Red Lobster's CEO on comeback strategy
Red Lobster is coming back from bankruptcy in this era of economic uncertainty. Red Lobster CEO Damola Adamolekun spoke with CBS News MoneyWatch correspondent Kelly O'Grady about the company's strategy.
Economy
OECD forecasts a sharp economic slowdown in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump administration.
China, U.S. swap trade violation claims
China is pushing back against the U.S. after President Trump accused the country of violating a May 12 trade agreement. CBS News senior business and technology correspondent Jo Ling Kent reports.
Jan. 6 defendant rejects Trump pardon
A former Trump loyalist is rejecting a pardon for her role in the Jan. 6 Capitol riot. Pamela Hemphill was convicted of a misdemeanor for entering a restricted area during the 2021 attack. Wall Street Journal White House reporter Meridith McGraw, NOTUS reporter Jasmine Wright and CBS News Department of Justice correspondent Scott MacFarlane join to discuss.
Fewer tourists are traveling to Las Vegas
Las Vegas may still dazzle, but for many visitors, that sparkle now comes at a steeper price. Inflation is hitting hard, and that means fewer tourists are traveling to the city. Andrés Gutierrez reports.
What mixed signals on the economy are saying
President Trump has announced he's doubling all tariffs on steel imported to the U.S. Meanwhile, new data gives a glimpse into the minds of consumers and state of the U.S. economy. Kelly O'Grady explains.
CBS News poll: 39% say U.S. economy is good
A new CBS News poll shows that 39% of Americans rate the state of the U.S. economy as "good." Anthony Salvanto, CBS News executive director of elections and surveys, breaks down the findings.
Trump announces doubled tariffs on steel
On Friday in Pennsylvania, President Trump announced that "we are going to be imposing a 25% increase, from 25% to 50%, the tariffs on steel into the U.S., which will even further secure the steel industry in the U.S." CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Americans' feelings on economic outlook
Americans' feelings about the economy have improved slightly, but many are still concerned about the state of their finances, according to a new CBS News poll. Anthony Salvanto breaks down the numbers.
Uncertainty in battle over Trump's tariffs
A federal appeals court says President Trump's tariffs can stay in place for now. This came after the court of international trade ruled that they are likely illegal. The back-and-forth is happening as Elon Musk leaves his White House role. He told "CBS Sunday Morning" prior to the announcement of his departure that he has some "differences of opinion" with the Trump administration. Watch more of Pogue's interview with Musk this Sunday, only on "CBS Sunday Morning."
Big Lots leadership on impact of tariffs
Lisa Seigies, president and CEO of Variety Wholesalers, which purchased assets from the Chapter 11 bankruptcy of Big Lots last year, speaks to "CBS Mornings" about reopening stores and the impact of President Trump's tariffs.
Poll: Americans' economic views improving
While CBS News polling shows that Americans' views on the economy have improved since winter, there is still concern when it comes to finances. CBS News executive director of elections and surveys Anthony Salvanto breaks it down.
Poll: Americans feel concern more than they feel secure about finances
Prices and finances are big factors in how Americans decide their summer plans.
Legal issues over Trump's tariffs to continue
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.
Toymaker sues Trump over tariffs
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 feel more optimistic about the economy
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.
Apr 23: CBS News 24/7, 4pm ET
Stocks climb on hopes U.S.-China trade tensions could ease; AI jobs scams are on the rise.
Apr 23: CBS News 24/7, 1pm ET
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.
Apr 23: CBS News 24/7, 10am ET
Pope Francis' body lies in state at St. Peter's Basilica; Nominations for the 2025 American Music Awards announced.
Here's why consumer confidence rebounded
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.
Markets rally after Trump's EU tariff delay
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 in May rebounds
Consumer confidence rebounded in May after five months of decline. CBS News' Kelly O'Grady breaks it down.
About 1 in 4 Americans are "functionally unemployed," researcher says
Many workers aren't working as much as they'd like. Here's what one expert says the federal unemployment rate fails to capture.
CEO of German tech company on tariffs
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.
Exclusive
Joni Ernst won't seek reelection to Senate in 2026, sources say
GOP Sen. Joni Ernst of Iowa is expected to announce next week she's not running for reelection in 2026.
Hurricane Katrina in photos, 20 years later: "We're the land they forgot about"
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.
Trump revokes Kamala Harris' Secret Service protection
Congress passed a law in 2008 that limits Secret Service protection for former vice presidents to up to six months after leaving office.
Families of 2 children killed in Minneapolis school shooting speak out
The family of one of the victims shot early Wednesday morning at Annunciation Catholic Church in southwest Minneapolis spoke out for the first time Thursday afternoon.
2 dead after getting flesh-eating bacteria from eating raw oysters
Vibrio vulnificus is a bacteria that occurs in warm coastal waters or raw seafood. It can cause necrotizing fasciitis, a life-threatening illness.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Celebrity crocodile wrangler lied about deadly copter crash, jury finds
Matt Wright, star of the "Wild Croc Territory" and "Outback Wrangler" series, was convicted of two counts of perverting the course of justice.
"Potential evidence" found in search for dad accused of killing 3 daughters
The FBI said it had recovered "potential evidence" while searching nearly 250 acres of rugged wilderness for signs of Travis Decker.
Alabama town's first Black mayor reelected after being locked out of office
The first Black mayor of an Alabama town has won election by a landslide, four years after he ran unopposed but was prevented from serving.