Economic data shows low consumer confidence
U.S. consumers felt less confident about the economy in November amid the government shutdown and inflation, new economic data shows. CBS News MoneyWatch correspondent Kelly O'Grady has more.
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U.S. consumers felt less confident about the economy in November amid the government shutdown and inflation, new economic data shows. CBS News MoneyWatch correspondent Kelly O'Grady has more.
A new report shows consumer confidence has hit its lowest point since April. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The Producer Price Index report, delayed by the government shutdown, shows that prices ticked up in September. CBS News MoneyWatch correspondent Kelly O'Grady has more.
New CBS News polling finds that Americans' feelings about the economy and inflation don't match the messaging being put out by the Trump administration. CBS News executive director of elections and surveys Anthony Salvanto has the numbers.
On Friday night, Republican Rep. Marjorie Taylor Greene of Georgia announced she would resign from Congress in January 2026. Dave Levinthal, investigative journalist for NOTUS, and Tia Mitchell, Washington bureau chief for the Atlanta Journal-Constitution, join to discuss.
A new CBS News poll captures how Americans view potential U.S. military action in Venezuela. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
The U.S. jobs report for September, delayed due to the government shutdown, was released on Thursday. It found that employers added 119,000 jobs in September, more than twice what economists predicted. Despite that, the Dow Jones finished the day in the red. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Although inflation has eased, many Americans say they still feel squeezed financially. Here are five areas where households are feeling the pinch.
In some metro areas, child care expenses amount to more than double what families spend on rent, LendingTree found.
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.
The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America 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 prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
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.
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.
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.
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
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.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
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.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
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.
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.