Inflation to make holiday season more costly
With Halloween just around the corner, Americans gearing up for the holiday season can expect to be spooked by the rise in prices of holiday activities due to inflation. Michael George has more.
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With Halloween just around the corner, Americans gearing up for the holiday season can expect to be spooked by the rise in prices of holiday activities due to inflation. Michael George has more.
Economic turmoil came to a head in the U.K. during former Prime Minister Liz Truss' tumultuous six-week term, while economists in the U.S. now debate if the nation's economy is at the beginning of or will soon see a recession. CBS News' Tony Dokoupil and Lilia Luciano are joined by domestic policy and politics reporter Joseph Zeballos-Roig at online newsletter Semafor to discuss what the economic troubles could mean for both country's leaders.
House Speaker Nancy Pelosi says Democrats are focused on lowering the cost of living amid high inflation with just two weeks to go before the midterm elections.
Three voters who say they feel post-pandemic stress over finances and kids and are deeply impacted by inflation discuss what issues are influencing their votes this November.
The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
Following Liz Truss' resignation, the U.K. is once again searching for a new prime minister. This comes as Britain faces soaring inflation and a potential energy crisis this winter. Axios chief economics reporter Neil Irwin joins CBS News' Tony Dokoupil and Elaine Quijano with the latest.
Prime Minister Liz Truss announced her resignation just 44 days after Queen Elizabeth II apppointed her. The change comes as the U.K. struggles with inflation over 10%, and at a 40-year high. Ramy Inocencio has more.
Gillian Tett, editorial board chair and editor at large in the U.S. for the Financial Times, joined CBS News to discuss U.K. Prime Minister Liz Truss' announcement that she's resigning.
U.K. Prime Minister Liz Truss announced her resignation Thursday amid economic turmoil in the country. Greg Swenson, founding partner of the British investment bank Brigg Macadam, discussed what he thinks the British economy could look like with a new prime minister.
The Internal Revenue Service has announced several adjustments to account for the impact of inflation. These include higher federal income tax brackets and standard deductions for the year 2023. CBS News MoneyWatch associate managing editor Aimee Picchi joins the show to break down these forthcoming changes and more.
Financial stress is even tougher on parents, with 7 in 10 saying their paychecks aren't keeping up with rising costs.
Economists think the record inflation could prompt England's central bank to hike its primary interest rate by as much as a full percentage point this fall.
Economists are shifting gears and now saying the U.S. will enter a recession within the next year. CBS News anchors Lana Zak and Lilia Luciano spoke with Wall Street Journal reporter Harriet Torry about the potential impact.
Corporate earnings are holding up despite recession fears, cheering investors. But some analysts urge caution.
The prime minister's 6-week tenure has been defined by self-inflicted chaos, but with her party divided, it's unclear where Britain goes from here.
The latest CBS News Battleground Tracker polling shows Republicans are holding onto their advantage in the race to control the House of Representatives. CBS News executive director of elections and surveys Anthony Salvanto joined Anne-Marie Green and Vladimir Duthiers with a look at what's behind this trend.
Americans are facing mounting credit card debt as inflation puts more pressure on households, and the Federal Reserve raises interest rates. CBS News' Lilia Luciano speaks with Abha Bhattarai, economics correspondent for The Washington Post, on what's driving the rise in credit card debt.
"Unless significant conservation actions are taken, the United States is likely to cause the first anthropogenic extinction of a great whale species," scientists said.
University of Michigan professor Betsey Stevenson, the former top economist at the U.S. Department of Labor, said the 6.6% core inflation rate is what really worries economists. "That's the stuff that's hard to come down," she told "Face the Nation."
Inflation is sticking around, driving up food, rent and other costs. These money moves can help you fight back.
Transportation Secretary Pete Buttigieg said on "Face the Nation" on Sunday that the Biden administration's "top economic priority is fighting inflation." He defended the administration's economic policies, saying "if anybody's asking, 'was it a good idea to rescue the American economy? The answer's yes.'"
Experts say public confidence in United Kingdom Prime Minister Liz Truss is steadily falling after she reversed course on her proposed tax reforms. Ian Lee has the latest.
Home prices rose 43% in two years, but now in cities that had those massive spikes, prices are being slashed. Danya Bacchus has more.
President Joe Biden's trip to Oregon, California and Colorado is showing how he's trying to turn out Democratic votes on Election Day.
The Dow Jones Industrial Average gave back a big chuck of the gains it made the day before, following the latest report on inflation in the U.S. David Grasso, an editor at Bold, joins CBS News to discuss the latest on the economy.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Hungarian Prime Minister Viktor Orbán attended the launch of the initiative last month in the Swiss ski resort of Davos.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost 1 million structures.
More than 35 local, state and federal agencies have been working for the last 18 months to prepare for Super Bowl LX in Santa Clara, California.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
Francesca Lollobrigida set a new Olympic record of 3 minutes, 54.28 seconds, shaving more than two-and-a-half seconds off the mark set by Dutch legend Irene Schouten four years earlier in Beijing.
Friday's attack was the deadliest suicide bombing in Islamabad in nearly 20 years.
U.S. speed skater Greta Myers learned about her Olympic debut in the 3000m three hours before the race was due to begin.
Hungarian Prime Minister Viktor Orbán attended the launch of the initiative last month in the Swiss ski resort of Davos.
Gu qualified for the women's slopestyle final wearing an outfit with details inspired by her Chinese heritage and her personal quirks.
Sarah Gelman, editorial director at Amazon Books, joins "CBS Saturday Morning" to recommend some of the best books to read around Valentine's Day.
Super Bowl chefs spend an entire year developing the menu for the big game, and "CBS Saturday Morning" gets a sneak peek at some of the mouth-watering options.
Montreal-based brothers Andrew and Brad Barr released their debut album in 2010 and have won some of Canada's top music awards for their indie sound. Performing from their first album in eight years, "Let it Hiss," here's The Barr Brothers performing "Another Tangerine."
Montreal-based brothers Andrew and Brad Barr released their debut album in 2010 and have won some of Canada's top music awards for their indie sound. Performing from their first album in eight years, "Let it Hiss," here's The Barr Brothers performing "Naturally."
Montreal-based brothers Andrew and Brad Barr released their debut album in 2010 and have won some of Canada's top music awards for their indie sound. Performing from their first album in eight years, "Let it Hiss," here's The Barr Brothers performing "Run Right Into It."
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
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.
Sam, Lauren and Alli Macuga are competitive skiers across different disciplines who were hoping to represent Team USA at Milano Cortina. Lauren, who was a top contender in alpine, suffered an ACL injury in November that ended her season -- but she explains why the world hasn't seen the last of the Macuga sisters.
Sarah Gelman, editorial director at Amazon Books, joins "CBS Saturday Morning" to recommend some of the best books to read around Valentine's Day.
Super Bowl chefs spend an entire year developing the menu for the big game, and "CBS Saturday Morning" gets a sneak peek at some of the mouth-watering options.
Noor Murad's latest cookbook is a love letter to the Middle Eastern flavors she is known for using in her dishes.
The Seattle Seahawks are set to face off against the New England Patriots on Sunday in Super Bowl LX, and "CBS Saturday Morning" goes inside key storylines to be aware of ahead of the big game.