CBS News

Bank of America CEO Brian Moynihan said higher oil and gas prices are likely to keep inflation elevated into 2027 and 2028, and the bank expects the Federal Reserve to raise interest rates later this year. “This type of inflation takes a long time to squeeze out of the system,” Moynihan said in an interview with CBS News' Margaret Brennan on July 16.

Bank of America CEO Brian Moynihan said the bank estimates the FIFA World Cup has generated about $20 billion in economic activity in the U.S. In an interview with CBS News' Margaret Brennan on July 16, Moynihan also said that he was “absolutely not” surprised by the turnout or spending despite high ticket prices.

NEW PODCAST: Healthful with Norah O’Donnell is the podcast that puts women’s health first. Norah O'Donnell brings you the doctors, the scientists and the innovators who are at the forefront of reproductive health, menopause, cancer and more. Forget miracle cures, vague advice and fear-mongering and get real information you can actually use. And yes, Norah will divulge her own wellness secrets (blueberries and Botox among them). Listen every Wednesday from July 22nd wherever you get your podcasts. Subscribe on YouTube now and never miss an episode: https:// cbsn.ws/4gzeJ2V

NEW PODCAST: Healthful with Norah O’Donnell is the podcast that puts women’s health first. Norah O'Donnell brings you the doctors, the scientists and the innovators who are at the forefront of reproductive health, menopause, cancer and more. Forget miracle cures, vague advice and fear-mongering and get real information you can actually use. And yes, Norah will divulge her own wellness secrets (blueberries and Botox among them). Listen every Wednesday from July 22nd wherever you get your podcasts. Subscribe on YouTube now and never miss an episode: https:// cbsn.ws/4gzeJ2V

Today’s job market is filled with uncertainty, with hiring rates nearly 5% lower than a year ago, according to a LinkedIn report. LinkedIn career expert Catherine Fisher shares advice for job seekers who may feel stuck: “Focus on being the right fit, that’s your key.”

When firefighters found a dog left at their station with a note pleading, “Please help my baby,” they set out to find the owner. What happened next proved that sometimes the hardest act of love can lead to the happiest ending. Steve Hartman is On the Road in Texas.

Third-grade teacher Neil Lahammer goes above and beyond for his students, teaching them about kindness and character, and this year, he was named Kindness 101 Teacher of the Year. Steve Hartman is On the Road in Red Wing, Minnesota.

With nearly 2 million Americans unemployed for more than six months, LinkedIn career expert Catherine Fisher breaks down common career myths and how to stand out. She says simply putting your head down and working hard isn’t enough, stressing that visibility matters and that remote workers may need to overcommunicate and regularly share their wins.

A 10-year-old boy who once arrived at the hospital alone for heart surgery is now celebrating his birthday surrounded by family after the doctor who cared for him stepped in to change his life. Steve Hartman is On the Road in Omaha, Nebraska.

An 81-year-old volunteer at a Wisconsin cat sanctuary became an unlikely internet star simply by falling asleep. Now, his “catnaps” have helped transform the nonprofit. Steve Hartman is On the Road.