Here's how investors are viewing Biden's decision to drop out
Economists and investors assess the impact of Biden's decision to withdraw from U.S. presidential race on everything from economy to stock market.
Economy
Trump's plan to tackle inflation could cause price spikes, experts say
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Key takeaways from JD Vance's RNC speech
Vice President Harris spoke Thursday morning, criticizing the Republican National Convention's messaging and her newly nominated opponent, Sen. JD Vance, who gave his first major speech Wednesday night after being announced as former President Donald Trump's running mate. CBS News chief Washington correspondent Major Garrett joins with analysis.
Trump pushes for 15% corporate tax rate
Former President Donald Trump revealed more about his policy vision in an interview with Bloomberg Businessweek conducted in June and released this week. Trump said he wants to lower the corporate tax rate to 15% if he returns to the White House. CBS News chief election and campaign correspondent Robert Costa has more.
Examining causes of Americans' economic anger
According to most voters, the state of the U.S. economy is a widespread problem. Neil Malhotra, professor of political economy at the Stanford University Graduate School of Business, joins CBS News to discuss what's fueling so many Americans' anger, and what policies may fix it.
Support for unions growing strong among young workers
Support for organized labor is at a high not seen since the 1960s, with 71% of Americans saying they approve of unions, according to Gallup.
Will Haley get a warm welcome at the RNC?
Nikki Haley will speak at the Republican National Convention on Tuesday night after refusing to endorse former President Donald Trump when she dropped out of the 2024 race. Matt Gorman, a Republican strategist who served as a senior adviser to Sen. Tim Scott's presidential campaign, joins "America Decides" with analysis.
2024 RNC Day 1 fact check of the Republican National Convention
CBS News fact checked some of the statements made by GOP speakers at the first night of the 2024 RNC, where Donald Trump is accepting the GOP presidential nomination.
More young adults are living at home in U.S.
A growing number of Gen Z Americans are living at home even after they graduate from college. According to a Business Insider report, parents are financially supporting their adult children well into their 20s in this tough economy. Eve Upton-Clark, freelance features writer for Business Insider, joins CBS News with more.
How Project 2025 would impact U.S. tax code
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
The story of 2 American economies
Two major stock indexes, the S&P 500 and Dow Jones Industrial Average, are up over 15% compared to a year ago. Financial analysts point to this as an example of the U.S. economy's health, but the benefits are not accessible to all Americans. CBS News' Lindsey Reiser explains.
Inflation slows more than expected in June
Labor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
What to make of the latest inflation numbers
Inflation slowed in June more than expected, according to the latest CPI report. CBS News contributor Javier E. David breaks down the numbers and what they might mean for interest rates.
Job market cools but remains resilient, report shows
The U.S. added 206,000 new jobs in June, marking a slight cooling in the labor market, but still a sign that hiring remains strong. Michael George has more on what this could mean for interest rates moving forward.
June jobs report and labor market change
The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department's Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers and if they mean a potential interest rate cut in the fall.
Greece allows a 6-day work week for some industries
As countries around the world experiment with shorter work weeks, Greece has taken a step in the opposite direction.
Labor secretary on June jobs report, Biden
The U.S. economy added 206,000 jobs in June, according to data released by the Bureau of Labor Statistics. Acting Labor Secretary Julie Su joined CBS News to discuss the June jobs report as well as the ongoing questions about President Biden's health.
More U.S. jobs added than expected in June
The U.S. economy added 206,000 jobs in June, beating economists' expectations, according to the latest report from the Bureau of Labor Statistics. Meanwhile, the unemployment rate crept up to 4.1%, its highest point since 2021. Jeanna Smialek, Federal Reserve and U.S. economy reporter for the New York Times, joined CBS News to break down the numbers.
Voters explain how they're making 2024 pick
CBS News polls consistently show that democracy and the American Dream itself are on the ballot this November, but why do voters think that? And how do their personal lives shape their views on our national conversations? CBS News executive director of elections and surveys Anthony Salvanto spoke with people from across America, including some who participated in our polls, to find out.
Voters who reject labels discuss 2024 race
In Independence, Oregon, members of one family of voters are pushing back on the idea of political labels. CBS News executive director of elections and surveys Anthony Salvanto spoke with them about their views on the 2024 election.
Voters sound off on inflation
Many Americans say for the last couple of years, their finances either haven't changed or have gotten worse, according to CBS News polling. CBS News executive director of elections and surveys Anthony Salvanto spoke with George Fleur, a landscaper in Shohola, Pennsylvania, and Taliah Ayers, a caregiver in Atlanta, Georgia, about how inflation is playing a role in their 2024 presidential pick.
Houses becoming unaffordable for most
New data shows a growing portion of the U.S. has become unaffordable for home buyers. Meanwhile, insurance companies are backing out of some places because of extreme weather. CBS News contributor Javier David discusses the numbers.
Putin and Xi meet for 2nd time in 2 months
Russian President Vladimir Putin and China's Xi Jinping met Wednesday for the second time in two months. Markus Garlauskas, director of the Atlantic Council's Indo-Pacific Security Initiative, joins to discuss.
Nike stock sees worst day on record
Nike on Friday saw its stock prices plummet 20% after the company warned its current quarter sales would see a steep decline. Hope King, a senior business reporter for Axios, joined CBS News to discuss what has led to the falloff for the shoemaker.
Calculating the cost of July 4th cookouts
A new report from Wells Fargo shows homemade burgers are three times cheaper than dining out. Courtney Schmidt, sector manager for Wells Fargo's Agri-Food Institute, joined CBS News to discuss current food costs and how to save money when putting on an Independence Day barbecue.
live updates
Charlie Kirk shot and killed at Utah event; manhunt for shooter ongoing
Conservative activist and Turning Point USA co-founder Charlie Kirk died Wednesday after he was shot at an event at Utah Valley University.
Search for Charlie Kirk's killer continues. Here's what we know.
Conservative activist Charlie Kirk was shot and killed on Wednesday while speaking an event at Utah Valley University. Authorities have not identified a suspect.
Charlie Kirk's body flown on Air Force Two to Arizona
Charlie Kirk was shot and killed at an event at Utah Valley University Wednesday. His body was flown on Air Force Two to Arizona, where he lived with his family.
Alleged drug boat from Venezuela turning back when hit, sources say
The U.S. military strike killed 11 people who the Trump administration said were Tren de Aragua members. A Venezuelan official denied they were involved in the gang.
Trump admin. asks appeals court to allow firing of Lisa Cook before Fed meeting
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
Nation holds tributes to mark 24 years since 9/11
President Trump is attending the ceremony at the Pentagon.
Suspect in Trump assassination attempt forfeits opening statement at trial
Ryan Routh, who is representing himself, was warned by U.S. District Judge Aileen Cannon to stay on topic.
Lawmakers scale back outdoor events after Charlie Kirk assassination
Members of Congress are curtailing outdoor events and public appearances in the wake of the assassination of conservative commentator Charlie Kirk.
Map shows West Nile virus cases as officials warn season isn't over
Health officials are warning the West Nile virus season isn't over yet. Here's where the mosquito-borne illness has been spreading.