Stocks rise after Fed admits more rate hikes could weaken economy
Investors are monitoring economic data for clues on inflation trajectory, with eye on Friday release of June employment numbers.
Economy
Job openings fell in May but remained near historic high
Employers advertised fewer jobs as the economy showed signs of slowing, but there are nearly two job openings for every unemployed person.
Can't "out-budget" inflation? Here are things you can do
Rising prices feel impossible to manage when money is already tight. These tips might help.
U.S. stocks fall as inflation, energy weigh on growth
Market turmoil continues with experts warning that fear of a recession could be a self-fulfilling prophecy.
Small business hit with back rent demands amid high inflation
"I needed $10,000 in 15 days," said décor shop owner in Texas who took out several loans in order to pay rent on time.
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.
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.
Live
One of 2 shooters at Islamic Center of San Diego is dead, sources say
Police said officers responded to a reported active shooter at the Islamic Center of San Diego on Monday.
Live
Trump calls off attack on Iran amid "serious negotiations" toward peace deal
President Trump had warned Sunday that "the Clock is Ticking" for Iran to accept a peace agreement.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
The jury dismissed all charges due to the statute of limitations.
Trump settles IRS lawsuit, sets up $1.7B fund for claims of "weaponization"
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Judge rules some key evidence can be used in Luigi Mangione's state trial
A New York judge ruled Monday on whether evidence found in Luigi Mangione's backpack during his arrest can be used during his state trial.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Divers find bodies of 4 tourists in Maldives sea cave
Italy's Foreign Ministry said Monday rescuers have located the bodies of four Italian divers who were believed to be deep inside an underwater cave in a Maldive atoll.
Fighter jets' crews eject from air show crash: "A lot of luck involved"
The Mountain Home Air Force Base in Idaho was locked down following the midair crash during the Gunfighter Skies Air Show.
U.S.
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Live
One of 2 shooters at Islamic Center of San Diego is dead, sources say
Police said officers responded to a reported active shooter at the Islamic Center of San Diego on Monday.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Tornado levels family's brand new house: "Most terrifying thing I've experienced"
A mother and daughter hid in the basement of the home they moved into just two weeks ago when a destructive tornado tore across their Nebraska community.
MoneyWatch
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Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
NextEra Energy to acquire Dominion in a $67 billion utility deal
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Is the answer to the housing crunch right in your own backyard?
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Ice cream sold in 17 states recalled for potential metal fragments
No injuries have been reported because of the issue, the Food and Drug Administration said.
Politics
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Trump says he's called off plans for a "scheduled attack of Iran"
President Trump said he received a request from the leaders of Qatar, Saudi Arabia and the United Arab Emirates.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Trump settles IRS lawsuit, sets up $1.7B fund for claims of "weaponization"
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
HealthWatch
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American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Ebola strain in latest outbreak has no vaccine, no treatment
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Inside the "troubled teen" industry, when help sometimes does more harm
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
Hantavirus-hit cruise ship arrives in Netherlands
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
World
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Trump says he's called off plans for a "scheduled attack of Iran"
President Trump said he received a request from the leaders of Qatar, Saudi Arabia and the United Arab Emirates.
Gunman kills 6, wounds 8 in latest shooting rampage in Turkey
A man armed with a rifle carried out a string of attacks, killing at least six people and wounding eight others, Turkish President Recep Tayyip Erdogan said.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
198 pounds of cocaine found hidden in Kim Kardashian brand underwear
A truck driver was sentenced to over 13 years in prison for smuggling $9.4 million worth of cocaine in a shipment of Skims, Kim Kardashian's shapewear brand.
Ebola strain in latest outbreak has no vaccine, no treatment
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
Entertainment
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Entertainment
2-time "Survivor" contestant on 50th season
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Hayden Panettiere opens up in new memoir
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" podcast host Alex Cooper announces pregnancy
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Director Jon Favreau on "The Mandalorian and Grogu"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
Technology
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Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Jury to start deliberations in OpenAI trial
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.
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.
An adobe renaissance
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents report Waymo traffic jams
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Science
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El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Crime
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Crime
Police: Threat neutralized at San Diego mosque
San Diego police said the threat at the Islamic Center of San Diego "has been neutralized" after officers responded to a reported active shooter on Monday. CBS News' Shanelle Kaul has the latest.
Witness on San Diego Islamic Center shooting
An active shooter has been reported at the Islamic Center of San Diego. CBS affiliate KFMB reports.
Shooting reported at Islamic Center of San Diego
Police are responding to a reported active shooter at the Islamic Center of San Diego. CBS affiliate KFMB reports.
Gunman kills 6, wounds 8 in latest shooting rampage in Turkey
A man armed with a rifle carried out a string of attacks, killing at least six people and wounding eight others, Turkish President Recep Tayyip Erdogan said.
Arrests in random shootings across Austin
Three people are in custody for a dozen random shootings around Austin, Texas, on Sunday, police said. Four people were injured in the mayhem, police said. CBS News' Ian Lee has more on how the community is reacting.
Space
More Space
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
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
Police: Threat neutralized at San Diego mosque
San Diego police said the threat at the Islamic Center of San Diego "has been neutralized" after officers responded to a reported active shooter on Monday. CBS News' Shanelle Kaul has the latest.
Witness on San Diego Islamic Center shooting
An active shooter has been reported at the Islamic Center of San Diego. CBS affiliate KFMB reports.
Shooting reported at Islamic Center of San Diego
Police are responding to a reported active shooter at the Islamic Center of San Diego. CBS affiliate KFMB reports.
Wildfire prompts evacuations in California
A wildfire in California's Simi Valley forced evacuations Monday. CBS Los Angeles had on the ground coverage.
Previewing the Pennsylvania primaries
Pennsylvania voters will head to the polls Tuesday for primary elections. CBS News' Taurean Small has a look at the races.