4/11: CBS Morning News
Trade war between China and U.S. escalates; U.S. and Iran set to hold nuclear talks in Oman on Saturday.
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Trade war between China and U.S. escalates; U.S. and Iran set to hold nuclear talks in Oman on Saturday.
The world's largest retailer said wide-ranging levies on U.S. trade partners are impeding its ability to keep prices low.
Many U.S. businesses are facing a dilemma of whether to pay more to ship from China at the current tariff rate of 30%, or wait in the hope that the Trump administration will lower the tariffs further.
A small business owner is fighting to stay afloat amid the tariff chaos. Carter Evans reports.
Walmart's CEO warned Thursday morning that the world's biggest retailer will have to start raising prices later in May due to the high cost of tariffs. CBS News contributor J.D. Durkin joins "America Decides" with analysis from the New York Stock Exchange.
Walmart warned that even softer tariffs on China could soon force the company to raise prices on certain items. Jo Ling Kent reports.
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
Walmart made headlines Thursday with an announcement warning consumers about impending price increases due to tariffs. MarketWatch financial columnist James Rogers joins CBS News with more details.
Attorney General Pam Bondi sold at least $1 million worth of shares in Trump Media on "Liberation Day," when President Trump announced his sweeping tariffs, according to a government ethics transaction report. CBS News Department of Justice reporter Jake Rosen has more.
The Producer Price Index fell 0.5% in April, the largest decline since the COVID-19 pandemic began. Meanwhile, Walmart warned of price hikes due to President Trump's tariff plan despite recent trade deals. Barron's senior writer Megan Leonhardt joins CBS News 24/7 to break it down.
President Trump holds a Cabinet meeting at the White House; House lawmakers approve key budget resolution.
More market volatility expected after surprise tariff pause; Hero dog touring U.S. to raise awareness for animal abuse.
Helicopter crashes into river in New York City; Dow tumbles 1,000 points after historic rally
Attorney General Pam Bondi's stake in Trump Media was worth somewhere between $1 million and $5.5 million at the time of the sale, which occurred on April 2, documents showed.
The new U.S.-China tariff agreement went into effect on Wednesday, with some Chinese imports now facing a 30% tariff instead of 145%. Elenor Mak, founder and CEO of Jilly Bing, joins CBS News to discuss how the rollback is affecting her toy company's operations.
Jesusdoll.com CEO David Mauro said his toy company is racing to import inventory from China after the U.S. eased tariffs for 90 days.
Trump increases tariffs on China to 125% while pausing tariffs beyond 10% for other countries; '60 Minutes' finds 75% of migrants deported to El Salvador prison had no criminal record.
President Trump welcomes global leaders to the White House for negotiations over reciprocal tariffs; The White House pauses tariffs on most nations for 90 days but raises taxes on Chinese imports.
President Trump's new global tariffs take effect; Measles outbreak tops 600 cases in the U.S. across 23 states.
The U.S. and China have agreed to a 90-day tariff reduction with the Trump administration lowering import taxes on Chinese goods from 145% to 30% on Wednesday. Port of Los Angeles executive director Gene Seroka joins "The Daily Report" to discuss.
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
New data on Tuesday showed inflation cooled in April as President Trump rolled out his sweeping tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
New Consumer Price Index data showed inflation cooled and some prices dropped. The numbers, however, do show higher prices on auto parts impacted by President Trump's tariffs. CBS News' Kelly O'Grady reports.
Cheaper goods from China are no longer exempt from import duties, which could sharply raise prices for consumers.
The USDA notice comes after the Trump administration said it would not tap roughly $5 billion in contingency funds to keep benefits through SNAP.
In an exclusive interview, California Gov. Gavin Newsom said that he will consider a presidential campaign after the 2026 midterm elections.
The U.S. has carried out several air strikes on Venezuelan vessels that the Trump administration has accused of carrying drugs and cartel members.
Thieves took less than eight minutes to steal jewels valued at $102 million last Sunday morning from Paris' famous Louvre museum.
Melissa strengthened into a major hurricane and is expected to bring "catastrophic" flash flooding and landslides to Jamaica, Haiti and the Dominican Republic.
Treasury Secretary Scott Bessent said the TikTok deal announced last month is set to be finalized on Thursday when President Trump meets with Chinese President Xi Jinping.
In an interview aired Sunday on CBS News' "Face the Nation," Sen. Lindsey Graham said land strikes in Venezuela are a "real possibility" amid rising tensions.
Under the fragile U.S.-brokered ceasefire, reached on Oct. 10, Hamas is expected to return all of the remains of Israeli hostages as soon as possible.
Two weeks ago, Mangold revealed he was looking for a kidney donor.