ECONOMY

President Biden is slated to deliver remarks on building a stronger economy for union workers and retirees at 2 p.m.

President Biden is set to deliver remarks on the economy in Arizona after touring a computer chip manufacturing plant.

The CEO of the private investment firm said during CNBC's Financial Advisor Summit on Tuesday that there's no question that the U.S. is headed for recession.

Inflation is not putting a damper on Christmas shopping in America. Experts predict more seasonal spending than last year.

In March, the U.S. Senate passed what is known as the Sunshine Protection Act, which would end the twice-a-year ritual of changing clocks by making one set time permanent after the nation springs forward again in March 2023.

Stephen Moore joined 'The Faulkner Focus' Monday to weigh in on Transportation Secretary Pete Buttigieg defending the Biden economic policies.

Got milk? If you need to buy some in the future, the question instead will be, Got money?

Liz Truss reverses her plan to scrap a business tax rise but vows to deliver economic growth.

Starting on Wednesday, U.S. customers who link Delta SkyMiles and Starbucks Rewards loyalty programs will earn one mile on every $1 spent on eligible purchases at Starbucks.

Farming might not be a glamorous job for many, but simply put, we might not exist without the hardworking farm owners and laborers out there.

President Biden delivered remarks on building the economy from the bottom up and middle out at 1:35 p.m.

According to AAA, this week’s current average of regular gas in Virginia is $3.56 while last week’s average was $3.64, about an eight-cent difference.

10 News is working for you to answer any questions you may still have.

New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.

One portion of the house has the original basketball court and bleachers, while another portion was renovated into elements of what typical homes have, such as a kitchen, bathroom and bedrooms.

In a new article, The Washington Post breaks down how the U.S. knew Russia would invade Ukraine, and began to prepare the country to go to war. Washington Post national security reporter Karen DeYoung joins CBS News to discuss.

The unemployment rate dipped to 3.5%, tying a 50-year low reached just before the coronavirus pandemic slammed the U.S. economy in early 2020.

After hours of debate, senate Democrats narrowly passed a new bill to combat inflation, climate change and extend health care coverage.

Time will tell if the trend will continue.

The Great Lakes might be home to the world’s most abundant supply of freshwater whitefish, and to many, that treat tastes even better when it is smoked to give it even more flavor.

Getting ready for the first day of school could be expensive this year with inflation hitting supplies, clothes, food, and more.

Nearly $4 million from a Virginia Housing Development Authority grant is going to the Star City to upgrade public housing projects.

The Las Vegas Valley saw widespread flooding after severe thunderstorms, leaving multiple casinos on the Las Vegas Strip with water damage.

President Biden discusses the economy on Thursday afternoon

There are still mounting concerns about the U.S. economy's resilience. Inflation is at 40-year highs, home sales are weakening and even the-red hot labor market is beginning to show cracks.

The Federal ReserveThe federal government is taking steps to heal the economy, as prices for everyday necessities continue to rise. raised interest prices for the third time this year on Wednesday.

Federal Reserve Chairman Jerome Powell said on Wednesday he does not believe the U.S. economy is in a recession as the central bank raised rates further to fight inflation. "This is a very strong labor market....it doesn't make sense that the economy would be in a recession with this kind of thing happening." Investors are fearing the Fed's hiking campaign may tip the economy into a recession. The gross domestic product reading for the second quarter is due on Thursday with economists expecting the economy to have barely expanded following a 1.6% contraction in the first quarter. Many on Wall Street refer to two consecutive negative quarters as a recession, but the official definition takes into account more factors than just GDP.

"Rebooting" the UK's "brittle" economy would be Labour's main focus, its leader will say.

Name a product, and somehow cherries have found their way into them when visiting the Cherry Republic, a group of stores in Michigan.

June's big payroll jump helped clear away some of those recession clouds for a U.S. economy that nonetheless faces some stormy weather ahead.

The pandemic has impacted our lives and affected small businesses everywhere, and in Pulaski County, the Chamber of Commerce staff is working to help make sure they can continue to grow by helping business owners network in the innovation center.

Tucked along the Little Traverse Bay in Northern Michigan, Petoskey is a hotspot in the summer for tourists with its scenic water views, boating and other water activities.

For nearly two years, the U.S. economy has notched blockbuster gains, with millions of new jobs and wage hikes adding to the streak of good news. But now economists are bracing for a cool-down.

If you live in Roanoke and are paid up on your personal property taxes, some of that money will be going back in your pocket.

The Federal Reserve is expected to make a decision Wednesday.

The economy contracted by 0.3% in April after it shrank by 0.1% in March, official figures show.

The global economy may be headed for years of weak growth and rising prices, a toxic combination that will test the stability of dozens of countries still struggling to rebound from the pandemic, the World Bank warned.

During an uncertain period for the U.S. economy, The Washington Post is producing a series of animated guides examining several important trends, including persistent inflation and soaring gas prices.

President Joe Biden met with Federal Reserve Chairman Jerome Powell to discuss the state of the global economy and inflation on Tuesday afternoon.

Alan Blinder, former Federal Reserve vice chair, thinks that it's likely the U.S. will fall into a recession next year.

Sterling hit a two-year low versus the U.S. dollar following the GDP data as traders digested growing uncertainty about the U.K.'s economic outlook.

An EU ban on oil and gas from Russia would limit its ability to fight in Ukraine, Sergeii Marchenko says.

China on Monday posted better-than-expected GDP growth in the first quarter, though retail sales for March slumped amid ongoing Covid lockdowns on the mainland.

Though the economy may be the focus of November’s congressional elections, other divisive topics -- some new, some perennial -- will also vie for attention from voters. These so-called wedge issues are being fanned mostly by Republicans, who see little downside in taking on polarizing issues that might motivate conservative voters. The Supreme Court, with six of its nine seats filled by conservative justices appointed by Republicans, seems poised to stir things up even further with upcoming deci

The Biden White House is betting the U.S. economy is strong enough to withstand the threats to growth posed by inflation and the war in Ukraine.

Inflation is the topic of the month in our solutions journalism show, “Solutionaries.”

The US unemployment rate hit a pandemic-era low during the month of March, meaning more people got back into the workforce.

Experts warn just because the price of crude oil goes down, it doesn’t mean gas will.

The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates.

In a recent study, Relator.com says the average price surged nearly 20% the past year.

Leaders in the Town of Pulaski said there are changes coming to the area.

Here are facts and figures of the OECD’s plan and what it hopes to achieve.

Democratic leaders in Virginia are calling on Republican Gov. Glenn Youngkin to declare a state of emergency to activate the state's anti-price gouging law as gas prices reach record highs following Russian's invasion of Ukraine.

The popular breakfast food had sales over $9 billion in 2020 and then $8.66 billion in 2021, according to IRI, a market research firm in Chicago.

According to data from globalpetrolprices.com, 46 countries has gas prices that are $6 a gallon or more, 26 have prices that are at least $7 a gallon while nine countries have gas prices that are $8 a gallon or more.

Using the worlds stage, President Joe Biden voiced the Unites States’ strong support for the people of Ukraine and tough action that has been and will be taken against Russia during his first State of the Union address.

Tax havens, also known as offshore financial centers, are a country or jurisdiction that has minimal tax liabilities to foreign individuals or businesses.

Some futurists depict Michigan and the Great Lakes as “climate havens” that will lure people and businesses weary of worsening drought, wildfire, hurricanes and other disasters. Not so fast, skeptics say.

Tax filing season is here but so are the scammers looking to take your money.

Employers are expected to continue to pay above minimum wage because of labor shortages

Elizabeth Economy looks closely at Xi Jinping's push to make China the center of the world.

Economic activity jumped by 6.9% in the last three months of last year, beating forecasts.

The German government has cut its growth forecast for this year.

The German economy grew by 2.7% in 2021, despite another year of surging Covid-19 cases, pandemic-related restrictions and supply chain pressures.

You may be one of the many Roanoke City homeowners who got a property tax bill this week that was much higher than you expected.

Funding develops new and existing business-ready industrial sites.

How to prepare for the upcoming tax season and when you expect your refund.

Whether you’ve already booked holiday travel plans, or you’re waiting for the last minute to make sure there aren’t restrictions, there are certain things to keep in mind about which days will be best to travel, and what resources might be more scarce than in years past.

Prices rose 6.8% in the year to November with the cost of fuel, used cars and food rising fastest.

The British economy slowed down during the third quarter of the year as widespread supply chain problems hobbled the recovery from the coronavirus pandemic.

A large Russian island north of Japan will be a testing ground for Moscow’s efforts to reconcile its prized fossil fuel industry with the need to do something about climate change

October's job creation was strong in almost every sector, as hiring across industries helped the broader U.S. economy rebound from a late-summer lull.

Some good economic news for the Star City: a new bank is opening in the area.

Can free flights and rent lure the foreign workers back to Australia who quit when Covid arrived?

Yes, growth was weaker than forecast in the third quarter, but the latest GDP report also shows that the softness is temporary.

Americans are leaving their jobs in droves according to recent data released by the nation’s Labor Department.

The Consumer Price Index climbed 5.4 percent in September compared to this time last year. Experts say the inflation is a result of supply chain issues and a demand from the pandemic.

Tens of thousands of public service workers may now be eligible to have their student loan debt wiped clean.

Bedford County Fair organizers announced they're postponing the event due to COVID-19 safety precautions -- and that could impact the economy.

The Taliban's hold over the country is not in dispute but it is facing challenges from women against its extreme version of sharia law and guerrilla fighters in Afghanistan's north.

Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those changes. “We're not simply going back to the economy that we had before the pandemic,” Powell said at a Fed virtual town hall for educators and students. Powell said that, while it is not yet clear if the delta variant of COVID will have further impact on the economy, the country has already seen significant changes since the pandemic began shutting the country down in March 2020.

Economy expected to grow by 7.25% in 2021 as lockdown restrictions are eased, says Bank of England.

The economy rose 6.4% in the first quarter.

The economy rose 6.4% in the first quarter.

The U.S. recovery likely found its rhythm in the first three months of 2021, according to early forecasts of data to be released by the Bureau of Economic Analysis this morning. It appears likely all Covid-19-era losses will be recovered by the middle of this year.

CNBC's Jim Cramer on Monday advised that retail investors ignore talk of a potential market top with the economy in recovery mode.

Pedestrians walk outside the New York Stock Exchange in the U.S. The U.S. economy is recovering from the Covid-19 recession, but some economic "scarring" may take a long time to heal, said Richmond Federal Reserve Bank President Thomas Barkin. Economic scarring refers to damage left behind by crises that will suppress growth prospects over the medium or long term. "I'm hopeful we're on the brink of completing this recovery," Barkin said Monday at the Credit Suisse Asian Investment Conference that's being held virtually this year. The U.S. economy contracted by 3.5% in 2020 compared to a year ago, estimated the Bureau of Economic Analysis.

Lightfoot’s plan created a six-month payment plan that reduces required down payments and gives those with ticket debt more time to pay. The plan also allowed people to request a 24-hour extension to pay their fines in full or get on a payment plan after their vehicles are locked with a Denver boot, though the plan does not ban use of the controversial device that has been the bane of many motorists’ existence.

Without stimulus, employment might not reach pre-pandemic level until 2024 New analysis from the Congressional Budget Office predicts the U.S. economy will return to its pre-pandemic peak in the middle of 2021, but the number of people employed won't return to previous levels until 2024. Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, joins CBSN's "Red & Blue" host Elaine Quijano to discuss what she thinks the federal government should do to aid the economy.

Militias take aim at gun laws: "It's about shooting tyrants in the face"

Militias take aim at gun laws: "It's about shooting tyrants in the face"

The gain came after a 31.4% plunge in the second quarter and was better than the 32% estimate from economists surveyed by Dow Jones. "It's obviously good news that the economy bounced back in the third quarter," said Eric Winograd, senior economist at AllianceBernstein. "There's still a lot of work to do here and the pace of improvement ... is going to slow. That is part of the reason that the pace of growth is going to slow from here." The economy has been in a technical recession since February, as first-quarter growth declined at a 5% pace.

The International Monetary Fund on Tuesday turned slightly more positive on the global economy for this year, but warned of a "long, uneven and uncertain" recovery. The global economy is now projected to contract by 4.4% in 2020 — an upward revision from an estimate of -4.9% made in June. The IMF's projection assumes that social distancing due to the coronavirus pandemic will continue into 2021, and that local transmission will fall everywhere by the end of 2022. However, it warned that the coronavirus crisis is far from over. The IMF projected "only limited progress" going forward and cut its GDP (gross domestic product) growth expectations for next year to 5.2%, from an estimate of 5.4% made in June.

China, the world's second largest economy, is under threat as the pandemic wipes out jobs and slows productivity and growth. But even with the economic setback, that's not stopping Beijing from doubling down on its geopolitical agenda. China could be using diplomatic outreach, while skirting any responsibility for the crisis, as a way to move forward with its geopolitical plans, Economy said. I think the Trump administration will be looking to China to buy American, to fulfill the promises that it made," she said. In the meantime, the People's Republic of China has rolled out significant measures to offset the economic impact of the pandemic.

The economy is the theme on Day 2 of the RNC; Yahoo saw profits plunge 64%; and Nintendo doubled its market cap thanks to "Pokemon Go." These headlines and more from CBS MoneyWatch.

The economy is improving, so why are Americans feeling so down? Steady job-creation this year has failed to quell people's anxiety about their financial prospects and the broader direction of the economy. CBS News' Lauren Lyster reports.

Will the economy change much during the year's second half? The economy contracted nearly three percent during the first quarter of the year. CBS News business analyst Jill Schlesinger explains what to expect in the second half of the year.

U.S. economy shrinks for first time in three years The harsh weather this past winter is getting much of the blame for a slowdown in the economy, but most economists believe it sets the economy up for a strong rebound this quarter. Anthony Mason reports.