American Airlines places big bet on supersonic travel
It's been nearly 20 years since the Concorde flew for the last time. Will high-speed air travel take off this time?
MoneyWatch
Latest News
Why even discussing abortion can now get you arrested
"If it were me, at this point, I'd use a notebook — I wouldn't use an app," said one lawyer about the growing threat to privacy.
Biden signs Inflation Reduction Act into law, sealing major Democratic victory on climate, health care and taxes
"Let me say from the start, with this law, the American people won and the special interests lost," Mr. Biden told the crowd assembled at the White House.
2 million infant swings, rockers recalled after 10-month-old dies
Some of Thorley Industries' 4moms products pose asphyxiation risk to babies big enough to crawl under their seats.
Dodge is discontinuing muscle cars Charger and Challenger
Calling it the end of an era in automotive history, car maker says it plans to refocus the brand on electric vehicles.
FDA to allow buying of hearing aids without a prescription
U.S. regulators have finalized a long-awaited rule that's expected to allow millions of Americans to buy hearing aids without a prescription.
Is your state offering stimulus or rebate checks?
From California to Maine, some Americans are getting financial help in the face of higher food and gas prices.
Dr. Seuss' $19M estate hits market for first time in in 75 years
Southern California compound once owned by children's book author Theodor Seuss Geisel is up for sale.
SoulCycle closing 20 stores across the nation
The high-intensity indoor cycling is skidding to a halt, with Peloton also announcing two rounds of layoffs this year.
Managing Your Money
More
How to apply for a student loan
Knowing what to expect when applying for a student loan will help the process go smoother.
How to find a higher paying job
If you're considering changing jobs or simply looking for a pay bump, there are some simple ways to get started.
This is the best time to refinance your mortgage
Here's when you should refinance your mortgage and when it might not be such a good idea.
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
Liz Cheney says primary is "beginning of a battle" that will go on
CBS News' Robert Costa caught up with Cheney soon after she had voted in the Wyoming primary.
Watch Live: Wyoming and Alaska primary results
Rep. Liz Cheney is the last of the 10 Republicans who voted to impeach Trump to face a primary challenge.
Biden signs Inflation Reduction Act, sealing major victory for domestic agenda
"Let me say from the start, with this law, the American people won and the special interests lost," Mr. Biden told the crowd assembled at the White House.
FBI returns Trump passports seized in search of Mar-a-Lago
The FBI said in a statement it "follows search and seizure procedures ordered by courts, then returns items that we do not need to be retained for law enforcement purposes."
Feds charge ex-congressman with 28 counts for alleged fraud schemes
The California Democrat faces federal charges for were multiple alleged fraud schemes, the Justice Department announced.
NTSB: Co-pilot was "visibly upset" before he exited plane in mid-air
The NTSB has released a preliminary report which offers some insight into what may have prompted a 23-year-old co-pilot to exit a damaged plane in mid-air, prior to an emergency landing.
Democrats say DHS watchdog won't comply with requests about missing texts
The Department of Homeland Security inspector general says he's following federal guidelines for ongoing probes.
Drought-stricken Arizona and Nevada to get less water from Colorado River
The move came as officials predict levels at Lake Mead, the largest U.S. reservoir, will plummet even further.
American tourist dies at Bahamas resort after testing positive for COVID, police say
Police in the Bahamas are investigating the death of a 70-year-old American tourist who was found dead in a resort located on the same island three people died of carbon monoxide poisoning in May.
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.
NTSB: Co-pilot was "visibly upset" before he exited plane in mid-air
The NTSB has released a preliminary report which offers some insight into what may have prompted a 23-year-old co-pilot to exit a damaged plane in mid-air, prior to an emergency landing.
"We've been to hell and back": Employees walk out as job unhappiness soars
A new Gallup poll that found half of workers are stressed, and one in five battles anger or sadness during the day.
8-year-old Highland Park shooting victim "in constant pain" amid rehab, family says
"It is very hard to convince Cooper that he will be happy again. Of course, we are beyond grateful for his survival, and we know others weren't as fortunate, but we want people to know his path/our path will be a very long and hard road," Cooper's family said.
Pennsylvania order protects LGBTQIA+ community from conversion therapy
The order directs commonwealth agencies to "do everything in their power to discourage conversion therapy."
Little League World Series player hospitalized after falling off bunk bed
An Instagram page that has been providing updates on his condition said the boy had suffered a fractured skull and epidural hematoma.
MoneyWatch
More MoneyWatch
"We've been to hell and back": Employees walk out as job unhappiness soars
A new Gallup poll that found half of workers are stressed, and one in five battles anger or sadness during the day.
Inflation bill could be "game-changing" for millions of seniors
The bill would help many older Americans with high drug costs save thousands of dollars per year, experts say.
American Airlines places big bet on supersonic travel
It's been nearly 20 years since the Concorde flew for the last time. Will high-speed air travel take off this time?
Dr. Seuss' $19M estate hits market for first time in more than 50 years
Southern California compound once owned by children's book author Theodor Seuss Geisel is up for sale.
Dodge is discontinuing muscle cars Charger and Challenger
Calling it the end of an era in automotive history, car maker says it plans to refocus the brand on electric vehicles.
Politics
More Politics
Watch Live: Wyoming and Alaska primary results
Rep. Liz Cheney is the last of the 10 Republicans who voted to impeach Trump to face a primary challenge.
Pennsylvania order protects LGBTQIA+ community from conversion therapy
The order directs commonwealth agencies to "do everything in their power to discourage conversion therapy."
Liz Cheney says primary is "beginning of a battle" that will go on
CBS News' Robert Costa caught up with Cheney soon after she had voted in the Wyoming primary.
Biden signs Inflation Reduction Act, sealing major victory for domestic agenda
"Let me say from the start, with this law, the American people won and the special interests lost," Mr. Biden told the crowd assembled at the White House.
Feds charge ex-congressman with 28 counts for alleged fraud schemes
The California Democrat faces federal charges for were multiple alleged fraud schemes, the Justice Department announced.
Health
More Health
Health
FDA clears path for over-the-counter hearing aids
The Food and Drug Administration will make hearing aids available without a prescription as soon as mid-October. The agency estimates it could save consumers nearly $3,000 on a pair of hearing aids.
Pennsylvania order protects LGBTQIA+ community from conversion therapy
The order directs commonwealth agencies to "do everything in their power to discourage conversion therapy."
Inflation bill could be "game-changing" for millions of seniors
The bill would help many older Americans with high drug costs save thousands of dollars per year, experts say.
2 million infant swings, rockers recalled after 10-month-old dies
Some of Thorley Industries' 4moms products pose asphyxiation risk to babies big enough to crawl under their seats.
Nuclear war would kill billions – just from starvation, study finds
Just the soot from a week-long nuclear war would cause a "global catastrophe," researchers said.
World
More World
American tourist dies at Bahamas resort after testing positive for COVID, police say
Police in the Bahamas are investigating the death of a 70-year-old American tourist who was found dead in a resort located on the same island three people died of carbon monoxide poisoning in May.
Olympic rugby champion Ellia Green comes out as trans man
The gold-medal winning athlete told The Associated Press it was the best decision of his life.
Explosions rock ammunition depot in Crimea in suspected Ukrainian attack
Russia blamed the blasts in the village of Mayskoye on an "act of sabotage," without naming the perpetrators.
Nuclear war would kill billions – just from starvation, study finds
Just the soot from a week-long nuclear war would cause a "global catastrophe," researchers said.
U.N. hopes 5th time's the charm in push for treaty to protect oceans
Member states have haggled over the terms of new international laws to protect international waters from exploitation since 2017. Could they finally reel it in?
Entertainment
More Entertainment
Wolfgang Peterson, "Das Boot" and "Air Force One" director, dies at age 81
Heralded as an antiwar masterpiece, "Das Boot" was nominated for six Oscars, including for Petersen's direction.
Ezra Miller seeking treatment for "complex mental health issues"
"I want to apologize to everyone that I have alarmed and upset with my past behavior," Miller said.
Fatal shooting by Alec Baldwin on "Rust" set was accident: medical examiner
I's too early to say how much weight the finding will carry with prosecutors, but Baldwin's lawyers suggested it was another reason he shouldn't face criminal charges.
Sacheen Littlefeather receives apology for mistreatment at 1973 Oscars
Littlefeather was mocked when she declined Marlon Brando's Best Actor win onstage at the 1973 ceremony.
Rapper A$AP Rocky charged with assaulting former friend with a firearm
The 33-year-old rapper faces two counts of assault with a semiautomatic firearm with allegations of personally using a firearm.
Technology
More Technology
GM recalls 484,000 large SUVs over possible seat-belt malfunction
The belts may not properly restrain a passenger in a crash, increasing the risk of injury, regulators said.
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.
Science
More Science
Science
U.S. faces growing risk of hazardous heat
A new report reveals nearly one-third of U.S. adults will likely live in counties experiencing hazardous heat by 2053. CBS News MoneyWatch reporter Irina Ivanova joins CBS News' Tanya Rivero and Elaine Quijano to discuss the alarming analysis.
U.N. hopes 5th time's the charm in push for treaty to protect oceans
Member states have haggled over the terms of new international laws to protect international waters from exploitation since 2017. Could they finally reel it in?
Space mission shows Earth's water may be from asteroids, study says
The Ryugu samples could give clues to the mystery of how oceans appeared on Earth billions of years ago, scientists said.
A megaflood could bring over 8 feet of water to parts of California
Climate change has already doubled the likelihood of catastrophic flooding in the state, researchers found, and without a limit on greenhouse gas emissions, it'll only get worse.
CDC tweaks monkeypox guidance over suspected human-to-dog transmission
Researchers studying two men who caught the virus in Paris said "symptom onset in both patients and, subsequently, in their dog suggest human-to-dog transmission."
Crime
More Crime
Judge rejects plea deal in spy case because sentences weren't harsh enough
Jonathan and Diana Toebbe pleaded guilty to espionage charges in February. But the judge rejected their plea agreements.
Feds charge ex-congressman with 28 counts for alleged fraud schemes
The California Democrat faces federal charges for were multiple alleged fraud schemes, the Justice Department announced.
FBI rescues over 200 trafficking victims, including 84 children
More than 200 state, local and federal partners and the National Center for Missing and Exploited Children conducted 391 operations over a two-week period in August.
Former Trump Org. CFO Allen Weisselberg expected to plead guilty in tax fraud case
Weisselberg is not expected to provide information about Trump or the company as part of the deal.
Human remains were found in suitcase bought at an auction
A postmortem examination is underway to try identify the deceased and figure out the circumstances behind the remains, police said.
Space
More Space
NASA readies SLS moon rocket rollout to launch pad
The maiden flight of the SLS moon rocket is intended to clear the way for the Artemis program's first piloted flight in 2024.
Space mission shows Earth's water may be from asteroids, study says
The Ryugu samples could give clues to the mystery of how oceans appeared on Earth billions of years ago, scientists said.
Meteor's loud boom rattles skies over Salt Lake City and beyond
Even Utah's governor, out for a run, heard the boom, which was caused by what the National Weather Service said was a meteor.
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.
Latest Galleries
More Latest Galleries
Taliban marks "Victory Day" a year after Afghan takeover
While many Afghans have little to celebrate, the country's Taliban rulers were happy to show off their control of Kabul's streets.
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.
Latest Videos
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Latest Videos
U.S. border arrivals drop for 2nd month
The number of migrants processed by U.S. immigration authorities at the southern border dropped for the second month in a row in July. CBS News immigration reporter Camilo Montoya-Galvez joins Lana Zak to discuss.
Volunteers supply homeless students with backpacks
The average family spends nearly $900 each year in back-to-school shopping, but not everyone can afford it. A group of volunteers is helping distribute backpacks to homeless students. Meg Oliver shares more.
Wolfgang Petersen, blockbuster director, dies at 81
Director Wolfgang Petersen died of pancreatic cancer at 81. He had a string of hits, including "Perfect Storm" and "Air Force One."
FDA clears path for over-the-counter hearing aids
The Food and Drug Administration will make hearing aids available without a prescription as soon as mid-October. The agency estimates it could save consumers nearly $3,000 on a pair of hearing aids.
Employees walk out as job unhappiness soars
Fed up and frustrated, Amazon workers walked off the job, calling for a raise and safer conditions at a California facility. Thousands of health care workers are on strike. It's the latest in a number of walkouts and strikes amid a Gallup poll showing worker stress is at an all-time high. Elise Preston has the details.