IRS has recovered $1.3 billion in unpaid taxes from rich Americans
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
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The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Walt Disney Co. pulled ESPN, its Disney network and ABC stations from DirecTV's service, a move that came on a busy sports night.
DirecTV customers can qualify for a $20 credit after the Walt Disney Co. pulled ESPN, Disney and other networks from the service.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
The CDC says this is the largest listeriosis outbreak since 2011.
For the first time, Consumer Reports evaluated the reliability of cars aged five to 10 years across 26 brands. Their study identified the top 10 used car models. Alex Knizek, associate director of auto test development, joins "CBS Mornings" to discuss the findings.
Two of the biggest U.S. grocery chains want to merge. The feds are determined to block the deal, saying it would harm consumers.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
Two of the nation's largest supermarket chains are joining forces in one of the biggest ever grocery industry mergers.
Pumpkin spice is a huge market in the U.S., with flavors dating back to the colonial era and a spice mix first sold in the 1930s.
Americans will soon be able to negotiate how much they want to pay realtors in commission as part of a National Association of Realtors settlement with a nationwide group of homeowners. Medora Lee, a money and personal finance reporter with USA Today, joins CBS News with more details.
Lawsuit alleges GM is signing up car owners for its OnStar system without notifying them that data is being sold to insurers.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
In today's MoneyWatch, a potential game-changer for parents: Congress is considering a significant expansion of the child tax credit, which could mean increased savings or larger tax refunds for families. CBS News business analyst Jill Schlesinger has more.
A major tax package that would bolster the popular Child Tax Credit and cut taxes for businesses failed to advance in the Senate on Thursday in the face of widespread Republican opposition.
Zombie debt refers to long-forgotten or old debts that resurface, often with accumulated interest and fees, threatening the financial stability of unsuspecting homeowners and sometimes leading to foreclosures. CBS News national consumer correspondent Ash-har Quraishi reports.
Teresa modified her home mortgage back in 2009 during the financial crisis, and thought she was making payments on her second mortgage every month. She's discovered she's overdue on thousands of payments for this "zombie debt," and fears losing her home.
Jose Arzate of Santa Maria, California, says he was taken by surprise when sheriff's deputies evicted him. He says he never knew he owed tens of thousands of dollars in "zombie mortgage" debt.
Laverne Simmons of Inglewood, California, says she never got bills for a decade-old debt. Now this "zombie mortgage" could cost her the home she loves.
Nike on Friday saw its stock prices plummet 20% after the company warned its current quarter sales would see a steep decline. Hope King, a senior business reporter for Axios, joined CBS News to discuss what has led to the falloff for the shoemaker.
A cyberattack on a company that provides software for thousands of car dealers in North America says it's a "ransom event." The hack on CDK Global happened last week and is still disrupting about 15,000 car sellers who depend on the company's software to run their businesses. CBS News MoneyWatch reporter Megan Cerullo has more.
Portable battery chargers recalled after 120 reports of the product overheating, safety watchdog warns.
Roughly 90% of Black women have used relaxers at some point in their lives to chemically straighten their hair. New reporting in The New York Times Magazine highlights the severe and often unknown health risks these products can pose. Linda Villarosa, contributing writer for The New York Times Magazine and the report's author, joins CBS News to unpack her findings.
Boeing CEO David Calhoun tells a Senate hearing his company's culture is "far from perfect" amid new whistleblower allegations.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
More than 1,000 people, including many Americans, are still missing along the Nepal-China border after deadly floods and mudflows likely triggered by a glacial collapse.
Lindsay Clancy, 36, has pleaded not guilty to first-degree murder in the deaths of her three children and said she was suffering form postpartum psychosis. A jury is deliberating.
As U.S. economic pressure bites, Iran touts a plan with Oman to get ships moving through the Strait of Hormuz and suggests the next move is Trump's.
The Kennedy Center's board of trustees voted earlier this month to add inscriptions recognizing President Trump to the building's facade.
The plaintiffs say the Trump administration is trying to fire them as a part of its "extraordinary censorship efforts."
The executive order directs the Interior Department to update the Geographic Names Information System, changing the name of Lake Ontario to Lake America.
Toronto Mayor Olivia Chow told CBS News that around 5,000 jobs in Toronto's textile, clothing and leather manufacturing industries could be affected, which "means the price of Americans buying things, the cost will go up."
ICE has granted a $16.7 million no-bid contract for 6,000 gloves that can deliver electric shocks, a new use-of-force tool that the agency claims will help officers control resisting detainees.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Abdul El-Sayed, the Democratic nominee in Michigan's U.S. Senate race, says now is the time for Democrats to work together ahead of the 2026 midterm election.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Both sides have rested in the murder trial of Duane "Keffe D" Davis, who prosecutors allege orchestrated the 1996 murder of Tupac Shakur.
The NTSB said tower recordings show controllers never heard Marine One's Aug. 4 calls warning it was preparing to take off, though separate recordings confirm the calls were made.
"She told me recently that if there was no hope for her, she would still allow her medical team to try experimental drugs in the hope of helping others in the future," Stella Parton said in a Facebook post.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
The latest GTA game is scheduled to drop on Nov. 19, more than 13 years after the last installment was released.
A lawyer for Federal Reserve Governor Lisa Cook said she "has never committed mortgage fraud or any intentional wrongdoing."
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
In a nearly 6,000-word essay, Gates argues that artificial intelligence poses a mounting threat to U.S. workers.
A federal judge on Thursday temporarily blocked the U.S. Postal Service from enforcing its new requirements for mail voting for the November midterm elections.
Abdul El-Sayed, the Democratic nominee in Michigan's U.S. Senate race, says now is the time for Democrats to work together ahead of the 2026 midterm election.
ICE has granted a $16.7 million no-bid contract for 6,000 gloves that can deliver electric shocks, a new use-of-force tool that the agency claims will help officers control resisting detainees.
The NTSB said tower recordings show controllers never heard Marine One's Aug. 4 calls warning it was preparing to take off, though separate recordings confirm the calls were made.
Toronto Mayor Olivia Chow told CBS News that around 5,000 jobs in Toronto's textile, clothing and leather manufacturing industries could be affected, which "means the price of Americans buying things, the cost will go up."
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Dr. Laura Cox, an assistant professor at Brigham and Women's Hospital and Harvard Medical School, explains how our dietary patterns play a significant role in our gut and long-term brain health.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
Toronto Mayor Olivia Chow told CBS News that around 5,000 jobs in Toronto's textile, clothing and leather manufacturing industries could be affected, which "means the price of Americans buying things, the cost will go up."
The deadly flash flood in Nepal was likely caused by a huge chunk of a glacier that broke off and temporarily dammed a river, according to preliminary investigations by scientists.
UEFA said it is preparing a criminal complaint in Swiss courts against FIFA's Gianni Infantino over possible financial mismanagement related to his failed plan to sell future World Cup profits to private investors.
The Bosnian Serb general oversaw atrocities in Bosnia in the 1990s. He was sentenced to life in prison in 2017.
The treasure was discovered in 1963 by archaeologist Jose Maria Soler in a vessel sunk in a dried-out riverbed in Villena.
Netflix is sharing a look at the highly anticipated video game Grand Theft Auto VI, set to be released in November. Jordan Minor, a gaming writer at PCMag and author of "Video Game of the Year," joins "The Daily Report."
Nashville historian David Ewing joins "The Daily Report" to break down how Dolly Parton used her royalties from Whitney Houston's rendition of "I Will Always Love You" to uplift the Black community in the city.
Both sides have rested in the murder trial of Duane "Keffe D" Davis, who prosecutors allege orchestrated the 1996 murder of Tupac Shakur.
"She told me recently that if there was no hope for her, she would still allow her medical team to try experimental drugs in the hope of helping others in the future," Stella Parton said in a Facebook post.
The latest GTA game is scheduled to drop on Nov. 19, more than 13 years after the last installment was released.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
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.
A series of lawsuits accused tech giant Meta of purposefully designing social media apps to entice users and cause social media addiction. Meta will pay out $17 billion in a landmark settlement. CBS News' Jarred Hill reports.
Meta's multi-billion dollar settlement with 47 states over social media addiction could result in some major changes to social media rules, especially for children. Nicholas Thompson, CEO of The Atlantic, joins with more.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Jurors began deliberations in Lindsay Clancy's murder trial on Thursday after the prosecution and defense wrapped closing arguments. Boston criminal defense attorney and legal analyst Elyse Hershon joins CBS News to discuss.
The judge in Lindsay Clancy's trial directed jurors to consider lesser criminal charges in addition to first-degree murder as deliberations began on Thursday. CBS News legal contributor Jessica Levinson has more.
What started with the theft of a luxury sailboat near the foot of Manhattan ended with a deadly police shootout in Rhode Island. Tom Hanson has the details.
Both sides have rested in the murder trial of Duane "Keffe D" Davis, who prosecutors allege orchestrated the 1996 murder of Tupac Shakur.
Lawyers made their closing arguments in Lindsay Clancy's trial on Thursday. The prosecution argued that she not only killed her three young children, but planned the murder and knew it was wrong. The defense called Clancy a woman who lived for her children and had been crying out for help that never came. Shanelle Kaul has more from the Massachusetts courthouse and Caroline Polisi breaks it down.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
The Kennedy Center Board, made up of President Trump and his allies, is again fighting to display Mr. Trump's name on the building's facade. CBS News Justice Department reporter Jake Rosen has the latest on Thursday's court hearing.
Jurors began deliberations in Lindsay Clancy's murder trial on Thursday after the prosecution and defense wrapped closing arguments. Boston criminal defense attorney and legal analyst Elyse Hershon joins CBS News to discuss.
Tyler Dragon, an NFL reporter at USA Today, joins "The Daily Report" to break down what to expect from the upcoming football season.
Netflix is sharing a look at the highly anticipated video game Grand Theft Auto VI, set to be released in November. Jordan Minor, a gaming writer at PCMag and author of "Video Game of the Year," joins "The Daily Report."
The judge in Lindsay Clancy's trial directed jurors to consider lesser criminal charges in addition to first-degree murder as deliberations began on Thursday. CBS News legal contributor Jessica Levinson has more.