Latest in CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
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Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - 6d -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 4d -
Wife of powerful cartel boss wanted by U.S. is released from prison
Rosalinda Gonzalez is married to Nemesio Oseguera, better known as "El Mencho," leader of the Jalisco New Generation Cartel.CBS News - 3d -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 3d -
Trump’s threatened 25% tariffs on EU imports could trigger ‘economic turmoil’
US president’s plan could prove to be an economic shock to both blocs, German thinktank says. Business live – latest updates Donald Trump’s threatened 25% tariffs on EU imports could trigger ...The Guardian - 4d -
UK-US trade deal could mean tariffs 'not necessary', says Trump
The US president says a trade deal could happen very quickly and avoid taxes on UK imports.BBC News - 4d -
US and UK in talks on trade deal that could spare Britain from tariffs
Donald Trump says America is looking to forge pact as ‘quickly as it can be done’Financial Times - 4d -
Jim Cramer lists stocks that could withstand the impact of Trump's tariffs
CNBC's Jim Cramer on Thursday opined on the market instability caused by some of President Donald Trump's tariff decisions.CNBC - 4d -
Trump's new tariffs could hike car prices by $12,000, report says
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.CBS News - 13h -
Why Walmart’s warning may have more to do with weight-loss drugs than tariffs
Walmart’s stock fell Thursday as quarterly earnings were expected to decline for the first time in three years, with strength in groceries and GLP-1 drug sales continuing to pressure margins.MarketWatch - Feb. 21 -
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.The New York Times - Feb. 20 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state
From Maine to Montana to New Mexico, states across the U.S. will face significant economic issues from President Donald Trump's trade war on Mexico and Canada.CNBC - 6d -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 4d -
Breaking down Trump's meeting with U.K.'s Starmer, tariffs on U.S. allies
President Trump met with British Prime Minister Keir Starmer on Thursday to discuss ending the Russia-Ukraine war and establishing new trade deals. CBS News chief White House correspondent Nancy ...CBS News - 4d -
Firsthand look at busiest U.S. port of entry amid tariff threats
Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the ...CBS News - 4d -
U.S. set to unleash tariffs on Canada, Mexico and other countries
Trump officials remain on course to hit Canada and Mexico with 25% tariffs on March 4, with a wave of other levies ready to roll.CBS News - 3d -
How Canadians Are Directing Their Ire at the U.S. Over Trump’s Tariffs
Canadians are shunning American products and abandoning trips to the United States to protest the economic punishment President Trump has threatened to impose with tariffs.The New York Times - 3d -
Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats
President Trump said he would impose potentially devastating tariffs on Tuesday, inspiring patriotism in Canada.The New York Times - 2d -
Trump’s tariffs, whether implemented or not, have already hurt the U.S. auto industry
Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.MarketWatch - 14h -
Chinese-owned factories move to Cambodia to avoid U.S. tariffs
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden. Anna Coren reports from Cambodia.CBS News - 10h -
China Retaliates Against Trump, Imposing Tariffs and Blacklisting U.S. Companies
Beijing imposed broad tariffs on imports of American food and said that 15 U.S. companies could no longer buy from China without special permission.The New York Times - 3h -
Trade tensions heat up as China and Canada retaliate against U.S. tariffs
China and Canada on Tuesday retaliated against newly imposed U.S. tariffs, announcing their own levies on U.S. goods that could further disrupt U.S. trade with its top three trading partners.NBC News - 4h -
China Retaliates Against Trump, Imposing Tariffs and Blacklisting U.S. Companies
Beijing imposed broad tariffs on imports of American food and said that 15 U.S. companies could no longer buy from China without special permission.The New York Times - 3h -
U.S. tariffs on Mexico and Canada take effect and levies on China raised
Canada and China hit back. Mexico is expected to react Tuesday. The moves raised fears of higher prices for U.S. consumers and a trade war.CBS News - 1h -
Long-term effects of Gaza war could quadruple Palestinian death toll, warn UK doctors
Surgeons who worked in Gaza fear disease, malnutrition and eradication of healthcare will reverberate for decades . British doctors who worked in Gaza during the war have issued dire predictions ...The Guardian - Feb. 22 -
Four million Queenslanders warned they could be in ‘firing line’ when Cyclone Alfred heads towards coast
Bureau of Meteorology says guidance ‘favours landfall on Thursday’ as premier David Crisafulli warns ‘large system presents big challenge’. Follow our Australia news live blog for latest ...The Guardian - 2d -
Federal cybersecurity layoffs could leave U.S. vulnerable to hackers
Employees with the Cybersecurity and Infrastructure Security Agency are awaiting more possible layoffs. Some security experts fear this could make the U.S. vulnerable to bad actors. CBS News ...CBS News - Feb. 21 -
Could Ukraine's mineral wealth buy it U.S. protection from Russia?
The Trump administration is apparently nearing a deal with Ukraine that could grant the U.S. access to mineral resources in exchange for security guarantees.CBS News - 6d -
DOGE cuts could hamper U.S. response to next pandemic
Around 700 people have been laid off from the Centers for Disease Control and Prevention in recent weeks due to cuts from the Trump administration. Some public health experts are expressing ...CBS News - 6d -
Cuts at the U.S. Forest Service could lead to unintended consequences
U.S. national forests are maintained by an army of Forest Service workers, but recent cuts could have the forests looking very different this summer.CBS News - 6d -
U.S. could earn profits from Ukraine's rare minerals
A potential deal with Ukraine could bring in 50% of profits to America from rare minerals extracted by the U.S. ally. Iulia Joja, a senior fellow at the Middle East Institute, joins CBS News with ...CBS News - 5d -
How Trump’s Changes to U.S. Gender Policy Could Affect Your Passport
President Trump’s order abolishing the “X” marker and recognizing only birth sex has caused confusion and anxiety for trans, intersex and gender-nonconforming travelers.The New York Times - 5d -
How U.S. ‘mini-stagflation’ and the yen could shock financial markets
A financial shock is on the cards if the carry trade crumbles, says strategist.MarketWatch - 3d -
Warren Buffett, warning of ‘scoundrels’ and ‘fiscal folly,’ slashes his exposure to U.S. stocks
Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.MarketWatch - Feb. 23 -
Thailand deports 40 Uyghur detainees to China despite warnings from U.S. and rights groups
Thailand deported 40 Uyghur asylum seekers to China on Thursday, despite warnings that they faced torture and possible death if they were returned.NBC News - 4d -
FinCEN Sets New Deadline and Teases Future Leniency With CTA
The Financial Crimes Enforcement Network also dangled a carrot in front of smaller enterprises.Inc. - Feb. 19 -
Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems
Tesla is voluntarily recalling 376,241vehicles in the U.S. to correct an issue with failing power-assisted steering systems.CNBC - Feb. 21 -
Trump announces $100 billion investment in U.S. from TSMC, calls it 'most powerful company' in world
President Donald Trump announced a $100 billion investment from Taiwan Semiconductor Manufacturing to boost U.S. chip building.CNBC - 14h