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.
Economy
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.
Impact of rising food costs on school lunches
Nationwide, school lunch programs are grappling with the rising food prices and ingredient shortages due to supply chain disruptions. CBS News correspondent Scott MacFarlane spoke to school lunch administrators who are struggling to put together the weekly lunch menus.
Economy a concern in primaries
New polling from CBS News shows that the majority of Americans are concerned about the economy as more states hold their midterm primary elections. Former President Donald Trump’s influence over the Republican Party is set to be tested again in two critical races in Georgia. CBS News senior White House and political correspondent Ed O'Keefe joins “CBS News Mornings” from Atlanta with the latest.
Americans increasingly concerned with economy
New CBS News polling shows Americans are increasingly concerned with economic issues ahead of the 2022 midterm elections. Meanwhile, critical primary races in Georgia on Tuesday are poised to test former President Trump's influence in the Republican Party.
Brutal week on the stock market
Americans are paying record high prices at the pumps, as inflation fears wreak havoc on the stock market. Errol Barnett reports from Washington, then Lana Zak speaks with Baker Boyer Bank's Chief Financial Officer John Cunnison about how this will impact the average American.
CBS News poll: Americans feel uneasy as economic concerns grow00
CBS News elections and surveys director Anthony Salvanto breaks down a new CBS News poll that finds the number of Americans who say things are going badly in the country, particularly with the economy, is at the highest rate of the Biden presidency.
Biden reaffirms alliance with South Korea
President Biden reaffirmed the U.S.-South Korea alliance as the two countries look to deter North Korean nuclear missile threats and dependence on Chinese manufacturing. Nancy Cordes has more.
U.N. cites Ukraine war in grain shortage
Russia's war on Ukraine has disrupted the world's food supply. After the Russian military targeted a grain elevator in the city of Dnipro and blockaded Ukrainian sea transit routes, a halt on grain exports from the region has affected more than a billion people. Imtiaz Tyab has more.
Impact of Wall Street volatility
A volatile week for the stock market has some investors worried the economy could fall into a recession. Jaime Quiros, senior portfolio manager at FBB Capital Partners, speaks with CBS News' Lana Zak on how the uncertainty could impact our daily lives.
Gas prices hit records as inflation fears intensify
As the price of gas and groceries rise with inflation, plenty of Americans are feeling the financial pressure of an economy potentially heading toward a recession. Errol Barnett takes a look.
This week on "Face the Nation with Margaret Brennan," May 22, 2022
Former United States Secretary of Defense Robert Gates, Senator Rick Scott and more appear on "Face the Nation with Margaret Brennan" this Sunday.
5/19: Red and Blue
U.S. Senate passes $40B Ukraine aid package; Rise in U.S. unemployment claims
Stocks plunge as economic fears intensify
The stock market plunge and inflation present two challenges for President Biden and Democrats, who are hoping to retain control in the upcoming midterm elections. Ed O'Keefe has more details.
Inflation rises to near 40-year high
Global forces including supply chain disruptions, energy costs and Russia's invasion of Ukraine have contributed to rising inflation, which is at a near 40-year high. Mark Strassmann reports.
Rising prices fuel frustration over inflation
CBS News' Mark Strassmann reports from Atlanta on Americans' growing frustration with inflation, as gas, food and housing prices continue to climb.
Face The Nation: Gottlieb, Blankfein, Esper
Missed the Second half of the show? The latest on the baby formula shortage with Dr. Scott Gottlieb, GOP candidates make final pitch for Senate primary election, the war in Ukraine, inflation with Goldman Sachs’ Lloyd Blankfein, and Former Defense Secretary Mark Esper discusses January 6 committee.
House takes action amid baby formula shortage
The House is set to consider a measure to buy an excess supply of baby formula from other countries to ease the struggle so many American families are facing. But some Republicans are demanding more action from the Biden administration and are wondering why the shortages have become so severe. Elise Preston has more.
This week on "Face the Nation with Margaret Brennan," May 15, 2022
Transportation Secretary Pete Buttigieg, former U.S. Secretary of Defense Mark Esper and more appear on "Face the Nation with Margaret Brennan" this Sunday.
Crypto meltdown continues as investors exit market
The massive downturn in cryptocurrencies continued Thursday, as the price of Bitcoin plunged to its lowest point since 2020. Peter Smith, CEO and co-founder of Blockchain.com, joins CBS News' Lilia Luciano to discuss the recent volatility.
Russia threatened by Finland's race to join NATO
Russia is lashing out after Finland said it is applying to NATO. Russia cut off gas supplies to Europe, a day after the Ukrainian government halted gas transfers through its territory. Charlie D'Agata reports.
Tips for dealing with soaring grocery prices
According to the U.S. Bureau of Labor Statistics, grocery prices increased 10.8% from April 2021 to April 2022. CBS News' Tanya Rivero meets with money-saving expert Andrea Woroch to discuss how Americans can save money at the grocery store.
Inflation slows for first time in 9 months
While inflation eased slightly in April, it remains near a four-decade high. Americans are facing rising prices on everything from groceries, gas and rent. Carter Evans has more.
British Prime Minister Keir Starmer announces resignation
Keir Starmer will step down as U.K. Prime Minister weeks after a brutal round of local elections and as he faced a challenge from within his Labour Party.
Live
Iran to let nuclear inspections resume as talks continue, Vance says
Vance says Iran agreed to let international nuclear inspectors back into the country during a "very, very good" first day of negotiations with the U.S.
Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Alligator Alcatraz shutting down permanently, sources tell CBS News Miami
The decision to close Florida's Alligator Alcatraz has been speculated for the past two months.
Trump says several people arrested for alleged vandalism of Reflecting Pool
President Trump claims the problems with the Reflecting Pool in Washington are due to vandalism.
3 dead, 7 wounded in rare Philippines school shooting, police say
Two students with hand guns opened fire in a high school in the central Philippines, killing three fellow students and wounding another seven, police said.
U.S. strike on alleged drug boat kills 2, leaves 6 survivors
The U.S. military has conducted another strike against a boat accused of smuggling drugs in the eastern Pacific Ocean, killing two and leaving six survivors, SOUTHCOM said.
Trump-backed populist wins tight Colombia presidential vote, sparking protests
A flamboyant Trump-backed lawyer who's never held public office narrowly won Colombia's polarizing presidential runoff, swinging the country hard right and sparking violent protests.
Head of nation's second-largest school district resigns amid FBI probe
Nearly four months after federal agents raided his home and district headquarters, Superintendent Alberto Carvalho announced his resignation as the head of the Los Angeles Unified School District on Sunday.
U.S.
More U.S.
Alligator Alcatraz shutting down permanently, sources tell CBS News Miami
The decision to close Florida's Alligator Alcatraz has been speculated for the past two months.
How growing inequality is worsening Social Security's financial crunch
Faster income growth for top U.S. earners has eroded Social Security's tax base, fueling calls to raise or eliminate the payroll tax cap.
F-16 fighter jet intercepts plane in restricted airspace over Maryland
An F-16 fighter jet intercepted a civilian plane that had entered restricted airspace over Hagerstown, Maryland, on Saturday, military officials said.
Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Matt Dunlap wins primary in Maine's battleground 2nd District
In November, Dunlap will face former Maine Gov. Paul LePage, who was running unopposed in the GOP primary.
MoneyWatch
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How growing inequality is worsening Social Security's financial crunch
Faster income growth for top U.S. earners has eroded Social Security's tax base, fueling calls to raise or eliminate the payroll tax cap.
Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Poll finds Americans want Iran war ended, but few say U.S. got better of agreement
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
Here's who qualifies for the Trump adminstration's student loan rate cut
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
Prediction markets are betting on celebrities to boost their brands
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
Politics
More Politics
Alligator Alcatraz shutting down permanently, sources tell CBS News Miami
The decision to close Florida's Alligator Alcatraz has been speculated for the past two months.
Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Matt Dunlap wins primary in Maine's battleground 2nd District
In November, Dunlap will face former Maine Gov. Paul LePage, who was running unopposed in the GOP primary.
Affordable healthcare emerges as a voter priority in purple Nevada
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
British Prime Minister Keir Starmer announces resignation
Keir Starmer will step down as U.K. Prime Minister weeks after a brutal round of local elections and as he faced a challenge from within his Labour Party.
HealthWatch
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Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
Affordable healthcare emerges as a voter priority in purple Nevada
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Fighting childhood obesity, for a healthier, longer life
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
Fighting childhood obesity, for a healthier, longer life
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5, with diet and exercise both key factors in the increase. CBS News chief medical correspondent Dr. Jonathan LaPook looks at programs aimed at helping kids get healthy the old-fashioned way, by eating right and exercising, while helping decrease the risk of problems tied to obesity later in life, such as diabetes, heart disease, and even cancer.
World
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Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
Live
Iran to let nuclear inspections resume as talks continue, Vance says
Vance says Iran agreed to let international nuclear inspectors back into the country during a "very, very good" first day of negotiations with the U.S.
Record stash of cocaine found buried underground in Australia
Police discovered 3 tons of cocaine in plastic tubs buried in underground bunkers that were concealed by false floors.
3 dead, 7 wounded in rare Philippines school shooting, police say
Two students with hand guns opened fire in a high school in the central Philippines, killing three fellow students and wounding another seven, police said.
British Prime Minister Keir Starmer announces resignation
Keir Starmer will step down as U.K. Prime Minister weeks after a brutal round of local elections and as he faced a challenge from within his Labour Party.
Entertainment
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Entertainment
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
John Mulaney on sobriety and fatherhood
John Mulaney says he grew up feeling that comedy was his destiny. The Emmy Award-winning standup comedian and former "Saturday Night Live" writer talks with correspondent Tracy Smith about how he deals with sobriety today (and about a 2020 intervention which he describes as "star-studded"), and how fatherhood – along with his wife, actress Olivia Munn – has changed his outlook. (An earlier version of this story originally aired March 9, 2025.)
Manet and Morisot: Impressions of an artistic friendship
Édouard Manet, a towering figure of Impressionist art, was also a mentor to Berthe Morisot, a female painter who's remained largely in Manet's shadow, until now. The two, whose friendship led to changes in both of their artistic styles, are the subjects of an exhibition currently at the Cleveland Museum of Art. Correspondent Lee Cowan pays a visit.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including famed TV sitcom director James Burrows, the co-creator of "Cheers."
Waylon Jennings' son Shooter on rescuing his dad's music
Singer, musician, and Grammy-winning music producer Shooter Jennings is keeping alive the legacy of his late father, country star Waylon Jennings, by producing long-lost material that he found stashed away. Hear music from the upcoming album "Diamonds."
Technology
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Waymo recalls robotaxis after some vehicles entered construction zone
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
Americans on AI's future impact
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
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.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Inside an Irish town raising kids without smartphones
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
Science
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Science
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
Crime
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Record stash of cocaine found buried underground in Australia
Police discovered 3 tons of cocaine in plastic tubs buried in underground bunkers that were concealed by false floors.
3 dead, 7 wounded in rare Philippines school shooting, police say
Two students with hand guns opened fire in a high school in the central Philippines, killing three fellow students and wounding another seven, police said.
Survivors speak up to help convict man of murder, sexual assault
David Pearce was convicted of first-degree murder for the deaths of Christy Giles and Hilda Marcela Cabrales after a night of partying in Los Angeles. He was also found guilty of raping seven other women who came forward to testify at his trial.
New Jersey council member and former mob boss arrested for extortion
John Alite, 63, was once the top enforcer for the Gotti crime family and a longtime member of the Gambino family.
Mangione's legal team axes psychiatric defense
Lawyers for Luigi Mangione have withdrawn their plan to pursue a psychiatric defense in his New York state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal contributor Jessica Levinson breaks down the decision.
Space
More Space
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
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.
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.
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.
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
Trump sounds off on alleged D.C. vandalism
President Trump said Monday on social media that alleged vandalism contributed to the Reflecting Pool's slew of issues, including algae buildup and peeling paint. CBS News' Ed O'Keefe has more.
FAA investigates close call at Boston airport
The FAA is investigating an apparent close call at Boston Logan Airport over the weekend. An American Airlines jet was cleared to take off on a runway crossing the one a Delta jet was about to land on. Kris Van Cleave has more.
Stranger donates organ to girl
After years of medical struggles and uncertainty, a 4-year-old girl born with a rare genetic disorder receives a life-saving gift from a stranger. CBS News contributor David Begnaud shares their story and how they connected.
U.S. men make historic World Cup start
The U.S. Men's National Soccer Team secured a spot in the World Cup knockout round following its 2-0 win over Australia on Friday. Meanwhile, Cape Verde stunned its second opponent of the tournament, Uruguay, after a 2-2 draw. CBS News' Elizabeth Campbell has the latest.
British PM Keir Starmer announces resignation
British Prime Minister Keir Starmer announced plans to step down as leader of the Labour Party after facing growing pressure to leave office. CBS News' Chris Livesay explains how local elections, reputational questions and other factors likely contributed to Starmer's decision.