Businesses large and small are bracing for the impact of the Trump administration’s new tariffs on U.S. imports from Mexico, Canada and China — and preparing to pass on the pain to consumers. Best Buy CEO Corie Barry said this week that the electronics retailer is particularly exposed to the tariffs, noting that China and Mexico are … Read more
A HELOC offers homeowners an inexpensive way to borrow from their home equity right now. Getty Images The average home equity amount grew 6% year-over-year, according to a report released this week. While that level was down slightly from the end of last year, it’s still a sizable amount, averaging $313,000 currently. With this much … Read more
Trump tariffs and Wall Street: Expert weighs in Trump tariffs and Wall Street: Expert weighs in 06:03 During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause “a little disturbance.” But with the stock market tumbling this week in reaction to his import duties, workers with 401(k) plans may wonder … Read more
A $75,000 HELOC’s monthly costs are as low as they’ve been in two years. Aldo Ottaviani – Italy/Getty Images Home equity line of credit (HELOC) rates are on the decline. Rates hit an 18-month low in January, reached a two-year low in February and are positioned to fall even further this month. Not only that, … Read more
Arab nations, led by Egypt, that have strongly rejected President Trump’s proposal for the U.S. to “take over” the Gaza Strip and displace its more than 2 million Palestinian residents so the enclave can be turned into a luxury real estate development have offered an alternative plan. Leaders from the 22-nation Arab League attended a … Read more
Washington — The Trump administration signaled Tuesday it will move to let Idaho enforce its strict abortion ban, even in the treatment of pregnant women suffering medical emergencies, a dramatic reversal from the previous administration in a closely watched lawsuit. The state’s largest hospital system said it could be forced to airlift women out of … Read more
Washington — President Trump’s address to a joint session of Congress was quickly interrupted Tuesday night, as Democratic Rep. Al Green of Texas stood and shouted in protest when Mr. Trump began touting his victory in the 2024 election. Green was quickly escorted from the House chamber. Who is Al Green? Green, 77, has represented a Houston, … Read more
CBS News’ Confirmed team is fact checking President Trump’s 2025 joint address to Congress Tuesday night, his first speech to both chambers of Congress since he won the presidential election in November. He spoke about his domestic and foreign policy agenda, as well as the economy. False: Trump claims “21 million people poured” into the … Read more
4m ago Commerce secretary says tariffs on Mexico and Canada could be rolled back Wednesday Commerce Secretary Howard Lutnick said Tuesday that he had been on the phone with Canada and Mexico “all day” and a reduction in tariffs could happen as soon as Wednesday. “So I think he’s going to work something out … Read more
Just on the edge of the western Hudson Bay lies the small town of Churchill, Manitoba. Here, the sea meets the boreal forest under the rippling northern lights. Farther to the north, the trees stop growing. Snow coats a harsh landscape of Canadian shield, and the ceaseless wind cuts through the willows. No roads lead … Read more