Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
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Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.CNBC - 13m -
Oil prices drop after industry data shows big rise in U.S. crude inventories
Oil futures fell Wednesday, threatening to end a three-day winning streak, after industry data showed a large rise in U.S. crude inventories.MarketWatch - 44m -
Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.CNBC - 1h -
Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned
Exclusive: Dozens of congressional Democrats urge president to reconsider threatened import duties on US’s two largest trading partners. Pressing ahead with steep tariffs on Canada and Mexico ...The Guardian - 1h -
Inflation report expected to show U.S. price growth remains elevated, posing challenge to Trump
The final inflation report covering the Biden administration is expected to show President Donald Trump inheriting an unfavorable inflation situation.NBC News - 3h -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 11h -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - 15h -
Disney softens DEI efforts with Trump back in office
Walt Disney Co. said it would change an internal performance standard focused on diversity and inclusion for executive compensation, saying it would focus on how the initiatives helped the business.Los Angeles Times - 16h -
South Korea's top think tank lowers economic growth projection, citing Trump's tariffs
South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in four months, expressing concern about the potential impact of U.S. ...ABC News - 1d -
Worried Trump’s aluminum tariffs will raise prices on canned drinks and metal appliances? Here’s what to expect.
There’s good news for shoppers concerned that Trump’s latest tariffs will raise prices on six-packs of beer.MarketWatch - 16h -
Jordan pledges to take in sick Palestinian children as Trump backpedals on aid threat
King Abdullah II of Jordan pledged to take in 2,000 sick Palestinian children from the Gaza Strip on Tuesday amid pressure from President Trump for his country to take in Palestinians from the ...The Hill - 18h -
Trump tariffs on Canadian oil expected to raise U.S. gasoline prices if enacted next month
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.CNBC - 18h -
Goldman abandons IPO board diversity pledge
Wall Street bank is latest major US company to roll back DEI initiativeFinancial Times - 22h -
Spicer: Trump has been clear 'it may take a little while' for prices to come down
Former White House aide Sean Spicer said President Trump has acknowledged that “it may take a little while” for to prices to come down — referring to a promise Trump made on the campaign trail. ...The Hill - 23h -
Pressley on Trump promise to lower costs: ‘How’s that going?’
Rep. Ayanna Pressley (D-Mass.) slammed President Trump over his promise to lower everyday costs for Americans, asking “How’s that going?” “Donald Trump ran on a promise to bring down costs for ...The Hill - 1d -
Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 1d -
Steel stocks cheer Trump’s tariffs as companies combat ‘unfairly priced’ imports
President Trump’s tariff plan is seen as leveling the playing field for domestic producers.MarketWatch - 1d -
Here's how Trump's steel and aluminum tariffs could impact U.S. prices
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.CBS News - 1d -
Oil prices shake off tariff worries to finish higher after 3 straight weekly declines
Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.MarketWatch - 1d -
US metals prices soar to big premiums ahead of Trump tariffs
Traders pay up to secure copper, steel and aluminium supplies before US president’s levies come into effectFinancial Times - 1d -
How Trump’s tariffs could impact the price of gold
Tariffs aren’t necessarily bullish for the yellow metal.MarketWatch - 1d -
Trump repeats pledge to take control of Gaza
President Trump on Sunday again reiterated his pledge for a U.S. takeover of the Gaza Strip. The president's comments came with Israeli negotiators in Qatar for talks on the next phase of the ...CBS News - 1d -
Trump is unlikely to end Medicare drug price talks — here's what that means for patients and pharma
Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper savings to outdo his predecessor.CNBC - 1d -
The Feistiest Coach in Football Set the Tone for the Eagles’s Super Bowl Win
In the moment leading up to kickoff, Nick Sirianni was strangely calm. It proved he was right for the job all along, a columnist for The Athletic writes.The New York Times - 2d -
Trump Says He Might Use U.S. Transit Agency to ‘Kill’ Congestion Pricing
In an interview with The New York Post, President Trump said that congestion pricing hurt New York City but indicated that he was still talking with Gov. Kathy Hochul.The New York Times - 2d -
Instead of taking aim at inflation, Trump has returned to his familiar culture war fights
Donald Trump's immigration policies, including mass deportations and building a detention center for immigrants, are met with opposition from the majority of Americans, according to a Reuters survey.The Hill - 2d -
Is US inflation on the way down?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
China’s inflation accelerates after rise in lunar new year demand
Producer prices contract for 28th month as threat of US trade war clouds economic outlookFinancial Times - 3d -
China inflation picks up after Lunar New Year spending boost
Yahoo News - 3d -
Temu and Shein Raised Prices, Removed Products as Trump’s China Tariffs Went Into Effect
Sellers and shoppers on the two sites say they saw items disappear and prices go up after President Donald Trump implemented tariffs on Chinese imports.Wired - 4d -
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign.MarketWatch - 4d -
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measuresFinancial Times - 4d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d -
ICC condemns sanctions by Trump administration and pledges to continue its work
ICC condemns sanctions by Trump administration and pledges to continue its workABC News - 5d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - 5d -
Wisconsin couple sues Walgreens and Optum Rx, saying son died after $500 price rise for asthma meds
A Wisconsin couple is suing Walgreens and a pharmacy benefits company alleging their son died because he couldn't afford a sudden $500 jump in the cost of his asthma medicationABC News - 6d
More from The New York Times
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What to Know About the Anti-Bribery Law Trump Is Targeting
Federal prosecutors and securities regulators have gone after large companies for violations of the Foreign Corrupt Practices Act, which prohibits them from bribing foreign officials.The New York Times - 12h -
Goldman Sachs Ditches Big Diversity Rule As Wall Street Backs Off DEI
Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.The New York Times - 15h -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 11h -
Silicon Valley is Embracing Christianity (With the Help of Peter Thiel)
When tech luminaries talk about their Christian faith, people listen.The New York Times - 15h -
Trump Tariffs on Steel and Aluminum May Raise U.S. Manufacturing Costs
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.The New York Times - 21h
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Can Super Micro really do $40 billion in revenue next year? Some analysts are skeptical.
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Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
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