Business

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New Tariffs Escalate U.S.-Canada Trade Dispute

Trade tensions between the United States and Canada have intensified after both governments moved to impose fresh tariffs, deepening a dispute that officials say risks harming industries and consumers on both sides of...

Fed Keeps Rates Steady as Inflation Worries Persist

The Federal Reserve left its benchmark interest rate unchanged for a seventh consecutive month, a move that underscored persistent inflation worries even as policymakers and markets weigh competing risks to growth. The...

Kevin Hassett on Face the Nation, May 24, 2026

Updated May 24, 2026 / CBS News This is a rewritten account of the interview with Kevin Hassett, Director of the White House National Economic Council, on Face the Nation with Nancy Cordes. Nancy Cordes opened by asking...

What a $40,000 Short-Term CD Can Earn Now

If you have $40,000 sitting in cash and want a low-risk place to park it for a short time, a short-term certificate of deposit (CD) is worth considering. CDs offer a fixed interest rate, protection of principal, and...