Latest in Bubble U.s Inflation
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Whooping cough cases hit record highs across the U.S.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the alarming rise in whooping cough cases.CBS News - Dec. 4 -
China bans export of key minerals to U.S. as trade row deepens
As China responds to the latest U.S. measures by banning the export of several key minerals, one analyst warns of "a trade war that has no winners."CBS News - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
U.S. slams China for hitting Philippine vessels with water cannons
China put "lives at risk" with the "unlawful use of water cannons" against Philippine vessels in the South China Sea, the U.S. ambassador in Manila says.CBS News - Dec. 4 -
Hundreds killed in Mexican city since cartel leaders' arrest in U.S.
The war between the cartel's "Mayos" and "Chapitos" has left more than 400 people dead and hundreds missing, according to the state prosecutor's office.CBS News - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Martial Law in South Korea Tests Biden and a Key U.S. Alliance
The Biden administration has hailed South Korea as a model democracy and bolstered military ties as it relies on the country as a bulwark against North Korea, China and Russia.The New York Times - Dec. 4 -
Chinese man in U.S. charged with sending weapons to North Korea
A Chinese man living in the U.S. illegally was arrested Tuesday and accused of exporting guns and ammunition to North Korea and of planning to send other technology to the nuclear-armed pariah state.NBC News - Dec. 4 -
U.S. distances itself from Syrian civil war resurgence
Syria's government forces are fighting to gain back control of Aleppo after an Islamist rebel group seized the city last week. CBS News Pentagon reporter Eleanor Watson has the latest.CBS News - Dec. 3 -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - Dec. 3 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
Quebec sees spike in irregular crossings to U.S., public security minister says
Quebec Public Security Minister François Bonnardel said on Tuesday that the number of irregular crossings from Canada to the U.S. has jumped significantly in the last three years.Bonnardel met on ...Yahoo Sports - Dec. 3 -
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, DataTrek Research found.MarketWatch - Dec. 3 -
High snow totals for U.S. as another system moves East
A break from the snow in the Northeast may come to a close as another weather system threatens parts of the U.S. CBS News' Rob Marciano looks at the weather impact.CBS News - Dec. 3 -
Alleged North Korea operative uncovered in the U.S.
The Department of Justice has charged a Chinese national for working as a North Korean operative to ship guns and ammunition from the U.S. for a potential attack against South Korea. CBS News' Rob ...CBS News - Dec. 3 -
U.S. charges Chinese national for exporting guns and ammo to North Korea
A Chinese national living in California is accused of exporting guns and ammunition to North Korea at the direction of North Korean agents.CBS News - Dec. 3 -
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.CBS News - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
China bans exports to U.S. of some materials for electronics manufacturing
China has banned exports to the U.S. of some materials essential to the manufacturing of electronics and some military equipment. It comes in response to Washington's chip sanctions on Beijing. CBS ...CBS News - Dec. 3 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
Is the Stock Market Bubble About to Pop?
Investor euphoria is soaring, but strategists remain hesitant to call it too frothy.Inc. - Dec. 3 -
Trump's Threat Over an Imaginary Currency Risks Backfiring on the U.S. Dollar
After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.The Wall Street Journal - Dec. 3 -
Biden delivers remarks on the relationship between Angola and the U.S.
Watch live coverage as President Biden delivers remarks to honor the past and future of the relationship between the United States and Angola during his trip to Africa.NBC News - Dec. 3 -
Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel
While he made similar statements on the 2024 campaign trail, it was the first time that Trump had spoken about the deal since he won a second presidential term last month.CNBC - Dec. 3 -
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump said he is "totally against" Japan's Nippon Steel buying U.S. Steel.CBS News - Dec. 3 -
Missing U.S. climbers' gear found on New Zealand's highest peak
Silverton Avalanche School in Colorado said it had been notified that the climbers "appear to have taken a fatal fall from high upon the peak."CBS News - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
Trump Says He Will Block Nippon Steel’s Acquisition of U.S. Steel
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.The New York Times - Dec. 3 -
Three climbers from the U.S. and Canada are missing on New Zealand’s tallest peak
Three mountain climbers from the U.S. and Canada are missing after they did not return from their planned summit of New Zealand’s tallest mountain, Aoraki.NBC News - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3 -
U.S. Sending $725 Million in Arms to Ukraine, Including More Land Mines
The package, the largest since April, comes amid deep concerns in Ukraine that the Trump administration may cut off aid. The president-elect has vowed to end the war quickly, but has not said how.The New York Times - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Which College Football Teams Are on the Playoff Bubble?
Alabama is in danger of missing out on a 12-team playoff in its first season since Nick Saban’s retirement.The New York Times - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Biden makes history as the first U.S. president to visit Angola
President Joe Biden will make history Monday as he becomes the first ever American head-of-state to visit the west-African nation of Angola.NBC News - Dec. 2
