Hotter-than-expected inflation raises chances of Fed rate hike
Inflation rose at a monthly pace of 0.4%, hotter than economists had forecast and raising expectations that the Federal Reserve will increase interest rates in December.
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Inflation rose at a monthly pace of 0.4%, hotter than economists had forecast and raising expectations that the Federal Reserve will increase interest rates in December.
U.S. consumer prices rose at a higher rate than expected in October, according to the October Consumer Price Index (CPI) report. CBS News' Kelly O'Grady explains more.
Protests continue in France for a fourth straight weekend as demonstrators voice their discontent over high cost of living and degraded public services. Ramy Inocencio has more.
Many Americans plan to cut back on necessities during the holidays, according to survey from U.S. News & World Report. U.S. News & World Report consumer analyst Adriana Ocañas shares more takeaways on how Americans are spending their money.
After the Democratic midterm sweep, the officials will be tasked with delivering on their campaign promises once sworn in. CBS News' Fin Gómez breaks down their top priorities and Marc Caputo looks ahead to 2028.
McDonald's CEO Christopher Kempczinski said the company is testing new value pairings at select U.S. locations.
President Trump agreed with Vice President JD Vance that the Iran war may have cost Republicans during the 2026 midterm elections. CBS News' Olivia Rinaldi and Aaron MacLean have more details.
President Trump shared some mixed messaging on Iran ahead of the midterm elections. This comes as the war's economic consequences weigh heavily on many. CBS News' Nicole Sganga has more.
Hispanic and Latino voters could have an enormous impact on the midterm elections. Clarissa Martínez de Castro, vice president of the UnidosUS Latino Vote Initiative, shares her thoughts.
Vice President JD Vance was in Rome, New York, on Monday campaigning on behalf of Republican congressional candidate Anthony Constantino in the state's 21st district. Democrat Blake Gendebien is challenging Constantino for Trump ally Elise Stefanik's seat. Gendebien joins "The Daily Report" to discuss.
With Halloween pricing up, Ash-har Quraishi shares tips to save.
Ken Salazar, a former U.S. secretary of the interior, shares his perspective on how Latino communities could shape the results of the midterm elections.
Mere days remain until Americans decide the balance of power in the midterm elections. Republican strategist Kevin Sheridan and Democratic strategist Chuck Rocha weigh in.
The Federal Reserve has decided to hold interest rates steady despite high inflation. CBS News' Kelly O'Grady has more.
The Federal Reserve held interest rates steady on Wednesday after raising borrowing costs in September to clamp down on inflation. CBS News' Kelly O'Grady breaks it down.
Fed officials will unveil their latest interest rate move this week, following the September rate hike, the first in three years.
Early voting is underway in some states. Ameshia Cross, a Democratic strategist who also served as a communications adviser on former President Barack Obama's 2012 reelection campaign, weighs in on the 2026 midterm elections.
The value of President Trump's personal oil and gas stock holdings has nearly doubled since his war with Iran began, according to a report by Democrats on the Congressional Joint Economic Committee. CBS News' Olivia Rinaldi has more.
President Trump is visiting Mississippi on Monday, a historically bright-red state that he won in 2024, when he gained more than 60% of the vote. Ashton Pittman, a news editor for the Mississippi Free Press, joins "The Daily Report" to discuss the midterm elections there.
The midterms are days away, and new polling data suggests voters are heading to the polls over certain issues. CBS News' Fin Gómez, Nancy Cordes and Ed O'Keefe have the latest.
Recent CBS News polling shows affordability and inflation concerns continue to matter to voters ahead of the midterms. CBS News' Nancy Cordes reports.
In the first six months of 2026, more than 7,500 restaurant locations have closed nationwide. Mark Strassmann reports that rising costs and declining sales are forcing some to make tough decisions.
American farmers are struggling with high prices as the Iran war and the Trump administration's tariffs drive up costs. President Trump announced an $8 billion relief fund for farmers ahead of the midterm elections. Founder and president of the National Black Farmers Association John Boyd Jr. shares his thoughts.
President Trump continues campaigning for Republicans as Election Day nears. CBS News' Kathryn Watson reports.
Sen. Elizabeth Warren is urging the U.S. Department of Agriculture to reverse cuts to the food-stamp program as consumers shoulder $22 billion in additional food costs.