Last CPI report before Election Day
The latest consumer price index report, the last that will be released before Election Day, showed inflation continued to cool in September. CBS News business analyst Jill Schlesinger has more.
Interest Rates
Jobs report shows U.S. economy's strength
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS News senior business and technology correspondent Jo Ling Kent reports on how the report reflects on the U.S. economy. White House economist Jared Bernstein joins CBS News 24/7 to discuss the new numbers.
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
Federal Reserve interest rate cut effect
The Federal Reserve's interest rate cut announcement has already affected the prices of some mortgage rates and credit card interest rates. CBS MoneyWatch associate managing editor Aimee Picchi reports.
Why built-to-rent communities are becoming popular
With home prices and interest rates remaining stubbornly high, many people who believe they will never be able to afford a home are turning to built-to-rent communities. Kris Van Cleave explains.
5 key takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Spotting scams when homebuying, renting
The CBS News Confirmed team investigated housing scams that are impacting Americans nationwide. CBS News national consumer correspondent Ash-har Quraishi has more on avoiding scams when buying or renting a home.
Fed cuts interest rates, what happens now?
The Federal Reserve on Wednesday announced an interest rate cut of 0.5%, bringing rates down from their previous 23-year high. CBS News contributor Javier David has more on what that means for you.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Why the Fed cut rates for first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for TheStreet, joins CBS News to explain the Fed's move.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Here's how the Fed's rate cut could impact your credit card balance
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
Federal Reserve cuts interest rates
The Federal Reserve has announced a cut to interest rates by 0.50 percentage points. This is the first cut to its benchmark interest rate since March 2020. CBS News business analyst Jill Schlesinger and Al Root, an associate editor at Barron's, break down the news.
Interest rates expected cut from the Fed
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's announcement.
Previewing the Fed decision on rate cuts
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.
High prices, low inventory for new homes
Americans looking to buy or rent a new home are seeing higher prices and low inventory. CBS News senior business and technology correspondent Jo Ling Kent breaks down the latest in the U.S. housing market.
PPI data meets expectations
Wall Street opened with a bumpy start Thursday after the producer price index in August rose in line with expectations. CBS News contributor Javier David discusses how the data might affect the Federal Reserve's interest rate decision next week.
U.S. inflation drops to lowest level in years
Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Martin Baccardax, senior editor and chief markets correspondent for the Street, joins to discuss.
Inflation eases ahead of expected rate cuts
The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. Jo Ling Kent has details.
August CPI report shows 0.2% inflation rise
The Consumer Price Index rose 0.2% in August, the same as July, putting the 12-month inflation rate at 2.5%. CBS News contributor Javier David has a look at the numbers and what they might mean for interest rates.
U.S. employers add 142,000 jobs in August
The U.S. added 142,000 jobs in August, slightly below economists' expectations while unemployment decreased from 4.3% to 4.2%. CBS News business analyst Jill Schlesinger has more on what that means for the Federal Reserve's upcoming decision on interest rates.
Mortgage rates fall to lowest since April 2023. Here's where they're headed.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Live
Senior Iranian officer says return to war with U.S. seems "inevitable"
Prospects for a U.S.-Iran deal seem to dim as the war between Israel and Hezbollah grinds on despite Trump saying they agreed to stop fighting.
Russian missile, drone attack on Ukraine kills at least 13, officials say
Russian missile, drone strikes kill at least 13 people across Ukraine, authorities say, after President Zelenskyy warned Moscow was planning a "massive new strike."
DOJ says it will stop work on $1.8 billion "anti-weaponization fund"
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Late California ballots could reshape primary results in governor's race
California's governor's race is tightening as many Democratic voters appear to be waiting until the final hours to cast their ballots.
Divided appeals court rules transgender military ban is unconstitutional
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
American soldier and British soldier die in training accident in Iraq
The U.S. and British militaries say one American soldier and one British soldier died during a training exercise in Iraq.
Police in Iowa say they think man shot and killed 6 relatives, then himself
Authorities in Iowa are investigating the fatal shootings of six people they believe were killed by a relative who took his own life when confronted by police.
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
Fraudsters bought Kobe Bryant sneakers and Ferraris with taxpayer funds
For law enforcement investigating fraud cases, the hard part can be following the money to figure out where the tax dollars have gone.
U.S.
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Police in Iowa say they think man shot and killed 6 relatives, then himself
Authorities in Iowa are investigating the fatal shootings of six people they believe were killed by a relative who took his own life when confronted by police.
South Carolina store owner acquitted of murder in 2023 killing of Black teen
Chikei Rick Chow, 61, shot Cyrus Carmack-Belton in the back after chasing him from his convenience store in Columbia. He maintained he acted to defend his son.
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
North Carolina officer fired over video of violent arrest turns himself in
Former Shelby County police officer Karson Hyder has been charged with one count of assault inflicting serious injury after video appeared to show him repeatedly punching a woman.
Bus driver in Virginia crash that killed 5 facing more charges
Jing Sheng Dong, a 48-year-old tour bus driver from Staten Island, New York, faces three additional felony counts in connection with the deaths.
MoneyWatch
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Northlake police warn of gas pump screw scam
The Northlake Police Department issued a warning about a new scam at gas stations that is low tech, but effective.
About 1 in 4 professionals is stuck in a mid-career stall, study finds
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
What to know about the major student loan changes coming July 1
The changes will affect how much students and their parents can borrow, as well as their repayment options.
Anthropic files for IPO, setting up public-market test of AI boom
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
Barry Diller's People Inc. offers to buy MGM Resorts
Diller said that MGM's properties, such as the Bellagio in Las Vegas, can't be easily replaced by AI.
Politics
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Late California ballots could reshape primary results in closely watched governor's race
California's governor's race is tightening as many Democratic voters appear to be waiting until the final hours to cast their ballots.
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
DOJ says it will stop work on $1.8 billion "anti-weaponization fund"
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Divided appeals court rules transgender military ban is unconstitutional
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
U.S. political commentators say U.K. barred them "for criticizing Israel"
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
HealthWatch
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HealthWatch
Details on promising pancreatic cancer drug
A new drug was shown in trials to keep pancreatic cancer patients alive for twice as long as chemotherapy alone. Dr. Jon LaPook has more.
A nurse stole fentanyl and AI missed it, state records say
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
New drug nearly doubles survival rates in some pancreatic cancer patients, study says
New research shows a medication called daraxonrasib is helping people with advanced pancreatic cancer live longer.
Woman diagnosed with cancer after minor symptoms: "Couldn't believe it"
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
Trump directs CDC to align with assessment calling for fewer childhood vaccines
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
World
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American soldier and British soldier die in training accident in Iraq
The U.S. and British militaries say one American soldier and one British soldier died during a training exercise in Iraq.
Bear goes on rampage in Japan, injuring 4 people
A record 13 people were killed by bears in Japan last year, and there has been a jump in sightings as the animals emerge hungry from hibernation.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
Live
Senior Iranian officer says return to war with U.S. seems "inevitable"
Prospects for a U.S.-Iran deal seem to dim as the war between Israel and Hezbollah grinds on despite Trump saying they agreed to stop fighting.
Russian missile, drone attack on Ukraine kills at least 13, officials say
Russian missile, drone strikes kill at least 13 people across Ukraine, authorities say, after President Zelenskyy warned Moscow was planning a "massive new strike."
Entertainment
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Entertainment
Marilyn Monroe's friends honor the icon (1962)
Monday marks 100 years since the birth of the iconic Hollywood actress Marilyn Monroe. On Aug. 10, 1962, six days after her death at the age of 36, CBS News aired a retrospective special about the legend's life, featuring interviews with friends, mentors and colleagues.
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
Vanilla Ice on Freedom 250 concert series
A number of artists have recently said they will not perform at the upcoming multi-day Great American State Fair at Washington, D.C.'s National Mall. It's being put on by the group Freedom 250, which the BBC says was launched by the Trump administration, with the president appointing its CEO. Rapper Vanilla Ice joins to discuss why he believes the show must go on.
Horror films by YouTubers win big at box office
A pair of small-budget horror films made by YouTube creators, "Backrooms" and "Obsession," had a big weekend at the box office. CBS News correspondent Carter Evans reports.
Anna Faris on the new "Scary Movie"
Anna Faris, who stars in the new "Scary Movie," joins "CBS Mornings" to discuss reviving the role she played in the original film, which debuted in 2000.
Technology
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Technology
Florida sues OpenAI, CEO Sam Altman
Florida has filed a civil suit against OpenAI and its CEO Sam Altman, accusing them of deceiving users. Jo Ling Kent explains.
Early details on Anthropic's IPO filing
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
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.
Florida sues OpenAI over alleged harms caused by ChatGPT
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
Anthropic confidentially files for IPO
Anthropic, the artificial intelligence company that created the Claude chatbot, said Monday it has confidentially filed for an initial public offering.
Science
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Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Crime
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Crime
DOJ on "anti-weaponization" fund news
The Department of Justice slammed a court's decision blocking the "anti-weaponization" fund that critics called a slush fund to aid allies of the Trump administration. CBS News' Kathryn Watson reports after news emerged that the work on the fund would stop.
Police in Iowa say they think man shot and killed 6 relatives, then himself
Authorities in Iowa are investigating the fatal shootings of six people they believe were killed by a relative who took his own life when confronted by police.
South Carolina store owner acquitted of murder in 2023 killing of Black teen
Chikei Rick Chow, 61, shot Cyrus Carmack-Belton in the back after chasing him from his convenience store in Columbia. He maintained he acted to defend his son.
Fired N.C. cop arrested on assault charge
A North Carolina police officer, seen in doorbell video repeatedly punching a woman, has been fired for the conduct and charged with assault. Jericka Duncan reports.
Judge keeps hearing public in Kirk murder case
A preliminary hearing for Tyler Robinson, the man accused of killing conservative activist Charlie Kirk, will be open to the media and the public, a judge ruled Monday. CBS News' Anna Schecter has more.
Space
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NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Blue Origin assesses impact of New Glenn explosion
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
Blue micromoon makes rare appearance this weekend
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its 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.
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
Attempted break-in at Carpenter's home
A man tried to force his way into pop star Sabrina Carpenter's home in Los Angeles after weeks of watching the property, officials say. On Monday, the singer was granted a temporary restraining order against the man.
DOJ on "anti-weaponization" fund news
The Department of Justice slammed a court's decision blocking the "anti-weaponization" fund that critics called a slush fund to aid allies of the Trump administration. CBS News' Kathryn Watson reports after news emerged that the work on the fund would stop.
Serena Williams announces tennis return
Serena Williams, the 23-time Grand Slam winner, confirmed her highly anticipated return to tennis in a video she posted on Instagram on Monday. Williams, who will play doubles next week, hasn't competed since 2022. Jericka Duncan reports.
Florida sues OpenAI, CEO Sam Altman
Florida has filed a civil suit against OpenAI and its CEO Sam Altman, accusing them of deceiving users. Jo Ling Kent explains.
Platner faces controversy in Maine Senate race
Graham Platner, the presumptive Democratic nominee for Senate in Maine, is pushing forward with his campaign despite a sexting scandal. Caitlin Huey-Burns reports on how it could impact the race and what voters are saying.