Latest in Why is Trump's tariff pause for automakers important for consumers, economy
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Trump takes actions to increase lumber supplies and curb wood imports
The president signed an executive order to increase the possible supplies of timber and lumber and possibly lower housing and construction costs, according to senior administration officials.CBS News - 4d -
Jeffries: It's important to have 'strong, determined and dignified Democratic presence’ at Trump address
House Minority Leader Hakeem Jeffries (D-N.Y.) called for Democrats to have a “strong, determined and dignified” presence at President Trump’s address to a joint session of Congress on Tuesday. ...The Hill - 2d -
Trump touts 'important' letter from Zelensky amid push to smooth relations
President Trump in his address to Congress touted receiving a letter from Ukrainian President Volodymyr Zelensky earlier Tuesday amid an effort to smooth ties between Washington and Kyiv following ...The Hill - 1d -
Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs
The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s the widest deficit going back to the start of the series in 1992.MarketWatch - 51m -
Why the Apollo economist who coined ‘no landing’ now sees intensifying risks to the U.S. economy
Policy uncertainty is no friend to animal spirits, says a leading economist.MarketWatch - Feb. 24 -
CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion.VentureBeat - 2d -
Refiners' trade group: Tariffs won't make US energy secure, lower consumer costs
A refiners’ trade group knocked President Trump for his 25 percent tariffs on Canada and Mexico, both neighboring nations known for having the largest bilateral free trade agreements with the ...The Hill - 1d -
Trump administration lawyers deny plans to dismantle consumer watchdog
The Trump administration denied allegations Monday that it aims to dismantle the Consumer Financial Protection Bureau (CFPB). Government lawyers said in a new court filing that the consumer ...The Hill - Feb. 25 -
Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Some states have paused their Home Energy Rebate programs, created by the Inflation Reduction Act, amid a federal funding freeze.CNBC - Feb. 26 -
Consumers elected Trump to lower prices — his policies could do the opposite
“We’re not seeing anything that is credibly going to address the high prices of food, housing, and health care that he pledged to do something about,” one economist said.MarketWatch - 16h -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21 -
How Does Warren Buffett Think Tariffs Will Affect the U.S. Economy? He Just Called Them an ‘Act of War’
President Trump says tariffs on Canada and Mexico will begin Tuesday. Here’s what Warren Buffett thinks of the idea.Inc. - 2d -
46 percent say Trump changing economy for the worse: Survey
More Americans think that President Trump is changing the U.S. economy for the worse than for the better, according to a survey released Monday. The NPR/PBS News/Marist poll found that 46 percent ...The Hill - 2d -
Trump voters say president needs more time to turn economy around
The economy helped put President Trump back in the White House, and it will be a pillar of his speech to Congress. He is expected to talk about lowering prices for Americans, even as his tariffs ...CBS News - 1d -
Trump's cuts to foreign food aid are affecting U.S. farmers, rural economies
President Trump's policies in the early days of his second term are creating uncertainty across the country. Cuts he's making in foreign food aid could have a major impact in America's heartland, ...CBS News - 1d -
Ukrainians vow to defend their nation as Russia lauds Trump's aid pause
Russia says Trump's pause of Ukraine military aid could be "the best contribution to peace," as Ukrainians grapple for the means to keep defending their country.CBS News - 2d -
Ukrainians vow to continue fight as Trump administration pauses military aid to Ukraine
The Trump administration has suspended billions of dollars in military aid to Ukraine following a clash between President Trump and Ukrainian President Volodymyr Zelenskyy at the Oval Office last ...CBS News - 2d -
Senate GOP defends Trump's Ukraine aid pause as negotiating tactic
Senate Republicans are defending President Trump's decision to pause aid for Ukraine as a negotiating tactic days after his public spat with Ukrainian President Volodymyr Zelensky in the Oval ...The Hill - 1d -
Ukraine ready to make a deal after Trump pauses U.S. aid
Ukrainian President Zelenskyy says he regrets his Oval Office argument with President Trump and wants to make things right. It came hours after President Trump turned up the pressure on Zelenskyy ...CBS News - 1d -
California pauses home energy rebate program amid Trump funding freeze
California paused a Biden-era home rebate program tied to energy efficiency because it can't access federal funding to administer the program.CNBC - 19h -
Trump Said Tariffs Are Coming
Also, Cuomo entered the New York mayoral race as a front-runner. Here’s the latest at the end of Monday.The New York Times - 2d -
Will Trump's tariffs increase inflation?
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and ...CBS News - 1d -
Trump’s Next Tariff Moves
In his address to Congress, the president made clear that his new trade levies were here to stay, acknowledging it might create “a little disturbance.” Analysts forecast what that might look like.The New York Times - 1d -
Why CFPB is being targeted by Trump
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."CBS News - Feb. 23 -
Why The Associated Press is suing Trump
A federal judge denied an emergency motion to restore access for Associated Press reporters and photographers to White House events, pending a fuller briefing and another hearing before he rules. ...CBS News - Feb. 24 -
The Tariffs Are On, and Trump Suspends Ukraine Aid
Plus, women’s rugby gets a boost.The New York Times - 2d -
Understanding Trump's tariffs, in five charts
Learn more about how Trump's proposed tariffs against Mexico, China and Canada could impact trade, shipping, imports, prices and more.NBC News - 2d -
Trump’s Tariffs Hit Stock Markets
Global leaders are retaliating and investors have sold off stocks in Asia and Europe.The New York Times - 2d -
Trudeau: Trump tariffs on Canada ‘dumb’
Canadian Prime Minister Justin Trudeau slammed President Trump’s tariffs on his country, reiterating a message from The Wall Street Journal’s editorial board that the taxation plan was “dumb.” ...The Hill - 1d -
What Trump's tariffs mean for you
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's new tariffs could boost prices, derail stocks Many businesses and market ...The Hill - 1d -
Trump tariff impact on Canadian industries
President Trump's tariffs are already putting pressure on multiple Canadian industries. CBS News national correspondent Lana Zak spoke about the issue with the leader of the Windsor-Essex Chamber ...CBS News - 21h -
House Democrats join legal fight against Trump's efforts to dismantle consumer protection agency
House Democratic leaders are getting directly involved in one of the legal battles against the Trump administration, filing an amicus brief in support of a lawsuit seeking to block the dismantling ...NBC News - 6d -
How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
The Trump administration's federal mass job cuts may amount to the largest in history. That has financial ramifications for households and the economy.CNBC - Feb. 23 -
How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
The Trump administration’s purge of federal workers may ultimately amount to the biggest job cut in U.S. history, which is likely to have ramifications for the economy, especially at the local ...NBC News - Feb. 23 -
Trump administration briefing: hundreds fired from US climate agency as Americans feel economy getting worse
Democrats warn that cutting jobs at Noaa ‘will cost American lives’ – key US politics stories from Wednesday at a glance. The Trump administration has fired hundreds of workers at the National ...The Guardian - 6d -
Trump can’t fulfil his promise to fix the economy, so he’s blaming workers instead
Forget about inflation. Now it’s all about cutting ‘waste’ in the form of jobs and our already paltry social safety net. During his presidential campaign, Donald Trump never missed an opportunity ...The Guardian - 6d -
Trump’s trade war could pose ‘substantial’ threat to UK economy, says Bank
Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies. A full-blown trade war would pose a “substantial” threat to the British economy, Bank ...The Guardian - 22h -
Supreme Court maintains pause on Trump bid to immediately fire watchdog agency head
The Supreme Court, which has a 6-3 conservative majority, weighs in on a case involving the new Trump administration for the first time.NBC News - Feb. 22 -
Supreme Court briefly pauses order for Trump admin to imminently release foreign aid
Chief Justice John Roberts temporarily delayed a midnight deadline for the Trump administration to unfreeze nearly $2 billion in foreign aid payments, imposed by a lower judge who found the ...The Hill - Feb. 27 -
Judge keeps pause on mass firings at CFPB as she considers Trump's attempt to shut agency
A federal judge Monday kept in place an order prohibiting mass firings at the Consumer Financial Protection Bureau while she sorts through conflicting claims about whether the Trump administration ...NBC News - 2d