Latest in U.s Billion Retaliatory
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Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 3d -
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 - 3d -
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 - 2d -
Measles on the rise in U.S. with infections reported in 15 states
Measles is spreading across the country at an increasingly alarming rate. Health officials are reporting cases of the highly infectious disease in more than a dozen states. CBS News' Omar ...CBS News - 2d -
Map shows U.S. travel advisories by country
Questions have surfaced around the safety of traveling to the Dominican Republic and other Caribbean tourist destinations, including Turks and Caicos Islands.CBS News - 2d -
U.S. Negotiators Are en Route to Moscow, Kremlin Says
President Vladimir V. Putin of Russia is weighing a 30-day cease-fire proposal from the United States and Ukraine.The New York Times - 2d -
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 - 1d -
A Judge Ordered the U.S. to Rehire Thousands of Workers
Also, Putin said he was open to a cease-fire, but with many conditions. Here’s the latest at the end of Thursday.The New York Times - 1d -
A total lunar eclipse will be visible across the U.S. tonight
A total lunar eclipse will be visible on Thursday night or early Friday morning, with the moon appearing reddish as it passes through Earth’s shadow.NBC News - 1d -
U.S. business owners respond to tariff war
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. ...CBS News - 1d -
German Tourists Detained for Weeks, Then Deported From U.S.
Amid President Trump’s border crackdown, German news media have closely followed the treatment of two tourists who say they tried to enter the United States legally.The New York Times - 1d -
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.The New York Times - 1d -
Trump Administration Expels South Africa’s Ambassador to the U.S.
Secretary of State Marco Rubio had lashed out on social media over comments critical of President Trump that the ambassador had made to a think tank in Johannesburg.The New York Times - 10h -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - Mar. 5 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - 5d -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - 5d -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - 4d -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - 4d -
UN to rent Bangladesh property owned by former regime associate
Sobhan family under scrutiny amid efforts to claw back billions of dollars allegedly lost under Sheikh Hasina’s ruleFinancial Times - 4d -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - 3d -
Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B
Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.VentureBeat - 3d -
Comcast expands partnership with Olympics, extends media rights through 2036
Comcast gained the rights to broadcast the Olympic Games through 2036 as part of a new $3 billion agreement with the International Olympic Committee.CNBC - 1d -
Taxpayers will suffer if Thames Water collapses, warns regulator
Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.BBC News - 1d -
Does cutting welfare benefits work?
The government is to set out details of how it will save billions of pounds from the working welfare bill.BBC News - 22h -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - 19h -
Several civilians reportedly killed in Syrian clashes, U.S. and Russia call for U.N. meeting
U.S. and Russian diplomats have called for the United Nations Security Council to meet Monday amid escalating violence in Syria. Clashes between Syrian forces and loyalists of ousted President ...CBS News - 5d -
U.S. and Ukraine discuss ending war as Kyiv launches its largest drone attack on Russia
As U.S. and Ukrainian officials begin peace talks in Saudi Arabia, Kyiv carried out its largest drone attack on Russia since the war began. Russian officials claim they shot down hundreds of ...CBS News - 4d -
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 - 4d -
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House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 3d -
Federal Grant Program Opens Door to Elon Musk’s Starlink
Under new rules from President Trump’s Commerce Department, a $42 billion high-speed internet effort will no longer favor fiber-optic cable.The New York Times - Mar. 6 -
Paramount says Trump's CBS '60 Minutes' lawsuit seeks to 'punish' network
Paramount on Thursday asked a federal judge in Texas to dismiss the $20-billion lawsuit. The media company separately has agreed to have a mediator look at the case.Los Angeles Times - Mar. 6 -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - Mar. 7 -
Claimant: Opioid victims not getting justice in proposed Purdue settlement
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case.CBS News - 5d -
iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale
A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.Inc. - 2d -
Rays not moving forward with new stadium plans
The Tampa Bay Rays will not proceed with the development of a $1.3 billion baseball stadium in St. Petersburg, Florida, principal owner Stuart Sternberg said.ESPN - 1d -
How climate change is threatening the maple syrup industry
Winter turning to spring marks the sweet season for maple syrup production. But climate change is threatening the $1.5 billion industry. David Schechter explains.CBS News - 1d -
Trump threatens 200% tariff on EU liquor; US stocks continue to fall
Recession fears are growing as President Donald Trump is threatening to impose 200 percent tariffs on alcohol from the European Union, sending stocks plunging yet again. "I'm not going to bend at ...NBC News - 1d -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - Mar. 7 -
Son of ruthless cartel leader gets life in U.S. prison for trafficking drugs
Rubén Oseguera, known as "El Menchito", is the son of Nemesio "El Mencho" Oseguera, the fugitive cartel boss of the Jalisco New Generation cartel.CBS News - Mar. 7