Latest in Slower U.s Economy
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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 - 16h -
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 -
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 -
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 -
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 - Mar. 8 -
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 - Mar. 7 -
Lutnick: Canada becoming US state 'best way' to merge economies
Commerce Secretary Howard Lutnick said Wednesday that Canada becoming a U.S. state is the “best way” to merge the two countries’ economies. “The best way, the president has said it, the best way to ...The Hill - Mar. 12 -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - Mar. 10 -
5 risks facing the US economy under Trump
The fundamentals of the U.S. economy are in good shape, with low unemployment and robust growth in recent quarters. But warning signs have been flashing and markets have been sliding amid policy ...The Hill - Mar. 13 -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - Mar. 9 -
A radical European law could devastate the U.S. economy
The Corporate Sustainability Due Diligence Directive seeks to impose environmental, social, and governance (ESG) mandates on businesses worldwide.The Hill - 6d -
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 -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - 2d -
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief
President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.ABC News - Mar. 9 -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - Mar. 13 -
These states' economies could be hit hardest by EU tariffs
Tensions are escalating between the U.S. and Europe, stoking fears of a possible trade war.The Hill - 19h -
Half say Trump policies making economy worse: Poll
Half of Americans in a new poll say President Trump’s policies have made the U.S. economy worse in his first seven weeks in office. In a CNN poll released Thursday, 51 percent of respondents say ...The Hill - Mar. 13 -
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 - Mar. 13 -
CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan.CNBC - 3d -
CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
Aiming to boost the economy, U.S. President Donald Trump is firing off a salvo of policies and causing collateral damage within the country’s own borders.CNBC - Mar. 11 -
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 - Mar. 11 -
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 - 5d -
Many in small business were jubilant over Trump’s victory. They’ve since grown very uncertain about the U.S. economy.
Small-business owners — a group that emphatically cheered the election of President Donald Trump and a Republican Congress — now have nearly historic levels of uncertainty about the future.MarketWatch - Mar. 11 -
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 - Mar. 10 -
Morning Report — Trump, Fed split over tariff outlook and economy
In today’s issue: President Trump and allies revel in assertive decision making that keeps friends and foes off balance, even if resulting uncertainty turns out to be a drag on U.S. growth this ...The Hill - 3h -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - Mar. 10 -
'No pain, no gain’ is the motto of the new Trump economy
Why should the world’s biggest economy be treated unfairly?The Hill - Mar. 13 -
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 - 6d -
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 - 14h -
Canadians are mad as hell and ready for a battle over Trump tariffs
Canada is in a trade war with the U.S. due to Trump's tariffs and lies, and is retaliating by boycotting American goods, which will have a significant impact on the U.S. economy.The Hill - 4d -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - Mar. 11 -
Face the Nation: Graham, Dingell, Moore
Missed the second half of the show? The latest on the Trump administration's foreign policy on Iran and the impact of tariffs on the U.S. economyCBS News - 3d -
How close are we to a recession, and how will we know when we get there?
Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.CBS News - 1d -
U.S. retail sales barely rise, but investors see glimmer of good news in seemingly weak report
Retail sales barely rose in February, in another sign the economy might be weakening as businesses and consumers digest rapid-fire changes being made by the Trump White House.MarketWatch - 2d -
56 percent disapprove of Trump handling of economy: Survey
More than half of the respondents in a recent survey say they disapprove of President Trump’s handle on the economy. The CNN poll, released Wednesday, found that 56 percent of respondents ...The Hill - Mar. 12 -
Nearly half of Americans say economy worsening: Poll
Nearly half of Americans said the economy is worsening, according to a Thursday The Economist/YouGov poll. Forty-eight percent of respondents said they believe the economy is getting worse, while ...The Hill - 6d -
CCP Games appoints Head of Economy for Eve Frontier
CCP Games has hired Stefán Þórarinsson as its Head of Economy to roll out new updates and research for Eve Frontier.VentureBeat - Mar. 7 -
Is a home equity loan smart in today's economy?
A home equity loan could be the smart way to borrow a large sum of money in today's unique economy. Here's why.CBS News - Mar. 12 -
UK economy unexpectedly shrank by 0.1% in January
The U.K.'s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.CNBC - 6d -
Splurge or save? Americans struggle as tariffs hit economy
Families in the US are trying to dodge higher prices from tariffs, as worries rise about the economy.BBC News - 1d