Latest GDP figure eases concern about imminent U.S. recession
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
Gas Prices
Stocks fall sharply amid renewed inflation fears
S&P 500 suffers its biggest drop since June as investors fret over the Fed's effort to tame inflation.
U.K. inflation tops 10% on soaring food and energy costs
Britain's inflation rate soared to a new 40-year high, squeezing households. Economists expect it to get worse.
Target's profit craters after it cut prices to clear inventory
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
Walmart reports better-than-expected Q2 as Americans cut costs
The company is cutting prices to get rid of excess inventory after a huge shift in how Americans spend.
U.S. stocks up as investors focus on economy ahead of retail data
Walmart and Home Depot kick off a host of retail earnings reports on Tuesday, followed by Lowe's and Target.
U.S. stocks fly high, as S&P 500 ends 4th straight week of gains
Some investors believe inflation may have peaked, allowing Federal Reserve to be less aggressive with hikes.
Gas prices drop under $4 average
According to AAA, the national average price for a gallon of gas has dropped to $3.99. CBS News transportation correspondent Errol Barnett joins Carter Evans to discuss the latest.
Gas prices fall below $4 for first time since March
The average price for a gallon of regular gas fell below $4 for the first time in five months, according to AAA. The relief comes from an increase in global oil supply and a decrease in fuel demand. Errol Barnett takes a look.
Gas prices drop below $4 a gallon for first time since early March
Declining oil prices and somewhat lower demand for gas since motorists have been driving a little less have combined to give Americans some relief at the pump.
Prices dropping across the U.S.
The national average gas price has dropped to below $4. Plus, wholesale prices dropped in July for the first time since April 2020. Jaime Quiros, senior portfolio manager at FBB Capital Partners, joins CBS News to discuss what these reports mean for the state of the economy.
Food costs hit highest inflation level in 40 years
Despite inflation slowing down in July, food prices are rising to levels not seen in more than 40 years. Yahoo Finance reporter Alexandra Semenova joins "CBS News Mornings" to discuss the latest.
Investors cheered by another sign U.S. inflation is easing
Economy is "experiencing a healthy deceleration, not a recession," Goldman Sachs analyst says.
U.S. stocks soar to 3-month high as inflation falls in July
Latest inflation data bolsters hopes that consumer prices have peaked and that the Fed can temper interest rate hikes.
MoneyWatch: Signs inflation is slowing
July's Consumer Price Index report showed a 8.5% annual inflation rate, down from 9.1% in June, which was the highest in over 40 years. The Wall Street Journal's Akani Otani joins CBS News with more on the economic impact.
Inflation rate declines a bit as gas prices drop
The annual inflation rate was 8.5% in July, a slight dip from the four-decade high of 9.1% in June. CBS News reporter Sarah Ewall-Wice breaks down what this means for American consumers.
Inflation rate down from 40-year high
The Consumer Price Index rose to 8.5% in the month of July, bringing inflation down from its 40-year high. Gas prices are falling, but the cost of food and rent are still increasing. Lori Bettinger, president of BancAlliance and the former director of the U.S. Treasury's Troubled Asset Relief Program, joined CBS News to discuss what this data means for the economy.
Drivers could soon see average gas prices hit $3.99 per gallon
Drivers have been cutting their miles traveled since March in response to high prices at the pump, one survey shows.
Parliamentarian alters drug plan in Inflation Reduction Act before Senate vote
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
Stocks dip after strong jobs report offers mixed news for investors
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
Gas prices continue to fall
Gas prices are continuing to decline from record highs earlier this summer. Laura Sanicola, a reporter covering energy, refining and renewables for Reuters, joins CBS News to discuss the reasons behind the price drop.
U.S. gas prices fall for 7 straight weeks
The cost of a gallon of gas continues to fall in the U.S. Ellen Wald, senior fellow at the Atlantic Council's Global Energy Center, joins "CBS News Mornings" to discuss what's helping ease the pain at the pump.
Why gasoline prices have dropped for 7 straight weeks
Drivers are paying about $1 less per gallon than they did in June. The reason for that could hint at trouble ahead.
Biden's big week despite COVID isolation
CBS News Radio White House correspondent Steven Portnoy joined Nikki Batiste and Lana Zak to talk about the response out of Washington regarding China's military exercises near Taiwan, President Biden's latest executive order expanding abortion access and what many are considering a successful week for the administration.
Diesel fuel prices impacting trucking industry
As diesel prices sit near all-time highs, the rising cost is having a ripple effect on the economy. Michael Nicholson, co-owner of moving and storage company The Moving Squad, joined CBS News' Nikki Battiste to discuss the effects of inflation on his bottom line.
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
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.
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.
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.
U.S. completes first sale of Venezuelan oil, valued at $500 million
The Trump administration has not yet disclosed many details about the deal.
Chicago mayor on 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 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.
"Fundamental" differences remain over Greenland's future, Denmark says after U.S. meeting
After the meeting, Denmark's foreign minister said they're eager to work with the U.S. while respecting the "red lines of the Kingdom of Denmark."
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.
U.S.
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Trump signs bill allowing whole milk to return to school lunches
Whole milk is heading back to school lunch cafeterias.
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.
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.
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.
Why Chicago's "death gap" has existed on the West Side for decades
The life expectancy for residents of The Loop is 87.3 years, according to numbers from the Chicago Department of Public Health. For West Garfield Park, it is 66.6 years.
MoneyWatch
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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 customers report phone service outages across U.S.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
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
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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.
U.S. completes first sale of Venezuelan oil, valued at $500 million
The Trump administration has not yet disclosed many details about the deal.
HealthWatch
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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
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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
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Timothy Busfield makes court appearance in 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
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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
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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
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Timothy Busfield makes court appearance in 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.
Man plotted murder to "get rid of" his wife after affair, au pair testifies
Brendan Banfield is charged with murder in the 2023 killings of Christine Banfield and Joseph Ryan at the Banfields' home in northern Virginia.
Space
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Astronauts head home early after medical issue
Crew 11 is expected to splash down off the coast of Southern California at 3:41 a.m. ET, closing out a 167-day stay in space.
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
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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
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.
Chicago mayor on life expectancy disparities
In an interview with "CBS Evening News" anchor, Chicago Mayor Brandon Johnson discusses what's driving disparities between different areas of the city, and what officials are doing to address them.