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News
Government shutdown costing the economy billions of dollars each week
10+ mon, 1+ week ago (795+ words) November 7, 2025 / 3:00 PM EST / CBS News With bipartisan congressional talks to end the U.S. government shutdown bogging down on Friday, the hit to the national economy is growing, experts said. "Even if there is a reopening of the government in the next…...
These 3 charts highlight the affordability issues Americans worry about most
6+ mon, 2+ week ago (900+ words) Updated on: February 24, 2026 / 11:27 PM EST / CBS News President Trump gave his 2026 State of the Union address on Tuesday evening, during which he addressed, among other topics, the economy — an urgent topic of concern for millions of Americans who say they're…...
What caused inflation to soar to its highest point in 3 years?
3+ mon, 3+ day ago (40+ words) Inflation surged again in May due to high energy costs and supply constraints worsened by the Iran war. Madison Mills, a senior reporter at Axios, joins to discuss. What caused inflation to soar to its highest point in 3 years?...
The first inflation report under new Fed chief Kevin Warsh is out — and it's not good
3+ mon, 2+ week ago (231+ words) May 28, 2026 / 8:35 AM EDT / CBS News The first inflation report under new Federal Reserve chief Kevin Warsh was released on Thursday, and it shows consumer prices in April were at their highest level in almost three years. The personal consumption expenditures…...
We moved from California to Texas for a cheaper lifestyle. We disliked almost everything else, and are moving back.
3+ mon, 2+ week ago (816+ words) This as-told-to essay is based on a conversation with Guadalupe Galindo-Nevarez, 63, who moved from California to El Paso, Texas, with her husband and daughter in 2022 and now plans to move back to California. The conversation has been edited for length…...
Latest CBS News Videos
3+ mon, 3+ week ago (50+ words) President Trump on Friday hosted a swearing-in ceremony for the new Federal Reserve Chair, Kevin Warsh. Jon Hilsenrath, visiting scholar at Duke University, joins with analysis on what Warsh will face in the coming months. New Fed Chair Kevin Warsh…...
Why Texas gas prices today are lower than other states
3+ mon, 3+ week ago (374+ words) While gas prices continue to rise amid the Iran war, Texas is among the states with the lowest prices for a gallon of regular fuel, according to AAA. The price for a gallon of gas in Texas is $4.092 as of…...
In Texas, high schools bet on a bright future for oil and gas careers under Trump
3+ mon, 3+ week ago (1485+ words) The fossil fuel industry pumps millions into preparing high schoolers for jobs as lease operators, technicians and more. The president’s call to “drill, baby, drill” has reinvigorated that work. This story was produced by The Hechinger Report, a nonprofit, nonpartisan…...
Jerome Powell's legacy as Federal Reserve chair
3+ mon, 4+ week ago (36+ words) Federal Reserve Chair Jerome Powell's last day comes after a tense tenure through a pandemic, economic turmoil and a rocky relationship with President Trump. CBS News' Emily Pandise reports. Jerome Powell's legacy as Federal Reserve chair...
What to expect as Jerome Powell's tenure ends as Federal Reserve chair
3+ mon, 4+ week ago (51+ words) Kevin Warsh is expected to take over as chair of the Federal Reserve as Jerome Powell concludes his tenure. Kristin Myers, the senior vice president of content and editor in chief of ETF.com, joins CBS News with more. What…...