Latest in Alarm U.s Economy
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FedEx is the latest company to sound the alarm on the U.S. economy
FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S. industrial economy.”MarketWatch - 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 - Mar. 11 -
Is the new inflation data a good sign for the U.S. economy?
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 12 -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - Mar. 10 -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - Mar. 10 -
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 - Mar. 8 -
Progressives sound alarm over detention of Palestinian activist
Progressives have emerged as the most aggressive voices condemning the detention of Palestinian activist and U.S. green card-holder Mahmoud Khalil, arguing that Democrats must unite in denouncing ...The Hill - Mar. 12 -
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 - Mar. 7 -
Lutnick: Canada becoming US state 'best way' to merge economies
Commerce Secretary Howard Lutnick said Wednesday that Canada becoming a U.S. state is the “best way” to merge the two countries’ economies. “The best way, the president has said it, the best way to ...The Hill - Mar. 12 -
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 - Mar. 10 -
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 - Mar. 13 -
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 - Mar. 9 -
A radical European law could devastate the U.S. economy
The Corporate Sustainability Due Diligence Directive seeks to impose environmental, social, and governance (ESG) mandates on businesses worldwide.The Hill - Mar. 13 -
Alarmed by Trump, Poland Must Look at Nuclear Options, Premier Says
As President Trump casts doubt on U.S. alliances, Poland needs to double its military manpower and consider more destructive weapons, Prime Minister Donald Tusk said.The New York Times - Mar. 8 -
Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation this year, complicating its decision on whether to cut interest rates ...MarketWatch - 2d -
Trump’s trade war will damage global growth, OECD warns
Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriersFinancial Times - 4d -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - 3d -
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 - Mar. 9 -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - Mar. 13 -
These states' economies could be hit hardest by EU tariffs
Tensions are escalating between the U.S. and Europe, stoking fears of a possible trade war.The Hill - 2d -
Half say Trump policies making economy worse: Poll
Half of Americans in a new poll say President Trump’s policies have made the U.S. economy worse in his first seven weeks in office. In a CNN poll released Thursday, 51 percent of respondents say ...The Hill - Mar. 13 -
Dismayed by Trump, the Star Pianist András Schiff Boycotts the U.S.
Mr. Schiff, who has refused to play in Russia and his native Hungary because of strongman rule, said he was alarmed by President Trump’s “unbelievable bullying.”The New York Times - 2d -
Measles on the rise in U.S. with infections reported in 15 states
Measles is spreading across the country at an increasingly alarming rate. Health officials are reporting cases of the highly infectious disease in more than a dozen states. CBS News' Omar ...CBS News - Mar. 12 -
Is Trump driving the US into a recession? – in charts
Warning lights are flashing on a dashboard of economic indicators as analysts grow alarmed about a ‘Trumpcession’. Prospects for the US economy have cooled significantly in a matter of months. ...The Guardian - 3d -
U.S. 10-year Treasury yield is little changed as investors digest latest inflation report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.CNBC - Mar. 13 -
CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan.CNBC - 5d -
CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
Aiming to boost the economy, U.S. President Donald Trump is firing off a salvo of policies and causing collateral damage within the country’s own borders.CNBC - Mar. 11 -
White House says U.S. is in 'period of economic transition' amid recession fears
White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...NBC News - Mar. 11 -
New data shows major drop in U.S. consumer sentiment
A new University of Michigan survey shows consumer sentiment in the U.S. has dropped significantly amid uncertainty about the economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 14 -
Trump’s approach to Ukraine could be 'very worrying' for Russia’s neighbors, former UK PM Cameron says
Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump's approach to Ukraine could set an alarming precedent.CNBC - Mar. 13 -
Stocks waver as investors ponder rising economic uncertainty
The Federal Reserve's downbeat outlook on the U.S. economy is a wake-up call for investors.CBS News - 1d -
Many in small business were jubilant over Trump’s victory. They’ve since grown very uncertain about the U.S. economy.
Small-business owners — a group that emphatically cheered the election of President Donald Trump and a Republican Congress — now have nearly historic levels of uncertainty about the future.MarketWatch - Mar. 11 -
Morning Report — Trump, Fed split over tariff outlook and economy
In today’s issue: President Trump and allies revel in assertive decision making that keeps friends and foes off balance, even if resulting uncertainty turns out to be a drag on U.S. growth this ...The Hill - 1d -
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another ...CBS News - Mar. 10 -
Federal judges raise alarm about security threats and impeachment calls
Two senior federal judges on Tuesday raised the alarm about the increase in violent threats against members of the judiciary and expressed concerns about calls to impeach judges over the rulings ...NBC News - Mar. 11 -
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 - Mar. 10 -
The alarming detention of the Turkish president’s rival
Move against Istanbul mayor brings fears of authoritarian slide by ErdoğanFinancial Times - 2d -
'No pain, no gain’ is the motto of the new Trump economy
Why should the world’s biggest economy be treated unfairly?The Hill - Mar. 13 -
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 - 6d -
How close are we to a recession, and how will we know when we get there?
Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.CBS News - 3d