With financial markets roiling as President Donald Trump unveiled his latest tariffs this week, the economy has been top of mind for many retirees

The U.S. dollar sank against major peers on Thursday, dropping to six-month lows against the euro, and the safe haven yen and Swiss franc, as investors grappled with how U.S. President Donald Trump's far-reaching tariffs will impact global trade and economic growth.

Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump. China’s retaliatory move today sent markets sliding.

After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”

The Dow fell 10% from its record closing high in December, putting it on track to confirm a correction on Friday, after China retaliated with fresh tariffs a day after the Trump administration announced sweeping levies on trade partners.

The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.

"It’s ridiculous. It shows no comprehension as to what he is doing to other countries. And it is going to hurt the U.S." Stock markets globally have been choppy in

Charles Grassley of Iowa and Democratic Sen. Maria Cantwell of Washington on Thursday introduced a Senate bill to limit a president's power to impose tariffs. The bill would allow Congress to vote to end any tariff at any time,

Republicans in Congress are watching with unease as stock markets tumble in the aftermath of President Donald Trump’s sweeping tariffs.

Republican U.S. Senator Chuck Grassley introduced a bill on Thursday that would require congressional approval for new tariffs, the day after President Donald Trump unveiled sweeping new taxes on a vast array of imported goods.

Iowa's GOP legislative leaders say they are carefully monitoring the impact of President Donald Trump's tariffs as they draft the state's budget.

After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill” of tax breaks and spending cuts at a risky moment for the U.S. and global economy. More than a month after House Republicans surprised Washington by advancing their framework for Trump's $4.

Few Republicans are eager to defend the president's tariffs, putting the party on the back foot for the first time in Trump’s new term.

President Trump's new tariffs against more than 60 countries sent markets tumbling in Asia. CBS News New York's Jared Hill reports.

Tariffs announced by US President Donald Trump are a "race to the bottom", Northern Ireland First Minister Michelle O'Neill has said. Northern Ireland goods entering the US will face a 10% tariff from Thursday,

President Donald Trump’s speech announcing a huge increase in tariffs on American trading partners was riddled with falsehoods and misleading statements on trade that he has made for years. But now they are determining policy that will increase the costs of goods for many Americans.