The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.

Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.

Instagram announced Tuesday that it will be rolling out new protected accounts for people under 18. The accounts will automatically be private and can only receive messages from people they follow. Jo Ling Kent spoke with parents and Meta's safety chief about the changes.

Meta, Instagram's parent company, introduced new restrictions on teen accounts to address public concerns about online safety. Jo Ling Kent speaks with Meta's global head of safety.

A CBS News poll shows that among registered voters under 30, 82% said it's harder to buy a home compared to previous generations. Senior business and tech correspondent Jo Ling Kent looks at how you can navigate a challenging time in the housing market.

Director Jon Chu sits down with Jo Ling Kent to discuss his ongoing career and his latest project, Wicked, which will be out later this year. Then, Serena Altschul visits the New York City Ballet to learn about the history of the renowned company celebrating 75 years of dance. Here Comes the Sun is a closer look at some of the people, places and things we bring you every week on CBS Sunda...

The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. Jo Ling Kent has details.

In testimony Wednesday in federal court in Portland, Oregon, Kroger CEO Rodney McMullen said the proposed $24 billion merger with Albertsons would lead to lower grocery store prices. The Federal Trade Commission has sued to block the deal, alleging it would actually raise prices by reducing competition in some areas of the country. Jo Ling Kent has details.

CBS News senior business and tech correspondent Jo Ling Kent met with entrepreneurs helping to grow bubble tea's popularity in the U.S. David Fan, Andrew Chau and Bin Chen founded US Boba Company. They make the iconic chewy balls that make up most boba drinks at their California factory, instead of importing from Asia.

The Environmental Protection Agency and several states are working to provide funding for electric school buses, and proponents say the benefits far outweigh the hefty price tag. Jo Ling Kent has more.

A federal appeals court Tuesday revived a lawsuit filed by the mother of a 10-year-old girl who sued TikTok after her daughter died in 2021 from attempting the so-called "blackout challenge" that dared people to choke themselves until they lost consciousness. While social media companies have been protected from liability in the past, Jo Ling Kent explains why this case could be different.

Meta CEO Mark Zuckerberg said in a letter submitted to the House Judiciary Committee that he regrets he was not more outspoken against U.S. government pressure to take down certain COVID-19 content in 2021. CBS News senior business and technology correspondent Jo Ling Kent has more.

The Justice Department filed an antitrust lawsuit against real estate software company RealPage Friday with federal regulators accusing the company of colluding with landlords to raise the rents on millions of Americans. CBS News senior business and technology correspondent Jo Ling Kent has more.

Canadian National and Canadian Pacific Kansas City, Canada's two major freight railroads, have locked out workers as they navigate a labor dispute involving work hours. CBS News senior business and technology correspondent Jo Ling Kent reports.

Workers at two key Canadian freight rail networks have been locked out, sparking concerns over potential damage to U.S. businesses. Jo Ling Kent reports on the impact of the labor dispute and what it could mean for industries across North America.

New rules that will impact real estate agents, homebuyers and sellers will take effect this weekend as part of a groundbreaking antitrust settlement earlier this year. Under the new rules, it will now be standard practice to negotiate commissions with agents. Jo Ling Kent examines the changes.

Your Social Security numbers may be among the billions of records stolen through a massive National Public Data hack. CBS News senior business and technology correspondent Jo Ling Kent has more.

U.S. inflation has dropped to its lowest level in three years. Prices rose 2.9% in July from a year earlier, down from 3% in June, marking the smallest 12-month increase since March 2021, when prices accelerated in the wake of the pandemic. CBS News senior business and technology correspondent Jo Ling Kent explains.

The Labor Department reported Wednesday that consumer prices rose just 2.9% in July, the first time the year-over-year inflation rate has dropped below 3% since March of 2021. However, despite the good economic data, for many Americans monthly expenses such as rent, auto insurance and electricity remain stubbornly high. Jo Ling Kent reports.

New data shows inflation continuing to cool in July, but sticking right below 3% as housing costs and rental prices continue to affect monthly budgets. CBS News senior business and technology correspondent Jo Ling Kent reports.