The U.S. was set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies. Canada’s leader countered that it would match the tariffs “dollar for dollar.” In a call with reporters late Friday, U.S. Trade…
The U.S. job market is less robust than it looks, according to a new analysis. The nation’s unemployment rate fell to 4.1% in July, well within the range economists consider healthy. Yet that measure, which reflects the percentage of people over the age of 16 who don’t have a job and who are looking for work,…
The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs. The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…
Washington — Florida state Rep. Angie Nixon, a democratic socialist candidate who pulled off an upset victory over a more moderate opponent to win the Democratic nomination in the Florida Senate race, said on Wednesday that “it’s not about labels.” “It’s not necessarily a socialist message or a progressive message,” Nixon said on “CBS Mornings.”…
Madonna, who has been nominated at the VMAs in every decade of her career, leads this year’s field with 11 nominations, including the top 3 prizes. The pop superstar has 19 competitive MTV VMA wins and, in 1986, became the first solo female artist to receive the Video Vanguard Award. She is up for 11…
Washington — The United States and Canada have wrangled for decades over trade, poking each other interminably over sore spots like Canadian softwood lumber imports and U.S. access to Canada’s protected dairy market. Somehow, the two neighbors still managed to remain friends, allies and trading partners. Canadian soldiers fought alongside Americans in Afghanistan after 9/11….
Count Binface may have come up short in the by-election against Nigel Farage, but don’t throw his popularity in the trash just yet. The candidate wearing a garbage can on his head just won over a quarter of the votes in a contest against one of Britain’s most famous politicians. The longtime satirical candidate had…
Some Americans can now possess short-barreled rifles, shotguns and silencers without registering them with the federal government, after the Trump administration declined to pause a Texas judge’s ruling issued earlier this month that deregulated those weapons. The Aug. 5 ruling by U.S. District Judge James Wesley Hendrix of the Northern District of Texas gave the…
The Powerball jackpot drawing on Wednesday has crossed the $1 billion mark. The jackpot, which reached the sum after no one won in Monday’s drawing, is the eighth-largest Powerball prize of all time. This is the 15th time a $1 billion prize level has been reached in U.S. lottery history. The cash value for a…
Michele Tafoya, a former television sports reporter, is the winner of the Republican nomination for Senate in the Minnesota primary election, CBS News projects. Tafoya will face Minnesota Lt. Gov. Peggy Flanagan in November, who won the Democratic nomination. Tafoya, when she announced her candidacy in January, said Minnesota was “in a crisis.” Her campaign…
