Social Security payments to rise 8.7% in 2023 — highest in decades
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
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With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
The Federal Open Market Committee will publish Wednesday the minutes from its September meeting as well as its economic forecast. Also, President Biden said he doesn't think there will be a recession during his CNN interview Tuesday night. Yahoo Finance senior columnist Rick Newman joined "CBS News Mornings" to discuss.
National Savings Day is the perfect time to take stock of your personal finances. CBS News’ Errol Barnett and Meg Oliver spoke with Kimberly Palmer, a personal finance expert with NerdWallet, about the best ways to manage your hard-earned savings.
The striking oil workers want a pay rise, arguing their salaries cannot keep up with inflation that has soared to almost 6% in France.
White House officials are attempting to avert a railroad strike before Friday's deadline. Meanwhile, a recent report from the Labor Department shows that inflation is still high. CBS News chief White House correspondent Nancy Cordes spoke exclusively with Treasury Secretary Janet Yellen about those issues, then joined CBS News' John Dickerson to discuss.
Home buyers nationwide are pulling back from the market due to high interest rates. Igor Popov, chief economist at Apartment Listing, joined Elaine Quijano to discuss where the housing market is heading.
The Consumer Price Index rose 8.3% in the past 12 months, as higher prices for groceries, shelter and medical care offset lower gasoline prices. CBS News chief White House correspondent Nancy Cordes has more on the latest report. Then, Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joins John Dickerson on "Prime Time" to discuss the impact.
The U.S. economy and labor market are still rebounding from the COVID-19 pandemic. Several workplace trends, such as working from home, still remain prevalent. Aki Ito, senior correspondent for Business Insider, joined CBS News to discuss.
The Federal Reserve's plan to get inflation under control is fueling concerns of future layoffs and a possible recession. CBS News' John Dickerson breaks down how this will affect you with Guy Berger, principal economist for LinkedIn.
The stock market's tumble has put the S and P 500 into a bear market. CBS News correspondent Elaine Quijano reports on Wall Street's drop on Monday. Then, Akiko Fujita, a reporter and anchor for Yahoo Finance, joins Errol Barnett on CBS News to discuss the latest on the markets.
Inflation is negatively impacting the U.S. stock market. The Dow Jones fell 880 points Friday. Yahoo Finance reporter Alexandra Semenova joins CBS News to discuss the impact of rising consumer prices.
Recession risks are rising amid "historic fragility" in the global economy, the agency's managing director said.
While the U.S. added 263,000 jobs in September, economists are bracing for the next Consumer Price Index report, due out this week, which gives a snapshot of inflation. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" to discuss the latest economic news and what to expect from the markets this week.
Mohamed El-Erian, Allianz Chief Economic Adviser, said the " main drivers of inflation and how broad they are is still going up." He joins "Face the Nation" to discuss the "unsettling volatility" of the market right now.
The latest jobs report is fueling fears that a big interest rate hike is likely, as the Federal Reserve tries to aggressively fight inflation. Business analyst Jill Schlesinger breaks down the report.
The September jobs numbers showed a slight slowdown in hiring. The latest numbers come as the Federal Reserve weighs its next steps to try to tame inflation. According to the Labor Department, 263,000 jobs were added last month. The unemployment rate also fell to 3.5%. CBS News reporter Sarah Ewall-Wice has more.
Cost of U.S. flights around the Thanksgiving holiday is up roughly 25% compared with last year, booking data shows.
A member of the Proud Boys extremist group has pleaded guilty to seditious conspiracy charges in connection with the Jan. 6 Capitol riot. Jeremy Bertino faces up to 63 months in prison. A 430-foot tall Orlando amusement park ride is being taken down after a 14-year-old boy’s fatal fall from it in March. And all eyes are on the new monthly jobs report for its possible influence on the Federal Reserve’s fight against inflation.
It now costs nearly $100 to fill up a mid-size car with gas in California. Though gas prices are rising amid the decision by OPEC+ to cut 2 million barrels of oil per day, California prices have little to do with it. Jonathan Vigliotti takes a look.
Californians dealing with the rising cost of gas will start to see some financial relief starting Friday. CBS News correspondent Jonathan Vigliotti explains who is eligible for a gas tax rebate.
Some older Americans are cutting back on food, medicine and other basics. An annual Social Security bump may not be enough.
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
Apple farmers say they're struggling to grow and sell the fall fruit due to inflation and labor shortages.
Indication of lasting inflation worries Americans; White House steps in amid potential railroad workers strike.
Tentative deal averts rail strike; Commerce Department says August retail sales up 0.3%.
The war, which shows no signs of ending soon, has upended global air travel, disrupted oil exports from the region and sent fuel prices rising across the world.
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
Kharg Island is a small, heavily fortified, and strategically valuable island off Iran's northern coast.
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
Another three members of the Iran women's soccer team who accepted refugee visas to stay in Australia have decided to return to their homeland, an Australian government minister said.
Ukrainian President Volodymyr Zelenskyy says he is ready for the next trilateral peace talks with the U.S. and Russia, but the meeting depends on Washington and Moscow.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
TSA officers faced their first full missed paycheck Friday.
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Within days of their firings, two former federal workers launched a support group for fellow colleagues in the same situation. What started out as 20 people has grown to almost 5,000 members nationwide.
Six U.S. service members who were killed in a military refueling aircraft crash over Iraq last week have been identified as members of the Ohio Air National Guard and Florida-based crew members.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
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.
The following is the transcript of the interview with Iranian Foreign Minister Abbas Araghchi that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
Within days of their firings, two former federal workers launched a support group for fellow colleagues in the same situation. What started out as 20 people has grown to almost 5,000 members nationwide.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
Another three members of the Iran women's soccer team who accepted refugee visas to stay in Australia have decided to return to their homeland, an Australian government minister said.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
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.
The following is the transcript of the interview with Iranian Foreign Minister Abbas Araghchi that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
When the Kremlin's propaganda machine framed the invasion of Ukraine as a heroic calling, drilling the message into schoolchildren, one brave teacher turned his camera onto that indoctrination. The result: a remarkable Oscar-nominated documentary.
Ukrainian President Volodymyr Zelenskyy says he is ready for the next trilateral peace talks with the U.S. and Russia, but the meeting depends on Washington and Moscow.
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
Six U.S. service members who were killed in a military refueling aircraft crash over Iraq last week have been identified as members of the Ohio Air National Guard and Florida-based crew members.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Acclaimed filmmaker Frederick Wiseman, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies," "High School," and "Hospital." In an interview with "Sunday Morning" recorded last year, the pioneering Wiseman talked with David Pogue about his unusual production methods aimed at capturing life, in films as funny, sad, and tragic as any fiction film.
The Irish actor, an Oscar-winner for "Oppenheimer," is back in a new film, "Peaky Blinders: The Immortal Man," a follow-up to his hit TV series about a charismatic gangster who rules post-World War I Birmingham, England.
In this web exclusive, Academy Award-winning actor Cillian Murphy talks with Seth Doane about returning as gangster Tommy Shelby in a new film, "Peaky Blinders: The Immortal Man," a follow-up to the cult TV series. He also talks about how London was a formative city for him; the search for good writing; and "messing around" with music.
Cillian Murphy, an Oscar-winner for "Oppenheimer," is back in a new film, "Peaky Blinders: The Immortal Man," a follow-up to his hit TV series about a charismatic gangster who rules post-World War I Birmingham, England. The Irish actor talks with Seth Doane about the appeal of portraying complicated or tormented characters; taking his work "deadly seriously"; and trying to have a nose for great writing.
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.
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
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.
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.
We leave you this Oscar Sunday at one of nature's greatest movie sets: an icy Niagara falls. Videographer: Carl Mrozek.
Acclaimed filmmaker Frederick Wiseman, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies," "High School," and "Hospital." In an interview with "Sunday Morning" recorded last year, the pioneering Wiseman talked with David Pogue about his unusual production methods aimed at capturing life, in films as funny, sad, and tragic as any fiction film.
In this web exclusive, Academy Award-winning actor Cillian Murphy talks with Seth Doane about returning as gangster Tommy Shelby in a new film, "Peaky Blinders: The Immortal Man," a follow-up to the cult TV series. He also talks about how London was a formative city for him; the search for good writing; and "messing around" with music.
Cillian Murphy, an Oscar-winner for "Oppenheimer," is back in a new film, "Peaky Blinders: The Immortal Man," a follow-up to his hit TV series about a charismatic gangster who rules post-World War I Birmingham, England. The Irish actor talks with Seth Doane about the appeal of portraying complicated or tormented characters; taking his work "deadly seriously"; and trying to have a nose for great writing.
When True, a five-year-old under the care of social services, was dropped off for heart surgery at Children's Nebraska, an Omaha children's hospital, anesthesiologist Dr. Amy Beethe found him in pre-operative care all alone. Beethe decided that True needed a stable home. But what she and her husband, Ryan, gave True when they adopted the boy didn't end there. Steve Hartman reports on a doctor who believed saving lives wasn't just her day job.