Investors suffered their worst first half of a year since 1970
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
Economy
Biden claims U.S. inflation rate lower than other nations
President Biden Thursday said the U.S. is better positioned to deal with inflation than any other nation in the world. David Nelson, chief strategist of Belpointe Asset Management, joins CBS News' Ben Tracy to discuss the state of the economy.
Stocks fall as report reveals pullback in consumer spending
Investors are uneasy as signs point to possible recession caused by Fed interest rates hikes.
Ben & Jerry's objects to sale of its ice cream in West Bank
Sale means brand will return to Israel and West Bank — with or without Vermont ice cream maker's support.
Key inflation gauge rose 6.3% in May, unchanged from April
Despite added jobs and higher wages "Americans are running faster just to stay even," said one economist.
Texans view state's economic growth as good but feel higher prices' pinch
Most Texans are having to drive less and cut back on spending.
Strength of ruble could hurt Russian businesses, official warns
"The profitability of many industries ... has become negative at the current exchange rate," says minister of economic development.
The Chairman, ACLU, Genetic Revolution
Fed Chair Jerome Powell is asked if the Fed is done raising interest rates and whether or not he thinks President Trump can fire him; then, the ACLU's surprising new political strategy, modeled in part after the NRA; and, could gene therapy cure sickle cell anemia?
Stocks fall as inflation fears continue to grip investors
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
Campaign 2012
In separate interviews, President Barack Obama and his challenger, Republican presidential candidate Mitt Romney, discuss the election year's hot button issues. Steve Kroft interviews Obama. Scott Pelley interviews Romney.
Poll: Most disagree with Roe v. Wade reversal
CBS News polling finds a majority of Americans disapprove of the Supreme Court's decision to overturn Roe v. Wade. Surveys also find many Americans are pessimistic about the state of the U.S. economy. CBS News executive director of elections and surveys Anthony Salvanto has more.
6/27: CBS News Mornings
Supreme Court abortion ruling sparks nationwide protests; Amid inflation concerns, many are stockpiling U.S. currency
Russia defaults on its foreign debt, White House says
Western sanctions have damaged Russia's economy and spurred many foreign companies to exit the country.
Face The Nation: Aguilar, Short, Malpass
Missed the second half of the show? The latest on abortion rights in America, Jan. 6 court hearings with Democratic Rep. Pete Aguilar, and debt crisis with World Bank president David Malpass.
Full interview: World Group Bank President David Malpass on "Face the Nation"
Watch the full version of an interview with David Malpass, president of the World Bank Group, that aired June 26, 2022, on “Face the Nation with Margaret Brennan.”
World Bank president says global economy is in a "sharp slowdown"
David Malpass, World Bank Group president, said on "Face the Nation" that there is a debt crisis for developing countries and more are filling into crisis "one by one."
4/5: CBS News Mornings
Ukraine's president accuses Russia of genocide; Several states sue Biden admin. for reversing Trump-era measure
2/20: Face The Nation
This week on "Face the Nation," with the stakes at their highest in the Ukraine-Russia crisis, we speak to all sides of the conflict: Secretary of State Antony Blinken, NATO Secretary General Jens Stoltenberg and both the Russian and the Ukranian ambassadors to the U.S.
2/13: Face The Nation
This week on "Face the Nation," White House national security adviser Jake Sullivan joins Margaret Brennan to discuss what America's response will be if Russia invades Ukraine, which U.S. officials believe President Vladimir Putin is planning to do. Plus, a conversation with New Jersey Governor Phil Murphy on why blue states are now leading the charge to lift COVID restrictions.
3/6: Face The Nation
This week on "Face the Nation," we’ll have full coverage of Russia’s invasion of Ukraine and talk to the voices directly involved in the conflict for perspective on what happens next. We're joined by Secretary of State Antony Blinken, Ukrainian Ambassador to the U.S. Oksana Markarova, U.N. High Commissioner for Refugees Filippo Grandi and more.
Expectations negative as views of economy, finances worsen — CBS News poll
Most Americans expect a slowdown or a recession in the coming year.
6/16: CBS News Mornings
Federal Reserve looking to slow spending amid record inflation; U.S. veterans who fought for Ukraine may have been captured
6/13: CBS News Mornings
House Jan 6. committee holding second hearing; New Jersey gas tops $5 for first time
This week on "Face the Nation with Margaret Brennan," June 26, 2022
Michigan Gov. Gretchen Whitmer, former White House official Marc Short and more appear on "Face the Nation with Margaret Brennan" this Sunday.
Stocks jump, with Wall Street on track for rare winning week
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
Russia targets Kyiv with deadly strikes ahead of Trump-Zelenskyy meeting
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Winter storm snarls thousands of flights. Maps show the latest forecast
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
African regional bodies reject Israel's recognition of Somaliland
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
Brigitte Bardot, 1960s cinema icon and animal rights activist, dies at 91
At the height of a cinema career that spanned some 28 films and three marriages, Brigitte Bardot came to symbolize a nation bursting out of bourgeois respectability.
Dad uses cell phone data to rescue missing daughter, police say
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
Ski patrol strike shuts down Colorado's popular Telluride resort indefinitely
The Telluride Ski Resort in Mountain Village, Colorado, was shuttered Saturday, with no date set for reopening, due to a labor dispute with the ski patrol union over wages.
Gas line explosion shuts down major Southern California freeway
Several lanes of the 5 Freeway were closed and a shelter-in-place order was issued to residents in Castaic, California, after a gas line ruptured on Saturday.
Michigan hires former Utah coach Kyle Whittingham to lead the Wolverines
The university fired ex-coach Sherrone Moore on Dec. 10 for having an "inappropriate relationship" with a female staffer.
Rescuers search for soccer coach, children after boat sinks in Indonesia
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
U.S.
More U.S.
Book excerpt: "Black Moses" by Caleb Gayle
The award-winning journalist's latest book recounts the rise of Edward McCabe, an activist who, during Reconstruction, lobbied for a Black-governed state in the Oklahoma Territory.
Man says wife was killed by pipe coming through car windshield
Todd Kendhammer said his wife Barbara was killed in a freak accident, but a Wisconsin jury didn't believe him. Can his new attorneys upend the case with what they say is critical new evidence?
Man charged with fatal shooting of woman during backyard target practice
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Jeffrey R. Holland, next in line to lead Mormon church, dies at 85
Jeffrey R. Holland was next in line to lead the Mormon church under a long-established succession plan.
Boy with autism, 6, rescued from pond 15 months after similar incident
The boy, identified by police as Coco, was found in chest-deep waters but was not injured.
MoneyWatch
More MoneyWatch
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
U.S. stocks hover at record highs after the Christmas holiday
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Here's what is open on the day after Christmas, from retailers to banks
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
5 money moves to make in 2026, according to financial experts
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Politics
More Politics
Trump calls for release of any Epstein files naming Democrats: "Embarrass them"
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt announces she is pregnant with her second child
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
Veterans Affairs Department reimposing near total abortion ban
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
U.S. launches strikes on ISIS targets in Nigeria, Trump says
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
HealthWatch
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HealthWatch
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
World
More World
1,000-pound U.S.-made WWII bomb found in Belgrade construction site
Unexploded bombs dating back to past wars have been discovered in Serbia and around the world in recent years.
Brigitte Bardot, 1960s cinema icon and animal rights activist, dies at 91
At the height of a cinema career that spanned some 28 films and three marriages, Brigitte Bardot came to symbolize a nation bursting out of bourgeois respectability.
Rescuers search for soccer coach, children after boat sinks in Indonesia
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
African regional bodies reject Israel's recognition of Somaliland
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
Russia targets Kyiv with deadly strikes ahead of Trump-Zelenskyy meeting
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Entertainment
More Entertainment
The Book Report: Ron Charles' picks from 2025
The Washington Post book reviewer offers "Sunday Morning" viewers his picks for fiction and non-fiction titles to add to their New Year's reading lists.
The Book Report: Ron Charles' books of the year for 2025
The Washington Post book reviewer offers "Sunday Morning" viewers his picks for fiction and non-fiction titles to add to their New Year's reading lists.
Book excerpt: "Guilty by Definition" by Susie Dent
This debut novel is a mystery in which a dictionary editor at Oxford turns to word-sleuthing in order to unravel a family member's long-ago disappearance.
How one photographer takes refuge in Paris
Peter Turnley, an American and French photographer known for documenting the human condition, finds comfort in Paris. His new book "PARIS Je t'aime" showcases 50 years of photographs from his favorite city.
Samara Joy performs "Now And Then (In Remembrance Of...)"
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Now And Then (In Remembrance Of...)."
Technology
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Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
More Science
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
More Crime
Man says wife was killed by pipe coming through car windshield
Todd Kendhammer said his wife Barbara was killed in a freak accident, but a Wisconsin jury didn't believe him. Can his new attorneys upend the case with what they say is critical new evidence?
Man charged with fatal shooting of woman during backyard target practice
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Dad uses cell phone data to rescue missing daughter, police say
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
What's next on the Epstein files release?
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Two police officers injured, suspect killed during child custody exchange
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
Space
More Space
Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
More Latest Galleries
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
The Book Report: Ron Charles' books of the year for 2025
The Washington Post book reviewer offers "Sunday Morning" viewers his picks for fiction and non-fiction titles to add to their New Year's reading lists.
Mystery on County Road M
Todd Kendhammer says his wife was killed in an accident -- a pipe flew off a truck and crashed into their car. Authorities say the scene was staged. "48 Hours" correspondent Erin Moriarty reports.
Perry Bamonte, member of The Cure, dies at 65
Perry Bamonte, a guitarist and keyboardist for the alternative rock band The Cure, died at his home in England following a "short illness," the band announced Friday. He was 65.
U.S. could turn to South Korea for a vital mineral
Nestled deep in the mountains of South Korea, in a remote part of the country's east, is one of the world's largest deposits of tungsten, a critical mineral the U.S. desperately needs for its defense. As Anna Coren shows, a newly reopened mine in South Korea could soon fill that need.
Trump establishing a hard line on foreign policy
During his first year back in power, President Trump has used American military might to send messages to adversaries abroad. On Christmas Day, Mr. Trump ordered a strike on ISIS militants in Nigeria, which came about one week after the U.S. also struck ISIS targets in Syria. Willie James Inman reports from Mar-a-Lago.