Inflation fuels increase in home heating costs
Inflation is fueling a big increase in home heating costs, but there are ways to help you save on your heating bills this winter. Meg Oliver has more.
Inflation
Fed raises interest rates by 0.75 percentage point
The Fed lifted its key interest rate again, marking the sixth rate hike this year and the fourth consecutive 0.75 percentage point jump since June. William Lee, the chief economist at the Milken Institute, joins Elaine Quijano to discuss the policy.
Inflation hurts Democrats on campaign trail
The Federal Reserve raised its benchmark interest rate by three-quarters of a point as it seeks to ease inflation. Robert Costa reports on the impact it could have on the midterm elections.
Fed raises rates by three-quarters of a point
The Federal Reserve has taken the aggressive step of raising interest rates by another three-quarters of a percentage point. Jeff Taylor, board member at the Mortgage Bankers Association, and CBS News reporter Sarah Ewall-Wice join anchors Errol Barnett and Lana Zak to discuss what this means for the economy.
Federal Reserve to raise interest rates
The Federal Reserve is widely expected to raise interest rates by three-fourths of a percentage point. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News' Errol Barnett and Lana Zak on how this will impact consumers.
President Biden to speak about democracy
President Biden is delivering a speech Wednesday night near Capitol Hill about the preservation of democracy. White House principal deputy communications director Kate Berner joins "Red and Blue" to discuss his speech, his economic agenda, and his travel schedule ahead of Election Day.
Inflation is fueling an increase in home heating costs, but there are ways to save
Families can expect to pay nearly 18% more to heat their homes this winter.
Stocks plummet after Fed signals more rate hikes ahead
"Hawkish" policy statement from Fed leads investors to abandon hope of easing rate increases.
Federal Reserve may hike interest rates
In an effort to bring down the worst inflation the U.S. has seen in years, regulators are prepared to hike interest rates by another three quarters of a percentage point Wednesday. Megan Greene, senior fellow at Brown University and global chief economist at the Kroll Institute, joins CBS News to discuss the fallout and what it means for home buyers and sellers.
Fed expected to raise interest rates again
Federal Reserve policymakers are meeting Wednesday and it's likely they will raise interest rates by another 75 basis points in a continued effort to curb inflation. Previous rate increases have pushed the average 30-year fixed mortgage rate above 7%. Nancy Chen reports on how already high rates are affecting the housing market.
How to buy I-bonds, the surprise hot investment of 2022
Niche investment is exploding in popularity, with one finance pro calling it "the closest thing to a free lunch I've seen."
Job openings post surprise jump, putting pressure on Fed
Economists had expected the number of job openings to drop below 10 million for the first time since June 2021.
Anticipating another interest rate hike
The Federal Reserve is widely expected to raise interest rates by another 75 basis points on Wednesday. Jon Hilsenrath, a senior writer for The Wall Street Journal, discussed why and what this move means for the U.S. economy.
Voters discuss their priorities for midterms
The economy and crime are some of the top issues for voters as the 2022 midterm elections approach. Mark Strassmann has more.
Soaring inflation drives up Halloween prices
Candy prices are soaring this Halloween thanks to inflation. It's not just candy, pumpkin prices are also up. Carter Evans takes a look.
First King Charles coins go into production
The first coins featuring the face of King Charles III are being produced by the Royal Mint in Wales. The 50 pence coin also features a tribute to Queen Elizabeth II.
Key inflation measure shows prices still high
A key inflation measure from the Commerce Department shows prices still high ahead of the Fed's interest rate meeting next week. Ellis Phifer, managing director of fixed income research at Raymond James, joins CBS News' Tanya Rivero and Elaine Quijano to discuss the economy and issues driving the markets.
Skittles, Reese's and other popular Halloween candies see price hike
The 10 most popular candy brands have seen an average price increase of 13% since 2021, according to Datasembly.
Buyers rush to buy "inflation-proof" I-bonds, crashing website
Government agency doubled server capacity to handle an influx of orders, but some slowdowns are still occurring.
U.S. economy returned to growth despite inflation
According to a Bureau of Economic Analysis report released Thursday, the U.S. gross domestic product grew at a 2.6% annual rate from July through September. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joined John Dickerson to discuss the latest economic numbers and state of the economy.
Mortgage rates blow past 7% for first time in two decades
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
Stocks end mixed as Facebook's parent company slumps
Weak earnings reports at Meta and other major tech companies offset gains in other parts of the market.
U.K. inflation soars as food prices jump
U.K. inflation soared above 10% for the second time this year. The increase is largely driven by rising food prices. It comes as U.K. Prime Minister Liz Truss faces opposition over her failed economic agenda. Adam Posen, president of the Peterson Institute for International Economics, joins CBS News' John Dickerson to discuss.
Thousands protest inflation in France
Thousands of people protested across France Tuesday, demanding higher wages to tackle spiking inflation. Noemie Bisserbe, reporter for the Wall Street Journal, joined John Dickerson to discuss the unrest.
Inflation remained high in September
The Bureau of Labor Statistics says September's consumer prices rose 8.2% compared to a year ago, with food, rent and other items driving inflation. Ben Levisohn, a deputy editor at Barron's joined John Dickerson on "Prime Time" to discuss the latest CPI report.
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
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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
