Latest in Trump doubles down on Fed rate cut pressure
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Trump buys Tesla to 'make a statement' about Musk backlash
President Trump said Tuesday he was buying a Tesla vehicle as he doubled down on his support of Elon Musk, who has come under mounting scrutiny for leading the Trump administration's government ...The Hill - Mar. 11 -
White House rips Dems, condemns attacks on Teslas
The White House on Wednesday condemned Democrats for not speaking out about attacks on Tesla dealerships and cars, doubling down on the Trump administration’s criticism over the recent targeting of ...The Hill - 2d -
Jason Dickinson And Alex Vlasic Feel Pressure To Be Better
After the Chicago Blackhawks' loss to the Seattle Kraken on Tuesday night, the vibes were down. This is their fifth loss in a row, and the end of the slump doesn’t appear to be in sight.Yahoo Sports - 2d -
3/12: CBS Evening News
Mom worries about daughter with Down Syndrome after Education Department cuts; Trump critic wins Greenland electionCBS News - 5d -
Keir Starmer’s poll ratings leap after Trump withdraws support for Ukraine
Around 30% of voters say they prefer Labour for dealing with ‘allies against threats to the UK’ in boost to party leader. Keir Starmer’s approval ratings have shot up since Donald Trump returned to ...The Guardian - Mar. 8 -
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Brighton eye historic double over Man City: Guardiola’s side under pressure in race for Champions League
Manchester City are running out of time to secure Champions League football, but the path is anything but straightforward.Last weekend’s defeat at Nottingham Forest was another reminder of how ...Yahoo Sports - Mar. 14 -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.CNBC - Mar. 12 -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane. See how actions taken by your central bank affect youFinancial Times - 2d -
Musk says DOGE is in almost every federal agency and plans to double staff
Trump adviser and tech billionaire Elon Musk said Monday that he plans to double the size of his staff in the Department of Government Efficiency, which he noted is already working inside nearly ...NBC News - Mar. 10 -
The C.F.P.B. Remains Alive as the Trump Administration Tries to Shut it Down
Court orders have paused, and at times reversed, the Trump administration’s efforts to shut down the consumer watchdog agency.The New York Times - 6d -
Andrew Luck has "doubled down" in support of Troy Taylor
Publicly, Stanford football G.M.Yahoo Sports - 1h -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - Mar. 10 -
Trump tariffs partly to blame for inflation: Fed chair
"We are not in a hurry," Federal Reserve Chair Jerome Powell said earlier this month.ABC News - 2d -
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 2d -
When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.The New York Times - Mar. 10 -
Congress keeps a distance on Trump’s tariff rate disputes
President Trump's tariffs on Canada and Mexico, as well as his exemption of North American trade agreement-protected goods, has led to a hands-off approach from Congress, which has been reluctant ...The Hill - Mar. 13 -
Israeli Energy Minister Cuts Off Electricity to Gaza
The move, which will mainly affect a single wastewater treatment plant, appeared intended to put pressure on Hamas.The New York Times - Mar. 9 -
France win Six Nations title after Moefana’s double sinks Scotland
France 35-16 Scotland Bielle-Biarrey and Ramos also score tries in victory In the end, no arguments. England may have done all they could to put France under some pressure – and Scotland went on ...The Guardian - 6d -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - Mar. 12 -
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 -
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.CNBC - 3d -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - Mar. 12 -
The Fed’s interest-rate pause has a silver lining for worried Americans — if they make this move
Consumers are increasingly concerned about their jobs and their access to credit as recession fears loom.MarketWatch - 1d -
Trump set to nominate Michelle Bowman as Fed’s top bank supervisor
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.MarketWatch - Mar. 12 -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - Mar. 14 -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - Mar. 6 -
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 -
Will the Federal Reserve speed up US rate cuts this year?
Market Questions is the FT’s guide to the week aheadFinancial Times - 6d -
New lawsuit alleges Education Department's Office for Civil Rights cannot fulfill responsibilities after cuts
A lawsuit filed Friday alleges the Department of Education's Office for Civil Rights (OCR) is unable to fulfill its mandated obligations due to the Trump administration's changes as it seeks to ...The Hill - Mar. 14 -
Trump Doubles Tariffs on Canada’s Steel and Aluminum
Small manufacturers in the U.S. will likely be hurt by resulting cost increases. The president is unmoved.Inc. - Mar. 11 -
Stock-market bulls abandoned by Trump won’t be saved by Jerome Powell and the Fed
President Donald Trump signaled to stock-market investors last week that they’re on their own. Federal Reserve Chair Jerome Powell will likely deliver a similar message when monetary policymakers ...MarketWatch - 5d -
Morning Report — Trump, Fed split over tariff outlook and economy
In today’s issue: President Trump and allies revel in assertive decision making that keeps friends and foes off balance, even if resulting uncertainty turns out to be a drag on U.S. growth this ...The Hill - 2d -
Internal USAID list provides snapshot of Trump cuts
A nearly 400-page list provided to Congress may give rare insight into the scope of Secretary of State Marco Rubio’s cuts to the U.S. Agency for International Development (USAID), which have ...The Hill - 1d -
Stand up for Science rallies protesting Trump cuts held across U.S.
Thousands of people, including researchers, scientists, medical professionals and cancer survivors rallied across the U.S. in protest of the Trump Administration’s firings, budget and grants cuts ...NBC News - Mar. 8 -
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 -
Trump's cuts to Voice of America may be welcomed by China's government
The recent move by U.S. President Donald Trump to make cuts at Voice of America and other U.S. government-run media may be welcome news for China’s ruling Communist PartyABC News - 3d -
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made permanent and not simply extended. In response to an inquiry from House ...The Hill - 18h -
Columbia agrees to Trump administration's demands after funding cut
Columbia University said Friday it has agreed to a list of demands from the Trump administration as it seeks to begin talks to restore $400 million in federal funding. After the administration cut ...The Hill - 16h -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12