Why did Fed keep interest rates steady again?
The Federal Reserve on Wednesday left interest rates unchanged for the fifth time in a row. CBS News' Kelly O'Grady and Olivia Rinaldi have the latest.
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The Federal Reserve on Wednesday left interest rates unchanged for the fifth time in a row. CBS News' Kelly O'Grady and Olivia Rinaldi have the latest.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
President Trump spent the day hailing new GDP numbers that showed stronger than expected economic growth over the past three months. But at the Federal Reserve, Chair Jerome Powell pointed to Mr. Trump's tariffs as he announced the central bank would leave interest rates unchanged. Nancy Cordes reports.
President Trump has been pressuring the Federal Reserve to lower interest rates, but the central bank held them steady on Wednesday. Peter Navarro, senior counselor for trade and manufacturing to President Trump, joins "The Takeout" to explain why he believes rates should be cut.
Much remains to be decided about President Trump's tariffs. Top trade adviser Peter Navarro joins "The Takeout" to discuss where things are headed.
Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed Wednesday.
President Trump announced a 25% tariff on goods from India, plus a "penalty" for buying Russian energy. CBS News' Olivia Rinaldi and Kelly O'Grady have more details.
President Trump is standing firm on his Aug. 1 tariff deadline, posting on social media that it will not be extended. Meanwhile, the Federal Reserve is set to announce its interest rate decision on Wednesday. CBS News' Kelly O'Grady and Natalie brand report.
President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
Stela Perez makes jeans, tops and dresses out of her fashion company, A Cut Above the Rest LA, but says the price of materials and labor has recently decimated her "made in America" business. Jo Ling Kent reports.
Economists says the new U.S.-EU trade pact averts a trade war and eases uncertainty, but locks high tariffs into place.
Opening arguments start Thursday in a federal case that could upend President Trump's signature trade policy.
Trump says he's "very disappointed" with Vladimir Putin, and he's shortening the deadline for the Russian leader to agree a ceasefire with Ukraine.
President Trump struck a deal between the U.S. and the European Union just days before a 30% blanket tariff on European goods was set to go into effect. Kelly O'Grady has details.
President Trump has struck a deal with Europe to head off a trade war. It avoids the 30% import tax the president had threatened to impose on European goods beginning Aug. 1. Instead, the tariffs will be about half that amount. The Europeans, in return, will spend hundreds of billions of dollars on U.S. products. Weijia Jiang has more.
President Trump and the European Union announced a trade deal on Sunday ahead of Mr. Trump's Aug. 1 tariff deadline. CBS News MoneyWatch correspondent Kelly O'Grady has more on where trade deals with other countries stand.
President Trump announced the U.S. and European Union reached a trade deal that includes a 15% tariff on imported goods and a promise by the EU to purchase $750 billion worth of American energy. CBS News MoneyWatch correspondent Kelly O'Grady has more on why the announcement is fueling investor optimism.
President Trump is meeting with British Prime Minister Keir Starmer in Scotland as more news emerge about his tariff negotiations. Republican strategist Kevin Sheridan and CBS News political contributor Joel Payne join "CBS News Mornings" to discuss how effective Mr. Trump's tariff threats have been.
President Trump and the European Union have announced a trade deal following Mr. Trump's meeting with EU president Ursula von der Leyen on Sunday in Scotland. CBS News' Natalie Brand has the latest, while Koen Verhelst, a trade reporter for POLITICO, joins with details on the agreement's framework.
The National Retail Federation says more parents than ever are bracing for price hikes and are trying to get ahead of the Aug. 1 tariff deadline by shopping for school supplies in the middle of summer. Ali Bauman has more.
European Commission President Ursula von der Leyen will meet President Trump in Scotland on Sunday to discuss a potential trade deal. CBS News business contributor Javier David has more.
President Trump traveled to Scotland on Friday to visit his golf courses and discuss trade with foreign leaders. CBS News senior White House correspondent Weijia Jiang has the details.
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
Protesters plan to greet Trump as he visits Scotland, but what do the locals near — and even in the middle of — his luxury golf resort think?
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
The deployment dramatically increases the number of U.S. service members and ships dedicated to countering narcotics traffickers.
The government shutdown hit Day 24 with no deal in sight as the Senate stands adjourned for the weekend. Follow live updates here.
In a "CBS Sunday Morning" interview to air Oct. 26, the California governor dismisses the president's proposal to send National Guard troops to San Francisco, and says that he would sue to block any such attempt.
The U.S. sanctioned the Colombian president, an escalation of the feud between President Trump and the South American leader.
New York Attorney General Letitia James was indicted by the Justice Department in October on bank fraud charges.
German businessman Alexander Böcker was reading the news with his wife when she told him about a robbery at the Louvre in Paris. They soon saw an opportunity.
Colombian President Gustavo Petro gives his side of the story as he engages Trump in a war of words over mounting U.S. boat strikes.
Zhi Dong Zhang, known as "Brother Wang," escaped house arrest in Mexico in July and has now been transferred into U.S. custody, officials said.
Isabelle Tate previously shared she suffered from a progressive neuromuscular disease and her family requested memorial donations be sent to the the Charcot-Marie-Tooth Association.