Canadian aircraft maker Bombardier is an emblem of the intricate economic relationship between the U.S. and its northern neighbor, and a prime example of how the countries’ escalating trade feud can ensnare employers with thousands of workers on both sides of the border. On Truth Social, Mr. Trump threatened on Monday to block the Montreal-based…
At least 20 generals, admirals and civilian defense leaders have been fired or have departed their jobs since Pete Hegseth became defense secretary at the beginning of the second Trump administration. Some of the military’s most decorated leaders have either been fired by Hegseth and President Trump or have retired with little explanation, including the…
The Trump administration’s plan to take a stake in tens of billions of barrels of Venezuelan oil reserves will hinge on a private company called North American Blue Energy Partners, the White House announced Monday, offering more details on the agreement. Under the deal, the Venezuelan government granted 100-year concessions to NABEP to drill in…
Index investing pioneer David Booth has a simple message for people navigating volatile financial markets: Stay calm and keep investing. Booth, a billionaire several times over whose Dimensional Fund Advisors manages $1 trillion, expands on that advice in a new book, “Stay Calm: Learn to Embrace Uncertainty in Investing and Life,” scheduled for publication on Sept….
On a 2-acre property in Mississippi, 52-year-old Krystal Polk’s family lived off the land for generations, raising chickens and pigs, growing onions and herbs and trading their peaches for pears. The land, on the border with Tennessee in the city of Southaven, was her family’s survival, Polk said. “We lived a very simplistic life,” she…
Redfin and Zillow must amend a commercial agreement the real estate firms struck last year because it weakened competition in the home rental market and harmed consumers, federal regulators said on Monday. The settlement, announced Monday by the Federal Trade Commission, resolves an antitrust lawsuit the agency filed last year. The FTC alleged that Zillow paid…
Beijing — How long before China is ready to deploy humanoid robot soldiers? That question is on the minds of many of the humans gathered in Beijing right now to watch the World Humanoid Robot Games, and as smashed records highlight the dizzying pace of advancement, one developer tells CBS News the answer is likely…
Walmart said it is using billions of dollars in tariff revenue to lower prices as the company moves to appeal to consumers experiencing an affordability pinch due to higher inflation. The Arkansas-based retailer, which reported its earnings on Thursday, has received “substantially all” of the $2.9 billion in tariff refunds it was eligible for, executive…
Washington — GOP Sen. Dan Sullivan and former Democratic Rep. Mary Peltola are among those advancing to the general election in November in Alaska’s Senate race, CBS News projects, as Sullivan defends his seat in a race that could be key to determining control of the chamber next year. Though Alaska hasn’t elected a Democrat…
Washington — The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual…
