Latest in Economy Address Congress
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Trump Celebrates Disruption in Speech to Congress, and Avoids the Costs
The president’s speech to Congress covered tariffs, Ukraine and cuts to the federal work force but did little to address the perils that accompany the abrupt shifts he has engineered.The New York Times - 20h -
"Sanctuary city" mayors defend the policies to Congress
Democratic mayors from four major U.S. cities defended their "sanctuary city" policies on Capitol Hill on Wednesday. House Republicans have criticized these policies, which limit local law ...CBS News - 16h -
Moscow loathed the U.S. for years as its economy paid a high price for war — now, it’s doing a U-turn
Moscow has denigrated the United States' leadership, economy and culture — but now things are changing amid a "revival" of Russia-U.S. relations.CNBC - Feb. 20 -
Germany’s election will usher in new leadership — but might not turn tides for the country's struggling economy
Friedrich Merz has criticized Olaf Scholz on the economy, but experts question if a government led by the Christian Democratic Union would fare much better.CNBC - Feb. 21 -
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 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 -
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 -
‘I have fear of financial insecurity’: I’m 58, recently widowed with $1 million saved for retirement. What if the economy tanks?
“My pension after taxes is estimated at $6,500 per month. I’m eligible at age 60 to access $2,400 per month of my husband’s Social Security.”MarketWatch - Feb. 25 -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
Consumers grew more pessimistic about the economic outlook in February as worries brewed about a slowing economy and rising inflation, the Conference Board reported Tuesday.NBC News - Feb. 25 -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
The board's Consumer Confidence Index slipped to 98.3 for the month, down nearly 7% and below the Dow Jones forecast for 102.3.CNBC - Feb. 25 -
'The knowledge economy is on the way out.' These are the skills workers will need in the age of AI, says LinkedIn
Skills such as creativity, curiosity, courage, compassion and communication will be key as AI continues to disrupt workforces, said LinkedIn's Aneesh Raman.CNBC - Feb. 26 -
Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says
European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is needed. The war-torn Ukrainian economy could expand by 5% next year if a ceasefire is ...The Guardian - Feb. 27 -
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 -
Closely watched Atlanta Fed GDP tracker sees U.S. economy contracting in first quarter
This would be the first negative quarter in three years, and comes as talk of a possible recession picks up.MarketWatch - 5d -
The economy’s at risk of plunging into an air pocket, says JPMorgan. What that would mean for stocks.
Investors are brushing aside the possibilities of more turbulence to come for the U.S. economy and potential fallout for markets, warns JPMorgan.MarketWatch - 3d -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 3d -
The top 10% of Americans are propping up the economy. Here’s what will happen if they stop spending.
The wealthy are spending, but many consumers are pulling back — and the stock market is fragile.MarketWatch - 2d -
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 -
Bank of England governor says risks to UK, global economy from trade wars ‘substantial’ – as it happened
Andrew Bailey says ‘essential that we don’t abandon multilateralism;’ European stock markets, euro rally after Germany announces fiscal ‘bazooka’. German stock markets are surging while the ...The Guardian - 1d -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 1d -
Germany's fiscal U-turn could be a 'game changer' for the country's sluggish economy, analysts say
Leaders of the likely incoming coalition government announced plans to reform the debt brake and create a special investment fund.CNBC - 23h -
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 - 23h -
ECB cuts rates again and warns trade war fears are hurting Europe’s economy
Quarter-point cut to deposit rate, to 2.5%, comes as Trump prepares to impose tariffs on EU exports to US. Business live – latest updates The European Central Bank has cut interest rates ...The Guardian - 41m -
'The Baldwins,' Alec and Hilaria's TLC show, addresses 'Rust' shooting and PTSD
Alec and Hilaria Baldwin star in a reality series premiering Sunday on TLC that documents their home life and discusses the actor's trial for manslaughter on the set of a film.Los Angeles Times - Feb. 20 -
Aaron Glenn addresses Quinnen Williams' displeasure with Aaron Rodgers' departure
The Jets' decision to move on from Aaron Rodgers wasn't met with total support in the team's locker room.Yahoo Sports - Feb. 25 -
Trump and Musk addressed email termination threats, neither cleared up the confusion
Since Elon Musk threatened federal workers with firings if they didn't list five work accomplishments, Trump tells them they're "on the bubble" if they don't comply.ABC News - Feb. 26 -
AI Could Help Address the Accountant Shortage—but Adoption Rates Remain Low
A new report from Wolters Kluwer suggests that the tax industry still has a ways to go around automation.Inc. - 5d -
Democrats Invite Fired Federal Workers to Trump’s Congressional Address
The move comes as lawmakers hear from constituents over President Trump’s and Elon Musk’s efforts to slash federal spending and cull the civil service ranks.The New York Times - 3d -
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 -
Sen. Lankford discusses what he expects from President Trump's address
Republican Sen. James Lankford of Oklahoma joins "CBS Mornings" to discuss President Trump's address to Congress and what he expects to hear from the president regarding major issues like Ukraine ...CBS News - 2d -
Trump will face dozens of fired bureaucrats at joint address Tuesday
At Trump's address to a joint session of Congress Tuesday, congressional Democrats made a concerted effort to bring terminated bureaucrats as their guests.ABC News - 2d -
Virginia Democrat to boycott Trump address in solidarity with federal workers
The top Democrat on the House Oversight and Government Reform Committee is skipping President Trump’s speech to Congress Tuesday night. Rep. Gerry Connolly (D-Va.), who represents a large number ...The Hill - 2d -
Sen. Elizabeth Warren on Trump's address, pushing back on his agenda
President Trump is set to deliver a joint session address, touting his administration's recent actions, including new tariffs, federal workforce reductions and efforts to end the war in Ukraine. ...CBS News - 2d -
Ocasio-Cortez skipping Trump address, will live post instead
Rep. Alexandria Ocasio-Cortez (D-N.Y.) said she will not attend President Trump’s address to the joint session of Congress Tuesday night. She said she will be posting live about the speech on ...The Hill - 1d -
How will Trump address rising prices as new tariffs take form?
President Trump's tariffs on goods from Canada, Mexico and China are bound to increase prices for Americans. CBS News' Weijia Jiang reports as Mr. Trump prepares to address both chambers of Congress.CBS News - 1d -
Tariffs, Ukraine and Gaza loom over Trump's 'American Dream' address
The theme of Trump's Tuesday address is "Renewal of the American Dream," but he's also expected to remark on what his second-term agenda may mean for the world.ABC News - 1d -
Trump to make high-stakes address marking six weeks in office
Six weeks after his sweeping election win, President Trump is set to tout his accomplishments and the theme, according to the White House, of the “renewal of the American dream.” It comes as ...NBC News - 1d -
White House comms team 'pre-gaming' with McDonald's ahead of Trump address
Staffers in the White House Office of Communications enjoyed a meal from McDonald's ahead of President Trump’s first joint address before Congress of his second term. "White House Comms is ...The Hill - 1d
