Latest in February's Slight Inflation
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The crisis at IndusInd, India’s fifth-largest private bank
Also in this newsletter: Starlink set to enter India and inflation cools offFinancial Times - 1d -
Ten Pound Poms series two review – this trashy, soapy migration drama is a knockoff Call the Midwife
Michelle Keegan is the only nurse in this 50s-set drama about Brits emigrating to Australia, but its slight take on social issues that are relevant today recalls the BBC birthing drama . Sunday ...The Guardian - 5d -
Stewartville bounced from state tournament in consolation semis
Mar. 13—ST. PAUL — Stewartville saw its season end Thursday in the consolation semifinals of the Class 3A girls basketball tournament at Gangelhoff Center. The Tigers were knocked out 70-60 by No. ...Yahoo Sports - 1d -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - 5d -
Democrats ask judge to block Trump order giving him more control over FEC
In February, Mr. Trump signed an executive order to curtail the authority of independent regulatory agencies.CBS News - 3d -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - 2d -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 3d -
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. - 1d -
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 - 1d -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - 11h -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - Mar. 7 -
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 - Mar. 8 -
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 - 6d -
3/9: CBS Weekend News
Trump doesn't rule out recession, rising inflation; Vineyard owner has winery dog clonedCBS News - 4d -
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 - 3d -
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. - 3d -
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 companiesFinancial Times - 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 - 2d -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - 1d -
How much will a $10,000 long-term CD earn if opened this March?
Even with this week's inflation drop, a $10,000 long-term CD can still earn a big return if opened this March.CBS News - 7h -
How Trump’s ‘51st State’ Canada Talk Came to Be Seen as Deadly Serious
President Trump, in an early February call, challenged the border treaty between the two countries and told Justin Trudeau he didn’t like their shared water agreements.The New York Times - Mar. 7 -
Prince Frederik of Luxembourg dies at 22 from rare mitochondrial disorder
Frederik de Nassau died on March 1, in Paris, a day after internationally recognized Rare Disease Day, which takes place on the last day of February.CBS News - 5d -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 3d -
DeAndre Hopkins: I didn't think teaming up with Lamar Jackson, Derrick Henry was a possibility
When wide receiver DeAndre Hopkins agreed to a deal with the Ravens this week, many people dusted off a tweet of his from February 2020.Yahoo Sports - 9h -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - 2d -
Egg prices are rapidly falling so far in March
Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.CNBC - 1d -
Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year.NBC News - 1d -
Dollar General says some customers can no longer afford staples
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.CBS News - 1d -
The Fed is likely to hold interest rates steady. But some consumer loans are getting cheaper.
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation.NBC News - 10h -
Sources: Gap in money led to Marchand trade
The Bruins put a three-year deal on the table for Brad Marchand in February, but the sides had different perspectives on money, leading to his trade to the Panthers, sources told ESPN.ESPN - 6d -
CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...The Hill - 4d -
This five-star all-weather ETF can lower your exposure to risky stocks and bonds
The Harbor Commodity All-Weather Strategy ETF has matched the S&P 500’s performance since the fund was launched in February 2022 — but it has been a much smoother ride.MarketWatch - 1d -
Stocks slide into correction as tariff anxiety persists.
The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.The New York Times - 1d -
Wildlife biologist fired by DOGE continues working for free
In February, the Trump administration let go of over 2,300 probationary employees from the Interior Department as part of its effort to reduce the size of the federal workforce. One fired U.S. Fish ...CBS News - 4h -
Echoing a Roman Emperor, Croatia Tries to Cap Soaring Prices
Diocletian, who once ruled territory that now includes Croatia, tried and failed to rein in inflation by dictating prices. Today’s government hopes its own such plan will succeed.The New York Times - 5d -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 4d -
DOJ investigates U.S. egg producers amid soaring prices
The Department of Justice is investigating major U.S. egg producers for price fixing, as costs continue to rise. It comes as some lawmakers and advocacy groups accuse top U.S. egg producers of ...CBS News - 4d -
Dow falls 1,000 points, Nasdaq dives more than 4% as stock selloff gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent ...NBC News - 4d -
How federal lands can be used to ease the housing crisis
President Trump's pledge to open up federal land for housing construction could alleviate the housing market's top financial worry, which is inflation, by making homeownership more affordable.The Hill - 4d -
BlackRock's Fink says Trump deportations will have severe impact on agriculture, construction
"I think that over the next six to nine months, we're going to see a little more elevated inflation," Fink said the CERAWeek by S&P Global energy conference.CNBC - 4d