Inflation may be cooling, but car insurance rates are revving up. Here's why.
Auto insurance has gone up 19.5% since June of last year, according to the latest Consumer Price Index data. The reason? Getting T-boned by inflation.
Inflation
How Project 2025 would impact U.S. tax code
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
The story of 2 American economies
Two major stock indexes, the S&P 500 and Dow Jones Industrial Average, are up over 15% compared to a year ago. Financial analysts point to this as an example of the U.S. economy's health, but the benefits are not accessible to all Americans. CBS News' Lindsey Reiser explains.
Inflation slows more than expected in June
Labor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
What to make of the latest inflation numbers
Inflation slowed in June more than expected, according to the latest CPI report. CBS News contributor Javier E. David breaks down the numbers and what they might mean for interest rates.
In a boost for consumers, U.S. inflation is cooling fast
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
Inflation cools more than expected in June
The latest CPI report shows inflation came down 0.1% in June, putting the rate over the past year at 3%, slightly lower than economists predicted. CBS News business analyst Jill Schlesinger has more on if the report could spark an interest rate cut from the Federal Reserve.
Job market cools but remains resilient, report shows
The U.S. added 206,000 new jobs in June, marking a slight cooling in the labor market, but still a sign that hiring remains strong. Michael George has more on what this could mean for interest rates moving forward.
What to look for in the U.S. government's June jobs report
Forecasters expect job numbers on Friday to show slower hiring in June, clearing the way for the Fed to cut interest rates later this year.
Voters explain how they're making 2024 pick
CBS News polls consistently show that democracy and the American Dream itself are on the ballot this November, but why do voters think that? And how do their personal lives shape their views on our national conversations? CBS News executive director of elections and surveys Anthony Salvanto spoke with people from across America, including some who participated in our polls, to find out.
Voters who reject labels discuss 2024 race
In Independence, Oregon, members of one family of voters are pushing back on the idea of political labels. CBS News executive director of elections and surveys Anthony Salvanto spoke with them about their views on the 2024 election.
Voters sound off on inflation
Many Americans say for the last couple of years, their finances either haven't changed or have gotten worse, according to CBS News polling. CBS News executive director of elections and surveys Anthony Salvanto spoke with George Fleur, a landscaper in Shohola, Pennsylvania, and Taliah Ayers, a caregiver in Atlanta, Georgia, about how inflation is playing a role in their 2024 presidential pick.
Houses becoming unaffordable for most
New data shows a growing portion of the U.S. has become unaffordable for home buyers. Meanwhile, insurance companies are backing out of some places because of extreme weather. CBS News contributor Javier David discusses the numbers.
Inflation measure preferred by Fed shows cooling prices
The better-than-expected PCE data is increasing expectations that the Fed could cut rates in September, analysts said.
Issues that could come up at 1st 2024 debate
President Biden and former President Donald Trump are expected to tackle several issues important to voters during Thursday night's debate. CBS News' Jo Ling Kent, Camilo Montoya-Galvez and Shawna Mizelle walk through some of them.
New poll on youngest voter turnout
About a third of U.S. voters ages 18-29 say they are not planning to vote in the 2024 election, according to a CBS News poll. Caitlin Huey-Burns spoke to some young voters about their plan to sit this election out.
Americans frustrated with economy
Inflation showed signs of cooling and both stock indexes and corporate profits are up. But many Americans aren't feeling any economic relief. Mark Strassmann looks at why.
Voters feeling frustrated with inflation
The latest CBS News poll found that 72% of Americans say higher prices have been a hardship or more difficult, and 63% rate the economy as fairly bad or very bad. Mark Strassmann on how voters are feeling amid the signs that inflation is cooling — but not fast enough for many Americans.
These 5 U.S. cities have been hit hardest by inflation
A housing shortage in Texas and minimum wage increases elsewhere are fueling higher than average inflation in some cities.
The state of inflation in the U.S.
There are some indications that prices are falling in some parts of the U.S. economy. This comes after the Federal Reserve's announcement to hold interest rates steady for now. CBS News contributor Javier E. David looks at some key economic indicators as inflation slows slightly.
Inflation eases as Fed holds rates steady
The Federal Reserve left interest rates unchanged Wednesday after the government announced consumer prices in May rose 3.3% year over year. The central bank has been hesitant to cut rates due to inflation. Ben Casselman, economy reporter for The New York Times, joins CBS News to unpack the data.
The Fed expects only one rate cut this year amid sticky inflation
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July 2023.
Federal Reserve holds interest rates steady
The Federal Reserve is leaving interest rates unchanged for now as it awaits a more sustained period of declining inflation in the U.S. economy. CBS News contributors J.D. Durkin and Javier E. David break down the decision.
Inflation eases in May, some prices rise
The Federal Reserve is meeting again to determine if interest rates should remain steady or be altered. The latest data by the Department of Labor shows inflation cooled slightly in May but some consumer prices, including for shelter and food, continued to rise. CBS News' Jo Ling Kent has more.
Inflation eased in May with prices rising less than expected
Key report on consumer prices comes ahead of interest-rate decision by the Federal Reserve in the afternoon.
Nick Reiner, son of Rob Reiner and wife Michele, arrested for their murders
Nick Reiner, a son of director Rob Reiner and his wife Michele, has been arrested on murder charges following their deaths, police said.
Brown shooting manhunt continues as new video shows person of interest
Police on Monday renewed their search for the gunman who killed two Brown University students and wounded nine others.
4 members of far-left group charged for alleged terror plot in California
Attorney General Pam Bondi said the FBI and Justice Department thwarted "what would have been a massive and horrific terror plot" in Southern California.
Brian Walshe convicted of first-degree murder in wife's death
A jury has found Massachusetts man Brian Walshe guilty of first-degree murder in the death of his wife Ana Walshe.
Brown University shooting victims identified
The two people who were killed in a shooting at Brown University on Saturday have been identified as students Ella Cook and Mukhammad Aziz Umurzokov.
"Australia's not a home for Jews anymore," Bondi victim's daughter says
Sheina Gutnick's dad came to Australia to escape persecution for his Jewish faith, and his murder in Bondi has left her feeling "betrayed by the government."
Trump disparages Rob Reiner's political views a day after his murder
Actor and director Rob Reiner and his wife Michele were found dead in their Los Angeles home over the weekend.
Hollywood stars, politicians react to deaths of Rob Reiner and his wife
Tributes and condolences have poured in for the prolific director, actor and activist Rob Reiner and his wife, Michele, who were found dead Sunday in their home in Los Angeles.
7 highlights from Erika Kirk's CBS News town hall
Erika Kirk recalls the emotional fog of Charlie Kirk's assassination, addresses conspiracy theories and takes questions during a CBS News town hall hosted by Bari Weiss.
U.S.
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Army identifies two American soldiers killed in attack in Syria
Two members of the Iowa National Guard and a U.S. civilian interpreter were killed in Palmyra, Syria on Saturday after an ISIS gunman ambushed them, according to the Pentagon.
Trump disparages Rob Reiner's political views a day after his murder
Actor and director Rob Reiner and his wife Michele were found dead in their Los Angeles home over the weekend.
Spotify says it's investigating after thousands of users report outages
Tens of thousands of Spotify users reported outages on Monday, with some saying they had lost access to their playlists.
Touting Warner Bros. offer, Netflix execs vow to keep releasing movies
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
Brown shooting manhunt continues as new video shows person of interest
Police on Monday renewed their search for the gunman who killed two Brown University students and wounded nine others.
MoneyWatch
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Spotify says it's investigating after thousands of users report outages
Tens of thousands of Spotify users reported outages on Monday, with some saying they had lost access to their playlists.
Touting Warner Bros. offer, Netflix execs vow to keep releasing movies
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
Roomba maker iRobot files for bankruptcy, sells itself to Chinese company
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
A guide to "Made in America" holiday gifts, state by state
The Made in America Holiday Gift Guide, promoting products made in the U.S., includes more than 150 companies from all 50 states. For small business owners, being included in this year's gift guide feels close to a Christmas miracle.
What are the prospects for laid-off workers?
In 2025, more than 1.1 million Americans were laid off from their jobs, the most since the COVID pandemic, even as corporate profits remain high. Business experts discuss the reasons why companies resort to layoffs.
Politics
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Army identifies two American soldiers killed in attack in Syria
Two members of the Iowa National Guard and a U.S. civilian interpreter were killed in Palmyra, Syria on Saturday after an ISIS gunman ambushed them, according to the Pentagon.
Trump disparages Rob Reiner's political views a day after his murder
Actor and director Rob Reiner and his wife Michele were found dead in their Los Angeles home over the weekend.
4 members of far-left group charged for alleged terror plot in California
Attorney General Pam Bondi said the FBI and Justice Department thwarted "what would have been a massive and horrific terror plot" in Southern California.
Jan. 6 police hero becomes go-to witness for Democrats in Congress
Daniel Hodges, a D.C. metropolitan police officer, says he's trying to block the whitewashing of the history of the Jan. 6, 2021, riot.
Full transcript of "Face the Nation with Margaret Brennan," Dec. 14, 2025
On this "Face the Nation with Margaret Brennan" broadcast, Nobel Peace Prize winner María Corina Machado and Sen. Bill Cassidy join Margaret Brennan.
HealthWatch
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He made his brothers see a cardiologist. Each had advanced heart disease.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
Vaccine vote signals turbulence for immunization policy, public trust
Clinicians and epidemiologists warn the decision could unravel decades of progress and expose newborns to a deadly, preventable disease.
Botulism outbreak tied to ByHeart products includes 51 babies in 19 states
Health officials say an infant botulism outbreak tied to ByHeart baby formula has been expanded to include all illnesses reported since the company began production in 2022.
Extended interview: Dr. Rochelle Walensky
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
World
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"Australia's not a home for Jews anymore," Bondi victim's daughter says
Sheina Gutnick's dad came to Australia to escape persecution for his Jewish faith, and his murder in Bondi has left her feeling "betrayed by the government."
Army identifies two American soldiers killed in attack in Syria
Two members of the Iowa National Guard and a U.S. civilian interpreter were killed in Palmyra, Syria on Saturday after an ISIS gunman ambushed them, according to the Pentagon.
Rabbis, a young girl and a Holocaust survivor among Bondi Beach victims
Family and friends say Rabbi Eli Schlanger, who helped plan the targeted Hanukkah event on Bondi Beach, was among the 15 people killed.
Parents recall panic as they lost track of daughter during Bondi attack
Wayne and Vanessa Miller's little girls were "having an absolute ball" at a Jewish holiday event at Bondi Beach, before gunmen shattered the joy.
Leaders say Australia needs tougher gun laws after Bondi Beach shooting
For the second time in 3 decades, Australian leaders have vowed to respond quickly to a mass shooting with tighter gun ownership laws.
Entertainment
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Touting Warner Bros. offer, Netflix execs vow to keep releasing movies
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
From the archives: Rob Reiner
In this Aug. 15, 2010 "Sunday Morning" profile, actor, writer and director Rob Reiner talked with Russ Mitchell about starring in the classic sitcom "All in the Family," and directing such hits as "Stand By Me," "The Princess Bride," "When Harry Met Sally" and "A Few Good Men."
Hollywood stars, politicians react to deaths of Rob Reiner and his wife
Tributes and condolences have poured in for the prolific director, actor and activist Rob Reiner and his wife, Michele, who were found dead Sunday in their home in Los Angeles.
Nick Reiner, son of Rob Reiner and wife Michele, arrested for their murders
Nick Reiner, a son of director Rob Reiner and his wife Michele, has been arrested on murder charges following their deaths, police said.
Members of rock band Kiss on road to fame
The legendary rock band Kiss, a Kennedy Center honoree this year, has sold more than 100 million records worldwide. Founding members Gene Simmons and Paul Stanley talk about their road to stardom.
Technology
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Spotify says it's investigating after thousands of users report outages
Tens of thousands of Spotify users reported outages on Monday, with some saying they had lost access to their playlists.
Roomba maker iRobot files for bankruptcy, sells itself to Chinese company
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
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.
What's next after Trump's AI rule order?
President Trump signed an executive order restricting states from creating their own regulations for artificial intelligence. CBS News senior business and technology correspondent Jo Ling Kent has more.
College grads struggling to launch careers
New York Times reporter Jodi Kantor's upcoming book "How to Start" looks at the difficulties of beginning your career. Kantor joins "The Takeout" to unpack some of the difficulties college students face, artificial intelligence and more.
Science
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Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
"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.
Crime
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Crime
Officials seek help in Brown University probe
The FBI and police are asking anyone who may have more video evidence or tips relating to the deadly shooting at Brown University. A person of interest was released Sunday night. CBS News law enforcement contributor Rodney Harrison has more.
Police: Reiner's son booked on murder charges
Nick Reiner, a son of director Rob Reiner and his wife, was arrested and booked on murder charges in his parents' deaths, Los Angeles Police Chief Jim McDonnell said. The Hollywood icon and his wife were found dead in their Los Angeles home late Sunday afternoon.
Brian Walshe convicted of first-degree murder
A jury found Brian Walshe guilty of first-degree murder in the death of his wife Ana on New Year's Day in 2023 in their Massachusetts home. Legal analyst Jennifer Roman joins with more details.
Brown University student describes shooting
Refath Bari, a physics student in the master's program at Brown University, told CBS News 24/7 that he ran as fast as he could after he realized he was hearing gunshots on Saturday. He described it as a "mass scramble."
Brown University victims identified
The two students killed in the Brown University shooting have been identified as Ella Cook and Mukhammad Aziz Umurzokov. Police are still searching for the gunman after they released a person of interest on Sunday. CBS News' Jarred Hill has the latest details.
Space
More Space
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
"Wet lava ball" exoplanet may have an atmosphere, evidence shows
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
3-man crew undocks from space station, wrapping up 8-month stay
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
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.
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.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Latest CBS News Videos
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Latest CBS News Videos
Australia attack highlights rise in antisemitism
Gunmen killed at least 15 people Sunday during Australia's Bondi Beach Jewish community Hanukkah celebration. Ted Deutch, CEO of the American Jewish Committee, joins CBS News with his reaction to the shooting.
U.S. soldiers killed in Syria attack ID'd
The U.S. soldiers who were killed in an attack on U.S. and Syrian forces near Palmyra have been identified as Sgt. William Nathanial Howard and Sgt. Edgar Brian Torres Tovar. President Trump vowed retaliation after the attacks. CBS News' Willie James Inman has more.
Congress gears up for busy week
Congress is readying itself for a busy week as the House is set to vote on a GOP-led health care plan and the Senate is set to debate the National Defense Authorization Act. CBS News' Caitlin Huey-Burns has the latest from Capitol Hill.
Officials seek help in Brown University probe
The FBI and police are asking anyone who may have more video evidence or tips relating to the deadly shooting at Brown University. A person of interest was released Sunday night. CBS News law enforcement contributor Rodney Harrison has more.
Details on Nick Reiner's arrest
Nick Reiner, a son of Rob Reiner and his wife Michele, has been arrested on murder charges for their killings, Los Angeles Police Chief Jim McDonnell said Monday. CBS News' Anna Schecter has more.