Federal Reserve As It Happened Us Central Bank Cuts Growth Forecast and Boosts Inflation Outlook
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Judge blocks Trump administration plan to cut millions for teacher training
Eight states had requested a temporary restraining order, which judge granted saying ‘programs ... will be gutted’ . A federal judge in Boston on Tuesday blocked the Trump administration’s plan to ...The Guardian - Mar. 12 -
In rural Louisiana, Speaker Mike Johnson’s constituents fear potential Medicaid cuts
In House Speaker Mike Johnson’s backyard, many residents rely on anti-poverty programs to help make ends meet — and are pleading with the Louisiana Republican to protect those benefits as Congress ...NBC News - Mar. 12 -
Cuts to NASA’s budget could derail America’s Mars ambitions
Such major and arbitrary cuts to NASA’s budget would do very little to save money, but they will undercut and decimate one of the most cost-effective programs within the federal government.The Hill - Mar. 13 -
Columbia agrees to Trump administration's demands after funding cut
Columbia University said Friday it has agreed to a list of demands from the Trump administration as it seeks to begin talks to restore $400 million in federal funding. After the administration cut ...The Hill - 1d -
Can Mark Carney win an election in Canada and a trade war with the US?
Former central banker has strong economic credentials but is untested politicallyFinancial Times - Mar. 9 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - Mar. 9 -
Trump administration cancels disaster training for meteorologists amid staffing, travel cuts
The Trump administration has canceled a training that prepares meteorologists to forecast during disasters, The Hill has learned. The incident meteorologist training for the National Weather ...The Hill - Mar. 11 -
Mo Vaughn, Ex-M.L.B. Slugger, Admits He Used Human Growth Hormone
Vaughn, a three-time All-Star, hit 328 home runs across 12 seasons with the Red Sox, Angels and Mets.The New York Times - Mar. 10 -
Viktor Orban Is a Conservative Lodestar. Now He Wants to Fix the Price of Eggs.
The Hungarian prime minister, who pioneered themes dear to U.S. conservatives, is seeking to tame inflation with methods that remind his critics of communist-era central planning.The New York Times - 3d -
Oversight Democrats launch review of crypto reserve 'poised to enrich' Trump
House Oversight Democrats are encouraging President Trump to abandon his plans for a crypto reserve, calling it a strategy to enrich himself at taxpayer expense. The reserve, announced by Trump ...The Hill - Mar. 13 -
Maritime regulator says ‘fight fire with fire’ and levy China ships at US ports
Federal Maritime Commission chair says taxes on Chinese vessels docking in US should be used to create domestic championsFinancial Times - 6d -
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 -
As cyberwarfare threat looms, cashless Nordic nations go back to banknotes | Miranda Bryant
Nordic countries were early adopters of digital payments. Now, electronic banking is seen as a potential threat to national security. In 2018 a former deputy governor of Sweden’s central bank ...The Guardian - Mar. 16 -
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 -
What HELOC borrowers should look for at this week's Fed meeting
With the Federal Reserve meeting again this week, HELOC borrowers should closely monitor these three items.CBS News - 6d -
Stocks continue to rebound, but Tesla shares head in reverse
Investors await Federal Reserve interest-rate decision this week, while bracing for another round of U.S. tariffs.CBS News - 5d -
Industrial output jumps 0.7% in February, fueled by rebound in vehicle production
Industrial production rose 0.7% in February, the Federal Reserve reported Tuesday, above economists’ expectations.MarketWatch - 5d -
Stocks drift higher as investors await Fed decision on interest rates
Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.CBS News - 4d -
Lummis introduces bill to create bitcoin strategic reserve
Sen. Cynthia Lummis (R-Wyo.) reintroduced legislation Tuesday to create a bitcoin strategic reserve, seeking to codify President Trump’s executive order last week establishing a reserve. The bill, ...The Hill - Mar. 11 -
US aid cuts are hurting Africa's ability to respond to disease outbreaks, health chief says
Aid cuts by the United States are hurting Africa’s capacity to respond to disease outbreaks, the head of the continent's public health agency said ahead of a meeting with regional health ministers ...ABC News - Mar. 13 -
US aid cuts are hurting Africa's ability to respond to disease outbreaks, health chief says
Aid cuts by the United States are hurting Africa’s capacity to respond to disease outbreaks, the head of the continent's public health agency said ahead of a meeting with regional health ministers ...ABC News - Mar. 13 -
US aid cuts are hurting Africa's ability to respond to disease outbreaks, health chief says
Aid cuts by the United States are hurting Africa’s capacity to respond to disease outbreaks, the head of the continent's public health agency said ahead of a meeting with regional health ministers ...ABC News - Mar. 13 -
Aid workers warn ‘people are dying and they’re going to continue dying’ as funding cuts hit
Moves by US, UK and other donors to cut aid mean ‘high malnutrition rates, starvation and death’, say experts. Cuts to food assistance by the US, Britain and others are already leading to more ...The Guardian - Mar. 14 -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - Mar. 12 -
Tornadoes and extreme weather leave trail of destruction in US
At least 20 people have died after tornadoes and severe storms tore through central and southern states.BBC News - Mar. 15 -
Animal poo can be used to save endangered species from extinction, research finds
Some cells are still alive within the dung, and could be used to boost genetic diversity in certain species. Turning animal poo into offspring sounds like a zoo keeper’s conjuring trick, but it ...The Guardian - Mar. 16 -
Democrats Demand Answers on DOGE’s Use of AI
Members of the House Oversight Committee sent dozens of requests to federal agencies on Wednesday about their use of AI software—and how Elon Musk could benefit.Wired - Mar. 12 -
The world’s lowest interest rate no longer belongs to Japan
The world’s lowest interest rate is longer Japan but Switzerland after the Swiss National Bank cut rates by a quarter-point.MarketWatch - 3d -
US weather agency job cuts could jeopardise climate risk data, insurers warn
Reinsurance trade group lobbies US commerce secretary about potential impact to monitoring hurricanes and drought conditionsFinancial Times - Mar. 14 -
NBA MVP odds: Nikola Jokić's historic night gives Nuggets star big boost in race against Shai Gilgeous-Alexander
Jokić's 30-20-20 game cut Gilgeous-Alexander's lead in the MVP odds.Yahoo Sports - Mar. 8 -
Nasa-SpaceX crew makes joyful return to Earth after two US astronauts were stuck for months – as it happened
This live blog is now closed. You can read our full report here:. Nasa astronauts ‘full of grins, ear to ear’ after landing back on Earth We are really being given every detail of the ...The Guardian - 4d -
Dow falls 1,000 points, Nasdaq dives more than 4% as stock selloff gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent ...NBC News - Mar. 10 -
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 -
Laid-off FEMA employees speak out about DOGE cuts
Elon Musk today said that his Department of Government Efficiency is cooperating with cabinet secretaries on downsizing the federal bureaucracy. Since Inauguration Day, more than 200 FEMA employees ...NBC News - Mar. 10 -
How DOGE Cuts Aim to Push the Social Security Administration Beyond Breaking Point
Elon Musk’s federal spending and headcount slashing is supporting a longtime Republican goal: disabling the Social Security Administration while legislators can still deny they voted for cuts.Inc. - 4d -
The Last Of Us Star Kaitlyn Dever Addresses Backlash And Discourse Around Abby
Kaitlyn Dever joins the cast of HBO's The Last of Us as Abby for its upcoming second season, and anyone who's played the game or knows the game's story understands how central Abby is to the story. ...GameSpot - Mar. 10 -
Pioneer fintech firm Klarna sees revenue boost as it eyes US stock market listing
Swedish company’s valuation jumped 24% in 2024 as ‘buy now, pay later’ market is projected to top $160bn by 2032. The Swedish fintech firm Klarna disclosed on Friday that its revenue jumped 24% in ...The Guardian - Mar. 14 -
Wall Street begins to cut S&P 500 targets as tariff worries rock the stock market. Should investors be concerned?
Only a few months into 2025, the sharp decline of the U.S. stock market has prompted some of Wall Street’s top forecasters to scale back their bullish predictions for the S&P 500.MarketWatch - Mar. 15 -
Judges order US government to rehire thousands of workers
Rulings are latest setback for Elon Musk’s cost-cutting driveFinancial Times - Mar. 14 -
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