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.
Nancy Guthrie investigators "working a lead" at scene near her home, sheriff says
Authorities have investigated the disappearance of Nancy Guthrie, mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
Exclusive
Trump insider Tom Barrack kept in contact with Epstein for years, files show
Tom Barrack, a top U.S. diplomat and longtime friend of President Trump, networked and socialized with Epstein for years, CBS News found.
Obama on ICE shootings in Minnesota: "This is not the America we believe in"
President Obama spoke about the "unprecedented nature" of what he said Immigration and Customs Enforcement agents did in Minnesota.
Rubio calls for U.S. and Europe to "revitalize an old friendship"
Secretary of State Marco Rubio made it clear the Trump administration would stick to its guns on policy, but offered a tone seen as softer and more reassuring.
Lindsey Vonn says "ride was worth the fall" after fourth surgery, set to return to U.S.
Lindsey Vonn, the 41-year-old Olympic veteran from Colorado, also reflected on her Olympic crash, saying, "I don't have regrets."
Breezy Johnson on her Olympic love story: "Who are we to fight the alchemy?"
U.S. Olympic gold medalist Breezy Johnson and her fiancé talks about the lead up to their engagement at 2026 Milano Cortina and a congratulations from Taylor Swift.
Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
Casey Wasserman, 2028 Olympics chair, to sell agency after Epstein files revelation
Casey Wasserman, the chair of the 2028 Los Angeles Olympics organizing committee, says he is selling his eponymous talent agency in the wake of the release of emails between himself and Ghislaine Maxwell.
Alexei Navalny was likely fatally poisoned in prison, European leaders say
European leaders said they are confident Navalny was poisoned with a toxin found in South American poison dart frogs.
U.S.
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Casey Wasserman, 2028 Olympics chair, to sell agency after Epstein files revelation
Casey Wasserman, the chair of the 2028 Los Angeles Olympics organizing committee, says he is selling his eponymous talent agency in the wake of the release of emails between himself and Ghislaine Maxwell.
Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
After struggling early, U.S. men's hockey team dispatches Denmark 6-3
The U.S. kept pace with also-unbeaten Canada for the top seed in the Olympic men's hockey tournament.
Lindsey Vonn says "ride was worth the fall" after fourth surgery, set to return to U.S.
Lindsey Vonn, the 41-year-old Olympic veteran from Colorado, also reflected on her Olympic crash, saying, "I don't have regrets."
Tour bus driver indicted on homicide charges in deadly crash that killed 5
Bin Shao of Flushing, New York, has been charged with second-degree manslaughter and criminally negligent homicide, according to court documents.
MoneyWatch
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Prediction markets heat up on Valentine's Day as people place bets on love
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
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.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Romance costs more this year as inflation lifts Valentine's Day gift prices
Love is biting consumers this year amid the rising cost of flowers, chocolates and other Valentine's Day staples.
Politics
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Casey Wasserman, 2028 Olympics chair, to sell agency after Epstein files revelation
Casey Wasserman, the chair of the 2028 Los Angeles Olympics organizing committee, says he is selling his eponymous talent agency in the wake of the release of emails between himself and Ghislaine Maxwell.
Obama on ICE shootings in Minnesota: "This is not the America we believe in"
President Obama spoke about the "unprecedented nature" of what he said Immigration and Customs Enforcement agents did in Minnesota.
Exclusive
Trump insider Tom Barrack kept in contact with Epstein for years, files show
Tom Barrack, a top U.S. diplomat and longtime friend of President Trump, networked and socialized with Epstein for years, CBS News found.
Rubio calls for U.S. and Europe to "revitalize an old friendship"
Secretary of State Marco Rubio made it clear the Trump administration would stick to its guns on policy, but offered a tone seen as softer and more reassuring.
DHS shutdown begins as funding expires without a deal in Congress
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
HealthWatch
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Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
Thousands of mothers were flagged to police over flawed drug tests at childbirth
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
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Lindsey Vonn says "ride was worth the fall" after fourth surgery, set to return to U.S.
Lindsey Vonn, the 41-year-old Olympic veteran from Colorado, also reflected on her Olympic crash, saying, "I don't have regrets."
Olympic organizers promise Valentine's weekend restock after condoms run out
Olympic organizers promise that the villages where athletes live won't run out of free condoms again during the Milan Cortina Winter Games.
American Jordan Stolz wins 2nd speedskating gold at Winter Olympics
It is Jordan Stolz's second gold medal of the 2026 Winter Games, breaking a world record.
Olympic curling committee issues warning after cheating accusations
The committee said during Saturday's afternoon session two officials will move to observing deliveries across the four matches.
Brazilian skier wins South America's first-ever Winter Olympics medal
Another Brazilian athlete, Nicole Rocha Silveira, could earn another medal on Saturday when she races in the women's skeleton event.
Entertainment
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Entertainment
"Heated Rivalry" creating a boon for hockey
As hockey takes center stage at the Winter Olympics, a Canadian series about the sport called "Heated Rivalry" has become a worldwide phenomenon and melted barriers on the ice and beyond. Itay Hod explains.
Tyler Ballgame performs "For the First Time, Again"
New England native Tyler Ballgame grew up with a music teacher mom who encouraged him to sing as much as possible. While his voice has been compared to greats like Elvis Presley and John Lennon, his debut album, "For the First Time, Again," puts the singer's own spin on a retro sound. Here's Tyler Ballgame performing "For the First Time, Again."
Tyler Ballgame performs "Matter of Taste"
New England native Tyler Ballgame grew up with a music teacher mom who encouraged him to sing as much as possible. While his voice has been compared to greats like Elvis Presley and John Lennon, his debut album, "For the First Time, Again," puts the singer's own spin on a retro sound. Here's Tyler Ballgame performing "Matter of Taste."
Tyler Ballgame performs "I Believe in Love"
New England native Tyler Ballgame grew up with a music teacher mom who encouraged him to sing as much as possible. While his voice has been compared to greats like Elvis Presley and John Lennon, his debut album, "For the First Time, Again," puts the singer's own spin on a retro sound. Here's Tyler Ballgame performing "I Believe in Love."
"Sinners" cinematographer could make history
"Sinners" cinematographer Autumn Durald Arkapaw says she doesn't want the audience to notice her work because "you wanna make it so good it feels like a dream." The Oscar nominee is the first woman of color nominated in the cinematography category and only the fourth woman ever. It's the only Oscars craft category never won by a woman. She talks about her career journey to this historic moment.
Technology
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Technology
Viral essay urges people to prepare for AI
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
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.
FTC warns Apple's Tim Cook over alleged political bias in Apple News app
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
Russia blocks WhatsApp as it pushes state-backed alternative on citizens
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
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Science
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Crime
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Crime
Overnight activity at Nancy Guthrie's home
The search for Nancy Guthrie is in its 13th day after authorities issued another plea for her return and were seen overnight at her Tuscon home.
Latest in the search for Nancy Guthrie
Law enforcement appeared to be at Nancy Guthrie's home overnight as the search for "Today" host Savannah Guthrie's mom enters its 13th day.
Nancy Guthrie investigators "working a lead" at scene near her home, sheriff says
The FBI and sheriff's department have been investigating the disappearance of Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
Latest on Guthrie search
The FBI is now calling the "subject" in the surveillance video of Nancy Guthrie's front porch a suspect. The agency has also released its first description of the 84-year-old's alleged kidnapper. CBS News reporter Andres Gutierrez has the details.
Arizona sheriff in Nancy Guthrie search defends sending DNA to Florida lab
Pima County Sheriff Chris Nanos said the results that investigators have received from DNA testing in the Nancy Guthrie case so far haven't led to a suspect.
Space
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Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
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2/14: CBS Weekend News
Investigators search second home in Nancy Guthrie case; Groundbreaking TV series creating a boon for hockey
Team USA experiences Olympic triumph, heartache
Halfway through the Winter Olympic Games in Italy, athletes and fans are fully immersed in the Olympic spirit. Kelly O'Grady reports from Milan with the latest on all the action.
Rubio delivers charm offensive at Munich conference
Secretary of State Marco Rubio on Saturday spoke to European leaders attending the annual Munich Security Conference. Rubio sought to calm some fears that months of sharp U.S. rhetoric and policy disputes had opened a lasting breach between Washington and its European allies. Olivia Gazis has more.
"Heated Rivalry" creating a boon for hockey
As hockey takes center stage at the Winter Olympics, a Canadian series about the sport called "Heated Rivalry" has become a worldwide phenomenon and melted barriers on the ice and beyond. Itay Hod explains.
DHS shutdown begins with no deal in sight
Funding for the Department of Homeland Security has ground to a halt in a dispute in Congress over the Trump administration's immigration crackdown. The partial shutdown was impacting the Transportation Security Administration, the Coast Guard and FEMA, among other agencies. Willie James Inman reports.