Claims for jobless aid fall to lowest level in 4 months
Despite a spike in tech layoffs, most U.S. employers are holding on to their workers amid a tight job market.
Inflation
Dow drops on negative retail sales report
The Dow Jones dropped more than 600 points Wednesday following the release of the December retail sales report by the U.S. Commerce Department. Kayla Bruun, an economic analyst for "Morning Consult", joined CBS News to provide her reaction to the report.
Market has biggest pullback of the year, led by tech
Dow falls more than 600 points, while sharp drop wipes out S&P 500's gains from last week.
The high cost of health care in America
The latest Gallup poll shows a record number of Americans delayed medical care in 2022 because they could not afford it. Pediatric airway surgeon Dr. Susannah Hills joined CBS News to break down the data.
Party City files for bankruptcy protection amid rising prices
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
Thousands of U.K. nurses walk out as wave of strikes continues
Key health and transport workers, driving instructors, bus drivers and postal workers have all gone on strike in recent months in a standoff with the government.
What is causing egg prices to skyrocket?
Inflation has slowed for six months straight, but some grocery store staples have continued to skyrocket in price. Among items leaving consumers shell-shocked at the increased cost: eggs. Carter Evans takes a look.
Egg prices have soared 60% in a year. Here's why.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
IRS says tax refunds may be smaller
Tax season begins on Monday, and taxpayers should expect some changes this year. The IRS warned refunds could be smaller because of the expiration of COVID-19 relief initiatives. CBS MoneyWatch associate managing editor Aimee Picchi joined CBS News to discuss.
4 ways parents can cut their child care costs in 2023
As the new year kicks off, here are some tips for parents looking to save money amid high inflation.
GM president on future of electric vehicles
Popularity of electric vehicles soared in 2022 with around 7.8 million units sold globally. General Motors President Mark Reuss joined CBS News to discuss Chevrolet's new fully electric Corvette and the future of the electric vehicle industry.
What are the chances of a U.S. recession?
Despite signs of inflation easing up, many economists are still expecting the U.S. to fall into a recession. CBS News' Tony Dokoupil and Lana Zak are joined by Harriet Torry, economics reporter for the Wall Street Journal, to discuss the economic outlook.
World Economic Forum begins in Davos
World leaders and executives are gathering in Switzerland for the annual World Economic Forum. Simon Kennedy, executive editor for economics at Bloomberg News, joins "CBS News Mornings" to explain the main focus points for this year's meeting and how it differs from prior ones.
As Davos kicks off, Oxfam calls for tax on food companies
"Very large food and energy companies are making excessive profits," anti-poverty group chief said.
Margarine and butter prices are surging. Here's why.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
U.K. economy facing challenges
The British GDP grew slightly in the month of November, beating expectations from economists. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Anne-Marie Green to discuss what the numbers mean, as well as the impact of loosened travel restrictions for China's economy.
High housing costs force young adults to move home
Inflation appears to be slowing, as the Consumer Price Index fell to 6.5% in December. But the price of some items — like eggs — is skyrocketing. The high cost of housing is also having an impact on young people, forcing many to move home with their parents. Nancy Chen takes a look.
CPI report indicates inflation is slowing
The Consumer Price Index fell in December for the sixth straight month. It could be a sign the Federal Reserve will soon ease up on its aggressive interest rate hikes. Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, joined to CBS News for what this news means for the U.S. economy in 2023.
Inflation slowed to 6.5% in December from a year ago
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Americans' car debt reached $1.5 trillion
Americans owed more than $1.5 trillion on their car loans in the third quarter. New York Times business reporter Jack Ewing joins CBS News' Debra Alfarone to discuss a potential car bubble, inflation and rising interest rates and advice for consumers.
Stock market update & Big Tech layoffs
Stocks climbed Thursday after the latest Consumer Price Index report showed inflation slowing. But Big Tech companies are still going through a series of layoffs. Insider startups and VC reporter Samantha Stokes joined CBS News to discuss the latest on the economy.
Consumer prices rose more slowly in December
There is some positive news in the battle to tame inflation: the Consumer Price Index fell slightly from November to December, marking the sixth straight month of decelerating prices. CBS News reporter Sarah Ewall-Wice joins us with more.
As inflation eases, U.S. economy looks a little less bleak
With inflation showing signs of cooling down, Americans may yet evade a recession, experts said.
25,000 U.K. ambulance workers go on strike in blow to health service
"People are waiting longer because we can't get to them. It's a lack of capacity in every department," said one ambulance worker.
World Bank cuts 2023 global growth projection
As high inflation elevates the risk of a worldwide recession, the World Bank has lowered its growth forecast for the global economy. Paul Hannon, a reporter for The Wall Street Journal, joined "CBS News Mornings" to discuss.
Americans weigh in on cost of living, Trump, expectations for 2026 in poll
More see Trump's policies responsible for economy today than Biden's; there are also concerns about AI impact on jobs.
Hassett says $2,000 tariff checks for Americans will depend on Congress
Director of the National Economic Council Kevin Hassett said Sunday that President Trump's idea to give Americans $2,000 checks funded by tariff revenue will "depend on what happens with Congress."
Khanna says DOJ Epstein files release was a "slap in the face" to survivors
Rep. Ro Khanna said the release of an initial tranche of files and photos related to late sex offender Jeffrey Epstein was a "slap in the face of survivors," while Rep. Thomas Massie said the DOJ is "flouting the spirit and the letter of the law."
U.S. Coast Guard pursuing third oil tanker off Venezuela coast, source says
The pursuit of the tanker, off the coast of Venezuela, is the second such operation this weekend and the third in less than a week.
Thousands of mourners gather at Bondi Beach to honor attack victims
Prime Minister Anthony Albanese, whose government earlier this year recongized a Palestinian state, was booed by the crowd.
Israel's Cabinet approves 19 new settlements in West Bank
The latest approvals bring the total number of new settlements over the past two years to 69, Finance Minister Betzalel Smotrich posted on social media.
Suspected Brown and MIT professor shooter showed signs of anger, former friend says
A former friend of the man accused of the deadly Brown University shooting and killing an MIT professor described him as a "socially awkward" person who showed signs of anger during their time on campus together.
MS-13 gang member sentenced to 1,335 years in prison in El Salvador
Earlier this year, the U.S. designated MS-13, which was formed in Los Angeles in the 1980s by Salvadoran immigrants, a terrorist organization.
Rob Reiner's friends and colleagues share fond and funny memories
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
U.S.
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Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Georgetown coach suspended for one game for water bottle throw
Georgetown men's basketball coach Ed Cooley was suspended by the school on Sunday for one game after throwing a water bottle into the stands at the end of a loss to Xavier the night before.
Full transcript of "Face the Nation with Margaret Brennan," Dec. 21, 2025
On this "Face the Nation with Margaret Brennan" broadcast, Reps. Thomas Massie and Ro Khanna join Margaret Brennan.
Khanna says DOJ Epstein files release was a "slap in the face" to survivors
Rep. Ro Khanna said the release of an initial tranche of files and photos related to late sex offender Jeffrey Epstein was a "slap in the face of survivors," while Rep. Thomas Massie said the DOJ is "flouting the spirit and the letter of the law."
Hassett says $2,000 tariff checks for Americans will depend on Congress
Director of the National Economic Council Kevin Hassett said Sunday that President Trump's idea to give Americans $2,000 checks funded by tariff revenue will "depend on what happens with Congress."
MoneyWatch
More MoneyWatch
Rome introduces tourist fee for some Trevi fountain visitors
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
Want to work in AI? Here are the skills to master, economist says
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Here's how much ACA costs would have risen this year without subsidies
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Trump reaches deal with 9 major drugmakers to lower prices
Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.
Judge in nursing home bankruptcy case gives families fresh hope
A bankruptcy judge blocked an attempt by a nursing home chain's primary investor to shield himself from settlement payments and liability in lawsuits over allegations of poor care.
Politics
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Full transcript of "Face the Nation with Margaret Brennan," Dec. 21, 2025
On this "Face the Nation with Margaret Brennan" broadcast, Reps. Thomas Massie and Ro Khanna join Margaret Brennan.
U.S. Coast Guard pursuing third oil tanker off Venezuela coast, source says
The pursuit of the tanker, off the coast of Venezuela, is the second such operation this weekend and the third in less than a week.
Khanna says DOJ Epstein files release was a "slap in the face" to survivors
Rep. Ro Khanna said the release of an initial tranche of files and photos related to late sex offender Jeffrey Epstein was a "slap in the face of survivors," while Rep. Thomas Massie said the DOJ is "flouting the spirit and the letter of the law."
Transcript: Reps. Thomas Massie and Ro Khanna on "Face the Nation with Margaret Brennan," Dec. 21, 2025
The following is the transcript of the interview with Reps. Thomas Massie, a Kentucky Republican, and Ro Khanna, a California Democrat, that aired on "Face the Nation with Margaret Brennan" on Dec. 21, 2025.
Transcript: UNICEF's Catherine Russell on "Face the Nation with Margaret Brennan," Dec. 21, 2025
The following is the transcript of the interview with UNICEF Executive Director Catherine Russell that aired on "Face the Nation with Margaret Brennan" on Dec. 21, 2025.
HealthWatch
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HealthWatch
Flu cases surging nationwide
Flu cases are on the rise across the country with CDC data showing more than 4 million illnesses this season resulting in roughly 2,000 deaths, including two children. Dr. Benjamin Abella, chair of emergency medicine at the Mount Sinai Health System in New York City, joined CBS News to discuss.
This professional Santa's dream of spreading holiday cheer fuels stroke recovery
Brent Rasmussen had a massive stroke in 2023. Getting his "ho ho ho back" helped motivate his recovery.
Here's how much ACA costs would have risen this year without subsidies
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Inside the FDA's vaccine uproar
A memo from Dr. Vinay Prasad, the head of the FDA's Center for Biologics Evaluation and Research, may signal an effort to to rewrite the rules governing the U.S. vaccine system.
Trump administration unveils proposals to cut off transgender care for minors
The proposals run counter to the recommendations of most major U.S. medical organizations.
World
More World
12 bodies found outside Guatemala City linked to gang violence, officials say
At least 12 bodies were found in three days in a wooded area on the outskirts of Guatemala City, authorities said Sunday, linking the discovery to gang violence.
MS-13 gang member sentenced to 1,335 years in prison in El Salvador
Earlier this year, the U.S. designated MS-13, which was formed in Los Angeles in the 1980s by Salvadoran immigrants, a terrorist organization.
U.S. Coast Guard pursuing third oil tanker off Venezuela coast, source says
The pursuit of the tanker, off the coast of Venezuela, is the second such operation this weekend and the third in less than a week.
Thousands gather for winter solstice celebrations at Stonehenge
Many make the pilgrimage to the stone circle every summer and winter and consider it a spiritual experience.
Transcript: Reps. Thomas Massie and Ro Khanna on "Face the Nation with Margaret Brennan," Dec. 21, 2025
The following is the transcript of the interview with Reps. Thomas Massie, a Kentucky Republican, and Ro Khanna, a California Democrat, that aired on "Face the Nation with Margaret Brennan" on Dec. 21, 2025.
Entertainment
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Actor James Ransone, known for his role in "The Wire," dies at 46
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Young People's Chorus of NYC: "Jolly Toyland"
To mark the Christmas season, "Sunday Morning" presents a performance by the Young People's Chorus of New York City, of "Jolly Toyland," arranged by Francisco J. Nunez.
Young People's Chorus of NYC: "Deck the Halls"
"Sunday Morning" gifts to its viewers a Christmas tradition: a performance by the Young People's Chorus of New York City. They present "Deck the Halls," arranged by Francisco J. Nunez and Jim Papoulis.
Sean Ono Lennon on being caretaker of the legacy of John Lennon & Yoko Ono
The musician-songwriter-producer, who says he feels a responsibility to promote his parents' legacy, talks about the animated short inspired by their anti-war anthem, "Happy Xmas (War Is Over)," and the new HBO documentary "One to One: John & Yoko."
Extended interview: Sean Ono Lennon
In this web exclusive, Sean Ono Lennon talks with Anthony Mason about The Claypool Lennon Delirium, his musical collaboration with Les Claypool of Primus, and his upcoming jazz album. He also discusses his animated short film, "War Is Over!"; his custodianship of the musical legacy of his parents, John Lennon and Yoko Ono; how concert footage and previously-unknown private recordings came together in the documentary "One to One"; and how creating art is "a fundamental force" in his life.
Technology
More Technology
Want to work in AI? Here are the skills to master, economist says
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
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.
Japanese woman marries AI boyfriend
People are starting to develop lasting connections with artificial technology. Melissa J. Perry, the dean of the College of Public Health at George Mason University, joins CBS News with more details.
TikTok nears deal to avoid U.S. ban
TikTok has signed a deal to sell its U.S. operations to a group of investors in America, a source familiar with the deal tells CBS News. Jo Ling Kent has more.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Crime
Khanna on full Epstein file release
Reps. Ro Khanna, a California Democrat, and Thomas Massie, a Kentucky Republican, who pushed for the Justice Department to release the Jeffrey Epstein files, said the problem with the release isn't that it's "taking too long" and but that Friday's release is a "slap in the face of survivors."
Police seek motive in deadly shootings
Authorities are seeking motive after the man responsible for the deadly shooting at Brown University and the murder of an MIT professor was found dead in a New Hampshire storage unit on Thursday.
Epstein survivor on partial files release
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
New photos in initial trove of Epstein files
The Justice Department on Friday released a batch of files related to convicted sex offender Jeffrey Epstein. CBS News' Erica Brown and Katrina Kaufman report.
Investigators struggled to ID Brown suspect while gunman went on to kill again
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
Space
More Space
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
"Son of Sam": A serial killer's reign of terror
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Latest CBS News Videos
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Latest CBS News Videos
Riding along on the CPKC Holiday Train
Canadian Pacific Railway decked out its first holiday train 27 years ago. Now merged with Kansas City Southern and known as CPKC, the company is delivering festive fun all across North America. Lana Zak started her travels in Milwaukee.
Inside the idea of 50-year mortgages
Carter Evans reports on the perceived benefits and downsides of 50-year mortgages.
Flu cases surging nationwide
Flu cases are on the rise across the country with CDC data showing more than 4 million illnesses this season resulting in roughly 2,000 deaths, including two children. Dr. Benjamin Abella, chair of emergency medicine at the Mount Sinai Health System in New York City, joined CBS News to discuss.
Thousands honor Bondi Beach victims
On the final night of Hanukkah, thousands came to Bondi Beach to honor the victims of last week's targeted attack in Australia. Leigh Kiniry has more.
Power coming back online in San Francisco
Most of the lights in San Francisco are back on after a power outage left about 130,000 customers in the dark. Nicole Valdes has more.