Latest in U.S. economy on shaky footing, Trump calls it a "detox period"
Sort by
406 items
-
U.S. economy on shaky footing, Trump calls it a "detox period"
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's ...CBS News - 1d -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 2d -
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief
President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.ABC News - 8h -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 2d -
Muslim nations reject Trump's call to empty the Gaza Strip of its Palestinian population
Foreign ministers from Muslim nations rejected calls by U.S. President Donald Trump to empty the Gaza Strip of its Palestinian population and backed a plan for an administrative committee of ...ABC News - 1d -
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 - 6h -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 7h -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - 18h -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 1d -
The US economy is heading for recession
Donald Trump’s policy agenda is sapping American animal spiritsFinancial Times - 19h -
Elon Musk’s DOGE Calls in U.S. Marshals When a Small Agency Refuses to Share Data
The U.S. African Development Foundation refused to let DOGE members into its offices. DOGE returned with law enforcement.Inc. - 2d -
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 - 16h -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - 3h -
President Trump Called Out Canada. The Country’s National Hero Stayed Silent.
Wayne Gretzky is known as the “Great One.” But his allegiance to Trump has left many Canadians feeling deeply betrayed.The New York Times - 17h -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 18h -
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 - 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 - 1d -
Democrats need ‘new voices’ in fight against Trump, says Sen. Slotkin
In an exclusive interview with Meet the Press, Sen. Elissa Slotkin (D-Mich.), who delivered the Democratic response to President Trump’s joint address, says Democrats are still “finding our ...NBC News - 17h -
What does the first job report under Trump mean for the economy?
A new jobs report released Friday shows 151,000 new jobs were added last month short of the 170,000 jobs expected. The early data does not yet take into account the mass layoffs across the federal ...NBC News - 1d -
Trump says US economy in 'transition' as trade war escalates
New retaliatory tariffs from China targeting some US farm products came into effect on Monday.BBC News - 4h -
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 - 14h -
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 - 4h -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - 2d -
At Crypto Summit, Trump Says U.S. Will Be ‘the Bitcoin Superpower’
The first-of-its-kind event at the White House with top crypto executives showcased the president’s embrace of the once-renegade industry.The New York Times - 2d -
Panama releases detained deportees from U.S. after human rights criticism
The deportees, largely from Asian countries, were part of a deal struck between the Trump administration and Panama and Costa Rica last month as the U.S. government attempts to speed up deportations.CBS News - 19h -
Ireland urged to ‘wake up’ as Trump exposes economic reliance on the US
Economy faces ‘frog in a pot’ problem unless infrastructure and innovation improve urgentlyFinancial Times - 2h -
As Trump shakes the international order, China casts itself as a model of stability
Even as its economy slows, China is using its annual National People's Congress to present itself as a global stalwart as Trump upends America's alliances.NBC News - 21h -
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 - 1h -
Trump Targeting Law Firms Raises Constitutional Concerns
The way Trump targeted the firms could go against of the U.S. Constitution’s First Amendment.Inc. - 8h -
'Hamilton' cancels Kennedy Center run after Trump takeover
'Hamilton' creator Lin-Manuel Miranda said he doesn't want the show to play at what he called the 'Trump Kennedy Center.'Los Angeles Times - 4d -
How Trump’s ‘51st State’ Canada Talk Came to Be Seen as Deadly Serious
President Trump, in an early February call, challenged the border treaty between the two countries and told Justin Trudeau he didn’t like their shared water agreements.The New York Times - 2d -
Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist
Rather than buy bitcoin directly, Donald Trump’s plan calls for holding the US government’s current bitcoin assets in reserve—and creates a separate stockpile for other crypto coins.Wired - 2d -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
President downplays recent stock market volatility that followed his ducking and weaving over tariff policy. Donald Trump on Sunday refused to rule out the possibility that the US economy will head ...The Guardian - 12h -
CCP Games appoints Head of Economy for Eve Frontier
CCP Games has hired Stefán Þórarinsson as its Head of Economy to roll out new updates and research for Eve Frontier.VentureBeat - 2d -
Plan to Return Russian Diplomats to U.S. Poses Espionage Risk
The Trump administration is negotiating the return of more Russian diplomats to the United States. Some are likely to be spies.The New York Times - 16h -
How COVID-19 Still Affects the Economy 5 Years Later
Though the pandemic shock has ended, COVID-19 continues to shape the economy.Inc. - 12h -
What to know about Steve Witkoff, a key figure in Trump's international negotiations
NBC News Chief International Correspondent Keir Simmons reports on U.S. Special Envoy Steve Witkoff’s growing stature in the Trump administration as the U.S. engages in diplomatic talks around the ...NBC News - 2d -
Canadians show their displeasure with President Trump
President Trump took aim at dairy and lumber imports from Canada, but the U.S.'s northern neighbor is fighting back. Ed O'Keefe reports on the latest in the tumultuous trade war.CBS News - 1d -
Trump's 'Gaza Riviera' — a profile in arrogance
President Trump has proposed that the U.S. should take over Gaza and turn it into a Mediterranean resort, displacing 2 million Palestinians and potentially leading to regional instability and ...The Hill - 12h -
Out of the lab and into the streets, researchers and doctors rally for science against Trump cuts
Researchers, doctors, their patients and supporters are venturing out of labs, hospitals and offices across the country to stand up to what they call an attack on life-saving science by the Trump ...ABC News - 2d