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.
Consumer Price Index
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.
Beef prices reach record highs as cattle industry struggles with costs
The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics.
Kroger customers overcharged for items on sale, Consumer Reports finds
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
Consumer confidence falls to lowest level in 3 years amid inflation fears
Weakening consumer confidence and mounting uncertainty could hit spending, economists warn.
Inflation rate hits lowest level since 2021
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Inflation rate rose by 2.3% in April, CPI report shows. Here's what it means.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Inflation rises 2.3% in April
The Consumer Price Index for April showed a 2.3% rise on an annual basis, which was lower than economists had predicted. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Grocery prices continue to rise, but increases vary from city to city
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Exclusive
Ukrainian president tells CBS News Russia targeted his plane with drones
Ukraine's Volodymyr Zelenskyy says Russia targeted his plane with drones as part of a campaign to intimidate him and other foreign leaders.
Patel pushed on lower hiring standards at FBI, Olympic celebration
FBI Director Kash Patel was grilled for nearly five hours by both Democrats and Republicans about a string of recent negative headlines about the FBI.
Exclusive
ICE deportees in Africa describe being stranded "on the other side of the world"
CBS News traveled to Liberia to speak to some of the Latin American deportees banished to Africa under President Trump's immigration crackdown.
Sanders says potential danger of AI is "probably greater" than nuclear weapons
Sen. Bernie Sanders is one of the most vocal opponents in Congress on rapid AI development, but bipartisan concerns are growing.
Board votes to close Kennedy Center immediately for renovations, source says
Earlier Tuesday, a federal judge again blocked the board from adding President Trump's name to the facade of the building.
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Iran war has cost well over $33.4 billion, Pentagon report says
The Iran war has cost the U.S. military at least $33.4 billion - most of it on munitions - and not including hundreds of millions more spent by other agencies, the Pentagon says.
Senate fails to advance Clarity Act amid Democratic concerns about crypto bill
The Senate on Tuesday failed to advance a sweeping cryptocurrency bill known as the Clarity Act, amid opposition from Democrats and a handful of Republicans.
Fed rate hike expected on Wednesday. See what it means for your money.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
FBI investigation thwarts "mass casualty attack" from man accused of ISIS allegiance
Federal officials said Jonathan Kramer had armed himself to carry out a mass casualty attack against the American people.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Board votes to close Kennedy Center immediately for renovations, source says
Earlier Tuesday, a federal judge again blocked the board from adding President Trump's name to the facade of the building.
Sanders says potential danger of AI is "probably greater" than nuclear weapons
Sen. Bernie Sanders is one of the most vocal opponents in Congress on rapid AI development, but bipartisan concerns are growing.
Iran war could cost $2 billion per month, Congressional Budget Office estimates
The Congressional Budget Office estimated the war between Feb. 28 and Aug. 1 has directly cost the U.S. about $38 billion.
Fed rate hike expected on Wednesday. See what it means for your money.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
MoneyWatch
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Fed rate hike expected on Wednesday. See what it means for your money.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
Your home heating oil bill is likely to jump this winter. Here's why.
Millions of homeowners will face higher heating costs this winter because of surging global oil prices, according to a new forecast.
Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
AI companies must ensure their tech is safe, says top Trump adviser on AI
In an interview with CBS News, Sacks suggested that fears AI could harm people are overblown. "I think this is becoming a panic," he said.
The AI bubble is leaking air, some economists say. Should investors worry?
AI has fueled a stock boom in recent years. Now, some Wall Street analysts think that epic run is coming to an end.
Politics
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Board votes to close Kennedy Center immediately for renovations, source says
Earlier Tuesday, a federal judge again blocked the board from adding President Trump's name to the facade of the building.
Senate fails to advance Clarity Act amid Democratic concerns about crypto bill
The Senate on Tuesday failed to advance a sweeping cryptocurrency bill known as the Clarity Act, amid opposition from Democrats and a handful of Republicans.
Sanders says potential danger of AI is "probably greater" than nuclear weapons
Sen. Bernie Sanders is one of the most vocal opponents in Congress on rapid AI development, but bipartisan concerns are growing.
Iran war could cost $2 billion per month, Congressional Budget Office estimates
The Congressional Budget Office estimated the war between Feb. 28 and Aug. 1 has directly cost the U.S. about $38 billion.
U.S. confirms it deployed weapons in space. China and Russia respond.
China warned against turning outer space into a "battlefield" after the U.S. confirmed that it has weapons deployed in space.
HealthWatch
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Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
Pennsylvania woman dies of measles complications, coroner reports
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
World
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Iran war could cost $2 billion per month, Congressional Budget Office estimates
The Congressional Budget Office estimated the war between Feb. 28 and Aug. 1 has directly cost the U.S. about $38 billion.
Exclusive
Ukrainian president tells CBS News Russia targeted his plane with drones
Ukraine's Volodymyr Zelenskyy says Russia targeted his plane with drones as part of a campaign to intimidate him and other foreign leaders.
7 women found dead in South Africa, sparking fears of serial killer
Authorities say the cases appear to be linked, although they did not confirm whether they are the work of the same killer.
2 U.S. government workers accidentally shot by soldiers in Africa
The U.S. personnel were shot during an anti-smuggling operation in a rural region in the northeast of the country, Eswatini's government said.
Hospital could have prevented some of nurse's baby killings, judge says
British nurse Lucy Letby, convicted of murdering seven babies, was enabled by a "complete failure" to protect them at the hospital where she worked, the chair of an inquiry said.
Entertainment
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Entertainment
Food & Wine unveils list of "Best New Chefs"
Food & Wine reveals its list of "Best New Chefs" this week. One of those talents is Masako Morishita of Perry's Restaurant in Washington, D.C., who joins to discuss her career move from NFL cheerleader to D.C. food icon and share one of her favorite recipes.
Elin Hilderbrand and daughter on latest book
Elin Hilderbrand, who wrote hit summer reads like "The Perfect Couple" and "28 Summers," joins "CBS Mornings" with her daughter Shelby Cunningham to discuss the latest book in their co-written The Academy Series, titled "The Thoroughbreds."
Remembering Bob Mackie's most iconic looks
Bob Mackie, who bedazzled stars like Cher, Carol Burnett and Marilyn Monroe, died at 87. "CBS Mornings" looks back at some of his legendary looks.
2026 Emmys top moments
"People" executive editor for TV and events Breanne Heldman breaks down the top moments from the 2026 Emmy Awards.
Macklemore dropped from Ed Sheeran's tour
Performer Macklemore was removed from Ed Sheeran's tour following controversy over his onstage statements in which he shared his pro-Palestinian beliefs. Shanelle Kaul reports.
Technology
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Technology
Speaker Johnson on Trump's AI comments
President Trump took aim at criticism of AI development, calling the warnings a "hoax." House Speaker Mike Johnson shared his thoughts on Mr. Trump's comments.
Trump lauds AI amid dire warnings
President Trump called Nvidia CEO Jensen Huang during an industry summit, saying that data centers "make people wealthy" and dismissing AI development concerns as a "hoax." CBS News' Jo Ling Kent has more on what you should know.
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.
Rep. Beyer on AI regulation and threat
Tech CEOs are pushing for an AI development slowdown following a slew of concerns regarding the misuse of the technology. Virginia Democratic Rep. Don Beyer, vice chair of the House Joint Economic Committee, weighs in on the issue.
Alex Bores on AI regulation debate
Democrat Alex Bores, a state assemblyman for New York's 73rd District and former tech consultant, joins "CBS Mornings" to break down possible AI safety measures that could be put in place as the debate over tech regulation heats up.
Science
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Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Crime
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7 women found dead in South Africa, sparking fears of serial killer
Authorities say the cases appear to be linked, although they did not confirm whether they are the work of the same killer.
FBI investigation thwarts "mass casualty attack" from man accused of ISIS allegiance
Federal officials said Jonathan Kramer had armed himself to carry out a mass casualty attack against the American people.
Hospital could have prevented some of nurse's baby killings, judge says
British nurse Lucy Letby, convicted of murdering seven babies, was enabled by a "complete failure" to protect them at the hospital where she worked, the chair of an inquiry said.
New details on Clancy holdout juror
The holdout juror in Lindsay Clancy's murder trial faced a domestic violence charge in 2021, but it was later dismissed, police records show. CBS News' Shanelle Kaul has more.
Lindsay Clancy juror speaks out
Paula Devlin, a juror in the murder trial of Lindsay Clancy, sat down with Shanelle Kaul to share her experience with the high-profile case and tense deliberations that ultimately ended in a mistrial.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Watch: Blanche holds White House briefing
Attorney General Todd Blanche delivered Tuesday's White House press briefing, taking questions on AI regulations, the legal battle over mail-in voting and more. Following Blanche's remarks, CBS News' Ed O'Keefe and Nicole Sganga provided further context.
CBO: Iran war cost hits estimated $38 billion
The Congressional Budget Office on Tuesday released a report saying the Iran war has cost an estimated $38 billion up to this point, with the price forecasted to rise by $3 billion a month. CBS News' James LaPorta has more.
The current state of AI regulations
Calls have reached a fever pitch recently for government action on AI. CBS News' Jo Ling Kent, Ed O'Keefe and Ryan McGee have more.
Zelensky says Russia targeted his plane twice
In an exclusive interview with CBS News' Aidan Stretch, Ukraine's President Volodymyr Zelensky said Russia had targeted his plane with drones twice in recent weeks, part of what he called a strategy to intimidate himself and other European leaders.
Watch: Patel, Sen. Schiff squabble
Democratic Sen. Adam Schiff and FBI Director Kash Patel squabbled over firings at the bureau and Patel's relationship with the media during his Senate Judiciary Committee hearing on Tuesday.