#economy

If you don’t know what strangulation looks like: The face is frozen in a swollen, desperate gasp. Eyes are bugged out of the skull. Face is puffed up.

Venezuelan interim president says the unusual agreement will help revive her country's economy.

The costs go way beyond gas. Delivery fees are up and diapers, baby wipes, and stuffed animals are likely next.

Federal Reserve Chair Kevin Warsh will deliver a pivotal speech Friday at the central bank’s annual economic symposium in Jackson Hole, Wyo. The remarks come as the Fed grapples with persiste…...

President Trump signed an executive order to change the name of Lake Ontario to Lake America to provoke Canadian leaders. Meanwhile, the new Fed chair says inflation continues to be a problem.

President Trump’s tariffs aren’t popular, but he’s found a way to make them even less so.

“We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed,” Warsh said. “Otherwise, we have work to do.”...

“We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed,” Warsh said. “Otherwise, we have work to do.”...

Our Canada bureau chief tells us how the countries got into a trade war and how people north of the border are experiencing the rift.

A lawyer for Fed governor Lisa Cook said her mortgage documents provide no legal basis for Trump to remove her.

NPR's Steve Inskeep speaks with Democractic Congresswoman Debbie Dingell of Michigan about the trade war between the U.S. and Canada.

US officials on Wednesday exposed a major alleged Chinese cyber-espionage campaign they say has compromised numerous federal agencies including NASA, the Federal Reserve, the departments of Justice and Energy and the US Senate.

Canadian government officials said they are also providing aid for workers and businesses that could be hurt by U.S.-imposed tariffs.

Our country’s close friendship with its resource-rich and strategically located northern neighbor is going to take a long time to repair.

Tired of the president's coercive tactics, the Canadian prime minister puts his country's economy on the line...

This completely unnecessary showdown was brought to you by an incompetent Supreme Court.

What leverage does Canada, which sells about 70% of its goods to the US, actually have in this spiralling trade dispute?

"This is Donald Trump's economy right now, and he's about to make everything so much worse," the Michigan Senate candidate said.

An alternative measure of unemployment that accounts for wages suggests the U.S. labor market is weaker than it looks.

Canada is one of our closest allies and largest trading partners. Why is Trump so willing to blow up that relationship over tariffs?

U.S. tariffs on all cars and trucks, automotive parts and steel will be increased to 50% starting January 1, 2027, Trump said in a social post on Monday.

President Trump announced Friday the U.S. will try to lower beef prices by temporarily waiving tariffs on ground beef imports.

Human rights experts have said that the U.S. attempts to squeeze Cuba’s economy, including an oil blockade, have caused a severe humanitarian crisis.

Economists are finally coming to grips with the reality that President Trump’s tariff policies did not have the inflationary effects they predicted. | Economy...

While the economy remains unsteady, numbers released by the Federal Reserve on Tuesday show an upward trend in U.S. manufacturing.

The landmark number was reached in part because of lost revenue from invalidated tariffs.

President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.

President Donald Trump late Tuesday postponed his threat of a 50% tariff on a wide range of Canadian goods that was set to take effect at midnight and would have affected roughly $20 billion worth of imports.

US president delays 50% tariffs by three days, and says contentious oil project ‘may be awoken from the grave’...

A shooting at a U.S. Consulate has thrust a neighborhood with a troubled past into the center of an emerging criminal phenomenon: young guns for hire as gig workers in the underworld economy.

Meanwhile, U.S. oil reserves hit a new low as the economy teeters...

Iranian citizens are telling foreign media outlets that survival is growing difficult as the price of food and other basic commodities soars.

The initiative is meant to safeguard the foundation of the state's economy—and identity.

Americans think more young people in office would make politics better.

The Treasury has made the American economy a safe space for corruption.

The White House report identifies over 40 countries posing elevated transshipment risk as China routes goods through third nations to dodge tariffs.

According to a report, foreign countries are transshipping as much as $75 billion in goods to the U.S. each year to evade tariffs.

A $20 meal became a right-wing media feud, exposing a party's broken promises...

The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.

Voters right now broadly disapprove of the economy, Trump and, increasingly, Republicans in Congress.

President Donald Trump’s political stature is so poor right now that he has squandered the Republican Party’s typical advantage on both the economy and national security.

The divide between the neo-conservative Republican establishment and insurgent populist right became even wider this week … over burritos.

Plus, an appeals court halts construction on the White House ballroom and NYC homeowners sue over the pied-à-terre tax rollout.

Justice Samuel Alito, one of the Supreme Court’s staunchest conservatives, does not plan to retire before the court finishes its upcoming session, he said in an interview with The Wall Street Journal published Friday.

A judge has denied Trump's latest bid to depose Rupert Murdoch in a defamation lawsuit over a Wall Street Journal article.

Payrolls across the American economy contracted by 23,000 jobs in July and the unemployment rate ticked down to 4.1 percent. The public sector's payrolls fell sharply, and the services sector hiring was soft, with a large contraction in retail and leisure. The goods-producing side of the economy, ho...

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer...

Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.

The states argued that Trump was trying to use a different legal authority to resurrect a policy the Supreme Court struck down.

By selling early access to his posts on Truth Social, Trump is selling the ability to move markets to anyone willing to pay the price.

The proposed policy would particularly affect Silicon Valley, Wall Street and universities.

As the perceived disparity between incomes and inflation continues to grow, new CBS News polling shows many Americans don't feel relief coming from Republicans or Democrats. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.

While the US tariffs imposed on the UK are effectively unchanged, other countries now have a better deal.

California, Oregon and Washington have some of the highest unemployment rates in the nation, as AI reshapes the West Coast’s dominant tech industry by sharply slowing hiring in that sector.

President Trump’s newly announced tariffs could put Republican candidates at risk going into the midterms as Democrats seek to go on the offensive over the economic impact of Trump’s trade agenda.&…...

Tariffs ranging from 10%-12.5%, taking effect on Friday, are US president’s latest effort to circumvent Congress...

New tariffs will replace 10% global duty and come after US supreme court declared many of the earlier levies illegal...

Measures effectively replace a blanket 10% tariff that Donald Trump imposed in February but were ruled illegal by US supreme court...

The administration announced new duties tied to countries’ imports of goods made with forced labor, replacing a global 10 percent tariff set to expire at midnight.

The administration will use an untested legal provision to put significant duties on Canadian exports, reigniting a clash with one of America’s biggest trading partners.

President Donald Trump threatened to increase tariffs or to make the country pay damages after speaking with Canadian Prime Minister Mark Carney.

Wildfire smoke from Canada sparks tariff threats as the president targets pollution crossing into the U.S.

Russians have been hit by mobile internet shutdowns and more businesses are seeking to dodge tax after more than four years of war with Ukraine.

Canadian leader Mark Carney says both the US and Canada have an equal responsibility to fight climate change, which experts say are worsening wildfire conditions.

President Donald Trump called the smoke pollution from Canada's wildfires affecting the United States from the Great Lakes to the mid-Atlantic "totally unacceptable."...

The U.S. exports far more to Brazil than it imports, undercutting the Trump administration's stated rationale for imposing new tariffs.

Voters are split 50-50 on whether the economy is better under Trump than Biden, according to a new poll.

In his first testimony as the new chairman of the Federal Reserve, Kevin Warsh shared his views on a range of topics from artificial intelligence to immigration.

The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world's 10th-biggest economy.

When a superpower’s economy lags, hegemony becomes unsustainable.

Plus, Kevin Warsh says the Fed has ‘no tolerance’ for high inflation, and the most expensive dinosaur sells for $50.1 million...

Hundreds of economists urge immediate action to address AI's potential impact on the economy. In an open letter released Monday, they warn that AI could transform the economy and displace many jobs.

Government had been forced to pay back duties to companies that imported goods into the US that were hit by Trump’s tariffs...

A month on from the firm's stock market debut, the reality of how SpaceX currently makes money has seemed to come into clearer focus.

Major lenders are all in as Big Oil pivots toward plastics, pesticides, and other petrochemicals.

As AI disrupts traditional career paths, these college students are skipping corporate internships for San Francisco hacker houses and incubators.

The young men souring on Trump over Iran and Israel, Epstein, and the economy.

The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.