ATM fees reach 26-year high with charges topping $5 in some cities
The average out-of-network ATM fee climbed to $4.77 this year, a 4-cent increase from 2023, a new survey found.
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The average out-of-network ATM fee climbed to $4.77 this year, a 4-cent increase from 2023, a new survey found.
Canada's two largest railroads have ground to a halt after an ongoing labor dispute couldn't be resolved before a deadline.
New government data shows the job market was weaker than earlier reported. That could pave the way to a September rate cut.
The real estate market in the U.S. may see some movement when the Federal Reserve Board makes a decision on potentially cutting interest rates in September. CBS News contributor J.D. Durkin has more.
Secretary of Commerce Gina Raimondo is attending the Democratic National Convention in her capacity as former governor of Rhode Island and joins CBS News with more on the state of the economy and how Vice President Kamala Harris would take on rising costs.
Vice President Harris unveiled her economic plan last week with inflation and home prices top of mind for many Americans. CBS News' Adriana Diaz spoke with voters about their thoughts on the economy and which candidate they think can steer it better.
At the first of three presidential debates between President Trump and former Vice President Joe Biden, the candidates were asked about a wide range of topics, including the coronavirus pandemic, the economy and ongoing protests against police brutality and racism. Moderator Chris Wallace often had trouble controlling the affair, as he had to rebuke the president for interrupting multiple times. Watch the full debate.
Former President Donald Trump has focused his latest line of attacks against his rival on the economy, which comes after Vice President Kamala Harris unveiled her first round of economic policy proposals. Natalie Brand has more.
Kamala Harris unveiled her "Opportunity Economy" plan during a campaign speech in North Carolina on Friday. During her first major policy pitch to working and middle class voters, she emphasized a push to lower prescription drug prices and a potential federal ban on grocery price gouging.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
Vice President Kamala Harris released her first major economic policy proposal since entering the presidential race. The plan, aimed at middle-class voters, includes money for new homebuyers, expansion of the Child Tax Credit and government action on grocery prices. Nancy Cordes reports from Raleigh, North Carolina.
Vice President Kamala Harris laid out an economic agenda she seeks to implement in the first 100 days if elected president. Her proposal includes an expansion of the Child Tax Credit, helping first-time home buyers with their down payments and banning price gouging for groceries. CBS News chief White House correspondent Nancy Cordes has more.
Vice President Kamala Harris will lay out the details of her economic plan and proposed policies if she is elected president in November. CBS News chief White House correspondent Nancy Cordes previews the campaign event in Raleigh, North Carolina.
Starting Aug. 17, new regulations will change how real estate commissions are handled, potentially lowering costs for homebuyers and sellers. Under the new rules, buyers and sellers will have the opportunity to negotiate commissions directly with their agents, a shift that could impact everyone involved in the real estate market.
Democratic nominee Kamala Harris delivers an economic speech in North Carolina, following her first joint appearance with President Biden since she replaced him on the ticket. Meanwhile, Republican nominee Donald Trump attacks Harris and the Biden administration's economic policies.
Vice President Kamala Harris has announced several proposals for her first 100 days in office aimed at lowering costs for American families, should she win the election. Her economic agenda includes a tax incentive to build a starter home, up to $25,000 in down-payment assistance to first-time homebuyers, expanding the Child Tax Credit, and a tax cut for lower-income individuals and couples. CBS News campaign reporter Hunter Woodall has more.
Americans are hitting the brakes on their travel spending, according to new reporting from the Wall Street Journal, with executives from companies like Expedia and Hilton expecting Americans to take fewer trips in the coming months, pointing to signs of "softness" in spending. Paula Twidale, senior VP of travel for AAA, joined CBS News to discuss the trend.
Former President Donald Trump took questions from reporters at his golf resort in Bedminster, New Jersey, on Thursday. He criticized Vice President Kamala Harris' economic policies, and said if she's elected, "the worst is yet to come." Political strategists Joel Payne and Matt Gorman join "America Decides" with analysis.
At an event Thursday announcing a deal to lower the cost of popular Medicare drugs, President Biden attacked former President Donald Trump and Republicans in Congress who didn't support the bill that made cutting prices possible. Later in the day, Trump hit back, calling out the current administration for what he considers a lack of action on the economy. CBS News political reporter Zak Hudak joins with analysis.
Former President Donald Trump held a news conference at his golf club in New Jersey on Thursday, his second in a week. Trump said Vice President Kamala Harris' economic policies are causing a catastrophe. CBS News' Fin Gómez and Willie James Inman have more.
Economy 4.0, often referred to as the Fourth Industrial Revolution, signifies a profound transformation in the global economic landscape, driven by the extensive integration of digital technologies and automation across various industries. Key innovations defining Economy 4.0 include Artificial Intelligence (AI), the Internet of Things (IoT), Big Data, Machine Learning (ML), Sustainability and Green Technologies, and collaborative efforts between governments, industry professionals, and academics. Economy 4.0 aims to showcase society's transition towards an interconnected and technologically advanced economy, highlighting how the integration of technology into daily life empowers individuals and society as a whole.
Walmart released its second-quarter earnings report Thursday morning showing an increase in U.S. sales of 4.2% and a total revenue of $169 billion, beating expectations. Kristin Myers, editor-in-chief for ETF.com, joined CBS News to talk about the report and the economy as a whole.
U.S. inflation has dropped to its lowest level in three years. Prices rose 2.9% in July from a year earlier, down from 3% in June, marking the smallest 12-month increase since March 2021, when prices accelerated in the wake of the pandemic. CBS News senior business and technology correspondent Jo Ling Kent explains.
Former President Donald Trump hit the campaign trail in the battleground state of North Carolina, where he gave remarks about his economic agenda. His opponent, Vice President Kamala Harris, is also planning to speak in North Carolina later this week. She is expected to touch on her plan for the economy and highlight some of the successes of the Biden-Harris administration on the heels of a positive inflation report. CBS News chief election and campaign correspondent Robert Costa has details.
With polls tightening, former President Donald Trump used a campaign appearance in Asheville, North Carolina, Wednesday to try and capitalize on one of his perceived strengths, the economy, while attempting to tie his new opponent, Vice President Kamala Harris, to current economic conditions. Caitlin Huey-Burns reports from Asheville.