New economic data gives insight on inflation
New Producer Price Index data suggests inflation could be easing. CBS News' Errol Barnett and Lana Zak are joined by Ahmed Riesgo, the CIO for Insigneo Financial Group.
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New Producer Price Index data suggests inflation could be easing. CBS News' Errol Barnett and Lana Zak are joined by Ahmed Riesgo, the CIO for Insigneo Financial Group.
Recent volatility in the bond market could be a bad sign for the economy. Earlier this month, yields saw their biggest plunge since 1982. New York Times markets reporter Joe Rennison joined Vladimir Duthiers and Anne-Marie Green to discuss.
The Dow Jones fell sharply Wednesday after shares in Swiss bank Credit Suisse hit a record low. Host of "The Street" J.D. Durkin spoke with CBS News about recent trends in the marketplace and how they could impact federal economic action.
The abrupt closure of three banks in a matter of days is continuing to ripple across the American economy. CBS News national correspondent Errol Barnett joined John Dickerson on "Prime Time" with the latest on the Silicon Valley Bank's collapse. Then, Jeff Guo, co-host for NPR's "Planet Money," helps break down what exactly happened to SVB.
Debt limit showdown on Capitol Hill; supporting adult children amid a looming recession.
The European Commission says the European Union will "narrowly" avoid a recession, but families will still face financial pressures or the rising cost of living. Wall Street Journal Report Paul Hannon joins "CBS News Mornings" to discuss.
The Consumer Confidence Index fell in February for a second straight month. And President Biden is nominating Julie Su to lead the Labor Department. Marketwatch market editor Bill Watts joined CBS News to discuss the latest on the economy.
IMF’s Georgieva: the U.S. economy will likely slow down this year, but narrowly avoid a recession.
More than half a million jobs were created in January, nearly triple the expectations. Jobs in hospitality and leisure saw the biggest bump in last month's jobs report. But inflation is still stubbornly high. Carter Evans takes a look.
The Federal Reserve is expected to announce another interest rate hike today, but the increase is expected to be lower than previous hikes that began in March 2022. Fed Chairman Jerome Powell will address the media this afternoon. CBS News reporter Sarah Ewall-Wice joins us to discuss the significance.
If you're looking for a job or a boost in your career, experts say January and February are the best months to do it. Daniel Zhao, lead economist with Glassdoor, joins "CBS News Mornings" to discuss why and if a looming recession should cause alarm.
The economy is fighting back against inflationary pressures, but many economists say that won't last, and the economy could slow down in 2023 as an intended consequence of the Federal Reserve's efforts to rein in inflation by raising interest rates. Economist and Harvard University professor Jeffrey Frankel joined CBS News to discuss what the latest GDP data could mean for the economy moving forward.
The New York Stock Exchange ended relatively flat Wednesday. Dory Wiley, the president and CEO of Commerce Street Holdings told CBS News that missed expectations drove the markets, as recession fears loom.
Conference Board index has fallen 10 months in a row, indicating a recession is likely sometime this year.
House Speaker Kevin McCarthy said Friday he has accepted an invitation from President Biden to meet and discuss the standoff over raising the debt ceiling. Megan Greene, a senior fellow at Brown University, and global chief economist at Kroll, joined CBS News to discuss the far-reaching impact of the stalemate.
Silicon Valley was hit with another round of layoffs on Friday as Google announced that it would be cutting 12,000 jobs. The move comes during the same week that Microsoft and Amazon also announced layoffs, and companies nationwide look at cost-cutting measures amid growing concerns about a pending recession. Janet Shamlian has more.
New data from Britain's Office for National Statistics shows that consumers in the United Kingdom cut down on their shopping in December by the largest amount in at least 25 years. Meanwhile, the latest report from the government shows that inflation in the U.K. eased from November to December. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Anne-Marie Green from London to discuss.
Amid recession fears, more parents are helping their adult children financially to help keep them afloat. Business reporter for Fortune, Eleanor Pringle, joins CBS News Mornings to discuss why and tips for conversations on living expenses.
Microsoft is set to cut 10,000 jobs, or nearly 5% of its workforce. The company said the layoffs were a response to a slowdown in customer spending in anticipation of a potential recession.
Despite signs of inflation easing up, many economists are still expecting the U.S. to fall into a recession. CBS News' Tony Dokoupil and Lana Zak are joined by Harriet Torry, economics reporter for the Wall Street Journal, to discuss the economic outlook.
U.S. Treasury Secretary Janet Yellen told Congress on Friday that she expects the country to hit the debt ceiling next Thursday. The government will then resort to "extraordinary measures" to avoid default. Gregory Daco, chief economist at EY-Parthenon, joined CBS News to discuss that and other financial news.
Several big banks released better than expected 2022 fourth quarter earnings results. This comes amid rising concerns over a looming recession. Elaine Quijano and Michelle Miller are joined by Business Insider finance editor, Dan DeFrancesco.
As high inflation elevates the risk of a worldwide recession, the World Bank has lowered its growth forecast for the global economy. Paul Hannon, a reporter for The Wall Street Journal, joined "CBS News Mornings" to discuss.
Soon after the U.S. carried out military strikes inside Venezuela, President Trump said the nation's President Nicolás Maduro had been captured and flown out.
Many U.S. adversaries condemned the U.S. strikes on Venezuela, while other governments called for deescalation.
Reactions from U.S. lawmakers poured in after the Trump administration announced strikes on Venezuela and the capture of the country's president.
As U.S.-Iran tension soars, Trump warns violence against protesters could bring an American intervention: "We are locked and loaded and ready to go."
The FBI's field office in Charlotte, North Carolina, said the potential attack was inspired by ISIS.
Since the Cold War, the United States has conducted over half a dozen military interventions in Latin America.
Nine of the Minnesota child care centers that were discussed in a viral video, prompting allegations of fraud, were operated as expected when state investigators conducted on-site checks this week, officials said on Friday.
Many of those killed and injured by a fire that tore through a bar in Switzerland's Crans-Montana ski resort were teenagers celebrating the new year.
Grok, the chatbot developed by Elon Musk's company xAI, said it is fixing "lapses in safeguards" after social media users said it was generating sexualized photos of minors.
Since the Cold War, the United States has conducted over half a dozen military interventions in Latin America.
A one-time U.S. ally and CIA informant, Manuel Noriega led Panama for much of the 1980s.
Reactions from U.S. lawmakers poured in after the Trump administration announced strikes on Venezuela and the capture of the country's president.
Many U.S. adversaries condemned the U.S. strikes on Venezuela, while other governments called for deescalation.
Diane Crump died Thursday night in hospice care, her daughter said. The 77-year-old was diagnosed in October with an aggressive form of brain cancer.
Proposed California ballot initiative would impose a one-time 5% tax on billionaires, with the revenue funneled toward health care and education.
Abel, 63, takes the helm of Berkshire Hathaway after a six-decade run by Buffett.
Grok, the chatbot developed by Elon Musk's company xAI, said it is fixing "lapses in safeguards" after social media users said it was generating sexualized photos of minors.
Tesla's electric vehicle sales fell 9% in 2025 from a year ago amid the expiration of a $7,500 EV U.S. tax credit.
Steep U.S. import duties targeting 13 Italian pasta makers will be sharply reduced, Italy's foreign ministry said on Jan. 1.
Soon after the U.S. carried out military strikes inside Venezuela, President Trump said the nation's President Nicolás Maduro had been captured and flown out.
At least seven explosions and the sound of low-flying aircraft have been heard in Venezuela's capital, Caracas.
The U.S. Coast Guard said late Friday it has called off a dayslong search for several people who jumped overboard when their alleged drug-trafficking boats were targeted by the U.S. military.
Nine of the Minnesota child care centers that were discussed in a viral video, prompting allegations of fraud, were "operating as expected" when state investigators conducted on-site checks this week, officials said on Friday.
The suspect, Brian Cole, has not yet entered a plea to the charges stemming from two bombs found near Republican and Democratic National Committee headquarters nearly five years ago.
In his new book, the oncologist and health policy expert discusses longevity, and how to best differentiate valid and effective health and wellness advice from "the speculative, deceptive, and just plain stupid."
Postpartum depression and a busy home life kept Ameilia Boodoosingh Gopie from her regular appointments.
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
In 2026, several states are set to prohibit individuals from purchasing certain junk food items using their federal benefits. Meg Oliver has the details.
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
Since the Cold War, the United States has conducted over half a dozen military interventions in Latin America.
A one-time U.S. ally and CIA informant, Manuel Noriega led Panama for much of the 1980s.
Reactions from U.S. lawmakers poured in after the Trump administration announced strikes on Venezuela and the capture of the country's president.
Many U.S. adversaries condemned the U.S. strikes on Venezuela, while other governments called for deescalation.
Soon after the U.S. carried out military strikes inside Venezuela, President Trump said the nation's President Nicolás Maduro had been captured and flown out.
A woman who was found dead in San Francisco's Fairmont Hotel on New Year's Day has been identified as Victoria Jones, daughter of actor Tommy Lee Jones, officials said.
K-pop star Rosé is up for three Grammy nominations, including Record and Song of the Year. She spoke with "CBS Mornings" about her rise to fame and the doubts she still has at times.
George Clooney and his wife, Amal Clooney, were granted French citizenship because "they contribute, through their distinguished actions, to France's international influence and cultural outreach," the French government said.
Here are the significant books, films and characters joining the list of works in the public domain on Jan. 1, 2026.
The hit series "The Pitt" has earned praise for its realistic look at the pressures facing health care workers. Chief medical correspondent Dr. Jon LaPook spoke to the star of the show, Noah Wyle, for "CBS Sunday Morning." Wyle talked about how the cast prepared for their roles beyond learning their lines before shooting the series even began.
Grok, the artificial intelligence tool created by Elon Musk, posted online about "lapses in safeguards" that led to the generation of lewd images involving children. Journalist Jacob Ward joins CBS News with more.
Grok, the chatbot developed by Elon Musk's company xAI, said it is fixing "lapses in safeguards" after social media users said it was generating sexualized photos of minors.
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.
Arizona is fast becoming a major hub for computer chip production thanks to what's being called the largest foreign direct investment in U.S. history. Kris Van Cleave takes us to a sprawling campus in Phoenix that is providing thousands of jobs while reducing America's reliance on overseas products.
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
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.
Federal authorities in North Carolina announced charges against an 18-year-old, who they say was planning to carry out a New Year's Eve terror attack in support of ISIS. CBS News homeland security correspondent Nicole Sganga reports.
Officers in Columbus, Ohio, were dispatched to the couple's home on the morning Dec. 30 for a welfare check and found them dead at the scene.
U.S. officials announced that 18-year-old Christian Sturdivant has been charged after allegedly planning to carry out an ISIS-inspired terror attack in North Carolina on New Year's Eve. CBS News' Scott MacFarlane and Jessica Levinson have more.
Justice Department and FBI officials announced Friday that a planned terror attack in North Carolina on New Year's Eve was thwarted. U.S. Attorney Russ Ferguson said the suspect, who was allegedly inspired by ISIS, was 18-year-old Christian Sturdivant. CBS News' Scott MacFarlane reports.
Lawyers for Jeffrey Epstein survivors are alleging that a large number of files have yet to be released by the Department of Justice. CBS News' Scott MacFarlane reports.
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 U.S. launched military strikes in Venezuela early Saturday morning and captured Venezuelan leader, Nicolás Maduro, and his wife Cilia, President Trump announced on social media. "CBS Saturday Morning" has the latest.
At 13, Alysa Liu became the youngest U.S. women's figure skating champion in history. A few years later, she stunned the sport by walking away. Now 20, Liu is back on the ice and headed to the Winter Olympics next month. 60 Minutes, Sunday.
The Dutch are known for their tulips, windmills, cheese and bikes. Their comedy? Not so much. Or so it was thought. After this 60 Minutes report, you may need to rethink that. Sunday.
A boy who faced life-changing challenges gets by with help from his friends. A group of retired teachers gets together to continue the passion of helping kids. Plus, more good news.
President Trump says Venezuelan leader Nicolás Maduro has been captured amid U.S. strikes on the country. Carissa Lawson anchored CBS News' special report.