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President Biden has signed the Inflation Reduction Act into law after months of negotiations. Democrats said the measure addresses climate change and health care costs. CBS News senior White House and political correspondent Ed O'Keefe joined "CBS News Mornings" to discuss the legislation and provide an update on first lady Jill Biden, who is isolating following her COVID-19 diagnosis.
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
Several key primary elections will take place Tuesday in Alaska and Wyoming. Anthony Salvanto, CBS News executive director of elections and surveys, discussed some of the key issues impacting voters ahead of the November midterms.
The company is cutting prices to get rid of excess inventory after a huge shift in how Americans spend.
The most recent CPI showed a 0.7% increase in rent prices in July. That number has continued to rise over the last year, especially for younger renters. KC Tenants' Tara Raguhveer joins CBS News to discuss the steep costs and what action the Biden administration can take.
Walmart and Home Depot kick off a host of retail earnings reports on Tuesday, followed by Lowe's and Target.
Airfares were down 7.8% in July compared to June, according to the latest numbers released by the Labor Department.
A new analysis from the Penn Wharton Budget Model finds that wealthier taxpayers will bear the brunt of the impact.
Some investors believe inflation may have peaked, allowing Federal Reserve to be less aggressive with hikes.
It turned out to be a relatively flat day on Wall Street. The Dow opened higher but took a turn midday, with the market dipping into the red. Chief economist for The Conference Board Dana Peterson joins CBS News' Tanya Rivero and Lilia Luciano to discuss.
According to AAA, the national average price for a gallon of gas has dropped to $3.99. CBS News transportation correspondent Errol Barnett joins Carter Evans to discuss the latest.
The U.S. Postal Service is increasing rates for holiday shipping, beginning in October. First-class packages will see a surcharge depending on weight and distance.
The average price for a gallon of regular gas fell below $4 for the first time in five months, according to AAA. The relief comes from an increase in global oil supply and a decrease in fuel demand. Errol Barnett takes a look.
Americans are dipping into savings and switching to lower-cost brands as food prices climb higher.
Economy is "experiencing a healthy deceleration, not a recession," Goldman Sachs analyst says.
Despite inflation slowing down in July, food prices are rising to levels not seen in more than 40 years. Yahoo Finance reporter Alexandra Semenova joins "CBS News Mornings" to discuss the latest.
Economists are cautiously optimistic that inflation may be slowing as prices on gas, airline tickets and clothes all fell last month. Carter Evans takes a look.
Investors are reacting to the July Consumer Price Index report, which showed the annual rate of inflation at 8.5%, down from 9.1% in June. CBS News' Tanya Rivero and Elaine Quijano speak with Insider reporter Ben Winck on what the report means for American consumers.
July's Consumer Price Index report showed a 8.5% annual inflation rate, down from 9.1% in June, which was the highest in over 40 years. The Wall Street Journal's Akani Otani joins CBS News with more on the economic impact.
Latest inflation data bolsters hopes that consumer prices have peaked and that the Fed can temper interest rate hikes.
The annual inflation rate was 8.5% in July, a slight dip from the four-decade high of 9.1% in June. CBS News reporter Sarah Ewall-Wice breaks down what this means for American consumers.
The news of a slowly shrinking inflation rate comes amid a jump in President Joe Biden's approval rating. CBS News political correspondent Caitlin Huey-Burns joined Vladimir Duthiers and Anne-Marie Green to discuss the impact economic factors may have on the upcoming midterm elections, and the president signing the PACT act into law.
The Consumer Price Index rose to 8.5% in the month of July, bringing inflation down from its 40-year high. Gas prices are falling, but the cost of food and rent are still increasing. Lori Bettinger, president of BancAlliance and the former director of the U.S. Treasury's Troubled Asset Relief Program, joined CBS News to discuss what this data means for the economy.
Families getting ready to send kids back to school are facing higher prices for school supplies, clothes and other items. Axios senior reporter Kelly Tyko joins "CBS News Mornings" with advice on how to save money when back-to-school shopping.
The U.S. Labor Department has released its latest Consumer Price Index for July 2022. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down what this means for prices and the economy.
A ceasefire in Lebanon between Israel and the Iran-backed militant group Hezbollah appeared to be holding several hours after it began.
If confirmed as trade representative, Jamieson Greer would be responsible for negotiating directly with foreign governments on trade deals and disputes.
In the wake of Hurricane Helene, more than 2,000 landslides displaced families in western North Carolina. They are waiting to find out if rebuilding is even possible or safe.
Tom Homan and Texas Gov. Greg Abbott served meals to troops stationed in Eagle Pass and Edinburg as part of Operation Lone Star.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
Harvey Weinstein's lawyers filed a legal claim alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at Rikers Island.
More than 3,000 fake Gibson guitars were seized by U.S. Customs and Border Protection in what authorities are calling the largest seizure of counterfeit musical instruments at the massive Los Angeles-Long Beach Seaport.
A professional treasure hunter has been charged in the theft of the 37 gold coins stlen from the wreckage of the 1715 Treasure Fleet.
Jean Rather, the wife of former longtime CBS News anchor Dan Rather, died Tuesday at the age of 89 following a battle with cancer.
A federal panel has been meeting for months to draft recommendations.
Jean Rather, the wife of former longtime CBS News anchor Dan Rather, died Tuesday at the age of 89 following a battle with cancer.
Harvey Weinstein's lawyers filed a legal claim alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at Rikers Island.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
If confirmed as trade representative, Jamieson Greer would be responsible for negotiating directly with foreign governments on trade deals and disputes.
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.
Consumers could face higher prices for electronics if President-elect Donal Trump hits Canada, Mexico and China with new tariffs, Best Buy CEO said.
Americans paid an estimated $842 million in fees to cover advance loan refunds or refund anticipation checks last year.
In some parts of the U.S., parents pay more than $30,000 annually for infant care at a center, federal data shows.
John Furner, president and CEO of Walmart U.S., talks about the company's decision to scale back its DEI policies.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
If confirmed as trade representative, Jamieson Greer would be responsible for negotiating directly with foreign governments on trade deals and disputes.
Alexander Smirnov, an FBI informant, was accused of lying about President Biden and Hunter Biden and now faces new charges of tax evasion.
Americans are most thankful for family and friends, which may be why they'll try to steer away from politics at Thanksgiving.
Claudia Sheinbaum said Mexico suffered from an influx of weapons smuggled in from the United States, and that drugs were a U.S. problem.
A federal panel has been meeting for months to draft recommendations.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
A New White House proposal would make Medicare and Medicaid cover GLP-1 weight loss drugs for people who are obese. The move would expand affordable access to the drugs to some 7.4 million people. Dr. Jon LaPook has more.
This may be the first Thanksgiving for millions of Americans who are on GLP-1 agonists like Ozempic, Zepbound or Wegovy.
In 2020, West Virginia launched a pilot program to subsidize GLP-1 drugs for public employees, but the program was shuttered in March.
The plan is to get close enough to tranquilize the animal with a hypodermic needle, airport officials said.
Claudia Sheinbaum said Mexico suffered from an influx of weapons smuggled in from the United States, and that drugs were a U.S. problem.
Daniel Andreas San Diego was indicted more than 20 years ago in connection with two 2003 bombings.
A ceasefire in Lebanon between Israel and the Iran-backed militant group Hezbollah appeared to be holding several hours after it began.
The U.S. Air Force says more unexplained drones have been sighted near major British military bases used by American forces.
Harvey Weinstein's lawyers filed a legal claim alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at Rikers Island.
Irish band The Script continues to inspire with hits like "Hall of Fame," while moving forward after the loss of guitarist Mark Sheehan. Danny O'Donoghue talks to Natalie Morales about the band's journey, and how boxing helps him cope.
Actor Danielle Pinnock joins "CBS Mornings" to talk about her role in the hit CBS comedy "Ghosts," where she plays a spirited 1920s jazz singer with plenty of sass.
From Emmy wins to Oscar nods, Colman Domingo reflects on his career and dives into his latest role in Netflix's "The Madness."
Brittney Griner and her wife Cherelle welcomed their son, Bash, in July. Now, they're sharing adorable family photos and looking ahead to their first Christmas together.
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 managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
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.
More than one third of travelers says they've incorporated artificial intelligence into their travel planning, according to a recent survey. CBS News compared how efficient booking a trip with the help of AI is compared to doing the research yourself.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
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.
The Los Angeles County man, who was trying to board a flight to Australia, faces one count of intent to distribute methamphetamine.
More than 3,000 fake Gibson guitars were seized by U.S. Customs and Border Protection in what authorities are calling the largest seizure of counterfeit musical instruments at the massive Los Angeles-Long Beach Seaport.
Daniel Andreas San Diego was indicted more than 20 years ago in connection with two 2003 bombings.
A hearing for Erik and Lyle Menendez, brothers convicted of killing their parents more than three decades ago, was postponed Monday after technical issues with the brothers' virtual appearance. The family of the brothers are asking a judge to reduce their sentences of life without parole.
An FBI agent who was acquitted of attempted murder for shooting a man on a train near Washington, D.C., has been accused of sexual assault.
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
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.
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.
Amid rapid tech advancements and strict regulations, CAI empowers partners with innovative tools and methods to ensure flexibility, speed, and scalability in life sciences and mission-critical projects, enhancing efficiency and effectiveness.
CSM Group is leveraging advanced project controls and technology to drive efficiency, reduce risks, and deliver smarter construction projects. Through dashboards, predictive analytics, and tools like BIM, they ensure seamless project management while empowering teams and clients.
FormFactor is a key partner for semiconductor manufacturers, providing test solutions for the integrated circuits (ICs) that power electronic systems across many applications, including computing, consumer technology, automotive, and artificial intelligence (AI).
Two months after Hurricane Helene brought devastating flooding to North Carolina, some residents still can't get home. Landslides triggered by the flooding may have even made it too dangerous to rebuild in some areas. Dave Malkoff has the story.
A New White House proposal would make Medicare and Medicaid cover GLP-1 weight loss drugs for people who are obese. The move would expand affordable access to the drugs to some 7.4 million people. Dr. Jon LaPook has more.