Inflation falls to level not seen since 2021
Inflation is down to 4.9% - its first time below 5% since 2021. John Leer, chief economist at Morning Consult, joins to discuss how the Federal Reserve could respond.
Jobless Claims
New economic data signals easing inflation
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
April job growth beats expectations
The Labor Department's latest report shows employers added 253,000 jobs in April. Daniel Altman, chief economist at Instawork, breaks down the findings.
April jobs report shows growth
The April jobs report shows unexpected growth in the labor market. CBS News' Errol Barnett and Elaine Quijano are joined by Nela Richardson, chief economist at ADP Research Institute, with her insights on the latest numbers.
Investors react to earnings reports
Stocks closed down slightly on Thursday as investors reacted to mixed earnings reports and new weekly jobless claims numbers. CenterSquare Investment Management senior strategist Uma Moriarity joined CBS news to discuss what the developments mean for investors.
Jobless claims fell but trend is mixed
The latest jobless claims report reveals first-time filings fell by 18,000 to 228,000 for the week ending April 1. CBS News' Errol Barnett and Lana Zak are joined by Axios economics reporter Courtenay Brown with more on the findings.
Fed hints at smaller interest rate hikes
The Federal Reserve hinted it could soon ease up on its aggressive policy on interest rates. Editor-in-chief at The Balance Kristin Myers joins CBS News' Errol Barnett and Nancy Chen for more on what this could mean moving forward.
Unemployment claims rise to 240,000, highest since August
Number of Americans applying for unemployment benefits rose to a 3-month high amid rise in layoffs.
MoneyWatch: Inflation at lowest since January
The annual rate of inflation has hit 7.7%, the lowest level since January. CBS News business analyst Jill Schlesinger joins CBS News' Lana Zak and Errol Barnett on what this means for families who've dealt with high prices for months.
What does jobs report say about economy?
As the unemployment rate rose slightly to 3.7% last month, hiring across the nation continued to remained robust. Jacob Sonenshine, a markets reporter at Barron's, joined Weijia Jiang on CBS News to discuss what the recent jobs report means for the Federal Reserve's monetary tightening.
U.S. economy returned to growth despite inflation
According to a Bureau of Economic Analysis report released Thursday, the U.S. gross domestic product grew at a 2.6% annual rate from July through September. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joined John Dickerson to discuss the latest economic numbers and state of the economy.
Consumer prices climb 8.2%
Consumer prices rose again in September despite the Federal Reserve's attempts to drive down inflation. CBS News' Errol Barnett and Lana Zak speak with Diane Swonk, chief economist at KPMG U.S., about how the latest data could impact the Fed's next rate hike decision.
Layoffs rising as the U.S. economy slows
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
MoneyWatch: Job market, Peleton layoffs
219,000 Americans filed for unemployment benefits this week, but layoffs remain historically low. Meanwhile, Peloton announced another round of layoffs as the company struggles to grow. CBS News' Lana Zak and Errol Barnett speak with John Leer, chief economist at Morning Consult, on what all this says about the economy and the labor market.
Impact of Federal Reserve rate hike
The Federal Reserve raised interest rates again by three-quarters of a percentage point. Lori Bettinger, the president of BancAlliance and former director of the U.S. Treasury Department's troubled asset relief program, explains what the latest increases mean for consumers.
Investors concerned aggressive rate hike could be coming
U.S. jobless claims declined for the third week in a row, according to numbers released by the Labor Department Thursday. However, investors fear it could give the Federal Reserve the opportunity to make another aggressive interest rate hike this month. Marley Kayden, economic journalist and a professor at DePaul University, joined CBS News to discuss the job market and its impact on the stock market.
Jobless claims rise for second straight week
A new report from the Labor Department shows new claims for unemployment benefits rose for a second straight week. Kayla Bruun, an economic analyst at Morning Consult, joined CBS News' Tanya Rivero and Lilia Luciano to discuss the latest numbers.
Jobless claims at 8-month high as layoffs edge higher
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
U.S. jobless claim rise in mid-July
The Department of Labor's weekly unemployment report shows there were 251,000 first time applications filed in the week ending July 16. Senior economic analyst and Washington bureau chief at Bankrate.com, Mark Hamrick, joined CBS News' Anne-Marie Green and Vladimir Duthiers with more on what this means for our economy.
Americans filing jobless claims at highest level in 8 months
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
How to save despite economic uncertainty
CBS News business analyst Jill Schlesinger joined Anne-Marie Green and Vladimir Duthiers to discuss the ongoing recession fears amid a strong job market and offered tips on how to save money despite economic uncertainty.
Hiring remains strong despite Fed interest rate hikes
U.S. employers added 372,000 jobs, the Labor Department reported Friday, greatly surpassing what economists had expected. Akin Oyedele, investing deputy editor for Business Insider, joins Catherine Herridge to discuss what these numbers could mean.
U.S. jobless claims reach 235k, highest in nearly six months
While layoffs remain low, they've risen for five consecutive weeks to reach 235,000 in the week that ended.
New jobless claims recently drop
The latest report from the U.S. Labor Department shows initial jobless claims fell to 229,000 for the week ending in June 18, 2,000 fewer than the previous week. CBS News Moneywatch Reporter Irina Ivanova explains what that indicates about the state of the economy.
Jobless claims down from previous week
According to the U.S. Department of Labor, initial jobless claims fell to 229,000 for the week ending June 18th. That's 2,000 fewer than the previous week. CBS News reporter Sarah Ewall-Wice joined Errol Barnett and Anne-Marie Green to discuss what these numbers mean for the U.S. economy and yesterday's congressional testimony on inflation from Federal Reserve Chair Jerome Powell.
Dow plunges 1,000 points, Nasdaq craters as recession fears batter stocks
Stocks tanked on Monday as investors fret over signs the U.S. economy is slowing and the potential impact of tariffs.
Ontario is tacking on a 25% surcharge to electricity sent to the U.S.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.
Congress faces Friday deadline to fund the government. Here's what to know
Congress is staring down a deadline to fund the government by the end of the week, as the familiar threat of a shutdown looms over Washington.
Tanker and cargo ship collide off U.K., setting both vessels on fire
A port official said he was told the North Sea collision produced "a massive fireball" and the cargo ship's owner said one crew member was missing.
Trump says arrest of Palestinian activist at Columbia first of "many to come"
President Trump warned that the arrest of prominent Palestinian activist Mahmoud Khalil by federal immigration authorities is the first "of many to come."
Senate confirms Lori Chavez-DeRemer as labor secretary in bipartisan vote
Democrats joined Republicans in confirming former GOP Rep. Lori Chavez-DeRemer as President Trump's labor secretary.
More hospitals treating patients at home to reduce overcrowding
There are more than 380 approved hospital-at-home programs in 39 states.
DOGE mischaracterizes a study as transgender, and USDA cancels it
"CANCELLED: $600,000 grant to study 'menstrual cycles in transgender men,'" Agriculture Secretary Brooke Rollins said on X last week. That's not what it was.
Greenland's leader says Trump's threats are fueling mistrust of U.S.
Ahead of Greenland's election, its prime minister says Trump's rhetoric makes residents less inclined to accept his offer "to be a part of" the U.S.
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Texas man accused of violent assault on American Airlines flight to D.C.
The FBI arrested a Texas man, Asterius Rulamka, for allegedly beating one passenger, attempting to strike another, injuring a second passenger and vulgarly berating a flight attendant.
Gabbard says security clearances canceled for top Biden officials and others
The revocations are the latest in a campaign to punish and cut off access to people who the president alleges "weaponized" the nation's court systems against him.
Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
Americans are spending more and more time at home
COVID-19 spurred more Americans to stay home. But this trend didn't start or end with the pandemic, research shows.
Trump says arrest of Palestinian activist at Columbia first of "many to come"
President Trump warned that the arrest of prominent Palestinian activist Mahmoud Khalil by federal immigration authorities is the first "of many to come."
MoneyWatch
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Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
Elon Musk says "massive cyberattack" is causing outages at X
Elon Musk's social media site X wasn't working for thousands of users on Monday, with the billionaire claiming a cyberattack.
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.
Ontario is tacking on a 25% surcharge to electricity sent to the U.S.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.
Retiring on a cruise ship? More Americans are making it a reality
With more than 4 million Americans turning 65 this year, some retirees choose to live on cruise ships instead of in traditional communities.
Politics
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Protests grow over Columbia University pro-Palestinian activist's arrest
A judge is slamming the brakes on the Trump administration's attempt to deport a pro-Palestinian activist who helped lead Columbia University's 2024 student encampment protests.
Gabbard says security clearances canceled for top Biden officials and others
The revocations are the latest in a campaign to punish and cut off access to people who the president alleges "weaponized" the nation's court systems against him.
Trump says arrest of Palestinian activist at Columbia first of "many to come"
President Trump warned that the arrest of prominent Palestinian activist Mahmoud Khalil by federal immigration authorities is the first "of many to come."
Senate confirms Lori Chavez-DeRemer as labor secretary in bipartisan vote
Democrats joined Republicans in confirming former GOP Rep. Lori Chavez-DeRemer as President Trump's labor secretary.
Congress faces Friday deadline to fund the government. Here's what to know
Congress is staring down a deadline to fund the government by the end of the week, as the familiar threat of a shutdown looms over Washington.
HealthWatch
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More hospitals treating patients at home to reduce overcrowding
There are more than 380 approved hospital-at-home programs in 39 states.
Americans are spending more and more time at home
COVID-19 spurred more Americans to stay home. But this trend didn't start or end with the pandemic, research shows.
Gun-violence prevention programs may be caught in federal funding crossfire
Hospital-based violence intervention programs have operated in the U.S. since the mid-1990s, but recent moves by the Trump White House are raising anxiety about the programs' future.
Prince Frederik of Luxembourg dies at 22 from rare mitochondrial disorder
Frederik de Nassau died on March 1, in Paris, a day after internationally recognized Rare Disease Day, which takes place on the last day of February.
Young woman's common infection leads to emergency spinal surgery
Maranda Nyborg's mild symptoms escalated into pain, numbness and a fever that wouldn't go away.
World
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Pope Francis is no longer in imminent danger but he remains hospitalized
In a sign of his improved health, Pope Francis followed the Vatican's weeklong spiritual retreat via videoconference on Monday.
What's behind Trump offering White South African farmers U.S. citizenship?
Trump says he'll offer White South African farmers "safe refuge" as U.S. citizens, but do they actually want it?
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.
Ukraine tries to bolster troops in Kursk as Putin's forces advance
Ukraine tries to reinforce troops in Russia's Kursk region as Putin's forces retake ground amid Trump's aid and intel pause.
Ontario is tacking on a 25% surcharge to electricity sent to the U.S.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.
Entertainment
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Dylan Mulvaney on transition, mental health and life after Bud Light fallout
Dylan Mulvaney opens up about the challenges of living as a trans woman in America, the fall out of the Bud Light campaign backlash and her new memoir.
Robert De Niro on taking dual crime boss roles in "The Alto Knights"
Robert De Niro revealed the dual role, where he portrays both Frank and Vito, required precise positioning and careful coordination.
Robert De Niro on crime boss role in new movie
Robert De Niro talks about his latest movie, "The Alto Knights," where he plays two rival crime bosses.
John Mulaney on "Everybody's Live," sobriety and fatherhood
The Emmy Award-winning comedian and former "SNL" writer became a superstar as a stand-up; now, he's sitting down, as host of a Netflix talk show, "Everybody's Live with John Mulaney."
Extended interview: John Mulaney on his standup persona
In this web exclusive, standup comedian John Mulaney talks with correspondent Tracy Smith about his earliest experience learning about jokes; developing his on-stage persona (and why it involves a suit); why he's happiest writing for other people; and how he approaches his sobriety after having gone through rehab and becoming a father of two children.
Technology
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Big Tech's big bet on nuclear power to fuel artificial intelligence
Faced with the need to cut carbon emissions, and an increasing energy demand to power AI, companies like Microsoft, Google and Amazon are investing in nuclear, from restarting Three Mile Island, to creating "small modular reactors."
Iconic Volkswagen microbus gets electric revival
Today marks 75 years since Volkswagen first began manufacturing its beetle-based "bus." For those of a certain generation, the microbus is one of the most recognizable and beloved vehicles to ever roll down the road. Carter Evans reports that some are charged up about a revival.
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.
Robots build full-scale 3D-printed homes in a day
California company "Azure Printed Homes" wants its 3D printing technology to help speed up the wildfire recovery efforts in the Los Angeles area. Its robots can print full-scale homes in 24 hours. Danya Bacchus reports.
Breaking down the latest space launch mishaps
You may have noticed all the troubling launch and landing mishaps affecting private space missions lately, from two explosions of a SpaceX Starship to lunar landers that can't stay upright. Bill Harwood gives his perspective.
Science
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Athena moon lander ended up on its side, bringing mission to an early end
Intuitive Machines says its Athena lunar lander was unable to recharge its batteries while resting on its side, bringing the moon mission to an early end.
22% of butterflies in U.S. disappeared in 2 decades, study finds
A study, published Thursday in the journal Science, found that 22% of butterflies in the United States disappeared between 2000 and 2020.
Scientists create "woolly mouse"
Scientists at a Dallas-based biotech company has unveiled a genetically engineered woolly mouse that they hope is a step toward eventually bringing back the wooly mammoth. The results haven't yet been published or vetted by independent scientists.
How "asteroid detectives" protect Earth
NASA was recently tracking a large asteroid, known as the "city killer," after finding a small chance of it hitting Earth in 2032. NASA says it "no longer poses a significant threat" in an analysis, but it's not the only space rock astronomers are monitoring. Kris Van Cleave shows how "asteroid detectives" and "planetary defenders" are trying to protect Earth from a potential disaster.
Moon lander from Intuitive Machines touches down, but apparently tips over
Intuitive Machines' Athena moon lander is "alive," but it's not yet known what mission objectives can still be met.
Crime
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Crime
DA opposes Menendez brothers' resentencing
The Los Angeles County district attorney says he will not support the resentencing of the Menendez brothers for the 1989 murders of their parents. District Attorney Nathan Hochman told reporters he made the decision based on what he calls "thirty years of lies" from Lyle and Erik Menendez, and a "failure to take responsibility" for their actions. CBS News correspondent Carter Evans has the latest from Los Angeles.
Exclusive
Texas man accused of violent assault on American Airlines flight to D.C.
The FBI arrested a Texas man, Asterius Rulamka, for allegedly beating one passenger, attempting to strike another, injuring a second passenger and vulgarly berating a flight attendant.
More on Menendez brothers' resentencing
Los Angeles County District Attorney Nathan Hochman says his office is proceeding with the resentencing process for Erik and Lyle Menendez, but has moved to withdraw a motion from the previous DA "in the interest of justice." CBS News Los Angeles has more.
What we know about the alleged hazing death of a Louisiana college student
Caleb Wilson died after being punched in the chest during an alleged off-campus hazing incident in Baton Rouge, police said.
Australia cops say apparent antisemitic terror wave was a "criminal con"
Australian police say a wave of seemingly antisemitic attacks and threats was really a "fabricated terrorist plot, essentially a criminal con job."
Space
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What to know about March's full "Blood Worm Moon," a total lunar eclipse
Viewers across North America will get to enjoy a full Blood Worm Moon during a total lunar eclipse on March 13 into March 14.
Athena moon lander ended up on its side, bringing mission to an early end
Intuitive Machines says its Athena lunar lander was unable to recharge its batteries while resting on its side, bringing the moon mission to an early end.
U.S. spaceplane deorbits after secret mission and lands in California
The U.S. Space Force said in a news release that the craft had "accomplished a range of test and experimentation objectives."
SpaceX test flight fails after launch
A SpaceX rocket broke apart during its eighth test flight that took off from Texas on Thursday. It's the second time something like this has happened this year. CBS News' Mark Strassmann has more on concerns over putting humans back on the moon.
Lunar lander's location unknown
For the second time in less than a week, a lunar lander has touched down on the moon's surface. Houston-based aerospace company "Intuitive Machines" is communicating with its Athena Lander, but the spacecraft does not appear to have landed upright. CBS News space consultant Bill Harwood has more.
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
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.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
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.
Latest CBS News Videos
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L.A. pizzeria owner on wildfire recovery
It's been just over two months since wildfires burned through Los Angeles, killing more than two dozen people and displacing tens of thousands. California officials say they've finished cleaning up nearly all of the toxic debris, but the rebuilding efforts are just getting underway. Kristina Levy, whose Pacific Palisades pizzeria burned down, joins CBS News to share how she's recovering.
Impact of Ontario electric tariff on New York
A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest importer of Canadian electricity. Tim Knauss, reporter for Syracuse.com and The Post-Standard, joins CBS News to discuss how costs could shift for homes and businesses.
Reporter Notebook: Following your curiosity
Science fiction writer Isaac Asimov said, "The most exciting phrase to hear in science, the one that heralds new discoveries, is not 'Eureka!' but 'That's funny...'" John Dickerson explains how this adage came into play when Alexander Graham Bell invented the telephone.
California's wine supply drops 24%
California's wine supply has dropped 24% compared to the year before, according to a new report. It's the lowest haul in nearly 30 years. Elizabeth Cook joins to discuss.
NOAA cuts raising concerns over public safety
Another wave of mass firings could be hitting the National Oceanic and Atmospheric Administration. The agency, which includes the National Weather Service, could ultimately lose about 20% of its staff. Rob Marciano reports.