Inflation fuels increased home heating costs
Higher fuel prices are expected to make this a tough winter for homeowners. But there are ways to help you save on your heating bills. Meg Oliver has more.
Inflation
Business analyst gives housing market update
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to provide an update on the housing market, as mortgage rates hit a 20-year high. She also checks in on the rental market and provides advice for homeowners staying in their homes.
Mortgage rates dip for first time in months
Mortgage rates dipped for the first time in months as the Federal Reserve announced its latest interest rate hike. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" with the latest.
Inflation fuels increase in home heating costs
Inflation is fueling a big increase in home heating costs, but there are ways to help you save on your heating bills this winter. Meg Oliver has more.
Fed raises interest rates by 0.75 percentage point
The Fed lifted its key interest rate again, marking the sixth rate hike this year and the fourth consecutive 0.75 percentage point jump since June. William Lee, the chief economist at the Milken Institute, joins Elaine Quijano to discuss the policy.
Inflation hurts Democrats on campaign trail
The Federal Reserve raised its benchmark interest rate by three-quarters of a point as it seeks to ease inflation. Robert Costa reports on the impact it could have on the midterm elections.
Fed raises rates by three-quarters of a point
The Federal Reserve has taken the aggressive step of raising interest rates by another three-quarters of a percentage point. Jeff Taylor, board member at the Mortgage Bankers Association, and CBS News reporter Sarah Ewall-Wice join anchors Errol Barnett and Lana Zak to discuss what this means for the economy.
Federal Reserve to raise interest rates
The Federal Reserve is widely expected to raise interest rates by three-fourths of a percentage point. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News' Errol Barnett and Lana Zak on how this will impact consumers.
President Biden to speak about democracy
President Biden is delivering a speech Wednesday night near Capitol Hill about the preservation of democracy. White House principal deputy communications director Kate Berner joins "Red and Blue" to discuss his speech, his economic agenda, and his travel schedule ahead of Election Day.
Inflation is fueling an increase in home heating costs, but there are ways to save
Families can expect to pay nearly 18% more to heat their homes this winter.
Stocks plummet after Fed signals more rate hikes ahead
"Hawkish" policy statement from Fed leads investors to abandon hope of easing rate increases.
Federal Reserve may hike interest rates
In an effort to bring down the worst inflation the U.S. has seen in years, regulators are prepared to hike interest rates by another three quarters of a percentage point Wednesday. Megan Greene, senior fellow at Brown University and global chief economist at the Kroll Institute, joins CBS News to discuss the fallout and what it means for home buyers and sellers.
Fed expected to raise interest rates again
Federal Reserve policymakers are meeting Wednesday and it's likely they will raise interest rates by another 75 basis points in a continued effort to curb inflation. Previous rate increases have pushed the average 30-year fixed mortgage rate above 7%. Nancy Chen reports on how already high rates are affecting the housing market.
How to buy I-bonds, the surprise hot investment of 2022
Niche investment is exploding in popularity, with one finance pro calling it "the closest thing to a free lunch I've seen."
Job openings post surprise jump, putting pressure on Fed
Economists had expected the number of job openings to drop below 10 million for the first time since June 2021.
Anticipating another interest rate hike
The Federal Reserve is widely expected to raise interest rates by another 75 basis points on Wednesday. Jon Hilsenrath, a senior writer for The Wall Street Journal, discussed why and what this move means for the U.S. economy.
Voters discuss their priorities for midterms
The economy and crime are some of the top issues for voters as the 2022 midterm elections approach. Mark Strassmann has more.
Soaring inflation drives up Halloween prices
Candy prices are soaring this Halloween thanks to inflation. It's not just candy, pumpkin prices are also up. Carter Evans takes a look.
First King Charles coins go into production
The first coins featuring the face of King Charles III are being produced by the Royal Mint in Wales. The 50 pence coin also features a tribute to Queen Elizabeth II.
Key inflation measure shows prices still high
A key inflation measure from the Commerce Department shows prices still high ahead of the Fed's interest rate meeting next week. Ellis Phifer, managing director of fixed income research at Raymond James, joins CBS News' Tanya Rivero and Elaine Quijano to discuss the economy and issues driving the markets.
Skittles, Reese's and other popular Halloween candies see price hike
The 10 most popular candy brands have seen an average price increase of 13% since 2021, according to Datasembly.
Buyers rush to buy "inflation-proof" I-bonds, crashing website
Government agency doubled server capacity to handle an influx of orders, but some slowdowns are still occurring.
U.S. economy returned to growth despite inflation
According to a Bureau of Economic Analysis report released Thursday, the U.S. gross domestic product grew at a 2.6% annual rate from July through September. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joined John Dickerson to discuss the latest economic numbers and state of the economy.
Mortgage rates blow past 7% for first time in two decades
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
Stocks end mixed as Facebook's parent company slumps
Weak earnings reports at Meta and other major tech companies offset gains in other parts of the market.
Live
Tentative 60-day agreement reached on Iran, pending Trump's approval, sources say
Iran says it targeted a U.S. base in retaliation for the second set of what the Pentagon calls "purely defensive" strikes carried out this week.
What Jill Biden said about her husband's debate performance then — and now
Jill Biden told CBS News "Sunday Morning" that her husband's performance in the 2024 debate "scared me to death." But her comments at the time did not reflect those concerns.
Supreme Court sides with Black death row inmate who alleged discrimination
The Supreme Court divided 5-4, with Chief Justice John Roberts and Justice Brett Kavanaugh joining the three liberal justices in the majority.
Iranian protesters who escaped tell CBS News war has made things worse
Two Iranian brothers who joined January's protests say the war has made things worse, and ending it shouldn't only be about uranium.
First inflation report under new Fed chief shows prices still rising
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
The Trump Accounts app launches today. Here's what to know.
The Trump Accounts app allows parents to open new tax-preferred investment accounts for their children, including a $1,000 government contribution.
Ex-CIA official arrested after $40M in gold bars allegedly found at his home
A former CIA official was arrested after FBI agents allegedly found $40 million worth of gold bars at his home while investigating whether he lied about his background.
DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Fire at girls' school in Kenya kills at least 16 students, injures scores more
A fire at a school for girls in central Kenya has caused an unknown number of deaths, according to police, who said search teams have been deployed.
U.S.
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Supreme Court sides with Black death row inmate who alleged discrimination
The Supreme Court divided 5-4, with Chief Justice John Roberts and Justice Brett Kavanaugh joining the three liberal justices in the majority.
What Jill Biden said about her husband's debate performance then — and now
Jill Biden told CBS News "Sunday Morning" that her husband's performance in the 2024 debate "scared me to death." But her comments at the time did not reflect those concerns.
The Trump Accounts app launches today. Here's what to know.
The Trump Accounts app allows parents to open new tax-preferred investment accounts for their children, including a $1,000 government contribution.
First inflation report under new Fed chief shows prices still rising
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
American climber breaks Everest speed record, his team says
Tyler Andrews, 36, climbed the 29,032-foot peak in just 9 hours and 55 minutes, smashing the record of 10 hours and 56 minutes, his team said.
MoneyWatch
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The Trump Accounts app launches today. Here's what to know.
The Trump Accounts app allows parents to open new tax-preferred investment accounts for their children, including a $1,000 government contribution.
First inflation report under new Fed chief shows prices still rising
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
3M sued for $1.4 billion by Australia over "forever chemicals" at defense bases
Australia is suing 3M for more than 2 billion Australian dollars ($1.4 billion) over so-called "forever chemical" contamination from firefighting foam at defense bases, the government says.
Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
Politics
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Supreme Court sides with Black death row inmate who alleged discrimination
The Supreme Court divided 5-4, with Chief Justice John Roberts and Justice Brett Kavanaugh joining the three liberal justices in the majority.
Jill Biden says husband "was slowing down" but wasn't in cognitive decline
Jill Biden said she never saw signs her husband, former President Joe Biden, was in cognitive decline, in an interview for "CBS Sunday Morning" airing May 31.
What Jill Biden said about her husband's debate performance then — and now
Jill Biden told CBS News "Sunday Morning" that her husband's performance in the 2024 debate "scared me to death." But her comments at the time did not reflect those concerns.
DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
HealthWatch
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HealthWatch
Rubio: No more Ebola patients allowed in U.S.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
Americans speak on health insurance costs
In the 1800s, Hartford, Connecticut, picked up the nickname, "The Insurance Capital of the World." Tony Dokoupil visits the city to ask people about rising insurance and healthcare costs.
Uganda closes its border with Congo over Ebola outbreak
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
U.S. setting up Ebola quarantine facility in Kenya, officials say
The U.S. is in the process of setting up a quarantine facility in Kenya for Americans who were exposed to Ebola or infected with the deadly illness.
Sponsored
TV host Ty Pennington on bronchiectasis
HGTV host and designer Ty Pennington opens up about his mother's yearslong battle with bronchiectasis, a chronic lung condition that often goes undiagnosed, and shares tips for caregivers on creating a calm environment. (Sponsored by Insmed)
World
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Iranian protesters who escaped tell CBS News war has made things worse
Two Iranian brothers who joined January's protests say the war has made things worse, and ending it shouldn't only be about uranium.
"Donald Trump" the buffalo spared from sacrifice in Bangladesh
An albino buffalo with a tuft of hair that got him nicknamed "Donald Trump" was granted a government reprieve from sacrifice in a Muslim religious festival.
Legendary mafia leader's "vast fortune" seized by police
Italy said it was seizing $232 million in assets belonging to the late Mafia boss Matteo Messina Denaro, who was captured after 30 years on the run.
3M sued for $1.4 billion by Australia over "forever chemicals" at defense bases
Australia is suing 3M for more than 2 billion Australian dollars ($1.4 billion) over so-called "forever chemical" contamination from firefighting foam at defense bases, the government says.
Live
Tentative 60-day agreement reached on Iran, pending Trump's approval: Sources
Iran says it targeted a U.S. base in retaliation for the second set of what the Pentagon calls "purely defensive" strikes carried out this week.
Entertainment
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Entertainment
Broadway's Joshua Henry on "Ragtime" musical
Broadway star Joshua Henry joins "CBS Mornings" to discuss his role in the "Ragtime" musical, which depicts the stories of Americans at the turn of the 20th century.
Extended: Former reality TV star Judd Winick
Judd Winick talks to CBS Mornings' Vladimir Duthiers about appearing on MTV's "The Real World: San Francisco" in 1994, the audition process for the reality TV series and more.
Extended: "RHONY" star Dorinda Medley
Dorina Medley, who appeared in the "Real Housewives of New York City" for six seasons, talks to CBS Mornings' Vladimir Duthiers about her decision to join the Bravo series, why she has no regrets and what draws people to reality TV.
Josh Johnson on new special, career in comedy
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
Top moments from the American Music Awards
There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night's biggest prize.
Technology
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Technology
Meta's new features for paid subscribers
Meta says its rolling out paid social subscriptions that will include exclusive features like "super reactions" and customizable themes. Kelly O'Grady reports.
YouTube revamping its AI labeling system
YouTube unveiled a new AI labeling system on Wednesday, aiming to make it easier for viewers to distinguish between real and AI content. CNET editor-at-large Scott Stein joins CBS News to break down the change.
How AI powered robots are helping small farms
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.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
Study evaluates AI's accuracy on news
More than 1 billion people worldwide use artificial intelligence chatbots, but just how accurate are the answers? Forum AI released results from its latest study to determine the accuracy of chatbots in news and current events. Robbie Goldfarb, co-founder of Forum AI, joins CBS News to discuss.
Science
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New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
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.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
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Crime
Alleged school shooter gets plea deadline
Colt Gray, the alleged Apalachee High School shooter, was in court Thursday for the next steps before his potential trial. CBS News' Shanelle Kaul reports.
Supreme Court jury discrimination case ruling
The Supreme Court has ruled in favor of a Black death row inmate who argued racial discrimination occurred in the jury-selection process before his trial. CBS News' Katrina Kaufman reports.
U.S. preparing for World Cup's security
U.S. officials are preparing for thousands of visitors at sites linked to the FIFA World Cup. CBS News' Anna Schecter breaks down the measures.
Legendary mafia leader's "vast fortune" seized by police
Italy said it was seizing $232 million in assets belonging to the late Mafia boss Matteo Messina Denaro, who was captured after 30 years on the run.
Teen charged in cruise killing to remain free for now
Timothy Hudson, the 16-year-old charged with sexually assaulting and killing his 18-year-old stepsister, Anna Kepner, will remain free for now while a judge considers arguments following a hearing Wednesday. CBS News' Katrina Kaufman has the latest updates.
Space
More Space
Blue micromoon makes rare appearance this weekend
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX launch of more powerful Super Heavy-Starship rocket scrubbed at last minute
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Alleged school shooter gets plea deadline
Colt Gray, the alleged Apalachee High School shooter, was in court Thursday for the next steps before his potential trial. CBS News' Shanelle Kaul reports.
U.S., Iran reach tentative deal, report says
The U.S. and Iran have reportedly reached a tentative deal on the Iran war, but it still needs President Trump's approval, Axios reports. CBS News' Caitlin Huey-Burns has more, and retired Navy Vice Adm. Robert Murrett joins with more insight.
Recovery mission declared at implosion site
Officials are pivoting to a rescue mission at the site of a chemical implosion in Washington. Ranji Sinha, a reporter for CBS affiliate KIRO, joins with more details.
Trump threatens to bomb Oman
President Trump threatened to bomb Oman, a key American ally, if they don't "behave" in the Strait of Hormuz. CBS News' Charlie D'Agata reports.
Supreme Court jury discrimination case ruling
The Supreme Court has ruled in favor of a Black death row inmate who argued racial discrimination occurred in the jury-selection process before his trial. CBS News' Katrina Kaufman reports.