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New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Biden touted his economic record during a speech on Tuesday, despite high prices being a key factor in President-elect Donald Trump's win. CBS News political correspondent Caitlin Huey-Burns has more.
A federal appeals court upheld a law Friday that would ban TikTok in the U.S. if the app's Chinese parent company, ByteDance, does not sell it. TikTok and ByteDance could still appeal the case to the Supreme Court. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the challenges of reaching a deal, with the law set to take effect on Jan. 19.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
President-elect Donald Trump says he will take executive action on day one to impose major tariffs on Canada, Mexico and China. So how will that impact costs for consumers? Mario Parker, Bloomberg News' managing editor of economy and government, joins "America Decides" to discuss.
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
Negative views toward the economy helped drive voters to the polls for the 2024 presidential election. According to a new CBS News poll, more Americans already feel better about the economy. CBS News executive director of elections and surveys Anthony Salvanto unpacks the numbers.
The American Farm Bureau Federation's annual survey found a difference between 2024 and 2023 Thanksgiving dinner prices. Business Insider senior personal finance reporter Jennifer Streaks discusses the cost changes and how to find meal deals.
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
Americans are bracing for President-elect Donald Trump's proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O'Grady looks at the potential economic impact. Then, small business owner Andy Gossett joins to discuss what the tariffs would mean for his outdoor sporting goods company.
Inflation affects all areas of American life from grocery shopping to choosing where to live. A survey found that 37% of Americans are even neglecting their social lives due to high prices. Lifestyle expert Maureen Petrosky joins CBS News to discuss.
A day after the CPI report revealed a rise in inflation for October, the producer price index is showing a similar increase for wholesale goods. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
As inflation nears the government's two percent target, food prices continue to rise while energy costs decline. Jill Schlesinger explains what these changes mean for consumers.
The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on what it means for consumers.
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
The consumer price index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September's 2.4%. The uptick means the Federal Reserve's 2% target rate is further out of reach. Kelly O'Grady reports.
if a rise in inflation becomes a trend it could affect the Federal Reserve's quest to reach its target rates and keep the economy healthy. CBS News' Kelly O'Grady has more on the new data.
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
President-elect Donald Trump's victory clears the way for him to deliver on his campaign promises to dismantle many of President Biden's marquee climate policies. CBS News national environment correspondent David Schechter joins to examine what U.S. climate policy could look like under Trump.
Voters consistently list the economy as one of the top issues that drove them to the polls. CBS News contributor J.D. Durkin breaks down President-elect Donald Trump's economic proposals and what they mean for Americans' finances.
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.
President Biden promised an orderly transition to a second Trump administration in a message to Democrats on Thursday as Republicans prepare to take control of Washington, D.C. CBS News chief White House correspondent Nancy Cordes reports. Then, Peggy Collins, Bloomberg's Washington bureau chief, and Deepa Shivram, White House correspondent for NPR, join "America Decides" to discuss.
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
The Oakland County Sheriff's Office says law enforcement is responding to an "active shooter situation" at Temple Israel in West Bloomfield.
A shooter was killed after opening fire in a building on the campus of Old Dominion University in Norfolk, Virginia, the university said.
The Senate is voting again on a measure to fund the Department of Homeland Security as an impasse over how to reform immigration enforcement agencies has grown ugly, nearly a month into a partial shutdown.
Iranian state media say the country's new Supreme Leader Mojtaba Khamenei, in his first public statement, has called for the Strait of Hormuz to remain shut.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
The U.S. and Israel had a "flawed assumption" that the death of Supreme Leader Ayatollah Ali Khamenei would lead to the collapse of the regime, said an expert on the region.
The report raised questions about what took place after the shooting, which left Dyshan Best bleeding with fatal injuries.
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Plaintiffs claim that David Protein bars contain "way more" calories and fat than what's displayed on the label.
The Senate approved a package of bills aimed at lowering housing costs, the most sweeping housing legislation in decades and a rare point of bipartisan consensus in an election year, with the issue of affordability top of mind for many voters.
A shooter was killed after opening fire in a building on the campus of Old Dominion University in Norfolk, Virginia, the university said.
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Plaintiffs claim that David Protein bars contain "way more" calories and fat than what's displayed on the label.
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
As pennies begin to disappear, states are grappling with a "rounding" problem for cash purchases that would have included them in the past.
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.
The Senate approved a package of bills aimed at lowering housing costs, the most sweeping housing legislation in decades and a rare point of bipartisan consensus in an election year, with the issue of affordability top of mind for many voters.
More than 300 TSA officers have quit since the partial government shutdown began last month, according to agency statistics obtained by CBS News.
Democratic Rep. Jim Clyburn of South Carolina announced Thursday he will seek an 18th term in Congress.
The U.S. Treasury Department on Thursday sanctioned six individuals and two companies accused of aiding North Korea in running a global scheme using remote IT workers to fund their weapons program.
The first week of the U.S.'s war with Iran cost around $11.3 billion, military officials told members of Congress in a briefing this week, according to sources familiar with the meeting.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Iranian state media say the country's new Supreme Leader Mojtaba Khamenei, in his first public statement, has called for the Strait of Hormuz to remain shut.
CBS News journalists offer international perspectives from leaders and citizens in a number of countries as the Iran war nears the two-week mark.
Oksana Masters said she was shocked to win her 22nd Paralympic Medal in Milan.
The pipe, with a diameter of 11.5 feet, towered as high as 42 feet at one point, according to the Osaka construction department.
The strike appears to have come without warning, and shows that Iran and its proxies can target ships even without mining the Strait of Hormuz.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
John Grisham, who has written 52 bestsellers, reveals the name of his new novel on "CBS Mornings" and talks about how writing about espionage compares to his legal thrillers.
The fourth contestant eliminated from "Survivor: In the Hands of the Fans" joins "CBS Mornings" to discuss being voted off and playing the game again.
Misty Copeland, the first Black female principal dancer for the American Ballet Theater, said Timothée Chalamet "wouldn't be an actor and have the opportunities he has as a movie star if it weren't for opera and ballet and their relevance in that medium." Her response comes after Chalamet's comments on ballet and opera sparked backlash.
Watch scenes from the performances nominated for best supporting actor at the 98th annual Academy Awards, as well as interviews with the nominees.
An explosion in artificial intelligence data centers and cloud computing is shrinking the supply of memory chips, which is having a major impact on the price consumers pay for everyday tech. CNET editor-in-chief David Katzmaier joins CBS News to discuss.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
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.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
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 Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
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.
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.
Two people were injured Thursday during a shooting at Old Dominion University in Norfolk, Virginia, according to an alert. CBS News' Anna Schecter reports.
A shooter was killed after opening fire in a building on the campus of Old Dominion University in Norfolk, Virginia, the university said.
NYPD Chief Aaron Edwards and Sgt. Luis Navarro are being lauded for their actions during a tense encounter outside Gracie Mansion involving a potential explosive device. CBS News' Jericka Duncan has more.
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
Officials are downplaying the risk of Iranian drone attacks against California after an FBI memo said the regime "allegedly aspired" to target the Golden State. CBS News homeland security correspondent Nicole Sganga reports. Then, former FBI Special Agent Jeff Harp joins with analysis.
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.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Iran's new supreme leader, Ayatollah Mojtaba Khamenei, released his first public statement through Iranian state media on Thursday. CBS News' Anna Schecter, Aaron Navarro and Charlie D'Agata have the latest on the statement and the war in Iran.
More details are emerging about the dozens of U.S. service members injured during an Iranian attack at a Kuwait tactical operations center. CBS News' Eleanor Watson reports.
Iran's offensive moves as the war with the U.S. and Israel roars on are threatening the supply chain at the Strait of Hormuz. CBS News' Matt Gutman and Avi Salzman, a senior writer at Barron's, explain.
President Trump is addressing concerns among investors and Americans over the rising prices of oil and gas. This comes as Iran's new supreme leader, Mojtaba Khamenei, issues his first public statement since taking over the regime. CBS News' Weijia Jiang reports.
Dr. Majed Al Ansari, an adviser to the Qatari prime minister and spokesperson for the country's Ministry of Foreign Affairs, warned that unchecked escalation will lead to "catastrophic results for the region and beyond" as Iran strikes its Gulf neighbors. Ansari told CBS News' Imtiaz Tyab that Qatar is a peaceful country, but "if we have attacks coming into our country, we will defend ourselves."