Consumers fed up with soaring fast food prices
While Americans are saving a little money at the grocery store, dining out is another story. Jo Ling Kent reports on the high cost of fast food.
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While Americans are saving a little money at the grocery store, dining out is another story. Jo Ling Kent reports on the high cost of fast food.
U.S. inflation cooled slightly in April, but President Biden says prices are still too high. CBS News executive director of elections and surveys Anthony Salvanto explains how voters feel about rising prices' impact.
New Consumer Price Index data indicates inflation slightly slowed in April, but certain costs of living, like gas prices and shelter, are still increasing. CBS News senior business and technology correspondent Jo Ling Kent reports.
The White House announced new tariffs on Chinese imports Tuesday as part of an effort to protect U.S. businesses. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess the policy changes.
President Biden announced new steps Tuesday to keep China from undercutting U.S. companies. His administration is hiking tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. CBS News chief White House correspondent Nancy Cordes reports.
President Biden announced Tuesday increased tariffs on certain goods from China, including electric vehicles. CBS News chief White House correspondent Nancy Cordes breaks down the new tariffs on some imports.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
If you buy more items than you need to get a discount, you might be guilty of "spaving" -- or spending more to save money. While retailers' clever marketing ploys convince you you're getting a deal, the practice often leads to overspending. CBS News MoneyWatch reporter Megan Cerullo explains the financial pitfall and how to avoid it.
With the 2024 election less than six months away, President Biden is traveling to the West Coast on Thursday night to drum up support. Kevin Munoz, spokesperson for the national Biden 2024 campaign, joins "America Decides" to discuss what the president has planned.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
A majority of voters says the economy is a major factor for them. President Biden visited Racine, Wisconsin, on Wednesday, the future home of a Microsoft data center. It's also where his predecessor, former President Donald Trump, touted a project that ended up falling flat as Mr. Biden looks to contrast their economic records.
President Biden highlighted Microsoft's plans to build a new data center during his recent visit to Wisconsin, saying it would be transformative and likely create thousands of jobs. CBS News campaign reporter Aaron Navarro has more.
Vice President Kamala Harris was in Detroit on Monday as a part of her nationwide economic opportunity tour. CBS News campaign reporter Nidia Cavazos has more.
According to the Labor Department, job growth slowed across the U.S. in April but remained healthy. While the number of jobless claims remains historically low, a Business Insider report is warning of a possible white-collar recession. Aki Ito, chief correspondent at Business Insider, joins CBS News to explain.
U.S. job growth cooled in April, according to new data by the Department of Labor. Jared Berstein, the chair of the United States Council of Economic Advisers, joins CBS News with his outlook on the new numbers.
The U.S. job market appears to have slowed last month. 175,000 jobs were added in April, falling short of expectations, while the unemployment rate came in at 3.9%. CBS News business analyst Jill Schlesinger has more.
Some companies are offering fixed monthly checks from a portion of workers' 401(k) retirement plans, according to a new report by the Wall Street Journal. CBS News contributor Javier E. David breaks down the process gaining momentum.
The Federal Reserve announced Wednesday it is keeping interest rates steady. The move comes as the central bank continues to deal with inflation. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss.
The Federal Reserve announced Wednesday it is leaving interest rates unchanged. Rates are the highest they've been in more than twenty years. CBS News senior business and technology correspondent Jo Ling Kent joins to discuss.
A new CBS News poll shows that more than one-third of Michigan voters want President Biden to encourage Israel to stop its military actions in Gaza. Dearborn Mayor Abdullah Hammoud joins "America Decides" to discuss how the war in Gaza could impact the president's reelection chances.
CBS News business analyst Jill Schlesinger breaks down what to know as the Federal Reserve is set to meet to discuss interest rates that remain at a 23-year high since last summer.
New CBS News polling has President Biden and former President Donald Trump in a dead heat in three key swing states. CBS News campaign reporter Aaron Navarro spoke with Michigan voters about the tight contest.
President Biden, Vice President Kamala Harris and other White House officials have been on the campaign trail touting the administration's economic achievements. However, Americans in several battleground states say they are not satisfied with the current state of the economy. Shalanda Young, director of the U.S. Office of Management and Budget, joins "America Decides" to discuss.
Vice President Kamala Harris kicked off a tour focusing on economic opportunity Monday in Atlanta, working to drum up support with Black and young voters. Nidia Cavazos, Joel Payne and Leslie Sanchez join with more.
New CBS News polling shows President Biden and former President Donald Trump neck and neck in Michigan, Pennsylvania and Wisconsin with voters ranking the economy as their top issue going into the election. CBS News chief election and campaign correspondent Robert Costa has more.