U.S. economy grew less in 4th quarter
Federal Reserve and economy reporter for The New York Times, Jeanna Smialek, joins CBS News to discuss the latest GDP data and what it means for the economy.
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Federal Reserve and economy reporter for The New York Times, Jeanna Smialek, joins CBS News to discuss the latest GDP data and what it means for the economy.
Aziz Osmani, the co-owner and head purchaser at Kalustyan's market in New York, joins CBS News' Lana Zak to discuss how he is working to keep prices down amid high inflation.
Growth was slower and inflation higher at the end of 2022 than the government initially estimated.
The stock market stayed relatively flat Wednesday following the release of the Federal Reserve's minutes prior to its last interest rate hike. CapWealth chief investment officer Tim Pagliara joined CBS News to discuss.
Existing home sales declined once again in January for the 12th straight month, to the lowest level posted in more than 12 years. Veronica Dagher, a personal finance reporter for the Wall Street Journal, joins CBS News to discuss how you should maneuver the market if you're looking for a new home.
The Dow Jones ended the day in the red, down about 700 points. The slide comes as big box retailers predict a rough outlook for 2024. Business journalist Kristin Myers joined CBS News to discuss what the numbers mean for the market.
Home Depot marked one of the S&P's larger losses despite reporting stronger profit than expected for end of 2022.
Dow Jones Industrial Average made gains Friday but still ended the week in the red. J.D. Durkin, host of "The Street," and Javier David, a CBS News contributor and the managing editor of business and markets at Axios, join CBS News to recap this week's biggest market movers.
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
Personal finance columnist Michelle Singletary joins CBS News' Errol Barnett and Elaine Quijano to offer some tips for lowering credit card debt as consumers grapple with inflation and rising interest rates.
The Dow Jones closed in the red Thursday, with rising producer prices expected to fuel inflation. Nancy Davis, founder and and chief investment officer for Quadratic Capital Management, joined CBS News to break down what the rising prices mean for investors going forward.
The Producer Price Index rose 0.7% in the month of January, suggesting inflation pressures continue to hit the economy. CBS MoneyWatch reporter Aimee Picchi joined Anne-Marie Green and Nancy Chen to discuss what the numbers mean for consumers and why prices remain high at the grocery store.
U.S. debt is projected to almost double to $46.4 trillion in 2033, partly due to higher costs for Social Security.
Painfully high inflation is putting even more pressure on Americans struggling to repay their college loans.
The Internal Revenue Service says it will not be collecting federal taxes against payments issued in several states last year to offset inflation. But, certain requirements are being imposed in some states. Rebecca Walser, president of Walser Wealth Management, joins CBS News' Lilia Luciano and Lana Zak to answer questions about the tax confusion.
The latest Consumer Price Index report shows inflation slowing overall, but the numbers in January were higher than anticipated. Lori Bettinger, the president of Bancalliance, joins CBS News to explain what the report means.
Lower-income Americans and seniors are among those hit hardest by stubbornly high grocery prices.
New data from the Bureau of Labor and Statistics shows while U.S. inflation grew at a 6.4% percent annual rate in January, down 0.1% from December. CBS News contributor and Axios managing editor of business and markets Javier David joined CBS News' Seth Doane and Anne-Marie Green to discuss this latest economic indicator.
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
The stock market saw a sharp rise Monday ahead of the release of the January Consumer Price Index report, and as the last round of large companies prepare to release their 2022 fourth-quarter earnings. Landsberg Bennet Private Wealth Management chief investment officer Michael Landsberg joined CBS News to discuss what the developments mean for investors.
Americans watching Sunday's big game will spend less for meat and some other items for their Super Bowl parties this year.
Valentine's spending is expected to go up year-over-year as consumers expand their gift-giving to friends — and even pets.
The Dow Jones ended Wednesday in the red following President Biden's State of the Union address. Dan Geltrude, founder of accounting firm Geltrude and Company, joined CBS to discuss the economic impact of the speech.
Jared Bernstein, a member of the White House Council of Economic Advisers, joined CBS News to discuss the optimistic message in President Biden's State of the Union address and the state of the American economy.
Consumers are seeing an alarming rise in car insurance rates. According to a recent study, the average cost for full coverage is over $2,000 a year nationwide, an increase of nearly 14% from last year. Bankrate analyst Cate Deventer joined "CBS News Mornings" to discuss.
Iran says 4 people were killed in what the U.S. military describes as "self-defense strikes," but Rubio says a deal is still possible despite the clash.
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
The White House announced the visit earlier this month.
Authorities in Belgium say a train slammed into a school minibus at a crossing in the town of Buggenhout, killing at least 4 people including 2 children.
North Korea launched multiple short-range ballistic missiles toward the sea, South Korea's military said, the latest in a series of weapons demonstrations by Pyongyang this year.
South Korean Starbucks' boss issued another apology as Starbucks' local operation faced a backlash over a marketing campaign widely perceived as mocking victims of a bloody military crackdown in1980.
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
Attorney General Todd Blanche said the ballroom is "being constructed for the physical safety and security of all Presidents, their families, staff, Foreign Dignitaries, and guests."
California crews conducted an overnight operation at the Orange County site of a chemical leak in Garden Grove and said Monday that the threat of an explosion had been "eliminated" and was "off the table."
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
The White House announced the visit earlier this month.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
Veterans service officer Terrance O'Keefe put out a call from Massachusetts for a World War II veteran who needed a proper hero's send-off. When he arrived at the funeral, a line was already out the church door.
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
South Korean Starbucks' boss apologized again as it faced a backlash over a marketing campaign widely seen as mocking victims of a bloody military crackdown in 1980.
Here are the financial considerations to make when shopping for a new vehicle amid high car prices.
Most retail stores will be open for business on Memorial Day, while post offices will be closed. Here's what to know.
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
The White House announced the visit earlier this month.
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
Attorney General Todd Blanche said the ballroom is "being constructed for the physical safety and security of all Presidents, their families, staff, Foreign Dignitaries, and guests."
The Justice Department acknowledges it has removed from its website news releases about criminal cases related to the Jan. 6, 2021 riot, calling the information "partisan propaganda."
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
Iran's judiciary described Gholamreza Khani Shakarab as "one of the operational ringleaders of Mossad abroad."
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
Iran says 4 people were killed in what the U.S. military describes as "self-defense strikes," but Rubio says a deal is still possible despite the clash.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
South Korean Starbucks' boss apologized again as it faced a backlash over a marketing campaign widely seen as mocking victims of a bloody military crackdown in 1980.
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
It's been some 50 years since Patti LaBelle first sang her hit song "Lady Marmalade." As she marks her 82nd birthday, LaBelle talks to correspondent Tracy Smith about her career and what's next.
Hosted by Lee Cowan. Featured: Concours d'LeMons, Iranian propaganda, Patti LaBelle.
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
Amid concern about AI taking jobs, people see a range of motives by AI companies.
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.
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
A recent opinion piece in The New York Times spotlighted the impact of artificial intelligence on the 2026 graduating class at one of the world's most prestigious universities. The author, Stanford student Theo Baker, joins to discuss.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
21-year-old Nasire Best, the suspect linked to a shooting near the White House on Saturday, previously tried to gain access to the White House and may have had mental health issues, according to law enforcement sources and court documents. CBS News' Nicole Sganga reports.
The thieves stole jewelry, high-end watches and souvenirs such as sports jerseys, among other belongings, police said.
Daniel Sikkema faces a mandatory sentence of life in prison. Brent Sikkema was stabbed to death in his Rio de Janeiro townhouse in 2024.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
In celebrations throughout the country, communities honored the lives of fallen U.S. service members. Jericka Duncan takes a look at the history of Memorial Day.
On this Memorial Day, we remember CBS News cameraman Paul Douglas and soundman James Brolan, who were killed 20 years ago by a car bomb in Iraq.
The U.S. military has been using artificial intelligence to process battlefield intelligence in real time. Chris Livesay observes a U.S. military training exercise in Morocco that's being shaped by AI.
Millions of drivers hit the road for a record-breaking Memorial Day travel weekend despite high gas prices. Meanwhile, three days of relentless rain in the northeast U.S. hampered travel plans. Skyler Henry has more.