Fed looks to hike interest rates half a point as inflation soars
The Fed raised its rate by .25% in March, which some experts felt was not enough.
Inflation
Netflix stock drops after subscriber loss
Netflix suffered its biggest stock loss in nearly two decades, losing more than $50 billion in market value. It comes after the streaming giant announced a loss of 200,000 subscribers last quarter. Carter Evans takes a look.
The cost of returning to the office
Many companies are calling employees back to an in-person work environment, and workers are now dealing with the costs of coming back to the office. Charisse Jones, a business reporter for USA Today, joins "CBS News Mornings" to discuss employees' financial concerns.
How rising inflation impacts businesses and families
CBS News' Mark Strassmann takes a closer look at how inflation, which reached another four-decade high of 8.5% in March, is impacting businesses and families across the country.
Inflations hits 40-year record in U.S.
Inflation hit a fresh 40-year record in March as U.S. consumer prices rose 8.5% from a year ago. Meanwhile, Russia is accused of using starvation as a weapon of war against Ukraine. CBS News chief foreign affairs correspondent and moderator of "Face the Nation" Margaret Brennan joins Lana Zak to discuss the latest.
Inflation at highest level since 1981
Inflation is at its highest point in the U.S. since 1981, and Americans are feeling it in everything from gas prices to the rising cost of food. CBS News reporter Sarah Ewall-Wice joins "Red and Blue" to discuss the impact.
Biden says Putin committing "genocide"
President Biden said Russia's Vladimir Putin has committed genocide in Ukraine. He is also blaming the Russian invasion for economic inflation. Ed O'Keefe reports.
Biden announces ethanol rule change
The Biden administration plans to allow an ethanol blend in fuel during the summer months in an effort to ease the burden of steep gas prices. Stephen Gruber-Miller, a statehouse and politics reporter for the Des Moines Register, joins "Red and Blue" to discuss the announcement during the president's visit to Iowa.
Inflation jumps to highest level since 1981
The cost of living in America shot up in March, as consumer prices have risen 8.5% from a year ago. Steve Odland, the president and CEO of The Conference Board, joins CBS News to discuss what the increase in costs means for the economy and if the U.S. is headed towards a recession.
Inflation accelerated to 8.5% in March, highest since 1981
Price of gasoline, food and shelter rose in March, driving inflation to its highest level in more than 40 years.
Inflation reaches 40-year high
The U.S. Labor Department's latest Consumer Price Index shows prices have jumped 8.5% over the past year, the biggest spike since December 1981. Michael Pond, head of inflation research at Barclays, spoke with CBS News' Anne-Marie Green and Vladimir Duthiers about what that means for your bottom line.
What's causing the rise in inflation?
Consumer Price Index inflation is the highest it has been in over four decades. Greg McBride, chief financial analyst with Bankrate.com, joins "CBS News Mornings" to discuss some of the factors behind the latest numbers.
Inflation hit 40-year record
The Labor Department released its consumer price index report on Tuesday, showing inflation hit a fresh 40-year record in March as U.S. consumer prices rose 8.5% from a year ago. Ed O'Keefe reports from the White House.
Inflation, bird flu drive up egg prices
With Easter less than a week away, the price of eggs is skyrocketing. Costs are being driven up by several factors, including an outbreak of bird flu and record inflation. Omar Villafranca visited a Texas egg farm to learn more.
EPA to try to fight high gas prices at the pump with ethanol blend
It's the Biden administration's latest attempt to bring gas prices down for Americans.
Inflation, deadly bird flu drive up egg prices
The cost of eggs is skyrocketing, thanks to several factors. Omar Villafranca reports.
Decline in Biden's approval rating
Despite a strong job market, the rising costs of food, gas and rent have Americans concerned, and it's taking a toll on President Biden's approval rating. CBS News Washington reporter Caitlin Huey-Burns joins Tanya Rivero to discuss the possible impact on this year's midterm elections.
CBS News poll: Inflation outweighs jobs on economic views
Rising prices force cutbacks, and economy continues to take a toll on President Biden's numbers.
Democrats could pay high price for inflation
While jobless claims are at their lowest point in more than 50 years, Americans are still feeling the pinch of rising prices. CBS News political reporter Caitlin Huey-Burns joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss how voters' views on inflation could sink Democrats in the upcoming midterm elections.
Face The Nation: Gottlieb, Mester, Johnson
Missed the second half of the show? The latest on new COVID-19 cases in the U.S., Cleveland Fed chief discusses inflation, and former Homeland Security Secretary Jeh Johnson on the preparation for an influx of migrants at the southern border to the U.S..
Cleveland Fed chief expects inflation above 2% into 2023
Loretta Mester, the president and CEO of the Federal Reserve Bank of Cleveland, says she expects inflation to ease into next year, but remain above 2%.
World food prices at all-time high due to Ukraine war, U.N. says
One official of the world body calls it "remarkable." The measure rose 12.6% from February's record mark.
Postal Service seeks to raise mail prices
The U.S. Postal Service wants to raise postage rates this summer, less than a year after it increased the price for a first-class Forever stamp. The price would rise to 60 cents from 58 cents.
Economic challenges continue with inflation
Despite unemployment hitting a record low, Americans are still seeing high prices at grocery stores and gas stations. Scott MacFarlane has more on the economic situation from the White House.
MoneyWatch: Unemployment drops in March
According to a report released Friday by the U.S. Bureau of Labor Statistics, U.S. employers added 431,000 jobs in March. Wages also picked up and unemployment dropped, but high inflation rates and a high demand for workers continue to plague the U.S. CBS News' Tanya Rivero and Nikki Battiste discuss the report with Diane Swonk, a chief economist for Grant Thornton.
Trump says he's fired Federal Reserve board member Lisa Cook
The president made the dramatic move after engaging in months of public attacks against the central bank.
Kilmar Abrego Garcia taken into ICE custody, facing deportation to Uganda
Kilmar Abrego Garcia was taken into custody Monday by immigration authorities and the Department of Homeland Security said he is being processed for deportation to Uganda.
Trump wants to punish flag burning. Is burning the American flag illegal?
President Trump signed an executive order that seeks to go after people who burn the American flag.
Powerball estimated jackpot jumps to $815 million, game's 7th biggest
Wednesday night's Powerball jackpot will be an estimated $815 million, the game's seventh biggest, with an approximate cash value of $367.9 million, after no one won Monday's $750 million grand prize.
Trump floats changing Defense Department to Department of War
President Trump on Monday floated returning the Department of Defense to its prior name, the Department of War, calling its current moniker "too defensive."
House Oversight Committee subpoenas Jeffrey Epstein's estate
House Oversight Committee Chairman James Comer subpoenaed estate of Jeffrey Epstein, seeking over a dozen categories of documents.
Why Cracker Barrel's new logo is a flop, according to branding experts
Cracker Barrel badly misread its own customer base — and our culturally sensitive times — in trying to spruce up its image, experts say.
Lil Nas X pleads not guilty to felony battery against a police officer in L.A.
Lil Nas X has been charged with three felony counts of battery with injury on a police officer and one felony count of resisting arrest after he was arrested last week on Ventura Boulevard in Studio City.
FEMA staff argue Trump administration's cuts risk undoing progress since Katrina
A group of current and former FEMA officials is blasting the Trump administration for its sweeping changes to the disaster relief agency, days before the anniversary of Hurricane Katrina.