill - 21h -
Second judge blocks Trump policy banning transgender service members
A federal judge in Washington state on Thursday blocked enforcement of President Trump’s order to bar transgender troops from serving openly in the military, the second judge to halt the policy ...The Hill - 21h -
'Diversity is not illegal': Women in skilled trades brace for Trump's DEI rollbacks
President Donald Trump's moves to curtail DEI policies create a particularly fraught environment for women in skilled trades, advocates say.CNBC - 1d -
Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending
The revised revenue projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.The New York Times - Mar. 11