U.S. economy sees faster-than-expected growth
The U.S. economy ended 2023 with stronger than expected growth, the Commerce Department reported Thursday. However, it's been a tale of two economies for many Americans. Nikki Battiste explains.
Economy
Latest GDP data shows strong 3.3% pace last quarter
Economy remained resilient from October through December as Americans showed a continued to spend freely despite high interest rates.
Economy outgrew expectations in 4th quarter
The U.S. GDP grew at a faster rate than expected in the fourth quarter of 2023, increasing at a 3.3% annualized rate. CBS News business analyst Jill Schlesinger has more on the numbers, as well as possible changes to the child tax credit.
Trump addresses New Hampshire supporters
During his election night party Tuesday, former President Donald Trump, who CBS News projects will win the New Hampshire primary, criticized his opponent, former United Nations Ambassador Nikki Haley, after she spoke to her supporters Tuesday touting her trajectory in New Hampshire, and vowing to continue campaigning in South Carolina. Maeve Reston and Sabrina Rodriguez, national political reporters with the Washington Post, join CBS News' Major Garrett with a look at Trump's remarks.
CBS News exit poll: Economy's top voter issue
The economy and immigration are the top issues for New Hampshire primary voters, according to CBS News exit poll results. CBS News' elections and surveys executive director Anthony Salvanto has a look at the data.
Job market getting tougher, WSJ reports
A LinkedIn survey shows 85% of workers are thinking about changing jobs this year, but those trying to make the switch are finding companies are offering less generous pay and are not budging on other perks like vacation time, according to the Wall Street Journal. Javier E. David, a CBS News contributor and the managing editor of business and markets at Axios, has more.
New Hampshire voters focused on economy
As New Hampshire residents prepare to go to the polls for the nation's first primary of 2024, voters say the economy is a top issue. Tony Dokoupil speaks with voters about their priorities.
Importance of economy to New Hampshire voters
Although inflation has slowed in New Hampshire, Phil Sletten, the research director at the New Hampshire Fiscal Policy Institute, tells CBS News certain factors of the state's economy, like housing prices and shortages, continue to affect many as they prepare to vote in Tuesday's primary.
New Hampshire voters say economy is top issue
A recent CBS News poll found Republican primary voters want candidates to talk more about the economy — and New Hampshire voters appear to agree, calling it a top issue ahead of Tuesday’s primary. "CBS Mornings" co-anchor Tony Dokoupil reports from the Granite State.
S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
U.S. shrimpers struggle as cheap foreign imports flood domestic market
Imported cheap Asian shrimp, grown in pond farms and often subsidized by foreign governments, has idled many of South Carolina's roughly 300 shrimpers.
Young Americans and the economy
38% of Gen Z and millennials say they are having a harder time growing financial wealth compared to their parents at the same age, according to a new survey from Bankrate. Sarah Foster, an analyst at Bankrate, joined CBS News to discuss the findings.
Economic questions for 2024 candidates
CBS News interviewed economists and policy experts across the ideological spectrum to come up with questions voters should ask to evaluate presidential candidates. Jeff Stein, White House economics reporter for the Washington Post, joins to run through the list.
How A.I. may change the way we live
Artificial intelligence has the power to reshape how we live, play and especially work, according to a new analysis from the International Monetary Fund. Senior business and tech correspondent Jo Ling Kent reports.
Economic concerns dominating Iowa caucuses
Voters across Iowa say the economy is one of the biggest priorities when choosing between the crop of presidential candidates. Stephen Gruber-Miller, statehouse and politics reporter at the Des Moines Register, joined CBS News to discuss candidates' messaging around the economy and why voter perception may not line up with some of the positive economic data that's come out over the past year.
Inflation cools but monthly expenses rise
Inflation has cooled from the high levels seen in 2022, but monthly necessities like rent and auto insurance have skyrocketed this year. CBS News' Jo Ling Kent has more on the rise in costs and what that means for the economy.
Bitcoin ETC win SEC approval
Bitcoin fund trading is underway for the second day following the SEC's approval of the first U.S.-listed exchange-traded funds tied to the cryptocurrency. The move offers investors exposure to the world's largest cryptocurrency without directly holding it. Eric Balchunas, senior ETF analyst at Bloomberg, joined CBS News to discuss what this all means.
Wholesale prices fell again this month
New data on wholesale prices appears to indicate inflation may be moderating but has not yet cooled to the Federal Reserve's target. Greg Robb, an economics editor at MarketWatch, joins CBS News with insight on the new figures.
Here's why Americans are so unhappy with the economy, in 3 charts
Economists say U.S. economy is remarkably strong, but consumers say they aren't feeling it — and not just because of inflation.
Shelter costs contribute to inflation bump
New data from the Labor Department shows inflation rose slightly to 3.4% in December. Morning Consult economist Sofia Baig joins CBS News to explain what's behind the numbers.
Inflation uptick reflects U.S. economic struggles
Inflation grew at an annual rate of 3.4% in December, higher than economists had predicted. The increase could impact whether the Federal Reserve chooses to lower interest rates. Higher prices and mortgage rates have also left many Americans struggling. Jo Ling Kent has more.
Inflation up more than expected in December
Inflation rose at a faster pace than expected last month as the Consumer Price Index increased by 0.3 of a percent in December. Unemployment claims dropped by 1,000 for the week ending Jan. 6. CBS News contributor Javier David has a look at the numbers.
Commercial Real Estate | Sunday on 60 Minutes
As occupancy rates have hit historic lows and interest rates have spiked, the value of office buildings is tanking. This Sunday, Jon Wertheim looks at the crisis in commercial real estate.
Survey: 49% of people carry credit card debt
According to a new survey from Bankrate, nearly half of consumers say they are carrying a credit card balance from month to month. CBS News business Analyst Jill Schlesinger has more.
Biden approval rating at 41% in CBS News poll
New polling from CBS News is providing insight into how Americans view the economy, immigration and President Biden. CBS News executive director of elections and surveys Anthony Salvanto has more.
Trump says Mexican leader agrees to "effectively closing" southern border
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Bidens spending last Thanksgiving as president on Nantucket
"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."
Dentist accused of poisoning wife allegedly tried to have detective killed
Police have called James Craig's alleged plot to kill Angela Craig a "heinous, complex and calculated murder."
Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
This is how retailers get you to spend more money
As the holiday shopping season kicks off, here are five ways retailers try to get consumers to spend.
Israel and Hezbollah both claiming ceasefire violations on Day 2
Less than two full days into a ceasefire, Israel's military and Hezbollah were both claiming isolated breaches of the deal.
Chilling details emerge after Montana camper's brutal murder
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
Alabama A&M says player is stable, hours after announcing his death
Linebacker Medrick Burnett Jr. sustained a head injury in an October game against Alabama State and has been hospitalized since.
Stowaway caught after getting aboard Delta flight from NYC to Paris
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.
U.S.
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Cucumbers recalled across U.S. and Canada over salmonella risk
Consumers are urged to destroy the recalled cucumbers, which were distributed in 26 states around the U.S.
Connecticut Democratic lawmakers report bomb threats on Thanksgiving
The Thanksgiving threats come one day after several of President-elect Donald Trump's staff picks reported threats.
This is how retailers get you to spend more money
As the holiday shopping season kicks off, here are five ways retailers try to get consumers to spend.
Dentist accused of poisoning wife allegedly tried to have detective killed
Police have called James Craig's alleged plot to kill Angela Craig a "heinous, complex and calculated murder."
The Indigenous foods Native American chefs urge people to try
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.
MoneyWatch
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Cucumbers recalled across U.S. and Canada over salmonella risk
Consumers are urged to destroy the recalled cucumbers, which were distributed in 26 states around the U.S.
This is how retailers get you to spend more money
As the holiday shopping season kicks off, here are five ways retailers try to get consumers to spend.
Taylor Swift's Eras Tour book hits stores Friday. Here's what to know.
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.
Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
What businesses are open and closed on Thanksgiving Day?
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
Politics
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Connecticut Democratic lawmakers report bomb threats on Thanksgiving
The Thanksgiving threats come one day after several of President-elect Donald Trump's staff picks reported threats.
A look at Trump's campaign promise to recognize North Carolina's Lumbee Tribe
Then-candidate Donald Trump in September promised that he would sign legislation to grant federal recognition to the Lumbee Tribe.
Bidens spending last Thanksgiving as president on Nantucket, a family tradition
"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 says Mexican leader agrees to "effectively closing" southern border
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Zuckerberg meets with Trump at Mar-a-Lago
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
HealthWatch
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New Mexico man awarded $412 million for botched penile injections
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.
Why does eating turkey make you sleepy? Thanksgiving fatigue, explained.
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.
Thanksgiving foods cats and dogs can (and can't) eat
Can cats and dogs eat turkey and other Thanksgiving foods? Here's what experts say about what is safe and not.
A toddler got a nasal swab test. So why was the bill $445?
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 we eat turkey on Thanksgiving, according to history
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.
World
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Missing hiker found alive after surviving 6 weeks in Canada wilderness
A missing hiker was found alive this week in the remote Canadian wilderness, where he had been missing since October.
Dog found 9 days after escaping from plane at Paris airport
Amalka, a female, slipped out of a carrier cage on November 19 during an unloading operation.
Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
Doctor suspected of killing 8 patients: "Lust for murder"
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
Tennis star Iga Swiatek gets one-month suspension in doping case
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.
Entertainment
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Jon Batiste, Ledisi, Trombone Shorty and Lauren Daigle to do Super Bowl preshow
The performances will take place Feb. 9 at Caesars Superdome in New Orleans before the NFL's championship matchup and halftime show featuring rap megastar Kendrick Lamar.
Taylor Swift's Eras Tour book hits stores Friday. Here's what to know.
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.
Former TV host Charlie Rose settles sexual harassment lawsuit
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 denied bail again ahead of sex trafficking trial
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Grateful Dead remembers band member Phil Lesh
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.
Technology
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Zuckerberg meets with Trump at Mar-a-Lago
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Australian parliament approves law to ban under-16s from social media
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.
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.
AI grandma tool helps fend off phone scams
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 impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Science
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NASA shows off image of U.S. military's abandoned "city under the ice"
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.
Divided U.N. negotiations for plastic treaty
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.
Honolulu hopes to identify long-unclaimed bodies with advanced DNA testing
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.
Dishing up space food
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.
How are U.S. winters permanently changing?
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.
Crime
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Dentist accused of poisoning wife allegedly tried to have detective killed
Police have called James Craig's alleged plot to kill Angela Craig a "heinous, complex and calculated murder."
Doctor suspected of killing 8 patients: "Lust for murder"
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
Chilling details emerge after Montana camper's brutal murder
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
1,400 tons of drugs, "narco subs" found on new Pacific trafficking route
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 denied bail again ahead of sex trafficking trial
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Space
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Webb telescope captures stunning new image of the "Sombrero galaxy"
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
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.
Trump, Musk attend SpaceX launch
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.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
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.
Summer music heats up 2024
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.
Latest CBS News Videos
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Latest CBS News Videos
Giving thanks for a special home in America
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.
Inside the real history of Thanksgiving
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.
"Mornings Memory": Harvesting cranberries
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.
Pro Volleyball Federation's Whitney Bower
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.
Trump memorandum of understanding with DOJ
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.