New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O'Grady has more.

WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions ...

U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal Reserve from delivering a third consecutive interest rate cut next week against the backdrop of a cooling labor market and rental costs.

U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much in recent months. T

A HelloFresh facility is under investigation by the United States Department ... Solidarity. The Department of Labor is also investigating a potential violation of federal child labor rules ...

Trump has picked Lori Chavez-DeRemer, a pro-union Republican, to lead the Labor Department ... states like California that have implemented stronger protections than those offered at the federal ...

When President John F. Kennedy signed the Trade Expansion Act of 1962, he said that “we cannot protect our economy by stagnating behind tariff walls.” He added, in words that sound like the way politicians talk about China today, “A vital expanding economy in the free world is a strong counter to the threat of the world Communist movement.”

Federal government shutdowns can be disruptive, with thousands of workers furloughed and most of them not getting paid on time. Taxpayers won’t get calls returned, there may be longer lines at airports during one of the busiest travel weeks of the year and many national parks will close.

Federal Reserve Chair Jerome Powell helped spark a wild week on Wall Street, but a signal that policymakers have put further rate cuts on pause is looking like the right call after a closely watched inflation indicator and another round of budget brinkmanship on Capitol Hill.

During a shutdown, most government workers are furloughed, though many are required to report to work if their job is considered essential. In both cases, employees receive back pay when the shutdown ends, but new paychecks aren’t generated if a spending bill isn’t signed into law.

These 25 states are as naturally beautiful as it gets. The United States is one of the most naturally diverse and beautiful countries in the world. It’s really no surprise, given that the nation is absolutely gigantic, so it has a lot of space to fit in ...