Even households earning $150,000 a year are struggling to pay their loans
More high-income Americans are falling behind on their loan payments as the market for white-collar jobs cools.
Economy
Gen Z's top financial hurdle
Bank of America's Holly O'Neill joins "CBS Mornings Plus" to break down new survey findings showing that more than half of Gen Z cite the cost of living as the biggest barrier to financial success.
Fashion designer says tariffs decimating business
Stela Perez makes jeans, tops and dresses out of her fashion company, A Cut Above the Rest LA, but says the price of materials and labor has recently decimated her "made in America" business. Jo Ling Kent reports.
Breaking down July's consumer confidence rise
New numbers show Americans have a slightly more positive outlook on the economy. The Consumer Confidence Index rose two points in July compared to June. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Six months in, young people have soured on Trump's job handling
Most Americans under 30 approved at the start of President Trump's second term but are dissatisfied with the economy's direction.
Parents rush to buy school supplies
The National Retail Federation says more parents than ever are bracing for price hikes and are trying to get ahead of the Aug. 1 tariff deadline by shopping for school supplies in the middle of summer. Ali Bauman has more.
Trump, EU's von der Leyen to meet on trade
European Commission President Ursula von der Leyen will meet President Trump in Scotland on Sunday to discuss a potential trade deal. CBS News business contributor Javier David has more.
Darien Gap 2021: A Haitian Exodus
In 2010, a devastating earthquake drove Haitians from their homeland to rebuild their lives. Ten years later in the wake of a pandemic-shattered economy, thousands of native born Haitians that had made their home in South America left their lives behind again and began making their way north to America. CBSN Originals met families preparing to cross the treacherous Darien Gap, dense jungle that correspondent Adam Yamaguchi trekked 4 years earlier to document the sacrifice migrants are willing to make in the hopes of finding a better life in the US.
Johnson "very bullish" on GOP in midterms
President Trump wants Texas lawmakers to redraw the state's congressional map to increase Republicans' chances of keeping a House majority after the 2026 midterms. Speaker Mike Johnson joins "The Takeout" to weigh in on the proposal. Then, Molly Ball, senior political correspondent for The Wall Street Journal, Kadia Goba, congressional reporter for The Washington Post, and Alex Isenstadt, senior political reporter for Axios, join with analysis.
Is the U.S. economy in a desperate time?
President Trump visited the Federal Reserve on Thursday, where he publicly disagreed with its chair, Jerome Powell, about the central bank's renovation costs. Following the tour, Mr. Trump denied tensions between himself and Powell, saying they had a "good meeting." CBS News MoneyWatch correspondent Kelly O'Grady reports.
Trump, Powell meet amid tensions
President Trump toured the Federal Reserve building today alongside Federal Reserve Chair Jerome Powell. The visit comes as tensions run high between the two men. The president has repeatedly criticized Powell for not lowering interest rates and for the high cost of ongoing renovations. CBS News White House reporter Aaron Navarro has more.
Takeaways from Trump's Federal Reserve tour
President Trump visited the Federal Reserve on Thursday to tour its multi-billion-dollar renovation project. It comes amid his repeated public attacks on Fed Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Johnson on Trump potentially firing Powell
House Speaker Mike Johnson told CBS News chief Washington correspondent Major Garrett that he understood President Trump's frustration with Federal Reserve Chairman Jerome Powell, adding that it's going to be "a rocky road" for the Fed chair between now and the end of his term in May 2026. CBS News MoneyWatch correspondent Kelly O'Grady and Barron's senior writer Martin Baccardax join with analysis.
Trump, Powell argue over Fed renovation costs
President Trump toured renovations at the Federal Reserve headquarters with Chair Jerome Powell on Thursday. The visit comes amid the president's criticism of Powell over the central bank holding interest rates steady. CBS News MoneyWatch correspondent Kelly O'Grady has more.
How much do Americans need to retire?
A new Charles Schwab survey finds many Americans believe they need over $800,000 to be financially comfortable, yet a third have no financial plan. CBS News business analyst Jill Schlesinger joins to explain what to do.
Trump reveals details about AI Action Plan
President Trump unveiled his Artificial Intelligence Action Plan, saying the goal is to strengthen the U.S.'s technical capabilities and remove guardrails put in place by the Biden administration. CBS News contributor Javier David breaks it down.
GM says tariffs hurting profits
Car manufacturing giant General Motors said the Trump administration's tariffs are hurting its bottom line. Kelly O'Grady explains.
Trump spending law deficit concerns
A new Congressional Budget Office report projects President Trump's tax and spending law will add more than $3 trillion to the federal deficit over the next decade. Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget, joins "The Daily Report" with more.
Breaking down Philippines, Indonesia deals
As we approach the Aug. 1 trade tariff deadline, President Trump has announced the details of new trade deals with both Indonesia and the Philippines. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Automakers hit by Trump tariffs
A 25% tariff on vehicles and auto parts imported into the U.S. has hit automakers amid President Trump's push for global trade partners to reach deals with the U.S. by Aug. 1. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Polling on Trump six months into second term
Six months into President Trump's second term, fresh CBS News polling is shedding light on what Americans think about his performance so far. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Congresswoman refers Fed Chair Powell to DOJ
As tensions remain high between the White House and the central bank, a Republican congresswoman is hitting Federal Reserve Chair Jerome Powell with a criminal referral to the Justice Department. CBS News MoneyWatch correspondent Kelly O'Grady joins to examine the disconnect between the Trump administration and the Fed.
Trump signs first federal law regulating crypto
President Trump held a signing ceremony at the White House on Friday after Congress passed the GENIUS Act, a landmark federal law that will regulate cryptocurrency. Specifically, the GENIUS Act will set government guidelines for the cryptocurrency known as stablecoin. Nikhilesh De, managing editor for global policy and regulation for the cryptocurrency news site CoinDesk, was at the signing and has more.
What are stablecoins?
President Trump signed a first-of-its-kind law aimed at regulating digital currencies. The bipartisan legislation known as the GENIUS Act establishes consumer protections for stablecoins. Akin Oyedele, deputy editor of newsletters at Business Insider, breaks it down.
Trump crypto adviser breaks down GENIUS Act
President Trump signed the GENIUS Act into law on Friday, establishing a regulatory framework for the roughly $250 billion cryptocurrency market known as stablecoin. Bo Hines, executive director of the President's Council of Advisers on Digital Assets, joins "The Takeout" to explain how the law works.
Live
U.S. says it thwarted Iranian missile attack on troops in Middle East
Iran launched multiple ballistic missiles at U.S. forces in the Middle East in what U.S. Central Command described as an "attempted surprise attack" on Tuesday.
First on CBS
How Trump drafted renovation plans for Dulles, a "terrible airport"
President Trump asked for 3D models of the renovation proposals as he personally tweaked ideas to overhaul Dulles International Airport that are scheduled to be unveiled on Wednesday.
Grants halted at agency devoted to safety of U.S. healthcare
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
Senate confirms Jay Clayton as Trump's next intelligence chief
Clayton's confirmation as director of national intelligence could unlock gridlock over a key spy tool that lapsed last month.
Japan quake kills at least 13; more trapped in collapsed mall, factory
A major earthquake in Japan's southwest killed at least 13 people and left several injured or missing after a shopping center and a paper mill were heavily damaged.
Comey claims DOJ ordered "illegal" surveillance as he seeks dismissal of charges
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
Trump policy clears way for civil commitment of homeless in some states
In the year since President Trump signed an executive order aimed at moving homeless people off the streets, states have expanded involuntary treatment for the homeless.
U.S. and Saudi Arabia strike "Iran-aligned terrorists" in Iraq
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
"60 Minutes" announces new correspondents and contributors
"60 Minutes" announced ahead of its 59th season that Ross Douthat, Sebastian Junger, Gianna Toboni and Trevor Phillips will join the show.
U.S.
More U.S.
Comey claims DOJ ordered "illegal" surveillance as he seeks dismissal of charges
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
American Airlines nationwide ground stop lifted after IT outage disrupts flights
According to the Air Traffic Control System Command Center, all airports and facilities were being impacted by the IT outage.
Florida executes 2 men in one day, including ex-cop who killed girl
Florida on Tuesday became the first state in nearly a decade to carry out two executions in a single day, putting to death an 80-year-old man who was the second-oldest inmate known to receive a lethal injection in modern U.S. history.
First on CBS
How Trump drafted renovation plans for Dulles, a "terrible airport"
President Trump asked for 3D models of the renovation proposals as he personally tweaked ideas to overhaul Dulles International Airport that are scheduled to be unveiled on Wednesday.
Canadian tourism slumped in the U.S. last year amid heightened tensions
Millions of Canadians shunned travel to the U.S. in 2025, opting to vacation at home or travel to other countries.
MoneyWatch
More MoneyWatch
Canadian tourism slumped in the U.S. last year amid heightened tensions
Millions of Canadians shunned travel to the U.S. in 2025, opting to vacation at home or travel to other countries.
Americans face higher back-to-school costs. Here's what's pricier.
U.S. households will spend roughly $4,000 per student on school supplies and lunches this year, a new analysis found.
Johnson & Johnson offers $5.5 billion to settle talc lawsuits
Johnson & Johnson has offered $5.5 billion to settle tens of thousands of lawsuits claiming its baby powder and other talcum powder products caused ovarian cancer, the company says.
Taylor Farms CEO pressed by lawmaker over cyclospora outbreak
Rep. Robert Garcia is seeking information about whether Taylor Farms used White House ties to influence the federal response to the foodborne illness outbreak.
Amazon plans to deploy more than 5,000 satellites for new telecom service
Amazon Leo wants to launch a constellation of thousands of satellites to connect devices directly from space.
Politics
More Politics
Grants halted at agency devoted to safety of U.S. healthcare
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
Comey claims DOJ ordered "illegal" surveillance as he seeks dismissal of charges
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
U.S. and Saudi Arabia strike "Iran-aligned terrorists" in Iraq
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
Trump policy clears way for civil commitment of homeless in some states
In the year since President Trump signed an executive order aimed at moving homeless people off the streets, states have expanded involuntary treatment for the homeless.
Senate confirms Jay Clayton as Trump's next intelligence chief
Clayton's confirmation as director of national intelligence could unlock gridlock over a key spy tool that lapsed last month.
HealthWatch
More HealthWatch
Grants halted at agency devoted to safety of U.S. healthcare
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
What is postpartum psychosis, the disorder at the center of Lindsay Clancy's trial?
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
William Shatner and daughter Melanie recall fighting Stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Carly Simon reveals Parkinson's diagnosis: "Learning how to live with it"
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Cyclospora outbreak impact on eating habits
Amid the outbreak of cyclospora, a CBS News poll finds 40% of Americans say they are buying or eating less produce. Nearly half of those polled say they have little or no confidence in the FDA to deal with the outbreak. Carter Evans reports.
World
More World
U.S. and Saudi Arabia strike "Iran-aligned terrorists" in Iraq
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
Kenya investigates deaths of 15 elephants in Amboseli National Park
The Kenya Wildlife Service said 10 of the elephants showed signs of partial paralysis before dying within two days.
Trump meets with Zelenskyy and Netanyahu amid wars in Iran, Ukraine
President Trump met with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu Tuesday.
Woman murdered in 1936 and buried under building is finally identified
Police have finally identified the remains of a woman murdered nearly a century ago and buried beneath a building in Toronto.
Widow of murdered mayor arrested in extortion case in Mexico
Valentin Lavin, who was allied with President Claudia Sheinbaum's leftist party, was shot and killed during a town hall.
Entertainment
More Entertainment
William Shatner and daughter Melanie recall fighting Stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
William Shatner, daughter on cancer journeys
Legendary actor William Shatner and his daughter Melanie Shatner Gretsch are opening up about their battles with Stage 4 cancer nearly at the same time as each other. Both are now cancer-free and share how they helped each other through the challenging time.
Ariana Grande sues alleged hackers
In a new lawsuit, Ariana Grande alleges unidentified hackers caused "irreparable harm" to her career and stole her unreleased music, photos and videos. She's asking the court to force internet providers to identify them.
"The Odyssey" movie sparking interest in book
Moviegoers are turning out in droves for the IMAX spectacle "The Odyssey," but they're also flocking to something else: the 2,700-year-old source material. Matt Gutman has more.
Comedian Jeff Arcuri talks new special
Comedian Jeff Arcuri became a sensation on social media after more than a decade of performing at comedy clubs. He talks about his debut stand-up special, "Jeff Arcuri: Nice to Meet You," his comedy reaching new audiences and a time when crowd work didn't go as expected.
Technology
More Technology
Amazon plans to deploy more than 5,000 satellites for new telecom service
Amazon Leo wants to launch a constellation of thousands of satellites to connect devices directly from space.
Theaters score with themed popcorn buckets
Bradley Blackburn visits gets a taste of the custom popcorn buckets from movies like "The Odyssey" that are driving fans crazy.
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.
Brands cash in on AI influencers
A growing number of faces on your feeds are generated by artificial intelligence, and brands are buying in. Increasingly, these AI influencers are marketing products, often deceptively, to consumers. Shanelle Kaul has more.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Science
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Science
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Crime
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Crime
Georgia teen sentenced for school shooting
Sixteen-year-old Colt Gray was sentenced to life in prison on Tuesday for the 2024 shooting at Georgia's Apalachee High School which killed four people.
Colt Gray sentenced to life without parole
A judge on Tuesday sentenced Colt Gray to life in prison without the possibility of parole. Gray pleaded guilty to killing four people in the deadly 2024 shooting at Apalachee High School. CBS News correspondent Skyler Henry has the latest.
Apalachee High School shooter sentenced to life without parole
Colt Gray, the teenager who admitted to killing four people in the 2024 shooting at Apalachee High School, will spend the rest of his life in prison without parole.
Police seek third Seattle shooting suspect
Seattle police are hunting for a third suspect being linked to a deadly shooting at a food festival near the Space Needle. CBS News' Carter Evans reports.
What is postpartum psychosis, the disorder at the center of Lindsay Clancy's trial?
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
Space
More Space
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
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.
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.
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.
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?
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
Examining legality of Fauci diaries release
Republican Sen. Rand Paul of Kentucky has released some of Dr. Anthony Fauci's pandemic-era diary entries ahead of the former National Institute of Allergy and Infectious Diseases director's Senate hearing on Wednesday. CBS News legal contributor Jessica Levinson breaks down the subpoena power behind the release.
Analyzing Trump's Netanyahu, Zelenskyy meetings
Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu both met with President Trump separately at the White House on Tuesday. Former Clinton and Obama National Security Council member Charles Kupchan joins with analysis.
Tornado tears through central Wisconsin
Trees and power lines collapsed around cars as a tornado with winds of 140 miles per hour tore through central Wisconsin on Monday. The National Weather Service found a 12-mile-long swath of damage. Jason Allen reports.
Back-to-school shopping costs on the rise
New research from Groundwork Collaborative and the Century Foundation shows that U.S. parents can expect to spend close to $4,000 more per child on school supplies this year. CBS News' Megan Cerullo has the story.
New report on weather threats to homeowners
Jeremy Porter, chief economist at First Street, joins "The Daily Report" to discuss new research from his firm showing that severe convective storms that bring tornadoes, hail, and wind pose a bigger risk to homeowners than hurricanes.