Investors had a brutal 2022. Here's what to expect in 2023.
Inflation, interest rates and a possible recession could weigh on markets. But there are also reasons for bullishness.
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Inflation, interest rates and a possible recession could weigh on markets. But there are also reasons for bullishness.
The job market remains strong — a good sign for workers but a blow to the Fed's efforts to cool inflation.
There are clear bright spots that offer hope 2023 will not be the year the next recession begins
Almost 4 in 10 of consumers who went into debt expect it will take at least five months to pay off their bills.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
State regulators Tuesday approved utility costs that will translate to higher electric bills in January for homeowners and businesses - and the pain won't end there.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
Thanksgiving dinner will cost more than in previous years.
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
The 10 most popular candy brands have seen an average price increase of 13% since 2021, according to Datasembly.
Natalie Brand reports Republicans say inflation is out of control and blame the Democrats.
The issues have forced concession companies to get creative in an effort to address the rising costs.
"Unless significant conservation actions are taken, the United States is likely to cause the first anthropogenic extinction of a great whale species," scientists said.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
CBS4's Danya Bacchus reports on the recent holiday inflation that leaves those reconsidering.
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
Nation is edging closer to statutory debt ceiling of $31.4 trillion. "We are addicted to debt," one expert said.
Sharp drop in job openings will be welcomed by Fed Reserve as it pushes to raise unemployment to cool inflation.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
Authorities say a Miami Southridge Senior High School teacher is facing five charges, including battery and offenses against students, as the district moves to terminate his employment.
The demolition is part of a plan to build two new towers that will include both hotel rooms and residences.
The incident took place at the Citadelle Henri, also known as Citadelle Laferriere, a 19th-century fortress and tourist spot in the northern town of Milot.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Authorities say a Miami Southridge Senior High School teacher is facing five charges, including battery and offenses against students, as the district moves to terminate his employment.
The demolition is part of a plan to build two new towers that will include both hotel rooms and residences.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
The U.S. Court of Appeals for the District of Columbia Circuit said it did not have enough information to decide how much of the project can be suspended without jeopardizing the safety of the president.
A horde of 2028 Democratic presidential hopefuls attended Al Sharpton's National Action Network conference, nearly two years before the first primary votes will be cast.
The woman alleged the California gubernatorial candidate sexually assaulted her twice when she was too drunk to consent.
Plans submitted by the Interior Department show the triumphal arch would be 250 feet tall, the tallest triumphal arch in the world.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
Former state Sen. Lauren Book launched her 11th annual statewide walk, encouraging survivors to share their stories amid renewed attention on the Epstein case.
Miami Archbishop Thomas Wenski is pressing county commissioners to approve a long-delayed mental health center, warning lives are at stake as the building sits empty.
Emily Gregory describes the days following her upset victory in Tuesday's special election as "a little overwhelming, surreal, but exciting."
The Miami Center for Mental Health and Recovery, located at 2200 NW 7th Avenue, would be a first-of-its-kind facility that could make a difference in the lives of countless people.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Rapper Offset is recovering after a shooting at Seminole Hard Rock Hotel and Casino, where Lil Tjay was among two people detained and later charged.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.