Latest in Economic Effects
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Trump calls for Fed to cut rates as economic effects of tariffs start to kick in
Hours after the Federal Reserve maintained its guidance for two interest-rate cuts later this year, President Donald Trump weighed in Wednesday night, calling for rate cuts to accompany his new ...MarketWatch - 2d -
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 - Mar. 12 -
Recession fears are mounting — Powell’s stances on these 4 issues could dictate America’s economic path in months ahead
The Federal Reserve will hold its benchmark interest rate steady at its meeting this week, economists say, as it remains in a “wait-and-see” mode until the effects of President Donald Trump’s ...MarketWatch - 4d -
2025 NFL free agency domino effect: Geno Smith to Raiders among moves with biggest ramifications
Which signings and trades caused additional ripple effects?CBS Sports - Mar. 14 -
Delta Says Economic Worries Are Hurting Travel Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.The New York Times - Mar. 10 -
An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.The New York Times - 5d -
Investors are taking cover as economic concerns grow
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.CBS News - 1d -
America needs a national economic security strategy to counter China's rise
The United States needs a National Economic Security Strategy to protect and utilize its economic tools and assets in order to maintain geopolitical competitiveness and deter the China's aggression.The Hill - Mar. 14 -
Trump says crypto will 'unleash an explosion of economic growth'
President Trump offered praise for the crypto world Thursday, suggesting the industry will “unleash an explosion of economic growth.” “Pioneers like you will be able to improve our banking and ...The Hill - 2d -
Trump’s 25% tariffs on steel and aluminum imports take effect, Europe retaliates
The European Union announced countermeasures targeting the U.S. after President Donald Trump's 25% tariffs on steel and aluminum imports came into effect.CNBC - Mar. 12 -
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 -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - Mar. 9 -
Pennsylvania Dem: 'Trump slump has already begun'
Rep. Brendan Boyle (D-Pa.) said Sunday that the negative consequences of President Trump’s economic policies have already begun to take effect. “You know, the reality is, as the data from the ...The Hill - Mar. 10 -
Trump’s Policies Have Shaken a Once-Solid Economic Outlook
Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.The New York Times - Mar. 10 -
Why Trump's rapidly changing economic policies are raising stagflation alarms
If there was one thing President Donald Trump was supposed to represent to many voters, it was the prospect of an upturn in their economic fortunes.NBC News - Mar. 11 -
Dark economic clouds loom over Trump and the GOP: From the Politics Desk
President Donald Trump’s economic approach is putting members of his administration and Republicans in Congress on the defensive as the stock market continues to struggleNBC News - Mar. 13 -
Commerce secretary says 25% tariffs on steel and aluminum will go into effect Wednesday
During an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick explains which tariffs will take effect and which have been postponed by President Donald Trump.NBC News - Mar. 9 -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - Mar. 10 -
Trump continues tariff tumult amid economic uncertainty
President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...NBC News - Mar. 7 -
The US economic trump card
There is huge scope for householders to tap home equity lines of creditFinancial Times - Mar. 10 -
Noteworthy new books on economics
Why advanced economies are struggling to build; how Britain can boost growth; plus books on inequality and povertyFinancial Times - Mar. 10 -
Trump’s incoherent economic agenda
The White House’s mishmash of radical policies is sapping confidence in AmericaFinancial Times - Mar. 14 -
Reporter's Notebook: Economic turbulence
President Trump has promised a little light turbulence. "A little bit of an adjustment period," is what he called it in the joint address to Congress. Consumers are feeling something different. ...CBS News - 5d -
Tariff timeline: How Trump turned global trade into an economic battlefield
Trump has praised tariffs as a fix for economic issues, but their erratic rollout and shifting reasons have worried investors. See a timeline of the president’s trade rhetoric.NBC News - Mar. 14 -
Concerns over economic chaos are weighing on Trump’s approval rating
A slew of new polls show that Trump’s approval rating has steadily declined amid a fast-paced and turbulent rollout of his economic agenda.The Hill - 5d -
Trump’s Trade War Will Slow Global Economic Growth, OECD Says
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes a toll.The New York Times - 4d -
Federal Reserve keeps interest rates steady as economic uncertainty rises
The Federal Reserve is holding interest rates steady as it weighs the impact of Trump’s tariffs and federal workforce cuts on inflation and the economy. The central bank warned that economic ...NBC News - 3d -
Bank of England Cautious Amid Economic Uncertainty and Rising Bills
Policymakers held interest rates at 4.5 percent on Thursday as they warned of rising economic uncertainty. Households are also bracing for higher utility costs starting next month.The New York Times - 2d -
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 - Mar. 12 -
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...The Hill - Mar. 12 -
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 - Mar. 10 -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - Mar. 11 -
Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 3d -
U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth
"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.CNBC - 5d -
The dizzying shifts in the global economic narrative
Investors and policymakers are struggling to keep pace with changeFinancial Times - 1d -
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - Mar. 12 -
Murphy backs Schumer's leadership but says caucus must 'change our tactics' to be effective
Sen. Chris Murphy (D-Conn.) backed Senate Minority Leader Chuck Schumer's (D-N.Y.) leadership on Sunday but said the caucus "must change our tactics" to be effective. “I still support Senator ...The Hill - 6d -
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 - Mar. 11 -
The U.S.-Canada trade war could signal a shift in economic ties, experts say
The U.S.-Canada trade war could shift economic ties as tariffs rise and tensions grow, raising concerns about future trade stability, experts say.CNBC - Mar. 14 -
Manchester looks to build on life sciences cluster effect
The city’s ecosystem of universities, commerce and research is attracting investors and start-upsFinancial Times - Mar. 10