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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 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.
"Very large food and energy companies are making excessive profits," anti-poverty group chief said.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
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.
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.
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.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
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.
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.
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.
With inflation showing signs of cooling down, Americans may yet evade a recession, experts said.
"People are waiting longer because we can't get to them. It's a lack of capacity in every department," said one ambulance worker.
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.
The government is expected to release new inflation data Thursday. Lori Bettinger, the president of BancAlliance and a former director of the Troubled Asset Relief Program at the Treasury Department, joined CBS News after the closing bell on Wall Street to discuss the Federal Reserve's fight against inflation and how investors are reacting.
The Federal Reserve is eyeing another interest rate hike, and experts say the increase could be just a quarter of a percentage point. Sultan Meghji, the former chief innovation officer at the Federal Deposit Insurance Corporation and a professor at Duke University's Pratt Engineering School, joins CBS News to discuss.
Central banks should lean on banks to consider environmental risks in lending, climate activists say.
More Americans are carrying credit card debt, which could affect the future of their finances. Ted Rossman, senior industry analyst for Bankrate, joins CBS News with some tips on how to control debt amid high inflation.
The cost of eggs is soaring across the country, as millions of Americans are still struggling with high inflation. Sonja Sharp, a Metro reporter for the Los Angeles Times, joins CBS News to discuss why the staple food has become so expensive.
New CBS News polling shows the economy remains a major concern for many Americans. CBS News executive director of elections and surveys Anthony Salvanto joins Anne-Marie Green and Jericka Duncan to break down how people feel about the state of the nation.
Inflation has a way of affecting nearly every aspect of our finances. Here are major changes to watch for in 2023.
In the mid-1970s inflation was so high, the president referred to it as "public enemy #1" – and turned to Madison Avenue to come up with an ad campaign and rallying cry, "Whip Inflation Now."
New government data shows the U.S. added 223,000 jobs in December while unemployment fell to a 50-year low of 3.5%, as the Federal Reserve raises interest rates to the highest level in 15 years in an effort to cool the economy and tamp down inflation. Errol Barnett and Elaine Quijano break down the numbers with CBS News reporter Sarah Ewall-Wice.
The U.S. saw solid gains in the labor market in December, but concerns about a possible recession still linger. Bank of America's chief economist Michael Gapen joins CBS News' Catherine Herridge with his economic forecast for 2023.
CBS News contributor Javier David joined Anne-Marie Green and Vladimir Duthiers with to discuss the latest jobs report, which shows U.S. employers added 223,000 jobs in December.
Cole Allen, the man accused of opening fire at the White House Correspondents' Dinner, was charged with trying to assassinate President Trump.
An FBI affidavit filed in federal court lays out more details about Cole Allen's alleged actions before and during the shooting at the White House Correspondents' Dinner.
The day after a gunman attempted to storm the White House Correspondents' Dinner, President Trump sat down with CBS News' Norah O'Donnell for a "60 Minutes" interview to talk about his experience.
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.
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.
On March 31, 1981, when President Reagan was shot by John Hinckley, Jr., the Washington Hilton ceased to be just another venue for the Secret Service.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Ahmad Abugharbieh, the younger brother of the man suspected of killing two University of South Florida doctoral students, told CBS News, "My entire family feels so much shame and guilt."
An appeals court has ruled that the Defense Department can require journalists to be escorted on Pentagon grounds while the Trump administration appeals a judge's decision to block its enforcement of a press access policy challenged by The New York Times.
Ahead of Tuesday's debate in the California governor's race, it's still a wide-open contest, CBS News' latest poll finds.
Ahmad Abugharbieh, the younger brother of the man suspected of killing two University of South Florida doctoral students, told CBS News, "My entire family feels so much shame and guilt."
The "Dances With Wolves" actor was accused by three Indigenous women and girls, including one who was 14 when the assaults began. He was convicted in January on 13 of the 21 charges he faced.
Soldiers are training for drone-on-drone combat using Bumblebee drones, which have been used in Ukraine and are being sent to U.S. training centers in the Middle East.
In an open letter, Google workers say doing a deal with the Department of Defense would hurt the tech giant's reputation.
In an open letter, Google workers say doing a deal with the Department of Defense would hurt the tech giant's reputation.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Kirby argued that a merger would create jobs, offer more affordable flying options and allow the airline to compete with foreign carriers.
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?
An appeals court has ruled that the Defense Department can require journalists to be escorted on Pentagon grounds while the Trump administration appeals a judge's decision to block its enforcement of a press access policy challenged by The New York Times.
Ahead of Tuesday's debate in the California governor's race, it's still a wide-open contest, CBS News' latest poll finds.
Soldiers are training for drone-on-drone combat using Bumblebee drones, which have been used in Ukraine and are being sent to U.S. training centers in the Middle East.
An FBI affidavit filed in federal court lays out more details about Cole Allen's alleged actions before and during the shooting at the White House Correspondents' Dinner.
Surviving troops disputed Pentagon's account of the attack on the command post in Kuwait, saying the unit "was unprepared" to defend itself.
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.
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.
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.
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.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Surviving troops disputed Pentagon's account of the attack on the command post in Kuwait, saying the unit "was unprepared" to defend itself.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
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.
The group, returning home after a vacation in Thailand, had Kush -- a potent strain of cannabis -- hidden in their luggage, officials said.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Eve Plumb starred as middle child Jan Brady on the classic sitcom "The Brady Bunch." While reflecting on her career, she told "CBS Mornings" the beloved show "put me where I am today." Plumb also addressed "The Brady Bunch" not being an instant hit and why one of her iconic lines bothered her, which she discusses in her new memoir.
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.
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."
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.
Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
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.
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.
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.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
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.
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.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Ahmad Abugharbieh, the younger brother of the man suspected of killing two University of South Florida doctoral students, told CBS News, "My entire family feels so much shame and guilt."
Investigators are looking into the apparent murder of two University of South Florida doctoral students, and are now revealing evidence from the suspect's bedroom and his search history. Cristian Benavides reports.
The "Dances With Wolves" actor was accused by three Indigenous women and girls, including one who was 14 when the assaults began. He was convicted in January on 13 of the 21 charges he faced.
The Trump administration has ordered a review of its security protocols after Saturday's shooting at the White House Correspondents' Dinner. A. T. Smith, former deputy director of the U.S. Secret Service, joins CBS News with analysis.
The man accused of rushing the White House Correspondents' Dinner armed with a shotgun, pistol and three knives has been charged with trying to assassinate President Trump. CBS News national security analyst Aaron MacLean, who attended the dinner, joins to describe what he witnessed.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
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.
"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.
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.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
Correspondents' dinner shooting suspect charged with trying to assassinate the president; Georgia wildfire battle enters second week.
Suspect in White House Correspondents' Dinner shooting appears in court; King Charles and Queen Camilla arrive in U.S. for state visit.
A CBS News poll finds a wide-open contest as voters weigh in on what they want in the state's next governor. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
The Secret Service is facing questions about its handling of security at the White House Correspondents' Dinner. Professor Philip Bobbitt, director of the Center for National Security at Columbia Law School, joins CBS News with analysis.
Despite Saturday's attack, Britain's King Charles III and Queen Camilla arrived in Washington, D.C., on Monday for a four-day trip to the U.S. CBS News royal contributor Amanda Foreman joins CBS News with analysis.