https://edition.cnn.com/2025/03/10/economy/us-economy-trump/index.html
Cracks are forming in the economy’s foundation: Layoffs are mounting, hiring is slowing, consumer confidence is eroding and inflation is picking up speed. Although all of those things would almost certainly be happening if former Vice President Kamala Harris had won the election, the uncertainty that President Donald Trump’s economic policy has unleashed is exacerbating those problems.
https://thehill.com/business/5185665-stocks-slump-as-recession-fears-rattle-wall-street/
The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession.
The Dow Jones Industrial Average closed with a loss of 890 points Monday, falling 2.1 percent. The Nasdaq composite closed with a loss of 4 percent, and the S&P 500 index closed down 2.7 percent.
Stocks have fallen steadily since the start of March in response to a string of underwhelming economic data and whipsaw tariff announcements from the Trump administration. But the selloff intensified Monday after Trump demurred on his outlook for the U.S. economy in a Sunday interview.
https://www.newsweek.com/stocks-get-hammered-after-donald-trump-refuses-rule-out-recession-2042497
The U.S. stock market's decline deepened on Monday, with the S&P 500 sliding 2.7 percent as concerns grew over how much economic strain President Donald Trump's tariff policy and trade war will impose on Americans.
The Dow Jones Industrial Average dropped 2.1 percent, while the Nasdaq Composite took the heaviest hit, plunging 4 percent in its worst day since 2022.
On Sunday, Trump said the U.S. is going through a transitional period with respect to his trade policy.
https://www.washingtonpost.com/technology/2025/03/10/doge-musk-rebrand-trump-conflicts/
Elon Musk’s DOGE is hunting for “wins” as it races to finish slashing the federal bureaucracy and move on to the more constructive work of building digital tools for the government.
Facing weeks of negative headlines and growing pressure from within the Trump administration, the U.S. DOGE Service is racing to finish the first phase of its assignment — slashing the federal bureaucracy — and move on to what the team hopes will be seen as more constructive work: creating sleek tools for navigating government services.
Throughout DOGE, the need to find and champion positive achievements is seen as urgent, according to two people familiar with the group’s internal workings. One key ally, General Services Administration official and former Tesla employee Thomas Shedd, told his staff during a meeting last week that “I need wins to defend,” according to audio obtained by The Washington Post.
The rightwing leader’s latest feud isn’t with remainers or ‘woke’ elites – but with his own party, fuelled by Elon Musk’s intervention
One of the The Washington Post’s top political columnists resigned Monday and alleged management spiked a piece that was critical of its multi-billionaire owner.
Ruth Marcus, who worked at the Post for four decades, penned a resignation letter that claimed her nixed article, which criticized Jeff Bezos’ overhauling of the Post’s opinion pages, marked the first time she ever had a column rejected by the paper.
https://www.buzzfeed.com/michaelabramwell/heres-what-trump-said-about-the-astronauts-stuck-in-space
President Trump has spoken about asking Elon Musk to do him a "favor" by bringing the astronauts home, blaming the Biden administration's incompetence. But, it's important to note that according to CNN, NASA already had a plan under the Biden administration for SpaceX to work on a new spacecraft to bring them home.
Igros Moshe (OC II #95) It is prohibited to enter an elevator on Shabbos that an evil person entered into first. However if a goy enters first for his own needs it is technically permitted but is prohibited because of maris haaiyen. In addition it is prohibited because additional people that enter increase the work done by the motor. Furthermore if he is known as a G-d fearing person and surely as a talmid chachom use of the elevator is also a chillul haShem
Igros Moshe (OC IV #64.1) It is prohibited to use electricity on Shabbos and Yom Tov even though it doesn’t make a fire . Similarly a refrigerator or freezer is prohibited and obviously it is prohibited to turn on electric lights.
Igros Moshe (OC V #18.27) It is prohibited to comb hair on Shabbos because it is impossible without pulling out hair. The Magen Avrahan says even according to the view that an inevitable action which is unwanted is permitted this is prohibited because you want to separate the hairs and it is impossible do do it without pulling out some hair. This Magen Avraham supports my view regarding the sparks produced when an electrical circuit is completed or disconnected with any electrical device. Similarly when increasing the load on an electric motor such as in an elevator. So even saying that the sparks serve no necessary purpose and you don’t want them however since it is impossible to obtain the use of electrical power for the elevator without them so the sparks are not considered an inevitable side product but rather are viewed as an integral part of the elevator and are prohibited
https://www.thedailybeast.com/rfk-jrs-cdc-wants-to-do-its-own-research-on-vaccines-and-autism/
The CDC’s decision to commission the study appears to be driven by Trump’s Secretary of Health and Human Services, Robert F. Kennedy Jr., a notorious vaccine skeptic who has long suggested, without much evidence, that vaccines may cause developmental disabilities in children.
During his confirmation hearings, Kennedy refused to say that vaccines don’t cause autism—despite dozens of peer-reviewed, high-quality studies that have not found such a link. He even touted a statistic claiming that autism rates “have gone from 1 in 10,000” to “one in 34.”
https://www.jpost.com/israel-news/article-845381
Schools in Kiryat Shmona reopened on Sunday morning, nearly 16 months after they were evacuated because of Israel's war against Hezbollah.
In spite of the celebrations, many residents and public workers accused Education Minister Yoav Kisch of rushing the return, claiming it was too quick and disorganized.
A Maryland resident with recent international travel has confirmed to be infected with a case of measles.
The Maryland Department of Health and Howard County health officials announced Sunday that a person who recently traveled internationally was confirmed to be infected.
The case was not associated with the current measles outbreak in Texas and New Mexico.
https://www.newsweek.com/american-ceos-sour-trump-economy-2040722
Trump's campaign promises to roll back regulations and foster innovation garnered him support from many in the business world, including major industry leaders. The CEOs of Apple, Google and Amazon were front row at the president's inauguration, and a key part of his administration has been the heavy involvement of Tesla and SpaceX CEO Elon Musk.
However, experts have raised concerns about the health of the American economy, warning that the outlook for U.S. businesses and consumers may be bleak, a sentiment shared by many industry executives.
CEO concerns are largely centered around the president's on-again, off-again tariff plans, some of which have been enacted but others subject to temporary pauses and last-minute sector-specific concessions.
https://time.com/7265290/is-the-us-heading-into-a-recession-under-trump-what-to-know/
The U.S. consumer market saw a sharp decline last month for the first time in over two years, which Jacquez says is starting “to indicate that the resilient consumer is no longer spending at the pace that they used to be.” Consumer inflation expectations also soared in February.
It’s a self-fulfilling prophecy, says Jacquez. When people are feeling good about the economy, it pushes them to spend and stimulate buying beyond just the essentials, to make long-term plans, to renovate and buy a home. If people are fearful and unsure about things such as whether or not mortgage prices will rise, they will not spend as much. Thus, the expectations of a recession can potentially have a “spiraling effect.”
Trump’s tariffs—including proposed reciprocal tariffs worldwide and a more intense trade war against America’s three biggest trading partners in Mexico, Canada, and China—are also a pivotal factor. Businesses are uncertain, Jacquez says, about what the economy is going to look like after the fallout of these tariffs ripple down different industries and the stock market. This can be unsettling, as what businesses “crave most” is certainty.
US hostage envoy Adam Boehler defended his direct talks with officials in the Hamas terror group, pushing back against private but intense criticism from Jerusalem, in a spate of interviews to American and Israeli media on Sunday.
Boehler’s remarks ruffled the feathers of senior Israeli officials, who told The Times of Israel they were surprised to hear the envoy comment that the US is “not an agent of Israel.”
