Americans are paying dearly for gas as prices reach fresh highs
A day after gas prices reached an all-time high, fuel costs jumped to a new record. Americans are feeling the pain.
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A day after gas prices reached an all-time high, fuel costs jumped to a new record. Americans are feeling the pain.
Rent prices are soaring for apartments across the U.S., but especially in South Florida. Some residents are now facing homelessness. Nancy Chen takes a look.
Inflation is causing prices to increase across the board, especially monthly rent — which soared nearly 20% last year in the U.S.
The war in Ukraine continues to push fuel prices across the U.S. to record highs. The national average jumped 8 cents overnight to $4.25 a gallon -- 60 cents higher than last week. Errol Barnett reports.
Food prices, especially the cost of meat, are on the rise -- with corporations citing the pandemic and inflation. But, corporate greed may also be a major factor in the price hike. Manuel Bojorquez investigates.
U.S. stocks are continuing to drop over tensions in Ukraine, as rising oil prices disrupt global markets. Dion Rabouin, a reporter for The Wall Street Journal, joins CBS News to discuss the impact on the nation's economy.
Already slammed with the highest inflation in 40 years, some consumers say they'll cut back amid rising gas prices.
Worries about the war in Ukraine sent stocks into a tailspin, despite a blockbuster jobs report. Meanwhile, gas prices are rising at a rate not seen since Hurricane Katrina in 2005. Carter Evans takes a look.
Numbers released Friday show major job growth nationwide as COVID cases fall and states roll back restrictions. According to the Department of Labor, U.S. employers added 678,000 jobs in February, and the unemployment rate fell from 4% to 3.8%. Barclays chief U.S. economist Michael Gapen joined CBS News's Vladimir Duthiers and Anne-Marie Green to discuss the numbers.
Federal Reserve Chair Jerome Powell testified Wednesday that the government will raise interest rates this month to curb rising inflation. CBS News reporter Sarah Ewall-Wice joined "Red and Blue" to discuss the economic impact.
Health benefits can help companies attract and retain employees, but for small businesses, offering coverage can be difficult. CBS News business analyst Jill Schlesinger shares how small business owners can navigate the rising costs of health care while also trying to manage labor shortage issues.
In his first State of the Union address, President Biden called for unity on a number of issues. CBS News senior White House and political correspondent Ed O'Keefe joined CBS News' Anne-Marie Green with a recap for "CBS News Mornings."
President Biden delivered his first State of the Union address under the shadow of the Russian invasion of Ukraine and soaring inflation. CBS News senior White House and political correspondent Ed O'Keefe joined CBS News' Anne-Marie Green and Vlad Duthiers with reaction to the president's address.
Gloom is spreading despite a rebound in the labor market. Even higher-income Americans are distressed.
The Federal Reserve chairman said the effects of the invasion in Ukraine remain "highly uncertain."
President Biden delivered his first State of the Union address Tuesday night with a speech focused on bipartisanship and condemning Vladamir Putin and Russia's invasion of Ukraine. Sarada Peri, Former speechwriter for President Barack Obama, joins CBS News to discuss Mr. Biden's speech and what it says about the agenda of his administration.
Iowa Governor Kim Reynolds delivered the Republican response to President Biden's State of the Union address. In her speech, she highlighted concerns about inflation and education policies. Watch her full remarks here.
As inflation rates continue to rise, President Biden reiterated that his administration has a plan to address the issue. He said he will "lower your costs, not your wages." Watch this portion of his State of the Union address.
President Biden's State of the Union address will cover everything from the war in Ukraine and the pandemic to inflation and climate change. Republican strategist Leslie Sanchez and Democratic strategist Antjuan Seawright joined CBS News to discuss.
President Biden is gearing up to deliver his first State of the Union address Tuesday. CBS News senior White House and political correspondent Ed O'Keefe joined Anne-Marie Green and Vladimir Duthiers with a preview.
President Biden will deliver his first State of the Union address as the fighting in Ukraine worsens. CBS News senior White House and political correspondent Ed O'Keefe has more on what the president is planning to discuss Tuesday night when he speaks to the nation.
Even as President Biden touts his economic record, many people's finances are still far from recovery.
President Biden will give his first State of the Union address tonight against the backdrop of Russia's invasion of Ukraine and high inflation in the U.S. CBS News political reporter Caitlin Huey-Burns joined Anne-Marie Green and Vladimir Duthiers with a look at new poll numbers about the president's handling of the economy.
Transportation Secretary Pete Buttigieg joins CBS News' Tanya Rivero and Tony Dokoupil to talk about President Biden's upcoming State of the Union, what the administration is doing about rising gas prices, the supply chain crisis and other major priorities and challenges.
Americans are increasingly pessimistic about the economy, with consumer sentiment falling to its lowest in a decade.