Wholesale inflation up 0.6% in February
Wholesale inflation saw its biggest increase since last summer in February, rising 0.6% according to the Producer Price Index. CBS News business analyst Jill Schlesinger has more.
Economy
SF Mission District's La Vaca Birria owner defends price of his $22 burritos
A restaurant owner in San Francisco's Mission District responded to concerns from a customer about the rising cost of one of the burritos on his menu, which has spiked to $22.
How Fed could react to hot February inflation
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
Inflation hotter than expected in February
New economic data shows inflation ticked up last month at a higher-than-expected rate. The Consumer Price Index rose four-tenths of a percent in February with a marked increase in the cost of shelter and gasoline. CBS News contributor Javier David has more.
Crises at major canals threaten global trade
Nearly 20% of global trade goes through two canals and both are in crisis. Attacks from the Houthis have slowed Suez Canal traffic, and in Panama, climate is the culprit. Costas Paris, senior reporter at The Wall Street Journal, joins CBS News to explain what the slowdowns mean for the world.
U.S. adds more jobs than expected in February
The U.S. added 275,000 jobs in February, exceeding economists' expectations. Meanwhile, the unemployment rate jumped to its highest level in over two years. Javier David, managing editor for business and markets at Axios, joins CBS News to examine the numbers.
Biden touts economic record, infrastructure
In his 2024 State of the Union address, President Biden ran through his legislative achievements during his first term in office. He highlighted a $1.2 trillion infrastructure package to revitalize the nation's roads, bridges, waterways and public transit, and legislation that aims to boost domestic production of semiconductor chips.
Biden aide previews State of the Union speech
President Biden will highlight many of his top priorities at the 2024 State of the Union address. Ben LaBolt, White House communications director, joins "America Decides" to discuss the speech.
Most Americans see state of the union as divided
A third of Americans want to hear more from President Biden. They'll get that chance today.
How China plans to fix its economic slowdown
China is holding its biggest political meeting of the year. Anthony Saich, Daewoo Professor of International Affairs at Harvard Kennedy School, joins CBS News to discuss what measures Chinese leaders are taking to address an economic slowdown and what this means for the rest of the world.
Previewing 2024 State of the Union address
President Biden is set to deliver the 2024 State of the Union address Thursday as he lags behind Donald Trump in the polls. CBS News senior White House and political correspondent Ed O'Keefe has more.
New rule to cap credit card late fees
The White House has announced a rule to cap all credit card late fees at $8 as part of the Biden administration's efforts to crack down on what it calls "junk fees." The previous average late fee was around $32. CBS News business analyst Jill Schlesinger has more.
Voters say Trump's economy was better than Biden's. Here's the data.
Americans are sour on the post-pandemic economy, even as experts give it good ratings. Here's how the economy under the two presidents compare.
CBS News polling: Biden's, Trump's weak spots
Candidates who win their party nominations have plenty of strengths, but they are not without their flaws and their opponents are sure to seize on them. CBS News' executive director of elections and surveys Anthony Salvanto joins with new poll data to help explain some of President Biden's and Donald Trump's weak spots.
Poll: Trump leads Biden before Super Tuesday
New CBS News polling shows Donald Trump with an advantage over President Biden with one day until Super Tuesday. CBS News' Robert Costa and Ed O'Keefe join to go over the numbers.
CBS News poll finds voters remember Trump's economy as good
A new CBS News poll finds that voters are remembering former President Donald Trump's economy as good, which is boosting his lead in the potential 2024 matchup with President Biden. Anthony Salvanto has more.
Creative shopping for high food costs
As food inflation continues to persist, some shoppers are getting creative with the way they shop for groceries and plan meals. The Wall Street Journal reports consumers are cutting down on eating out, leaning more on coupons and changing the kind of food they eat. Heather Haddon, the co-writer of that Wall Street Journal story, joined CBS News to discuss.
U.S. economy grew 3.2% in 2023's 4th quarter
New data from the federal government shows the U.S. economy isn't slowing down, growing 3.2% in last year's fourth quarter. Jeanna Smialek, Federal Reserve and economy reporter for the New York Times, joined CBS News to discuss the numbers.
Wendy's plans to test surge pricing in 2025
Wendy's is planning to roll out a "dynamic pricing" model for its menu in 2025, meaning prices will change throughout the day based on a few different factors. CBS News senior business and technology correspondent Jo Ling Kent explains.
Wendy's to introduce surge pricing in 2025
Wendy's says it will introduce surge pricing in 2025, meaning the cost of a burger or Frosty could go up at the busiest times of the day. Jo Ling Kent reports.
FTC sues to block Kroger-Albertsons merger
The Federal Trade Commission is suing to stop the proposed $25 billion deal between Kroger and Albertsons for what would be the biggest grocery store merger in U.S. history. CBS News senior business and technology correspondent Jo Ling Kent has more.
Economists see brighter outlook for 2024. Here's why.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
Home prices, mortgage rates remain high
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
What's behind the rise in labor productivity?
Business sector productivity — the output per American worker — has grown more than 3% for three consecutive quarters, according to the U.S. Bureau of Labor Statistics. New York Times economics reporter Ben Casselman joins CBS News to discuss why productivity is rising and what it means for workers and consumers.
U.S. food prices at 30-year high
Even though economic reports show inflation is letting up, Americans are spending more on food than they have in three decades, according to new data from the Labor Department. Restaurants and food company executives are blaming labor and production costs. Jesse Newman, food reporter for The Wall Street Journal, joined CBS News to discuss the high prices.
Judge rejects DOJ's push to force California to set aside ballots
Investigation
Classified material missing from Epstein files, documents suggest
Live
Obama and Trump hold dueling rallies as midterm campaigns make final pitch
Hegseth fires Pentagon's top military planner over alleged leaks
Experts react to new findings on CTE in former NFL players
Live
Qatari mediators hand Iran new proposal to end the war
High-speed train crash in Spain kills at least 68, injures dozens
RFK Jr. to ease access to unapproved peptides, draft policy states
