Top Biden economic adviser Cecilia Rouse leaving after midterm elections
A key member of President Biden's economic team is leaving his administration.
Economy
Home sales are slumping badly as affordability remains a hurdle
Housing prices have fallen 32% this year, although they remain higher than before the pandemic.
Here's how much more Thanksgiving dinner will cost this year
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
UK Chancellor announces recession
In autumn statement British Chancellor, Jeremy Hunt, admitted the UK was in recession as the government plans to prioritize stability, growth and public services. CBS News Foreign Correspondent, Ramy Inocencio, joins 'CBS News Mornings' with more on the Autumn Statement.
U.K. economy in recession for first time since 2008
The country's finance minister made the announcement as he unveiled a litany of tax hikes and other measures to help Britain "face into the storm."
"Zombie Debt": Homeowners face foreclosure on old mortgages
"I don't even know these people because they never contacted me," said one homeowner facing $130,000 in debt.
Last-minute flights for holidays will cost you more this year
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
Stocks rise on cooler-than-expected inflation data
Investors were fueled by hopes that cooling prices could influence Federal Reserve ahead of its December meeting.
Ukrainian president addresses G20 leaders
President Biden along with the leaders of many of the world's biggest economies are attending the two-day G20 summit in Indonesia. The summit, which starts Tuesday, will see presidents and prime ministers discuss the war in Ukraine and tensions between the U.S. and China. Nancy Cordes reports.
Apple CEO Tim Cook on newest technology
"CBS Mornings" co-host Nate Burleson goes to Apple's headquarters in Silicon Valley to spend time with CEO Tim Cook and get an exclusive look at a new iPhone safety feature. The two talk about the newest Apple features, the economy and Cook's future.
Yellen warns of "risky" cryptocurrency, touts "resilient" U.S. economy
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
Biden, Xi meet face-to-face
After meeting with Chinese President Xi Jinping ahead of the G20 summit, President Biden said he believes there is no "imminent" threat of an invasion of Taiwan. CBS News chief White House correspondent Nancy Cordes is traveling with the President in Bali. She joined John Dickerson to discuss.
Amazon reportedly planning layoffs
There are reports that Amazon is expected to announce layoffs of as many as 10,000 employees in the days ahead, following job cuts at Twitter, Meta and other tech companies. It would be the e-commerce giant's largest workforce cut to date. New York Times technology correspondent Karen Weise joins CBS News with more.
Meteoric rise and fall of FTX crypto exchange
The cryptocurrency firm FTX filed for bankruptcy last week, leaving investors and brokers scrambling. FTX CEO Sam Bankman-Fried stepped down, and government regulators are looking into potential criminal charges. Founder and CIO of TrueCode Capital, Joshua Peck, joins CBS News' Tony Dokoupil and Lilia Luciano to try to make sense of it all.
Apple CEO Tim Cook on hiring
"CBS Mornings" co-host Nate Burleson talks to Apple CEO Tim Cook about a reported hiring freeze at the company and employees returning to the office.
European markets drop after Truss' resignation
European markets have been taking direct hits following the resignation of British Prime Minister Liz Truss. The continent was already facing record-high inflation and interest rate hikes, similar to the U.S. Akin Oyedele, investing deputy editor at Business Insider, joined CBS News' Catherine Herridge to discuss.
Wall Street closes lower after brutal week
It has been a trying week for the stock market and investors, with all major indices in the red on Friday. Hope King, business reporter for Axios, discusses what may be coming next, and how you can protect your money.
New book explores life of Treasury Secretary Janet Yellen
Author Jon Hilsenrath has written a new book about the life of Treasury Secretary Janet Yellen titled "Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval." He joined Catherine Herridge to discuss the book and Yellen's impact on the economy.
Concerns about inflation and interest rates
Core inflation in the U.S. surged to the highest level in 40 years as prices for housing, food and health care continued to rise. Abha Bhattarai, an economics correspondent for The Washington Post, joined Catherine Herridge to discuss September's CPI report.
Impact of latest interest rate hike on Americans
CBS News chief foreign affairs correspondent Margaret Brennan joins CBS News' Catherine Herridge to discuss this week's edition of "Face the Nation." They break down the Federal Reserve's latest interest rate hike and preview an upcoming exclusive interview with Ukrainian President Volodymyr Zelenskyy.
China eases, slightly, its draconian "zero-COVID" restrictions
The moves are clearly aimed at luring some business back into the country, but they may not go far enough to entice many travelers.
The impact of young voter turnout on the midterms
Anthony Salvanto, CBS News elections and surveys director, joined John Dickerson to discuss the impact of young voters on the midterm elections.
Dow surges on lower inflation report
Markets surged Thursday as investors cheered the lower-than-expected October Consumer Price Index. John Leer, chief economist at Morning Consult, joins CBS News' Lana Zak and Errol Barnett to discuss the potential impact on interest rates and the overall economic outlook.
Dow soars 1,000 points on better-than-expected inflation report
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
U.S. consumer prices rose
The consumer price index rose 7.7% in October from a year earlier. Javier David, managing editor for business and markets at Axios, joined CBS News' Anne-Marie Green and Nancy Chen with a look at how the markets are reacting.
Charlie Kirk murder suspect appeared to confess to killing on Discord, company says
"It was me," a Discord account belonging to accused shooter Tyler Robinson appeared to state, according to a company spokesperson.
Appeals court says Lisa Cook can remain Fed governor, rejecting Trump's bid to fire her
The U.S. Court of Appeals for the D.C. Circuit declined to grant the Trump administration emergency relief and clear the way for Mr. Trump to remove Cook from her position.
JD Vance hosts "The Charlie Kirk Show" after Kirk's assassination
Vance has described his longtime friendship with Kirk, who was also a key ally in his political rise.
Trump announces second U.S. strike against alleged Venezuela drug boat
President Trump announced Monday the U.S. military has carried out a second strike on alleged Venezuelan "narcoterrorists."
Exclusive
Oracle could play key role in TikTok deal between Trump administration and China, sources say
Technology company Oracle is among a consortium of firms that would enable TikTok to continue operations in the U.S. if a framework deal is finalized, sources say.
Patel says he doesn't regret his post about Kirk case that turned out to be wrong
Kash Patel and his deputy Dan Bongino are challenging the FBI's fierce allegiance to message control.
Trump says he would have lowered flag for assassinated Democrat if asked
Mr. Trump said after the Minnesota assassination that he didn't want to "waste time" calling the state's governor after two lawmakers were gunned down.
Charlie Kirk shooting suspect under special watch as investigators seek motive
The suspect in the assassination of Charlie Kirk is under special watch in a Utah jail, days after he allegedly shot and killed the 31-year-old conservative activist.
Trump signs memo sending federal law enforcement to join Tennessee National Guard in Memphis
Memphis will become the third U.S. city to see National Guard troops in its streets during President Trump's second term — and he said Monday that Chicago is "probably next."