By Michael S. Derby (Reuters) -Americans grew more worried about the economic outlook in February even as their expectations of the future path of inflation were little changed, a report on Monday from the Federal Reserve Bank of New York said. According to the bank’s latest Survey of Consumer Expectations, inflation a year from now is seen at 3.1%, up a hair from January’s 3% reading, while the projected level of inflation three and five … Read more…

By Mike Stone WASHINGTON (Reuters) – The U.S. Department of Defense is shifting how it buys software eyeing greater access to commercial and non-traditional software providers as the Pentagon hopes to rapidly modernize its weapons and business systems. In a memo dated March 6, Secretary of Defense Pete Hegseth directed the Department of Defense (DoD) to prioritize a new software acquisition effort he hopes will enhance the lethality of the U.S. military. The memo will … Read more…

By Lisa Baertlein LOS ANGELES (Reuters) – President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn a new round of supply chain chaos around the world, executives told Reuters. Trump’s administration aims to pay for an American shipbuilding comeback with help from potentially hefty port fees on Chinese-built vessels as well as ships from fleets with China-made vessels, according to a draft executive order … Read more…

(Reuters) – The Trump administration is likely to ban Chinese AI chatbot DeepSeek from U.S. government devices over national-security concerns, the Wall Street Journal reported on Friday, citing unnamed sources. U.S. officials are worried about DeepSeek’s handling of user data, which the company says it stores in servers located in China, the report said. Administration officials were also considering banning the chatbot from app stores and putting limits on how U.S.-based cloud service providers could … Read more…

(Reuters) – The Federal Reserve will head into its March 18-19 policy meeting with the labor market strong overall but showing some potential early signs of weakening, a development that could put the U.S. central bank in a tough spot if inflation remains high and the Trump administration’s tariffs add to price pressures. U.S. job growth picked up in February, the Labor Department reported on Friday, with employers adding 151,000 jobs. That’s well above the monthly … Read more…