Latest in Cooling U.s Inflation
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Why you should open a $5,000 long-term CD now that inflation's falling again
Inflation fell in February for the first time since September. Here's why a $5,000 long-term CD could be worth opening now.CBS News - 18h -
S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares
The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares.NBC News - 13h -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 1d -
Europe and Canada retaliate against Trump’s steel and aluminum tariffs
President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping ...NBC News - 10h -
Starmer will not impose immediate UK counter-tariffs to US steel levies
PM to take a ‘cool-headed’ approach as he tries to steer clear of transatlantic trade warFinancial Times - 1d -
MLB The Show 25 Adds Baseball Legends Ted Williams, James “Cool Papa” Bell, And More
It's a tradition for MLB The Show to add baseball legends to the game, and this year's title is no exception. Sony and San Diego Studio have unveiled some of the biggest names heading to MLB The ...GameSpot - 1d -
i-D Magazine Gets a New Life Just as Cool as Its Old Life
The art and fashion worlds convened at Rick Owens’s austere Left Bank house to celebrate the relaunch of Karlie Kloss’s i-D magazine.The New York Times - 18h -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - 5d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 2d -
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...CBS News - 2d -
Abrdn’s Rebrand Reversal and a History of Corporate Missteps
A British investment firm restored most of the vowels to its name after a widely ridiculed revamp that showed the pitfalls of trying to look cool in the digital age.The New York Times - 5d -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - 2d -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - 1d -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - 4d -
China rolls out retaliatory tariffs on U.S. agricultural goods
China rolls out retaliatory tariffs on U.S. agricultural goodsNBC News - 2d -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - 2d -
Behind Trump's latest comments on a U.S. recession
President Trump seems confident that his tariffs will reap great rewards for the U.S., but he is not ruling out the possibility of a recession. CBS News' Weijia Jiang reports.CBS News - 2d -
China says it’s willing to cooperate with the U.S. on fentanyl
China is willing to do more to address U.S. concerns about illicit fentanyl trade, an official from the Ministry of Foreign Affairs told reporters Wednesday.CNBC - 21h -
Accused drug trafficker wanted in U.S. is captured in Mexico
One of Guatemala's most wanted drug traffickers, Aler Baldomero Samayoa Recinos, was captured in Mexico and awaits extradition to the U.S., officials said.CBS News - 16h -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - 4d -
China's consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.CNBC - 4d -
Inflation and tariffs might scare shoppers. Have they scared CEOs?
Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.MarketWatch - 3d -
Investing in gold bars vs. silver bars: Which is better during inflation?
If you're trying to decide between these two precious metal assets, experts say one choice is the clear winner.CBS News - 2d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 1d -
Lagarde says ‘impossible’ for ECB to always guarantee 2% inflation
Potential price pressure from trade war and debt-fuelled borrowing add to uncertainty, warns central bank presidentFinancial Times - 22h -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 19h -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - 18h -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - 13h -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 3d -
Breaking down the U.S.-Ukraine peace talks
U.S. and Ukrainian officials are set to hold talks this week in Saudi Arabia about ending the war between Ukraine and Russia. CBS News senior foreign correspondent Holly Williams reports on the ...CBS News - 2d -
Trade partners impose new tariffs on U.S.
Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...NBC News - 2d -
U.S., Ukrainian officials begin talks in Saudi Arabia
U.S. and Ukrainian officials have started high-level, face-to-face talks in Saudi Arabia aimed at bringing an end to the war between Ukraine and Russia. CBS News senior foreign correspondent Holly ...CBS News - 1d -
Thousands of Afghans approved for travel after helping the U.S. are stuck in limbo
Thousands of Afghans who helped the U.S. military have been blocked from reaching American soil, including families separated from their loved ones who made it to the U.S. Margaret Brennan has the ...CBS News - 9h -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Russian strikes Ukraine as U.S. pauses sharing intelligence with Kyiv
Without U.S. satellite imagery, Ukraine's ability to strike inside Russia and defend itself from bombardment is significantly diminished.CBS News - 4d -
What's behind Trump offering White South African farmers U.S. citizenship?
Trump says he'll offer White South African farmers "safe refuge" as U.S. citizens, but do they actually want it?CBS News - 2d -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - 2d -
In a big step for Syria, U.S.-backed Kurdish forces will merge with government army
The Kurdish-led coalition that with U.S. troops fought Islamic State, will integrate with the Syrian government forces previously affiliated with Al Qaeda.NBC News - 1d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 1d -
Person of interest identified by U.S. investigators in search for missing Pittsburgh student
A person of interest has been identified in the weeklong search for missing University of Pittsburgh student Sudiksha Konanki, according to U.S. authorities.NBC News - 21h