What are reciprocal tariffs and how will they impact your wallet?
CBS News MoneyWatch correspondent Kelly O’Grady joins “CBS Mornings” to discuss what President Trump’s reciprocal tariffs could mean for your cost of living.
Australia have added young all-rounder Cooper Connolly to their ICC Champions Trophy squad, replacing the injured Matthew Short. Short suffered a calf injury in the match against Afghanistan, making his recovery for the semi-final against India unlikely. Connolly, a promising left-handed batter and left-arm spinner, joins the squad ahead of the crucial game.
The bear had a yearling cub with her when she was hit on a highway in Snake River Canyon south of Jackson.
Former President Donald Trump’s tax and spending proposals could send the national debt soaring, according to a new study by the Penn Wharton Budget Model. Scott Lincicome, the vice president of general economics at Cato’s Herbert A. Stiefel Center for Trade Policy Studies, joins CBS News with more.
Mohammed Shami celebrated his fifer during India’s win over Bangladesh with a gesture dedicated to his late father. Backed by skipper Rohit Sharma, Shami became the fastest Indian to 200 ODI wickets. Reflecting on his journey, Shami emphasized the importance of dedication, persistence, and living in the present while acknowledging past challenges.
President Trump’s reelection has sparked sweeping reforms aimed at government efficiency, including proposed tax hikes on elite university endowments. The suggested 21% tax on schools like Harvard and Stanford could drastically increase their financial burdens, potentially raising tuition, cutting scholarships, and stifling academic progress. This policy could widen economic divides, making top-tier education less accessible…
Republicans have pounded Vice President Kamala Harris on immigration. She’s announced plans to enact tougher border restrictions and has called on Congress to act on long-term solutions.