Latest in Reserve Cuts Economic
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Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.CBS News - 1h -
Will Trump's tariffs crash TV's spring ad-selling party?
The timing of an economic downturn could lead to companies cutting their ad budgets.Los Angeles Times - 16h -
Powell warns Fed could face rising inflation and weaker labor market, will wait on rate cuts
The Federal Reserve could face the “challenging scenario” of rising inflation at the same time the U.S. labor market is weakening, Fed Chair Jerome Powell said Wednesday.MarketWatch - 5h -
'Higher inflation and slower growth': Powell warns of tariff impact
Federal Reserve Chairman Jerome Powell said President Trump's "significantly larger than anticipated" tariffs will likely lead to "higher inflation and slower growth" while speaking at the Economic ...NBC News - 6h -
Sony hikes PlayStation 5 prices for Europe, UK and Australia citing economic turmoil
Sony says it will raise prices starting Monday for some PlayStation 5 video game consoles in Europe, Australia and New Zealand, citing global economic turmoilABC News - 2d -
Is college still worth it? It is for most, but not all, Federal Reserve finds
Earning a four-year degree is almost always worthwhile, but the return on your investment depends on several key factors.CNBC - 9h -
China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.The New York Times - 22h -
Biden calls out Trump administration's efforts to cut Social Security
During his first public speech since leaving office, former President Joe Biden called out the Trump administration’s efforts to cut Social Security. In less than 100 days the new administration ...NBC News - 1d -
Potential Tariff Pause for Auto Supply Chains Triggers More Economic Whiplash
The president said carmakers “need a little bit of time” to alter their operations to focus on domestic manufacturing for parts and vehicle assembly.Inc. - 1d -
UK inflation rate has fallen. Here's why it won't last long
Economic uncertainty globally and in the UK means there are conflicting forces at play with prices.BBC News - 14h -
Bank of Canada holds policy rate at 2.75%
Decision comes as country faces economic uncertainty from US trade warFinancial Times - 11h -
Asia’s straining middle class
For sustained income growth, policymakers must bolster economic resilienceFinancial Times - 9h -
A Harvard Scientist’s Tuberculosis Research Is Threatened by Trump’s Cuts
Researchers who have lost funds warned of long-term repercussions, but several said their school should still refuse to comply with the federal government.The New York Times - 1h -
Q&A: How has Trump changed the world order?
FT journalists answered questions on the changing trade, economic and geopolitical relationship between the US and its alliesFinancial Times - 10h -
New Pact Would Require Ships to Cut Emissions or Pay a Fee
A draft global agreement sets a fee for cargo ships, which carry the vast majority of world trade, to pay for their greenhouse gas emissions.The New York Times - 5d -
DOGE Cuts Hobble Office That Would Aid NASA and SpaceX Mars Landings
The Astrogeology Science Center, which has helped astronauts and robots reach other worlds safely, is facing a substantial number of job reductions.The New York Times - 2d -
To Fight Federal Job Cuts, Energy Experts and States Try a New Argument
In letters to multiple agencies, the focus is on how job reductions at E.P.A., Interior and other agencies would hurt President Trump’s “energy dominance” agenda.The New York Times - 2d -
Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.The New York Times - 2d -
UK Cuts Tariffs on Dozens of Products as Global Trade Tensions Rise
British officials also announced more financing for exporters as the country sought to protect firms hurt by tariffs.The New York Times - 1d -
How Trump Might Unwittingly Cut Emissions From Online Shopping
Fast fashion retailers rely heavily on shipping by air. The president’s tariffs could change that.The New York Times - 1d -
US ‘paradise’ base on alert as Europe braces for Trump’s Nato cuts
Key to alliance’s anti-missile shield, Rota is among 38 bases across Europe at risk of a withdrawal by WashingtonFinancial Times - 22h -
Trump’s Threats Force Powerful Institutions to Choose: Cut a Deal or Resist
In a hint of a shift in strategy, some of the country’s most powerful institutions have started choosing to resist.The New York Times - 2h -
UK advertisers cut spending for the first time in four years on tariff turmoil
More companies are reducing ad budgets than increasing them, trade body findsFinancial Times - 3h -
DOGE Cuts Pull AmeriCorps Volunteers Off of Disaster Relief Jobs
Workers for the National Civilian Community Corps were sent home due to “new operational parameters.” The program’s long-term fate is unclear.Wired - 4h -
RFK Jr. Offers Qualified Support for Measles Vaccination
In an interview with CBS, the health secretary also suggested he wasn’t familiar with massive cuts to state funding for public health.The New York Times - Apr. 10 -
‘Bad Business’: Corporate Gloom Rises Over Trump’s Tariffs
Global markets are bouncing back, but a new survey of company chiefs finds that they’re on edge and are looking to cut back on investment.The New York Times - 2d -
A Judge Threatened to Hold Trump Officials in Contempt
Also, Americans are being cut off from cheaper obesity drugs. Here’s the latest at the end of Wednesday.The New York Times - 4h -
Parents are ‘hunkering down financially’ to brace for Trump tariff impact
American families are cutting back on summer camps and vacations and delaying major purchases as they prepare to weather a trade war.MarketWatch - 1h -
Amex GBT puts AI at the center of SOC automation, threat modeling, incident response
Amex GBT CISO David Levin is accelerating AI security, cutting false positives and speeding SOC response to anticipate and shut down threats.VentureBeat - 2d -
Many HBCUs need government funding but some are preparing for a future without it
Colleges across the country are facing battles with the federal government over funding, but similar cuts and the potential elimination of the Education Department may be existential for ...NBC News - 5h -
Elon Musk’s DOGE Team Building System to Sell ‘Gold Card’ Immigrant Visas
The project represents something of a shift in mission for Elon Musk’s initiative, from cutting government costs toward a new goal of generating revenue.The New York Times - 2h -
In South Africa, a needle exchange program for drug users feels the effects of Trump's aid cuts
A secluded corner near South Africa’s capital is home to dozens of people with drug addictionABC News - Apr. 4 -
Measles exploded in Texas after stagnant vaccine funding. New cuts threaten the same across the US
The measles outbreak in West Texas didn’t happen just by chanceABC News - 3d -
Patients Cut Off From Cheaper Obesity Drugs as FDA Halts Sales of Copycats
U.S. regulators are trying to shut down the industry for compounded weight-loss drugs, which could result in higher costs or suspend treatment for patients.The New York Times - 11h -
Even with tariffs looming, Jim Cramer says consumer companies must cut prices
CNBC's Jim Cramer on Wednesday told investors it is likely consumer-oriented companies will be compelled to lower prices.CNBC - 2h -
OpenAI’s new GPT-4.1 models can process a million tokens and solve coding problems better than ever
OpenAI launched a new family of AI models this morning that significantly improve coding abilities while cutting costs, responding directly to growing competition in the enterprise AI market. The ...VentureBeat - 2d -
American women and children are in crisis. Republicans are about to make it worse | Karen Dolan
Donald Trump’s budget could gut Medicaid, cut food assistance for millions and lead to 40,000 kids losing childcare. Women and children are under threat in America.. Jocelyn Smith of Roswell, New ...The Guardian - 14h -
Meta CEO Mark Zuckerberg wraps up testimony in antitrust case
Meta CEO Mark Zuckerberg is emphasizing that he bought Instagram and WhatsApp because he liked the companies — not to cut competition as the Federal Trade Commission alleges in a historic antitrust ...ABC News - 5h