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.
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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.
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.
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.
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.
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.
While meeting with his Cabinet Wednesday, President Obama ramped up pressure on Congress to pass funding for the Federal Aviation Administration.
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.
Rep. Steny Hoyer (D-Md.) joined other Democratic leaders Wednesday and pointed blamed at Republicans for holding up funding for the Federal Aviation Administration.
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.
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.
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.
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.
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.
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.
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.
Scott Pelley and Bob Schieffer offer analysis of President Obama's comments following the passage of a debt ceiling agreement in Congress.
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.
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 full speech on the debt ceiling deal following its passage in both houses of Congress. CBS News' Scott Pelley and Norah O'Donnell report.
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.
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.
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.
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.
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.
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.
Former sheriff Mark Lamb was running against construction business owner Daniel Keenan in Arizona's 5th Congressional District Republican primary.
Trump-endorsed Rep. Andy Biggs will take on Democratic Arizona Gov. Katie Hobbs in November.
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
A federal judge in Texas temporarily barred immigration authorities from deporting one of the witnesses in the fatal ICE shooting of Lorenzo Salgado Araujo in Houston.
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
Roger Rogoff was fired from his role as U.S. attorney in Seattle shortly after judges on the U.S. District Court for the Western District of Washington appointed him to the job.
New Jersey Gov. Mikie Sherrill said a preliminary analysis showed that fewer than 400 of the people registered that way went on to cast ballots.
The Senate Intelligence Committee advanced Jay Clayton's nomination for director of national intelligence, despite opposition from Democrats.
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
Health and Human Services Secretary Robert F. Kennedy Jr. said his agency is pausing $867.5 million in Medicaid payments to California and $199 million to Minnesota.
A state appeals court has set aside convictions for two men involved in a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer.
An appeals court denied former President Joe Biden's attempt to keep the Justice Department from giving a conservative think tank redacted transcripts and audio recordings of conversations with his biographer.
The pilot, Kenneth Jouppi, argues that taking his 1969 Cessna would violate the Eighth Amendment's "Excessive Fines Clause."
Arizona has traditionally been a red state, and six of its nine House representatives are Republicans.
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
The new Air Force One "has a lot of capability, but as I understand it, in about a month or so, they're going to send it to have it be maxed out," President Trump said Sunday.
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
Roger Rogoff was fired from his role as U.S. attorney in Seattle shortly after judges on the U.S. District Court for the Western District of Washington appointed him to the job.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
The lawsuit alleges that Eli Lilly misled consumers by using outdated clinical trial data to make its drugs appear more effective than Novo's.
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
Former sheriff Mark Lamb was running against construction business owner Daniel Keenan in Arizona's 5th Congressional District Republican primary.
Trump-endorsed Rep. Andy Biggs will take on Democratic Arizona Gov. Katie Hobbs in November.
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
A federal judge in Texas temporarily barred immigration authorities from deporting one of the witnesses in the fatal ICE shooting of Lorenzo Salgado Araujo in Houston.
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Health Secretary Robert F. Kennedy Jr. made his first public comment on the growing cyclosporiasis outbreak on Tuesday, declaring it under control and denying that cutbacks to monitoring activities have hurt U.S. food safety. Carter Evans reports.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Melinda French Gates talked about menopause and her philanthropic focus on women's health in the debut episode of Norah O'Donnell's "Healthful" podcast.
Melinda French Gates recalled to Norah O'Donnell on "Healthful" that she started getting perimenopause symptoms in her early 40s. "I kind of couldn't believe it because I just finished having my last child in my late 30s," French Gates said. French Gates added it took three doctors to diagnose her symptoms and to get her the right treatments.
The FDA says Taylor Farms lettuce is still the focus of their ongoing cyclospora investigation, despite a false positive test announced Sunday. Carter Evans reports.
All four daughters share 100 percent of their DNA after a single fertilized egg split into four embryos, making the pregnancy a one-in-15-million occurrence.
Ukraine's President Volodymyr Zelenskyy announced that he will replace the commander-in-chief of the armed forces as a government shakeup continues.
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
Sgt. Michael Emmanuel Swinton, 30, of North Carolina, was "decommissioning ammunition and an accident happened," Secretary of State Marco Rubio said.
Christopher Nolan's "The Odyssey" has made history as the first feature-length film shot entirely on 70mm IMAX cameras. Jay Holben, technical editor for the American Cinematographer, joins CBS News to discuss.
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
Josh Duhamel talks with "CBS Mornings" about starring in "Ransom Canyon," how much he knew about ranch life before the show and his growing family.
Oprah Winfrey announced she's expanding her podcast, "The Oprah Podcast." Starting on Tuesday, two new episodes will drop weekly. She spoke to "CBS Mornings" co-host Gayle King about her decision and revealed more about the guests she's had appear on the podcast.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
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An AI expert said the telltale signs people once relied on, such as distorted fingers, unnatural eyes, or other obvious visual flaws, have largely disappeared as technology has improved.
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 York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
A multi-day hearing began Tuesday in Los Angeles where the singer known as D4vd is facing murder and other felony charges in the death of a teenage girl. CBS News' Gwen Baumgardner and Jessica Levinson have the latest.
A veteran was arrested for allegedly setting off fireworks and starting a fire in front of a Manhattan building that houses several federal offices, including ICE, the FBI says. CBS News' Anna Schecter shares more details.
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Two Greek American tourists were stabbed near the Acropolis in Athens, Greece, police said. CBS News' Anna Coren has more.
More details are emerging about the Army veteran accused of starting a fire outside a federal building in lower Manhattan on Monday. CBS News' Tom Hanson has more.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
While the three astronauts of Apollo 11 received the bulk of the attention for landing on the moon in 1969, 400,000 people worked behind the scenes to make it happen. Randall Pinkston reported on one of those important people back in 2009.
The FDA is still hunting for the source of the cyclosporiasis outbreak after earlier test results proved to be a false positive. Dr. David Acheson, who has more than 40 years of medical and food safety experience, joins CBS News to discuss the issue.
The U.S. launched an 11th consecutive night of strikes against Iran on Tuesday. CBS News' Weijia Jiang reports on Defense Secretary Pete Hegseth's earlier testimony about the Pentagon's request for additional funding. Then, Washington Post national security reporter Noah Robertson joins with analysis.
If a massive solar storm capable of wiping out power grids across the U.S. was headed toward Earth, could there be a way to stop it? A group of scientists are trying to find an answer to that question, proposing the creation of a satellite constellation called a StormWall to help shield the Earth from the impact of a solar storm. Brian Walsh, one of the co-designers of the StormWall, joined CBS News to discuss.
Voters went to the polls Tuesday in Arizona for several key primary races. CBS News' Taurean Small has more.