Hit by a sales slump, Olive Garden plans a menu change
Olive Garden's same-restaurant sales dropped in its most recent quarter. Now, it's tweaking its menu.
Inflation
Poll: Harris makes gains with economic voters
The latest CBS News polling shows Vice President Kamala Harris making up some ground regarding what most voters consistently say is the biggest issue this election: the economy. Harris' support among voters who say the economy is a major factor in the 2024 race has gone up four points since August. CBS News chief White House correspondent Nancy Cordes joins to discuss.
Poll: Harris makes headway on economy
New CBS News polling finds registered voters have a more positive view of the economy now than August. It also reveals that Vice President Kamala Harris has narrowed her deficit with former President Donald Trump among those who call the economy a major factor in their vote. Molly Ball, senior political correspondent at The Wall Street Journal, and Brakkton Booker, national political correspondent with Politico, join "America Decides" with analysis.
Inflation concerns weigh heavily on voters
Many Americans are voting with their wallets this year, which is unsurprising considering the U.S. economy consistently polls as a top concern. Vice President Kamala Harris and former President Donald Trump are offering vastly different proposals for solving the stubborn problem of inflation. Mark Strassmann has an in-depth look at the issue.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Why the Fed cut rates for first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for TheStreet, joins CBS News to explain the Fed's move.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Trump and Harris' views on inflation — their records and what they've said
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's views on combating high prices for Americans.
Map shows average home insurance price in your state as risks rise
Home insurance premiums have at times risen 40% faster than inflation. Extreme weather events are likely to make the expense worse.
U.S. inflation drops to lowest level in years
Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Martin Baccardax, senior editor and chief markets correspondent for the Street, joins to discuss.
Inflation eases ahead of expected rate cuts
The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. Jo Ling Kent has details.
High prices despite cooling inflation
The Federal Reserve could cut interest rates during its Sept. 18 meeting after months of no change. CBS News business analyst Jill Schlesinger breaks down why consumer prices remain high despite inflation dropping to its lowest level since early 2021.
August CPI report shows 0.2% inflation rise
The Consumer Price Index rose 0.2% in August, the same as July, putting the 12-month inflation rate at 2.5%. CBS News contributor Javier David has a look at the numbers and what they might mean for interest rates.
Here are 3 key economic issues to watch for during the Harris-Trump debate
About 8 in 10 adults tell CBS News the economy is a major factor in their vote, outpacing abortion and climate change.
Debate: Harris, Trump on economy, immigration
The economy and immigration are top of mind for voters heading into Tuesday night's presidential debate. CBS News' Jo Ling Kent and Camilo Montoya-Galvez have more on how Vice President Kamala Harris and former President Donald Trump are addressing each issue.
American household incomes rebounded in 2023 to pre-pandemic levels
New Census data finds the typical household earned $80,610 last year, a 4% jump from 2022 and the first significant boost since 2019.
Harris, Trump virtually tied in battlegrounds
The latest CBS News polling released over the weekend shows Vice President Kamala Harris and former President Donald Trump remain in a virtual tie in the battleground states of Michigan, Wisconsin and Pennsylvania ahead of Tuesday's debate. CBS News executive director of elections and surveys Anthony Salvanto joins to dig through the numbers.
Jobs report falls short of expectations
The U.S. added 142,000 jobs in August, the Labor Department reported Friday, which was below forecasts, although the unemployment rate ticked down to 4.2%. Economists still overwhelmingly anticipate an interest rate cut from the Federal Reserve in mid-September. Jo Ling Kent has details.
Will the Federal Reserve cut rates?
The Federal Reserve is expected to cut interest rates in September as inflation appears to cool. CBS News contributor Javier E. David has more on what to expect.
Food costs remain high amid holiday BBQs
Food shoppers are feeling the pinch this Labor Day weekend as they gather around the grill. While inflation has fallen below 3% for the first time since 2021, high food prices remain a problem. Janet Shamlian digs into the issue.
Subway joins the value meal battle with a new price on its footlongs
The deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
live updates
Government shutdown begins as up to 750,000 workers face furlough
The first government shutdown in nearly seven years is underway as Republicans and Democrats remain at an impasse over 2025 funding. Follow live updates here.
Jane Goodall, renowned conservationist, dies at 91
British conservationist Jane Goodall spent her life researching and educating others about chimpanzees and the natural world.
These hospitals face major flood risk. Experts say Trump is making it worse.
Hospitals across the U.S. are at risk of significant flooding, and climate experts warn that the Trump administration's cuts leave the nation less prepared.
NYC high-rise partially collapses after explosion
Emergency crews are responding to reports of a possible gas explosion and partial building collapse in the Mott Haven section of the Bronx.
Legal threats hang over governor's race after report on Sherrill's military records
The National Archives admitted it had erred in releasing a mostly unredacted version of Mikie Sherrill's military records to an ally of her opponent.
Trump decrees any attack on Qatar be treated as threat to U.S.
Weeks after Israel bombed Qatar's capital, Trump signed an executive order declaring any attack on the Arab nation will be treated as a threat to the U.S.
Iowa teen dies after being mistaken for squirrel during hunting trip
A 17-year-old hunter died in rural Iowa after he "was mistaken for a squirrel by a member of his hunting party," state officials said.
Ramen trend inspired by "KPop Demon Hunters" causing burns, doctors warn
Doctors are warning of a food trend inspired by the popular Netflix movie "KPop Demon Hunters" that is leading to serious burn injuries.
Supreme Court allows Lisa Cook to remain on Federal Reserve Board for now
A federal district ruled in September that President Trump's attempt to fire Lisa Cook from the Federal Reserve Board of Governors was likely illegal.