Despite slowing inflation, many Americans still struggling with high prices
For the first time in the U.S., credit card debt has surpassed $1 trillion.
Inflation
Biden says "economy remains strong"
President Biden praised the numbers in the latest consumer price index report saying it shows the "economy remains strong." The report shows inflation rose for the first time in 12 months, but not as much as experts predicted. CBS News senior White House correspondent Weijia Jiang has more.
U.S. inflation rises 0.2% in July, data shows
A new report from the Bureau of Labor Statistics shows prices for consumer goods rose two-tenths of a percent in July, bringing the annual level to 3.2%. Javier David, managing editor for business and markets for Axios, joined CBS News to go inside the numbers and discuss the possibility of further rate hikes.
Inflation rose in July, marking the first increase in a year
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
New jobs report shows solid labor market
The latest jobs report is showing a strong labor market in the face of inflation-fighting interest rate hikes, with 187,000 jobs added in July. And the unemployment rate is approaching a 50-year low at 3.5%. Daniel Zhao, lead economist at Glassdoor, joined CBS News to discuss the new numbers.
U.S. businesses add 187,000 jobs in July
U.S. businesses added 187,000 jobs in July, keeping pace with June's hiring as employers sought to add staff amid a tight labor market. Job growth has become more muted than earlier this year, Axios managing editor for business and markets Javier David joins CBS News to discuss why.
Where Biden's economic approval stands
President Biden has toured the U.S. touting his administration's economic policies, but do Americans approve of how he has handled the economy? CBS News' executive director of elections and surveys Anthony Salvanto joined "America Decides" to examine the results of new CBS polling on the topic.
Poll shows people pessimistic about economy
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
The economy's long, hot, and uncertain summer — CBS News poll
High prices and interest rates are still weighing on personal budgets.
Minneapolis Fed president on economy
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, discussed the bright spots on the economic front from last week.
Optimistic signs about the economy
There were some positive signs last week that the economy might be holding firm. Mark Strassmann has the details.
Fed hikes interest rates to highest level in more than 20 years
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
What another interest rate hike means
The Federal Reserve is expected to raise interest rates again Wednesday afternoon after pausing in June. CBS News business analyst Jill Schlesinger discusses how this hike will affect Americans.
Rate hike likely in effort to curb inflation
The Federal Reserve will wrap up a two-day policy meeting Wednesday, and it will likely raise interest rates again to fight inflation. The Fed's policies appear to be working, as inflation is sharply lower. But not all costs are coming down at the same time. Carter Evans reports.
11/1: CBS News Mornings
At least 14 hurt in Chicago shooting; Euro zone inflation hits record high 10.7% in October.
11/2: CBS News Mornings
North, South Korea exchange missile tests; Federal Reserve expected to raise interest rates as housing market sees slowdown.
Wages rising faster than inflation
For the first time since early 2021, the U.S. Labor Department says wages are rising at a faster rate than inflation. Compared with early 2021, wages are up about 4% while the Consumer Price Index has increased by about 3%. Amara Omeokwe, economics reporter at The Wall Street Journal, has more.
Drugmakers sue White House over pricing power
A centerpiece of President Biden's signature legislation, the Inflation Reduction Act, allows Medicare to negotiate lower prescription drug prices for seniors. Drug companies are fighting back in court, arguing the law violates their first and fifth constitutional rights. Health care attorney Harry Nelson joins CBS News to examine the legal battle.
10/20: CBS News Mornings
Poll shows tight race for Nevada's next U.S. senator; recent study shows over half of Americans considered second job due to inflation.
10/19: CBS News Mornings
Inflation in Britain reaches 40-year high; Biden to release 15 million barrels from oil reserve.
10/14: CBS News Mornings
Never-before-seen video from January 6 shows lawmakers in hiding, seeking help to stop the riot; California serial killer may also be connected to Chicago murders.
9/15: CBS News Mornings
White House announces "tentative" railroad deal with union reps; All-female wrestling league returns for new season.
9/6: CBS News Mornings
Judge grants Trump's request for special master; American Frances Tiafoe advances at U.S. Open
9/26: CBS News Mornings
At least 13 are dead in a school shooting in Central Russia; Interest rate hikes are being used to combat inflation.
9/14: CBS News Mornings
Package explodes at Northeastern University; Senate and governor races intensify in key swing state
Live
Iran war keeps Strait of Hormuz paralyzed and gas prices on the rise
The Iran war could escalate further as President Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Trump urges other nations to help open Strait of Hormuz
In remarks ahead of a meeting with the Kennedy Center board of trustees, Mr. Trump provided an update on the ongoing conflict with Iran.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Ex-wife told 911 the Michigan synagogue attacker was "not stable" before incident
A person believed to be the ex-wife of the suspect in the attack at Michigan's Temple Israel told authorities that the suspect was "not stable" ahead of the attack, according to a 911 call obtained by CBS News Detroit.
Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Cuba plans to open up to investment from nationals in U.S. amid pressure from Trump
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
U.S.
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Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Trump requests delay of China trip because of Iran war
President Trump was planning to visit China at the end of March.
MoneyWatch
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Costco recalls meatloaf meal due to salmonella risk
Costco is recalling a meatloaf and potato meal kit because one of its ingredients may be contaminated with salmonella.
Hyundai stops sales of some 2026 models after a child's death
Hyundai's announcement came after a child died in an incident involving a Palisade vehicle, which the car maker said is still under investigation.
With gas prices still rising, experts recommend 3 ways to save fuel
Small adjustments, like maintaining a steady speed while driving, can help maximize fuel efficiency, experts say.
Gas prices edge higher with Brent crude remaining above $100 per barrel
Gas prices have jumped almost 79 cents per gallon from a month ago, raising fresh inflation concerns.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Politics
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Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Trump requests delay of China trip because of Iran war
President Trump was planning to visit China at the end of March.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
HealthWatch
More HealthWatch
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
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.
World
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At least 23 dead in suspected suicide bombings in Nigeria, police say
At least 23 people were killed and more than 100 wounded in suspected suicide bombings in Maiduguri, Nigeria, police said. It was one of the deadliest attacks in the conflict-battered city in recent history.
Pakistani strike hits rehab hospital in Afghanistan, Taliban says
The Taliban in Afghanistan claim that a Pakistani military airstrike on a drug rehabilitation hospital in Kabul has killed over 400 people, but Pakistan alleges the site was a weapons depot.
Trump requests delay of China trip because of Iran war
President Trump was planning to visit China at the end of March.
Cuba plans to open up to investment from nationals in U.S. amid pressure from Trump
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
Cuba begins restoring power after energy grid collapses in nationwide blackout
The latest blackout in Cuba comes over a week after another massive outage affected the island's west, leaving millions without power.
Entertainment
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Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Stars walk Vanity Fair Oscar Party red carpet
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
Did "Sinners" get snubbed at the Oscars?
The 2026 Academy Awards were held in Los Angeles on Sunday. Entertainment Tonight host Kevin Frazier breaks down the winners and the biggest upsets.
Oscars 2026 best dressed
CBS News contributor Lauren Sherman breaks down some of the best looks from the 2026 Oscars, where looks from Chanel and Dior dominated the red carpet.
Lizzo announces children's book
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
Technology
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Technology
U.S. hospitals, insurers turn to AI for claims
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
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.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
3 teens took part in a weeklong experiment to curb screen time. It worked.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
Science
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Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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.
Crime
More Crime
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins convicted of murdering husband
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Suspect in California teen's 2019 disappearance rearrested, indicted in her killing
Authorities have made an arrest in the cold case disappearance of California teenager Victoria Marquina.
Closing arguments in Kouri Richins trial
Closing arguments are expected to begin on Monday in Kouri Richins' murder trial. She's accused of giving her husband a deadly dose of fentanyl four years ago before she later published a children's book about grief. The case included 13 days of testimony, but the defense did not call any witnesses. If convicted, Richins could face life in prison.
Space
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Space
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
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.
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Notable Deaths in 2026
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Evidence in the Barbara Kendhammer case
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Latest CBS News Videos
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Latest CBS News Videos
Kouri Richins convicted of murdering husband
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
3/16: The Takeout with Major Garrett
Trump calls for other countries to help open Strait of Hormuz; White House chief of staff Susie Wiles diagnosed with breast cancer.
An Oscar for a film meant to make us feel again
For years, CBS News' own Steve Hartman and photographer Lou Bopp documented the bedrooms of children killed in school shootings. The resulting film, "All the Empty Rooms," just won an Oscar. Tony Dokoupil has more.
Tips for braving airport chaos this spring break
With the spring and summer travel seasons on the horizon, many are wondering how worried to be about long security lines at the airport. Brian Kelly, founder of The Points Guy website, joins to discuss.
Iran strikes U.S. oil tanker in Strait of Hormuz
Since the start of the U.S. and Israel's war with Iran just over two weeks ago, 500 tankers have been stuck by Iran in the Strait of Hormuz. Imtiaz Tyab reports.