Inflation cools as U.S. consumer prices rose 6.3% in July

Inflation eased last month as energy prices tumbled, according to a report closely watched by the…

Parliamentarian weakens Democrats’ drug plan in Inflation Reduction Act, as Senate prepares to vote

The Senate parliamentarian on Saturday dealt a blow to Democrats’ plan for curbing drug prices but…

Key inflation gauge jumps 6.8% in June as prices continue to surge

An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from…

Yellen downplays U.S. recession risk ahead of key economic reports this week

Treasury Secretary Janet Yellen on Sunday said the U.S. economy is slowing but pointed to healthy…

Fed says sharply higher rates may be needed to quell inflation

Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher…

Biden says he’ll likely make decision on possible gas tax holiday by end of this week

President Biden said Monday he hopes to make a decision on whether he’ll support a federal…

Biden predicts a recession is

President Joe Biden told The Associated Press on Thursday that the American people are “really, really…

6/15: Red and Blue

6/15: Red and Blue – CBS News Watch CBS News Biden pushes oil companies on gas…

AAA says empty tank could cost you more than filling up at higher gas prices

CHESTERFIELD COUNTY, Va. (WRIC)–More drivers are running out of gas on the road as they try…

U.S. inflation surging at fastest pace in 40 years

U.S. inflation surging at fastest pace in 40 years – CBS News Watch CBS News Prices…