
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.
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Rising prices force cutbacks, and economy continues to take a toll on President Biden's numbers.
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.
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..
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%.
One official of the world body calls it "remarkable." The measure rose 12.6% from February's record mark.
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.
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.
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.
Gas prices are once again climbing in Europe, which gets 40% of its gas from Russia, because of supply-chain-related concerns related to the invasion of Ukraine. Josh Wingrove, White House reporter for Bloomberg, joins CBS News' Tanya Rivero and Mola Lenghi to discuss where Europe could begin looking for its future gas needs.
"We have a very entitled generation that has never had to sacrifice," Rob Kapito reportedly said at an oil and gas conference.
A trio of bills in Congress would offer stimulus payments and rebates to help Americans cope with soaring gas prices.
Certain states have temporarily suspended their gas taxes as prices at the pump have surged in the U.S. amid inflation and Russia's war with Ukraine. Tamar Essner of Vectis Energy Partners joined CBS News' Meg Oliver and Tanya Rivero to discuss the gas tax holiday.
As gas prices soar across the country to record highs, states are grappling with how to help consumers.
The cost of housing, heating and transportation is reaching record highs, squeezing renters on all sides.
Ukraine is one of the world's top exporters of wheat. Many countries in Africa and the Middle East rely on the country for its food products. But, Russia's attacks on Ukraine are disrupting its agricultural and shipping industries. Joseph Glauber, a senior fellow at the International Food Policy Research Institute, joined CBS News to discuss.
A shift to remote work during the COVID-19 pandemic emptied out offices across the U.S., but companies are now bringing their workers back. However, the real estate market for offices is in a whole different place than it was before the pandemic. Crain's New York Business editor-in-chief Cory Schouten joins CBS News to discuss how small businesses and tenants have the upper hand.
U.S. inflation is at its highest rate in 40 years. Economists at Moody's Analytics say higher costs add up to almost $300 per month for the average family. CNET Money editor-at-large Farnoosh Torabi joins CBS News' Tony Dokoupil and Tanya Rivero to share spending strategies that may help offset inflation's toll on your wallet.
As gas prices hover near record highs, some drivers are going to extremes to conserve fuel. They're known as "hypermilers." Kris Van Cleave takes a look.
The Federal Reserve announced it will raise interest rates by a quarter percentage point to fight soaring gas prices and inflation. Trading expert Joe Saluzzi joined CBS News' Anne-Marie Green and Vladimir Duthiers to discuss how the stock market is reacting and what this means for our bank accounts.
Record diesel prices are stalling the trucking industry. The costs are trickling down through the economy. Errol Barnett reports.
The steep prices are trickling down through the economy.
As Americans face record high gas prices, many are debating whether the Keystone XL pipeline could help. Here's what experts say.
The quarter-point hike is the first rate increase since 2018 as the central bank looks to rein in inflation.
The Federal Reserve is expected to raise interest rates by a quarter point on Wednesday amid soaring inflation rates. Joe Glauber, a senior research fellow for the International Food Policy Research Institute, joins CBS News' Lana Zak and Enrique Acevado to discuss the Fed's plan and how it could affect rising food prices and related food insecurity.
Sharply higher prices for food, energy and other products are draining household budgets across the U.S.
The government shutdown entered its 12th day on Sunday as Republicans and Democrats remain at an impasse over a spending plan, and the Trump administration began laying off thousands of federal workers.
Recently retired Gen. Tim Haugh warns that China is hacking America's computer systems – targeting water, infrastructure and telecommunications. He says China's capacity for targeting the U.S. is growing.
The ceasefire between Israel and Hamas has brought cautious calm to the region as aid begins to flow into the Gaza Strip.
Democratic leaders in Congress have pushed for serious negotiations with Republican leaders and the White House to end the stalemate.
In his first television interview since his firing, Gen. Tim Haugh discusses his termination by the Trump administration.
Diane Keaton had a decades-long career with performances in 1977's "Annie Hall," the "The Godfather" films, and many more.
The former justice who was the deciding vote on some of the Supreme Court's most consequential decisions talks about the Court today, and about his memoir, "Life, Law & Liberty."
The shooting at Willie's Bar and Grill on St. Helena Island left at least 20 injured, including four in critical condition, the Beaufort County Sheriff's Office said.
Crucial for marine life and the global economy, coral reefs are the planet's first major environmental system to cross a climate "tipping point" as the world warms.