Child care costs more than the rent in dozens of U.S. cities
In some metro areas, child care expenses amount to more than double what families spend on rent, LendingTree found.
Inflation
What to expect from your Thanksgiving grocery bill
In the past year, food prices are up more than 3%, and President Trump has been getting a healthy serving of complaints. He responded, two weeks before Thanksgiving, by rolling back tariffs on hundreds of food products. Kelly O'Grady explains what to expect with your holiday grocery bill.
Nearly a quarter of households live paycheck to paycheck, report finds
The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America finds.
Food insecurity around the U.S. has risen this year, survey finds
Roughly 14% of U.S. households reported being food insecure between January and October, up from 12.5% in 2024, Purdue University researchers found.
Wholesale turkey prices soar ahead of Thanksgiving. Here's why.
Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
Trump renews focus on affordability
According to CBS News polling, voter concern about the cost of living drove Democrats to big victories in the 2025 elections. Now, President Trump is defending Republicans' record on affordability and floating new initiatives. CBS News MoneyWatch correspondent Kelly O'Grady joins "The Takeout" with more.
Trump administration claims prices are better
The Trump administration is claiming that the economy is making progress despite a gap between wage and price increases. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Holiday spending predictions defy consumer sentiment
As the holiday season approaches, a new survey finds consumer sentiment is at a 3-year low. However, Ali Bauman learns that the data does not seem to be impacting people's spending habits.
Food costs are up, but your Thanksgiving feast will cost less this year
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
Consumers expected to break holiday record
Despite rising inflation and economic uncertainty, Americans are expected to spend a record amount this holiday season. The National Retail Federation's annual holiday forecast estimates Americans will spend more than $1 trillion in November and December. Mark Matthews, chief economist and executive director of research at the National Retail Federation, joins "The Daily Report" to discuss.
You're living in a "K-shaped" economy. Here's how that affects you.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
How the economy could be driving voters
One of the key issues expected to be top of mind for voters on Tuesday is the economy. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
Americans to spend big this holiday despite gloomy economic views
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Halloween candy prices on the rise
Halloween is less than a week away. This year, forget the tricks– the treat prices are proving scary. Ali Bauman has more.
CPI report shows inflation continued to climb in September
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
What's behind the latest inflation numbers?
The Labor Department reports inflation is now at 3% -- the highest annual rate since January. Jo Ling Kent explains.
Inflation ticks up to 3% in September
The Bureau of Labor Statistics released the first piece of economic data since the shutdown began. Delayed more than a week, the Consumer Price Index shows the inflation rate ticked up in September to 3%. Kelly O'Grady has details.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
How rising inflation affected Americans
New data has emerged on the rising inflation rate in September as Americans continue to face higher costs for some of their favorite products. CBS News' Kelly O'Grady reports.
Social Security sets its COLA increase for 2026 at 2.8%
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
New data shows inflation rose in September
New Consumer Price Index data for September has emerged, showing inflation rose but at a slower pace than expected. CBS News contributor Javier E. David has more.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
More details emerge about FlyDubai co-pilot who tried to crash plane
Judge blocks Trump's firing of top federal prosecutor in Seattle
Christa Pike's botched execution follows a pattern of issues with lethal drugs
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