Stocks dive as recession fears mount
Stocks plummeted Friday, driven in part by inflation worries, the direction of the U.S. economy and concerns about another short-term interest rate hike. Michael George has more.
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Stocks plummeted Friday, driven in part by inflation worries, the direction of the U.S. economy and concerns about another short-term interest rate hike. Michael George has more.
Gas prices are once again rising, with the national average now around $4.14 per gallon. Democrats are proposing new legislation to give the Federal Trade Commission increased authority to crack down on price gouging. CBS News chief White House correspondent Nancy Cordes joins "CBS News Mornings" to discuss.
The U.S. economy shrank in the first quarter of 2022, but American consumers and businesses kept spending despite high inflation and rising costs. Steve Odland, president and CEO of The Conference Board, joined CBS News to discuss the latest GDP data and its impact on consumers.
Many retirees are struggling amid inflation. Rising prices are forcing some to reenter the workforce. Mark Strassmann has more.
Missed the second half of the show? The latest on vaccines for children with Dr. Scott Gottlieb, Democratic Sen. Elizabeth Warren of Massachusetts discusses actions Democrats need to take to win the midterms, leaked audio from House GOP Leader Kevin McCarthy, and inflation in Europe with president of the European Central Bank Christine Lagarde.
This week on “Face the Nation with Margaret Brennan,” we’ll have the latest on U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin’s visit to war-torn Ukraine and a Sunday exclusive interview with Ukrainian Prime Minister Denys Shmyhal. Plus, we check in with former FDA Commissioner Dr. Scott Gottlieb on the long-awaited COVID vaccine for America’s youngest.
Christine Lagarde, the president of the European Central Bank, says half of Europe's growing inflation is related to energy prices, which have "dramatically increased" due to the war in Ukraine.
U.S. to send $800 million more in aid to Ukraine; U.S. jobless claims hit 52-year low
Ukrainian Prime Minister Denys Shmyhal, Senator Elizabeth Warren and more appear on "Face the Nation with Margaret Brennan" this Sunday.
President Biden spoke about the U.S. economy and infrastructure during a trip to New Hampshire on Tuesday. CBS News senior White House and political correspondent Ed O'Keefe joins CBS News' Tanya Rivero and Nancy Chen with the highlights.
This week on "Face the Nation," with Russian forces moving forward with a brutal assault on Eastern Ukraine, we talk to White House national security adviser Jake Sullivan about what more the U.S. can do to help. Then, a conversation with former FDA Commissioner Scott Gottlieb about a possible spring COVID surge.
This holiday week on "Face the Nation with Margaret Brennan," we talk to Ukrainian Foreign Minister Dmytro Kuleba after Russia responded to the loss of a key battleship with a powerful barrage of missiles. Plus, a conversation with Sen. Chris Coons about his fight to get more global COVID aid included in a relief bill that's stalled in Congress.
Missed the second half of the show? The latest on the global COVID relief efforts from Democratic Sen. Chris Coons of Delaware, Russia uses hunger as a weapon of war against Ukraine, and executive director of the Catholic Charities of Rio Grande Valley, Sister Norma Pimental, encourages Biden to visit the U.S.- Mexico border.
CBS News' Mark Strassmann takes a closer look at how inflation, which reached another four-decade high of 8.5% in March, is impacting businesses and families across the country.
Brooklyn subway shooting suspect held without bail; Jobless claims rise after hitting 54-year low
Amid rising mortgage rates and surging housing prices, one company is betting that 3D printing homes is a solution to the affordable housing crisis. Nancy Chen takes a look.
The U.S. Labor Department's latest Consumer Price Index shows prices have jumped 8.5% over the past year, the biggest spike since December 1981. Michael Pond, head of inflation research at Barclays, spoke with CBS News' Anne-Marie Green and Vladimir Duthiers about what that means for your bottom line.
The cost of eggs is skyrocketing, thanks to several factors. Omar Villafranca reports.
Despite a strong job market, the rising costs of food, gas and rent have Americans concerned, and it's taking a toll on President Biden's approval rating. CBS News Washington reporter Caitlin Huey-Burns joins Tanya Rivero to discuss the possible impact on this year's midterm elections.
Rising prices force cutbacks, and economy continues to take a toll on President Biden's numbers.
Missed the second half of the show? The latest on new COVID-19 cases in the U.S., Cleveland Fed chief discusses inflation, and former Homeland Security Secretary Jeh Johnson on the preparation for an influx of migrants at the southern border to the U.S..
Loretta Mester, the president and CEO of the Federal Reserve Bank of Cleveland, says she expects inflation to ease into next year, but remain above 2%.
This week on "Face the Nation," with Russian forces moving forward with a brutal assault on Eastern Ukraine, we talk to White House national security adviser Jake Sullivan about what more the U.S. can do to help. Then, a conversation with former FDA Commissioner Scott Gottlieb about a possible spring COVID surge.
White House National National Security Adviser Jake Sullivan, Ukrainian Ambassador to the United States Oksana Markarova and more appear on "Face the Nation with Margaret Brennan" this Sunday.
The ruble has bounced back after its initial plunge following Western sanctions. Here's why.
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.
Clive Davis helped shape the careers of music stars including including Janis Joplin, Bruce Springsteen and Whitney Houston.
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.
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Etan Patz walked out of his New York City home headed for a school bus stop in May of 1979. He never made it to school and has never been found.
Closing Florida's "Alligator Alcatraz" has been the subject of speculation for the past two months.
A Trump administration plan would charge legal immigrants seeking citizenship $570 more in application fees while eliminating waivers and fee reductions for low-income applicants.
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.
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.
Clive Davis helped shape the careers of music stars including including Janis Joplin, Bruce Springsteen and Whitney Houston.
A pregnant fin whale was found dead on the bow of a cruise ship in Alaska last week. Fin whales are endangered and particularly threatened by vessel strikes.
A Trump administration plan would charge legal immigrants seeking citizenship $570 more in application fees while eliminating waivers and fee reductions for low-income applicants.
Etan Patz walked out of his New York City home headed for a school bus stop in May of 1979. He never made it to school and has never been found.
Closing Florida's "Alligator Alcatraz" has been the subject of speculation for the past two months.
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's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
A Trump administration plan would charge legal immigrants seeking citizenship $570 more in application fees while eliminating waivers and fee reductions for low-income applicants.
Etan Patz walked out of his New York City home headed for a school bus stop in May of 1979. He never made it to school and has never been found.
Closing Florida's "Alligator Alcatraz" has been the subject of speculation for the past two months.
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
In November, Dunlap will face former Maine Gov. Paul LePage, who was running unopposed in the GOP primary.
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.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
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.
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.
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.
Plans backed by investors including Jared Kushner for a luxury resort in Albania drew protests that have grown into an anti-corruption movement.
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.
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.
Police discovered 3 tons of cocaine in plastic tubs buried in underground bunkers that were concealed by false floors.
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.
Clive Davis helped shape the careers of music stars including including Janis Joplin, Bruce Springsteen and Whitney Houston.
"Supergirl" director Craig Gillespie joins CBS News 24/7 to discuss his adaptation of the film, which stars Milly Alcock and Jason Momoa, and premieres Friday.
Actor and comedian Danny McBride talks about his new book, "Thrilling Tales of Modern Men," which is a short story collection that dives into modern masculinity. McBride, known for playing over confident characters, says he wanted to make the book an extension of what he's delivered on TV.
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 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.)
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
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.
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.
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.
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
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 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.
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.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
Etan Patz walked out of his New York City home headed for a school bus stop in May of 1979. He never made it to school and has never been found.
Police discovered 3 tons of cocaine in plastic tubs buried in underground bunkers that were concealed by false floors.
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.
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.
John Alite, 63, was once the top enforcer for the Gotti crime family and a longtime member of the Gambino family.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
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.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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 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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
While Vice President JD Vance expressed optimism after wrapping up two days of talks with Iran, questions remain about certain sticking points that could derail negotiations. CBS News' Aaron Navarro and Courtney Kealy have more.
"Supergirl" director Craig Gillespie joins CBS News 24/7 to discuss his adaptation of the film, which stars Milly Alcock and Jason Momoa, and premieres Friday.
Los Angeles firefighters are still battling flames from a warehouse fire in the city's Boyle Heights neighborhood. CBS News' Carter Evans has more.
H.R. McMaster, a CBS News contributor and former national security adviser to President Trump, joins CBS News to weigh in on the U.S.-Iran talks in Switzerland, which Vice President JD Vance said "laid a very good foundation" for a deal.
Vice President JD Vance said the U.S. and Iran made progress toward a deal during an update from Switzerland on Monday. Meanwhile, ongoing clashes between Israel and Hezbollah in Lebanon remain a worry for both sides. CBS News' Weijia Jiang and Holly Williams have more.