Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period ...

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of ...

Donald Trump told a raucous crowd that he would soon visit Springfield, Ohio, and Aurora, Colo., two cities that are focal ...

Former President Trump on Wednesday said the Federal Reserve’s decision to cut interest rates showed the economy was ...

The Fed's policymakers also indicated that they plan to cut their key rate by an additional half-point in their final two ...

Former President Donald Trump and Vice President Kamala Harris are locked in a dead heat in the swing states of Pennsylvania and Wisconsin, while the Democratic nominee holds a narrow 5 point lead ...

He has suggested that presidents should “have a say” on interest rates, though he later walked the comment back.

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...

Former President Donald Trump received a "red flag" about his chances of beating Vice President Kamala Harris after ...

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...