UAW union members ratify labor deal with General Motors
United Auto Workers union members approved a new contract with GM, making the company the first Detroit automaker to get a ratified deal.
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United Auto Workers union members approved a new contract with GM, making the company the first Detroit automaker to get a ratified deal.
While the price of turkey has dropped compared to last year, many other Thanksgiving classics have seen their prices rise significantly, as inflation continues to take a toll on the economy. Jo Ling Kent has details.
The new book "Permacrisis: A Plan to Fix a Fractured World" examines the crises facing the globe -- and how to solve them. Nobel Laureate and co-author Michael Spence joins CBS News to explain.
The economy, fentanyl and China potentially arming Russia in its war with Ukraine are some of the high-stakes topics that President Biden and Chinese President Xi Jinping could address at their meeting in San Francisco Wednesday. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan reports on the tense relationship between the U.S. and China as the meeting gets underway.
President Biden and Chinese President Xi Jinping met Wednesday on the sidelines of the Asia-Pacific Economic Cooperation summit, as Mr. Biden looks to manage the relationship between the world's two largest economies. Watch their opening remarks.
President Biden is meeting with Chinese President Xi Jinping Wednesday on the sidelines of the APEC summit in California. "Face the Nation" moderator and CBS News chief foreign affairs correspondent Margaret Brennan shares her analysis on what to expect from the high-stakes meeting, and how the U.S. is handling the release of hostages being held by Hamas.
President Biden is in Northern California Wednesday for an economic summit with Indo-Pacific leaders and a crucial meeting with Chinese President Xi Jinping that carries significant implications for future U.S.-China relations. CBS News' Weijia Jiang reports from San Francisco.
Chinese President Xi Jinping is making his first trip to the U.S. in six years to meet with President Biden in San Francisco. Zoe Liu, fellow at the Council on Foreign Relations, joins CBS News to unpack the economic realities that led to the summit.
The Labor Department says the rate of inflation — which measures how much prices are rising — fell to 3.2% in October. Frances Stacey, director of strategy at Optimal Capital, joins CBS News to discuss what this means for your wallet and the country's financial outlook.
A new report from The Wall Street Journal says people are delaying purchasing homes by years and instead choosing to spend their money in other ways. The National Association of Realtors found existing home sales were down more than 15% year-over-year in September. James Rodriguez, a senior real estate reporter with Insider, joined CBS News to discuss the market.
The economy is the issue voters most care about when thinking ahead to the 2024 presidential elections, according to a CBS News poll. CBS News correspondent Lana Zak met with Georgia voters who are divided on the state of the economy.
There are new signs of diplomacy with China. Treasury Secretary Janet Yellen met with her Chinese counterpart -- one week before President Biden meets with Chinese President Xi Jinping. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to discuss what could come out of the talks.
The president usually feels the heat for a down economy in the U.S., but should they? Patrick Egan wrote the book "Partisan Priorities: How Issue Ownership Drives and Distorts American Politics." He joined CBS News to discuss how much credit or blame American presidents should be getting for the state of the economy.
Half of Americans say their financial situation is worse now than it was during the last presidential election, according to a new survey from Bankrate. Only 21% said their financial situation is better since 2020. Mark Hamrick, a senior economic analyst and Washington bureau chief at Bankrate, joined CBS News to discuss the survey's findings.
The shared office space company WeWork, which was at one time valued at $47 billion, has filed for bankruptcy protection.
A $2 bill with a red seal can sell for $300 to $2,500. Those with brown or blue seals can sell for hundreds.
The economy is set to be a hot-button issue ahead of the 2024 presidential election. CBS News' Lana Zak spoke with people in Baldwin County, Georgia, to see how inflation is affecting daily life and how the state of the economy could influence their vote.
One year before the presidential election, new polling shows former President Donald Trump leading President Biden on key issues to voters and in a majority of battleground states. Nancy Cordes reports.
The Federal Reserve on Wednesday held its benchmark interest rate steady for a second consecutive time while upgrading its view of the U.S. economy and leaving open the possibility of additional rate hikes should inflation quicken in coming months. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joined CBS News to discuss the reasoning behind the decision.
Job growth slowed more than expected in October. The Labor Department reports employers added 150,000 jobs to the U.S. Economy. CBS News business and tech correspondent Jo Ling Kent reports on the latest figures.
Kamila Elliott, a certified financial planner, shares advice on how employees can best contribute to their retirement savings decades before exiting the workforce.
A new report from Wells Fargo has found that turkey prices are down 9% this year, while the price of cranberries are up 20%.
Earlier this week, a federal jury awarded $1.8 billion in damages against the National Association of Realtors and several real estate companies for finding that they artificially inflated brokerage commissions. Carter Evans takes a look at what the staggering payout could mean for the real estate industry.
Slight increase in job openings in September indicates U.S. job market remains strong in the face of higher interest rates.
Federal Reserve Chairman Jerome Powell will issue the central bank's latest decision on interest rates Wednesday after pausing rate hikes in September. Greg Robb, a senior reporter and economics editor for MarketWatch, joined CBS News to discuss how the Fed will make its decision.