SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
Economy
Elon Musk speaks at SpaceX IPO launch
Elon Musk's SpaceX began trading as "SPCX" on Friday after completing the largest initial public offering in history. The IPO launch has made SpaceX's CEO, already the world's richest person, a trillionaire. Asset TV's Kristin Myers joins CBS News with her take.
Wholesale prices see biggest spike since 2022
The producer price index came in much higher than expected in May, signaling that U.S. consumers may face more inflation in the coming months. CBS News' Kelly O'Grady explains.
Will the SpaceX IPO soar or explode?
SpaceX goes public on Friday, with its initial public offering poised to make waves. Joe Ciolli, executive editor of the First Trade Newsletter at Business Insider, shares his market performance predictions for Elon Musk's aerospace company.
New wholesale inflation data shows huge rise
New Producer Price Index data signals that inflation continues to affect wholesalers more and more. CBS News' Kathryn Watson has more.
Wholesale prices see biggest spike since 2022 as energy costs climb
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
America's birth rate has plunged. Are smartphones to blame?
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
New survey results on U.S. financial stress
A new poll from Edward Jones and Gallup of more than 5,000 adults found only 16% felt financially "fulfilled." More than half said they feel financially "conflicted," experiencing both stability and uncertainty. 32% were financially stressed. Washington Post columnist Michelle Singletary joins "The Daily Report" to discuss her article about the poll.
Teachers leaning on side hustles
Over a third of U.S. workers now hold multiple jobs just to keep up, according to a recent survey by ZipRecruiter. Meg Oliver shows how many school teachers are working side hustles in this "Affordability in America."
Inflation topped 4% in May as CPI surged to highest level in 3 years
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
U.S. inflation hits 3-year-high
The U.S. saw its highest inflation since April 2023 in May, according to the latest numbers from the Bureau of Labor Statistics. Kelly O'Grady has more.
What May inflation signals about state of economy
Inflation in the U.S. accelerated in May to its highest level in more than three years. CBS News' Kelly O'Grady breaks down the numbers.
Why consumer prices jumped in May
U.S. consumers paid higher prices once again in May, with inflation at its highest level in over three years. According to the latest report from the Bureau of Labor Statistics, consumer prices accelerated at an annual rate of 4.2%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Breaking down May's inflation report
Inflation surged again in May due to high energy costs and supply constraints worsened by the Iran war. Madison Mills, a senior reporter at Axios, joins to discuss.
Iran, U.S. trade attacks overnight
U.S. officials say they hit nearly 20 Iranian targets overnight in response to the downing of an Apache helicopter earlier this week. CBS News' Eleanor Watson and Natalie Brand report.
Inflation surges to 4.2% in May CPI report
Household budgets are under increased pressure as new Consumer Price Index data shows inflation rose to 4.2%, the highest level since April 2023. The Federal Reserve will meet later in June to discuss interest rates. CBS News' Kelly O'Grady breaks it down.
Nearly half of Americans say they're worse off financially than a year ago
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Trump touts U.S. economy to Wisconsin farmers
The U.S. added 172,000 jobs in May, according to the monthly jobs report. Meanwhile, President Trump touted his economic policies to farmers at an event in Wisconsin.
The job market is much stronger than economists expected. Why?
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
172,000 jobs added in May
Job creation is not roaring in the U.S., but it is running well ahead of expectations. The economy created 172,000 jobs in May, employment data shows. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Economic breakdown as stock market surges
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down how the economy is performing as stocks surge and what you should do if you're looking to invest.
Could Intel's chips save the U.S. economy?
Patrick McGee, a contributing writer for The Free Press, joins CBS News 24/7 to discuss his latest column about how Intel's semiconductor chips could be the key to bolstering the U.S. economy. Paramount Skydance owns The Free Press and CBS News.
AARP CEO on on aging adults in workplace
Americans 50 years and older contribute $12.5 trillion to the U.S. economy, according to a new AARP report. Dr. Myechia Minter-Jordan, the CEO of AARP, joins to break down the report.
Behind the decline of summer jobs for teens
A new report finds summer hiring for teens is expected to fall to its lowest level in nearly 80 years. Harvard economist and CBS News contributor Roland Fryer explains what's driving the decline.
Wholesalers, restaurateurs on rising prices
Wholesalers and restaurant-owners explain to Jason Allen how they're trying to absorb rising costs, rather than pass them on to customers.
Texas dad deported to Ghana was then forced to go to Mali, he says
Investigation
Betting companies cap winners while lavishing losers with rewards
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