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.
Jesse Jackson, civil rights leader who ran for president, dies at age 84
The Rev. Jesse Jackson marched alongside Martin Luther King Jr., ran for president in the 1980s and led the Rainbow/PUSH Coalition in Chicago for decades.
Epstein survivor tells CBS News how she was trafficked, and assaulted
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
What we know about the evidence in the Nancy Guthrie search so far
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
Democrats make counteroffer on ICE reforms as DHS shutdown continues
Democrats made their counteroffer on overhauling immigration enforcement on Monday, the latest step in talks to fund the Department of Homeland Security.
Jesse Jackson remembered as "a role model for a generation"
Martin Luther King Jr.'s daughter Bernice King shared a photo on social media of Jackson and King and wrote, "Both ancestors now..."
Iran calls talks with U.S. "more constructive" as Trump's threat looms
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
Tricia McLaughlin, top Homeland Security spokeswoman, leaving her post
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
Warner Bros. Discovery restarts takeover talks with Paramount Skydance
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Trump honors Jesse Jackson as "force of nature"
President Trump and the Rev. Jesse Jackson, who died Tuesday at the age of 84, knew each other for decades.
U.S.
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Tricia McLaughlin, top Homeland Security spokeswoman, leaving her post
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
Epstein survivor tells CBS News how she was trafficked, and assaulted
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
Trump honors Jesse Jackson as "force of nature"
President Trump and the Rev. Jesse Jackson, who died Tuesday at the age of 84, knew each other for decades.
Democrats make counteroffer on ICE reforms as DHS shutdown continues
Democrats made their counteroffer on overhauling immigration enforcement on Monday, the latest step in talks to fund the Department of Homeland Security.
Jesse Jackson remembered as "a role model for a generation"
Martin Luther King Jr.'s daughter Bernice King shared a photo on social media of Jackson and King and wrote, "Both ancestors now..."
MoneyWatch
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Warner Bros. Discovery restarts takeover talks with Paramount Skydance
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Why athleisure giant Lululemon is losing momentum
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
Average tax refund is nearly 11% higher so far this year, IRS data shows
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
What's open and closed on Presidents Day 2026?
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Prediction markets heat up on Valentine's Day as people place bets on love
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
Politics
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Tricia McLaughlin, top Homeland Security spokeswoman, leaving her post
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
Trump honors Jesse Jackson as "force of nature"
President Trump and the Rev. Jesse Jackson, who died Tuesday at the age of 84, knew each other for decades.
Democrats make counteroffer on ICE reforms as DHS shutdown continues
Democrats made their counteroffer on overhauling immigration enforcement on Monday, the latest step in talks to fund the Department of Homeland Security.
Iran calls talks with U.S. "more constructive" as Trump's threat looms
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
Jesse Jackson remembered as "a role model for a generation"
Martin Luther King Jr.'s daughter Bernice King shared a photo on social media of Jackson and King and wrote, "Both ancestors now..."
HealthWatch
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Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
Thousands of mothers were flagged to police over flawed drug tests at childbirth
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
World
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Belgium accuses U.S. envoy of disinformation for antisemitism claim
Belgian authorities call the U.S. ambassador's intervention in the case of three Jewish religious figures "dangerous disinformation."
Epstein survivor tells CBS News how she was trafficked, and assaulted
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
Iran calls talks with U.S. "more constructive" as Trump's threat looms
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
Russia hammers Ukraine again as U.S. brokers 3rd round of peace talks
The U.S. is brokering a 3rd round of Russia-Ukraine talks, but there's little hope of a breakthrough to end the deadliest war on European soil in 80 years.
Bobsledder Elana Meyers Taylor, 41, wins gold in 5th Olympic appearance
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Entertainment
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Entertainment
Oscar-winning actor Robert Duvall dies at 95
Oscar-winning actor Robert Duvall died on Sunday at the age of 95. Duvall starred in classics like "The Godfather" and "Apocalypse Now." Vladimir Duthiers looks back at his career.
Robert Duvall dies at 95
Robert Duvall, known for his roles in "The Godfather," "Apocalypse Now" and more, has died at 95, his wife announced in a social media post Monday. CBS News correspondent Shanelle Kaul has more.
Robert Duvall, Oscar winner who starred in "The Godfather," dies at age 95
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
Stephen A. Smith: Always up for a debate
The high-profile ESPN and SiriusXM commentator and bestselling author is a combative and colorful voice on sports. But now, with a weekly political show in which he interviews government leaders, he is raising eyebrows in Washington, too.
Stephen A. Smith: Always up for a debate
High-profile ESPN and SiriusXM commentator and bestselling author Stephen A. Smith is a combative and colorful voice on sports. But now, with a weekly political show, in which he interviews government leaders, he is gaining notice in Washington, too. Smith talks with "Sunday Morning" national correspondent Robert Costa about his journey and whether he might soon be on a debate stage.
Technology
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Technology
Potential impacts of AI
Matt Shumer joins "CBS Mornings" to discuss his now viral article, "Something Big Is Happening." He writes that AI's "capability for massive disruption could be here by the end of this year." Shumer explains why he wrote the article, and his message to concerned readers.
Viral essay urges people to prepare for AI
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
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.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
FTC warns Apple's Tim Cook over alleged political bias in Apple News app
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
Science
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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.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Crime
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Crime
"Signal sniffer" deployed in Guthrie search
Investigators deployed a "signal sniffer" device to help pinpoint Nancy Guthrie's location using her pacemaker as the search for the mother of "Today" host Savannah Guthrie enters its third week. CBS News' Jonathan Vigliotti has more.
Sheriff rules out family in Guthrie case
As the search for Nancy Guthrie continues, the Pima County sheriff for the first time is officially ruling out her family members, including siblings and spouses, as possible suspects. Meanwhile, investigators are also using a device known as a "signal sniffer" to try to detect transmissions from Guthrie's pacemaker. Jonathan Vigliotti reports.
Key evidence in the Nancy Guthrie case
Pima County Sheriff Chris Nanos said Nancy Guthrie's family members and their spouses have been cleared as possible suspects in her disappearance. This comes as more details emerge about potential evidence in the case. CBS News' Jonathan Vigliotti reports.
Hillary Clinton on Epstein files handling
Former Secretary of State Hillary Clinton, who is being pressured to testify on what she knows about Jeffrey Epstein's dealings, is accusing the Trump administration of a cover-up over the Justice Department's handling of the Epstein files release. CBS News' Natalie Brand reports.
What we know about the evidence in the Nancy Guthrie search so far
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
Space
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Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
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.
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
Al Sharpton reacts to Jesse Jackson's death
Rev. Al Sharpton spoke to reporters on Tuesday following the news of civil rights leader Rev. Jesse Jackson's death. CBS News' Ed O'Keefe has more.
Trump remembers Jesse Jackson
President Trump posted on social media about civil rights leader Rev. Jesse Jackson's death, calling him "a good man" and "a force of nature like few others before him." CBS News' Ed O'Keefe has more.
U.S. bobsledder Elana Meyers Taylor wins gold
Elana Meyers Taylor, the most decorated U.S. female bobsledder, won her first gold medal on Monday, making history as the oldest Winter Olympian to win gold in an individual event. CBS News' Kelly O'Grady has more.
BET president on Rev. Jesse Jackson's legacy
BET president Louis Carr joined CBS News 24/7 Mornings to reflect on the life and legacy of civil rights leader Rev. Jesse Jackson after his family announced his death at 84.
Lawmakers react to Jesse Jackson's death
Lawmakers on Capitol Hill are reacting to the news of Rev. Jesse Jackson's death at 84. Meanwhile, a partial government shutdown is in its fourth day after Congress failed to compromise on DHS funding. CBS News' Nikole Killion has more.