CPI report shows inflation eased in July to a 3.4% annual pace
The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
Economy
Trump administration reacts to economic data
The Trump administration is acknowledging concerning data on the U.S. economy as voters grow frustrated. CBS News' Nancy Cordes reports.
Iran, Oman continue to negotiate Hormuz deal
The Trump administration says a deal to reopen the Strait of Hormuz is imminent, but it still has not been announced. CBS News correspondent Natalie Brand is at the White House with more.
Trump faces disappointing July jobs report
The economy unexpectedly lost 23,000 jobs in July, signaling a slowdown that could complicate the Federal Reserve's next move on interest rates in September. The Trump administration downplayed the jobs report, blaming it on federal downsizing and layoffs in World Cup hospitality. CBS News business producer Emily Pandise has more.
U.S. unexpectedly loses 23,000 jobs in July
The U.S. economy saw an unexpected 23,000 job losses for the month of July. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Trump to appeal ballroom ruling to SCOTUS
An appeals court on Friday barred President Trump from building a White House ballroom without congressional approval. Mr. Trump now says he'll take the case to the Supreme Court. CBS News senior White House and political correspondent Ed O'Keefe reports.
8/7: The Takeout with Major Garrett
Senate navigating several matters ahead of summer recess; No U.S.-Iran deal yet on Strait of Hormuz.
A quandary for the Fed: Dealing with hot inflation and cool job growth
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
Shocking new jobs report shows big miss
The latest jobs report shows a big miss relative to expectations, with 23,000 jobs lost in July and some concerning revisions for past months. CBS News' Kelly O'Grady reports.
Americans got their biggest raises in 40 years. Inflation took most of it.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
World Cup host cities score economic boost
World Cup host cities saw a notable increase in spending from both domestic and international fans, according to Bank of America data. David Tinsley, a senior economist for Bank of America, has more on this report.
Sponsored
What to expect ahead of the July jobs report
The Bureau of Labor Statistics will release its July jobs report on Friday, August 7. CBS News business analyst Jill Schlesinger has more on what to expect. (Sponsored by AT&T Business)
More adults moving back home
With wages stagnant, inflation up, and the cost of living increasing, more American adults are seeing their parents as potential roommates as they look to save cash. CBS MoneyWatch reporter Megan Cerullo has more.
Dingell on Michigan Democratic Senate primary
Polls have closed in Michigan, where the heated Democratic Senate contest between Abdul El-Sayed and Haley Stevens is coming to a head. Democratic Rep. Debbie Dingell of Michigan joins CBS News to weigh in.
SpaceX posts first earnings report since IPO
Elon Musk's SpaceX delivered its first earnings report on Tuesday since going public in mid-June. Wall Street Journal reporter Becky Peterson joins CBS News to discuss.
More young Americans moving home to save cash
With inflation and rising costs, the affordability crisis is prompting some adults to consider rooming with their parents. CBS News' Jericka Duncan spoke with a 34-year-old woman about her decision to move back home.
Survey on Americans' sentiments on CEOs
A new survey examined Americans' attitudes and perceptions toward CEOs and extreme wealth concentration. CBS News contributor Javier E. David responds.
Oil giants see profits surge amid Iran war
America's biggest oil companies are reporting massive profits as the Iran war continues to disrupt global energy supplies. CBS News business contributor Javier David joins with analysis.
Poll: 75% say inflation outpacing income
New CBS News polling shows many Americans don't think President Trump is doing enough to bring down prices. Political strategists Rina Shah and Amirah Sequeira join with analysis.
7/31: The Takeout with Major Garrett
President Trump holds Cabinet meeting at Camp David; 7 states report cyberattack on water systems.
New poll shows reactions to economic state
A recent CBS News poll shows many Americans feel Republicans and Democrats are hurting their cost of living. CBS News' Anthony Salvanto and Aaron Navarro report.
Poll: Many say neither party helping inflation
As the perceived disparity between incomes and inflation continues to grow, new CBS News polling shows many Americans don't feel relief coming from Republicans or Democrats. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Poll: Democrats, GOP tied on economic ratings
In a shift, new CBS News polling finds both Democrats and Republicans are tied on economic approval ratings. CBS News executive director of elections and surveys Anthony Salvanto has the numbers.
Stocks rebound as some tech companies rally
Wall Street saw a big rebound on Thursday, with the Dow and Nasdaq shooting up more than 600 points. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
U.S. economic growth slows down
U.S. economic growth slowed down in the second quarter of 2026. CBS News business analyst Jill Schlesinger weighs in.
Trump's secret plane switch took place within a day of credible missile threat
President Trump secretly moved from Air Force One to another plane within a day of U.S. and Turkish intelligence picking up on an Iranian plot to fire a missile at the jet.
Live
Trump says U.S. has "total control" over Strait of Hormuz
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
Karoline Leavitt exiting as White House press secretary
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
Surrogate gives birth to baby at center of multistate legal battle
Surrogate McKenna West declined to get an abortion requested by the intended parents after the baby she was carrying was diagnosed with a severe but treatable heart defect.
2 killed when Apache helicopter from Fort Hood crashes in Salado, Texas
Two soldiers aboard an AH-64 Apache attack helicopter based out of Fort Hood were killed in a crash on Wednesday, according to local authorities and the Army.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
U.S. indicts former SPLC executive for her role in alleged fraud scheme
Prosecutors have accused the SPLC of telling donors and banks the group was dismantling white supremacist and extremist groups, but instead funneling payments to confidential informants in the groups to fund "violent, racist and extremist activities."
$1.04 billion Powerball jackpot won in Illinois
A single ticketholder in Illinois won a Powerball jackpot of $1.04 billion Wednesday night, the game says.
Norah O'Donnell: I take testosterone. Here's why.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
U.S.
More U.S.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
2 killed as Apache helicopter from Fort Hood crashes in Salado, Texas
Two soldiers aboard an AH-64 Apache attack helicopter based out of Fort Hood were killed in a crash on Wednesday, according to local authorities and the Army.
U.S. indicts former SPLC executive for her role in alleged fraud scheme
Prosecutors have accused the Southern Poverty Law Center of telling donors and banks it was dismantling white supremacist and extremist groups, while funneling payments to confidential informants in the groups.
Karoline Leavitt exiting as White House press secretary
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
MoneyWatch
More MoneyWatch
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
How much time does AI save at work? New Census Bureau data breaks it down.
New Census data shows how much faster workers can complete tasks when they enlist artificial intelligence for help.
Here's how much Social Security's 2027 COLA could rise under new estimates
Social Security's cost-of-living adjustment for 2027 is projected to be lower than previously forecast, according to new estimates.
NYC Council probes prediction markets over advertising practices
New York City lawmakers allege that four major prediction markets engage in deceptive marketing practices and target young adults.
$1.04 billion Powerball jackpot won in Illinois
A single ticketholder in Illinois won a Powerball jackpot of $1.04 billion Wednesday night, the game says.
Politics
More Politics
Trump's secret plane switch took place within a day of credible missile threat
President Trump secretly moved from Air Force One to another plane within a day of U.S. and Turkish intelligence picking up on an Iranian plot to fire a missile at the jet, CBS News has learned.
U.S. indicts former SPLC executive for her role in alleged fraud scheme
Prosecutors have accused the Southern Poverty Law Center of telling donors and banks it was dismantling white supremacist and extremist groups, while funneling payments to confidential informants in the groups.
Karoline Leavitt exiting as White House press secretary
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
11 charged for alleged sham marriages to help Chinese nationals get green cards
The DOJ unveiled criminal charges alleging 11 people participated in a scheme that involved more than 1,000 "sham marriages" between Chinese nationals and U.S. citizens.
First on CBS
Top Trump officials heading to Iowa to help GOP campaigns, sources say
The upcoming Iowa State Fair is a pivotal window of opportunity for candidates on the campaign trail.
HealthWatch
More HealthWatch
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Texas steps into surrogate fight with parents
California parents wanted to end a surrogate pregnancy when doctors diagnosed the baby with a severe heart defect at 20 weeks. The surrogate refused and went to Texas, where the state has now stepped in. The baby was born on Wednesday. Jason Allen reports.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell: I take testosterone. Here's why.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
World
More World
Colombia earthquake death toll rises as frantic search for survivors continues
The devastation has tested Colombia's new president and his government as it scrambles to respond to the disaster and civil society as it pushes to provide aid to the most affected communities.
At least 1 dead, 172 rescued from ferry fire near Bali, Indonesia
One Indonesian teenager was killed when the vessel caught fire in rough seas.
Cartel sought to buy weapons in exchange for fentanyl, U.S. says
"In exchange for the weapons, the defendants paid in the form of fentanyl and methamphetamine imported into the United States for distribution," the Justice Department said.
Live
Trump says U.S. has "total control" over Strait of Hormuz
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
Baby rescued from earthquake rubble in Colombia as death toll rises
Footage shared on social media shows a baby being rescued from the bloody arms of a man trapped underneath a destroyed building in Cali after a powerful earthquake struck Colombia.
Entertainment
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Entertainment
Becky G on her friendship with Karol G
Singer Becky G speaks with Gayle King about her tour with Karol G and the bond the two pop stars have formed. "We have a beautiful friendship," Becky G says, "one I'm really, really thankful for and one that I think throughout the years we've really earned with one another."
Behind the scenes of the movie "Tony"
Actor Dominic Sessa and renowned chef Eric Ripert talk with "CBS Mornings" about the new movie "Tony," which is loosely based on Anthony Bourdain's stories of his first experience working in a kitchen restaurant before he found fame. Sessa describes how he got involved and Ripert, who one of Bourdain's best friends, talks about his relationship with the beloved chef.
Becky G on being family's breadwinner
"CBS Mornings" co-host Gayle King speaks exclusively with pop superstar Becky G about feeling the pressure of becoming her family's breadwinner at a young age.
Spotify to label music from "AI personas"
Kourtnee Jackson, senior streaming and entertainment editor at CNET, joins "The Daily Report" to give her take on Spotify's decision to label AI-generated music and block it from being recommended to users.
Graceland celebrates "Elvis Week"
"Elvis Week" kicked off at Graceland in Memphis, Tennessee, on Aug. 8 and runs until Aug. 16, marking Elvis Presley's death. Alicia Dean, the longtime marketing and promotions specialist for Elvis Presley Enterprises, joins with more.
Technology
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Technology
Google unveils new tech, centered around AI
Google is officially unveiling its latest line of Pixel phones and other new devices at its 2026 Made By Google event in New York. AI is at the center of its newest offerings. Matt Binder, a senior reporter at Mashable, joins CBS News to discuss.
Meta on trial for social media addiction suit
Tech giant Meta is being accused of designing social media platforms that violate privacy and enable social media addiction in children. Jury selection in the trial begins today. CBS News legal contributor Jessica Levinson has more on the case.
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.
Duffy on new tech for air travel safety
Top transportation officials were at Newark Airport on Tuesday for the installation of a new radar system designed to help controllers prevent runway incidents. CBS News senior transportation correspondent Kris Van Cleave spoke with Transportation Secretary Sean Duffy about the new technology.
Wall Street targets $500B for AI
Nvidia scored an astounding $500 billion in financing for artificial intelligence, backed by Wall Street's top power brokers and firms. Puck founding partner and industry journalist William D. Cohan weighs in on the AI boom and data center construction.
Science
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Science
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
How a total solar eclipse stopped a war
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Perseid meteor shower peaks during eclipse
The Perseid meteor shower will peak during 2026's only total solar eclipse. Director of astronomy at Adler Planetarium, Dr. Geza Gyuk, explains why the eclipse is so special.
Crime
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Crime
Lindsay Clancy breaks down during trial
The judge in Lindsay Clancy's trial for the killings of her three children had to call multiple breaks on Wednesday as she broke down in tears during testimony about the injuries her children suffered in their deaths. CBS News Boston's Penny Kmitt has more.
What is credit card skimming?
A form of credit card theft known as skimming is on the rise as thieves install their own card readers to steal your information and money. It's a particular threat to users of EBT cards. Carter Evans reports on how to spot them and protect yourself.
Lindsay Clancy sobs during murder trial
Lindsay Clancy had an emotional day in court on Wednesday in the trial for killing her three children. She's fighting murder charges, saying she was suffering from postpartum psychosis and overmedication. Shanelle Kaul reports.
Lindsay Clancy's counselor takes the stand
Latiesha Dukes, one of Lindsay Clancy's mental health counselors before the deaths of her three children, testified Wednesday that she did not see signs of Clancy in crisis. CBS News' Shanelle Kaul has the latest.
Judge makes rare ruling in Mangione case
At a hearing for Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson, a judge ruled the jury in Mangione's New York state murder trial will be anonymous. Tom Hanson explains.
Space
More Space
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere today, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
New details on Trump's secret plane switch
CBS News' Olivia Rinaldi has new details on the news that President Trump and other government officials took extraordinary air security measures amid threats from Iran.
Lindsay Clancy breaks down during trial
The judge in Lindsay Clancy's trial for the killings of her three children had to call multiple breaks on Wednesday as she broke down in tears during testimony about the injuries her children suffered in their deaths. CBS News Boston's Penny Kmitt has more.
Total solar eclipse wows crowds in Europe
On August 12, 2026, a total solar eclipse awed onlookers throughout Europe, including in Spain and the United Kingdom. Video Producer: Martina Di Licosa
Eclipse chaser on following the events
Western Iceland and northern Spain were on the path of totality for a peak eclipse experience on Wednesday. Chris Orion, an eclipse chaser, joins CBS News to discuss from Sasamón, Spain.
U.S. sees surge in robocalls
Last month consumers received more than 4.3 billion robocalls, according to the robocall protection app YouMail. CBS Newspath correspondent Evyn Moon has more.