Economy News Jobs, Inflation, Wages How The Economy Has Fared Under Trump And Biden

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

It’s Trump’s economy now

By a 2-to-1 margin, voters now blame President Donald Trump's policies for the state of the economy, which most view negatively. Read More

PROGRESS: Jobs Report Shows Private Sector Gains, Wage Growth for American-Born Workers

The September jobs report more than doubled market expectations — adding 119,000 new jobs to the American economy. In stark contrast to the disastrous ... Read More

Has overall inflation eased under Donald Trump? It depends on the measure

The most basic measure of year-over-year inflation has risen on President Donald Trump’s watch. After stripping out historically volatile food and energy prices, the inflation rate under Trump has ... Read More

Trump faces backlash on economy as inflation rises

President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data set to ... Read More

Trump’s flailing on the economy is worse than Biden’s

President Donald Trump’s recent commentary on the economy is drawing plenty of comparisons to then-President Joe Biden’s. In his most dismissive remarks on the topic to date, Trump ratcheted up his ... Read More

Trump feels the economic heat

President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data set to ... Read More

Inflation dropped slightly to 2.5% in June in Fed’s preferred gauge

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ... Read More

Treasury Dept. says inflation is running 'above target' as Trump insists there is 'no inflation'

The Treasury Department said Monday that inflation "remained above the target of 2 percent in the third quarter," even as President Donald Trump and administration officials continue to assert that ... Read More

Economic promises helped Trump get elected. Now he has an affordability problem

President Trump says he is going to "make America affordable again." It's a pledge he made frequently during the campaign. And now, after dropping it from his lexicon for more than eight months, he's ... Read More

CBS News poll finds rising concern over government shutdown impact on economy, Americans personally

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More