The economy is chugging along, but consumers are uneasy

The Federal Reserve weighs its first rate cut since December as wealthier consumers prop up spending levels and the job market shows signs of weakness. Read More

Economy Primed for Lower Interest Rates as Inflation Remains a Problem

Now that the Federal Reserve has signaled lower interest rates are likely to come in the next month or so, attention will turn back to the underlying health of the economy. That will be clearer this ... Read More

Inflation ticked up in August, but Fed rate cut in play as jobless claims surge

U.S. inflation picked up moderately in August, with prices up 2.9% from a year earlier. The Federal Reserve next meets Sept. 16-17. Read More

This Week’s Inflation Reports May Have Been Cloudy, But the “Forecast” for Rate Cuts Is Still Clear…

Fall is settling in. The air is crisper, the days are shorter and the leaves are turning shades of gold and red. It’s the season of transition where warm afternoons can give way to chilly evenings, ... Read More

Employers added 22,000 jobs in August, falling short of forecasts, as labor market cools

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

Trump's attempt to fire Lisa Cook makes stagflation in the US more likely, strategist says

The worst-case scenario for the US economy may have just inched a bit closer. Komal Sri-Kumar — the president of Sri-Kumar Global Strategies — is blaming President Donald Trump's latest escalation of ... Read More

‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers

When tariffs are tacked on to many imported goods, someone’s got to foot the bill. According to President Donald Trump, foreign countries and overseas businesses are eating the cost. But evidence ... Read More