Inflation rises at fastest rate since 1982
Consumer prices rose 6.8% in November compared to a year ago -- the biggest increase in 39 years. Carter Evans has more on how it's affecting Americans.
Federal Reserve
Economic uncertainty looms for Biden administration
President Biden traveled to Minnesota Tuesday to highlight aspects of his $1 trillion infrastructure plan. Mr. Biden's trip comes as concerns over the new COVID-19 variant, rising inflation and issues within the nation's supply chain threaten to derail his overall economic agenda. CBS News senior White House correspondent Weijia Jiang joins CBSN's Ed O'Keefe to discuss.
Powell warns Congress that inflation may keep rising next year
He tells Senate panel that the new COVID-19 variant could have an impact on economic activity and inflation.
Biden nominates Powell to remain as Fed chair
President Biden nominated Federal Reserve Chair Jerome Powell to a second term. Plus, Democrats hope to boost their midterms chances with legislative successes. CBS News senior white house and political correspondent Ed O'Keefe, Washington Post deputy Washington editor Natalie Jennings and Politico national political correspondent David Siders join CBSN's "Red & Blue" anchor Elaine Quijano with the latest.
Poll: Inflation hurting Biden job approval
A CBS News poll shows just 33% of Americans approve of President Biden's handling of inflation, with only 44% approving of the job he is doing overall. As CBS News' Skyler Henry reports, Mr. Biden is hoping to build economic stability by reappointing Jerome Powell for another term as Federal Reserve chairman. Alex Gangitano, a White House correspondent for The Hill, joins CBSN's Elaine Quijano to discuss how the economy could shape the future of Biden's presidency.
The impact of Biden's agenda on inflation
Some economists say fears about the impact president Biden's economic agenda could have on inflation are overblown. CBS News MoneyWatch reporter Aimee Picchi joins CBSN to discuss more.
Biden looks to tackle supply chain backlog
President Biden visited the Port of Baltimore to explain how his infrastructure plan can fix supply chain issues. Weijia Jiang has more.
Biden's agenda is more popular than he is
Surveys show President Biden's infrastructure, social and climate spending plans are more popular than the president himself. Plus, the White House addresses inflation head-on. Washington Examiner political and investigative reporter Sarah Westwood and Wall Street Journal White House reporter Catherine Lucey join CBSN's "Red & Blue" anchor Elaine Quijano with more.
U.S. inflation hits 30-year high
Last month, prices increased at the fastest pace in more than 30 years as companies struggle with supply chain issues and a labor shortage. Americans are now paying more for homes, food, fuel, medical care and many other goods and services. Anna Werner takes a look.
Fed to keep interest rates near zero
Last week, the Federal Reserve voted to keep interest rates near zero as inflation rises to the highest point in 30 years. The central bank will also dwindle its buying of billions of dollars a stocks a month, which began during the pandemic. Senior vice president and director of research for the committee of economic development Joe Menarik joins Lana Zak on CBSN to discuss.
Why inflation may no longer be considered "transitory"
The Federal Reserve describes higher inflation as fleeting, but economists expect it to stick around into 2022.
Fed to start removing support for economy as inflation surges
The central bank said it will start reducing its $120 billion in monthly bond purchases in the coming weeks.
Federal Reserve cracks down on how its officials invest
New restrictions follows resignation of two Fed bank presidents amid ethics questions over their stock market trades.
6/16/20: Red and Blue
Senate holds hearing on police reforms; Virginia Rep. Riggleman loses Republican primary.
U.S. workers on life after COVID layoffs
The Federal Reserve Bank of St. Louis estimates that about 47 million workers could lose their jobs as companies affected by the coronavirus cut staff. Tony Dokoupil speaks to American workers who have been cut from their jobs, many who say they are not surprised by their job loss but still need to find a way to pay their bills.
San Francisco Fed president on Delta variant vs. economy
San Francisco Federal Reserve Bank president Mary Daly said the U.S. is still seeing in the economy "the pain of COVID, and the pain of the Delta variant impact the labor market."
10/30/19: CBSN Evening News
Powerful winds fuel devastating wildfires; Green Beret awarded Presidential Medal of Honor.
9/18/19: Red and Blue
Trump announces increased sanctions on Iran; Going inside the Washington Monument.
7/31/19: CBSN Evening News
Progressives and moderates face off in Detroit; Family of John Dillinger to exhume his body.
Congress nears short-term deal on debt limit
Senate Minority Leader Mitch McConnell offered a concession to Democrats, saying Republicans would let them raise the debt ceiling. Nancy Cordes has the latest.
U.S. at risk of reaching debt limit
Lawmakers remain deadlocked over raising the debt ceiling, but default could affect millions of Americans and the global economy. Brian Cheung, who reports on Federal Reserve, economics and banking for Yahoo Finance, joins CBSN AM to discuss what could happen if legislation isn't passed.
Dallas Fed chief to step down following trading disclosure
The heads of two regional Fed banks are resigning after watchdogs raised questions about their stock trading.
Fed ready to start reeling in stimulus as U.S. economy heals
Economic recovery remains on course despite surge in COVID-19 cases, according to U.S. central bank.
Stocks plummet over Chinese real estate woes
Wall Street had its worst day since May amid fears that a Chinese real estate company could default, and that the Federal Reserve could begin ending stimulus measures it enacted during the pandemic.
Progressives call on Biden to replace Powell as Federal Reserve chair
They say he hasn't done enough to address the effects of climate change on the financial system and has weakened regulations.
Live
Federal agents kill another person in Minneapolis, officials say
The shooting happened less than three weeks after an ICE officer fatally shot Renee Good in Minneapolis.
Latest forecast maps show fresh predictions for winter storm
As millions of Americans hunker down for the winter storm, 17 states and Washington, D.C., have declared states of emergency.
Trump threatens Canada with 100% tariffs over its new China trade deal
President Trump on Saturday threatened to impose a 100% tariff on goods imported from Canada if America's northern neighbor went ahead with its trade deal with China.
What we know about latest shooting by federal agents in Minneapolis
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection, a U.S. official with knowledge of the incident told CBS News.
Flights canceled, states of emergency declared as winter storm bears down
More than 200 million people are under winter storm threats as officials brace for power outages and travel difficulties.
Iran's Revolutionary Guard warns U.S. as warships head toward Middle East
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Peace talks end constructively, Ukraine's Zelenskyy says, with more possible
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
How much snow are you getting this weekend? See the forecast.
A winter storm is forecast to dump up to 24 inches of snow in some places this weekend, and many are wondering: How much snow are we actually getting?
Australian boy dies days after being bitten by shark in Sydney Harbor
The Sydney shark attack that killed Nico Antic was one of four recorded in the span of two days.
U.S.
More U.S.
What we know about latest shooting by federal agents in Minneapolis
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection, a U.S. official with knowledge of the incident told CBS News.
Flights canceled, states of emergency declared as winter storm bears down
More than 200 million people are under winter storm threats as officials brace for power outages and travel difficulties.
Latest forecast maps show fresh predictions for winter storm
As millions of Americans hunker down for the winter storm, 17 states and Washington, D.C., have declared states of emergency.
Where to watch UFC 324 live tonight to see Paddy Pimblett vs. Justin Gaethje and more fighters show down
UFC 324 features a stacked fight card. Here's the schedule, time and information on where to watch the UFC event.
Officer comes to the rescue of woman sleeping in cemetery, finds her a home
When a 55-year-old woman lost her job and got evicted, she took up residence at the only place she felt she owned, her husband's grave.
MoneyWatch
More MoneyWatch
Here's what it takes to achieve an 800 credit score
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
How to heat your home safely as fierce winter storm grips the U.S.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Tesla Cybertruck sales plunged 48% in in 2025
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Politics
More Politics
Iran's Revolutionary Guard warns U.S. as warships head toward Middle East
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Trump threatens Canada with 100% tariffs over its new China trade deal
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Minnesota AG Keith Ellison accuses White House of "politics and retribution"
Minnesota Attorney General Keith Ellison said he has seen "no evidence" of a federal investigation into the fatal shooting of Renee Good by an ICE officer earlier this month.
Epstein's inner circle subpoenaed to testify before House Oversight Committee
Jeffrey Epstein's lawyer, accountant and billionaire benefactor were issued subpoenas to testify before the committee in February and March.
FBI agent in Minneapolis involved in Renee Good probe resigns
Tracee Mergen, whose FBI squad was involved in the Renee Good investigation and probes into public benefits fraud in Minnesota, resigned last week, sources said.
HealthWatch
More HealthWatch
Heart failure threatened her pregnancy. A first-of-its-kind procedure saved it.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
World
More World
Peace talks end constructively, Ukraine's Zelenskyy says, with more possible
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
Iran's Revolutionary Guard warns U.S. as warships head toward Middle East
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Trump threatens Canada with 100% tariffs over its new China trade deal
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Australian boy dies days after being bitten by shark in Sydney Harbor
The Sydney shark attack that killed Nico Antic was one of four recorded in the span of two days.
U.S. carries out 35th strike on alleged drug boat, first since Maduro capture
It's the 35th strike on alleged drug-smuggling boats since early September 2025, and the first since the U.S captured former Venezuelan President Nicolás Maduro.
Entertainment
More Entertainment
Entertainment
Lily Fitts performs "Beat Me To It"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Beat Me To It."
Lily Fitts performs "Brown Eyed Baby"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Brown Eyed Baby."
Lily Fitts performs "Lose You Now"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Lose You Now."
Madison Beer opens up about music journey
Madison Beer says music has always been her escape since she started writing songs at just 6 years old. But the 26-year-old has had to navigate ups and downs in her journey to stardom. Anthony Mason reports.
"Sinners" breaks Oscar nominations record
"Sinners" set an all-time record for the most Oscar nominations with 16, including for best picture. Not far behind is "One Battle After Another" with 13 nominations. Meanwhile, "Wicked: For Good" received zero nominations, even in categories where the first "Wicked" movie won just last year.
Technology
More Technology
Microsoft says outage affecting several services has been resolved
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul 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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
More Science
Science
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
Crime
More Crime
Crime
Officials on 5-year-old boy detained by ICE
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
Jury selection date set in Mangione trial
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
New video shows Ryan Wedding in FBI custody
CBS News has obtained video of the moment FBI agents escorted former Olympic snowboarder and accused drug kingpin Ryan Wedding off a plane in California. CBS News' Anna Schecter has the details.
5-year-old Liam Ramos detained by ICE
Five-year-old Liam Ramos is now being held at an ICE detention facility in Texas, CBS News' Camilo Montoya-Galvez reports. Here's what we know about the case.
Ryan Wedding arrested, officials say
Ryan Wedding, the former Olympic snowboarder who allegedly became a drug kingpin and is accused of orchestrating multiple murders, has been arrested, FBI Director Kash Patel announced on Friday. CBS News' Anna Shecter reports.
Space
More Space
Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Federal agents fatally shoot another person
Federal agents in Minneapolis shot and killed another person on Saturday, officials say. CBS News Minnesota has the latest.
Previewing UFC 324
Justin Gaethje is taking on Paddy Pimblett in Las Vegas on Saturday for UFC 324. "CBS Saturday Morning" previews the event, which will be live on Paramount+.
Lily Fitts performs "Beat Me To It"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Beat Me To It."
Lily Fitts performs "Brown Eyed Baby"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Brown Eyed Baby."
Lily Fitts performs "Lose You Now"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Lose You Now."