Busy Labor Day travel expected
Fewer cancellations and lower gas prices are expected for travelers this Labor Day. CBS News correspondent Omar Villafranca reports from Dallas Fort Worth International Airport.
Gas Prices
U.S. stocks end lower for 3rd straight week, despite jobs numbers
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
As Russia turns off the gas, can Germany stay warm this winter?
Moscow says a major pipeline had to be shut for maintenance, but with the Ukraine war raging, Europe is racing to wean itself off Russian gas.
A Walmart Plus membership will save you money on gas, Paramount Plus and more. Is it worth it?
Become a Walmart+ member to shop exclusive sales, save money on gas, and get a subscription to Paramount+ for free.
States tap surpluses for tax cuts, rebates to offset inflation
Republicans and Democrats alike have joined the tax-cutting trend during a midterm election year.
U.S. stocks slump as investors continue to fret over Fed plans
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Job openings rose in July after 3 months of declines
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
Stocks close lower, adding to Friday's steep losses
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
Inflation cools as U.S. consumer prices rose 6.3% in July
Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
Powell says Fed could keep lifting rates "for some time"
While higher borrowing costs will hurt, failure to ease inflation "would mean far greater pain," Federal Reserve chief says.
The rise of side hustles amid inflation
CBS News' Anne-Marie Green and Errol Barnett talk with Alejandro Chavarria, Erin Welsh and Pamela Ortiz, who are each pursuing side hustles, as part of CBS News' Uncertain Economy series. More and more Americans are taking on extra work as they struggle to make ends meet amid rising gas and grocery prices due to inflation.
Latest GDP figure eases concern about imminent U.S. recession
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
Stocks fall sharply amid renewed inflation fears
S&P 500 suffers its biggest drop since June as investors fret over the Fed's effort to tame inflation.
U.K. inflation tops 10% on soaring food and energy costs
Britain's inflation rate soared to a new 40-year high, squeezing households. Economists expect it to get worse.
Target's profit craters after it cut prices to clear inventory
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
Walmart reports better-than-expected Q2 as Americans cut costs
The company is cutting prices to get rid of excess inventory after a huge shift in how Americans spend.
U.S. stocks up as investors focus on economy ahead of retail data
Walmart and Home Depot kick off a host of retail earnings reports on Tuesday, followed by Lowe's and Target.
U.S. stocks fly high, as S&P 500 ends 4th straight week of gains
Some investors believe inflation may have peaked, allowing Federal Reserve to be less aggressive with hikes.
Gas prices drop under $4 average
According to AAA, the national average price for a gallon of gas has dropped to $3.99. CBS News transportation correspondent Errol Barnett joins Carter Evans to discuss the latest.
Gas prices fall below $4 for first time since March
The average price for a gallon of regular gas fell below $4 for the first time in five months, according to AAA. The relief comes from an increase in global oil supply and a decrease in fuel demand. Errol Barnett takes a look.
Gas prices drop below $4 a gallon for first time since early March
Declining oil prices and somewhat lower demand for gas since motorists have been driving a little less have combined to give Americans some relief at the pump.
Prices dropping across the U.S.
The national average gas price has dropped to below $4. Plus, wholesale prices dropped in July for the first time since April 2020. Jaime Quiros, senior portfolio manager at FBB Capital Partners, joins CBS News to discuss what these reports mean for the state of the economy.
Food costs hit highest inflation level in 40 years
Despite inflation slowing down in July, food prices are rising to levels not seen in more than 40 years. Yahoo Finance reporter Alexandra Semenova joins "CBS News Mornings" to discuss the latest.
Investors cheered by another sign U.S. inflation is easing
Economy is "experiencing a healthy deceleration, not a recession," Goldman Sachs analyst says.
U.S. stocks soar to 3-month high as inflation falls in July
Latest inflation data bolsters hopes that consumer prices have peaked and that the Fed can temper interest rate hikes.
In talks with Trump and NATO countries, Zelenskyy says Putin is "bluffing"
Presidents Trump, Zelenskyy and numerous NATO leaders held a virtual meeting Wednesday ahead of Friday's scheduled summit between Mr. Trump and Russian President Vladimir Putin.
Trump visits Kennedy Center and announces honorees. See the full list.
President Trump announced this year's "truly exceptional class" of Kennedy Center Honorees and said he will host the annual ceremony himself.
Threat over after Alaska's capital sees record glacier-related flooding
Alaska's capital of Juneau faced record floodwaters due to rainwater and snowmelt flowing downstream from a basin dammed by the Mendenhall Glacier.
Falling tree kills family as Chattanooga flooding prompts water rescues
Four people have died in heavy rain and flooding that hit near Chattanooga in Tennessee, officials said.
Taylor Swift announces new album, "The Life of a Showgirl," coming Oct. 3
Taylor Swift announced her 12th studio album, "The Life of a Showgirl," after a countdown tease on her website. The release date is now set for Oct. 3.
Staffing shortages at VA health systems on the rise, watchdog finds
The VA's Office of Inspector General found facilities reported 4,434 staffing shortages this fiscal year, which is a 50% increase from fiscal year 2024.
Mexico sends 26 cartel members to U.S. in deal with Trump administration
The transfers are a milestone for the Trump administration, which has made dismantling dangerous drug cartels a key Justice Department priority.
Missouri confirms case of rare brain-eating amoeba infection
A person in Missouri has been hospitalized after contracting a brain-eating amoeba, possibly after water skiing in the Lake of the Ozarks, state health officials said Wednesday.
Florida's first black bear hunt in a decade approved despite strong opposition
The first black bear hunt in Florida in a decade will take place in December under a rule adopted Wednesday by state wildlife officials.