Consumers paying $10,000 more than "normal" for used cars
Most used vehicles aren't depreciating due to low new car inventory and strong consumer demand, study finds.
Inflation
Americans filing jobless claims at highest level in 8 months
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
7/20: CBS News Mornings
Dangerous heat wave hits U.S. and Europe; Package sizes for products get smaller as companies react to inflation
Dollar down after hitting parity with the euro
The U.S. dollar continues to retreat after reaching the equivalence of the euro for the first time in two decades last week. Joe Rennison, markets reporter for The New York Times, joins "CBS News Mornings" to discuss what this means for the global economy.
Consumers hit with "shrinkflation"
Packaging of daily household goods shrink, as shoppers pay the same for less. Carter Evans reports.
Most middle-class Americans can't support cost of living: survey
Inflation is walloping middle-income households, with many saying they are taking on more credit card debt to stay afloat.
7/19: Red and Blue
President Joe Biden weighs whether to make a climate emergency declaration; Emmett Till's home to receive landmark funds.
What's behind U.S. gas price fluctuations
CBS News' Tanya Rivero and Elaine Quijano sit down with Evan Halper, a business reporter for "The Washington Post," to discuss fluctuating gas prices. While gas prices have recently fallen, Halper talks about his new reporting about expectations that costs will spike again and others' reactions to the Biden administration's efforts to combat high energy costs.
CBS Evening News, July 15, 2022
Biden holds controversial meeting with Saudi crown prince; "CBS Evening News" viewers help raise $45,000 for family struggling to afford gas
Making sense of the economy amid inflation
Economists were spot on that our post-pandemic recovery will not follow the normal rules. However, we now find ourselves watching inflation skyrocket as fuel prices fall. Derek Thompson, staff writer at the Atlantic, joins CBS News to discuss his latest piece, titled "The Everything-Is-Weird Economy."
MoneyWatch: Global recession fears grow
Fears of a global economic downturn are growing as nations around the world react to inflation concerns. Peter Goodman, global economics correspondent for the New York Times, joins CBS News to discuss why he believes the COVID-19 pandemic remains the root cause of our current economic situation.
7/13: Red and Blue
Inflation hits highest rate in 40 years; Rise in Los Angeles COVID cases
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.
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.
Exclusive
Army survivors of deadly attack in Kuwait dispute Pentagon's account
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Live
Trump's ceasefire with Iran mired in dispute over Israel's war in Lebanon
As Trump issues a new warning to Iran to comply with a tenuous two-week ceasefire, the two sides don't even seem to agree on the terms of the deal.
First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Husband arrested in Bahamas in connection to wife's disappearance
The search for Lynette Hooker is ongoing in the Bahamas, as the U.S. Coast Guard takes the lead on investigative efforts and has launched a criminal investigation, a U.S. official said.
Inflation was cooling. The Iran war could send it racing higher again.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Military operation conducted to deter Russian submarines in North Atlantic
British and Norwegian militaries led a weekslong operation to deter Russian submarines in the North Atlantic, the U.K. military said.
Ex-Army employee charged with leaking classified military information to reporter
Federal prosecutors say Courtney Williams divulged classified information to a reporter about her time in Delta Force, according to newly unsealed court documents.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
One hospice doctor. One year. $71.7 million worth of Medicare claims.
A CBS News investigation found one Los Angeles County hospice physician's name, Dr. Rajiv Bhuva, on Medicare claims for nearly 2,800 patients across 126 hospices in a single year.
U.S.
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USPS halts contributions to pension plan after warning of "cash crisis"
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Acting AG Todd Blanche gives go-ahead to pursue death penalty in MS-13 murder case
Blanche said the top federal prosecutor in California can seek the death penalty for three alleged MS-13 members charged with killing a victim who was cooperating with authorities, according to a memo.
First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Exclusive
Army survivors of deadly attack in Kuwait dispute Pentagon's account
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Inflation was cooling. The Iran war could send it racing higher again.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
MoneyWatch
More MoneyWatch
USPS halts contributions to pension plan after warning of "cash crisis"
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Inflation was cooling. The Iran war could send it racing higher again.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Will the Iran ceasefire ease U.S. gas prices? Here's what experts think.
Gas prices in the U.S. continued to edge up on Wednesday even as oil prices fell. Here's how long it could take for fuel costs to recede.
This male model sporting a crisp summer shirt isn't real. Will consumers care?
Many brands are turning to AI to advertise their products. Others are rejecting the technology, pledging to lean into "real" images.
GM recalls more than 270,000 cars in U.S. over rearview camera risk
Cameras on some Chevrolet Malibus can display blank or distorted images, posing a risk to drivers, according to safety regulators.
Politics
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USPS halts contributions to pension plan after warning of "cash crisis"
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Acting AG Todd Blanche gives go-ahead to pursue death penalty in MS-13 murder case
Blanche said the top federal prosecutor in California can seek the death penalty for three alleged MS-13 members charged with killing a victim who was cooperating with authorities, according to a memo.
Medicaid work rules will stress states' staffing capacity
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Ex-Army employee charged with leaking classified military information to reporter
Federal prosecutors say Courtney Williams divulged classified information to a reporter about her time in Delta Force, according to newly unsealed court documents.
Democratic candidate's events with Hasan Piker exposes party rift in Michigan
Abdul El-Sayed's decision to campaign with Hasan Piker has drawn scrutiny from across the political spectrum given comments the popular streamer has made on the Israel-Hamas war.
HealthWatch
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Medicaid work rules will stress states' staffing capacity
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Exclusive
2 more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Social media driving teens toward steroids, extreme body transformations
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
World
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Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Exclusive
Army survivors of deadly attack in Kuwait dispute Pentagon's account
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Military operation conducted to deter Russian submarines in North Atlantic
British and Norwegian militaries led a weekslong operation to deter Russian submarines in the North Atlantic, the U.K. military said.
Live
Trump's ceasefire with Iran mired in dispute over Israel's war in Lebanon
As Trump issues a new warning to Iran to comply with a tenuous two-week ceasefire, the two sides don't even seem to agree on the terms of the deal.
Entertainment
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Entertainment
"Survivor 50" castaway talks elimination
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.
NASA drops Artemis II moon mission playlist with astronauts' wake-up songs
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Kanye West's upcoming Italy gig sparks debate after U.K. denied rapper entry
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
"You, Me & Tuscany" stars talk new movie
Halle Bailey and Regé-Jean Page join "CBS Mornings" to talk about starring in the new romantic comedy "You, Me & Tuscany." The two discuss what it was like to shoot in Italy, preparing for their roles and how it's a renaissance for romantic comedies.
Extended interview: Billy Idol
Billy Idol speaks with Anthony Mason about his music career, his life, his stage persona and more.
Technology
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Technology
Behind Anthropic's alarming AI model
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
Analysis finds AI will reshape 50-55% of jobs
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo 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.
Anthropic claims new AI too powerful to release
Anthropic says its newest AI model, Claude Mythos, is too powerful and dangerous to be released to the public. Tech journalist Jacob Ward joins CBS News to discuss.
AI will affect more than half of all U.S. jobs, analysis finds
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
Science
More Science
First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
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Crime
"Ketamine Queen" sentenced to 15 years
Jasveen Sangha, the woman described as the "Ketamine Queen," was sentenced Wednesday to 15 years in federal prison for her role in the death of "Friends" co-star Matthew Perry. Carter Evans reports.
Husband arrested after wife falls overboard
Brian Hooker has been arrested by the Royal Bahamas Police Force after his wife, Lynette Hooker, apparently fell overboard from their dinghy and was swept away by currents. Hooker's lawyer denies any wrongdoing. CBS News' Cristian Benavides reports.
Doctor found guilty of attempted manslaughter
Gerhardt Konig, the anesthesiologist accused of trying to kill his wife in Hawaii last year, was found guilty Wednesday of attempted manslaughter based upon extreme mental or emotional disturbance.
Doctor accused of trying to kill wife on hike found guilty of attempted manslaughter
Jurors delivered their verdict Wednesday in the trial of an anesthesiologist accused of trying to kill his wife during a cliffside hike in Hawaii.
Gilgo Beach serial killer admits to 8 murders
Serial killer Rex Heuermann admitted to killing eight women on Long Island over the span of 17 years, ending in 2010. He will now spend the rest of his life in prison. Tom Hanson reports.
Space
More Space
NASA drops Artemis II moon mission playlist with astronauts' wake-up songs
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
NASA gears up for Artemis II crew's return to Earth
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Artemis II crew on path back to Earth after historic trip around the moon
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
Artemis II astronauts find hidden Easter eggs as they close in on the moon
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
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
Suspect arrested in California warehouse fire
Police arrested a suspected arsonist in a massive California warehouse fire. Video from what appears to be the suspect's social media account seems to show the fire as it was set. Investigators say the suspect is an employee of a third party distributor of Kimberly Clark. Jonathan Vigliotti has more.
Latest news on U.S.-Iran ceasefire
The U.S.-Iran ceasefire appears fragile as Tehran denounces Israeli strikes against Hezbollah in Lebanon. This comes as President Trump threatens more violence if the agreement is breached. CBS News' Elizabeth Palmer and Olivia Rinaldi report, and Retired U.S. Navy Vice Admiral Robert Murrett joins with more insight.
Mount Rushmore's controversial legacy
In the series "USA to Z," "CBS Mornings" looks at the history and controversial legacy of Mount Rushmore, which depicts four U.S. presidents. Vladimir Duthiers reports.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
"Survivor 50" castaway talks elimination
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.