Trump says he's "crushing" inflation as GOP faces affordability concerns

President Trump spoke about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.

• Dec 9

Americans spending more for the holidays despite dour economic views

Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.

• Dec 1

CBS News poll finds most would oppose U.S. military action in Venezuela

Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.

• Nov 23

Pa. lawmakers pass $50 billion budget after months of delay

Gov. Josh Shapiro signed a $50 billion spending package to end a four-month budget stalemate that has held up billions for public schools and social services.

• Nov 12

Final penny pressed at U.S. Mint in Philadelphia

The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.

• Nov 12

Coal miners with black lung say government is suffocating the "working man"

Lisa Emery, a respiratory therapist, is deeply concerned about West Virginia coal miners suffering from black lung disease.

• Nov 8

Americans to spend big this holiday despite gloomy economic views

Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.

• Oct 31

Why the "no hire, no fire" job market may no longer be a thing

Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.

• Oct 29

Why your beef, bananas and coffee beans have gotten so expensive

Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?

• Oct 27

Open enrollment may bring sticker shock as health insurance set to surge

With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.

• Oct 20

Economists expect faster growth, but weaker job gains, through 2025

The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.

• Oct 13

More Americans are living paycheck to paycheck, foiling retirement plans

Roughly 42% of younger working adults — spanning Gen Z, millennials and Gen X — report having no money left over after covering their daily expenses.

• Oct 2

CBS News poll finds negativity on economy, job market, concerns about AI impact

Prices are reported by Americans as still rising, and many think AI will lead to fewer jobs.

• Oct 2

Layoffs this year are at their highest level since 2020, report finds

Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.

• Oct 2

The only jobs data we may see this week show labor market is cooling fast

Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.

• Oct 1

Millions could soon see food stamp cuts as grocery costs are on the rise

The Republicans' "big, beautiful" spending and tax law will result in cuts to food stamp benefits for many Americans, experts say.

• Sep 24

Rising grocery prices could lead to shrinkflation, food industry analyst says

Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.

• Sep 18

CPI rose at a rate of 2.9% in August as U.S. inflation ticked higher

Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.

• Sep 11

Employers added 22,000 jobs in August, falling short of forecasts

The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.

• Sep 5

Railroad companies fail to join safety program after toxic Ohio derailment

Two and a half years after a train derailment in Ohio, major freight railroads have not joined a federal program aimed at reducing rail hazards.

• Aug 24

Back to school season is here. See these tips to save money.

Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.

• Aug 19

Many U.S. jobs are falling further behind inflation, study finds

Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.

• Aug 18

Youngstown, Ohio, revival gains momentum in former steel stronghold

After decades of steel mill closures and population loss, the city of Youngstown, Ohio, is drawing new investment and fostering small businesses.

• Aug 14

Americans could soon see higher costs from tariffs, Fed's Hammack says

Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.

• Aug 4

CPI rose in June to 2.7% annual rate, highest since February

The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.

• Jul 16

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