Inflation rate rose by 2.4% last month, showing cooling prices
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Consumer Price Index
Unpacking slight February inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to examine what that means for price relief for Americans.
Inflation rises by 2.8% in February
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Egg prices expected to continue to rise
Egg prices are expected to continue going up as farmers across the country deal with outbreaks of bird flu. The USDA is working to reimburse farmers who have to kill and replace their chickens. Kati Weis reports.
Americans say incomes not keeping up with inflation — CBS News poll
Americans express concern about their ability to pay bills and save money.
Consumer confidence plunged in February amid rising economic concerns
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.
Wholesale prices rise 0.4% in January
The producer price index jumped 0.4% in January, a mark that's higher than expected and possibly another indicator that progress against inflation has stalled. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Breaking down Jan. consumer price index report
The latest CPI report reveals a 3% increase in prices compared to last year, with eggs being just one of the many items seeing higher costs. CBS News Moneywatch correspondent Kelly O'Grady breaks down the key takeaways from the report.
Inflation accelerated in January, CPI report finds
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily. Martin Baccardax joins to discuss.
What does inflation mean for the economy?
New data out Wednesday shows U.S. inflation accelerated faster than economists had predicted in January. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
CPI: Inflation hotter than expected in January
The consumer price index shows that inflation accelerated in January at a pace economists weren't forecasting, rising 3% on an annual basis and 0.5% monthly. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the largest gains in overall prices in months. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to break down the new numbers.
CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation up 2.9% in latest CPI report
The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of consecutive increases. Experts are warning of delays in interest rate cuts and possibly even rate hikes. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Holiday shoppers feeling inflation pinch
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final rate decision of 2024. CBS News contributor Javier David has more.
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.
CPI shows uptick in inflation for November
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Thanksgiving grocery prices down slightly
Shoppers buying Thanksgiving groceries are seeing some relief at the register for the first time in years. The price of staples like turkey, pumpkin and green beans are down compared to last year, although cranberries and wine have jumped. Kelly O'Grady reports.
What inflation data means for consumers
The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on what it means for consumers.
Inflation ticks up for first time since March
The consumer price index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September's 2.4%. The uptick means the Federal Reserve's 2% target rate is further out of reach. Kelly O'Grady reports.
Inflation rises 2.6% in October
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Some U.S. grocery prices are dipping for the first time since 2020
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
Producer price index unchanged in September
New data from the Bureau of Labor Statistics shows the producer price index was flat in September. Dow Jones economists had predicted a tenth of a percent increase. CBS News contributor J.D. Durkin has more.
August CPI report shows 0.2% inflation rise
The Consumer Price Index rose 0.2% in August, the same as July, putting the 12-month inflation rate at 2.5%. CBS News contributor Javier David has a look at the numbers and what they might mean for interest rates.
Inflation cools further before Fed's next interest rate decision
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
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.
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.
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.
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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.
Patel defends lowering hiring standards related to prostitution, bestiality
Tuesday's hearing marked the first time that Patel has publicly addressed the new hiring standards related to prostitution, employment theft and bestiality.
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.
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.
Americans' incomes hit a record high in 2025. Now for the bad news.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
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.
MoneyWatch
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Americans' incomes hit a record high in 2025. Now for the bad news.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
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.
Politics
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Patel defends lowering hiring standards related to prostitution, bestiality
Tuesday's hearing marked the first time that Patel has publicly addressed the new hiring standards related to prostitution, employment theft and bestiality.
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.
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.
Latest Galleries
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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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Latest CBS News Videos
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.