Johnson & Johnson will stop selling talc-based baby powder globally
The move comes after thousands of lawsuits from women claiming use of the product gave them ovarian cancer.
MoneyWatch
Latest News
The Inflation Reduction Act may not lower inflation: analysis
A new analysis from the Penn Wharton Budget Model finds that wealthier taxpayers will bear the brunt of the impact.
U.S. stocks fly high, as S&P 500 ends 4th straight week of gains
Some investors believe inflation may have peaked, allowing Federal Reserve to be less aggressive with hikes.
California ponders extending life of last operating nuclear plant
Gov. Newsom warns plant's power is needed for reliable energy, but questions over earthquake safety and more loom.
Feds consider cracking down on tech firms' data collection
Fitness trackers, "smart" appliances and viral videos all have the potential to compromise your privacy, FTC says.
Amazon launching TV show based on Ring security videos
Produced by Amazon-owned studio MGM, the show aims to follow the mold of "America's Funniest Home Videos."
$2.2B infrastructure budget paves way for new roads across U.S.
Hiking and biking trails, pedestrian corridors and vehicle brides are getting an influx of federal funds.
Did Equifax's credit error affect you? Here's how to check.
Credit bureau said fewer than 300,000 people were affected, while a lawsuit claims the true number could be in the millions.
Peloton to cut jobs, close stores and raise bike and treadmill prices
The beleaguered exercise-machine company said it's making the changes after "lower than forecasted" demand.
Managing Your Money
More
How much mortgage can you afford based on your salary, income and assets?
Before you can even start searching for a new home, you first need to zero in on your homebuying budget.
What is a Roth IRA, and how does it work?
Whether you're considering opening a Roth IRA or if you're already using one, it never hurts to understand how it can affect your overall retirement plans.
Your most frequently asked credit card questions, answered
Despite their popularity, credit cards can be confusing. We answer your most frequently asked questions to help you understand how credit cards work and maximize their value.
Money Tech
New tax credits for EVs look generous — but they're complicated
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
Online prices fall for the first time in two years
Drop in online prices, driven by discounts on electronics and apparel, raises hopes inflation may be turning the corner.
Bankrupt company drops plan to rehire ex-CFO at $93K a month
Investors had panned the proposal while pleading for release of frozen funds: "I'm begging you," wrote one 72-year-old woman.
Amazon to buy Roomba vacuum maker iRobot for $1.7 billion
Robotic vacuum cleaner manufacturer will also lay off 10% of its workers as sales slump.
Want to cool off in a swimming pool? There's an app for that
Swimply lets private pool owners rent them by the hour, while helping people beat the heat.
Twitter posts quarterly loss ahead of Elon Musk legal fight
Fight with Musk taking a toll, but social media company sees nearly 17% gain in users from the previous year.
Apple slows hiring as tech industry tightens belt, report says
Other tech industry bellwethers are also trimming jobs as they brace for slower consumer spending.
Once-hot NFTs suddenly are not
Hype around nonfungible tokens is starting to fade, but some buyers say they have no regrets.
Amazon sues Facebook group administrators over fake reviews
Retail giant claims "bad actors" on Facebook are recruiting people to post phony reviews about products sold on Amazon.
Latest News
Mar-a-Lago search warrant released, reveals FBI seized top-secret classified documents
The Justice Department is investigating the former president for potential Espionage Act violations.
Details emerge about man accused of stabbing Salman Rushdie on stage
The author will likely lose an eye, and the nerves in his arm were "severed" and his liver was "stabbed and damaged," his agent said.
Family of slain Fort Hood soldier seeking $35 million in damages
In April 2021, the U.S. Army released a report saying officers at Fort Hood ignored Guillén's complaints of sexual harassment.
Found guilty at trial, Texas man drinks cloudy liquid and dies
Edward Leclair didn't drink from the water bottle until the verdict was read, then he "just chugged it," the prosecutor said.
House passes Democrats' climate and health care bill, sending it to Biden's desk
Called the Inflation Reduction Act, the bill passed the House in a 220 to 207 party-line vote, days after it cleared the Senate in 51 to 50.
Man charged with 1992 murders in apparent revenge for snowmobile crash
"He started to think about the accident that killed his father. Those thoughts led to him going to the home of Tanna Togstad," the complaint says.
Trump says "it was all declassified" — how declassification usually works
FBI agents seized several sets of records of various classified levels from Trump's home in Florida.
2 dead, casino damaged by monsoon flooding in Las Vegas
Social media posts showed water leaking from the ceiling onto gambling tables at the Planet Hollywood resort.
FBI "previously received information" on man who allegedly tried to breach office
The FBI did not specify what that information was, but said it "did not contain a specific and credible threat."
Small Business
More
Small business faces big challenges: Inflation and 18-hour days
"Would you be comfortable paying $36 for a hamburger? That's kind of what it's worth," says restaurant owner Jenna Petersiel.
For small businesses, looming recession brings uncertainty
But Jessica Johnson-Cope, CEO of a family-owned security services company, remains optimistic even as the U.S. economy darkens.
Want to cool off in a swimming pool? There's an app for that
Swimply lets private pool owners rent them by the hour, while helping people beat the heat.
How to use your car to earn cash without driving for a living
You don't have to work for Uber or Lyft to make money using your car. Instead, just wrap it in ads.
Optimism among small business owners at historic low amid inflation surge
Nationally, 85% of small businesses experienced financial challenges in the last year, according to the Small Business Credit Survey.
Retirement
More
Dems propose raising taxes on high earners to preserve Medicare
Sens. Joe Manchin and Chuck Schumer craft a scaled-back version of the economic package thwarted by Manchin last year.
A common retirement strategy can erode your savings: watchdog
Workers who move 401(k)s into IRAs can lose significant money to a choice they didn't have to make, new analysis shows.
How can you financially prepare for a recession?
"The quicker you move, the more agency you have in reducing the impact of a recession," one expert says.
Stock drop has erased $3 trillion in retirement savings this year
With Americans' nest eggs mostly held in 401(k)s and IRAs, the swoon could force many to delay their retirement.
Social Security bill would give seniors an extra $2,400 a year
Some lawmakers want to revise the retirement program to shore up its funding and boost benefits for its 69 million recipients.
U.S.
More U.S.
2 dead, casino damaged by monsoon flooding in Las Vegas
Social media posts showed water leaking from the ceiling onto gambling tables at the Planet Hollywood resort.
Details emerge about man accused of stabbing Salman Rushdie on stage
The author will likely lose an eye, and the nerves in his arm were "severed" and his liver was "stabbed and damaged," his agent said.
Snake researcher dies from rattlesnake bite in West Virginia
Martin was perhaps the foremost authority on timber rattlers, according to another rattlesnake researcher.
Family of slain Fort Hood soldier seeking $35 million in damages
In April 2021, the U.S. Army released a report saying officers at Fort Hood ignored Guillén's complaints of sexual harassment.
Found guilty at trial, Texas man drinks cloudy liquid and dies
Edward Leclair didn't drink from the water bottle until the verdict was read, then he "just chugged it," the prosecutor said.
MoneyWatch
More MoneyWatch
The Inflation Reduction Act may not lower inflation: analysis
A new analysis from the Penn Wharton Budget Model finds that wealthier taxpayers will bear the brunt of the impact.
U.S. stocks fly high, as S&P 500 ends 4th straight week of gains
Some investors believe inflation may have peaked, allowing Federal Reserve to be less aggressive with hikes.
California ponders extending life of last operating nuclear plant
Gov. Newsom warns plant's power is needed for reliable energy, but questions over earthquake safety and more loom.
Amazon launching TV show based on Ring security videos
Produced by Amazon-owned studio MGM, the show aims to follow the mold of "America's Funniest Home Videos."
$2.2B infrastructure budget paves way for new roads across U.S.
Hiking and biking trails, pedestrian corridors and vehicle brides are getting an influx of federal funds.
Politics
More Politics
Trump says "it was all declassified" — how declassification usually works
FBI agents seized several sets of records of various classified levels from Trump's home in Florida.
Back on trail, Senate candidate admits his "life could have ended"
Fetterman suffered a stroke days before the primary in May.
The Inflation Reduction Act may not lower inflation: analysis
A new analysis from the Penn Wharton Budget Model finds that wealthier taxpayers will bear the brunt of the impact.
House passes Democrats' climate and health care bill, sending it to Biden's desk
Called the Inflation Reduction Act, the bill passed the House in a 220 to 207 party-line vote, days after it cleared the Senate in 51 to 50.
This week on "Face the Nation with Margaret Brennan," August 14, 2022
U.S. Reps. Adam Schiff, Michael McCaul, Brian Fitzpatrick and more will appear on "Face the Nation with Margaret Brennan" this Sunday.
Health
More Health
Idaho Supreme Court rules that abortion restrictions can take effect
One of the laws slated to take effect allows potential relatives of an embryo or fetus to sue abortion providers for up to $20,000 within four years of an abortion.
Polio detected in New York City wastewater
Polio has been detected in New York City's wastewater, suggesting further circulation of the virus. The city's health department is urging pediatricians to immediately identify and schedule appointments for children who are behind on their polio immunizations. Elaine Quijano shares more details.
Did I get the polio vaccine? How to know if you're protected against the virus
A case of polio was identified in Rockland County, New York, and now the virus has been detected in New York City's wastewater.
Senators who suffered strokes urge public to prioritize wellness
Senators Chris Van Hollen and Ben Ray Luján reflect on their experiences recovering from strokes.
Polio detected in NYC's sewage, suggesting virus circulating
Last month, the New York Health Department reported the nation's first case of polio in almost a decade, in Rockland County, north of New York City.
World
More World
One dead, dozens injured as festival stage collapses in Spain
Footage on social media showed powerful winds sweeping through the venue, trees bending dangerously and debris flying.
10 killed, including 2 kids, in Montenegro rampage: "Unprecedented tragedy"
The attacker was randomly shooting at people, including at children, state TV reported, quoting witnesses.
American teacher's family fears he'll be left behind in Russian prison
The family of the 60-year-old imprisoned by Russia over medical marijuana says this is "the last opportunity to save his life."
"They're killing us": Migrants trapped on tiny island beg for help
A woman in the group stranded between Greece and Turkey says the island is "full of snakes, scorpions, and a lot of insects," and they're struggling to survive.
Salman Rushdie severely injured in stabbing at lecture in New York; suspect in custody
The 75-year-old author was stabbed in the neck and in the abdomen, officials said during a Friday evening press conference.
Entertainment
More Entertainment
One dead, dozens injured as festival stage collapses in Spain
Footage on social media showed powerful winds sweeping through the venue, trees bending dangerously and debris flying.
Fantastic Cat performs "C'mon Armageddon"
Four acclaimed singer-songwriters joined forces to create an indie-folk-rock band and have since released their debut album, “The Very Best of Fantastic Cat.” For Saturday Sessions, Fantastic Cat performs "C'mon Armageddon."
Fantastic Cat: Ain’t This the Strangest Town
Four acclaimed singer-songwriters joined forces to create an indie-folk-rock band and have since released their debut album, “The Very Best of Fantastic Cat.” For Saturday Sessions, Fantastic Cat performs “Ain’t This the Strangest Town."
Fantastic Cat performs "Fiona"
Four acclaimed singer-songwriters joined forces to create an indie-folk-rock band and have since released their debut album, “The Very Best of Fantastic Cat.” For Saturday Sessions, Fantastic Cat performs “Fiona.”
Padres star Fernando Tatis Jr. suspended 80 games for positive drug test
San Diego Padres star Fernando Tatis Jr. has been suspended 80 games by Major League Baseball after testing positive for a performance-enhancing substance.
Technology
More Technology
YouTube is the most popular social media among teens, followed by TikTok
About 36% admitted they spend too much time on social media and 54% say it would be somewhat hard to give it up.
Gadgets and apps to help find lost items
CNET editorial director Dan Ackerman joins "CBS Mornings" to share tracking devices and apps that can help people find lost things. He discusses trackers that can find a parked car or glasses as well as a smart lock to help keep track of keys and even pets.
New tax credits for EVs look generous — but they're complicated
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
Smart home tech can help save money on energy bills
Programmable thermostats and smart lights can help consumers' lower energy bills.
Inflation and July's Consumer Price Index
The U.S. Labor Department has released its latest Consumer Price Index for July 2022. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down what this means for prices and the economy.
Science
More Science
Ice Age human footprints found in Utah desert: "Lost oasis"
Men find 88 distinct prints left by a mixture of adults and children on what is now the Utah Test and Training Range.
Shrinking snowpack threatens California water supply
For more than 75 million Americans living out West, snow melt from the Sierra Nevada is a major source of water. However, the mountain range's snowpack is shrinking, down an average of 23% since 1955. Roger Bales, professor of engineering at the University of California, Merced, joins CBS News to discuss what this could mean for California's water future.
Stunning image of colliding galaxies
In a part of space far, far away, two galaxies joined together to form one of the universe's most spectacular events – a galactic merger with streaming stars and chaos. And scientists say the stunning images are a preview of what's to come for the Milky Way.
U.K. so hot and dry, the source of the River Thames has dried up
"Hopefully downstream we will find the Thames, but at the moment, it's gone," said one tourist who had come, hoping to see the origin of the iconic English river.
Landfills are "super emitters" of methane, satellite data finds
The powerful greenhouse gas traps 80 times more heat in the atmosphere than carbon dioxide does.
Crime
More Crime
Details emerge about man accused of stabbing Salman Rushdie on stage
The author will likely lose an eye, and the nerves in his arm were "severed" and his liver was "stabbed and damaged," his agent said.
Family of slain Fort Hood soldier seeking $35 million in damages
In April 2021, the U.S. Army released a report saying officers at Fort Hood ignored Guillén's complaints of sexual harassment.
Man charged with 1992 murders in apparent revenge for snowmobile crash
"He started to think about the accident that killed his father. Those thoughts led to him going to the home of Tanna Togstad," the complaint says.
Found guilty at trial, Texas man drinks cloudy liquid and dies
Edward Leclair didn't drink from the water bottle until the verdict was read, then he "just chugged it," the prosecutor said.
Southern Baptists say denomination is facing DOJ investigation
The Southern Baptist Convention, the largest Protestant denomination in the U.S., has been plagued by problems related to clergy sex abuse in recent years.
Space
More Space
NASA's Perseverance finds tangled object on Mars
Scientists suspect the tangled object is likely pieces of shredded Dacron netting from the Perseverance itself.
"Cosmic collision" shows the fate of the Milky Way
"Dueling gravitational forces will trigger bursts of intense stellar formation and wildly distort their once-majestic structures," researchers said.
Sturgeon moon captured in spectacular photos around the world
All over the globe, the Sturgeon moon gave viewers one last supermoon before 2023.
Scientist apologizes after posting image of star that was actually sausage
Etienne Klein apologized for misleading some Twitter followers with his "scientist's joke."
SpaceX launches Korean moon probe
South Korea's first moon mission will search for ice in permanently shadowed polar craters.
Latest Galleries
More Latest Galleries
The Circleville letters: You've got hate mail
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Timeline: The Jonelle Matthews case
Inside the case against Steven Pankey, a former political candidate who was tried for the kidnapping and murder of a Colorado 12-year-old.
The 50 most expensive colleges in America, ranked
These colleges come with a hefty price tag
Deadliest states for drug overdoses
CDC data reveals which U.S. state has the highest rate of drug overdose-related deaths per 100,000 residents.
The disappearance of Carole Baskin's then-husband Don Lewis
An inside look at the puzzling disappearance of the Florida millionaire
Latest Videos
More Latest Videos
Latest Videos
Fantastic Cat performs "C'mon Armageddon"
Four acclaimed singer-songwriters joined forces to create an indie-folk-rock band and have since released their debut album, “The Very Best of Fantastic Cat.” For Saturday Sessions, Fantastic Cat performs "C'mon Armageddon."
Fantastic Cat: Ain’t This the Strangest Town
Four acclaimed singer-songwriters joined forces to create an indie-folk-rock band and have since released their debut album, “The Very Best of Fantastic Cat.” For Saturday Sessions, Fantastic Cat performs “Ain’t This the Strangest Town."
Fantastic Cat performs "Fiona"
Four acclaimed singer-songwriters joined forces to create an indie-folk-rock band and have since released their debut album, “The Very Best of Fantastic Cat.” For Saturday Sessions, Fantastic Cat performs “Fiona.”
The Dish: The Potato restaurant
Surrounded by America’s largest national park, the Potato is a remote restaurant in McCarthy, Alaska that requires the ultimate travel commitment. CBS News correspondent Jeff Glor checks it out.
Ron Howard on film “Thirteen Lives”
CBS News national correspondent Michelle Miller speaks with the Oscar-winning director Ron Howard about his upcoming film “Thirteen Lives.” The movie chronicles the 2018 rescue mission of a soccer team that was trapped inside of a cave in Thailand for more than two weeks.