Squeezed by inflation, more Americans fall behind on their debts
Credit card and auto loan delinquencies are near historic highs as rising prices leave more people struggling to keep up with payments.
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Credit card and auto loan delinquencies are near historic highs as rising prices leave more people struggling to keep up with payments.
President Trump is headed to Ohio to rally Republicans ahead of the midterms. This comes as inflation remains high and as the war in Iran continues to affect gas prices. CBS News' Aaron Navarro reports.
Trade wars, tariffs and the Iran conflict are hiking up costs for the everyday American. "CBS Evening News" takes a look at how it's impacting farmers, business owners and others around the country.
The Trump administration is touting 70 million children enrolled in long-term investment accounts dubbed Trump Accounts. David Zervos, counselor to the Treasury secretary, joins "The Takeout" to discuss how the program works and more.
U.S. stock markets hit a record high Tuesday amid major inflation and skyrocketing fuel prices. CBS News business analyst Jill Schlesinger breaks down how you can respond.
Holiday shopping is hitting high gear as Amazon kicks off Prime Big Deal Days. Kelly O'Grady has more.
Democrats and Republicans are weighing the state of the economy under President Trump, especially rising prices, as they prepare to vote in the midterms. CBS News' Anthony Salvanto has more on how Democrats may fare in the battle to control the House of Representatives. Also, Taurean Small has more on President Trump's next campaign stop.
A recent CBS News poll shows how Americans are feeling ahead of the midterm elections. The battleground tracker estimates that Democrats have an advantage in the House and indicates that high prices and inflation continue to affect voters' thinking. CBS News' Anthony Salvanto reports.
The U.S. economy added 29,000 jobs in September, a disappointing number for economists and forecasters. CBS News' Emily Pandise and Ed O'Keefe report.
Mounting food costs are stressing Americans out more than any other financial pressure, a new survey from the Kitchen Table Project finds. Former Federal Reserve vice chair and Kitchen Table Project chair Lael Brainard shares her thoughts.
Flight costs have skyrocketed as President Trump's war in Iran causes oil prices to soar. Former New Hampshire Gov. Chris Sununu is the President and CEO of airline lobbying group Airlines for America. Sununu shares his thoughts on high prices and the state of the airline industry.
The surge in diesel prices this year is putting a financial squeeze on schools, farms and small businesses around the U.S.
Oil prices continue to rise as a result of the war with Iran. The average cost of regular gas is now $4.48, and diesel is $6.53, according to AAA. Yahoo Finance reporter Brooke DiPalma has more on whether a diesel export ban would be effective in curbing gas prices.
Investors are increasingly nervous about rising inflation, which could require the Federal Reserve to hike interest rates.
Iowa farmers are awaiting relief news as President Trump meets with China's Xi Jinping. Meanwhile, some are reconsidering their political backing while inflation impacts their crops. CBS News' Lana Zak reports.
The 30-year fixed rate mortgage in the U.S. has gone over 7% for the first time since May 2024. CBS News business contributor Javier David breaks down what's driving the spike.
President Trump spoke on the U.S. war with Iran during his address at the United Nations General Assembly.
Travel costs are up as fuel prices soar. The Points Guys managing editor Clint Henderson shares his cost saving tips.
President Trump told Axios that his next move could be to "annihilate" Iran. CBS News' Aaron Navarro reports.
The Fed's first rate hike in more than three years underscores the challenge of taming inflation as the Iran war drags on.
CBS News business analyst Jill Schlesinger explains how the Federal Reserve's interest rate hike for the first time since 2023 could impact Americans.
President Trump lashed out at the Federal Reserve after the central bank voted to raise interest rates by 0.25 percentage points. CBS News' Aaron Navarro has more.
The Federal Reserve raised interest rates by 0.25 percentage points, defying President Trump's push to cut them. This comes as the Iran war drives up oil prices and inflation remains high. CBS News' Weijia Jiang reports.
The Federal Reserve raised interest rates by a quarter of a percentage point. President Trump slammed the decision. CBS News' Aaron Navarro reports, and Fintech.TV anchor Kristin Myers also joins to discuss.
The Federal Reserve raised interest rates for the first time in three years on Wednesday, a sign of concern about rising prices. Meanwhile, the cost of diesel fuel hit a new record on Wednesday, for the eighth day in a row. Nancy Cordes reports on rising prices and Kelly O'Grady has more details on the Fed's decision.