7/19: Red and Blue
President Joe Biden weighs whether to make a climate emergency declaration; Emmett Till's home to receive landmark funds.
Inflation
What's behind U.S. gas price fluctuations
CBS News' Tanya Rivero and Elaine Quijano sit down with Evan Halper, a business reporter for "The Washington Post," to discuss fluctuating gas prices. While gas prices have recently fallen, Halper talks about his new reporting about expectations that costs will spike again and others' reactions to the Biden administration's efforts to combat high energy costs.
CBS Evening News, July 15, 2022
Biden holds controversial meeting with Saudi crown prince; "CBS Evening News" viewers help raise $45,000 for family struggling to afford gas
Making sense of the economy amid inflation
Economists were spot on that our post-pandemic recovery will not follow the normal rules. However, we now find ourselves watching inflation skyrocket as fuel prices fall. Derek Thompson, staff writer at the Atlantic, joins CBS News to discuss his latest piece, titled "The Everything-Is-Weird Economy."
MoneyWatch: Global recession fears grow
Fears of a global economic downturn are growing as nations around the world react to inflation concerns. Peter Goodman, global economics correspondent for the New York Times, joins CBS News to discuss why he believes the COVID-19 pandemic remains the root cause of our current economic situation.
7/13: Red and Blue
Inflation hits highest rate in 40 years; Rise in Los Angeles COVID cases
Inflation "entrenched" in U.S. economy, Goldman Sachs CEO says
David Solomon warns that Americans face more uncertainty as soaring prices dent confidence and weigh on stocks.
Europe feels pain of soaring fuel costs as Ukraine war drags on
In Italy more people are heading to food banks, while Germans are turning down the AC to prep for energy rationing.
Face The Nation: Hochstein, Furman, Bowser
Missed the second half of the show? The latest on energy from Biden's coordinator, Amos Hochstein who says Gulf states have "more room" to boost oil supply; Jason Furman says Democrats' tax plan would "unambiguously bring inflation down"; Mayor Muriel Bowser's federal plan to stop migrants from being tricked onto buses
Furman: Democrats' tax plan would "unambiguously bring inflation down"
Jason Furman, a former chairman of the Council of Economic Advisers in the Obama White House, says a Democratic proposal to increase taxes on the wealthy would "unambiguously bring inflation down."
Open: This is "Face the Nation with Margaret Brennan," July 17
This week on “Face the Nation with Margaret Brennan,” with inflation now hitting over 9%, we have a string of guests to talk about the state of the American economy as experts fear a recession is coming. Plus, more on the subpoena to the U.S. Secret Service sent by the House select committee investigating the Jan. 6 attack on the U.S. Capitol with member Rep. Adam Kinzinger.
Gas prices affect travelers for medical treatment
While surging gas prices and record-high inflation affects most Americans, one group is hit especially hard: Families that have to travel long distances for necessary medical treatment. Adriana Diaz meets with affected families to discuss their realities and the sacrifices made to receive care.
Viewers donate to family struggling to afford gas
"CBS Evening News" viewers helped raised more than $45,000 for a family who was struggling to pay for gas to get their daughter who has cancer to her medical appointments. The family won't have to rely on high-interest payday loans to buy gas thanks to the donations.
Strong close of week for U.S. stock market
The U.S. stock market ended the week strong despite fears brought on by the latest spiking inflation numbers. John Leer, chief economist for Morning Consult, joined CBS News to discuss what's driving U.S. stocks and what to expect at the upcoming Federal Reserve meeting.
Stocks rally as investors look for "pockets of optimism"
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
Families struggle as inflation, gas prices soar
Inflation is pushing many Americans past their financial limits. Adriana Diaz met one family that's taking out high-interest loans to pay for gas to get their daughter to her cancer treatments.
U.S. stock market dips as inflation rate rises
Washington Post economics correspondent Rachel Siegel joined CBS News' Tanya Rivero and Elaine Quijano to discuss the latest market updates.
U.S. stocks sink as investors worry Fed hikes might derail growth
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
Inflation surges in June
Inflation hit a fresh 40-year record in June, with consumer prices increasing 9.1% . It's the fastest increase in prices since November 1981, and above what economists had expected. Nancy Chen reports.
CBS Evening News, July 13, 2022
U.S. inflation hits 41-year high; Statue of civil rights leader replaces Confederate statue at U.S. Capitol
"Shrinkflation": Consumers getting less for their money
Consumers are getting less for their money as products get smaller and prices stay the same. Carter Evans has more on "shrinkflation."
U.S. inflation hits 41-year high
Inflation surged to a 41-year high, with the Consumer Price Index showing Americans paid more last month for just about every necessity from gas prices to rent. Nancy Chen takes a look.
Fed rate hikes hurting would-be home buyers
The Fed has tried to ease inflation by raising interest rates, but that move is also shutting some would-be home buyers out of the housing market. New York Times Federal Reserve and economy reporter Jeanna Smialek explains how the Fed's actions are putting more pressure on renters.
CPI report shows inflation rose 9.1% in June
The U.S. Department of Labor's latest CPI report shows prices in June rose 9.1% from last year, marking the largest year-over-year increase since 1981. CBS News' Sarah Ewall-Wice shares more about what this could mean for the economy.
Republicans criticize Biden amid inflation
Republicans criticized President Joe Biden after new data revealed that inflation surged to a 41-year high last month. CBS News' Tanya Rivero and Elaine Quijano assess the current state of the U.S. economy with reporter Sarah Ewall-Wice.
Some National Guard members in D.C. are now armed
Some National Guard members in Washington D.C., likely fewer than 50, will be armed starting Sunday night, a military official told CBS News.
As measles surged, Trump administration's actions hampered CDC response
Trump officials sowed fear and confusion among CDC scientists, slowing their response to the measles outbreak in West Texas.
Evidence in lawsuit raises new questions about 9/11 terror attacks
Important questions are being raised about 9/11 as evidence surfaces in a lawsuit against the Saudi government filed by families of the people killed in the 2001 terrorist attacks.
Mississippi declares public health emergency over rising infant deaths
Mississippi's infant mortality rate nearly double the most recent national average of 5.6 deaths per 1,000, according to the state Department of Health.
SpaceX resets Super Heavy-Starship test flight for tonight after ground systems issues
Taking no chances, SpaceX called off an attempt to launch its huge Super Heavy-Starship rocket after running into problems with ground equipment.
Trump responds to Maryland governor's invite to Baltimore
The president also threatened to rethink the federal funding set to aid in replacing the collapsed Francis Scott Key Bridge.
Ukraine marks Independence Day as Vance says Russia has made "significant concessions"
Russia accused Ukraine of launching drone attacks that sparked a fire at a nuclear power plant in its western Kursk region overnight Sunday.
Powerball's 10th-largest jackpot is now $750 million for tonight's drawing
The Powerball jackpot is now an estimated $750 million for Monday night's drawing, making it the 10th-largest jackpot in Powerball game history.
Jerry Adler, "Sopranos" and "The Good Wife" actor, dies at 96
Jerry Adler's acting credits include "The Sopranos" and "The Good Wife." He also had 53 Broadway productions to his name, all behind the scenes.