January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Inflation
CPI rose at an annual rate of 2.4% in January, cooler than expected
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
What new inflation data says about high costs
New data on inflation rates is encouraging, but the burden of high prices continues to affect Americans. Erin Delmore, a geoeconomics correspondent, joins CBS News with more.
New inflation data beats expectations
New data shows inflation in the U.S. cooled more than expected in January. CBS News' Natalie Brand has more.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Reps. Jim Himes & Bryan Steil on "The Takeout"
Members of the House Select Committee on Economic Disparity and Fairness in Growth, chairman and Connecticut Democrat Rep. Jim Himes and Wisconsin Republican Rep. Bryan Steil, join Major Garrett for this week's episode of "The Takeout" to discuss the state of the U.S. economy, soaring energy prices and what options the current administration has in curbing rising costs.
Jill Schlesinger on "The Takeout"
Jill Schlesinger joins Major Garrett on this week's "The Takeout." Schlesinger and Garrett discuss the different terms around inflation, how the Fed affects inflation, the effect of the pandemic on the economy, bear markets, and stupid things smart people do with their money.
Trump delivers year-end address to nation
President Trump delivered a prime-time address from the White House on Wednesday night, touting the administration's actions during the first 11 months of his second term and outlining his goals for the next three years. CBS News' Norah O'Donnell anchors this special report.
Trump names Kevin Warsh as Fed Chair pick
President Trump on Friday announced former Fed Gov. Kevin Warsh as his pick to replace Jerome Powell as Federal Reserve Chair. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Warsh's experience.
Why the Fed held interest rates steady
The Federal Reserve, as expected, left its benchmark interest rate unchanged on Wednesday. The decision to keep the rate at its current mark comes after the central bank ended 2025 with three consecutive rate cuts. CBS News business analyst Jill Schlesinger breaks down the decision.
Powell: Economy has "pushed right through" trade changes
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating producer Richard Escobedo has the latest.
Economic standings one year into Trump term
President Trump touted his economic agenda this week as he reflected on one year back in office. Barron's reporter Sabrina Escobar joins "The Daily Report" to discuss where the economy stands right now.
Trump says U.S. economy is booming
President Trump boasted about his economic successes during the first year of his second term in the White House despite Americans' sentiments on high prices and inflation. CBS News' Fin Gómez and Javier E. David have more.
Polling on Trump a year into his second term
It's been one year since President Trump took the oath of office and became the United States' 47th president. CBS News executive director of elections and surveys Anthony Salvanto has new polling on how Americans feel a year into Trump's second term.
CBS News poll: 1 year in, Americans call for more inflation focus from Trump
Most Republicans feel Trump has done more than expected, while others have views that are more mixed.
Chew on this: U.S. food prices are up 19% since 2022
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
Trump touts strong U.S. economy
President Trump delivered remarks at the Detroit Economic Club on Tuesday, where he touted a strong U.S. economy. CBS News' Aaron Navarro has the latest.
CPI rose at 2.7% annual rate in December as inflation remains sticky
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
New data shows no change in inflation rates
New Consumer Price Index data depicts there was no change in inflation rates from November through December of 2025. Sam Goldfarb, a markets reporter for The Wall Street Journal, has more.
Mixed December jobs report
December's jobs report, released on Friday, caps off a sluggish year for employers and workers. The U.S. economy only added 50,000 jobs last month, making 2025 the worst year for job gains since 2020. But it's not all bad news. The unemployment rate dropped to 4.4% in December, marking a downward swing after rising to a four-year high in November.
New jobs report gives mixed signals
The new jobs report showed hiring slowed in 2025. CBS News' Jill Schlesinger has more on the most recent economic data.
3/14: CBS Morning News
An American Airlines plane carrying 178 people caught fire on the tarmac after making an emergency landing at Denver International Airport; Google touts Gemma 3 as "most capable" A.I. model that runs on just one GPU.
Economic news to watch for in 2026
With just one day left of trading before the new year, CBS News is taking a look at where things stand today and what might be driving the markets in 2026. Dallas Morning News business editor Javier David joins with more.
Fed meeting minutes reveal deep splits on December rate cut decision
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
Trump again floats firing Fed Chair Powell
At a news conference on Monday, President Trump again stated his desire to fire Federal Reserve Chair Jerome Powell, whose term expires in May. While some contenders to replace him have been floated, the president has made clear he wants whoever the next head of the central bank is to continue cutting interest rates. Business reporter Erin Delmore joins with analysis.
How manufacturers can use ingredients that haven't been federally approved
In the quest to make America healthy, Health and Human Services Secretary Robert F. Kennedy Jr. and former FDA head Dr. David Kessler are targeting ultraprocessed foods and the GRAS exemption.
7 highlights from CBS News town hall with Maryland Gov. Wes Moore
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
Glove found near Guthrie's home appears to match video, has DNA, FBI says
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was last seen on Jan. 31 and was reported missing the following day, Feb. 1.
Sexual assaults on airplanes are on the rise, CBS News investigation finds
A CBS News investigation found the FBI investigated more than 170 cases of passengers assaulting other passengers on flights in 2024.
Savannah Guthrie posts new video: "It is never too late to do the right thing"
Nancy Guthrie has been missing since Feb. 1 and her daughter, "Today" show co-host Savannah Guthrie, has posted several videos pleading for her return.
Trump told Netanyahu he would support strikes on Iran missiles, sources say
President Trump met with Israeli Prime Minister Benjamin Netanyahu in December at Mar-a-Lago with Mr. Trump saying the U.S. would support strikes if no deal was made with Iran.
Gisèle Pelicot opens up about decision to testify against ex-husband
In 2024, Gisèle Pelicot bravely spoke out on surviving sexual abuse as the center of a notorious mass rape trial in France. In her first U.S. TV interview, she opens up about her decision to testify publicly against her ex-husband, and the inspiring turn her life has taken since.
Homan says "I don't like the masks" on ICE, but they "have to protect themselves"
Democrats have demanded reforms to immigration enforcement, including barring officers from wearing masks.
Canada shooter's online activity shows fascination with violence, expert says
The online activity of the shooter at a Canadian high school revealed she spent time in the dark corners of the internet.
U.S.
More U.S.
Sexual assaults on airplanes are on the rise, CBS News investigation finds
A CBS News investigation found the FBI investigated more than 170 cases of passengers assaulting other passengers on flights in 2024.
Savannah Guthrie posts new video: "It is never too late to do the right thing"
Nancy Guthrie has been missing since Feb. 1 and her daughter, "Today" show co-host Savannah Guthrie, has posted several videos pleading for her return.
7 highlights from CBS News town hall with Maryland Gov. Wes Moore
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
Full transcript of "Face the Nation with Margaret Brennan," Feb. 15, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Tom Homan and House Minority Leader Hakeem Jeffries join Ed O'Keefe.
Glove found near Guthrie's home appears to match video, has DNA, FBI says
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was last seen on Jan. 31 and was reported missing the following day, Feb. 1.
MoneyWatch
More MoneyWatch
Prediction markets heat up on Valentine's Day as people place bets on love
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Romance costs more this year as inflation lifts Valentine's Day gift prices
Love is biting consumers this year amid the rising cost of flowers, chocolates and other Valentine's Day staples.
Politics
More Politics
7 highlights from CBS News town hall with Maryland Gov. Wes Moore
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
Full transcript of "Face the Nation with Margaret Brennan," Feb. 15, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Tom Homan and House Minority Leader Hakeem Jeffries join Ed O'Keefe.
Tillis says Trump advisers are "not taking care of this president's legacy"
Sen. Thom Tillis, who is not running for reelection in 2026, said he believed that Republicans could hold onto its majority in the Senate after the 2026 midterm elections.
Transcript: Rep. Robert Garcia on "Face the Nation with Margaret Brennan," Feb. 15, 2026
The following is the transcript of the interview with Rep. Robert Garcia, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on Feb. 15, 2026.
Trump told Netanyahu he would support strikes on Iran missiles, sources say
President Trump met with Israeli Prime Minister Benjamin Netanyahu in December at Mar-a-Lago with Mr. Trump saying the U.S. would support strikes if no deal was made with Iran.
HealthWatch
More HealthWatch
Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
Thousands of mothers were flagged to police over flawed drug tests at childbirth
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
World
More World
Canada shooter's online activity shows fascination with violence, expert says
The online activity of the shooter at a Canadian high school revealed she spent time in the dark corners of the internet.
Transcript: Rep. Robert Garcia on "Face the Nation with Margaret Brennan," Feb. 15, 2026
The following is the transcript of the interview with Rep. Robert Garcia, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on Feb. 15, 2026.
Trump told Netanyahu he would support strikes on Iran missiles, sources say
President Trump met with Israeli Prime Minister Benjamin Netanyahu in December at Mar-a-Lago with Mr. Trump saying the U.S. would support strikes if no deal was made with Iran.
Lindsey Vonn preparing to leave Italy after Olympics crash, says ski team chief
The chief of the U.S. Ski Team says Lindsey Vonn is preparing to return to the United States a week after crashing in the Olympic downhill.
Transcript: House Minority Leader Hakeem Jeffries on "Face the Nation with Margaret Brennan," Feb. 15, 2025
The following is the transcript of the interview with House Minority Leader Hakeem Jeffries, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on Feb. 15, 2026.
Entertainment
More Entertainment
Stephen A. Smith: Always up for a debate
The high-profile ESPN and SiriusXM commentator and bestselling author is a combative and colorful voice on sports. But now, with a weekly political show in which he interviews government leaders, he is raising eyebrows in Washington, too.
Stephen A. Smith: Always up for a debate
High-profile ESPN and SiriusXM commentator and bestselling author Stephen A. Smith is a combative and colorful voice on sports. But now, with a weekly political show, in which he interviews government leaders, he is gaining notice in Washington, too. Smith talks with "Sunday Morning" national correspondent Robert Costa about his journey and whether he might soon be on a debate stage.
Paul Anka: Still doing it his way
The singer-songwriter who's remained on Billboard's Hot 100 Chart for seven straight decades has just released his latest album, "Inspirations of Life and Love." A youthful 84, he talks about his artistic longevity.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including actor James Van Der Beek, star of the series "Dawson's Creek."
"Frankenstein," "Wuthering Heights" star Jacob Elordi
At 28, Australian actor Jacob Elordi has earned his first Academy Award nomination for his haunting portrayal of the Creature in Guillermo del Toro's "Frankenstein." He talks about his love of acting, and why he has no relationship with social media.
Technology
More Technology
Technology
Viral essay urges people to prepare for AI
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
FTC warns Apple's Tim Cook over alleged political bias in Apple News app
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
Russia blocks WhatsApp as it pushes state-backed alternative on citizens
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
Science
More Science
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Crime
More Crime
Sexual assaults on airplanes are on the rise, CBS News investigation finds
A CBS News investigation found the FBI investigated more than 170 cases of passengers assaulting other passengers on flights in 2024.
Savannah Guthrie posts new video: "It is never too late to do the right thing"
Nancy Guthrie has been missing since Feb. 1 and her daughter, "Today" show co-host Savannah Guthrie, has posted several videos pleading for her return.
FBI: Glove in Guthrie case has DNA evidence
A black glove discovered near the Arizona home of Nancy Guthrie contains DNA evidence that is being tested, and appears to match the gloves worn by the suspect seen in a doorbell camera video, the FBI says. Andres Gutierrez has more.
Canada shooter's online activity shows fascination with violence, expert says
The online activity of the shooter at a Canadian high school revealed she spent time in the dark corners of the internet.
Glove found near Guthrie's home appears to match video, has DNA, FBI says
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was last seen on Jan. 31 and was reported missing the following day, Feb. 1.
Space
More Space
Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
More girls playing youth hockey
USA Hockey says girls' participation nationwide has surged 65% over the past 15 seasons, making it one of the fastest growing youth sports in the country. Natalie Brand reports.
Airplane sexual assaults on rise
Authorities are monitoring a threat in the skies: sexual assaults on airplanes. There's fear the crime is underreported. Scott MacFarlane investigates.
Tough showings for American Olympic headliners
Some of the biggest names going into the Milano Cortina Games are not the ones we're seeing at the very top of the podium. Seth Doane reports.
Epstein files' international fallout
Revelations from the latest release of Epstein files have forced resignations and sparked new investigations around the globe. Leigh Kiniry has more.
Inside Democrats' demands for DHS reforms
Sunday marked the second day of a partial government shutdown impacting more than 260,000 government workers under the Department of Homeland Security across multiple agencies, including TSA, FEMA and the Coast Guard. Democrats are calling for a ban on face coverings for immigration agents and for officers to display identification and wear body cameras. Willie James Inman has more.