Stocks sink as oil prices sizzle and U.S. hiring fizzles
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Inflation
Iran war hits housing market as mortgage rates rise to 6%
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
Target to invest $2 billion in AI, stores, staffing as it seeks to reverse slump
Target will invest another $2 billion in its business this year to spruce up stores, remodel locations and invest in workers, the retailer said Tuesday as it outlined plans to try to reverse a persistent sales malaise and reclaim its footing in fashion and home categories.
The latest GDP data isn't as bad as it looks. Here's what to know.
A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.
Walmart and other big companies say tariffs are forcing them to hike prices
Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.
How a U.S. strike on Iran could affect American drivers and borrowers
Oil prices could surge depending on the level of disruption from U.S. military strikes on Iran, Wall Street analysts say.
January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
CPI rose at an annual rate of 2.4% in January, cooler than expected
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
What new inflation data says about high costs
New data on inflation rates is encouraging, but the burden of high prices continues to affect Americans. Erin Delmore, a geoeconomics correspondent, joins CBS News with more.
New inflation data beats expectations
New data shows inflation in the U.S. cooled more than expected in January. CBS News' Natalie Brand has more.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Reps. Jim Himes & Bryan Steil on "The Takeout"
Members of the House Select Committee on Economic Disparity and Fairness in Growth, chairman and Connecticut Democrat Rep. Jim Himes and Wisconsin Republican Rep. Bryan Steil, join Major Garrett for this week's episode of "The Takeout" to discuss the state of the U.S. economy, soaring energy prices and what options the current administration has in curbing rising costs.
Jill Schlesinger on "The Takeout"
Jill Schlesinger joins Major Garrett on this week's "The Takeout." Schlesinger and Garrett discuss the different terms around inflation, how the Fed affects inflation, the effect of the pandemic on the economy, bear markets, and stupid things smart people do with their money.
Trump delivers year-end address to nation
President Trump delivered a prime-time address from the White House on Wednesday night, touting the administration's actions during the first 11 months of his second term and outlining his goals for the next three years. CBS News' Norah O'Donnell anchors this special report.
Trump names Kevin Warsh as Fed Chair pick
President Trump on Friday announced former Fed Gov. Kevin Warsh as his pick to replace Jerome Powell as Federal Reserve Chair. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Warsh's experience.
Why the Fed held interest rates steady
The Federal Reserve, as expected, left its benchmark interest rate unchanged on Wednesday. The decision to keep the rate at its current mark comes after the central bank ended 2025 with three consecutive rate cuts. CBS News business analyst Jill Schlesinger breaks down the decision.
Powell: Economy has "pushed right through" trade changes
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating producer Richard Escobedo has the latest.
Economic standings one year into Trump term
President Trump touted his economic agenda this week as he reflected on one year back in office. Barron's reporter Sabrina Escobar joins "The Daily Report" to discuss where the economy stands right now.
Trump says U.S. economy is booming
President Trump boasted about his economic successes during the first year of his second term in the White House despite Americans' sentiments on high prices and inflation. CBS News' Fin Gómez and Javier E. David have more.
Polling on Trump a year into his second term
It's been one year since President Trump took the oath of office and became the United States' 47th president. CBS News executive director of elections and surveys Anthony Salvanto has new polling on how Americans feel a year into Trump's second term.
CBS News poll: 1 year in, Americans call for more inflation focus from Trump
Most Republicans feel Trump has done more than expected, while others have views that are more mixed.
Chew on this: U.S. food prices are up 19% since 2022
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
Trump touts strong U.S. economy
President Trump delivered remarks at the Detroit Economic Club on Tuesday, where he touted a strong U.S. economy. CBS News' Aaron Navarro has the latest.
CPI rose at 2.7% annual rate in December as inflation remains sticky
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
New data shows no change in inflation rates
New Consumer Price Index data depicts there was no change in inflation rates from November through December of 2025. Sam Goldfarb, a markets reporter for The Wall Street Journal, has more.
Live
Trump exalts progress in Iran war after warning country will be "hit very hard"
President Trump warned Iran that it would be "hit very hard," after calling for the country's "unconditional surrender."
Trump arrives at dignified transfer for soldiers killed in Iran
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Bodycam video contradicts ICE claims in fatal shooting of Ruben Ray Martinez
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
Hegseth says anyone helping Iran's war efforts will be "confronted strongly"
Defense Secretary Pete Hegseth said the U.S. will confront "anything that shouldn't be happening, whether it's in public or back-channeled."
Trump meets with Latin American leaders in Miami amid war on Iran
The White House called the gathering of Latin American leaders the "Shield of the Americas" summit.
Trump administration's embattled FDA vaccine chief is leaving — again
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
At least 6 dead after tornado rips through Michigan and storms hit central U.S.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
Venezuela's new gold rush moves at "Trump speed," but ignores a $25M question
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
American Oksana Masters wins 20th Paralympic medal
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
U.S.
More U.S.
Trump arrives at dignified transfer for soldiers killed in Iran
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Pope Leo names veteran Vatican diplomat as new ambassador to the U.S.
Italian Archbishop Gabriele Caccia, 68, is currently the Holy See's ambassador to the United Nations in New York.
Trump administration's embattled FDA vaccine chief is leaving — again
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
GOP Rep. Darrell Issa says he will retire, months after declaring he's "not quitting"
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
DOJ asks appeals court to restore Trump's executive orders targeting law firms
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
MoneyWatch
More MoneyWatch
Venezuela's new gold rush moves at "Trump speed," but ignores a $25 million question
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
House hunting? Here's what to know as the spring buying season arrives.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
United CEO said U.S. airfares could rise as Iran war drives up oil prices
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
These 10 jobs are most exposed to AI, Anthropic finds
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Stocks sink as oil prices sizzle and U.S. hiring fizzles
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Politics
More Politics
Trump meets with Latin American leaders in Miami amid war on Iran
The White House called the gathering of Latin American leaders the "Shield of the Americas" summit.
Trump administration's embattled FDA vaccine chief is leaving — again
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
GOP Rep. Darrell Issa says he will retire, months after declaring he's "not quitting"
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
DOJ asks appeals court to restore Trump's executive orders targeting law firms
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
Man convicted in plot to assassinate Trump that was tied to Iran's paramilitary
A Pakistani business owner accused of trying to hire hit men to kill a U.S. politician has been convicted in a trial that showcased allegations of Iran-backed plotting on American soil.
HealthWatch
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A Pilates teacher thought she had the flu. Doctors found aggressive cancer
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
Trump administration's embattled FDA vaccine chief is leaving — again
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
RFK Jr. challenges Dunkin' and Starbucks over sugary drinks
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Some baby formula brands contain heavy metals, Consumer Reports says
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
States face pushback on their rural health transformation plans
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
World
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Trump arrives at dignified transfer for soldiers killed in Iran
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
American Oksana Masters wins 20th Paralympic medal
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
Bombing at nightclub in Peru injures 33, including minors, authorities say
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
U.K. killer Ian Huntley dies after prison attack
Ian Huntley, 52, had been on life support after being hit repeatedly over the head with a metal bar in a U.K. prison on Feb. 26.
China's Xi Jinping calls for political loyalty amid military purge
"There must be no one in the military who harbors disloyalty to the (ruling Communist) Party," Xi said.
Entertainment
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Entertainment
Paul McCartney's overlooked work
"CBS Saturday Morning" sits down with Morgan Neville, the director of "Man on the Run," a documentary about the life of Paul McCartney after the Beatles broke up.
Cory Wong performs "Roses Fade"
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Roses Fade" with Devon Gilfillian.
Cory Wong performs "Blame It On the Moon"
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Blame It On the Moon" with Devon Gilfillian.
Cory Wong performs "All Night, Alright"
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "All Night, Alright" with Taylor Hanson.
Book excerpt: "Judge Stone" by Viola Davis & James Patterson
The Academy Award-winning actress and the bestselling writer team up for a courtroom thriller that touches on the lightning-rod issue of abortion.
Technology
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Technology
Study: AI overuse can lead to "brain fry"
Artificial intelligence promised to lighten the workload while increasing productivity. But as more people are using AI for work, a new study published in Harvard Business Review finds AI overuse could cause "brain fry." CBS News correspondent Lana Zak spoke with the study's lead author to unpack the findings.
Affordable ways to protect your aging parents
The most recent government data shows nearly 28% of Americans live alone. The number has risen for decades, especially for older generations. Ash-har Quraishi shows simple tools that can provide extra security and protection for your aging loved ones.
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 CEO apologizes for leaked memo
The CEO of Anthropic is apologizing for a leaked internal memo amid a feud with the Pentagon over its AI model. The memo criticized the Trump administration and OpenAI. It comes after the Defense Department declared Anthropic a supply chain risk or a possible security risk.
Pentagon designates Anthropic a supply chain risk
The Pentagon formally designated artificial intelligence firm Anthropic as a supply chain risk on Thursday amid their feud over AI guardrails. Yahoo Finance senior reporter Brooke DiPalma joins CBS News with more.
Science
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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.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
More Crime
Bombing at nightclub in Peru injures 33, including minors, authorities say
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
U.K. killer Ian Huntley dies after prison attack
Ian Huntley, 52, had been on life support after being hit repeatedly over the head with a metal bar in a U.K. prison on Feb. 26.
Latest on Utah triple murder suspect
A manhunt for a triple murder suspect in Utah ended Thursday when Ivan Miller, 22, was arrested in Colorado. Here's what to know about the investigation.
Austin gunman assaulted woman at Tesla facility in December, lawsuit alleges
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
Kouri Richins' friends take stand at trial
Becky Lloyd, a neighbor and friend of Kouri Richins, who is accused of fatally poisoning her husband in 2022, testified at her trial on Thursday about conversations they had about Richins' marriage. Lloyd said Richins' told her, "In many ways it would be better if he [Richins' husband], if he were dead" in a serious tone. Richins denies killing her husband and has pleaded not guilty to charges.
Space
More Space
Space
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.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
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.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Latest Galleries
More Latest Galleries
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
Targeting Americans I Sunday on 60 Minutes
After nine years of reporting, 60 Minutes has uncovered new information about a device that may be linked to Havana Syndrome, mysterious brain injuries reported by U.S. government and military officials. 60 Minutes has new details about what sources say is a weapon built by a foreign adversary. Sunday.
From the archives: "Voices of the Civil Rights Movement"
Civil rights activist Bernard Lafayette, who helped organize the Selma Voting Rights Movement in the 1960s, died March 5, 2026, at age 85. In this 1980 "Sunday Morning" report by Ted Holmes, Lafayette, along with Bernice Reagon, E.D. Nixon and Ibisoto Ajamu, attended "Voices of the Civil Rights Movement," a reunion of civil rights organizers, song leaders and photographers held by the Smithsonian Institution in Washington, where the remembrances and songs of the movement were celebrated.
Iran's president apologizes to neighbors
Iranian President Masoud Pezeshkian released a video apology to Iran's neighbors for the retaliatory strikes against Israel and U.S. bases in the Middle East, saying they will stop striking other Persian Gulf states unless attacked first. CBS News' Imtiaz Tyab has more from Doha.
U.S. and Israel hit Iran with more attacks
The U.S. and Israel's war against Iran entered its eighth day, with ongoing strikes on Tehran. CBS News chief correspondent Matt Gutman has the latest from Tel Aviv.
Hegseth on Russian involvement in Iran
Secretary of Defense Pete Hegseth told CBS News' Major Garrett that "no one's putting us in danger" over reports of Russia sharing intelligence with Iran in a 60 Minutes interview airing Sunday, March 8. CBS News national security contributor Samantha Vinograd has more.