America's billionaires pay lower tax rates than you do, study finds
The wealthiest 400 people in the U.S. pay a tax rate of 24%, lower than the average rate for all other taxpayers, economists find.
Economy
Questions about Trump move to fire Lisa Cook
President Trump has taken his fight with the Federal Reserve to another level, demanding the removal of one of the Central Bank's governors. Overnight, Trump posted an apparent termination letter online, saying that he removed Lisa Cook over allegations that she committed mortgage fraud. But there are questions about Mr. Trump's authority to remove Cook. CBS News' Aaron Navarro and Jo Ling Kent break the situation down.
Lisa Cook to Trump: "I will not resign"
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
Wired: AI eliminating young workers' jobs
Artificial intelligence is growing at a rapid pace, leaving some young workers wondering what the technology means for their future. According to a report from Wired, economists at Stanford University say they've found the strongest evidence yet that AI is starting to eliminate certain jobs for young people. Will Knight, senior writer at Wired and author of the A.I. Lab newsletter, joins CBS News to discuss.
New Federal Reserve statement on Trump, Cook
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
New August economic data
New Consumer confidence data released Tuesday shows a drop in August. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
The Fed's Powell is worried about the job market. Here are 3 red flags.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Economist on potential interest rate cut
Federal Reserve chair Jerome Powell signaled Friday that he could cut interest rates soon, which comes after months of pressure from the Trump administration. Allianz chief economic adviser Mohamed El-Erian tells "Face the Nation with Margaret Brennan" that many economists think Powell should cut rates earlier as well, saying that he believes that Powell "hasn't looked forward enough" on interest rates and that the Fed chair has "been very data dependent. And therefore, he has tended to be late."
Las Vegas tourism slumps, costing city billions
Tourism in Las Vegas is slumping this summer, costing the city billions. That could signal trouble ahead for the U.S. economy. Andres Gutierrez has new details.
Fed Chair Powell teases lower interest rates
Federal Reserve Chair Jerome Powell signaled Friday that he may lower interest rates. The announcement comes after months of pressure from the Trump administration.
Historian's book analyzes American capitalism
A new book called "Ages of American Capitalism" explores the Federal Reserve's role and other dimensions of economic history in America. Its author, historian Jonathan Levy, joins "The Takeout" to discuss.
Stocks skyrocket after Powell speech
Federal Reserve Chair Jerome Powell gave a speech that sent all three stock indexes soaring. Traders excavated clues of an interest rate coming. Archie Hall, U.S. economics editor for The Economist, joins "The Takeout" to discuss.
Dow surges more than 800 points after Fed's Powell hints at rate cut
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Dow Jones soars over 800 points
Investors reacted to a major speech from Federal Reserve Chair Jerome Powell, offering his strongest indication yet that interest rates may be coming. Paul La Monica, senior market analysis writer for Barron's, joins CBS News to discuss.
Fed Chair Jerome Powell signals path to rate cuts at Jackson Hole
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Fed Chair Powell faces delicate balancing act in Jackson Hole speech
Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech on Friday.
Products impacted by U.S.-EU trade deal
The Trump administration and the European Union are sharing new information about a trade framework between the EU and United States. CBS News senior business and technology correspondent Jo Ling Kent has the details.
U.S. and EU flesh out trade commitments under new framework deal
The U.S. and European Union said they have formalized a deal aimed at rebalancing their trade relationship.
4 reasons why the Trump tariffs haven't caused U.S. inflation to soar
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
What to know as Target changes CEO
Target shares fell more than 6% on Wednesday after the retailer reported a quarterly drop in sales and announced a new CEO. Ted Rossman, a senior industry analyst for Bankrate, a financial services company, joins "The Daily Report" to discuss.
Inflation still outpacing wages, study finds
Four years after the pandemic caused prices to increase, a new study found that U.S. wages have still not caught up with inflation. Sarah Foster, a U.S. economy reporter and analyst for Bankrate, the service that released the report, joins "The Daily Report" to discuss.
S&P reaffirms the U.S. credit rating, citing higher tariff revenue
S&P said it is maintaining the AA+ rating on the U.S. as it expects tariff revenue will shore up the nation's finances.
Back to school season is here. See these tips to save money.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
Why Nevada is facing worsening food insecurity
High costs and cuts to federal government subsidies have made the nation's food insecurity crisis worse. Andres Gutierrez reports on the struggle to put food on the table in Nevada.
Many U.S. jobs are falling further behind inflation, study finds
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
Live
Iran war keeps Strait of Hormuz paralyzed and gas prices on the rise
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
Watch Live: Trump speaking ahead of Kennedy Center board meeting
President Trump is holding a news conference ahead of meeting of the Kennedy Center board of trustees at the White House.
Who won Oscars for 2026? See the full winners list here
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Travelers face long lines at airports after TSA workers miss first full paycheck
Travelers continue to face long lines at airports across the U.S. due to the partial government shutdown affecting TSA agents.
Exclusive
U.S. intel shows Iran's late leader was wary of son in power, sources say
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Suspect who played key role in "El Mencho" raid is arrested
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said .
Weather threats bring blizzard conditions, early heat wave to parts of U.S.
A severe weather front has dumped heavy snow on the Upper Midwest, caused thunderstorms in the South and threatens Mid-Atlantic states with rain and possible tornadoes.
Exclusive
FCC Chair Brendan Carr says broadcast licenses are not a "property right"
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
U.S.
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Watch Live: Trump speaking ahead of Kennedy Center board meeting
President Trump is holding a news conference ahead of meeting of the Kennedy Center board of trustees at the White House.
With gas prices still rising, experts recommend 3 ways to save fuel
Small adjustments, like maintaining a steady speed while driving, can help maximize fuel efficiency, experts say.
Gas prices edge higher with Brent crude remaining above $100 per barrel
Gas prices have jumped almost 79 cents per gallon from a month ago, raising fresh inflation concerns.
Travelers face long lines at airports after TSA workers miss full paycheck
Travelers continue to face long lines at airports across the U.S. due to the partial government shutdown affecting TSA agents.
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
MoneyWatch
More MoneyWatch
With gas prices still rising, experts recommend 3 ways to save fuel
Small adjustments, like maintaining a steady speed while driving, can help maximize fuel efficiency, experts say.
Gas prices edge higher with Brent crude remaining above $100 per barrel
Gas prices have jumped almost 79 cents per gallon from a month ago, raising fresh inflation concerns.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
How would escorting oil tankers through Strait of Hormuz work?
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Chart shows what you're paying for when you buy a gallon of gas
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Politics
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Watch Live: Trump speaking ahead of Kennedy Center board meeting
President Trump is holding a news conference ahead of meeting of the Kennedy Center board of trustees at the White House.
Crenshaw on primary loss: "Are you going to believe everything you read online?"
Rep. Dan Crenshaw, whose term as representative of Texas' 2nd congressional district is set to end following his loss in the Republican primary earlier this month, appeared on "Face the Nation with Margaret Brennan" on Sunday.
Full transcript of "Face the Nation with Margaret Brennan," March 15, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and Rep. Dan Crenshaw join Margaret Brennan.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan," March 15, 2026
The following is the transcript of the interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," March 15, 2026
The following is the transcript of the interview with National Economic Council Director Kevin Hassett that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
HealthWatch
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Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Disease once linked to mining hits workers in countertops industry
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
World
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2 dead, including girl, after boats carrying students capsize off Japan
Coast guard rescuers pulled all 21 people out of the water, but a 17-year-old student and the captain of one of the boats were later pronounced dead.
Suspect who played key role in "El Mencho" raid is arrested
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
Ecuador launches U.S.-backed anti-drug operations: "We're at war"
The operation marks the latest joint show of force against drug cartels in the South American country.
Live
Iran war keeps Strait of Hormuz paralyzed and gas prices on the rise
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
5th member of Iran women's soccer team changes mind on asylum in Australia
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
Entertainment
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Entertainment
Did "Sinners" get snubbed at the Oscars?
The 2026 Academy Awards were held in Los Angeles on Sunday. Entertainment Tonight host Kevin Frazier breaks down the winners and the biggest upsets.
Oscars 2026 best dressed
CBS News contributor Lauren Sherman breaks down some of the best looks from the 2026 Oscars, where looks from Chanel and Dior dominated the red carpet.
Lizzo announces children's book
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
Breaking down top moments from the Oscars
Clayton Davis, the senior awards editor for Variety, joins "CBS Mornings" to discuss the big moments, winners and surprises at the Oscars.
Big winners from the Oscars
"One Battle After Another" took home six awards at the Oscars, including Best Picture and Best Director, while Michael B. Jordan won Best Actor for his performance in "Sinners." Meanwhile, actor Billy Crystal led the in memoriam segment with an emotional tribute to Rob Reiner and his wife, Michele, who were killed last year. Nischelle Turner reports on Hollywood's biggest night.
Technology
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Technology
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the 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.
3 teens took part in a weeklong experiment to curb screen time. It worked.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
How Pentagon-Anthropic AI dispute escalated
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
Science
More Science
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Crime
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Crime
Closing arguments in Kouri Richins trial
Closing arguments are expected to begin on Monday in Kouri Richins' murder trial. She's accused of giving her husband a deadly dose of fentanyl four years ago before she later published a children's book about grief. The case included 13 days of testimony, but the defense did not call any witnesses. If convicted, Richins could face life in prison.
Suspect who played key role in "El Mencho" raid is arrested
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
Ecuador launches U.S.-backed anti-drug operations: "We're at war"
The operation marks the latest joint show of force against drug cartels in the South American country.
Murder-for-hire scheme uncovered in investigation of slain teacher
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Players Championship start delayed amid manhunt for murder suspect
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Space
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Space
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Allies on Trump's Strait of Hormuz threat
President Trump told reporters Sunday night that he thinks NATO allies should help with reopening the Strait of Hormuz. German officials responded by saying it's "not NATO's war" and pointing out that the U.S. and Israel didn't consult their allies before striking Iran. CBS News' Nancy Cordes has more.
Trump asks for help with Strait of Hormuz
White House press secretary Karoline Leavitt told CBS News' Nancy Cordes that President Trump has a right to ask allies for help with reopening the Strait of Hormuz. CBS News' Charlie D'Agata, Imtiaz Tyab and Nancy Cordes have more.
Lawmakers react to more troops in Middle East
The Pentagon is sending 5,000 more service members to the Middle East amid lawmakers' concerns and frustrations over the Trump administration's lack of congressional approval before striking Iran. CBS News' Nikole Killion has the latest.
Severe weather slams Midwest, South
A late winter blizzard swept across the upper Midwest, bringing 20 inches of snow and winds up to 40 mph to parts of the region. Meanwhile, the same weather system hit southern Tennessee with a possible tornado. Ian Lee reports.
More on Iran as Trump urges allies to help
President Trump is urging U.S. allies to help keep peace at the Strait of Hormuz as the global supply chain faces challenges during the Iran war. CBS News' Ramy Inocencio reports, and retired Rear Adm. Mark Montgomery, the senior director at the Foundation for Defense of Democracies, has more insight. Also, Olivia Rinaldi has more on President Trump's latest comments.