Trump, EU's von der Leyen to meet on trade
European Commission President Ursula von der Leyen will meet President Trump in Scotland on Sunday to discuss a potential trade deal. CBS News business contributor Javier David has more.
Economy
Darien Gap 2021: A Haitian Exodus
In 2010, a devastating earthquake drove Haitians from their homeland to rebuild their lives. Ten years later in the wake of a pandemic-shattered economy, thousands of native born Haitians that had made their home in South America left their lives behind again and began making their way north to America. CBSN Originals met families preparing to cross the treacherous Darien Gap, dense jungle that correspondent Adam Yamaguchi trekked 4 years earlier to document the sacrifice migrants are willing to make in the hopes of finding a better life in the US.
Johnson "very bullish" on GOP in midterms
President Trump wants Texas lawmakers to redraw the state's congressional map to increase Republicans' chances of keeping a House majority after the 2026 midterms. Speaker Mike Johnson joins "The Takeout" to weigh in on the proposal. Then, Molly Ball, senior political correspondent for The Wall Street Journal, Kadia Goba, congressional reporter for The Washington Post, and Alex Isenstadt, senior political reporter for Axios, join with analysis.
Is the U.S. economy in a desperate time?
President Trump visited the Federal Reserve on Thursday, where he publicly disagreed with its chair, Jerome Powell, about the central bank's renovation costs. Following the tour, Mr. Trump denied tensions between himself and Powell, saying they had a "good meeting." CBS News MoneyWatch correspondent Kelly O'Grady reports.
Trump, Powell meet amid tensions
President Trump toured the Federal Reserve building today alongside Federal Reserve Chair Jerome Powell. The visit comes as tensions run high between the two men. The president has repeatedly criticized Powell for not lowering interest rates and for the high cost of ongoing renovations. CBS News White House reporter Aaron Navarro has more.
Takeaways from Trump's Federal Reserve tour
President Trump visited the Federal Reserve on Thursday to tour its multi-billion-dollar renovation project. It comes amid his repeated public attacks on Fed Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Johnson on Trump potentially firing Powell
House Speaker Mike Johnson told CBS News chief Washington correspondent Major Garrett that he understood President Trump's frustration with Federal Reserve Chairman Jerome Powell, adding that it's going to be "a rocky road" for the Fed chair between now and the end of his term in May 2026. CBS News MoneyWatch correspondent Kelly O'Grady and Barron's senior writer Martin Baccardax join with analysis.
Trump, Powell argue over Fed renovation costs
President Trump toured renovations at the Federal Reserve headquarters with Chair Jerome Powell on Thursday. The visit comes amid the president's criticism of Powell over the central bank holding interest rates steady. CBS News MoneyWatch correspondent Kelly O'Grady has more.
How much do Americans need to retire?
A new Charles Schwab survey finds many Americans believe they need over $800,000 to be financially comfortable, yet a third have no financial plan. CBS News business analyst Jill Schlesinger joins to explain what to do.
Trump reveals details about AI Action Plan
President Trump unveiled his Artificial Intelligence Action Plan, saying the goal is to strengthen the U.S.'s technical capabilities and remove guardrails put in place by the Biden administration. CBS News contributor Javier David breaks it down.
GM says tariffs hurting profits
Car manufacturing giant General Motors said the Trump administration's tariffs are hurting its bottom line. Kelly O'Grady explains.
Trump spending law deficit concerns
A new Congressional Budget Office report projects President Trump's tax and spending law will add more than $3 trillion to the federal deficit over the next decade. Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget, joins "The Daily Report" with more.
Breaking down Philippines, Indonesia deals
As we approach the Aug. 1 trade tariff deadline, President Trump has announced the details of new trade deals with both Indonesia and the Philippines. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Automakers hit by Trump tariffs
A 25% tariff on vehicles and auto parts imported into the U.S. has hit automakers amid President Trump's push for global trade partners to reach deals with the U.S. by Aug. 1. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Polling on Trump six months into second term
Six months into President Trump's second term, fresh CBS News polling is shedding light on what Americans think about his performance so far. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Congresswoman refers Fed Chair Powell to DOJ
As tensions remain high between the White House and the central bank, a Republican congresswoman is hitting Federal Reserve Chair Jerome Powell with a criminal referral to the Justice Department. CBS News MoneyWatch correspondent Kelly O'Grady joins to examine the disconnect between the Trump administration and the Fed.
Trump signs first federal law regulating crypto
President Trump held a signing ceremony at the White House on Friday after Congress passed the GENIUS Act, a landmark federal law that will regulate cryptocurrency. Specifically, the GENIUS Act will set government guidelines for the cryptocurrency known as stablecoin. Nikhilesh De, managing editor for global policy and regulation for the cryptocurrency news site CoinDesk, was at the signing and has more.
What are stablecoins?
President Trump signed a first-of-its-kind law aimed at regulating digital currencies. The bipartisan legislation known as the GENIUS Act establishes consumer protections for stablecoins. Akin Oyedele, deputy editor of newsletters at Business Insider, breaks it down.
Trump crypto adviser breaks down GENIUS Act
President Trump signed the GENIUS Act into law on Friday, establishing a regulatory framework for the roughly $250 billion cryptocurrency market known as stablecoin. Bo Hines, executive director of the President's Council of Advisers on Digital Assets, joins "The Takeout" to explain how the law works.
White House adviser Peter Navarro on tariffs
President Trump is threatening countries worldwide with higher tariffs starting in August. White House trade adviser Peter Navarro joins "The Takeout" to discuss.
Summer spending trends revealed
Jill Schlesinger explains what the new June retail and food sales data tells us about consumer habits and economic confidence.
Trump says it is unlikely he will fire Powell
President Trump is escalating his feud with the man he selected to lead the Federal Reserve back in 2017. Mr. Trump told reporters at the White House on Wednesday that Fed Chair Jerome Powell has done a "terrible job" leading the nation's top bank. CBS News senior White House correspondent Weijia Jiang has more.
Sen. Warren defends Powell amid Trump attacks
Democratic Sen. Elizabeth Warren of Massachusetts, a longtime critic of Jerome Powell, is speaking out against President Trump's threats to fire the Fed chair. Warren joins "The Takeout" to explain her position and take stock of Mr. Trump's economy.
Trump on firing Powell: "Highly unlikely"
President Trump on Tuesday night privately floated firing Federal Reserve Chairman Jerome Powell, then publicly backed away on Wednesday. CBS News chief White House correspondent Nancy Cordes reports.
CPI rose in June to 2.7% annual rate, highest since February
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Investigation
In Trump's pardon economy, victims lost out on $119M in restitution
Live
8-month Iran war looms large over Israeli election
Only On CBS
John Thune's balancing act: Inside his push to save the GOP majority
These factors could decide Netanyahu's fate as Israel votes today
Exclusive
Photos show Ukraine's Starlink was down during fatal strike
New charges filed ex-FBI officials related to Hunter Biden probe
First on CBS
New details revealed in "People's Court" cold case murder arrest
U.K. charges 2 men linked to alleged terror plot against air base
