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A new CBS News poll finds nearly two-thirds of Americans now disapprove of how President Trump is handling inflation -- the highest disapproval for him on that subject since taking office. Ed O'Keefe has details.
Investors are bracing themselves for second-quarter corporate earnings reports. Meanwhile, Commerce Secretary Howard Lutnick said on "Face the Nation with Margaret Brennan" that the White House is expecting major trade deals over the next two weeks as President Trump's Aug. 1 tariff deadline approaches. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump's approval rating has dropped as he marks six months in office for his second term, a new CBS News poll finds. Nancy Cordes has more details.
It has been six months since President Trump began his second term. Americans shared their views on some of the administration's legislative goals, including immigration, the U.S. economy and more in a new CBS News poll. CBS News' Natalie Brand has the latest from the White House.
President Trump has relentlessly criticized Fed Chair Jerome Powell for not cutting interest rates. Tuesday night, he privately floated firing Powell. Nancy Cordes reports.
Democratic Sen. Elizabeth Warren of Massachusetts, a longtime critic of Jerome Powell, is speaking out against President Trump's threats to fire the Fed chair. Warren joins "The Takeout" to explain her position and take stock of Mr. Trump's economy.
Former Vice President Mike Pence discusses the first six months of President Trump's second term, weighs in on Mr. Trump's criticism of Federal Reserve Chair Jerome Powell, and calls on the Trump administration to "release all the files" on Jeffrey Epstein in an extended interview with "The Takeout" host Major Garrett.
President Trump on Tuesday night privately floated firing Federal Reserve Chairman Jerome Powell, then publicly backed away on Wednesday. CBS News chief White House correspondent Nancy Cordes reports.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
The Producer Price Index report showed wholesale inflation measure was unchanged in June. It comes on the heels of the Consumer Price Index showing inflation accelerated in June. CBS News business contributor Javier David joins to break it down.
Wholesale inflation remained unchanged in June, according to new Producer Price Index data. Meanwhile, "crypto week" in Washington has hit a snag as Republican lawmakers side with Democrats on cryptocurrency legislation. CBS News' Natalie Brand has the latest, while Stephen Kates, a financial analyst with Bankrate, joins to break down PPI data.
The Consumer Price Index, which tracks the changing costs of goods, rose in June for the second month in a row. Kelly O'Grady breaks down what that means.
The new Consumer Price Index showed inflation accelerated in June, a sign that President Trump's tariffs are beginning to have an impact. CBS News MoneyWatch correspondent Kelly O'Grady explains.
New data from the Labor Department shows inflation ticked up to its highest level since February in June with consumer prices rising at an annual rate of 2.7%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones finished the day down on Tuesday after new data showed inflation accelerated in June, rising 2.7% on an annual basis. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Consumer Price Index data for June emerged Tuesday, showing a 0.3% rise for the month and a 2.7% annual rate. CBS News' Natalie Brand has more from the White House.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
President Trump on Thursday threatened to impose a 35% tariff on Canadian goods beginning Aug. 1. Mr. Trump's latest salvo came after he also threatened tariffs on a number of other countries earlier in the week, including Japan and South Korea. Kelly O'Grady looks at how other nations are reacting.
Stocks fell across the board on Friday after President Trump threatened a new 35% tariff on Canada. CBS News contributor Javier David breaks down the market's reaction.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
The S&P 500 and Nasdaq notched new all-time highs, buoyed by easing trade tensions and hopes for lower interest rates.
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday about the state of the U.S. economy. CBS News senior business and technology correspondent Jo Ling Kent has the details.
President Trump and Russian President Vladimir Putin are planning to meet in Alaska on Friday, August 15.
The Georgia Bureau of Investigation on Saturday identified the gunman as 30-year-old Patrick Joseph White, of Kennesaw, Georgia.
The meeting comes as there is growing international condemnation of Israel's decision for a military takeover of Gaza City, while little appears to have changed immediately on the ground.
Three people were hurt in a shooting in Times Square overnight Friday, New York City police say.
President Trump has nominated Mike Waltz, his former national security adviser, to be U.S. ambassador to the United Nations.
Jen Pawol has made history as the first female umpire to work a regular-season game in the major leagues.
A mysterious fireball blazed across the sky in broad daylight on June 26, sparking hundreds of siting reports in Georgia and South Carolina.
The splashdown off San Diego closed out a 148-day mission for two NASA astronauts, a Japanese flier and a Russian cosmonaut.
British Parliament in early July passed a law banning Palestine Action and making it a crime to publicly support the organization.