Economy

How much money is spent on Valentine's Day?

Updated on: February 13, 2026 / 10:11 AM EST / CBS News

Trump ‘plans to roll back’ some metal tariffs; US inflation weaker than expected in January

Stellantis has reportedly relaunched several diesel cars and vans across Europe, as part of a costly retreat from electric vehicles that it says is in response to customer demand.

How ‘neglectful or absentee’ investors fuel Toledo, Ohio’s post-pandemic housing crisis

Out-of-state investors buy cheap homes in the city, leaving working residents struggling with substandard housing

Americans plan to spend $87 on Valentine's Day, down 44% from last year—what their 'ideal gift' looks like

As budgets tighten, Americans are cutting their Valentine's Day spending on significant others by nearly half, according to a new survey.

CPI report shows inflation cooled in January, with prices rising at a 2.4% annual pace

Updated on: February 13, 2026 / 9:53 AM EST / CBS News

Warby Parker co-CEO: How implicit trust and constant communication helped build my $2.6 billion company

Neil Blumenthal and Dave Gilboa have been co-founders and co-CEOs of Warby Parker since launching in 2010.

The Investing Club's Top 10 Things to Watch Friday

The January consumer price index report came in slightly cooler than expected.

'My bill keeps escalating': how Toledo, Ohio, became the epicenter of the US housing crisis

As LLCs snap up thousands of homes, tenants face rising rents, fees and deteriorating living conditions

US inflation falls to 2.4% in January after Trump's tariffs led to price fluctuations

Economists predicted a slight easing of inflation, although it's unclear whether the Fed will again cut interest rates

Here are Friday's biggest analyst calls: Tesla, Microsoft, Coinbase, Rivian, Airbnb, C.H. Robinson & more

Here are the biggest calls on Wall Street on Friday.

Inflation dropped to 2.4% in January in relief for Trump

Inflation fell three-tenths of a percentage point to 2.4% for the year ending in January, the Bureau of Labor Statistics reported Friday in an update to the consumer price index that brings relief for President Donald Trump, who has been haunted by persistent inflation.

Consumer prices rose 2.4% annually in January, less than expected

The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.