Here's what latest CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
Economy
CEO of Saffron Road credits "immigrant journey"
Adnan Durani started his company Saffron Road in 2010 to bring foods from different cultures of the Silk Road to mainstream America. Nikki Battiste spoke to him about how his background as an immigrant shaped his success.
What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly O'Grady explains.
Kentucky CEO on tariffs' business impact
President Trump's 25% tariffs on all imported steel and aluminum have taken effect. Victor Yarbrough, CEO of Brough Brothers Distillery, the first African American-owned distillery in Kentucky, joins "The Daily Report" to discuss the impact.
Who will retaliatory tariffs impact most?
President Trump is moving full speed ahead on tariffs. The administration imposed a 25% tariff on Wednesday on all steel and aluminum imports, and the response from America's allies has been swift. The European Union is imposing tariffs on $28 billion worth of American goods. Canada also announced its own retaliatory tariffs on $21 billion worth of U.S. products. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Unpacking slight February inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to examine what that means for price relief for Americans.
Trump slams EU while sitting next to Irish PM
President Trump hosted Ireland's prime minister at the White House for St. Patrick's Day. It comes as the European Union, which Ireland is a part of, is set to impose tariffs on $28 billion worth of U.S. goods. CBS News' Nancy Cordes and Nikole Killion have more.
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
Inflation rises by 2.8% in February
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Key inflation data about to be released. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.
"Animal spirits" and the stock market
When the market crashed earlier this week, a White House adviser said, "We're seeing a strong divergence between animal spirits of the stock market and what we're actually seeing unfold from businesses." But what does the "animal spirits" remark mean, and how is it evolving? John Dickerson explains.
Wall Street reacts to Trump's tariff flip-flopping
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.
Lutnick: "Let the dealmaker make his deals"
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with Commerce Secretary Howard Lutnick to discuss the stock swings, inflation and risks of a recession.
Explaining stock markets' dramatic sell-off
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all Canadian steel and aluminum imports. CBS News' Kelly O'Grady and Zak Hudak break it down.
Trump vows to help oust Rep. Thomas Massie
President Trump is leading the charge to oust Republican Rep. Thomas Massie of Kentucky after he said he would not support the GOP-led short-term funding bill to keep the government open. Brakkton Booker, national political correspondent at Politico, and Jasmine Wright, politics reporter for NOTUS, join "America Decides" with analysis.
Commerce secretary defends Trump amid tariff fight
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard Lutnick, who brokered the truce with the Ontario premier.
Who is Carney, Canada's next prime minister?
Canada's Liberal Party has chosen former central bank leader Mark Carney to succeed Justin Trudeau as the country's next prime minister. The 59-year-old economist won with nearly 86% support in a vote Sunday. CBS News correspondent Shanelle Kaul has more.
Markets plummet after Trump recession remarks
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and he did not rule it out. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's response. Then, Fin Gómez, CBS News political director, and Evan McMorris-Santoro, NOTUS reporter, join with analysis.
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another shutdown over government funding. CBS News Weijia Jiang and Nikole Killion have the latest.
Next Canadian PM pledges to take on Trump
Canada's next prime minister, former central banker Mark Carney, is pledging to take on President Trump as the president imposes tariffs and threatens to turn the country into the 51st state. CBS News' Ed O'Keefe and Shanelle Kaul have more.
Egg prices expected to continue to rise
Egg prices are expected to continue going up as farmers across the country deal with outbreaks of bird flu. The USDA is working to reimburse farmers who have to kill and replace their chickens. Kati Weis reports.
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion has more.
Stock market has worst weekly decline in 6 months
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's bruising. Ali Bauman has more details.
No clear winner in Israeli election as polls suggest stalemate
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