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Can bishops act and teach against the Pope, or the Pope against the bishops?
Bishops cannot act and teach against the Pope, but only with him. In contrast, the Pope can make decisions in clearly defined cases even without the approval of the bishops.
Of course the Pope in all his decisions is bound by the Church's faith. There is something like a general sense of the faith in the Church, a fundamental conviction in matters of faith that is brought about by the Holy Spirit and present throughout the Church, the Church's "common sense", so to speak, which recognizes "what has always and everywhere been believed by all" (Vincent of Lerins).
Is the Pope really infallible?
Yes. But the Pope speaks infallibly only when he defines a dogma in a solemn ecclesiastical act ("ex cathedra"), in other words, makes an authoritative decision in doctrinal questions of faith and morals. Magisterial decisions of the college of bishops in communion with the Pope also possess an infallible character, for example, decisions of an ecumenical council.
The infallibility of the Pope has nothing to do with his moral integrity or his intelligence. What is infallible is actually the Church, for Jesus promised her the Holy Spirit, who keeps her in the truth and leads her ever deeper into it. When a truth of the faith that has been taken for granted is suddenly denied or misinterpreted, the Church must have one final voice that authoritatively says what is true and what is false. This is the voice of the Pope. As the successor of Peter and the first among the bishops, he has the authority to formulate the disputed truth according to the Church's Tradition of faith in such a way that it is presented to the faithful for all times as something "to be believed with certainty". We say then that the Pope defines a dogma. Therefore such a dogma can never contain something substantially "new". Very rarely is a dogma defined. The last time was in 1950. (YOUCAT questions 142-143)
Dig Deeper: CCC section (883-892) and other references here.
Part 1: The Profession of Faith (26 - 1065)
Section 2: The Profession of the Christian Faith (185 - 1065)
Chapter 3: I Believe in the Holy Spirit (683 - 1065)
Article 9: "I believe in the Holy Catholic Church" (748 - 975)
Paragraph 4: Christ's Faithful — Hierarchy, Laity, Consecrated Life (871 - 945)
I. THE HIERARCHICAL CONSTITUTION OF THE CHURCH ⇡
The episcopal college and its head, the Pope ⇡
When Christ instituted the Twelve, "he constituted [them] in the form of a college or permanent assembly, at the head of which he placed Peter, chosen from among them."398 Just as "by the Lord's institution, St. Peter and the rest of the apostles constitute a single apostolic college, so in like fashion the Roman Pontiff, Peter's successor, and the bishops, the successors of the apostles, are related with and united to one another."399
398.
LG 19; cf. Lk 6:13; Jn 21:15-17.
399.
LG 22; cf. CIC, can. 330.
The Lord made Simon alone, whom he named Peter, the "rock" of his Church. He gave him the keys of his Church and instituted him shepherd of the whole flock.400 "The office of binding and loosing which was given to Peter was also assigned to the college of apostles united to its head."401 This pastoral office of Peter and the other apostles belongs to the Church's very foundation and is continued by the bishops under the primacy of the Pope.
400.
Cf. Mt 16:18-19; Jn 21:15-17.
401.
LG 22 § 2.
The Pope, Bishop of Rome and Peter's successor, "is the perpetual and visible source and foundation of the unity both of the bishops and of the whole company of the faithful."402 "For the Roman Pontiff, by reason of his office as Vicar of Christ, and as pastor of the entire Church has full, supreme, and universal power over the whole Church, a power which he can always exercise unhindered."403
402.
LG 23.
403.
LG 22; cf. CD 2,9.
"The college or body of bishops has no authority unless united with the Roman Pontiff, Peter's successor, as its head." As such, this college has "supreme and full authority over the universal Church; but this power cannot be exercised without the agreement of the Roman Pontiff."404
404.
LG 22; cf. CIC, can 336.
"The college of bishops exercises power over the universal Church in a solemn manner in an ecumenical council."405 But "there never is an ecumenical council which is not confirmed or at least recognized as such by Peter's successor."406
405.
CIC, can. 337 § 1.
406.
LG 22.
"This college, in so far as it is composed of many members, is the expression of the variety and universality of the People of God; and of the unity of the flock of Christ, in so far as it is assembled under one head."407
407.
LG 22.
"The individual bishops are the visible source and foundation of unity in their own particular Churches."408 As such, they "exercise their pastoral office over the portion of the People of God assigned to them,"409 assisted by priests and deacons. But, as a member of the episcopal college, each bishop shares in the concern for all the Churches.410 The bishops exercise this care first "by ruling well their own Churches as portions of the universal Church," and so contributing "to the welfare of the whole Mystical Body, which, from another point of view, is a corporate body of Churches."411 They extend it especially to the poor,412 to those persecuted for the faith, as well as to missionaries who are working throughout the world.
408.
LG 23.
409.
LG 23.
410.
Cf. CD 3.
411.
LG 23.
412.
Cf. Gal 2:10.
Neighboring particular Churches who share the same culture form ecclesiastical provinces or larger groupings called patriarchates or regions.413 The bishops of these groupings can meet in synods or provincial councils. "In a like fashion, the episcopal conferences at the present time are in a position to contribute in many and fruitful ways to the concrete realization of the collegiate spirit."414
413.
Cf. Apostolic Constitutions 34.
414.
LG 23 § 3.
* The teaching office ⇡
Bishops, with priests as co-workers, have as their first task "to preach the Gospel of God to all men," in keeping with the Lord's command.415 They are "heralds of faith, who draw new disciples to Christ; they are authentic teachers" of the apostolic faith "endowed with the authority of Christ."416
415.
PO 4; cf. Mk 16:15.
416.
LG 25.
In order to preserve the Church in the purity of the faith handed on by the apostles, Christ who is the Truth willed to confer on her a share in his own infallibility. By a "supernatural sense of faith" the People of God, under the guidance of the Church's living Magisterium, "unfailingly adheres to this faith."417
417.
LG 12; cf. DV 10.
The mission of the Magisterium is linked to the definitive nature of the covenant established by God with his people in Christ. It is this Magisterium's task to preserve God's people from deviations and defections and to guarantee them the objective possibility of professing the true faith without error. Thus, the pastoral duty of the Magisterium is aimed at seeing to it that the People of God abides in the truth that liberates. To fulfill this service, Christ endowed the Church's shepherds with the charism of infallibility in matters of faith and morals. The exercise of this charism takes several forms:
"The Roman Pontiff, head of the college of bishops, enjoys this infallibility in virtue of his office, when, as supreme pastor and teacher of all the faithful — who confirms his brethren in the faith he proclaims by a definitive act a doctrine pertaining to faith or morals. ... The infallibility promised to the Church is also present in the body of bishops when, together with Peter's successor, they exercise the supreme Magisterium," above all in an Ecumenical Council.418 When the Church through its supreme Magisterium proposes a doctrine "for belief as being divinely revealed,"419 and as the teaching of Christ, the definitions "must be adhered to with the obedience of faith."420 This infallibility extends as far as the deposit of divine Revelation itself.421
418.
LG 25; cf. Vatican Council I:DS 3074.
419.
DV 10 § 2.
420.
LG 25 § 2.
421.
Cf. LG 25.
Divine assistance is also given to the successors of the apostles, teaching in communion with the successor of Peter, and, in a particular way, to the bishop of Rome, pastor of the whole Church, when, without arriving at an infallible definition and without pronouncing in a "definitive manner," they propose in the exercise of the ordinary Magisterium a teaching that leads to better understanding of Revelation in matters of faith and morals. To this ordinary teaching the faithful "are to adhere to it with religious assent"422 which, though distinct from the assent of faith, is nonetheless an extension of it.
422.
LG 25.