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Wholesale prices rose 0.3% in November, despite efforts to cool inflation. The numbers could signal another interest rate hike by the Federal Reserve. Bob Elliot, the CEO and CIO of Unlimited, joins CBS News' Lana Zak and Tanya Rivero to discuss.
Gas prices continue to fall and are now lower than they were one year ago. While plunging gas prices have provided some relief, Americans are still facing stubbornly high inflation. Kris Van Cleave takes a look.
China's trade is suffering its worst slump in nearly three years. The drop announcement comes as China rolls back its stringent COVID-19 policies following widespread protests. Marley Kayden, a business reporter and professor for DePaul University, joins CBS News to discuss how pulling back these policies could impact the Chinese economy. She also weighs in on what's expected at the Federal Reserve's next meeting.
The Dow plunged over 480 points Monday as investors remain fearful the Federal Reserve could drive the economy into a recession with additional interest rate hikes. Dory Wiley, president and CEO of Commerce Street Holdings, joined CBS News' Lilia Luciano on the implications of the Fed's next move.
The U.S. added more than 260,000 jobs in November despite the Federal Reserve's efforts to cool off the economy by raising interest rates. J.D. Durkin, host of "TheStreet," joins CBS News from the floor of the New York Stock Exchange to discuss investors' reaction to the new report.
CBS News contributor Javier E. David joined Vladimir Duthiers and Anne-Marie Green with a look at the November jobs report and what it shows about the U.S. labor market as rising interest rates start to bite.
Federal Reserve Chair Jerome Powell said Wednesday that the Fed could slow interest rate hikes as soon as December. Larry Adam, chief investment officer at Raymond James, joined CBS News to discuss Powell's comments and what it could mean for the economic outlook.
Ryan Payne, president of Payne Capital Management, joined CBS News to discuss the latest U.S. economic indicators and what the third-quarter rise in the GDP means for consumers and the economy.
U.S. home sales fell 5.9% in October, and have fallen 28.4% since last year, according to new numbers from the National Association of Realtors. Mark Lehmann, chief executive officer for JMP Securities joined CBS News to discuss the volatile state of the housing market and what potential homebuyers should expect for the near future.
From the coronavirus pandemic to inflation, Americans have spent the last two-and-a-half years delaying big purchases and even avoiding events due to economic uncertainty. Ted Rossman, senior industry analyst at Bankrate, joins CBS News to discuss a new survey that shows where people are cutting back.
The meeting between President Biden and Chinese President Xi Jinping was seen as a good sign by traders who bet on the markets. Eswar Prasad, the Tolani senior professor of trade policy at Cornell University, joined CBS News' John Dickerson to discuss what the talks mean for the world economy and more.
European markets have been taking direct hits following the resignation of British Prime Minister Liz Truss. The continent was already facing record-high inflation and interest rate hikes, similar to the U.S. Akin Oyedele, investing deputy editor at Business Insider, joined CBS News' Catherine Herridge to discuss.
Core inflation in the U.S. surged to the highest level in 40 years as prices for housing, food and health care continued to rise. Abha Bhattarai, an economics correspondent for The Washington Post, joined Catherine Herridge to discuss September's CPI report.
CBS News chief foreign affairs correspondent Margaret Brennan joins CBS News' Catherine Herridge to discuss this week's edition of "Face the Nation." They break down the Federal Reserve's latest interest rate hike and preview an upcoming exclusive interview with Ukrainian President Volodymyr Zelenskyy.
The consumer price index rose 7.7% in October from a year earlier. Javier David, managing editor for business and markets at Axios, joined CBS News' Anne-Marie Green and Nancy Chen with a look at how the markets are reacting.
Historically, the stock market sees a considerable rise in the year following the midterms. Marley Kayden, business reporter and professor at DePaul University, joins CBS News to discuss investors' expectations for the 2022 elections and what we should anticipate from the market.
The Dow Jones rose more than 420 points on Monday ahead of Election Day. Kristin Myers, editor-in-chief of "The Balance," joins CBS News to discuss what she expects and the trends we've historically seen have following the midterms.
The Labor Department reported a drop in jobless claims for the week ending Oct. 29. This comes as the Federal Reserve hiked interest rates this week in an effort to tame rising inflation. Nick Bunker, economic research director for the Indeed Hiring Lab, joined CBS News to help bring clarity to the state of the economy and project what could be next.
Home sales across the country over the last eight months are down as the Federal Reserve raises interest rates. Rising mortgage rates are shrinking the number of people who can get a loan and buy a home. Lilia Luciano takes a look.
Bank boss Andrew Bailey said there was a "tough road ahead," and if action isn't taken now, things "will be worse later on."
The Fed lifted its key interest rate again, marking the sixth rate hike this year and the fourth consecutive 0.75 percentage point jump since June. William Lee, the chief economist at the Milken Institute, joins Elaine Quijano to discuss the policy.
The Federal Reserve has taken the aggressive step of raising interest rates by another three-quarters of a percentage point. Jeff Taylor, board member at the Mortgage Bankers Association, and CBS News reporter Sarah Ewall-Wice join anchors Errol Barnett and Lana Zak to discuss what this means for the economy.
The Federal Reserve is widely expected to raise interest rates by three-fourths of a percentage point. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News' Errol Barnett and Lana Zak on how this will impact consumers.
Markets turned volatile after the Federal Reserve announced it would increase interest rates by three-quarters of a percentage point. CBS News' Errol Barnett and Lana Zak speak with Edward Moya, senior market analyst for Oanda, about what today's action could signal for the markets and the economy.
In an effort to bring down the worst inflation the U.S. has seen in years, regulators are prepared to hike interest rates by another three quarters of a percentage point Wednesday. Megan Greene, senior fellow at Brown University and global chief economist at the Kroll Institute, joins CBS News to discuss the fallout and what it means for home buyers and sellers.
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Jeffrey R. Holland was next in line to lead the Mormon church under a long-established succession plan.
The boy, identified by police as Coco, was found in chest-deep waters but was not injured.
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
The suspected gunman was shot and killed by law enforcement, authorities said.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Thailand and Cambodia signed a ceasefire agreement on Saturday after weeks of deadly fighting along their border.
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
Peter Turnley, an American and French photographer known for documenting the human condition, finds comfort in Paris. His new book "PARIS Je t'aime" showcases 50 years of photographs from his favorite city.
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Now And Then (In Remembrance Of...)."
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Three Little Words."
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
Smith previously played young Nala in "The Lion King" on Broadway.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The world's first passenger train took its maiden voyage in rural England in 1825, making this year its bicentennial. "CBS Saturday Morning" reports on its impact.
Peter Turnley, an American and French photographer known for documenting the human condition, finds comfort in Paris. His new book "PARIS Je t'aime" showcases 50 years of photographs from his favorite city.
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Now And Then (In Remembrance Of...)."
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Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Three Little Words."