The Fed's preferred inflation gauge shows prices rising at fastest pace in 3 years
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
MoneyWatch
Latest News
Some states want to regulate prediction markets. Should the feds let them?
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
Snap sued over rape of minor who met adult attacker via Snapchat
The parents of a girl who was raped when she was 12 years old by an adult stranger she connected to via Snapchat have sued its parent company, Snap, and the attacker, in Missouri state court.
First on CBS
Trump to ask Congress to make 15% ethanol-gas blend permanent
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
IBM unveils tech for chips it says pack performance leap, use much less power
IBM has raised the curtain on semiconductor technology it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption.
Can Slate's $24,950 electric pickup truck win over EV skeptics?
Backed by Jeff Bezos, Slate's EV pickup sells for about half the cost of a typical new vehicle. But car experts say its unconventional design may be a hurdle.
5 major changes Trump is making in D.C. during his second term
President Trump's construction projects include restoring the Lincoln Memorial Reflecting Pool, building a 90,000-square-foot White House ballroom and a 250-foot triumphal arch.
Chemours to pay $450M in first federal "forever chemicals" settlement
Chemical maker Chemours allegedly discharged chemicals linked to cancer and other health conditions in three states.
Our new podcast will help you make smarter "Money Moves"
Get clear, actionable financial advice starting June 30 wherever you get your podcasts.
Managing Your Money
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How much interest can a $45,000 CD account earn now?
Interest earnings on a CD account will be significant and accessible in just a few months. Here's what to know now.
Will mortgage interest rates drop in July? 4 things to consider now
Today's mortgage interest rates don't necessarily have to remain high this July. Here's what to consider right now.
Which debts are surviving family members responsible when someone dies?
Some types of debt may be wiped out, but a few obligations can still follow your surviving family members.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
Social Security faces looming benefit cuts. Can the program be saved?
Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.
Here's the retirement challenge nobody talks about
Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.
Social Security checks could be cut by $500 a month in 2032, report finds
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
Work
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
Working remotely can hurt people's mental health, research finds
Although working remotely offers flexibility, it also takes a toll on people's mental health, experts said.
The main reason some young college grads are struggling to find work
Economists at the New York Federal Reserve say they've identified the main reason some recent college grads are having trouble landing a job.
U.S.
More U.S.
Supreme Court strikes down Hawaii law restricting guns on some private property
The Supreme Court struck down a Hawaii restriction that prohibits concealed-carry permit holders from bringing their firearms onto private property that is open to the public.
Supreme Court sides with Monsanto in case over cancer risks from weedkiller
The Supreme Court ruled that Monsanto cannot be held liable under state laws for failing to warn consumers about the alleged cancer risks of its weedkiller Roundup on its label.
Woman who plunged 120 feet on Washington mountain rescued by helicopter
A woman was rescued by a Coast Guard aircrew on Saturday, after falling 120 feet down a mountain in Washington state.
Fed's preferred inflation gauge hits 3-year high
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
250 essential American songs to mark nation's birthday
What are the essential American songs? Ahead of the nation's 250th birthday, we asked that question to Sunday Morning's familiar faces, from performers to artists and writers to community leaders.
MoneyWatch
More MoneyWatch
Fed's preferred inflation gauge hits 3-year high
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
IBM unveils tech for chips it says pack performance leap, use much less power
IBM has raised the curtain on semiconductor technology it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption.
Snap sued over rape of minor who met adult attacker via Snapchat
The parents of a girl who was raped when she was 12 years old by an adult stranger she connected to via Snapchat have sued its parent company, Snap, and the attacker, in Missouri state court.
Some states want to regulate prediction markets. Should the feds let them?
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
First on CBS
Trump to ask Congress to make 15% ethanol-gas blend permanent
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
Politics
More Politics
Supreme Court strikes down Hawaii law restricting guns on some private property
The Supreme Court struck down a Hawaii restriction that prohibits concealed-carry permit holders from bringing their firearms onto private property that is open to the public.
Supreme Court sides with Monsanto in case over cancer risks from weedkiller
The Supreme Court ruled that Monsanto cannot be held liable under state laws for failing to warn consumers about the alleged cancer risks of its weedkiller Roundup on its label.
Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Senate rejects measure to restrict Trump's Iran war powers as key Republicans shift
The Senate late Wednesday rejected a measure aimed at restricting President Trump's power to wage war against Iran, a victory for Senate GOP leadership — and a shift from one day earlier.
Military requiring flu vaccines for recruits as Air Force base deals with outbreak
All military branches began requiring recruits to get flu vaccines earlier this month, an exception to Pete Hegseth's decision to lift the military's vaccine mandate, a Pentagon official said.
HealthWatch
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Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
Affordable healthcare emerges as a voter priority in purple Nevada
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
World
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Live
Oil prices keep dropping as Oman rules out Strait of Hormuz "transit fees"
With the U.S.-Iran agreement appearing to hold, Oman rules out future Strait of Hormuz "transit fees" and oil prices continue their fall.
Trump-backed candidate declared winner of Colombia's presidential runoff
Abelardo de la Espriella, a millionaire political newcomer, has been declared Colombia's next president.
Powerful earthquakes strike Venezuela, killing at least 164
Venezuela's acting president said the death toll from powerful twin earthquakes was likely to rise, as USGS modeling suggested thousands may have been killed.
Trump admin. asks Congress for $88B in supplemental funds for Iran war, other needs
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
TV host sorry for slamming player for leaving World Cup for baby's birth
France Pierron described childbirth as "a disgusting moment, excuse me, where the dad is useless" during a TV appearance.
Entertainment
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Entertainment
Essential American songs of last 250 years
For the United States' 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country's essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here's a sample.
250 essential American songs to mark nation's birthday
What are the essential American songs? Ahead of the nation's 250th birthday, we asked that question to Sunday Morning's familiar faces, from performers to artists and writers to community leaders.
Clive Davis biographer remembers music icon
Record label executive and starmaker Clive Davis died at 94 on Monday. His influence spans genres and decades. Music critic and Davis biographer Anthony DeCurtis reflects on the life and legacy of Clive Davis.
Jim Parsons on Broadway musical debut
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis dies at 94
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
Technology
More Technology
IBM unveils tech for chips it says pack performance leap, use much less power
IBM has raised the curtain on semiconductor technology it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption.
U.S. aims to break AI reliance on China
The U.S. is trying to break the West's reliance on Chinese artificial intelligence supply chains with an international accord called Pax Silica. Its goal is to shore up supplies of essential components used in high-end computer chips, which power advanced AI models. CBS News coordinating producer Richard Escobedo has more.
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.
Meta creating prediction market app, NYT says
Prediction markets like Kalshi and Polymarket, which allow people to bet on nearly anything, are big business, and Meta is hoping to get in on the action, according to a new report from the New York Times. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
CBS News poll finds more oppose than favor data centers in their area
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
Science
More Science
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Crime
More Crime
Crime
Searches conducted in NYPD bribery probe
The FBI, NYPD and the U.S. Attorney's Office for the Southern District of New York carried out searches across New York City Wednesday as part of a bribery investigation into current and former members of the NYPD. The searches stem from an ongoing investigation into the conduct of former NYPD chief of department Jeffrey Maddrey, a source says. CBS News' Anna Schecter has more.
Trump-linked firm is lobbying for pardons
Mo Strategies, a firm linked to President Trump, is lobbying for pardons, according to a CBS News investigation. CBS News' Gabe Kaminsky has more.
Eric Adams' former chief of staff arrested
Frank Carone, the former chief of staff to former New York City Mayor Eric Adams, was arrested as part of a federal bribery probe, sources say. Meanwhile, the FBI and NYPD are investigating former NYPD officials for bribery. CBS News' Anna Shecter has more.
Vegas murder solved 20 years after man strangled with phone cord
DNA testing has identified a suspect in the 2005 murder of Daniel Zeisler in Las Vegas, according to a forensic lab.
TSA seizes illegal drones by World Cup arenas
Despite repeated warnings, many drone operators are allegedly violating flight restrictions near World Cup sites, the TSA says. Meanwhile, more drones are being integrated into the U.S. national airspace and military operations. Drone expert Tombo Jones joins "CBS News 24/7 Mornings" to comment on drone technology.
Space
More Space
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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
Trump meets with NATO's Mark Rutte over Iran
President Trump met with NATO Secretary General Mark Rutte, leveling criticisms against European allies for not supporting the U.S. war with Iran. CBS News' Aaron Navarro breaks down their meeting.
Preview of U.S. match against Turkey
The U.S. will take on Turkey on Thursday for the team's final match in the group stage. With two wins, they've already earned their spot in the next round. Charlie Davies, an analyst for CBS Sports Golazo Network, previews Thursday's match and breaks down the U.S. chances for the rest of the tournament.
Albania protests over luxury tourism resort
There have been weeks of protests in Albania over a luxury tourism development backed by President Trump's son-in-law Jared Kushner. The resort is set to rise in a protected area known for its natural beauty. Leigh Kiniry reports.
U.S. set for World Cup match against Turkey
The U.S. men's national team has already won their group, but they still have a chance to make history in their World Cup match against Turkey. A win on Thursday would mark the first time the team has won all three matches in the group stage. Nicole Valdes reports.
Seismologist explains Venezuelan earthquakes
The consecutive earthquakes that rattled Venezuela sent buildings crashing to the ground and killed dozens on Wednesday night. Emergency rescue crews are still searching for survivors. CBS News' Jarred Hill has the latest, and Northwestern University professor Emile Okal explains how the quakes caused so much devastation.