S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
MoneyWatch
Latest News
Why Jerome Powell — not Trump — will decide when the Fed chief steps down
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
Allbirds's pivot from footwear to AI sends its shares soaring 600%
The sneaker maker is selling its footwear assets and rebranding as "NewBird AI," betting on booming demand for AI computing power.
It's Tax Day. Here's how big the average tax refund is in 2026.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Chevron executive suggests Americans should drive less amid high gas prices
"People should try to drive less. They should try to conserve energies," Andy Walz told CBS News. "We should be doing that all the time. Energy's essential for people's lives, but we should conserve it."
Most Americans say they pay too much in taxes. Here's what the data shows.
Six in 10 Americans say they pay more than their fair share in taxes, recent polling shows. Only one-third believe they pay the right amount.
Chevron says Venezuelan oil imports are helping curb U.S. gas prices
Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron executive.
7-Eleven plans to close 645 stores this year
The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series of closures.
Managing Your Money
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Should you lock in a mortgage rate before the April Fed meeting?
Locking in a mortgage interest rate prior to the Fed's April meeting could make sense for borrowers. Here's why.
$25,000 CD vs. $25,000 high-yield savings vs. $25,000 money market account: Which earns the most in 2026?
All three accounts offer sizable returns for savers who act now, but which type will earn the most interest in 2026?
Sponsored
3 things taxpayers should know before filing in 2026
Before you file your 2025 tax return, make sure you know the changes that could put more money back in your pocket.
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
Americans expect to work much longer than they would like. Here's why.
Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."
Americans saving less for retirement — that's a "warning sign," experts say.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
$100,000 in Social Security benefits? New proposal would cap them.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Work
More U.S. employees are hugging tight to their jobs. Here's why.
More employees are clinging to their positions in a trend known as "job-hugging." That's making it harder for job-seekers to find work.
College majors with the highest earnings potential and lowest jobless rates
A college degree still provides an edge when it comes to finding a good job, but a person's major may be just as important to career stability, research suggests.
Some job-seekers are paying thousands of dollars just to land an interview
"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.
U.S.
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FIFA chief Infantino says Iran will participate in World Cup "for sure"
FIFA President Gianni Infantino reiterated his stance Wednesday that Iran will participate in the World Cup "for sure" despite its war with the U.S.
Exclusive
Billionaires, dark money fuel questions ahead of 2026 midterms
The ultra-wealthy donor class is getting ready to pour tens of millions into the fall elections that will decide which party will control Congress.
S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
Senate rejects 4th attempt to curb Trump's war powers in Iran
It was the fourth time Democrats in the Senate had forced a vote on the issue since the war began on Feb. 28.
MoneyWatch
More MoneyWatch
S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
Why Jerome Powell — not Trump — will decide when the Fed chief steps down
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
Allbirds's pivot from footwear to AI sends its shares soaring 600%
The sneaker maker is selling its footwear assets and rebranding as "NewBird AI," betting on booming demand for AI computing power.
It's Tax Day. Here's how big the average tax refund is in 2026.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Politics
More Politics
Exclusive
Billionaires, dark money fuel questions ahead of 2026 midterms
The ultra-wealthy donor class is getting ready to pour tens of millions into the fall elections that will decide which party will control Congress.
Senate rejects 4th attempt to curb Trump's war powers in Iran
It was the fourth time Democrats in the Senate had forced a vote on the issue since the war began on Feb. 28.
Why Jerome Powell — not Trump — will decide when the Fed chief steps down
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
Trump aide Sebastian Gorka signals he's interested in top counterterrorism post
Trump national security aide Sebastian Gorka has signaled his interest in becoming the next National Counterterrorism Center director, two U.S. officials said.
House Democrats file articles of impeachment against Hegseth
House Democrats introduced articles of impeachment against Defense Secretary Pete Hegseth, claiming he has "demonstrated a willful disregard for the Constitution."
HealthWatch
More HealthWatch
New federal Medicaid rules require 1 month of work. Some states demand more.
Starting next year, about 18.5 million adults will be subject to new Medicaid work rules in 42 states and Washington, D.C. Some Republican-controlled states want to triple the required work period.
Florida doctor indicted after allegedly removing patient's liver instead of spleen
Dr. Thomas Shaknovsky, 44, was arrested Monday after a two-year investigation by local, state and medical authorities.
Pennsylvania town faces fallout from Trump's environmental rule rollback
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
Fighting for health care claim approvals
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
A teen athlete's headache wouldn't stop. It took a year to find a cure.
Jack Alston was used to migraines, but after two concussions in middle school, he was stuck with a headache that wouldn't go away.
World
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Can Hungary's new leader wean his country off cheap Russian energy?
Hungary's politics have shifted definitively away from Russia and toward Europe, but quitting a cheap Russian energy habit could be painful.
Woman among 4 more Iranians sentenced to death over protests
Bita Hemmati is believed to be the first woman to be sentenced to death over the protests.
U.K. police hunt for 2 suspects in attempted arson attack on synagogue
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
U.S. YouTuber gets 6 months in South Korean prison for offensive stunts
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
Iran claims oil tanker transits Strait of Hormuz amid blockade
Iran's Fars News Agency says a supertanker sailed through international waters and the Strait of Hormuz with its tracking system switched on, "without any concealment."
Entertainment
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Entertainment
Ramy Youssef on new comedy special
Golden Globe-winning actor and comedian Ramy Youssef talks about his new comedy special, "Ramy Youssef: In Love," which tackles topics like AI and religion but through a "lens of love." He explains his inspiration and how he includes personal stories about his family and marriage.
Ronda Rousey on return to MMA
After nearly a decade away from MMA, Ronda Rousey talks to "CBS Mornings" about her return and upcoming fight against another trailblazer, Gina Carano.
Inside the creation of "Front Porch Freestyles"
What started off as a simple way to promote music with some impromptu freestyling back in 2017 has turned into a critically acclaimed series showcasing artists big and small. Photojournalist Parrish Smith met the Washington, D.C., artist and crew behind the increasingly popular musical showcase "Front Porch Freestyles."
"Margo's Got Money Troubles" stars on series
Michelle Pfeiffer and Elle Fanning talk with "CBS Mornings" about starring in the new series "Margo's Got Money Troubles." The two discuss what drew them to the project and their characters, and what it's like to work together again.
Britney Spears voluntarily checks into rehab after California DUI arrest in March
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
Technology
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Technology
Maine lawmakers pass rule on data centers
Lawmakers in Maine passed a temporary ban on new, large data centers in the state this week. If Gov. Janet Mills signs the legislation, the state will become the first to ban data centers. Daniel Kool, a cost-of-living reporter for the Portland Press Herald, joins CBS News to discuss.
Sneaker company Allbirds pivots to AI
Footwear company Allbirds announced Wednesday it will stop making fabric sneakers and become an artificial intelligence company, sending its stock price soaring by more than 600%. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
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 study researches AI and medical questions
A new study found that a substantial amount of medical information provided by five popular artificial intelligence-driven chatbots is inaccurate and incomplete. One of the authors of the study, Nick Tiller joins "The Daily Report" to discuss.
Everyday items born from space exploration
The Artemis II journey around the far side of the moon is a monumental moment for human space exploration, but the mission could also bring back benefits for everyday life here on Earth. Better selfies, comfortable sneakers, basic household appliances and more can all trace their roots straight to NASA. Jarred Hill has a closer look at NASA tech in plain sight.
Science
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First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
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Crime
Mamdani bomb attempt suspects plead not guilty
The men suspected of throwing homemade bombs into a crowd of New York City protesters in March pleaded not guilty to terrorism charges on Wednesday. CBS News' Anna Schecter has the latest.
Suspect in shooting of 7-month-old in court
The suspect accused of fatally shooting a 7-month-old Brooklyn girl is in court Wednesday for arraignment. CBS News New York's Christina Fan has the latest.
U.K. police hunt for 2 suspects in attempted arson attack on synagogue
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
New video shows Oklahoma high school principal tackling gunman
Seconds after a gunman opened fire at an Oklahoma high school, the school's principal was seen racing into the hallway, pushing the suspect onto a bench and holding him down.
U.S. YouTuber gets 6 months in South Korean prison for offensive stunts
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
Space
More Space
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
9 highlights from Artemis II's epic journey around the moon
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
Artemis II crew splashes down to end historic moon mission
NASA's Artemis II astronauts returned to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
How an 8-year-old designed a zero-gravity indicator for Artemis II
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
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.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
More Latest CBS News Videos
Latest CBS News Videos
Typhoon Sinlaku pummels Pacific islands
Typhoon Sinlaku moved through the Pacific Ocean near the Mariana Islands on Tuesday and into Wednesday, bringing flooding and "extremely dangerous hurricane winds," according to the National Weather Service. These videos show the conditions on the ground.
Senate rejects effort to limit Trump's war powers
For the fourth time, the Senate on Wednesday failed to pass a Democrat-led war powers resolution aimed at curbing President Trump's ability to use further military force against Iran. CBS News congressional reporter Taurean Small has the details.
Maine lawmakers pass rule on data centers
Lawmakers in Maine passed a temporary ban on new, large data centers in the state this week. If Gov. Janet Mills signs the legislation, the state will become the first to ban data centers. Daniel Kool, a cost-of-living reporter for the Portland Press Herald, joins CBS News to discuss.
Former State Department official on U.S. blockade
The U.S. Navy blockade of vessels using Iranian ports continues, with the Treasury Department adding sanctions on Wednesday targeting oil smuggling vessels. Edward Fishman, former Russia and Europe sanctions lead at the U.S. State Department, joins "The Takeout" to discuss.
Next stage of Iran war remains unclear
President Trump on Wednesday said the war with Iran could be over soon, repeating a refrain he's made several times in the past few weeks. CBS News chief White House correspondent Nancy Cordes has the latest.