The Trump tariffs aren't causing U.S. prices to spike. Here's why.
Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
Trump Administration
Iran foreign minister doubtful talks with U.S. will resume quickly
President Trump previously said diplomatic talks could resume as early as this week, but Iran's foreign minister said he didn't think they would "restart as quickly as that."
Senate holds marathon vote on GOP budget bill
The Senate is holding a "vote-a-rama" on last-minute amendments to President Trump's "big, beautiful" spending bill. The legislation would extend Mr. Trump's 2017 tax cuts and increase money for immigration enforcement, but also includes deep cuts to Medicaid spending. CBS News' Caitlin Huey-Burns reports.
Senate version of Trump bill would hit renewable energy industry with new tax
The GOP Senate version of the "big, beautiful bill" would raise the cost of wind and solar projects by 10% to 20%, one energy group estimated.
ICE detains more non-criminals, new data analysis shows
More than half the people ICE has detained under President Trump have no criminal conviction, while roughly 8% were convicted of violent crimes, an analysis of new data by CBS News finds.
Trump administration says Harvard violated federal civil rights law
The Trump administration said a failure by the university to enact certain changes would put at risk its access to federal financial resources.
Senate debates Trump's "big, beautiful bill"
A tax and spending package that is the centerpiece legislation of President Trump's second term agenda has drawn support from most Republicans on Capitol Hill and sharp criticism from Democrats who say it would benefit the rich and increase the deficit.
HHS cuts CDC staff who made sure birth control is safe for women at risk
The Trump administration eliminated the CDC team that developed national guidelines for prescribing contraception safely for millions of women with underlying medical conditions.
Senate works to kickstart Trump's budget plan
The Senate is putting in extra hours on Saturday to kickstart President Trump's legislative agenda. Overnight, Republicans released the full text for an updated version of Mr. Trump's "big, beautiful bill," containing tax and spending cuts that could impact millions of Americans. Nikole Killion has the latest.
The Trump administration's "divide and conquer" approach to LGBTQ rights
Now in its sixth month, President Trump's administration has become the antithesis of progress, many LGBTQ Americans say.
Kilmar Abrego Garcia lawyers' concerns
Lawyers for Kilmar Abrego Garcia are fighting to keep him in federal custody amid concerns the U.S. could deport him again. CBS News immigration and politics reporter Camilo Montoya-Galvez has more.
Stock market ends day in green
The S&P 500 and Nasdaq both hit new record highs earlier on Friday, led by news of the trade deal between the U.S. and China. However, the numbers closed mixed after the president pulled the plug on trade talks with Canada. MarketWatch tech and investing reporter Laila Maidan has more.
Trump admin ending LGBTQ+ suicide lifeline
The Trump administration is ending a specialized LGBTQ+ youth suicide hotline option next month. It has been used by over 1 million people since the program started three years ago. Jaymes Black, CEO of the Trevor Project, joins "The Takeout" to discuss the impact.
Supreme Court limits nationwide injunctions
The Supreme Court limited the power of federal judges to issue what's known as nationwide injunctions in a 6-3 decision along ideological lines. Both Republican and Democratic presidents have complained about getting held up in the court because of these injunctions. CBS News legal contributor Jessica Levinson has more.
Why Trump cancelled trade talks with Canada
President Trump said Friday the U.S. will stop all trade talks with Canada, effective immediately. CBS News chief White House correspondent Nancy Cordes has the details.
Ted Cruz on nationwide injunctions ruling
The Supreme Court handed President Trump a major victory on Friday by issuing a ruling that limits judges' ability to rein in his executive orders. Republican Sen. Ted Cruz of Texas joins "The Takeout" to discuss.
Supreme Court rules on universal injunctions
The Supreme Court sided with the Trump administration Friday by limiting the use of nationwide injunctions. This would shrink the power of federal judges to issue sweeping orders that have prevented certain policies by both Republican and Democratic administrations. CBS News correspondent Natalie Brand reports, and Stephen Spaulding, senior counsel at the Brennan Center for Justice, has analysis.
Trump declares nationwide injunction victory
The Supreme Court made a landmark ruling on Friday, surrendering some of the judicial branch's own power, making it more difficult for judges to issue nationwide injunctions to presidential orders that could be considered unconstitutional. This leaves the fate of birthright citizenship unclear. CBS News chief legal correspondent Jan Crawford and former Deputy Assistant Attorney General Thomas Dupree have more.
Trump celebrates U.S.-brokered peace deal between Democratic Republic of Congo and Rwanda
President Trump took credit for the agreement, which many hope will put a clear end to decades of conflict.
Trump says he's "terminating all discussions on trade with Canada"
President Trump said he'll let Canada know what their tariff rate on exports to the U.S. will be soon.
Trump administration sues Maryland judges
The Trump administration filed a lawsuit earlier this week against all 15 federal judges in Maryland over an order blocking migrant removals. The administration is accusing the state's federal judges of issuing "unlawful and anti-Democratic" orders. CBS News justice correspondent Scott MacFarlane has more.
Latest details on Iran intel assessment
The Trump administration is defending its strikes on Iranian nuclear facilities as a complete success, even as some key questions remain. CBS News' Eleanor Watson, Nikole Killion and Willie James Inman have the latest reporting.
Too sick to work, some Americans worry Trump's bill will strip their insurance
Republicans claim 4.8 million Americans on Medicaid who could work choose not to. The GOP's work-requirement legislation could sweep up disabled people who say they're unable to hold jobs.
L.A. immigration detention facilities a "ticking time bomb," immigration lawyer says
Immigration lawyers tell CBS News they've been receiving more and more calls about medical needs that aren't being addressed at the Metropolitan Detention Center in L.A.
A Cuban girl, 10, was to join her mom in Miami. Then Trump's travel ban happened
In early June, President Trump signed a proclamation barring travelers and immigrants from 12 countries from entering the U.S., and partially banning travel from another seven countries, including Cuba.
People under Hurricane Erin evacuation orders warned to "take action now"
Meteorologists are closely tracking the projected path and forecast of Hurricane Erin, which is the first hurricane to develop over the Atlantic this year.
Noem says entire southern border wall will be painted black to stop climbing
Homeland Security Secretary Kristi Noem says the entire southern border wall with Mexico is being painted black to deter illegal immigration, at President Trump's request.
U.S. to probe "anti-American" views of those applying for immigration benefits
The Trump administration has directed officials to probe any "anti-American" views and activities of immigrants applying for immigration benefits like green cards and work permits.
Politics may have spurred August purge of 5 veteran FBI agents
Details are emerging about the possible motivation behind the firing of five senior FBI agents.
Hurricane Erin forces Outer Banks evacuations, East Coast beach closures
Hurricane Erin is forcing evacuations on North Carolina's Outer Banks as it threatens to whip up wild waves, rip currents and tropical-force winds.
Unidentified flying object crashes and explodes in Poland
Local police said they received reports of the crash around 2 a.m. and found burned metal and plastic debris at the scene.
6 severed heads found on road with message about revenge
Messages are often left on victims' bodies by cartels seeking to threaten their rivals or punish behavior they claim violates their rules.
Judge blocks Texas law requiring Ten Commandments displayed in classrooms
A federal judge temporarily blocked a Texas law requiring public schools to display the Ten Commandments, ruling it likely violates the First Amendment.
DNA testing confirms Travis Decker is sole suspect in murders of daughters
Travis Decker is accused of killing his three young daughters, whose bodies were found near a campground in central Washington.