Latest in Economy Unexpectedly Contracted
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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 - 5d -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 4d -
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 - 4d -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - 4d -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 4d -
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.The New York Times - 4d -
How concerned should Americans be about a potential recession?
President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News ...CBS News - 3d -
Navarro: US in 'difficult transition from Bidenomics to Trumpnomics'
Peter Navarro, a senior trade adviser to President Trump, said Wednesday that the U.S. is “in a difficult transition from Bidenomics to Trumpnomics.” “Help us understand, what is the bigger picture ...The Hill - 3d -
A breakdown of major EPA deregulatory moves around water, air, climate
Environmental Protection Agency Administrator Lee Zeldin on Wednesday announced nearly three dozen deregulatory moves that he said would spur the U.S. economy by rolling back rules that have ...ABC News - 3d -
California regulators slam new-car-dealer campaign against emissions rule
California air quality regulators are pushing back against a recent ad campaign launched by new-car dealers, which maintain that stringent zero-emissions targets could ravage the Golden State's ...The Hill - 2d -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - 2d -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - 1d -
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 - 1d -
Make room Starbucks and McDonald's. China's Mixue and other brands win fans in Southeast Asia
Chinese food and beverage brands are gaining fans across Southeast Asia, offering alternatives to big name American chains and expanding Beijing's commercial and cultural sway in neighboring economiesABC News - 1d -
CAMEO CEO: Q&A
Galanis spoke to Inc.about the future of the creator economy, how Cameo is helping creators own, not rent, and monetize their audiences, and why building a diverse yet aligned team is essential to ...Inc. - 12h -
Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - 2h -
Flight cancellations at Germany’s Hamburg Airport affect more than 40,000 passengers after strike
Flight cancellations at Hamburg Airport after a surprise strike by workers affected more than 40,000 passengers on Sunday, a day before a planned wider protest across Germany amid new contract ...NBC News - 6d -
Bills QB Josh Allen gets new deal with reported record $250 million guaranteed
NFL MVP Josh Allen was rewarded Sunday with a contract extension that is reportedly worth $330 million, which would make him among the league’s highest-paid players.NBC News - 6d -
Refusing to fight: Israelis against the war in Gaza – video
For many Israelis, military service is a rite of passage that lasts two to three years. Being such a formative part of the social contract in Israel, it is unusual for eligible young people to ...The Guardian - 4d -
Source: Chiefs open up cap via Mahomes, Jones
The Chiefs have restructured the contracts of quarterback Patrick Mahomes and defensive tackle Chris Jones, freeing up $49.446 million in salary cap space, a source told ESPN.ESPN - 3d -
Sources: Saints' Mathieu, Jordan take pay cuts
Tyrann Mathieu and Cameron Jordan will sign new deals with expected pay decreases instead of the traditional restructures the Saints have used on several players' contracts this offseason to free ...ESPN - 2d -
Bruno Fernandes hits back at Sir Jim Ratcliffe: ‘It’s not nice to hear you’re not good enough’
Bruno Fernandes has hit back at Sir Jim Ratcliffe’s claims that some Manchester United players are “overpaid” by insisting those were the contracts the club gave them.Yahoo Sports - 2d -
Longo: Sporting director crucial for Milan as Theo has already blocked summer exit
Theo Hernandez’s future remains very uncertain as AC Milan have been unable to reach an agreement on the contract renewal. According to a report, the left-back has also blocked a potential summer ...Yahoo Sports - 1d -
Lyon fans send message to Nicolás Tagliafico
Nicolás Tagliafico (32) is expected to leave Olympique Lyonnais when his contract expires at the end of the seaon, however, the club’s fans have now called for him to stay. The Argentina internati...Yahoo Sports - 1d -
Inter to Lock Up Manchester United and Napoli Target
Inter are in advanced talks to renew the contract of Francesco Pio Esposito, who is being tracked by Manchester United and Leicester City because of his strong performances with Spezia in Serie ...Yahoo Sports - 1d -
Slot: “The Only Thing I Know Is I Want Van Dijk Here Next Season”
Van Dijk’s Contract Future Uncertain as Slot Pushes for StayVan Dijk Casts Doubt Over His Liverpool FutureVirgil van Dijk has added further uncertainty to his Liverpool future, admitting that he is ...Yahoo Sports - 1d -
Gophers basketball: Revenue sharing delays potential renovations to Williams Arena
In 2023, the Gophers athletics department contracted with an architectural design firm to explore the feasibility of renovations to Williams Arena or, to a lesser likelihood, building a new venue ...Yahoo Sports - 1d -
Panthers' Jaycee Horn speaks on being the highest-paid DB in NFL history
Jaycee Horn worked hard to get his record-breaking contract extension. And now, he wants to work even harder to get the Panthers some more wins.Yahoo Sports - 1d -
Roma Haven’t Gotten a Lot from Late Summer Signings
Roma shored up their backline in peculiar fashion last summer, bringing in two veteran defenders after deadline day since they were out of contract, Mats Hummels and Mario Hermoso, significantly ...Yahoo Sports - 1d -
Golden Knights sign G Hill to 6-year, $37.5M deal
The Golden Knights have signed goaltender Adin Hill to a six-year contract extension through the 2030-31 season, a deal that averages $6.25 million per year.ESPN - 1d -
Report: Crystal Palace Midfielder Close to New Deal
Will Hughes Set to Extend Crystal Palace Stay Amid Transfer InterestCrystal Palace are edging closer to securing the long-term future of Will Hughes, with reports suggesting that advanced contract ...Yahoo Sports - 1d -
Real Madrid eye €60 million La Liga talent as Trent Alexander-Arnold alternative – report
Real Madrid have made it an absolute priority to sign Liverpool right-back Trent Alexander-Arnold in the summer transfer window.The England international’s contract with the Reds expires at the end ...Yahoo Sports - 1d -
Le'Veon Bell's former high school removes his name from its field
Six years after he made news during free-agency week by signing a significant contract with the Jets, former NFL running back Le'Veon Bell is making news during free-agency week for different reasons.Yahoo Sports - 1d -
Bruno hits back at Ratcliffe's 'overpaid' comments
Bruno Fernandes has hit back at Sir Jim Ratcliffe's suggestion that some Manchester United players are overpaid by telling the British billionaire "the club agrees to do the contracts."ESPN - 1d -
Arsenal & Bayern keen on Williams - Saturday's gossip
Arsenal and Bayern Munich are in competition to sign Spain winger Nico Williams, while Newcastle striker Alexander Isak says he is likely to speak to the club about a new contract.Yahoo Sports - 1d -
The 49ers bring back Kyle Juszczyk days after cutting him, AP source says
Fullback Kyle Juszczyk is returning to the San Francisco 49ers on a two-year, $8 million contract just days after being cut, a person familiar with the deal told The Associated Press on Saturday. ...Yahoo Sports - 19h -
Could Steven Stamkos return to Lightning? There is now a precedent
TAMPA — It’s one thing to help out the Nashville Predators when they’re looking to unload some contracts and bring defenseman Ryan McDonagh back into the fold. The Lightning weren’t the same after ...Yahoo Sports - 18h -
Leeds handed blow in their pursuit of 27-year-old wide player
Bright Osayi-Samuel has been linked with a move away from Turkish club Fenerbahce at the end of the season.The 27-year-old Nigerian right back will be out of contract in the summer and he has been ...Yahoo Sports - 15h -
Report: “Van Dijk New Deal Closer Than Widely Assumed”
Van Dijk Edging Closer to New Liverpool ContractLiverpool are increasingly optimistic about securing a new contract for Virgil van Dijk, as speculation surrounding a potential move abroad has been ...Yahoo Sports - 15h -
Antoine Griezmann future to be decided in March as LAFC talks continue
Antoine Griezmann is undoubtedly an Atletico Madrid legend, but his time at the club could be coming to an end in the next few months. Despite the fact that he is contracted until the summer of ...Yahoo Sports - 13h