California billionaire tax secures enough signatures to make ballot
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Watch CBS News
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Billionaire philanthropist David Rubenstein joins Major to discuss the transfer of power in the White House and the impact "the Trump effect" has on American politics on this week's episode of "The Takeout with Major Garrett."
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Newspapers announced John D. Rockefeller as the first U.S. billionaire 109 years ago. Today there are more than 900 American billionaires.
Cory Booker suspended his campaign for president this week, dropping the number of Democratic candidates for president down to 12. Tuesday, Booker joined "CBS This Morning" answering questions about the lack of diversity among the remaining candidates, Elizabeth Warren and Bernie Sanders' war of words, and the state of discourse in the country.
The billionaire philanthropist talks with John Dickerson on America's need for a lesson on history and the hardest parts of the office of the president.
Former New York City Mayor Michael Bloomberg made his first campaign appearance of the 2020 presidential race in Virginia on Monday, and he is already facing attacks from his Democratic rivals. Scott Detrow, a political correspondent for NPR, and Dan Balz, chief correspondent for the Washington Post, spoke to CBSN's "Red & Blue" about where the billionaire fits into the race.
She is rich, powerful, and notoriously pushy. Leona Helmsley, married to real estate baron Harry Helmsley, is known as much for her attitude as for her chain of hotels. Mike Wallace interviews the businesswoman who rules her empire with a jeweled fist.
When he discovered the wine he paid $400,000 for was not really owned by Thomas Jefferson, billionaire Bill Koch spent $35 million to investigate and confront the fraudsters
From PayPal to electric cars to rockets, billionaire entrepreneur Elon Musk wants his company, SpaceX, to build America's next manned spacecraft
The billionaire hedge fund manager says his guidelines are the key to his company's success. But do employees really want "radical truthfulness"?
Billionaire investor Warren Buffett announced that he intends to step down as CEO of the empire he built at the end of 2025. He tapped Vice Chair Greg Abel as his successor. Jo Ling Kent reports.
President Biden warned of the rise of an oligarchy in his farewell address, comparing influential billionaires of today to the "robber barons" of 100 years ago. American historian H.W. Brands discusses their influence over government and the American way of life in the 19th century.
Once President-elect Donald Trump takes office in January, an unprecedented number of billionaires will make up his incoming administration. Axios national politics reporter Sophia Cai joins "The Daily Report" to discuss why it is a "big concern."
Prosecutors in Italy say they've launched a manslaughter investigation after a superyacht carrying British tech tycoon Mike Lynch sank off the coast of Sicily. Divers on Friday recovered the final missing body, days after the shipwreck.
The celebrations of Anant Ambani marrying Radhika Merchant took place at the Ambani-owned Jio World Convention Centre in Mumbai and the family home.
Ohio billionaire Larry Connor said he wants to prove that the imploded Titan sub "was a contraption" and that the ocean can be "kind of life-changing if you go about it the right way."
The U.S. has a record 813 billionaires — the most of any country.
Billionaire investor Mark Cuban joins "CBS Mornings" to discuss his new online pharmacy's goals of disrupting the prescription drug industry and providing low-cost generic drugs.
Cuban has appeared on "Shark Tank" since 2011 as a permanent investor, or "shark."
Sam Bankman-Fried's trial came to an end Thursday with the jury finding him guilty on all charges, including fraud, conspiracy and money laundering. CBS News national correspondent Errol Barnett was in court as the verdict was read.
The billionaire is accused of giving confidential stock tips to friends, employees and private pilots.
The story, broken by ProPublica, says Alito accepted a luxury vacation from a conservative billionaire with frequent business before the court. In an op-ed for The Wall Street Journal, Alito denied violating an ethics law. Scott MacFarlane reports.
In a previous interview with "60 Minutes," Gates said, "I probably have one of the highest greenhouse gas footprints on the planet" and that his "personal flying alone is gigantic."
Peter Buck planned to give his share of Subway to the foundation more than a decade ago.
"This is considered the world's most luxurious plane," the president said in front of the enormous new jet.
The federal government awarded a company owned by a Trump donor $1.7 million to install a new water cleaning system for the Lincoln Memorial Reflecting Pool, records show.
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
The Trump administration told a federal judge that the Kennedy Center is still weighing whether to offer a full slate of performances or more limited programming over the coming months.
Israel and Hezbollah have reached a Lebanon ceasefire agreement after their fighting delayed progression of the U.S.-Iran deal, a diplomat tells CBS News.
In front of a roaring Seattle crowd, the U.S. men's soccer team on Friday defeated Australia in its second World Cup match, clinching a spot in the Round of 32 in the process.
At least one person was killed and dozens more were injured after two trains collided north of London on Friday, British officials said.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
One person was killed and several others were hurt when a fire broke out at a luxury beach resort in the Dominican Republic on Friday, local officials said.
The Trump administration told a federal judge that the Kennedy Center is still weighing whether to offer a full slate of performances or more limited programming over the coming months.
In 2022, at the age of 14, Dylan Mwaniki was diagnosed with Stage 4 kidney cancer. Four years later, he graduated from high school.
In front of a roaring Seattle crowd, the U.S. men's soccer team on Friday defeated Australia in its second World Cup match, clinching a spot in the Round of 32 in the process.
A judge on Friday cleared the way for the DOJ to disclose former President Joe Biden's conversations with his biographer to the Heritage Foundation. Later in the day, she blocked the release for three weeks.
The Altoids were a callback to a viral moment between former first lady Michelle Obama and former President George W. Bush.
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
Matthew Ankrum wanted to build wealth for his daughters and teach them about financial stability. A new book shares how.
Juneteenth will affect banking, mail service and financial markets, although retailers and restaurants are largely staying open.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
The Trump administration told a federal judge that the Kennedy Center is still weighing whether to offer a full slate of performances or more limited programming over the coming months.
The federal government awarded a company owned by a Trump donor $1.7 million to install a new water cleaning system for the Lincoln Memorial Reflecting Pool, records show.
A judge on Friday cleared the way for the DOJ to disclose former President Joe Biden's conversations with his biographer to the Heritage Foundation. Later in the day, she blocked the release for three weeks.
The Altoids were a callback to a viral moment between former first lady Michelle Obama and former President George W. Bush.
"This is considered the world's most luxurious plane," the president said in front of the enormous new jet.
Steve Hartman goes "On the Road" with a story of a teen battling for his life and the doctor who made him a promise.
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
In the "CBS Mornings" series "Pushing the Limits," Mark Strassmann shows how a Georgia man's passion for music was almost taken away from him forever after a terrible accident. But thanks to his resilience and technology, the man is now a record-breaking drummer.
One person was killed and several others were hurt when a fire broke out at a luxury beach resort in the Dominican Republic on Friday, local officials said.
In front of a roaring Seattle crowd, the U.S. men's soccer team on Friday defeated Australia in its second World Cup match, clinching a spot in the Round of 32 in the process.
At least one person was killed and dozens more were injured after two trains collided north of London on Friday, British officials said.
Dawa Sherpa was airlifted to Kathmandu, where doctors treated him for frostbite, severe dehydration and a fractured thigh bone.
Trump has appeared during the Iran war to lose patience with Israeli Prime Minister Benjamin Netanyahu, who may now find himself "stuck."
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
Husband and wife duo Michael and Tanya Trotter, known as "The War and Treaty," talk to "CBS Mornings" about their new music, major collaborations, including with Whoopi Goldberg, and how they came up with their band's name.
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Many people are spending more time on screens, but also doing more physical activities, a new CBS News poll finds.
Myles Smith's career skyrocketed after his hit song "Stargazing" became the biggest song by a U.K. artist worldwide in 2024. Now, he's releasing his debut album, "My Mess, My Heart, My Life," on June 19. Myles Smith joins "CBS Mornings" to discuss his rapid rise to stardom, his first album and his experience touring with Ed Sheeran.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
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.
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Lawyers for Luigi Mangione have withdrawn their plan to pursue a psychiatric defense in his New York state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal contributor Jessica Levinson breaks down the decision.
Actress Emaa Hussen, who played alongside Jason Statham in "Redemption," is accused of trying to smuggle 700 pounds of methamphetamine into Australia.
A CBS News analysis of the released Epstein files shows what documents appear to be absent. CBS News' Vlad Duthiers has more on the search for answers surrounding the case against convicted sex offender Jeffrey Epstein.
In a stunning reversal, Luigi Mangione's defense team for his New York state trial has announced it will no longer pursue a psychiatric defense. CBS News legal contributor Caroline Polisi joins with more insight.
Nancy Napoles denied the accusation and said she was willing to cooperate with authorities to clarify what happened.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump's multi-million dollar makeover of the Lincoln Memorial Reflecting Pool is not going swimmingly. CBS News' Mark Strassmann reports.
The New York Times reports some singles are turning to fitness dating apps to find a relationship. Danielle Friedman, a contributor for the Times who wrote the piece, joins "The Daily Report" to discuss.
With a memorandum of understanding in place between the U.S. and Iran, "The Daily Report" takes a look at where things stand on some of the goals the Trump administration laid out for the conflict. CBS News' Sam Vinograd also joins with analysis.
One person was killed and several others were hurt in a massive fire at a luxury beach resort in the Dominican Republic on Friday, local officials said.
Warning: Graphic video. Two passenger trains collided Friday in Bedford, England, outside of London. At least one person was killed and 89 others were injured, officials said.