The World Cup is a big business, and a showcase for changing global economy
What do countries spend hosting the World Cup and what do they hope to get out of it? Jill Schlesinger reports.
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What do countries spend hosting the World Cup and what do they hope to get out of it? Jill Schlesinger reports.
President Obama says nobody should have to choose between a job and their family, advocating for workplace policies to increase workers' flexibility.
After a weaker-than-expected report on housing starts and a slump in mortgage activity, investors are awaiting data on new and existing home sales activity as well as prices. While the housing market has slowed notably in the first half of the year, many economists believe that it should recover from its current soft patch in the second half of the year and beyond. Jill Schlesinger has that story and more in her look at the business week ahead.
The government says the unemployment rate fell in 20 states in May while nearly three-quarters of states added jobs. The biggest unemployment rate drops were in Illinois and Massachusetts. Rhode Island has the nation's highest unemployment rate. Jericka Duncan has that story and more MoneyWatch headlines.
Speaking to reporters in her second formal news conference as head of the Federal Reserve, Janet Yellen downplayed the recent uptick in inflation, saying prices are rising in line with the central bank's 2014 projections.
Federal Reserve Chair Janet Yellen will discuss the state of America's economy later today, as GM is grilled by Congress about sweeping vehicle recalls. Jill Wagner has the top financial stories.
Although the central bank has clung to its policy of keeping interest rates low, financial markets increasingly expect a change in direction. CBS MoneyWatch contributor Anthony Mirhaydari explains.
The Better Business Bureau is warning consumers not to fall for a new scam. Recently, scammers have taken to Craigslist and other websites posting a job for "the Home Depot survey." Jericka Duncan has that story and more MoneyWatch headlines.
All eyes will be on the Federal Reserve when the central bank concludes a two-day policy meeting. Most believe that officials will announce another $10 billion cut to its bond-buying program. Jill Schlesinger has that story and more in her look at the business week ahead.
Ford says it's lowering the fuel economy ratings for six models, including 2013 and 2014 model year hybrid and plug-in hybrid vehicles in addition to most 2014 model year Fiestas. Jeff Pegues reports.
Various signals suggest the U.S. economy is finally recovering in earnest. CBS MoneyWatch contributor Anthony Mirhaydari sifts through the data to see if Americans can expect stronger hiring.
Lloyd Blankfein, the chairman and CEO of Goldman Sachs, is one of the world's most influential corporate leaders. Blankfein talks to the "CBS This Morning" co-hosts about the economy and the energy revolution changing America's place in the world.
New York Times columnist Tom Friedman says President Obama is trying to broaden the view of climate change from a purely environmental issue to an economic and security issue.
Employers added 217,000 jobs in May, holding the unemployment rate steady at 6.3 percent. Joe Deaux, economics analyst for thestreet.com, joins “CBS This Morning: Saturday” to explain why economists aren’t happy.
Colorado's governor has signed legislation that seeks to form a network of uninsured cooperatives that will give marijuana businesses access to basic financial services. Because banks don't want to violate federal law, most pot-based businesses are cash-only. Alison Harmelin has that story and more MoneyWatch headlines.
After auto sales surged to a seven-year high and the economy showed signs of growing in every region of the country, economists are eagerly awaiting the report on retail sales for May. Jill Schlesinger has that story and more in her look at the week ahead in business.
The U.S. economy added 217,000 jobs for the month of May as the unemployment rate held steady at 6.3 percent. Employment for baby boomers jumped 9 percent in the past six years. But millenials have barely seen any growth at all. Anthony Mason reports.
Verizon is threatening Netflix with legal action over a message Netflix sent to its customers, GM released the results of its investigation into its controversial ignition switch recall -- and more. Jill Wagner reports on the day's top financial stories.
European banking authorities plan to cut lending rates and take other action to bolster the region's sagging economy. But is it enough to kick-start growth? CBS MoneyWatch contributor Anthony Mirhaydari explains.
Big companies have seen earnings soar since the Great Recession ended in 2009. But signs suggest that surge is running out of steam, damping profits and threatening to catch investors by surprise. CBS MoneyWatch contributor Anthony Mirhaydari explains.
Environmental Protection Agency (EPA) Administrator Gina McCarthy rolls out a new proposal to cut carbon pollution from existing power plants, challenging critics who claim the new rules will hurt the economy.
The nation’s unemployment rate sits at 6.3 percent, just a tenth of a percent below the pre-recession peak. While the number of those out of work more than six months has dropped by more than 900,000 in the past year, the ranks remain bloated at 3.5 million. Jill Schlesinger reports.
A report showing consumer spending is slowing down led to a mixed finish for the financial markets. The Dow added 18 points, but the NASDAQ fell five. Several key economic reports will soon be released detailing the state of the nation’s construction and auto industries. Jericka Duncan reports.
Two major Wall Street stock indexes posted record highs. The Dow Jones industrial average was up 18 points Friday, closing at 16,717. The S&P 500 posted its fourth record high in the last five sessions. Vinita Nair reports.
U.S. home sales are still recovering from the mortgage crisis and recession of 2008, but there’s been a striking jump in the number of all-cash home purchases. Zillow contributor Vera Gibbons joins “CBS This Morning: Saturday” to take a closer look at this surprising trend.
Iran says 4 people were killed in what the U.S. military describes as "self-defense strikes," but Rubio says a deal is still possible despite the clash.
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
The White House said President Trump will get a medical and dental checkup and meet with service members and staff at Walter Reed National Military Medical Center.
The Supreme Court turned away an appeal by the NFL stemming from coach Brian Flores' racial discrimination suit, allowing his case to proceed in federal court.
Authorities in Belgium say a train slammed into a school minibus at a crossing in the town of Buggenhout, killing at least 4 people including 2 children.
The three-judge district court panel ordered Alabama to use a congressional map with two majority-Black districts in the upcoming midterm elections.
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
North Korea launched multiple short-range ballistic missiles toward the sea, South Korea's military said, the latest in a series of weapons demonstrations by Pyongyang this year.
Iran's judiciary described Gholamreza Khani Shakarab as "one of the operational ringleaders of Mossad abroad."
The three-judge district court panel ordered Alabama to use a congressional map with two majority-Black districts in the upcoming midterm elections.
Oil prices were mixed after U.S. strikes on Iranian forces, underscoring the risks still hanging over markets and consumers.
The Supreme Court turned away an appeal by the NFL stemming from coach Brian Flores' racial discrimination suit, allowing his case to proceed in federal court.
A skydiver was killed and another suffered injuries after they collided during a scheduled "group jump" in Washington state, authorities said.
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
Oil prices were mixed after U.S. strikes on Iranian forces, underscoring the risks still hanging over markets and consumers.
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
South Korean Starbucks' boss apologized again as it faced a backlash over a marketing campaign widely seen as mocking victims of a bloody military crackdown in 1980.
Here are the financial considerations to make when shopping for a new vehicle amid high car prices.
Most retail stores will be open for business on Memorial Day, while post offices will be closed. Here's what to know.
The three-judge district court panel ordered Alabama to use a congressional map with two majority-Black districts in the upcoming midterm elections.
The Supreme Court turned away an appeal by the NFL stemming from coach Brian Flores' racial discrimination suit, allowing his case to proceed in federal court.
The White House said President Trump will get a medical and dental checkup and meet with service members and staff at Walter Reed National Military Medical Center.
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
Iran's judiciary described Gholamreza Khani Shakarab as "one of the operational ringleaders of Mossad abroad."
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
As Iran accuses the U.S. of a "grave violation" of the fragile ceasefire, Rubio says a deal is still possible despite the latest clash.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
South Korean Starbucks' boss apologized again as it faced a backlash over a marketing campaign widely seen as mocking victims of a bloody military crackdown in 1980.
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
The American Music Awards honored the influence of K-pop during its 2026 celebration. Pop music journalist Brittany Spanos joins CBS News Mornings with more.
There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night's biggest prize.
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Pope Leo XIV warns of the dangers of artificial intelligence in his first encyclical. CBS News' Chris Livesay reports.
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
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.
Amid concern about AI taking jobs, people see a range of motives by AI companies.
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
21-year-old Nasire Best, the suspect linked to a shooting near the White House on Saturday, previously tried to gain access to the White House and may have had mental health issues, according to law enforcement sources and court documents. CBS News' Nicole Sganga reports.
The thieves stole jewelry, high-end watches and souvenirs such as sports jerseys, among other belongings, police said.
Daniel Sikkema faces a mandatory sentence of life in prison. Brent Sikkema was stabbed to death in his Rio de Janeiro townhouse in 2024.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
There are certain conditions to consider before choosing a retirement plan. CBS News' Jill Schlesinger reports. (Sponsored by AT&T Business)
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
The American Music Awards honored the influence of K-pop during its 2026 celebration. Pop music journalist Brittany Spanos joins CBS News Mornings with more.
For the first time in 27 years, the New York Knicks are going to the NBA Finals after sweeping the Cleveland Cavaliers. "CBS Mornings" co-host Nate Burleson reports.
Pope Leo XIV warns of the dangers of artificial intelligence in his first encyclical. CBS News' Chris Livesay reports.