Stocks slide after huge January jobs number
Stocks fell early Friday as a surprisngly strong monthly jobs report and weaker-than-expected financial performances from some of the country's biggest technology companies. The S&P...
The Fed’s favorite inflation gauge shows price hikes cooled in December
The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending dipped — the latest evidence that the Fed's series of interest rate...
An inflation measure watched by the Fed eases to 5.5%
A measure of inflation closely watched by the Federal Reserve slowed last month, another sign that a long surge in consumer prices seems to be...
Fed hikes key interest rate for seventh time this year
The Federal Reserve has raised interest rates for the seventh time this year, while signaling that it is moving more cautiously as the U.S. economy...
Here’s how much more Thanksgiving dinner will cost you this year
In early November, Hays Culbreth's mother sent a poll to a few family members. She said she could only afford to make two sides for...
Biden makes late push across West aiming to deliver votes for Democrats
President Joe Biden strode into the telephone bank at a crowded union hall and eagerly began making calls and eating doughnuts — one frosted, one...
Saudis say US sought 1 month delay of OPEC+ production cuts
DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday that the U.S. had urged it to postpone a decision by OPEC and its allies...
U.S. average mortgage rates hit 6.29%, marking a 14-year high
U.S. average mortgage rates hit 6.29%, marking a 14-year high - CBS News Watch CBS News Home buyers nationwide are pulling back from the market...
Bobbing for apples: Inflation, labor shortages could put future of U.S. orchards in jeopardy
Apples are the center of many autumn traditions, like trips to the orchard or the farmers' market and making pies. But for the people who...
Stocks sink to new low for 2022, closing dismal month with mounting recession fears
Wall Street is at its worst levels in almost two years Friday as the end nears for what's been a miserable month for markets around...