9/14: Red and Blue
Indication of lasting inflation worries Americans; White House steps in amid potential railroad workers strike.
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Indication of lasting inflation worries Americans; White House steps in amid potential railroad workers strike.
Tentative deal averts rail strike; Commerce Department says August retail sales up 0.3%.
The races for Arizona's new governor, senator and secretary of state are heating up, with just five weeks until election day. New CBS polling shows inflation and the economy are top voter priorities, while election security and abortion are still top of mind for candidates. Ed O'Keefe reports from Tempe.
Nation is edging closer to statutory debt ceiling of $31.4 trillion. "We are addicted to debt," one expert said.
This week on "Face the Nation with Margaret Brennan," we discuss the Jan. 6 hearings with Rep. Zoe Lofgren, a Democrat from California, go over the recently approved COVID-19 vaccine for kids with former FDA Commissioner Dr. Scott Gottlieb and take a look at America’s inflation problem.
This week on “Face the Nation with Margaret Brennan,” with inflation now hitting over 9%, we have a string of guests to talk about the state of the American economy as experts fear a recession is coming. Plus, more on the subpoena to the U.S. Secret Service sent by the House select committee investigating the Jan. 6 attack on the U.S. Capitol with member Rep. Adam Kinzinger.
Most people say it's harder to own a home or raise a family these days, crimping their standard of living.
Consumer advocates say some companies are reformulating products to use cheaper ingredients — but charging the same price.
Sharp drop in job openings will be welcomed by Fed Reserve as it pushes to raise unemployment to cool inflation.
Stocks start October on a high note after coming off their worst month since COVID-19 crashed financial markets.
It can be hard to believe we're talking the holidays already – but it could save some big bucks to start shopping early this year. High inflation and rising interest rates don't have to also mean soaring holiday spending. Nancy Chen has more.
Markets closed down Friday, closing the worst September for stocks since 2008. CBS News anchors Nikki Battiste and Elaine Quijano speak with Tim Pagliara, chief investment officer of CapWealth, about what drove trading.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
The latest federal data shows U.S. gross domestic product fell 0.6% in the second quarter, fueling fears of a recession. Lori Bettinger, the president of Bancalliance and the former director of the Troubled Asset Relief Program at the U.S. Treasury Department, joined CBS News to break down what this means for the economy.
Fed Chair Jerome Powell says curbing inflation will cause pain. Critics say putting millions out of work is unnecessary.
In a wide-ranging conversation with Scott Pelley, President Biden answers questions on Taiwan, inflation, the classified documents found in former President Trump's home and more.
Investors continue to worry that Fed could hit brakes on economy too hard and cause a recession.
CBS News correspondent Meg Oliver takes a trip to the grocery store with consumer reports expert Brian Vines to learn small ways to save big in the grocery store.
Average U.S. rent costs have fallen for the first time since 2020. Nest Seekers International chief economist Erin Sykes joined CBS to discuss what's driving the trend and what renters can expect.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
The Federal Reserve raised interest rates by three-quarters of a percentage point for the third consecutive time this year in an effort to curb inflation. CBS News business analyst Jill Schlesinger explains what's behind the move and what we should expect going forward.
As Europe is gripped by rising inflation and energy costs, Italians have voted in its most right-wing government since Benito Mussolini. As CBS News correspondent Chris Livesay reports, her campaign was marked with hallmarks of fascism and her opponents fear her right-wing policies.
People in the U.K. are facing price increases on food and gasoline, as the British pound's value briefly dropped to an all-time low against the U.S. dollar. CBS News' Lana Zak explains what that means for Americans, then Joice Alves, a European stock market correspondent for Reuters, joins "CBS News Mornings" to share the impact she has noticed in London.
President Biden's agenda polls higher than he does; New Zealand Prime Minister Ardern's toddler crashes livestream
Rick Newman, a senior columnist for Yahoo Finance, joins CBS News to discuss the ongoing impact of the Federal Reserve's latest interest rate hike, the historic drop of the British pound and how concerned Americans should be about the economy.