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.
Consumer Price Index
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.
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.
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.
As beef prices rise, small butcher shops adapt to changing demand
With higher prices for beef, customers are looking for alternatives.
How butchers are adapting to higher beef prices
As beef prices rise, small butcher shops are adapting to changing demand. Kelly O'Grady reports.
CPI report shows the inflation rate rose at a 2.7% pace in November
Economists had expected CPI to rise at an annual rate of 3% last month.
Delayed report on November inflation numbers
The Consumer Price Index rose at an annual rate of 2.7% in November, lower than economists predicted, though there is a bit of an information gap due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Inflation data emerges after Trump address
New Consumer Price Index data shows a slight change in inflation, but prices remain high for Americans in different sectors. CBS News' Kelly O'Grady and Olivia Rinaldi report.
CPI report shows inflation continued to climb in September
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Inflation ticks up to 3% in September
The Bureau of Labor Statistics released the first piece of economic data since the shutdown began. Delayed more than a week, the Consumer Price Index shows the inflation rate ticked up in September to 3%. Kelly O'Grady has details.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
Expert breaks down grocery price increases
Food prices started rising rapidly during COVID-19. Since then, food inflation has slowed, but prices are still going up. Jo Ling Kent reports.
The most striking figures in new inflation data
The latest Consumer Price Index shows overall prices rose by nearly 3% on an annual basis last month. There were more warning signs about the labor market. Kelly O'Grady explains.
Social Security COLA could increase 2.7% in 2026, new estimate shows
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
U.S. consumer inflation increase in August
The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Almost half of adults say they are ordering kids' meals. Here's why.
Adult customers admit to ordering from kids' menus to save money and eat smaller portions, a new survey shows.
Inflation rate rose by 2.7% in July, CPI report shows
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
What the latest CPI data says about tariff impact
New government data shows the cost of consumer goods increased slightly last month, but the true effect of the higher tariffs haven't hit consumers yet. Jo Ling Kent explains.
Tracking cost of cars, trucks, groceries as Trump announces new tariffs
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
CPI rose in June to 2.7% annual rate, highest since February
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef prices in the U.S. are searingly high. Here's why.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
inflation rose less than expected, data shows
The latest Consumer Price Index (CPI) report shows that U.S. inflation rose by 0.1% in May, which is less than expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down. Also, CBS News' Natalie Brand has the latest updates from the White House as President Trump boasts about an agreement with China being close to the finish line.
Live
State of the Union live updates as Trump prepares to deliver 2026 address
President Trump will deliver the 2026 State of the Union address to a joint session of Congress tonight. Follow for live updates.
Senate fails to advance DHS funding as ICE deal remains out of reach
The Senate failed to advance a measure to fund the Department of Homeland Security on Tuesday, 11 days into a partial government shutdown with no apparent end in sight.
Speaker Mike Johnson calls for "patience" on economy: "You don't flip a switch"
Hours before President Trump's State of the Union address, House Speaker Mike Johnson told CBS News the U.S. economy is on the right track — but inflation hasn't been "completely fixed yet."
Hegseth demands full military access to Anthropic's AI model, sets deadline
The Pentagon may decide to officially designate Anthropic as a "supply chain risk" to push them out of government, sources say.
Exclusive
Johnson calls Democrats' boycott of Trump's State of the Union "detestable"
"We play for one team," House Speaker Mike Johnson told "CBS Evening News" anchor Tony Dokoupil ahead of the State of the Union. "We're all for America."
Kevin McCarthy: Gonzales should resign over alleged affair with late staffer
Former House Speaker Kevin McCarthy told CBS News that GOP Rep. Tony Gonzales should resign, after a set of text messages drew fresh scrutiny to an alleged affair with a staffer who later died by suicide.
3 charts highlight the affordability issues Americans worry about most
President Trump is expected to tout his administration's economic record in his State of the Union address, even as affordability remains front and center.
Friend of U.S. citizen killed by ICE agent disputed official account of shooting
The close friend and passenger of a 23-year-old American citizen who was killed by an ICE agent in Texas last year disputed officials' account of the fatal shooting.
Abigail Spanberger to deliver Democratic response to State of the Union
Virginia Gov. Abigail Spanberger is set to deliver the Democratic response to President Trump's State of the Union address Tuesday night as the party attempts to counter the president's message.
U.S.
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4 military working dogs died due to "unsatisfactory" facilities, DoD watchdog finds
The Pentagon inspector general recommended the military reduce the number of military working dogs until there are enough caretakers to provide all dogs with satisfactory care.
College majors with the highest earnings potential and lowest jobless rates
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.
Speaker Mike Johnson calls for "patience" on economy: "You don't flip a switch"
Hours before President Trump's State of the Union address, House Speaker Mike Johnson told CBS News the U.S. economy is on the right track — but inflation hasn't been "completely fixed yet."
Johnson: Allegations against Gonzales are "detestable" but "we're trying to sort it out"
Republican Rep. Tony Gonzales has been accused of having an affair with a staffer who later died by suicide.
Live
State of the Union live updates as Trump prepares to deliver 2026 address
President Trump will deliver the 2026 State of the Union address to a joint session of Congress tonight. Follow for live updates.
MoneyWatch
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College majors with the highest earnings potential and lowest jobless rates
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.
AI skills are in demand, but don't always command pay premiums
Six in 10 employers want workers with AI skills, but few are offering higher base pay or bonuses for the know-how.
3 charts highlight the affordability issues Americans worry about most
President Trump is expected to tout his administration's economic record in his State of the Union address, even as affordability remains front and center.
Consumer confidence rose in February as labor market outlook improves
Consumers' perceptions of employment conditions improved slightly in February, helping bolster overall confidence in the economy.
Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
Politics
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4 military working dogs died due to "unsatisfactory" facilities, DoD watchdog finds
The Pentagon inspector general recommended the military reduce the number of military working dogs until there are enough caretakers to provide all dogs with satisfactory care.
Kevin McCarthy: Gonzales should resign over alleged affair with late staffer
Former House Speaker Kevin McCarthy told CBS News that GOP Rep. Tony Gonzales should resign, after a set of text messages drew fresh scrutiny to an alleged affair with a staffer who later died by suicide.
Speaker Mike Johnson calls for "patience" on economy: "You don't flip a switch"
Hours before President Trump's State of the Union address, House Speaker Mike Johnson told CBS News the U.S. economy is on the right track — but inflation hasn't been "completely fixed yet."
Johnson: Allegations against Gonzales are "detestable" but "we're trying to sort it out"
Republican Rep. Tony Gonzales has been accused of having an affair with a staffer who later died by suicide.
Poll on Trump State of the Union finds most say admin. hasn't explained Iran policy
In new CBS News poll, most describe the state of the country as "divided;" Republicans are optimistic. Democrats and Republicans alike want to hear Trump talk about the economy and the cost of living.
HealthWatch
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Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
As more Americans embrace anxiety treatment, RFK Jr. derides medications
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return. CBS News chief medical correspondent Dr. Jonathan LaPook talks with David Oshinsky, author of "Polio: An American Story," and with violin virtuoso Itzhak Perlman, who contracted polio as a child, about how parents opting out of vaccinations for their children could affect polio rates here.
Robots can help amid nursing home staffing crisis
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
World
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American Airlines plane from Miami found with apparent bullet hole in Colombia
The bullet was located in the right wing of a 737 MAX 8 aircraft that flew from Miami, Florida, to Medellín on Monday night as flight 923.
Photographer on capturing Jack Hughes' toothless grin after Olympic gold
Getty Images photographer Elsa Garrison shares how she managed to capture a "pretty iconic" image of Team USA's Jack Hughes.
12th century Crusader sword discovered by student off coast of Israel
A student made the discovery "by chance" while swimming, according to the University of Haifa.
Russell Brand pleads not guilty to new rape and sexual assault charges
Once a left-leaning political campaigner, Brand has rebranded himself as a conservative guru to millions of social media followers
France to punish U.S. ambassador after "surprise" no-show to diplomatic meeting
U.S. envoy Charles Kushner will be denied access to French government ministers due to his lack of attendance after comments about the death of a far-right activist
Entertainment
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Entertainment
Jeff Probst previews "Survivor"
Jeff Probst, who has hosted "Survivor" since it first aired more than 25 years ago, talks with "CBS Mornings" about how the 50th season is different, fan influence and what to expect with the premiere on Wednesday.
Neve Campbell on return to "Scream" franchise
Neve Campbell speaks to "CBS Mornings" about reprising her iconic role in the "Scream" franchise. Campbell talks about how the movie connects to a younger generation and her choice to speak out about pay disparity for "Scream 6."
Oprah reveals "Kin" as new book club pick
Oprah on "CBS Mornings" revealed "Kin" by Tayari Jones as her next book club selection. Kin is about two motherless daughters who have been best friends since early childhood, but their lives take different paths. This is only the tenth time Oprah has picked the same author twice.
Extended interview: Madison Beer
Madison Beer opens up about the start of her music career, artists who have inspired her along the way and creating her third studio album, "Locket," in an interview with CBS News senior culture correspondent Anthony Mason.
Nick Reiner pleads not guilty to murder
Nick Reiner pleaded not guilty in Los Angeles on Monday in the killing of his parents, Rob Reiner and Michele Singer Reiner. CBS News correspondent Carter Evans has more.
Technology
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Hegseth demands full military access to Anthropic's AI model, sets deadline
The Pentagon may decide to officially designate Anthropic as a "supply chain risk" to push them out of government, sources say.
AI-driven attacks are increasing, report says
CrowdStrike is reporting an increase in AI-driven attacks around the world. Adam Meyers, the head of counter adversary operations at CrowdStrike, joins CBS News with more details.
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.
Teens use AI more frequently than parents know, survey finds
A Pew Research Center survey found that just 4 in 10 parents talk to their teens about AI usage.
Robots can help amid nursing home staffing crisis
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
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What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
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.
Crime
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Crime
Former DEA chief examines "El Mencho" operation
The killing of Mexican cartel boss "El Mencho" has led to massive unrest across the country. Ray Donovan, who served as chief of operations at the Drug Enforcement Agency and oversaw the capture of El Chapo, joins with analysis.
Stepbrother charged in cruise ship death
CBS News has learned authorities have charged the stepbrother of Anna Kepner, who was found dead aboard a cruise ship in November 2025, with homicide. Shanelle Kaul has the latest.
Utah judge in Charlie Kirk shooting case rejects bid to disqualify prosecutors
State District Judge Tony Graf decided in a Tuesday ruling to keep the Utah County Attorney's Office on the case against the man accused of killing Charlie Kirk.
Latest details on cruise ship death
The family of Anna Kepner, an 18-year-old who was found dead on a Carnival cruise ship in November, says her 16-year-old stepbrother has been charged with homicide in her death, court documents show. CBS News' Shanelle Kaul has the latest.
Guthrie family increases reward to $1 million
Savannah Guthrie posted a new video on Tuesday pleading for the return of her mother. The family is now offering a $1 million reward. CBS News' Jonathan Vigliotti has the latest.
Space
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What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
NASA to start slow-moving process returning moon rocket to hangar this week
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
NASA's moon rocket hit by new problem, flight pushed to April
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
Report criticizes NASA Boeing Starliner trip
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
Cosmologist on UFO files
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
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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
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Latest CBS News Videos
Rubio briefs Gang of Eight on Iran
Secretary of State Marco Rubio held a briefing regarding Iran with the "Gang of Eight" on Tuesday as President Trump mulls strikes against the country. CBS News national security contributor Samantha Vinograd joins with analysis.
Latest on Nancy Guthrie search, now in week 4
Savannah Guthrie is now offering a $1 million reward for information on her mother Nancy's whereabouts as the search continues for the 84-year-old. CBS News' Jonathan Vigliotti and Anna Schecter have more.
Examining atmosphere around Trump before SOTU
The first State of the Union address of President Trump's second term will take place on Tuesday night. Political strategists Kendra Barkoff Lamy and Marc Short join "The Takeout" with analysis.
What to expect from State of the Union
CBS News' Olivia Rinaldi and Fin Gómez preview President Trump's 2026 State of the Union address.
CBS News poll: What Americans want to hear in SOTU
New CBS News polling dives into the American mood and sense of the state of our union. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.