Trump Trade Policies and Federal Cuts Shake Consumer Confidence
The level in the Conference Board’s latest monthly survey was the lowest since January 2021.
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Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - Mar. 12 -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - Mar. 14 -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - Mar. 7 -
Columbia Agrees to Trump’s Demands After Federal Funds Are Stripped
The administration has moved to cut $400 million in federal funding to the university without changes to its policies and rules.The New York Times - 4d -
Britons cutting back on spending as confidence in economy falls, survey shows
Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement. Consumers are cutting back spending on everyday items amid falling confidence ...The Guardian - 1d -
Why the Arabic ‘Sesame Street’ and Other Cuts Are Not Really About Fraud
As President Trump and Elon Musk cut federal programs, they often equate political and policy differences with corruption.The New York Times - Mar. 16 -
Trump presses Federal Reserve to cut rates
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING ...The Hill - 6d -
U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth
"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.CNBC - Mar. 17 -
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 - Mar. 14 -
Is a US recession inevitable?
Trump’s on-again, off-again trade war is creating market uncertainty and sending consumer confidence plummetingFinancial Times - Mar. 14 -
The Word Executives Are Using to Describe Trump’s Tariff Policy
Trade policy is “fluid” right now, and corporate America is trying to keep up with it.The New York Times - 6d -
How consumers can protect their finances as federal safeguards crumble
As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up their own defenses around their money.NBC News - Mar. 11 -
Consumer sentiment plunges on worries about tariffs and inflation
Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.CBS News - Mar. 14 -
Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.CBS News - 13h -
Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.CBS News - 13h -
Trump's war on Biden's climate policy is creating a new form of EV range anxiety
EV charging companies are fundamental to adoption of electrical vehicles. As President Trump seeks federal funding cuts for EVs, the industry is under threat.CNBC - Mar. 17 -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - Mar. 12 -
Trump administration pauses $175M in funding to UPenn over trans athlete policy
The Trump administration is pausing $175 million in federal funding to the University of Pennsylvania over its transgender athlete policies.NBC News - 6d -
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 - Mar. 14 -
Consumer confidence in where the economy is headed hits 12-year low
Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade.CNBC - 16h -
Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 6d -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - Mar. 18 -
Federal Cuts Prompt Johns Hopkins to Cut More Than 2,000 Workers
The university, a leader in scientific research, has been hard hit by the Trump administration’s cuts, which will slash at least $800 million from its budget.The New York Times - Mar. 13 -
House Democrats launch investigation of DHS ads on Trump immigration policies
House Democrats are launching an investigation into an ad campaign from the Trump administration on its immigration policies, saying it may have violated federal spending guidelines by promoting ...The Hill - 4d -
Trump fires both Democrats on the Federal Trade Commission
Commissioners Alvaro Bedoya and Rebecca Kelly Slaughter said they were illegally terminated by President Donald Trump. They plan to sue to reverse their firings.NBC News - Mar. 18 -
Trump Policies May Endanger Fishing Industry
The fishing industry relies on the federal government.Inc. - 2d -
Trump administration cuts export office staff amid escalating trade war
The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...The Hill - Mar. 13 -
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 - Mar. 10 -
Jamie Dimon on Trump tariff policy: 'Uncertainty is not a good thing'
JPMorgan Chase CEO Jamie Dimon acknowledged President Trump’s tariff policy is causing uncertainty for businesses, which is “not a good thing.” “I don’t think the average American consumer who ...The Hill - Mar. 13 -
What some federal judges have said amid Trump's challenges in court
As the Trump administration gets challenged in court over its policies, federal judges have been blunt in their rulings from the bench and on paper.ABC News - 20h -
Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending
The revised revenue projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.The New York Times - Mar. 11 -
Trump’s incoherent economic agenda
The White House’s mishmash of radical policies is sapping confidence in AmericaFinancial Times - Mar. 14 -
Some universities are freezing hiring as Trump threatens federal funding
Universities across the U.S. have announced hiring freezes due to the risk of federal funding cuts under President Donald Trump’s administrationABC News - Mar. 13 -
Trump Fires Democrats on Federal Trade Commission
The decision to fire the two members of the traditionally independent regulatory body is likely to face a legal challenge.The New York Times - Mar. 19 -
Consumer sentiment sours amid trade war, recession fears: Survey
The Trump administration's tariffs last week set off a market slump.ABC News - Mar. 14 -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - Mar. 10 -
As DOGE Cuts Ripple, Federal Employees Flock to Reddit for Information and Support
The social media platform’s policies on moderation, rules, and civility make it a haven for government workers under DOGE pressure.Inc. - 4d -
Federal Reserve keeps interest rates steady as economic uncertainty rises
The Federal Reserve is holding interest rates steady as it weighs the impact of Trump’s tariffs and federal workforce cuts on inflation and the economy. The central bank warned that economic ...NBC News - 6d -
Trump doubles down on Fed rate cut pressure
President Trump doubled down on pressuring the Federal Reserve to lower interest rates, arguing that the costs of eggs, groceries and gas are down so the central bank can make cuts. “Egg prices are ...The Hill - 5d
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Live Updates: NPR and PBS to Face Tough Questions From Congress
The chief executives of the biggest public media networks in the United States are expected to defend their funding and push back against accusations of media bias.The New York Times - 9m -
TikTok Ads Portray App as Force for Good as US Ban Looms
The popular video app, which could be banned in the United States next month if it is not sold to a non-Chinese owner, is portraying itself as a savior of Americans and a champion of small ...The New York Times - 19h -
U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns
The additions included companies that are customers of Intel and Nvidia, and one firm that was the focus of a New York Times investigation last year.The New York Times - 13h -
Trump’s Crypto Venture Introduces a Stablecoin
World Liberty Financial, the crypto business created by President Trump and his sons, unveiled a cryptocurrency called a stablecoin, furthering his ties to an industry his administration regulates.The New York Times - 19h -
Trump Leads a ‘Machinery’ of Misinformation in Second Term
President Trump’s first four years in the White House were filled with falsehoods. Now he and those around him are using false claims to justify their policy changes.The New York Times - 1d
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Treasury Department is set to lay off a 'substantial' number of employees, official says
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