Berkshire Hathaway’s operating earnings fell by 4% for the quarter versus 2024. Per-share operating income decreased by 4% for the quarter, with no share repurchases over the past year. (Photo by Chip Somodevilla/Getty Images) Getty Images Berkshire Hathaway (BRK/A, BRK/B) reported second-quarter earnings of almost $12.4 billion, well below the $30.3 billion in the same…
The impact of tariffs at the U.S.-Canada border – CBS News Watch CBS News The White House announced this week that duties on Canadian goods will jump from 25% to 35% starting Friday. Ed O’Keefe reports on how an anti-American boycott amid the trade war has impacted local businesses. Source link
An inside look at U.S. troops guarding the southern border – CBS News Watch CBS News Along the U.S.-Mexico border in Arizona, a brigade of soldiers is guarding the border wall as part of President Trump’s plan to further increase U.S. military presence there. Charlie D’Agata reports. Source link
President Trump’s executive order hiking tariffs on U.S. imports could drive up consumer prices and prolong uncertainty for millions of businesses, trade experts said. Materials issued by the White House on Thursday outline new tariff rates for dozens of countries, but details remain scant on how to implement the trade agreements, said Barry Appleton, co-director…
U.S. Trade Representative Jamieson Greer discusses new tariffs, employment data – CBS News Watch CBS News “Face the Nation” moderator Margaret Brennan speaks with U.S. Trade Representative Jamieson Greer. More of their interview will air Sunday on “Face the Nation.” Source link
America’s trade policies—and the uncertainty surrounding the forthcoming tariffs—are by far the biggest anxiety drivers keeping fashion executives tossing and turning each night. That’s according to the U.S. Fashion Industry Association’s (USFIA) 2025 benchmarking study, released this week. Of 25 leading apparel brands and retailers (most with 1,000 or more employees) surveyed from April through…
How President Trump’s latest tariffs could impact consumers – CBS News Watch CBS News CBS News senior business and technology correspondent Jo Ling Kent joins “CBS Mornings” to break down how President Trump’s higher tariffs on dozens of U.S. trading partners could impact Americans. Source link
Poll: Most Americans expect price hikes soon Most Americans expect prices to increase in coming months, CBS News poll finds 02:42 Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market is downshifting. The numbers Hiring was weaker than expected by economists, who had forecast payroll…
Published on: Aug 01, 2025 06:58 am IST The remark from the White House official comes as Donald Trump announced its new trade policy with hours to go before the August 1 trade deadline. As US President Donald Trump signed an executive order revealing his tariff plan ahead of the August 1 deadline, a senior…
President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just hours before the administration’s self-imposed midnight deadline. The president signed an executive order listing out tariff rates for imports from dozens of countries, including a handful that have cut trade deals with the administration and…