The job market is much stronger than economists expected. Why?
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
MoneyWatch
Latest News
Employers added 172,000 jobs in May, blowing past expectations
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
The U.S. is minting more millionaires than ever. Here's why.
A stock market boom is elevating more Americans into the ranks of the nation's millionaires, a new study finds.
Second Facebook privacy settlement payment is coming soon
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
Trump plans $700 million investment in new coal plants and terminal
The money is expected to fund new and existing coal plants, as well as an export terminal in California.
Meta is selling $3.99 monthly subscriptions for Instagram Plus
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
SpaceX plans record stock market debut that could make Elon Musk a trillionaire
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
Upcoming billing change could make pregnancy pricier
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
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.
Managing Your Money
More
Here are 3 places to earn 4% on your money starting this June
Want to boost your savings with a high-rate account right now? Here are three ways you can do that this month.
3 homebuying advantages to consider this June
Mortgage interest rates may not be ideal, but there are still advantages to buying a home this June. Here are three.
Does receiving Social Security benefits make you judgment-proof?
Federal law shields your benefits from most creditors, but being judgment-proof has real limits worth knowing.
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
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.
Here's how AI can help with retirement planning, and where it struggles
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Work
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.
Is the teen summer job a thing of the past?
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
EEOC sues New York Times, alleging bias against White male worker
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
U.S.
More U.S.
Young applicants discuss the challenges of today's job search
With the unemployment rate for young workers about twice as high as the national average, "Sunday Morning" talks with recent graduates from across the country about how AI is affecting both their prospects and the hiring process itself.
5 taken to the hospital after strong winds at NCAA tournament
Video from the storm showed rain and wind that reached speeds of 40 mph tearing up a tent, with one person flying through the air while trying to hold it down as another person rolls uncontrollably down a hill.
Ex-boyfriend and fiancée behind fatal stabbing, shooting of Texas mom
What appeared to be an open-and-shut case for Texas investigators turned out to be a twisted murder plot involving victim Alyssa Beard's ex-boyfriend Andrew Beard and his fiancée Holly Elkins – who detectives say was the mastermind.
At least 12 people wounded in shooting near festival in Toledo, Ohio
Police in Toledo, Ohio, reported that there were believed to be at least two shooters. No suspects have been arrested.
Golden Tempo wins the Belmont Stakes after also taking the Kentucky Derby
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
MoneyWatch
More MoneyWatch
Young applicants discuss the challenges of today's job search
With the unemployment rate for young workers about twice as high as the national average, "Sunday Morning" talks with recent graduates from across the country about how AI is affecting both their prospects and the hiring process itself.
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
The job market is much stronger than economists expected. Why?
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
Second Facebook privacy settlement payment is coming soon
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
Employers added 172,000 jobs in May, surging past expectations
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Politics
More Politics
Transcript: Rep. Don Bacon on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
Transcript: Rep. Ro Khanna on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rep. Ro Khanna, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
Himes says Pulte in intelligence role is Trump's "worst and most dangerous" appointment
The top Democrat on the House Intelligence Committee said the timing of the appointment takes FISA Section 702 reauthorization "off the table."
Transcript: Rep. Jim Himes on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
Transcript: Rye Barcott on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rye Barcott, a Marine veteran and With Honor founder, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
HealthWatch
More HealthWatch
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.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a treatment for diabetes, GLP-1 drugs have been found also to help patients significantly reduce weight. More than 30 million people in the U.S. have had their lives changed by GLP-1 medications. But there have also been troubling side effects reported. Correspondent Tracy Smith talks with experts who say the drugs might prove useful in treating other diseases associated with obesity (including cancer); and with patients who have taken GLP-1 drugs and experienced widely varying reactions.
A breakthrough for Type 1 diabetes treatment
A medical breakthrough is showing promise for millions of Americans with Type 1 diabetes. It's an alternative to taking insulin without the injections. Mark Strassmann has more details.
U.S. doctor with Ebola recovers from deadly virus, German hospital says
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
Veteran runs to fight "life-changing disease" after minor symptoms
Dr. Sara Whittingham thought she would know if something was wrong. But her minor symptoms had a surprising cause.
World
More World
Transcript: Rep. Don Bacon on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
Transcript: Rep. Ro Khanna on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rep. Ro Khanna, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
Transcript: Rep. Jim Himes on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
Russian strikes kill 3, damage nuclear fuel storage site near Chernobyl
Russian drone strikes killed three people at a bus stop in southeastern Ukraine and damaged a nuclear storage site near Chernobyl, officials said.
Transcript: Rye Barcott on "Face the Nation with Margaret Brennan," June 7, 2026
The following is the transcript of the interview with Rye Barcott, a Marine veteran and With Honor founder, that aired on "Face the Nation with Margaret Brennan" on June 7, 2026.
Entertainment
More Entertainment
Entertainment
6/7: Sunday Morning
Hosted by Jane Pauley: Featured: The Tony-nominated musical "Ragtime"; Steven Spielberg on "Disclosure Day"; GLP-1 medications; college grads' job search woes; a tour of the Sagrada Família in Barcelona; an exhibit of Queen Elizabeth II's fashion; and a honey sommelier.
The fashion of Queen Elizabeth II
During her lifetime, and her 70-year reign as Britain's monarch, Queen Elizabeth II's wardrobe was as important diplomatically as any speech she gave. A new exhibition on view at Buckingham Palace in London, "Queen Elizabeth II: Her Life in Style," is the most comprehensive look at her wardrobe, covering every decade of her life. Correspondent Alina Cho pays a visit, and also talks with fashion designer Erdem Moralioglu about how the Queen inspired his work.
"Disclosure Day" director Steven Spielberg on alien visitations
As a child, Steven Spielberg stared at a meteor shower and began his love affair with the sky. The director of the 1977 classic "Close Encounters of the Third Kind" returns with "Disclosure Day," which imagines closely-held secrets surrounding alien visitations.
Extended interview: Steven Spielberg
In this web exclusive, director Steven Spielberg talks with Turner Classic Movies host Ben Mankiewicz about his latest film, "Disclosure Day," and the science fiction influences on his work. He also discusses his beliefs about alien civilizations, given his depictions of extra-terrestrial life in some of his most popular movies.
Steven Spielberg on "Disclosure Day" and alien visitations
As a child, Steven Spielberg stared at a meteor shower on a wondrous starry night and began his love affair with the sky. The director of the classic "Close Encounters of the Third Kind" and "E.T.: The Extra-Terrestrial" has returned to the sci-fi genre with "Disclosure Day," which imagines closely-held secrets surrounding alien visitations. He talks with Turner Classic Movies host Ben Mankiewicz about UAP/UFO phenomena, the paranormal, and his own beliefs regarding intelligent life beyond Earth.
Technology
More Technology
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Anthropic on global pause on AI development
Anthropic is urging a pause in AI development amid growing concerns about future risks, though some experts question the company's motives. Vicky Ge Huang, a reporter for The Wall Street Journal, joins CBS News with more details.
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.
Alarm over computer "worms" created with AI
Experts are warning about computer "worms" created with AI that can infect devices and harm users without restraint. University of Toronto professor Nicolas Papernot joins with more.
New details on SpaceX IPO plans
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
Science
More Science
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.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Crime
More Crime
Crime
The Plot to Eliminate Alyssa Burkett
A toxic couple orchestrates an elaborate plan to kill a mother. "48 Hours" correspondent Peter Van Sant reports.
Ex-boyfriend and fiancée behind fatal stabbing, shooting of Texas mom
What appeared to be an open-and-shut case for Texas investigators turned out to be a twisted murder plot involving victim Alyssa Beard's ex-boyfriend Andrew Beard and his fiancée Holly Elkins – who detectives say was the mastermind.
Police give update on shooting near festival
At least 12 people were wounded in a shooting near the Old West End Festival in Toledo, Ohio, officials said Saturday. The Toledo Police Department gave a press briefing on the incident.
L.A. police chase ends in deadly shooting
The freeways of Los Angeles saw two big police pursuits on Friday. The first chase ended when authorities reported that a robbery suspect was shot and killed on the busy 405 Freeway during morning rush hour. In the second incident, an alleged carjacker was taken down by a police K-9 following a meandering three-hour chase. Carter Evans has more.
Marine veteran fights off armed attackers
A Marine veteran was working on his truck in front of his home in Oxon Hill, Maryland, this week, when four teens tried to rob him at gunpoint. That is when his military training kicked in. Tom Hanson reports.
Space
More Space
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.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
6/7: Sunday Morning
Hosted by Jane Pauley: Featured: The Tony-nominated musical "Ragtime"; Steven Spielberg on "Disclosure Day"; GLP-1 medications; college grads' job search woes; a tour of the Sagrada Família in Barcelona; an exhibit of Queen Elizabeth II's fashion; and a honey sommelier.
Bacon on Trump endorsement
Republican Rep. Don Bacon of Nebraska told "Face the Nation with Margaret Brennan" that President Trump's decision to endorse Ken Paxton in the Texas runoff for the Senate seat was a "mistake," adding "I think this has hurt the president."
Khanna condemns Platner's actions
Rep. Ro Khanna, who appeared at a rally with Democratic Senate candidate Graham Platner of Maine despite accusations about his past behavior, told "Face the Nation with Margaret Brennan" that Platner's alleged actions were "misogynistic, they were shameful, they were wrong. But they didn't come as a surprise to a lot of folks in Maine."
Himes on Pulte nod
Rep. Jim Himes, the top Democrat of the House Intelligence Committee, told "Face the Nation with Margaret Brennan" that President Trump's decision to tap Bill Putle as the acting Director of National Intelligence is "probably the worst most dangerous" nod of Mr. Trump's "basket of awful appointments."
Open: "Face the Nation," June 7, 2026
This week on "Face the Nation with Margaret Brennan," Reps. Ro Khanna, Don Bacon and Jim Himes join. Plus, a panel on artificial intelligence with cybersecurity expert Chris Krebs, a CBS News contributor, and Ben Buchanan, a former special adviser for AI during the Biden administration.