Wildfires take toll on Maui economy

The wildfires in Maui have taken the lives of nearly 100 people and the livelihoods of countless others. Local officials estimate tourism accounts for roughly 80% of the island's economy, with 1.5 million visitors spending $3.47 billion in the first half of 2023. James Tokioka, director of Hawaii's Department of Business, Economic Development and Tourism, joins CBS News to discuss the financial impact of the wildfires and what the biggest priority is for rebuilding.

• Aug 14, 2023
• 6:08

Poll analysis: Views of economy skewed by partisan lens

Views of the national economy have grown more connected to political partisanship.

• Aug 14, 2023

Producer price index up 0.3% in July

Wholesale prices increased three-tenths of a percent for the month of July, according to a report from the Bureau of Labor Statistics. This comes a day after the consumer price index report showed prices rose by two-tenths of a percent last month. Hope King, senior business reporter for Axios, joined CBS News to talk about what those numbers mean for consumers and the economy.

• Aug 11, 2023
• 5:36

Inflation cools, but many struggle to pay bills

Even though inflation has slowed, many Americans are still seeing costs rise for necessities like rent, groceries and utilities. Carter Evans has details.

• Aug 10, 2023
• 1:57

Biden says "economy remains strong"

President Biden praised the numbers in the latest consumer price index report saying it shows the "economy remains strong." The report shows inflation rose for the first time in 12 months, but not as much as experts predicted. CBS News senior White House correspondent Weijia Jiang has more.

• Aug 10, 2023
• 3:05

U.S. inflation rises 0.2% in July, data shows

A new report from the Bureau of Labor Statistics shows prices for consumer goods rose two-tenths of a percent in July, bringing the annual level to 3.2%. Javier David, managing editor for business and markets for Axios, joined CBS News to go inside the numbers and discuss the possibility of further rate hikes.

• Aug 10, 2023
• 4:54

Inflation rose in July, marking the first increase in a year

Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.

• Aug 10, 2023

Biden again touting economy on 3-state tour

President Biden woke up Tuesday morning in Arizona, the first of three stops on a western trip where he'll tout what his administration says is the success of so-called "Bidenomics." CBS News White House reporter Bo Erickson is covering the president in Arizona and has the latest.

• Aug 8, 2023
• 5:22

A Moment With: Liza Landsman

Stash provides simple, automated tools and timely advice that has changed the lives of millions of Americans who now have a path forward to achieve lifelong goals.

• Aug 8, 2023
• 9:16

8/4: CBS News Mornings

Two bodies found in Rio Grande, including one near floating border barrier; Last-minute Labor day weekend getaways that wont break the bank.

• Aug 4, 2023
• 43:53

Hollywood strikes taking a toll on California's economy

In California, film and television production accounts for more than 700,000 jobs and nearly $70 billion a year in wages.

• Aug 4, 2023

New jobs report shows solid labor market

The latest jobs report is showing a strong labor market in the face of inflation-fighting interest rate hikes, with 187,000 jobs added in July. And the unemployment rate is approaching a 50-year low at 3.5%. Daniel Zhao, lead economist at Glassdoor, joined CBS News to discuss the new numbers.

• Aug 4, 2023
• 3:34

Gas prices jump to 9-month high

The average price of a gallon of gas across the U.S. is $3.83 according to AAA, a 9-month high. Wall Street Journal reporter Hardika Singh joined CBS News to discuss the reason for the price spike at the pump.

• Aug 4, 2023
• 4:00

U.S. businesses add 187,000 jobs in July

U.S. businesses added 187,000 jobs in July, keeping pace with June's hiring as employers sought to add staff amid a tight labor market. Job growth has become more muted than earlier this year, Axios managing editor for business and markets Javier David joins CBS News to discuss why.

• Aug 4, 2023
• 4:34

Lollapalooza returns to Chicago this week

Lollapalooza kicks off in Chicago Thursday with the 4-day music festival featuring acts like Kendrick Lamar and Billie Eilish. About 400,000 people are expected to attend this year. Time Out Chicago editor Jeffy Mai joined CBS News to discuss the festival.

• Aug 3, 2023
• 4:06

Impact of U.S. credit downgrade on your money

One of three major credit firms has downgraded the U.S.' credit rating from AAA to AA+. "The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management," Fitch Ratings said in a statement explaining the decision. Javier David, Axios managing editor for business and markets, joined CBS News to discuss the significance of the downgrade and what it could mean for Americans' finances.

• Aug 2, 2023
• 5:25

Biden economic adviser on credit downgrade

Fitch Ratings, one of three major credit firms, downgraded the U.S. credit rating from AAA to AA+ on Tuesday. The Dow Jones, Nasdaq and S&P 500 all closed in the red one day after the news. Bharat Ramamurti, National Economic Council deputy director, joined CBS News to discuss how the Biden administration is reacting to the downgrade.

• Aug 2, 2023
• 7:24

7/31: America Decides

How Trump is framing Georgia election legal troubles; Poll: 34% approve of Biden's handling of economy

• Jul 31, 2023
• 22:37

Where Biden's economic approval stands

President Biden has toured the U.S. touting his administration's economic policies, but do Americans approve of how he has handled the economy? CBS News' executive director of elections and surveys Anthony Salvanto joined "America Decides" to examine the results of new CBS polling on the topic.

• Jul 31, 2023
• 3:32

DeSantis unveils new economic plan

Florida Gov. Ron DeSantis unveiled his new economic plan at a campaign stop in New Hampshire on Monday as he looks to rejuvenate his campaign. DeSantis claims the plan, dubbed the "Declaration of Economic Independence," would bring 3% annual growth. CBS News political reporter Aaron Navarro has the latest from the campaign trail.

• Jul 31, 2023
• 4:45

Poll shows people pessimistic about economy

Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.

• Jul 30, 2023
• 2:16

Most Americans say economy is "struggling"

New CBS News polling shows most Americans, about 60%, still think the economy is struggling. Despite many indicators suggesting the economy is rebounding, including a rising GDP and the central bank no longer predicting a recession, only 15% of Americans see the economy as improving. CBS News executive director of elections and surveys Anthony Salvanto has more. Read more here.

• Jul 31, 2023
• 5:43

Majority of Americans believe economy is "bad"

A new CBS News poll finds 65% refer to the U.S. economy as "bad" even though major economic indicators have been improving. President Biden's aides are promoting the term "Bidenomics" to try to reverse Americans' perceptions. Nancy Cordes reports from Delaware.

• Jul 31, 2023
• 1:33

7/30: Face The Nation

This week on "Face the Nation with Margaret Brennan," new charges of a cover-up were filed against former President Donald Trump in the classified documents case. Plus, some optimistic signs when it comes to the economy.

• Jul 30, 2023
• 46:01

The economy's long, hot, and uncertain summer — CBS News poll

High prices and interest rates are still weighing on personal budgets.

• Jul 30, 2023

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