Americans are feeling a lot worse about the state of the economy

Americans are downbeat on the economy, according to preliminary data released by the University of Michigan’s Consumer Sentiment Index. Read More

Wages aren't keeping up with inflation, with some jobs falling further behind than others

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More

Double whammy for Americans: Inflation continues to rise as jobs outlook grows weaker

The cost of living continues to increase for Americans at a time when the job market appears to be on shakier footing, creating a complicated economic problem that could be tricky to solve. Read More

Many U.S. jobs are falling further behind inflation, study finds

Wages still haven't caught up with inflation, four years after the pandemic caused prices to soar and created a cost-of-living crisis for many households, a new study finds. Americans on average are ... Read More

American consumers are getting nervous about inflation again. For now, they’re still spending

Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs. But consumers remain skittish over ... Read More

Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.

Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain. By Lydia DePillis At the moment, the American economy feels a little bit like a hot August ... Read More