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Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation this year, complicating its decision on whether to cut interest rates ...MarketWatch - 1d -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - Mar. 12 -
Cadillac expects one of every three vehicle sales to be EVs in 2025
Cadillac expects up to 35% of its U.S. sales this year to be EVs, as it continues to expand its lineup despite industrywide slower-than-expected adoption.CNBC - 2d -
Pace of deportation flights under Trump is slower than under Biden
Countries that received more deportation flights don't see major changes and predict that the year will end with fewer deportees than previous years.NBC News - Mar. 13 -
Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” uncertainty into the outlook.The New York Times - 1d -
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.CNBC - 2d -
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this yearCNBC - 1d -
U.S. to continue strikes on Houthis
Defense Secretary Pete Hegseth said the U.S. will continue strikes on Iran-backed Houthi rebels in Yemen. Willie James Inman reports.CBS News - 4d -
Trump signs order to increase critical mineral production in the U.S.
The U.S. is depends on imports for some critical mineral needs.CNBC - 3h -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - Mar. 10 -
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...CBS News - Mar. 10 -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - Mar. 10 -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - Mar. 11 -
NBC to broadcast Olympics in the U.S. through 2036
Comcast NBCUniversal signs deal with IOC for U.S. broadcast rights worth $3 billion.Yahoo Sports - Mar. 13 -
Drone swarms inside the U.S. could be spying
The U.S. military is searching for ways to track and stop drone swarms flying over sensitive national security sites.CBS News - 4d -
Investors are fleeing U.S. stocks as tariff risks loom
Mounting concerns about the Trump administration's trade policies are driving institutional investors away from U.S. stocks.CBS News - 2d -
FedEx is the latest company to sound the alarm on the U.S. economy
FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S. industrial economy.”MarketWatch - 5h -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - Mar. 8 -
China rolls out retaliatory tariffs on U.S. agricultural goods
China rolls out retaliatory tariffs on U.S. agricultural goodsNBC News - Mar. 10 -
This sector may be the ‘accidental beneficiary’ of a U.S. growth scare, says JPMorgan
Emerging markets may be helped by a weaker dollar and lower U.S. interest ratesMarketWatch - 3d -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - Mar. 10 -
Trump's tariffs could push U.S. allies elsewhere — including China and India
U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U.S. diplomat Wendy Cutler.CNBC - 6d -
Behind Trump's latest comments on a U.S. recession
President Trump seems confident that his tariffs will reap great rewards for the U.S., but he is not ruling out the possibility of a recession. CBS News' Weijia Jiang reports.CBS News - Mar. 10 -
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 - Mar. 12 -
Accused drug trafficker wanted in U.S. is captured in Mexico
One of Guatemala's most wanted drug traffickers, Aler Baldomero Samayoa Recinos, was captured in Mexico and awaits extradition to the U.S., officials said.CBS News - Mar. 12 -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - Mar. 9 -
Breaking down the U.S.-Ukraine peace talks
U.S. and Ukrainian officials are set to hold talks this week in Saudi Arabia about ending the war between Ukraine and Russia. CBS News senior foreign correspondent Holly Williams reports on the ...CBS News - Mar. 10 -
Trade partners impose new tariffs on U.S.
Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...NBC News - Mar. 10 -
U.S., Ukrainian officials begin talks in Saudi Arabia
U.S. and Ukrainian officials have started high-level, face-to-face talks in Saudi Arabia aimed at bringing an end to the war between Ukraine and Russia. CBS News senior foreign correspondent Holly ...CBS News - Mar. 11 -
Is the new inflation data a good sign for the U.S. economy?
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 12 -
Powerful storm barrels east across U.S.
The National Weather Service is warning of just about every kind of danger, including tornadoes, hail, thunderstorms and hurricane-force winds as a large storm system moves across the U.S. ...CBS News - 6d -
Rubio says the U.S. will revoke more student visas
Secretary of State Marco Rubio announced that the U.S. will revoke more student visas in the coming days. At a G-7 meeting in Canada Friday, Rubio accused some student protesters with visas of ...CBS News - 6d -
How Trump’s Tariffs Affect U.S. Farmers
Retaliatory tariffs are hitting U.S. farmers hard, particularly in states that voted for Trump. Ana Swanson, an Iowa native who covers trade and international economics for The New York Times, ...The New York Times - 5d -
U.S. to continue airstrikes on Houthi targets in Yemen
The Pentagon says it will continue attacking targets in Yemen until Houthi rebels stop attacking shipping in the Middle East. The U.S. launched air strikes targeting the Iranian-backed group over ...CBS News - 3d -
Are the latest U.S. strikes against Houthis an escalation?
The U.S. military fired a series of airstrikes over the weekend targeting Iranian-backed Houthi rebels in Yemen. The strikes killed at least 53 people, according to the Houthi health ministry. CBS ...CBS News - 3d -
McKennie: U.S. needs 'nastiness' in CNL defense
United States midfielder Weston McKennie said it's "about time" that the U.S. brings some "nastiness" to its game ahead of Thursday's Concacaf Nations League semifinal against Panama.ESPN - 4h -
Immigration checkpoints are a way of life in areas within 100 miles from U.S. borders
For a large swath of the U.S. population, checkpoints are a regular part of life, where they must affirm that they are citizens or have legal residency in the U.S.NBC News - 5d -
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 - Mar. 10 -
Thousands of Afghans approved for travel after helping the U.S. are stuck in limbo
Thousands of Afghans who helped the U.S. military have been blocked from reaching American soil, including families separated from their loved ones who made it to the U.S. Margaret Brennan has the ...CBS News - Mar. 12 -
Oil prices rise after U.S. vows ‘unrelenting’ attacks on Houthis
Oil futures climbed on Monday, finding support after the U.S. over the weekend launched U.S. strikes on Houthi rebels in Yemen, raising the risk of disruptions to oil flow in the region.MarketWatch - 3d