Inflation eased in October as prices for gasoline and cars cooled off
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
Watch CBS News
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
The economy is the issue voters most care about when thinking ahead to the 2024 presidential elections, according to a CBS News poll. CBS News correspondent Lana Zak met with Georgia voters who are divided on the state of the economy.
According to a CBS News poll, more than half of young voters definitely will vote in 2024, and only 7% say they will likely not vote. CBS News correspondent Lana Zak spoke to three young voters who pointed toward issues, and not political parties, that are influencing their votes.
A CBS News poll is giving us a better sense of what could happen if the Republican presidential field continues to consolidate. CBS News deputy director of elections and data analytics Kabir Khanna explains.
The economy is set to be a hot-button issue ahead of the 2024 presidential election. CBS News' Lana Zak spoke with people in Baldwin County, Georgia, to see how inflation is affecting daily life and how the state of the economy could influence their vote.
A new report from Wells Fargo has found that turkey prices are down 9% this year, while the price of cranberries are up 20%.
Slight increase in job openings in September indicates U.S. job market remains strong in the face of higher interest rates.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
The climbing interest rates may be keeping prospective home buyers from moving from places they may not necessarily want to live in. Felix Salmon, chief financial correspondent for Axios, joins CBS News with more.
The Social Security Administration said its 2024 cost-of-living adjustment will be 3.2%, a much smaller bump than the 8.7% increase seniors and other beneficiaries received this year. Mark Miller, a contributor to The New York Times, joined CBS News to discuss the adjustment.
The Consumer Price Index rose 0.4% last month with energy and housing prices contributing to the increase. Greg Robb, a senior economic reporter for MarketWatch, joined CBS News to break down the numbers.
The lack of housing supply in the United States is related to the ongoing spikes in interest rates. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News to explain the mortgage "lock-in effect," which may be keeping homes off the market.
The Producer Price Index, measuring how much wholesale goods cost, rose half a percentage point in September, slightly higher than the 0.3% some experts expected. More than 40% of the increase can be attributed to a rise in energy costs. Business journalist Kristin Myers joined CBS News to discuss the numbers.
Chipotle attributes plans to bump up menu prices again to "state of the economy," a company spokesperson told Insider.
During President Biden's remarks today on the September jobs market, he took questions on why sentiments among Americans about the economy may not reflect what the strength this month's data yields. Biden also announced more American jobs in manufacturing. CBS News chief White House correspondent Nancy Cordes has more.
People across the country remain "deeply dissatisfied" with the state of the economy even as the rate of inflation declines. Amara Omeokwe, an economics reporter with The Wall Street Journal, shares her latest reporting on why consumers remain angry.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Some 200 workers from Apple stores across France joined picket lines, vying for sidewalk space with customers eager to get the new iPhone 15.
Wholesale inflation saw its biggest month-to-month gain since June 2022 last month, with the Producer P rice Index rising seven-tenths of a percent between July and August. Alcynna Lloyd, reporter for Insider, joined CBS News to discuss the numbers.
The producer price index rose seven-tenths of a percent in August, a spike driven by the cost of energy. Hope King, senior business reporter for Axios, joined CBS News to discuss what the number means and if it will lead to another interest rate hike from the Fed.
Inflation ticked up for a second straight month in August, with the Bureau of Labor Statistics reporting the biggest month-to-month increase in consumer prices all year. Jeanna Smialek, Federal Reserve and U.S. economy reporter for the New York Times, joined CBS News with analysis of the numbers.
The Consumer Price Index rose six-tenths of a percentage point in August, largely driven by a spike in gas prices. CBS News contributor Javier David has more on what the number could mean for interest rates.
Despite uptick in prices, Wall Street analysts still expect inflation to continue easing over the coming months.
PCE price index indicates signs of cooling price increases, raising likelihood Fed will leave interest rates unchanged in September.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
U.S. speed skater Greta Myers learned about her Olympic debut in the 3000m three hours before the race was due to begin.
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
An Ohio man has been charged with threatening to kill Vice President JD Vance while he was visiting his home state last month.
The U.S. women's hockey team eased to a 5-0 win over Finland on Saturday afternoon.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
The U.S. ended Saturday in first place with 44 points. Japan was five points back going into the men's, women's and pairs free skates to decide the medals Sunday.
The U.S. women's hockey team eased to a 5-0 win over Finland on Saturday afternoon.
Francesca Lollobrigida set a new Olympic record of 3 minutes, 54.28 seconds, shaving more than two-and-a-half seconds off the mark set by Dutch legend Irene Schouten four years earlier in Beijing.
Friday's attack was the deadliest suicide bombing in Islamabad in nearly 20 years.
U.S. speed skater Greta Myers learned about her Olympic debut in the 3000m three hours before the race was due to begin.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Lead singer and frontman Dee Snider said he suffers from degenerative arthritis and has had several surgeries over the years.
Sarah Gelman, editorial director at Amazon Books, joins "CBS Saturday Morning" to recommend some of the best books to read around Valentine's Day.
Super Bowl chefs spend an entire year developing the menu for the big game, and "CBS Saturday Morning" gets a sneak peek at some of the mouth-watering options.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
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.
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.
"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.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The Milano Cortina Winter Olympics marked its official start on Friday with an opening ceremony that included the traditional Parade of Nations and performances from Mariah Carey and Andrea Bocelli. "CBS Saturday Morning" goes inside the event.
Sam, Lauren and Alli Macuga are competitive skiers across different disciplines who were hoping to represent Team USA at Milano Cortina. Lauren, who was a top contender in alpine, suffered an ACL injury in November that ended her season -- but she explains why the world hasn't seen the last of the Macuga sisters.
Sarah Gelman, editorial director at Amazon Books, joins "CBS Saturday Morning" to recommend some of the best books to read around Valentine's Day.
Super Bowl chefs spend an entire year developing the menu for the big game, and "CBS Saturday Morning" gets a sneak peek at some of the mouth-watering options.
Noor Murad's latest cookbook is a love letter to the Middle Eastern flavors she is known for using in her dishes.