Tax extension filings still due on Oct. 15 despite government shutdown
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
Taxes
IRS releases income tax brackets and standard deductions for 2026
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The IRS will soon set its 2026 tax brackets. See how yours could change.
The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep."
Some state residents could enjoy bigger tax cuts next year. See where.
The typical U.S. taxpayer could see their taxes decrease by more than $3,750 next year thanks to fresh cuts, deductions and other provisions, according to a recent analysis.
Workers in 68 jobs may soon be exempt from paying taxes on tips, Treasury says
Waiters and bartenders are included in a proposed list of jobs that could qualify for a federal tax break on tips, as well as some workers who don't traditionally get gratuities.
Biden-era clean energy credits are set to expire by the end of the year
Under the One Big Beautiful Bill Act, clean energy tax credits are set to expire earlier than originally planned.
Trump says he's considering rebate checks for Americans based on tariffs
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
Trump spending law deficit concerns
A new Congressional Budget Office report projects President Trump's tax and spending law will add more than $3 trillion to the federal deficit over the next decade. Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget, joins "The Daily Report" with more.
Budget law provision draws gambler backlash
While gambling in the U.S. has skyrocketed in recent years, some professional bettors may be ready to fold over their displeasure with a provision in President Trump's tax and spending law. Professional poker player Phil Galfond joins "The Takeout" to discuss his concerns.
Impact of Trump's budget legislation on taxes
President Trump's new budget legislation, which he signed on July 4, could affect your wallet next year. CBS News business contributor Javier David has more details.
Premiums expected to rise for ACA enrollees
People who get their health insurance through the Affordable Care Act are expected to see a significant spike in their premiums next year because of several factors, including an end to certain tax credits. Dr. Jon LaPook explains.
Here's your potential tax cut in 2026 from the One Big Beautiful Bill Act
The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an analysis finds.
Senate advances Trump spending cuts
Vice President JD Vance travelled to Pennsylvania on Wednesday to rally supporters following the passage of the president's massive spending and tax bill. Before the campaign stops, Vance delivered a decisive vote in the Senate on Tuesday, advancing President Trump's spending cuts on foreign aid and public broadcasters. CBS News congressional correspondent Nikole Killion reports.
How the "big, beautiful bill" helps car buyers save money on taxes
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
Global markets react to Trump's latest tariff threats against EU, Mexico
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.
Brazil warns of retaliatory levies against U.S. if Trump imposes 50% tariff
Brazilian President Lula da Silva vowed to trigger Brazil's reciprocity law if negotiations with the U.S. fail.
The little-known items in the "big, beautiful bill"
President Trump's massive domestic policy law has several lesser-known provisions tucked into it. CBS News congressional correspondent Caitlin Huey-Burns joins "The Takeout" to walk through some of them.
Does the "big, beautiful bill" eliminate taxes on Social Security?
President Trump pushed to eliminate taxes on Social Security. Does his "one big, beautiful bill" deliver?
U.S. tariffs on European goods threaten consumers on both sides of Atlantic
EU said it was prepared to retaliate with tariffs on hundreds of American products, from U.S. beef, auto parts and beer to Boeing airplanes.
How Trump's new spending law will impact taxes
Does President Trump's new economic law really wipe away taxes on Social Security and tips? CBS News MoneyWatch correspondent Kelly O'Grady dives into the fine print.
Some Trump cuts will not hit until 2027
President Trump's newly signed budget legislation contains provisions on Medicaid and the Supplemental Nutrition Assistance Program (SNAP), but certain cuts are not supposed to take effect until January 2027. CBS News' Nikole Killion has the latest from Capitol Hill.
What to know as Trump signs budget bill
After weeks of Democratic resistance and Republican infighting, President Trump's sweeping legislation he calls the "big, beautiful bill" is now law. He signed his domestic policy plan during an Independence Day ceremony at the White House. CBS News' Aaron Navarro and Nikole Killion have the details.
Trump signs "big, beautiful bill" into law
President Trump signed his massive spending and tax bill into law on Friday at an Independence Day ceremony at the White House. Jericka Duncan anchors this CBS News Special Report.
What's in the final Trump budget bill?
President Trump's so-called "big, beautiful bill" will now head to his desk after both chambers of Congress passed the measure. The bill touches on Medicaid, defense spending, tax cuts and much more. CBS News executive director of White House and politics Fin Gómez has more.
Why the June jobs report beat expectations
New jobs numbers on Thursday revealed a stronger than expected month of June, but a deep dive inside the numbers reveals some not so pleasant surprises. CBS News MoneyWatch correspondent Kelly O'Grady explains.
Former Prince Andrew arrested over Epstein files revelations
Andrew Mountbatten-Windsor, King Charles III's younger brother, has been arrested over suspected misconduct in public office after revelations in the Epstein files.
Exclusive
Trump has mulled timeline for Iran strikes, but no decision yet
Trump has not yet made a final decision about whether to strike Iran, sources told CBS News.
Accomplice not ruled out in Nancy Guthrie disappearance, Arizona sheriff says
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continues for a third week.
Inside the surge of threats against public officials fueling a rise in prosecutions
A CBS News analysis found 126 cases that were brought by federal prosecutors last year arising out of threats to public officials.
8 skiers dead after avalanche near California's Lake Tahoe; 9th still missing
Search teams are scouring the back country near California's Lake Tahoe for nine skiers still missing after an avalanche.
Trump administration gives ICE broader powers to detain legal refugees
The Trump administration has given ICE the authority to detain refugees who entered the U.S. lawfully but don't have green cards yet, part of a bid to scrutinize the legal immigration system, according to a government memo obtained by CBS News.
Judge holds DOJ lawyer in contempt as tensions flare over immigration cases
A Minnesota federal judge ordered a government attorney to be held in civil contempt of court, further escalating tension between the judiciary and Trump administration over immigration cases.
U.S. planning to pull all troops from Syria, sources say
The U.S. is planning to withdraw its remaining 1,000 troops from Syria over the next two months, U.S. officials told CBS News, ending a roughly decade-long presence there.
Former South Korean President Yoon gets life sentence for imposing martial law
Former President Yoon Suk Yeol was sentenced to life in prison for briefly imposing martial law in a dramatic culmination to the country's biggest political crisis in decades.
U.S.
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Democrats in Congress press National Park Service on Trump ballroom donors
Sen. Elizabeth Warren and Rep. Robert Garcia's previous attempts to extract information about the White House ballroom's finances have so far yielded few answers.
Inside the surge of threats against public officials fueling a rise in prosecutions
A CBS News analysis found 126 cases that were brought by federal prosecutors last year arising out of threats to public officials.
Mass departures from DOJ are boon for law firms, legal groups
More than 5,000 employees have resigned, retired or been fired from the Justice Department in the first year of Mr. Trump's second administration.
Newark Airport reopens after aircraft emergency caused ground stop, FAA says
Newark Liberty International Airport reopened Wednesday evening after an aircraft emergency caused a ground stop.
NIH's Jay Bhattacharya will also serve as acting CDC director
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
MoneyWatch
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Federal tax dollars subsidize health care plans in ways you may not realize
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
Wine giant Gallo closing Napa Valley facility, laying off dozens of workers
California wine giant Gallo is set to close one of its Bay Area production facilities, laying off nearly 100 workers there and at four other wineries and tasting rooms in Napa and Sonoma counties.
Reese's family member criticizes Hershey for "quietly replacing" ingredients
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
Zuckerberg questioned on under-13 Instagram users in social media trial
The Meta CEO defended his company's efforts to keep kids under 13 off of Instagram, but noted that there are "people who lie" about their ages.
Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
Politics
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Democrats in Congress press National Park Service on Trump ballroom donors
Sen. Elizabeth Warren and Rep. Robert Garcia's previous attempts to extract information about the White House ballroom's finances have so far yielded few answers.
Federal tax dollars subsidize health care plans in ways you may not realize
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
Inside the surge of threats against public officials fueling a rise in prosecutions
A CBS News analysis found 126 cases that were brought by federal prosecutors last year arising out of threats to public officials.
Trump administration gives ICE broader powers to detain legal refugees
The Trump administration has given ICE the authority to detain refugees who entered the U.S. lawfully but don't have green cards yet, part of a bid to scrutinize the legal immigration system, according to a government memo obtained by CBS News.
Judge holds DOJ lawyer in contempt as tensions flare over immigration cases
A Minnesota federal judge ordered a government attorney to be held in civil contempt of court, further escalating tension between the judiciary and Trump administration over immigration cases.
HealthWatch
More HealthWatch
Federal tax dollars subsidize health care plans in ways you may not realize
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
NIH's Jay Bhattacharya will also serve as acting CDC director
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
World
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Former Prince Andrew arrested over Epstein files revelations
Andrew Mountbatten-Windsor, King Charles III's younger brother, has been arrested over suspected misconduct in public office after revelations in the Epstein files.
Former South Korean President Yoon gets life sentence for imposing martial law
Former President Yoon Suk Yeol was sentenced to life in prison for briefly imposing martial law in a dramatic culmination to the country's biggest political crisis in decades.
U.S. men's hockey team defeats Sweden in overtime at Olympics quarterfinal
The U.S. and Canada men's hockey teams are moving on to the semifinals at the Winter Olympics.
Exclusive
Trump has mulled timeline for Iran strikes, but no decision yet
Trump has not yet made a final decision about whether to strike Iran, sources told CBS News.
U.S. planning to pull all troops from Syria, sources say
The U.S. is planning to withdraw its remaining 1,000 troops from Syria over the next two months, U.S. officials told CBS News, ending a roughly decade-long presence there.
Entertainment
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Bad Bunny lands first lead acting role in the film "Porto Rico"
Bad Bunny is set to star in his first leading role in the film "Porto Rico" alongside Javier Bardem, Viggo Mortensen and Edward Norton.
From the archives: Robert Duvall
Academy Award-winning actor Robert Duvall died on Feb. 15, 2026 at the age of 95. In this June 25, 2006 "Sunday Morning" profile, the star of such classics as "The Godfather," "Apocalypse Now," and the TV miniseries "Lonesome Dove" talked with Rita Braver about his career, including the early days hanging out with Gene Hackman and Dustin Hoffman; his Oscar-winning performance as a country singer in "Tender Mercies"; and his love of westerns. He even gave a visiting reporter an impromptu tango lesson.
Stephen Colbert slams CBS again amid controversy over Talarico interview
"The Late Show" host Stephen Colbert slammed CBS again on Tuesday night after the network issued a statement about his interview with Texas Democrat James Talarico.
Stephen Colbert slams CBS, says network blocked James Talarico interview
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Anderson Cooper to depart "60 Minutes" at end of season
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Technology
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Technology
Mark Zuckerberg appears in social media trial
Mark Zuckerberg took the stand on Wednesday to fight off allegations that Instagram was intentionally designed to be addictive, especially to kids. Jo Ling Kent was in the courtroom and has more on the landmark trial.
Zuckerberg testifies at landmark trial
Meta CEO Mark Zuckerberg was in court on Wednesday, testifying in a pivotal trial on social media addiction and potential legal remedies. CBS News correspondent Carter Evans has the 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.
Mark Zuckerberg's team scolded in court
Meta CEO Mark Zuckerberg defended his social media company in court on Wednesday against allegations that it's designed its apps to be addictive and harmful to children. CBS News' Carter Evans reports on the trial, and technology journalist Jacob Ward has more details.
Zuckerberg testifies in landmark trial
Meta CEO Mark Zuckerberg is testifying in a landmark social media addiction trial on Wednesday. CBS News correspondent Carter Evans has more.
Science
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In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
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.
These United States: George Washington and climate change
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.
Impact of climate change on Winter Olympics
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.
Scientists "quite surprised" to find one polar bear population thriving
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.
Crime
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Crime
Guthrie investigators haven't ruled out accomplice
The Pima County sheriff told CBS News that investigators have not ruled out the possibility of an accomplice in the disappearance of Nancy Guthrie. CBS News reporter Andres Gutierrez has the latest.
Accomplice not ruled out in Nancy Guthrie disappearance, Arizona sheriff says
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
Latest details in Nancy Guthrie case
DNA on gloves found near Nancy Guthrie's home did not match any in the FBI's database, the agency said, but investigators are still focusing on possible evidence as the search for "Today" co-host Savannah Guthrie's mother continues. CBS News' Andres Gutierrez has the latest.
4th alleged rape victim testifies against Norway princess's son
Marius Borg Hoiby faces 38 charges, including raping four women while they were asleep or had passed out.
Zuckerberg taking the stand at trial
Meta CEO Mark Zuckerberg is taking the stand at a landmark trial on the effects of social media. CBS News' Jo Ling Kent reports.
Space
More Space
Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
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.
SpaceX launches space station crew on 8-month mission
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, SpaceX mission prepares for launch
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.
ULA rocket has booster problem while launching classified Space Force payloads
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.
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
Newark Airport reopens after emergency landing
Newark International Airport briefly closed on Wednesday after a JetBlue flight made an emergency landing. CBS News senior transportation correspondent Kris Van Cleave reports.
"Fire devils" swirl in Oklahoma
Dangerous weather threatened much of the U.S. on Wednesday. Rob Marciano reports on avalanche, fire, tornado and storm threats around the country.
New, dramatic testimony in Colin Gray's trial
There was new dramatic testimony in the trial of Colin Gray, the father accused of purchasing the rifle his son used to kill four people at his Georgia high school in 2024. Skyler Henry has more.
Mark Zuckerberg appears in social media trial
Mark Zuckerberg took the stand on Wednesday to fight off allegations that Instagram was intentionally designed to be addictive, especially to kids. Jo Ling Kent was in the courtroom and has more on the landmark trial.
Delta flight turns around due to violent passenger
A Delta Air Lines flight took off, then had to turn around because of concern that a violent passenger would try to enter the cockpit. Kris Van Cleave reports.