Thrifting interest explodes for Americans worried about rising clothing prices
The secondhand market is expected to more than double by 2028, according to a resale report from Thredup, an online thrift store.
Watch CBS News
The secondhand market is expected to more than double by 2028, according to a resale report from Thredup, an online thrift store.
Americans worried about costs have flocked to the used clothing market. Thrifting is an easy way to avoid tariffs, with prices generally 50% to 75% off of retail. Janet Shamlian reports.
After two days of trade talks in London, President Trump says the U.S. and China have reached the framework of a deal. Scott Lincicome, a vice president at the Cato Institute's Center for Trade Policy Studies, joins to discuss.
President Trump says a new trade framework with China will give the U.S. access to rare earth minerals. China has a tight grip on one element critical to U.S. military hardware: Samarium. Gracelin Baskaran, director of the Critical Minerals Security Program at CSIS, explains the element's significance.
The Trump administration says it agreed to a framework for a trade deal with China. Plus, new data from the Labor Department shows inflation rose less than expected last month. CBS News' Olivia Rinaldi and Kelly O'Grady have more.
Rep. Linda Sánchez of California and Treasury Secretary Scott Bessent sparred over President Trump's tariff policy at a House hearing on the department's budget request. Sánchez questioned whether the Trump administration negotiated a good trade deal with China.
The latest Consumer Price Index (CPI) report shows that U.S. inflation rose by 0.1% in May, which is less than expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down. Also, CBS News' Natalie Brand has the latest updates from the White House as President Trump boasts about an agreement with China being close to the finish line.
U.S. and Chinese trade teams appeared to make modest progress a month before paused monster tariffs are due to resume, but Trump says a deal "is done."
President Trump is claiming that a trade deal with China is "done," but few details are known about the apparent agreement. This follows meetings between senior officials from both nations in London. CBS News' Natalie Brand reports.
Senator Joni Ernst, R-Iowa, joins Margaret Brennan to discuss NRA political contributions and how tariffs on China would affect American agriculture.
Treasury Secretary Steven Mnuchin joins "Face the Nation" moderator Margaret Brennan to discuss the U.S. and China's trade tariff threats and the effects they are having on the markets.
Ramesh Ponnuru, Julie Pace, Jeffrey Goldberg and Tolu Olorunnipa discuss the Trump administration's strategy in Syria and how tariffs are affecting American allies.
Rep. Will Hurd, R-Texas, discusses his dissatisfaction with the administration's new tariffs and the "discharge petition" he is helping to spearhead to force a vote in Congress on four immigration bills.
Sen. Ed Markey, D-Massachusetts, joins "Face the Nation" moderator Margaret Brennan to discuss what he hopes will come out of the summit with North Korea and instituting tariffs in the name of national security.
Commerce Secretary Howard Lutnick says the U.S. and China have reached a "trade framework" after two days of negotiations in London.
Missed the second half of the show? Get the latest on economic growth, trade and tariffs.
In a new CBS News poll, Republicans voice strong optimism on the economy, but President Trump's handling of trade gets negative reviews.
Anne Gearan, Shannon Pettypiece, Ed O’Keefe and Salena Zito discuss the GDP report and what the short term and long term effects of the tariffs will be for states across the country.
Former White House chief strategist Steve Bannon tells CBS News foreign correspondent Seth Doane that President Trump should proceed with tariffs if the trade talks don't produce a deal before March 1.
Sen. Roy Blunt, R-Missouri, joins moderator Margaret Brennan to discuss the agreement U.S. and Mexican officials reached over the weekend to avoid tariffs.
Mexican Ambassador to the U.S. Martha Bárcena Coqui joins moderator Margaret Brennan to discuss the agreement U.S. and Mexican officials reached over the weekend to avoid tariffs.
Karen Tumulty, David Nakamura, Mark Landler and Kelsey Snell discuss what was left unresolved in negotiations between the U.S. and Mexico.
2020 Democratic presidential candidate Sen. Amy Klobuchar of Minnesota joins Margaret Brennan to discuss the administration's tariffs on China and the escalating trade war.
U.S. and Chinese officials met in London on Monday for a second round of trade talks. CBS News senior business and technology correspondent Jo Ling Kent has the latest on where things stand in negotiations to strike a deal between the world's two largest economies.
The Rodon Group produces billions of plastic parts every year — including parts for the popular toy brand K'nex — at its factory in Hatfield, Pennsylvania.
Dozens of companies and wealthy individuals have given money toward President Trump's $300 million White House ballroom project. Many have also sought favorable policies from his administration.
Russian missile and drone attacks on Ukraine overnight into Saturday killed at least four people and wounded 20, officials said.
The U.S. is sending an aircraft carrier strike group to the waters off Latin America, dramatically increasing the number of service members and ships dedicated to countering narcotics traffickers.
The government shutdown hit Day 25 with no deal in sight as the Senate stands adjourned for the weekend.
Jose Castro-Rivera was in a vehicle that was stopped on a Virginia highway on Thursday morning, according to Virginia State Police.
Connolly has garnered the backing of a range of left-leaning parties, including Sinn Féin, the Labour Party and the Social Democrats.
The suspects planned to transport the nuclear material to China through Russia, the security service said in a statement.
Former vice president Kamala Harris spoke about the possibility of a woman being in the White House one day in an interview with the BBC.
The Octagon is an approximately 10,000 square foot home designed by William Thornton, who served as the first architect of the U.S. Capitol in Washington, D.C.