Impact of downgrade on consumers, investors
Roben Farzad of Bloomberg Businessweek speaks to "The Early Show" anchors about the impact of Standard & Poor's downgrade of U.S. credit on investors and American consumers.
America's Debt Battle
Impact of downgrade on Wall Street
Strategas Chief Investment Strategist Jason Trennert speaks to Anthony Mason about the impact of the rating downgrade on the markets and how investors are preparing for the fallout.
Credit downgrade's impact on America
Jeff Glor speaks with of Fortune Magazine assistant managing editor Leigh Gallagher and Wall Street Journal "Markets" columnist Kelly Evans about what the U.S. credit downgrade might mean for America's future.
Tweeting your way through the debt debate
Sam Youngman of The Hill, David Weigel of Slate.com and Olivier Knox of Agence France Presse used twitter as an outlet during the debt debate, to maintain their sanity. Washington Unplugged takes a look at the funny, raunchy, and outrageous tweets.
Another volatile day on Wall Street
The stock market climbed out of a 160-point hole to barely escape its ninth straight day of losses. Anthony Mason reports on another volatile day on Wall Street.
Obama: Congress can approve FAA funding now
While meeting with his Cabinet Wednesday, President Obama ramped up pressure on Congress to pass funding for the Federal Aviation Administration.
LaHood tells Congress to get back to work
Transportation Secretary Ray LaHood joined White House Press Secretary Jay Carney at briefing Wednesday and scolded Congress for not passing a bill to fund the Federal Aviation Administration.
Dems attack GOP over stalled FAA funding bill
Rep. Steny Hoyer (D-Md.) joined other Democratic leaders Wednesday and pointed blamed at Republicans for holding up funding for the Federal Aviation Administration.
Senators express doubt on deficit super committee
Scott Pelley spoke with Sen. Mark Warner (D-Va.) and Sen. Saxby Chambliss (R-Ga.) on the prospects of a new super committee established to identify trillions of dollars in budget cuts.
Giffords' vote appearance stuns House members
Congresswoman Gabrielle Giffords stunned members of the House of Representatives when she stepped onto the floor for the first time since she was shot in January. Nancy Cordes reports on Giffords' triumphant return.
Jobless may lose benefits at year's end
The nearly four million Americans who've had their jobless benefits extended to the maximum of 99 weeks face losing those benefits at the end of the year, reports Dean Reynolds.
Obama disappointed with debt deal
Though a deal has been made to raise the debt ceiling and the immediate threat of default is over, it's clear that President Obama is disappointed in the outcome. As Norah O'Donnell reports, the president is preparing for round two of this fight.
Economic outlook bleak, Wall Street nosedives
A new report that shows economic recovery may be in trouble sent stock prices plunging. CBS News senior business correspondent Anthony Mason reports on the Dow's worst day in two months.
Did Obama snub Congress in debt speech?
CBS News Chief White House Correspondent Norah O'Donnell asked White House Press Secretary Jay Carney why Obama did not thank Congress in his debt-ceiling compromise speech Tuesday.
Dems: Time to move on, talk about jobs, not debt
Sen. Charles Schumer (D-N.Y.) joined other Democrats for a news conference after the Senate passed the debt-ceiling bill and said it's time to focus on job creation now.
Schieffer: Obama speech delay a "fitting end"
Scott Pelley and Bob Schieffer offer analysis of President Obama's comments following the passage of a debt ceiling agreement in Congress.
Did Obama sign debt bill by hand... or autopen?
In the White House press briefing Tuesday, CBS News' Mark Knoller asked press secretary Jay Carney if the president would sign the deficit bill by hand or by autopen, which Mr. Obama has previously done.
Obama: Congress can focus when time's running out
Shortly after the Senate passed the debt-ceiling bill Tuesday, President Obama said families struggling to make ends meet should compel Congress to compromise, not just a looming economic disaster.
President Obama on debt deal: IN FULL
President Obama full speech on the debt ceiling deal following its passage in both houses of Congress. CBS News' Scott Pelley and Norah O'Donnell report.
Debt deal done, but Pres says cuts, taxes still in play
Less than an hour after the Senate passed a debt limit compromise Tuesday, President Obama said everything's still on the table, including tax increases and social program cuts.
Biden: "Compromise is not a dirty word"
Vice-President Biden sat down with CBS News Evening News anchor Scott Pelley to talk about debt, the long debate and partisan politics. Jeff Glor previews the interview.
Giffords tweets on House return beforehand
Before Rep. Gabrielle Giffords appeared on the House floor, Twitter followers already knew of her return. CNET-TV's Molly Wood reports on how social media sites followed the debt debate.
Giffords' return to Capitol likened to Reagan's
CBS News Congressional correspondent Nancy Cordes reports on Rep. Gabrielle Giffords' (D-Ariz.) memorable return to Congress to vote on the debt ceiling agreement. Then, Erica Hill talks to veteran CBS Newsmen, Bill Plante and Bob Schieffer about other memorable returns.
Wasserman Schultz on Giffords' "fierce" recovery
Fla. Rep. Debbie Wasserman Schultz speaks to Erica Hill about the return to Congress of good friend Ariz. Rep. Gabrielle Giffords and her long road to recovery.
Congress: Behind the scenes of the debt deal
Erica Hill roams the halls of the Capitol and talks to Rep. Raul Grijalva (D-Ariz.) and Sen. Mark Warner (D-Va.) about the debt ceiling deal.
Politics
First on CBS
Abdul El-Sayed's deleted tweets on 9/11 invite scrutiny of past remarks
Michigan Democratic Senate candidate Abdul El-Sayed deleted posts invoking 9/11 and the U.S. response.
House returns with vote expected on Senate bill to prevent shutdown
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 30, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Richard Blumenthal and Rep. John James join Margaret Brennan.
Blumenthal urges House to pass Russia sanctions amid "extreme urgency" in Ukraine
Democratic Sen. Richard Blumenthal of Connecticut urged the House to approve the Senate-passed Russia sanctions bill amid a "moment of extreme urgency" in the war in Ukraine.
Transcript: Rep. John James on "Face the Nation with Margaret Brennan," Aug. 30, 2026
The following is the transcript of the interview with Rep. John James, Republican of Michigan, that aired on "Face the Nation with Margaret Brennan" on Aug. 30, 2026.
Transcript: Sen. Richard Blumenthal on "Face the Nation with Margaret Brennan," Aug. 30, 2026
The following is the transcript of the interview with Sen. Richard Blumenthal, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Aug. 30, 2026.
Exclusive
ICE sends Afghans and others to Africa, expanding "third country" deportations
Over a 10-day period, the Trump administration sent more than 100 deportees from Afghanistan, Cuba and other nations to eight countries across Africa, according to internal government documents obtained by CBS News.
Google updates maps to show "Lake America" in U.S. after Trump order
Google announced that it had begun rolling out changes to how its maps display Lake Ontario's name, after President Trump signed an executive order changing it to "Lake America."
USS Lincoln sails past Singapore after 9-month deployment
Associated Press journalists on the Indonesian island of Batam, across the Singapore Strait, spotted the massive vessel as it transited waters near Singapore just after 1 a.m. local time.
Abdul El-Sayed apologizes for his comments about Michigan synagogue attack
Abdul El-Sayed, the Democratic nominee for U.S. Senate in Michigan, has apologized to the state's Jewish Democratic Caucus.
Trump cannot deport students for criticizing Israel, federal judge rules
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos deported after U.S. immigration arrest, officials say
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
Judge throws out confession by alleged 9/11 mastermind Khalid Sheikh Mohammed
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
Ex-White House teleprompter operator ordered to pay $172,000 for insider bets on Kalshi
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
Trump says U.S. now has control of over 60 billion barrels of Venezuelan oil reserves
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Judge again rejects Trump's bid to erase his New York hush money conviction
A federal judge has again blocked President Trump's bid to erase his hush money conviction in New York.
Trump says he'll visit Pentagon, not NYC, to mark 25 years since 9/11
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
First on CBS
At FBI, history of hiring prostitutes may not be employment barrier
In June, the FBI quietly lowered some of the standards it uses when it conducts background checks on would-be federal agents and other personnel.
Milo Yiannopoulos is in ICE custody facing a final removal order, sources say
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
Trump signs executive order to create a U.S. Space Academy
"Space is the hot thing," President Trump said at the NASA Johnson Space Center in Houston.
U.S.
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John Galliano's Met Gala exhibit canceled amid backlash
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
House returns with vote expected on Senate bill to prevent shutdown
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
Nicolás Maduro shares photos from New York prison: "We are standing firm"
In the two photographs, Venezuela's deposed leader Nicolás Maduro is wearing a gray tracksuit and making peace signs with his hands.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 30, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Richard Blumenthal and Rep. John James join Margaret Brennan.
Blumenthal urges House to pass Russia sanctions amid "extreme urgency" in Ukraine
Democratic Sen. Richard Blumenthal of Connecticut urged the House to approve the Senate-passed Russia sanctions bill amid a "moment of extreme urgency" in the war in Ukraine.
MoneyWatch
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Trump says U.S. now has control of over 60 billion barrels of Venezuelan oil reserves
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Juul can sell updated e-cigarette with age-verification system, FDA says
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Court hands states a win in fight over who regulates prediction markets
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
See which jobs could grow fastest — and slowest — over the next decade
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth pioneered index investing. Here's his advice for investors.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
Politics
More Politics
First on CBS
Abdul El-Sayed's deleted tweets on 9/11 invite scrutiny of past remarks
Michigan Democratic Senate candidate Abdul El-Sayed deleted posts invoking 9/11 and the U.S. response.
House returns with vote expected on Senate bill to prevent shutdown
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 30, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Richard Blumenthal and Rep. John James join Margaret Brennan.
Blumenthal urges House to pass Russia sanctions amid "extreme urgency" in Ukraine
Democratic Sen. Richard Blumenthal of Connecticut urged the House to approve the Senate-passed Russia sanctions bill amid a "moment of extreme urgency" in the war in Ukraine.
Transcript: Rep. John James on "Face the Nation with Margaret Brennan," Aug. 30, 2026
The following is the transcript of the interview with Rep. John James, Republican of Michigan, that aired on "Face the Nation with Margaret Brennan" on Aug. 30, 2026.
HealthWatch
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Man with sinus infection symptoms diagnosed with heart condition
Marc Gaudisosi thought his symptoms were caused by a sinus infection. Then an urgent care told him to go to the hospital.
Juul can sell updated e-cigarette with age-verification system, FDA says
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
2 airport workers die of malaria from mosquito on plane in Germany
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
Cyclospora outbreak tied to 3 more states, FDA says
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
FDA approves new pancreatic cancer drug that could extend patients' lives
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
World
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Spectator calls low stadium flyover a top life moment: "Amazing"
An extremely low flyover above a rugby stadium in South Africa has left many people asking: How low is too low?
Families of those missing after Nepal floods struggle to cling to hope
As the death toll from the Nepal floods surges over 900, some Americans with loved ones among the 4,000 people missing are still hoping for miracles.
Live
U.S. and Iran trade strikes for the first time in a month
Iran says it targeted U.S. bases in Jordan after CENTCOM announced strikes on rocket launchers on an Iranian island in the Strait of Hormuz.
Nicolás Maduro shares photos from New York prison: "We are standing firm"
In the two photographs, Venezuela's deposed leader Nicolás Maduro is wearing a gray tracksuit and making peace signs with his hands.
Transcript: Rep. John James on "Face the Nation with Margaret Brennan," Aug. 30, 2026
The following is the transcript of the interview with Rep. John James, Republican of Michigan, that aired on "Face the Nation with Margaret Brennan" on Aug. 30, 2026.
Entertainment
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John Galliano's Met Gala exhibit canceled amid backlash
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
How to make a proper hoagie
Legend has it that Philadelphians have been living on hoagies since shipyard workers packed them for lunch during World War I. Liberty Kitchen executive chef Beau Neidhardt demonstrates for correspondent Susan Spencer how to construct a giant sandwich, Philadelphia-style. [Original air date: May 17, 2026.]
Jon Favreau on father-son relationships in "Star Wars"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," and director of the big-screen spin-off "The Mandalorian and Grogu," talks with correspondent Tracy Smith about the handmade feel of the "Star Wars" universe, and how father-son relationships have always been at the heart of the stories set in a galaxy far, far away. He also discusses bringing his improv roots to directing Robert Downey Jr. in "Iron Man." [Original air date: May 17, 2026.]
The one and only Dolly Parton: A tribute
"Sunday Morning" looks back at the astonishing career of the queen of country music, whose talent, warmth, wit, and philanthropy made her a genuine, once-in-a-generation luminary.
The one and only Dolly Parton: A tribute
Singer-songwriter Dolly Parton died Aug. 25, 2026 at age 80. Correspondent Lee Cowan looks back at the astonishing career of the queen of country music, whose talent, warmth, wit, and philanthropy made her a genuine, once-in-a-generation luminary – one who will be sorely missed.
Technology
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Technology
Adobe construction: What's old is new again
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques. [Original air date: May 17, 2026.]
Latest on Meta's social media settlement
Tech giant Meta settled a series of multistate social media addiction lawsuits, agreeing to pay out up to $17 billion. In addition, Meta will roll out some changes to its portfolio of social media apps, including Instagram, Facebook and others.
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.
Younger workers are more scared of AI than older employees, survey finds
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
OpenAI, Anthropic warn AI cyberattacks could surge in coming months
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
Science
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Science
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
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Crime
Day 3 of Clancy trial jury deliberations
Jury deliberations in the Lindsay Clancy murder trial have entered a third day. CBS News' Shanelle Kaul reports.
Man poses as NFL player in alleged scam
Daejon Love is a 35-year-old man who posed as an NFL player on dating apps. Now he's accused of scamming unsuspecting victims out of millions of dollars. Tom Hanson reports.
2 dead, 8 wounded in Trenton shooting, prosecutor says
Two people died and eight others were hurt in a shooting on Locust Street in Trenton early Sunday morning, officials say.
At least 1 killed, 5 injured in shooting at rave in Switzerland
Local police said early Sunday a manhunt was underway and the motives were still unclear.
A wife is accused of her husband's murder. Can she clear her name?
Alison Davis says she woke up to find her husband, Kevin Davis, face down in a pool of blood inside their New Haven, Indiana, home. She says he fell down the stairs. But after an autopsy report, police came to a different conclusion.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
Day 3 of Clancy trial jury deliberations
Jury deliberations in the Lindsay Clancy murder trial have entered a third day. CBS News' Shanelle Kaul reports.
Details on Americans missing in Nepal
Virginia Democratic Rep. Suhas Subramanyam says some of his constituents are still missing after the deadly Nepal floods that killed hundreds. Subramanyam joined CBS News with more details.
Man poses as NFL player in alleged scam
Daejon Love is a 35-year-old man who posed as an NFL player on dating apps. Now he's accused of scamming unsuspecting victims out of millions of dollars. Tom Hanson reports.
U.S. deal to control Venezuela oil preserves
President Trump announced a deal to have majority control of more than 60 billion barrels of proven Venezuelan oil reserves. Amy Jaffe, the director of the Global Energy, Climate, and Sustainability Lab at New York University, joins CBS News with more.
Cape Town flyover close call
Two planes flew extremely close to a Cape Town rugby stadium during a flyover, causing concern for some. Kris Van Cleave reports.