Economic challenges continue with inflation
Despite unemployment hitting a record low, Americans are still seeing high prices at grocery stores and gas stations. Scott MacFarlane has more on the economic situation from the White House.
Inflation
MoneyWatch: Unemployment drops in March
According to a report released Friday by the U.S. Bureau of Labor Statistics, U.S. employers added 431,000 jobs in March. Wages also picked up and unemployment dropped, but high inflation rates and a high demand for workers continue to plague the U.S. CBS News' Tanya Rivero and Nikki Battiste discuss the report with Diane Swonk, a chief economist for Grant Thornton.
Europe seeks energy independence from Russia
Gas prices are once again climbing in Europe, which gets 40% of its gas from Russia, because of supply-chain-related concerns related to the invasion of Ukraine. Josh Wingrove, White House reporter for Bloomberg, joins CBS News' Tanya Rivero and Mola Lenghi to discuss where Europe could begin looking for its future gas needs.
Inflation will clobber "entitled generation," BlackRock exec says
"We have a very entitled generation that has never had to sacrifice," Rob Kapito reportedly said at an oil and gas conference.
Stimulus checks for gas? Here's what could be coming your way.
A trio of bills in Congress would offer stimulus payments and rebates to help Americans cope with soaring gas prices.
Several states temporarily suspend gas taxes
Certain states have temporarily suspended their gas taxes as prices at the pump have surged in the U.S. amid inflation and Russia's war with Ukraine. Tamar Essner of Vectis Energy Partners joined CBS News' Meg Oliver and Tanya Rivero to discuss the gas tax holiday.
Here are the states suspending their gas taxes
As gas prices soar across the country to record highs, states are grappling with how to help consumers.
Inflation is just crushing U.S. renters
The cost of housing, heating and transportation is reaching record highs, squeezing renters on all sides.
War in Ukraine exacerbates global food crisis
Ukraine is one of the world's top exporters of wheat. Many countries in Africa and the Middle East rely on the country for its food products. But, Russia's attacks on Ukraine are disrupting its agricultural and shipping industries. Joseph Glauber, a senior fellow at the International Food Policy Research Institute, joined CBS News to discuss.
Pandemic impact on commercial real estate
A shift to remote work during the COVID-19 pandemic emptied out offices across the U.S., but companies are now bringing their workers back. However, the real estate market for offices is in a whole different place than it was before the pandemic. Crain's New York Business editor-in-chief Cory Schouten joins CBS News to discuss how small businesses and tenants have the upper hand.
MoneyWatch: Tips for coping with inflation
U.S. inflation is at its highest rate in 40 years. Economists at Moody's Analytics say higher costs add up to almost $300 per month for the average family. CNET Money editor-at-large Farnoosh Torabi joins CBS News' Tony Dokoupil and Tanya Rivero to share spending strategies that may help offset inflation's toll on your wallet.
"Hypermilers" go to extremes for fuel efficiency
As gas prices hover near record highs, some drivers are going to extremes to conserve fuel. They're known as "hypermilers." Kris Van Cleave takes a look.
Stock market reacts to interest rate hike
The Federal Reserve announced it will raise interest rates by a quarter percentage point to fight soaring gas prices and inflation. Trading expert Joe Saluzzi joined CBS News' Anne-Marie Green and Vladimir Duthiers to discuss how the stock market is reacting and what this means for our bank accounts.
Trucking industry hit hard by rising fuel costs
Record diesel prices are stalling the trucking industry. The costs are trickling down through the economy. Errol Barnett reports.
Trucking industry feels pain of rising diesel prices
The steep prices are trickling down through the economy.
Can Keystone XL pipeline lower U.S. gas prices?
As Americans face record high gas prices, many are debating whether the Keystone XL pipeline could help. Here's what experts say.
Federal Reserve announces interest rate hike
The quarter-point hike is the first rate increase since 2018 as the central bank looks to rein in inflation.
Federal Reserve expected to raise interest rates
The Federal Reserve is expected to raise interest rates by a quarter point on Wednesday amid soaring inflation rates. Joe Glauber, a senior research fellow for the International Food Policy Research Institute, joins CBS News' Lana Zak and Enrique Acevado to discuss the Fed's plan and how it could affect rising food prices and related food insecurity.
Here's how much inflation is costing Americans each month
Sharply higher prices for food, energy and other products are draining household budgets across the U.S.
Omicron variant, inflation cause stock drop
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the stock market's drop upon news that the Fed could end some emergency COVID measures sooner than expected. Plus, what the newly-identified Omicron COVID-19 variant is doing to the economy.
How to cut costs amid 7.9% inflation
CBS News business analyst Jill Schlesinger joins "CBS Morning" to share ways to save money at the gas pump and grocery store amid record-high inflation.
How supply shortages will impact Thanksgiving
Supply chain problems across the country could cause havoc for people's holiday plans. Meg Oliver finds out why shoppers may want to hit the grocery store soon to prepare for Thanksgiving, and Jill Schlesinger tells us how long we can expect to see inflated prices.
U.S. inflation hits 31-year high
The Labor Department said inflation has hit a 31-year high, with prices rising at more than double the rate seen in recent decades. This comes as supply shortages continue across the country. Nancy Cordes reports from the White House.
Grocery stores facing shortages again
New federal inflation data shows consumer prices soared over the last year, affecting everything from gas to food. Inflation rose 7% since December 2020 — the fastest in nearly 40 years. Many shoppers are also noticing empty shelves at their grocery stores, due to severe weather and rising COVID-19 cases. Scott MacFarlane reports from Bethesda, Maryland.
Biden's State of the Union agenda
President Biden will deliver his first State of the Union address on Tuesday. Amid falling poll ratings, he plans on tackling U.S. inflation rates, federal minimum wage and the Russia conflict in Ukraine. Ed O'Keefe has a preview.
Live
Trump says Strait of Hormuz deal could happen as soon as today
President Trump told reporters Tuesday evening that an announcement on the Strait of Hormuz could happen today or tomorrow, following talks between Iran and Oman.
Progressive Abdul El-Sayed projected to win Michigan Democratic Senate primary
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
White House declassifies info on secret FBI probe into Trump's firing of Comey
The White House has declassified information claiming the FBI probed whether President Trump acted as a Russian asset when he fired James Comey, a theory an administration official said wasn't backed up by evidence.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed has a narrow led in the state's Democratic Senate primary against Rep. Haley Stevens.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Senate confirms Dr. Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Perez Hilton hospitalized after livestreaming acts of self-harm, officials say
In the livestream, which has since been taken down, Hilton appears to be bloodied and in a distressed mental state.
Norah O'Donnell: 7 things I learned from trainer Kira Stokes
Kira Stokes, who has been in the fitness industry for three decades, taught me to treat movement as medicine for both your body and mind.
Pirro brought box of evidence to show Trump what caused Reflecting Pool damage
U.S. Attorney for D.C. Jeanine Pirro was seen with a large box as she left the White House Monday after her meeting with President Trump.
U.S.
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As FDA approves marketing for nicotine pouches, some doctors sound alarms
One health advocate called nicotine pouches a "profound risk" for young people.
Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Senate confirms Dr. Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
MoneyWatch
More MoneyWatch
Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
SpaceX shows strong growth in its first earnings report since IPO
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
Chipotle removes jalapeños linked to Minnesota salmonella outbreak
The restaurant chain said it pulled the peppers and replaced them with product from another grower amid a food-poisoning probe.
Politics
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Senate confirms Dr. Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Progressive Abdul El-Sayed projected to win Michigan Democratic Senate primary
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed is now projected to win Michigan's Democratic Senate primary against Rep. Haley Stevens.
HealthWatch
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As FDA approves marketing for nicotine pouches, some doctors sound alarms
One health advocate called nicotine pouches a "profound risk" for young people.
Senate confirms Dr. Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Norah O'Donnell: 7 things I learned from trainer Kira Stokes
Kira Stokes, who has been in the fitness industry for three decades, taught me to treat movement as medicine for both your body and mind.
Exercise: Your Insurance Policy for the Future
In this episode of Healthful, Norah O'Donnell is joined by her personal trainer and fitness expert, Kira Stokes. Since they started exercising together 12 years ago, Kira pushed Norah to lift heavier weights - something Norah initially resisted. Norah has since learned that you lose up to 8-percent of your muscle mass every decade after the age of 30. The two discuss the emotional connection between movement and mental health, how to get started exercising, and what about those weighted vests! Plus - Norah answers what her favorite and least favorite exercises are. We'd love to hear what topics you want to hear covered on Healthful. Text Norah at 202-217-1107.
Chipotle suspected in salmonella outbreak
At least 110 people have fallen ill from salmonella in Minnesota, the vast majority of whom reported having eaten at the Mexican chain Chipotle. Tom Hanson has the story.
World
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$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Baby "cocaine hippo" linked to infamous drug lord is rescued in Colombia
Colombia has around 200 so-called "cocaine hippos" living in the wild, all of which descended from a colony brought to South America by slain cocaine kingpin Pablo Escobar.
Record-low Danube River levels threaten shutdown of Hungary's nuclear plant
Three of four units of Hungary's Paks nuclear power plant were not in operation and the fourth was operating at about 50%, as of Wednesday morning.
Russian drone factory director seriously injured in car explosion
Vladimir Tkachuk has been pictured showcasing his drones to President Vladimir Putin.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Entertainment
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Entertainment
Aaron Pierre talks new series, "Lanterns"
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
Stranger rescues band from car troubles
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
Ariana Grande on her plans to take break
One day after announcing she'll step back from the spotlight after her tour ends, Ariana Grande spoke directly to fans at Monday night's show in Chicago. The singer said the decision was her own and "was made from a thoughtful and empowered place."
Jordan Roth talks "The Shards"
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
Hollywood on hot streak at the box office
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
Technology
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Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
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.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
Myspace plans relaunch
Y2K nostalgia is in full swing -- and soon, 2000s social media site Myspace may be making a full comeback to the World Wide Web. TechRadar editor-at-large Lance Ulanoff shares his reaction.
Science
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Science
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Crime
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Crime
Latest details from Lindsay Clancy trial
The murder trial of Lindsay Clancy wrapped its seventh day on Wednesday. Clancy has admitted to killing her three children, but her defense says she was experiencing an extreme mental health crisis at the time of their deaths. CBS News' Shanelle Kaul has more.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Russian drone factory director seriously injured in car explosion
Vladimir Tkachuk has been pictured showcasing his drones to President Vladimir Putin.
What is postpartum psychosis?
Massachusetts mom Lindsay Clancy is on trial for murder after she allegedly killed her three children. Her lawyers say that she was overmedicated during her mental health crisis, which sparked postpartum psychosis. Dr. Veerle Bergink, director of Mount Sinai Women's Mental Health Center, explains more about postpartum mental health.
Lindsay Clancy speaks in court at her trial
In court on Tuesday, Lindsay Clancy spoke for the first time as she agreed to a "stipulation of facts" that would fast-track her trial. Her lawyers claim she was mentally ill and not responsible for her actions when she killed her three young children. Shanelle Kaul reports.
Space
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SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
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.
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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Silicon Valley Scandal | 60 Minutes Archive
Last week eBay agreed to pay $55.7 million to a Massachusetts couple that was the victim of a bizarre harassment and cyberstalking campaign orchestrated by former employees of the company. In 2023, 60 Minutes spoke with the couple, Ina and David Steiner.
SpaceX stock falls on high AI spending
CBS News business contributor Javier David breaks down why SpaceX shares fell on Wednesday after the company announced higher spending on AI in its earnings report.
Spokane braces for continued fire danger
As wind conditions worsen, Washington officials are concerned that firefighters may have an even harder time containing the devastating fires burning the Spokane area. CBS News' Kris Van Cleave and Jessica Burch report.
Trump says Hormuz deal could happen Wednesday
President Trump told reporters "a lot of progress had been made" on reopening the Strait of Hormuz and suggested a deal could be announced as early as Wednesday. CBS News' Natalie Brand has the details.
8/4: The Takeout with Major Garrett
Five states held primary elections Tuesday, including a key Democratic Senate race between Abdul El-Sayed and Haley Stevens.