Colombia’s new President Abelardo de la Espriella on Saturday called on President Trump to suspend tariffs currently targeting the South American nation, which is reeling after a deadly earthquake. U.S. tariffs on Colombian products rose from 10% to 12.5% in late July, with a few exceptions including coffee and oil. “I asked him to consider…
Candice Davis had been pleasantly surprised by the ease of her first pregnancy. Her checkups were always clear, and she had few symptoms — until June 14, 2025, 11 days before her due date. The day started normally, but as the hours passed, Davis began to feel nauseous while sitting by her pool. Eventually, it…
When a heat dome descended on Minnesota in mid-July, Duluth-based Canal Park Brewing Company had its air conditioning blasting. Then it cut out. Faced with sweltering conditions, the business was forced to close for the day and halt outdoor patio service for three days to protect its servers from the soaring mercury. “Where we are…
Taking weight-loss drugs could help unemployed women get a job, according to new research. Unemployed women taking GLP-1 medications to lose weight saw a 27 percentage-point increase in employment after 18 months of use, compared with women who want to use the drugs but haven’t done so, Harvard economist Rebecca Diamond said in a recent paper published…
Inflation eased for the second consecutive month, rising at a 3.4% annual pace in July, in line with economists’ expectations and a signal that some price pressures may be easing. By the numbers Economists polled by the financial data firm FactSet predicted July inflation rose at an annual rate of 3.4%. Oil prices surged in…
Lt. Gov. Peggy Flanagan on Tuesday captured the Democratic nomination for Senate in the Minnesota primary election, CBS News projects. It was the latest victory for a progressive over the party’s moderate wing. Flanagan was endorsed by the Minnesota Democratic-Farmer-Labor Party (DFL Party) at its state convention in May and took on Rep. Angie Craig in the…
A so-called flesh-eating bacterium that thrives in warm seawater has killed at least seven people this year along the Gulf Coast, officials said. Two people in Florida and five in Louisiana have died from vibrio vulnificus, which lurks in warm coastal waters and can enter the body through open wounds or from eating raw shellfish….
What a difference a day can make for monetary policy. On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…
The U.S. economy unexpectedly shed 23,000 jobs in July, undershooting economists’ expectations and signaling the job market may be slowing. By the numbers Economists polled by FactSet forecast employers added 95,000 jobs in July. The unemployment rate in July stood at 4.1%, down from 4.2% in June. The Labor Department also revised down the May…
Treasury Secretary Scott Bessent says the Trump administration is moving quickly to crack down on criminal enterprises, cartels and undocumented immigrants using the U.S. financial system for their payroll schemes, illicit financing and other fraud. In remarks to Arizona bankers Thursday, Bessent said, “This administration will not tolerate blatant abuse of our financial system, nor…
