News
US Senator urges BLS to analyze inflation impact of Middle East conflict
1+ hour, 50+ min ago (190+ words) WASHINGTON, March 9 (Reuters) - Democratic U.S. Senator Edward Markey on Monday asked the Bureau of Labor Statistics to produce "and publish a comprehensive analysis of "the likely impact on inflation from the Middle East conflict, which has caused a s... WASHINGTON, March 9 (Reuters)…...
States Sue Trump Over New Tariffs Imposed Under 1974 Trade Act
3+ hour, 9+ min ago (1111+ words) The states are asking the court to block the tariffs and order refunds for the costs already paid. The legal battle began after a major ruling from the Supreme Court on February 20. But the administration swiftly adopted a new strategy....
NY Fed: Inflation Expectations Dropped To 1 Year Low Ahead Of Iran War Amid Improving Household Finances
4+ hour, 25+ min ago (598+ words) While the latest NY Fed consumer expectations report shows sentiment from February, and does not account for the surge in oil prices as a result of the Iran war, the trend continues to be supportive which would be good news…...
Democrats Sue Trump Over Tariff Workaround
3+ hour, 45+ min ago (411+ words) The lawsuit, led by attorneys general from Oregon, New York, California, and Arizona - with 18 additional states piling on - argues Trump invented a legal pretext to keep tariffs alive after the Supreme Court handed him a 6-3 defeat on tariffs last month....
Contrary to Trump admin. claims, tariffs aren't helping the labor market
1+ hour, 21+ min ago (464+ words) A researcher and economic expert says tariffs are to blame for February's poor jobs report. According to the U.S. Bureau of Labor Statistics, the private sector lost jobs in February. Meanwhile, the numbers for January and December were revised downward. Economist…...
TRADE WAR: Who in China Can Still Afford to Buy Our Stuff?
4+ hour, 25+ min ago (527+ words) President Donald Trump and Chinese Communist Party boss Xi Jinping meet later this month for the first official visit to Beijing by a United States president since Trump 45 visited there in 2017 " and Beijing already has some positive spin prepared. While…...
There's Time For Trump To Turn Things Around Before Midterms
10+ hour, 34+ min ago (369+ words) It's only a little more than a month into the second year of President Trump's second term, but it's turning out to be a MAGA disappointment. Fortunately, there's still time ahead of the November midterm for Trump to get his…...
Price Controls Arrive: South Korea, Taiwan Impose Fuel Price Cap
18+ hour, 40+ min ago (439+ words) Conversely, Singapore, followed by Taiwan and Korea, will bear the brunt of it with a -1.6% hit to GDP growth and this is only assuming $85 oil. Brent has now crossed the $100 handle with risks to the upside." Seen in this light,…...
China’s exports likely opened new year at an even faster pace after record 2025: Reuters poll
17+ hour, 38+ min ago (442+ words) BEIJING, March 9 (Reuters) " China's export growth likely quickened in the January-February period, a Reuters poll showed on Monday, suggesting the world's second-largest economy is on track to top last year's record $1.2 trillion trade surplus over the "course of 2026. Trade data…...
Canada And Europe Strengthen Trade Ties As Global Economy Fragments
18+ hour, 6+ min ago (485+ words) Canada and the European Union agreed to modernize their existing trade agreement while launching negotiations for a new digital trade pact. On the surface, this appears to be another routine trade update between two long-standing partners. In reality, it reflects…...