Yellen warns "sweeping, untargeted tariffs" would reignite inflation
Treasury chief Janet Yellen is warning that tariffs planned by former President Donald Trump will reignite inflation.
Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Treasury chief Janet Yellen is warning that tariffs planned by former President Donald Trump will reignite inflation.
"Shrinkflation" — when companies charge the same for smaller sizes — is a sneaky way to raise prices. Read on to see what kind of products have shrunk the most.
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Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.
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Bath & Body Works apologized for its Snowed In candle adorned with a snowflake image that some people compared to KKK hoods.
Columbus Day, also known as Indigenous Peoples Day, is a federal holiday. Here's what is open and closed on Monday, Oct. 14.
Boeing CEO Kelly Ortberg wrote in a memo that the aerospace giant is cutting 10% of its 170,000 workforce.
Donald Trump is proposing making interest on car loans tax-deductible. But the benefit would mostly help high earners.
The 401(k) is the most popular retirement plan in America, but many workers make a repeated mistake that can cost them.
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
Waffle House said it shuttered its Tampa-area locations ahead of Hurricane Milton's arrival. Here's what to know.