Business News - LeadStory

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'Donor fatigue' demands smarter global humanitarian aid spending

As traditional donors retreat, attention is turning to emerging contributors such as Brazil, India and private sector partners to help fill the gap.

Euronews

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Markets react to Trump administration's newest tariff threats

The White House sent letters to warn countries about reaching trade deals before President Trump's 90-day tariff pause expires. CBS News MoneyWatch correspondent Kelly O'Grady has the latest on how markets are reacting to the newest tari...

CBS News

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Decoding the Middle East's late-stage venture capital gap

The Middle East's venture capital ecosystem faces a paradox: despite deep pools of capital, startups struggle to secure the funding needed to scale. Bloomberg's Laura Gardner Cuesta discusses the implications with Joumanna Bercetche on H...

Bloomberg

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What to know ahead of Amazon Prime Day

Amazon Prime Day 2025, which is actually a stretch of four days, runs from July 8-11 and offers major deals on all kinds of merchandise. Andrea Woroch, a consumer savings expert, shares what to know ahead of the big sale.

CBS America

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Strait of Hormuz in the spotlight

The Strait of Hormuz, through which 20% of the world’s oil passes, is critical to global energy and trade. CNN explores how it could be disrupted by regional conflict, how regional players are preparing for the worst, and the potential i...

CNN

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Peter Navarro on Apple

Peter Navarro, White House Senior Counselor for trade and manufacturing, joins CNBC's 'Squawk on the Street' to discuss his view on the Federal Reserve's rate policy, manufacturing, and more.

CNBC

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Tesla shares under pressure after Musk announces new political party

CNBC’s Phil LeBeau joins ‘Squawk on the Street’ to discuss the market reaction to an X post from Elon Musk announcing potential new political ambitions.

CNBC

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CoreWeave doubles down on AI data center ambitions

CNBC's Kristina Partsinevelos joins 'Squawk on the Street' with the latest news on CoreWeave.

CNBC

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Millions of Americans travel home from Fourth of July, FAA says

More than 50,000 flights are scheduled on Monday around the U.S. as millions of Americans head home from Fourth of July weekend travel, the FAA said. CBS News senior transportation correspondent Kris Van Cleave has more details.

CBS America

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Trump: U.S. trade deals near, but BRICs nations may get extra tariff

The United States is close to finalizing several trade pacts in the coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, though he later also flagged a new policy, saying BR...

Reuters

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White House warns higher tariffs could roll out August 1

U.S. President Donald Trump's 90-day pause on global tariffs announced in April is nearing its expiration, and the White House warned that steeper tariffs could roll out at the beginning of August.

CBS News

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How Jordan is future-proofing its economy

Jordan is securing new sources of investment to drive economic growth. CNN’s Eleni Giokos speaks to the Jordanian Minister of Investment to explore how he plans to strengthen investor confidence to shape its economic future.

CNN

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Trump criticizes Musk's new 'America Party' as feud grows

President Donald Trump called Elon Musk's plans to form a new political party "ridiculous," launching new barbs at the tech billionaire.

Reuters

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India won't lower smaller car tariffs in a U.S. trade deal: Expert

India will not lower duties on smaller cars in a trade deal with U.S., says Abhijit Das, the author of Strategies in GATT and WTO. However, he explains why it's more likely than not that the two sides will agree on a deal.

CNBC

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All you need to know about Neuralink's Telepathy update

Elon Musk's brain chip company Neuralink hosted its 2025 summer update event in June, briefing the public on developments with two company products: Telepathy and Blindsight. Today, we look at the most important updates on Telepathy.

Mashable

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Kenya's Ruto faces growing discontent over economy, police brutality

Barely two years into his presidency and Kenya’s William Ruto is already facing calls for him to leave - summed up in the slogan ‘wantam,’ or one term. Protesters say he hasn't delivered on his promises to economically empower the workin...

Africanews

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Unemployment surges as employers replace new hires with AI

The unemployment rate for new college graduates has recently surged. Economists say businesses are now replacing entry-level jobs with artificial intelligence. Ali Bauman has the story.

CBS America

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New Jersey hosts one of the longest-running rodeos

Pilesgrove Township, N.J., is hosting Cowtown Rodeo, one of the nation's longest-running rodeos. In a time when pro rodeo is one of the fastest-growing sports in America, here's a look at the family-owned event leading the charge.

CBS America

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French cognac brands sales to China fell 70%

In a rare positive development amid escalating trade tensions between Brussels and Beijing, China excluded major cognac producers — Pernod Ricard, LVMH, and Rémy Cointreau — from steep tariffs on EU brandy.

France 24

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Missouri fireworks retailer worried about tariff impact

President Trump lit the fuse on sweeping tariffs on April 2, which he called "Liberation Day." Ian Lee explains how import taxes on fireworks could affect America's 250th birthday celebration, next year.

CBS America

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LL Cool J backs out of Philadelphia concert in support of workers

LL Cool J won't perform in the Wawa Welcome America Fourth of July Concert in Philadelphia, saying he won't "cross a picket line" amid the ongoing strike involving the city's largest municipal workers' union.

CBS America

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Tariffs could spell trouble for fireworks shows

Fireworks, a hallmark of July 4th celebrations, are feeling the impact of President Trump's trade war with China. CBS News correspondent Ian Lee spoke to a Missouri fireworks distributor about the issue.

CBS America

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Mexicans protest Americans moving into their neighborhoods

The influx of Americans moving to Mexico is pushing housing prices up and forcing Mexicans out of some cities. CNN’s Valeria León reports.

CNN

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How climate change impacts ability to choose where you live

As Americans celebrate the Fourth of July, climate change is another factor shaping the United States' independence. CBS Climatologist Marina Jurica discusses how it challenges your choice of where to live and its impact on farmers.

CBS America

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EU sees 42% increase in heat-related deaths at work since 2000

The European Trade Union Confederation is calling for common rules to protect workers' health during heatwaves.

Euronews

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Major power outage in Czech Republic halts Prague metro and trams

A power outage hit parts of Prague and the Czech Republic, halting public transport and trains. Prime Minister Petr Fiala said authorities are investigating the cause.

Euronews

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Record-breaking travel expected for Fourth of July

With the Fourth of July falling on a Friday, Americans are taking advantage of the long weekend. AAA estimates 72 million people are traveling at least 50 miles for the holiday, which is 1.7 million more than last year.

CBS America