Can't "out-budget" inflation? Here are things you can do
Rising prices feel impossible to manage when money is already tight. These tips might help.
Gas Prices
U.S. stocks fall as inflation, energy weigh on growth
Market turmoil continues with experts warning that fear of a recession could be a self-fulfilling prophecy.
Small business hit with back rent demands amid high inflation
"I needed $10,000 in 15 days," said décor shop owner in Texas who took out several loans in order to pay rent on time.
Bezos slams White House for telling gas stations to cut prices
The Amazon.com founder claims Biden is either relying on "misdirection or a deep misunderstanding of basic market dynamics."
Millions expected to travel Fourth of July
Approximately 48 million Americans are expected to travel 50 miles or more this Fourth of July holiday. But the high volume of travelers are being met with near-record high gas prices, long airport lines, flight delays and cancellations. Elise Preston has more.
Bracing for Fourth of July travel nightmare
The Fourth of July holiday weekend is expected to be a difficult one for travelers. The airline industry is struggling with a spike in flight cancellations and delays, while drivers face high gas prices. CBS News transportation correspondent Errol Barnett has more.
Investors suffered their worst first half of a year since 1970
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
Stocks fall as report reveals pullback in consumer spending
Investors are uneasy as signs point to possible recession caused by Fed interest rates hikes.
Key inflation gauge rose 6.3% in May, unchanged from April
Despite added jobs and higher wages "Americans are running faster just to stay even," said one economist.
Factors of gas prices
Lana Zak breaks down how gas prices are calculated including how much influence Russia's Ukraine invasion has actually had on what you pay at the pump.
Texans view state's economic growth as good but feel higher prices' pinch
Most Texans are having to drive less and cut back on spending.
What is the federal gas tax
Lana Zak breaks down what the federal gas tax actually funds and how much you could actually save if it is suspended.
Stocks fall as inflation fears continue to grip investors
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
6/13: CBS News Mornings
House Jan 6. committee holding second hearing; New Jersey gas tops $5 for first time
6/15: CBS News Mornings
Fed likely to announce interest rate hike; Texas lawmaker demands answers on police response.
Stocks jump, with Wall Street on track for rare winning week
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
High gas prices sting millions who rely on driving for work
"If you are the company that requires everyone to come in all the time, you're a pariah," said one employer.
Biden faces gas tax holiday roadblocks
President Joe Biden is hoping his proposed gas tax holiday would get prices on gas and diesel down. but he's getting pushback from both Republicans and Democrats. CNS News Senior White House and Political Correspondent Ed O'Keefe joins CBS News Mornings with more.
Biden proposes federal gas tax holiday
President Biden is calling on Congress to suspend the federal 18-cent federal gas tax and 24-cent federal diesel tax. CBS News chief White House correspondent Nancy Cordes reports.
Biden urges Congress to suspend gas tax for 3 months
President Biden called on Congress to halt the federal gas tax for three months as gas prices soar. But there's debate about whether it will actually help consumers. Nancy Cordes has the details.
Biden calls for three-month federal gas tax "holiday"
The idea, which would require the support of Congress, is already being met with skepticism.
Biden faces uphill battle on gas tax holiday
President Biden is urging Congress to pass his proposed three-month federal gas tax holiday. But lawmakers in his own party are skeptical it would help consumers. CBS News chief White House correspondent Nancy Cordes has the latest.
Stocks droop on Fed's commitment to "restore price stability"
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
President Biden calls for gas tax holiday
President Joe Biden is urging congress to pass a three-month federal gas tax holiday. However, some Democrats -- including former President Barack Obama -- have long criticized the idea. CBS News Senior White House and Political Correspondent Ed O'Keefe has more on why Biden is moving forward with this proposal.
Fed will keep raising interest rates as long as appropriate
Fed Chairman Jerome Powell acknowledged recession is possible but later said its likelihood is not "particularly elevated right now."
ICE officer shoots man in leg in Minneapolis after shovel attack, officials say
The shooting Wednesday night in north Minneapolis came after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
4 space station crewmates back on Earth after medical issue cut mission short
Crew 11 is splashed down off the coast of Southern California at 3:41 a.m. ET, closing out a 167-day stay in space.
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
Trump administration investigates 5 Democrats over their video to troops
Five congressional Democrats say they have received inquiries from the DOJ after they appeared in a video urging members of the military not to follow "illegal orders" — a move the lawmakers allege is political intimidation.
Senate GOP kills war powers effort to limit Trump on Venezuela, with Vance breaking tie
Two Republicans switched their votes after pressure from the White House.
What to know about Havana Syndrome and a device that might be linked to it
Years after the first reports of Havana Syndrome emerged, U.S. officials have obtained and are testing a device that could be linked to the debilitating condition.
Exclusive
ICE agent who shot Renee Good suffered internal bleeding, officials say
Jonathan Ross, who shot Renee Good in Minneapolis last week, suffered internal bleeding after the incident, two officials said, though it's not clear how extensive the bleeding was.
U.S. completes first sale of Venezuelan oil, valued at $500 million
The Trump administration has not yet disclosed many details about the deal.
Trump administration to suspend immigrant visas for nationals of 75 countries
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
U.S.
More U.S.
Part that broke in UPS cargo plane crash had failed 4 other times, NTSB says
Boeing warned plane owners in 2011 about a broken part that contributed to last year's UPS cargo plane crash that killed 15 people, but at that time the plane manufacturer didn't believe it threatened safety, the NTSB said.
Newsom blocks Louisiana from extraditing doctor accused of mailing abortion pills
California Gov. Gavin Newsom says he is blocking Louisiana's effort to extradite a California doctor accused of mailing abortion pills out of state.
Trump signs bill allowing whole milk to return to school lunches
Whole milk is heading back to school lunch cafeterias.
ICE officer shoots man in leg in Minneapolis after shovel attack, officials say
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Chicago mayor explains how he's tackling the city's life expectancy gap
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
MoneyWatch
More MoneyWatch
Bilt offers credit cards with 10% APR after Trump proposes interest cap
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Apple, Google face pressure to remove X and Grok from their app stores
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Verizon says outage resolved after customers lost service for hours
A Verizon spokesperson told CBS News that an outage that customers reported beginning around noon Eastern Time had been resolved.
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Chew on this: U.S. food prices are still up 19% since 2022
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
Politics
More Politics
ICE officer shoots man in leg in Minneapolis after shovel attack, officials say
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Chicago mayor explains how he's tackling the city's life expectancy gap
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
Trump administration investigates 5 Democrats over their video to troops
Five congressional Democrats say they have received inquiries from the DOJ after they appeared in a video urging members of the military not to follow "illegal orders" — a move the lawmakers allege is political intimidation.
What to know about Havana Syndrome and a device that might be linked to it
Years after the first reports of Havana Syndrome emerged, U.S. officials have obtained and are testing a device that could be linked to the debilitating condition.
Trump administration to suspend immigrant visas for nationals of 75 countries
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
HealthWatch
More HealthWatch
Chicago mayor explains how he's tackling the city's life expectancy gap
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
Recalled "super greens" supplement linked to dozens of salmonella cases, CDC says
Illnesses linked to the New York-based Live it Up Super Greens brand powder were reported in 21 states from Aug. 22 to Dec. 30, 2025.
Trump admin. cuts grants for mental health, addiction treatment programs
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
Wide variation found in funding for states' rural health proposals
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
ACA enrollment sinks sharply as coverage costs soar in 2026
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
World
More World
What to know about Havana Syndrome and a device that might be linked to it
Years after the first reports of Havana Syndrome emerged, U.S. officials have obtained and are testing a device that could be linked to the debilitating condition.
Iranian mom searched morgue, sifting through hundreds of bodies, to find her daughter
Rubina Aminian's mother forced her way into a morgue in search of her daughter, who her family says was shot in the head at close range.
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
U.S. says it's moving into next phase of Gaza peace plan, warns Hamas
Steve Witkoff said the U.S. expects Hamas to immediately return the final deceased hostage as part of its obligations under the deal.
Trump told Iranians help is coming, so what might it look like?
Experts tell CBS News what sort of options President Trump has to respond to Iran's brutal crackdown on protesters.
Entertainment
More Entertainment
Actor Timothy Busfield held without bond in New Mexico child sex abuse case
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
Stars of "Sinners" talk about movie
"Sinners" stars Michael B. Jordan, Miles Caton and Wunmi Mosaku talk to "CBS Mornings" about the movie's recent success at the Golden Globes, the atmosphere on set and what they learned through the process.
Ali Larter talks what's ahead in "Landman"
Actor Ali Larter plays Angela Harris, the ex-wife of an oilman played by Billy Bob Thornton in the Paramount+ series "Landman." She talks to "CBS Mornings" about the series, working with Thornton and how she landed her role.
Actor Timothy Busfield turns himself in following child sex abuse allegations
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
François Arnaud on "Heated Rivalry" series
Francois Arnaud joins "CBS Mornings" to talk about the popular series "Heated Rivalry," based on the "Game Changers" book series. It follows rising hockey stars Shane Hollander and Ilya Rozanov. What begins as a fling between two rivals turns into a yearslong journey of love, denial and self discovery. Arnaud plays Scott Hunter, a closeted gay professional hockey player in the same league who has fallen in love with a smoothie shop worker. He talks about the message in the series and how it developed into a hit show.
Technology
More Technology
Technology
Details on Verizon cell phone outage
A widespread Verizon outage hit the U.S. on Wednesday, leaving thousands of customers without service. CBS News' Karen Hua has more.
Apple, Google face pressure to remove X and Grok from their app stores
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
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.
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
"Are You Dead," viral Chinese app, changing its name
The Chinese mobile app "Are You Dead?" which sounds an alarm if a user doesn't check in every 48 hours, says it will drop its catchy name after it drew international media attention.
Science
More Science
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.
The history and mystery of kissing
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
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.
Crime
More Crime
ICE officer shoots man in leg in Minneapolis after shovel attack, officials say
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Actor Timothy Busfield held without bond in New Mexico child sex abuse case
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
Indicted Virginia coach still missing
The search continues in Virginia for a high school football coach charged with possessing child sexual assault material and using a computer to solicit a minor. CBS News breaking news correspondent Shanelle Kaul has the latest.
Au pair testifies in man's murder trial
A trial is underway in northern Virginia for a man accused of plotting his wife's murder with help from his affair partner - the family's au pair. The former au pair was the first witness called to testify against Brendan Banfield. Jericka Duncan reports on the case.
Doctors arrested after 9 newborns die at hospital in Russia
The case has provoked anger and bewilderment from Russian politicians.
Space
More Space
4 space station crewmates back on Earth after medical issue cut mission short
Four space station Crew 11 fliers splashed down off the Southern California coast at 3:41 a.m. ET, closing out a 167-day stay in space cut short by a medical issue.
Former NASA astronaut on ISS undocking
The members of SpaceX Crew-11 undocked from the International Space Station on Wednesday, beginning their journey back to Earth. The crew is leaving a month early after NASA announced that an unnamed team member experienced an undisclosed "medical concern." Clayton Anderson, a former NASA astronaut who spent time on the ISS, joins "The Daily Report" to discuss.
ISS astronauts prepare for early return
Crew-11 is preparing for an unprecedented early return to Earth over concerns for an astronaut's medical condition aboard the International Space Station. Mike Massimino, a former NASA astronaut and engineering professor at Columbia University, joins with more.
Former astronaut on ISS crew coming home early
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
Space station changes command, setting stage for Crew 11 departure
Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships.
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
Officials: Federal officer shoots man in leg
The Department of Homeland Security says a federal law enforcement officer shot a person in the leg on Wednesday night during an immigration operation in Minneapolis. Minnesota officials provided an update. Jessi Mitchell anchors this Special Report.
Details on Verizon cell phone outage
A widespread Verizon outage hit the U.S. on Wednesday, leaving thousands of customers without service. CBS News' Karen Hua has more.
Judge weighs law banning masks for ICE agents
Legal representation for the state of California and the federal government were in court on Wednesday over the Golden State's new law that bans federal agents from wearing face coverings during operations. CBS News correspondent Nidia Cavazos reports.
Next steps in Iran after Trump says killing stopped
President Trump says his administration has been notified that the killings and executions of anti-government protesters in Iran have stopped. CBS News Middle East reporter Courtney Kealy has more.
Chicago believes again as the Bears catch fire
It's a long winter in Chicago when the Bears are bad, but walk into any bar in the city, especially after last week's comeback win over the Packers, and the winter is gone. Tony Dokoupil has details.