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.
Inflation
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.
Prices of essential items continue to surge
Americans are seeing a significant price increase for essential items, hitting a 40-year high. Sarah Foster, an analyst for Bankrate.com, joins "CBS News Mornings" to discuss how Americans can combat the rise in the cost of goods.
8 in 10 travelers experienced travel problems this year, survey finds
The findings come as Americans continue to struggle with higher inflation.
Are corporate profits driving inflation?
There are two commonly-accepted aspects of economics that determine prices: supply and demand. But some say a third factor is companies' pursuit of increased profits in the midst of supply-and-demand chaos stirred by war and pandemic. Correspondent David Pogue talks with former Treasury Secretary Larry Summers, former Labor Secretary Robert Reich, and economist Mike Konczal about the legitimacy of corporate avarice
"Greedflation": Is corporate profit-taking driving prices higher?
Two commonly-accepted aspects of economics that determine prices are supply and demand. But some say a third factor is companies exploiting our present chaos, stirred by war and pandemic, in the pursuit of increased profits.
Britain feels the impact of record inflation
Britain's inflation rate hit a new 40-year high of 9.1%.
Inflation rates climb across the globe
The United States isn’t the only country seeing inflation rates soar. In Britain, costs have increased up to 25 to 30%, sending shockwaves throughout industries. Roxana Saberi has more.
Mick Mulvaney weighs in on the U.S. economy
Mick Mulvaney, former acting White House chief of staff, spoke to CBS News’ Catherine Herridge about the current state of the U.S. economy and why he believes a recession is "inevitable."
Hiring remains strong despite Fed interest rate hikes
U.S. employers added 372,000 jobs, the Labor Department reported Friday, greatly surpassing what economists had expected. Akin Oyedele, investing deputy editor for Business Insider, joins Catherine Herridge to discuss what these numbers could mean.
Las Vegas home prices drop for first time in 2 years
Home prices in Las Vegas have dropped for the first time in over two years. According to the Las Vegas Review Journal, increasing mortgage rates and decreasing home sales are causing the trend. Eli Segall, a real estate reporter for the Las Vegas Review Journal, joins CBS News' Jamie Yuccas to discuss.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
"I don't think I fully just appreciated what it would actually be like when the progress was as fast as it was," Anthropic CEO Dario Amodei told CBS News.
Live
Iran-backed Houthis tighten grip on key oil shipping lane
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
Trump says he would "love" a unified Ireland as he kicks off visit
President Trump's visit to Ireland mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
Celine Dion overcomes rare neurological disorder to perform first concert in 6 years
Celine Dion's return to the stage underscored a remarkable comeback after stiff-person syndrome, an incurable condition that causes stiffness and cramps, forced her to cancel shows and cast years of uncertainty over whether she would ever perform again.
El Niño creates record-low Atlantic hurricane season
An El Niño pattern occurs every two to seven years.
Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Elena Rybakina bests defending champion Aryna Sabalenka to win her first U.S. Open
Aryna Sabalenka, the two-time defending U.S. Open champion, was dethroned Saturday, losing to Elena Rybakina in three sets.
President Trump's childhood home sells after renovation
The president lived at the Tudor-style Queens estate until age 4.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Deputies respond to trespasser at Malibu home of Kamala Harris
A trespasser was reported at former Vice President Kamala Harris' Malibu, California, home.
Elena Rybakina bests defending champion Aryna Sabalenka to win her first U.S. Open
Aryna Sabalenka, the two-time defending U.S. Open champion, was dethroned Saturday, losing to Elena Rybakina in three sets.
U.S. women beat Spain 76-66 to reach the FIBA World Cup final against France
Breanna Stewart scored 16 points and Kahleah Copper added 13 to help the U.S. beat Spain 76-66, advancing to the championship game of the women's FIBA World Cup.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
MoneyWatch
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Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
See how your income tax bracket could change for 2027
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
How lower-paid workers are getting their biggest pay raise in years
Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.
Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Politics
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Deputies respond to trespasser at Malibu home of Kamala Harris
A trespasser was reported at former Vice President Kamala Harris' Malibu, California, home.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
President Trump's childhood home sells after renovation
The president lived at the Tudor-style Queens estate until age 4.
Trump says he would "love" a unified Ireland as he kicks off visit
President Trump's visit to Ireland mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
HealthWatch
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Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
World
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Search underway after Indonesian passenger ship loses contact
Indonesian rescuers launched a search operation after authorities lost contact with a passenger ship carrying more than 240 people in the Java Sea.
Celine Dion overcomes rare neurological disorder to perform first concert in 6 years
Celine Dion's return to the stage underscored a remarkable comeback after stiff-person syndrome, an incurable condition that causes stiffness and cramps, forced her to cancel shows and cast years of uncertainty over whether she would ever perform again.
Putin warns Europe against sending troops to Ukraine
Russian President Vladimir Putin warned that sending European troops into Ukraine would amount to direct conflict with Russia.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
Train derailment in France injures 44, police suspect sabotage
The regional train was carrying 186 passengers from Rouen to Caen when it derailed Friday evening in Cleon.
Entertainment
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Celine Dion overcomes rare neurological disorder to perform first concert in 6 years
Celine Dion's return to the stage underscored a remarkable comeback after stiff-person syndrome, an incurable condition that causes stiffness and cramps, forced her to cancel shows and cast years of uncertainty over whether she would ever perform again.
9/12: Saturday Morning
President Trump's trip to Ireland, the artist who sketched Ground Zero, a travel expert's top honeymoon destinations and much more.
Jason Scott & The High Heat play "Fast As I Can Crawl"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Fast As I Can Crawl."
Jason Scott & The High Heat play "When Love Tries To Hurt You"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "When Love Tries To Hurt You."
Jason Scott & The High Heat play "Too Good, Too Bad"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Too Good, Too Bad."
Technology
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Technology
The biggest real-world risks of AI
A number of tech insiders have voiced concerns and given dire warnings in recent days about the rapid growth of AI. CBS News' Jo Ling Kent and Maya Blackstone have more.
Are bioweapons a looming AI threat?
Some tech insiders are sounding the alarm on the dangers of artificial intelligence, which could be used to disable critical infrastructure or create biological weapons. Dr. Céline Gounder weighs in.
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.
AI could "kill us all," researcher says
Two tech insiders are sounding the alarm on artificial intelligence. Former Anthropic researcher Jacob Coxon warns that AI could "kill us all," and now former Google DeepMind researcher Alex Turner warns that society is "just not prepared."
Ex-Anthropic researcher warns AI could grow "smart enough to kill us"
The development of AI "doesn't look that different from say, 'Terminator,' or from science fiction films," Jacob Coxon said.
Science
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Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Crime
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Crime
Lindsay Clancy juror speaks out
Paula Devlin, a juror in the murder trial of Lindsay Clancy, sat down with Shanelle Kaul to share her experience with the high-profile case and tense deliberations that ultimately ended in a mistrial.
Man arrested in death of Tasia Fortune, woman found hanging from tree
Mississippi police have arrested a man in the death of Tasia Fortune, a Black woman found hanging from a tree last month.
State of al‑Qaeda 25 years after 9/11 attacks
25 years after 9/11, we rarely hear about the state of the organization responsible for the attacks. The Atlantic recently put out a piece on al-Qaeda that says in part, "analysts can't decide if the terrorist organization is all but defunct or more threatening than ever." The article's author, Graeme Wood, joins "The Takeout" to discuss.
New terror threats against U.S. post 9/11
The FBI is warning of potential attacks on 9/11 remembrance ceremonies as terrorist groups call for new strikes on U.S. soil. Anna Schecter has more.
Suspects in $6 million romance scam targeting women extradited to U.S.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX 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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
Anthropic CEO calls for third-party AI checks
In an interview with CBS News, Anthropic CEO Dario Amodei encouraged the artificial intelligence industry to come together in the pursuit of safeguards. Watch the interview on "CBS Sunday Morning" on Sept. 13.
Anthropic CEO on the speed of AI development
Anthropic CEO Dario Amodei told CBS News that he didn't fully anticipate the effects of rapid artificial intelligence development, while also encouraging the public not to panic. Watch the interview on "CBS Sunday Morning" on Sept. 13.
Photographer remembers capturing 9/11
A photographer who documented the horror of 9/11 reflects on how he captured a defining image of the tragedy and the significance of the photo 25 years later. Bradley Blackburn reports.
How the 9/11 Memorial marks victims' birthdays
As the nation marks 25 years since the 9/11 terror attacks, Jarred Hill takes a look at how the memorial in New York honors the lives of those who died year round through the birthday flowers program.
Millennials might be bringing back the minivan
SUVs have long dominated the family car market -- but an old-school favorite is pulling back into the picture. Minivans are seeing a huge sales surge as a new generation is giving the family hauler another look. Evyn Moon explains what's driving the comeback.