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Treasury Secretary Scott Bessent told House lawmakers Tuesday that progress is being made on foreign trade talks, but not with China. That could change on this week though. CBS News MoneyWatch correspondent Kelly O'Grady has more on this and other economic news of the day.
President Trump has not shied away from his praise for the cryptocurrency industry, but the actions he's taking to bolster it and profit from it are raising widespread ethics concerns. The Daily Beast political reporter Sarah Ewall-Wice joins "America Decides" with more.
The food delivery service is reporting record quarterly revenue despite Americans' waning sentiment on economy.
Sen. Cory Booker protests Trump administration policies in all-night speech on Senate floor; Israel ramps up strikes in Gaza amid renewed ceasefire negotiations with Hamas.
President Trump prepares to unveil reciprocal tariffs on imported goods; North Carolina radio station becomes a voice of recovery after Hurricane Helene.
President Trump is expected to announce tariffs at a "Make America Wealthy Again" event tomorrow; China carries out military drills near Taiwan.
The owner of the Three Brothers Diner says customers are cutting back on spending amid economic worries.
While many businesses are steeling themselves for trade war losses, the American steel industry has a brighter outlook. Elaine Quijano reports.
A new report shows a solid labor market, but economic uncertainty is brewing among small businesses. Kelly O'Grady visits a Connecticut diner that is feeling the strain.
The Trump administration has unveiled its budget blueprint for 2026. Now, it's only a matter of getting Congress on board. Plus, more jobs were added to the U.S. economy in April than expected, despite uncertainty with the Trump administration's tariff plans against trade partners. CBS News' Willie James Inman and Jo Ling Kent have the latest.
Employers added 177,000 jobs last month as the labor market keeps humming, for now, despite all the turmoil caused by President Trump's tariffs. The White House is taking credit for the job growth after blaming former President Biden for the drop in gross domestic product earlier this week. Mr. Trump said this is a sign that Federal Reserve Chair Jerome Powell should cut interest rates. CBS News' Ed O'Keefe and Jo Ling Kent report.
Solid payroll gains last month are easing investor concerns about the U.S. tumbling into a recession in the near term, according to market watchers.
A Chinese exporter says Trump's tariffs simply aren't fair, while a U.S. buyer hopes for a trade war truce, because "China produces what you want."
Investors are reacting to strong earnings from two of America's biggest tech names, Microsoft and Meta. The Dow went up about 80 points on Thursday, one day after data showed the U.S. economy shrank in Q1 of 2025. CBS News contributor J.D. Durkin reports.
New numbers show the U.S. economy got smaller in the first three months of 2025. It's the first time it's happened since the pandemic. Many economists blame President Trump's tariffs for the decline in GDP, but the president said it's not his fault. CBS News' Weijia Jiang has more.
President Trump has claimed credit for some of the stock market's highs, but later blamed former President Joe Biden for the disappointing gross domestic product data that appeared to indicate a shrinking U.S. economy during the first quarter of 2025. CBS News' Weijia Jiang explains.
President Trump and his administration navigated some alarming points in the nation's latest gross domestic product report by blaming the previous administration and explaining how trade preparations ahead of tariffs may have impacted the data. CBS News' Natalie Brand reports.
The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
Nevada has the highest concentration of tipped workers in the country, and many say they're struggling to keep up with inflation.
Rising import costs are squeezing small businesses. Many say it feels just like the early days of the COVID-19 pandemic. "CBS Evening News" co-anchor John Dickerson explains.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
As tariffs threaten to raise the price of new cars, Americans are racing to the showrooms. Kris Van Cleave reports they're trying to beat the price hikes.
U.S. economic growth slowed sharply in the first quarter of 2025 as businesses rushed to stockpile goods ahead of President Trump's sweeping tariff policies. Kelly O'Grady has more.
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
President Trump won the 2024 election in no small part because of a surge of support from Hispanic voters. But a new poll shows the majority of his support among this key voting block is in decline. CBS News' Nidia Cavazos reports and Clarissa Martínez De Castro, vice president of the Latino Vote Initiative at UnidosUS, joins "America Decides," to discuss.
A federal appeals court said many of the tariffs imposed by President Trump on dozens of countries earlier this year are not legally permissible, but didn't halt them.
Illinois Gov. JB Pritzker told CBS News that President Trump has "other aims" aside from fighting crime, as he vows to crack down in Chicago.
While Hurricane Katrina's toll didn't become clear for days, the storm ultimately led to nearly 1,400 deaths, according to the National Hurricane Center.
Veterans forced out under the mandate have been frustrated by what they described as a slow, arduous process to return to service.
Federal prosecutors in D.C. filed charges against a veteran who burned an American flag outside the White House, after President Trump ordered the Justice Department to investigate flag burning.
Republican Gov. Mike Kehoe made the announcement just hours after Texas GOP Gov. Greg Abbott signed into law a new congressional voting map designed to help Republicans gain five more seats in the 2026 midterm elections.
Saturday's Powerball jackpot has an estimated cash value of $453.1 million.
CVS said the pharmacy chain cannot vaccinate those even with a prescription in Massachusetts, Nevada and New Mexico due to state laws and regulations.
GOP Sen. Joni Ernst of Iowa is expected to announce next week she's not running for reelection in 2026.