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Fox host cuts off Trump’s top economic adviser when he tries to blame Biden for gas price spike amid Iran war
NewsWorldAmericasUS politicsFox host cuts off Trump’s top economic adviser when he tries to blame Biden for gas price spike amid Iran warThe national average cost of gas has exceeded $4 a gallon in the US as Americans bear the brunt of Trump’s war against IranRachel Dobkin in New York Friday 03 April 2026 21:58 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmar...
3 ways the Iran war is hitting Americans' pocketbooks
MoneyWatch 3 ways the Iran war is hitting Americans' pocketbooks .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham, Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham, Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the...
Tesla’s Texas factory workforce reportedly shrunk 22% in 2025
The total workforce at Tesla’s factory outside Austin, Texas shrunk dramatically last year as the company suffered its second straight year of declining sales, according to a compliance report spotted by Austin American-Statesman. Tesla went from employing 21,191 people at the factory in 2024 to 16,506 workers in 2025, a drop of 22%. That’s despite the company’s global workforce growing from 125,665 employees in 2024 to 134,785 employees in 2025, according to filings with the U...
How will the ongoing US-Iran conflict impact the economy
What is the current economic cost of the U.S.-Israeli attacks on Iran? CGTN's Lei Zhu spoke to Michael Collins, the founder and CEO of WinCap Financial on what consumers should expect.
The nightmare oil price nobody’s talking about
Real world oil prices are far higher than the figures seen on TV news reports When the first US and Israeli missiles hit Iran more than a month ago, an oil price of $150 per barrel was considered a doomsday prediction. But the price of physical Brent crude is already a hair’s breadth from $150, while the futures price hasn’t caught up yet. The Brent front-month futures price – which serves as a barom...
High street chain set to close unless buyer is found
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Scottish Tories vow £12k boost for families in a move to combat cost of living crisis
Scottish Tories vow £12k boost for families in a move to combat cost of living crisisBy MICHAEL BLACKLEY, SCOTTISH POLITICAL EDITOR FOR THE DAILY MAIL Published: 20:50, 3 April 2026 | Updated: 20:50, 3 April 2026 e-mail View comments
Accusations of self-delusion as John Swinney claims he stands for economic growth while failing to halt eye-watering hikes to business rates
Accusations of self-delusion as John Swinney claims he stands for economic growth while failing to halt eye-watering hikes to business ratesClick here to visit the Scotland home page for the latest news and sportBy MICHAEL BLACKLEY SCOTTISH POLITICAL EDITOR FOR THE DAILY MAIL Published: 20:45, 3 April 2026 | Updated: 20:45, 3 April 2026 e-mail View comments
Trump budget would cut TSA funding, require privatization at small airports
President Trump wants to cut funding to the Transportation Security Administration (TSA) and require privatization of security operations at small airports. The White House’s 2027 budget proposal, released Friday, proposes cutting $52 million from the agency’s funding, which officials created after the Sept. 11, 2001, terrorist attacks in an effort to ensure tighter airport security.…
Fertilizer prices surge following Middle East conflict
U.S. farmers are facing rising production costs as fertilizer prices surge following tensions in the Middle East. With higher input costs and low commodity prices, many warn profitability is under pressure and some farms may not survive.For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
Fate of ‘Liberation Day’ tariffs still uncertain
One year after President Trump’s sweeping “Liberation Day” tariffs, the policy’s impact continues despite being ruled unlawful by the U.S. Supreme Court. Businesses face ongoing uncertainty, while questions remain over refunds, trade agreements, and the long-term direction of U.S. trade policy.For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
Rising costs of Iran conflict hit U.S. consumers
As the U.S. expands its military operations against Iran, the financial impact is growing at home. From rising fuel prices to tens of billions in potential government spending, lawmakers are increasingly debating the long-term cost to taxpayers. For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
Furniture store to lose millions if UConn teams reach title games: ‘We’re hoping that it’ll happen’
More than 40 years ago, when Eliot Tatelman was delivering furniture in the lone truck for his father’s single store in Waltham, Massachusetts, he never expected the venture would lead to him sitting next to David Ortiz and Manny Ramirez on a Boston Red Sox championship float in 2007, looking out and seeing signs reading “thanks for the free furniture.”But he knew he didn’t want to be traditional.Advertisement
Former airman pleads guilty to scamming military out of $37 million
U.S. Man pleads guilty to scamming Air Force out of $37 million, channeling bribes to public official nicknamed "Godfather" By Cara Tabachnick Cara Tabachnick News Editor Cara Tabachnick is a news editor at CBSNews.com. Cara began her career on the crime beat at Newsday. She has written for Marie Claire, The Washington Post and The Wall Street Journal. She reports on justice and human rights issues. Contact her at cara.tabachnick@cbsinteractive.com Read Full Bio Cara Tabachnick Updated on: April...
Trump administration seeks US$1.5 trillion for defence in new budget request
US President Donald Trump is seeking congressional approval for US$1.5 trillion in defence spending in his new budget proposal, underscoring his administration’s focus on military investment as the country remains engaged in conflict in the Middle East. The blueprint released by the White House on Friday for the financial year 2027 proposes a 44 per cent increase in the US defence budget – implementing the widely controversial plan first unveiled by Trump in a January social media post. If...
FBI labels data breach ‘major incident,’ notifies Congress
The Federal Bureau of Investigation (FBI) has labeled a recent data breach, which reportedly targeted an FBI surveillance system, a “major incident” and notified Congress about the cyber intrusion, the agency confirmed to The Hill on Friday. “The FBI identified anomalous activity on an unclassified network and quickly leveraged all technical capabilities to remediate the…
Best mortgage lenders to know now, plus advice on buying and refinancing
MoneyWatch: Managing Your Money Best mortgage lenders to know now, plus advice on buying and refinancing We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where...
Sanaullah says petrol prices increased as a consequence of Middle East war, govt has ‘nothing to do with it’
Prime Minister’s Adviser on Political Affairs Rana Sanaullah on Friday said that the prices of petroleum products had increased due to the ongoing war in the Middle East, adding that the government “has nothing to do with it”. His remarks come a day after an unprecedented increase of 43 per cent and...
How to watch Texas vs. UCLA women's basketball: Semifinals TV channel and streaming options for April 3
Two streaking teams square off when the No. 3 Texas Longhorns (35-3) visit the No. 2 UCLA Bruins (35-1) on Friday, April 3, 2026 at 9:30 p.m. ET. The Longhorns will put their 12-game win streak on the line against the Bruins, winners of 29 straight.How to watch Texas Longhorns vs. UCLA Bruins Venue: Mortgage Matchup Center Time: 9:30 p.m. ET Streaming: Fubo (Stream now) TV: ESPN Watching in person? Get tickets on StubHub. Texas vs. UCLA odds Spread: Texas -1.5 (-117), UCLA +1.5 (-104) Favorite M...
Pakistan set to repay entire $3.5b UAE loan
Pakistan has decided to return the $3.5 billion debt of the United Arab Emirates (UAE) this month, a senior cabinet minister said in a background briefing on Friday, ending speculations about the fate of the debt that Abu Dhabi had started rolling over only for a month. The political leadership has decided to pay back the entire UAE debt, said one of the senior cabinet ministers while briefing the anchorpersons in his office. Out of the $3.5 billion, $450 million loan had been taken in 19...