Inflation "entrenched" in U.S. economy, Goldman Sachs CEO says
David Solomon warns that Americans face more uncertainty as soaring prices dent confidence and weigh on stocks.
Inflation
Europe feels pain of soaring fuel costs as Ukraine war drags on
In Italy more people are heading to food banks, while Germans are turning down the AC to prep for energy rationing.
Face The Nation: Hochstein, Furman, Bowser
Missed the second half of the show? The latest on energy from Biden's coordinator, Amos Hochstein who says Gulf states have "more room" to boost oil supply; Jason Furman says Democrats' tax plan would "unambiguously bring inflation down"; Mayor Muriel Bowser's federal plan to stop migrants from being tricked onto buses
Furman: Democrats' tax plan would "unambiguously bring inflation down"
Jason Furman, a former chairman of the Council of Economic Advisers in the Obama White House, says a Democratic proposal to increase taxes on the wealthy would "unambiguously bring inflation down."
Open: This is "Face the Nation with Margaret Brennan," July 17
This week on “Face the Nation with Margaret Brennan,” with inflation now hitting over 9%, we have a string of guests to talk about the state of the American economy as experts fear a recession is coming. Plus, more on the subpoena to the U.S. Secret Service sent by the House select committee investigating the Jan. 6 attack on the U.S. Capitol with member Rep. Adam Kinzinger.
Gas prices affect travelers for medical treatment
While surging gas prices and record-high inflation affects most Americans, one group is hit especially hard: Families that have to travel long distances for necessary medical treatment. Adriana Diaz meets with affected families to discuss their realities and the sacrifices made to receive care.
Viewers donate to family struggling to afford gas
"CBS Evening News" viewers helped raised more than $45,000 for a family who was struggling to pay for gas to get their daughter who has cancer to her medical appointments. The family won't have to rely on high-interest payday loans to buy gas thanks to the donations.
Strong close of week for U.S. stock market
The U.S. stock market ended the week strong despite fears brought on by the latest spiking inflation numbers. John Leer, chief economist for Morning Consult, joined CBS News to discuss what's driving U.S. stocks and what to expect at the upcoming Federal Reserve meeting.
Stocks rally as investors look for "pockets of optimism"
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
Families struggle as inflation, gas prices soar
Inflation is pushing many Americans past their financial limits. Adriana Diaz met one family that's taking out high-interest loans to pay for gas to get their daughter to her cancer treatments.
U.S. stock market dips as inflation rate rises
Washington Post economics correspondent Rachel Siegel joined CBS News' Tanya Rivero and Elaine Quijano to discuss the latest market updates.
U.S. stocks sink as investors worry Fed hikes might derail growth
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
Inflation surges in June
Inflation hit a fresh 40-year record in June, with consumer prices increasing 9.1% . It's the fastest increase in prices since November 1981, and above what economists had expected. Nancy Chen reports.
CBS Evening News, July 13, 2022
U.S. inflation hits 41-year high; Statue of civil rights leader replaces Confederate statue at U.S. Capitol
"Shrinkflation": Consumers getting less for their money
Consumers are getting less for their money as products get smaller and prices stay the same. Carter Evans has more on "shrinkflation."
U.S. inflation hits 41-year high
Inflation surged to a 41-year high, with the Consumer Price Index showing Americans paid more last month for just about every necessity from gas prices to rent. Nancy Chen takes a look.
Fed rate hikes hurting would-be home buyers
The Fed has tried to ease inflation by raising interest rates, but that move is also shutting some would-be home buyers out of the housing market. New York Times Federal Reserve and economy reporter Jeanna Smialek explains how the Fed's actions are putting more pressure on renters.
CPI report shows inflation rose 9.1% in June
The U.S. Department of Labor's latest CPI report shows prices in June rose 9.1% from last year, marking the largest year-over-year increase since 1981. CBS News' Sarah Ewall-Wice shares more about what this could mean for the economy.
Republicans criticize Biden amid inflation
Republicans criticized President Joe Biden after new data revealed that inflation surged to a 41-year high last month. CBS News' Tanya Rivero and Elaine Quijano assess the current state of the U.S. economy with reporter Sarah Ewall-Wice.
U.S. inflation hits new 40-year high
Across the board, Americans are paying more for everything, including housing, groceries and gas, according to new government data. CBS News' Tanya Rivero and Elaine Quijano spoke with Wall Street Journal economics reporter Gwynn Guilford about the state of the economy and how the Federal Reserve may react.
Social Security checks could get a 10.5% bump due to inflation
June inflation was higher than expected, at 9.1%. That could set up seniors for the biggest payment boost since 1981.
Tips to prepare for a possible recession
With inflation at a 40-year high, and the Federal Reserve raising interest rates, many financial experts warn of an economic slowdown. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to protect your finances during this uncertain time.
June Consumer Price Index to be released
June may have been an even hotter month for inflation than in previous months. Inflation could rise again in the latest CPI report, but economists say it might begin to cool off. President of Sevens Report Research Tom Essay joins CBS News Mornings to talk about what to expect.
War in Ukraine rages on as global crisis worsens
The war in Ukraine is having a major impact on food and fuel supplies worldwide. William Taylor, former U.S. ambassador to Ukraine, joined John Dickerson to discuss the situation.
How to save despite economic uncertainty
CBS News business analyst Jill Schlesinger joined Anne-Marie Green and Vladimir Duthiers to discuss the ongoing recession fears amid a strong job market and offered tips on how to save money despite economic uncertainty.
Live
Israel targets more Iran leaders as allies reject Trump's calls for help
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject Trump's demands for help in the Strait of Hormuz.
Exclusive
Trump hosting big White House event around EPA's biofuels mandates decision
President Trump has invited farmers and biofuels producers to the White House for an event next week as the industry awaits the government's announcement on mandates for the fuel additives.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Maine Democratic Senate primary grows bitter as party vies to unseat Susan Collins
A bitter Democratic primary is unfolding in Maine as Gov. Janet Mills and Graham Platner battle for the chance to challenge GOP Sen. Susan Collins — pitting a governor with a long political resume against an anti-establishment oyster farmer.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Ex-wife told 911 the Michigan synagogue attacker was "not stable" before incident
A person believed to be the ex-wife of the suspect in the attack at Michigan's Temple Israel told authorities that the suspect was "not stable" ahead of the attack, according to a 911 call obtained by CBS News Detroit.
Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Cuba plans to open up to investment from nationals in U.S. amid pressure from Trump
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
U.S.
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Blizzards, severe storms, heat wave hit U.S. with array of extreme weather
From a surprising heatwave in California to blizzards burying parts of the Midwest and storms rolling over the East Coast, chaotic weather put more than half the nation's population in the path of extreme conditions.
Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
MoneyWatch
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Costco recalls meatloaf meal due to salmonella risk
Costco is recalling a meatloaf and potato meal kit because one of its ingredients may be contaminated with salmonella.
Hyundai stops sales of some 2026 models after a child's death
Hyundai's announcement came after a child died in an incident involving a Palisade vehicle, which the car maker said is still under investigation.
With gas prices still rising, experts recommend 3 ways to save fuel
Small adjustments, like maintaining a steady speed while driving, can help maximize fuel efficiency, experts say.
Gas prices edge higher with Brent crude remaining above $100 per barrel
Gas prices have jumped almost 79 cents per gallon from a month ago, raising fresh inflation concerns.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Politics
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Exclusive
Trump hosting big White House event around EPA's biofuels mandates decision
President Trump has invited farmers and biofuels producers to the White House for an event next week as the industry awaits the government's announcement on mandates for the fuel additives.
Maine Democratic Senate primary grows bitter as party vies to unseat Susan Collins
A bitter Democratic primary is unfolding in Maine as Gov. Janet Mills and Graham Platner battle for the chance to challenge GOP Sen. Susan Collins — pitting a governor with a long political resume against an anti-establishment oyster farmer.
Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
HealthWatch
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Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
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.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
World
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Accused Latin American drug lord arrives in U.S. after years on the run
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
Live
Israel targets more Iran leaders as allies reject Trump's calls for help
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject Trump's demands for help in the Strait of Hormuz.
At least 23 dead in suspected suicide bombings in Nigeria, police say
At least 23 people were killed and more than 100 wounded in suspected suicide bombings in Maiduguri, Nigeria, police said. It was one of the deadliest attacks in the conflict-battered city in recent history.
Pakistani strike hits rehab hospital in Afghanistan, Taliban says
The Taliban in Afghanistan claim that a Pakistani military airstrike on a drug rehabilitation hospital in Kabul has killed over 400 people, but Pakistan alleges the site was a weapons depot.
Trump requests delay of China trip because of Iran war
President Trump was planning to visit China at the end of March.
Entertainment
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Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Stars walk Vanity Fair Oscar Party red carpet
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
Did "Sinners" get snubbed at the Oscars?
The 2026 Academy Awards were held in Los Angeles on Sunday. Entertainment Tonight host Kevin Frazier breaks down the winners and the biggest upsets.
Oscars 2026 best dressed
CBS News contributor Lauren Sherman breaks down some of the best looks from the 2026 Oscars, where looks from Chanel and Dior dominated the red carpet.
Lizzo announces children's book
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
Technology
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Technology
U.S. hospitals, insurers turn to AI for claims
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
Solar farm development faces pushback
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.
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.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
3 teens took part in a weeklong experiment to curb screen time. It worked.
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.
Science
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Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
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 announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
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.
Crime
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Crime
Kouri Richins found guilty on all charges
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Accused Latin American drug lord arrives in U.S. after years on the run
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins convicted of murdering husband
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Space
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Space
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
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.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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
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Latest CBS News Videos
Kouri Richins found guilty on all charges
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Judge blocks RFK Jr. child vaccine changes
A federal judge blocked the Trump administration from limiting the number of vaccines recommended for children. Medical societies challenged HHS Secretary Robert F. Kennedy Jr.'s order to drop six vaccines from the list of shots that children should have. CBS News medical contributor Dr. Celine Gounder explains what it means and what could happen next.
Israel says it killed 2 Iranian leaders
As air and missile attacks from both sides continue, Israel says it has killed two of Iran's senior leaders, including Ali Larijani, the head of Iran's Supreme National Security Council. Imtiaz Tyab has the latest.
U.S. allies' reaction over Strait of Hormuz
President Trump on Monday pressured allies and China for military assistance in reopening the Strait of Hormuz. The European Union and Australia turned down Mr. Trump's request while China and Japan were noncommittal. Nancy Cordes reports.
Weather, TSA staffing wreak havoc on travel
Roughly 9,000 flights were canceled and 25,000 delayed since Sunday as a winter storm slammed parts of the U.S. It comes amid a TSA staffing shortage, as employees work without pay through the partial government shutdown. Kris Van Cleave reports.