Canada to remove retaliatory tariffs on many U.S. goods
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
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Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
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.
Sony is raising prices on all three of its PlayStation 5 consoles by about $50 in the U.S. due to what the company calls "challenging economic times." And earlier this month, Nintendo announced it would also raise prices due to market conditions. CNET consumer insights editor Dashia Milden joins CBS News to discuss what other products could soon cost more.
The U.S. has released details on the framework for a trade agreement with the European Union. Allie Kelly, a Business Insider economy reporter, joins CBS News with more information.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
The Trump administration says it is adding 407 items to the list of "derivative" steel and aluminum products subject to higher tariffs. The list includes products like car parts, household appliances, baby strollers, fire extinguishers and spray deodorants. Axios business reporter Nathan Bomey joins CBS News 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.
Iowa Republican Gov. Kim Reynolds this week directed the state's National Guard to assist with Immigration and Customs Enforcement operations beginning in September. CBS News Iowa station KCCI's chief political reporter Amanda Rooker joins "The Takeout" to discuss.
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.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
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 Producer Price Index, which shows the wholesale cost of goods, is set to be released Thursday with economists saying it will give better insight into how President Trump's tariffs are impacting the U.S. economy. Constance Hunter, chief economist at the Economist Intelligence Unit, joins CBS News to discuss.
GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in the U.S.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
New government data shows the cost of consumer goods increased slightly last month, but the true effect of the higher tariffs haven't hit consumers yet. Jo Ling Kent explains.
President Trump has extended the deadline to negotiate a trade deal with China to November 10. Meanwhile, an online meeting between Mr. Trump, European leaders and Ukrainian President Volodymyr Zelenskyy is planned for Wednesday, ahead of Friday's Trump-Putin summit. CBS News senior White House and political correspondent Ed O'Keefe reports.
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.
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.
President Trump signed an executive order on Monday to delay steep tariffs against China for another 90 days, extending the trade truce between the two countries to continue negotiations. CBS News' Ramy Inocencio has more details.
John Dickerson goes inside the numbers on who actually pays when tariffs are levied against imports.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
U.S. chipmakers Nvidia and AMD announced that they will pay the U.S. government 15% of the revenue generated from AI chip sales in China, a White House official confirmed for CBS News. MoneyWatch correspondent Kelly O'Grady has the latest.
This week on "Face the Nation with Margaret Brennan," Weijia Jiang speaks with Democratic Rep. Tom Suozzi of New York and the director of the National Economic Council, Kevin Hassett, in the aftermath of President Trump's newly signed "big, beautiful bill." Meanwhile, search and rescue operations are ongoing in central Texas after devastating flash floods killed dozens.
The FBI investigated whether President Trump acted as a Russian asset when he fired James Comey, a theory an administration official said wasn't backed up by evidence.
CBS News has previously reported that the U.S. has dwindling stockpiles of defensive interceptors and long-range missiles.
Tuesday's Michigan Democratic Senate primary race remains unsettled, with progressive Abdul El-Sayed holding onto a narrow lead over moderate Haley Stevens with votes still being counted.
The secretary of state said progress has been made in the Iran-Oman talks but that no final agreement has been reached, adding, "We're hoping that will happen very shortly."
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Course in LA County ahead of the president's Southern California visit.
Trump-endorsed Rick Brattin won the GOP primary for Missouri's 5th Congressional District, CBS News projects, setting up a battle against an 11-term Democrat in a district that was made far more GOP-leaning.
Rep. Wesley Bell on Tuesday beat former congresswoman Cori Bush in a heated primary in Missouri's 1st Congressional District, CBS News projects.
The impact wasn't to be visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Democrat Elaine Luria, who previously served four years in Congress, lost to Republican Rep. Jennifer Kiggans in 2022.
Trump-endorsed Rick Brattin won the GOP primary for Missouri's 5th Congressional District, CBS News projects, setting up a battle against an 11-term Democrat in a district that was made far more GOP-leaning.
Republican Douglas Ollivant will run against Democratic Rep. Eugene Vindman in November.
Three people were killed and seven others were wounded in the Saturday attack in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, officials said.
A senior State Department official said the visa would be reinstated immediately if Brazil grants diplomatic approval for President Trump's nominee for U.S. ambassador to Brazil, Daniel Perez.
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
The restaurant chain said it pulled the peppers and replaced them with product from another grower amid a food-poisoning probe.
Stocks notched new record highs on Tuesday as oil prices dipped and companies reported healthy profits.
One woman in her mid-30s said her $60,000 annual income wasn't enough to cover all her bills after a breakup, leading her to move back home.
Here's what employees can expect for a raise in 2027 as companies move away from broad-based pay increases.
The White House has declassified information claiming the FBI probed whether President Trump acted as a Russian asset when he fired James Comey, a theory an administration official said wasn't backed up by evidence.
Tuesday's Michigan Democratic Senate primary race remains unsettled, with progressive Abdul El-Sayed holding onto a narrow lead over moderate Haley Stevens with votes still being counted.
Democratic Rep. Marie Gluesenkamp Perez and Republican state Sen. John Braun will advance to a general election in Washington's 3rd District, one of the most hotly contested House contests of this year, CBS News projects.
Trump-endorsed Rick Brattin won the GOP primary for Missouri's 5th Congressional District, CBS News projects, setting up a battle against an 11-term Democrat in a district that was made far more GOP-leaning.
Rep. Wesley Bell on Tuesday beat former congresswoman Cori Bush in a heated primary in Missouri's 1st Congressional District, CBS News projects.
At least 110 people have fallen ill from salmonella in Minnesota, the vast majority of whom reported having eaten at the Mexican chain Chipotle. Tom Hanson has the story.
Two people have died of cyclosporiasis in Michigan, officials said Monday, as the state battles the worst outbreak of the disease in the country. Carter Evans has the details.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
Rising premiums forced many people in Affordable Care Act plans to give up their coverage. But the Trump administration claims a huge drop in enrollment is almost entirely due to its fraud crackdown.
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
Ukrainian President Volodymyr Zelenskyy says the footage shows how Russian soldiers "take pleasure in killing" civilians.
A senior State Department official said the visa would be reinstated immediately if Brazil grants diplomatic approval for President Trump's nominee for U.S. ambassador to Brazil, Daniel Perez.
CBS News has previously reported that the U.S. has dwindling stockpiles of defensive interceptors and long-range missiles.
Water levels on the Danube River have dropped so low that dozens of World War II German battleships – and even the remains of an ancient woolly mammoth — are emerging into view.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
One day after announcing she'll step back from the spotlight after her tour ends, Ariana Grande spoke directly to fans at Monday night's show in Chicago. The singer said the decision was her own and "was made from a thoughtful and empowered place."
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
A social media trend encouraging users to share what they love about their favorite person is bringing light to TikTok and other platforms.
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
Top executives from leading artificial intelligence companies are set to meet with White House officials, according to media reports. Ian Krietzberg, an AI correspondent for Puck News, has more.
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.
The order asks AI companies to share previews of powerful new models with the government before they are released to the public.
Lauryn Williams, the deputy director and senior fellow of the Strategic Technologies Program at the Center for Strategic and International Studies, joins to discuss the U.S. probe into Iran possibly targeting water systems in Michigan and Minnesota.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Lindsay Clancy, the woman accused of first-degree murder in the deaths of her three children, spoke in court Tuesday. CBS News' Shanelle Kaul reports.
Lindsay Clancy, the woman accused of killing her three young children in what her defense says was an episode of postpartum psychosis, testified in court for the first time on Tuesday as her trial progresses. Shanelle Kaul has more.
Three people were killed and seven others were wounded in the Saturday attack in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, officials said.
The Wall Street Journal's Valerie Bauerlein joins CBS News to discuss her reporting on crucial missteps made by authorities in the days following the disappearance of Nancy Guthrie, mother of "Today" show host Savannah Guthrie.
A man is under arrest for allegedly setting one of three major wildfires in the Spokane, Washington, area. Meanwhile, thousands have been evacuated from the area as fires rage. KREM reporter Regan Gallo has more.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time. Carl Schmidt, a planetary scientist at Boston University involved in the observation campaign, told CBS News a plume of sodium and lithium gas was observed by the Very Large Telescope in Chile using spectroscopy. Schmidt said another scientist detected sodium emission from his observing site in Sudbury, Massachusetts.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Michigan, Missouri, Virginia, Kansas and Washington all held primaries Tuesday night, with much of the nation focusing on the Michigan Democratic Senate primary between Abdul El-Sayed and Rep. Haley Stevens. Major Garrett anchored CBS News' special report.
Polls have closed in Michigan, where the heated Democratic Senate contest between Abdul El-Sayed and Haley Stevens is coming to a head. Democratic Rep. Debbie Dingell of Michigan joins CBS News to weigh in.
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
The Department of Homeland Security has confirmed the death of a detainee at a controversial immigration center in New Jersey. CBS News' Camilo Montoya-Galvez reports.