Global economy reacts to U.S. strikes on Iran
U.S. and global markets remained mostly steady following U.S. strikes on Iran's key nuclear sites over the weekend. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
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U.S. and global markets remained mostly steady following U.S. strikes on Iran's key nuclear sites over the weekend. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
America's affordability crisis is getting worse. Average Americans are struggling to afford rent, groceries and transportation. Elise Preston reports on the economic struggle many face to even leave their home.
The Federal Reserve is keeping interest rates unchanged for now, but as many as two interest rate cuts could occur later this year. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Federal Reserve held its benchmark interest rate steady on Wednesday despite President Trump's push for a cut. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
The U.S. accounts for the largest share of individuals with net worths of at least $1 million across the globe.
New economic data released Tuesday suggests the turmoil surrounding tariffs is affecting U.S. consumer spending. Retail sales in the U.S. dropped 0.9% in May, a sharp dip from the 0.1% decline the month before. Kelly O'Grady takes a look at the numbers.
The ripple effect of the back-to-back strikes between Israel and Iran were seen in the U.S. stock market on Friday. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stocks lost ground on Friday as traders kept a close eye on the conflict between Israel and Iran. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Stocks tumbled and oil prices surged on Friday in the wake of Israel's strikes in Iran. CBS News MoneyWatch correspondent Kelly O'Grady has more.
As the clock struck midnight, new laws took effect across the country. And the new decade started with a bonus for millions of workers. Carter Evans explains.
America is facing a cost of living crisis. "CBS Evening News" spoke to three Americans about what it's like trying to stay afloat as everyday costs surge.
A new tax proposal backed by President Trump would give the biggest benefits to the top earners, while cutting support for the poor. If the promised growth doesn't come, the most vulnerable will pay the price. "CBS Evening News" co-anchor John Dickerson explains.
Americans worried about costs have flocked to the used clothing market. Thrifting is an easy way to avoid tariffs, with prices generally 50% to 75% off of retail. Janet Shamlian reports.
Boeing will temporarily stop making its troubled 737 Max jet next month, a decision that could have a big impact on the U.S. economy. Tens of thousands of jobs are linked to the airliner's production. The 737 Max was grounded in March after software issues were tied to two deadly crashes that killed 346 people. Kris Van Cleave reports.
It's the latest struggle between Main Street and corporate America: Dollar General, Dollar Tree and Family Dollar have opened tens of thousands of retail outlets across the U.S., and in many rural areas they are the only game in town. Grocers say these stores have effectively forced them out of business, thereby reducing options for fresh food and produce for miles around. Experts say it is having negative effects on public health, but according to Dollar General it is up to consumers to decide where to shop and what to eat. Special Contributor Allison Aubrey, of National Public Radio, reports.
A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior economist at the Bank of America Institute, joined CBS News to discuss the report.
Searching for work during the holidays may be less difficult than you think because of the strong economy. Economists expect employers created about 180,000 jobs. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss how job seekers can take advantage of the holiday season.
Americans are sharing their struggles to make ends meet in CBS News' series, "The Cost of Living." A rookie cop in Connecticut talks about the challenges of buying his first home.
The Trump administration says it agreed to a framework for a trade deal with China. Plus, new data from the Labor Department shows inflation rose less than expected last month. CBS News' Olivia Rinaldi and Kelly O'Grady have more.
The Dow Jones had an up and down day Wednesday, finishing flat after news of the U.S. and China agreeing to a framework for a trade deal and new data that showed inflation rose slightly in May, although less than economists had expected. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Rep. Linda Sánchez of California and Treasury Secretary Scott Bessent sparred over President Trump's tariff policy at a House hearing on the department's budget request. Sánchez questioned whether the Trump administration negotiated a good trade deal with China.
The U.S. is facing the widest gap on record between the number of homebuyers and home sellers in the country, creating an opportunity market for those currently looking to buy a house. Axios Phoenix reporter Jeremy Duda discusses his article on the trend with "The Daily Report."
In a recent CBS News poll, two out of three Americans said they're stressed about their own finances, while three out of four said their incomes are not keeping up with inflation. A single mom of three shows what it's like to make ends meet on a teacher's salary of $37,000.
Missed the second half of the show? The latest on the economy, voting and Major Garrett's new book
Missed the second half of the show? The latest on socialism, culture war and economic growth.
President Trump said Georgia Republican Rep. Marjorie Taylor Greene is "not AMERICA FIRST or MAGA" and also attacked "60 Minutes" and Paramount in a social media post.
The Supreme Court heard arguments over the president's authority to remove members of many independent agencies that Congress has sought to insulate from political pressure.
Alina Habba served as a personal lawyer to President Trump before she was tapped to temporarily serve as U.S. attorney in New Jersey.
White House envoys say the Ukraine peace process hinges "on Russia's readiness," but Mr. Trump is once again voicing disappointment with Kyiv.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy Warner Bros. in a deal valued at $82.7 billion.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
A court found the soldiers guilty of beating Russell Bentley, 64, to death in April 2024, after they mistook him for a U.S. spy.
The Senate is set to vote on a Democratic health care proposal this week, a key tenet of the deal to end the government shutdown.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
Alina Habba served as a personal lawyer to President Trump before she was tapped to temporarily serve as U.S. attorney in New Jersey.
President Trump said Georgia Republican Rep. Marjorie Taylor Greene is "not AMERICA FIRST or MAGA" and also attacked "60 Minutes" and Paramount in a social media post.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Former South Carolina court clerk Becky Hill has pleaded guilty to showing sealed court exhibits to a photographer and lying about it in court.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
Dozens of health care organizations have asked the Trump administration to shield the doctors, nurses, and techs they need to fill shortages from a $100,000 visa fee for skilled foreign workers.
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
Alina Habba served as a personal lawyer to President Trump before she was tapped to temporarily serve as U.S. attorney in New Jersey.
President Trump said Georgia Republican Rep. Marjorie Taylor Greene is "not AMERICA FIRST or MAGA" and also attacked "60 Minutes" and Paramount in a social media post.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
The Senate is set to vote on a Democratic health care proposal this week, a key tenet of the deal to end the government shutdown.
The Supreme Court heard arguments over the president's authority to remove members of many independent agencies that Congress has sought to insulate from political pressure.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
Underwater archaeologists announced they had discovered the ancient wreck of an ancient Egyptian pleasure boat off the coast of Alexandria.
A powerful wave dragged a group of swimmers at a popular seawater pool along the coast of the Spanish island of Tenerife. At least four people have died and one is missing.
White House envoys say the Ukraine peace process hinges "on Russia's readiness," but Mr. Trump is once again voicing disappointment with Kyiv.
The deaths occurred Sunday at a prison in the coastal city of Machala, Ecuador, after "the detonation of an explosive device" outside, officials said.
Japan's Prime Minister Sanae Takaichi said the government set up an emergency task force to urgently assess the extent of damage.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
"CBS Mornings" reveals the nominees for some of the Golden Globe Awards' biggest categories. Plus, Fandango managing editor Erik Davis breaks down the nominations.
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Elvis Presley biographer Peter Guralnick's latest book traces the relationship between the King and Colonel Tom Parker, a manager whose marketing savvy helped launch a rock 'n' roll revolution.
Waymo, the ride-hailing service, says it is planning a voluntary software recall to fix a glitch after reports its self-driving cars don't stop for school buses. The company has already tried to fix the issue, but police in Texas said it didn't work. Kris Van Cleave reports.
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
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.
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. Jo Ling Kent talks with Tilly's creator, Eline Van der Velden, about her goal of producing "the Scarlett Johansson of the AI genre." Kent also talks with Kevin Reilly, CEO of Kartel ai, a Beverly Hills tech startup; and with SAG-AFTRA president Sean Astin, about the impact of AI on Hollywood and the actors' union.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
The deaths occurred Sunday at a prison in the coastal city of Machala, Ecuador, after "the detonation of an explosive device" outside, officials said.
Rep. Marjorie Taylor Greene, a Republican from Georgia, spoke out on "60 Minutes" about her dynamic with President Trump ever since she joined calls for the release of files on Jeffrey Epstein. CBS News' Nikole Killion reports.
Luigi Mangione, the suspect in the muder of United Healthcare CEO Brian Thompson, returns to court Monday. Prosecutors say newly released surveillance video shows the moments before and after the deadly shooting last year. Prosecutors also released new photos of what Mangione was allegedly carrying the day of his arrest.
A court found the soldiers guilty of beating Russell Bentley, 64, to death in April 2024, after they mistook him for a U.S. spy.
Fernando Nunez was shot and killed by hitmen while returning from an assignment and his brother was critically injured, the ANP said.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Ukrainian President Volodymyr Zelenskyy met with French President Emmanuel Macron, German Chancellor Friedrich Merz and British Prime Minister Keir Starmer in London on Monday to seek security guarantees as he pushes for an end to his country's war with Russia. CBS News foreign correspondent Ramy Inocencio has the latest.
The Supreme Court is hearing arguments Monday over President Trump's firing of former Federal Trade Commission member Rebecca Kelly Slaughter. CBS News' Katrina Kaufman breaks down the arguments so far.
Democratic Rep. Jasmine Crockett is weighing a run for the U.S. Senate in Texas. CBS News reporter Shawna Mizelle reports.
The Trump administration ramped up immigration activity in Minnesota amid allegations that pandemic relief money made its way to Somali-based al Qaeda affiliate al Shabaab. CBS News' Tom Hanson has more details.
President Trump blasted Rep. Marjorie Taylor Greene's "60 Minutes" interview on social media, writing that he reminds her of a rotten apple and adding her views are "those of a very dumb person." CBS News' Taurean Small has the latest from Capitol Hill.