Latest in U.s Inflation Report
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White House says U.S. is in 'period of economic transition' amid recession fears
White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...NBC News - 2d -
Ukraine open to 30-day ceasefire with Russia as U.S. lifts aid freeze
After talks in Saudi Arabia on Tuesday, the U.S. and Ukraine said Kyiv would accept a 30-day ceasefire with Russia, with Washington pledging to immediately lift a freeze on intelligence sharing and ...CBS News - 1d -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 1d -
3/12: CBS Evening News Plus
What contributed to February's cooling inflation; Reporter's Notebook: How a fireside chat set a new standard for presidential leadershipCBS News - 17h -
Immigration accounted for all U.S. population growth in 2022-23, first time since 1850
All U.S. population growth in 2022-23 happened because of immigration, not births, the first time that’s occurred since 1850, the Migration Policy Institute reported Wednesday.NBC News - 1d -
Wholesale inflation flattens out in February in another sign of easing inflation
Wholesale prices were unchanged in February, offering more evidence that inflation pressures eased somewhat in early 2025.MarketWatch - 7h -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - 8h -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 2d -
25% tariffs on all steel and aluminum imports to U.S. take effect
President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie ...CBS News - 1d -
U.S. envoy reportedly in Moscow to meet with Putin about potential Ukraine ceasefire
Russian media is reporting President Trump's special envoy for Russia and Ukraine, Steve Witkoff, has arrived in Moscow as the U.S. prepares to present Russia with a 30-day ceasefire proposal that ...CBS News - 8h -
U.S. and Ukrainian officials to hold peace talks about Ukraine-Russia war in Saudi Arabia
Secretary of State Marco Rubio is heading to Saudi Arabia for talks between U.S. and Ukrainian officials on ending the war in Ukraine. CBS News senior foreign correspondent Holly Williams reports ...CBS News - 3d -
Rescue operation underway after U.S. tanker hits container ship off U.K. coast
A U.S. oil tanker has collided with a cargo ship off the coast of England in the North Sea, prompting a major rescue mission, officials say. CBS News' Ian Lee reports.CBS News - 3d -
How a Classic French Dish Is Squeezed by Lingering Inflation
Businesses across Europe, including restaurants in Paris that make the dish, are being squeezed by sticky inflation.The New York Times - 4d -
Is the inflation drop good news for mortgage rates?
Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.CBS News - 1d -
Unpacking February's slight inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent ...CBS News - 22h -
Egg Prices Surge Again Even as Inflation Eases
Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.The New York Times - 1d -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 23h -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 3d -
As Ebola Spreads in Uganda, Trump Aid Freeze Hinders Effort to Contain It, U.S. Officials Fear
Two more people are reported dead from the disease, and dozens are in isolation, as the outbreak grows.The New York Times - 6d -
Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - 1d -
Key inflation data set to be released tomorrow. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.CBS News - 1d -
‘It’s an open question’ whether U.S. headed toward government shutdown
NBC News Senior National Political Reporter Sahil Kapur, former Rep. Andy Levin (D-Mich.) and Sarah Chamberlain join Meet the Press NOW to discuss how Senate Democrats might vote on a GOP funding ...NBC News - 23h -
Heritage Foundation report calls to wind down military aid to Israel
The Heritage Foundation is proposing that the U.S. wind down military aid to Israel as part of a strategy to “re-orient its relationship” with the country over the next two decades, a notable ...The Hill - 1d -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - 3d -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 2d -
Dow falls 1,000 points, Nasdaq dives more than 4% as stock selloff gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent ...NBC News - 3d -
China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says
Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.CNBC - 1d -
Binance token rises following report that Trump family has discussed stake in the crypto exchange
The Journal said Binance first approached Trump allies last year as part of a broader effort to regain access to the U.S. market.CNBC - 5h -
‘A lot of repairs to be done’ in upcoming U.S.-Ukraine talks after contentious Oval Office meeting
NBC News Chief International Correspondent Keir Simmons reports from Saudi Arabia ahead of the meeting between Secretary of State Marco Rubio and the Ukrainian delegation in Jeddah.NBC News - 3d -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - 1d -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 1d -
30-year vs. 15-year mortgage loans: Which is better during inflation?
Experts say both can make financial sense during inflation, depending on your circumstances and goals.CBS News - 8h -
Trump to host NATO secretary general after suggesting U.S. could breach treaty commitment
President Trump is scheduled to host NATO Secretary General Mark Rutte at the White House Thursday a week after expressing his displeasure with the alliance while speaking with reporters in the ...CBS News - 7h -
Why you should open a $5,000 long-term CD now that inflation's falling again
Inflation fell in February for the first time since September. Here's why a $5,000 long-term CD could be worth opening now.CBS News - 1d -
See How Elon Musk’s Team Inflated, Deleted and Rewrote Its Savings Claims
The cost-cutting group removed hundreds of contracts from its “wall of receipts,” added back many of them, and inflated savings values.The New York Times - 54m -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 2d -
Europe and Canada retaliate against Trump’s steel and aluminum tariffs
President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping ...NBC News - 22h -
Measles outbreaks confirmed in 3 states
Fifteen states across the U.S. are now reporting cases of the measles, with Texas, New Mexico and New Jersey considered to have outbreaks. On Tuesday, California, Vermont and Oklahoma reported new ...CBS News - 22h -
What to know about Steve Witkoff, a key figure in Trump's international negotiations
NBC News Chief International Correspondent Keir Simmons reports on U.S. Special Envoy Steve Witkoff’s growing stature in the Trump administration as the U.S. engages in diplomatic talks around the ...NBC News - 6d