
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
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Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.
When the market crashed earlier this week, a White House adviser said, "We're seeing a strong divergence between animal spirits of the stock market and what we're actually seeing unfold from businesses." But what does the "animal spirits" remark mean, and how is it evolving? John Dickerson explains.
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with Commerce Secretary Howard Lutnick to discuss the stock swings, inflation and risks of a recession.
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all Canadian steel and aluminum imports. CBS News' Kelly O'Grady and Zak Hudak break it down.
President Trump is leading the charge to oust Republican Rep. Thomas Massie of Kentucky after he said he would not support the GOP-led short-term funding bill to keep the government open. Brakkton Booker, national political correspondent at Politico, and Jasmine Wright, politics reporter for NOTUS, join "America Decides" with analysis.
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard Lutnick, who brokered the truce with the Ontario premier.
Canada's Liberal Party has chosen former central bank leader Mark Carney to succeed Justin Trudeau as the country's next prime minister. The 59-year-old economist won with nearly 86% support in a vote Sunday. CBS News correspondent Shanelle Kaul has more.
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and he did not rule it out. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's response. Then, Fin Gómez, CBS News political director, and Evan McMorris-Santoro, NOTUS reporter, join with analysis.
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another shutdown over government funding. CBS News Weijia Jiang and Nikole Killion have the latest.
Canada's next prime minister, former central banker Mark Carney, is pledging to take on President Trump as the president imposes tariffs and threatens to turn the country into the 51st state. CBS News' Ed O'Keefe and Shanelle Kaul have more.
Egg prices are expected to continue going up as farmers across the country deal with outbreaks of bird flu. The USDA is working to reimburse farmers who have to kill and replace their chickens. Kati Weis reports.
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion has more.
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's bruising. Ali Bauman has more details.
The U.S. labor market has been slowing, but today's jobs report isn't yet reflecting the layoffs ordered by Elon Musk's DOGE.
The economy added 151,000 jobs in February, even as the unemployment rate ticked up a tenth of a point to 4.1%. Nancy Chen explains how the employment landscape in the country is changing as more Americans who've been working from home return to their offices.
Job growth in February fell short of expectations, highlighting that businesses are becoming more conservative, which could suggest less economic activity. Kelly O'Grady joins to discuss.
Leaders from the cryptocurrency industry gathered at the White House on Friday for its first-ever "digital assets" summit. Victoria Guida, economics correspondent for Politico, joins "America Decides" to examine why President Trump is focusing on bolstering Bitcoin.
President Trump signed an executive order Friday establishing a task force for the 2026 FIFA World Cup. But the executive order on everyone's radar, that aims to dismantle the Department of Education, has yet to receive the president's signature. Political strategists Maura Gillespie and Hyma Moore join "America Decides" to assess the possible ramifications of the expected order.
From podcasts to TikTok and Instagram, Republicans ruled the social media landscape during the 2024 election cycle. Now, Democrats are fighting back, with more than 20 senators posting the same video targeting President Trump. Peter Hamby, partner at Puck News, joins "America Decides" with analysis.
Just a day after President Trump pulled back tariffs on Canada and Mexico, he issued a new trade tax warning. This time on dairy and lumber coming over the northern border. CBS News' Fin Gómez and Caitlin Huey-Burns have more.
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
The new records include a birthday letter to Epstein allegedly written by President Trump, which he has denied writing.
A former NIH official says she was removed after clashes over vaccines, accusing RFK Jr. and his deputies of posing "a substantial and specific danger to public health and safety."
The Supreme Court froze a lower court order that prevented immigration authorities from stopping people without reasonable suspicion that they are in the U.S. unlawfully.
Florida Surgeon General Dr. Joseph Ladapo said his department did not do any data analysis on how a change in vaccine rules could affect outbreaks of diseases like measles, polio or whooping cough.
President Donald Trump has amplified his promises to send National Guard troops and immigration agents to Chicago by posting a parody image from "Apocalypse Now" featuring a ball of flames as helicopters zoom over the nation's third-largest city.
Americans' confidence in finding a new job fell to the lowest measure on record, a survey from the New York Fed shows.
Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why.
Police say 23-year-old Iryna Zarutska was killed on a Charlotte light rail train on Aug. 22 in an apparently random attack by a man with a long record of criminal charges and psychiatric crises.
Chagas disease is already endemic to 21 countries in the Americas, and growing evidence of the parasite is challenging the non-endemic label in the U.S., the CDC says.