PPI report shows biggest surge in three years. Here's what that means.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
MoneyWatch
Latest News
As Social Security turns 90, its problems are only mounting with age
As Social Security celebrates its 90th anniversary today, concerns are growing over its funding and recent staffing cuts.
Consumers are skipping their usual fast-food breakfasts. Here's why.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
Costco says it won't sell mifepristone abortion pill
Costco said it won't stock mifepristone after coming under pressure from conservative investors, activists.
AT&T customers eligible for up to $7,500 in a $177 million settlement
AT&T customers whose data was compromised in either of two data breaches, or both, are eligible to file a claim that could provide up to $7,500.
Social Security 2026 cost-of-living adjustment predicted to increase 2.7%
One advocacy group estimates that Social Security recipients will get a 2.7% cost-of-living increase in 2026.
Air Canada to begin cancelling flights Thursday ahead of possible strike
Air Canada says cancelling flights will allow for an orderly shutdown of operations in case of a strike.
CBS News poll finds tipping expectations have grown
A majority of Americans say they feel expectations for tipping have grown in recent years.
New York AG sues Zelle parent company, alleging lack of fraud safeguards
The lawsuit alleges that Early Warning Services, Zelle's parent, failed to implement safeguards, enabling fraudsters to steal more than $1 billion.
Managing Your Money
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Can you add multiple annuities to your retirement portfolio? 3 things to know
Want to diversify your retirement income? Here's what to know before adding multiple annuities to the mix.
HELOCs, home equity loan rates decline again. Should borrowers wait to apply?
The home equity borrowing rate climate cooled again this week. But should homeowners wait for rates to fall further?
How much interest can a $50,000 high-yield savings account earn now?
Savers can easily grow their money with a $50,000 high-yield savings account. Here's how much interest they'd earn.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
What to know about Trump's push to open 401(k) to crypto and private equity
President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.
Trump opens the door for crypto and private equity in your 401(k) plan
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
How the FIRE movement is inspiring early retirees
Nik and Adinah Johnson, who retired in their forties, are part of FIRE (Financial Independence, Retire Early), a movement that looks at work as a means to an end, and where frugality buys freedom from the rat race.
Work
Women making strides at work have one thing in common: a college degree
New research shows a growing divide between women in the workforce who hold a college degree and those who do not.
Recent college graduates face a new obstacle in finding a job: AI
Unemployment is rising among recent college grads as employers turn to artificial intelligence to handle entry-level work.
Layoffs across the U.S. reach highest level since 2020. Here's why.
Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, according to an outplacement firm.
U.S.
More U.S.
Bondi scraps limits on cooperation between D.C. police and immigration agents
The move amounts to a sweeping reversal of "sanctuary" policies in the nation's capital, allowing the Metropolitan Police Department, for the time being, to fully cooperate with federal immigration enforcement.
L.A.'s immigrant community beset by fear as students return to school
Some undocumented mothers in Los Angeles told CBS News they are unwilling to risk sending their children to school at all.
Youngstown, Ohio, revival gains momentum in former steel stronghold
After decades of steel mill closures and population loss, the city of Youngstown, Ohio, is drawing new investment and fostering small businesses.
Judge blocks Trump administration guidance targeting DEI programs in schools
In her ruling, U.S. District Judge Stephanie Gallagher found that the Education Department violated the law when it threatened to cut federal funding from educational institutions that continued with DEI initiatives.
As Social Security turns 90, its problems are only mounting with age
As Social Security celebrates its 90th anniversary today, concerns are growing over its funding and recent staffing cuts.
MoneyWatch
More MoneyWatch
CBS News poll finds tipping expectations have grown
A majority of Americans say they feel expectations for tipping have grown in recent years.
As Social Security turns 90, its problems are only mounting with age
As Social Security celebrates its 90th anniversary today, concerns are growing over its funding and recent staffing cuts.
Costco says it won't sell mifepristone abortion pill
Costco said it won't stock mifepristone after coming under pressure from conservative investors, activists.
PPI report shows biggest surge in three years. Here's what that means.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
AT&T customers eligible for up to $7,500 in a $177 million settlement
AT&T customers whose data was compromised in either of two data breaches, or both, are eligible to file a claim that could provide up to $7,500.
Politics
More Politics
Bondi scraps limits on cooperation between D.C. police and immigration agents
The move amounts to a sweeping reversal of "sanctuary" policies in the nation's capital, allowing the Metropolitan Police Department, for the time being, to fully cooperate with federal immigration enforcement.
CBS News poll finds tipping expectations have grown
A majority of Americans say they feel expectations for tipping have grown in recent years.
Judge blocks Trump administration guidance targeting DEI programs in schools
In her ruling, U.S. District Judge Stephanie Gallagher found that the Education Department violated the law when it threatened to cut federal funding from educational institutions that continued with DEI initiatives.
Unknown powder reported inside 26 Federal Plaza in NYC
The building at 26 Federal Plaza in Lower Manhattan was evacuated on Thursday afternoon following reports of an unknown white powder.
D.C. police chief expands cooperation with immigration enforcement
D.C. police officers will be able to assist federal immigration authorities by sharing information about people not in police custody and by providing some transportation.
HealthWatch
More HealthWatch
HealthWatch
Fake doctors made by AI are tricking viewers
Dr. Celine Gounder joins "CBS Mornings Plus" to discuss how AI-generated deepfakes are impersonating doctors and spreading misinformation online.
Missouri confirms case of rare brain-eating amoeba infection
A person in Missouri has been hospitalized after contracting a brain-eating amoeba, possibly after water skiing in the Lake of the Ozarks, state health officials said Wednesday.
Staffing shortages at VA health systems on the rise, watchdog finds
The VA's Office of Inspector General found facilities reported 4,434 staffing shortages this fiscal year, which is a 50% increase from fiscal year 2024.
Wegmans recalls cheese products due to potential listeria contamination
Wegmans is recalling its brand of medium camembert cheese and products that contain it due to potential listeria contamination, which can lead to serious illness.
A record-low 54% of U.S. adults say they drink alcohol, new poll shows
Gallup has been tracking Americans' drinking behavior since 1939. Here's what a recent survey found.
World
More World
10-year-old becomes youngest female chess player to defeat grandmaster
A 10-year-old chess prodigy from the London area has become the youngest female player to defeat a grandmaster, which is the sport's highest title.
U.S. warships deployed to disputed waters after Chinese ships collided
The U.S. sent two warships to a disputed shoal in the South China Sea, where two Chinese ships recently collided while chasing a boat from the Philippines.
Pilot breaks altitude record for solar-powered plane, team says
The achievement is "one of those unforgettable peaks that define great human and technological adventures," the SolarStratos mission said in a statement.
Israeli official OK's West Bank settlement, says it "buries" Palestinian state idea
Israel's far-right finance minister announced approval of the construction of a contentious settlement in the Israeli-occupied West Bank that he says "buries the idea of a Palestinian state."
U.S. sanctions drug cartel associates accused of scamming Americans
The 13 businesses are accused of working with the Jalisco New Generation Cartel, a group designated by the U.S. government as a foreign terrorist organization.
Entertainment
More Entertainment
9 things Taylor Swift shared about her new album on "New Heights" podcast
Taylor Swift shared several details about her new album, "The Life of a Showgirl," on a special episode of "New Heights," the podcast hosted by her boyfriend, Travis Kelce, and his brother, Jason Kelce.
"And Just Like That" comes to a close
People magazine's Jeremy Helligar joins "CBS Mornings Plus" to preview the final episode of "And Just Like That" and reflect on Carrie Bradshaw's lasting impact on fashion, pop culture and TV history.
Taylor Swift talks new album on podcast
Taylor Swift opened up on the "New Heights" podcast, hosted by her boyfriend Travis Kelce and his brother Jason Kelce, about her relationship with Travis and the moment she bought back ownership of her first six albums. She also revealed her new album "The Life of a Showgirl" will be released on Oct. 3.
Trump announces Kennedy Center honorees
President Trump announced on Wednesday the Kennedy Center honorees: George Strait, Sylvester Stallone, Michael Crawford, Gloria Gaynor and the rock band KISS. The awards ceremony will be held in December.
Gloria Gaynor on her 1978 hit "I Will Survive"
President Trump announced the five newest Kennedy Center honorees, which include Grammy-winning singer Gloria Gaynor. We went back in to the CBS News crate and pulled out a good one — when Jim Axelrod got serenaded by Gaynor.
Technology
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Technology
Ford to invest billions for EV production
From an American automaker's big bet on electric vehicles to an unprecedented arrangement between two tech giants and the federal government, "What the Tech?" explores the top technology and AI stories of this week.
Deepfake videos impersonating real doctors push false medical advice and treatments
AI-generated, deepfake videos that appear to show real physicians are being used to push false medical advice and questionable products.
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.
MIT scientists are developing AI for humanoid robots
MIT professor Daniela Rus explains how AI-powered robots are being trained to safely assist in homes and daily life.
Fake doctors made by AI are tricking viewers
Dr. Celine Gounder joins "CBS Mornings Plus" to discuss how AI-generated deepfakes are impersonating doctors and spreading misinformation online.
Science
More Science
mRNA tech could help fight cancer, but cuts threaten progress, experts say
Federal funding cuts to mRNA technology research doesn't just impact COVID vaccines — experts say it could stall progress in treatment for cancers, rare disease and more.
New species of "deceptively cute" ancient whale found on beach
Scientists have discovered a razor-toothed whale that prowled the seas 26 million years ago, saying the species was "deceptively cute" but a dangerous predator.
Why ASMR is making a lot of noise
ASMR (or autonomous sensory meridian response) is the tingling sensation some people experience from certain sounds or visuals – a "brain massage," in the words of Maria Viktorovna, who's been called the "ASMR queen." Correspondent Faith Salie talks with Viktorovna about her wildly successful "Gentle Whispering" videos, and with physiology professor Craig Richard, who discusses ASMR's physical effects. Salie also visits Whisperwave, New York City's first ASMR spa. [Originally broadcast Dec. 8, 2024.]
Meteorite that ripped through Georgia home's roof is older than Earth
A mysterious fireball blazed across the sky in broad daylight on June 26, sparking hundreds of siting reports in Georgia and South Carolina.
Butterfly populations rapidly declining in Midwest
A new study finds that butterfly populations are rapidly declining in the Midwest. Elise Zipkin, one of the authors of the study, joins "The Daily Report" to discuss.
Crime
More Crime
Crime
Pentagon: 800 National Guard troops in D.C.
The Defense Department says 800 Army and Air National Guardsmen have arrived in Washington, D.C., as part of President Trump's crackdown on crime in the nation's capital. CBS News justice correspondent Scott MacFarlane reports.
U.S. Marshals director on D.C. crackdown
Tensions are rising in Washington, D.C., over checkpoints and how long President Trump's takeover will last. Gady Serralta, director of the U.S. Marshals Service, joins "The Takeout" to discuss.
Feds make 45 arrests in D.C. overnight
Federal checkpoints for seatbelts in Washington, D.C., drew protests from bystanders on Wednesday night amid President Trump's crime crackdown. CBS News Department of Justice reporter Jake Rosen has the latest.
Man accused of killing married hikers in Arkansas pleads not guilty
Andrew James McGann has pleaded not guilty to murder charges after allegedly fatally stabbing two hikers at Devil's Den State Park in Arkansas last month.
U.S. sanctions drug cartel associates accused of scamming Americans
The 13 businesses are accused of working with the Jalisco New Generation Cartel, a group designated by the U.S. government as a foreign terrorist organization.
Space
More Space
Space
New way to detect signs of life on Mars
Scientists have a new way to detect signs of life on Mars through an already-existing instrument called a gas chromatograph-mass spectrometer. Derrick Pitts, the chief astronomer and planetarium director at the Franklin Institute, joins with more.
ULA launches Vulcan rocket on first military mission
ULA's Vulcan is replacing the company's workhorse Atlas 5 rocket and the already-retired Delta 4 family of launchers.
Meteorite that ripped through Georgia home's roof is older than Earth
A mysterious fireball blazed across the sky in broad daylight on June 26, sparking hundreds of siting reports in Georgia and South Carolina.
Space station astronauts return to Earth after 5-month mission
The splashdown off San Diego closed out a 148-day mission for two NASA astronauts, a Japanese flier and a Russian cosmonaut.
4 space station fliers undock, head for Saturday splashdown
Crew 10 is the first NASA-sponsored crew that will land in the Pacific Ocean. All previous NASA Crew Dragon flights ended with splashdowns off the Florida Gulf coast or the Atlantic Ocean.
Latest Galleries
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Summer music heats up 2025
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.
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.
"Son of Sam": A serial killer's reign of terror
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Evidence in the Suzanne Morphew case
Bizarre clues and evidence in the investigation into the Colorado mother's disappearance include a spy pen, plastic needle cap, and a chipmunk alibi.
Attack on Pearl Street Mall in Boulder
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Ford to invest billions for EV production
From an American automaker's big bet on electric vehicles to an unprecedented arrangement between two tech giants and the federal government, "What the Tech?" explores the top technology and AI stories of this week.
Americans Get Honest About Tipping Culture
Tips for restaurant workers are falling, according to data from Square. It's a possible sign that consumer confidence in the economy may be slipping. but could it also reflect a broader shift in how Americans feel about tipping—especially in situations where it wasn't expected before? In this episode of America Unfiltered, CBS News' Anthony Salvanto breaks down new national polling data and hears directly from people across the country to explore how Americans really feel about tipping.
Families worry about ICE as L.A. school starts
With big smiles and colorful backpacks, tens of thousands of students in the Los Angeles Unified School District walked into their first day of class Thursday. But heading into this new academic year, some families say they are living in fear. Nidia Cavazos reports.
Reporter's Notebook: When George W. Bush met Putin
Former President George W. Bush and President Trump share little in their approach to the presidency. But they share a common journey with Russian President Vladimir Putin. "CBS Evening News" co-anchor John Dickerson explains.
Former diplomat breaks down Trump-Putin summit
In the more than three years of fighting in Ukraine, Russia now controls about 20% of Ukraine's eastern territory. Ukrainian President Volodymyr Zelenskyy has repeatedly said the meeting taking place between President Trump and Russian President Vladimir Putin in Anchorage Friday should include no discussion of land swaps to end the war. To help set expectations for the face-to-face, "CBS Evening News" co-anchor John Dickerson talked to Richard Haass, a former diplomat who has worked in several administrations.