Here are 3 key economic issues to watch for during the Harris-Trump debate
About 8 in 10 adults tell CBS News the economy is a major factor in their vote, outpacing abortion and climate change.
Inflation
American household incomes rebounded in 2023 to pre-pandemic levels
New Census data finds the typical household earned $80,610 last year, a 4% jump from 2022 and the first significant boost since 2019.
Harris, Trump virtually tied in battlegrounds
The latest CBS News polling released over the weekend shows Vice President Kamala Harris and former President Donald Trump remain in a virtual tie in the battleground states of Michigan, Wisconsin and Pennsylvania ahead of Tuesday's debate. CBS News executive director of elections and surveys Anthony Salvanto joins to dig through the numbers.
Jobs report falls short of expectations
The U.S. added 142,000 jobs in August, the Labor Department reported Friday, which was below forecasts, although the unemployment rate ticked down to 4.2%. Economists still overwhelmingly anticipate an interest rate cut from the Federal Reserve in mid-September. Jo Ling Kent has details.
Will the Federal Reserve cut rates?
The Federal Reserve is expected to cut interest rates in September as inflation appears to cool. CBS News contributor Javier E. David has more on what to expect.
Food costs remain high amid holiday BBQs
Food shoppers are feeling the pinch this Labor Day weekend as they gather around the grill. While inflation has fallen below 3% for the first time since 2021, high food prices remain a problem. Janet Shamlian digs into the issue.
The Climate Election: Grocery inflation explained
$15 for a pound of coffee? Groceries have been particularly expensive lately with inflation helping drive up the cost of nutritional staples 25% since 2019. But there's a root problem with the surge in grocery costs that's attacking food right at the source. CBS Los Angeles meteorologist Marina Jurica explains what to know about the rising costs of groceries as we get closer to Election Day and what Vice President Kamala Harris and former President Donald Trump have planned to address it.
Subway joins the value meal battle with a new price on its footlongs
The deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
Here's how economists rate Kamala Harris' pledge to ban price gouging
Harris is vowing to pass the first federal ban on price gouging, a pledge that comes after grocery prices have surged 25% since 2020.
Car insurance rates could jump 50% in 3 states. Here's where.
Drivers could continue to see higher car insurance rates in 2024, with the average U.S. rate projected to jump 22% this year.
Economy takes center stage in presidential race
Former President Donald Trump has focused his latest line of attacks against his rival on the economy, which comes after Vice President Kamala Harris unveiled her first round of economic policy proposals. Natalie Brand has more.
Harris lays out her economic vision
Vice President Kamala Harris released her first major economic policy proposal since entering the presidential race. The plan, aimed at middle-class voters, includes money for new homebuyers, expansion of the Child Tax Credit and government action on grocery prices. Nancy Cordes reports from Raleigh, North Carolina.
How effective are Trump's economic attacks?
At an event Thursday announcing a deal to lower the cost of popular Medicare drugs, President Biden attacked former President Donald Trump and Republicans in Congress who didn't support the bill that made cutting prices possible. Later in the day, Trump hit back, calling out the current administration for what he considers a lack of action on the economy. CBS News political reporter Zak Hudak joins with analysis.
Trump criticizes Harris over economy
Former President Donald Trump held a news conference at his golf club in New Jersey on Thursday, his second in a week. Trump said Vice President Kamala Harris' economic policies are causing a catastrophe. CBS News' Fin Gómez and Willie James Inman have more.
Trump takes questions at New Jersey golf club
Former President Donald Trump took questions from reporters at his golf resort in Bedminster, New Jersey, on Thursday. He criticized Vice President Kamala Harris' economic policies, and said if she's elected, "the worst is yet to come." Political strategists Joel Payne and Matt Gorman join "America Decides" with analysis.
What to know about cooling inflation
U.S. inflation has dropped to its lowest level in three years. Prices rose 2.9% in July from a year earlier, down from 3% in June, marking the smallest 12-month increase since March 2021, when prices accelerated in the wake of the pandemic. CBS News senior business and technology correspondent Jo Ling Kent explains.
Trump attacks Harris on the economy
With polls tightening, former President Donald Trump used a campaign appearance in Asheville, North Carolina, Wednesday to try and capitalize on one of his perceived strengths, the economy, while attempting to tie his new opponent, Vice President Kamala Harris, to current economic conditions. Caitlin Huey-Burns reports from Asheville.
Inflation drops below 3% for first time since 2021
The Labor Department reported Wednesday that consumer prices rose just 2.9% in July, the first time the year-over-year inflation rate has dropped below 3% since March of 2021. However, despite the good economic data, for many Americans monthly expenses such as rent, auto insurance and electricity remain stubbornly high. Jo Ling Kent reports.
Biden touts economy, new inflation data
President Biden touted a win on the U.S. economy Wednesday as new data shows a slight cooling in the July inflation numbers. Kristin Myers, the editor-in-chief of ETF.com, joins CBS News with more.
Why Inflation cooling in July matters
New data shows inflation continuing to cool in July, but sticking right below 3% as housing costs and rental prices continue to affect monthly budgets. CBS News senior business and technology correspondent Jo Ling Kent reports.
Mars strikes nearly $30 billion deal to buy Cheez-It maker Kellanova
Mars is buying food company Kellanova, giving it access to brands such as Cheez-It and Pop-Tarts.
Inflation below 3% in new CPI report
Wednesday's release of the latest Consumer Price Index marks the first time inflation has been below 3% since 2021. CBS News contributor Javier E. David has more on the report and what it could mean for interest rates.
Inflation cools further before Fed's next interest rate decision
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
Harris, Trump propose on economy
The state of the economy continues to be a top voting issue in 2024. Here's how Vice President Kamala Harris and former President Donald Trump differ on economic policy proposals as they campaign for the White House. CBS News' Tom Hanson reports.
U.S. mortgage rates in decline
U.S. mortgage rates are now at their lowest point in 15 months and experts say they could continue to drop with the Federal Reserve expected to slash the federal funds rate next month. CBS News business analyst Jill Schlesinger has more.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Judge postpones Trump's New York "hush money" sentencing
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Fearing deportation, some Haitian migrants are leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
U.S.
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Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Ernie Johnson, wife found healing by "unlocking" their late son's key collection
Ernie and Cheryl Johnson had planned to hold onto their late son Michael's quirky key collection forever. But then they met 6-year-old Cooper Kivett.
Fearing deportation, some Haitian migrants leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
MoneyWatch
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Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Walmart must pay driver it accused of fraud $35 million, jury says
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Supreme Court takes up FCC fund dispute over subsidies for rural telecom services
The Universal Service Fund was created by Congress in 1996.
Politics
More Politics
Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
HealthWatch
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New treatments offer hope for older patients with a deadly cancer diagnosis
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
1 infant dead in California, 9 hospitalized in latest listeria outbreak
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
E. coli outbreak in St. Louis sickens 106, hospitalizes 2
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.
What to know about the newly identified chemical in U.S. drinking water
Researchers have identified a chemical in certain tap water across the United States as chloronitramide anion. Here's what to know.
Whole Foods organic carrots and celery recalled amid E. coli outbreak
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
World
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Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
Philippines vice president threatens to have nation's president killed
Under the Philippine penal code, such public remarks may constitute a crime and can be punishable by a jail term and fine.
Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
AI grandma fights back against scammers
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.
Entertainment
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Entertainment
Michelle Miller honored with key to the city
CBS Saturday Morning co-host Michelle Miller and her husband Marc Morial were awarded New York City's Key to the City this week to honor their work in civil rights and philanthropy. New York City has been giving select people the honor since 1702.
Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
"Sunday Morning" 2024 "Food Issue" recipe index
Delicious menu suggestions from top chefs, cookbook authors, food writers, restaurateurs, and the editors of Food & Wine magazine.
Ridley Scott on returning for "Gladiator II": "I kept thinking about it"
Ridley Scott returns to ancient Rome with "Gladiator II" nearly 25 years after the Oscar-winning original.
Technology
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Technology
Who has the best Black Friday tech prices?
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.
AI grandma fights back against scammers
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.
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.
Australia could ban social media for kids
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.
DOJ targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
Science
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Science
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.
Emperor penguin found on Australian beach released at sea after 20 days of care
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.
Iceland volcano flares in region's 7th eruption in one year
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.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Crime
More Crime
Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
U.S. accuses former Colombia general of extrajudicial killings
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
4.78 tons of cocaine, $193,000 in cash found in shipping containers
Prosecutors said eight people were detained following searches carried out in Belgium and the Netherlands earlier this month.
84-year-old Texas man accused of killing roommate and her dog
The man was arrested on an unrelated carjacking warrant and admitted to killing his roommate and her pet.
Georgia woman convicted of killing her toddler gets life in prison
Leilani Simon was spared the maximum punishment of life without a chance of parole.
Space
More Space
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.
Far side of the moon once had erupting volcanoes, lunar soil shows
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.
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
Italian men defy global cooking statistic
In much of the world, women cook more meals than men, outpacing them by a 2-to-1 edge. But Italy, already renowned for its food, bucks that trend.
Michelle Miller honored with key to the city
CBS Saturday Morning co-host Michelle Miller and her husband Marc Morial were awarded New York City's Key to the City this week to honor their work in civil rights and philanthropy. New York City has been giving select people the honor since 1702.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
NFL, NBA warn players after break-ins
Both the NFL and NBA have issued alerts this week warning players that a recent series of break-ins and robberies at the homes of athletes may not be a coincidence.
The Uplift: Stars, stripes and service
Two men form a friendship over their love of the U.S. A group helps make travel more comfortable for kids with autism. Plus, more heartwarming stories.