Watch CBS News
As voter anxiety over the economy intensifies this presidential election year, inflation remains high at 3.1% year-over-year, despite a significant reduction. Treasury Secretary Janet Yellen talks to CBS News about the Biden’s administration's strategy in an exclusive interview.
Treasury Secretary Janet Yellen sat down with Jo Ling Kent in the battleground state of Michigan for an exclusive interview about the concerns many Americans continue to have about high prices. This comes after inflation rose again in January at a higher rate than expected.
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Student loan payments resumed last fall, and for millions, the added bill combined with stubborn inflation makes for a difficult financial burden. One expert gives tips and advice that may help reduce costs. Nancy Chen reports.
Although the rate of inflation still appears to be declining, in January it did not cool as targeted. Heather Boushey, a member of President Biden's Council of Economic Advisers, joins CBS News with the administration's reaction to the fresh data.
Air quality is worsening across much of the U.S., exposing millions of people to health problems and threatening the U.S. economy.
Former President Donald Trump is campaigning Friday in Pennsylvania, a state that swung for Joe Biden in the 2020 presidential elections. CBS News campaign reporter Jake Rosen is covering the push to sway the battleground state's voters.
In a significant boost to the job market, the U.S. economy added 353,000 jobs in January, nearly twice what economists had forecasted. CBS News business analyst Jill Schlesinger breaks down the importance of these numbers.
Chair Powell said a resumption of pre-pandemic levels of immigration provided a huge boost to the labor market and played a significant role in its stabilization.
There is no better person to ask about the American economy than Federal Reserve Chairman Jerome Powell. This Sunday, 60 Minutes sits down with Powell to ask about the future of interest rates, whether prices will come down, and what the Fed might do next.
Democrats will participate in the South Carolina primary on Saturday after President Biden won the New Hampshire primary as a write-in candidate. CBS News' Nikole Killion spoke to Black voters in South Carolina about Mr. Biden's reelection campaign.
The U.S. economy added 353,000 jobs in January, according to the Labor Department's first jobs report of the year. Daniel Zhao, the lead economist at Glassdoor, joins CBS News with a look at the surprising data.
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
The Federal Reserve announced Wednesday it would leave interest rates unchanged. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to discuss what the central bank is looking for to start cutting interest rates.
While rents have been easing for the past few months nationwide, prices are still up significantly compared to before the pandemic, largely due to inflation. Providence, Rhode Island, saw one of the highest rent increases in the U.S. last year, and according to researchers, you need a salary of close to $83,000 to afford a two-bedroom apartment there. Nancy Chen reports.
The Federal Reserve Board announced it will not change interest rates for now as it eyes how to lower inflation without running the risk of entering a recession. CBS News business analyst Jill Schlesinger looks at the Fed's decision and the upcoming cues to look out for in the economy.
A new TikTok trend has people filming conversations where they learn they're losing their jobs and posting the footage, giving the world a front-row seat to their reactions. Jason Dorsey, author of "Z-Conomy," joined CBS News to talk about the videos.
As the war between Israel and Hamas nears the four-month mark, the International Monetary Fund has released its regional economic outlook for the Middle East and North Africa, warning of severe economic impacts if the war spreads throughout the region. James Swanston, an economist specializing in the Middle East and North Africa for capital economics, joined CBS News to break down the report.
The nation's unemployment rate is low, but some big companies are laying off workers and requiring people to return to the office. Guy Berger, director of economic research at the Burning Glass Institute, joins CBS News to assess the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
Researchers have found millennials are having a hard time paying for city housing markets. Dr. Riordan Frost, senior research analyst at the Harvard Joint Center for Housing Studies, joined CBS News to discuss why the generation is getting priced out.
New government data shows the economy ended 2023 on a stronger note than anticipated. With GDP growth rates exceeding forecasts in the last two quarters, CBS News business analyst Jill Schlesinger breaks down what these figures mean.
The U.S. economy had a robust end to 2023, with the gross domestic product exceeding expectations, according to a new Commerce Department report. Axios chief economic correspondent Neil Irwin joins CBS News to discuss the 2024 economic outlook.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
"Whatever bumps and bruises we were suffering, we put it all aside and celebrated Thanksgiving in Nantucket," President Biden wrote in his 2017 book "Promise Me, Dad."
Police have called James Craig's alleged plot to kill Angela Craig a "heinous, complex and calculated murder."
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
Less than two full days into a ceasefire, Israel's military and Hezbollah were both claiming isolated breaches of the deal.
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
Linebacker Medrick Burnett Jr. sustained a head injury in an October game against Alabama State and has been hospitalized since.
The woman boarded Delta Flight No. 264 from John F. Kennedy International Airport to Paris Charles de Gaulle Airport, CBS News learned. She was discovered while the plane was in midair and was taken into custody in Paris.
Police have called James Craig's alleged plot to kill Angela Craig a "heinous, complex and calculated murder."
Celebrating Thanksgiving and Native American Heritage Day this week highlights the importance of recognizing indigenous cuisines in the United States and the authentic, sustainable food it offers.
Taylor Swift's Eras Tour book goes on sale Friday. Here's the only place to buy it, how much it costs and what you'll get.
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
Linebacker Medrick Burnett Jr. sustained a head injury in an October game against Alabama State and has been hospitalized since.
Taylor Swift's Eras Tour book goes on sale Friday. Here's the only place to buy it, how much it costs and what you'll get.
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
A November 2023 survey from the Pew Research Center found that 72% of people think tipping is expected in more places than it was five years ago.
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.
Then-candidate Donald Trump in September promised that he would sign legislation to grant federal recognition to the Lumbee Tribe.
"Whatever bumps and bruises we were suffering, we put it all aside and celebrated Thanksgiving in Nantucket," President Biden wrote in his 2017 book "Promise Me, Dad."
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Former Sen. Bob Menendez, a Democrat from New Jersey, was convicted of 16 felony counts in July.
The man's attorneys said the punitive and compensatory damages total the largest amount to ever be awarded by a jury in a medical malpractice case in the U.S.
Tired from your Thanksgiving feast? You're not alone. But is it the tryptophan in turkey that leads to our food comas? Here's what experts say.
Can cats and dogs eat turkey and other Thanksgiving foods? Here's what experts say about what is safe and not.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
A missing hiker was found alive this week in the remote Canadian wilderness, where he had been missing since October.
Amalka, a female, slipped out of a carrier cage on November 19 during an unloading operation.
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
Iga Swiatek is a 23-year-old from Poland who was ranked No. 1 most of the past two seasons but is now at No. 2.
Taylor Swift's Eras Tour book goes on sale Friday. Here's the only place to buy it, how much it costs and what you'll get.
In settling, the three plaintiffs said they assign no "ill intent" to Rose and realize now that his conduct could be subject to interpretation.
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Members of the iconic band, the Grateful Dead, reflected on the impact bandmate Phil Lesh had on their lives and said they had hoped to play together again.
Iconic band The Grateful Dead, is remembering one of the band's original members, Phil Lesh, who died in October at 84 years old. The surviving original members of the band credit Lesh for the impact he made in each of their lives and revealed they were hoping to play together one more time.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Australia's full legislature has now passed a bill that will soon ban children under the age of 16 from using most social media platforms.
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.
British phone company Virgin Media O2 has developed an AI-generated grandmother to talk to scammers all day and waste their time so you don't have to. CBS News Confirmed executive producer Melissa Mahtani has more on the "grandma" and how you can protect yourself from phone scams.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Negotiators are far apart as the United Nations tries to work out the world's first treaty to curb plastic pollution. Issues creating roadblocks include limiting new manufacturing of plastic and the potential phasing out of some chemicals. For more on the talks, CBS News was joined by Erin Simon, vice president and head of plastic waste and business for the World Wildlife Fund in the U.S.
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Police have called James Craig's alleged plot to kill Angela Craig a "heinous, complex and calculated murder."
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
More than 400 people were arrested in the operation targeting oceans, coasts, rivers and ports around the globe in October and November.
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
This Thanksgiving, CBS News New York's Jessi Mitchell introduces us to a family who is spending their holiday giving thanks to not only their family, but the special place they call home.
Historian Kenneth C. Davis, the bestselling author of "Don't Know Much About History" and "The World in Books," joined "CBS Mornings Plus" to discuss the history behind Thanksgiving and some of the traditions that go along with the holiday.
Thanksgiving isn't complete without a side of cranberries, but it's pretty tough work to harvest them. That's what a CBS News crew discovered on this day in 2002.
Atlanta Vibe setter Whitney Bower, 23, joined "CBS Mornings Plus" to discuss the upcoming second season of the Pro Volleyball Federation and the draft of collegiate players held earlier this week.
Officials with the Biden administration said Tuesday that President-elect Donald Trump's transition team has yet to agree to terms on a memorandum of understanding with the Justice Department, which will allow for the processing of security clearance requests. CBS News national security contributor Samantha Vinograd has more.