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CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
Despite uncertainty around tariffs, the NRF gives a positive projection for retail growth in 2025 with expectations that inflation will remain at current levels.
After several years of consistent mortgage rate increases and soaring home prices, the prognosis for the 2025 housing market seemed promising at the start of the the year. However, recent economic and political instability has cratered consumer confidence and homebuyer optimism.
The impact of the president's tariffs will be widespread, and it's not yet clear how long the impacts will last. The market took a nosedive Thursday, losing more than $3 trillion in market value with one-day losses not seen since the pandemic.
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A real-time reaction to the impact of President Donald Trump's tariff actions and lackluster earnings has the CEO of luxury furniture maker RH in the spotlight.
It’s going to affect people’s pockets. It’s not just about the stock market. It’s about everything," one local financial expert says.
U.S. stocks fell sharply in after-hours trading Wednesday after President Trump announced sweeping new tariffs on imports from trading partners.
The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.
The impact of the president's tariffs will be widespread, and it's not yet clear how long the impacts will last.
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