Latest in Latest negative economic data is 'Biden data' and Trump will fix it, Commerce chief Lutnick says
Sort by
3,423 items
-
Trump administration considers moving USPS under Commerce Dept.
Moving the U.S. Postal Service into the Commerce Department, should it take place, would happen through an executive action, source say.CBS News - Feb. 21 -
Postal Service braces for potential takeover by Trump's Commerce Department
President Donald Trump said Friday that his new commerce secretary, Howard Lutnick, “will be looking” at the U.S. Postal Service.NBC News - Feb. 22 -
250,000 people 'waiting in line' for $5M Trump 'gold card’: Commerce secretary
Commerce Secretary Howard Lutnick said on Wednesday that 250,000 are waiting to get one of President Trump’s so-called “gold cards,” which the president pitched as a replacement for the EB5 ...The Hill - 6d -
Trump Mexico, Canada tariffs a ‘fluid situation’: Commerce secretary
Commerce Secretary Howard Lutnick said the tariffs on Mexico and Canada expected to be leveled this week are a “fluid situation.” Lutnick joined Fox News’s “Sunday Morning Futures,” where he ...The Hill - 2d -
Trump tariffs part of ‘drug war,’ not ‘trade war’: Commerce secretary
Commerce Secretary Howard Lutnick said President Trump’s tariffs on other countries are part of a “drug war,” not a “trade war.” Lutnick joined CNBC on Tuesday, just hours after Trump’s 25 percent ...The Hill - 1d -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21 -
Gene Hackman and wife Betsy Arakawa tested negative for carbon monoxide, officials say
Gene Hackman and his wife, Betsy Arakawa, tested negative for carbon monoxide poisoning officials said Friday as they continue to investigate what caused the couple's deaths.NBC News - 5d -
Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Initial filings for unemployment benefits hit their highest level of the year last week.CNBC - 6d -
Latest reactions to Trump's address to Congress
President Trump addressed both chambers of Congress and touted his latest accomplishments as his second term gets underway. CBS News' Fin Gomez has more on the response from Democrats, and Taurean ...CBS News - 19h -
Rubio on Trump's Ukraine rhetoric: 'Joe Biden had frustrations with Zelensky'
Secretary of State Marco Rubio defended President Trump's frustration with Ukrainian President Volodymyr Zelensky amid ongoing peace negotiations involving their war with Russia and shared that the ...The Hill - Feb. 21 -
In foreign policy, Trump needs to be more like Reagan, less like Biden
The Biden administration's reluctance to take action against Russia in Ukraine has been criticized, while Trump's new Defense Secretary Pete Hegseth has made similar rookie mistakes, potentially ...The Hill - Feb. 22 -
Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Some states have paused their Home Energy Rebate programs, created by the Inflation Reduction Act, amid a federal funding freeze.CNBC - Feb. 26 -
How Trump and Biden Pursued Critical Minerals in Ukraine, Greenland and Other Countries
China dominates in critical minerals, and President Trump has turned to high-pressure tactics to acquire them.The New York Times - Feb. 26 -
GOP chairmen invite Hunter Biden IRS whistleblowers to Trump speech
The House GOP leaders responsible for launching an impeachment investigation into former President Biden have invited two key witnesses as their guests for President Trump’s address to Congress. ...The Hill - 1d -
Biden and Trump pardons come under scrutiny, renewing calls for reform
The back-to-back presidential clemencies by Biden and Trump leaned on politics, drawing intensive scrutiny of the process and its potential for abuse.NBC News - 1d -
Fact-checking Trump's claims on inflation, Biden's electric vehicle policy
President Trump made claims during his address to Congress about the history of U.S. inflation and about the electric vehicle policy under former President Joe Biden. CBS News' Rhona Tarrant has more.CBS News - 16h -
Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?
Intel is viewed as “being left on the side of the road” by the Trump administration.MarketWatch - 11h -
People should consider energy bill fix, regulator says
Households should consider a fixed tariff, Ofgem says, as it announces another rise in the energy price cap.BBC News - Feb. 25 -
Instagram Reels flooded with violent videos before Meta says it fixed error
Users complained of ‘not safe for work’ videos in feeds despite some having enabled setting to filter such content. Meta Platforms said on Thursday it had resolved an error that flooded the ...The Guardian - 6d -
Lloyds Bank says app issues fixed after payday IT issue
Technical issues have affected UK banking app users on payday for the second-month running in 2025.BBC News - 6d -
Trump's tariffs risk economic turbulence - and voter backlash
Trump is making a high-stakes bet that could either reap major political dividends, or seriously undercut his second term.BBC News - 2d -
The economic costs of Trump’s assault on the global order
America is trying to undo the very system of open trade that it createdFinancial Times - 1d -
Trump outlines his economic plans to Congress
In his address to Congress on Tuesday night, President Trump outlined his vision for reducing inflation and boosting the American economy. The president made his case for tariffs on U.S. allies, ...CBS News - 1d -
The average IRS tax refund is more than 32% lower so far this season, early filing data shows. Here's why
The average IRS tax refund is more than 32% lower so far this season, according to early filing data. Here's what to know.CNBC - Feb. 26 -
Bessent says US-Ukraine deal has 'implicit' economic security guarantee
Treasury Secretary Scott Bessent said a U.S.-Ukraine deal featuring “strategic minerals, energy and state-owned enterprises” has an “implicit” economic security guarantee. “This deal is part of ...The Hill - Feb. 23 -
Ad giant WPP says economic uncertainty is building. Its stock is sliding.
WPP, the world’s largest advertising company, saw its shares plunge on Wednesday after it forecast that sales may drop this year.MarketWatch - 6d -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - Feb. 23 -
Apple promises to fix dictation bug that replaces ‘racist’ with ‘Trump’
Glitch comes as iPhone maker seeks to shore up its relationship with the US presidentFinancial Times - Feb. 26 -
Apple to fix iPhone dictation bug that replaces word ‘racist’ with ‘Trump’
Tech company blames ‘phonetic overlap’ for problem where US president’s name appears. Apple has promised to fix a bug in its iPhone automatic dictation tool after some users reported it had ...The Guardian - Feb. 26 -
Apple to fix dictation glitch that suggests replacing the word 'racist' with 'Trump'
Apple says it’s fixing a bug with its dictation feature on some iPhones that briefly suggests the word “Trump” when a word with an R consonant is spoken, including “racist.”ABC News - Feb. 26 -
Apple to Fix iPhone Dictation Glitch That Suggests Replacing the Word ‘Racist’ With ‘Trump’
The company is responding to the controversy after some iPhone owners posted videos this week detailing how the glitch works.Inc. - Feb. 26 -
Chiefs to franchise tag guard Smith, source says
The Chiefs have informed Pro Bowl guard Trey Smith that he will use the franchise tag on him, a source told ESPN's Adam Schefter on Thursday.ESPN - 6d -
Kelce says he will play for Chiefs next season
Three-time Super Bowl winner Travis Kelce says he will continue playing for the Kansas City Chiefs in the 2025 season.BBC News - 22h -
Latest news on Trump administration's mass layoffs
Thousands of Americans who worked as federal employees are out of a job and more cuts are coming after a federal judge allowed the Trump administration's mass layoffs plan to continue. CBS News' ...CBS News - Feb. 21 -
Trump administration backtracks from latest Musk storm
The Trump administration on Monday appeared to be quickly retreating from Elon Musk's demand that all federal workers send an email by the end of the day highlighting their achievements or resign. ...The Hill - Feb. 24 -
Latest news on legal rulings against Trump administration
The Trump administration was dealt several legal blows in cases involving USAID, federal grants and the refugee programs targeted by the president. CBS News' Katrina Kaufman reports.CBS News - Feb. 26 -
Latest news on Trump's alarming EPA cuts remarks
The White House says President Trump mispoke when he alluded to deep staff cuts at the Environmental Protection Agency. This comes as a new budget plan passed in the House and fears remain about ...CBS News - 6d -
Latest news on Trump administration undocumented immigrant registry
The Trump administration is planning a registry for undocumented immigrants and is threatening those who fail to register with jail time and fines. CBS News' Camilo Montoya-Galvez reports.CBS News - 5d -
'It's the beginning': Kremlin plays it cool ahead of more U.S. talks, says Biden 'messed things up badly'
The Kremlin is keen to play it cool as efforts continue to restore bilateral relations that it said were badly damaged during the previous Biden administration.CNBC - Feb. 25