Americans could soon see higher costs from tariffs, Fed's Hammack says
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
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Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
President Trump said he ordered his administration to fire Bureau of Labor Statistics Commissioner Erika McEntarfer after the July jobs report.
U.S. Trade Representative Jamieson Greer defended President Trump's decision to fire a key official responsible for jobs reports in a CBS News interview.
Americans have more positive views of the condition of the stock market, up from May.
More high-income Americans are falling behind on their loan payments as the market for white-collar jobs cools.
Most Americans under 30 approved at the start of President Trump's second term but are dissatisfied with the economy's direction.
DeSantis called Ingoglia, a Spring Hill Republican whose social media handle is "@GovGoneWild," a warrior on issues such as immigration and insurance and "the most conservative senator in the state of Florida."
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.
A new Federal Reserve survey shows just 13% of full-time workers asked for a raise last year, even though two-thirds who did were successful; experts say timing, preparation, and confidence are key to making the ask count.
Times got so tough that Darell Webb gave up his own place and moved in with friends.
As gas prices rise and electric vehicle costs drop, South Florida drivers are weighing whether switching to an EV can save them more money in 2025.
Many workers aren't working as much as they'd like. Here's what one expert says the federal unemployment rate fails to capture.
Almost four dozen Venezuelan workers who had temporary protected status taken away have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
Early in his second term, President Trump is struggling to deliver on his campaign trail promises to invigorate the U.S. economy.
Trump's ratings on economy are lower, but his deportation plan keeps majority support.
As climate change warms rivers, the fishing industry is increasingly threatened. One nonprofit shows how it's helping to save the fishing-tourism economy.
President Trump is downsizing the Consumer Financial Protection Bureau.
Triple-digit U.S tariffs on China will "wipe out our business completely," one small business owner says.
President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs "catastrophic."
Newly acquired reliever strikes out final five batters in win.
Alexander Roque, 49, was arrested on July 25 during a traffic stop near SW 262nd Street and 138th Avenue.
Deputies arrested 33-year-old Ron-Christopher Gonzales on Wednesday, hours after the 5:45 a.m. attack.
Dominic Ferrell, 17, was killed in an unprovoked attack on June 8.
Florida Power & Light is proposing a nearly $10 billion rate hike for electricity over the next four years.
Newly acquired reliever strikes out final five batters in win.
Alexander Roque, 49, was arrested on July 25 during a traffic stop near SW 262nd Street and 138th Avenue.
Deputies arrested 33-year-old Ron-Christopher Gonzales on Wednesday, hours after the 5:45 a.m. attack.
Dominic Ferrell, 17, was killed in an unprovoked attack on June 8.
Through Broward and Miami-Dade Counties, several organizations are hosting giveaways for everything from shoes to backpacks to ensure that South Florida's students are ready for the upcoming academic year.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
A federal judge heard arguments about an immigration detention center in the Florida Everglades, known as "Alligator Alcatraz.".
HHS Secretary Robert F. Kennedy Jr. says the federal government is calling off around $500 million worth of vaccine development projects that use mRNA technology.
A White House official said the five were fired because of their exorbitant salaries and ineffective oversight.
"Jeffrey Epstein is dead. Ghislaine Maxwell is not," Maxwell's attorney David Markus wrote in the court filing.
A federal judge has ordered officials to produce agreements showing who has legal authority at the detention site.
Jim talks to a former Republican congressman who is running as a Democrat to be the next governor of Florida.
Jim talks to a former Democratic state senator who is running to be the next Florida attorney general.
Jim goes one-on-one with the mayor of South Miami to talk about his lawsuit challenging Florida's immigration law, citing the possibility of incurring financial liabilities for partnering with ICE.
Jim talks to Jaclyn Corin, who is a survivor of the Parkland massacre and the executive director of March for Our Lives, about her campaign against U.S. Attorney General Pam Bondi.
Under President Donald Trump's so-called "big, beautiful bill," more than $80 billion in new funding is heading to ICE.
There's a treatment helping chronic pain patients by disrupting pain signals in the body from getting to the brain.
Head Colorado Buffaloes football Coach Deion "Coach Prime" Sanders revealed his bladder cancer diagnosis for the first time on Monday morning.
There are about 1,230 locations across the Sunshine State, making it a hub for enthusiasts, but health experts are raising a red flag, noting a staggering 90-fold increase in pickleball-related injuries.
The health-care giant said it has started complying with both criminal and civil requests from federal investigators and it was cooperating with them.
Pepsi hops on another nutritional bandwagon as more consumers opt for prebiotic beverages.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
CEO Bob Iger said Disney will combine the two streaming services to create a "unified app experience."
Loni Anderson, who played a struggling radio station's empowered receptionist on the hit TV comedy "WKRP in Cincinnati," died Sunday, just days before her 80th birthday.
Justin Timberlake, who wrapped up a two-year tour Wednesday, shared he has Lyme disease, a tick-borne illness, on Instagram.
Hulk Hogan, 71, was pronounced dead at a hospital less than 90 minutes after medics arrived at his home in Clearwater, Florida.
A funeral procession for legendary Black Sabbath frontman Ozzy Osbourne in Birmingham, England, gave fans a chance to pay their respects.