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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 - 22h -
U.S. economy on shaky footing, Trump calls it a "detox period"
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's ...CBS News - 3d -
Trump says a transition period for the economy is likely: 'You can’t really watch the stock market'
Officials have spent the past several days bracing Americans for a slowdown that they say will lead to stronger growth ahead.CNBC - 1d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 4d -
Trump vowed to make the economy better on Day 1. Now he says US is in 'transition.'
After vowing to immediately make America more affordable if elected, Trump now says the nation faces a "period of transition."ABC News - 2h -
Greenland's leader says Trump's threats are fueling mistrust of U.S.
Ahead of Greenland's election, its prime minister says Trump's rhetoric makes residents less inclined to accept his offer "to be a part of" the U.S.CBS News - 2d -
UK troops may need to protect peace in Ukraine for 'many years'
Former national security adviser says the UK needs to be "willing" to deploy troops for potentially quite a long period.BBC News - 4d -
China says it’s willing to cooperate with the U.S. on fentanyl
China is willing to do more to address U.S. concerns about illicit fentanyl trade, an official from the Ministry of Foreign Affairs told reporters Wednesday.CNBC - 5h -
‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.
Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...NBC News - 7h -
Trump eyes slashing ACA enrollment period
The Trump administration is proposing shortening the period in which people can enroll in Affordable Care Act Marketplace plans and disallowing “Dreamers” from getting coverage through the program. ...The Hill - 1d -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 1d -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - 1d -
Club is in period of change - Ratcliffe
Manchester United co-owner Sir Jim Ratcliffe speaks to BBC Sports editor Dan Roan about the club's finances, redundancies and the players they've inherited.BBC News - 1d -
What's behind Trump offering White South African farmers U.S. citizenship?
Trump says he'll offer White South African farmers "safe refuge" as U.S. citizens, but do they actually want it?CBS News - 1d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 10h -
Ukraine is willing to accept a 30-day ceasefire with Russia, U.S. officials say
Ukraine is ready to accept a 30-day ceasefire with Russia, according to U.S. officials who met with Ukrainian officials in Saudi Arabia. This comes as the Trump administration agreed to lift a ...CBS News - 20h -
Trump proposes cutting ACA enrollment period, ending 'Dreamer' coverage
The Trump administration is proposing to shorten ObamaCare's annual open enrollment period by a month, a move the administration said is aimed at helping consumers pick the right plan. According to ...The Hill - 1d -
At Crypto Summit, Trump Says U.S. Will Be ‘the Bitcoin Superpower’
The first-of-its-kind event at the White House with top crypto executives showcased the president’s embrace of the once-renegade industry.The New York Times - 4d -
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?CBS News - 41m -
Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat
Porsche is part of Volkswagen Group, which has an assembly plant and other facilities in the U.S.CNBC - 2h -
Takeaways from U.S.-Ukraine talks in Saudi Arabia
Secretary of State Marco Rubio says the ball is in Russia's court after Ukraine agreed Tuesday to a 30-day ceasefire proposal. Ravi Agrawal, editor-in-chief of Foreign Policy magazine, joins ...CBS News - 18h -
Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.NBC News - 2d -
Rescue operation underway after U.S. tanker hits container ship off U.K. coast
A U.S. oil tanker has collided with a cargo ship off the coast of England in the North Sea, prompting a major rescue mission, officials say. CBS News' Ian Lee reports.CBS News - 2d -
Trump says he sent a letter to Iran's supreme leader over country's advancing nuclear program
U.S. President Donald Trump says he sent a letter to Iran’s Ayatollah Ali Khamenei, something not immediately confirmed by the supreme leaderABC News - 5d -
1 crew member missing after Portuguese-flagged ship slams U.S. tanker in North Sea
A Portugese-flagged cargo ship slammed into a U.S. tanker that is still burning in the North Sea. Britain's coast guard says 36 crew members were rescued and brought to shore after the crash, but ...CBS News - 1d -
RFK Jr. could further deter childhood vaccinations as rates fall in the U.S.
Some health policy experts say Kennedy's early moves as HHS Secretary are concerning and suggest that he could undermine immunizations in less direct ways.CNBC - 3d -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 1d -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 5d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 20h -
These are the 10 best countries for working women—the U.S. isn't in the top 10: 'It really should be doing better,' expert says
The Economist compared working conditions for women across the 29 countries in the Organization for Economic Co-operation and Development.CNBC - 4d -
Judge says Palestinian activist Mahmoud Khalil cannot be removed from U.S. as protesters call for his release
As hundreds of demonstrators rallied in New York City on Monday to demand the release of Mahmoud Khalil, a federal judge just steps away blocked the Palestinian activist and Columbia University ...NBC News - 2d -
L'Oreal CEO plays down the impact of U.S. tariffs, says he's 'not overly concerned'
L'Oreal CEO Nicolas Hieronimus said he is "not overly concerned" over the impact of White House tariffs on the company.CNBC - 1d -
Ukraine Supports 30-Day Cease-Fire as U.S. Says It Will Resume Military Aid
The deal announced on Tuesday delivered new momentum to efforts to halt the fighting, with the ball for any truce now in Russia’s court, said Secretary of State Marco Rubio.The New York Times - 7h -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 2d -
This solid market indicator says to buy stocks now and enjoy double-digit gains
Gold/platinum ratio has an impressive record. It’s turned bullish on U.S. equities.MarketWatch - 4d -
All HHS workers given $25,000 voluntary buyout offer, source says
All employees in the U.S. Department of Health and Human Services were notified Friday of the option to voluntarily resign in exchange for a $25,000 payment.CBS News - 3d -
Captain of Ship That Hit North Sea Tanker Is Russian, Company Says
The police in Britain detained the ship’s captain on suspicion of gross negligence after it crashed into an oil tanker that was being operated by the U.S. Navy.The New York Times - 5h -
Russia says it is awaiting details on ceasefire proposal with Ukraine
Ukraine has said it's ready to accept a 30-day ceasefire with Russia after high-level talks with U.S. officials this week in Saudi Arabia. The deal will now be presented to Russia. CBS News senior ...CBS News - 1h -
Ukrainian soldier who lost both legs in Russian drone strike says "freedom is expensive"
U.S. and Ukrainian officials are holding talks in Saudi Arabia on ending the war in Ukraine. Secretary of State Marco Rubio, heading the U.S. delegation, suggested Ukraine will have to agree to let ...CBS News - 1d -
North Korea fires several ballistic missiles after U.S. and South Korea begin military drills
North Korea fired multiple ballistic missiles into the sea Monday, hours after South Korea kicked off its annual joint military drills with the United States. South Korea's military says it has ...CBS News - 2d