Breaking down the Supreme Court tax code case
The Supreme Court heard arguments Tuesday in a case that could scramble the tax code. CBS News legal contributor and Loyola Law School professor Jessica Levinson joins to unpack what's at stake.
Tax Reform
Do you use PayPal or Venmo? The IRS is giving you a break.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
Here's how Republicans' proposed Fair Tax Act would work
The GOP plan would set a national sales tax of 30% and eliminate the IRS.
Liz Truss resigning as U.K. prime minister
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
U.K. wonders if embattled leader Liz Truss can even outlast a lettuce
The prime minister's 6-week tenure has been defined by self-inflicted chaos, but with her party divided, it's unclear where Britain goes from here.
Liz Truss walks back tax cuts amid recession fears
Experts say public confidence in United Kingdom Prime Minister Liz Truss is steadily falling after she reversed course on her proposed tax reforms. Ian Lee has the latest.
U.K. leader sacks finance chief amid economic turmoil over tax cuts
The "mini-budget" rolled out by the duo caused the pound to plummet in value, interest rates to soar, and sparked chaos in financial markets.
House to vote on Inflation Reduction Act
House Democrats are expected to pass a sweeping spending package Friday. The Inflation Reduction Act aims to lower health care costs, combat climate change and raise taxes for some large corporations. CBS News congressional correspondent Nikole Killion joined Anne-Marie Green and Vladimir Duthiers to discuss the vote and the upcoming midterm elections.
MoneyWatch: How to navigate Tax Day
April 18 is the deadline for most Americans to file their tax returns. Rebecca Walser, president of Walser Wealth Management, shares tips for navigating filing this year, including advice for those who received a child tax credit or dabbled in the stock market.
How would Biden's "Billionaire Minimum Income Tax" work?
The plan would affect almost 30,000 American families with assets of more than $100 million. Here's what you should know.
IRS aims to resolve massive backlog by end of year
Millions of people are waiting for the IRS to process returns from past tax filing seasons — and send their refunds.
These states may soon slash their residents' income taxes
States are cutting taxes amid booming revenue. "You can't have your cake and eat it too, but we kind of are this year," one governor said.
Biden wants IRS to help fund social spending
The Biden administration is proposing the Internal Revenue Service help fund the president's expansive social programs package by tracking down $7 trillion in unpaid taxes. CBS News MoneyWatch reporter Irina Ivanova explains to CBSN's Tanya Rivero why not everyone is happy about the proposal.
How wealthiest Americans pay little in taxes
Nonprofit investigative journalism organization ProPublica obtained never-before-seen IRS information and found the 25 richest Americans sometimes paid little or no federal income taxes. That includes Warren Buffett, Elon Musk, Michael Bloomberg and Jeff Bezos, the richest person in America. CBS News correspondent Elise Preston reports on reaction to the report, and Robert McClelland, a senior fellow with the Tax Policy Center, joined CBSN to discuss.
Tax rules for claiming dependents
At tax time, claiming a child or dependent can save you a lot of money - but it's not always straightforward. CBSN spoke with New Gen Financial's Alicia Jegede to break down the do's and don'ts.
Representative Peter King not seeking reelection
Fourteen-term New York Republican Representative Peter King won't seek reelection. The 75-year-old joins a growing number of Republicans and a handful of Democrats who plan to leave after next year. CBSN New York's Carolyn Gusoff reports.
IRS budget cuts benefit rich, report finds
The IRS is deteriorating after eight years of budget cuts, according to a ProPublica investigation, which found the agency's decline benefits the wealthy while hurting the poor. Paul Kiel co-authored the report, "How the IRS Was Gutted." He joins CBSN to discuss his reporting.
Tax changes make this savings account even more valuable
Tax changes give eligible people with disabilities several ways to put additional money into these special accounts
Battle for Arizona Senate seat
One the key races in the battle for control of the Seante is in Arizona, where Democrat Kyrsten Sinema is running against Republican Martha McSally. Voters are focused on key national issues like tax reform and health care. "CBS Evening News" anchor Jeff Glor reports.
FBI launches Kavanaugh investigation
The FBI has began investigating sexual assault allegations against Judge Brett Kavanaugh. Also within the past week, the House of Representatives has passed a tax bill and Sen. Elizabeth Warren said she will consider running for president in 2020. Kevin Cirilli, chief Washington correspondent for Bloomberg, joins CBSN's Elaine Quijano to discuss the latest headlines in politics.
Major Garrett on "Mr. Trump's Wild Ride"
CBS News chief White House correspondent Major Garrett joins Elaine Quijano on CBSN's "Red and Blue" to discuss his new book, "Mr. Trump's Wild Ride," which documents the first year of the Trump administration.
House Republicans unveil "tax reform 2.0" bills
The bills aim to make individual and small business tax cuts permanent ahead of November's midterm elections
Millions of taxpayers could wind up owing for 2018
Changes to the tax code that are now in effect might snare up to 4.5 million Americans at tax time next April
U.S. charitable giving tops $400 billion for first time
Last year's record total boosted nearly every kind of philanthropy, but trouble could be looming
California primaries
Voters in California are selecting general election nominees in key races across the state, including for governor and several important congressional races. Seema Mehta, political writer for the Los Angeles Times, joins CBSN to break down the primary elections.
Pro-Palestinian protests leave American college campuses on edge
Antisemitic chants and even threats against Jewish students have brought the tension of the Middle East onto U.S. college campuses.
live updates
Trump trial live updates as court resumes with contempt hearing today
Follow live updates as former President Donald Trump's criminal trial resumes in New York.
Romance scammers turn victims into "money mules"
Scammers have been increasingly successful in leveraging their romantic grip on victims by turning them into unwitting co-conspirators, or "money mules."
Senate to take up Ukraine, Israel foreign aid package
The Senate is expected to approve the foreign aid package this week after months of disagreement in Congress.
Judge OKs jury pool phone surveys for man charged in Idaho murders
Prosecutors objected some of the survey questions about Bryan Kohberger and the deaths of four University of Idaho students.
What is the U.K. plan to send asylum seekers to Rwanda?
A new U.K. law means asylum seekers arriving on British shores without prior permission can be deported to East Africa.
Minnesota State Sen. Nicole Mitchell charged in house burglary
A Minnesota state senator now faces charges in connection to a burglary at a Detroit Lakes home earlier this week.
A TikTok ban was passed by the House. Here's what could happen next.
A bill that could ultimately ban TikTok in the U.S. will soon head for a vote in the Senate. Here's what experts say to expect next.
Trump's $175 million bond can stand after attorneys agree to comply with new conditions
New York Attorney General Letitia James's office argued it is concerned about the financial wherewithal of Knight Specialty Insurance company, which posted the bond for former President Donald Trump.
U.S.
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Donald Trump is about to become $1.3 billion richer. Here's why.
Former President Donald Trump could receive a large windfall from his newly public media company, Trump Media & Technology Group.
Mistrial declared in case of man accused of fatally shooting migrant
The decision came after jurors failed to reach a unanimous decision after more than two full days of deliberation.
How to spot ticks and get rid of them as warm weather raises risk
Warmer weather is prime time for ticks that can carry Lyme disease and other illnesses. Here's how to spot them and get rid of them.
Romance scammers turn victims into "money mules"
Scammers have been increasingly successful in leveraging their romantic grip on victims by turning them into unwitting co-conspirators, or "money mules."
Senate to take up Ukraine, Israel foreign aid package
The Senate is expected to approve the foreign aid package this week after months of disagreement in Congress.
MoneyWatch
More MoneyWatch
Donald Trump is about to become $1.3 billion richer. Here's why.
Former President Donald Trump could receive a large windfall from his newly public media company, Trump Media & Technology Group.
FTC sues to block $8.5 billion merger of Coach and Michael Kors owners
Proposed deal "threatens to deprive consumers of the competition for affordable handbags," federal agency says.
A TikTok ban was passed by the House. Here's what could happen next.
A bill that could ultimately ban TikTok in the U.S. will soon head for a vote in the Senate. Here's what experts say to expect next.
Climate change a health risk for 70% of world's workers, UN warns
Cancer, heart disease, respiratory illnesses and kidney dysfunction among the health consequences of a warming planet.
California could ban Clear, which lets travelers pay to skip TSA lines
A "concierge service" that lets paying members bypass airport security lines is unfair to other travelers, California lawmaker says.
Politics
More Politics
Senate to take up Ukraine, Israel foreign aid package
The Senate is expected to approve the foreign aid package this week after months of disagreement in Congress.
live updates
Trump trial live updates as court resumes with contempt hearing today
Follow live updates as former President Donald Trump's criminal trial resumes in New York.
U.S. program has resettled 187,000 Ukrainian refugees with little controversy
As of the end of March, more than 187,000 Ukrainians have arrived in the U.S. under the Uniting for Ukraine program, resettling with resounding efficiency and relatively little controversy.
NYU protesters cleared out by NYPD. See the school's response.
The NYPD made several arrests at a pro-Palestinian protest outside NYU's Stern School of Business in Gould Plaza.
Biden condemns "antisemitic protests" on college campuses
Protesters have been arrested at Columbia and Yale as they've refused to move, calling for a break from Israel.
HealthWatch
More HealthWatch
How to spot ticks and get rid of them as warm weather raises risk
Warmer weather is prime time for ticks that can carry Lyme disease and other illnesses. Here's how to spot them and get rid of them.
Tire toxicity faces fresh scrutiny after salmon die-offs
Tires emit huge volumes of particles and chemicals as they roll along the highway, and researchers are only beginning to understand the threat. One byproduct of tire use, 6PPD-q, is in regulators' crosshairs after it was found to be killing fish.
Climate change a health risk for 70% of world's workers, UN warns
Cancer, heart disease, respiratory illnesses and kidney dysfunction among the health consequences of a warming planet.
Rural jails turn to community health workers to help the newly released succeed
To reduce recidivism, some rural counties are hiring community health workers or peer support specialists to connect people leaving custody to mental health, substance use treatment, medical services and jobs.
U.S. measles cases reach 125 this year, topping 2022's large outbreaks
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.
World
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What is the U.K. plan to send asylum seekers to Rwanda?
A new U.K. law means asylum seekers arriving on British shores without prior permission can be deported to East Africa.
Doomed Mount Everest climber's final letter to wife revealed
In his final letter before he vanished on Mount Everest, George Mallory said his chances of reaching the world's highest peak were "50 to 1 against us."
U.S. program has resettled 187,000 Ukrainian refugees with little controversy
As of the end of March, more than 187,000 Ukrainians have arrived in the U.S. under the Uniting for Ukraine program, resettling with resounding efficiency and relatively little controversy.
NYU protesters cleared out by NYPD. See the school's response.
The NYPD made several arrests at a pro-Palestinian protest outside NYU's Stern School of Business in Gould Plaza.
A TikTok ban was passed by the House. Here's what could happen next.
A bill that could ultimately ban TikTok in the U.S. will soon head for a vote in the Senate. Here's what experts say to expect next.
Entertainment
More Entertainment
Entertainment
Eric Church opens Nashville hotspot
Country music star Eric Church has had a standout year, marked by the opening of his new bar, restaurant and venue called “Chief's” in Nashville. In addition to launching this highly-anticipated spot, Church is playing a 19-show residency there.
Aaron Carter's new song posthumously released
First on "CBS Mornings," we're getting a first listen to a never-before-heard song from Aaron Carter. Carter died in 2022 after struggling with addiction and mental health issues. Now, his team and his sister, Angel Carter Conrad, are releasing his previously unheard music. "The Recovery Album" comes out May 24. Part of the proceeds will go to the nonprofit "The Kids Mental Health Foundation," formerly known as "On Our Sleeves."
PEN America calls off awards ceremony amid criticism over response to Israel-Hamas war
Facing widespread unhappiness over its response to the Israel-Hamas war, the writers' group PEN America has called off its annual awards ceremony.
Spice Girls reunite at Victoria Beckham's birthday party
The Spice Girls had a reunion on Saturday and even put on an impromptu performance.
Cheslie Kryst’s book debuts posthumously
Former Miss USA and Extra correspondent Cheslie Kryst shared her excitement about writing her first book, finishing the manuscript shortly before she died by suicide in 2022, at age 30. Her family says she battled severe depression for years. Now, her mother, April Simpkins, is honoring her daughter's wish by publishing her book. It's called "By the Time You Read This: The Space Between Cheslie's Smile and Mental Illness." April Simpkins joins us first on "CBS Mornings." For more information on Cheslie Kryst go to cheslieckrystfoundation.org
Technology
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Technology
National security concerns over microchips
Secretary of Commerce Gina Raimondo is at the center of a global competition for semiconductor dominance. It's a battle that also puts her at the center of two of the hottest global national security hotspots. Lesley Stahl of 60 Minutes spoke with Raimondo for the broadcast.
A TikTok ban was passed by the House. Here's what could happen next.
A bill that could ultimately ban TikTok in the U.S. will soon head for a vote in the Senate. Here's what experts say to expect next.
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.
How countries are using innovative technology to preserve ocean life
More than 100 nations, including the United States, have agreed to protect 30% of the world's oceans by 2030.
How innovative technology protects ocean life
More than 100 nations have agreed to protect 30% of the world’s oceans by 2030. One way of doing this is to create what are known as Marine Protected Areas, where human activity is restricted or banned. Ben Tracy reports on how a mix of AI and satellite vessel tracking data can help.
Science
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Science
Photo of Titanic iceberg up for auction
A photo taken two days after the sinking of the RMS Titanic apparently shows the iceberg that doomed the so-called unsinkable ship in 1912. CBS News' John Dickerson has details.
Inside efforts to save sharks from extinction
Despite how terrifying sharks might seem, the creatures are critical to the survival of the world's oceans. Oceans generate 50% of the oxygen on the planet and absorb 90% of excess heat created by global warming. CBS News senior national and environmental correspondent Ben Tracy spoke with conservationists in the Bahamas.
Poll: Most back climate change fight
A new CBS poll finds that most of the public favors the U.S. taking steps to address climate change. CBS News executive director of elections and surveys Anthony Salvanto breaks down the numbers.
Climate change's economic impacts
Climate change could cause a $38 trillion income loss per year globally by 2049, according to a new study by the Potsdam Institute for Climate Impact Research. CBS News' Lilia Luciano breaks down the numbers.
Future of many species at risk
A recent report by the United Nations warned that 1 million species are at risk of extinction because of climate-related issues, and some scientists say the number could be even higher. CBS News national environmental correspondent David Schechter has more.
Crime
More Crime
Minnesota State Sen. Nicole Mitchell burgled stepmother's home to get father's ashes, sentimental items, charges say
A Minnesota state senator now faces charges in connection to a burglary at a Detroit Lakes home earlier this week.
Romance scammers turn victims into "money mules"
Scammers have been increasingly successful in leveraging their romantic grip on victims by turning them into unwitting co-conspirators, or "money mules."
Judge OKs jury pool phone surveys for man charged in Idaho murders
Prosecutors objected some of the survey questions about Bryan Kohberger and the deaths of four University of Idaho students.
Widow's death highlights romance scams danger
A growing form of fraud is posing physical, emotional, and financial threats to everyday Americans. Jim Axelrod reports on a romance scam turned tragic -- when a widow was swindled out of her life savings.
Mom's disappearance draws daughter into probe of online romance scams
Laura Kowal's match on an online dating site wasn't what he seemed. Now her daughter is on a mission to expose the risk of romance scams: "It could happen to anybody."
Space
More Space
Could some species dying on Earth be saved in outer space?
A process called cryopreservation allows cells to remain frozen but alive for hundreds of years. For some animal cells, the moon is the closest place that's cold enough.
Lyrid meteor shower to peak tonight. Here's what to know
The Lyrid meteor show is set to peak as the week begins.
When and where you can see April's Pink Moon
April's full moon, known as the Pink Moon, will reach peak illumination on Tuesday, but it will appear full from Monday morning through Thursday morning.
Object that crashed through Florida home's roof was from space station
NASA confirmed Monday that a mystery object that crashed through the roof of a Naples, Florida home last month was space junk from equipment discarded by the space station.
NASA seeks to reign in costs of Mars Sample Return mission
NASA said it agrees with an independent review board that concluded the project could cost up to $11 billion without major changes.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
PHOTOS: Baltimore bridge collapses after cargo ship rams into overpass
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
Could an Alabama woman have shot herself twice?
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
CBS newsman Charles Osgood (1933-2024)
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Eric Church opens Nashville hotspot
Country music star Eric Church has had a standout year, marked by the opening of his new bar, restaurant and venue called “Chief's” in Nashville. In addition to launching this highly-anticipated spot, Church is playing a 19-show residency there.
Aaron Carter's new song posthumously released
First on "CBS Mornings," we're getting a first listen to a never-before-heard song from Aaron Carter. Carter died in 2022 after struggling with addiction and mental health issues. Now, his team and his sister, Angel Carter Conrad, are releasing his previously unheard music. "The Recovery Album" comes out May 24. Part of the proceeds will go to the nonprofit "The Kids Mental Health Foundation," formerly known as "On Our Sleeves."
Tennessee considers bill to arm teachers
In the wake of a deadly shooting at Nashville's Covenant School, Tennessee lawmakers have introduced a polarizing bill that would permit teachers to carry firearms in classrooms.
Diabolical new twist to romance scams
A yearlong CBS News investigation explores a troubling new twist on romance scams that challenges investigators. The victims, often blinded by love, are being turned into unwitting co-conspirators.
Concern over doping scandal ahead of Olympics
Chinese swimmers who tested positive for the banned drug trimetazidine were allowed to swim at the Tokyo Olympic Games. The case came to light after a New York Times investigation. The World Anti-Doping Agency says it followed "due process" in accepting an explanation from Chinese officials, who said the swimmers ingested the banned drug inadvertently. The agency denied any wrongdoing on Monday.