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The Trump administration and the European Union are sharing new information about a trade framework between the EU and United States. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The U.S. and European Union said they have formalized a deal aimed at rebalancing their trade relationship.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Target shares fell more than 6% on Wednesday after the retailer reported a quarterly drop in sales and announced a new CEO. Ted Rossman, a senior industry analyst for Bankrate, a financial services company, joins "The Daily Report" to discuss.
Four years after the pandemic caused prices to increase, a new study found that U.S. wages have still not caught up with inflation. Sarah Foster, a U.S. economy reporter and analyst for Bankrate, the service that released the report, joins "The Daily Report" to discuss.
S&P said it is maintaining the AA+ rating on the U.S. as it expects tariff revenue will shore up the nation's finances.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
High costs and cuts to federal government subsidies have made the nation's food insecurity crisis worse. Andres Gutierrez reports on the struggle to put food on the table in Nevada.
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
Canadian regulators once again ordered union leaders to end Air Canada's work stoppage on Monday, while employees remain defiant.
After decades of steel mill closures and population loss, the city of Youngstown, Ohio, is drawing new investment and fostering small businesses.
After decades of steel mill closures and population loss, the city of Youngstown, Ohio, is drawing new investment and fostering small businesses. Dave Malkoff reports.
The Dow Jones dipped slightly on Thursday after new inflation data showed that wholesale prices rose more than expected last month. CBS News senior business and technology correspondent Jo Ling Kent reports.
U.S. wholesale inflation jumped unexpectedly in July, a sign that higher prices could soon hit consumers. Claire Jones, an economics editor for the Financial Times, joins to discuss.
A new Wall Street Journal article says that President Trump is emulating the Chinese Communist Party by extending political control deep into the economy. Barry Naughton, a professor from the University of California, San Diego, joins "The Takeout" to discuss the article.
The Labor Department reported that inflation rose at an annual pace of 2.7% last month, slightly better than what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
Inflation in July rose 2.7% on an annual basis, which was slightly less than economists had forecast, according to a report released Tuesday. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers.
E.J. Antoni, an economist nominated by President Trump to lead the Bureau of Labor Statistics, said the jobs report is flawed.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
As the country's largest export, Japan's auto industry is a source of national pride. But in recent months, it has been rocked by President Trump's tariffs. The volatility has been felt acutely at Mazda, one of the nation's oldest car companies. Anna Coren reports.
Wendy's is facing softer consumer demand, with households earning less than $50,000 planning to cut back on eating out.
Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.
President Trump's broad tariffs on dozens of nations took effect on Thursday following months of threats. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump's new round of sweeping tariffs against dozens of countries are now in effect, putting import tariffs at their highest levels since the Great Depression. CBS News' Kelly O'Grady and Nancy Cordes have more.
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key weapon in Iran's arsenal.
The House passed a measure to fund DHS for 60 days — but it's still unclear how the shutdown will end as the Senate is on recess.
The Trump administration is awaiting Iran's formal response to its 15-point peace proposal, as Tehran continues blocking the Strait of Hormuz.
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Eric Fernando Gutierrez Molina, 32, a U.S. citizen and North Texas resident, went missing Saturday evening after a night out with a fellow flight attendant.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key weapon in Iran's arsenal — and some shipping and insurance experts don't expect the situation to return to normal until the conflict winds down.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Leo became the first pope to visit the glitzy enclave since Pope Paul III went to Monaco in 1538.
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
Iranian state media reported that "explosive packages" slightly larger than tuna cans had been dropped by aircraft over the area. U.S. Central Command declined to comment.
Rockstar Billy Idol spoke to Anthony Mason about how he broke into music, why he says he's lucky to be alive and what it's like to be a grandparent.
The finale of the FX series "Love Story" aired Thursday and has captivated audiences as it follows the romance between John F. Kennedy. Jr. and Carolyn Bessette Kennedy. The limited series focuses on well-documented moments in the couple's lives, but fills in the rest with fiction. It has also received some backlash. Adriana Diaz reports.
Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
As AI use rises, many see it decreasing the number of jobs available.
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
Tiger Woods was charged with driving under the influence after a car crash in Jupiter, Florida, on Friday, authorities announced during a news conference. CBS News' Anna Schecter joins with more.
The man suspected in the murder of Loyola University freshman Sheridan Gorman had his detention hearing on Friday. CBS News reporter Ash-har Quraishi has the details.
A federal judge is hearing arguments on the Fulton County case involving alleged voting irregularities during the 2020 election. CBS News' Skyler Henry reports.
A federal judge ruled against former Venezuelan President Nicolás Maduro's request to have charges against him dismissed. CBS News' Lilia Luciano reports.
Four NASA astronauts are gearing up for a historic mission to return humans to deep space for the first time in over 50 years. The crew touched down at the Kennedy Space Center in Florida on Friday for final preparations ahead of next week's planned Artemis II launch. CBS News space consultant Bill Harwood has more.
It's the dawn of a new lunar era for NASA, with the four-person Artemis II crew arriving Friday afternoon at Florida's Kennedy Space Center after spending two weeks quarantining in Houston. CBS News space contributor Christian Davenport joins "The Takeout" to preview the mission.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
The countdown is on for NASA's return to the moon. CBS News senior national correspondent Mark Strassmann reports on the upcoming Artemis II launch from the Kennedy Space Center in Cape Canaveral, Florida.
The comet originated in the outer solar system and visits the inner solar system every 5.4 years.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A young boy, who showed to the hospital for a procedure alone, gets a happy ending when his doctor adopts him – and helps his siblings too. Plus, more heartwarming news.
"48 Hours" correspondents Natalie Morales and Peter Van Sant discuss the case of Gary Herbst, who was reported missing in 2014, and an exclusive interview with his convicted killer.
A girls' basketball team appealed their victory after the coach discovered they didn't actually win. Now, they're being lauded for their character. Steve Hartman has the update.
By the end of the night, the NCAA men's March Madness tournament will be down to just eight teams left. Nate Burleson has a preview.
According to a statement from Iran's Revolutionary Guards, the Strait of Hormuz is closed, and they vowed a severe response to any ship trying to get through. That seemed to contradict President Trump's claim that Iran had allowed 10 ships through the Strait as a gift. Holly Williams has details.