11/22: Red and Blue
President and first lady celebrate early Thanksgiving; Americans can see highest gas prices in years
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President and first lady celebrate early Thanksgiving; Americans can see highest gas prices in years
Ford president and CEO Jim Farley joins CBS News to discuss the future of electric vehicles and the importance of his company investing in them. He also speaks about how the tentative agreement with railway workers should prevent a costly strike that would have impacted the nation's supply chain.
The tentative agreement between railway companies and its workers is welcome news to farmers who depend on trains to transport their goods. But it's not the only issue in America threatening farmers. Mark McHargue, president of the Nebraska Farm Bureau, joined CBS News to discuss the impact inflation has had on farms across the country.
Gas prices are finally falling, but other expenses like food and rent are still up year over year. Meanwhile, tens of thousands of rail workers could go on strike starting Friday as they battle railroads for fair medical-leave policies which would hurt the supply chain and could drive up prices even more. Ed O'Keefe reports from the White House.
There are encouraging signs that the nation's baby formula shortage may finally be winding down. But many parents are still struggling to feed their children. Meg Oliver reports.
Just as retailers are starting to gear up for the holiday season, there are warnings of a possible nationwide shipping log jam. A shortage of rail workers is causing cargo to pile up once again in America's ports. Carter Evans reports from the port of Los Angeles, a key link in the U.S. supply chain.
Americans are finally seeing relief at the pump. The average price of gas has fallen for more than 50 straight days, and the national average is on the verge of falling below $4 per gallon. Errol Barnett takes a look.
Ukraine is the world's leading producer and exporter of corn, and according to the USDA, Russia and Ukraine combine for more than a quarter of the world's wheat exports. With planting season around the corner, there's a growing concern about additional disruptions to the global food supply. Patrick Thomas, a reporter for the Wall Street Journal covering agriculture business, joined CBS News to discuss.
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
In MoneyWatch, a new survey conducted by Goldman Sachs 10,000 Small Businesses Voices initiative reveals that 79% of small business owners are concerned about the ongoing pandemic while 13% say they have been forced to temporarily close or scale back operations during the pandemic. Joe Wall, national director for Goldman Sachs 10,000 Small Businesses Voices, joins CBS News to discuss.
The U.S. Justice Department is making sanctions evasion and export-control a priority in the wake of Russia's invasion of Ukraine. Justine Walker, head of Global Sanctions and Risk at ACAMS, joins CBS News anchors Michelle Miller and Mola Lenghi to discuss the impact on businesses trying to comply with U.S. laws.
The Dow Jones closed down by nearly 1.5% Wednesday as oil prices climbed during the day, while China's stock markets are slowly recovering after tanking earlier this month. Axios business reporter Hope King joins CBS News to discuss today's market drivers and how China is still producing the world's most billionaires despite its nationwide COVID lockdowns and economic struggles.
Parents across the country are scrambling to find baby formula, as one recent report shows 43% of the top-selling products are out of stock. Peter Pitts, president and co-founder of the Center for Medicine in the Public Interest and former associate commissioner of the Food and Drug Administration, joins CBS News' Anne-Marie Green and Vladimir Duthiers to discuss the latest on the shortage.
CBS News' Elise Preston reports on the baby formula shortages affecting families nationwide, and then Brian Dittmeier, senior director of public policy at the National Women, Infants and Children Association, joins "Red and Blue" to discuss the impact.
Ships packed with holiday gifts are starting to flood America's ports, including in Los Angeles. But 35,000 containers are clogging the docks, waiting for trains to transport cargo across the country. Carter Evans takes a look.
Hershey, one of the world's largest chocolate makers, is warning of a shortage of Reese's Peanut Butter Cups, Kit Kat and other sweets this Halloween. Hershey said it won't be able to fully meet consumer demand.
Many of the cargo ships stuck at sea during the supply chain crisis have now offloaded merchandise, which is crowding store shelves. That could be good news for shoppers. Carter Evans explains.
Even bigger sales could be on the way after Labor Day.
Fourth of July fireworks in several U.S. cities were canceled amid wildfire concerns, staffing shortages and supply chain issues. Carter Evans takes a look.
Amidst supply chain disruptions, the cost of alcohol has remained steady but there are new warnings of inflation in the industry. Scott MacFarlane reports.
President Biden called on Congress to halt the federal gas tax for three months as gas prices soar. But there's debate about whether it will actually help consumers. Nancy Cordes has the details.
Burger King operates over 150 restaurants in Japan.
Efforts to solve the baby formula shortage hit a roadblock as Abbott had to halt production at a Michigan plant after severe storms caused flooding.
Revlon filed for bankruptcy as the cosmetics giant struggles with supply chain issues, a steep drop in sales during the pandemic and competition from celebrities like Kylie Jenner and Rihanna, who have their own cosmetic lines.
Abbott Nutrition announced it will reopen its baby formula plant in Michigan amid a dire shortage of baby formula nationwide. The plant was shut down by the FDA in February following reports of bacterial infections. Christina Ruffini has more.
The investigation found that the FBI looked into more than 170 cases of passengers assaulting other passengers on flights in 2024.
Pima County Sheriff Chris Nanos told CBS News the suspect's backpack is one of the most promising leads in the case, as the search continues for Nancy Guthrie.
In their first television interview, the parents of 19-year-old Katherine Ferruzzo are demanding changes from Camp Mystic, where their daughter died in last summer's devastating floods.
Team USA star skater Ilia Malinin, after multiple falls at the Winter Games, speaks of a struggle to "stay sane through the endless insurmountable pressure."
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
Many of Hungary's neighbors say Prime Minister Viktor Orbán is eroding democracy, but President Trump is forging closer relations with the Putin ally.
Minnesota's top investigative agency said Monday the federal government has formally refused to hand over evidence and information in the killing of Alex Pretti.
Israel has approved numerous measures on the occupied West Bank seen widely as part of an effort by Netanyahu's government to annex the Palestinian territory.
Democrats have demanded reforms to immigration enforcement, including barring officers from wearing masks.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
In their first television interview, the parents of 19-year-old Katherine Ferruzzo are demanding changes from Camp Mystic, where their daughter died in last summer's devastating floods.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Pima County Sheriff Chris Nanos told CBS News the suspect's backpack is one of the most promising leads in the case, as the search continues for Nancy Guthrie.
A CBS News investigation found the FBI investigated more than 170 cases of passengers assaulting other passengers on flights in 2024.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
Many of Hungary's neighbors say Prime Minister Viktor Orbán is eroding democracy, but President Trump is forging closer relations with the Putin ally.
After setting social media abuzz by saying aliens were real, former President Barack Obama said he didn't see evidence that aliens "have made contact with us."
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
On this "Face the Nation with Margaret Brennan" broadcast, Tom Homan and House Minority Leader Hakeem Jeffries join Ed O'Keefe.
Sen. Thom Tillis, who is not running for reelection in 2026, said he believed that Republicans could hold onto its majority in the Senate after the 2026 midterm elections.
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Team USA star skater Ilia Malinin, after multiple falls at the Winter Games, speaks of a struggle to "stay sane through the endless insurmountable pressure."
Many of Hungary's neighbors say Prime Minister Viktor Orbán is eroding democracy, but President Trump is forging closer relations with the Putin ally.
Australian police say a Sydney grandfather was taken from his home by assailants who likely thought he was involved in a "criminal world."
Israel has approved numerous measures on the occupied West Bank seen widely as part of an effort by Netanyahu's government to annex the Palestinian territory.
Late Russian opposition leader Alexey Navalny's mom says a European assessment that he was poisoned in prison "confirms what we knew from the very beginning."
The high-profile ESPN and SiriusXM commentator and bestselling author is a combative and colorful voice on sports. But now, with a weekly political show in which he interviews government leaders, he is raising eyebrows in Washington, too.
High-profile ESPN and SiriusXM commentator and bestselling author Stephen A. Smith is a combative and colorful voice on sports. But now, with a weekly political show, in which he interviews government leaders, he is gaining notice in Washington, too. Smith talks with "Sunday Morning" national correspondent Robert Costa about his journey and whether he might soon be on a debate stage.
The singer-songwriter who's remained on Billboard's Hot 100 Chart for seven straight decades has just released his latest album, "Inspirations of Life and Love." A youthful 84, he talks about his artistic longevity.
"Sunday Morning" remembers some of the notable figures who left us this week, including actor James Van Der Beek, star of the series "Dawson's Creek."
At 28, Australian actor Jacob Elordi has earned his first Academy Award nomination for his haunting portrayal of the Creature in Guillermo del Toro's "Frankenstein." He talks about his love of acting, and why he has no relationship with social media.
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
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.
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Investigators are reviewing surveillance footage and purchase records at retail stores, including Walmart, where they believe the suspect in the Nancy Guthrie case purchased clothing and a face mask, Pima County Sheriff Chris Nanos told CBS News. CBS News' Jonathan Vigliotti has the latest.
Australian police say a Sydney grandfather was taken from his home by assailants who likely thought he was involved in a "criminal world."
Investigators are following up on key leads in the disappearance of Nancy Guthrie as the search for the missing 84-year-old moves into its third week. CBS News' Jonathan Vigliotti has the latest.
A first-of-its-kind trial is set to begin on Monday, as Colin Gray, the father of a Georgia high school shooting suspect faces nearly 30 charges in connection to the case, including two counts each of second-degree murder and involuntary manslaughter. Gray has pleaded not guilty to all charges. CBS News' Skyler Henry reports.
Investigators searching for Nancy Guthrie believe the clothing and face mask worn by the suspect were purchased at Walmart, sheriff Chris Nanos told CBS News. Former NYPD detective Kirk Burkhalter joins CBS News 24/7 to discuss the evidence gathered in the case so far.
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Spencer Jakab, an investing columnist at The Wall Street Journal, shares some takeaways from the January CPI report, which tracks changes in prices of goods and services across the U.S.
Olympic athletes face enormous pressure as the world watches them compete in the Games. Dr. Jess Bartley, senior director of psychological services at Team USA, what makes this level of competition so intense. Kelly O'Grady reports.
The Justice Department's recent release of millions of pages documents related to the Epstein files has led to a wave of resignations. CBS News' Jake Rosen has the latest.
Investigators are reviewing surveillance footage and purchase records at retail stores, including Walmart, where they believe the suspect in the Nancy Guthrie case purchased clothing and a face mask, Pima County Sheriff Chris Nanos told CBS News. CBS News' Jonathan Vigliotti has the latest.
In their first television interview, the parents of 19-year-old Katherine Ferruzzo say she died a hero trying to save children from the devastating flooding at Camp Mystic last summer. John and Andrea Ferruzzo have started a foundation to honor her. CBS News' Karen Hua has the story.