Biden unveils new economic plan
President Biden has unveiled his new plan for the U.S. economy. During a speech in Chicago, he touted growing the economy by focusing on expanding the middle class. CBS News White House reporter Bo Erickson has more.
Inflation
Cheaper chicken, gas: Some prices are easing this July Fourth
Cookout costs will vary, but Americans hitting the road are about to save $2.6 billion on gas this holiday weekend over last year.
Biden touts economic record in Chicago, hoping to convince skeptical public
President Biden had a tough sell Wednesday, trying to convince voters that the U.S. economy is flourishing.
Funflation? Summer spending driving up prices
Central banks on both sides of the Atlantic say more interest rate hikes are likely this fall as they grapple with stubborn inflation. And economists say consumers are still spending money on fun experiences this summer, driving prices even higher. Bernhard Warner, senior editor for The New York Times' Dealbook, joins CBS News with more.
Brides turn to secondhand dresses as inflation drives up wedding costs
A growing number of brides across the country are finding bliss in pre-loved wedding dresses.
In some U.S. cities the war on inflation is already won
In some areas inflation has fallen below 2%, while in other regions prices are still spiraling upward. Why?
How "revenge spending" led to price hikes
Economists say the U.S. witnessed two years of so-called "revenge spending" following the COVID-19 lockdowns. But this summer could mark a shift back to normal spending habits, which could help ease inflation. Jeanna Smialek, a federal reserve and economy reporter for the New York Times, joined CBS News to talk about the trend.
Europe's economy grew in 2023 first quarter
The European Union registered a slender growth of 0.3% while the Eurozone, countries which use the Euro currency, grew by 0.1% in the first quarter of 2023. Although the European Union avoided a recession, inflation remains high. Brendan McKenna, an international economist for Wells Fargo, joined Anne-Marie Green on CBS News Mornings to discuss the latest.
Americans continue spending as inflation cools
Americans are still spending as inflation has finally shown signs of cooling. Still, there are some troubling economic signs. Mark Strassmann breaks it all down.
Economy sends mixed signals
For the first time in 15 months, the Fed paused hikes in interest rates as inflation has started to wane — although it remains high. Mark Strassmann reports.
Drivers see some relief at the pump this summer
Though still high, the price of gas is down significantly from what it was a year ago. The national average for a gallon of regular Saturday was $3.58, according to AAA. This time last year, it was more than $5. Michael George has more.
Wedding costs are rising. Here's how to tie the knot on a budget.
Skyrocketing inflation is driving up the price of venues, catering and flowers — but there are ways to trim costs.
Beyoncé concerts blamed for Swedish inflation
In May, Sweden reported an inflation rate of 9.7%, and analysts say about 0.2% of that was due to Beyoncé starting her "Renaissance" world tour in Stockholm. The concerts sparked a frenzy that drove demand for hotels and restaurants, making prices soar to new highs.
Closer look at inflation and interest rate
CBS News business analyst Jill Schlesinger breaks down the decision by the Federal Reserve to pause raising interest rates this month, and how the U.S. is doing with inflation.
Beyoncé single-handedly raised a country's inflation
Sweden sees 0.2% "Beyoncé blip" in inflation as fans flock to Stockholm for singer's World Renaissance Tour.
Federal Reserve pauses interest rate hikes
For 15 months the Federal Reserve has been trying to catch up to rising inflation by slowing economic activity. The central bank announced Wednesday it will not increase interest rates for now, but warned that the pause may not last long. CBS News senior White House correspondent Weijia Jiang reports.
Why the Fed paused interest rate hikes
For the first time since March 2022, the Federal Reserve will not be raising interest rates. J.D. Durkin, on-air host for digital financial news platform TheStreet, joins CBS News to discuss the Fed's path forward.
Fed hits pause on interest rates hikes
After 10 straight interest rate hikes done in an effort to combat inflation, the Federal Reserve on Wednesday chose to pause those rate hikes. However, Federal Reserve Chair Jerome Powell did signal that more rate hikes could be coming later this year. Weijia Jiang has more.
Federal Reserve pauses interest rate hikes
The Federal Reserve has decided to leave interest rates unchanged after a Consumer Price Index report this week showed inflation is cooling. CBS News business analyst Jill Schlesinger and Javier David, managing editor for business and markets at Axios, have more.
White House sees "progress" on inflation
Addressing the latest Consumer Price Index, President Biden said in a statement Tuesday that there was "continued progress tackling inflation," but "more work to do." The Biden administration also announced Wednesday that Secretary of State Antony Blinken will head to China this week. CBS News chief White House correspondent Nancy Cordes has more.
Inflation falls for 11th straight month
Inflation fell to 4% in May, the lowest rate since hitting a peak of 9.1% in June 2022. The welcome news may dissuade the Federal Reserve from raising interest rates for an 11th time. CBS News chief White House correspondent Nancy Cordes reports.
Fed expected to pause interest rate hikes
Inflation was lower in May, falling for the 11th straight month. And that could mean no more Federal Reserve interest rate hikes, at least for now. CBS News chief White House correspondent Nancy Cordes has more.
Inflation cools to lowest rate in 2 years
Consumer prices were up 4% from a year ago, according to the Department of Labor. That's the lowest inflation rate since 2021, although shoppers are still seeing rising prices at the grocery store. Carter Evans reports.
Inflation falls to lowest level in 2 years
The Labor Department reported Tuesday that the inflation rate for the month of May fell to 4% -- the lowest level in more than two years. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joined CBS News to break down the numbers.
Rate hike pause after inflation report?
The latest consumer price index shows inflation is cooling. Prices rose 0.1% last month. Lori Bettinger, former director of the TARP Capital Purchase Program at the Department of the Treasury, has more on what this could mean for future interest rate hikes.
Suspect sent "manifesto" to family before dinner, source tells CBS News
Cole Allen, 31, sent some of his writings to members of his family before the attempted attack on Saturday.
Weijia Jiang: I was on stage last night with the president. This is what I saw.
CBS News senior White House correspondent Weijia Jiang was sitting next to President Trump at the White House Correspondents' Dinner when the chaos unfolded.
Live
New details emerge in White House Correspondents' Dinner shooting
President Trump was safely evacuated from the White House Correspondents' Association Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
Live
Iran's foreign minister returns to Pakistan after U.S. envoys' trip canceled
Iranian Foreign Minister Abbas Araghchi returned to Islamabad on Sunday, where he is expected to participate in talks focused on ending the war with the U.S., Iranian state media reported.
Minute by minute: How the White House Correspondents' Dinner shooting unfolded
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night following a shooting outside the ballroom of the Washington Hilton Hotel.
What we know about the suspect in shooting at White House Correspondents' Dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Mexico says 2 CIA agents killed in crash weren't authorized to participate in local raid
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
Northern Ireland homes evacuated after reports of car bomb explosion
Police in Northern Ireland declared a security alert in the town of Dunmurry, on the outskirts of Belfast, after reports that a car bomb exploded near a police station.
Trump to join "60 Minutes" as new details emerge about press gala suspect
Sources told CBS News that Cole Allen, 31, had written a "manifesto" and said he planned to target administration officials.
U.S.
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Weijia Jiang: I was on stage last night with the president. This is what I saw.
CBS News senior White House correspondent Weijia Jiang was sitting next to President Trump at the White House Correspondents' Dinner when the chaos unfolded.
Suspect sent "manifesto" to family before dinner, source tells CBS News
Cole Allen, 31, sent some of his writings to members of his family before the attempted attack on Saturday.
Blanche: Authorities believe suspect was targeting Trump administration officials
Law enforcement apprehended 31-year-old Cole Allen after he charged a security checkpoint outside the White House Correspondents' Association Dinner.
Blanche says Trump's public appearances won't change because of this "lone man"
"If one of his goals was to get us to be scared, he failed," Acting Attorney General Todd Blanche said Sunday.
Minute by minute: How the White House Correspondents' Dinner shooting unfolded
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night following a shooting outside the ballroom of the Washington Hilton Hotel.
MoneyWatch
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Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
The Iran war's economic hit could linger through 2026, economists say
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Trump extends Jones Act waiver for another 90 days
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Trader Joe's customers sue over coffee's caffeine levels
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
IEA says Iran war will keep the natural gas market tight for two years
The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
Politics
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Transcript: Rep. Jamie Raskin on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Rep. Jamie Raskin, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Transcript: Sir Christian Turner, U.K. ambassador to the U.S., on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Sir Christian Turner, U.K. ambassador to the U.S., that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Weijia Jiang: I was on stage last night with the president. This is what I saw.
CBS News senior White House correspondent Weijia Jiang was sitting next to President Trump at the White House Correspondents' Dinner when the chaos unfolded.
Transcript: Sam Vinograd and AT Smith on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with CBS News national security contributor Sam Vinograd and CBS News law enforcement analyst AT Smith that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Weijia Jiang on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with White House Correspondents' Association President and senior CBS News correspondent Weijia Jiang that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
HealthWatch
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A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Medigap premiums leap, and consumers have few alternatives
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
World
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Transcript: Rep. Jamie Raskin on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Rep. Jamie Raskin, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Transcript: Sir Christian Turner, U.K. ambassador to the U.S., on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Sir Christian Turner, U.K. ambassador to the U.S., that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Transcript: Sam Vinograd and AT Smith on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with CBS News national security contributor Sam Vinograd and CBS News law enforcement analyst AT Smith that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Weijia Jiang on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with White House Correspondents' Association President and senior CBS News correspondent Weijia Jiang that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Transcript: Chevron CEO Mike Wirth on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Chevron CEO Mike Wirth that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Entertainment
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Entertainment
4/26: Sunday Morning
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
Kacey Musgraves on writing lyrics: "There is no greater drug"
A couple of years ago, the Grammy-winner went home to East Texas to heal from a breakup. She talks about how her "Dry Spell" led to a creative monsoon – her latest album, "Middle of Nowhere."
Extended interview: Kacey Musgraves
In this web exclusive, Grammy-winning singer-songwriter Kacey Musgraves talks with correspondent Anthony Mason about her latest album, "Middle of Nowhere," a record inspired by loneliness following a breakup, and how she grew to feel empowered by the concept of liminal space.
Kacey Musgraves on "Middle of Nowhere"
A couple of years ago, Grammy-winner Kacey Musgraves went home to east Texas to heal from a breakup. She tells Anthony Mason that in writing her latest album, "Middle of Nowhere," she learned how to embrace being alone. She also talks about the influence of her mentor, singer-songwriter John Prine, and how the emotions of her latest songs poured out of loneliness.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including acclaimed conductor Michael Tilson Thomas.
Technology
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How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
How data centers are impacting Americans
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
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.
Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Why phone-free parties are gaining popularity
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
Science
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Science
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
60-foot octopus ruled the seas during age of dinosaurs, fossils show
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Mysterious "golden orb" found in deep sea in 2023 is finally identified
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Salmon exposed to cocaine swim almost twice as far, study shows
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
Crime
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Crime
U.K. ambassador: "Very confident" of security
Sir Christian Turner, the British ambassador to the U.S., told "Face the Nation with Margaret Brennan" that he is "very confident" that King Charles and Queen Camilla will have the "very best security" in their visit to the White House this week.
Podcast helps Louisiana police arrest 4 suspects in girl's 1982 murder
Police credited the podcast with generating crucial tips from the public and prompting new witnesses to approach investigators.
Suspect sent "manifesto" to family before dinner, source tells CBS News
Cole Allen, 31, sent some of his writings to members of his family before the attempted attack on Saturday.
What we know about the suspect in shooting at White House Correspondents' Dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Trump speaks on WHCA shooting | Special Report
President Trump took questions Saturday night after a shooting broke out at the White House Correspondents' Association Dinner. A 31-year-old suspect is in custody. CBS News' Carissa Lawson and Tony Dokoupil anchored this special report.
Space
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
4/26: Sunday Morning
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
Security response to press dinner shooting
A.T. Smith, former deputy director for the U.S. Secret Service, and CBS News law enforcement contributor Rodney Harrison break down the security response to Saturday night's shooting at the White House Correspondents' Dinner. Then, CBS News legal reporter Katrina Kaufman shares her experience from Saturday and discusses the suspect's upcoming court appearance.
Jiang recounts correspondents' dinner shooting
White House Correspondents Association President Weijia Jiang was sitting next to President Trump when shots rang out at the organization's dinner Saturday night. She recalled the moment.
U.K. ambassador: "Very confident" of security
Sir Christian Turner, the British ambassador to the U.S., told "Face the Nation with Margaret Brennan" that he is "very confident" that King Charles and Queen Camilla will have the "very best security" in their visit to the White House this week.
Raskin on DHS funding standoff
Democratic Rep. Jamie Raskin told "Face the Nation with Margaret Brennan" that "I certainly hope" the shooting at the White House Correspondents' Dinner marks a turning point in the standoff in Congress about the funding standoff.