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.
Economy
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.
Air Canada union remains defiant after ordered to end strike on Monday
Canadian regulators once again ordered union leaders to end Air Canada's work stoppage on Monday, while employees remain defiant.
Youngstown, Ohio, revival gains momentum in former steel stronghold
After decades of steel mill closures and population loss, the city of Youngstown, Ohio, is drawing new investment and fostering small businesses.
How Youngstown, Ohio, is moving on from its past
After decades of steel mill closures and population loss, the city of Youngstown, Ohio, is drawing new investment and fostering small businesses. Dave Malkoff reports.
July wholesale prices up more than expected
The Dow Jones dipped slightly on Thursday after new inflation data showed that wholesale prices rose more than expected last month. CBS News senior business and technology correspondent Jo Ling Kent reports.
July wholesale prices higher than expected
U.S. wholesale inflation jumped unexpectedly in July, a sign that higher prices could soon hit consumers. Claire Jones, an economics editor for the Financial Times, joins to discuss.
Breaking down Trump's economic actions
A new Wall Street Journal article says that President Trump is emulating the Chinese Communist Party by extending political control deep into the economy. Barry Naughton, a professor from the University of California, San Diego, joins "The Takeout" to discuss the article.
What the new CPI report means for the economy
The Labor Department reported that inflation rose at an annual pace of 2.7% last month, slightly better than what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Details on Trump's labor statistics pick
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
Key takeaways from July's inflation report
Inflation in July rose 2.7% on an annual basis, which was slightly less than economists had forecast, according to a report released Tuesday. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers.
Trump's BLS nominee Antoni suggests suspending monthly jobs report
E.J. Antoni, an economist nominated by President Trump to lead the Bureau of Labor Statistics, said the jobs report is flawed.
Trump delays China tariff hike for another 90 days
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
Trump's tariff war hurting auto industry in Japan
As the country's largest export, Japan's auto industry is a source of national pride. But in recent months, it has been rocked by President Trump's tariffs. The volatility has been felt acutely at Mazda, one of the nation's oldest car companies. Anna Coren reports.
Wendy's is struggling as low-income consumers cut back
Wendy's is facing softer consumer demand, with households earning less than $50,000 planning to cut back on eating out.
Why Trump's new tariffs are fueling economists' stagflation concerns
Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.
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.
Who is Natalie Harp? Trump's loyal assistant suddenly in the spotlight
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
Wasserman Schultz wins Democratic primary for Florida's District 20
The district includes predominantly Black communities in central and western Broward County.
Panettiere was with on-and-off boyfriend when she died, police report says
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Frank Beard, ZZ Top drummer, dies at age 77
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Former NIAID adviser pleads guilty in COVID-19 records scheme
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
Tupac Shakur autopsy photos shown at murder trial after some family members leave
Tupac Shakur's cousin said the autopsy photos made him feel "very angry, to say the least."
Inflation is outpacing wages again. Many workers were already behind.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
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.
U.S.
More U.S.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
Investigation
Beagles bred for research get new life amid questions over federal oversight
The USDA's own inspector general has repeatedly raised concerns about federal oversight of dog breeders.
Tupac Shakur autopsy photos shown at murder trial after some family members leave
Tupac Shakur's cousin said the autopsy photos made him feel "very angry, to say the least."
Former NIAID adviser pleads guilty in COVID-19 records scheme
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
Frank Beard, ZZ Top drummer, dies at age 77
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
MoneyWatch
More MoneyWatch
Inflation is outpacing wages again. Many workers were already behind.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
State Farm is sending refund checks to customers. Here's who qualifies.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
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.
Politics
More Politics
Former NIAID adviser pleads guilty in COVID-19 records scheme
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
Who is Natalie Harp? Trump's loyal assistant suddenly in the spotlight
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
Former DOJ lawyer alleges government improperly targeted Ivy League schools
The Trump admin. pressured attorneys to investigate allegations of antisemitism at elite universities even though there was no factual or legal basis to do so, former DOJ lawyer says.
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.
HealthWatch
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HealthWatch
From 2024: Tommy John on Tommy John surgery, before and after
In this interview from 2024, former pitching ace Tommy John talked with correspondent Faith Salie about the injury to his pitching arm he suffered in 1974, and about the innovative procedure (which came to be known as "Tommy John surgery") that rescued his career – and would prolong the careers of many more professional and amateur athletes since. [John died on Aug. 15, 2026 at age 83.]
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.
World
More World
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.
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.
Entertainment
More Entertainment
Frank Beard, ZZ Top drummer, dies at age 77
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Panettiere was with on-and-off boyfriend when she died, police report says
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
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.
Technology
More Technology
Technology
OpenAI debuts ChatGPT for teens
OpenAI has launched a chatbot marketed for teens that the company says will provide stronger protections as concerns over AI safety increase. Axios Chief Technology Correspondent Ina Fried joins "The Takeout" to discuss.
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.
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.
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.
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.
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
Landmark trial against Meta underway
New York Times technology reporter Mike Isaac joins CBS News to break down the landmark social media trial against Meta that's currently underway, with parents accusing the tech giant of designing its platforms to be addictive and harmful to children.
Tupac Shakur autopsy photos shown at murder trial after some family members leave
Tupac Shakur's cousin said the autopsy photos made him feel "very angry, to say the least."
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.
Space
More Space
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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.
Latest Galleries
More Latest Galleries
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
OpenAI debuts ChatGPT for teens
OpenAI has launched a chatbot marketed for teens that the company says will provide stronger protections as concerns over AI safety increase. Axios Chief Technology Correspondent Ina Fried joins "The Takeout" to discuss.
3 states prepare for primary elections
Three states, including Florida, are preparing for major primary races to come to a close on Tuesday night. In addition to those three states, California is holding a special election to decide who will finish out the remainder of former Rep. Eric Swalwell's term. CBS News' Nikole Killion reports, and executive elections director Anthony Salvanto breaks it down.
Lindsay Clancy and mental health treatment
The defense in the Lindsay Clancy murder trial called multiple witnesses Tuesday. Clancy has admitted to killing her three young children in 2023, but has pleaded not guilty to murder, arguing she had postpartum psychosis, bipolar disorder and was being overmedicated. CBS News legal contributor Jessica Levinson has more.
Mixed messages from White House on Iran
President Trump took to social media on Tuesday to say there are no ongoing or planned talks with Iran aimed toward ending the war. CBS News' Nancy Cordes reports on the latest developments and Aaron David Miller, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
From 2024: Tommy John on Tommy John surgery, before and after
In this interview from 2024, former pitching ace Tommy John talked with correspondent Faith Salie about the injury to his pitching arm he suffered in 1974, and about the innovative procedure (which came to be known as "Tommy John surgery") that rescued his career – and would prolong the careers of many more professional and amateur athletes since. [John died on Aug. 15, 2026 at age 83.]