Inflation is creeping higher, putting pressure on American consumers
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
Economy
New economic data shows slight dip
The Producer Price Index fell by 0.1% in August, according to new data released Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Trump responds to jobs report revisions
The Bureau of Labor Statistics revised its jobs report to show that the U.S. added 911,000 fewer jobs than previously reported between March 2024 and March 2025. Meanwhile, President Trump continued his attacks on the agency's data collection, telling reporters he should look at the revised data. CBS News business contributor Javier David has more.
Rising costs impact on the middle class
Rising costs from groceries to housing are outpacing wages and leaving many households stretched thin. CBS News business analyst Jill Schlesinger breaks down the impact on the middle class.
Labor market added 911,000 fewer jobs than earlier reported, BLS says
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
David Rubenstein: Recession not on horizon
CBS News chief Washington correspondent Major Garrett sat down with David Rubenstein, co-founder of the Carlyle Group and owner of the Baltimore Orioles, to get his outlook on the U.S. economy and more.
Will Fed cut interest rates by half a point?
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Former CBO director slams Trump's economy
The Bureau of Labor Statistics on Tuesday said the U.S. added 911,000 fewer jobs than previously reported in the 12-month period ending in March 2025. Douglas Holtz-Eakin, former director of the Congressional Budget Office, joins "The Takeout" to discuss the state of the U.S. economy.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Jobs growth revised down by 911,000
The Bureau of Labor Statistics said the U.S. labor market added 911,000 fewer jobs between April 2024 and March 2025. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Economists expect a major downward jobs revision from BLS today
Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why.
Americans' confidence in finding a new job is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Analyzing August's weak jobs report
The recent lackluster jobs report showed a cooling U.S. labor market with only 22,000 jobs added in August. CBS News MoneyWatch correspondent Kelly O'Grady has more on how it could impact the Federal Reserve's next interest rate decision.
Top Trump adviser urges for Fed reform
White House National Economic Council director Kevin Hassett told "Face the Nation with Margaret Brennan" that he believes the Federal Reserve "needs to be fully independent of political influence" as President Trump continues to pressure Fed Chair Jerome Powell to lower interest rates. CBS News business contributor Javier David has the latest.
Poll: Americans "uncertain" on economy
The CBS News polling team asked Americans to come up with one word to describe the economy, and the top one they picked was uncertain, CBS News director of elections and surveys Anthony Salvanto says as he breaks down the latest CBS News poll.
Trump goes golfing amid economic slowdown concerns
Wall Street took hits on the market after hiring slumped in August. The economy added 22,000 jobs, far below expectations, fueling fresh concerns about a slowdown. Nikole Killion has more details.
Trump signs Dept. of War order, announces 2026 G20 will be at Doral
President Trump on Friday signed an executive order to begin the process of renaming the Department of Defense to the Department of War.
Employers added 22,000 jobs in August, falling short of forecasts
The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
Reporter's Notebook: Future of manufacturing jobs
Despite solid output and productivity growth for manufacturing, the sector has lost about 78,000 jobs this year. Can President Trump deliver on his promise for a manufacturing renaissance? "CBS Evening News" co-anchor John Dickerson explains.
Economist explains August jobs report in context
The economy added just 22,000 jobs in August, which was well below expectations. The Dow reacted by falling 220 points. Economist Michael Strain of the American Enterprise Institute gives his take.
A possible upside to August's slowing job growth
Employers across the U.S. added 22,000 jobs in August, falling short of economists' muted expectations and signaling the labor market is facing sharp headwinds from mounting economic uncertainty amid the Trump administration's wide-ranging tariffs. Jo Ling Kent has the biggest takeaways.
Army veteran shares struggle to find work
A U.S. Army veteran, unable to find a job, opens up about the challenges of supporting herself and her children after leaving the service.
Breaking down the August jobs report
The U.S. economy added 22,000 jobs in August -- well below expectations. Kelly O'Grady has more.
Why August jobs report could be concerning
The August jobs report fell short of economists' muted expectations. The Labor Department said U.S. employers added 22,000 new jobs last month. Economists had expected a number closer to 80,000. The unemployment rate also ticked up slightly to 4.3% in August. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Digging into the weak August jobs report
The U.S. economy added 22,000 non-farm jobs in August, below the 75,000 forecast by leading economists. Unemployment ticked up to 4.3%. CBS News' Jo Ling Kent reports and Justin Wolfers, an economics professor at the University of Michigan, joins "The Takeout" to discuss.
Taiwan accuses China of "reckless" drills as forces simulate a blockade
As Taiwan blasts China's "highly provocative and reckless" blockade rehearsal, Trump touts his relationship with Xi Jinping and says an invasion is unlikely.
Trump says Hamas must disarm very soon or "there will be hell to pay"
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
"Bomb cyclone" hits Midwest, takes aim at East Coast. Maps show forecast.
A powerful winter storm system moving across the northern United States could become a "bomb cyclone" over the Northeast region.
U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
National Guard deploying to New Orleans as city marks 1 year since terror attack
The Guard members will stay through Carnival season, when residents and tourists descend on the Big Easy to partake in costumed celebrations and massive parades before ending with Mardi Gras.
George Clooney, his wife and their twins granted French citizenship
France's government says that George Clooney, his wife Amal and their eight-year-old twins Ella and Alexander have been awarded French citizenship.
U.S.
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National Guard deploying to New Orleans as city marks 1 year since terror attack
The Guard members will stay through Carnival season, when residents and tourists descend on the Big Easy to partake in costumed celebrations and massive parades before ending with Mardi Gras.
Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
Photos show motorcycle collection tied to Olympian-turned-alleged-drug-kingpin
Authorities in Mexico have seized a large collection of motorcycles believed to be owned by Ryan Wedding, the former Olympian wanted for allegedly running a major drug trafficking operation.
Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
Georgia execution paused over questions about clemency process
Stacey Humphreys, 52, was convicted of malice murder and other crimes in the 2003 shooting deaths of Cyndi Williams, 33, and Lori Brown, 21, in Cobb County, northwest of Atlanta.
MoneyWatch
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Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
These 9 states are cutting income taxes in 2026. See where.
Income tax cuts are taking effect in multiple U.S. states on Jan. 1, 2026, a new analysis says.
OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Politics
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Dutch angry at U.S. for yanking panels honoring Black World War II troops
The removal by a U.S. military cemetery in the Netherlands of two displays recognizing Black troops who fought in World War II has spurred anger there.
New California tortilla law aims to decrease birth defects in Latino babies
Mom-and-pop shops will be exempt from this change, but big manufacturers in California will need to start adding folic acid to tortillas beginning January 1.
Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
HealthWatch
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New California tortilla law aims to decrease birth defects in Latino babies
Mom-and-pop shops will be exempt from this change, but big manufacturers in California will need to start adding folic acid to tortillas beginning January 1.
Advances in treatment for Alzheimer's disease
The number of Americans with Alzheimer's disease is expected to double from 7 million in 2020 to 14 million by 2060, according to the CDC. However, advances in treatment options are giving more people hope in slowing the decline. Dr. Jon LaPook breaks it down.
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
World
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Dutch angry at U.S. for yanking panels honoring Black World War II troops
The removal by a U.S. military cemetery in the Netherlands of two displays recognizing Black troops who fought in World War II has spurred anger there.
Taiwan accuses China of "reckless" drills as forces simulate a blockade
As Taiwan blasts China's "highly provocative and reckless" blockade rehearsal, Trump touts his relationship with Xi Jinping and says an invasion is unlikely.
George Clooney, his wife and their twins granted French citizenship
France's government says that George Clooney, his wife Amal and their eight-year-old twins Ella and Alexander have been awarded French citizenship.
Japan's prime minister moves into "haunted" official residence
Japanese premiere Sanae Takaichi has moved into the prime minister's official residence, where ghosts of Japanese soldiers from a century ago are reputed to reside.
U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Entertainment
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George Clooney, his wife and their twins granted French citizenship
France's government says that George Clooney, his wife Amal and their eight-year-old twins Ella and Alexander have been awarded French citizenship.
Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Actor accusing Tyler Perry exchanged texts with him years after alleged assault
Actor Mario Rodriguez alleged in the lawsuit filed last week in California that Tyler Perry sexually assaulted him during encounters between 2014 and 2019.
French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
MetroCard art: Swiping beauty from the mundane
On December 31, New York City will officially retire the transit system's MetroCard, that ubiquitous piece of plastic used to gain entrance onto subways and buses. But there is beauty in using MetroCards as the raw materials for art, as Thomas McKean has found in his collages and miniature sculptures depicting portraits of city life. Serena Altschul reports.
Technology
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OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
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.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
Photos show motorcycle collection tied to Olympian-turned-alleged-drug-kingpin
Authorities in Mexico have seized a large collection of motorcycles believed to be owned by Ryan Wedding, the former Olympian wanted for allegedly running a major drug trafficking operation.
North Texas man charged with trying to provide material support to ISIS, officials say
The 21-year-old Midlothian man was arrested after bringing bomb-making components to a meeting with an undercover officer, the feds say.
Victim in Christmas shooting in Southfield never called 911, police say
Police investigating the Christmas Day deaths of two people at an apartment complex say neither the victim nor her friend ever called 911, despite a history of domestic violence in the victim's relationship.
DOJ: D.C. pipe bomb suspect confessed
The Virginia man accused of placing pipe bombs outside the DNC and RNC headquarters on the eve of the Jan. 6, 2021, Capitol riots has confessed, according to a new court filing. CBS News justice correspondent Scott MacFarlane has the details.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
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
Shaq helps tall police recruit after failed exam
After completing the police academy earlier this year, 7-foot-3 Jordan Wilmore fell short of passing the state exam by one point. NBA legend Shaquille O'Neal learned about his story and offered his support. Jericka Duncan reports.
Young Americans weigh climate fears
Some young adults say their considering climate change and the future when deciding whether or not to have children. David Schechter reports.
Hero who disarmed Bondi Beach gunman speaks out
It's been two weeks since gunmen opened fire on a Hanukkah celebration in Sydney, Australia, killing 15 people and wounding 40 others. Amid the tragedy, an act of heroism stands out -- shopkeeper Ahmed al Ahmed tackled and disarmed one of the gunmen. Anna Coren has an exclusive interview.
Viral video prompts Minnesota day care probes
As Homeland Security agents were in Minnesota conducting what DHS Secretary Kristi Noem called a "massive investigation on childcare and other rampant fraud," many of their targets came not from tips from the FBI, but from a video posted on social media over the weekend. CBS Minnesota's Jonah Kaplan reports.
Bystander recounts deadly helicopter crash
Two pilots have died of their injuries after their helicopters crashed over New Jersey. CBS Philadelphia reporter Ray Strickland spoke to a woman who says she comforted one of the pilots after the chopper crashed outside her home.