Small business optimism impacted
New small-business data raises concerns about the impact of certain economic conditions and global events. CBS News' Jill Schlesinger has more. (Sponsored by AT&T Business)
Inflation
Inflation getting worse, Americans feel it
Wholesale prices in the U.S. jumped 6% last month compared to a year ago, the highest annual increase in more than three years. Gas prices are driving the increase, and Americans are feeling the impact. Jo Ling Kent reports.
Trump's China trip underway as inflation rises
President Trump arrived in Beijing on Wednesday for a summit with Chinese President Xi Jinping. Mr. Trump's trip comes as Americans face higher costs for gas, food and more. CBS News' Anna Coren and Samantha Vinograd report.
Trump on Americans'"financial situation"
President Trump addressed the economic woes some Americans are feeling linked to the Iran war. This comes as concerning, new inflation data emerges. Business Insider's Allie Kelly joins with more.
CPI surged in April as inflation soars to highest level in almost 3 years
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
Consumer inflation reaches a nearly 3-year high
As the war with Iran drags on, the cost of living is rising faster than wages, putting a major squeeze on middle and working-class Americans. Kelly O'Grady reports.
Local restaurant owner feels pinch of war
Jason Allen has a closer look at how rising prices are impacting both American consumers and business owners in Dallas.
Americans feel pinch of war with Iran
The new inflation report shows that the war with Iran is taking a toll on Americans' finances, but President Trump said on Tuesday that's not a priority when making decisions about the conflict. CBS News' Javier David and Olivia Rinaldi have more.
Trump on "only thing that matters" in Iran talks
Before leaving for China on Tuesday, President Trump told reporters that he doesn't think about Americans' financial situations "not even a little bit" when negotiating a deal with Iran. CBS News senior White House and political correspondent Ed O'Keefe reports.
Inflation at highest level in nearly 3 years
Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter "Super-Spiked," joins with analysis.
Searing U.S. energy prices are driving the hottest inflation in years
CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.
Inflation accelerated in April
New inflation data shows a concerning trend in April as the Iran war impacts Americans' wallets. CBS News' Kelly O'Grady reports.
New jobs data beats expectations
The U.S. added 115,000 jobs in April, but some data remains concerning. CBS News' Kelly O'Grady reports.
Vance addresses Iowa's farmers
Vice President JD Vance visited Iowa and spoke directly to farmers who are experiencing turbulent financial times amid inflation and the Iran war. CBS News' Lana Zak reports.
U.S. debt has surpassed GDP, here's why
For the first time since World War II, the U.S. national debt has surpassed the size of its economy. CBS News MoneyWatch associate managing editor Aimee Picchi has more.
How Americans prioritize spending
Consumers are cutting back on goods with sharp price increases, according to the Bureau of Economic Analysis. From December to February, spending on clothing fell 7%, spending on furniture fell 5% and spending on sports equipment fell 6%. The Wall Street Journal economics reporter Rachel Wolfe writes in her recent piece that recent inflation is not driven by consumer demand, but by companies passing on increased costs to customers. She joins "The Daily Report" to discuss.
Analyst breaks down economy amid Iran war
The national average gas price is up to $4.30 per gallon, the highest in four years, as President Trump said Thursday that gas prices "will drop like a rock" when the Iran war ends. Ted Rossman, principal analyst at Bankrate, joins "The Daily Report" with more.
GDP rose at 2% annual rate in first quarter as U.S. economy rebounds
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
Why Fed kept rates same for third consecutive time
For its third consecutive meeting, the Federal Reserve left its benchmark interest rate unchanged. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Federal Reserve holds interest rates steady
The Federal Reserve held its benchmark interest rate steady on Wednesday as the U.S. economy continues to grapple with rising inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Over half of Americans say their finances are worsening, Gallup finds
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
Will the Fed cut rates? Here's what to expect at Wednesday's meeting.
The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.
The Iran war's economic hit could linger through 2026, economists say
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Key moments at Warsh confirmation hearing
Kevin Warsh, President Trump's nominee to replace outgoing Federal Reserve Chair Jerome Powell, faced tense questioning from senators at his confirmation hearing on Tuesday. Here are some of the most notable exchanges.
Senators question Kevin Warsh on transparency
President Trump's nominee for the next Federal Reserve chair, Kevin Warsh, faces questions from lawmakers Tuesday during his Senate confirmation hearing. CBS News' Kelly O'Grady has the latest.
Live
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Investigation
Armed federal agents knock on doors looking for noncitizen voters
Supreme Court rejects bid to restrict treatments for trans inmates
Investigation
We tested an experimental weight loss drug. The results were "terrifying."
U.S. ordering some government staff to depart Saudi Arabia
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