Stocks rise after Iran's attack on U.S. base
Investors experienced some whiplash on Monday as stocks shot up following Iran's retaliatory attack on a U.S. base in Qatar. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Economy
Oil prices drop after Iran attacks U.S. base
Oil investors backed off Monday after seeing Iran's retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
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.
Financial burden rises for transportation
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.
Fed Chair on why rates stayed steady
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.
Why the Fed held interest rates steady again
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. minted 1,000 new millionaires a day last year, UBS report says
The U.S. accounts for the largest share of individuals with net worths of at least $1 million across the globe.
Data shows drop in U.S. retail sales in May
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.
Investors uncertain over Iran, Israel
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.
Oil prices spike amid Israel-Iran strikes
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 drop, oil prices surge
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.
New laws for 2020
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.
Americans share struggles to afford basic needs
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.
Reporter's Notebook: Tax plan gamble
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.
Young Americans are embracing thrifting
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 to temporarily halt 737 Max production
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.
Deal or no deal? The expansion of Dollar Stores
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.
Bank of America report on consumer spending
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.
Job seekers: Take advantage of the holidays
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.
Police officer shares struggle to buy first home
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.
More on trade framework between U.S., China
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.
Stocks waver in wake of U.S.-China framework
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.
Bessent defends tariffs, U.S.-China trade deal
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.
Report: Home sellers outnumber buyers
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."
Teacher on $37,000 salary fights to stay afloat
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.
HHS freezes all child care payments to Minnesota after viral fraud allegations
The Department of Health and Human Services said Tuesday it has frozen federal child care funding for the state of Minnesota, citing viral fraud allegations.
Tatiana Schlossberg, granddaughter of JFK, dies at 35
Tatiana Schlossberg, the granddaughter of late President John F. Kennedy, has died after announcing a terminal cancer diagnosis in late November.
Flu cases spiking this holiday season, CDC data shows
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
Court order suggests officials pushed to prosecute Abrego Garcia after deportation
A court order suggests the Trump administration pushed to prosecute Kilmar Abrego Garcia only after he challenged his deportation, with one top DOJ official calling it a "top priority."
1 killed, dozens injured in head-on train collision near Peru's Machu Picchu
The head-on collision occurred between two trains on the line that services the historic Peruvian site Machu Picchu.
Body found amid search for missing Texas teen Camila Mendoza Olmos
The body has not yet been identified, Texas officials said at a Tuesday news conference.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
ICE can access some Medicaid information for deportation efforts, judge says
U.S. District Court Judge Vince Chhabria said in an order Monday the Department of Homeland Security can receive biographical, contact and location information from the Medicaid program.
Patriots receiver Stefon Diggs charged with strangulation, assault and battery
Stefon Diggs, a star wide receiver with the New England Patriots, is facing criminal charges after an incident in Massachusetts earlier this month.
U.S.
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Body found amid search for missing Texas teen Camila Mendoza Olmos
The body has not yet been identified, Texas officials said at a Tuesday news conference.
Black bear living underneath Altadena house shows no sign of budging
The 550-pound black bear has taken up residence in the crawlspace underneath Ken Johnson's home in California for a month.
Fed meeting minutes reveal deep splits on December rate cut decision
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
Tatiana Schlossberg, granddaughter of JFK, dies at 35
Tatiana Schlossberg, the granddaughter of late President John F. Kennedy, has died after announcing a terminal cancer diagnosis in late November.
Flu cases spiking this holiday season, CDC data shows
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
MoneyWatch
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Fed meeting minutes reveal deep splits on December rate cut decision
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
Silver is rebounding after its worst trading day in four years
Silver prices have more than doubled in 2025, outpacing this year's surge in gold prices, as investors seek safe haven investments.
Judge blocks White House from defunding CFPB as its funds were about to run out
A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau.
Ground beef recalled in 6 states over possible E. coli contamination
The recalled ground beef was sold to distributors in California, Colorado, Idaho, Montana, Pennsylvania and Washington.
Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Politics
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HHS freezes all child care payments to Minnesota after viral fraud allegations
The Department of Health and Human Services said Tuesday it has frozen federal child care funding for the state of Minnesota, citing viral fraud allegations.
Court order suggests officials pushed to prosecute Abrego Garcia after deportation
A court order suggests the Trump administration pushed to prosecute Kilmar Abrego Garcia only after he challenged his deportation, with one top DOJ official calling it a "top priority."
Fed meeting minutes reveal deep splits on December rate cut decision
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
ICE can access some Medicaid information for deportation efforts, judge says
U.S. District Court Judge Vince Chhabria said in an order Monday the Department of Homeland Security can receive biographical, contact and location information from the Medicaid program.
More artists cancel Kennedy Center performances after board vote on name change
The Kennedy Center board, whose members were appointed by President Trump, voted earlier this month to add his name to the building.
HealthWatch
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Flu cases spiking this holiday season, CDC data shows
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
New California tortilla law aims to decrease birth defects in Latino babies
Mom-and-pop shops will be exempt from this change, but big manufacturers in California will need to start adding folic acid to tortillas beginning January 1.
Advances in treatment for Alzheimer's disease
The number of Americans with Alzheimer's disease is expected to double from 7 million in 2020 to 14 million by 2060, according to the CDC. However, advances in treatment options are giving more people hope in slowing the decline. Dr. Jon LaPook breaks it down.
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
World
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1 killed, dozens injured in head-on train collision near Peru's Machu Picchu
The head-on collision occurred between two trains on the line that services the historic Peruvian site Machu Picchu.
Spanish woman known for botched fresco restoration dies at 94
Cecilia Giménez's botched restoration of a century-old painting of Jesus Christ captured global headlines more than a decade ago.
Cable car accident leaves 4 hurt, 100 stranded on mountain for hours
Four people were injured and around 100 stranded visitors had to be rescued by helicopter after a cable car accident in northern Italy, officials said.
No sign of "broader terrorist cell" behind Bondi Beach attack, police say
Australian police say there's no evidence the Sydney father and son suspects in the attack on a Jewish holiday event got training or instruction in the Philippines.
Police compare Germany bank vault robbery to an "Ocean's Eleven" heist
Thieves apparently spent much of the weekend plundering deposit boxes inside a German bank vault after tunneling through from a parking garage.
Entertainment
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George Clooney, his wife and their twins granted French citizenship
France's government says that George Clooney, his wife Amal and their eight-year-old twins Ella and Alexander have been awarded French citizenship.
Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Actor accusing Tyler Perry exchanged texts with him years after alleged assault
Actor Mario Rodriguez alleged in the lawsuit filed last week in California that Tyler Perry sexually assaulted him during encounters between 2014 and 2019.
French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
MetroCard art: Swiping beauty from the mundane
On December 31, New York City will officially retire the transit system's MetroCard, that ubiquitous piece of plastic used to gain entrance onto subways and buses. But there is beauty in using MetroCards as the raw materials for art, as Thomas McKean has found in his collages and miniature sculptures depicting portraits of city life. Serena Altschul reports.
Technology
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OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
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.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Science
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2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Crime
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Crime
D.C. bomb suspect to stay detained for now
The man accused of planting pipe bombs in Washington, D.C., the night before Jan. 6, 2021, will remain in custody for now. CBS News justice correspondent Scott MacFarlane has the details.
DHS probes fraud at MN day care centers
The Department of Homeland Security is investigating after conservative YouTuber Nick Shirley posted a video that has gone viral, alleging potential fraud at a dozen day care centers in Minnesota. Jonah Kaplan reports.
Latest on proceedings against Tyler Robinson
A Utah judge ordered the release of a transcript from a closed-door hearing in the case against Tyler Robinson, who is accused of murdering Republican political influencer Charlie Kirk. CBS News' Scott MacFarlane reports.
Patriots receiver Stefon Diggs charged with strangulation, assault and battery
Stefon Diggs, a star wide receiver with the New England Patriots, is facing criminal charges after an incident in Massachusetts earlier this month.
Police compare Germany bank vault robbery to an "Ocean's Eleven" heist
Thieves apparently spent much of the weekend plundering deposit boxes inside a German bank vault after tunneling through from a parking garage.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
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
We asked people to reflect on 2025
As 2025 comes to a close, Jericka Duncan asks people to reflect on the past year and look toward the next.
550-pound bear refuses to leave man's crawl space
A massive black bear has been living beneath a home in Altadena, California, for the past month. As Carter Evans reports, the problem has become unbearable.
HHS freezes all child care funding to Minnesota
The Department of Health and Human Services said it has frozen federal child care funding for the state of Minnesota, citing viral fraud allegations. Jonah Kaplan has the latest.
Search for missing Malaysia Airlines plane resumes
Almost 12 years after Malaysia Airlines Flight 370 vanished over the Indian Ocean with 239 people on board, the search for the Boeing 777's wreckage was scheduled to resume in the Indian Ocean -- supported by the latest advancements in deep-sea, self-guided drone technology. Elizabeth Palmer has more.
Many states reporting higher than usual flu cases
There has been a recent surge in flu cases over the holidays. Previously, 14 states were reporting high or very high levels of flu. Now that number has more than doubled to 29 states across the country. Dr. Jon LaPook explains.