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
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.
Surging gas prices increase other costs
Rising gas prices are causing a ripple effect across the U.S. economy, raising shipping and transportation costs as well. Harrison Fell, economist and senior research scholar at Columbia University's Center on Global Energy Policy, joined CBS News' Enrique Acevedo to discuss.
Stocks fall as House Speaker Nancy Pelosi lands in Taiwan
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
Job openings fall as the U.S. economy shrinks
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
Biden may tap oil reserve, eyeing gas prices
President Biden is expected to order the release of up to 1 million barrels of oil a day from the nation's strategic petroleum reserve in a bid to lower gas prices. Russian forces keep pounding Ukraine in areas where Moscow pledged to scale back. And the Hubble telescope has discovered a blue, supergiant star that’s the farther from Earth than any star ever spotted.
Gas prices on the rise
The average price of gas is more than $4 for the first time since 2008, pushed up by Russia's invasion of Ukraine and economic sanctions imposed on Russia by the U.S. and its allies. Robert Sinclair, senior manager of public affairs at AAA, joins CBS News' Jim Axelrod and Tanya Rivero to break down the rising prices and what American's can expect.
Possibility of economic recession looms
The possibility of a recession is looming large, as the Federal Reserve raises interest rates in the hopes of driving down inflation. President Joe Biden's critics argue he's not doing enough to address the issue and say rate hikes could cause more economic turmoil. Rick Newman, senior columnist with Yahoo Finance, joined CBS News to discuss some ways to lower consumer costs and prevent an economic downturn.
Marjorie Taylor Greene says Trump policies are not America First
The relationship between Rep. Marjorie Taylor Greene, one of President Trump's most loyal backers, soured over the Epstein files and disagreements over MAGA policies.
Controversial appointee rocks FDA like "an atom bomb," scientists there say
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
Himes says Pete Hegseth has "zero credibility" on boat strikes
Rep. Jim Himes, the top Democrat on the House Intelligence Committee, said that it's "really important" that video of the strikes "be made public."
Omar: Any link between alleged Somali fraud and terrorism would be a "failure of the FBI"
Rep. Ilhan Omar told "Face the Nation with Margaret Brennan" that if allegations of a connection between tax dollars and terrorism are true, "that is a failure of the FBI and our court system."
Exclusive
Beshear takes on national role as Dems eye governors to get to the White House
Kentucky Gov. Andy Beshear is leading the Democratic Governors Association for the 2026 midterms, with fellow potential presidential candidate Michigan Gov. Gretchen Whitmer handling a vice chair post.
"Family of Spies": Christine Kuehn discovers her grandfather's Nazi past
In 1994 Christine Kuehn received a letter that revealed a family history from which her father had tried to shield her: Christine's grandfather, Otto, was a Nazi spy who was the only person tried and convicted for the bombing of Pearl Harbor.
Jurors in sandwich thrower case talk about their deliberations
Sean Dunn, who threw a "submarine-style sandwich" at a CBP officer in downtown D.C. in July was found not guilty of misdemeanor assault in November.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Trump slams Rep. Cuellar for running again as a Democrat after pardon
President Trump took aim at Rep. Henry Cuellar, a Democratic congressman from Texas whom he recently pardoned, in a Truth Social post.
U.S.
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Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
Omar: Any link between alleged Somali fraud and terrorism would be a "failure of the FBI"
Rep. Ilhan Omar told "Face the Nation with Margaret Brennan" that if allegations of a connection between tax dollars and terrorism are true, "that is a failure of the FBI and our court system."
Trump slams Rep. Cuellar for running again as a Democrat after pardon
President Trump took aim at Rep. Henry Cuellar, a Democratic congressman from Texas whom he recently pardoned, in a Truth Social post.
MoneyWatch
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Trump's new H1-B visa fees could leave rural health care as collateral damage
Dozens of health care organizations have asked the Trump administration to shield the doctors, nurses, and techs they need to fill shortages from a $100,000 visa fee for skilled foreign workers.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
210,000 power banks sold on Amazon recalled over fire and burn risks
The recall involves INIU 100,000mAh portable power banks, model BI-B41that were sold on Amazon between August 2021 and April 2022, the recall notice says.
2025 holiday gift ideas from Techno Claus
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus (a.k.a. David Pogue)! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
For Gen Zers, finding work after college is often a painful slog
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Politics
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Exclusive
Beshear takes on national role as Dems eye governors to get to the White House
Kentucky Gov. Andy Beshear is leading the Democratic Governors Association for the 2026 midterms, with fellow potential presidential candidate Michigan Gov. Gretchen Whitmer handling a vice chair post.
Trump's new H1-B visa fees could leave rural health care as collateral damage
Dozens of health care organizations have asked the Trump administration to shield the doctors, nurses, and techs they need to fill shortages from a $100,000 visa fee for skilled foreign workers.
Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Jurors in sandwich thrower case talk about their deliberations
Sean Dunn, who threw a "submarine-style sandwich" at a CBP officer in downtown D.C. in July was found not guilty of misdemeanor assault in November.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
HealthWatch
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Controversial appointee rocks FDA like "an atom bomb," scientists there say
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
California warns against foraging mushrooms after cluster of poisonings, 1 death
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Artist who fought for diagnosis turns incurable cancer journey into art
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
CDC panel votes to stop recommending birth dose of hepatitis B vaccine
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
Could pets be next for weight loss drugs? Here's what to know about a study.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
World
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Leak at Louvre Museum damaged hundreds of works after jewel heist
Weeks after the brazen robbery of crown jewels, Paris' Louvre saw hundreds of works in its Egypt section damaged by water from a leaky old heating system.
Car bomb kills 5 people, including 3 officers, in front of police station
The explosion was so powerful that human remains were scattered throughout the area, police said.
Thailand launches airstrikes along border with Cambodia as ceasefire falters
Thailand launched airstrikes along the disputed border with Cambodia on Monday as both sides accused the other of attacking first.
Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Indonesian zoo releases photos of the first panda cub born in the country
A zoo on Java island has released photos of Indonesia's first locally born giant panda cub.
Entertainment
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Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Book excerpt: "The Colonel and the King" by Peter Guralnick
Elvis Presley biographer Peter Guralnick's latest book traces the relationship between the King and Colonel Tom Parker, a manager whose marketing savvy helped launch a rock 'n' roll revolution.
Author Jan Karon on returning to Mitford: "I know that we don't have forever anymore"
The bestselling author had said she would no longer write novels set in the make-believe mountain village of Mitford. After the death of her daughter, she wrote through her grief – which led to her 15th Mitford book, "My Beloved."
Author Jan Karon on returning to Mitford
Novelist Jan Karon has written 25 bestsellers, including 15 about a make-believe mountain village, Mitford – stories in which the humanity of her characters is evoked in what she calls "a place of refuge." Karon talks with Faith Salie about discovering her voice as a writer at a very young age; the comforting qualities of her stories; and how the death of her daughter, Candace, led to her latest Mitford book, "My Beloved."
Extended interview: Ethan Hawke
In this web exclusive, actor Ethan Hawke talks with Tracy Smith about his first experiences with Broadway. He also discusses his films "Explorers," "Dead Poets Society," "Reality Bites," "Training Day," and his latest, "Blue Moon," Leonardo DiCaprio's success, and his obsession with Jack Nicholson's performance in "One Flew Over the Cuckoo's Nest."
Technology
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Technology
2025 holiday gift ideas from Techno Claus
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
There's a new face in Hollywood, generated by AI
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
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.
There's a new face in Hollywood, generated by AI
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. Jo Ling Kent talks with Tilly's creator, Eline Van der Velden, about her goal of producing "the Scarlett Johansson of the AI genre." Kent also talks with Kevin Reilly, CEO of Kartel ai, a Beverly Hills tech startup; and with SAG-AFTRA president Sean Astin, about the impact of AI on Hollywood and the actors' union.
Waymo says its cars are better at avoiding crashes
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
Science
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
More Crime
Car bomb kills 5 people, including 3 officers, in front of police station
The explosion was so powerful that human remains were scattered throughout the area, police said.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Teen's sister looks to TikTok to help solve 25-year-old murder mystery
With her posts and pleas on TikTok, Molly Bish's sister hopes she will generate new tips that will finally solve her sister's Massachusetts murder case and put an end to a painful decades-old mystery.
How did teen Danni Houchins die? Her family's search for the truth
For years, the death of 15-year-old Danielle "Danni" Houchins had been shrouded in mystery. Montana investigators initially said it could have been a tragic accident, but her family always suspected something more sinister.
20,000-pound cocaine seizure by Coast Guard breaks 18-year-old record
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
Space
More Space
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Air Force approves SpaceX launch pad expansion
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
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.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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
WWII vet may be last to see Japan's surrender
John Lauritsen reports on Del Thielke, thought to be the last person alive who was present on the USS Missouri when Japan signed its Instrument of Surrender, ending World War II.
Wild horse prison program ending in Colorado
The end is near for a decades-long program that allowed incarcerated men in Colorado the chance to care for mustangs rounded up by the Bureau of Land Management. Kati Weis has more.
Debt levels growing amid holiday shopping
Economists say holiday spending is growing over last year, but at a slower pace. Americans are facing higher prices without seeing more in their paychecks and that's leading to tough decisions at the register. Lisa Rozner has more.
Bethlehem lights up 65-foot Christmas tree
The fragile ceasefire in Gaza has meant a return to some normalcy in the Israeli-occupied West Bank. Imtiaz Tyab reports from the city of Bethlehem.
Russia praises Trump's national security plan
Russia is welcoming President Trump's new U.S. national security strategy, calling it largely consistent with Moscow's "vision." Leigh Kiniry reports.