
Inflation to last into 2023, says Congressional Budget Office
CBO's forecast suggests that inflation will slow from current annual levels of 8.3%, yet it would still be dramatically above a long-term baseline of 2.3%.
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CBO's forecast suggests that inflation will slow from current annual levels of 8.3%, yet it would still be dramatically above a long-term baseline of 2.3%.
Guaranteed income programs are sprouting up around the U.S. One mayor calls them "a form of economic resilience."
Compensation for chief executives rose more than 17% in 2021, compared with 4.4% for private-sector workers.
Even though consumers and businesses kept spending, a trade imbalance pushed down the economy between January and March.
Federal officials warn against eating any of dozens of food items because of a multi-state salmonella outbreak.
Commissioner Robert Califf admitted the agency's reaction was "too slow," while a formula maker exec apologized to parents.
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
Starbucks and McDonald's are leaving, but other food chains and American companies are "digging in," Yale professor says.
Feds allege the social media service cited security reasons in asking for phone numbers and emails, but used the info for ads.
Abbott Nutrition and U.K.-based Kendal Nutricare plan to ship more than 2 million cans of formula.
FDA Commissioner Robert Califf will answer questions from House lawmakers about what's caused the formula shortage.
"Supply was not enough to resolve the issues that these countries are having," Pfizer's CEO said at Davos.
Massachusetts Attorney General Maura Healey says oil giant misled investors about the risks posed by global warming.
Lawyers for the software mogul argued he is mentally unfit, but a federal judge calls him "extremely intelligent."
Single edition of Margaret Atwood's novel, one of the most banned books in the U.S., could sell for as much as $100,000.
19 children and two teachers are dead and several more injured after a gunman opened fire at a Texas elementary school.
Law enforcement authorities are facing mounting questions and criticism over how much time elapsed before they put a stop to the rampage.
Liotta was 67 and is best known for his role as Henry Hill in the Scorsese mob classic "Goodfellas."
The court upheld a judge's ruling that the Trumps' fear that their depositions might end up being used in a parallel criminal investigation did not shield them from subpoenas.
Britain's Crown Prosecution Service charged the Hollywood star with four counts of sexual assault against three men over incidents alleged to have taken place between 2005 and 2013.
Depp is suing Heard for libel over a 2018 op-ed she wrote describing herself as "a public figure representing domestic abuse."
In a tweet directed at President Joe Biden, Fine said, "try to take our guns and you'll learn why the Second Amendment was written in the first place."
The vote to begin debate failed by a margin of 47 to 47, falling short of the 60-vote threshold needed to overcome Republican opposition.
The renaming was followed by a candlelight vigil at a nearby ceremony.
Credit card giant to test biometric system aimed at streamlining the checkout process in stores.
Tesla founder wants the SEC to investigate Twitter's claims about spam and fake accounts on the platform.
Tesla founder says his $44 billion purchase of the social media giant is being held up by questions over spam and fake accounts.
Social media company said it dismissed two senior managers and will freeze most hiring.
Top consumer brands and deep-pocketed investors are staking a claim to the next phase of the internet.
Labor shortages, the Omicron variant and supply chain issues pose significant challenges to small businesses.
New data released by Crunchbase shows that only 2.2% of all venture funding went to female-founded startups in the first eight months of this year. Deena Shakir, partner at Lux Capital, joins CBSN to discuss what needs to change to bring equity for female entrepreneurs and investors.
As the Delta variant surges, many small employers are again taking precautions in the way they do business.
Some 1,800 artists will receive $5,000 checks, while other federal funds will go to cabbies and homeless people.
"Everything is up in the air," said one Ohio bakery owner who worries that COVID-19 could shut her down again.
A growing swath of seniors are working beyond 65, with many needing to supplement their paltry retirement savings.
Several types of plans are available, but figuring out which one is right for you can be confusing, so here's some help
The impact of your age when you begin collecting benefits can be more financially significant than you think
Only 4% of retirees claim the benefit at the optimal time. Everyone else is losing out on $111,000 per household
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
Law enforcement authorities are facing mounting questions and criticism over how much time elapsed before they put a stop to the rampage.
The letters appear to provide the underpinnings for probes Republicans would pursue if they take control of the House following November's elections.
Compensation for chief executives rose more than 17% in 2021, compared with 4.4% for private-sector workers.
Mourners gathered yesterday to honor former police officer Aaron Salter Jr.
Liotta was 67 and is best known for his role as Henry Hill in the Scorsese mob classic "Goodfellas."
CBO's forecast suggests that inflation will slow from current annual levels of 8.3%, yet it would still be dramatically above a long-term baseline of 2.3%.
Guaranteed income programs are sprouting up around the U.S. One mayor calls them "a form of economic resilience."
Compensation for chief executives rose more than 17% in 2021, compared with 4.4% for private-sector workers.
Even though consumers and businesses kept spending, a trade imbalance pushed down the economy between January and March.
Federal officials warn against eating any of dozens of food items because of a multi-state salmonella outbreak.
The letters appear to provide the underpinnings for probes Republicans would pursue if they take control of the House following November's elections.
CBS News projects Chuck Edwards will win the GOP nomination in North Carolina's 11th Congressional District, defeating incumbent Rep. Madison Cawthorn.
In a tweet directed at President Joe Biden, Fine said, "try to take our guns and you'll learn why the Second Amendment was written in the first place."
The secretary of state said China's vision "would move us away from the universal values that have sustained so much of the world's progress over the past 75 years."
Even though consumers and businesses kept spending, a trade imbalance pushed down the economy between January and March.
Clinical health psychologist Dr. Natalie Datillo explains how patients can make connections to reduce pain and increase mobility.
The moves come in the midst of a surge of COVID hospitalizations among the oldest Americans.
Karin Price, chief of psychology at Texas Children's Hospital, joins “CBS Mornings” with guidance on processing trauma and grief after the school shooting in Uvalde, Texas. She plans on leading a trauma response team that will offer support to the Uvalde community.
Two of Oklahoma's four abortion clinics already stopped providing abortions after the governor signed a six-week ban earlier this month.
Another massive shipment of hypoallergenic baby formula arrived in the U.S. and could be shipped as early as this weekend to retailers, hospitals and families in need. The Food and Drug Administration appointed an independent investigator to look into delays that led to the shortage of formula.
The ministry said "Ukraine is ready to strike back" — but can only do so it gets NATO-style multiple launch rocket systems.
People in Britain, Australia and New Zealand are yet again struggling to comprehend why America's lawmakers appear unmoved by a massacre of innocents.
Indonesia faces an ongoing battle against wildlife crime and several elephant poisoning cases have been reported in recent years.
Britain's Crown Prosecution Service charged the Hollywood star with four counts of sexual assault against three men over incidents alleged to have taken place between 2005 and 2013.
The farming village near the city of Kherson was taken back from Russia's occupying forces weeks ago. As CBS News' Imtiaz Tyab discovered, it's still being punished.
Liotta was 67 and is best known for his role as Henry Hill in the Scorsese mob classic "Goodfellas."
Depp is suing Heard for libel over a 2018 op-ed she wrote describing herself as "a public figure representing domestic abuse."
Actor Jesse Williams joins "CBS Mornings" to talk about his Tony-nominated Broadway debut in "Take Me Out." He discusses the vulnerabilities of this new role, including performing nude.
Actor Glen Powell stars in "Top Gun: Maverick" as the young pilot, Hangman. He joins “CBS Mornings'' to discuss how the original "Top Gun" film made him want to be an actor, what it was like working with Tom Cruise and the intense pilot training he went through to prepare for the role.
Depp is suing Heard for libel over a 2018 op-ed she wrote describing herself as "a public figure representing domestic abuse."
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
Feds allege the social media service cited security reasons in asking for phone numbers and emails, but used the info for ads.
Texas Governor Greg Abbott says the school shooting suspect posted several messages about his plans on Facebook minutes before the attack. The company says they were private chat messages. CBS News tech reporter Dan Patterson has the latest on that part of the investigation.
Nate Burleson sits down with kids to discuss the affects of cell phones and social media on their growth and development. They address the pressures of having a cell phone at an early age.
Microsoft, which is in the process of buying the Call of Duty publisher for nearly $69 billion, says it will not interfere.
Some sang "We will, we will stop you!" to the tune of Queen's 1977 rock anthem "We will rock you." Some glued themselves to their seats.
No non-American has ever touched down on the lunar surface, and Japan has previously said it hopes to achieve a Moon landing by the end of this decade.
The Carcinus maenas — or "raving mad crab" — preys on juvenile clams, out-competes native crab species and wreaks havoc on marine ecosystems.
The ocean is more acidic than it's been in 26,000 years and hotter than ever as greenhouse gases continue to flood the atmosphere. Here's what it could mean for the climate crisis.
As scientists warn heat waves are 100 times more likely in the region, millions of workers can't afford to take a day off, even if the heat could kill them.
Law enforcement authorities are facing mounting questions and criticism over how much time elapsed before they put a stop to the rampage.
Indonesia faces an ongoing battle against wildlife crime and several elephant poisoning cases have been reported in recent years.
Britain's Crown Prosecution Service charged the Hollywood star with four counts of sexual assault against three men over incidents alleged to have taken place between 2005 and 2013.
Authorities in Uvalde, Texas, said the gunman in Tuesday's deadly shooting encountered a school district security officer outside Robb Elementary before storming the building and killing 21 people. According to local officials, no gunfire was exchanged in that initial confrontation. Mo Canady, executive director of the National Association of School Resource Officers, joined CBS News to discuss the role of such officers during a crisis situation and what more can be done to protect students.
Jackie Cazares and her cousin were among the at least 19 children killed at an elementary school in Uvalde, Texas, on Tuesday. Jackie's father says his daughter "brought us together" through COVID and a recent death in the family. "Now, we're being brought together, but it's in tragedy."
SpaceX launched 59 small payloads while Boeing wrapped up its Starliner space station flight
For the first time, two U.S. astronaut ferry ships, from two different vendors are docked at space station.
Grounded earlier by software bugs and corroded valves, Boeing says the Starliner is finally ready for flight.
NASA is confident Boeing's Starliner astronaut ferry ship is finally ready for prime time.
NASA expects dwindling power to shut down the InSight Mars lander by the end of the year.
A beloved Georgia H.S. teacher went missing in 2005. Over 11 years later, an unexpected arrest -- but will we ever know the truth of what happened?
Glassdoor recently unveiled its list... and it's not all tech.
It's not only tech companies that continue to win over employees with flexible work environments, good pay and better benefits.
After scouring 12 hours of grainy surveillance footage, investigators say they found the way Fotis Dulos drove the 70 miles to murder his wife.
These athletes are making waves in the worlds of athletics and advocacy.
For an unprecedented number of young people in Gen Z, gender is a social construct that needs dismantling. In this CBS Reports documentary, we follow four teens with diverse gender identities to see how they are dealing with and experiencing a world that’s redefining gender.
Tuesday's Texas school shooting marked the 213th mass shooting in the U.S. this year. CBS News' Jim Axelrod sits down with Dr. Celine Gounder, an editor-at-large for public health for Kaiser Health News, to discuss why gun violence is a public health crisis and what can be done to prevent further tragedies.
Senators are voting on a bill designed to combat domestic terrorism two days after the Texas school shooting. CBS News' Tanya Rivero chats with CBS News Washington reporter Caitlin Huey-Burns about why the bill is expected to fail and the lasting impact of the mass shootings that have occurred this month.
An estimated 39.2 million Americans are expected to travel over the holiday weekend, despite high gas and hotel costs.
This grandfather choked up as he described the ongoing search for his missing granddaughter following the massacre at an elementary school in Uvalde, Texas.