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Labor strikes, rising costs of living and inflation rate hikes are weighing on U.K. consumers as the holiday season approaches. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Errol Barnett to discuss.
As food prices continue to rise, farmers are struggling to stay afloat. U.S. Secretary of Agriculture Tom Vilsack joins CBS News' "Prime Time" to discuss the issue.
Stocks on Wall Street plunged Thursday, a day after the Federal Reserve announced yet another interest rate hike. Megan Greene, senior fellow at Brown University, and the global chief economist for the Kroll Institute, joins CBS News' "Prime Time" to discuss the state of the economy.
CBS MoneyWatch reporter Megan Cerullo joins CBS News to share tips for managing checking accounts as interest rates rise.
The Federal Reserve raised interest rates again as it tries to ease inflation. Tanya Rivero takes a look at what it means for the housing market.
The Federal Reserve boosted its benchmark interest rate by 0.5 percentage point, marking its seventh consecutive hike this year. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joined John Dickerson to discuss the Fed's efforts to bring inflation down.
Inflation slowed sharply in November, continuing a gradual decline since price hikes peaked across the U.S. this summer. Ed O'Keefe reports.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
The Federal Reserve raised interest rates by half a point Wednesday, and the Dow Jones Industrial Average index fell following the announcement before briefly spiking when Fed Chairman Jerome Powell said that he wouldn't rule out the prospect of a soft landing. J.D. Durkin, host of "TheStreet," joined CBS News to look back on the Fed's work in 2022 and discuss what Americans should expect in the coming year.
Concerns over rising interest rates and inflation are weighing on many parents and students as they consider taking out loans for college. Ann Berry, founder of Threadneedle Ventures, joined CBS News' Lana Zak and Errol Barnett to discuss how to approach the important decision.
Punishing inflation is forcing many people to economize this holiday season, while some are skipping gifts altogether.
The Labor Department reported Tuesday that the Consumer Price Index rose 7.1% over the last 12 months, the slowest rate of inflation since December of 2021. William Lee, chief economist for the Milken Institute, joined CBS News to discuss the latest data.
In the U.S., inflation is at a 40-year high. Secretary of the Treasury Janet Yellen told 60 Minutes she sees positive signs that many of the underlying causes are being resolved and that by the end of 2023, inflation will be substantially reduced.
President Biden says the latest Consumer Price Index report is a sign that the country's economy is heading in the right direction. November's monthly index showed inflation is slowing, and the rate was not only lower than October's, but less than economists predicted. CBS News senior White House and political correspondent Ed O'Keefe has more on the administration's economic agenda and the celebratory plans for the signing of the Respect For Marriage Act into law.
Wall Street jumped after a government report showed U.S. inflation slowed more in November than analysts had expected.
The annual inflation rate hit 7.1% in November, the fifth straight month that consumer prices cooled off. Lori Bettinger, president of BancAlliance, joins CBS News' Elaine Quijano and Lana Zak on how this could affect the Federal Reserve's announcement Wednesday on interest rates.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
The Consumer Price Index rose 7.1% in November, down from 7.7% in October. The Federal Reserve is expected to announce another interest rate hike this week. CBS News reporter Sarah Ewall-Wice joins us with the latest on what this means for the economy.
Although the sharpest price increases are behind us, it could be years before runaway inflation finally runs its course.
The Federal Reserve is set to meet this week to discuss another possible interest rate hike. The two-day meeting comes after Treasury Secretary Janet Yellen saying she predicts a significant reduction in inflation by the end of next year. Kristin Myers, the editor-in-chief at The Balance, joins CBS News to discuss.
Americans are expected to spend more to decorate and buy gifts for family and friends this holiday season. Scott MacFarlane reports that price increases are hitting the holiday industries, but people still want to spend this year to keep their traditions going.
Gary Thomas, who has a sprawling farm near the Pennsylvania-Maryland border, has worried about what customers will think of his price hikes.
The treasury secretary tells Norah O’Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.
The Federal Reserve is meeting next week to decide on interest rate hikes. Geetu Sharma, founder and investment manager of AlphasFuture, discussed the state of the stock market.
Wholesale prices rose 0.3% in November, despite efforts to cool inflation. The numbers could signal another interest rate hike by the Federal Reserve. Bob Elliot, the CEO and CIO of Unlimited, joins CBS News' Lana Zak and Tanya Rivero to discuss.
President Trump said Friday that the U.S. military had conducted "one of the most power bombing raids" on Iran's Kharg Island, a vital oil hub for the country.
A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
The U.S. military has confirmed that all six crew members were killed when an American KC-135 refueling plane taking part in the Iran war crashed in western Iraq.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Nine defendants were on trial on charges related to the July 4 attack on the Prairieland ICE detention center in North Texas.
The attacker rammed a vehicle into Temple Israel in West Bloomfield and opened fire, but he was the only one killed, law enforcement officials said.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic resident, "Dave the Rave."
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
A security detail has been requested from the federal health department's inspector general for top federal housing official Bill Pulte.
Richard Kahn, who worked closely with Epstein for more than a decade, testified before the Oversight Committee on Wednesday.
The Kennedy Center is set to close for two years on July 4.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
The latest release of oil follows historic withdrawals from the Biden administration to combat gas prices from the Ukraine war.
Notorious Latin American narco trafficker Sebastian Marset, who eluded police for years, was handed over to U.S. authorities after his arrest Friday in Bolivia.
The head of an advocacy group said 21 people were facing charges under the UAE's cybercrime laws as of Thursday, including a 60-year-old British tourist.
Suspected Iranian cyber and drone attacks are already impacting U.S. tech companies, and Iran says a list of American firms are now on its target list.
Senate Democrats have filed legislation hat would keep the U.S. from attacking Cuba without congressional approval as they seek to force a vote on President Trump's stated goal of a "takeover" of the Caribbean country.
The 98th Academy Awards Sunday will feature a battle of vampires versus revolutionaries as the films "Sinners" and "One Battle After Another" compete for many of the show's top prizes. Nigel Smith, senior movies editor for People, joins "The Daily Report" to discuss.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
Austin Mayor Kirk Watson joins CBS News 24/7 Mornings with the latest details on preparations for SXSW 2026.
The 98th annual Academy Awards will be held on Sunday. With 10 films nominated for the night's biggest honor, best picture, an expert says there are only two major contenders. Entertainment Tonight's Nischelle Turner previews Hollywood's big night.
Grammy-winning artist James Blake speaks about making his first solo album as an independent artist. He talks to Anthony Mason about why he decided to leave his record label, what it's like to work with some of the world's biggest musicians and the passion behind his music.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
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.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
The U.S. is on high alert after two separate domestic attacks on Thursday: A shooting at Old Dominion University, and a car ramming at a Michigan synagogue. CBS News justice correspondent Scott MacFarlane has the latest details on the incidents.
CBS News has learned that the man who attacked a Michigan synagogue on Thursday purchased $2,000 worth of fireworks days before the incident. CBS News' Anna Schecter has more.
Ayman Mohamad Ghazali made two purchases at a Phantom Fireworks store in Livonia, Michigan. He told the store staff the fireworks were for the end of Ramadan.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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.
Then-President Richard Nixon addressed the nation from the Oval Office during the 1973 energy crisis. Fueled by the Yom Kippur War, members of the Organization of the Petroleum Exporting Countries in the Middle East banned the sale of oil to the U.S. and other countries, sharply raising gas prices for Americans as they faced their first fuel shortage since WWII.
On Nov. 29, 1973, CBS News aired a special report titled "Making It Through This Winter," spotlighting the ways Americans were making do amid the oil crisis. Watch the program in full.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Rideshare company Lyft will ensure the rights of passengers with service animals under a settlement announced this week. This comes after a Minnesota woman who is blind reported that multiple drivers refused to let her service dog in their cars.
Clergy members at a Detroit-area synagogue are grateful no one was seriously hurt after an armed man rammed his car full of explosives into their building. But the community is now grappling with an endless amount of emotional wounds. Jonah Kaplan has the latest.