Credit card interest rates hit record high
The average interest rate for a credit card has climbed to a record high as the Federal Reserve keeps hiking interest rates to curb inflation. Lilia Luciano takes a look.
Inflation
Inflation showed signs of slowing in October
According to a monthly report released by the Labor Department Thursday, the consumer price index rose 7.7% from October 2021 to October 2022, an indication that inflation may finally be easing. Lori Bettinger, president of BancAlliance, joined John Dickerson to discuss the latest inflation data, and what it means for the economy.
MoneyWatch: Inflation at lowest since January
The annual rate of inflation has hit 7.7%, the lowest level since January. CBS News business analyst Jill Schlesinger joins CBS News' Lana Zak and Errol Barnett on what this means for families who've dealt with high prices for months.
Dow surges on lower inflation report
Markets surged Thursday as investors cheered the lower-than-expected October Consumer Price Index. John Leer, chief economist at Morning Consult, joins CBS News' Lana Zak and Errol Barnett to discuss the potential impact on interest rates and the overall economic outlook.
Dow soars 1,000 points on better-than-expected inflation report
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
30-year fixed mortgage rate climbs again
The average rate of a 30-year mortgage climbed back to 7.08%, the highest in two decades. CBS News’ Lana Zak and Errol Barnett speak with Dory Wiley, president & chief executive officer of Commerce Street Holdings, on what’s driving the increase in mortgage rates.
U.S. consumer prices rose
The consumer price index rose 7.7% in October from a year earlier. Javier David, managing editor for business and markets at Axios, joined CBS News' Anne-Marie Green and Nancy Chen with a look at how the markets are reacting.
Inflation, bird flu send turkey prices soaring
Janet Shamlian traveled to an Indiana turkey farm, where she found inflation is not the only reason this year's Thanksgiving meal is going to cost more.
Stock market falls as midterm results come in
The stock market fell more than 600 points on Wednesday, erasing Tuesday's gains. Managing Director of Wedbush, Dan Ives, joins CBS News to discuss the markets' reaction, the recent fall in demand for mortgages, and tomorrow's Consumer Price Index report.
Stock market responds to midterm elections
The stock market has dipped as midterm election results are released amid continued political uncertainty. Javier David, managing editor of business and markets for Axios, discusses initial market reaction and the relationship between the financial markets and election results.
U.S. stocks tumble with election results still up in the air
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
How the year's news is driving the midterms
2022 has been full of history-making news stories and many of them are a big part of what's driving voters to the polls. CBS News national correspondent Errol Barnett discusses the news events on voters' minds in "The Pulse of the Nation."
How the uncertain economy is affecting voters
The economy has been front and center in the minds of many voters and throughout the campaign season. CBS News national correspondent Errol Barnett looks at the issue of the economy by the numbers, with another dive into the "Pulse of the Nation."
Economy at forefront of Nevada midterms
CBS News correspondent Manuel Bojorquez takes us through a tight Senate race in Nevada.
Key issues driving voters to the polls
The economy and crime are two major issues voters are focusing on as they cast their ballots. Republican Strategist Leslie Sanchez and Democratic Strategist Antjuan Seawright join "CBS News Mornings" in a panel discussion about what is driving voters to the polls and how major issues are impacting their votes.
Parents on the issues influencing their vote
Caitlin Huey-Burns spoke with "pressured parents" in Pennsylvania about what's driving them to vote. Crime, inflation and abortion access are among their concerns. They could be the difference in the state's high-stakes election.
How "pressured parents" may help determine who prevails in the 2022 midterms
"Pressured parents" could be the difference in Pennsylvania's high-stakes election and could help determine who controls Congress.
Jan. 6 is key issue in Virginia House race
While inflation and abortion rights remain major topics of concern for voters in the upcoming midterm elections, incumbent Rep. Elaine Luria of Virginia is making sure the Jan. 6 Capitol riot is at the forefront of voters’ minds in her congressional race with Republican challenger Jen Kiggans. Scott MacFarlane has more.
Employers add 261,000 jobs in October
The U.S. Department of Labor reported today U.S. employers added more than 260,000 jobs last month -- exceeding expectations. But, the unemployment rate also rose 3.7%. Daniel Zhao, a senior economist for Glassdoor, breaks own the latest jobs report.
October jobs report
The latest jobs report shows 261,000 new jobs were added in October and the unemployment rate edged up slightly to 3.7%. The president of BancAlliance and former director of the Treasury Department's Troubled Asset Relief Program discusses what this data signals about the economy and CBS News senior White House correspondent Weijia Jiang reports on how the jobs numbers could impact the midterm elections.
Experts see a "resilient" U.S. economy. Voters aren't buying it.
Although the country continues to move forward, one inflation-walloped voter asks: "What do I cancel next?"
Jobless claims drop as Fed hikes interest rates
The Labor Department reported a drop in jobless claims for the week ending Oct. 29. This comes as the Federal Reserve hiked interest rates this week in an effort to tame rising inflation. Nick Bunker, economic research director for the Indeed Hiring Lab, joined CBS News to help bring clarity to the state of the economy and project what could be next.
Inflation fuels increased home heating costs
Higher fuel prices are expected to make this a tough winter for homeowners. But there are ways to help you save on your heating bills. Meg Oliver has more.
Business analyst gives housing market update
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to provide an update on the housing market, as mortgage rates hit a 20-year high. She also checks in on the rental market and provides advice for homeowners staying in their homes.
Mortgage rates dip for first time in months
Mortgage rates dipped for the first time in months as the Federal Reserve announced its latest interest rate hike. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" with the latest.
Tennessee prison system head to resign after failed Christa Pike execution
Jane Doe's attorney says "she was incapable of consent," alleges cover-up
Medical plane missing near Nantucket with 6 on board, authorities say
Live
Senior Trump administration officials met to discuss Iran war at Camp David
Iowa approves pricy foreign-owned steel plant project in swing district
More details emerge about FlyDubai co-pilot who tried to crash plane
U.K. police accuse 2 Iranian men of planning terror attack on Jewish community
Judge says federal law banning noncitizen voting is unconstitutional
