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Trump wants debt ceiling raised or scrapped in new government funding bill

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Trump wants debt ceiling raised or scrapped in new government funding bill – CBS News


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President-elect Donald Trump is calling on Republicans to either raise or abolish the debt ceiling in a new spending bill to keep the government funded. CBS News political correspondent Caitlin Huey-Burns has more.

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How sticky inflation and Fed rate cuts impact Americans’ wallets

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December 20, 2024

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How sticky inflation and Fed rate cuts impact Americans’ wallets – CBS News


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2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O’Grady looks back on the biggest economic and business stories of the year.

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What to know about the Teamsters’ strike against Amazon

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December 20, 2024

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What to know about the Teamsters’ strike against Amazon – CBS News


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The Teamsters have launched the biggest strike against Amazon in U.S. history, and it comes during the height of the retailer’s busy holiday season. CBS News correspondent Carter Evans reports.

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Mortgage rates increase despite Fed’s rate cut

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December 20, 2024

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Mortgage rates increase despite Fed’s rate cut – CBS News


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The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted Rossman joins “The Daily Report” to discuss.

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