Latest in Tumble Concerns Economy
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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 -
Stock losses gain momentum as 2025 sell-off rolls on
Markets plunged deeper into the red Tuesday as a major sell-off prompted by fears of a slowing economy rolled on.NBC News - Mar. 11 -
White House: Stock market plunge is not as 'meaningful' as business activity
The Trump administration contends that investments and growth from top businesses means more for the economy than the recent stock market rout.CNBC - Mar. 11 -
Trump crackdown forces Latin America’s migrant flows into reverse
A Colombian town adapted its economy to Darién Gap travellers. Now only a few are travelling — and in the opposite directionFinancial Times - Mar. 11 -
This Softbank-Backed Startup Wants to Put a Professional Economist in Your Pocket
Labelbox recruits finance and economics experts to make AI platforms even better at analyzing the economy.Inc. - Mar. 11 -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - Mar. 11 -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - Mar. 12 -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - Mar. 12 -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - Mar. 12 -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 6d -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - 6d -
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 - 6d -
Jim Cramer: The White House should change its messaging
CNBC's Jim Cramer on Thursday lamented the negative sentiment surrounding the economy, which he thinks the White House is currently projecting.CNBC - 6d -
Why it might get worse for US stocks
Uncertainty over Trump policy will soon hit the economy with few short-term catalysts for a turnaroundFinancial Times - 5d -
They lost their federal jobs and now can’t get jobless benefits: ‘You’re left watching your bank account slowly bleed’
Fired federal workers are having trouble getting unemployment benefits — and some experts fear that could spell trouble for the broader economy.MarketWatch - 4d -
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 -
Officials do not fully understand UK skilled worker visa, watchdog says
National Audit Office finds Home Office cannot say what the immigration mechanism is contributing to the economyFinancial Times - 2d -
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 - 2d -
Trump’s trade war will damage global growth, OECD warns
Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriersFinancial Times - 2d -
Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis
Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run.CNBC - 2d -
Bet on Nigerian recovery draws investors seeking to dodge trade wars
Africa’s most populous country among former crisis-hit economies attracting foreign inflowsFinancial Times - 1d -
Why Germany Wants to Loosen Its Debt Brake
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.The New York Times - 1d -
Frontier Airlines offers free checked bags promotion in swipe at Southwest
Budget carrier Frontier Airlines is offering free checked luggage and economy bundles that come with seat assignments and carry-on bags.CNBC - 1d -
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 -
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 - Mar. 9 -
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 - Mar. 10 -
Skirmish in Syrian Capital Raises Fears of Expanding Violence
The overnight clash in Damascus appeared to have been contained, but it has heightened concerns that the violence sweeping the country’s coastal region could spread.The New York Times - Mar. 10 -
Ukraine war briefing: Airstrikes on Kyiv; Zelenskyy promises ‘fully constructive’ talks in Saudi Arabia
Air defences engaged in repelling Russian attack on Ukrainian capital; Zelenskyy says ‘significant’ part of talks in Saudi Arabia will concern security guarantees Continue reading...The Guardian - Mar. 11 -
The UK fears environmental damage as ships burn after North Sea collision
British officials are concerned about environmental damage after a cargo ship carrying a toxic chemical hit a tanker transporting jet fuel off eastern EnglandABC News - Mar. 11 -
Trump’s Call to Scrap ‘Horrible’ Chip Program Spreads Panic
The president’s attack on the key tenet of the Biden administration’s industrial policy has set off concerns that he may claw back its funding.The New York Times - Mar. 11 -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - Mar. 11 -
Why a ‘good’ CPI report on Wednesday may not be enough to turn stock-market carnage around
Wednesday’s consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns could help stem the stock-market selloff.MarketWatch - Mar. 12 -
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 -
L.A.’s Clear Skies Conceal a ‘Toxic Soup’
Scientists collecting water, air and soil samples in neighborhoods ravaged by fires say they’re concerned about long-term health risks for residents.The New York Times - Mar. 12 -
Asia-Pacific stocks fall even after soft U.S. inflation report pushes two Wall Street benchmarks up; Seven & i shares rise as much as 3.6%
The Nasdaq Composite picked up after the soft inflation report eased concerns about a looming recession and as investors snapped up technology shares.CNBC - 6d -
The U.S.-Canada trade war could signal a shift in economic ties, experts say
The U.S.-Canada trade war could shift economic ties as tariffs rise and tensions grow, raising concerns about future trade stability, experts say.CNBC - 5d -
Tesla, in a letter, tells Trump administration it's worried about tariffs
In a letter to Trump officials, Tesla raised concerns about the president's tariffs -- but it's unclear if CEO Elon Musk was personally involved in sending the letter.ABC News - 5d -
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.The New York Times - 4d -
Department of Education cuts expected to have 'huge impacts' on teachers
After the Department of Education gutted nearly 50% of its workforce, educators have expressed deep concern -- not only for students' futures but for their own as well.ABC News - 4d -
Europe needs ‘big bang moment’ to boost investment, says Deutsche Börse chief
Stephan Leithner says EU should take advantage of investors switching into region’s markets away from US as tariff concerns growFinancial Times - 3d