Americans could soon see higher costs from tariffs, Fed's Hammack says
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
What the latest downturn in the housing market means for buyers
In June, the median U.S. sale price for a home hit a record high of $396,000, according to Redfin.
How one diner is navigating economic uncertainty in Danbury, Connecticut
The owner of the Three Brothers Diner says customers are cutting back on spending amid economic worries.
Trump considering announcing "External Revenue Service," sources say
President Trump has previously described the "External Revenue Service" as an arm of government "to collect tariffs, duties, and all revenue that come from foreign sources."
Figure skaters in plane crash had been pursuing dreams at national event
It's an invitation every young American figure skater dreams of receiving. The National Development Camp marks both a career milestone for athletes as well as a hope that even bigger goals are within reach.
Why Trump's tariff threat could raise car prices significantly
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.
The toy industry is bracing for the impact of Trump's promised tariffs
Toy stores and the toy industry are warning that Trump's pledge to add tariffs to Chinese imports could harm their businesses.
Why cryptocurrency owners could impact the U.S. presidential election
Emerging cryptocurrency industry aims to put its stamp on the U.S. election by pouring money into key political races.