Richard Escobedo covers economic policy at CBS News and is a coordinating producer at Face the Nation with Margaret Brennan. He joined CBS in 2018 and is a graduate of Texas Christian University in ...
Import and export prices in the U.S. both increased by far more than anticipated in the month of September, according to a ...
President Donald Trump is rolling out yet another Iran war strategy in familiar fashion: with an all-caps threat. But the world will, as usual, have to wait to see whether he folds when the political ...
WASHINGTON/DUBAI — The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need ...
US President Donald Trump’s administration has said it aims to sever “every” economic lifeline sustaining Iran in what officials have warned will be the toughest sanctions campaign ever seen. The ...
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The Fed confronts a powerful new economic force
Federal Reserve Chair Kevin Warsh promised to bust inflation in his first major speech since his nomination by President Donald Trump, but he also lavished attention on a new focus for the Fed: ...
Analysts say Tehran could intensify the dispute militarily after the United States announced new efforts to squeeze Iran’s economy. One Iranian official vowed that “not a single drop of oil” would ...
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