
Inflation rose around the U.S. in June amid tariff hikes
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
Watch CBS News
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
Several companies, including Oracle and Microsoft, are expected to sign pledges to work on the Trump administration initiative, according to multiple sources.
Friday is President Trump's deadline for new tariffs on nearly every country in the world. A new deal was announced Wednesday with South Korea, a major trading partner. CBS News business analyst Jill Schlesinger breaks down what it means for consumers.
A new federal initiative could allow Americans to share private medical information through apps run by tech companies. Dr. Celine Gounder joins "CBS Mornings" to explain the benefits and the privacy concerns.
South Korea appears to be the latest key U.S. trading partner to reach an agreement with the Trump administration, ahead of a Friday deadline when hefty tariffs take effect.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
The Trump administration filed a complaint this week against Judge James Boasberg, an unusual move that follows tension over President Trump's deportation policies.
President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
Dr. Vinay Prasad had been serving as the FDA's director of the Center for Biologics Evaluation and Research since May, and was later named chief medical and scientific officer.
If Russia can't reach a ceasefire agreement with Ukraine within 10 days, secondary sanctions will follow, President Trump said.
Economists says the new U.S.-EU trade pact averts a trade war and eases uncertainty, but locks high tariffs into place.
Most Americans under 30 approved at the start of President Trump's second term but are dissatisfied with the economy's direction.
President Trump on Monday said he's changing his original 50-day deadline for Russia to reach a ceasefire with Ukraine to just 10-12 days. If Russian President Vladimir Putin doesn't make a deal, Russia would face sanctions, including secondary tariffs on countries that continue to buy Russian oil.
Earlier this year, President Trump confirmed that the Qatari royal family was donating a Boeing 747-8 for his use.
The Justice Department seeks to terminate the Flores Settlement Agreement, which requires U.S. immigration officials to hold migrant children in facilities that are safe and sanitary, among other protections.
The USPS is celebrating with two new commemorative stamps and a celebration at the Smithsonian on July 26.
A bipartisan group of lawmakers has reintroduced the Dignity Act, which could allow certain undocumented immigrants a chance to earn legal status. Nikole Killion has more.
Protesters gathered in front of the U.S. consulate in Edinburgh to oppose President Trump's visit to Scotland. Mr. Trump plans to host the U.K.'s Prime Minister Keir Starmer and the President of the European Union, Ursula von der Leyen, for trade talks at his personal properties. Weijia Jiang has the latest.
About 3,870 employees have applied to depart NASA over two rounds through the Trump administration's deferred resignation program, the agency disclosed.
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.
The deadly floods in Texas earlier this month raised some questions about emergency warning systems. A new piece from the Council on Foreign Relations, an American think tank, takes a look at the potential impact of cuts to early warning systems in the U.S. after President Trump already cut staff at the National Oceanic and Atmospheric Administration and halted research into natural disasters. Author of the piece, Alice Hill, joins "The Daily Report" to discuss.
Right now, the pathway towards any potential ceasefire in the Israel-Hamas war has stalled. The latest round of talks was cut short on Thursday when the president's special envoy, Steve Witkoff, said the U.S. was bringing its negotiating team home from talks in Qatar. CBS News senior national security correspondent Charlie D'Agata reports.
The deputy attorney general met with Jeffrey Epstein associate Ghislaine Maxwell for a second day of questioning on Friday. Meanwhile, President Trump has kicked off what the White House described as a "working visit" to Scotland as he tries to shift focus from the Epstein story. CBS News' Jake Rosen and Weijia Jiang report.
Florida Gov. Ron DeSantis says deportation flights from the "Alligator Alcatraz" are underway. CBS News immigration and politics reporter Camilo Montoya-Galvez has more details.
A federal appeals court said Wednesday that President Trump's executive order curtailing birthright citizenship is unconstitutional.
President Trump announced the news on Truth Social hours after meeting with Russian president Vladimir Putin in Alaska.
U.S. Citizenship and Immigration Services instructed officers on Friday to consider additional factors when determining whether immigrants applying for U.S. citizenship have a "good moral character."
A White House spokesperson told CBS News that while deployed National Guard members "may be armed," they will not make arrests.
Erin is the first hurricane to develop over the Atlantic this year, and meteorologists are closely tracking its path and forecast.
The moves come as federal agents and National Guard troops have begun to appear across the heavily Democratic city after President Trump's executive order earlier this week.
The Israeli military body in charge of humanitarian aid to Gaza said the supply of tents and other shelter equipment to the territory would resume on Sunday ahead of the mass movement of Palestinians to the south.
Air Canada had suspended all operations after more than 10,000 of the airline's flight attendants went on strike after a deadline to reach a deal passed
Guatemalan authorities on Saturday freed nine prison guards who had been held hostage since Thursday by rioting inmates in Guatemala City, an official said.
The thieves were armed with bear spray and a Taser, and shattered the building's glass doors before ransacking display cases.