Fed Chair Powell says interest rates on hold amid economic uncertainty
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
Economy
DHS ends collective bargaining agreement with TSA employees
Union representing TSA workers calls the Department of Homeland Security's decision an "unprovoked attack."
Trump yanks security clearances of lawyers at firm that probed any Trump-Russia ties
Trump says he's suspending security clearances of lawyers at Perkins Coie, which was involved in launching oppo research during the 2016 campaign into any ties between Trump and Russia.
How U.S. dairy industry relies on immigrant labor
The Trump administration's border crackdown has put a spotlight not just on illegal immigration, but the role immigrant workers play throughout America's economy. Adam Yamaguchi reports on how involved they are in the delivery of America's dairy products.
What Trump says will stop tariff threats
Just two days after imposing 25% tariffs on imports from Canada and Mexico, President Trump is hitting the pause button. The president signed a series of executive orders on Thursday, granting exemptions for products that are compliant under the U.S.-Mexico-Canada agreement. CBS News' Olivia Rinaldi and Kelly O'Grady break it down.
Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
Layoffs spiked in February, led by DOGE cuts
Layoffs spiked in February, led by the Department of Government Efficiency cuts. Employers cut about 172,000 jobs last month, according to the firm Challenger, Gray and Christmas. That's the highest number of layoffs per month since the height of the pandemic in July 2020. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Reporter's Notebook: Economic warning signs
President Trump has often been able to defy political gravity. Will that be true when it comes to the economy? John Dickerson gives his take.
Tariffs causing uncertainty for businesses
Mexico said it will announce retaliatory measures to President Trump's tariffs this Sunday. The U.S. imposed 25% tariffs on both Mexico and Canada on Tuesday, with the exception of the auto manufacturing industry for one month. Jon Barela, CEO of the Borderplex Alliance, an independent economic development and policy advocacy organization, joins "The Daily Report" to discuss the impact on the borderlands region.
Ontario premier threatens to cut U.S. energy
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.
Chinese delegates avoid questions as they gather amid Trump's trade war
China's assembled delegates don't care to discuss President Trump's escalating trade war, but the underlying message from Beijing is one of confidence.
Trump outlines his economic plans to Congress
In his address to Congress on Tuesday night, President Trump outlined his vision for reducing inflation and boosting the American economy. The president made his case for tariffs on U.S. allies, expanding oil drilling, shrinking the federal workforce and more.
Breaking down possible impacts of Trump tariffs
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.
Trump voters optimistic about economy's direction
The economy helped put President Trump back in the White House, and it will be a pillar of his speech to Congress. He is expected to talk about lowering prices for Americans, even as his tariffs threaten to raise them. Caitlin Huey-Burns went to York, Pennsylvania, to see how residents are rating Trump's handling of the economy so far. Then, Kelly O'Grady explains when Americans might start to feel the effects of Trump's tariffs.
How Canada tariffs will impact businesses
The U.S.'s trade partnership with Canada has long been a key driving force for several border states' economies. Canada imposed a retaliatory tariff on U.S. goods on Tuesday. CBS News national correspondent Lana Zak reports. Asa McKercher, the Hudson Chair of Canada-U.S. relations at St. Francis Xavier University, joins "The Daily Report" to discuss the impact.
Trump to "tell it like it is" in Congress speech
In a social media post, President Trump says he will "tell it like it is" in Tuesday's address to Congress. CBS News' Ed O'Keefe and Fin Gómez, and political strategists Chuck Rocha and Matt Gorman, join to discuss what to expect from Trump's speech.
Will Trump's tariffs increase inflation?
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and Canada. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
What voters want from Trump's Congress address
A new CBS News poll examines what Americans want to hear President Trump discuss in his address to Congress on Tuesday night. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.
U.S. tariffs on Mexico and Canada take effect and levies on China raised
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
Trump to focus on tariffs in Congress address
President Trump will speak to both chambers of Congress on Tuesday night and describe his vision for the future hours after sweeping tariffs went into effect against the U.S.' three largest trading partners. CBS News' Caitlin Huey-Burns and Weijia Jiang report. Then, NOTUS reporters Jasmine Wright and Daniella Diaz join with analysis.
What tariffs could mean for U.S. consumers
President Trump's plan to impose 25% tariffs on nearly all goods imported from Canada and Mexico is set to take effect Tuesday. The president also plans to impose an additional 10% tariff on Chinese imports. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Tariffs on U.S. allies to take effect in hours
The U.S. will impose 25% tariffs on imports from Canada and Mexico starting Tuesday. Tariffs on goods from China will increase from 10% to 20%. Kelly O'Grady, CBS News MoneyWatch correspondent, and Sarah McGregor, managing editor for Bloomberg News' national desk, join "America Decides" with analysis.
Understanding DOGE's mass firings
Several former federal workers fired as a result of the Trump administration's widespread DOGE cuts are expected to attend the president's congressional address Tuesday night at the invitation of Democrats. New reporting from the American Communities Project looks into just how far-reaching these mass layoffs are. The Project's director and founder Dante Chinni joins "America Decides" to unpack the findings.
Wall Street slumps after Trump says tariffs will begin on March 4
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
Americans say Trump changing how government works, but divide on workforce cuts
Ukraine also brings divisions; Trump's immigration efforts rate well, but many look for more inflation focus.
Israel announces strike on Hamas leaders as explosions rock Doha, Qatar
Israel says it carried out strikes targeting Hamas senior leaders, as large explosions echoed across the capital of Qatar, a key U.S. ally and partner in the Middle East.
House panel releases more records from Jeffrey Epstein's estate
The new records include a birthday letter to Epstein allegedly written by President Trump, which he has denied writing.
Venezuelan leader declares early Christmas as standoff with U.S. escalates
As he sends more troops to Venezuela's borders amid a standoff with Trump, President Nicolas Maduro says he's also rescheduling Christmas, to defend "the right to happiness."
The U.S. has lost thousands of manufacturing jobs this year, analysis finds
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Russian strike kills at least 20 in east Ukraine, Zelenskyy says
President Volodymyr Zelenskyy posted amateur video showing the aftermath of a Russian strike on a Ukrainian town.
An invasive tick has been spotted in a new location. Here's what to know.
The Asian longhorned tick, which has been spotted in over 20 states, was first identified in the U.S. in New Jersey eight years ago.
Economists expect a major downward jobs revision from BLS today
Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why.
Fatal stabbing of Ukrainian refugee in Charlotte raises questions about public safety
Police say 23-year-old Iryna Zarutska was killed on a Charlotte light rail train on Aug. 22 in an apparently random attack by a man with a long record of criminal charges and psychiatric crises.
Nepal's prime minister steps down amid deadly anti-government protests
Protests in Nepal over a since-lifted ban on major social media platforms have left almost 20 people dead and now toppled the country's leader.