Speaker 1: This is WBZ, Boston's news radio, redefining local news.
Speaker 2: Sonny fifty one degrees in Boston, headed for sixty. It's
Speaker 2: eleven o'clock. I'm Laurie Kirby, raising the state for the
Speaker 2: trade war. Wall Street is scrambling after President Donald Trump
Speaker 2: just announced he will double some of the tariffs against Canada.
Speaker 2: The latest now in the special report from.
Speaker 3: CBS News on social media.
Speaker 1: President Trump just announced he will double the tariffs on
Speaker 1: all Canadian steel and aluminum to fifty percent in retaliation
Speaker 1: for the province of Ontario and acting at twenty five
Speaker 1: percent tariff on the electricity it sends to the US.
Speaker 1: Trump says the tariff increase will take effect tomorrow. He's
Speaker 1: also threatening to increase the April second tariffs on cars,
Speaker 1: which he says will essentially shut down automaking in Canada.
Speaker 1: Trump says the only way to make the tariffs disappear
Speaker 1: is to make Canada the fifty first state tariff. Flash
Speaker 1: is just one reason stocks are down again this morning.
Speaker 1: Here's CBS News Business analyst Jill Slessinger.
Speaker 4: Where we are is essentially that the world of investing
Speaker 4: is made up of human beings. Those human beings are
Speaker 4: feeling a little freaked out by the on again, off
Speaker 4: again tariffs, retaliations, cuts at the government, and it is
Speaker 4: making people feel concerned enough that we could see the
Speaker 4: economy slow down.
Speaker 1: CBS News Special Report.
Speaker 2: I'm Michael Wallace, and again, on top of that nine
Speaker 2: hundred point plunge on the Dow yesterday, we're seeing another
Speaker 2: drop of six hundred and twelve points. That's a loss
Speaker 2: of one and a half percent. The S and P
Speaker 2: and the Nasdaq are trading down as well. We'll have
Speaker 2: a lot more in the latest numbers. Live from Bloomberg
Speaker 2: Business News Andrew Oday at eleven eight, and we just
Speaker 2: heard from Speaker Mike Johnson holding a brief news conference
Speaker 2: in Washington, saying he's got the votes. Of course, the
Speaker 2: proof is in the pudding. They haven't voted yet on
Speaker 2: a stop gap measure to keep the federal government funded
Speaker 2: through the end of September and avoid a potential shut down.
Speaker 5: With House Democrats vowing to withhold their support, Republicans can
Speaker 5: only afford a single defection. Vice President Vance heads to
Speaker 5: Capitol Hill today to rally Republicans. Kentucky Congressman Thomas Massey,
Speaker 5: who's a frequent no vote on continuing resolutions, says he'll
Speaker 5: vote against this one too. Overnight, President Trump called Massi
Speaker 5: a grand stander who should be primaried. If the spending
Speaker 5: bill does pass the House, it'll be up to doge
Speaker 5: wary Democrats in the Senate to decide whether to block
Speaker 5: it with a filibuster.
Speaker 2: The measure would boost defend spending by six billion dollars
Speaker 2: compared to last year and lower non defense spending by
Speaker 2: thirteen billion. Could the battle over auditing the Massachusetts legislature
Speaker 2: involve the Supreme Judicial Court? Auditor Diana dezaglio is hinted
Speaker 2: that it could, but not according to top lawmakers. Of course,
Speaker 2: they've been at odds over this last year. Massachusetts voters
Speaker 2: overwhelmingly voted to give Dezaglio's office the power to audit
Speaker 2: the state legislature. The constitution states at the hig House
Speaker 2: and Senate can seek an advisory opinion from the SJC,
Speaker 2: but when asked about that idea this week, both the
Speaker 2: House Speaker and the Senate president suggested it's not in
Speaker 2: the cards. It may not be up to them. Demonstrators
Speaker 2: back on the streets of New York and on the
Speaker 2: campus of Columbia they are upset over the ice arrest
Speaker 2: and possible deportation of a Palestinian grad student who is
Speaker 2: also a protest organizer in the campus of Columbia University.
Speaker 2: Hundreds of people have marched in his defense.
Speaker 3: I am here today because I know in my bones,
Speaker 3: as an American Jew, how dangerous it is when the
Speaker 3: government starts abducting legal residents that they disagree with.
Speaker 6: I am mortified as an American, as a Jew, and
Speaker 6: as an alumnus of this institution, that you have been
Speaker 6: taken into ice custody.
Speaker 2: Taken into ice custody. But this deportation appears to be
Speaker 2: on hold after a federal court judge ruled that he
Speaker 2: cannot be deported yet. And again this is going to
Speaker 2: be played out in the courts, like so much of
Speaker 2: what we're seeing in terms of policy right now, Well,
Speaker 2: we have nothing to worry about. In terms of the weather.
Speaker 2: It feels like spring, the harbinger of spring, if you will.
Speaker 2: Spring is March twentieth, the vernal equinox. We're hitting sixty today,
Speaker 2: maybe above, a little bit cooler in the Capan Islands
Speaker 2: by ten degrees. And that sunshine, of course lasts longer
Speaker 2: now that we've changed our clocks. Beautiful sunset again tonight
Speaker 2: for you chili tonight in the thirty zone everywhere, maybe
Speaker 2: colder in the Berkshires Tomorrow, more sun, cooler weather, wet
Speaker 2: snow a potential on Thursday. Let's go back to our
Speaker 2: top story, fears of a possible recession adding fuel to
Speaker 2: the fire. President Donald Trump has just said he is
Speaker 2: doubling down and planning to double tariffs on some Canadian imports.
Speaker 2: Wbz's Jim McKay taking the temperature of locals.
Speaker 7: The struggles real.
Speaker 6: Say that again here in brain Tree, talking with people
Speaker 6: about to hop on the red line. And many have
Speaker 6: been putting two or two together for a while now
Speaker 6: at the economy could be on the verge of a recession.
Speaker 8: Absolutely have noticed a difference. Something's become more expensive, and
Speaker 8: I just tried to rebalance what I'm buy. I mean,
Speaker 8: I was looking at, you know, a gallon of milk.
Speaker 6: People already cutting back on spending, checking those prices twice.
Speaker 6: One thing you shouldn't do is panic, especially with long
Speaker 6: term investments like you're four oh one k. Any sort
Speaker 6: of short term dip will result in a long term rebound.
Speaker 8: The idea that the long term investments. I'm a big
Speaker 8: fan of you know, It's like I didn't lose anything
Speaker 8: until I sell, So I'm not selling.
Speaker 6: Stay the course, stay on top of it, and keep
Speaker 6: your financial ducks in a row. At Braintree. Jim MCKAWBZ,
Speaker 6: Boston's News Radio.
Speaker 2: Well, those ducks are quacking loudly right now. We are
Speaker 2: seeing significant losses across the board. On Wall Street Bloomberg
Speaker 2: Business News at eleven oh eight. Five years ago today,
Speaker 2: the World Health Organization declared COVID nineteen as a global pandemic.
Speaker 3: The moment five years ago changed the world forever. The
Speaker 3: head of the World Health Organization declaring COVID nineteen a
Speaker 3: global pandemic.
Speaker 8: COVID nineteen can be characterized as a pandemic.
Speaker 3: The deadly virus spreading around the world, leading to lockdown's.
Speaker 3: Washington State recorded the first COVID case in the US,
Speaker 3: but New York City later became the epicenter. Michelle Franzen
Speaker 3: ABC News.
Speaker 2: And of course, the World Health Organization declared an end
Speaker 2: to the COVID nineteen pandemic as a health emergency back
Speaker 2: in May of twenty twenty three. Pandemic school closures were
Speaker 2: learning more about how this disrupted the learning of kids.
Speaker 7: I study published in Jama showed there was a drop
Speaker 7: in language, cognitive development, and general knowledge among kids during
Speaker 7: the pandemic, and it's believed lack of play and in
Speaker 7: person interaction also played a role. The studies authors point out, however,
Speaker 7: that language and cognitive development scores were dropping even before
Speaker 7: the pandemic.
Speaker 2: You are now in the loop for news updates, it's
Speaker 2: throughout the day. Listen to WBZ News Radio on the
Speaker 2: iHeartRadio app. I'm Laurie Kirby, WBZ, Boston's news radio