Food prices are surging. Here's where that money goes.
A dollar spent on food is split up among a dozen industries, many of which are seeing their own prices rise.
Inflation
Number of U.S. job openings fell sharply in February
Job vacancies slipped to less than 10 million last month, the fewest since May 2021 and a sign the job market is cooling.
Interest rates on car loans spike
High interest rates on car loans are impacting car sales. Keith Naughton, a reporter for Bloomberg News, shares more information on CBS News.
Oil prices soar after OPEC+ announces production cuts
Surprise move by Saudi Arabia and other oil exporters to curb production could boost U.S. gasoline prices, analysts say.
Europe sees conflicting economic data
New data shows some European nations are seeing inflation slow to its lowest level in a year. However, the same report shows upward pressure on prices and a rise in core inflation. CBS News anchors Weijia Jiang and Jim Axelrod spoke with Barron's reporter Megan Cassella about what this means for policymakers trying to stabilize Europe's economy.
Key inflation gauge slowed in February
A key inflation gauge tracked closely by the Federal Reserve slowed sharply in February. The release of the personal consumption expenditures price index Friday comes after the central bank raised interest rates for the ninth time in about a year. Ann Berry, the founder of Threadneedle, joined Jim Axelrod and Weijia Jiang to discuss that and other economic news.
Fake job listings are a growing problem
Federal data shows there are more than 10 million job openings across the U.S. But a new report shows not all of those jobs really exist. CBS MoneyWatch associate managing editor Irina Ivanova joined Errol Barnett and Lana Zak to discuss.
Unemployment up; revised GDP data released
Initial unemployment benefits ticked up for the first time in three weeks and revised federal data showed the fourth quarter GDP trimmed slightly at a 2.6% annual rate. CBS News contributor and managing editor for business and markets at Axios, Javier David joined Anne-Marie Green and Vladimir Duthiers to discuss these key economic indicators.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
How to use your tax refund to fight inflation
Over half of tax filers expect to receive refunds. Here's how to use that money to offset rising costs of everyday items.
Investors mull latest interest rate hike
CBS News business analyst Jill Schlesinger and J.D. Durkin, host of "The Street," join Errol Barnett and Elaine Quijano to discuss this week's market movers on Wall Street.
Home renovation costs, delays on the rise
Home repairs and renovations can be daunting for anyone with delays and unexpected costs throwing a wrench into plans. A recent article in the Wall Street Journal found that since the pandemic started, some projects have turned into never-ending nightmares with more time and money needed to complete them. Wall Street Journal reporter Rachel Wolfe and general contractor Miguel Villamil joined CBS News to discuss.
More than a third of U.S. adults are stressed out over money
Stubbornly high inflation and mounting debt are weighing on many people's finances — and their minds.
U.K. interest rates at 15-year high
The Bank of England has raised interest rates to their highest level in 15 years. CBS News anchors Meg Oliver and Errol Barnett spoke with foreign correspondent Imtiaz Tyab about what this means for residents and the economy.
Stocks rally despite banking concerns
Stocks closed in the green one day after the Federal Reserve announced a quarter-point interest rate hike. Washington Post economics reporter Rachel Siegel joined CBS News to discuss what the move means for investors.
Impact of Fed raising interest rates again
The Federal Reserve raised interest rates another quarter-point in an effort to ease inflation. In the U.K., the Bank of England also raised rates. CBS News contributor and Axios managing editor for business and markets Javier David discusses the impact with anchors Anne-Marie Green and Vlad Duthiers.
Americans voice confidence in their banks, but inflation woes continue
They say government helps wealthy more than middle class amid bank issues.
Federal Reserve raises interest rates
The Federal Reserve is raising interest rates again in an effort to ease inflation. The quarter-point hike comes amid increased concern over the U.S. banking system. CBS News political correspondent Caitlin Huey-Burns joins "Red and Blue" to discuss the White House's response.
What to expect from today's Fed meeting
The Federal Reserve will decide whether it needs to boost interest rates again at a meeting Wednesday. Inflation still remains high, but the nation's recent banking crisis is causing concern over how the Fed should respond. CBS News senior White House and political correspondent Ed O'Keefe has more, and then Ann Berry, the founder of Threadneedle Strategies, joins CBS News to discuss the next steps for the Fed.
White House economy official on bank failures
Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and stubbornly high inflation.
Fed set to make pivotal decision on rates
The Federal Reserve is widely expected to raise interest rates for ninth time in roughly the span of a year today. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to discuss what analysts are anticipating and the significance of the central bank's forthcoming decision.
Interest rate decision expected from Fed
The Federal Reserve is expected to announce its latest decision on interest rates Wednesday afternoon. CBS News reporter Sarah Ewall-Wice joins "CBS News Mornings" to explain how the banking crisis is playing into the decision and what makes it different from the 2008 financial crisis.
Protest chaos as economic crisis leaves Lebanese "struggling to survive"
"If our demands are not met, we will go back to the streets and escalate," one retired military general and protest leader told CBS News.
Federal Reserve faces key decision
The Federal Reserve will announce its rate decision after several recent bank failures have shaken the industry. Real estate has been among the most impacted sectors. Ed O'Keefe reports.
More Americans can't pay their bills. Here's where it's worst.
More than a third of consumers are struggling to stay afloat, but the problems are worse in some states.
Trump "wasn't worried" during White House Correspondents' Dinner
President Trump details his experience at the White House Correspondents' Dinner, where a gunman charged toward the ballroom. He says he wasn't worried, and praised the actions of law enforcement.
Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
Weijia Jiang: I was on stage 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 on shooting at White House Correspondents' Dinner
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
Oil prices rise as U.S. and Iran appear locked in a costly stalemate
Energy prices keep rising with no sign of progress toward a deal to end the U.S.-Iran standoff and Hezbollah rejecting the Lebanon ceasefire.
King Charles arriving for visit with Trump at a fraught time
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
What's in the "manifesto" of the White House Correspondents' Dinner shooting suspect
Cole Allen, 31, sent an email to family members shortly before the annual press gala, officials told CBS News.
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.
Human remains found in search for missing Florida doctoral student
Hisham Abugharbieh, 26, has been charged with the murders of Nahida Bristy and Zamil Limon, whose body was found Friday.
U.S.
More U.S.
Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
Photos show British royal visits to the U.S. over the years
King Charles is making his first state visit to the U.S. as monarch, though he traveled here 19 times before his coronation. Many of his royal relatives have also made memorable trips over the years.
Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Human remains found in search for missing Florida doctoral student
Hisham Abugharbieh, 26, has been charged with the murders of Nahida Bristy and Zamil Limon, whose body was found Friday.
Another strike on alleged drug boat kills 3 in eastern Pacific, military says
The latest U.S. military strike on a boat accused of ferrying drugs in the eastern Pacific Ocean killed three people Sunday.
MoneyWatch
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Prediction markets in hot seat over rogue bettors and insider trading
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
Tillis says he's ready to move forward with Warsh's nomination for Fed chair
U.S. Attorney Jeanine Pirro said Friday her office is dropping its criminal investigation into Fed Chairman Jerome Powell and the $2.5 billion renovation of the central bank's headquarters.
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.
Politics
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Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
King Charles arriving for visit with Trump at a fraught time
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
Another strike on alleged drug boat kills 3 in eastern Pacific, military says
The latest U.S. military strike on a boat accused of ferrying drugs in the eastern Pacific Ocean killed three people Sunday.
Ben Sasse on Senate's "smack-down nonsense" and his wish for America
Former Sen. Ben Sasse, who was diagnosed with pancreatic cancer late last year, spoke to CBS News about why Congress is dysfunctional, the promises and risks of AI and his wish for the country.
Full transcript of "Face the Nation with Margaret Brennan," April 26, 2026
On this "Face the Nation with Margaret Brennan" broadcast, acting Attorney General Todd Blanche and Chevron CEO Mike Wirth join Margaret Brennan.
HealthWatch
More HealthWatch
Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
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.
World
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Live
Oil prices rise as U.S. and Iran appear locked in a costly stalemate
Energy prices keep rising with no sign of progress toward a deal to end the U.S.-Iran standoff and Hezbollah rejecting the Lebanon ceasefire.
22 Buddhist monks arrested at airport after record drug bust
The group, returning home after a vacation in Thailand, had Kush -- a potent, plant-based strain of cannabis -- hidden in their luggage, officials said.
King Charles arriving for visit with Trump at a fraught time
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
Photos show British royal visits to the U.S. over the years
King Charles is making his first state visit to the U.S. as monarch, though he traveled here 19 times before his coronation. Many of his royal relatives have also made memorable trips over the years.
Another strike on alleged drug boat kills 3 in eastern Pacific, military says
The latest U.S. military strike on a boat accused of ferrying drugs in the eastern Pacific Ocean killed three people Sunday.
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
More Crime
22 Buddhist monks arrested at airport after record drug bust
The group, returning home after a vacation in Thailand, had Kush -- a potent, plant-based strain of cannabis -- hidden in their luggage, officials said.
Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
Human remains found in search for missing Florida doctoral student
Hisham Abugharbieh, 26, has been charged with the murders of Nahida Bristy and Zamil Limon, whose body was found Friday.
Breakdown of correspondents' dinner shooting
Nancy Cordes has a timeline of Saturday night's shooting at the White House Correspondents' Dinner, details on the suspect and info on the site of the attack.
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.
Space
More Space
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
Dangerous storms sweep South, Midwest
Powerful tornadoes and dangerous storms swept across parts of the central U.S. over the weekend, reducing homes to rubble in some communities. Millions of Americans remain at risk of severe weather on Monday. Nicole Valdes reports.
Security at Correspondents' Dinner shooting
Aaron MacLean, a CBS News national security analyst who was at the White House Correspondents' Dinner, describes what happened and breaks down the security measures at the event.
Timeline of Correspondents' Dinner shooting
New details are emerging about the alleged gunman in the White House Correspondents' Dinner shooting, including how he evaded security. Matt Gutman reports on how the incident unfolded.
Trump on Correspondents' Dinner shooting
In a broadcast exclusive interview, President Trump spoke with Norah O'Donnell on 60 Minutes about the shooting at the White House Correspondents' Dinner, the Secret Service's response and the alleged gunman.
Eye Opener: Latest on Correspondents' Dinner
President Trump in an exclusive 60 Minutes interview describes the attack at the White House Correspondents' dinner. Plus, new details emerge about the alleged gunman at Saturday's gala, who police say wanted to "shoot top officials." All that and all that matters in today's Eye Opener.