Latest in Wall Street sell off amid economic uncertainty, Trump weighs in on looming government shutdown
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Senate Democrats appear ready to back down in government shutdown fight
Senate Democrats say the six-month government funding resolution that passed the House Tuesday is a “horrible” bill, but there’s growing sentiment within the Senate Democratic conference that it ...The Hill - 10h -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 1d -
U.S. Army soldiers accused of selling classified materials to China
Two U.S. Army soldiers were arrested in Washington state for allegedly trying to sell sensitive government information to buyers in China. Charlie D'Agata has more.CBS News - 4d -
Trump economic adviser: 'First quarter is going to squeak into the positive category'
National Economic Council Director Kevin Hassett said Monday the “first quarter is going to squeak into the positive category,” even as anxieties around the economy rise nationwide. Stocks were ...The Hill - 2d -
Canadians deal with tariff threats amid Trudeau successor battle
As President Trump threatens tariffs on the Canadian dairy and lumber industry — while holding off on broader tariffs on goods covered under the USMCA until April — Canadians are also dealing with ...CBS News - 3d -
Trump is targeting China-made containerships in new flank of global economic war on the oceans
China dominates shipbuilding for the ocean freight market, and President Trump has plans to exact economic punishment to bring the business back to the U.S.CNBC - 1d -
Trump downplays infighting between Elon Musk, Marco Rubio, other officials
President Trump is backing a House Republican plan to avert a government shutdown next week. He also played down reports of in-fighting in his Cabinet with advisor Elon Musk. Nikole Killion has the ...CBS News - 3d -
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 - 1d -
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out
Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.MarketWatch - 2d -
House narrowly passes six-month funding bill as shutdown deadline nears
Speaker Mike Johnson and House Republicans voiced confidence that they can push through a stopgap funding bill and avert a government shutdown at the end of this week.NBC News - 1d -
We're making one last buy Monday as the market decline picks up steam
We've been busy during Monday's sell-off.CNBC - 2d -
House Rules Committee advances GOP’s stopgap ahead of shutdown deadline
The House Rules Committee voted Monday night to advance the GOP's bill to avert a government shutdown, dispatching the measure to the full chamber for consideration ahead of Friday's deadline. The ...The Hill - 1d -
House GOP tees up final vote on bill to avert shutdown
House Republicans on Tuesday advanced their bill to avert an end-of-the-week government shutdown, teeing up a final vote on the legislation later in the day. The chamber voted 216-214 to adopt a ...The Hill - 1d -
Trump vows to ‘lead the charge’ to oust Massie
President Trump is vowing to "lead the charge" to unseat Republican Rep. Thomas Massie (Ky.), who has said he will not support the GOP's short-term government funding bill ahead of Friday’s ...The Hill - 1d -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - 7h -
We're stepping back into the sell-off and buying more of our newest stock
Shares of the newest Club holding are falling sharply Monday.CNBC - 2d -
Global stocks sell-off pauses as investors catch their breath
Tumbling stock markets and rallying Treasury bonds steadied somewhat in Europe on Tuesday, as a modicum of calm returned to markets after the previous day’s dramatic moves.NBC News - 1d -
Trump Looms Over Greenland’s Election, but Voters Have Other Concerns
President Trump keeps saying he wants to “get” Greenland. On Tuesday, Greenland votes for a new parliament that could shape its future relations with the United States.The New York Times - 2d -
Trump administration cancels disaster training for meteorologists amid staffing, travel cuts
The Trump administration has canceled a training that prepares meteorologists to forecast during disasters, The Hill has learned. The incident meteorologist training for the National Weather ...The Hill - 1d -
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 - 10h -
What's next after the House passed a government funding measure?
The House of Representatives narrowly passed a Republican-led continuing resolution to keep the government funded. Now the Senate must reach an agreement before the government shutdown deadline ...CBS News - 2h -
Trump considers four bids to buy TikTok as deadline for deal looms
President Donald Trump is considering four bids to purchase the social media app TikTok. NBC News’ Steve Romo reports on who the potential buyers could be ahead of the pause on TikTok set to expire.NBC News - 1d -
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...The Hill - 3d -
House unveils stopgap measure to keep government funded, avert shutdown
The continuing resolution bill will go to the House Rules Committee on Monday and a floor vote is expected Tuesday.CBS News - 3d -
House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - 21h -
The team behind Trump’s economic shock therapy
The US president’s officials are standing by their strategy to remake the world’s largest economyFinancial Times - 15h -
Trump’s Unpredictable Tariffs Cloud Europe’s Economic Outlook
The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.The New York Times - 3h -
Eye Opener: President Trump declines to rule out possible recession
President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...CBS News - 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 - 9m -
Musk having ‘great difficulty’ running businesses amid DOGE obligations, Tesla stock slide
Tech billionaire Elon Musk admitted he is having “great difficulty” running his various businesses as he juggles an advisory role in the Trump administration and leads the Department of Government ...The Hill - 1d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 2d -
Government funding bill passes House 217-213, heads to Senate for vote
The House narrowly passed a six-month funding bill that would prevent a government shutdown at the end of the week. The measure’s fate is uncertain in the Senate, where several Democrats will be ...NBC News - 21h -
Speaker Johnson looks to jam Senate Democrats with bill to avert shutdown
Before Speaker Mike Johnson (R-La.) can dare Senate Democrats to reject a Republican-crafted bill to avert an end-of-week shutdown, he has to pull off a feat: keeping his fractious, razor-thin ...The Hill - 1d -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 1h -
Read: House Republicans' stopgap funding bill
House Republicans over the weekend rolled out a short-term government funding plan, kicking off a crucial stretch for GOP leadership to lock down support ahead of Friday's shutdown deadline. The ...The Hill - 2d -
Canada’s designated PM Mark Carney meets Trudeau as Trump threat looms
Former central banker won landslide victory in Liberal party race as trade war with US hastens transfer of power. Canada ’s incoming prime minister, Mark Carney, has met with Justin Trudeau as ...The Guardian - 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 -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - 2d -
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 - 1d -
Goldman Sachs flinches and lowers its S&P 500 target. The mechanics are the interesting part.
It’s been tough for Wall Street strategists to hold their nerve in the face of the ever-changing tariff policy.MarketWatch - 7h