Latest in U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
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Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."CNBC - 3d -
This could be the start of a $1 trillion shift away from U.S. stocks, regardless of what Americans do
Foreign investors reallocating money away from the U.S. could fuel a $1 trillion sell order on U.S. equities, a UBS strategist said Friday.MarketWatch - 1d -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 3d -
Consider these global ETFs as Trump’s tariffs push the world away from the U.S.
Market strategist Keith McCullough: Stock markets in Europe and Asia will be stronger than the U.S.MarketWatch - 1d -
Guinness sees a resurgence as more Americans consume the Irish stout
Guinness is experiencing a surge in popularity across the U.S., with more Americans embracing the iconic Irish stout just in time for St. Patrick's Day celebrations.CBS News - 23h -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - 3d -
U.S. stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.MarketWatch - 5d -
Why this Wall Street strategist says investors should stick with U.S. stocks despite recession fears
Oppenheimer’s John Stoltzfus, the most bullish strategist on Wall Street with a target for the S&P 500 to hit 7,100 by the end of 2025, is standing firm, even as other strategists have cut their ...MarketWatch - 1d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 5d -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - 1d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 4d -
Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - 4d -
Wall Street Sinks as Recession Fears Loom
Last week’s steep sell-off resumed, with all three major U.S. indexes suffering sharp declines.Inc. - 4d -
AI Thinks It Cracked Kryptos. The Artist Behind It Says No Chance
Jim Sanborn’s inbox is flooded with amateur cryptographers who say they’ve cracked the code with chatbots like Grok 3.Wired - Mar. 7 -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 2d -
"Super pigs" cause chaos along U.S.-Canada border
The U.S. border with Canada is under new scrutiny, with both countries focusing on increased migration and drug and weapons smuggling. But farmers and ranchers have another concern: So-called ...CBS News - Mar. 8 -
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 - 3d -
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.CNBC - 23h -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...The Guardian - 5d -
Trump threatens 200% tariff on European wine and Champagne
The president threatened to take retaliatory action in response to EU tariffs on U.S.-made whiskey.CBS News - 2d -
Stocks sink as investors fret over volley of tariffs
U.S. stocks resume slide as President Trump threatens to hit the European Union with 200% tariff.CBS News - 1d -
'Maximum pressure': U.S. and Canada's clash over tariffs overshadows G7 meeting
Secretary of State Marco Rubio denied the U.S. was in a trade war Friday as he wrapped up his trip to a meeting of top diplomats from the G7 industrialized democracies.NBC News - 20h -
Trump threatens 200% tariff on EU liquor; US stocks continue to fall
Recession fears are growing as President Donald Trump is threatening to impose 200 percent tariffs on alcohol from the European Union, sending stocks plunging yet again. "I'm not going to bend at ...NBC News - 1d -
Trump administration's climate rollbacks spark concerns over environmental fallout
The Trump administration is moving forward with what EPA Administrator Lee Zeldin calls the "largest deregulatory action in U.S. history," aiming to undo 31 environmental regulations. The changes ...CBS News - 1d -
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 - 4d -
Tesla warns that Trump's trade war could hurt U.S. automakers
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.CBS News - 21h -
North Korea fires ballistic missiles after U.S., South start annual drills
North Korea fired several ballistic missiles into the sea after South Korean and U.S. troops began their large annual combined drills, Seoul said.CBS News - 5d -
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 - 5d -
Australia won't retaliate against 'unjustified' US tariffs on steel and aluminum
Australian Prime Minister Anthony Albanese says U.S. tariffs on Australian steel and aluminum are unjustified, but his government will not retaliate with its own tariffsABC News - 3d -
Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said CEO Todd Vasos.CNBC - 2d -
U.S., Ukrainian officials begin talks in Saudi Arabia
U.S. and Ukrainian officials have started high-level, face-to-face talks in Saudi Arabia aimed at bringing an end to the war between Ukraine and Russia. CBS News senior foreign correspondent Holly ...CBS News - 4d -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - 5d -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - 5d -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - 2d -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1d -
Intern of the Jedi: film sector turns to franchise favourites in effort to woo talent
Careers fair at Pinewood is among initiatives to lure young to an industry hit by cost inflation, writers’ strikes and an advertising recession. In a corner of a cavernous hangar in ...The Guardian - 41m -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - 5d -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - 3d -
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 - 2d -
Canadians are mad as hell and ready for a battle over Trump tariffs
Canada is in a trade war with the U.S. due to Trump's tariffs and lies, and is retaliating by boycotting American goods, which will have a significant impact on the U.S. economy.The Hill - 42m