Cooling U.s Inflation

U.S. budget deficit surged in February, passing $1 trillion for year-to-date record

The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.

CNBC - 18h

There’s always a bull market somewhere: Where to invest as the world turns away from the U.S.

Market strategist Keith McCullough: Stock markets in Europe and Asia will be stronger than the U.S.

MarketWatch - 1h

Sen. Mark Kelly on Ukraine aid, Elon Musk's criticism and U.S. responsibility

Sen. Mark Kelly, a Democratic lawmaker and Navy combat veteran, is standing by his call for continued U.S. support for Ukraine after visiting the country. His remarks drew criticism from Elon Musk, ...

CBS News - 1d

What's next after Ukraine agrees to U.S. proposal for ceasefire with Russia

The pressure to end Russia's war on Ukraine now shifts to Moscow, after the U.S. and a Ukrainian delegation agreed to a proposed ceasefire deal. Secretary of State Marco Rubio announced the ...

CBS News - 1d

What's next after Ukraine agrees to U.S. proposal for ceasefire with Russia

The pressure to end Russia's war on Ukraine now shifts to Moscow, after the U.S. and a Ukrainian delegation agreed to a proposed ceasefire deal. Secretary of State Marco Rubio announced the ...

CBS News - 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

Treasury yields end higher for second day after CPI inflation data comes in cooler than expected

Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.

MarketWatch - 16h

Inflation and Gas Prices Just Hit 4-Year Lows. The Fed Won’t Care

Policymakers won’t cut interest rates in March, but pressure is mounting.

Inc. - 3h

North Korea fires several ballistic missiles into sea after U.S. and South Korea begin military drills

North Korea fired several ballistic missiles into the sea on Monday, hours after South Korean and U.S. troops kicked off their large annual combined drills.

NBC News - 3d

Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others

Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.

NBC News - 3d

North Korea fires ballistic missiles after U.S., South start annual drills

North Korea fired several ballistic missiles into the sea after South Korean and U.S. troops began their large annual combined drills, Seoul said.

CBS News - 2d

European stocks have crushed the U.S. — now a big bank is shifting its view

The year has started with a big rally for European stocks as the U.S. market struggles to remain above water. Now, HSBC strategists are changing their tune.

MarketWatch - 3d

Ontario slaps 25% increase on electricity exports to the U.S. in response to Trump's trade war

Ontario is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war, the province's premier, Doug Ford, said.

NBC News - 2d

U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says

Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."

CNBC - 2d

Kyiv and Moscow trade drone attacks as new U.S.-Ukraine talks kick off

A top Ukrainian official said his country was "ready to go" and determined to reach a peace deal with Russia as U.S.-Ukraine talks kicked off in Jeddah.

CBS News - 2d

U.S. soccer is learning more from SheBelieves Cup loss than it would have from a win

A U.S. women's national team loss to a formidable Japan in the SheBelieves Cup final taught a American young squad some critical lessons.

Yahoo Sports - 2d

‘Calm today, but turbulence ahead’: U.S. job openings show stable labor market ahead of Trump job cuts and tariffs

Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it’s taking people a lot longer to find work.

MarketWatch - 1d

U.S. and Ukrainian officials meet for first time since Oval Office spat, but Zelenskyy stays away

U.S. and Ukrainian officials are meeting in Saudi Arabia on Tuesday, marking the first time the two parties have met since the spectacular Oval Office spat.

CNBC - 1d

FAA extends bar on U.S. flights to Port-au-Prince through Sept. 8

The Federal Aviation Administration said on Tuesday it was extending prohibitions barring U.S. flights to the Haitian capital, Port-au-Prince, through Sept.

NBC News - 1d

Here are the U.S. states that get electricity from Ontario, as Trump’s trade war gets new twist

The latest skirmish in U.S. President Donald Trump’s trade war is highlighting how the Canadian province of Ontario provides electricity to some American homes and businesses.

MarketWatch - 1d

U.S. border patrol agent demanded women expose breasts to gain entry to country

A former border patrol agent pleaded guilty to two civil rights violations on Friday for demanding women expose their breasts to be admitted into the U.S., according to officials.

NBC News - 1d

Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'

Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.

CNBC - 21h

Immigration accounted for all U.S. population growth in 2022-23, first time since 1850

All U.S. population growth in 2022-23 happened because of immigration, not births, the first time that’s occurred since 1850, the Migration Policy Institute reported Wednesday.

NBC News - 19h

Kremlin aide dismisses U.S.-Ukraine ceasefire proposal as Putin visits front line

Russia sees the ceasefire suggested by the U.S. and Ukraine as little more than a chance for Kyiv's forces to regroup, a senior aide to Vladimir Putin said.

NBC News - 2h

Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.

Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.

CNBC - 1h

Russia plays hard ball over a ceasefire deal as U.S. officials head to Moscow

How can Russia evade a ceasefire agreement which the U.S. says will show whether the Kremlin is serious about ending the war against Ukraine.

CNBC - 22m

‘World’s hottest brand’: how Miu Miu defied sales plunge in fashion industry

As luxury firms struggle worldwide, the ‘knowingly cool’ label is posting record-breaking sales figures. While profits fall across the luxury fashion industry, one kooky Italian label is posting ...

The Guardian - 4d

Saint Laurent closes Paris fashion week with bold statement of intent

Broad shoulders and slim skirts reflected designer Anthony Vaccarello’s intention to create a ‘simplicity of silhouette’. Saint Laurent has cross-generational cool. On the last night of Paris ...

The Guardian - 1d

Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt

With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.

The New York Times - 5d

Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.

The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.

The New York Times - 5d

3/9: CBS Weekend News

Trump doesn't rule out recession, rising inflation; Vineyard owner has winery dog cloned

CBS News - 3d

Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.

CNBC - 1d

Small Businesses Still Struggle to Hire, Despite Rising Recession Fears

The NFIB’s monthly poll of entrepreneurs lists recruitment problems, inflation, and the general outlook for economic growth as leading concerns.

Inc. - 2d

Japan struggles to adapt to an era of rising prices

The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companies

Financial Times - 1d

Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation

Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.

CBS News - 1d

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 - 3d

U.S. and Ukrainian officials to hold peace talks about Ukraine-Russia war in Saudi Arabia

Secretary of State Marco Rubio is heading to Saudi Arabia for talks between U.S. and Ukrainian officials on ending the war in Ukraine. CBS News senior foreign correspondent Holly Williams reports ...

CBS News - 2d

Rescue operation underway after U.S. tanker hits container ship off U.K. coast

A U.S. oil tanker has collided with a cargo ship off the coast of England in the North Sea, prompting a major rescue mission, officials say. CBS News' Ian Lee reports.

CBS News - 2d

President Trump defends economic policies as EU announces retaliation against U.S. tariffs

The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...

CBS News - 23h

President Trump defends economic policies as EU announces retaliation against U.S. tariffs

The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...

CBS News - 23h

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