Last CPI report before Election Day
The latest consumer price index report, the last that will be released before Election Day, showed inflation continued to cool in September. CBS News business analyst Jill Schlesinger has more.
Inflation
Here's the 2025 COLA increase for Social Security recipients
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
U.S. inflation continued to cool in September, latest CPI data shows
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
Social Security will set 2025 COLA within days. Here's what to know.
The Social Security Administration will set its 2025 cost-of-living adjustment within days. Here's what the experts say.
Jobs report blows away expectations
The September jobs report blew away expectations from economists after a slowdown in hiring in earlier data prompted the Federal Reserve's rate cut. CBS News business analyst Jill Schlesinger looks at the data.
Short-term dockworkers, port owners deal made
Dockworkers and port owners reached a tentative agreement Thursday after a strike shut down 14 ports along the East and Gulf coasts. They will negotiate a permanent contract on Jan. 15, 2025, a source said. New York Times global economics reporter Peter Goodman joins CBS News to discuss the deal.
More on dockworkers' automation concerns
U.S. dock workers on the East and Gulf coasts have been on strike for two days with no union deal in sight. The workers are demanding wage hikes and a complete ban on the use of automated cranes, gates and container-moving trucks in unloading or loading freight. CBS News' Nancy Chen has more on their concerns.
Dockworkers strike could cost billions a day
About 25,000 dockworkers from Boston to Houston went on strike over higher pay and stronger guardrails around their jobs being automated out of existence. CBS News senior business and technology correspondent Jo Ling Kent reports on the economic impact.
Shrimp farmers in Asia exploited by U.S. supermarkets, analysis finds
Unpaid and underpaid labor prevails, an analysis of research by several NGO's found, including wage deductions, "significant" debt bondage and child labor.
Key U.S. inflation gauge shows prices continued cooling in August
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
Harris tries to sharpen economic message
Vice President Kamala Harris laid out her economic vision in a speech Wednesday in Pittsburgh, Pennsylvania. Bloomberg News senior national political correspondent Nancy Cook and Washington Post national politics reporter Sabrina Rodriguez join CBS News with analysis.
Harris in Pittsburgh for economy plan
Vice President Kamala Harris will present more of her economic plans in Pittsburgh, Pennsylvania, Wednesday. This comes after former President Donald Trump made remarks in Savannah, Georgia, about the economic policies he is proposing. CBS News political director Fin Gómez and CBS News campaign reporter Olivia Rinaldi have more.
Where manufacturing fits into Trump strategy
Former President Donald Trump hammered Vice President Kamala Harris on the economy during a speech in Georgia on Tuesday. Harris is expected to unveil new economic policies of her own on Wednesday. CBS News congressional correspondent Scott MacFarlane has more.
Trump, Harris highlight economic policies
Vice President Kamala Harris and former President Donald Trump are both highlighting their economic proposals in campaign stops this week. Robert Costa has the details on both candidates' plans.
Hit by a sales slump, Olive Garden plans a menu change
Olive Garden's same-restaurant sales dropped in its most recent quarter. Now, it's tweaking its menu.
Poll: Harris makes gains with economic voters
The latest CBS News polling shows Vice President Kamala Harris making up some ground regarding what most voters consistently say is the biggest issue this election: the economy. Harris' support among voters who say the economy is a major factor in the 2024 race has gone up four points since August. CBS News chief White House correspondent Nancy Cordes joins to discuss.
Poll: Harris makes headway on economy
New CBS News polling finds registered voters have a more positive view of the economy now than August. It also reveals that Vice President Kamala Harris has narrowed her deficit with former President Donald Trump among those who call the economy a major factor in their vote. Molly Ball, senior political correspondent at The Wall Street Journal, and Brakkton Booker, national political correspondent with Politico, join "America Decides" with analysis.
Inflation concerns weigh heavily on voters
Many Americans are voting with their wallets this year, which is unsurprising considering the U.S. economy consistently polls as a top concern. Vice President Kamala Harris and former President Donald Trump are offering vastly different proposals for solving the stubborn problem of inflation. Mark Strassmann has an in-depth look at the issue.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Why the Fed cut rates for first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for TheStreet, joins CBS News to explain the Fed's move.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Old Dominion shooter was imprisoned for trying to support ISIS, sources say
One person was killed and two others were hurt in a shooting on the campus of Old Dominion University in Norfolk, Virginia, police said.
Live
Iran's supreme leader gives first statement as oil prices go up, markets down
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.
What we know about the Michigan synagogue attack
The attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
Senate fails again to advance DHS funding as tempers flare over stalemate
The Senate failed for a fourth time to advance a funding bill for the Department of Homeland Security, with no deal in sight.
What will it take for ships to brave the Strait of Hormuz again?
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
Trump weighs Jones Act waiver amid rising fuel prices, White House says
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
FBI closes 2020 election fraud inquiry demanded by NV's top federal prosecutor
The FBI found only 38 non-citizens may have voted in the 2020 presidential election in the inquiry ordered by Sigal Chattah, Nevada's top federal prosecutor.
Exclusive
White House mulls defunding civil rights election observer program
The federal observer program sends neutral observers to monitor election sites to ensure voters don't experience discrimination at the polls.
Misty Copeland fires back at Timothée Chalamet ballet, opera comments
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."
U.S.
More U.S.
Exclusive
White House mulls defunding civil rights election observer program
The federal observer program sends neutral observers to monitor election sites to ensure voters don't experience discrimination at the polls.
FBI closes 2020 election fraud inquiry demanded by NV's top federal prosecutor
The FBI found only 38 non-citizens may have voted in the 2020 presidential election in the inquiry ordered by Sigal Chattah, Nevada's top federal prosecutor.
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.
What will it take for ships to brave the Strait of Hormuz again?
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
What we know about the Michigan synagogue attack
The attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
MoneyWatch
More MoneyWatch
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.
What will it take for ships to brave the Strait of Hormuz again?
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
Trump weighs Jones Act waiver amid rising fuel prices, White House says
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Lawsuit alleges David Protein understates calories and fat of its bars
Plaintiffs claim that David Protein bars contain "way more" calories and fat than what's displayed on the label.
Massive emergency oil release fails to stem investor fears
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
Politics
More Politics
Exclusive
White House mulls defunding civil rights election observer program
The federal observer program sends neutral observers to monitor election sites to ensure voters don't experience discrimination at the polls.
FBI closes 2020 election fraud inquiry demanded by NV's top federal prosecutor
The FBI found only 38 non-citizens may have voted in the 2020 presidential election in the inquiry ordered by Sigal Chattah, Nevada's top federal prosecutor.
Senate passes sweeping bipartisan housing bill, but House roadblocks remain
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.
Dad of 3 felt forced to quit TSA job amid shutdown: "Family has to come first"
More than 300 TSA officers have quit since the partial government shutdown began last month, according to agency statistics obtained by CBS News.
Clyburn, 85-year-old South Carolina Democrat, running for reelection
Democratic Rep. Jim Clyburn of South Carolina announced Thursday he will seek an 18th term in Congress.
HealthWatch
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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.
Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
World
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Iran shares first statement attributed to its new supreme leader
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.
How do other countries view the U.S. and Israel's war with Iran?
CBS News journalists offer international perspectives from leaders and citizens in a number of countries as the Iran war nears the two-week mark.
Paralympian Oksana Masters "on top of the world" after winning 22nd medal
Oksana Masters said she was shocked to win her 22nd Paralympic Medal in Milan.
Giant underground pipe mysteriously rises over 30 feet in Japan
The pipe, with a diameter of 11.5 feet, towered as high as 42 feet at one point, according to the Osaka construction department.
Strike in Strait of Hormuz may be message to U.S., analyst says
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.
Entertainment
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Misty Copeland fires back at Timothée Chalamet ballet, opera comments
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 on his first-ever spy novel
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.
Spoiler alert! Latest "Survivor elimination
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 on Timothée Chalamet comments
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.
Oscars 2026: Behind the scenes with the best supporting actor nominees
Watch scenes from the performances nominated for best supporting actor at the 98th annual Academy Awards, as well as interviews with the nominees.
Technology
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Technology
Memory chip shortage could raise tech prices
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.
What is XMoney, Elon Musk's new digital payments platform?
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
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.
How Hollywood is grappling with AI
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.
Details on Pentagon removal of Claude
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.
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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Crime
Michigan synagogue attacker had explosives in car
Security at a Michigan synagogue killed an attacker on Thursday after he rammed a car into the building, sources say. CBS News' Anna Schecter has the latest.
What we know about the Michigan synagogue attack
The attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
Sheriff describes attack at Michigan synagogue
Security staff killed an attacker who drove a car into a Detroit-area synagogue on Thursday, Michigan authorities said. Officials say one member of the security staff was injured, but no other victims were hurt. CBS News Detroit reports.
Old Dominion University confirms shooting
Two people were injured Thursday during a shooting at Old Dominion University in Norfolk, Virginia, according to an alert. CBS News' Anna Schecter reports.
Old Dominion shooter was imprisoned for trying to support ISIS, sources say
One person was killed and two others were hurt in a shooting on the campus of Old Dominion University in Norfolk, Virginia, police said.
Space
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Space
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.
How NASA plans to get astronauts on the moon
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 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.
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
More Latest CBS News Videos
Latest CBS News Videos
Growing Up Behind Walls | Sunday on 60 Minutes
You rarely hear a hopeful story coming from Haiti. Sunday, Anderson Cooper reports on an orphanage caring for the country's most vulnerable children, giving them safety, stability, and a path to college.
Michigan synagogue attacker had explosives in car
Security at a Michigan synagogue killed an attacker on Thursday after he rammed a car into the building, sources say. CBS News' Anna Schecter has the latest.
U.S. releasing 172 million barrels of reserve oil
The Trump administration announced Wednesday that it would release 172 million barrels of oil from the Strategic Petroleum Reserve. James Bikales, energy reporter for Politico, joins CBS News to discuss what impact that may have on gas prices.
White House briefed on Michigan temple attack
White House press secretary Karoline Leavitt says President Trump has been briefed about the attack at a Michigan synagogue. CBS News White House reporter Willie James Inman has more.
Sheriff describes attack at Michigan synagogue
Security staff killed an attacker who drove a car into a Detroit-area synagogue on Thursday, Michigan authorities said. Officials say one member of the security staff was injured, but no other victims were hurt. CBS News Detroit reports.