OPEC and Russia slash oil production in bid to boost prices
In a move that could drive up gas prices, the oil cartel will cut production by 2 million barrels per day starting in November.
Economy
9/14: Red and Blue
Indication of lasting inflation worries Americans; White House steps in amid potential railroad workers strike.
Inflation, economy top priorities in Arizona midterm
The races for Arizona's new governor, senator and secretary of state are heating up, with just five weeks until election day. New CBS polling shows inflation and the economy are top voter priorities, while election security and abortion are still top of mind for candidates. Ed O'Keefe reports from Tempe.
U.S. starts fiscal year with record $31 trillion in debt
Nation is edging closer to statutory debt ceiling of $31.4 trillion. "We are addicted to debt," one expert said.
5/1: Face The Nation
This week on "Face the Nation with Margaret Brennan," we'll have the latest on Ukraine with Samantha Power, the head of the U.S. Agency for International Development, and Virginia Democratic Sen. Tim Kaine. Then we'll hear from Illinois Rep. Adam Kinzinger; Dr. Paul Burton, the chief medical officer at Moderna; and Dr. Deborah Birx, the COVID-19 response coordinator during the Trump administration.
7/17: Face The Nation
This week on “Face the Nation with Margaret Brennan,” with inflation now hitting over 9%, we have a string of guests to talk about the state of the American economy as experts fear a recession is coming. Plus, more on the subpoena to the U.S. Secret Service sent by the House select committee investigating the Jan. 6 attack on the U.S. Capitol with member Rep. Adam Kinzinger.
Half of Americans say upward mobility is out of reach today
Most people say it's harder to own a home or raise a family these days, crimping their standard of living.
Recession fears are growing across Europe
Fears of a recession are growing across Europe. CBS News anchors Anne-Marie Green and Vladimir Duthiers spoke with Rick Newman, senior columnist for Yahoo Finance and author of "Rebounders, How Winners Pivot From Setback to Success," about the impact a European recession could have on the U.S. economy.
U.S. job openings sink in August, suggesting hiring pullback
Sharp drop in job openings will be welcomed by Fed Reserve as it pushes to raise unemployment to cool inflation.
CBS Mornings Deals: Items designed to save money and simplify life
Discover this week's exclusive deals on items designed to help save money and make life a little easier
S&P 500 enjoys its biggest gain since July
Stocks start October on a high note after coming off their worst month since COVID-19 crashed financial markets.
Holiday shopping starts early amid inflation
It can be hard to believe we're talking the holidays already – but it could save some big bucks to start shopping early this year. High inflation and rising interest rates don't have to also mean soaring holiday spending. Nancy Chen has more.
Stocks sink to new low for 2022 as recession fears mount
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
Cubans suffer as power outage caused by Hurricane Ian drags on
Ivette Garrido hurried last week to get the 13 pounds of subsidized chicken allotted to her family by Cuba's government and put it in the freezer, happy to have meat to get through Hurricane Ian.
Stocks plunge to lowest levels since 2020 on aggressive rate hikes
Investors continue to worry that Fed could hit brakes on economy too hard and cause a recession.
Porsche shares quick off the line in mega-IPO
Investors eager to get slice of luxury automaker, boosting its stock in first day as a public company.
Hurricane Ian's impact on stocks
The stock market finished with substantial gains on Wednesday despite Hurricane Ian making landfall in Florida. CBS News anchors Tanya Rivero and Lana Zak speak with Kristin Myers, editor-in-chief of The Balance, about the impact the storm could have on the economy.
Rising mortgage rates drive up demand to rent
Average U.S. rent costs have fallen for the first time since 2020. Nest Seekers International chief economist Erin Sykes joined CBS to discuss what's driving the trend and what renters can expect.
In the Biden economy, Trump-voting counties pull ahead on jobs
Yet tight labor markets in Republican-leaning states may be contributing to higher inflation there, a new report found.
3/11: CBSN AM
Biden to sign $1.9 trillion relief bill; Private island for sale in the Bahamas
North Carolina senate race heats up
Abortion access and the economy are emerging as top issues in the race for North Carolina's open Senate seat, which pits Democrat Cheri Beasley against Republican Rep. Ted Budd. CBS News political correspondent Caitlin Huey-Burns is in Raleigh with a look at how the race is shaping up.
Medicare premiums will drop next year. Here are the savings.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
First-time homebuyers priced out
Once ubiquitous "starter homes" have been disappearing from the U.S. market. Joseph Gyourk, a professor at the Wharton School of Business, joins CBS News to discuss the rising costs and shortage of affordable homes.
Federal Reserve hikes interest rate again
The Federal Reserve raised interest rates by three-quarters of a percentage point for the third consecutive time this year in an effort to curb inflation. CBS News business analyst Jill Schlesinger explains what's behind the move and what we should expect going forward.
Investors react to bear market fears
The Dow has given investors further confirmation that it is in a bear market. CBS News' Lana Zak and Lilia Luciano speak with Neil Irwin, chief economic correspondent for Axios, on what those concerns could mean for Americans' financial interests.
Trump admin. touts its transparency. Yet few Iran war details have been shared.
The Trump administration is offering the public less information about the Iran war and its direction, even as the costs continue to mount.
Sen. Moreno says ex-son-in-law Max Miller shouldn't serve in Congress
GOP Sen. Bernie Moreno of Ohio said his former son-in-law, Rep. Max Miller, shouldn't serve in Congress amid swirling abuse claims, as Miller vowed to stay in the race for another term and strongly denied all allegations of misconduct.
Exclusive
ICE detentions set Trump-era high in July, as immigration crackdown widens
Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown.
Live
Trump calls off attack on Iran subject to peace deal being "rapidly" reached
President Trump announced Saturday night that he will cancel a pending attack on Iran after he indicated that a rough framework of a peace deal had been reached.
Twin Falls In-N-Out shooting suspect identified after 3 killed, 7 wounded
The suspect, identified as 24-year-old Chad Williams, died from a self-inflicted gunshot wound, police said.
What's behind the $4B funding cut for California's high-speed rail?
Records reveal California twice missed deadlines to buy the trains at the center of a federal funding fight — then quietly dropped its lawsuit weeks after missing its new deadline.
Sen. Mark Kelly: Trump "has to try to figure out a way out of" Iran war
Democratic Sen. Mark Kelly also voiced concerns about the Pentagon's funding requests, calling the approach "irresponsible — and now they want a blank check."
Fast-moving wildfires in Washington state prompt evacuations
There were three fires in the Spokane area: the Old Trails Fire, the Fairview Fire and the Meadowview Fire.
Spain's Ceuta grapples with aftermath of border surge
Dozens died, and the tiny enclave of Ceuta was thrown into chaos earlier this week after a rush of migrants entered from Morocco.
U.S.
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Rep. Marcy Kaptur hospitalized after "hit-skip crash" in Toledo, police say
Democratic Rep. Marcy Kaptur's office said the congresswoman was a passenger and she was on her way to a church service when her vehicle was struck on Sunday.
Sen. Moreno says ex-son-in-law Max Miller shouldn't serve in Congress
GOP Sen. Bernie Moreno of Ohio said his former son-in-law, Rep. Max Miller, shouldn't serve in Congress amid swirling abuse claims, as Miller vowed to stay in the race for another term and strongly denied all allegations of misconduct.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 2, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Democratic Sen. Mark Kelly and Republican Rep. Mike Turner join Margaret Brennan.
Rep. Turner says infrastructure should be "hardened" as U.S. probes water cyberattack
GOP Rep. Mike Turner of Ohio said critical infrastructure assets "need to be hardened" as investigators are probing whether Iranian hackers are behind malicious cyber activity that affected technology at water systems in U.S. states last week.
Exclusive
ICE detentions set Trump-era high in July, as immigration crackdown widens
Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown.
MoneyWatch
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Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
Flights canceled as WestJet flight attendants strike over pay dispute
WestJet canceled more than 300 flights as of early Sunday, snarling travel plans in Canada in the middle of a three-day weekend.
Nearly 1 in 4 Americans want CEOs to "stop being greedy," survey finds
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
Families sue Meta, Snapchat, TikTok, YouTube over deaths of 4 teens
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
New York sues Kalshi, alleging it enables illegal gambling
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
Politics
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Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
Rep. Marcy Kaptur hospitalized after "hit-skip crash" in Toledo, police say
Democratic Rep. Marcy Kaptur's office said the congresswoman was a passenger and she was on her way to a church service when her vehicle was struck on Sunday.
Sen. Moreno says ex-son-in-law Max Miller shouldn't serve in Congress
GOP Sen. Bernie Moreno of Ohio said his former son-in-law, Rep. Max Miller, shouldn't serve in Congress amid swirling abuse claims, as Miller vowed to stay in the race for another term and strongly denied all allegations of misconduct.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 2, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Democratic Sen. Mark Kelly and Republican Rep. Mike Turner join Margaret Brennan.
Transcript: Sen. Mark Kelly on "Face the Nation with Margaret Brennan," Aug. 2, 2026
The following is the transcript of an interview with Democratic Sen. Mark Kelly of Arizona that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
HealthWatch
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She went to "hell and back" for a diagnosis. Then her sister showed symptoms.
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
Peptide vendor sentenced for "trail of harm"
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
People with disabilities fear service cuts as DOJ questions legal protections
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
Senate committee advances Dr. Erica Schwartz to be Trump's CDC director
If confirmed by the full Senate, Dr. Erica Schwartz would become the 22nd director of the Atlanta-based Centers for Disease Control and Prevention.
Millions of kids have caffeine in their diet. It's not all coming from soda.
On any given day, kids consume an average of 19.4 milligrams of caffeine, which is about two-thirds of what's in a can of Coke, according to a new report.
World
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Transcript: Sen. Mark Kelly on "Face the Nation with Margaret Brennan," Aug. 2, 2026
The following is the transcript of an interview with Democratic Sen. Mark Kelly of Arizona that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
Firefighting helicopters collide in Greece amid European wildfire crisis
The aircraft were Bell helicopters operating over the Psatha area west of Athens, each with a two-person crew.
Trump admin. touts its transparency. Yet few Iran war details have been shared.
The Trump administration is offering the public less information about the Iran war and its direction, even as the costs continue to mount.
Transcript: Rep. Mike Turner on "Face the Nation with Margaret Brennan," Aug. 2, 2026
The following is the transcript of an interview with Republican Rep. Mike Turner of Ohio that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
Spain's Ceuta grapples with aftermath of border surge
Dozens died, and the tiny enclave of Ceuta was thrown into chaos earlier this week after a rush of migrants entered from Morocco.
Entertainment
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Entertainment
Scarlett Johansson, skin care mogul
Actress Scarlett Johansson has played many roles in her career – and now, the Tony-winner and two-time Oscar-nominee has taken on another: launching her new line of products, called The Outset, designed for people with sensitive skin (like hers). She talks with correspondent Tracy Smith about her skin struggles, and how husband Colin Jost has been a "guinea pig" for her products. (Originally broadcast April 12, 2026.)
Art made of money
Philadelphia-based artist Stacey Lee Webber has invested small coins and bills into her sculptures and jewelry – art made entirely of money. Correspondent Nancy Giles talks with the money-making artist whose creations can cost a pretty penny. (Originally broadcast April 12, 2026.)
8/2: Sunday Morning
Jane Pauley hosts our annual "Money Issue." Featured: Obstacles to home ownership; fighting health insurance denials; Chinese EVs; opposition to AI data centers; American Girl dolls; skin care mogul Scarlett Johansson; roller coasters; the popularity of Bingo!; and is your phone eavesdropping on you?
Summer movies are experiencing a renaissance
The summer blockbuster may be having its own blockbuster comeback. After years of streaming dominance, audiences are again packing theaters. Adam Yamaguchi has more.
A new high for roller coasters
Correspondent Lee Cowan reports on how the ups-and-downs of today's amusement park industry are being ridden via new technologies in roller coaster design, including the New Texas Giant (a hybrid wooden-and-steel roller coaster), and the Tormenta Rampaging Run (a "giga dive" coaster), at Six Flags Over Texas. (Originally broadcast April 12, 2026.)
Technology
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Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
CEO of AI firm Hugging Face on OpenAI hack
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.
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.
Resistance grows nationwide against AI data center boom
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications of such facilities in their backyards, are fighting back. "Sunday Morning" national correspondent Robert Costa examines the drive to construct AI data centers, and the debate between opponents and AI advocates. (Originally broadcast April 12, 2026.)
Does your phone eavesdrop on you?
When ads pop up on your phone for products after you've happened to mention them, is it an indication that advertisers are eavesdropping on you? Correspondent David Pogue checks out the facts about highly-targeted advertising, and why it sometimes gets weirdly specific. (Originally broadcast April 12, 2026.)
Science
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Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Crime
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Crime
Officials give update on In-N-Out shooting
Idaho authorities on Sunday offered new details about Saturday's shooting at an In-N-Out restaurant that killed three people and wounded several others. Jericka Duncan anchored CBS News' coverage.
Bloody, bare footprints lead to decadeslong search for woman's killer
In 1993, Jeanie Childs was found stabbed more than 60 times in her Minneapolis apartment. Bloody footprints and unknown DNA left investigators without answers until a 2015 cold-case review and public DNA database finally pointed to a suspect.
FTC says ticket reseller violated laws
Last year, "CBS Saturday Morning" spoke with ticket reselling company Elite Events and Tickets about its methodology and practices. Now, the Federal Trade Commission is fining the company, saying it violated the Better Online Ticket Sales Act. Elite Events and Tickets neither admitted to nor denied the FTC's allegations.
Police release Nancy Guthrie ransom notes
It has been six months since Nancy Guthrie, the mother of "Today Show" co-host Savannah Guthrie, vanished from her Arizona home. Investigators have now released two ransom notes with "distinctive linguistic characteristics" and are asking for the public's help in identifying their writer.
Savannah Guthrie asks for answers about mom Nancy after notes released
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
Space
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Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Latest Galleries
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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.
Investigating the death of designer Sylvie Cachay
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.
Photos show 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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Officials give update on In-N-Out shooting
Idaho authorities on Sunday offered new details about Saturday's shooting at an In-N-Out restaurant that killed three people and wounded several others. Jericka Duncan anchored CBS News' coverage.
Face the Nation: Delangue, Manchin
Missed the second half of the show? Hugging Face CEO Clement Delangue, independent former Sen. Joe Manchin and his daughter Heather Manchin join "Face the Nation."
Full Interview: Hugging Face CEO Clem Delangue
Watch Margaret Brennan's full interview Hugging Face Co-Founder and CEO Clem Delangue, a portion of which aired on July 19, 2026, about the recent hack of their systems by an autonomous AI agent from an OpenAI training model.
Joe and Heather Manchin on push to elect independents
On "Face the Nation with Margaret Brennan," former Sen. Joe Manchin and his daugher, Heather, discussed their initiative to help more independents get elected to office. They also addressed whether they could ever support a self-described socialist candidate.
CEO of AI firm Hugging Face on OpenAI hack
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.