News

Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
Key U.S inflation gauge shows price growth cooled in April with little sign of tariff impact
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Trump tariffs would cut deficits by $2.8 trillion and shrink the economy, CBO says
President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.
Yuba City scales back water tower plaza project amidst budget shortfall, rising inflation
Yuba City is scaling back on its vision to revitalize Water Tower Plaza as prices have soared far beyond what was estimated just a few years ago.
Las Vegas may still dazzle, but its sparkle is coming at a steeper price: "No longer a bargain vacation"
Las Vegas — The "Welcome to Fabulous Las Vegas" sign is usually the first stop for millions of tourists. But the line to snap ...
CBS News poll: Economy views better than winter, but Americans feel concern more than secure about finances
Summer begins with Americans' economy ratings continuing to get a bit brighter than they were this winter — though still not ...