President Trump gave his 2026 State of the Union address on Tuesday evening, during which he addressed, among other topics, the economy — an urgent topic of concern for millions of Americans who say they’re worried about everything from the price of food to spiraling health care costs. The president touted his work during his…
The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors. “Inflation was starting to ease in…
Tomatoes are the latest popular food to take a bite out of consumer wallets, joining items like coffee, bananas and beef. As of April, government data shows the fruit’s prices were up nearly 40% from a year ago, compared with 17% for food costs overall. Across the U.S., tomatoes cost an average of $2.69 a pound, a…
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023. By the numbers Economists polled by financial…
Florida on Tuesday became the first state in nearly a decade to carry out two executions in a single day, putting to death an 80-year-old man who was the second-oldest inmate known to receive a lethal injection in modern U.S. history. Hours earlier, the state executed a former police officer convicted of the killing of a…
More than 50 million people are at risk of flash flooding as storms batter the Northeast. The storms unleashed a nightmare chain reaction of airport backlogs at the peak of the summer travel season. Lilia Luciano reports and Rob Marciano has the forecast. Source link
Georgia teen sentenced to life in prison for Apalachee High School shooting – CBS News Watch CBS News Sixteen-year-old Colt Gray was sentenced to life in prison on Tuesday for the 2024 shooting at Georgia’s Apalachee High School which killed four people. Source link
American Airlines has lifted a national groundstop after a system outage, the airline confirmed Tuesday night. “A technology issue briefly impacted connectivity for some of our systems on Tuesday evening,” American Airlines said on X. “Systems are coming back online now and flights are departing again. We put a temporary ground stop in place while…
Swaths of damage as tornado tears through Wisconsin – CBS News Watch CBS News Trees and power lines collapsed around cars as a tornado with winds of 140 miles per hour tore through central Wisconsin on Monday. The National Weather Service found a 12-mile-long swath of damage. Jason Allen reports. Source link
Friends, family and politicians remembered Sen. Lindsey Graham at his funeral in Washington, D.C., on Tuesday. Graham spent over 30 years on Capitol Hill, and President Trump eulogized him at the service. Nikole Killion reports. Source link
