Canada and Mexico Tariffs Risk Inflating Us Housing Crisis Trump Is Warned
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The crisis at IndusInd, India’s fifth-largest private bank
Also in this newsletter: Starlink set to enter India and inflation cools offFinancial Times - 2d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - Mar. 8 -
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 - 2d -
Accused Guatemalan drug trafficker wanted in US is captured in Mexico
One of Guatemala’s most wanted drug traffickers has been captured in Mexico and returned to Guatemala to await extradition to the United StatesABC News - 3d -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - Mar. 7 -
Tesla warns that Trump's trade war could hurt U.S. automakers
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.CBS News - 1d -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 5d -
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 - 3d -
US Secret Service shoots armed man near White House after confrontation
Donald Trump was out of town when the shooting occurred, and the man has been hospitalized. An armed man believed to be traveling from Indiana was shot by US Secret Service agents near the White ...The Guardian - 5d -
Trump Gave Us a Piece of His Mind
The official and unofficial languages of the White House, decoded.The New York Times - 5d -
Inflation takes it easy
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation cools in Trump’s first month After a week of rising economic fears, the ...The Hill - 3d -
Advocacy groups condemn Trump for using 'Palestinian' as a slur
Jewish and Muslim advocacy groups condemned President Trump for calling Senate Minority Leader Chuck Schumer (D-N.Y.) a “Palestinian,” arguing he used it as a slur against the long-time lawmaker. ...The Hill - 2d -
Ontario premier says he needs 'to sit down as quickly as possible' with Trump on tariffs
Ontario Premier Doug Ford said Monday that he needs "to sit down as quickly as possible" with President Trump regarding tariffs. ‘We're seeing inflation happening already, and it's unnecessary. We ...The Hill - 5d -
US colleges warned of ‘enforcement actions’ over antisemitism allegations
Warning comes after cancellation of $400m in funding to Columbia and detention of student activist Mahmoud Khalil. The US education department’s civil rights office issued warnings on Monday to ...The Guardian - 4d -
Healthy Returns: Wegovy is linked to an increased risk of hair loss, study suggests
Novo Nordisk's weight loss drug Wegovy is linked to an increased risk of hair loss, a study suggests. Meanwhile, Dexcom received a warning letter from FDA.CNBC - 4d -
Canada to choose new leader to face Trump in trade war with US
Former central banker Mark Carney favoured over Chrystia Freeland to replace Justin Trudeau as Liberal party headFinancial Times - 6d -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 4d -
Trump forces India’s hand on tariffs
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 5d -
Modi’s tariff tap dance with Trump
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 2d -
What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly ...CBS News - 3d -
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 - 6d -
Education Dept. slashes workforce; new tariffs roil US markets
President Donald Trump is planning to cut nearly 1,300 Department of Education employees, about half of its total staff, with an ultimate goal of shutting down the agency completely. It comes as ...NBC News - 3d -
Egg prices soar as inflation cools in first full month of Trump term
Inflation report arrives as markets slide and recession fears grow.ABC News - 3d -
Avocado grower Mission Produce says it will try to work around Mexico tariffs, but holds off on predicting exact impact
Avocado grower Mission Produce Inc. on Monday said it would try to work around any tariffs on imports from Mexico, but its outlook for the months ahead didn’t include the impact of those extra ...MarketWatch - 5d -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 3d -
Sunday shows preview: House GOP unveils bill to avert shutdown; Trump's tariffs teeter
House Republicans have unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which is likely to ...The Hill - Mar. 8 -
‘It’s very unpredictable’: divided Greenland prepares to vote amid Trump-inspired existential crisis
After the US president’s vow to take over the Arctic island, pro-independent voices are growing louder but some want to work with Washington. When it comes to the issues on the table – schools, ...The Guardian - Mar. 8 -
Kleptocrats to benefit from Trump DoJ’s anti-corruption pause, experts warn
Former prosecutors criticize Pam Bondi’s decision to halt enforcement of bribery laws as short-sighted and dangerous. A radical makeover at the US department of justice has seen key drives to fight ...The Guardian - 5d -
New tariffs on U.S. wine industry are a "massive problem," says one wine trade group president
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new ...CBS News - 2d -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - 1d -
House Republicans unveil spending bill boosting defense and trimming all else
Strategy is not likely to earn Democrats’ votes, so Trump is leaning on Republicans to force it through. US House Republicans unveiled a spending bill Saturday that would keep federal agencies ...The Guardian - Mar. 8 -
Watch live: White House holds briefing as fears over economy, trade war mount
White House press secretary Karoline Leavitt will hold a press briefing Tuesday afternoon as President Trump's tariffs and dips in the stock market have raised concerns over the economy. Trump on ...The Hill - 4d -
Trump orders strikes on Iran-backed Houthi rebels in Yemen and issues new warning
Trump is promising to use “overwhelming lethal force” until Iranian-backed Houthi rebels cease their attacks on shipping along a vital maritime corridor.NBC News - 9h -
Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich
The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth. Donald Trump apparently believes his tariffs will bring so much money to the US ...The Guardian - 18h -
US stocks drop, Dow closes down amid fresh tariffs on Canada, recession fears
The selloff on Tuesday extended losses suffered a day earlier.ABC News - 4d -
US launches ‘decisive and powerful’ strikes against Houthis in Yemen
President Trump said the United States has launched “decisive and powerful” strikes against Houthi militants in Yemen, warning that the military “will use overwhelming lethal force” until the ...The Hill - 9h -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - 2d -
Carney talks tough on Trump threat - but can he reset relations?
Canada's next PM, who described the US as a "country we can no longer trust", will need to work with the US president.BBC News - 6d -
Trump's quest to conquer Canada is confusing everyone
Canadians and Republicans alike are confounded as President Donald Trump increasingly links a trade war to his push to annex Canada.NBC News - 1d -
Canada slaps electricity tariffs on New York, Minnesota, Michigan
The government of Ontario is applying a 25 percent surcharge starting Monday on electricity exports to three U.S. states in response to U.S. tariffs on Canada. This surcharge will affect ...The Hill - 5d