What to look for in the U.S. government's June jobs report
Forecasters expect job numbers on Friday to show slower hiring in June, clearing the way for the Fed to cut interest rates later this year.
Inflation
Voters explain how they're making 2024 pick
CBS News polls consistently show that democracy and the American Dream itself are on the ballot this November, but why do voters think that? And how do their personal lives shape their views on our national conversations? CBS News executive director of elections and surveys Anthony Salvanto spoke with people from across America, including some who participated in our polls, to find out.
Voters who reject labels discuss 2024 race
In Independence, Oregon, members of one family of voters are pushing back on the idea of political labels. CBS News executive director of elections and surveys Anthony Salvanto spoke with them about their views on the 2024 election.
Voters sound off on inflation
Many Americans say for the last couple of years, their finances either haven't changed or have gotten worse, according to CBS News polling. CBS News executive director of elections and surveys Anthony Salvanto spoke with George Fleur, a landscaper in Shohola, Pennsylvania, and Taliah Ayers, a caregiver in Atlanta, Georgia, about how inflation is playing a role in their 2024 presidential pick.
Houses becoming unaffordable for most
New data shows a growing portion of the U.S. has become unaffordable for home buyers. Meanwhile, insurance companies are backing out of some places because of extreme weather. CBS News contributor Javier David discusses the numbers.
Inflation measure preferred by Fed shows cooling prices
The better-than-expected PCE data is increasing expectations that the Fed could cut rates in September, analysts said.
Issues that could come up at 1st 2024 debate
President Biden and former President Donald Trump are expected to tackle several issues important to voters during Thursday night's debate. CBS News' Jo Ling Kent, Camilo Montoya-Galvez and Shawna Mizelle walk through some of them.
New poll on youngest voter turnout
About a third of U.S. voters ages 18-29 say they are not planning to vote in the 2024 election, according to a CBS News poll. Caitlin Huey-Burns spoke to some young voters about their plan to sit this election out.
Americans frustrated with economy
Inflation showed signs of cooling and both stock indexes and corporate profits are up. But many Americans aren't feeling any economic relief. Mark Strassmann looks at why.
Voters feeling frustrated with inflation
The latest CBS News poll found that 72% of Americans say higher prices have been a hardship or more difficult, and 63% rate the economy as fairly bad or very bad. Mark Strassmann on how voters are feeling amid the signs that inflation is cooling — but not fast enough for many Americans.
These 5 U.S. cities have been hit hardest by inflation
A housing shortage in Texas and minimum wage increases elsewhere are fueling higher than average inflation in some cities.
The state of inflation in the U.S.
There are some indications that prices are falling in some parts of the U.S. economy. This comes after the Federal Reserve's announcement to hold interest rates steady for now. CBS News contributor Javier E. David looks at some key economic indicators as inflation slows slightly.
Inflation eases as Fed holds rates steady
The Federal Reserve left interest rates unchanged Wednesday after the government announced consumer prices in May rose 3.3% year over year. The central bank has been hesitant to cut rates due to inflation. Ben Casselman, economy reporter for The New York Times, joins CBS News to unpack the data.
The Fed expects only one rate cut this year amid sticky inflation
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July 2023.
Federal Reserve holds interest rates steady
The Federal Reserve is leaving interest rates unchanged for now as it awaits a more sustained period of declining inflation in the U.S. economy. CBS News contributors J.D. Durkin and Javier E. David break down the decision.
Inflation eases in May, some prices rise
The Federal Reserve is meeting again to determine if interest rates should remain steady or be altered. The latest data by the Department of Labor shows inflation cooled slightly in May but some consumer prices, including for shelter and food, continued to rise. CBS News' Jo Ling Kent has more.
Inflation eased in May with prices rising less than expected
Key report on consumer prices comes ahead of interest-rate decision by the Federal Reserve in the afternoon.
Inflation cools more than expected in May
Price increases in the U.S. were up 3.3% from last year in May's Consumer Price Index, a smaller increase than was predicted by economists, while month-over-month prices stayed the same. CBS News business analyst Jill Schlesinger has more.
Fed set to make another decision on rates. What are the odds of a cut?
The Federal Reserve will announce its next interest rate decision on June 12. Here's what to expect — and what it means for your money.
Why is the global supply chain so fragile?
The COVID-19 pandemic dislodged the global supply chain, but the vulnerabilities in the system had already been building up for decades. A new book titled "How the World Ran Out of Everything" examines how the health crisis exposed the fragility of a system that was always at risk of collapse. Author Peter Goodman joins to discuss.
Labor market resilient despite inflation concerns
The latest jobs report showed that the U.S. added 272,000 jobs last month, significantly higher than forecasters had expected. Michael George has more.
How the Fed could react to May jobs report
The latest data from the Labor Department shows the U.S. added 272,000 jobs in May. The figure was much higher than economists expected, indicating that the market is not slowing down. CBS News senior business and technology correspondent Jo Ling Kent explains what the report means for the Fed's fight against inflation.
What to look for in the Labor Department's May jobs report
U.S. unemployment rate forecast to stay below 4% for a 28th straight month — that would be the longest stretch in more than 70 years.
European Central Bank interest rate cuts
The European Central Bank has announced a cut to key interest rates after 18 months of declining inflation in Europe's economy. CBS News' Ramy Inocencio has more.
U.S. prices cooled in April, key inflation gauge shows
Prices excluding food and energy rose at an annual rate of 2.8% in April as inflation eased after flaring earlier this year.
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