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At least 13 are dead in a school shooting in Central Russia; Interest rate hikes are being used to combat inflation.
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At least 13 are dead in a school shooting in Central Russia; Interest rate hikes are being used to combat inflation.
Package explodes at Northeastern University; Senate and governor races intensify in key swing state
Democratic challenger chosen for Florida governor's race; Land-value tax could help fix the U.S. housing crisis
Cooling price growth in food, rent and energy mean that workers' pay is finally beating inflation.
Funerals held for Uvalde victims; Federal Reserve looks to tackle inflation.
Biden says inflation is top domestic priority; Interest rates hit homebuyers' wallets
Alabama inmate captured in Indiana; Queen Elizabeth not opening UK Parliament.
Federal Reserve hikes interest rate by 0.5%; Comedian Dave Chappelle attacked on stage
U.S. urges Canada to end trucker protest; Drew Carey opens up about suspicious death of former fiancée
Thousands of people trapped in strategic port city amid Russia advance; How the war in Ukraine is fueling the rise in gas prices in the U.S.
Dozens reported killed as Russia expands assault in western Ukraine; Guest worker visa applications soar amid labor shortage
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
The Labor Department reported Wednesday that the Consumer Price Index dropped to an annual growth rate of 3% in June, the lowest inflation has been since early 2021.
According to a survey by Bankrate, some Americans say they need to earn about $233,000 a year in order to feel financially secure and nearly $483,000 a year to achieve financial freedom. Sarah Foster, an analyst for Bankrate, joined CBS News to talk about the findings.
The most recent inflation data could impact everything from your mortgage to Social Security benefits.
Inflation may be continuing to ease in the U.S., according to new data released Wednesday by the U.S. Bureau of Labor Statistics. Lori Bettinger, president of BancAlliance, joined CBS News to discuss the numbers and what they might mean for future interest rate hikes.
The inflation rate for food finally began to drop last August, but despite the overall trend, not everything on the shelves is seeing a price drop. Some items, known as "center store" products, have become more expensive. Jesse Newman, a reporter who covers food and agriculture for the Wall Street Journal, joined CBS News to talk about why those products are getting pricier.
Prices remain stubbornly high in one part of the country, driven by high housing costs and an influx of new residents.
Job creation slowed down last month, but Friday's jobs report still outperformed some economists' expectations. Javier David, managing editor for business and markets for Axios, joined CBS News to discuss what the numbers might mean for interest rate changes from the Federal Reserve.
President Biden touted his economic agenda during a speech in South Carolina on Thursday. The president criticized Republican lawmakers for voting against the Inflation Reduction Act, while pointing out those measures are leading to job increases in red states. CBS News senior White House correspondent Weijia Jiang joins "America Decides" to discuss how the president is framing his economic policies to voters.
Although policymakers kept rates steady last month, some Fed officials wanted to keep raising them.
New economic indicators closely watched by the Federal Reserve suggest an expected interest rate hike in July may not be locked in after all. The personal consumption expenditures index shows prices easing slightly for the month of May as consumer spending begins to slow. New York Times business reporter Jordyn Holman joined CBS News with more.
Jared Bernstein, Council of Economic Advisers chairman, joins CBS News' chief election & campaign correspondent Robert Costa to discuss President Biden's new economic plan, which Mr. Biden unveiled Wednesday in Chicago.
President Biden has unveiled his new plan for the U.S. economy. During a speech in Chicago, he touted growing the economy by focusing on expanding the middle class. CBS News White House reporter Bo Erickson has more.
Cookout costs will vary, but Americans hitting the road are about to save $2.6 billion on gas this holiday weekend over last year.
President Trump hosted Ukrainian President Volodymyr Zelenskyy and European leaders at the White House. They presented a united front on the Russia-Ukraine war.
President Trump says he plans to sign an executive order "to end mail-in ballots, because they're corrupt." Here's what to know about his claims.
Erin is the first hurricane to develop over the Atlantic this year, and meteorologists are closely tracking its path and forecast.
More than 550 pages of investigation documents were released by Idaho State Police in response to public records requests.
Democratic state Rep. Nicole Collier says she remains locked in the House chamber because she wouldn't sign a permission slip to be under escort by the Texas Department of Public Safety.
A federal judge tossed out part of a lawsuit brought by detainees at the "Alligator Alcatraz" detention center in the Florida Everglades, handing a partial victory to the Trump administration.
Missouri Attorney General Andrew Bailey will serve as the FBI's co-deputy director, alongside the law enforcement agency's current second-in-command, Dan Bongino.
Twenty states and the District of Columbia sued the Justice Department for adding a new immigration enforcement rule to crime victim grants.
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.