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New data shows some European nations are seeing inflation slow to its lowest level in a year. However, the same report shows upward pressure on prices and a rise in core inflation. CBS News anchors Weijia Jiang and Jim Axelrod spoke with Barron's reporter Megan Cassella about what this means for policymakers trying to stabilize Europe's economy.
A key inflation gauge tracked closely by the Federal Reserve slowed sharply in February. The release of the personal consumption expenditures price index Friday comes after the central bank raised interest rates for the ninth time in about a year. Ann Berry, the founder of Threadneedle, joined Jim Axelrod and Weijia Jiang to discuss that and other economic news.
Federal data shows there are more than 10 million job openings across the U.S. But a new report shows not all of those jobs really exist. CBS MoneyWatch associate managing editor Irina Ivanova joined Errol Barnett and Lana Zak to discuss.
Initial unemployment benefits ticked up for the first time in three weeks and revised federal data showed the fourth quarter GDP trimmed slightly at a 2.6% annual rate. CBS News contributor and managing editor for business and markets at Axios, Javier David joined Anne-Marie Green and Vladimir Duthiers to discuss these key economic indicators.
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
Over half of tax filers expect to receive refunds. Here's how to use that money to offset rising costs of everyday items.
Stubbornly high inflation and mounting debt are weighing on many people's finances — and their minds.
CBS News business analyst Jill Schlesinger and J.D. Durkin, host of "The Street," join Errol Barnett and Elaine Quijano to discuss this week's market movers on Wall Street.
Home repairs and renovations can be daunting for anyone with delays and unexpected costs throwing a wrench into plans. A recent article in the Wall Street Journal found that since the pandemic started, some projects have turned into never-ending nightmares with more time and money needed to complete them. Wall Street Journal reporter Rachel Wolfe and general contractor Miguel Villamil joined CBS News to discuss.
Stocks closed in the green one day after the Federal Reserve announced a quarter-point interest rate hike. Washington Post economics reporter Rachel Siegel joined CBS News to discuss what the move means for investors.
The Bank of England has raised interest rates to their highest level in 15 years. CBS News anchors Meg Oliver and Errol Barnett spoke with foreign correspondent Imtiaz Tyab about what this means for residents and the economy.
The Federal Reserve raised interest rates another quarter-point in an effort to ease inflation. In the U.K., the Bank of England also raised rates. CBS News contributor and Axios managing editor for business and markets Javier David discusses the impact with anchors Anne-Marie Green and Vlad Duthiers.
They say government helps wealthy more than middle class amid bank issues.
The Federal Reserve is raising interest rates again in an effort to ease inflation. The quarter-point hike comes amid increased concern over the U.S. banking system. CBS News political correspondent Caitlin Huey-Burns joins "Red and Blue" to discuss the White House's response.
Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and stubbornly high inflation.
"If our demands are not met, we will go back to the streets and escalate," one retired military general and protest leader told CBS News.
The Federal Reserve is widely expected to raise interest rates for ninth time in roughly the span of a year today. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to discuss what analysts are anticipating and the significance of the central bank's forthcoming decision.
The Federal Reserve will decide whether it needs to boost interest rates again at a meeting Wednesday. Inflation still remains high, but the nation's recent banking crisis is causing concern over how the Fed should respond. CBS News senior White House and political correspondent Ed O'Keefe has more, and then Ann Berry, the founder of Threadneedle Strategies, joins CBS News to discuss the next steps for the Fed.
The Federal Reserve is expected to announce its latest decision on interest rates Wednesday afternoon. CBS News reporter Sarah Ewall-Wice joins "CBS News Mornings" to explain how the banking crisis is playing into the decision and what makes it different from the 2008 financial crisis.
The Federal Reserve will announce its rate decision after several recent bank failures have shaken the industry. Real estate has been among the most impacted sectors. Ed O'Keefe reports.
More than a third of consumers are struggling to stay afloat, but the problems are worse in some states.
"Americans can feel confident that their deposits will be there when they need them," the treasury secretary is expected to tell Congress Thursday.
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.
Surge pricing is spreading to places that many may not realize, such as restaurants, gym classes, movie theaters and more. Robert Shumsky, a professor of operations management at Dartmouth College's Tuck School of Business, joins CBS News' Lana Zak and Elaine Quijano to analyze this practice and its use in the United States.
Wall Street Journal consumer trend reporter Rachel Wolfe joined CBS News to discuss how uncertainty in the economy has led some party hosts to ask their guests leave the gifts at home.
The University of Austin, or UATX, is teaching its inaugural class of 92 college students. The school, with its focus on free speech, has been labeled by some as "anti-woke."
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
A DHL cargo plane crash landed in Lithuania, killing one crew member, but authorities say it's too soon to link it to suspected Russian sabotage operations.
Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.
Service workers at Charlotte Douglas International Airport have gone on strike at the start of a busy week of Thanksgiving travel to protest what they say are unlivable wages.
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
Health officials in California are alerting consumers of a voluntary recall of a batch of cream top, whole milk that was produced by Raw Farms, LLC, in Fresno County after bird flu was detected in a sample.
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Service workers at Charlotte Douglas International Airport have gone on strike at the start of a busy week of Thanksgiving travel to protest what they say are unlivable wages.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
The following is a transcript of an interview with Rep.-elect Sarah McBride, Democrat of Delaware, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
A DHL cargo plane crash landed in Lithuania, killing one crew member, but authorities say it's too soon to link it to suspected Russian sabotage operations.
The only truce in the ongoing Israel-Hamas war on Nov. 24, 2023 – fewer than two months after fighting began – led to the release of 80 Israelis held by militants in Gaza.
The shooting took place in the coastal province of Tabasco, which is struggling with a recent increase in violence.
Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon's military has largely kept to the sidelines.
Ten-year-old Chef Renad (who's gained a following on Instagram) and Hamada Shaqoura (who relies on humanitarian aid and crude cooking arrangements) educate while preparing meals in war-torn Gaza.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
There are very few American inventions more American than the martini – a classic cocktail of gin and vermouth, garnished with lemon. But today, a martini's ingredients may be up for debate.
Last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed the Fleetwood Mac founder's club, Fleetwood's on Front Street. Today, Mick Fleetwood is determined to rebuild, saying, "There has to be music."
As a young man, Fleetwood Mac founder Mick Fleetwood dreamed of a place – a club – where he could get his friends together. Twelve years ago, he made it happen in the west Maui city of Lahaina: Fleetwood's on Front Street. But last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed his treasured club. Today, Fleetwood says he's determined to rebuild. Correspondent Tracy Smith reports.
Every week on his blog, "Sandwiches of History," Barry Enderwick rescues sandwich recipes from the dustbin of history. He's now collected some of the unlikeliest (and even amazing) historical recipes in a cookbook.
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
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.
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
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.
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
There is growing concern among the police over an increase in Venezuelan gang activity across New York City.
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
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.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
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.
Sen. Joe Manchin joins "The Takeout" to discuss his political career and the state of American politics in 2024. Manchin provides insight on his disagreements with Democrats during Biden's presidency, why he left the party and how it can move forward after falling short this past election.
Next Sunday, 60 Minutes returns to the Cathedral of Notre Dame in Paris, bringing viewers a unique first look at the rebirth of one of the world’s great treasures.
Houston's Flying Saucer Pie Company has a devoted following, with people camping out overnight and lines up to half a mile long to get dessert for Thanksgiving. Janet Shamlian takes a look at what makes this shop so special.
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
Some 240,000 electric vehicles are being recalled because of the risk they could lose power while being driven. Some of the affected models include Kia vehicles and the Hyundai Genesis.