Inflation surged in March as Iran war drove up energy costs
Inflation ran hot in March because of higher fuel costs tied to the Iran war, which has constrained the global flow of oil.
Watch CBS News
Inflation ran hot in March because of higher fuel costs tied to the Iran war, which has constrained the global flow of oil.
Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
CBS News business analyst Jill Schlesinger gives last-minute tax tips for anyone who hasn't filed yet. Most Americans have until April 15 to file their tax return, request an extension to file and pay any taxes owed. (Sponsored by Edward Jones)
Gas prices in the U.S. continued to edge up on Wednesday even as oil prices fell. Here's how long it could take for fuel costs to recede.
A creditor with a judgment can hit your paycheck and your account at the same time, causing major financial issues.
Inflation just hit a nearly two-year high. That could make gold investing one of the smartest moves to make now.
Want to buy a home or refinance your existing one? Here are the latest mortgage interest rates to know right now.
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
More employees are clinging to their positions in a trend known as "job-hugging." That's making it harder for job-seekers to find work.
A college degree still provides an edge when it comes to finding a good job, but a person's major may be just as important to career stability, research suggests.
"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.
The DOJ said in a court filing that the D.C. pipe bomb defendant's case should not be dismissed and that his actions were not covered by Trump's sweeping pardons of the Jan. 6 rioters.
Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
This week Jane Pauley hosts "The Money Issue," our annual special broadcast dedicated to the many ways in which money underscores the way we live.
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
The DOJ said in a court filing that the D.C. pipe bomb defendant's case should not be dismissed and that his actions were not covered by Trump's sweeping pardons of the Jan. 6 rioters.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.
Lee Milne, 40, was sentenced to eight years in prison following his conviction in Glasgow's High Court for culpable homicide and engaging in abusive behavior.
The discovery of the grave site adds to dozens of similar cases in Jalisco, the state hardest hit by Mexico's missing persons crisis.
The U.S. and Iran are getting ready for talks Saturday in Islamabad, Pakistan, as their tenuous ceasefire held despite key sticking points.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.
Ryan Gosling's new movie, "Project Hail Mary," is raising questions about the future of the Sun. CBS News contributor Janna Levin joins with more details.
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
A recent CBS News poll found 66% of Americans believe AI will decrease jobs. LinkedIn CEO Ryan Roslansky and chief economic opportunity officer Aneesh Raman share insights on the skills that professionals need to stay ahead of AI at work.
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
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.
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
Anthropic says its newest AI model, Claude Mythos, is too powerful and dangerous to be released to the public. Tech journalist Jacob Ward joins CBS News to discuss.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Lee Milne, 40, was sentenced to eight years in prison following his conviction in Glasgow's High Court for culpable homicide and engaging in abusive behavior.
Sources tell CBS News that the Justice Department is investigating the NFL over subscription fees concerns. Jake Rosen reports.
First lady Melania Trump held remarks on Thursday denying any link to convicted sex offender Jeffrey Epstein. CBS News' Caitlin Huey-Burns reports.
Police file charges against 21 suspects in what's described as a $267 million fraud case with zero legitimate patients. Adam Yamaguchi reports.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth on Friday.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
UFC reporter and host Megan Olivi breaks down what to know about UFC 327 on Saturday. The title fight features former champion Jiří Procházka, who is taking on fast-rising star Carlos Ulberg.
Videos circulating on social media showing parents saying the name "Jessica" to calm their toddler are going viral. Developmental psychologist Aliza Pressman breaks down the trend and what parents need to know before trying it.
A recent CBS News poll found 66% of Americans believe AI will decrease jobs. LinkedIn CEO Ryan Roslansky and chief economic opportunity officer Aneesh Raman share insights on the skills that professionals need to stay ahead of AI at work.
CBS News has been investigating allegations of sweeping hospice fraud in California. Prosecutors say bogus payments cost the state's Medicaid program $267 million. Adam Yamaguchi reports.
Brian Hooker, who was arrested by Bahamian officials in connection to his wife's disappearance, sent texts to his friend after he alleged his wife fell off their boat. Hooker's account to his friend differs some from the statement he gave police. Cristian Benavides reports.