Warsh says inflation is still a concern
Federal Reserve chair Kevin Warsh addressed the U.S. inflation, saying it still remains a concern despite measures taken to navigate higher prices. CBS News' Kelly O'Grady reports.
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Federal Reserve chair Kevin Warsh addressed the U.S. inflation, saying it still remains a concern despite measures taken to navigate higher prices. CBS News' Kelly O'Grady reports.
As wedding costs skyrocket, engaged couples are eager to save. Some are turning to micro weddings to tie the knot.
In a fundraising text for the Republican National Committee, Vice President JD Vance encouraged financially strapped supporters to skip donating, saying, "groceries cost what they cost." Political strategists Kendra Barkoff Lamy and Erin Maguire join with analysis.
The Federal Reserve may soon consider raising interest rates after new data showed inflation didn't change from June and is higher than expected. CBS News contributor J.D. Durkin has more information.
President Trump wants to lower beef prices by importing beef from other countries. U.S. Cattlemen's Association President Justin Tupper pushes back on the plan.
The Personal Consumption Expenditures index was unchanged from June, highlighting stubborn inflationary pressures.
The PCE price index report, which provides an overview of the current state of inflation across goods and services in the U.S., will be released on Wednesday morning. Jessica Inskip, director of investor research at Stockbrokers.com, joins "The Daily Report" to break down what to expect.
There are growing concerns about the bond market and rising borrowing costs. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
Treasury Secretary Scott Bessent is trying to calm nerves in the bond market as it continues to navigate higher borrowing costs. CBS News contributor Javier David reports.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
July's producer price index report showed price pressures were largely flat, with inflation easing slightly. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.
The economy unexpectedly lost 23,000 jobs in July, signaling a slowdown that could complicate the Federal Reserve's next move on interest rates in September. The Trump administration downplayed the jobs report, blaming it on federal downsizing and layoffs in World Cup hospitality. CBS News business producer Emily Pandise has more.
The U.S. economy saw an unexpected 23,000 job losses for the month of July. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
With wages stagnant, inflation up, and the cost of living increasing, more American adults are seeing their parents as potential roommates as they look to save cash. CBS MoneyWatch reporter Megan Cerullo has more.
Here's what employees can expect for a raise in 2027 as companies move away from broad-based pay increases.
With inflation and rising costs, the affordability crisis is prompting some adults to consider rooming with their parents. CBS News' Jericka Duncan spoke with a 34-year-old woman about her decision to move back home.
A new survey examined Americans' attitudes and perceptions toward CEOs and extreme wealth concentration. CBS News contributor Javier E. David responds.
With inflation contributing to price bumps, many families are looking to save on their back-to-school budgets. We took a look at a spending survey.
New CBS News polling shows many Americans don't think President Trump is doing enough to bring down prices. Political strategists Rina Shah and Amirah Sequeira join with analysis.
More Americans are resorting to buying groceries on credit, according to research by the think tank Urban Institute. Washington Post personal finance columnist Michelle Singletary joins "The Takeout" to discuss what's behind the trend.
President Trump holds Cabinet meeting at Camp David; 7 states report cyberattack on water systems.
With inflation up, Americans are expected to spend even more this year on back-to-school purchases. "CBS Mornings" has saving tips, plus how to find deals.