Rents are cooling off, bolstering Fed's case for cutting rates
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
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After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Chipotle CEO Brian Niccol said the company is addressing portion sizes after finding 10% of its locations were skimping.
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Auto insurance has gone up 19.5% since June of last year, according to the latest Consumer Price Index data. The reason? Getting T-boned by inflation.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
CBS News Business Analyst Jill Schlesinger explains the month of June’s numbers and if we are close to seeing lowered interest rates. For more analysis go to www.jillonmoney.com. (07-11-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
CBS News Business Analyst Jill Schlesinger joins to discuss where the numbers are at and how Summer is the best time to examine your finances for ways to save. For more analysis, go to www.jillonmoney.com. (06-25-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
CBS News business analyst Jill Schlesinger on the high cost of parenting and ways to make it more affordable while inflation starts to ease. For more analysis, go to www.jillonmoney.com. (06-20-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
The latest CBS News poll found that 72% of Americans say higher prices have been a hardship or more difficult, and 63% rate the economy as fairly bad or very bad. Mark Strassmann on how voters are feeling amid the signs that inflation is cooling — but not fast enough for many Americans.
CBS News Business Analyst Jill Schlesinger reports on the latest inflation numbers and the effects lowered prices from big companies can have on interest rates. (06-12-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
The latest jobs report showed that the U.S. added 272,000 jobs last month, significantly higher than forecasters had expected. Michael George has more.
CBS News Business Analyst Jill Schlesinger reports the May jobs report and its impact on interest rates. For more analysis, go to www.jillonmoney.com. (06-07-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Prices excluding food and energy rose at an annual rate of 2.8% in April as inflation eased after flaring earlier this year.
Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather.
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.
CBS News Business Analyst Jill Schlesinger joins Nicole Zaloumis to discuss how the monthly employment report has lowered compared to other months while the fed hopes wages and inflation cool down. (05-03-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
U.S. economic growth slowed more than expected in first quarter of 2024, with inflation-weary consumers tightening their belts and spending less, the government reported on Thursday. Interview with CBS business analyst Jill Schlesinger.
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
The March consumer price index showed inflation is still a sticky problem for the U.S. economy — the third straight month that prices have accelerated. Interview with CBS News business analyst Jill Schlesinger. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Economists say Americans should be more upbeat about the economy given strong job growth and lower inflation.
A rise in the number of home listings with price cuts suggests a return to a more balanced dynamic between buyers and sellers.
