First-time food bank users
For our MoneyWatch series "The Uncertain Economy," CBS News' Lana Zak visited a food bank in Baltimore to take a look at how people are coping with increased food prices.
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For our MoneyWatch series "The Uncertain Economy," CBS News' Lana Zak visited a food bank in Baltimore to take a look at how people are coping with increased food prices.
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
Flexible, part-time gigs offer ways to make extra cash, from tutoring to renting out your house or car.
A trip down the supply chain shows the answer behind what's driving record inflation may not be so simple.
The average cost of a gallon of milk nationwide has gone up almost a dollar since 2020. “CBS Mornings” co-host Tony Dokoupil goes up the supply chain – starting from a grocery store, to a farm, to an animal feed store – to track down where inflation really begins.
As students return to school, parents are spending a lot more on supplies because of inflation. According to one survey, just 36% of parents said they can afford back-to-school supplies this year. Janet Shamlian takes a look.
S&P 500 suffers its biggest drop since June as investors fret over the Fed's effort to tame inflation.
As inflation remains high, those looking to make their money grow in the stock market may be drawn to a tactic referred to as “buying the dip.” But does this strategy work? Joe Saluzzi, partner and co-founder of Themis Trading, joins CBS News to discuss in today’s MoneyWatch report.
CBS News correspondent Errol Barnett shows how inflation impacts the value of a dollar and why your money is worth less now than even a few years ago.
The affordability crisis in housing has only gotten worse thanks to rising mortgage rates. As a part of our series "MoneyWatch: The Uncertain Economy," CBS News correspondents Errol Barnett and Tanya Rivero break down the relationship between mortgage rates and inflation.
As inflation rates rise, so do prices at the grocery store, which means your dollar is not stretching as far. In our MoneyWatch series, "The Uncertain Economy," Roy Paul, executive director of Cents Ability, has some tips on how you can make sure a trip to the store doesn't break the bank.
Back-to-school spending in total is expected to match the record high set in 2021: $37 billion.
The company is one of many providing bonuses, wage increases or additional benefits as inflation rises and labor shortages persist.
Many people are worried the country is headed toward a recession, or may already be in one. While not all recessions are created equal, economists say we can learn lessons from our past. CBS News takes a look back at the history of recessions in America as part of our series "MoneyWatch: The Uncertain Economy."
Despite sputtering U.S. economic growth, Federal Reserve hiked interest rates to ease "unacceptably high" inflation.
President Biden has signed the Inflation Reduction Act into law after months of negotiations. Democrats said the measure addresses climate change and health care costs. CBS News senior White House and political correspondent Ed O'Keefe joined "CBS News Mornings" to discuss the legislation and provide an update on first lady Jill Biden, who is isolating following her COVID-19 diagnosis.
Inflation in the U.K. rose to a staggering 10.1% in July compared to last year. CBS News foreign correspondent Roxana Saberi joins us from London to break down what's driving the rise in prices and how British families are coping.
Britain's inflation rate soared to a new 40-year high, squeezing households. Economists expect it to get worse.
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
Several key primary elections will take place Tuesday in Alaska and Wyoming. Anthony Salvanto, CBS News executive director of elections and surveys, discussed some of the key issues impacting voters ahead of the November midterms.
The company is cutting prices to get rid of excess inventory after a huge shift in how Americans spend.
The most recent CPI showed a 0.7% increase in rent prices in July. That number has continued to rise over the last year, especially for younger renters. KC Tenants' Tara Raguhveer joins CBS News to discuss the steep costs and what action the Biden administration can take.
Walmart and Home Depot kick off a host of retail earnings reports on Tuesday, followed by Lowe's and Target.
Airfares were down 7.8% in July compared to June, according to the latest numbers released by the Labor Department.
A new analysis from the Penn Wharton Budget Model finds that wealthier taxpayers will bear the brunt of the impact.