Inflation slows more than expected
Inflation slowed sharply in November, continuing a gradual decline since price hikes peaked across the U.S. this summer. Ed O'Keefe reports.
Economy
Stocks fall following latest rate hikes
The Federal Reserve raised interest rates by half a point Wednesday, and the Dow Jones Industrial Average index fell following the announcement before briefly spiking when Fed Chairman Jerome Powell said that he wouldn't rule out the prospect of a soft landing. J.D. Durkin, host of "TheStreet," joined CBS News to look back on the Fed's work in 2022 and discuss what Americans should expect in the coming year.
CPI report shows inflation slowing down
President Biden says the latest Consumer Price Index report is a sign that the country's economy is heading in the right direction. November's monthly index showed inflation is slowing, and the rate was not only lower than October's, but less than economists predicted. CBS News senior White House and political correspondent Ed O'Keefe has more on the administration's economic agenda and the celebratory plans for the signing of the Respect For Marriage Act into law.
Stocks soar on latest signs that inflation is slowing
Wall Street jumped after a government report showed U.S. inflation slowed more in November than analysts had expected.
Inflation cooled in November for fifth month
The annual inflation rate hit 7.1% in November, the fifth straight month that consumer prices cooled off. Lori Bettinger, president of BancAlliance, joins CBS News' Elaine Quijano and Lana Zak on how this could affect the Federal Reserve's announcement Wednesday on interest rates.
U.S. Inflation slightly cooling down
The Consumer Price Index rose 7.1% in November, down from 7.7% in October. The Federal Reserve is expected to announce another interest rate hike this week. CBS News reporter Sarah Ewall-Wice joins us with the latest on what this means for the economy.
Pace of U.S. wage growth slows
The pace of wage growth has shown signs of losing steam as investors look closely at the labor market and how it could affect the Federal Reserve's decision on interest rates. Erica Pandey, business reporter for Axios, joins CBS News' Lilia Luciano on why wages are rising at a slower rate.
Many taxpayers can expect smaller refunds
Many Americans should brace for smaller refunds next April, since several pandemic relief programs are set to expire. CBS MoneyWatch associate managing editor Aimee Picchi joins "CBS News Mornings" with the latest.
Feds expected to raise interest rates again
The Federal Reserve is set to meet this week to discuss another possible interest rate hike. The two-day meeting comes after Treasury Secretary Janet Yellen saying she predicts a significant reduction in inflation by the end of next year. Kristin Myers, the editor-in-chief at The Balance, joins CBS News to discuss.
Price increases slam holiday industries
Americans are expected to spend more to decorate and buy gifts for family and friends this holiday season. Scott MacFarlane reports that price increases are hitting the holiday industries, but people still want to spend this year to keep their traditions going.
ICYMI: A look back at Sunday's 60 Minutes
Janet Yellen on recession fears, inflation and the war in Ukraine; Families suing social media companies; Cape Town's College of Magic.
Janet Yellen: The 2022 60 Minutes Interview
The treasury secretary tells Norah O’Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.
Jamie Dimon on Ukraine, China, homeownership and more
Jamie Dimon, the CEO of JPMorgan Chase, discusses the economic impact of Russia's war in Ukraine, China loosening its "zero COVID" policy, mortgage rates and more.
This week on "Face the Nation with Margaret Brennan," Dec. 11, 2022
J.P. Morgan Chase & Co. CEO Jamie Dimon, House Intelligence Committee Chairman Rep. Adam Schiff, and more, will appear on "Face the Nation with Margaret Brennan" this Sunday.
Wholesale prices rose in November
Wholesale prices rose 0.3% in November, despite efforts to cool inflation. The numbers could signal another interest rate hike by the Federal Reserve. Bob Elliot, the CEO and CIO of Unlimited, joins CBS News' Lana Zak and Tanya Rivero to discuss.
U.K. overhauls financial sector
The British government has announced an overhaul of financial regulations that were originally put in place following the 2008 financial crisis. And China eases its strict "zero-COVID" policies in an effort to bring down inflation. CBS News foreign correspondent Ramy Inocencio discusses with anchors Anne-Marie Green and Meg Oliver.
Analyzing inflation, stocks, cryptocurrency
According to the Bureau of Labor Statistics' Producer Price Index that was released today, the prices of wholesale goods in the U.S. rose 0.3% for the month of November. Meanwhile, investors are trying to remain optimistic about the stock market heading into 2023. CBS News contributor and Axios managing editor of business and markets Javier David joins us to discuss.
U.S. gas prices now lower than 1 year ago
Gas prices continue to fall and are now lower than they were one year ago. While plunging gas prices have provided some relief, Americans are still facing stubbornly high inflation. Kris Van Cleave takes a look.
Jamie Dimon warns of "mild recession"
JPMorgan Chase CEO Jamie Dimon spoke with "Face the Nation" moderator Margaret Brennan about the state of the economy and how geopolitical issues could play a role. He warned of a mild recession in 2023. Brennan joins CBS News' John Dickerson on "Prime Time" with more on the interview.
China's new COVID policy may aid supply chain
As Wall Street anticipates next week's Federal Reserve meeting, the market may have caught a break as China began to ease its strict "zero-COVID" policies. David Bahnsen of The Bahnsen Group joins CBS News to discuss why some investors are bullish on the effect of China's new policy.
China's trade takes a dive
China's trade is suffering its worst slump in nearly three years. The drop announcement comes as China rolls back its stringent COVID-19 policies following widespread protests. Marley Kayden, a business reporter and professor for DePaul University, joins CBS News to discuss how pulling back these policies could impact the Chinese economy. She also weighs in on what's expected at the Federal Reserve's next meeting.
Demand drops for goods from China
A report from CNBC says there's less demand in the U.S. for Chinese manufacturing. It comes as both the EU and the U.S. express concerns about reliance on China due in part to its ties to Russia. Keith Bradsher, Beijing bureau chief for the New York Times, joins "CBS News Mornings" to explain the shift and what that means for consumers and the economy.
Better to buy a real or artificial Christmas tree?
A real or artificial Christmas tree? Carter Evans takes a look at which one is better for your wallet and the environment.
Surprising jobs report shows strong hiring
The Labor Department's November jobs report showed the U.S. gained 263,000 jobs last month. But fears about inflation and a possible recession remain. Meg Oliver reports.
Stocks fall with another rate hike expected
The Dow plunged over 480 points Monday as investors remain fearful the Federal Reserve could drive the economy into a recession with additional interest rate hikes. Dory Wiley, president and CEO of Commerce Street Holdings, joined CBS News' Lilia Luciano on the implications of the Fed's next move.
8 children killed in mass shooting in Shreveport, Louisiana, police say
Eight children and teens were killed early Sunday in a mass shooting in Shreveport, Louisiana. The suspected shooter is also dead.
Live
Trump says more negotiations with Iran will be held in Islamabad
President Trump threatened attacks on bridges and power plants if Iran did not accept a deal.
How dangerous trucking companies escape their past and get back on the road
As truck traffic increases, government and industry haven't been able to stop thousands of so-called "chameleon carriers," with deadly consequences.
5 wounded in shooting near University of Iowa, including 3 students
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
U.K. police probe if Iranian proxies are behind attacks on Jewish sites
U.K. counterterrorism police are investigating a spate of arson attacks against Jewish sites in London.
Former judges speak out on Trump admin's immigration court purges
Following President Trump's promise of mass deportations of undocumented immigrants, more than 200 immigration judges have been fired, forced out or retired, and are being replaced by what are advertised as "deportation judges."
1 dead after small plane crashes into Florida yard
One person was killed after a Cessna plane crashed into the yard of a home near Tampa, Florida, on Sunday morning.
Cleanup underway in Midwest after tornadoes leave path of damage, destruction
Communities across the Midwest were starting the cleanup process Saturday after multiple tornadoes touched down and severe weather struck areas from the Great Lakes to Texas.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
U.S.
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Canada's leader describes ties to U.S. as "weaknesses that we must correct"
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
Full transcript of "Face the Nation with Margaret Brennan," April 19, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.N. Ambassador Mike Waltz and former Attorney General Eric Holder join Margaret Brennan.
Mike Waltz says U.S. is "never going to take an approach of trust" with Iran
U.N. Ambassador Mike Waltz said Sunday that the U.S. is "never going to take an approach of trust" with Iran as U.S. officials are set to head to Islamabad for a second round of talks this week.
5 wounded in shooting near University of Iowa, including 3 students
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
8 children killed in mass shooting in Shreveport, Louisiana, police say
Eight children and teens were killed early Sunday in a mass shooting in Shreveport, Louisiana. The suspected shooter is also dead.
MoneyWatch
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Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Airlines cut routes in response to rising jet fuel costs amid Iran war
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Oil prices plummet after Iran says Strait of Hormuz is "completely open"
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Here's who is spending money on AI subscriptions, and how much they cost
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
Ford recalls nearly 1.4 million pickup trucks due to gearshift issue
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Politics
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Canada's leader describes ties to U.S. as "weaknesses that we must correct"
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
Full transcript of "Face the Nation with Margaret Brennan," April 19, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.N. Ambassador Mike Waltz and former Attorney General Eric Holder join Margaret Brennan.
Mike Waltz says U.S. is "never going to take an approach of trust" with Iran
U.N. Ambassador Mike Waltz said Sunday that the U.S. is "never going to take an approach of trust" with Iran as U.S. officials are set to head to Islamabad for a second round of talks this week.
Transcript: Former U.S. Attorney General Eric Holder on "Face the Nation with Margaret Brennan," April 19, 2026
The following is the transcript of the interview with Obama administration Attorney General Eric Holder that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
Transcript: Amos Hochstein on "Face the Nation with Margaret Brennan," April 19, 2026
The following is the transcript of the interview with Amos Hochstein, Biden administration senior energy adviser and Middle East negotiator, that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
HealthWatch
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New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
RFK Jr. defends proposed 12% health budget cut, measles response in House testimony
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
World
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Canada's leader describes ties to U.S. as "weaknesses that we must correct"
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
Transcript: Former U.S. Attorney General Eric Holder on "Face the Nation with Margaret Brennan," April 19, 2026
The following is the transcript of the interview with Obama administration Attorney General Eric Holder that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
Transcript: Amos Hochstein on "Face the Nation with Margaret Brennan," April 19, 2026
The following is the transcript of the interview with Amos Hochstein, Biden administration senior energy adviser and Middle East negotiator, that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
Transcript: U.N. Ambassador Mike Waltz on "Face the Nation with Margaret Brennan," April 19, 2026
The following is the transcript of the interview with Mike Waltz, U.S. ambassador to the United Nations, that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
Transcript: Former U.S. Surgeon General Jerome Adams on "Face the Nation with Margaret Brennan," April 19, 2026
The following is the transcript of the interview with first Trump administration surgeon general Dr. Jerome Adams that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
Entertainment
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Entertainment
4/19: Sunday Morning
Hosted by Jane Pauley. Featured: The purge of immigration judges; seeking accountability in trucking accidents; Don Cheadle and Ayo Edebiri on Broadway; portraitist Michael Shane Neal; the legacy of woodworker George Nakashima; an operatic car salesman; and Earth Day stories of advances in sustainability.
A portrait of portraitist Michael Shane Neal
Michael Shane Neal, perhaps America's greatest living portraitist, recently fulfilled a long-held ambition: to paint a living president. He talks with correspondent Martha Teichner about producing a portrait of former President Joe Biden. He also discusses "being in the zone" while painting a portrait; following in the footsteps of famed artists Everett Raymond Kinstler and John Singer Sargent; and becoming a TikTok fashion icon.
"Proof": Don Cheadle and Ayo Edebiri make their Broadway bows
The celebrated actors are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own.
Extended interview: Ayo Edebiri and Don Cheadle
In this web exclusive, actors Ayo Edebiri ("The Bear") and Don Cheadle ("Hotel Rwanda") talk with Tracy Smith about making their Broadway debuts in the revival of "Proof." They also discuss their love of live theater, and the early roles that inspired their passion for acting.
"Proof": Don Cheadle and Ayo Edebiri make their Broadway bows
Celebrated actors Don Cheadle and Ayo Edebiri are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own. Cheadle and Edebiri talk with Tracy Smith about exploring the dynamics of a parent-child relationship, and how their off-stage relationship helps them on-stage.
Technology
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Technology
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
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.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Can Allbirds take flight as an AI company?
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Science
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Science
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Breeding a better bread
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Crime
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Crime
Police give update on Louisiana mass shooting
Officials in Louisiana held a news conference after 10 people were shot in a domestic disturbance that left eight children dead. Corporal Chris Bordelon of the Shreveport Police Department, Mayor Tom Arceneaux and Chief Wayne Smith provided updates on Sunday afternoon.
5 wounded in shooting near University of Iowa, including 3 students
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
8 children killed in mass shooting in Shreveport, Louisiana, police say
Eight children and teens were killed early Sunday in a mass shooting in Shreveport, Louisiana. The suspected shooter is also dead.
Investigators team up to solve mystery of missing Iowa teen
After Jade Colvin, a missing Iowa teenager, is tracked to a remote farm, photos discovered on an old cellphone reveal important clues.
Over 1,000 bone fragments found in Mexico City ahead of World Cup
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Space
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Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
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
Officials speak after deadly Louisiana shooting
Eight children and teens were killed in a mass shooting in Shreveport, Louisiana, on Sunday, police said. The incident was described as "domestic in nature" by authorities.
4/19: Sunday Morning
Hosted by Jane Pauley. Featured: The purge of immigration judges; seeking accountability in trucking accidents; Don Cheadle and Ayo Edebiri on Broadway; portraitist Michael Shane Neal; the legacy of woodworker George Nakashima; an operatic car salesman; and Earth Day stories of advances in sustainability.
Police give update on Louisiana mass shooting
Officials in Louisiana held a news conference after 10 people were shot in a domestic disturbance that left eight children dead. Corporal Chris Bordelon of the Shreveport Police Department, Mayor Tom Arceneaux and Chief Wayne Smith provided updates on Sunday afternoon.
Iran's HEU | Sunday on 60 Minutes
It's believed Iran has enough highly enriched uranium to make at least 10 nuclear bombs. What would it take for the U.S. to secure it? Sunday, 60 Minutes reports on a past covert mission code-named Project Sapphire that could be a blueprint for a similar operation in Iran.
Biden energy adviser on Strait closure
Amos Hochstein, a Biden administration senior energy adviser, Middle East negotiator and current managing partner at the investment firm TWG Global, told "Face the Nation with Margaret Brennan" that "Iranians have a card they never had" in the war by closing the Strait of Hormuz.