Mar 09 Trump doesn't rule out recession while downplaying business concerns about his tariffs By Zeke Miller, Associated Press President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn't ruling out the possibility of a recession this year. Continue reading
Mar 08 Daylight saving time causes lower productivity and higher health care costs, studies say By Joanna Fong-Isariyawongse, The Conversation A vast body of research shows that every year, the shift to daylight saving time needlessly exacerbates various health risks, disrupting millions of Americans’ sleep and increasing the likelihood of accidents, health issues and fatal errors. Continue reading
Mar 08 WATCH: Fed Chair Powell says interest rates on hold amid broad economic uncertainty By Christopher Rugaber, Associated Press The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York. Continue reading
Mar 07 Watch 6:48 U.S. economy adds jobs as federal layoffs and rising unemployment bring uncertainty By Geoff Bennett, Amna Nawaz, Karina Cuevas The U.S. labor market made solid gains again last month, adding 151,000 more jobs, just before the biggest federal layoffs began to hit. But there are other warning signs of what could be ahead, not yet fully captured in this… Continue watching
Mar 06 Walgreens agrees to acquisition by private equity firm for almost $10 billion By Associated Press Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money. Continue reading
Mar 06 Watch 5:47 As Trump delays tariffs on Mexico and Canada, businesses brace for repercussions By Geoff Bennett, Jackson Hudgins President Trump has temporarily suspended new tariffs on most goods coming into the U.S. from Mexico and Canada, two days after he set them into motion. The delay gives both countries a one-month reprieve. But the beginnings of what seems… Continue watching
Mar 06 Watch 8:58 What to know about Trump's cryptocurrency plans and a potential conflict of interest By Paul Solman, Diane Lincoln Estes President Trump is holding the first crypto summit at the White House Friday, featuring investors, CEOs and founders of crypto companies. Many in that world also hope Trump spells out a clearer path involving little regulation in the future, while… Continue watching
Mar 06 WATCH: Trump signs orders postponing some tariffs on imports from Mexico and Canada By Christopher Rugaber, Josh Boak, Associated Press President Donald Trump on Thursday postponed 25 percent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. Continue reading
Mar 06 Holiday toys may cost more by fall thanks to new U.S. tariffs on Chinese imports By Anne D'Innocenzio President Donald Trump's changing statements and policies on tariffs have made it challenging for toy companies to plan accordingly. Continue reading
Mar 06 Mortgage rates have eased. Here's why it could still be tough for many to afford a home By Alex Veiga, Associated Press The same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty over the potential fallout from the Trump administration's tariffs on imports — are clouding the outlook… Continue reading