Low confidence in economy amid government shutdown
A recent survey shows consumer confidence in the economy is near record-low amid the ongoing government shutdown. Andres Gutierrez is in Burbank, California, with the details.
Economy
Hassett: "Negative quarter" possible
White House National Economic Council Director Kevin Hassett told "Face the Nation with Margaret Brennan" that the fourth quarter could be a "negative quarter" if the government shutdown drags on through Thanksgiving. He added that military paychecks could stop on Nov. 15, and while SNAP benefits are being administered under the law, but "it's really, really pushing the boundaries of the law."
Holiday spending predictions defy consumer sentiment
As the holiday season approaches, a new survey finds consumer sentiment is at a 3-year low. However, Ali Bauman learns that the data does not seem to be impacting people's spending habits.
Iowa farmers to lose income in 2026: report
A new report indicates that farmers' incomes across Iowa could decline significantly next year. The net income for Iowa farmers is expected to fall by 24% compared to this year. That's a total of $3 billion, according to the Rural and Farm Finance Policy Analysis Center at the University of Missouri. CBS News correspondent Lana Zak has more.
Seasonal retail jobs are set to drop to lowest level in 15 years
Workers looking to pick up extra cash working retail jobs this winter may be out of luck as stores pull back on hiring.
Examining why Democrats swept 2025 elections
On Tuesday, Democrats Abigail Spanberger and Mikie Sherrill won their gubernatorial races and exceeded pollsters' expectations. Political strategists Alex Conant and Ofirah Yheskel, along with CBS News political director Fin Gómez, join with analysis.
Analyzing latest economic data
Layoffs across the U.S. soared last month, marking the worst October cuts in 22 years, according to the firm Challenger, Gray and Christmas. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Consumers expected to break holiday record
Despite rising inflation and economic uncertainty, Americans are expected to spend a record amount this holiday season. The National Retail Federation's annual holiday forecast estimates Americans will spend more than $1 trillion in November and December. Mark Matthews, chief economist and executive director of research at the National Retail Federation, joins "The Daily Report" to discuss.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks were down across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks plummeted across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
October layoffs soared to their highest for the month in 22 years: report
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
Why are U.S. layoffs rising even as corporate profits surge?
A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand.
You're living in a "K-shaped" economy. Here's how that affects you.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
Election Day results highlight Trump economy
Americans who participated in 2025 Election Day voting appear concerned with the high costs of everyday items and the state of the economy under the Trump administration, according to new exit polling. CBS News' Robert Costa reports.
How the economy could be driving voters
One of the key issues expected to be top of mind for voters on Tuesday is the economy. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
Exclusive
Latino voters cite affordability, economy as top concerns in new poll
According to the Unidos Bipartisan Poll of Hispanic Voters: The Road to 2026, 53% of Latino voters cite the cost of living and inflation as their leading concern.
Kimberly-Clark to buy Tylenol maker Kenvue
Manufacturing giant Kimberly-Clark is set to acquire Kenvue, the maker of Tylenol, for $48.7 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Poll shows Latinos worried about the economy
New data from the "Unidos Bipartisan Poll of Hispanic Voters: The Road to 2026" shows Latinos are most worried about affordability and matters surrounding the economy. Clarissa Martinez De Castro, the vice president of the Latino Vote Initiative at UnidosUS, joins CBS News with more.
Low-income families face financial cliff as shutdown threatens aid
"I'm wondering how I'm going to be able to afford everything" if federal food aid is halted, one single mom said.
David J. Lynch on the cost of globalization
Globalization delivered cheap goods, but at what cost to American workers? Author David J. Lynch joins "The Takeout" to discuss his new book, "The World's Worst Bet."
Americans to spend big this holiday despite gloomy economic views
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
Trump, Xi Jinping meet face-to-face
President Trump will hold a bilateral meeting with Chinese President Xi Jinping. This is their first face-to-face since Mr. Trump returned to the White House. Jessi Mitchell anchors this Special Report.
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Potential consequences of Trump-Xi meeting
President Trump and Chinese leader Xi Jinping are set to meet on the sidelines of an economic conference in South Korea on Thursday. CBS News senior White House correspondent Weijia Jiang has more on what could come out of the meeting.
Live
Trump says no talks with Iran ongoing, and none scheduled
President Trump says the U.S. is not engaged in any talks with Iran as the two countries remain locked in a standoff over the Strait of Hormuz after almost six months of war.
Florida voters choose in governor, Senate primaries, and more races to watch
Three states are holding primaries on Tuesday, with Florida deciding on nominees for both governor and for Senate.
First on CBS
IRS proposal would force nonprofits to disclose leaders' terrorism convictions
The disclosure requirement would be added to the Form 990, the annual return that nonprofit groups file with the IRS.
Exclusive
U.S. deporting Mexican migrants to Guatemala and Honduras, angering Mexico
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
Human remains found in Lake Mead as water levels reach record low
The skeletal remains were found on Sunday, two years after similar drought conditions exposed bodies in the lake.
Missing woman's family receives texts asking for money, bitcoin
Alisa Goods, 63, disappeared 10 days ago in Las Vegas. Her family has been receiving mysterious messages from her phone.
First on CBS
DOJ to stop using outside experts to help vet competitive grant applicants
The Justice Department is scrapping its longtime practice of hiring outside experts to help review competitive grant applications, multiple sources told CBS News.
USS Benfold went days without power in the South China Sea
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
Hayden Panettiere's ex-fiancé in "profound shock" after her death
Hayden Panettiere, who shares a daughter with the former boxing champ, died on Sunday at 36 years old.
U.S.
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Exclusive
U.S. deporting Mexican migrants to Guatemala and Honduras, angering Mexico
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
DEI policies brought no financial penalty to firms, study finds
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
Madonna leads 2026 MTV VMAs with 11 nominations
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Appeals court upholds block on immigration arrests at certain houses of worship
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
Justice Department to send a record 1,000 monitors to midterm polling places
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
MoneyWatch
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DEI policies brought no financial penalty to firms, study finds
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
Meta's federal trial begins over child social media addiction claims
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Outshine Fruit Bars recalled over possible glass, parent Dreyer's says
Five flavors of Outshine Fruit Bars sold nationwide were recalled because they may include glass, Dreyer's Grand Ice Cream said.
Disney and ABC sue FCC over early license review, alleging retaliation
The lawsuit comes after the FCC ordered ABC to seek renewals between two and five years before its TV stations' licenses were set to expire.
Discord suspends livestreams in Brazil amid backlash over girl's suicide
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
Politics
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Exclusive
U.S. deporting Mexican migrants to Guatemala and Honduras, angering Mexico
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
Appeals court upholds block on immigration arrests at certain houses of worship
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
Justice Department to send a record 1,000 monitors to midterm polling places
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
First on CBS
DOJ to stop using outside experts to help vet competitive grant applicants
The Justice Department is scrapping its longtime practice of hiring outside experts to help review competitive grant applications, multiple sources told CBS News.
USS Benfold went days without power in the South China Sea
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
HealthWatch
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School vaccination rates inch down again to record low
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
RFK Jr.'s hunt for autism culprits stalls amid Trump's baseless vaccine order
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Mom-to-be had 2 signs of rare complication: "Everything kept getting worse"
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
World
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Ukraine targets Moscow with drones as Russia threatens U.K. over support
Ukraine targets Moscow with a huge wave of drones as Russia warns the U.K. will pay a price for supplying Kyiv with long-range weapons.
USS Benfold went days without power in the South China Sea
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
U.S. diplomat calls Israeli strikes on Syria base "unnecessary escalation"
U.S. Ambassador to Turkey Tom Barrack says an Israeli attack on a Syrian air force base was an "unnecessary escalation that does not advance regional stability."
Trial opens 32 years after American woman murdered in Germany
The man is accused of luring Amy Lopez under false pretenses into a secluded room, where he then allegedly handcuffed her, sexually assaulted her and killed her.
American man flies to West Bank to save home from Israeli settlers
Palestinian-American Loui Ridi says he flew from Ohio to a village in the Israeli-occupied West Bank to stop settlers from seizing his home.
Entertainment
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Madonna leads 2026 MTV VMAs with 11 nominations
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Nominees revealed for some VMA categories
"CBS Mornings" revealed the nominees for three categories at this year's VMAs, including artist of the year.
Top upcoming book to movie adaptations
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to discuss some of her favorite books coming to the big screen this year.
Hayden Panettiere's ex-fiancé in "profound shock" after her death
Hayden Panettiere, who shares a daughter with the former boxing champ, died on Sunday at 36 years old.
Hollywood grieves Hayden Panettiere
With no signs of foul play or trauma, authorities said the investigation into actor Hayden Panettiere's death is just beginning. The former child star was on "Guiding Light" and also had breakout roles in "Heroes" and "Nashville." She died at 36 years old. Mark Strassmann reports.
Technology
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Meta's federal trial begins over child social media addiction claims
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Data centers, AI become midterm flashpoint
Artificial intelligence and the data centers powering the technology have become a flashpoint ahead of the 2026 midterm elections. Shira Ovide, a technology reporter for The Wall Street Journal, has more.
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.
Discord suspends livestreams in Brazil amid backlash over girl's suicide
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
How this school uses AI instead of teachers
Alpha School is a private school that teaches students subjects like math and reading with artificial intelligence apps. Mackenzie Price, co-founder of Alpha School, joins CBS News to discuss.
Science
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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Crime
Latest details in Lindsay Clancy trial
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
NAACP counsel on Nolan Wells' death
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.
Forensic fans obsess over Lindsay Clancy case
Lindsay Clancy's murder trial is generating endless discussion among true crime aficionados online, sparking theories and misinformation over the case. Kathryn Coduto, an assistant professor of media sciences at Boston University, explains why the case has taken social media by storm.
Suge Knight could appear at Tupac trial
More witnesses will testify at the trial against the man accused of calling the shots in the 1996 murder of Tupac Shakur. CBS News legal contributor Caroline Polisi has the latest details.
Lindsay Clancy's mother-in-law takes stand
Lindsay Clancy's former mother-in-law, Susan Clancy, told the courtroom on Tuesday that her former daughter-in-law was "begging for help" during postpartum.
Space
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New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Latest details in Lindsay Clancy trial
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
What to expect from Tuesday's primaries
Alaska, Wyoming and Florida are holding primaries Tuesday with Florida voters facing ballot choices for governor and both chambers of Congress. CBS News Anthony Salvanto and Nikole Killion have more.
NAACP counsel on Nolan Wells' death
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.
Activists posing as Minnesota voters
Members of the Florida-based conservative activist group Citizen Justice League were seen in an undercover video, posing in what they called Muslim costumes and pretending to be Minnesota voters looking for vouchers. The stunt could land them in serious legal trouble. CBS News' Esme Murphy reports.
Klarna posts shocking revenue jump
"Buy now, pay later" company Klarna posted a shocking 27% revenue jump between April and June 2026. Stacy Cowley, a business reporter for The New York Times, breaks it down.