Federal Reserve As It Happened Us Central Bank Cuts Growth As Trumps Policies Weigh on Outlook
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Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut
Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.CNBC - 2d -
Europe courts US scientists fleeing Trump crackdown
Cambridge university among institutions seeing chance to hire talent unsettled by US spending cutsFinancial Times - 5d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - Mar. 11 -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - Mar. 11 -
Teachers protest cuts to education funding
Teachers across the country are protesting against federal cuts in education. This comes as President Trump signed an executive order to dismantle the Department of Education. NBC News' Morgan ...NBC News - 2d -
Elon Musk's Starlink has a growing footprint in the federal government
The use of Starlink has been adopted by at least one additional federal agency since Donald Trump began his second presidential term.NBC News - Mar. 8 -
Trump administration pauses $175m in funds to UPenn over trans athlete policy
White House official reportedly calls funding freeze ‘just a taste of what could be coming’ for Ivy League university. US politics live – latest updates The Trump administration has paused ...The Guardian - 3d -
US consumers’ long-term inflation expectations hit 32-year high
Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest ratesFinancial Times - Mar. 14 -
Lawmakers fear DOGE cuts will drive away next generation of federal workers
Members of both parties warn that Trump and Musk's efforts will severely hinder the government's ability to recruit young people and technical experts.NBC News - 1d -
Lawmakers fear DOGE cuts will drive away next generation of federal workers
Members of both parties warn that Trump and Musk's efforts will severely hinder the government's ability to recruit young people and technical experts.NBC News - 1d -
Elon Musk’s White House role weighs on business empire
Elon Musk’s role in the Trump administration is complicating his business ventures, as the tech billionaire pushes forward with efforts to slash the federal government and budget in the face of ...The Hill - Mar. 12 -
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 3d -
Some Federal Office Leases Restored After Pushback to Musk Team’s Cuts
The chaotic effort to reduce the government’s real estate portfolio is another example of the setbacks the administration has faced as officials try to carry out President Trump’s agenda.The New York Times - 6d -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - Mar. 11 -
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 - Mar. 6 -
Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies
Comments from Wall Street bosses come as president’s import tariffs fuel US recession fearsFinancial Times - Mar. 12 -
Bitcoin falls as much as 6.5% as volatility continues after Trump's bitcoin reserve plan
President Donald Trump's executive order to create a U.S. strategic bitcoin reserve disappointed investors.CNBC - Mar. 10 -
Rosie O'Donnell moves to Ireland: 'Heartbreaking to see' what's happening in US politics
Rosie O'Donnell, a longtime critic of President Trump, announced Tuesday that she has moved to Ireland, citing U.S. politics as the catalyst for her relocation. In a nearly 10-minute-long TikTok ...The Hill - Mar. 11 -
Mark Carney to replace Trudeau as Canada’s prime minister
Former central bank head accuses Donald Trump of attacking Canadian workers and familiesFinancial Times - Mar. 10 -
Coinbase to make comeback in India as opposition to crypto eases
Central bank has long opposed digital coins but Modi government is now more open after Trump's endorsementFinancial Times - Mar. 11 -
An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.The New York Times - 5d -
Treasury yields end higher Friday, but finish week largely unchanged ahead of Fed meeting
Bond yields ended higher Friday, but were nearly unchanged for the week, as traders awaited next week’s Federal Reserve policy meeting.MarketWatch - Mar. 14 -
Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.CNBC - 3d -
Staff shortages halt some federal weather balloon launches amid Trump cuts
The Trump administration is pausing at least a handful of balloon launches that collect weather data in at least three locations due to staffing shortages. On Friday, the administration said it ...The Hill - Mar. 11 -
Trump CMS nominee Dr. Oz won't commit to opposing Medicaid cuts
President Donald Trump has promised to preserve Medicaid and other federal safety-net programs.CNBC - Mar. 14 -
How much will the UK be hit by tariffs and what happens next?
How much will the UK be hit by US tariffs and what happens next?BBC News - Mar. 12 -
‘They lock us in like sheep’: new Israeli checkpoints and barriers raise fears in the West Bank
Israel’s growing network of roadblocks are cutting off communities from major transport routes, disrupting work, education and aid supplies. The road to Atara from Ramallah winds through the hills ...The Guardian - Mar. 15 -
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 - Mar. 10 -
Trump is negotiating with terrorists. It’s not a bad strategy.
For all the places President Trump may be making foreign policy mistakes, his willingness to talk to Hamas and see what happens is one place he’s probably right.The Hill - 4d -
GOP senator says impeachment is ‘not going to happen’ for judge who ruled against Trump
Sen. John Curtis (R-Utah) reacts to President Trump’s calls to impeach a federal judge who ruled against him in a case related to his mass deportation efforts. Curtis says two-thirds of the Senate ...NBC News - 1h -
Inside Trump’s Crackdown on Dissent: Obscure Laws, ICE Agents and Fear
President Trump is clamping down broadly on dissent using the tools of the federal government.The New York Times - Mar. 12 -
US relies on rare foreign policy provision to try to deport Mahmoud Khalil
Court document claims ‘potentially serious foreign policy consequences’ amid outcry over Palestinian activist’s arrest. The US government is relying on a rarely used provision of the law to try to ...The Guardian - Mar. 12 -
UK wage growth holds steady at 5.9%
Figures come as Bank of England is expected to hold interest rates on ThursdayFinancial Times - 3d -
Economists forecast slowing US growth and increased inflation
Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the rightFinancial Times - 5d -
University of Maine complies with policies restricting trans sports participation
The University of Maine System said it was found to be in compliance with federal and state laws, as well as NCAA rules that were changed following President Donald Trump’s executive order to ...NBC News - 1d -
University of Maine complies with policies restricting trans sports participation
The University of Maine System said it was found to be in compliance with federal and state laws, as well as NCAA rules that were changed following President Donald Trump’s executive order to ...NBC News - 1d -
White House calls judge challenging Trump deportation order a ‘Democrat activist’
Press secretary says judge who weighed legality of Trump deportation order ‘does not have that authority’. The White House on Wednesday labeled the federal judge challenging the Trump ...The Guardian - 3d -
Investors slash US equity holdings by most ever, BofA survey shows
Threat to global growth from Trump’s trade tariffs sparks ‘bull crash’ in fund manager sentimentFinancial Times - 5d -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - Mar. 9 -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - Mar. 10