Key U.S. inflation gauge shows prices continued cooling in August
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
Inflation
Harris tries to sharpen economic message
Vice President Kamala Harris laid out her economic vision in a speech Wednesday in Pittsburgh, Pennsylvania. Bloomberg News senior national political correspondent Nancy Cook and Washington Post national politics reporter Sabrina Rodriguez join CBS News with analysis.
Harris in Pittsburgh for economy plan
Vice President Kamala Harris will present more of her economic plans in Pittsburgh, Pennsylvania, Wednesday. This comes after former President Donald Trump made remarks in Savannah, Georgia, about the economic policies he is proposing. CBS News political director Fin Gómez and CBS News campaign reporter Olivia Rinaldi have more.
Where manufacturing fits into Trump strategy
Former President Donald Trump hammered Vice President Kamala Harris on the economy during a speech in Georgia on Tuesday. Harris is expected to unveil new economic policies of her own on Wednesday. CBS News congressional correspondent Scott MacFarlane has more.
Trump, Harris highlight economic policies
Vice President Kamala Harris and former President Donald Trump are both highlighting their economic proposals in campaign stops this week. Robert Costa has the details on both candidates' plans.
Hit by a sales slump, Olive Garden plans a menu change
Olive Garden's same-restaurant sales dropped in its most recent quarter. Now, it's tweaking its menu.
Poll: Harris makes gains with economic voters
The latest CBS News polling shows Vice President Kamala Harris making up some ground regarding what most voters consistently say is the biggest issue this election: the economy. Harris' support among voters who say the economy is a major factor in the 2024 race has gone up four points since August. CBS News chief White House correspondent Nancy Cordes joins to discuss.
Poll: Harris makes headway on economy
New CBS News polling finds registered voters have a more positive view of the economy now than August. It also reveals that Vice President Kamala Harris has narrowed her deficit with former President Donald Trump among those who call the economy a major factor in their vote. Molly Ball, senior political correspondent at The Wall Street Journal, and Brakkton Booker, national political correspondent with Politico, join "America Decides" with analysis.
Inflation concerns weigh heavily on voters
Many Americans are voting with their wallets this year, which is unsurprising considering the U.S. economy consistently polls as a top concern. Vice President Kamala Harris and former President Donald Trump are offering vastly different proposals for solving the stubborn problem of inflation. Mark Strassmann has an in-depth look at the issue.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Why the Fed cut rates for first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for TheStreet, joins CBS News to explain the Fed's move.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Trump and Harris' views on inflation — their records and what they've said
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's views on combating high prices for Americans.
Map shows average home insurance price in your state as risks rise
Home insurance premiums have at times risen 40% faster than inflation. Extreme weather events are likely to make the expense worse.
U.S. inflation drops to lowest level in years
Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Martin Baccardax, senior editor and chief markets correspondent for the Street, joins to discuss.
Inflation eases ahead of expected rate cuts
The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. Jo Ling Kent has details.
High prices despite cooling inflation
The Federal Reserve could cut interest rates during its Sept. 18 meeting after months of no change. CBS News business analyst Jill Schlesinger breaks down why consumer prices remain high despite inflation dropping to its lowest level since early 2021.
August CPI report shows 0.2% inflation rise
The Consumer Price Index rose 0.2% in August, the same as July, putting the 12-month inflation rate at 2.5%. CBS News contributor Javier David has a look at the numbers and what they might mean for interest rates.
Here are 3 key economic issues to watch for during the Harris-Trump debate
About 8 in 10 adults tell CBS News the economy is a major factor in their vote, outpacing abortion and climate change.
Debate: Harris, Trump on economy, immigration
The economy and immigration are top of mind for voters heading into Tuesday night's presidential debate. CBS News' Jo Ling Kent and Camilo Montoya-Galvez have more on how Vice President Kamala Harris and former President Donald Trump are addressing each issue.
American household incomes rebounded in 2023 to pre-pandemic levels
New Census data finds the typical household earned $80,610 last year, a 4% jump from 2022 and the first significant boost since 2019.
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Employers added 29,000 jobs in September, missing economic forecasts
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