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Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.CNBC - 15m -
Fed is going to be even more cautious about inflation after CPI report
Federal Reserve Chair Jerome Powell said Wednesday that the Fed is “holding” while awaiting more data.MarketWatch - 31m -
CPI Report: Inflation Rose Unexpectedly in January
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.The New York Times - 1h -
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation ...NBC News - 4h -
Inflation hotter than expected in January, consumer price index shows
The consumer price index shows that inflation accelerated in January at a pace economists weren't forecasting, rising 3% on an annual basis and 0.5% monthly. CBS News MoneyWatch correspondent Kelly ...CBS News - 3h -
Inflation ticks up to 3 percent annual increase in January
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to increase ...The Hill - 5h -
U.S. hiring slowed in January, what this means for the economy
U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.CBS News - 4d -
What the January Jobs Report Means for Small Businesses
A slight cooling off of the labor market saw job creation falling behind expectations, but the unemployment rate dipped slightly too, Bureau of Labor Statistics data show.Inc. - 5d -
What to Know About the January Jobs Report
Job creation has fallen in 2025 but unemployment has also dipped.Inc. - 5d
More from CBS News
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Nearly a ton of cocaine found hidden inside stone crusher
It took forensics police almost a week to extract all the packages stashed inside the crusher's three rollers, officials said.CBS News - 11m -
USAID workers battle Trump administration in court
Trump administration officials are accusing USAID workers of insubordination, according to recent legal filings. CBS News legal contributor Jessica Levinson has more.CBS News - 31m -
At least one U.S. citizen released from Belarus, Trump official says
Adam Boehler, the U.S. envoy for hostages, disclosed the release Wednesday.CBS News - 35m -
Sneak peek: Justice for Amie Harwick
Amie Harwick's roommate speaks out about trying to save her and helping to convict her killer. "48 Hours" correspondent Erin Moriarty reports Saturday, Feb. 15, 2025 at 9/8c on CBS and streaming on ...CBS News - 38m -
Trump speaks with Putin, says talks to end Ukraine war will begin "immediately"
President Trump said he spoke with Russian President Vladimir Putin and directed his national security team to lead negotiations aimed at ending the war in Ukraine.CBS News - 42m
More in Top stories
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Nearly a ton of cocaine found hidden inside stone crusher
It took forensics police almost a week to extract all the packages stashed inside the crusher's three rollers, officials said.CBS News - 11m -
Trump 2nd term live updates: Gabbard confirmed as director of national intelligence
The Senate confirmed Tulsi Gabbard to serve as director of national intelligence by a vote of 52-48 on Wednesday.ABC News - 16m -
Prince William gets behind camera on film school visit
The Prince of Wales wants to encourage young people who see film careers as "distant to reality".BBC News - 24m -
Fifty countries affected by USAID freeze, says WHO
HIV treatments and other services have been disrupted, says Dr Tedros Adhanom Ghebreyesus.BBC News - 24m -
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisionsABC News - 28m