Latest in US stocks drop, Dow closes down amid fresh tariffs on Canada, recession fears
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3/10: CBS Evening News
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off; Former MLB pitcher Art Schallock dies at 100CBS News - 2d -
28 Days Later Writer Says The Last Of Us Is Better
Directors Neil Druckmann and Alex Garland sat down for a wide-ranging and fascinating chat recently where they discussed their professional careers. There is some overlap, of course, as Druckmann's ...GameSpot - 2d -
Fetterman on Trump tariffs: We don't have to 'punch' allies 'in the mouth'
Sen. John Fetterman (D-Pa.) said he disagrees with President Trump’s approach to tariffs on Canada and Mexico, calling it a blow to the U.S.'s working relationship with its allies. “Truthfully, I ...The Hill - 1d -
25% tariffs on all steel and aluminum imports to U.S. take effect
President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie ...CBS News - 1d -
Threaten campuses, shut down debate: that’s what free speech looks like under Trump | Owen Jones
The president has slashed $400m in funding from Columbia University. He wants to stifle criticism of Israel – but the real target is dissent. For those who fear Donald Trump is a despot in the ...The Guardian - 2d -
What will a tripolar world look like?
It will not go down well for US markets or for relations with traditional alliesFinancial Times - 3d -
AP reporter spars with White House over tariffs
White House press secretary Karoline Leavitt on Tuesday clashed with a reporter with The Associated Press over President Trump’s use of tariffs after granting the outlet a rare question during a ...The Hill - 1d -
Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - 1d -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - 3d -
Department of Education staff told offices will be closed Wednesday
The email sent to Department of Education staff said offices will be closed "for security reasons."CBS News - 1d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 5d -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 3d -
Trump forces India’s hand on tariffs
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 2d -
Carney talks tough on Trump threat - but can he reset relations?
Canada's next PM, who described the US as a "country we can no longer trust", will need to work with the US president.BBC News - 3d -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 3d -
Iraq fears power cuts as US ends sanctions waiver for electricity purchases from Iran
The United States has declined to renew a waiver that had allowed Iraq to buy electricity from Iran without running afoul of sanctions, the U.S. Embassy in Baghdad said SundayABC News - 4d -
Trump threatens 200% tariffs on EU alcohol imports
President demands bloc scraps proposed duty on US whiskeyFinancial Times - 1h -
5 risks facing the US economy under Trump
The fundamentals of the U.S. economy are in good shape, with low unemployment and robust growth in recent quarters. But warning signs have been flashing and markets have been sliding amid policy ...The Hill - 6h -
Why Stitch Fix’s turnaround seems to be working, despite the tough economy
“With market concerns of consumer spending slowing and recession fears now building, we did not have an improving [Stitch Fix] model on our bingo card,” one team of analysts noted.MarketWatch - 22h -
Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat
Porsche is part of Volkswagen Group, which has an assembly plant and other facilities in the U.S.CNBC - 1d -
Canada’s New PM Tells Trump: If Want a Fight, We’ll Kick Your Butt
Former central banker Mark Carney has managed the financial crisis and Brexit. He’s not backing down from a trade war with the U.S.Inc. - 3d -
Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.
Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid criticism on Wall Street that the software company is not yet monetizing ...MarketWatch - 16h -
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 - 2d -
Asia-Pacific stocks fall even after soft U.S. inflation report pushes two Wall Street benchmarks up; Seven & i shares rise as much as 3.6%
The Nasdaq Composite picked up after the soft inflation report eased concerns about a looming recession and as investors snapped up technology shares.CNBC - 8h -
Trump says he will buy a Tesla vehicle after stock slump
The US president blames "radical left lunatics" but analysts point to Tesla sales slump.BBC News - 2d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 5d -
After a Musk post, Canada professor convicted in absentia plunges back in public eye
Hassan Diab, who maintains innocence in 1980 Paris attack, fears extradition fight as rightwing media seizes on his case. Until recently, Hassan Diab’s life in Ottawa had begun to settle back into ...The Guardian - 2d -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - 20h -
U.N. Helicopter Attacked as South Sudan Teeters on Brink
The aircraft came under fire as it tried to rescue wounded soldiers, the United Nations said. The attack came amid fears that a critical power-sharing deal was at risk of collapse, risking all-out ...The New York Times - 5d -
Small business optimism falls at fastest pace in 5 years: NFIB
Small business optimism is faltering as stock markets are dropping and a range of macroeconomic and policy uncertainties are weighing on the business outlook. The National Federation of Independent ...The Hill - 2d -
Would Schools Close in a Future Pandemic?
Five years after the global Covid pandemic was declared, there is widespread agreement that closing classrooms was devastating for children. Here is what leaders say they may do next time.The New York Times - 3h -
Alzheimer’s research centers face Trump-imposed $65m funding delay across the US
Researchers report difficulties retaining staff as White House cost-cutting stresses US medical research system. Major Alzheimer’s disease research centers across the country face a $65m funding ...The Guardian - 3d -
Rand Paul: ‘When the markets tumble like this in response to tariffs, it pays to listen’
Sen. Rand Paul (R-Ky.), who has long been considered one of the Senate’s budget hawks, recently gave advice that when the stock market tumbles, “it pays to listen.” “The stock market is comprised ...The Hill - 2d -
Trump creates 2026 FIFA World Cup task force
"I think it's going to make it more exciting," Mr. Trump said of playing the World Cup amid sharp rhetoric between leaders of the host nations amid the on-again, off-again tariffs.CBS News - 5d -
'Very scary': Scholars in US and abroad stuck amid State Department funding freeze
The funding freeze has sparked panic among thousands of scholars who area stranded outside their home countries without clarity on the future of their programs or the money needed to support ...The Hill - 2d -
Amid new tour and Rock Hall nomination, Maná affirms 'Latinos empower us'
The Rock & Roll Hall of Fame nominees are set to break a new Los Angeles arena record in November with their new 'Vivir Sin Aire' tour.Los Angeles Times - 18h -
Morning Report — Senate takes up spending bill; Trump backs off on Canada tariffs
In today’s issue: Three days before a government funding deadline, the House on Tuesday narrowly passed a party-line stopgap funding bill that would mostly keep government funding at current ...The Hill - 1d -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 1d -
Explosives-filled caravan planted by criminals to play on fears of antisemitic attacks, Australian police say
A fake plan to attack a Sydney synagogue using a caravan of explosives was fabricated by an organized crime network in order to divert police resources, Australian police said.NBC News - 3d -
Police launch new search for fugitive father and children missing in New Zealand wilderness for three years
Over the next few days police will be ‘present’ in the remote Marokopa area where Tom Phillips and his three children are believed to be hiding. New Zealand police are launching a fresh operation ...The Guardian - 1d