U.S. economy on shaky footing, Trump calls it a "detox period"
Read more at CBS News
-
The US economy is heading for recession
Donald Trump’s policy agenda is sapping American animal spiritsFinancial Times - 1d -
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 - 15h -
Trump says US economy in 'transition' as trade war escalates
New retaliatory tariffs from China targeting some US farm products came into effect on Monday.BBC News - 6h -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 2d -
Ireland urged to ‘wake up’ as Trump exposes economic reliance on the US
Economy faces ‘frog in a pot’ problem unless infrastructure and innovation improve urgentlyFinancial Times - 9h -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...The Guardian - 18h -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - 4h -
Trump urged to appoint N Ireland envoy amid US investment ‘concern’
Lawmakers call on president to continue tradition of sending an emissary to the regionFinancial Times - 5h -
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 - 2d -
As Trump shakes the international order, China casts itself as a model of stability
Even as its economy slows, China is using its annual National People's Congress to present itself as a global stalwart as Trump upends America's alliances.NBC News - 1d -
US exits fund that compensates poorer countries for global heating
Trump pulls out of Cop28 loss and damage deal that recognises harms done by richer, polluting economies to vulnerable nations. The Trump administration has withdrawn the US from a global agreement ...The Guardian - 2d -
Donald Trump bets propel Michael Platt’s BlueCrest to 15% gain
Hedge fund turned family office eclipses rivals with currency and bond wagers on a slowing US economyFinancial Times - 59m -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 2d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 1d -
Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist
Rather than buy bitcoin directly, Donald Trump’s plan calls for holding the US government’s current bitcoin assets in reserve—and creates a separate stockpile for other crypto coins.Wired - 2d -
Marco Rubio: one-time Russia hawk makes stunning U-turn under Trump
The secretary of state was once a prominent Ukraine supporter and called Putin a ‘war criminal’ – not any more. Marco Rubio , the US secretary of state, looked on as Donald Trump demanded more ...The Guardian - 2d -
Muslim nations reject Trump's call to empty the Gaza Strip of its Palestinian population
Foreign ministers from Muslim nations rejected calls by U.S. President Donald Trump to empty the Gaza Strip of its Palestinian population and backed a plan for an administrative committee of ...ABC News - 2d -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 1d -
President Trump Called Out Canada. The Country’s National Hero Stayed Silent.
Wayne Gretzky is known as the “Great One.” But his allegiance to Trump has left many Canadians feeling deeply betrayed.The New York Times - 23h -
US will be ‘central’ to climate fight even without Trump, says Cop30 president
André Corrêa do Lago suggests US organisations can play a constructive role even if government limits participation. The US will be “central” to solving the climate crisis despite Donald Trump’s ...The Guardian - 1h -
Democrats need ‘new voices’ in fight against Trump, says Sen. Slotkin
In an exclusive interview with Meet the Press, Sen. Elissa Slotkin (D-Mich.), who delivered the Democratic response to President Trump’s joint address, says Democrats are still “finding our ...NBC News - 1d -
The US economic trump card
There is huge scope for householders to tap home equity lines of creditFinancial Times - 9h -
US lumber prices slide on Trump’s Canadian tariffs delay
Futures close to record high after US orders investigation into dumping practicesFinancial Times - 1d -
Global stocks fall as Wall Street heads for further declines
Treasuries rally amid continuing investor gloom over outlook for US economyFinancial Times - 3h -
The US Army Is Using ‘CamoGPT’ to Purge DEI From Training Materials
Developed to boost productivity and operational readiness, the AI is now being used to “review” diversity, equity, inclusion, and accessibility policies to align them with President Trump’s orders.Wired - 4d -
What does the first job report under Trump mean for the economy?
A new jobs report released Friday shows 151,000 new jobs were added last month short of the 170,000 jobs expected. The early data does not yet take into account the mass layoffs across the federal ...NBC News - 2d -
Canadians believe that Mark Carney is the man to stand up to Donald Trump | Colin Horgan
The newly appointed Liberal leader is likely to call a federal election to bolster his mandate, but Canadians seem to see him as the best bet to counter US tariffs. When Mark Carney took the job as ...The Guardian - 4h -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - 2d -
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 - 6h -
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
In the lead up to the inauguration, the six largest US banks left a voluntary alliance with the UN to reach net zero by 2050. Now, critics are calling for new climate laws.Wired - 2d -
Trump administration briefing: US backs Russia ahead of G7, Republican spending bill boosts defense
US has reportedly rejected Canadian proposal to tackle Russian ‘shadow fleet’, Republican bill trims everything aside from defense – key US politics stories from Saturday at a glance. The US has ...The Guardian - 1d -
JD Vance’s cousin says vice-president and Trump are ‘useful idiots’ to Putin
Nate Vance reportedly spent three years trying to help Ukraine repel Russian troops and has been alarmed by his cousin’s remarks. US politics live – latest updates After voluntarily fighting ...The Guardian - 32m -
They lost 52 soldiers fighting alongside the US. Now they feel threatened by Trump
Danes, who have been loyal allies of Washington, are blindsided by Trump's insistence on taking over Greenland.BBC News - 2d -
Alzheimer’s research centers face Trump-imposed $65m funding delay across the US
Researchers report difficulties retaining staff as White House cost-cutting stresses US medical research system. Major Alzheimer’s disease research centers across the country face a $65m funding ...The Guardian - 4h -
Trump’s coercion descends into chaos
The US’s tariff policy evokes bafflement as well as fearFinancial Times - 1h -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 14h -
Trump: US has 'just about' ended Ukraine intelligence-sharing suspension
President Trump said Sunday the United States had "just about" ended a suspension of intelligence sharing with Ukraine, adding that he expects "a lot of progress" during the talks with Ukrainian ...The Hill - 27m -
US condemns Syria violence after hundreds killed in sectarian clashes
President Ahmed al-Sharaa calls for calm after attempted pro-Assad uprising triggers revenge killings by pro-government forcesFinancial Times - 23h
More from CBS News
-
How a refugee turned trauma into triumph
A refugee from the Democratic Republic of Congo escaped amid tragedy and violence to build a new life in the U.S.CBS News - 10m -
Dylan Mulvaney reflects on fame, Bud Light backlash and resilience
Dylan Mulvaney, the transgender influencer who rose to fame on TikTok, shares her personal journey in "Paper Doll: Notes from a Late Bloomer." She opens up about transitioning in the public eye, ...CBS News - 11m -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - 11m -
Rescue operation underway after U.S. tanker hits container ship off U.K. coast
A U.S. oil tanker has collided with a cargo ship off the coast of England in the North Sea, prompting a major rescue mission, officials say. CBS News' Ian Lee reports.CBS News - 12m -
Stock market opens sharply lower as investors fret over Trump policies
Stocks continue to slide on Monday, following its worst week since September as president's protectionist policies darken economic view.CBS News - 16m
More in Top stories
-
How a refugee turned trauma into triumph
A refugee from the Democratic Republic of Congo escaped amid tragedy and violence to build a new life in the U.S.CBS News - 10m -
Dylan Mulvaney reflects on fame, Bud Light backlash and resilience
Dylan Mulvaney, the transgender influencer who rose to fame on TikTok, shares her personal journey in "Paper Doll: Notes from a Late Bloomer." She opens up about transitioning in the public eye, ...CBS News - 11m -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - 11m -
Rescue operation underway after U.S. tanker hits container ship off U.K. coast
A U.S. oil tanker has collided with a cargo ship off the coast of England in the North Sea, prompting a major rescue mission, officials say. CBS News' Ian Lee reports.CBS News - 12m -
Stock market opens sharply lower as investors fret over Trump policies
Stocks continue to slide on Monday, following its worst week since September as president's protectionist policies darken economic view.CBS News - 16m