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At least 14 hurt in Chicago shooting; Euro zone inflation hits record high 10.7% in October.
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At least 14 hurt in Chicago shooting; Euro zone inflation hits record high 10.7% in October.
North, South Korea exchange missile tests; Federal Reserve expected to raise interest rates as housing market sees slowdown.
For the first time since early 2021, the U.S. Labor Department says wages are rising at a faster rate than inflation. Compared with early 2021, wages are up about 4% while the Consumer Price Index has increased by about 3%. Amara Omeokwe, economics reporter at The Wall Street Journal, has more.
A centerpiece of President Biden's signature legislation, the Inflation Reduction Act, allows Medicare to negotiate lower prescription drug prices for seniors. Drug companies are fighting back in court, arguing the law violates their first and fifth constitutional rights. Health care attorney Harry Nelson joins CBS News to examine the legal battle.
Poll shows tight race for Nevada's next U.S. senator; recent study shows over half of Americans considered second job due to inflation.
Inflation in Britain reaches 40-year high; Biden to release 15 million barrels from oil reserve.
Never-before-seen video from January 6 shows lawmakers in hiding, seeking help to stop the riot; California serial killer may also be connected to Chicago murders.
White House announces "tentative" railroad deal with union reps; All-female wrestling league returns for new season.
Judge grants Trump's request for special master; American Frances Tiafoe advances at U.S. Open
At least 13 are dead in a school shooting in Central Russia; Interest rate hikes are being used to combat inflation.
Package explodes at Northeastern University; Senate and governor races intensify in key swing state
Democratic challenger chosen for Florida governor's race; Land-value tax could help fix the U.S. housing crisis
Cooling price growth in food, rent and energy mean that workers' pay is finally beating inflation.
Funerals held for Uvalde victims; Federal Reserve looks to tackle inflation.
Biden says inflation is top domestic priority; Interest rates hit homebuyers' wallets
Alabama inmate captured in Indiana; Queen Elizabeth not opening UK Parliament.
Federal Reserve hikes interest rate by 0.5%; Comedian Dave Chappelle attacked on stage
U.S. urges Canada to end trucker protest; Drew Carey opens up about suspicious death of former fiancée
Thousands of people trapped in strategic port city amid Russia advance; How the war in Ukraine is fueling the rise in gas prices in the U.S.
Dozens reported killed as Russia expands assault in western Ukraine; Guest worker visa applications soar amid labor shortage
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
The Labor Department reported Wednesday that the Consumer Price Index dropped to an annual growth rate of 3% in June, the lowest inflation has been since early 2021.
According to a survey by Bankrate, some Americans say they need to earn about $233,000 a year in order to feel financially secure and nearly $483,000 a year to achieve financial freedom. Sarah Foster, an analyst for Bankrate, joined CBS News to talk about the findings.
The most recent inflation data could impact everything from your mortgage to Social Security benefits.
Inflation may be continuing to ease in the U.S., according to new data released Wednesday by the U.S. Bureau of Labor Statistics. Lori Bettinger, president of BancAlliance, joined CBS News to discuss the numbers and what they might mean for future interest rate hikes.
As Israelis come together to mourn those killed two years ago by Hamas, the sounds of the ongoing war in Gaza reverberate over a solemn memorial.
The 2025 government shutdown entered its seventh day on Tuesday as both sides remained locked in their positions, with no sign of relenting. Follow live updates here.
Attorney General Pam Bondi is appearing before the Senate Judiciary Committee on Tuesday for a hearing on oversight of the Justice Department. Follow live updates here.
Former Israeli hostage Ohad Ben Ami tells CBS News that two years after Hamas' rampage, in his mind, he's still underground with the remaining captives.
The Supreme Court is hearing a challenge to a Colorado law banning "conversion therapy" for minors that was brought by a licensed counselor in the state.
One of 2025's three Nobel Prize in Physics winners says the trio's work is "one of the underlying reasons that cellphones work.''
Part of President Trump's deployment of the National Guard to Illinois are 400 members of the Texas National Guard, a move a former Illinois National Guard commander said he has "never seen before."
Airports in several U.S. states are seeing flight delays as the government shutdown enters a second week.
Officials are investigating after a medical helicopter crashed on a Sacramento freeway Monday evening.