Poll: Americans feel concern more than they feel secure about finances
Prices and finances are big factors in how Americans decide their summer plans.
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Prices and finances are big factors in how Americans decide their summer plans.
President Trump's efforts to reorient global trade has sparked a legal whirlwind. After two separate rulings halted Mr. Trump's global tariffs, a federal appeals court blocked that decision, allowing his plan to go forward as the legal challenges unfold. CBS News' Olivia Rinaldi and Barron's senior markets analysis writer Paul La Monica break it all down.
A national toymaker is suing the Trump administration over sweeping tariffs, claiming that they are an overreach of the president's authority. The CEO of learning-based toy company Learning Resources says tariffs specifically on China will be catastrophic for his 500-employee business. Rick Woldenberg joins "The Daily Report" to discuss.
Americans are starting to feel better about the economy. Kelly O'Grady explains what's driving the rise in consumer confidence and what it could signal for future spending.
Stocks climb on hopes U.S.-China trade tensions could ease; AI jobs scams are on the rise.
President Trump blasts Ukraine President Volodymyr Zelenskyy for refusing to formally cede Crimea to Russia; Pope Francis lying in state for three days ahead of his funeral at the Vatican.
Pope Francis' body lies in state at St. Peter's Basilica; Nominations for the 2025 American Music Awards announced.
After dropping for five straight months, the Consumer Confidence Index increased in May. Driving the rebound is the potential for trade deals. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what to know.
The stock market rallied on Tuesday following President Trump's announcement that he would delay a 50% tariff on goods from the European Union. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Consumer confidence rebounded in May after five months of decline. CBS News' Kelly O'Grady breaks it down.
Many workers aren't working as much as they'd like. Here's what one expert says the federal unemployment rate fails to capture.
Germany is hoping to avoid a 50% tariff President Trump has proposed for the country. Barbara Humpton, president and CEO of Siemens USA, a German based tech company, spoke with Jericka Duncan about the impact.
In a return to the global trade war, President Trump threatened a new round of tariffs on the European Union. He said he recommends a 50% tariff on EU imports starting as soon as June 1, after saying negotiations with the EU are "going nowhere." CBS News' Major Garrett and Javier David have more.
President Trump warned Apple on Friday that it could face a 25% tariff if it does not start manufacturing iPhones in the U.S. CBS News chief White House correspondent Nancy Cordes reports.
The Dow Jones closed down on Friday as President Trump's fresh tariff threats lit a fire under the European Union and Apple. Sarah Frier, Bloomberg technology editor, joins with analysis.
China says trade talks with the U.S. are important amid a 90-day truce that lowered tariffs between the two countries, but other nations need to get involved to reach a full solution. Andrew Polk, partner at Beijing-based research firm Trivium China, joins "America Decides" with analysis.
One day after it tumbled more than 800 points, the Dow Jones landed in the red by the tiniest of margins on Thursday. CBS News contributor JD Durkin examines the market.
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
Stocks fell across the board on Wednesday with the Dow Jones plummeting more than 800 points. A spike in treasury yields led to the selloff as investors voiced concerns about the GOP spending bill proposed by President Trump. CBS News contributor Javier David breaks it down.
The Dow Jones dropped more than 800 points on Wednesday. Paul La Monica, senior writer for Barron's, joins CBS News to examine what's behind the selloff.
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.
Uncertainty caused by shifting tariff policy has many business leaders frozen. Psychology may explain the hesitation. "CBS Evening News" co-anchor John Dickerson explains.
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
Moffett's Chicken Pie Shoppe serves up its signature dish with a giant helping of nostalgia. Its owner, Juan Garcia, began his journey washing dishes and, with the support of his family, purchased the business. Carter Evans has the story.
President Trump is returning to the White House on Friday evening, after wrapping up his 4-day trip to the Middle East, which included stops in Saudi Arabia, Qatar and the United Arab Emirates. CBS News White House and politics coverage executive director Fin Gómez reports.