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What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly ...CBS News - 2d -
Wholesale prices flat in February PPI report; Trump threatens 200% tariffs on alcohol from EU
The Producer Price Index was flat in February, showing a yearly increase of 3.2%, below economist expectations. CBS News MoneyWatch correspondent Kelly O'Grady has more on the report and President ...CBS News - 1d -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1d -
U.S. business owners respond to tariff war
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. ...CBS News - 1d -
New data shows major drop in U.S. consumer sentiment
A new University of Michigan survey shows consumer sentiment in the U.S. has dropped significantly amid uncertainty about the economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.CBS News - 22h -
Dow falls almost 900 points as Trump declines to rule out possible recession
CNBC Senior Markets Correspondent Bob Pisani reports from the New York Stock Exchange on the market sell-off. NBC News Correspondents Kelly O’Donnell, Brian Cheung and Jay Gray discuss the fears ...NBC News - 4d -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 3d -
Department of Education workforce slashed in half
The Department of Education says more than 2,100 civil service workers will lose their jobs. The department says all of its divisions are impacted by the reduction. NBC News’ Kelly O’Donnell ...NBC News - 3d -
Unpacking February's slight inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent ...CBS News - 2d -
Trump vows he's 'not going to bend at all’ on tariffs despite stock market corrections
CNBC Senior Economics Reporter Steve Liesman and NBC News Senior White House Correspondent Kelly O’Donnell join Meet the Press NOW to report on President Trump’s tariff policy and comments in the ...NBC News - 1d