Latest in Inflation Impact Credit
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How does inflation impact credit card debt? Experts weigh in
With inflation rising again, credit card debt might get more challenging, too. Here's what to know now.CBS News - 15h -
Is "The White Lotus" impacting tourism?
"The White Lotus" appears to be inspiring tourists to visit the locations where the hit HBO show is made. CBS News' Ramy Inocencio reports.CBS News - 11h -
Citi mistakenly credits $81 trillion to customer account
Citigroup reported the "near miss" to the Federal Reserve and the Office of the Comptroller of the Currency, according to the Financial Times.CBS News - 3d -
HPV vaccine credited for declining cervical precancer rates
Fewer precancerous lesions are being found in young women undergoing cervical cancer screenings thanks to the human papillomavirus (HPV) vaccine. Rates of precancerous lesions in women between ...The Hill - 3d -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - Feb. 20 -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - Feb. 23 -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 6d -
Majority of Americans say income not matching inflation: Poll
A majority of Americans say their income is not matching pace with inflation, a new survey found. According to the CBS News/YouGov poll released Thursday, 77 percent of respondents say their income ...The Hill - 4d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 3d -
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 3d -
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PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.The New York Times - 3d -
Smaller Food Brands Are Winning Amid Continued Inflation
Corporate giants like Unilever and P&G are losing market share as customers increasingly turn to indie competitors.Inc. - 7h -
UK food inflation hits five-month high
Grocery price growth highlights persistent pressure on living costsFinancial Times - 5h -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - Feb. 20 -
DOGE claims credit for $4M sale of school building during Biden presidency
DOGE touted the sale of a historic Washington, D.C., property that had been boarded up for years — but the auction happened before President Trump took office.CBS News - Feb. 21 -
JPMorgan Chase sets aside $50bn for direct lending in private credit push
Move by Wall Street bank comes as increasing number of groups bypass traditional debt marketsFinancial Times - Feb. 24 -
How much of your paycheck should go to credit card debt?
If you put more than this amount toward credit card debt each month, you may want to consider other solutions.CBS News - Feb. 24 -
5 risks of just making minimum credit card payments
The minimum payment option exists primarily to benefit the credit card companies, not the cardholders.CBS News - 6d -
Border officials credit drop in illegal migrant crossings to Trump administration
U.S. Customs and Border Protection is crediting the Trump administration's immigration policies for the drop it's seeing in border apprehensions. CBS News immigration and politics reporter Camilo ...CBS News - 6d -
California legislators propose bills to expand film and TV tax credit program
To address the flight of productions to other states and countries, legislators are proposing bills that they say will make it more attractive to film in California.Los Angeles Times - 5d -
Citigroup erroneously credited client account with $81tn in ‘near miss’
Incident comes as US bank seeks to assuage regulatory concerns over its risk management processesFinancial Times - 4d -
Citigroup credited client’s account with $81tn before error spotted
US bank meant to send $280 but no funds were transferred despite ‘fat finger’ mistake. The US bank Citigroup credited a client’s account with $81tn when it meant to send $280 – before the “fat ...The Guardian - 3d -
Another 'near miss': Citigroup mistakenly credited a customer account with $81 trillion
Citigroup mistakenly credit a customer's account with $81 trillion last year when it meant to send just $280.CNBC - 2d -
DOGE Claims Credit for Killing Contracts That Were Already Dead
Elon Musk’s group claimed credit for canceling procurement agreements that had been completed years earlier, the latest in a string of public errors on its site.The New York Times - 1d -
Here’s how rent can make or break your credit, experts say
Usually, rent doesn't affect your credit score — unless your payments are being reported to the major credit bureaus or debt collectors pursue past-due rent.CNBC - 1d -
This Bank’s Board Is 78 Percent Female—but Don’t Credit DEI
Piermont Bank CEO Wendy Cai-Lee says she just wanted to find the best directors—and ended up with seven women.Inc. - 18h -
The Price You Pay: Egg prices’ impact on bakeries
One of the downstream impacts of bird flu and the soaring egg prices: its impact on bakeries. We visit one Pittsburgh bakery struggling that’s seen egg prices soar in the last two years, and the ...NBC News - Feb. 21 -
National Park layoffs impact park goers
As the Trump administration pushes ahead with its drive to overhaul federal agencies, roughly 1,000 employees have been terminated at national parks. NBC News’ Morgan Chesky reports from Yosemite ...NBC News - Feb. 20 -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - Feb. 21 -
The impact of Trump firing the chairman of the Joint Chiefs of Staff
President Trump announced on Friday that he will replace Gen. Charles Q. Brown as chairman of the Joint Chiefs of Staff. Other senior Defense Department officials were also ousted. CBS News senior ...CBS News - Feb. 23 -
The impact of President Trump, DOGE's work to shutter the CFPB
The Consumer Financial Protection Bureau, a watchdog agency created to protect consumers, is under fire by President Trump and DOGE. Its new head ordered work to stop and funding to end.CBS News - Feb. 23 -
Why Butler's eye-opening Warriors impact is not exaggerated
Since Jimmy Butler's arrival, the Golden State Warriors have undergone numerous positive changes, some of which defy logic.Yahoo Sports - Feb. 24 -
How the war in Ukraine has impacted children
Three years into Russia's invasion of Ukraine, the United Nations says more than 2,500 children have been killed or injured in the war. New data from UNICEF, the U.N. agency responsible for ...CBS News - Feb. 24 -
Labour cannot ignore Trump’s impact on defence
The tough choices the government needs to make will inevitably mean talking about defence spending in the openFinancial Times - 6d -
How return-to-office requirements impact employees
Employees being asked to return to the office after years of remote work may be experiencing anxiety over the changes. Author Daniel Pink joins CBS News with more on the effects.CBS News - 5d -
Forest Service firings could impact wildfire preparedness
As wildfires nationwide grow fiercer and more frequent, the Trump administration's job cuts at the U.S. Forest Service are worrying experts. Kelly Martin, former chief of fire and aviation ...CBS News - 5d -
Maher's impact 'phenomenal' as PWR semi looms
American superstar Ilona Maher has had a huge impact on PWR, and now she will look to shine in the semi-final between Gloucester-Hartpury and Bristol Bears.BBC News - 3d -
Could the federal layoffs impact the Virginia governor race?
Democrats in the state believe the impact being felt by the job cuts on the federal level by the Trump administration might sway voters and flip the governor seat.ABC News - 3d