Consumer confidence tumbles to lowest in 4 months
Americans are taking more gloomy view of economy as cost of food, rent, clothing and other essentials continue to surge.
Americans are taking more gloomy view of economy as cost of food, rent, clothing and other essentials continue to surge.
John Leer, chief economist for Morning Consult, joined CBS News' Anne-Marie Green and Vladimir Duthiers with a look at the latest index of U.S. consumer confidence, out Tuesday.
For the last 10 years, Giving Tuesday has inspired millions to donate in support of various charities and nonprofit organizations. This year, donations have been lower as people struggle with rising consumer costs and economic uncertainty. Kristen Harris, the co-founder and CEO of Prevention Now, joined CBS News to discuss how inflation is impacting the work her organization does and how people can give back without giving money.
With Black Friday over, Cyber Monday is back and is bigger than ever for shoppers. Consumer savings expert Andrea Woroch joined CBS News to talk about the best deals this season.
As with most items this year, inflation is expected to hike up the cost of Christmas trees this holiday season. Nonetheless, demand for the holiday tradition remains high. Danya Bacchus has more.
Shops nationwide are hoping that shoppers will come out in force on Small Business Saturday, as the holiday shopping season kicks off. Michael George has more.
This holiday weekend, a record amount of money will be spent, but many shoppers are being picky and looking for bargains. The economy and inflation are at the top of shoppers' minds, according to the National Retail Federation. Elise Preston has more.
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
Consumer spending online is robust, and stores across the U.S. have already implemented holiday discounts. This prompts the question: is Black Friday dead? John Quelch, the dean of the University of Miami Herbert Business School, joins CBS News to discuss.
This year is expected have the biggest holiday shopping season since the pandemic. Emily Irwin, the managing director and senior director of advice for Wells Fargo's wealth and investment management, joined CBS News to share tips on how to shop like a finance pro on Black Friday and Cyber Monday.
AAA expects nearly 55 million people to travel this Thanksgiving. This holiday season follows a summer full of air travel disruptions, staffing shortages and record-high gas and airfare prices. CBS News senior travel adviser Peter Greenberg joined CBS News' John Dickerson to discuss.
Making Thanksgiving dinner will cost more this year, so CBS News compared the prices of brand name and generic ingredients used to make popular turkey day dishes. Anne-Marie Green and Vladimir Duthiers put them to the test and talked to Lead Chef, Culinary Arts at the Institute of Culinary Education Chef Barbara Rich about where to cut costs and tips for a delicious Turkey Day dinner.
With Thanksgiving around the corner, CBS News correspondent Janet Shamlian visits a family farm in rural Indiana to report on the impacts of inflation on turkeys.
From the coronavirus pandemic to inflation, Americans have spent the last two-and-a-half years delaying big purchases and even avoiding events due to economic uncertainty. Ted Rossman, senior industry analyst at Bankrate, joins CBS News to discuss a new survey that shows where people are cutting back.
New York Times food correspondent Kim Severson joins CBS News' Anne-Marie Green and Dana Jacobson with a breakdown of how much more your Thanksgiving dinner will cost this year thanks to inflation.
With high inflation, holiday shopping could be trickier than years past. Nerdwallet spokesperson and lead writer Sara Rathner joins "CBS News Mornings" with tips on how to navigate the season.
The country's finance minister made the announcement as he unveiled a litany of tax hikes and other measures to help Britain "face into the storm."
In autumn statement British Chancellor, Jeremy Hunt, admitted the UK was in recession as the government plans to prioritize stability, growth and public services. CBS News Foreign Correspondent, Ramy Inocencio, joins 'CBS News Mornings' with more on the Autumn Statement.
In MoneyWatch, used car prices are falling which could suggest we are entering a period of cooling inflation. The potentially positive sign for the economy could ultimately impact the rental car market as many Americans prepare to travel ahead of the busy holiday season. Sally French is the lead travel writer at NerdWallet. She joins CBS News for more.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
Both chains had been charging $1.50 for the combo, but Sam's Club has dropped their price down to $1.38.
Wholesale prices rose 0.2% in October from September, the government said Tuesday in its producer price index. Prices at the wholesale level rose 8% from a year ago in a decline from previous months. Lori Bettinger, president of BancAlliance and a former director of the Troubled Assets Relief Program during the Obama administration, joined CBS News to discuss.
Investors were fueled by hopes that cooling prices could influence Federal Reserve ahead of its December meeting.
Traditional investing advice calls for 60% of your portfolio invested in stocks and 40% in bonds. However, investors following the 60-40 rule have seen a 15% loss in 2022, complicating retirement savings for many Americans. The Wall Street Journal's Akane Otani joins CBS News to discuss the various strategies in investing for retirement.
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
Hassan Nasrallah, the longtime leader of Iran-backed Hezbollah, was killed in an airstrike in Lebanon's capital Beirut.
President Biden said, "Nasrallah and the terrorist group he led, Hezbollah, were responsible for killing hundreds of Americans over a four-decade reign of terror."
In North Carolina alone, more than 400 roads remained closed on Saturday as floodwaters began to recede and reveal the extent of damage from Hurricane Helene.
The Senate approved a resolution on Wednesday that was intended to hold Ralph de la Torre in criminal contempt for failing to testify before a committee.
In North Carolina, more than 400 roads remained closed on Saturday as floodwaters began to recede and reveal the extent of damage.
Hezbollah leader Hassan Nasrallah was killed during a massive airstrike in Beirut, Lebanon on Friday.
In a speech in Prairie du Chien, Wisconsin, the Republican nominee intensified his personal attacks against Vice President Kamala Harris.
Kendy Howard, a 48-year-old wife and mother, was found dead in her bathtub with a gunshot wound to the head. Evidence at the scene led investigators to take a hard look at her husband, a former Idaho state trooper. Did he have the know-how to get away with murder?
California would have become the first to require such systems for all new cars, trucks and buses sold in the state starting in 2030.
Kendy Howard, a 48-year-old wife and mother, was found dead in her bathtub with a gunshot wound to the head. Evidence at the scene led investigators to take a hard look at her husband, a former Idaho state trooper. Did he have the know-how to get away with murder?
In a speech in Prairie du Chien, Wisconsin, the Republican nominee intensified his personal attacks against Vice President Kamala Harris.
Lyle Menendez tells "48 Hours" contributor Natalie Morales, "There's just never been a case of guilt or innocence. It was always about why it happened."
California would have become the first to require such systems for all new cars, trucks and buses sold in the state starting in 2030.
In North Carolina, more than 400 roads remained closed on Saturday as floodwaters began to recede and reveal the extent of damage.
Bigger bins and premium-priced seating with added legroom are just some of the changes the carrier is betting will win over customers.
Rising Florida home insurance rates, which surged 45% from 2017 to 2022, are likely to keep climbing along with the mercury, experts say.
Loophole in law means potentially deadly furniture is still being sold by major retailers, advocacy group cautions.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
A government task force is ready to help minimize supply-chain disruptions in case of a prolonged East Coast port strike, Biden administration says
In a speech in Prairie du Chien, Wisconsin, the Republican nominee intensified his personal attacks against Vice President Kamala Harris.
President Biden said, "Nasrallah and the terrorist group he led, Hezbollah, were responsible for killing hundreds of Americans over a four-decade reign of terror."
In most states, those who wish to vote have more than one option that makes it easier and more convenient to register or update their registration than in past years.
This follows a bombshell report last week which found that Robinson had posted racist and sexually explicit comments online.
Despite suspending his campaign, the independent presidential candidate was fighting to have his name restored to the state's ballot.
The Senate approved a resolution on Wednesday that was intended to hold Ralph de la Torre in criminal contempt for failing to testify before a committee.
Tyler Theroux was born with a brachial plexus injury that would eventually leave him depressed and in extreme pain. A complex surgery finally provided relief.
Loophole in law means potentially deadly furniture is still being sold by major retailers, advocacy group cautions.
Officials claim the changes "had no bearing" on Boar's Head's now-shuttered plant.
Many Americans are unaware of the connection between drinking and cancer risk, despite growing research that points to the negative health impacts of alcohol.
President Biden said, "Nasrallah and the terrorist group he led, Hezbollah, were responsible for killing hundreds of Americans over a four-decade reign of terror."
The 60-year-old priest was questioned by the investigating judge and placed under arrest, the prosecutor's office said.
On Saturday, Pope Francis acknowledged that the abuse scandal had created "atrocious suffering and wounds," and undermined the faith.
A U.K. watchdog identified "multiple instances of misconduct" in the running of Campbell's charity Fashion for Relief.
Landslides and flooding caused by rainfall have killed at least 66 people in Nepal. Dozens of others are missing, police said Saturday.
Dame Maggie Smith, whose luminous career included two Academy Awards and a Tony, died on Friday, September 27, 2024, at age 89. In this "Sunday Morning" profile that aired January 20, 2002, correspondent Eugenia Zukerman talked with Smith about her roles, which ranged from Shakespeare's Desdemona to Harry Potter's Professor Minerva McGonagall; and about her grandmother's advice that she never appear on the stage. Zukerman also talked with "Gosford Park" director Robert Altman and producer Bob Balaban about the actress' on-screen magic.
The festival, which runs through Oct. 14, features new films starring Adrien Brody, Daniel Craig, Tilda Swinton, Julianne Moore, Saoirse Ronan, Naomi Watts and Bill Murray.
Richard Powers has been writing for decades, after a career as a computer programmer. In 2019, his nature-inspired book "The Overstory" took home a Pulitzer Prize. His newest book, "Playground," also focuses on the natural world, this time paying homage to our oceans, celebrating their beauty and raising concern for the future. Jeff Glor has more.
Author V.E. Schwab has written nearly two dozen books since making her debut in 2011. Her novels feature modern characters and twisty plots, and are helping redefine the fantasy genre. Dana Jacobson has more.
In this preview of an interview to be broadcast on "CBS Sunday Morning" September 29, correspondent Anthony Mason talks with Chris Martin and Jonny Buckland of the rock band Coldplay about their massively-successful world tour.
A SpaceX Falcon 9 rocket blasted off from Cape Canaveral, Florida, on Saturday with a NASA astronaut and a Russian cosmonaut aboard a Crew Dragon capsule that normally carries four. That is because the Crew Dragon's two empty seats will be used to give two Boeing Starliner astronauts a ride back to Earth next February. Butch Wilmore and Suni Williams were part of Boeing's first crewed test flight of its Starliner, and though it got them to the International Space Station back in June, problems with its propulsion system prompted NASA to look for another ride. Manuel Bojorquez reports.
Top U.S. artificial intelligence startup OpenAI took a hit Thursday after three of its top executives exited the company. The departures come as CEO Sam Altman is reportedly preparing to turn OpenAI into a traditional for-profit company. Connie Guglielmo, senior vice president focused on AI edit strategy for CNET, joins CBS News to examine the future of the startup.
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.
Super Micro Computer's stock price fell sharply after the Wall Street Journal reported the company faces a federal investigation.
Meta AI will talk to you in the voice of a handful of celebrities, Mark Zuckerberg announced today.
In this episode of "Climate Watch: Protecting the Planet," CBS News senior environmental correspondent Ben Tracy speaks to scientists and experts about the growing number of critically endangered plants and animals and how humans can help.
The author revisits his 2000 bestseller "The Tipping Point," to examine the flip side of that earlier book's lessons about studying social change. Among the topics he covers: Cheetah reproduction.
The Viking burial ground, used during the 9th and 10th centuries, was discovered on the southern outskirts of the village of Åsum.
Nine years after it was negotiated, the Paris Climate Agreement continues to serve as a blueprint for global environmental goals. Todd Stern, the top U.S. negotiator for the deal, outlines the years-long process it took to reach the landmark agreement in his new book, "Landing the Paris Climate Agreement: How It Happened, Why It Matters and What Comes Next." Stern joins CBS News to look back at the talks.
Florida is bracing for the wrath of Hurricane Helene. A common question that scientists face during natural disasters like this is: Has climate change impacted their severity? CBS News Miami investigative reporter Jim Defede and CBS News Texas investigative reporter Brian New break down how lawmakers and residents in their states view climate change amid natural disasters.
Kendy Howard, a 48-year-old wife and mother, was found dead in her bathtub with a gunshot wound to the head. Evidence at the scene led investigators to take a hard look at her husband, a former Idaho state trooper. Did he have the know-how to get away with murder?
Lyle Menendez tells "48 Hours" contributor Natalie Morales, "There's just never been a case of guilt or innocence. It was always about why it happened."
Kendy Howard was found dead in her bathtub. While dispatched as a suicide, clues at the scene made Kootenai County authorities suspicious.
Darien Urban, 21, and Shalene Ehlers, 20, the baby's parents were arrested after they allegedly tried to sell their 2-month-old baby because having three dogs and an infant was "not working."
A search was underway for the suspects, national police spokesperson Brig. Athlenda Mathe said in a statement regarding the two mass shootings in South Africa.
Crew Dragon's two astronauts will join two Starliner fliers for a five-month tour of duty aboard the International Space Station.
Later today, the SpaceX Dragon spacecraft is set to launch a crewed mission to the International Space Station. The craft is also set to bring back the two astronauts who have been waiting for a ride home since June.
A NASA astronaut and a Russian cosmonaut will join the Starliner astronauts for a normal tour of duty
The Soyuz landing in Kazakhstan sets the stage for launch of a SpaceX Crew Dragon flight to the space station Thursday.
For the next two months, Earth will have a "mini-moon" when a small asteroid temporarily orbits the planet. Scientists say the asteroid, which is only 33 feet long, will enter Earth's gravity in a horseshoe orbit September 29 before leaving on November 25. Most people won't get a glimpse of this mini-moon though, it's too small to see without professional equipment.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
A SpaceX Falcon 9 rocket blasted off from Cape Canaveral, Florida, on Saturday with a NASA astronaut and a Russian cosmonaut aboard a Crew Dragon capsule that normally carries four. That is because the Crew Dragon's two empty seats will be used to give two Boeing Starliner astronauts a ride back to Earth next February. Butch Wilmore and Suni Williams were part of Boeing's first crewed test flight of its Starliner, and though it got them to the International Space Station back in June, problems with its propulsion system prompted NASA to look for another ride. Manuel Bojorquez reports.
The Harris campaign is rolling out a new ad Saturday night during the Alabama-Georgia football game, which former President Donald Trump is attending, calling on him to commit to a second debate. Nikole Killion reports from Tuscaloosa.
President Biden on Saturday called the killing of Hezbollah leader Hassan Nasrallah in an Israeli airstrike on Beirut a "measure of justice," saying that under Nasrallah's leadership, Hezbollah was "responsible for killing hundreds of Americans over a four-decade reign of terror." Charlie D'Agata reports from the Pentagon.
Helene has caused major devastation across the Southeast since it made landfall in Florida as a Category 4 hurricane. It is responsible for at least 55 deaths, and over three million customers remained without power Saturday. Jason Allen reports from Keaton Beach, Florida.
Hassan Nasrallah, the leader of Hezbollah, was killed in an Israeli airstrike on Beirut Friday, the Lebanon-based militant group confirmed. For 32 years, Nasrallah led the Iranian-backed group, which is designated as a terrorist organization by the U.S. His death now fuels fears of an all-out regional war. Imtiaz Tyab reports from Beirut.