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.
Consumer Price Index
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.
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.
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.
As beef prices rise, small butcher shops adapt to changing demand
With higher prices for beef, customers are looking for alternatives.
How butchers are adapting to higher beef prices
As beef prices rise, small butcher shops are adapting to changing demand. Kelly O'Grady reports.
CPI report shows the inflation rate rose at a 2.7% pace in November
Economists had expected CPI to rise at an annual rate of 3% last month.
Delayed report on November inflation numbers
The Consumer Price Index rose at an annual rate of 2.7% in November, lower than economists predicted, though there is a bit of an information gap due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Inflation data emerges after Trump address
New Consumer Price Index data shows a slight change in inflation, but prices remain high for Americans in different sectors. CBS News' Kelly O'Grady and Olivia Rinaldi report.
CPI report shows inflation continued to climb in September
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Inflation ticks up to 3% in September
The Bureau of Labor Statistics released the first piece of economic data since the shutdown began. Delayed more than a week, the Consumer Price Index shows the inflation rate ticked up in September to 3%. Kelly O'Grady has details.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
Expert breaks down grocery price increases
Food prices started rising rapidly during COVID-19. Since then, food inflation has slowed, but prices are still going up. Jo Ling Kent reports.
The most striking figures in new inflation data
The latest Consumer Price Index shows overall prices rose by nearly 3% on an annual basis last month. There were more warning signs about the labor market. Kelly O'Grady explains.
Social Security COLA could increase 2.7% in 2026, new estimate shows
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
U.S. consumer inflation increase in August
The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Almost half of adults say they are ordering kids' meals. Here's why.
Adult customers admit to ordering from kids' menus to save money and eat smaller portions, a new survey shows.
Inflation rate rose by 2.7% in July, CPI report shows
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
What the latest CPI data says about tariff impact
New government data shows the cost of consumer goods increased slightly last month, but the true effect of the higher tariffs haven't hit consumers yet. Jo Ling Kent explains.
Tracking cost of cars, trucks, groceries as Trump announces new tariffs
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
CPI rose in June to 2.7% annual rate, highest since February
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef prices in the U.S. are searingly high. Here's why.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
inflation rose less than expected, data shows
The latest Consumer Price Index (CPI) report shows that U.S. inflation rose by 0.1% in May, which is less than expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down. Also, CBS News' Natalie Brand has the latest updates from the White House as President Trump boasts about an agreement with China being close to the finish line.
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As U.S.-Israeli war with Iran intensifies, Trump says it is "ahead of schedule"
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
Trump tells CBS News "the war is very complete"
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Hegseth says Iran will eventually have no choice but to surrender
Secretary Pete Hegseth says it's President Trump who will set the terms of Iran's surrender, noting the U.S. is confident it will come, even as Iran's president said the U.S. demand for "unconditional surrender" is "a dream that they should take to their grave."
FBI launches terrorism probe into IED attack outside Mamdani's residence
Two men from Pennsylvania are facing federal charges for the incident. Video captured someone yelling "Allahu Akbar" just as a protester threw an "ignited device" during an anti-Islam demonstration in New York City.
Trump says he's "not happy" about Iran's new supreme leader
Mojtaba Khamenei was named Iran's new supreme leader following the death of his father in the U.S.-Israeli strikes.
Anthropic sues Pentagon over "supply chain risk" designation
Anthropic sued the Defense Department on Monday over the Pentagon's move to designate it a risk to the supply chain.
Here's how much Americans are paying for gas as oil prices spike
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
JFK's grandson criticizes "Love Story" as Daryl Hannah slams her portrayal
The series "Love Story," which follows the relationship between JFK Jr. and his wife Carolyn Bessette Kennedy, has received pushback over its portrayals.
LAPD identifies woman arrested for allegedly firing shots at Rihanna's home
The Los Angeles Police Department identified the woman as 35-year-old Ivanna Ortiz. She has been booked for attempted murder.
U.S.
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California rep. leaves GOP to become an independent, complicating majority
Rep. Kevin Kiley of California said Monday he was immediately leaving the Republican Party to become an independent.
Here's how much Americans are paying for gas as oil prices spike
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Anthropic sues Trump administration over "supply chain risk" order
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
Stocks regain ground after early losses as oil prices cool
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Trump says he's "not happy" about Iran's new supreme leader
Mojtaba Khamenei was named Iran's new supreme leader following the death of his father in the U.S.-Israeli strikes.
MoneyWatch
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Here's how much Americans are paying for gas as oil prices spike
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Anthropic sues Trump administration over "supply chain risk" order
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
Stocks regain ground after early losses as oil prices cool
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Live Nation to open Ticketmaster to other sellers in U.S. antitrust deal
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.
Overusing artificial intelligence can give workers "AI brain fry," study finds
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
Politics
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Trump tells CBS News "the war is very complete"
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
California rep. leaves GOP to become an independent, complicating majority
Rep. Kevin Kiley of California said Monday he was immediately leaving the Republican Party to become an independent.
Anthropic sues Trump administration over "supply chain risk" order
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
Trump says he's "not happy" about Iran's new supreme leader
Mojtaba Khamenei was named Iran's new supreme leader following the death of his father in the U.S.-Israeli strikes.
Live Nation to open Ticketmaster to other sellers in U.S. antitrust deal
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.
HealthWatch
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More kids are in ERs for tooth pain. Budget cuts and fluoride fights aren't helping.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Baby sleepsuit sold at Walmart recalled over potential choking hazard
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
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.
World
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Trump tells CBS News "the war is very complete"
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
23 soccer players sent off after huge brawl in Brazilian Cup final
Former Brazil forward Hulk was among the players sent off following the violence that lasted more than a minute.
Trump says he's "not happy" about Iran's new supreme leader
Mojtaba Khamenei was named Iran's new supreme leader following the death of his father in the U.S.-Israeli strikes.
Police warn of "crocs absolutely everywhere" after Australia floods
Police in Australia warned of crocodiles "absolutely everywhere" and said they had moved more than 1,000 people across the state into shelter after massive floods.
5 Iranian soccer players seek asylum in Australia, says exiled prince
Iran's women's soccer team were branded "traitors" after declining to sing their national anthem at the Asian Cup in Australia, fueling fear for the women if they return home.
Entertainment
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Entertainment
Latest on shots fired at Rihanna's home
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Live Nation to open Ticketmaster to other sellers
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
Matthew Fox on starring in "The Madison"
Matthew Fox, who starred in the hit series "Lost," talks about being part of the cast for the new Paramount+ show "The Madison." He describes how he relates to his character, why he decided to return to Hollywood and working with Kurt Russell again.
Controversy over new series "Love Story"
Daryl Hannah, who dated John F. Kennedy Jr. in the 1990s, criticized the series "Love Story" and its portrayal of her. The FX series is about JFK Jr. and Carolyn Bessette, focusing on their courtship and marriage, which began after Kennedy's relationship with Hannah. In The New York Times, Hannah said the portrayal of her is "not even remotely accurate."
Rihanna's Beverly Hills home hit by gunfire; suspect arrested, LAPD says
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Technology
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Technology
The evolution of Apple over 50 years
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
Overusing artificial intelligence can give workers "AI brain fry," study finds
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
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.
Apple turns 50, in a world it helped create
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
Extended interview: Tim Cook
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
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
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Crime
Charges announced in NYC explosives attack
Charges have been announced against two men after an explosive device was ignited outside New York City Mayor Zohran Mamdani's residence over the weekend. CBS News' Anna Schecter has more.
Latest on explosive devices at Gracie Mansion
TATP, or triacetone triperoxide, was found inside undetonated explosive devices near New York City Mayor Zohran Mamdani's house, NYPD Commissioner Jessica Tisch said on Monday. She also said the incident is being investigated as "an act of ISIS-inspired terrorism." CBS News' Anna Schecter has more details.
Latest on devices at NYC mayor mansion
New York City Mayor Zohran Mamdani and New York Police Department Commissioner Jessica Tisch provided updates on the explosive devices outside of the Gracie Mansion on Sunday after tensions escalated between two different protest groups. Tisch said the devices are being investigated as "an act of ISIS-inspired terrorism." CBS News senior coordinating producer Anna Schecter has more.
Explosive devices thrown at NYC mayor's home
The FBI launched a terrorism investigation after confirming that explosive devices were thrown at the home of New York City Mayor Zohran Mamdani during protests nearby. CBS News' Jericka Duncan reports.
Explosive devices thrown outside Mamdani home
The FBI's terrorism unit is investigating after improvised explosive devices were thrown during dueling protests outside Gracie Mansion, the official residence of New York City's mayor. It started as an anti-Islam protest, but a group of counter-protesters also gathered. Two men have been arrested, police say. Jericka Duncan reports.
Space
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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
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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
Record number of emergency 401(k) withdrawals
A record number of Americans are tapping into their retirement savings, years ahead of schedule. CBS News MoneyWatch reporter Megan Cerullo has more.
Latest on shots fired at Rihanna's home
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Live Nation to open Ticketmaster to other sellers
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
Update on IED incident outside Mamdani home
Officials took questions Monday after federal terrorism charges were filed against two men in an explosives incident outside New York City Mayor Zohran Mamdani's home. Following the remarks from the authorities, CBS News' Anna Schecter provided more details.
Markets plunge amid oil supply fear
Stock markets plunged on Monday as the price of oil hit more than $100 per barrel for the first time since July 2022. Noam Raydan, a senior fellow at the Washington Institute for Near East Policy, joins with more.