President Donald Trump has never had an easy relationship with Christian conservatives. The thrice-married real estate developer and former reality TV star is widely seen as not particularly religious – and not all that engaged on issues near to social conservatives’ hearts, starting with abortion. Lately, however, tensions that were once smoothed over by a … Read more
Treasury Secretary Scott Bessent, Small Business Administration administrator Kelly Loeffler and White House press secretary Karoline Leavitt spoke to reporters Wednesday about a wide range of issues at the White House press briefing. CBS News political reporter Zak Hudak provided analysis following the news conference. Source link
The International Monetary Fund has cut its forecast for global growth, predicting a rise in global inflation and warning that the war with Iran is pushing growth lower compared to 2025. Medora Lee, money and personal finance reporter for USA Today, joins CBS News to discuss. Source link
The choice between a CD and a high-yield savings account with inflation rising again isn’t a clear one. Javier Zayas/Javier Zayas Photography /Getty Images With inflation now at a rate of 3.3%, its highest level in years and more than a full percentage point above the Federal Reserve’s target of 2%, millions of Americans find … Read more
Iranian parliament speaker Mohammad Bagher Qalibaf said Americans would soon be “nostalgic for $4-$5 gas” after President Trump announced a blockade of the Strait of Hormuz on Sunday. Taurean Small reports on the pain at the pump currently being felt across the United States. Source link
Inflation skyrockets as Iran war impacts U.S. economy – CBS News Watch CBS News U.S. inflation surged in March, with the Consumer Price Index rising at a 3.3% annual rate due to the Iran war’s impact on global energy costs. Source link
Inflation rose by 3.3% in March compared to one year ago, the Labor Department reported Friday, the highest such increase since May 2024. That rise was driven by a 21% spike in gas prices in March from the previous month. Jo Ling Kent has details. Source link
The latest inflation numbers are out, and they show prices jumped last month, due to the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more. Source link
Consumer prices surged in March, most of that owing to the oil shock. Source link
With inflation surging again, the costs of homebuying and refinancing are likely to rise once more. taylanibrahim/Getty Images While monitoring the Federal Reserve and its interest rate policy is an integral part of the homebuying and refinancing process, it’s not the only thing borrowers should consider. Mortgage interest rates, after all, are driven by a … Read more