Latest in Canada, Mexico tariffs create 'ripple effects' on consumer prices, economist says
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Congo's president says he'll create a unity government as violence spreads
Congo’s president says he is going to launch a unity government, as violence spreads across the country’s east and pressure mounts over his handling of the crisisABC News - Feb. 23 -
Consumers turn to buying or renting hens as egg prices soar, but it may not help you save
Amid the rising costs of eggs, some consumers are looking for alternatives. Across the country, some hatcheries said they're seeing more interest in buying chickens, but experts warn you may not ...CBS News - Feb. 21 -
Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy
The pharmacy, called NovoCare, will allow patients to pay $499 in cash per month for the blockbuster weight loss drug.CNBC - 9h -
Mexico extradites wanted drug lord to US in attempt to ward off tariffs
Rafael Caro Quintero, sought since 1985 for murder of DEA agent, among 29 prisoners sent across borderFinancial Times - 6d -
Mexico Gave Trump Much of What He Wanted. Tariffs Came Anyway.
President Claudia Sheinbaum of Mexico took steps sought by President Trump, including sending troops to the border and cracking down on drug cartels. The tariffs went into effect anyway.The New York Times - 1d -
‘We Have Given Him Everything’: Trump’s Tariffs Stun Mexico
President Claudia Sheinbaum’s government made major concessions — and delivered results — to avert President Trump’s 25 percent tariffs. He imposed them anyway.The New York Times - 5h -
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 - 4d -
Arrival of US tariffs set to embolden Canada’s new leader
Plus, ex-Barclay boss Staley seeks redress in London courts and markets await expected ECB rate cutFinancial Times - 3d -
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 - 1d -
Trade war escalates as U.S., Canada and China impose new tariffs
President Trump's 25% tariffs on Canadian and Mexican goods took effect overnight, prompting Canada to retaliate with its own tariffs. Meanwhile, Trump doubled tariffs on Chinese imports to 20%, ...CBS News - 1d -
Canada's Trudeau calls Trump tariffs "a very dumb thing to do"
Canadian Prime Minister Justin Trudeau slammed President Trump's tariffs against Canada on Tuesday, saying they are "a very dumb thing to do." Following Trudeau's remarks, CBS News MoneyWatch ...CBS News - 1d -
Trudeau condemns ‘dumb’ Trump trade war as Canada strikes back with tariffs
Canada’s prime minister says the US president wants to usher in the ‘complete collapse’ of the Canadian economy. Justin Trudeau has claimed the aim of a “dumb” trade war launched by Donald ...The Guardian - 1d -
Ontario leader threatens to shut off power to US after tariffs on Canada
President Donald Trump's broad tariffs on imported goods from Mexico and Canada went into effect on Tuesday, along with increased duties on goods from China.ABC News - 1d -
Mullin hits 'governor' Trudeau while defending tariffs against Canada
Sen. Markwayne Mullin (R-Okla.) on Tuesday referred to Canadian Prime Minister Justin Trudeau as “governor,” as the senator defended President Trump’s tariffs against the neighbor to the north. In ...The Hill - 1d -
Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs
Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...MarketWatch - 2d -
How new tariffs could impact prices and your wallet
As new tariffs take effect, Americans are watching for potential price increases on everyday goods. CBS News business analyst Jill Schlesinger explains how the tariffs are connected and what they ...CBS News - 1d -
These products could see price hikes under Trump's new tariffs
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.CBS News - 1d -
How will Trump address rising prices as new tariffs take form?
President Trump's tariffs on goods from Canada, Mexico and China are bound to increase prices for Americans. CBS News' Weijia Jiang reports as Mr. Trump prepares to address both chambers of Congress.CBS News - 1d -
Target and Best Buy warn of price hikes from Trump's tariffs
Wall Street investors, retail executives and economic analysts are sounding growing alarms that the new administration’s trade policies could pinch shoppers and the economy.NBC News - 1d -
Target, Best Buy warn of higher prices over Trump tariffs
Target and Best Buy warned on Tuesday that shoppers should expect to see higher prices on certain goods as President Trump's tariffs on Mexico, Canada and China go into effect and those nations ...The Hill - 1d -
Companies brace for price pressures as Trump tariffs start to bite
Manufacturing, retail and food sectors highlight coming shocks after duties on Canada, Mexico and China are imposedFinancial Times - 1d -
North American pipeline company warns Trump tariffs will hit fuel prices
TC Energy chief says continent needs to deepen cross-border ties to avoid inflation and protect energy securityFinancial Times - 11h -
Trump tariffs 101: A tax on Americans that raises prices and lowers incomes
Congress has given the president the power to impose new taxes.MarketWatch - 7h -
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.The New York Times - 6h -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
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 - Feb. 25 -
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 - 6d -
CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion.VentureBeat - 2d -
Refiners' trade group: Tariffs won't make US energy secure, lower consumer costs
A refiners’ trade group knocked President Trump for his 25 percent tariffs on Canada and Mexico, both neighboring nations known for having the largest bilateral free trade agreements with the ...The Hill - 1d -
Canadian stores pull U.S. liquor from shelves as Trump's tariffs take effect
As tariffs set by the Trump administration on Canada and Mexico came into effect on Tuesday, Canadians discovered empty shelves where American liquor products were once stocked.NBC News - 2h -
Who’s the winner in Trump’s trade war on Canada and Mexico? China, according to one expert.
China is benefiting as the U.S. hits Canada and Mexico with tariffs, sparking retaliatory measures, according to one Brookings expert.MarketWatch - 27m -
UN envoy says creating an inclusive Syrian government could help lift sanctions
U.N. special envoy for Syria Geir Pedersen has said that formation of a “new inclusive government” in Damascus by March 1 could pave the way for lifting sanctions imposed by western countriesABC News - Feb. 20 -
More large-scale federal firings expected, sources say, creating concern among workers
Sources tell CBS News that the Trump administration plans to issue a new memo in the coming days directing agencies to prepare for large-scale firings. Meanwhile, Elon Musk will be at President ...CBS News - Feb. 26 -
Qualcomm CEO says its new modem creates a 'huge delta' in performance versus Apple
It has taken some time for Apple to release its first modem and it did so with the launch of the iPhone 16e last month. The cellular modem is called the C1.CNBC - 21h -
ADP says only 77,000 private jobs created in February due to ‘hiring hesitancy’ amid Trump tumult
U.S. businesses created just 77,000 new jobs in February, payroll company ADP said, in a sign the economy could be slowing as businesses weighed how to respond to President Donald Trump’s tariffs.MarketWatch - 13h -
Amid risks to Education Dept., borrowers should 'immediately' take key actions, consumer advocates say
Amid the threats to the Education Dept. and reports that Musk's DOGE had gained access to student loan borrower data, consumer advocates are issuing warnings.CNBC - Feb. 25 -
Third of emissions cuts must come from consumers, says UK climate watchdog
Government advisers call for an overhaul of domestic heating systems and suggest airfares could riseFinancial Times - Feb. 26 -
DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say
The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees.NBC News - 5d -
Victoria’s Secret says year will ‘gradually get better’ despite wobbly consumer confidence
Victoria’s Secret & Co. on Wednesday said it expects the year ahead to “gradually get better,” despite what it characterized as shaky consumer confidence and sales forecasts that came in below ...MarketWatch - 2h