Amazon, Walmart and Target summer sales
Walmart and Target are launching their own sales to go up against Amazon's Prime Day on July 16 and 17. Business Insider senior retail reporter Alexander Bitter joined CBS News to discuss the deals.
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Walmart and Target are launching their own sales to go up against Amazon's Prime Day on July 16 and 17. Business Insider senior retail reporter Alexander Bitter joined CBS News to discuss the deals.
The economy, immigration and foreign policy are all expected to come up during the presidential debate. But what are Americans hoping to hear from the candidates on Thursday night? CBS News executive director of elections and surveys Anthony Salvanto unpacks the latest polling.
The Biden campaign is working to bolster support for the president just days before he arrives in Atlanta for the first presidential debate. Georgia Sen. Jon Ossoff and Atlanta Mayor Andre Dickens held an event Tuesday with small business owners to highlight the president's economic record. CBS News campaign reporter Aaron Navarro has more.
Pennsylvania was key to President Biden's 2020 win, and it's just as critical this time. Rep. Brendan Boyle, one of the Keystone State's Democratic congressmen the president sees and speaks with most often, joins "America Decides" to discuss what Mr. Biden needs to do to win the battleground state in 2024.
Economists including Joseph Stiglitz and Robert Shiller are signatories on a letter cautioning that Trump's plans could harm the U.S. economy.
About a third of U.S. voters ages 18-29 say they are not planning to vote in the 2024 election, according to a CBS News poll. Caitlin Huey-Burns spoke to some young voters about their plan to sit this election out.
Several fast food chains are introducing new, cheaper meals following complaints from customers about rising prices. The price of a fast food meal has outpaced inflation, rising about 5% in the last year. CBS Bay Area's Kenny Choi has more.
Earlier in June in Las Vegas, former President Donald Trump said he'd work to eliminate taxes on tips in a second term. CBS News senior White House and political correspondent Ed O'Keefe listened to what voters had to say about the proposal.
The oldest members of Generation X are turning 59, but a new study from investment bank Natixis shows a stark picture of how much money they've set aside for retirement. The study found the average retirement savings of Gen X households is only about $150,000, with nearly half of the participants saying they would need a miracle to ever retire. CBS News contributor Javier David has more on the study.
Nvidia launched in 1993 as a tech startup developing advanced video game graphics, and it's now the most valuable company in the world. Axios chief financial correspondent Felix Salmon joins to discuss what's behind the company's growth.
The 2024 election will likely come down to how seven battleground states vote, including President Biden's home state of Pennsylvania. According to AdImpact, so far more than $21 million has been spent on campaign ads in the Keystone State — more than any other battleground. CBS News Pittsburgh's Jon Delano looks at the race in the key state and the issues that matter most to voters there.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
Inflation showed signs of cooling and both stock indexes and corporate profits are up. But many Americans aren't feeling any economic relief. Mark Strassmann looks at why.
Neel Kashkari, the Minneapolis Federal Reserve president, tells "Face the Nation" that "it's certainly possible" unemployment will continue to tick up and there will be some economic "cooling" over the next few weeks. "We are looking at what I call a high-pressure economy in some dimensions, but there's also some evidence that it's cooling," he said.
The Federal Reserve left interest rates unchanged Wednesday after the government announced consumer prices in May rose 3.3% year over year. The central bank has been hesitant to cut rates due to inflation. Ben Casselman, economy reporter for The New York Times, joins CBS News to unpack the data.
A new Politico-Morning Consult poll finds 52% of people view Vice President Kamala Harris unfavorably. The rocky numbers won't and can't keep Harris off the campaign trail, who spent Wednesday in Charlotte, North Carolina, touting the administration's economic agenda. CBS News campaign reporter Shawna Mizelle has more.
The Federal Reserve is leaving interest rates unchanged for now as it awaits a more sustained period of declining inflation in the U.S. economy. CBS News contributors J.D. Durkin and Javier E. David break down the decision.
Price increases in the U.S. were up 3.3% from last year in May's Consumer Price Index, a smaller increase than was predicted by economists, while month-over-month prices stayed the same. CBS News business analyst Jill Schlesinger has more.
President Biden will head to Italy Wednesday for meetings with leaders of the world's most advanced economies at the G7 Summit. As part of the summit, the president is scheduled to have a joint news conference with Ukrainian President Volodymyr Zelenskyy. CBS News senior White House and political correspondent Ed O'Keefe has more.
The COVID-19 pandemic dislodged the global supply chain, but the vulnerabilities in the system had already been building up for decades. A new book titled "How the World Ran Out of Everything" examines how the health crisis exposed the fragility of a system that was always at risk of collapse. Author Peter Goodman joins to discuss.
The U.S. Labor Department on Friday released the May employment report, which showed that the economy added a better than expected 272,000 jobs — about 100,000 more than the previous month. The unemployment rate also edged up to 4%. Jill Schlesinger has more.
The latest data from the Labor Department shows the U.S. added 272,000 jobs in May. The figure was much higher than economists expected, indicating that the market is not slowing down. CBS News senior business and technology correspondent Jo Ling Kent explains what the report means for the Fed's fight against inflation.
A staggering 272,000 jobs were added in the U.S. last month, according to the Labor Department's May jobs report. The data beats analysts' predictions and signals hopeful news for the economy, but the unemployment rate rose to 4%. CBS News business analyst Jill Schlesinger has more.
U.S. unemployment rate forecast to stay below 4% for a 28th straight month — that would be the longest stretch in more than 70 years.
TXSE Group aims to launch by 2026.