Mar 13: CBS News 24/7, 1pm ET – CBS News Watch CBS News Trump threatens 200% tariff on EU alcohol in response to American whiskey tariff; Protesters arrested after storming Trump Tower over arrest of Mahmoud Khalil. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now … Read more
For President Trump, the barrage of tariffs the U.S. is ready to unleash on the country’s largest trading partners on April 2 amounts to “Liberation Day,” as he described the trade measures Thursday on social media. To the Federal Reserve, as Chair Jerome Powell relayed on Wednesday, tariffs are a broadside on economic growth. Where … Read more
Mar 11: CBS News 24/7, 1pm ET – CBS News Watch CBS News China and Canada impose retaliatory tariffs on U.S. goods; Transgender Army major sees support from peers. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
Previewing the Fed’s interest rate decision Previewing the Fed’s interest rate decision 03:42 The Federal Reserve held its benchmark interest rate steady on Wednesday, with investors now waiting to hear from Chair Jerome Powell for further clues on the direction of monetary policy and the state of the U.S. economy. “Uncertainty around the economic outlook … Read more
Mar 10: CBS News 24/7, 1pm ET – CBS News Watch CBS News President Trump hints at more tariffs ahead as concerns grow over possible recession; U.S. tanker collides with a cargo ship off of U.K. coast. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now … Read more
How to stay ahead amid inflation, market volatility How to stay ahead amid inflation, market volatility 02:48 Investors are bailing out of U.S. stocks — big time. A new survey from Bank of America shows that global fund managers are moving out of domestic companies in what analysts at the financial giant describe as the … Read more
How economists identify recessions and stagflation – CBS News Watch CBS News Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in spending which has some economists warning that the U.S. could … Read more
Irish pub owner reacts to Trump’s tariff threats on European alcohol – CBS News Watch CBS News President Trump has threatened tariffs as high as 200% on European wines, spirits and beer. Janet Shamlian visited a pub in Chicago, where owner Aine O’Brien is concerned about how they could affect business. Be the first to … Read more
Stocks close in the green after days of volatility – CBS News Watch CBS News The Dow Jones regained some ground Monday after President Trump’s tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O’Grady breaks down what happened on Wall Street. Be the first to know Get browser notifications for … Read more
President Trump’s tariff policies could make building or renovating a home in the U.S. more expensive, according to builders. The rising costs of construction materials, including lumber, aluminum and steel, could add $9,200 in costs for a typical home, according to a new estimate from the National Association of Home Builders (NAHB), based on data from … Read more