President Trump’s 50% tariffs on certain Canadian products could raise their prices in the U.S., but the narrow scope of the levies is unlikely to trigger a broader spike in inflation, trade experts said. After the tariffs, first announced in late June, took effect on Saturday following a breakdown in trade talks, Canada pledged to…
Retirement is biting Generation X. Its oldest members will turn 62 next year, the earliest age at which people can claim Social Security benefits, with many Americans having too little saved to stop working even as the program faces its own funding crisis. Chris Branaman, 53, jokes that his retirement will be spent as a…
Washington — Lara Korte, one of three editorial employees of the military newspaper Stars and Stripes who were dismissed last week after speaking to CBS News, said Monday that the paper’s editorial independence remains paramount. “I’ve certainly been bolstered to see comments from the Stripes’ leadership and from the Pentagon that the Stripes is editorially…
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…
After 31 years in education, one choice cost an Ohio principal his job – it’s a decision he says he does not regret. As principal of Lakota East High School in a suburb of Cincinnati, Ohio, Rob Burnside sought different ways to engage with his students. Years ago, he would wear goofy-looking pants on Fridays…
Washington — Treasury Secretary Scott Bessent is holding a press conference Monday at the Treasury Department as the Trump administration announces the details of what it’s calling “economic D-Day” for Iran. Bessent is expected to broaden the administration’s current sanctions regime with the threat of stronger secondary sanctions on entities and countries that transact with…
GOP Sen. Ted Cruz said on Monday that the race for Texas’ other Senate seat will be a “$200 million” fight, outlining the road ahead for Republicans as state Attorney General Ken Paxton faces off against state Rep. James Talarico in the closely watched contest. “I think we’re going to win this race, but it…
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…
An out-of-control wildfire that jumped over fire trucks and made it difficult for crews to reach hot spots destroyed homes in northwest Reno, Nevada, on Sunday. Shifting winds challenged firefighters trying to bring it under control, and authorities urged some 90,000 people to evacuate. At least six people – three first responders and three civilians…
At Chain of Lakes Elementary School in Winter Haven, Florida, Josette Smith’s 9-year-old son, Ethan, gets to do what he loves most: crafts, math, and science. That is, when he isn’t being pulled out of class. Ethan has autism and attention-deficit/hyperactivity disorder. He was diagnosed with autism in kindergarten after displaying behavior that concerned his…
