U.K.'s King Charles says property windfall should go to "wider public"
The royal family owns a lot of property, and plans for new wind farms are making it much more valuable.
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The royal family owns a lot of property, and plans for new wind farms are making it much more valuable.
Despite a spike in tech layoffs, most U.S. employers are holding on to their workers amid a tight job market.
The Dow Jones dropped more than 600 points Wednesday following the release of the December retail sales report by the U.S. Commerce Department. Kayla Bruun, an economic analyst for "Morning Consult", joined CBS News to provide her reaction to the report.
Dow falls more than 600 points, while sharp drop wipes out S&P 500's gains from last week.
The latest Gallup poll shows a record number of Americans delayed medical care in 2022 because they could not afford it. Pediatric airway surgeon Dr. Susannah Hills joined CBS News to break down the data.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
Key health and transport workers, driving instructors, bus drivers and postal workers have all gone on strike in recent months in a standoff with the government.
Inflation has slowed for six months straight, but some grocery store staples have continued to skyrocket in price. Among items leaving consumers shell-shocked at the increased cost: eggs. Carter Evans takes a look.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Tax season begins on Monday, and taxpayers should expect some changes this year. The IRS warned refunds could be smaller because of the expiration of COVID-19 relief initiatives. CBS MoneyWatch associate managing editor Aimee Picchi joined CBS News to discuss.
As the new year kicks off, here are some tips for parents looking to save money amid high inflation.
Popularity of electric vehicles soared in 2022 with around 7.8 million units sold globally. General Motors President Mark Reuss joined CBS News to discuss Chevrolet's new fully electric Corvette and the future of the electric vehicle industry.
Despite signs of inflation easing up, many economists are still expecting the U.S. to fall into a recession. CBS News' Tony Dokoupil and Lana Zak are joined by Harriet Torry, economics reporter for the Wall Street Journal, to discuss the economic outlook.
World leaders and executives are gathering in Switzerland for the annual World Economic Forum. Simon Kennedy, executive editor for economics at Bloomberg News, joins "CBS News Mornings" to explain the main focus points for this year's meeting and how it differs from prior ones.
"Very large food and energy companies are making excessive profits," anti-poverty group chief said.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
The British GDP grew slightly in the month of November, beating expectations from economists. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Anne-Marie Green to discuss what the numbers mean, as well as the impact of loosened travel restrictions for China's economy.
Inflation appears to be slowing, as the Consumer Price Index fell to 6.5% in December. But the price of some items — like eggs — is skyrocketing. The high cost of housing is also having an impact on young people, forcing many to move home with their parents. Nancy Chen takes a look.
The Consumer Price Index fell in December for the sixth straight month. It could be a sign the Federal Reserve will soon ease up on its aggressive interest rate hikes. Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, joined to CBS News for what this news means for the U.S. economy in 2023.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Americans owed more than $1.5 trillion on their car loans in the third quarter. New York Times business reporter Jack Ewing joins CBS News' Debra Alfarone to discuss a potential car bubble, inflation and rising interest rates and advice for consumers.
Stocks climbed Thursday after the latest Consumer Price Index report showed inflation slowing. But Big Tech companies are still going through a series of layoffs. Insider startups and VC reporter Samantha Stokes joined CBS News to discuss the latest on the economy.
There is some positive news in the battle to tame inflation: the Consumer Price Index fell slightly from November to December, marking the sixth straight month of decelerating prices. CBS News reporter Sarah Ewall-Wice joins us with more.
With inflation showing signs of cooling down, Americans may yet evade a recession, experts said.
"People are waiting longer because we can't get to them. It's a lack of capacity in every department," said one ambulance worker.