May 23: CBS News 24/7, 10am ET – CBS News Watch CBS News President Trump threatens 50% tariffs on the EU and 25% penalties on Apple if it doesn’t shift some of its iPhone production to the U.S.; Minneapolis marks 5 years since George Floyd’s death. Be the first to know Get browser notifications for … Read more
Leading stock market indexes opened in record territory, with investors buoyed by signs of progress on a U.S.-China trade deal. Shortly after the start of trade on Friday, the S&P 500 rose 14 points, or 0.2%, to 6,155 points, surpassing its previous all-time closing high in February of 6,144. The index also briefly edged above … Read more
Tariffs are pushing up the cost of materials that are frequently used in home renovation projects, leading some homeowners to reconsider fixing up their residences. Suppliers of materials, including lumber, steel and aluminum, have already hiked prices for builders. Sixty percent of homebuilders say suppliers have either already raised prices or intend to, according to … Read more
How tariffs are reshaping the cost of remodeling this summer – CBS News Watch CBS News With new tariffs raising the cost of key building supplies like lumber, steel, and appliances, contractors say homeowners could see project costs skyrocket. Nancy Chen speaks with builder David Perotti on how to save money and navigate the price … Read more