A new report from the Bureau of Labor Statistics shows prices for consumer goods rose two-tenths of a percent in July, bringing the annual level to 3.2%. Javier David, managing editor for business and markets for Axios, joined CBS News to go inside the numbers and discuss the possibility of further rate hikes. Source

Fearless Fund CEO Arian Simone joins “CBS Mornings” to respond to a “racial discrimination” lawsuit brought against the venture capital fund by a non-profit group led by a conservative activist. Source

At least 36 people are confirmed dead and dozens were injured in a series of massive wildfires that destroyed towns on the island of Maui. Source

Carlos De Oliveira, the property manager at former President Donald Trump’s South Florida resort of Mar-a-Lago, had his arraignment delayed again to Aug. 15. Source

Taylor Swift’s Eras Tour has shattered records and is projected to generate close to $1.5 billion in ticket sales. The tour has provided a significant boost to local economies, as concertgoers are spending an average of $1,300 per show on tickets, travel, apparel, merchandise, and food. Jericka Duncan reports on the end of the first leg of the groundbreaking tour. Source

Experts are warning climate change and an increase in the frequency of extreme weather events could have devastating effects on global food production. Rod Rejesus, an agricultural economist at North Carolina State University, joined CBS News to discuss some impacts already being felt. Source

Cartoonist Nathan W. Pyle is taking viewers to a distant world not unlike our own. Pyle talks with “CBS Mornings” about his new AppleTV+ series “Strange Planet,” which is based on his hit viral web comic of the same time, and why he thinks his quirky “beings” resonate with humans back on Earth. Source

Back-to-school season is a great time for kids to get an eye exam, doctors say, specially since school screenings can miss kids with vision problems. Source

Getting “1989 (Taylor’s Version)” is no longer going to just be part of your wildest dreams. Source

There are fears the toll will rise. The blaze is one of several that have devastated entire Hawaiian towns, spread at first by winds from distant Hurricane Dora. Source