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The personal savings rate has dropped to its lowest level since 2013 following a savings boom earlier in the pandemic. JPMorgan Chase Institute managing director and co-president Fiona Greig explains what's driving the decline.
The COVID-19 pandemic is entering its third year. J.W. Mason, an associate professor of economics at John Jay College in New York, joined CBS News to discuss the state of the U.S. economy.
CBS News' Tanya Rivero talks with Hope King, a business reporter for Axios, about the current state of the U.S. economy, what impacted the U.S. stock market on Friday, and the significance of recent consumer and unemployment reports.
The latest report from the U.S. Labor Department shows initial jobless claims fell to 229,000 for the week ending in June 18, 2,000 fewer than the previous week. CBS News Moneywatch Reporter Irina Ivanova explains what that indicates about the state of the economy.
CBS News' Femi Redwood reports on the skyrocketing number of cryptocurrency scams.
Chicken wings and other chicken products are in high demand as Americans turn to comfort food during the COVID-19 pandemic. But a winter freeze that hit Texas and surrounding states in February temporarily closed some chicken plants in the region, causing a supply disruption. CBS News' Michael George reports how it's affecting businesses.
President Biden is set to give his State of the Union address during a tumultuous time in the world. CBS News chief political analyst John Dickerson joins "Red & Blue" with his insights on what to expect.
A growing number of Republican-led states are ending increased unemployment benefits. Sarah Chaney Cambon, a reporter for the Wall Street Journal, joins Elaine Quijano on "Red and Blue" to discuss jobs and the state of the U.S. economy.
Applications for unemployment benefits rose for a third straight week even as employers are desperate for workers. Some parents are unable to go back to work because child care centers are understaffed. Washington Post economic correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano with more.
Next week the U.S. and China will hold their first senior-level talks since President Biden took office. Secretary of State Antony Blinken and National Security Adviser Jake Sullivan will meet Beijing's diplomats in Alaska on March 18. CBS News senior foreign policy correspondent and "Face the Nation" moderator Margaret Brennan joins CBSN's "Red & Blue" anchor Elaine Quijano with more on that, plus the U.S. response to a major cyberattack against Microsoft.
The U.S. is approaching the deadline to raise the debt limit. And if Congress doesn't act, the nation could suffer a full-on default on its loans for the first time in U.S. history. CBS News economic policy reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" anchor Tanya Rivero with the latest.
Some families that have been struggling to make ends meet during the pandemic are still waiting on the latest round of stimulus checks and other benefits like unemployment. Washington Post economics correspondent Heather Long joins "Red and Blue" anchor Elaine Quijano with more on why the government is facing challenges getting federal aid money to people in dire financial situations.
Inflation is rising as the U.S. economy rebounds from the pandemic downturn. CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" anchor Elaine Quijano with more on the factors driving prices higher and why small business owners fear they could miss out on President Biden's plan to increase federal contracts.
President Biden released details of his $5.8 trillion budget proposal for the 2023 fiscal year. It includes $813 billion for defense and more funding for law enforcement, education and public health. It also proposes helping pay for spending with a "billionaires tax." National Economic Council director Brian Deese joins CBS News' "Red & Blue" from the White House to discuss the administration's plans.
The Senate voted overwhelmingly to confirm Rhode Island Governor Gina Raimondo as President Biden's commerce secretary, to help guide the economy's recovery. CBSN's Elaine Quijano reports.
The Biden administration is considering sending a top official to Kyiv to meet with Ukrainian President Volodymyr Zelenskyy. CBS News chief White House correspondent Nancy Cordes and CBS News political reporter Caitlin Huey-Burns join "Red and Blue" to discuss who they might send, and why the administration continues to blame inflation on Russia's invasion of Ukraine.
A recent CBS News poll shows that most Americans feel the economy should be the government's top priority. CBS News political reporter Caitlin Huey-Burns and Washington Post White House reporter Tyler Pager join "Red and Blue" to discuss that and other top political stories of the day.
President Joe Biden is directing the federal government to buy more products from domestic producers, and he's also promoting his climate change plan as a way to grow green sectors of the economy. Neil Bradley, executive vice president and chief policy officer for the U.S. Chamber of Commerce, joins CBSN's "Red & Blue" host Elaine Quijano to discuss the Biden administration's goals will impact the business community.
The Biden administration is focused on improved unemployment numbers as Americans still feel the impacts of inflation. Plus, the U.S. Court of Appeals ruled against former President Trump, who is trying to block the House January 6 committee from accessing White House documents. CBS News senior Washington correspondent Major Garrett, Wall Street Journal Capitol Hill reporter Siobhan Hughes and Politico congressional reporter Nicholas Wu join CBSN's "Red & Blue" anchor Elaine Quijano with the details.
Advocates say millions of Americans are at risk of eviction after a moratorium issued by the CDC was allowed to expire Saturday. CBS MoneyWatch reporter Irina Ivanova joins CBSN's "Red & Blue" anchor Elaine Quijano with a look at which states will be the most impacted, and what measures lawmakers are proposing in order to bring back the protections.
President Trump and his Democratic rival Joe Biden will take the debate stage Tuesday night in Cleveland for the first of three presidential debates. Former White House deputy chief of staff and 2012 Obama campaign manager Jim Messina joins CBSN's Elaine Quijano on "Red & Blue" with a look at what to expect.
The White House reacts to some poor economic numbers, and the House committee investigating the January 6 attack plans public hearings. CBS News senior White House and political correspondent Ed O'Keefe and CBS News congressional correspondent Scott MacFarlane join "Red and Blue" to discuss this and more.
A prominent scholar on economics, demographics and politics is leaving a left-leaning think tank for a new home on the right. Ruy Teixeira is leaving the Center for American Progress to join the right-leaning American Enterprise Institute. Teixeira joined "Red and Blue" to discuss his decision to leave.
Biden administration officials are meeting with a bipartisan group of senators on the president's $1.9 trillion pandemic economic relief proposal. CBS News senior White House correspondent Weijia Jiang, CBS News congressional correspondent Nikole Killion, CBSN political reporter Caitlin Huey-Burns, and Politico White House correspondent Eugene Daniels join CBSN's "Red & Blue" host Elaine Quijano to discuss the negotiations and the upcoming Trump impeachment trial in the Senate.
President Trump says he's pulling out of talks for more coronavirus relief as he continues to downplay the threat of COVID-19. CBS News correspondent Nikole Killion, CBSN political reporter Caitlin Huey-Burns and Politico White House reporter Meridith McGraw spoke to CBSN's "Red and Blue" host Elaine Quijano about why the White House is done working on aid to Americans until after the election.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Trump is receiving the royal treatment from King Charles on a historic second U.K. state visit, but he's been greeted also by protests over his ties to Jeffrey Epstein.
Tropical Storm Gabrielle formed Wednesday morning over the central Atlantic Ocean, becoming the seventh named storm of the 2025 Atlantic hurricane season.
Former CDC Director Susan Monarez and Chief Medical Officer Debra Houry testified before a Senate panel weeks after departing in a dramatic shakeup at the health agency.
FBI Director Kash Patel appeared before the House Judiciary Committee on Wednesday for a second day of questioning by lawmakers.
Former President Barack Obama addressed recent acts of political violence during remarks at a Pennsylvania nonprofit on Tuesday.
Cardi B confirmed on "CBS Mornings" that she is having a baby with boyfriend, NFL wide receiver Stefon Diggs.
The 29-year-old man suffered injuries to his chest and arm in Tuesday's attack on the Turbid Lake Trail northeast of Yellowstone Lake.
The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep."