Federal Reserve As It Happened Us Central Bank Cuts Growth Forecast and Boosts Inflation Outlook
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Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - Mar. 13 -
Worst storms of 2025 will be outside Tornado Alley, severe weather forecast predicts
Tornadoes can (and have) hit every U.S. state, but the area nicknamed Tornado Alley is probably where your mind goes when you think of dangerous twisters. This year, that's not be the region of ...The Hill - 6d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - Mar. 11 -
Federal cuts impact plans to grow Texas grid; advanced energy options face delays
A push toward a "Golden Era of American Energy Dominance" could be delayed due to budget cuts and defunding efforts in the federal government, potentially causing delays in the development of new ...The Hill - 14h -
Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.
Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.MarketWatch - Mar. 11 -
Hawaii observatory to be evicted amid federal cuts as volcano shoots 700ft lava
Hilo office, with scientists and their volcano-monitoring equipment, may have lease cancelled from Doge cuts. As Hawaii’s most active volcano shot out fountains of lava on Thursday, some of them ...The Guardian - 8h -
Judge halts EPA effort to claw back green bank funds
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge halts EPA effort to claw back green bank funds A federal judge in Washington, D.C., has ...The Hill - 1d -
More NOAA Employees May Be Let Go, Making 20% of Staff Cut
Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.The New York Times - Mar. 10 -
Federal funding cuts lead FEMA to cancel National Fire Academy courses
The cancellation of courses at National Fire Academy comes as the federally funded institution was set to welcome a new set of fire safety officers for training next week.CBS News - Mar. 8 -
Hundreds of federal offices to start to empty this summer due to DOGE cuts: AP
Federal agencies will begin to vacate hundreds of offices nationwide this summer under a frenetic and error-prone push by DOGE to scrap leases it says waste money.CBS News - 6d -
As Israel drops bombs on the occupied West Bank, some fear it will become a new Gaza
Once rare, Israel's use of airstrikes in the occupied West Bank has soared since Oct.NBC News - 5d -
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.CNBC - 6d -
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.CNBC - 1d -
Morning Report — Trump, Fed split over tariff outlook and economy
In today’s issue: President Trump and allies revel in assertive decision making that keeps friends and foes off balance, even if resulting uncertainty turns out to be a drag on U.S. growth this ...The Hill - 21h -
Next UK interest rate cut may not come until August after hawkish Bank of England hold – business live
Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%. Bank of England says companies freezing hiring plans as it keeps interest rates on hold In the property ...The Guardian - 16h -
PHOTO GALLERY | 'We didn't quit': Central Cambria girls rally, but fall short in Class 3A quarterfinal
NORTH HUNTINGDON, Pa. – The Central Cambria High School girls basketball team implemented a spirited, sometimes frantic pace while cutting a 14-point deficit to four points in the final minute of ...Yahoo Sports - 5d -
Hamm’s Continental Resources expands into Turkey to develop oil reserves
Shale pioneer and US-based TransAtlantic Petroleum in joint venture with Ankara’s national energy companyFinancial Times - Mar. 12 -
Japan revises fourth-quarter GDP lower, complicating BOJ's interest rate outlook
Japan's economic growth slowed to 2.2% on an annualized basis in the fourth quarter as the country grapples with tepid domestic demand.CNBC - Mar. 11 -
China's consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.CNBC - Mar. 9 -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - Mar. 11 -
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 - 6d -
Republicans want to repeal Biden’s climate legacy. Good luck with that.
President Trump has used funding pauses and Elon Musk's Department of Government Efficiency to target climate initiatives by the federal government, but will need the help of Congress to repeal the ...The Hill - Mar. 12 -
Trump Primed to Clash With Fed After Key Rate Decision
Tariffs are at the heart of the tension between the White House and the central bank.The New York Times - 1d -
Rune Aero uses Nvidia GPUs to cut virtual wind tunnel costs by 80%
Rune Aero is using Nvidia GPUs to cut virtual wind tunnel costs by 80%, bringing down costs of developing airplanes.VentureBeat - 2d -
US airlines’ warnings of lower demand cast shadow over economic outlook
American, Delta and Southwest trim financial guidance on corporate and consumer softnessFinancial Times - Mar. 11 -
Don’t call European stocks ‘exceptional’
Region’s new growth story comes as US stumblesFinancial Times - 1d -
Judge orders 6 federal agencies to offer to reinstate fired probationary employees
A federal judge has ordered six federal agencies to offer to reinstate probationary employees who were fired as part of the Trump administration's cuts through the Office of Personnel Management. ...CBS News - Mar. 13 -
GOP funding patch boosts defense and deportations, cuts other programs
Ahead of a Friday shutdown deadline, House GOP leaders are serving up a plan Democrats will despise.Politico - Mar. 8 -
Bundesbank enlists AI to prove ECB’s dovish bias
Germany’s central bank compares Eurozone bank policies and rhetoric in study powered by artificial intelligenceFinancial Times - 2d -
Universities impose hiring freezes in face of uncertainty over federal funding
At least two Ivy League universities abruptly stopped hiring faculty Monday, partly prompted by fear that federal grant funding will be cut.NBC News - Mar. 10 -
Recently fired pregnant federal employees cope with loss of insurance
Many pregnant federal workers fired as part of recent DOGE cuts are now faced with complex challenges as they deal with the loss of their income and health insurance.NBC News - Mar. 11 -
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 -
How Entrepreneurs Can Leverage Uncertainty for Growth
Entrepreneurs can use empathy to find the canary in the coal mine and exploit it for profits and intangible gains.Inc. - Mar. 8 -
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 -
China plans to ‘vigorously boost consumption’ to shore up economy
Communist party aims to ‘promote reasonable wage growth’ and to reduce financial burdens amid Trump tariffs. Business live – latest updates China’s government has announced ambitious plans to ...The Guardian - 3d -
HUD, Interior announce plan to use federal land for affordable housing
Department of Housing and Urban Development Secretary Scott Turner and Department of the Interior Secretary Doug Burgum announced on Monday plans to identify federal lands where affordable housing ...The Hill - 3d -
Could the US buy Greenland? If so, how?
Donald Trump says he wants the US to take over Greenland. Could it happen? If so, how?BBC News - Mar. 6 -
EU’s foreign policy chief laments US funding cuts to Radio Free Europe
Kaja Kallas says the bloc cannot automatically fill the gap left by the US. The EU’s foreign policy chief, Kaja Kallas, expressed disappointment over US funding cuts to Radio Free Europe and said ...The Guardian - 3d -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - Mar. 8 -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - Mar. 12