Latest in Inflation Nightmare Impacting
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HP Inc. was proactive about the impact of tariffs, and it may be paying off
HP Inc. has been proactive in dealing with the potential impact from looming tariffs on goods manufactured in China, including an ongoing shift of its manufacturing operations and purchasing more ...MarketWatch - 6d -
Breaking down the impact of Trump, Zelenskyy clashing at the White House
President Trump's heated meeting with President Volodymyr Zelenskyy is bound to impact the efforts to end the Ukraine-Russia war. Jonathan Wachtel, the former director of communications and senior ...CBS News - 5d -
How will Ukraine's security be impacted by failed Trump-Zelenskyy meeting?
World leaders have vowed to stand by Ukraine after Friday's heated exchange at the White House. CBS News national security contributor Samantha Vinograd explains what today's meeting means for ...CBS News - 5d -
How U.S. tariffs on Mexico, Canada could impact American consumers
The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch ...CBS News - 2d -
How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada
President Trump’s plan to apply 25 percent tariffs on Canadian exports is set to start on Tuesday. They would deal a brutal blow to Canada’s economy.The New York Times - 3d -
Could cuts at the Education Department impact student access to funding?
Employees at the Department of Education were offered a one-time payment of up to $25,000 if they quit before a deadline Monday, according to a government email. This comes as concerns emerge about ...CBS News - 2d -
Ex-USAID worker talks about emotional toll of firings, impact on family
President Trump is giving the heads of federal agencies until next week to submit plans for eliminating more government jobs. The thousands being cut in the mass firing are much more than numbers ...CBS News - 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 -
NFL free agency 2025: Biggest moves that could impact remainder of the offseason
The ripple effect of these early moves could reshape the NFL in 2025CBS Sports - 1d -
Oceanographers study the impact of toxic ash from the L.A. wildfires
By coincidence, a Scripps Institute of Oceanography research ship pulled up to Los Angeles as the deadly wildfires were burning thousands of homes, incinerating plastic, paint, asbestos and car ...CBS News - 1d -
Campbell’s joins list of consumer companies baffled over specific tariff impacts
Campbell’s said it’s currently too difficult to estimate how tariffs will affect prices and sales.MarketWatch - 23h -
Business owner worries over impact of President Trump's new tariffs
Following President Trump's new tariffs against Mexico, Canada and China, some companies, like Best Buy and Target, say price hikes are expected. The head of a Canadian company who supplies molds ...CBS News - 22h -
Fears DOGE cuts could impact housing assistance programs
With expected staffing and budget cuts looming at the Department of Housing and Urban Development, there are fears some housing assistance programs could lose funding. In Kansas City, officials ...NBC News - 13h -
Toxic ash from L.A. wildfires could impact fish, marine life
After the deadly Los Angeles area wildfires, there's growing concern about the nearby marine ecosystems. The ash and runoff from the fires settled over the Pacific Ocean for up to 100 miles. CBS ...CBS News - 10h -
Jobs lost and lifesaving cures not discovered: Possible impacts of research cuts
Ripple effects of the Trump administration's crackdown on U.S. medical research promise to reach every corner of AmericaABC News - 1h -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
Most say health care costs, inflation biggest issue facing Americans: Pew
A new survey from Pew Research Center has found that most Americans think inflation, health care cost, and the federal budget deficit are major issues confronting the nation. Of those polled, 45 ...The Hill - Feb. 21 -
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 -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - Feb. 27 -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - 6d -
Most Americans say income is not keeping up with inflation, CBS News poll finds
Most Americans believe their incomes aren't keeping pace with inflation, according to a new CBS News poll. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.CBS News - 6d -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 6d -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 3d -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 2d -
Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem
The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto Musalem said Monday.CNBC - 2d -
Trump's Mexico, Canada tariffs are 'clearly' going to cause inflation, says shipping giant Maersk
There will 'clearly' be an inflationary impact from President Trump's tariffs on Mexico, Canada and China, according to shipping giant Maersk.CNBC - 1d -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 22h -
Weakening UK demand could help bear down on inflation, says BoE governor
Andrew Bailey plays down risks of self-reinforcing acceleration in price growthFinancial Times - 19h -
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low
Borrowing costs reduced for third month running after price rises ease to below 40 per cent for first time since June 2023Financial Times - 19m -
‘The impact has been devastating’: how USAid freeze sent shockwaves through Ethiopia
Ethiopia was the largest recipient of US aid assistance in sub-Saharan Africa before Donald Trump froze funding last month. From food and health to support for refugees and sexual abuse survivors, ...The Guardian - Feb. 21 -
Delayed flights, NFL advice and epic rants: How traveling in expanded conferences is impacting teams
College basketball coaches in the ACC, Big Ten and Big 12 are dealing with cross-country travel following conference realignmentCBS Sports - Feb. 21 -
Three ripple effects of Victor Wembanyama injury: How season-ending diagnosis impacts Spurs, DPOY race, more
Wembanyama's injury changes quite a bit for the Spurs and the rest of the leagueCBS Sports - Feb. 21 -
Mental health agency loses 1 in 10 to DOGE cuts, 988 hotline team impacted
Around 100 were fired from the Substance Abuse and Mental Health Services Administration.CBS News - Feb. 21 -
Here's how IRS layoffs could impact your tax filing and refund this season
Thousands of IRS employees are expected to lose their jobs as Elon Musk's Department of Government Efficiency, or DOGE, continues cuts to federal spending.CNBC - Feb. 21 -
10 Yankees players who were most impacted by team's facial hair policy: Johnny Damon, Randy Johnson, more
With the Yankees lifting their ban on beards, we're looking at 10 notable players who were forced to shaveCBS Sports - Feb. 21 -
FDA says Ozempic, Wegovy are not in short supply anymore, which could impact prices
The U.S. Food and Drug Administration said Ozempic and Wegovy, the popular GLP-1 drugs for diabetes and weight loss, are no longer in short supply. CBS News New York reporter Ali Bauman reports on ...CBS News - Feb. 22