Food costs are up, but your Thanksgiving feast will cost less this year
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
Inflation
Consumers expected to break holiday record
Despite rising inflation and economic uncertainty, Americans are expected to spend a record amount this holiday season. The National Retail Federation's annual holiday forecast estimates Americans will spend more than $1 trillion in November and December. Mark Matthews, chief economist and executive director of research at the National Retail Federation, joins "The Daily Report" to discuss.
You're living in a "K-shaped" economy. Here's how that affects you.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
How the economy could be driving voters
One of the key issues expected to be top of mind for voters on Tuesday is the economy. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
Americans to spend big this holiday despite gloomy economic views
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Halloween candy prices on the rise
Halloween is less than a week away. This year, forget the tricks– the treat prices are proving scary. Ali Bauman has more.
CPI report shows inflation continued to climb in September
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
What's behind the latest inflation numbers?
The Labor Department reports inflation is now at 3% -- the highest annual rate since January. Jo Ling Kent explains.
Inflation ticks up to 3% in September
The Bureau of Labor Statistics released the first piece of economic data since the shutdown began. Delayed more than a week, the Consumer Price Index shows the inflation rate ticked up in September to 3%. Kelly O'Grady has details.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
How rising inflation affected Americans
New data has emerged on the rising inflation rate in September as Americans continue to face higher costs for some of their favorite products. CBS News' Kelly O'Grady reports.
Social Security sets its COLA increase for 2026 at 2.8%
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
New data shows inflation rose in September
New Consumer Price Index data for September has emerged, showing inflation rose but at a slower pace than expected. CBS News contributor Javier E. David has more.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
Tariffs impacting consumer prices: analysis
A new analysis shows that President Trump's tariffs are starting to have an impact on businesses and consumers. The St. Louis Federal Reserve found that companies passed 35% of tariff costs onto shoppers early this summer. CBS News MoneyWatch reporter Megan Cerullo has more.
Price of gold hit record high this week. Here's why.
The rush for gold continues as economic uncertainty deepens and anxious investors seek a safe haven for their money.
California restaurant owner says tariffs, inflation leave him "barely breaking even"
The National Restaurant Association says menu prices for U.S. restaurants would need to increase by 30.3% just to maintain a thin profit margin of 5% under the current economic conditions.
Restaurant owner says he's "barely breaking even"
One family's legacy, an Italian restaurant called Sunday Gravy that's been operating for decades, is now "barely breaking even," owner Sol Bashirian says, as tariffs and inflation are eating into its profits. Elise Preston reports.
Government shutdown delays Social Security's cost-of-living announcement
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
Economists expect faster growth, but weaker job gains, through 2025
The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.
Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Foreclosure filings rising, report finds
As more U.S. homeowners struggle to keep up with mortgage payments and maintenance costs, new data shows the number of property foreclosures is steadily rising. CBS News contributor Javier David has more.
Rep. Massie is latest GOP incumbent to lose primary after Trump backs challenger
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
Live
Trump says he was "an hour away" from striking Iran
Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
Teen attackers in mosque shooting were wallowing in hate, investigators say
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Stelson to face GOP Rep. Perry in rematch in competitive Pennsylvania district
Stelson narrowly lost to Perry in 2024 in a district that became more competitive after redistricting nearly a decade ago.
Senate advances resolution to limit Trump's Iran war powers for first time
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
DOJ's settlement with Trump bans IRS from taking action over his old tax returns
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement deal between the Justice Department and Mr. Trump.
Mike Collins and Derek Dooley advance to runoff in Georgia GOP Senate primary
Rep. Mike Collins and former college football coach Derek Dooley will advance to a runoff next month in the Georgia GOP primary for Senate, as Republicans vie for an opportunity to take on Democratic Sen. Jon Ossoff.
U.S. intel assessment says military identified at least 10 mines in Strait of Hormuz
CBS News was unable to determine what type of mines were in involved in this latest assessment.
Trump's $1.7+ billion fund sparks rush to capitalize: "All J6ers will apply"
One Republican lawyer close to the administration told CBS News that they expect the fund to face court challenges even though "a lot of people in MAGA world are already counting their money."
U.S.
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New video shows fiery moments engine separated from UPS plane in deadly crash
The NTSB also revealed that the crew of the crashed jet had been reassigned to it after their original plane was taken out of service.
As gas prices surge, consumers search for other savings
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
Teen attackers in mosque shooting were wallowing in hate, investigators say
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Imam of San Diego mosque says his community has seen a rise in Islamophobia
The imam of a San Diego mosque that was targeted in Monday's shooting told CBS News that his community has seen a rise in "Islamophobia and anti-Muslim sentiment" in recent years.
U.S. intel assessment says military identified at least 10 mines in Strait of Hormuz
CBS News was unable to determine what type of mines were in involved in this latest assessment.
MoneyWatch
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As gas prices surge, consumers search for other savings
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
Is the teen summer job a thing of the past?
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
Polymarket to let users make prediction market bets on private companies
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
The 10 most affordable U.S. cities to buy a home
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
AI sparks backlash from new graduates. How deep does the disapproval go?
Many Americans are signaling disapproval of the technology amid fears that it will eclipse already competitive entry-level jobs.
Politics
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Rep. Massie is latest GOP incumbent to lose primary after Trump backs challenger
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
Keisha Lance Bottoms wins Georgia Democratic governor primary, CBS News projects
Former Atlanta mayor Keisha Lance Bottoms has secured enough support to avoid a runoff in Georgia's closely watched Democratic primary for governor, CBS News projects
Mike Collins and Derek Dooley advance to runoff in Georgia GOP Senate primary
Rep. Mike Collins and former college football coach Derek Dooley will advance to a runoff next month in the Georgia GOP primary for Senate, as Republicans vie for an opportunity to take on Democratic Sen. Jon Ossoff.
Stelson to face GOP Rep. Perry in rematch in competitive Pennsylvania district
Stelson narrowly lost to Perry in 2024 in a district that became more competitive after redistricting nearly a decade ago.
Live updating Pennsylvania 2026 primary election results
Pennsylvania voters went to the polls on Tuesday, casting their votes for Republican and Democratic candidates in congressional, gubernatorial and local races.
HealthWatch
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HealthWatch
Where things stand with the Ebola outbreak
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
Eroding ACA enrollment portends higher insurance rates
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
Latest on American who contracted Ebola
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo was evacuated after testing positive for Ebola.
Ebola strain in latest outbreak has no vaccine or treatment
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
World
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Senate advances resolution to limit Trump's Iran war powers for first time
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
First on CBS
Federal prosecutors open new criminal probe into Maduro, sources say
There is concern among some in the Justice Department that the pending charges against him are weak, sources said.
Who's who in Cuba's leadership? Here are the names to know.
President Trump has been openly mulling a takeover of Cuba similar to the operation that toppled Venezuela's Nicolás Madoro. What it would mean for the regime's leaders remains to be seen. Here are some of the figures to watch.
Iran stages mass weddings for couples ready for "self-sacrifice" in war
Iranian state media showed wedding ceremonies in Tehran for dozens of couples said to have volunteered for "self-sacrifice" in the war with the U.S.
Man gets death sentence for killing teen TikTok star in Pakistan
Sana Yousaf's murder in June drew nationwide condemnation and reignited debate over women's safety.
Entertainment
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Soon-to-be mom Beanie Feldstein reveals sex of her baby
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Beanie Feldstein on takeaways from kids' book
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
2-time "Survivor" contestant on 50th season
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Hayden Panettiere opens up in new memoir
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
Technology
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Technology
Privacy concerns grow over AI, phone numbers
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
Musk loses lawsuit against OpenAI
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
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.
Musk says he'll appeal OpenAI lawsuit dismissal
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Science
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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.
El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Crime
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Crime
Islamic Center shooting victims hailed as heroes
New details are coming out about the victims in Monday's shooting at the Islamic Center of San Diego. Lana Zak reports.
Mosque shooting victims hailed as heroes
Police and federal authorities are working to piece together the events leading up to Monday's deadly shooting at the Islamic Center of San Diego, as well as what exactly happened during the attack. CBS News' Anna Schecter has the details.
Teen attackers in mosque shooting were wallowing in hate, investigators say
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
San Diego imam describes victims of shooting
Imam Taha Hassan of the Islamic Center of San Diego tells CBS News about the beloved security guard and members of his mosque who died "sacrificed their lives for the entire community" during Monday's shooting.
FBI: Islamic Center shooters radicalized online
Investigators gave an update Tuesday on Monday's deadly shooting at a mosque in San Diego. CBS News' Lana Zak and Anna Schecter have the latest.
Space
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SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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
Senators grill Blanche over compensation fund
Senators grilled acting Attorney General Todd Blanche on Tuesday over the Justice Department's nearly $1.8 billion fund to compensate people who claim they were politically targeted. CBS News' Natalie Brand and Caitlin Huey-Burns report.
Expert: Current redistricting wave unprecedented
The redistricting battle for the 2026 midterms will have a profound impact on the balance of power in Washington, D.C. CBS News' David Becker, Anthony Salvanto, Nikole Killion and Caitlin Huey-Burns have more.
What's behind Cuba's energy crisis?
In January, the U.S. began a blockade of oil tankers to Cuba, exacerbating an ongoing energy crisis. Roxanna Vigil, international affairs fellow in national security at the Council on Foreign Relations, joins with analysis.
Barr projected to win Kentucky GOP Senate primary
CBS News projects that Andy Barr will win the Republican primary for Kentucky Senate. CBS News' Aaron Navarro, Caitlin Huey-Burns and Nikole Killion have more.
Inside the redistricting effect on primaries
Some Alabama primary races were postponed from Tuesday due to the redrawing of the state's congressional map. CBS News' Jan Crawford and Anthony Salvanto, along with Sabato's Crystal Ball managing editor Kyle Kondik, take a look at how redistricting efforts are changing primary battles across the country.