Consumers are skipping their usual fast-food breakfasts. Here's why.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
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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.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
Canada — one of the U.S.'s largest trading partners — will face 35% tariffs, President Trump said Thursday.
One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.
The owner of an Oklahoma maker of guitar pedals has had to get creative to absorb higher import costs.