Gas prices jump to 9-month high
The average price of a gallon of gas across the U.S. is $3.83 according to AAA, a 9-month high. Wall Street Journal reporter Hardika Singh joined CBS News to discuss the reason for the price spike at the pump.
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The average price of a gallon of gas across the U.S. is $3.83 according to AAA, a 9-month high. Wall Street Journal reporter Hardika Singh joined CBS News to discuss the reason for the price spike at the pump.
U.S. businesses added 187,000 jobs in July, keeping pace with June's hiring as employers sought to add staff amid a tight labor market. Job growth has become more muted than earlier this year, Axios managing editor for business and markets Javier David joins CBS News to discuss why.
Lollapalooza kicks off in Chicago Thursday with the 4-day music festival featuring acts like Kendrick Lamar and Billie Eilish. About 400,000 people are expected to attend this year. Time Out Chicago editor Jeffy Mai joined CBS News to discuss the festival.
One of three major credit firms has downgraded the U.S.' credit rating from AAA to AA+. "The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management," Fitch Ratings said in a statement explaining the decision. Javier David, Axios managing editor for business and markets, joined CBS News to discuss the significance of the downgrade and what it could mean for Americans' finances.
Fitch Ratings, one of three major credit firms, downgraded the U.S. credit rating from AAA to AA+ on Tuesday. The Dow Jones, Nasdaq and S&P 500 all closed in the red one day after the news. Bharat Ramamurti, National Economic Council deputy director, joined CBS News to discuss how the Biden administration is reacting to the downgrade.
How Trump is framing Georgia election legal troubles; Poll: 34% approve of Biden's handling of economy
President Biden has toured the U.S. touting his administration's economic policies, but do Americans approve of how he has handled the economy? CBS News' executive director of elections and surveys Anthony Salvanto joined "America Decides" to examine the results of new CBS polling on the topic.
Florida Gov. Ron DeSantis unveiled his new economic plan at a campaign stop in New Hampshire on Monday as he looks to rejuvenate his campaign. DeSantis claims the plan, dubbed the "Declaration of Economic Independence," would bring 3% annual growth. CBS News political reporter Aaron Navarro has the latest from the campaign trail.
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
New CBS News polling shows most Americans, about 60%, still think the economy is struggling. Despite many indicators suggesting the economy is rebounding, including a rising GDP and the central bank no longer predicting a recession, only 15% of Americans see the economy as improving. CBS News executive director of elections and surveys Anthony Salvanto has more. Read more here.
A new CBS News poll finds 65% refer to the U.S. economy as "bad" even though major economic indicators have been improving. President Biden's aides are promoting the term "Bidenomics" to try to reverse Americans' perceptions. Nancy Cordes reports from Delaware.
This week on "Face the Nation with Margaret Brennan," new charges of a cover-up were filed against former President Donald Trump in the classified documents case. Plus, some optimistic signs when it comes to the economy.
High prices and interest rates are still weighing on personal budgets.
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, discussed the bright spots on the economic front from last week.
There were some positive signs last week that the economy might be holding firm. Mark Strassmann has the details.
Missed the second half of the show? The latest on…former Arkansas Gov. Asa Hutchinson, who is seeking the Republican nomination for president, discussed a proposed mental acuity test for politicians over 75, Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, discussed the bright spots on the economic front from last week, and San Antonio Mayor Ron Nirenberg discussed the ongoing heat wave has put much of the Southeastern U.S. under dangerous heat alerts.
President Biden is visiting Maine Friday for the first time as president to highlight his economic agenda in a speech at a textile factory. The speech comes one day after new data showed the economy grew 2.4% in the second quarter. CBS News chief White House correspondent Nancy Cordes has more.
CBS News Business Analyst Jill Schlesinger joins "CBS Mornings" to discuss how to do a mid-year money check-up. She shares which accounts, policies, and subscriptions to review if your goal is saving money for the rest of the year.
Florida Gov. Ron DeSantis campaigned in Iowa on Thursday as part of a bus tour set up by a super PAC supporting him. CBS News senior White House and political correspondent Ed O'Keefe spoke with the governor about former President Donald Trump's indictments, economic growth, climate change and more.
Lina Khan is the youngest chair of the Federal Trade Commission ever. CBS News' John Dickerson spoke with Khan about the FTC's role in protecting consumers, fighting monopolies and the strong reaction her efforts have sparked from judges, Republicans and businesses.
The nation's GDP grew at an annual rate of 2.4% from April to June 2023 -- a faster rate than many economists predicted. Lori Bettinger, president of Bancalliance, joined CBS News to discuss what the new figure means for the state of the economy.
Data from FactSet shows existing homes and new homes are now selling for the same median price. Ten years ago, new home prices were on average $60,000 more expensive than existing homes. A big reason for that could be a lack of housing stock due to potential sellers hanging onto their homes thanks to lower interest rates on their mortgages. Sami Sparber, real estate reporter for Axios, joined CBS News to talk about the trend.
Millions of Americans qualify for free tax filing services and don't even know it. Stefanie O'Connell Rodriguez, host of Real Simple's "Money Confidential" podcast, walks through some of the free programs available this tax season.
New data from the Bureau of Economic Analysis shows the GDP grew at a rate of 2.4% between April and June of 2023, nearly half a point more than the 2% rate seen in the first quarter. Hardika Singh, markets reporter for the Wall Street Journal, joined CBS News to talk about the newly released numbers.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Retired staff sergeant Wilmer Trujillo, who served roughly 20 years in the U.S. Army and the Texas National Guard, is asking ICE to release his wife of six years.
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
The president says he's trying to force Congress to pass a voter ID bill that currently lacks enough support to be approved.
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
President Trump has invoked the Defense Production Act to address constraints in the production of munitions, according to a presidential memo released Tuesday.
ICE has moved detainees out of a controversial soft-sided detention center in the Florida Everglades known as "Alligator Alcatraz," a spokesperson said, citing safety concerns around hurricane season.
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Rex Heuermann will be sentenced after he pleaded guilty to killing seven women in a series of murders known as the Gilgo Beach serial killings.
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Retired staff sergeant Wilmer Trujillo, who served roughly 20 years in the U.S. Army and the Texas National Guard, is asking ICE to release his wife of six years.
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
A business jet with six on board crashed on a Laredo, Texas, highway and caught fire, killing one person and causing chaos as passersby frantically tried to save those inside.
Rep. Barry Moore won the Republican Senate runoff in Alabama on Tuesday night, CBS News projects, defeating political newcomer and U.S. Navy Seal Jared Hudson.
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
A new analysis projects how much Americans will pay for electricity from June to September, depending on their state of residence.
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Retired staff sergeant Wilmer Trujillo, who served roughly 20 years in the U.S. Army and the Texas National Guard, is asking ICE to release his wife of six years.
Robert White's win in the heavily Democratic city sets him up to take the top spot in November's general elections, when he could replace 18-term delegate Eleanor Holmes Norton.
President Trump delayed Jay Clayton's nomination to lead the U.S. intelligence community, saying he's trying to force Congress to pass a voter ID bill that currently lacks enough support to be approved.
ICE has moved detainees out of a controversial soft-sided detention center in the Florida Everglades known as "Alligator Alcatraz," a spokesperson said, citing safety concerns around hurricane season.
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Critics have questioned the overall legality of the boat strikes as well as their effectiveness since the U.S. military began them in September 2025.
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
India alone has more than 18,000 sailors stuck across the Persian Gulf region. Some tell CBS News it feels like they're "in jail."
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Chris Stapleton and The Smashing Pumpkins are set to headline America250's "America's Block Party Concert," with Queen Latifah set to host. Rosie Rios, the chair of America250, joins CBS News 24/7 with more.
Harlan Coben talks about casting for the Netflix adaptation of his 2023 bestselling novel "I Will Find You." The series stars Sam Worthington, who describes how fatherhood impacted him in his role and how he sees his character.
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Serena and Venus Williams are getting back together as a doubles team, at Wimbledon. The last time the sisters were a doubles duo was at the 2022 U.S. Open, where they lost their opening match.
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
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.
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The FBI says it foiled a plot to attack Sunday's UFC event at the White House. Court records detail an alleged plot to use drones carrying explosives and snipers to target certain event attendees. CBS News' Katrina Kaufman has the latest.
Rex Heuermann, the man who pleaded guilty in April to the Gilgo Beach murders, is set to be sentenced on Wednesday. Tom Hanson reports on how the case unfolded.
Rex Heuermann will be sentenced after he pleaded guilty to killing seven women in a series of murders known as the Gilgo Beach serial killings.
Law enforcement sources tell CBS News officials allegedly seized weapons, thousands of rounds of ammunition, and tactical gear while conducting search warrants in connection with the foiled plot to attack the UFC event at the White House over the weekend. CBS News security and law enforcement contributor Lance Leising has more.
Police in Delaware are still searching for a suspect who shot two people at Wilmington Hospital on Tuesday, officials said at a news conference. At least one person is dead and another injured.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the Trump civil fraud trial that made him "the most famous judge in America, for a while."
Lionel Messi on Tuesday became the first man to play in six World Cups. He scored three goals to help lead Argentina over Algeria in their opening match and now has 16 World Cup goals, which is tied for the most of all time.
As President Trump touts the U.S.-Iran deal to world leaders at the G7 summit, some Republicans in Congress are expressing skepticism and want to see the agreement. Details remain limited as the full text has yet to be released. Nancy Cordes has more.
The FBI says it foiled a plot to attack Sunday's UFC event at the White House. Court records detail an alleged plot to use drones carrying explosives and snipers to target certain event attendees. CBS News' Katrina Kaufman has the latest.
Rex Heuermann, the man who pleaded guilty in April to the Gilgo Beach murders, is set to be sentenced on Wednesday. Tom Hanson reports on how the case unfolded.