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
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.
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's response. Then, Fin Gómez, CBS News political director, and Evan McMorris-Santoro, NOTUS reporter, join with analysis.
Markets react to Trump comments on economy
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy Cordes reports.
Trump doesn't rule out recession possibility
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. Meanwhile, China's retaliatory tariffs on U.S. goods are being implemented Monday. CBS News' Natalie Brand and Anna Coren have the latest.
Egg prices expected to continue to rise
Egg prices are expected to continue going up as farmers across the country deal with outbreaks of bird flu. The USDA is working to reimburse farmers who have to kill and replace their chickens. Kati Weis reports.
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion has more.
Stock market has worst weekly decline in 6 months
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's bruising. Ali Bauman has more details.
Uncertainty amid likely Trump education order
President Trump signed an executive order Friday establishing a task force for the 2026 FIFA World Cup. But the executive order on everyone's radar, that aims to dismantle the Department of Education, has yet to receive the president's signature. Political strategists Maura Gillespie and Hyma Moore join "America Decides" to assess the possible ramifications of the expected order.
Democrats blast Trump in social media blitz
From podcasts to TikTok and Instagram, Republicans ruled the social media landscape during the 2024 election cycle. Now, Democrats are fighting back, with more than 20 senators posting the same video targeting President Trump. Peter Hamby, partner at Puck News, joins "America Decides" with analysis.
Fed Chair Powell says interest rates on hold amid economic uncertainty
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
What we know about the new jobs report
New February jobs data may indicate slowing economic growth. This comes as Americans remain uncertain over the state of the economy. CBS MoneyWatch correspondent Kelly O'Grady reports.
Some economists think U.S. inflation is likely to rise in 2025
More restrictive trade and immigration policies under the Trump administration could mean higher prices for Americans, Morgan Stanley analysts say.
These products could see price hikes under Trump's new tariffs
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Fact-checking Trump claims on inflation
President Trump made claims during his address to Congress about the history of U.S. inflation and about the electric vehicle policy under former President Joe Biden. CBS News' Rhona Tarrant has more.
Trump voters optimistic about economy's direction
The economy helped put President Trump back in the White House, and it will be a pillar of his speech to Congress. He is expected to talk about lowering prices for Americans, even as his tariffs threaten to raise them. Caitlin Huey-Burns went to York, Pennsylvania, to see how residents are rating Trump's handling of the economy so far. Then, Kelly O'Grady explains when Americans might start to feel the effects of Trump's tariffs.
Poll and analysis: Americans most want to hear Trump talk about lowering prices
Republicans are more likely than Democrats to say they'll watch President Trump's joint address to Congress.
What Americans want Trump's speech to discuss
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News executive director of elections and surveys Anthony Salvanto has more.
Wall Street rout deepens as Trump tariffs escalate trade war
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
Here's what to know about today's inflation data from the PCE report
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Analyzing new inflation report
The Federal Reserve's key measure of inflation cooled slightly in January. The personal consumption expenditures price index, which measures price changes for consumers, rose .3% since last month and 2.5% since this time last year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Why are coffee prices soaring in the U.S.?
Consumers still coping with high food costs face scalding hot coffee prices, with retail costs up 75% in recent years.
Live
Trump says attack on Iran canceled after rough framework of deal reached
President Trump announced Saturday night that he will cancel a pending attack on Iran after he indicated that a rough framework of a peace deal had been reached.
DOJ to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Trump will push for "anti-weaponization fund" if Blanche not confirmed, he says
Todd Blanche previously repeatedly told Congress the "anti-weaponization fund" was "dead."
Several people killed in shooting at Idaho In-N-Out restaurant, officials say
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
Vincent Pastore, famous for his role in "The Sopranos," dies at 80
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
Trump says deal to end Iran war may be imminent, agrees to "cancel the attack"
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Spain to put containment fence around Ceuta after migrants rush border
Most migrants who entered the tiny Spanish territory of Ceuta have been returned to Morocco, Spain's authorities said Saturday.
Savannah Guthrie asks for answers about mom Nancy after notes released
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
Several people killed in explosion at Moscow restaurant, Russian officials say
An improvised explosive device detonated at a restaurant Saturday in central Moscow, according to Russian state media.
U.S.
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Bloody, bare footprints lead to decadeslong search for woman's killer
In 1993, Jeanie Childs was found stabbed more than 60 times in her Minneapolis apartment. Bloody footprints and unknown DNA left investigators without answers until a 2015 cold-case review and public DNA database finally pointed to a suspect.
Several people killed in shooting at Idaho In-N-Out restaurant, officials say
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
Vincent Pastore, famous for his role in "The Sopranos," dies at 80
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
Savannah Guthrie asks for answers about mom Nancy after notes released
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
A brief timeline of Iranian cyberattacks on the U.S.
Investigators are probing whether Iranian hackers are behind this week's malicious cyber activity against water systems in Minnesota. If they are found to be the culprits, it would not be the first time.
MoneyWatch
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Nearly 1 in 4 Americans want CEOs to "stop being greedy," survey finds
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
Families sue Meta, Snapchat, TikTok, YouTube over deaths of 4 teens
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
New York sues Kalshi, alleging it enables illegal gambling
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
OCTROT heated blankets and throws recalled after fires and injuries
Chinese-made electric bedding poses "risk of serious injury or death," according to U.S. product safety regulators.
Anthropic reveals Claude "gained unauthorized access" to "real-world systems"
Anthropic's artificial intelligence model Claude "gained unauthorized access" to three outside organizations on three separate occasions during testing.
Politics
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Trump says deal to end Iran war may be imminent, agrees to "cancel the attack"
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Bombing in Colombia injures 11, days before presidential inauguration
President-elect Abelardo de la Espriella condemned the bombing and said "terrorism will not intimidate Colombia."
Trump will push for "anti-weaponization fund" if Blanche not confirmed, he says
Todd Blanche previously repeatedly told Congress the "anti-weaponization fund" was "dead."
A brief timeline of Iranian cyberattacks on the U.S.
Investigators are probing whether Iranian hackers are behind this week's malicious cyber activity against water systems in Minnesota. If they are found to be the culprits, it would not be the first time.
DOJ to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
HealthWatch
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She went to "hell and back" for a diagnosis. Then her sister showed symptoms.
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
Peptide vendor sentenced for "trail of harm"
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
People with disabilities fear service cuts as DOJ questions legal protections
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
Senate committee advances Dr. Erica Schwartz to be Trump's CDC director
If confirmed by the full Senate, Dr. Erica Schwartz would become the 22nd director of the Atlanta-based Centers for Disease Control and Prevention.
Millions of kids have caffeine in their diet. It's not all coming from soda.
On any given day, kids consume an average of 19.4 milligrams of caffeine, which is about two-thirds of what's in a can of Coke, according to a new report.
World
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Trump says deal to end Iran war may be imminent, agrees to "cancel the attack"
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Several people killed in explosion at Moscow restaurant, Russian officials say
An explosion Saturday at a Moscow restaurant that killed three people and wounded 21 others was a bombing, Russian authorities said.
Wildfire danger in Europe shifts to Greece as evacuation orders remain in France
For Greece, the danger carried grim resonance: a 2018 wildfire at the seaside community of Mati, near Athens, killed 104 people.
Bombing in Colombia injures 11, days before presidential inauguration
President-elect Abelardo de la Espriella condemned the bombing and said "terrorism will not intimidate Colombia."
Europe continues to celebrate Pride after attack on Berlin parade
Large Pride events in Hamburg and Amsterdam are underway after last week's deadly ramming attack in Berlin.
Entertainment
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Entertainment
Summer movies are experiencing a renaissance
The summer blockbuster may be having its own blockbuster comeback. After years of streaming dominance, audiences are again packing theaters. Adam Yamaguchi has more.
Vincent Pastore, famous for his role in "The Sopranos," dies at 80
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
8/1: CBS Saturday Morning
French wine region under fire threat, latest on migrants entering Spanish territory, plus all about sake.
GA-20, Charlie Musselwhite perform together
Grammy-winning harmonica virtuoso Charlie Musselwhite is a pioneer of the 60s Chicago blues scene. New England blues trio GA-20 is celebrated for their raucous sound and dynamic live performances. GA-20 and Charlie Musselwhite join forces for an electrifying blues collaboration, culminating in their new album "Blues Now!"
GA-20, Charlie Musselwhite perform together
Grammy-winning harmonica virtuoso Charlie Musselwhite is a pioneer of the 60s Chicago blues scene. New England blues trio GA-20 is celebrated for their raucous sound and dynamic live performances. GA-20 and Charlie Musselwhite join forces for an electrifying blues collaboration, culminating in their new album "Blues Now!"
Technology
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Technology
Anthropic claims its AI models went rogue
Anthropic claims its artificial intelligence models went rogue during testing and hacked into three other companies. Less than two weeks ago, OpenAI reported a similar incident for one of its models. Stephen Witt, author of "The Thinking Machine," joins to unpack the situation.
Trump blames Minnesota for water cyberattack
The U.S. government is investigating whether Iran is behind a cyberattack on water systems in seven states. In Minnesota alone, more than 30 community water systems were impacted. CBS News homeland security correspondent Nicole Sganga 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.
Families sue Meta, Snapchat, TikTok, YouTube over deaths of 4 teens
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
Is Iran targeting the U.S. water supply?
Investigators are examining whether Iran was involved with a series of cyberattacks on water systems in Minnesota and other states. Nicole Sganga reports.
Science
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Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Crime
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Bloody, bare footprints lead to decadeslong search for woman's killer
In 1993, Jeanie Childs was found stabbed more than 60 times in her Minneapolis apartment. Bloody footprints and unknown DNA left investigators without answers until a 2015 cold-case review and public DNA database finally pointed to a suspect.
FTC says ticket reseller violated laws
Last year, "CBS Saturday Morning" spoke with ticket reselling company Elite Events and Tickets about its methodology and practices. Now, the Federal Trade Commission is fining the company, saying it violated the Better Online Ticket Sales Act. Elite Events and Tickets neither admitted to nor denied the FTC's allegations.
Police release Nancy Guthrie ransom notes
It has been six months since Nancy Guthrie, the mother of "Today Show" co-host Savannah Guthrie, vanished from her Arizona home. Investigators have now released two ransom notes with "distinctive linguistic characteristics" and are asking for the public's help in identifying their writer.
Savannah Guthrie asks for answers about mom Nancy after notes released
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
Notes released in Nancy Guthrie case
For the first time, the Pima County Sheriff's Office released a pair of emails allegedly sent by Nancy Guthrie's kidnapper, who said she had died shortly after she had been abducted. Tom Hanson reports.
Space
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Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
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.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Death at Soho House
An Oscar winner's son, a fashion designer girlfriend -- one is dead. Was it murder? "48 Hours" correspondent Troy Roberts investigates.
The Footprint
A woman is murdered in her home and the pivotal clue at the crime is a bloody footprint her killer left behind. "48 Hours" correspondent Erin Moriarty reports.
Union Pacific's Big Boy completes epic journey
Ian Lee traces this summer's cross-country journey of the world's largest locomotive, known as Big Boy.
France makes major progress in wildfire fight
Even though France's biggest wildfire crisis since 1949 has been contained, many of the blazes are still burning. Ramy Inocencio reports from France.
FIFA reverses course on World Cup investment plan
FIFA President Gianni Infantino announced Friday that he is canceling a proposal that would have seen the world soccer governing body sell private shares in the World Cup. His reversal came after the plan drew heavy criticism from member nations.