"Cruel summer": Gas forecast to top $6 per gallon nationally
California drivers are already paying $6 a gallon — that could soon become the new normal around the U.S., JPMorgan says.
MoneyWatch
Texas restaurateur gives away hundreds of cans of baby formula
Texas restaurateur bought dozens of cases of formula from food distributor and handed it out to parents in need.
Is the U.S. teetering on a recession?
Fierce inflation, rising interest rates and geopolitical tremors threaten to halt the economy in its tracks, experts say.
Stocks sink on recession fears, edging close to a bear market
High inflation, rising interest rates and disappointing corporate earnings are souring Wall Street's outlook.
Ford recalls thousands of SUVs because engines might catch fire
The Michigan automaker says it doesn't know what's causing fires in 2021 Ford Expedition and Lincoln Navigators.
Samsung customers file lawsuit over allegedly faulty refrigerators
The refrigerators have double French doors with a bottom freezer and range from $1,000 to $3,000 each.
Baby formula shortage could mean life or death for kids with metabolic issues
"In the long term, not having the formula would result in permanent brain damage," one child's mother told CBS News.
McD's name to vanish from Russia as chain sells its business
Fast-food giant says existing licensee will purchase and run 850 restaurants under a different name.
Biden to invoke Defense Production Act to address baby formula shortage
Suppliers will be required to give resources to infant formula plants before sending to other customers.
Court tosses $300,000 hospital bill for promised $1,300 charge
Colorado woman faced massive surprise bill after a hospital employee misread her insurance card.
MasterCard and Starbucks to cover abortion travel for workers
Financial services firms and coffee chain latest to add coverage before expected high court ruling on Roe v. Wade.
H&M to pay $36 million to settle claims over unused gift cards
Fashion retailer illegally kept million of dollars that belonged to customers, alleges New York attorney general.
Scammers seeking to exploit baby formula shortage, FTC warns
Cybercriminals "have sunk to new lows" in targeting parents who struggling to find food for their babies, agency says.
Dow dives more than 1,100 points on renewed inflation fears
S&P 500 suffers biggest one-day drop since 2020 as "stagflation" fears fuel concern about of a U.S. downturn.
Ringling Brothers circus to relaunch — without animal acts
Five years after ending a 146-year run, the "Greatest Show on Earth" will make its return in 2023.
Latest News
Senate passes $39.8 billion Ukraine aid bill, sending it to Biden's desk
The 86 to 11 vote sends the bill to President Biden's desk for his signature.
CDC clears Pfizer's COVID-19 vaccine boosters for children as young as five
Less than a third of children ages 5 to 11 years old are fully vaccinated and will become eligible for the third shot.
January 6 committee asks GOP rep for info about Capitol tour before assault
Democrats have accused Republicans of leading "reconnaissance tours" of people who breached the Capitol on January 6.
Oklahoma lawmakers approve bill banning almost all abortions
The bill would prohibit all abortions, except to save the life of a pregnant woman or if the pregnancy is the result of rape or incest that has been reported to law enforcement.
First flights of baby formula expected "within days," official says
A flight from Zurich, Switzerland, to Plainfield, Indiana is set to include 1.5 million 8-ounce bottles of three types of baby formula, a White House official told CBS News.
Friend, former agent, others testify about Johnny Depp's substance use
Depp is suing Heard for libel over a 2018 op-ed she wrote describing herself as "a public figure representing domestic abuse."
Trump Attorney General Bill Barr in talks to cooperate with Jan. 6 committee, source says
The committee chair Rep. Bennie Thompson told "Face the Nation" in January that they had conversations with Barr.
Buffalo mass murder suspect indicted by grand jury
As the suspect was led out, someone shouted "you're a coward!" from the courtroom gallery.
"Cruel summer": Gas forecast to top $6 per gallon nationally
California drivers are already paying $6 or more a gallon — that could spread across the nation, new analysis says.
Money Tech
More
What are Twitter bots, and why is Elon Musk obsessed with them?
Tesla founder wants the SEC to investigate Twitter's claims about spam and fake accounts on the platform.
Elon Musk says Twitter deal is "temporarily on hold"
Tesla founder says his $44 billion purchase of the social media giant is being held up by questions over spam and fake accounts.
Twitter fires 2 executives, adding to Elon Musk buyout turmoil
Social media company said it dismissed two senior managers and will freeze most hiring.
Virtual land rush driving up the cost of space in the metaverse
Top consumer brands and deep-pocketed investors are staking a claim to the next phase of the internet.
How to get Google to wipe your phone number from searches
To deter scammers and other bad actors, the search giant is now allowing people remove personal contact information.
Small Business
More
Labor shortage is biggest challenge for small businesses
Labor shortages, the Omicron variant and supply chain issues pose significant challenges to small businesses.
Bringing equity to the VC funding process
New data released by Crunchbase shows that only 2.2% of all venture funding went to female-founded startups in the first eight months of this year. Deena Shakir, partner at Lux Capital, joins CBSN to discuss what needs to change to bring equity for female entrepreneurs and investors.
A third of small businesses have reinstated COVID-19 rules
As the Delta variant surges, many small employers are again taking precautions in the way they do business.
NYC giving artists $5,000 checks from Biden stimulus
Some 1,800 artists will receive $5,000 checks, while other federal funds will go to cabbies and homeless people.
44% of small businesses have less than 3 months of cash
"Everything is up in the air," said one Ohio bakery owner who worries that COVID-19 could shut her down again.
Retirement
More
More Americans are working into old age
A growing swath of seniors are working beyond 65, with many needing to supplement their paltry retirement savings.
How gig economy workers can save for retirement
Several types of plans are available, but figuring out which one is right for you can be confusing, so here's some help
When delaying your Social Security benefits pays off
The impact of your age when you begin collecting benefits can be more financially significant than you think
Claiming Social Security too early costs Americans $3.4 trillion
Only 4% of retirees claim the benefit at the optimal time. Everyone else is losing out on $111,000 per household
Hardship withdrawals from your company's 401(k)
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
U.S.
More U.S.
COVID cases up 76% among kids in recent weeks
It's not just among kids — infections are on the rise nationwide.
CDC clears Pfizer's COVID-19 vaccine boosters for children as young as five
The agency also upped its recommendation for second boosters in adults 50 and older, as well as the immunocompromised.
Anti-abortion rights group leader accused of stalking doctor in San Francisco
Hurley serves as the leader of Progressive Anti-Abortion Uprising, an anti-abortion group, the district attorney's office said.
Heat wave headed to the East Coast this weekend
Nineteen states and Washington, D.C., could set or tie existing high temperature records.
House passes bill to crack down on alleged gas price gouging
No Republicans supported the bill, which suggests it's likely to fail in the Senate.
MoneyWatch
More MoneyWatch
"Cruel summer": Gas forecast to top $6 per gallon nationally
California drivers are already paying $6 a gallon — that could soon become the new normal around the U.S., JPMorgan says.
Texas restaurateur gives away hundreds of cans of baby formula
Texas restaurateur bought dozens of cases of formula from food distributor and handed it out to parents in need.
Is the U.S. teetering on a recession?
Fierce inflation, rising interest rates and geopolitical tremors threaten to halt the economy in its tracks, experts say.
Stocks sink on recession fears, edging close to a bear market
High inflation, rising interest rates and disappointing corporate earnings are souring Wall Street's outlook.
Ford recalls thousands of SUVs because engines might catch fire
The Michigan automaker says it doesn't know what's causing fires in 2021 Ford Expedition and Lincoln Navigators.
Politics
More Politics
First flights of baby formula expected "within days," official says
A flight from Zurich, Switzerland, to Plainfield, Indiana is set to include 1.5 million 8-ounce bottles of three types of baby formula, a White House official told CBS News.
House passes bill to crack down on alleged gas price gouging
No Republicans supported the bill, which suggests it's likely to fail in the Senate.
Former FBI counsel testifies on 2016 Trump probe in Durham case
Former FBI general counsel James Baker takes the stand in the trial of Michael Sussmann, who is accused of lying to investigators.
Trump Attorney General Bill Barr in talks to cooperate with Jan. 6 committee, source says
The committee chair Rep. Bennie Thompson told "Face the Nation" in January that they had conversations with Barr.
January 6 committee asks GOP rep for info about Capitol tour before assault
Democrats have accused Republicans of leading "reconnaissance tours" of people who breached the Capitol on January 6.
Health
More Health
COVID cases up 76% among kids in recent weeks
It's not just among kids — infections are on the rise nationwide.
CDC clears Pfizer's COVID-19 vaccine boosters for children as young as five
The agency also upped its recommendation for second boosters in adults 50 and older, as well as the immunocompromised.
Baby formula shortage could mean life or death for kids with metabolic issues
"In the long term, not having the formula would result in permanent brain damage," one child's mother told CBS News.
Oklahoma lawmakers pass near-total abortion ban
Oklahoma lawmakers passed an anti-abortion bill outlawing abortion from the moment of fertilization. The legislation prohibits abortion at any point in pregnancy, except to save a woman's life or in cases of rape or incest. Jan Crawford has more details.
Formula shortage impacts people with metabolic issues
Families with special dietary needs are growing desperate amid the baby formula shortage. Thousands in the U.S. suffer from the rare disorder phenylketonuria, also known as PKU, and require specialized formula for life. They have few options if they run out. Meg Oliver has more.
World
More World
Vangelis, "Chariots of Fire" composer, dies at 79
Vangelis wrote music for dozens of other movies, including Ridley Scott's "Blade Runner" in 1982.
Ukrainian medic taken captive after she recorded horrors of war
A Ukrainian medic recorded her time in Mariupol on a tiny data card, which was smuggled out to the world in a tampon.
Senate passes $39.8 billion Ukraine aid bill, sending it to Biden's desk
The 86 to 11 vote sends the bill to President Biden's desk for his signature.
Israel says search for gun that killed Al Jazeera reporter "narrowed down"
The military has identified a soldier's rifle that may have killed Shireen Abu Akleh, but says it can't be certain unless Palestinians turn over the bullet.
Biden offers "strong support" for Sweden and Finland's NATO bids
"I am proud to assure them that they have the full, total, complete backing of the United States of America," the president said.
Entertainment
More Entertainment
Friend, former agent, others testify about Johnny Depp's substance use
Depp is suing Heard for libel over a 2018 op-ed she wrote describing herself as "a public figure representing domestic abuse."
Vangelis, "Chariots of Fire" composer, dies at 79
Vangelis wrote music for dozens of other movies, including Ridley Scott's "Blade Runner" in 1982.
Amanda Kloots talks grieving Nick Cordero's death, raising their son
Amanda Kloots is embracing the idea of living her life to the fullest after her husband, Nick Cordero, died from COVID-19.
Heard's sister, friend back her assault claims against Depp
Johnny Depp has testified he never struck ex-wife Amber Heard.
Taylor Swift receives honorary degree from NYU
The Grammy-winning superstar received an honorary doctorate of fine arts from NYU at the Yankee Stadium graduation ceremony.
Technology
More Technology
Amazon announces new $60 tablet
Retailer unveils two versions of its affordable Fire 7, which can be preordered ahead of June debut in stores.
What are Twitter bots, and why is Elon Musk obsessed with them?
Tesla founder wants the SEC to investigate Twitter's claims about spam and fake accounts on the platform.
Truth Social fails to produce ad revenue
Former President Trump's Truth Social site has yet to generate any ad revenue, according to a new regulatory filing for the business. CBS News tech reporter Dan Patterson joined CBS News' Mola Lenghi and Tanya Rivero to discuss.
Musk says he'll scrap Twitter buy unless he gets clarity on fake accounts
Billionaire demands proof that less than 5% of Twitter's accounts are fake or spam. Analysts say he's angling for a better purchase price.
Elon Musk angling for cut-rate deal on Twitter, analysts say
Tesla CEO's $44 billion offer for the social media company is "out the window," one Wall Street analyst says.
Science
More Science
Prehistoric dolphin species discovered in landlocked Switzerland
Twenty million years ago, Switzerland's low-lying parts were covered in an ocean teeming with fish, sharks and dolphins.
Moth species not seen since 1912 found at Detroit airport
The "very flashy" moths were found in the luggage of a traveler arriving from the Philippines, authorities said.
India hit with deadly flooding and heat waves at the same time
As floodwater sweeps homes away and trains off their tracks, a young Indian activist slams leaders for inaction in the face of "a real climate emergency."
How to watch the "super flower blood moon" total lunar eclipse
A spectacular full moon is fast approaching. Here's everything you need to know to see it.
First pictures of Milky Way’s black hole
Astronomers have managed to get the first images of the black hole located at the core of the Milky Way. Scientists across seven countries released the first ever image of the black hole called Sagittarius A*. Jeff Glor has more.
Crime
More Crime
Crime
Medic's video captures horrors in Mariupol
The horrors of Russia's ruthless assault on Mariupol were captured in vivid detail on a body camera worn by a Ukrainian medic, who recorded her team's efforts to save lives. She had the footage smuggled out of Mariupol and given to the Associated Press before she was captured by Russian forces. Imtiaz Tyab has the latest.
Anti-abortion rights group leader accused of stalking doctor in San Francisco
Hurley serves as the leader of Progressive Anti-Abortion Uprising, an anti-abortion group, the district attorney's office said.
Grand jury indicts Buffalo mass shooting suspect
The suspect accused of killing 10 people and wounding three others at a supermarket in Buffalo, New York, appeared in court Thursday. Authorities are weighing the possibility of adding hate crime and terrorism charges. Jericka Duncan has the latest.
Buffalo mass murder suspect indicted by grand jury
As the suspect was led out, someone shouted "you're a coward!" from the courtroom gallery.
Woman allegedly forced to behead co-worker denies shooting him
Armando Barron is accused of killing his wife's co-worker after he discovered they were texting - and then forcing her to behead him.
Space
More Space
Boeing Starliner capsule sets off after space station
Grounded earlier by software bugs and corroded valves, Boeing says the Starliner is finally ready for flight.
Boeing Starliner capsule poised for high-stakes flight
NASA is confident Boeing's Starliner astronaut ferry ship is finally ready for prime time.
InSight Mars lander nears the end of the road
NASA expects dwindling power to shut down the InSight Mars lander by the end of the year.
NASA investigates another space helmet water leak
While not as serious as a potentially life-threatening 2013 incident, NASA is taking no chances with the station's aging spacesuits.
See the photos of the "super flower blood moon"
Millions in the Americas, Europe and Africa were able to see the spectacular red glow of the total lunar eclipse.
Latest Galleries
More Latest Galleries
25 transgender athletes you should know
These athletes are making waves in the worlds of athletics and advocacy.
Met Gala 2022: The hottest red carpet arrivals
If it glittered or dazzled, it was likely being worn by a celeb at fashion's biggest party of the year
Best movies streaming right now on Netflix
Looking for something fresh to watch? Here are the top films available on the streaming platform.
Best shows to watch on Netflix right now – May 2022
One of these shows could be your next binge obsession.
"The Dexter Killer:" Inside the mind of a murderer
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial-killer Dexter Morgan.
Latest Videos
More Latest Videos
Latest Videos
Are the Kids All Right?: Gen(der) Z
For an unprecedented number of young people in Gen Z, gender is a social construct that needs dismantling. In this CBS Reports documentary, we follow four teens with diverse gender identities to see how they are dealing with and experiencing a world that’s redefining gender.
Head of disinformation board talks resignation
Nina Jankowicz, the head of the Disinformation Governance Board at the Department of Homeland Security, has resigned. This comes after Homeland Security Secretary Alejandro Mayorkas paused the program amid criticism from Republicans. Jankowicz joins Jamie Yuccas on CBS News to discuss her decision to step down from the board.
DHS pauses Disinformation Governance Board
Department of Homeland Security Secretary Alejandro Mayorkas has put the highly criticized Disinformation Governance Board on hold after just three weeks. The board's executive director, Nina Jankowicz, also resigned, citing death threats over her role. CBS News homeland security and justice reporter Nicole Sganga joins "Red and Blue" to discuss.
CDC panel recommends boosters for kids 5 to 11
The CDC's independent advisory committee is recommending Pfizer booster shots for children between 5 and 11 years old as COVID infections and hospitalizations spike across the U.S. yet again. CBS News correspondent Nikki Battiste reports on the recent surge in cases. Then, Dr. Celine Gounder, an infectious disease specialist and editor-at-large at Kaiser Health News, joins Jamie Yuccas to discuss the latest on the pandemic.
Female Rhodes Scholars make West Point history
This year, a record number of women were selected for the prestigious Rhodes Scholarship. For the first time, West Point's class of scholars is all women. Norah O'Donnell speaks with the four cadets about what service means to them.