Trump Drops Threat to Double New Tariffs on Canadian Steel and Aluminum 
 

The move came after Ontario backed off imposing a surtax on U.S.-bound electricity, capping a rollercoaster day on Wall Street.

 
Bowman Seen as Front-Runner for Fed's Top Banking Cop 
 

The former Kansas bank regulator has been at the Fed since 2018, and was appointed by Trump.

 
Dow Pares Losses While Canada, U.S. Discuss Trade Tensions 
 

Global trade tensions fueled a wild day on Wall Street, with major indexes finishing a choppy session lower even after signs of a thaw in talks between the U.S. and Canada.

 
'Calm today, but turbulence ahead': U.S. job openings show stable labor market ahead of Trump job cuts and tariffs 
 

Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it's taking people a lot longer to find work.

 
Goldman Sachs Cuts Forecast for U.S. Economy. Trump's Tariffs Are to Blame. 
 

Chief Economist Jan Hatzius also anticipates core PCE inflation may reaccelerate to 3% later this year.

 
House Passes GOP Measure to Avert Government Shutdown 
 

The vote sets up a showdown in the Senate over a bill Democrats criticize as giving more power to President Trump and Elon Musk.

 
U.S. to Lose Growth Lead Over Europe, Central Banks to Follow 
 

The early months of Trump's second term have thrown up fresh obstacles to U.S. growth, and generated a new impetus for the eurozone.

 
Wall Street Fears Trump Will Wreck the Soft Landing 
 

The economy's pilot has a new message: Fasten your seat belts. "He is telling us, in everything he is doing, that he is not kidding around."

 
Ukraine Hits Moscow With Biggest Ever Drone Attack 
 

Russia said it had downed more than 300 Ukrainian drones just hours before the first high-level talks between Washington and Kyiv since a tense Oval Office meeting.

 
Consumers Keep Bailing Out the Economy. Now They Might Be Maxed Out. 
 

Recession fears rekindle concerns that Americans are overstretched on debt.

(END) Dow Jones Newswires

March 11, 2025 19:00 ET (23:00 GMT)

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