Stocks fall as report reveals pullback in consumer spending
Investors are uneasy as signs point to possible recession caused by Fed interest rates hikes.
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Investors are uneasy as signs point to possible recession caused by Fed interest rates hikes.
NATO leaders officially invited Finland and Sweden to join the alliance on Wednesday. Chief White House correspondent Nancy Cordes and Robert Bell, former defense adviser to the U.S. Ambassador to NATO, explain why the expansion matters on CBS News.
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
Lara Logan reports on Iraq's Christians; Are modern life's devices under China's grip? Lesley Stahl reports; then, Charlie Rose profiles astrophysicist Neil deGrasse Tyson.
Those suffering from the syndrome may be eligible for federal compensation ranging from about $140,000 to $187,000.
The automaker said the incident was under investigation but appeared to be an accident "not caused by the vehicle."
One recent case shows clearly that the app, without which people can't even go to work, could easily be exploited by a government bent on control.
By one estimate, 814 million people in China must take PCR coronavirus tests routinely just go about their daily lives. Now in Beijing, that includes kids as young as 3.
It's billed itself as "the last sunny corner on the internet," but is TikTok really a tool for China to obtain troves of data on Americans? Bill Whitaker reports.
As long as TikTok is owned by a Chinese company, national security experts say the popular video-sharing app is a risk to Americans.
There are growing concerns surrounding Taiwan's future as China's defense minister general says the country will "fight at all costs" against any country that helps the island nation gain independence from Beijing. CBS News Senior Foreign Correspondent Elizabeth Palmer joins "CBS News Mornings" with the latest developments.
A bar where, just a week ago, Chinese people reveled on the night that life returned to normal is now ground-zero of Beijing's second wave of COVID cases.
China's defense minister said the United States is trying to "hijack" the support of countries in the Asia-Pacific region to turn them against Beijing.
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
A WHO advisor laments China "still refusing to share essential raw data" and grant access to Wuhan labs. Beijing calls the lab leak theory "a lie," but says U.S. labs should be probed.
"The war could spark starvation. It could cause social unrest and political turmoil," OECD chief economist said.
America's top envoy in the nuclear standoff with the North has made it clear that Washington is taking Kim Jong Un's threats seriously, and is frustrated over China and Russia's stance.
Austin Li Jiaqi is usually easy to find, selling everything from Tom Ford underwear to ice cream on China's e-commerce sites. But on a date with deep meaning in China, he went dark.
The Shenzhou 14 mission opens a new era, establishing a permanent Chinese presence in Earth orbit.
The cause of the accident is under investigation.
The Biden administration has announced new trade initiatives with Taiwan to strengthen economic ties, focusing on supply chains, clean energy, labor rights and technology exports. Tensions between Washington and Beijing are already high after President Biden promised to defend Taiwan if it was invaded. Shelley Rigger, a political science professor at Davidson University, joined CBS News' Elaine Quijano to discuss.
Investors retreat as global crude prices jump on European Union plan to embargo most Russian oil exports.
Beijing's top diplomat is headed home without the comprehensive economic and security agreements he'd hoped for. But if the U.S. doesn't step up, he'll be back.
It came even as virus restrictions began to be eased in city, with authorities re-opening parks, museums and cinemas and declaring the outbreak under control.
President Biden has vowed to defend Taiwan if China attacks the island, comparing the situation with the Russian invasion of Ukraine. Michael Green, senior vice president for Asia, Japan Chair and Henry A. Kissinger Chair at the Center for Strategic and International Studies, joins CBS News' "Red & Blue" to discuss the president's comments and his trip to the region.
Hezbollah says Israel must withdraw forces from Lebanon and Iran strikes a ship in the Strait of Hormuz as negotiations toward a peace deal grind on.
The twin earthquakes that hit Venezuela killed almost 600 people, and that toll is likely to keep rising as frantic rescue and recovery operations ramp up.
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
An investor who employed and was close to Jeffrey Epstein is appearing before members of Congress investigating the deceased sexual abuser.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Authorities are attempting to reduce the pressure on hospitals as the city swelters under extreme heat.
President Volodymyr Zelenskyy says Ukraine will ramp up attacks on Russia in an operation "aimed at compelling it to end the war."
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
The king and Queen Camilla have decided instead to continue living at nearby Clarence House, a smaller, stately home.
Jane Pauley hosts a special program celebrating our nation's semiquincentennial, "These United States - America at 250."
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
The city of Austin agreed to a multimillion-dollar settlement to be split among four men — including to the widow and daughter of Maurice Pierce — who were wrongfully accused of murdering four teenage girls in a Texas yogurt shop.
The U.S. men's team had already clinched its spot in the Round of 32, the knockout round, with its 2-0 win over Australia on Friday.
Los Angeles building inspectors have launched an investigation into alleged unpermitted construction at a warehouse that erupted in flames last week — its second fire in two years.
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
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.
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
An investor who employed and was close to Jeffrey Epstein is appearing before members of Congress investigating the deceased sexual abuser.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
A judge on Thursday ordered the Justice Department to either release unredacted versions of several files on the late sex offender Jeffrey Epstein or explain why it can't do so.
A program for veterans, current military and first responders secured almost 5,000 free tickets for World Cup matches.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
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 is testing the use of artificial intelligence to preapprove several healthcare services.
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.
President Volodymyr Zelenskyy says Ukraine will ramp up attacks on Russia in an operation "aimed at compelling it to end the war."
An 18th-century archaeological dig uncovered a library of intact but charred scrolls. Their contents have been unreadable until recently.
Authorities are attempting to reduce the pressure on hospitals as the city swelters under extreme heat.
Hezbollah says Israel must withdraw forces from Lebanon and Iran strikes a ship in the Strait of Hormuz as negotiations toward a peace deal grind on.
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
In the lead-up to America's bicentennial in 1976, CBS aired brief segments featuring well-known figures of the time describing moments from early U.S. history. CBS News chief Washington correspondent Major Garrett introduces clips featuring legendary actors William Holden and Joseph Cotten.
The New York Times is reporting that Taylor Swift and Travis Kelce might tie the knot at Madison Square Garden. She has reportedly booked out the arena for the Fourth of July weekend, the rumored wedding date.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
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.
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.
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
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.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
IBM has raised the curtain on semiconductor technology it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
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.
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.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
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.
Luigi Mangione's attorneys discussed a potential plea agreement before negotiations fell apart, sources said. Mangione pleaded not guilty to state and federal charges after he was arrested for allegedly killing UnitedHealthcare CEO Brian Thompson in December 2024. CBS News' Lilia Luciano has the details.
The city of Austin agreed to a multimillion-dollar settlement to be split among four men — including to the widow and daughter of Maurice Pierce — who were wrongfully accused of murdering four teenage girls in a Texas yogurt shop.
An Iranian national who is wanted by the U.S. for mass hacking attacks that caused $3.4 billion in damage was arrested in Montenegro, police there say.
Terrion Arnold, a 23-year-old defensive player for the Detroit Lions and a former first-round pick and all-American at the University of Alabama, has been arrested on charges of armed robbery and kidnapping. He is denying it all. Tom Hanson reports.
Attorneys for Luigi Mangione are accusing prosecutors of trying to manipulate public opinion against him, and calling a report of a possible plea deal "troubling." CBS News' Anna Schecter has the latest.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
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.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
New York Times journalists Maggie Haberman and Jonathan Swan join "CBS Mornings" to discuss their new book, "Regime Change: Inside the Imperial Presidency of Donald Trump," and how President Trump's second term is a "fundamentally different conception of the U.S. presidency."
The U.S. gave up the tiebreaking goal to Turkey in the 98th minute of the match on Thursday. Despite the loss, the U.S. still advances to the next round. Nicole Valdes has more.
Sail 250 is a parade of dozens of tall ships and naval vessels from more than 20 nations in honor of the United States' 250th birthday. The ships make their way from New Orleans to New York Harbor for the Fourth of July weekend. Rob Marciano has more.
Sen. Bill Cassidy of Louisiana told "Face the Nation" moderator Margaret Brennan that President Trump "was berating" the senators who supported the Iran war powers resolution during a meeting. "Frankly, I'm not there to be berated," Cassidy said. CBS News' Ed O'Keefe reports.
Tennis champion Serena Williams will go up against 20-year-old Maya Joint of Australia in her first match of the Wimbledon tournament. The Athletic's Matt Futterman joins "CBS Morning News" to discuss.