Inflation topped 4% in May as CPI surged to its highest level in more than 3 years
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
MoneyWatch
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Here's the retirement challenge nobody talks about
Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.
Social Security's insolvency date is projected for end of 2032
The report offers a fresh look at the finances of a program that provides benefits to more than 70 million Americans.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Meta launches program to train workers for data center jobs
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
A bidding war is underway for the world's oldest bank
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
May inflation likely topped 4% for first time in 3 years, economists say
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
Pentagon adds Alibaba, others to list of sanctioned Chinese companies
The Pentagon has added several prominent Chinese businesses, including tech giant Alibaba, to its list of Chinese military companies, keeping them from getting U.S. defense contracts.
Stellantis recalls more than 1 million Jeeps in U.S. it says could catch fire
Stellantis is recalling almost 1.08 million Jeep Wranglers and Gladiators in the U.S. that could catch fire even when they're parked and turned off, federal regulators say.
Managing Your Money
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How much of your Social Security can a student loan default take?
Your Social Security check isn't fully shielded from old federal student loans. Here's how much is at risk.
Inflation just increased again. Here's what that could mean for mortgage interest rates.
Inflation just jumped to its highest point since April 2023. Here's what that may mean for mortgage interest rates.
How much interest can a $200,000 CD account earn now?
Moving $200,000 out of your retirement account into a CD may make sense now. Here's how much interest you can 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
Here's the retirement challenge nobody talks about
Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.
Social Security checks could be cut by $500 a month in 2032, report finds
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
These are retirees' 5 biggest financial fears
Retirees say inflation, health care costs and market volatility are threatening their financial security.
Work
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
Working remotely can hurt people's mental health, research finds
Although working remotely offers flexibility, it also takes a toll on people's mental health, experts said.
The main reason some young college grads are struggling to find work
Economists at the New York Federal Reserve say they've identified the main reason some recent college grads are having trouble landing a job.
U.S.
More U.S.
Oversight chair working to have Blanche testify in Epstein probe
House Oversight and Reform Committee Chairman James Comer said he wants Acting Attorney General Todd Blanche to appear before lawmakers in July.
Alabama nitrogen gas executions are cruel and unusual punishment, judge says
A federal judge banned Alabama from executing an inmate by nitrogen hypoxia, calling the method unconstitutionally cruel.
Inflation topped 4% in May as CPI surged to highest level in 3 years
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
Woman detained after American diplomat found dead in Myanmar
Police are treating the case as a possible homicide and have a Thai woman in custody, sources told The Associated Press.
Bill Gates appearing before House committee investigating Epstein
Microsoft co-founder Bill Gates is sitting for a transcribed interview as revelations about his relationship with Epstein have rocked his philanthropic foundation.
MoneyWatch
More MoneyWatch
Inflation topped 4% in May as CPI surged to highest level in 3 years
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
May inflation likely topped 4% for first time in 3 years, economists say
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
Here's the retirement challenge nobody talks about
Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.
A bidding war is underway for the world's oldest bank
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
Social Security's insolvency date is projected for end of 2032
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
Politics
More Politics
Oversight chair working to have Blanche testify in Epstein probe
House Oversight and Reform Committee Chairman James Comer said he wants Acting Attorney General Todd Blanche to appear before lawmakers in July.
Bill Gates appearing before House committee investigating Epstein
Microsoft co-founder Bill Gates is sitting for a transcribed interview as revelations about his relationship with Epstein have rocked his philanthropic foundation.
Nevada GOP Gov. Lombardo projected to face Democrat Ford in highly competitive race
Democrats are aiming to unseat Nevada GOP Gov. Joe Lombardo in one of the country's most tightly contested gubernatorial contests this year.
Michigan court overturns man's conviction in plot to kidnap Gov. Whitmer
In a 3-0 ruling, the Michigan Court of Appeals on Tuesday overturned a conviction against a man in connection with the 2020 plot to kidnap Gov. Gretchen Whitmer.
Graham Platner to win Maine Democratic Senate primary and face Sen. Susan Collins
The primary victories set up a race that could be key to Democrats' hopes of winning control of the Senate.
HealthWatch
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HealthWatch
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
New sunscreen option wins FDA approval after years of delay
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
World
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Everest survivor out of intensive care: "I thought I would perish"
Left stranded in freezing temperatures near Everest's "death zone," the climber said he survived for days with almost no food or water.
"We're here to stay," says Israeli man risking bombs to sell burgers
Israeli restaurateur Yehezkel Schweiger tells CBS News why he's willing to brave daily Hezbollah attacks to bring customers a bit of joy.
Taliban says Pakistani airstrikes killed at least 13 in Afghanistan
Pakistan says it killed 26 militants in "precise and calibrated" strikes, but Afghanistan's Taliban rulers claim 11 children and a woman are among the dead.
Woman detained after American diplomat found dead in Myanmar
Police are treating the case as a possible homicide and have a Thai woman in custody, sources told The Associated Press.
Live
Trump says Iran must "pay the price" as war appears to reignite
The U.S.-Iran ceasefire appears to crumble as Trump says he's considering new strikes and Tehran will "pay the price" for not accepting a deal.
Entertainment
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Entertainment
Amazon's best books of the year so far
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to reveal Amazon's best books of the year so far and why they made the list.
Pope Leo met with Bad Bunny in Spain
Pope Leo XIV met with music superstar Bad Bunny in Spain as the pontiff continues his multi-city tour. CBS News' Chris Livesay reports.
Taylor Swift wedding fuels prediction markets
Bettors have wagered millions of dollars on platforms like Polymarket and Kalshi as rumors swirl surrounding the wedding of Taylor Swift and Travis Kelce. Jo Ling Kent has more.
Broadway stars at the Tony Awards
Hollywood stars like Daniel Radcliffe and Rachel Dratch took to the stage this Broadway season. CBS News' Taylor Masi spoke with some of the stars at the 2026 Tony Awards.
Logan Marshall-Green on "Killing Castro"
"Marshals" actor Logan Marshall-Green joins CBS News 24/7 Mornings to discuss his recent work on "The Odyssey," "Boiúna: Legend of the Amazon" and "Killing Castro."
Technology
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Technology
OpenAI announces plan to go public
Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to discuss.
Meta launches program to train workers for data center jobs
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
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.
New Apple features to keep kids safe
Apple is rolling out an update with new parental controls to help navigate screen time and keep kids safe. Jo Ling Kent explains the changes.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Science
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NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Crime
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Crime
Pilot accused of flying without valid license
An Air Canada pilot is accused of flying 900 flights over 17 years without a proper license. The man used false documents after being promoted to captain in 2009 until his retirement last year, authorities said. He did have a valid commercial pilot license, but never got the license required to act as a captain.
Bill Gates testifying on ties to Epstein
Microsoft co-founder Bill Gates is expected to testify before members of the House Oversight Committee in a closed-door interview to discuss his ties to convicted sex offender Jeffrey Epstein. CBS News' Taurean Small reports.
Man convicted of fatal stabbing at track meet
A jury in Texas found 19-year-old Karmelo Anthony guilty of murder in a fatal stabbing of a fellow high school athlete. Jonah Kaplan reports.
Pilot allegedly flew 900 flights without valid license: "Like a movie script"
"This is similar to a doctor that is licensed to practice family medicine but is doing brain surgery in their office," police said.
Mass shooting by multiple attackers leaves at least dozen dead in South Africa
Multiple attackers killed at least 12 people and wounded nine others in a late-night mass shooting near South Africa's biggest city, Johannesburg, police say.
Space
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NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
U.S., Iran trade new round of strikes
President Trump said Wednesday on social media that Iran has "taken too long to negotiate a deal" and will "pay the price," as Iran said it launched new attacks on U.S. installations across the Middle East. CBS News' Charlie D'Agata and Olivia Rinaldi have more.
Inflation surges to 4.2% in May CPI report
Household budgets are under increased pressure as new Consumer Price Index data shows inflation rose to 4.2%, the highest level since April 2023. The Federal Reserve will meet later in June to discuss interest rates. CBS News' Kelly O'Grady breaks it down.
Platner to face Collins in Maine Senate race
Democrat Graham Platner will face Republican incumbent Sen. Susan Collins in the 2026 midterm election, CBS News projects after Tuesday's primary. Caitlin Huey-Burns has more.
Amazon's best books of the year so far
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to reveal Amazon's best books of the year so far and why they made the list.
Mirra Andreeva rises to Tennis fame
Mirra Andreeva joins CBS News' Errol Barnett to discuss her rise to fame and her next challenge -- Wimbledon. This comes as Serena Williams returns to the court.