PCE report shows core inflation picked up last month. What to know.
A closely watched measure of inflation shows that prices excluding fuel and food ticked up in February. Here's what to know.
Inflation
Poll: Economic outlook grows more pessimistic
A new CBS News poll finds that Americans' economic outlook has grown slightly more pessimistic in the past month. High prices are weighing on people, with most saying they're on the rise. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
Trump threatens Venezuelan oil importers
President Trump said the U.S. will place a 25% tariff on imports from all countries that buy oil or gas from Venezuela. According to Rystad Energy, a research and consulting firm, China and the U.S. have been the top buyers of Venezuelan oil in recent months. CBS News contributor Javier David has more on what this means.
Red Lobster seeks to adjust to a changing economy
Red Lobster CEO Damola Adamolekun took over last September, shortly after the chain closed many locations and filed for bankruptcy.
The challenges facing casual dining restaurants
Red Lobster is among more than a dozen casual dining chains that filed for bankruptcy in 2024. Now, its new CEO is attempting to reinvigorate and reinvent it in a challenging economic climate. Elise Preston reports.
Fed Chair on consumer sentiment
As expected, the Federal Reserve has held interest rates steady, while indicating that cuts are likely later this year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Fed leaves rates unchanged, outlook uncertain
The Federal Reserve chose not to lower interest rates Wednesday, as Chair Jerome Powell admitted the economic outlook was uncertain. He indicated that even though inflation was expected to inch up in response to President Trump's tariffs, the Fed is still forecasting two rate cuts this year. Kelly O'Grady explains.
Powell paints picture of economic uncertainty
The Federal Reserve left interest rates unchanged Wednesday as uncertainty about the U.S. economy grows. CBS News MoneyWatch correspondent Kelly O'Grady unpacks Fed Chair Jerome Powell's comments on the decision. Then, Donna Ginther, distinguished professor of economics at the University of Kansas, joins with analysis.
Powell: Tariffs may delay inflation progress
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
Fed expected to keep interest rates the same
The Federal Reserve will meet Wednesday to make its second interest rate decision of the year with economists predicting rates will be held steady. CBS News business analyst Jill Schlesinger has more.
How economists spot recessions, stagflation
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in spending which has some economists warning that the U.S. could face a possible recession. CBS News MoneyWatch correspondent Kelly O'Grady has more on recession risk signs.
Stock market kicks off week in the green
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
Stocks sink sharply as investors fret over volley of tariffs
U.S. stocks continue to flail as investors grapple with impact of Trump administration trade war and signs of economic slowdown.
Here's what latest CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly O'Grady explains.
Unpacking slight February inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to examine what that means for price relief for Americans.
Is the new inflation data a good sign?
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.
Egg prices shot up 15% in January as retailers limit customer purchases
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.
Data shows inflation slowed in February
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady and Natalie Brand report.
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
Inflation rises by 2.8% in February
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Key inflation data about to be released. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.
Lutnick: "Let the dealmaker make his deals"
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with Commerce Secretary Howard Lutnick to discuss the stock swings, inflation and risks of a recession.
Explaining stock markets' dramatic sell-off
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all Canadian steel and aluminum imports. CBS News' Kelly O'Grady and Zak Hudak break it down.
Live
Tehran threatens to retaliate after U.S. attacks vital Iranian oil hub
President Trump's comments came shortly after he said that the U.S. military had conducted "one of the most power bombing raids" on a vital Iranian oil hub.
How would escorting oil tankers through Strait of Hormuz work?
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Judge quashes subpoenas sent to Fed in DOJ criminal probe
A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office.
Hamas calls on Iran to stop "targeting neighboring countries"
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
Man charged with selling stolen firearm used in Old Dominion shooting
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
U.S. offers $10 million, chance to relocate for info on Iran's leaders
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
Russian strike on Kyiv region kills 4 people and wounds at least 15
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
New details emerge on attack at Michigan synagogue and suspect's history
The attacker rammed a vehicle into Temple Israel in West Bloomfield and opened fire, but he was the only one killed, law enforcement officials said.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
U.S.
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How a beloved resident has been embraced by his town for more than a half-century
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic resident, "Dave the Rave."
DOJ moves to drop charges against man who burned American flag outside White House
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Man charged with selling stolen firearm used in Old Dominion shooting
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
Trump announces Ric Grenell stepping aside as Kennedy Center president
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
MoneyWatch
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How would escorting oil tankers through Strait of Hormuz work?
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Chart shows what you're paying for when you buy a gallon of gas
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
High oil prices are boosting airfares. These tips could save you money.
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
These 2 bills would erase income taxes for millions of Americans
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Toyota recalls 550,000 Highlander SUVs because seats may fail to lock
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
Politics
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U.S. offers $10 million, chance to relocate for info on Iran's leaders
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
How would escorting oil tankers through Strait of Hormuz work?
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
DOJ moves to drop charges against man who burned American flag outside White House
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Trump announces Ric Grenell stepping aside as Kennedy Center president
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
Exclusive
Security detail requested for U.S. official who asked for Lisa Cook, Adam Schiff probes
A security detail has been requested from the federal health department's inspector general for top federal housing official Bill Pulte.
HealthWatch
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A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Disease once linked to mining hits workers in countertops industry
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
"I was fighting to survive": Patients still struggle with preauthorization hurdles
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
World
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Russian strike on Kyiv region kills 4 people and wounds at least 15
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
Police chase wild boar wandering in mall with blowgun, riot shields
The wild boar sparked a police response that drew in officers and veterinarians equipped with a tranquilizer gun, shields and even a blowgun.
Hamas calls on Iran to stop "targeting neighboring countries"
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
U.S. offers $10 million, chance to relocate for info on Iran's leaders
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
No injuries after explosion at Jewish school in Amsterdam, officials say
Amsterdam's mayor said police have CCTV footage of a person placing the explosive device against the school's exterior wall.
Entertainment
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Entertainment
Oscars 2026 predictions
Kat Rosenfield, a culture writer for the Free Press, joins "CBS Saturday Morning" to preview the 98th Academy Awards and discuss her new novel, "How to Survive in Woods." The Free Press is a Paramount publication.
Jay Buchanan performs "Deep Swimming"
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Deep Swimming."
Jay Buchanan performs "Sway"
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Sway."
Jay Buchanan performs "True Black"
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "True Black."
Oscars 2026: Behind the scenes with the best supporting actress nominees
Watch scenes from the performances nominated for best supporting actress at the 98th annual Academy Awards, as well as interviews with the nominees.
Technology
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Technology
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
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.
3 teens took part in a weeklong experiment to curb screen time. It worked.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
How Pentagon-Anthropic AI dispute escalated
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
Science
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Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
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Players Championship start delayed amid manhunt for murder suspect
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Judge in Charlie Kirk murder case makes ruling on media access
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
FBI: Synagogue attacker died by suicide
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials give update on synagogue attack
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
New details from Virginia, Michigan attacks
The U.S. is on high alert after two separate domestic attacks on Thursday: A shooting at Old Dominion University, and a car ramming at a Michigan synagogue. CBS News justice correspondent Scott MacFarlane has the latest details on the incidents.
Space
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Space
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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
Oscars 2026 predictions
Kat Rosenfield, a culture writer for the Free Press, joins "CBS Saturday Morning" to preview the 98th Academy Awards and discuss her new novel, "How to Survive in Woods." The Free Press is a Paramount publication.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
How to avoid tax season scams
"CBS Saturday Morning" offers tips for avoiding scams this tax season.
Qatar caught in crossfire of Iran war
Qatar, home to the largest U.S. military base in the Middle East, has been hit by Iranian retaliatory strikes amid the U.S.-Israeli war. Dr. Majed Mohammed Al-Ansari told CBS News' Imtiaz Tyab that the region needs "an end to this as soon as possible," warning, "a prolonged conflict in this region will have a profound impact" on the energy industry.
Judge says "no evidence" of Fed Chair crime
A federal judge blocked two grand jury subpoenas against Federal Reserve Chair Jerome Powell on Friday. Chief Judge James Boasberg wrote that "the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President."