Soaring gas prices hit new record
The national average for a gallon of gas hit $4.91. In 13 states, it's above $5 a gallon. Carter Evans has more.
Economy
Gas prices soar to new record highs
Gas prices have once again soared to a new record high. The national average for a gallon of gas is now $4.92. That’s up nearly $2 from the same time last year. CBS News correspondent Carter Evans is in Los Angeles, which has some of the nation’s highest gas prices. He joins Tanya Rivero and Elaine Quijano for more on this.
5 credit card perks that can help you fight inflation
Whether your goal is to pay off debt or save money, credit cards offer rewards and benefits that can make a difference.
Target's shares tumble after cutting orders amid inventory glut
Americans have pivoted from pandemic spending, faster than some retailers expected. Target shares tumbled in pre-market trading.
Summit of the Americas kicks off in Los Angeles
The United States is hosting the Summit of the Americas in Los Angeles. The gathering includes world leaders from across North, South and Central America. Eric Farnsworth, the vice president of Council of the Americas, joined CBS News' Lana Zak to discuss the summit.
Open: This is "Face the Nation with Margaret Brennan," June 5
This week on “Face the Nation with Margaret Brennan,” we try to understand what the country wants to see happen when it comes to new gun control laws in the wake of the Uvalde and Buffalo shootings. Plus, a look at the state of the economy and a preview of the Jan. 6 hearings.
Stocks close down despite upbeat jobs report
The U.S. added 390,000 jobs in May and unemployment remained flat at 3.6%, according to the latest jobs report from the Labor Department, but stocks closed the week in the red. CBS News' Elaine Quijano spoke with Lori Bettinger, president of BancAlliance and former director of the federal Troubled Asset Relief Program, about how this affects your paycheck.
This week on "Face the Nation with Margaret Brennan," June 5, 2022
Rep. Adam Schiff, Sen. Pat Toomey, Dr. Walter J. Koroshetz and more appear on "Face the Nation with Margaret Brennan" this Sunday.
Biden responds to Elon Musk's economic doubts
President Biden on Friday responded to Elon Musk's recent doubts about the U.S. economy, saying he wished the Tesla CEO "lots of luck on his trip to the moon." According to Reuters, Musk said in an email to Tesla executives Thursday he has a "super bad feeling" about the economy and he said in an email to employees Friday that he'll be cutting about 10% of workers.
U.S. employers added 390,000 jobs in May
U.S. employers added 390,000 jobs in May, according to the Bureau of Labor Statistics. The unemployment rate stayed at 3.6% for the third straight month. Senior economist at Glassdoor, Daniel Zhao, joined CBS News' Anne-Marie Green and Vladimir Duthiers with reaction to these latest figures.
Musk reportedly wants to cut 10% of Tesla workforce
Tesla shares fell more than 7% on a report the CEO is considering layoffs over a "super bad feeling" about the economy.
Jamie Dimon: Interest rates, war will cause economic "hurricane"
It won't necessarily be a recession, but expect a rocky road ahead, warns the JPMorgan Chase CEO.
U.S. strengthens trade ties with Taiwan
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.
Parents facing mounting stress
Issues like the COVID-19 pandemic, an unstable economy and fear of violence are causing more parents anxiety. Dr. Howard Stevenson joins "CBS News Mornings" with more insight and information to help cope.
5/31: Red and Blue
Congress discussing bipartisan gun control bills; Biden looks to curb inflation
Layoffs hit 20-year low in April as job market stayed tight
The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high.
White House adviser talks fighting inflation
The U.S. is struggling with some of its highest levels of inflation in four decades. Heather Boushey, who is on the White House’s Council of Economic Advisers, joins CBS News to discuss the Biden Administration’s plans to address its new top economic priority, inflation.
Stocks slip after EU agrees to partial ban on Russian oil
Investors retreat as global crude prices jump on European Union plan to embargo most Russian oil exports.
Summer travelers can expect sticker shock experts say
With domestic airfares averaging over $400 a round trip, "Europe is the best travel bargain out there," says one expert.
Wall Street breaks 7-week losing streak — longest since 2001
Investors cheered by economic data showing that inflation slowed in April for the first time since November 2020.
Key inflation gauge eases for the first time since 2020
Although U.S. inflation remains painfully high, two closely watched barometers suggest prices are moderating.
Here's how much the typical CEO made last year
Compensation for chief executives rose more than 17% in 2021, compared with 4.4% for private-sector workers.
Travelers, costs up for Memorial Day weekend
An estimated 39.2 million Americans are expected to travel over the holiday weekend, despite high gas and hotel costs.
Elon Musk revises Twitter financing plan to include more equity
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
U.S. economy shrank at 1.5% rate in the first quarter
Even though consumers and businesses kept spending, a trade imbalance pushed down the economy between January and March.
Live
Iran threatens war "beyond the region" if U.S. launches new attacks
Iran's Revolutionary Guard says any new U.S. or Israeli attacks will be met with retaliation "in places you cannot even imagine."
Raúl Castro indictment expected to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
First on CBS
2 officers in Jan. 6 riot sue to block DOJ "anti-weaponization" fund
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
Exclusive
U.S. soldier fears newly freed wife could still be deported by ICE at any time
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The major cases the Supreme Court will decide in the coming weeks
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
Barney Frank, Massachusetts congressman for 32 years, dies at 86
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
Teen attackers in mosque shooting were wallowing in hate, investigators say
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Fighter jets intercept plane that entered restricted airspace over D.C.
The aircraft entered the Washington D.C. Metropolitan Area Special Flight Rules Area, or DC SFRA, around 11:15 a.m. on Tuesday.
Cheaper, alternative health plans are having a moment, but critics urge caution
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
U.S.
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First on CBS
2 officers in Jan. 6 riot sue to block DOJ "anti-weaponization" fund
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
Fighter jets intercept plane that entered restricted airspace over D.C.
The aircraft entered the Washington D.C. Metropolitan Area Special Flight Rules Area, or DC SFRA, around 11:15 a.m. on Tuesday.
Assistant principal "did nothing" when told about 6-year-old with gun, prosecutor says
A prosecutor in the trial of a former assistant principal facing criminal charges over a 2023 school shooting said she dismissed concerns about a gun in a student's bag.
Raúl Castro indictment expected to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
Suspected drug trafficker rescued from plane crash linked to politician
A survivor of a recent plane crash near Florida was allegedly found with roughly $30,000 inside a bag labeled with the name of a Bahamian politician.
MoneyWatch
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Cheaper, alternative health plans are having a moment, but critics urge caution
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
As gas prices surge, consumers search for other savings
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
Is the teen summer job a thing of the past?
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
Polymarket to let users make prediction market bets on private companies
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
The 10 most affordable U.S. cities to buy a home
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Politics
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Rubio offers Cubans "new path" in video address
Raúl Castro, the brother of longtime dictator Fidel Castro, is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by a humanitarian group, U.S. officials told CBS News.
Barney Frank, Massachusetts congressman for 32 years, dies at 86
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
First on CBS
2 officers in Jan. 6 riot sue to block DOJ "anti-weaponization" fund
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
Raúl Castro indictment expected to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
Exclusive
U.S. soldier fears newly freed wife could still be deported by ICE at any time
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
HealthWatch
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WHO says Ebola risks high for region, but not a "pandemic emergency"
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Cheaper, alternative health plans are having a moment, but critics urge caution
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
Where things stand with the Ebola outbreak
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
Eroding ACA enrollment portends higher insurance rates
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
Latest on American who contracted Ebola
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
World
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2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Rubio offers Cubans "new path" in video address
Raúl Castro, the brother of longtime dictator Fidel Castro, is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by a humanitarian group, U.S. officials told CBS News.
Xi welcomes Putin and touts "unyielding" ties on heels of Trump's visit
China's Xi Jinping welcomed Vladimir Putin in Beijing, touted the countries' "unyielding" ties, and took a loosely veiled jab at Trump's policies.
Raúl Castro indictment expected to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
WHO says Ebola risks high for region, but not a "pandemic emergency"
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Entertainment
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Entertainment
Michelle Monaghan on getting quality sleep
Actress Michelle Monaghan joins "CBS Mornings" to talk about her 24-hour wellness cycle and why it's important to get quality sleep and consistent energy. (Sponsored by Natrol)
Soon-to-be mom Beanie Feldstein reveals sex of her baby
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Beanie Feldstein on takeaways from kids' book
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
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.
Technology
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Technology
Concern ramps up over the use of AI in combat
The Defense Department says it wants to be "AI-first," but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.
Privacy concerns grow over AI, phone numbers
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
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.
Musk loses lawsuit against OpenAI
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
Musk says he'll appeal OpenAI lawsuit dismissal
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
Science
More Science
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
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.
Crime
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Crime
More details on Mango founder's son
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
Details emerge on San Diego mosque attack
More details are emerging on the victims and two gunmen from the deadly shooting at the Islamic Center of San Diego. Lana Zak reports.
More on California mosque shooters
More details are emerging about the shooters who attacked the Islamic Center of San Diego on Monday, where three people died. CBS News' Lana Zak reports.
Islamic Center shooting victims hailed as heroes
New details are coming out about the victims in Monday's shooting at the Islamic Center of San Diego. Lana Zak reports.
Mosque shooting victims hailed as heroes
Police and federal authorities are working to piece together the events leading up to Monday's deadly shooting at the Islamic Center of San Diego, as well as what exactly happened during the attack. CBS News' Anna Schecter has the details.
Space
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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
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Latest CBS News Videos
Caputo files claim for new DOJ fund
Trump ally and former administration official Michael Caputo has filed a claim to obtain money from the "anti-weaponization" fund established by the Justice Department following a settlement with President Trump. CBS News' Katrina Kaufman reports.
More details on Mango founder's son
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
Indictment against Raúl Castro expected
The Justice Department is expected to announce criminal charges against Cuba's former leader Raúl Castro, sources tell CBS News.
Key results from the latest primaries
Several states held primaries on Tuesday, and some of President Trump's endorsements appear to have made a difference. CBS News' Ed O'Keefe, Taurean Small and Anthony Salvanto report.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.