Latest in Slower U.s Economy
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India’s $1bn bet on the creator economy
Also in this newsletter: a surge of new millionaires, and Ajit Dayal’s mantraFinancial Times - 3d -
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 -
Watch live: White House holds briefing as fears over economy, trade war mount
White House press secretary Karoline Leavitt will hold a press briefing Tuesday afternoon as President Trump's tariffs and dips in the stock market have raised concerns over the economy. Trump on ...The Hill - Mar. 11 -
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this monthABC News - 6d -
UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened
UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’. Let’s look at the GDP figures in more detail.. ...The Guardian - 6d -
Poll: Trump faces early challenges on the economy as a united GOP backs big change
Voters are starting 2025 sour on the state of the economy and President Donald Trump’s handling of it so far, even as his election to a second term sparked an upswing in positive feelings about the ...NBC News - 4d -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - Mar. 9 -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - Mar. 10 -
Dow plunges 890 points after Trump declines to rule out recession
The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession. The Dow Jones Industrial Average closed with ...The Hill - Mar. 10 -
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the ...MarketWatch - Mar. 13 -
Americans confront GOP lawmakers over federal job cuts and economy at town halls
Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...CBS News - 6d -
Stocks slide as Trump warns of US economy 'transition'
Investors are nervous about the possibility of a US recession, say experts.BBC News - Mar. 10 -
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Donald Trump Jr: championing the Maga economy
ESG and DEI are out as the US president’s son makes lucrative investments that align with his father’s vision of AmericaFinancial Times - Mar. 12 -
UK economy unexpectedly contracted 0.1% in January
Figure underscores challenge for chancellor Rachel Reeves ahead of high-stakes Spring StatementFinancial Times - 6d -
How the US economy lost its aura of invincibility
Tariffs and cuts to the federal workforce are raising uncertainty and sapping confidence, while investor exuberance has fadedFinancial Times - 6d -
Rachel Reeves: turning a weak economy into a strong hand
Chancellor wins plaudits from Tories for tough spending decisions but cabinet colleagues grow uneasyFinancial Times - 6d -
Here's what a key index is saying about the economy
The Russell 2000 index, made up of small-cap companies, is close to entering a bear market. Here's what that means.CBS News - 6d -
Indonesian stocks tumble 4% on concerns over economy
Jakarta index among world’s worst performers as slowing consumption and government spending rattle investorsFinancial Times - 2d -
Trump’s regulatory rollbacks are bad for the environment and the economy
Longer lifespans free from pollution and natural disasters do not stand in the way of progress, they are the definition of progress. Americans can still come together to work for a future that is ...The Hill - 13h -
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 - 6h -
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 -
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 -
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 -
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