New data on inflation, price changes
New Consumer Price Index data showed inflation cooled and some prices dropped. The numbers, however, do show higher prices on auto parts impacted by President Trump's tariffs. CBS News' Kelly O'Grady reports.
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New Consumer Price Index data showed inflation cooled and some prices dropped. The numbers, however, do show higher prices on auto parts impacted by President Trump's tariffs. CBS News' Kelly O'Grady reports.
New Consumer Price Index data shows inflation is still affecting Americans and depicts the initial effects of President Trump's tariffs. CBS MoneyWatch correspondent Kelly O'Grady reports.
Among the 5,800 bills before Congress, one piece of legislation would create a $250 bill bearing the image of President Trump. At the moment, the law only allows deceased individuals on our money.
The U.S. and China have agreed to reduce tariffs on each other's imports for 90 days after Trump administration officials held trade talks with their Chinese counterparts in Switzerland over the weekend. CBS News' Kelly O'Grady and Olivia Rinaldi report.
Stocks surged Monday after the U.S. and China announced an agreement that significantly eases tariffs for 90 days. Idrees Kahloon, Washington bureau chief for The Economist, joins "America Decides" to unpack the deal and its economic consequences.
In a post on social media, President Trump said he'd be open to raising taxes on rich people as part of negotiations over his "big beautiful bill." CBS News' Nikole Killion and Kelly O'Grady have the latest.
The latest gross domestic product data shows the U.S. economy is in reverse, slowing in the first quarter of 2025. CBS MoneyWatch correspondent Kelly O'Grady has more on the potential factors involved and how the next quarter's data could indicate symptoms of a recession.
In New York, we look into the psychology behind leaving a tip and speak with customers who feel the practice has gone too far. And in Wisconsin, we take to the sky with a photographer tracing the roots of how our food goes from fields onto our tables. Watch these stories and more on Eye on America with host Michelle Miller.
The dollar has been in steep decline as uncertainty about U.S. policymaking persists. Steven Ricchiuto, chief U.S. economist for Mizuho Securities, joins "America Decides" to explain what that means for the economy and what needs to be done to reverse the fall.
President Trump lashed out at Federal Reserve Chair Jerome Powell in a social media post on Thursday, saying his termination "cannot come fast enough." CBS News' Fin Gómez and Kelly O'Grady report.
While U.S. stocks ended Friday on a high note following a week of volatile trading tied to President Trump's tariffs, the bond market likely pushed the president to implement a 90-day pause. Bill Cohan, Wall Street author for Puck, joins "America Decides" to explain.
Wall Street surged Wednesday after President Trump announced a 90-day pause on reciprocal tariffs for many countries. CBS News' Maurice DuBois anchors a special report.
President Trump announced Wednesday he is increasing tariffs on China to 125% while suspending reciprocal tariffs "beyond" 10% on other U.S. trade partners for the next 90 days. Mr. Trump discussed the decision during an event in front of the White House. CBS News' Aaron Navarro, Taurean Small and Kelly O'Grady have more.
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
Thursday was Wall Street's worst day since 2020 as investors reacted to President Trump's sweeping new tariffs on all nations. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns have the details.
Foreign leaders lined up on Thursday to condemn President Trump's wide-reaching trade taxes, promising countermeasures of their own. Enda Curran, global economics reporter for Bloomberg, joins "America Decides" to unpack the international fallout.
The Dow Jones slipped slightly on Tuesday as investors braced for President Trump's reciprocal tariff announcement. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Americans have questions about the impact of President Trump's upcoming tariffs. Colby Smith, a reporter for The New York Times, joins CBS News with more on the worrying sentiments.
The U.S. is grappling with a wide range of critical issues brought about by what it lacks, including workers, housing and clean energy infrastructure. A new book argues the U.S. can rectify its major problems by renewing a so-called "politics of abundance." One of its authors, The Atlantic's Derek Thompson, joins "America Decides" to explain.
Socialism has gone mainstream in American politics, but it remains deeply controversial. For some, it seems to offer an appealing solution to the country’s woes, but for others, it evokes fearful imagery of authoritarian regimes. This CBS Reports documentary dives into the culture war over socialism and what it means for the nation's future.
New economic data shows Americans remain concerned over inflation and they are making cautious decisions with money. CBS News' Jill Schlesinger reports.
A new CBS News poll finds that Americans' economic outlook has grown slightly more pessimistic in the past month. High prices are weighing on people, with most saying they're on the rise. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
The Dow Jones closed in the red on Thursday, with Ford stocks falling more than 3% and General Motors stocks falling more than 6% as investors reacted to President Trump's new 25% tariff on auto imports. CBS News MoneyWatch correspondent Kelly O'Grady has more.
There is uncertainty over the growth of the U.S. economy during the first few months of 2025 as new data emerges on economic growth in the last quarter of 2024. CBS News business analyst Jill Schlesinger reports.
A new survey shows a high number of parents are supporting their adult children financially. CBS News contributor Javier David has more.