Senate Dems announce they have the votes to pass Inflation Reduction Act
Sen. Kyrsten Sinema, a centrist who was seen as the pivotal vote, said in a statement that she had agreed to changes in the measure's tax and energy provisions.
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Sen. Kyrsten Sinema, a centrist who was seen as the pivotal vote, said in a statement that she had agreed to changes in the measure's tax and energy provisions.
CBS News' Debra Alfarone and Lana Zak sit down with CBS News chief White House correspondent Nancy Cordes to discuss how White House officials are responding to the latest jobs report, the reaction to Arizona Sen. Kyrsten Sinema's nascent support for the Inflation Reduction Act and why White House officials have summoned the Chinese ambassador.
The U.S. added 528,000 jobs in July, more than double what economists had predicted. With that boost, the unemployment rate fell to 3.5%, back to pre-pandemic levels and the lowest it's been since 1969. Daniel Zhao, senior economist at Glassdoor, joins CBS News to discuss what the report indicates about the state of the economy.
Lawmakers will begin the voting on President Biden's Inflation Reduction Act in a rare weekend session. CBS News congressional correspondent Scott McFarlane joins Lana Zak and Debra Alfarone with the latest.
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
First-time unemployment claims rose the last week of July ahead of the monthly jobs report being released Friday. Despite interest rate hikes and inflation fears, a new survey shows mortgage rates are dropping. The 30-year fixed rate dropped below 5%. CBS News business analyst Jill Schlesinger explains all that means for the state of the economy.
As inflation pushes grocery prices to a four-decade high, some Americans have turned to growing their own food to shrink their grocery bill. Janet Shamlian takes a look.
One gardener estimates she's saving $400 per month by growing her own vegetables.
The cost of a gallon of gas continues to fall in the U.S. Ellen Wald, senior fellow at the Atlantic Council's Global Energy Center, joins "CBS News Mornings" to discuss what's helping ease the pain at the pump.
Before Congress departs on summer recess, Senate Democrats are attempting to pass a $700 billion spending bill aimed at climate change, health and inflation assistance. In a split Senate, Sen. Kyrsten Sinema's vote is still trying to be secured. CBS News congressional correspondent Scott MacFarlane reports from Capitol Hill.
The cost of rent is on the rise in nearly 400 cities across the U.S. The national average has risen more than 25% since June 2021. Brian Carberry, senior managing editor at apartmentguide.com, joins CBS News to discuss what's driving prices up and what cities you might want to avoid if you'll looking for cheaper rent.
As diesel prices sit near all-time highs, the rising cost is having a ripple effect on the economy. Michael Nicholson, co-owner of moving and storage company The Moving Squad, joined CBS News' Nikki Battiste to discuss the effects of inflation on his bottom line.
Rising gas prices are causing a ripple effect across the U.S. economy, raising shipping and transportation costs as well. Harrison Fell, economist and senior research scholar at Columbia University's Center on Global Energy Policy, joined CBS News' Enrique Acevedo to discuss.
The U.S. labor market had an impressive month in April despite surging inflation. Wall Street Journal reporter Akane Otani joined Meg Oliver to discuss what the new job numbers could mean the economy's future.
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
Some analysts say now is the time for employees to be asking for a pay raise. CBS MoneyWatch reporter Megan Cerullo joins Debra Alfarone and David Begnaud to discuss why and review tips for asking for a salary increase - plus what to do if your employer says no.
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
Lori Bettinger, the president and BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News' Tanya Rivero and Lana Zak to discuss consumer spending, falling consumer confidence, the upcoming Federal Reserve meeting and recession concerns.
Auto insurance prices are going up as inflation rises, but the increase is happening more for drivers in certain metro areas. Bankrate.com analyst Sarah Foster explains what is behind the increase and what drivers can do to save money.
The Dow Jones dropped Thursday following the release of the weekly jobless numbers and the Federal Reserve announcing a 0.5% interest rate hike as part of its ongoing effort to combat rising inflation. Frances Stacy, the director of portfolio strategy at Optimal Capital, joins CBS News to discuss the overall health of the U.S. economy.
As inflation rises, many Americans are looking at ways to save money where they can. E. Napoletano, contributor at Forbes Advisor, joins CBS News with advice on how to save as the U.S. heads toward a possible recession.
The latest Labor Department report shows that new unemployment filings fell to 231,000 for the week of June 25, down 2,000 from the previous week. CBS News' Vladimir Duthiers and Anne-Marie Green sit down with Kathryn Gill, a reporter for The Wall Street Journal, to discuss these figures and other developments in the U.S. labor market and economy.
High inflation and fears of a recession have many Americans wondering what to do with their 401(k) retirement investments. Those fears have been magnified by U.S. stocks falling by at least 20% from their most recent peak in January. CBS News MoneyWatch reporter Aimee Picchi joined CBS News' Errol Barnett and Debra Alfarone to discuss.
Deutsche Bank is forecasting the U.S. will see a recession next year. The company's Global Head of Economic Research Peter Hooper spoke with CBS News' Tanya Rivero and Mola Lenghi about the new report.
The attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
One person was killed and two others were hurt in a shooting on the campus of Old Dominion University in Norfolk, Virginia, police said.
The Senate failed for a fourth time to advance a funding bill for the Department of Homeland Security, with no deal in sight.
Iranian state media say the country's new Supreme Leader Mojtaba Khamenei, in his first public statement, has called for the Strait of Hormuz to remain shut.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
The U.S. and Israel had a "flawed assumption" that the death of Supreme Leader Ayatollah Ali Khamenei would lead to the collapse of the regime, said an expert on the region.
The report raised questions about what took place after the shooting, which left Dyshan Best bleeding with fatal injuries.
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
The attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Plaintiffs claim that David Protein bars contain "way more" calories and fat than what's displayed on the label.
The Senate approved a package of bills aimed at lowering housing costs, the most sweeping housing legislation in decades and a rare point of bipartisan consensus in an election year, with the issue of affordability top of mind for many voters.
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Plaintiffs claim that David Protein bars contain "way more" calories and fat than what's displayed on the label.
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
As pennies begin to disappear, states are grappling with a "rounding" problem for cash purchases that would have included them in the past.
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.
The Senate approved a package of bills aimed at lowering housing costs, the most sweeping housing legislation in decades and a rare point of bipartisan consensus in an election year, with the issue of affordability top of mind for many voters.
More than 300 TSA officers have quit since the partial government shutdown began last month, according to agency statistics obtained by CBS News.
Democratic Rep. Jim Clyburn of South Carolina announced Thursday he will seek an 18th term in Congress.
The U.S. Treasury Department on Thursday sanctioned six individuals and two companies accused of aiding North Korea in running a global scheme using remote IT workers to fund their weapons program.
The first week of the U.S.'s war with Iran cost around $11.3 billion, military officials told members of Congress in a briefing this week, according to sources familiar with the meeting.
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.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Iranian state media say the country's new Supreme Leader Mojtaba Khamenei, in his first public statement, has called for the Strait of Hormuz to remain shut.
CBS News journalists offer international perspectives from leaders and citizens in a number of countries as the Iran war nears the two-week mark.
Oksana Masters said she was shocked to win her 22nd Paralympic Medal in Milan.
The pipe, with a diameter of 11.5 feet, towered as high as 42 feet at one point, according to the Osaka construction department.
The strike appears to have come without warning, and shows that Iran and its proxies can target ships even without mining the Strait of Hormuz.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
John Grisham, who has written 52 bestsellers, reveals the name of his new novel on "CBS Mornings" and talks about how writing about espionage compares to his legal thrillers.
The fourth contestant eliminated from "Survivor: In the Hands of the Fans" joins "CBS Mornings" to discuss being voted off and playing the game again.
Misty Copeland, the first Black female principal dancer for the American Ballet Theater, said Timothée Chalamet "wouldn't be an actor and have the opportunities he has as a movie star if it weren't for opera and ballet and their relevance in that medium." Her response comes after Chalamet's comments on ballet and opera sparked backlash.
Watch scenes from the performances nominated for best supporting actor at the 98th annual Academy Awards, as well as interviews with the nominees.
An explosion in artificial intelligence data centers and cloud computing is shrinking the supply of memory chips, which is having a major impact on the price consumers pay for everyday tech. CNET editor-in-chief David Katzmaier joins CBS News to discuss.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
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.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
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 attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
Security staff killed an attacker who drove a car into a Detroit-area synagogue on Thursday, Michigan authorities said. Officials say one member of the security staff was injured, but no other victims were hurt. CBS News Detroit reports.
Two people were injured Thursday during a shooting at Old Dominion University in Norfolk, Virginia, according to an alert. CBS News' Anna Schecter reports.
One person was killed and two others were hurt in a shooting on the campus of Old Dominion University in Norfolk, Virginia, police said.
NYPD Chief Aaron Edwards and Sgt. Luis Navarro are being lauded for their actions during a tense encounter outside Gracie Mansion involving a potential explosive device. CBS News' Jericka Duncan has more.
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.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
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.
White House press secretary Karoline Leavitt says President Trump has been briefed about the attack at a Michigan synagogue. CBS News White House reporter Willie James Inman has more.
Security staff killed an attacker who drove a car into a Detroit-area synagogue on Thursday, Michigan authorities said. Officials say one member of the security staff was injured, but no other victims were hurt. CBS News Detroit reports.
A person who rammed a car into a Michigan synagogue on Thursday was confronted and killed by security, two law enforcement sources tell CBS News. Lindsey Reiser anchors CBS News' special coverage.
Michigan law enforcement members responded Thursday to reports of an active shooter at Temple Israel in West Bloomfield, a suburb of Detroit. Lindsey Reiser anchors CBS News' coverage.
The Oakland County Sheriff's Office says authorities responded Thursday to an "active shooter situation" at Temple Israel in West Bloomfield, Michigan. Tony Dokoupil anchors CBS News' special report.