Why your tax cut is now almost wiped out by tariffs
The typical family received a $930 annual tax break, but the president's tariffs are adding $831 to yearly budgets
Watch CBS News
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.
The typical family received a $930 annual tax break, but the president's tariffs are adding $831 to yearly budgets
The tech company's products have always fetched a premium, but its latest high-end desktop is raising eyebrows
Holzhauer is just $58,000 shy of Ken Jennings' record of $2.52 million in winnings for the TV trivia show
President Donald Trump's tariffs on Mexico also puts at stake the United States-Mexico-Canada Agreement
The bond market has some investors worried, especially if U.S.-China relations continue to deteriorate
Fears of discrimination persist, from being passed over for promotion to even getting fired, Glassdoor survey finds
China, the world's largest soybean buyer, is ramping up economic pressure amid a widening trade war with the U.S.
Razor manufacturer's focus on redefining masculinity has sparked both praise and criticism
TV game show champ is within $8,865 of the milestone as he tries to continue his epic run
The president claims China is paying "hundreds of billions" in tariffs -- here's why he's wrong
Women perform better in warmer rooms, an issue for offices where temperatures are set to men's metabolic rates
Students at rich high schools are twice as likely as those at poor schools to qualify for extra testing time
Federal income tax revenue from U.S. corporations hasn't been this low since 1960, IRS data show
With help from financial backers, farmers are investing in ways to sequester carbon in soil, reducing emissions
Birth rates dipped for a fourth consecutive year, a potential setback for the country's economy and its labor force