Wholesale inflation up 0.6% in February
Wholesale inflation saw its biggest increase since last summer in February, rising 0.6% according to the Producer Price Index. CBS News business analyst Jill Schlesinger has more.
Inflation
Biden, Trump pivot to general election mode
President Biden and former President Donald Trump are shifting focus to the general election after gaining enough delegates to clinch their parties' nominations. Biden campaign senior spokesperson Kevin Munoz and Trump campaign national press secretary Karoline Leavitt join "America Decides" to discuss what they believe will be key to their victory.
Why inflation ticked up in February
Consumer prices rose 0.4% from January to February, indicating inflation continues to be a hurdle in the U.S. economy. Gas and home prices contributed to the increase. CBS News' Jo Ling Kent breaks down the figures.
How Fed could react to hot February inflation
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
Inflation hotter than expected in February
New economic data shows inflation ticked up last month at a higher-than-expected rate. The Consumer Price Index rose four-tenths of a percent in February with a marked increase in the cost of shelter and gasoline. CBS News contributor Javier David has more.
Jobs grow in February, unemployment rises
The U.S. economy added 275,000 jobs in February and the unemployment rate unexpectedly rose to 3.9% from 3.7%, according to data released Friday. CBS News business analyst Jill Schlesinger and Daniel Zhao, a lead economist and senior manager at Glassdoor, join CBS News with a look at the numbers.
Sen. Katie Britt delivers GOP rebuttal
Republican Sen. Katie Britt of Alabama delivered her party's response to President Biden's State of the Union address Thursday night, in emotional remarks from her kitchen. "CBS Evening News" anchor and managing editor Norah O'Donnell leads a panel to break down Britt's speech.
Biden touts economic record, infrastructure
In his 2024 State of the Union address, President Biden ran through his legislative achievements during his first term in office. He highlighted a $1.2 trillion infrastructure package to revitalize the nation's roads, bridges, waterways and public transit, and legislation that aims to boost domestic production of semiconductor chips.
Aldi plans to open 800 new stores around the U.S.
Discount grocery giant Aldi expects to build more stores in the Midwest, Northeast and select U.S. cities
Previewing 2024 State of the Union address
President Biden is set to deliver the 2024 State of the Union address Thursday as he lags behind Donald Trump in the polls. CBS News senior White House and political correspondent Ed O'Keefe has more.
Jerome Powell wants more proof inflation is falling before cutting rates
Jerome Powell noted inflation is slowing for both goods and services, but offered no hints on potential timing of rate cuts.
Creative shopping for high food costs
As food inflation continues to persist, some shoppers are getting creative with the way they shop for groceries and plan meals. The Wall Street Journal reports consumers are cutting down on eating out, leaning more on coupons and changing the kind of food they eat. Heather Haddon, the co-writer of that Wall Street Journal story, joined CBS News to discuss.
Here's what's making it so hard to buy a home in the U.S. these days
Aspiring homebuyers face one of the toughest markets in years, with one analyst pointing to a "toxic brews" chilling sales.
Wendy's plans to test surge pricing in 2025
Wendy's is planning to roll out a "dynamic pricing" model for its menu in 2025, meaning prices will change throughout the day based on a few different factors. CBS News senior business and technology correspondent Jo Ling Kent explains.
Wendy's to introduce surge pricing in 2025
Wendy's says it will introduce surge pricing in 2025, meaning the cost of a burger or Frosty could go up at the busiest times of the day. Jo Ling Kent reports.
Economists see brighter outlook for 2024. Here's why.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
Americans are spending more on food than they have in 3 decades
The high cost of food both at home and in restaurants continues to be a sore spot for millions of U.S. households.
Home prices, mortgage rates remain high
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
U.S. food prices at 30-year high
Even though economic reports show inflation is letting up, Americans are spending more on food than they have in three decades, according to new data from the Labor Department. Restaurants and food company executives are blaming labor and production costs. Jesse Newman, food reporter for The Wall Street Journal, joined CBS News to discuss the high prices.
S&P 500, Dow rally to new records after Nvidia's earnings report
Nvidia's stock price surged after delivering another blowout quarter, setting off a rally in other tech stocks that carried Wall Street to another record high.
What's driving inflation right now?
The producer price index jumped by 0.3% in January, according to a U.S. Department of Labor report released on Friday. The data is fueling concerns that the stubbornly high inflation rate may not be going away anytime soon. Lori Bettinger, president of a network of community banks known as BancAlliance, joins CBS News to break down the findings.
Inflation concerns loom in election year
As voter anxiety over the economy intensifies this presidential election year, inflation remains high at 3.1% year-over-year, despite a significant reduction. Treasury Secretary Janet Yellen talks to CBS News about the Biden’s administration's strategy in an exclusive interview.
As inflation cools, workers "are getting ahead," Treasury's Yellen says
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
Janet Yellen discusses inflation, U.S. economy
Treasury Secretary Janet Yellen sat down with Jo Ling Kent in the battleground state of Michigan for an exclusive interview about the concerns many Americans continue to have about high prices. This comes after inflation rose again in January at a higher rate than expected.
The impact of inflation
Following new cost of living data revealing a slower-than-anticipated cooling in inflation and with the Consumer Price Index up 3.1% from the previous year, stocks faced significant losses. CBS News business analyst Jill Schlesinger talks about what’s driving these numbers.
Trump admin. touts its transparency. Yet few Iran war details have been shared.
The Trump administration is offering the public less information about the Iran war and its direction, even as the costs continue to mount.
Sen. Moreno says ex-son-in-law Max Miller shouldn't serve in Congress
GOP Sen. Bernie Moreno of Ohio said his former son-in-law, Rep. Max Miller, shouldn't serve in Congress amid swirling abuse claims, as Miller vowed to stay in the race for another term and strongly denied all allegations of misconduct.
Exclusive
ICE detentions set Trump-era high in July, as immigration crackdown widens
Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown.
Live
U.S.-Iran negotiations set to begin Monday, Trump says, after calling off strikes
President Trump said negotiations with Iran are set to begin Monday after announcing on Saturday that he canceled a pending attack on Iran.
Twin Falls In-N-Out shooting suspect identified after 3 killed, 7 wounded
The suspect, identified as 24-year-old Chad Williams, died from a self-inflicted gunshot wound, police said.
What's behind the $4B funding cut for California's high-speed rail?
Records reveal California twice missed deadlines to buy the trains at the center of a federal funding fight — then quietly dropped its lawsuit weeks after missing its new deadline.
Sen. Mark Kelly: Trump "has to try to figure out a way out of" Iran war
Democratic Sen. Mark Kelly also voiced concerns about the Pentagon's funding requests, calling the approach "irresponsible — and now they want a blank check."
Fast-moving wildfires in Washington destroy hundreds of homes
There were three fires in the Spokane area: the Old Trails Fire, the Fairview Fire and the Autumn Lane Fire.
Spain's Ceuta grapples with aftermath of border surge
Dozens died, and the tiny enclave of Ceuta was thrown into chaos earlier this week after a rush of migrants entered from Morocco.
U.S.
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Rep. Marcy Kaptur hospitalized after "hit-skip crash" in Toledo, police say
Democratic Rep. Marcy Kaptur's office said the congresswoman was a passenger and she was on her way to a church service when her vehicle was struck on Sunday.
Sen. Moreno says ex-son-in-law Max Miller shouldn't serve in Congress
GOP Sen. Bernie Moreno of Ohio said his former son-in-law, Rep. Max Miller, shouldn't serve in Congress amid swirling abuse claims, as Miller vowed to stay in the race for another term and strongly denied all allegations of misconduct.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 2, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Democratic Sen. Mark Kelly and Republican Rep. Mike Turner join Margaret Brennan.
Rep. Turner says infrastructure should be "hardened" as U.S. probes water cyberattack
GOP Rep. Mike Turner of Ohio said critical infrastructure assets "need to be hardened" as investigators are probing whether Iranian hackers are behind malicious cyber activity that affected technology at water systems in U.S. states last week.
Exclusive
ICE detentions set Trump-era high in July, as immigration crackdown widens
Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown.
MoneyWatch
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Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
Flights canceled as WestJet flight attendants strike over pay dispute
WestJet canceled more than 300 flights as of early Sunday, snarling travel plans in Canada in the middle of a three-day weekend.
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.
Politics
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Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
Rep. Marcy Kaptur hospitalized after "hit-skip crash" in Toledo, police say
Democratic Rep. Marcy Kaptur's office said the congresswoman was a passenger and she was on her way to a church service when her vehicle was struck on Sunday.
Sen. Moreno says ex-son-in-law Max Miller shouldn't serve in Congress
GOP Sen. Bernie Moreno of Ohio said his former son-in-law, Rep. Max Miller, shouldn't serve in Congress amid swirling abuse claims, as Miller vowed to stay in the race for another term and strongly denied all allegations of misconduct.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 2, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Democratic Sen. Mark Kelly and Republican Rep. Mike Turner join Margaret Brennan.
Transcript: Sen. Mark Kelly on "Face the Nation with Margaret Brennan," Aug. 2, 2026
The following is the transcript of an interview with Democratic Sen. Mark Kelly of Arizona that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
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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Transcript: Sen. Mark Kelly on "Face the Nation with Margaret Brennan," Aug. 2, 2026
The following is the transcript of an interview with Democratic Sen. Mark Kelly of Arizona that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
Firefighting helicopters collide in Greece amid European wildfire crisis
The aircraft were Bell helicopters operating over the Psatha area west of Athens, each with a two-person crew.
Trump admin. touts its transparency. Yet few Iran war details have been shared.
The Trump administration is offering the public less information about the Iran war and its direction, even as the costs continue to mount.
Transcript: Rep. Mike Turner on "Face the Nation with Margaret Brennan," Aug. 2, 2026
The following is the transcript of an interview with Republican Rep. Mike Turner of Ohio that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
Spain's Ceuta grapples with aftermath of border surge
Dozens died, and the tiny enclave of Ceuta was thrown into chaos earlier this week after a rush of migrants entered from Morocco.
Entertainment
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Entertainment
Scarlett Johansson, skin care mogul
Actress Scarlett Johansson has played many roles in her career – and now, the Tony-winner and two-time Oscar-nominee has taken on another: launching her new line of products, called The Outset, designed for people with sensitive skin (like hers). She talks with correspondent Tracy Smith about her skin struggles, and how husband Colin Jost has been a "guinea pig" for her products. (Originally broadcast April 12, 2026.)
Art made of money
Philadelphia-based artist Stacey Lee Webber has invested small coins and bills into her sculptures and jewelry – art made entirely of money. Correspondent Nancy Giles talks with the money-making artist whose creations can cost a pretty penny. (Originally broadcast April 12, 2026.)
8/2: Sunday Morning
Jane Pauley hosts our annual "Money Issue." Featured: Obstacles to home ownership; fighting health insurance denials; Chinese EVs; opposition to AI data centers; American Girl dolls; skin care mogul Scarlett Johansson; roller coasters; the popularity of Bingo!; and is your phone eavesdropping on you?
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.
A new high for roller coasters
Correspondent Lee Cowan reports on how the ups-and-downs of today's amusement park industry are being ridden via new technologies in roller coaster design, including the New Texas Giant (a hybrid wooden-and-steel roller coaster), and the Tormenta Rampaging Run (a "giga dive" coaster), at Six Flags Over Texas. (Originally broadcast April 12, 2026.)
Technology
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Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
CEO of AI firm Hugging Face on OpenAI hack
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.
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.
Resistance grows nationwide against AI data center boom
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications of such facilities in their backyards, are fighting back. "Sunday Morning" national correspondent Robert Costa examines the drive to construct AI data centers, and the debate between opponents and AI advocates. (Originally broadcast April 12, 2026.)
Does your phone eavesdrop on you?
When ads pop up on your phone for products after you've happened to mention them, is it an indication that advertisers are eavesdropping on you? Correspondent David Pogue checks out the facts about highly-targeted advertising, and why it sometimes gets weirdly specific. (Originally broadcast April 12, 2026.)
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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Crime
New details on deadly In-N-Out shooting
New details are emerging about this weekend's deadly mass shooting at an In-N-Out restaurant in Twin Falls, Idaho. At least three people were killed in the attack and seven others wounded. Lindsey Reiser reports.
Officials give update on In-N-Out shooting
Idaho authorities on Sunday offered new details about Saturday's shooting at an In-N-Out restaurant that killed three people and wounded several others. Jericka Duncan anchored CBS News' coverage.
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.
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
U.K. gyms built with knives taken off streets
More than ten tons of weapons from Britain's streets have been melted down and transformed into outdoor gyms across London. CBS News' Tina Kraus reports.
Dog rescue hires a cat to help boost adoptions
Muttville Senior Dog Rescue in San Francisco has brought on a cat to help determine how open the adoptable canines are to living with a feline. Itay Hod reports.
Inside the new melanoma treatment TIL
A treatment for advanced melanoma that's newly approved by the FDA is giving cancer patients new hope. Tumor-infiltrating lymphocyte, or "TIL" therapy, uses an individual's own tumor to help fight the disease. CBS News' Natalie Brand reports.
Some in Gen Z ditching smartphones
Gen Z grew up glued to smartphones, but a growing number are choosing to disconnect. They're ditching social media and, in some cases, their smartphones altogether. CBS News' Maya Blackstone reports.
Revisiting President Herbert Hoover's legacy
In West Branch, Iowa, the newly reimagined Herbert Hoover Presidential Library and Museum wants to shed a fresh light on what historians consider a mixed legacy. Lana Zak reports.