The upper middle class is now the largest income group in the U.S.
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
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America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
President Trump touted his work during his first year back in office, saying, "inflation is plummeting, incomes are rising fast, the roaring economy is roaring like never before."
Hours before President Trump's State of the Union address, House Speaker Mike Johnson told CBS News the U.S. economy is on the right track — but inflation hasn't been "completely fixed yet."
A slowdown in immigration and lower birth rates could crimp the U.S. economy by shrinking the nation's workforce, researchers say
Dow's announcement comes after several other large corporations, from Amazon to UPS, said they plan to cut jobs.
Commerce Secretary Howard Lutnick predicts that first-quarter economic growth will heat up to 5%. But sustaining that pace won't be easy, economists say.
A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
Job cuts so far this year are at their highest levels since 2020, new report says.
Personal finance is too complex for most people to navigate, two economists contend in a new book. Is there a better way to help people deal with money?
Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
Verizon must "evolve as a company" by slashing costs and restructuring, the wireless telecom's chief executive told employees.
Nearly 40,000 Americans in 21 states received an impending layoff notice last month, new data from the Federal Reserve Bank of Cleveland shows.
Workers looking to pick up extra cash working retail jobs this winter may be out of luck as stores pull back on hiring.
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand.
Police are searching for the people responsible for stealing copper wire from a rail line in the Denver metro area on Tuesday.
Colorado's Public Utility Commission ordered Xcel to submit a plan for meeting the needs of customers this summer as record-setting heat and dry conditions persist across the state.
A refund process opened on Monday for businesses across the country, including in Colorado, to apply for tariff refunds.
Nearly 800 employees will lose their jobs at the former FirstBank headquarters in Lakewood as PNC Bank consolidates operations following its acquisition of the company.
Xcel Energy has revised its plan for possible power shutoffs on Wednesday, concentrating on areas in southern Colorado.
Police are searching for the people responsible for stealing copper wire from a rail line in the Denver metro area on Tuesday.
Colorado's Public Utility Commission ordered Xcel to submit a plan for meeting the needs of customers this summer as record-setting heat and dry conditions persist across the state.
A refund process opened on Monday for businesses across the country, including in Colorado, to apply for tariff refunds.
Nearly 800 employees will lose their jobs at the former FirstBank headquarters in Lakewood as PNC Bank consolidates operations following its acquisition of the company.
Xcel Energy has revised its plan for possible power shutoffs on Wednesday, concentrating on areas in southern Colorado.
The search continues for missing man Kayden Sites who was last seen in Chaffee County on April 15.
Chimney Hollow Reservoir fills with water in a dam project focused on getting more water to homes in Northern Colorado.
A Denver judge has dismissed a murder case centering around the 1998 death of a 4-month-old child.
Watch Lauren Whitney's forecast
Adams County Sheriff's deputies shot a suspect during a stabbing investigation early Tuesday morning.
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
Logan O'Connor scored for the first time in more than a year, Scott Wedgewood stopped 24 shots in his first Stanley Cup playoffs start and the top-seeded Colorado Avalanche beat the Los Angeles Kings 2-1 in Game 1 on Sunday.
Kroenke Sports and Entertainment announced they have contracted a team to broadcast its games in Spanish for the playoffs.
It's been a complete season of dominance for the Colorado Avalanche heading into the Stanley Cup playoffs.
The Denver Nuggets will play a regular-season game in Mexico next season. It will be against the Indiana Pacers on Nov. 7 at the Arena CDMX in Mexico City.
"CBS Mornings" exclusively revealed Leon Smith, who teaches at Haverford High School in Pennsylvania, as the 2026 National Teacher of the Year.
Defense Secretary Pete Hegseth said U.S. service members will no longer be required to get annual flu shots.
The Justice Department is investigating the Southern Poverty Law Center in connection with a now-defunct program that used paid informants to infiltrate extremist groups.
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Defense Secretary Pete Hegseth said U.S. service members will no longer be required to get annual flu shots.
The Justice Department is investigating the Southern Poverty Law Center in connection with a now-defunct program that used paid informants to infiltrate extremist groups.
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
After KFF Health News reported that the Trump administration is seeking federal workers' medical records, Democratic lawmakers are insisting that the Office of Personnel Management drop its request.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
Ibogaine is used in Mexico and the Caribbean to treat depression, anxiety, addiction and brain trauma.
Nearly 800 employees will lose their jobs at the former FirstBank headquarters in Lakewood as PNC Bank consolidates operations following its acquisition of the company.
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
When the Orion spacecraft lifted off April 1, four astronauts were aboard -- but for the families of dozens of workers who died before the launch, the mission carried something else: the weight of those who would never see it fly.
A single malfunctioning piece of new equipment triggered a recent, sweeping power outage at Denver International Airport — an incident that stranded passengers in elevators and delayed nearly 500 flights.
Anticipating a challenging summer wildfire season, forecasters with Colorado's Division of Fire Prevention and Control are preparing to rely heavily on a pair of state-owned aircraft-both to detect fires early and to assist in fighting them once they ignite.
CBS Colorado is investigating a trucking company involved in a crash at a gas station in the southern part of the Denver metro area last month.
A Denver jury has found activist Regan Benson, a frequent critic of police, guilty of "doxing" a Denver police commander during a livestream last September, in what appears to be the first conviction under Colorado's anti-doxing law.