Americans plan to spend less this holiday season, survey shows
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
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A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
President Trump has claimed the authority to bypass Congress and impose sweeping tariffs, but a new ruling throws that in doubt.
As of Aug. 29, shipments to the U.S. valued at less than $800 are subject to tariffs, potentially resulting in surprise costs for consumers.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
The exemption allowed Shein and Temu to ship ultra low-cost apparel and other goods to the U.S. buyers at bargain-basement prices.
An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
According to the U.S. Department of Agriculture, U.S. seafood imports have increased almost every year from 1995 through 2023.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
New tariffs, including a 50% rate on Brazilian imports, are now in effect worldwide, marking the largest shift to the global economy in nearly a century and raising concerns about inflation despite record U.S. tax revenue.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
Trade experts say the Trump administration's barrage of new tariffs could raise prices for consumers and cause headaches for businesses.
The Trump administration is poised to hit dozens of nations around the world with higher tariffs starting next week.
President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
That's down from the 25% levies he proposed earlier this month. Japan's prime minister says duties on autos from his nation will be cut to 15% from 25%.
Americans are starting back-to-school shopping earlier this year out of concern over tariffs, according to a new study.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Fresh tomatoes from Mexico — which supplies about 70% of the U.S. tomato market — will face a 17.09% duty.
Caeley Alvarez, 17, spoke exclusively with CBS News Miami following the arrest of 37-year-old Daniel Valencia by the Miami-Dade Sheriff's Office.
The investigation was launched last March after the Miami Police Department responded to a report of a woman who died at Jackson Memorial Hospital and was later identified as Jenniha Le, who was originally from Lawrenceville, Georgia.
A spokesperson with the ATF confirmed that agents from both agencies were conducting an investigation but declined to offer further details.
Miami activist Roxcy Bolton helped drive major reforms for women's rights, from shelters and rape centers to national policy changes.
Tallahassee Memorial Healthcare has sued a patient who refuses to leave a hospital room, even though doctors discharged her more than five months ago.
Caeley Alvarez, 17, spoke exclusively with CBS News Miami following the arrest of 37-year-old Daniel Valencia by the Miami-Dade Sheriff's Office.
The investigation was launched last March after the Miami Police Department responded to a report of a woman who died at Jackson Memorial Hospital and was later identified as Jenniha Le, who was originally from Lawrenceville, Georgia.
A spokesperson with the ATF confirmed that agents from both agencies were conducting an investigation but declined to offer further details.
Basketball fans can fill out their NCAA tournament predictions for a chance to win $1,000 in the CBS Miami Bracket Challenge before the full tournament begins on March 19.
Miami activist Roxcy Bolton helped drive major reforms for women's rights, from shelters and rape centers to national policy changes.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
In a resignation letter, Joe Kent said Iran "posed no imminent threat to our nation," and he asserted that "we started this war due to pressure from Israel and its powerful American lobby."
In December, Attorney General Pam Bondi ordered law enforcement officials to prioritize efforts to probe and prosecute groups and individuals belonging to the antifa movement or are deemed "extremist."
Democrats would have to convince at least four Republicans to join their discharge petition to force a floor vote.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
Robin Peguero said he may be a first-time candidate, but he's not new to the political scene.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
Nixon is in the Democratic primary against Alex Vindman, the retired lieutenant colonel who was instrumental in causing Trump's first impeachment.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
For the first time, Donalds acknowledges that he didn't just possess marijuana, but that he was also dealing at the time.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
As Kumail Nanjiani took the stage to announce the winner for Best Live-Action Short at the 98th annual Academy Awards, the actor exclaimed: "And the Oscar goes to ... it's a tie."
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.