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In MoneyWatch, Treasury Secretary Janet Yellen is testifying before the Senate Finance Committee today. Her appearance on Capitol Hill is slated to discuss the Biden administration's plans for the 2023 fiscal budget. Reuters Senior Correspondent Andrea Shalal joins CBS News for more.
Whether your goal is to pay off debt or save money, credit cards offer rewards and benefits that can make a difference.
President Biden is preparing for the Summit of the Americas, which is being held in Los Angeles. He will be joined by leaders from North, Central and South American countries as they explore economic relationships and shared policy goals. CBS News political contributor and Democratic strategist Joel Payne joined CBS News' Lana Zak to discuss.
British Prime Minister Boris Johnson faces a vote of confidence in his leadership, after a number of British lawmakers from his own party submitted letters saying they no longer wanted him as leader. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Anne-Marie Green from London to discuss Johnson's political future.
Despite the U.S. adding more jobs in May, many Americans fear a recession is on the horizon. Senior Vice President of Kingsview Investment Management Paul Nolte joins "CBS News Mornings" to discuss the latest.
Betsey Stevenson, a professor at the University of Michigan, discusses the state of the U.S. labor market, the outlook for inflation and the role of consumers in the economic recovery.
As diesel prices sit near all-time highs, the rising cost is having a ripple effect on the economy. Michael Nicholson, co-owner of moving and storage company The Moving Squad, joined CBS News' Nikki Battiste to discuss the effects of inflation on his bottom line.
High gas prices are turning into a major speed bump as the summer travel season kicks into high gear. The national average for regular gas is nearing $5 per gallon. Kris Van Cleave has more on why gas prices are increasing.
Supermarkets tout discount campaigns to inflation-weary shoppers as more people turn to cheaper private labels.
The May jobs report came in better than expected. The U.S. added 390,000 jobs during the month, and the unemployment rate remained at 3.6%. But inflation is causing a change in trends of how consumers are spending their money. Kevin Gordon, senior investment research manager at Charles Schwab, joins CBS News to break down the jobs report and what it signals about the state of the economy.
President Biden is praising his administration's efforts at reviving the U.S. economy since taking office last year. The latest numbers from the Bureau of Labor Statistics shows that the U.S. added 390,000 new jobs in May despite fears of a slowing economy. The president says the new numbers reflect a healthy economy. CBS News senior White House and political correspondent Ed O'Keefe has more.
High gas prices throughout the nation are turning into major speed bumps for summer travel plans. The nation's average price for a gallon of gas is now $4.76 – another new record. Kris Van Cleave reports on the increasing costs of going on a road trip.
A handful of gas stations are charging $7.25 or more for a gallon of gas as fuel prices hit another record.
Nationally, 85% of small businesses experienced financial challenges in the last year, according to the Small Business Credit Survey.
"I think I was wrong then about the path that inflation would take," Treasury Secretary Janet Yellen told CNN.
Americans are continuing to face record high prices as inflation soars at its fastest pace in more than 40 years. Carter Evans spoke to several small business owners who say they are struggling to keep their doors open.
Congress discussing bipartisan gun control bills; Biden looks to curb inflation
What possible actions are on the table for President Biden to address gun violence? CBS News chief White House correspondent Nancy Cordes joins "Red & Blue" to discuss this, plus rising inflation and record-high gas prices.
The major stock indexes ended Tuesday with losses after ping-ponging throughout the day. Geetu Sharma, the founder and investment manager of AlphasFuture LLC, joins CBS News during the closing bell on Wall Street to discuss what was driving the market and what to expect in June.
The U.S. is struggling with some of its highest levels of inflation in four decades. Heather Boushey, who is on the White House’s Council of Economic Advisers, joins CBS News to discuss the Biden Administration’s plans to address its new top economic priority, inflation.
President Biden is meeting Tuesday with Federal Reserve Chair Jerome Powell. The president says the Fed has the primary responsibility to control inflation and he will refrain from meddling in its process. Washington Post economic columnist Heather Long discusses what this could entail and how Americans worried about a possible recession can prepare.
Funerals held for Uvalde victims; Federal Reserve looks to tackle inflation.
Investors retreat as global crude prices jump on European Union plan to embargo most Russian oil exports.
Americans have been facing rapidly increasing prices at the gas station and grocery store and in the housing market. President Biden is expected to address this during a meeting with Federal Reserve Chairman Jerome Powell on Tuesday. Frances Stacy, director of strategy at Optimal Capital, joined "CBS News Mornings" to discuss what's contributing to high inflation.
National average gas prices reached a new record high on Memorial Day at over $4.61 per gallon. In order to budget for higher prices at the pump, many Americans are cutting back on other spending. Bank of America Institute's senior economist David Tinsley explains the relationship between gas prices and consumer spending and which groups are making the biggest cutbacks.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."
The woman boarded Delta Flight No. 264 from John F. Kennedy International Airport to Paris Charles de Gaulle Airport, CBS News learned. She was discovered while the plane was in midair and was taken into custody in Paris.
A November 2023 survey from the Pew Research Center found that 72% of people think tipping is expected in more places than it was five years ago.
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
The woman boarded Delta Flight No. 264 from John F. Kennedy International Airport to Paris Charles de Gaulle Airport, CBS News learned. She was discovered while the plane was in midair and was taken into custody in Paris.
Before temperatures dip to single digits, the cranberry bogs at the Lee Brothers Cranberry Farm will have to be flooded to keep the fragile buds from drying out.
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
A November 2023 survey from the Pew Research Center found that 72% of people think tipping is expected in more places than it was five years ago.
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say.
Consumers are expected to open their wallets this holiday season, with these children's toys high on the list.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Former Sen. Bob Menendez, a Democrat from New Jersey, was convicted of 16 felony counts in July.
Keith Kellogg, a retired lieutenant general, served as national security adviser to former Vice President Mike Pence.
President Biden has been briefed on the incidents and "unequivocally" condemns threats of political violence, the White House said.
Can cats and dogs eat turkey and other Thanksgiving foods? Here's what experts say about what is safe and not.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
If you're looking forward to a delicious — and safe — Thanksgiving dinner with loved ones, here's how to cook your turkey and keep your leftovers safely.
A federal panel has been meeting for months to draft recommendations.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Ukraine's Zelenskyy says Russian "tactics of terror" are clear with the latest massive attack on energy infrastructure as temperatures plummet.
The woman boarded Delta Flight No. 264 from John F. Kennedy International Airport to Paris Charles de Gaulle Airport, CBS News learned. She was discovered while the plane was in midair and was taken into custody in Paris.
Keith Kellogg, a retired lieutenant general, served as national security adviser to former Vice President Mike Pence.
Police in the Balkans arrested 11 alleged members of a criminal syndicate responsible for smuggling cocaine from South America to Europe, officials said.
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Members of the iconic band, the Grateful Dead, reflected on the impact bandmate Phil Lesh had on their lives and said they had hoped to play together again.
Iconic band The Grateful Dead, is remembering one of the band's original members, Phil Lesh, who died in October at 84 years old. The surviving original members of the band credit Lesh for the impact he made in each of their lives and revealed they were hoping to play together one more time.
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.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Australia's House of Representatives has passed a bill that would ban children under the age of 16 from using most social media platforms.
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.
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.
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Negotiators are far apart as the United Nations tries to work out the world's first treaty to curb plastic pollution. Issues creating roadblocks include limiting new manufacturing of plastic and the potential phasing out of some chemicals. For more on the talks, CBS News was joined by Erin Simon, vice president and head of plastic waste and business for the World Wildlife Fund in the U.S.
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
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.
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Police in the Balkans arrested 11 alleged members of a criminal syndicate responsible for smuggling cocaine from South America to Europe, officials said.
Daniel Andreas San Diego, a suspect in in two 2003 northern California bombings, was arrested in the U.K. this week. San Diego, who had been one of the FBI's most wanted terror suspects, now faces extradition.
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
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.
Scrim the rescue dog has become a familiar sight to some in New Orleans, as his face has been plastered on missing posters more than once. The well-known rescue dog has escaped once again, but recent sightings give people hope he'll be home again soon. Kati Weis has the story.
The FBI is investigating multiple threats made against some of President-elect Donald Trump's administration picks like Susie Wiles, Pam Bondi, Howard Lutnick and others. CBS News political reporter Libby Cathey has more on the attacks and the Trump transition.
Sean "Diddy" Combs will not get out of jail on bail after a federal judge denied his latest request Wednesday.
The fighting between Israeli forces and the Iran-backed militant group Hezbollah forced over a million people to leave their homes. Some began returning to Southern Lebanon on Wednesday. CBS News foreign correspondent Debora Patta reports.
Something is in the air in New York City --it's the Macy's Thanksgiving Day Parade balloons! CBS News New York reporter Alecia Reid has more on the characters to expect and what's behind the fun display.