Democrats using inflation to target House Republicans in Labor Day weekend ads
The Democratic Congressional Campaign Committee is citing inflation in ads it's launching over the Labor Day weekend in 35 House districts it says are "in play."
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The Democratic Congressional Campaign Committee is citing inflation in ads it's launching over the Labor Day weekend in 35 House districts it says are "in play."
New Consumer confidence data released Tuesday shows a drop in August. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Tourism in Las Vegas is slumping this summer, costing the city billions. That could signal trouble ahead for the U.S. economy. Andres Gutierrez has new details.
The Trump administration and the European Union are sharing new information about a trade framework between the EU and United States. CBS News senior business and technology correspondent Jo Ling Kent has the details.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Four years after the pandemic caused prices to increase, a new study found that U.S. wages have still not caught up with inflation. Sarah Foster, a U.S. economy reporter and analyst for Bankrate, the service that released the report, joins "The Daily Report" to discuss.
The U.S. economy has a case of food-flation. Wholesale prices for fresh veggies soared by a record amount last month while grocery costs were up 2.2% compared to last year. Lisa Rozner reports on how consumers are dealing with rising costs.
The Dow Jones dipped slightly on Thursday after new inflation data showed that wholesale prices rose more than expected last month. CBS News senior business and technology correspondent Jo Ling Kent reports.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
Consumer prices in July rose 2.7%, the same annual increase as June. However, the core rate, which removes good and energy categories that are more volatile, increased by 3.1%. CBS News business analyst Jill Schlesinger breaks down the report.
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than economists expected.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
The Labor Department reported that inflation rose at an annual pace of 2.7% last month, slightly better than what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Inflation in July rose 2.7% on an annual basis, which was slightly less than economists had forecast, according to a report released Tuesday. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers.
July's Consumer Price Index rose 2.7% on an annual basis and 0.2% month-over-month, with some prices rising as President Trump's tariffs took effect. CBS News MoneyWatch correspondent Kelly O'Grady has more details, while Ramy Inocencio discusses the U.S. and China's renewed trade truce.
Wendy's is facing softer consumer demand, with households earning less than $50,000 planning to cut back on eating out.
Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.
About 90 countries, including the European Union, are now facing tariffs of 15% or higher as President Trump's sweeping levies go into effect. Erica Brown reports.
President Trump's blanket tariffs on U.S. trading partners are now in effect. This means that American businesses will have to pay more to bring in foreign goods. CBS News' Javier David and Nancy Cordes have the latest.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
President Trump's new tariffs on dozens of countries will go into effect on Aug. 7. Kevin Hassett, director of the National Economic Council, joins "The Takeout" to discuss the potential impact on the economy.
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
A new round of CBS News polling shows views of the economy are slightly better than they were earlier this summer, but concerns about more price increases are weighing down the outlook. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
While the U.S. sends representatives to Islamabad, Israel's fight with Hezbollah continues despite a ceasefire.
Zamil Limon's remains were found on the Howard Franklin Bridge in Tampa. His roommate was in custody, officials said.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's "TrumpRx" website on Friday, CBS News exclusively learned.
The Trump administration has sought to project confidence in the U.S. military's munitions stocks after more than a month of war with Iran, but long-term supply questions remain.
The Justice Department announced Friday it would readopt the death penalty protocols for lethal injection and firing squads.
"I didn't want to be known as the girl with one arm that plays soccer," Denver Summit FC player Carson Pickett told CBS News. "I just wanted to be known for the girl that plays soccer."
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
A three-judge appellate panel agreed with a lower court ruling that the Trump administration can't put aside laws allowing individuals to apply for asylum.
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
A three-judge appellate panel agreed with a lower court ruling that the Trump administration can't put aside laws allowing individuals to apply for asylum.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
Israeli Prime Minister Benjamin Netanyahu says the successful operation for prostate cancer happened 18 months ago and that he is now in "excellent physical condition."
While the U.S. sends representatives to Islamabad, Israel's fight with Hezbollah continues despite a ceasefire.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Oscar-nominated actor Don Cheadle has appeared in more than 100 films and TV shows. But it had been a quarter-century since he appeared on stage in the Off-Broadway hit "Topdog/Underdog," until he made his Broadway debut this spring in a revival of "Proof." In this web exclusive, he talks with Tracy Smith about the lessons of his parents; catching the "theater bug" as a child; the "hamster wheel" of an actor's career; and his emotional investment in works like "Hotel Rwanda."
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Ellen Burstyn, known for her Oscar-winning role in "Alice Doesn't Live Here Anymore," has spent seven decades in Hollywood, but she tells "CBS Mornings" that poetry has also shaped her life as she discusses her new book "Poetry Says It Better."
(Spoilers ahead) "CBS Mornings" speaks with the latest eliminated contestant from "Survivor 50" about exiting the game, strategy and transitioning to the jury.
"Giant," which is now on Broadway, dramatizes a real-life scandal that stained the legacy of world-famous children's author Roald Dahl. Anthony Mason spoke to John Lithgow, who stars in the play, and playwright Mark Rosenblatt.
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
One woman's entire life savings was stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
A California teen on an electric motorcycle critically injured a pedestrian, and now the boy's mother could now face years in prison. Jonathan Vigliotti explains.
Death by firing squad is now reinstated in U.S. federal cases, according to a new policy announced on Friday by the Trump administration.
A U.S. special forces soldier was arrested Thursday for allegedly using confidential government information to make more than $400,000 off the arrest of former Venezuelan President Nicolás Maduro on Polymarket. CBS News homeland security correspondent Nicole Sganga has the details. Then, Dennis Kelleher, CEO of financial regulation nonprofit Better Markets, joins with analysis.
One of two missing University of South Florida doctoral students was found dead, and a roommate was taken into custody, police said on Friday.
One person died, and five others were injured after a shooting at a Louisiana mall, officials said. This comes as more details emerge about an apparent mass shooting plot at New Orleans' Jazz Fest. CBS News' Anna Schecter reports.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
On Thursday night, at least six tornadoes whipped through Oklahoma, causing chaos and destruction. Videos show them spiraling through the state. Some footage does not contain audio.
After years of steady decline, a new survey finds employers expect to boost new graduate hires by more than 5% this spring compared to the same time last year. LinkedIn career expert Catherine Fisher joins "The Daily Report" to discuss.
Nine-year-old Hayden Stine was born without most of her right arm. When she went to a Denver Summit women's soccer home opener, she saw a player, Carson Pickett, just like her. Steve Hartman goes "On the Road" with a story about the importance of role models.
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
An analysis from the Center for Strategic and International Studies finds the U.S. "may have expended more than half of the prewar inventory" of at least four key munitions, including Tomahawk missiles. CBS News national security contributor Sam Vinograd has more.