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Sunday, August 2, 2026

Section · page 5

Economy

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Economy archive — page 5 of 22, newest and highest-significance first.

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economy1 outletCalibrating

The Chips Rout Goes Global

The Chips Rout Goes Global

Jul 28, 11:25upd. 4d
5.7Significance
1 source9.0Source trust
economy1 outletCalibrating

ICE Arrests Surge at Airports

ICE Arrests Surge at Airports

Jul 28, 21:53upd. 3d
5.7Significance
1 source9.0Source trust
economy1 outletCalibrating

FTC fines ticket reselling company Elite Events and Tickets

The Federal Trade Commission (FTC) fined the ticket reselling company Elite Events and Tickets. The FTC said the company broke the Better Online Ticket Sales Act, a law that stops unfair ticket sales online. Elite Events and Tickets neither admitted nor denied the FTC's claims. Last year, CBS News talked with the company about how it works and what it does.

Aug 1, 15:59upd. 1m
5.7Significance
1 source8.0Source trust
economy1 outletCalibrating

Growing like ‘gangbusters’: Can Taiwan maintain its economic momentum?

Taiwan's economy is growing fast, like 'gangbusters'. Its GDP is rising because the United States is buying more AI chips from Taiwan. Experts say this growth could face challenges. They point to possible tensions with former US President Trump and with China.

Aug 1, 23:15upd. 1m
5.7Significance
1 source7.0Source trust
economy1 outletCalibrating

How Americans are handling back-to-school budgeting with rising prices

Inflation has made school supplies and clothes more expensive this year. Many families are trying to cut costs by shopping sales or reusing items. A recent spending survey shows parents are planning to spend less than last year.

Aug 1, 15:01upd. 1m
5.7Significance
1 source8.0Source trust
economy1 outletCalibrating

The Federal Reserve just froze interest rates yet again. Here's what that could mean for mortgage rates.

The Federal Reserve decided to keep its key interest rate unchanged on Wednesday. This is the latest pause in a series of rate hikes aimed at controlling inflation. When the Fed rate stays the same, mortgage rates often move little or may even drop slightly. Home buyers and owners should review their loans and consider locking in rates or refinancing.

Jul 29, 18:01upd. 2d
5.7Significance
1 source8.0Source trust
economy1 outletCalibrating

3 mortgage rate mistakes to avoid post-Fed rate pause

The Federal Reserve paused its interest rate hikes. Borrowers are told to avoid three mortgage rate mistakes. Avoiding these mistakes can help them get better loan terms.

Jul 31, 18:33upd. 19h
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

Breaking down the GDP report as U.S. economy slows in 2nd quarter

The U.S. economy grew more slowly in the second quarter of 2026, according to the Commerce Department. The Federal Reserve decided to keep interest rates unchanged, even though three officials wanted a rate increase. PBS NewsHour said the slowdown might be linked to the war in Iran. Al Jazeera said tariffs and higher oil prices caused a supply shock that dragged growth down.

Jul 30, 22:50upd. 1d
5.6Significance
1 source7.5Source trust
economy1 outletCalibrating

This week on "Sunday Morning": The Money Issue (Aug. 2)

CBS News announced that this week's episode of 'Sunday Morning' is called 'The Money Issue.' It will air on August 2. Veteran journalist Jane Pauley will host the special broadcast. The program explores how money affects everyday life.

Jul 30, 16:11upd. 1d
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

Reality Check: You CAN Afford to Start a Family | Money Moves with Jill Schlesinger

Jill Schlesinger says many young people think having a child is too expensive. She explains that with good planning, raising a family can be affordable. Guest Kayla Sabbagh joins her to share tips on budgeting and saving. A 23‑year‑old listener named Brianna calls in asking for advice on starting a family while living with her parents.

Jul 30, 11:00upd. 2d
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

New Balance sneakers are are up to 61% off this weekend

New Balance sneakers are on sale this weekend. Discounts reach up to 61 percent off. The sale includes running, walking, and hiking styles. Amazon is offering the deals.

Aug 1, 11:00upd. 2h
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

Bessent ‘to-do’ list shows proposal for US to buy $5-10bn of Japanese yen

Treasury Secretary Scott Bessent was seen with a notepad during a cabinet meeting at Camp David. The notepad had a note that said "Buy Japanese Yen (JPY) $5-10 bil". This suggests the US might plan to buy between five and ten billion dollars worth of Japanese yen. The photo was taken by a Reuters photographer and shared by The Guardian.

Aug 1, 00:33upd. 13h
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

75% say their income isn't keeping up with inflation, CBS News poll finds

A CBS News poll found that 75% of Americans say their income is not keeping up with inflation. The same poll shows many people think President Trump is not doing enough to lower prices. Political strategists Rina Shah and Amirah Sequeira gave analysis on the results.

Jul 31, 22:06upd. 15h
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

How much debt do you need before creditors will negotiate?

Creditors sometimes agree to settle a debt for less than the full amount owed. The size of the debt matters, but it is not the only factor they consider. They also look at your income, payment history, and whether you can pay anything at all. Because of this, there is no fixed debt amount that guarantees a negotiation.

Jul 31, 15:15upd. 22h
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

‘It ain’t the same’: inside the bitter battle to free Ben & Jerry’s

{"Ben Cohen, co‑founder of Ben & Jerry’s, says the new chocolate‑covered ice‑cream bar tastes different and feels fluffy, suggesting extra air was added to cut costs.","He claims the company’s voice has been silenced by its corporate owners.","Cohen suggests a boycott of Magnum brands could pressure the owners to sell Ben & Jerry’s back to its founders."}

Jul 31, 11:00upd. 1d
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

Stocks plummet and Wall Street suffers worst day of 2026 as Fed keeps interest rates steady

On Wednesday, major US stock indexes fell sharply, marking the worst day for Wall Street in 2026. The Federal Reserve decided to keep interest rates unchanged. Some Fed officials disagreed with the decision, and investors worried about continuing inflation and higher energy costs. At the same time, the yield on long‑term government bonds rose, showing market nervousness.

Jul 30, 13:44upd. 2d
5.6Significance
1 source7.5Source trust
economy1 outletCalibrating

US borrowing costs hit 19-year high as Fed holds interest rates

{"The Federal Reserve kept its main interest rate between 3.5% and 3.75% for the fifth time in a row.","The yield on the 30‑year US Treasury bond rose to about 5.24%, the highest level since 2007.","This rise in borrowing costs shows the market worries the Fed may not act fast enough to control inflation.","The Fed chair said the bank will keep fighting inflation despite the steady rate."}

Jul 30, 08:54upd. 2d
5.6Significance
1 source8.0Source trust
economy1 outletCalibrating

Dow closes down 1,000 points as Fed votes to leave interest rates unchanged

On Wednesday, the Dow Jones Industrial Average fell about 1,000 points. The Federal Reserve voted to keep interest rates unchanged. Investors reacted by selling stocks, causing a sharp drop. Some reports link the move to high inflation and energy price spikes from the Iran war, while others note it was the biggest fall since April 2025.

Jul 29, 23:32upd. 2d
5.6Significance
1 source7.3Source trust