SpaceX shares soar following record-breaking $75 billion IPO
SpaceX's stock opened at $150 after making its debut on the Nasdaq exchange on Friday in the biggest ever initial public offering.
MoneyWatch
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Former SpaceX welder expected to become a millionaire after historic IPO
Juan Hernandez, a former SpaceX employee who owns 6,500 company shares, could see his wealth balloon by as much as $880,000.
Elon Musk becomes the world's first trillionaire with SpaceX's IPO
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX's first employee remains on mission: "Space is super important"
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Will SpaceX's blockbuster IPO soar or sputter? Past IPOs offer clues.
Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
FDA authorizes emergency use of drug to fight screwworms in pets
Nitenpyram is the first generic animal drug authorized to treat screwworms in dogs and cats, according to federal regulators.
America's birth rate has plunged. Are smartphones to blame?
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
Managing Your Money
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3 ways Social Security recipients can access home equity now
Tapping home equity can offer more financial flexibility in retirement, but finding the right approach is important.
3 mortgage moves to make before the June Fed meeting
The Federal Reserve is set to meet again on June 16. Here are three mortgage moves borrowers should make before then.
Will a home warranty cover the cost of a central air conditioning unit?
A home warranty helps cover repair or replacement of certain appliances, but does that include a central AC unit?
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.
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Ohio voting rights group facing criminal fraud investigation, sources say
The FBI executed a search warrant at the office of an Ohio-based group known for its voter registration work as part of an ongoing fraud-related investigation, sources told CBS News.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Judge denies last-minute bid to keep Trump's name on Kennedy Center
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
A key spy tool is expiring due to inaction in Congress. Here's what that means
Lawmakers have long sounded the alarm about the risks of letting Section 702 expire. But there's debate over what a lapse in the law actually means.
Judge rejects bid to block UFC event at the White House
A federal judge on Friday rejected a long-shot effort to block the Ultimate Fighting Championship event set to take place at the White House this weekend.
MoneyWatch
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As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Former SpaceX welder becomes a millionaire after historic IPO
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
FDA authorizes emergency use of drug to fight screwworms in pets
Nitenpyram is the first generic animal drug authorized to treat screwworms in dogs and cats, according to federal regulators.
SpaceX stock soars on first day of trading following record-breaking IPO
SpaceX's stock closed the day at $160.95 after making its debut on the Nasdaq exchange.
Politics
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Ohio voting rights group facing criminal fraud investigation, sources say
The FBI executed a search warrant at the office of an Ohio-based group known for its voter registration work as part of an ongoing fraud-related investigation, sources told CBS News.
Judge denies last-minute bid to keep Trump's name on Kennedy Center
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
U.S. military making plans to secure Iran's nuclear materials, sources say
Military planners have discussed contingencies that would involve U.S. forces helping secure Iran's nuclear materials if a deal is reached, according to U.S. officials familiar with knowledge of the ongoing planning.
A key spy tool is expiring due to inaction in Congress. Here's what that means
Lawmakers have long sounded the alarm about the risks of letting Section 702 expire. But there's debate over what a lapse in the law actually means.
Judge rejects bid to block UFC event at the White House
A federal judge on Friday rejected a long-shot effort to block the Ultimate Fighting Championship event set to take place at the White House this weekend.
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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U.S. military making plans to secure Iran's nuclear materials, sources say
Military planners have discussed contingencies that would involve U.S. forces helping secure Iran's nuclear materials if a deal is reached, according to U.S. officials familiar with knowledge of the ongoing planning.
Suspect linked to U.S. consulate shooting on run in Canada, officer killed
A manhunt is underway for an "armed and dangerous" suspect linked to a shooting at the U.S. Consulate in Toronto after an officer was fatally shot.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
Stowaway with 524 pounds of cocaine, gun found on barge in Caribbean
It's the second time this year that authorities detained a stowaway holding a huge stash of drugs in the same harbor.
"Spy turtles" and "spy fish" prowling China's waters, Beijing claims
"An unseen covert war of espionage is currently unfolding" in the waters off China, the country's minister of state security has alleged.
Entertainment
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Entertainment
Shawn Hatosy talks acting on "The Pitt"
Actor Shawn Hatosy went from guest star to Emmy Award-winning fan favorite as Dr. Jack Abbot on the hit medical drama "The Pitt." Dr. Abbot "is very calm in the face of chaos and he can handle anything, but he's struggling, as is Robby, and they have to come together," Hatosy tells "CBS Mornings."
Taylor Swift is youngest woman inducted into Songwriters Hall of Fame
Taylor Swift became the youngest woman ever inducted into the Songwriters Hall of Fame Thursday night, at the age of 36.
KISS on Songwriters Hall of Fame induction
KISS' Paul Stanley says it's an honor to be inducted into the Songwriters Hall of Fame along with his band member Gene Simmons. "This is what the American dream is about," Simmons tells "CBS Mornings."
2026 FIFA World Cup kicks off with 3 opening ceremonies
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
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.
Technology
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As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
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.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Uproar over planned data center near zoo
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
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.
Crime
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Crime
Relative blames parents in cruise killing
Timothy Hudson, 16, has been charged with the death and sexual assault of his stepsister, Anna Kepner, who was on a Carnival cruise ship with her family when she was killed. Hudson's step-grandmother, Sonya Ziske, spoke to CBS News about Kepner's death, blaming parental irresponsibility as a major factor. CBS News' Cristian Benavides reports.
Latest news on Midland, Texas, shooting
Officials provided an update after a mass shooting in Midland, Texas, where at least one person was killed. CBS News' Mugo Odigwe reports.
TX mass shooting suspect dead, officials say
The suspect in a deadly mass shooting in Midland, Texas, is dead, officials say. CBS News' Mugo Odigwe reports.
Witness on Midland, Texas, shooting
A witness who saw victims being brought to a local hospital describes the tense moments after an active shooting in Midland, Texas. CBS News' Mugo Odigwe has more.
11 victims confirmed after Texas shooting
Officials confirmed at least 11 victims after an active shooting in Midland, Texas, on Friday. CBS News Texas' Ken Molestina reports.
Space
More Space
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
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.
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
Judge rules UFC fight can go on
A federal judge has given the go-ahead for a UFC fight to go forward on the South Lawn of the White House on Sunday. At the same time, the Kennedy Center's board is pushing to keep President Trump's name on the building. CBS News' Katrina Kaufman has more.
Inside unconventional SpaceX market debut
SpaceX officially became the world's largest IPO ever on Friday, but the way it got there took a less-than-conventional road. A Politico report drew parallels between Elon Musk's handling of his market debut and President Trump's executive orders. Yasmin Khorram, Politico tech and economic policy reporter, joins CBS News to discuss.
U.S. facing Paraguay in Men's World Cup match
The U.S. Men's National Soccer team will play its first match of the 2026 FIFA World Cup on Friday night, taking on Paraguay in Southern California. CBS News correspondent Nicole Valdes reports from Los Angeles.
Trump taps Jay Clayton as intelligence head
Former Securities and Exchange Commission chairman Jay Clayton has been nominated to be the next director of national intelligence by President Trump. CBS News' Olivia Gazis reports.
Trump picks Jay Clayton as intel czar
Jay Clayton, the former SEC chair, is President Trump's latest nominee for director of national intelligence. Plus, the Pentagon is sued by The New York Times for "Orwellian" press restrictions, and a judge rules that this weekend's UFC fight at the White House may go forward. CBS News legal reporter Katrina Kaufman has the latest.