New economic data shows slight dip
The Producer Price Index fell by 0.1% in August, according to new data released Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Inflation
Economists' top 3 takeaways from the dismal August jobs report
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
Why August jobs report could be concerning
The August jobs report fell short of economists' muted expectations. The Labor Department said U.S. employers added 22,000 new jobs last month. Economists had expected a number closer to 80,000. The unemployment rate also ticked up slightly to 4.3% in August. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Digging into the weak August jobs report
The U.S. economy added 22,000 non-farm jobs in August, below the 75,000 forecast by leading economists. Unemployment ticked up to 4.3%. CBS News' Jo Ling Kent reports and Justin Wolfers, an economics professor at the University of Michigan, joins "The Takeout" to discuss.
White House reacts to lousy jobs report
The White House is downplaying recent jobs data that falls short of expectations. This comes as the Federal Reserve prepares to announce a potential interest rate cut. CBS MoneyWatch correspondent Kelly O'Grady reports, and Willie James Inman has more from the Trump administration.
The government's next jobs report lands Friday. Here's what to look for.
After President Trump expressed "shock" over the pace of hiring in July, much is riding on the employment data for August.
Americans plan to spend less this holiday season, survey shows
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
Retailers warn cost of pantry items to rise
Some major U.S. retailers are warning that the costs of staple pantry items are expected to rise as a result of President Trump's new trade policies. Patrick Thomas, a reporter for the Wall Street Journal, joins with more details.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Inflation remained mostly level in July, though some prices edged up
Prices rose at an annual pace of 2.6% in July, the same rate as the previous month and in line with economist forecasts.
Democrats using inflation to target House Republicans in Labor Day weekend ads
The Democratic Congressional Campaign Committee is citing inflation in ads it's launching over the Labor Day weekend in 35 House districts it says are "in play."
New August economic data
New Consumer confidence data released Tuesday shows a drop in August. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Las Vegas tourism slumps, costing city billions
Tourism in Las Vegas is slumping this summer, costing the city billions. That could signal trouble ahead for the U.S. economy. Andres Gutierrez has new details.
Products impacted by U.S.-EU trade deal
The Trump administration and the European Union are sharing new information about a trade framework between the EU and United States. CBS News senior business and technology correspondent Jo Ling Kent has the details.
4 reasons why the Trump tariffs haven't caused U.S. inflation to soar
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Inflation still outpacing wages, study finds
Four years after the pandemic caused prices to increase, a new study found that U.S. wages have still not caught up with inflation. Sarah Foster, a U.S. economy reporter and analyst for Bankrate, the service that released the report, joins "The Daily Report" to discuss.
Food prices on the rise
The U.S. economy has a case of food-flation. Wholesale prices for fresh veggies soared by a record amount last month while grocery costs were up 2.2% compared to last year. Lisa Rozner reports on how consumers are dealing with rising costs.
July wholesale prices up more than expected
The Dow Jones dipped slightly on Thursday after new inflation data showed that wholesale prices rose more than expected last month. CBS News senior business and technology correspondent Jo Ling Kent reports.
PPI report shows biggest surge in three years. Here's what that means.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Consumers are skipping their usual fast-food breakfasts. Here's why.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
Takeaways from July's inflation report
Consumer prices in July rose 2.7%, the same annual increase as June. However, the core rate, which removes good and energy categories that are more volatile, increased by 3.1%. CBS News business analyst Jill Schlesinger breaks down the report.
U.S. stocks rally toward record highs after better-than-expected inflation data
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than economists expected.
Inflation rate rose by 2.7% in July, CPI report shows
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
What the new CPI report means for the economy
The Labor Department reported that inflation rose at an annual pace of 2.7% last month, slightly better than what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
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