Latest in Official Economic
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Los Angeles fire official on the challenges crews are facing
Los Angeles Fire Capt. Erik Scott spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell Wednesday about how firefighters are faring in their battle against multiple wind-driven ...CBS News - Jan. 8 -
Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - Jan. 8 -
Los Angeles fire official on multiple wildfires burning
Capt. Sheila Kelliher of the Los Angeles County Fire Department joins "CBS Mornings" to talk about the latest in battling multiple wildfires in the area.CBS News - Jan. 8 -
Dwarf Fortress' Adventure Mode Officially Launches This Month
For the better part of two decades, Dwarf Fortress has been the passion project of brothers Tarn and Zach Adams. Although the acclaimed fantasy simulation game has technically remained in ...GameSpot - Jan. 8 -
Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York Times - Jan. 8 -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - Jan. 8 -
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada. Donald Trump is mulling over the idea to declare a national economic emergency to ...The Guardian - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
LA official on California wildfires: This is a public safety emergency
Los Angeles councilmember, Traci Park, who represents one of the areas under siege from the intense wildfires, joins TODAY to share an update and break down what people should know about the ...NBC News - Jan. 8 -
LAFD firefighter and multiple civilians injured, official says
A Los Angeles Fire Department firefighter was injured and taken to the hospital for a serious head injury, according to LAFD official Margaret Stewart. There have also been multiple civilian burn ...NBC News - Jan. 8 -
Trump says he would use "economic force" to acquire Canada, but does not specify how
One day after Congress certified the 2024 election, and less than two weeks from his inauguration, President-elect Donald Trump addressed reporters on Tuesday in a wide-ranging 75-minute news ...CBS News - Jan. 7 -
Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - Jan. 7 -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - Jan. 7 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
An economically dynamic India is Manmohan Singh’s greatest legacy
He drove radical reform of an anti-market policy regime that was strangling growthFinancial Times - Jan. 7 -
UK officials recommend probe into Houchen’s Teesworks project
Regeneration scheme should be investigated over value-for-money concerns, deputy prime minister Angela Rayner toldFinancial Times - Jan. 7 -
Horizon Zero Dawn And Helldivers Movies Are Officially In Development
At CES 2025, Sony officially announced that feature film adaptations of Horizon Zero Dawn and Helldivers are currently in development. For the Horizon film, Sony's Columbia Pictures company will ...GameSpot - Jan. 7 -
Milei’s next economic mission: affordable air fryers
Libertarian leader scraps tariffs to break open Argentina’s protectionist economy, unnerving domestic industryFinancial Times - Jan. 7 -
Trudeau resigns as inflation and other economic woes keep toppling leaders around the world
The move by Canadian Prime Minister Justin Trudeau is a fresh sign of how inflation and other economic headwinds have hammered incumbent parties around the world in the past 12 months.MarketWatch - Jan. 6 -
Biden signs Social Security bill, says American retirees deserve 'economic security and dignity'
President Biden on Sunday signed a Social Security bill repealing two statutes that have diminished payouts to public sector workers including firefighters and teachers for years. “The bill I’m ...The Hill - Jan. 5 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
Trump announces additional senior White House officials
President-elect Trump has announced additional senior White House officials, further filling out his team ahead of his inauguration on Jan. 20. Trump picked Stanley Woodward to join the White ...The Hill - Jan. 5 -
Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.The New York Times - Jan. 4 -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - Jan. 4 -
Harris ribs Sanders during official Senate swearing-in
Vice President Harris gently ribbed Sen. Bernie Sanders (I-Vt.) during the official Senate swearing-in on Friday. "Stand right here. Although that is not your nature, to just stand where you're ...The Hill - Jan. 3 -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
Britain’s economic gloom is overdone
The government can tackle bad vibes with a positive vision for growthFinancial Times - Jan. 3 -
South Korean officials fail to detain impeached president
South Korean officials left the home of impeached President Yoon Suk Yeol without him after a near-six-hour standoff. Yuna Ku with BBC News, a CBS News partner, has more.CBS News - Jan. 3 -
Montenegro Shooting Kills 12, Including 2 Children, Officials Say
The authorities in the small Balkan country reported after a search that the gunman, whose rampage followed a bar fight, had been found dead.The New York Times - Jan. 2 -
It's Official: Boring Cities Are Bad for Your Health
Oppressive, unstimulating urban architecture isn’t just about eyesores; there’s evidence that it can cause actual harm to its residents. To fix this in 2025, we must start building for joy.Wired - Jan. 2 -
The Erdoğan whisperer behind Turkey’s economic pivot
Vice-president Cevdet Yılmaz has played a crucial backstage role managing the turn to financial orthodoxyFinancial Times - Jan. 2 -
Officials Trying to Determine if New Orleans Suspect Had Ties to Terrorist Groups
U.S. officials have warned that the conflict in Gaza and Lebanon could spill into the United States, most likely in the form of small radicalized groups acting on their own initiative or lone-wolf ...The New York Times - Jan. 2 -
Super Bowl official on New Orleans truck attack, security for game
Super Bowl LIX infrastructure and economic development coordinator Michael Hecht joined CBS News to discuss Wednesday morning's deadly truck attack in New Orleans and how it could affect the city's ...CBS News - Jan. 1 -
Officials provide update after car drives into crowd in New Orleans
Watch live coverage as law enforcement officials provide an update after a man drove into a crowd on New Orleans' Bourbon Street killing and wounding multiple people.NBC News - Jan. 1 -
Vehicle plowing into pedestrians in New Orleans was a deliberate act, officials say
Officials in New Orleans said at least 10 people were killed when a vehicle was deliberately driven into pedestrians celebrating New Year's Eve in Bourbon Street.NBC News - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1 -
Chief Justice Roberts condemns elected officials for intimidating judges
Chief Justice John Roberts condemned elected officials who have intimidated judges and defied court rulings, highlighting them in his year-end report Tuesday as part of what Roberts called ...The Hill - Dec. 31