Trump tariffs would cut deficits by $2.8 trillion, shrink the economy, CBO says
President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.
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President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump administration.
Many workers aren't working as much as they'd like. Here's what one expert says the federal unemployment rate fails to capture.
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.
Japanese automaker joins other automakers in pointing to new U.S. tariffs as weighing on their financial results.
Washington state and Oregon forest and fire officials say Trump funding cuts make wildfire prevention planning a challenge.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
Early in his second term, President Trump is struggling to deliver on his campaign trail promises to invigorate the U.S. economy.
Trump's ratings on economy are lower, but his deportation plan keeps majority support.
President Trump is downsizing the Consumer Financial Protection Bureau.
Triple-digit U.S tariffs on China will "wipe out our business completely," one small business owner says.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
As President Trump threatens China with even more tariffs, Beijing says it will never bow to "unilateral bullying," and "will fight to the end."
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
Red Lobster CEO Damola Adamolekun took over last September, shortly after the chain closed many locations and filed for bankruptcy.
IRS' top lawyer replaced amid DOGE's alleged push to share taxpayer info with other federal agencies.
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
Union representing TSA workers calls the Department of Homeland Security's decision an "unprovoked attack."
The U.S. labor market has been slowing, but today's jobs report isn't yet reflecting the layoffs ordered by Elon Musk's DOGE.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
A Colorado woman who was found guilty of killing a 17-year-old pro cyclist in a crash in 2023 has been sentenced to four years in prison.
The earthquake was recorded in Dacono, about 30 miles north of Denver, around 6 a.m. and was felt by hundreds of people, according to the Geological Survey.
The extent of the injuries wasn't immediately clear and police don't know when the intersection will reopen, but police are urging people to avoid the area and seek detours.
Scaled back to one day, organizers have worked hard to preserve a longstanding Denver tradition.
Greeley has enacted a new law banning camping or storing personal items in nearly all public and private spaces. The law was first discussed more than two years ago and took effect Wednesday. But enforcement isn't starting yet.
A Colorado woman who was found guilty of killing a 17-year-old pro cyclist in a crash in 2023 has been sentenced to four years in prison.
The earthquake was recorded in Dacono, about 30 miles north of Denver, around 6 a.m. and was felt by hundreds of people, according to the Geological Survey.
The extent of the injuries wasn't immediately clear and police don't know when the intersection will reopen, but police are urging people to avoid the area and seek detours.
Scaled back to one day, organizers have worked hard to preserve a longstanding Denver tradition.
Greeley has enacted a new law banning camping or storing personal items in nearly all public and private spaces. The law was first discussed more than two years ago and took effect Wednesday. But enforcement isn't starting yet.
Scaled back to one day, organizers have worked hard to preserve a longstanding Denver tradition.
Colorado firefighters rescued two people who were injured when a house fire broke out Thursday night. Several family pets remain missing.
Former students of the University of Colorado in Boulder are finding new ways to enjoy the outdoors while protecting the environment.
Watch Lauren Whitney's forecast
In recent weeks, changes have been made to some protected bike lanes in downtown Denver.
A $2.8 billion settlement between the NCAA and former student-athletes will soon allow schools to pay players directly. But what does that mean for athletes who aren't on scholarship?
Denver NWSL broke ground on its official training center this week.
Tennis star Coco Gauff spoke to "CBS Mornings" about the moment she won the French Open, her competitor, Aryna Sabalenka, and more.
Defending champion Carlos Alcaraz completed an extraordinary comeback to win his second-straight French Open men's title in a thrilling five-set match against Jannik Sinner.
The race marked a kind of replay of the Kentucky Derby. Sovereignty finished in first, Journalism ended up in second again and Baeza was third — the same 1-2-3 as the Derby.
The NB.1.8.1 COVID-19 variant was linked to a large surge of hospitalizations in parts of Asia earlier this year.
Maps show the Iranian sites Israel targeted with airstrikes Friday, including a key nuclear facility in Natanz.
Iran launched missiles toward Israel in return on Friday, and the U.S. helped intercept them, a U.S. official said.
A federal appeals court temporarily halted a judge's ruling that had blocked the Trump administration from deploying members of the California National Guard in L.A.
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
Greeley has enacted a new law banning camping or storing personal items in nearly all public and private spaces. The law was first discussed more than two years ago and took effect Wednesday. But enforcement isn't starting yet.
As Megan Trussell's family continues to dispute the cause of death in their daughter's Boulder County Sheriff's Office investigation, a Colorado state senator is pushing for new legislation in an effort to support families in the future.
Attorneys for The Rock Church in Castle Rock on Friday announced the settlement, which includes the town allowing the church to use the shelter and paying the church's legal fees in the suit -- to the tune of $225,000.
Iran launched missiles toward Israel in return on Friday, and the U.S. helped intercept them, a U.S. official said.
Israel says preemptive airstrikes against Iran's nuclear sites are underway, and it is bracing to intercept a wave of drones launched by Iran in retaliation.
The NB.1.8.1 COVID-19 variant was linked to a large surge of hospitalizations in parts of Asia earlier this year.
The organization is made up of EMTs, nurses, and paramedics who will be at the protest, ready to respond to medical emergencies ranging from dehydration and heat stroke to injuries caused by potential police force.
World Blood Donor Day is this weekend. Every year, on June 14, the day is a global tribute to the millions of voluntary, unpaid blood donors who give others a second chance at life.
News of their removal comes after the firing of the CDC's outside vaccine advisers.
HHS Secretary Robert F. Kennedy Jr. fired the previous roster of the CDC's vaccine advisers on Monday.
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
Google, OpenAI and Spotify were down Thursday after a widespread tech outage.
An Air India crash Thursday involved a Boeing 787-8 Dreamliner, which the aircraft manufacturer first delivered 14 years ago.
Meta ramps up efforts to block ads for AI technology used to create fake nude images of real people.
Demolition crews took down the 55-year-old tower in Littleton for a new shopping center that could have a Portillo's restaurant.
A dog sitter is accused of stealing nearly half a million dollars in jewelry. The owner of the dog says she met the sitter through the app Rover.
Neka Sunlin estimates she has checked out about 1,000 Front Range sprinkler systems in the past 9 years, and invariably finds inefficiencies in the residential sprinkler systems that are costing homeowners water and money.
The director of Denver's Office of Human Resources said the city's projected $200 million deficit would likely mean "hundreds" of city workers will be laid off, necessitating dramatic changes in some city personnel rules.
An undersheriff in Colorado has been placed on leave and is under investigation.
The City of Thornton will swear in a new police chief Tuesday evening, but prior to that, CBS News Colorado has learned that Jim Baird accidentally fired a new gun at his apartment on May 14, something the City of Thornton had not previously disclosed.