Why this CEO supports Trump's steel tariff
While many businesses are steeling themselves for trade war losses, the American steel industry has a brighter outlook. Elaine Quijano reports.
Economy
Diner feeling the pinch as costs rise
A new report shows a solid labor market, but economic uncertainty is brewing among small businesses. Kelly O'Grady visits a Connecticut diner that is feeling the strain.
The key points in Trump's budget proposal
The Trump administration has unveiled its budget blueprint for 2026. Now, it's only a matter of getting Congress on board. Plus, more jobs were added to the U.S. economy in April than expected, despite uncertainty with the Trump administration's tariff plans against trade partners. CBS News' Willie James Inman and Jo Ling Kent have the latest.
Trump calls on Fed to lower rates
Employers added 177,000 jobs last month as the labor market keeps humming, for now, despite all the turmoil caused by President Trump's tariffs. The White House is taking credit for the job growth after blaming former President Biden for the drop in gross domestic product earlier this week. Mr. Trump said this is a sign that Federal Reserve Chair Jerome Powell should cut interest rates. CBS News' Ed O'Keefe and Jo Ling Kent report.
Stocks jump after government data shows strong April job growth
Solid payroll gains last month are easing investor concerns about the U.S. tumbling into a recession in the near term, according to market watchers.
Are Trump's tariffs just punishing China for being good at what it does?
A Chinese exporter says Trump's tariffs simply aren't fair, while a U.S. buyer hopes for a trade war truce, because "China produces what you want."
Investors react to strong tech earnings
Investors are reacting to strong earnings from two of America's biggest tech names, Microsoft and Meta. The Dow went up about 80 points on Thursday, one day after data showed the U.S. economy shrank in Q1 of 2025. CBS News contributor J.D. Durkin reports.
U.S. economy is shrinking, report shows
New numbers show the U.S. economy got smaller in the first three months of 2025. It's the first time it's happened since the pandemic. Many economists blame President Trump's tariffs for the decline in GDP, but the president said it's not his fault. CBS News' Weijia Jiang has more.
Trump on stocks, economy
President Trump has claimed credit for some of the stock market's highs, but later blamed former President Joe Biden for the disappointing gross domestic product data that appeared to indicate a shrinking U.S. economy during the first quarter of 2025. CBS News' Weijia Jiang explains.
How Trump's administration spun GDP news
President Trump and his administration navigated some alarming points in the nation's latest gross domestic product report by blaming the previous administration and explaining how trade preparations ahead of tariffs may have impacted the data. CBS News' Natalie Brand reports.
Why stocks rose after alarming GDP data?
The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
Vegas workers still waiting on Trump to fulfill promise to end taxes on tips
Nevada has the highest concentration of tipped workers in the country, and many say they're struggling to keep up with inflation.
Reporter's Notebook: Tariffs echo COVID
Rising import costs are squeezing small businesses. Many say it feels just like the early days of the COVID-19 pandemic. "CBS Evening News" co-anchor John Dickerson explains.
U.S. economy went into reverse in the first quarter, new GDP data shows
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
What's behind the surge in new car sales
As tariffs threaten to raise the price of new cars, Americans are racing to the showrooms. Kris Van Cleave reports they're trying to beat the price hikes.
Why the U.S. economy shrank in the first quarter
U.S. economic growth slowed sharply in the first quarter of 2025 as businesses rushed to stockpile goods ahead of President Trump's sweeping tariff policies. Kelly O'Grady has more.
What's behind the declining economic numbers?
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
Poll finds shrinking Hispanic Trump support
President Trump won the 2024 election in no small part because of a surge of support from Hispanic voters. But a new poll shows the majority of his support among this key voting block is in decline. CBS News' Nidia Cavazos reports and Clarissa Martínez De Castro, vice president of the Latino Vote Initiative at UnidosUS, joins "America Decides," to discuss.
U.S. economy shrinks, Trump Cabinet meets
President Trump held a Cabinet meeting on Wednesday, coinciding with his administration's week-long first 100 days victory lap. But on this day 101, the economic numbers tell a different story. CBS News' Fin Gomez, Ed O'Keefe and Kelly O'Grady report on the details.
Stocks slide, new data shows economy shrank
Stocks slid on Wednesday after new data showed that the U.S. GDP declined at a .3% rate in the first quarter of 2025. It was the worst quarterly performance for the U.S. economy since early 2022. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
U.S. economic slowdown in Q1: What to know
The U.S. economy shrunk in the first quarter of 2025, according to new data from the Commerce Department. It's the first time the economy shrank in the last three years, but President Trump is blaming former President Joe Biden for the numbers. CBS News' Fin Gómez and Kelly O'Grady have the latest.
Why the economy slowed down last quarter
New data from the Department of Commerce shows an increase in imports led to an economic slowdown in the last quarter as President Trump ramped up his trade wars and companies tried to stockpile goods before tariffs kicked in. Matt Peterson, a reporter at Barron's, joined CBS News to discuss.
Trump's economic actions in first 100 days
President Trump's actions on the economy in his first 100 days back in office have drawn mixed reviews. Idrees Kahloon, Washington bureau chief for the Economist, joins CBS News to discuss.
New alarming GDP data on U.S. economy
The latest gross domestic product data shows the U.S. economy is in reverse, slowing in the first quarter of 2025. CBS MoneyWatch correspondent Kelly O'Grady has more on the potential factors involved and how the next quarter's data could indicate symptoms of a recession.
Americans using loans to pay groceries
More Americans are using "buy now, pay later" loans to purchase groceries, according to a new survey by LendingTree. This comes as consumer confidence data indicates another monthly drop. Axios' Nathan Bomey joins CBS News with more.
Live
Trump warns Iran is set to "get a beating" as 5-month war expands
The war in the Middle East is expanding, with President Trump threatening Iran with "a beating" and the U.S. and Saudi Arabia jointly striking Iranian proxies in Iraq.
Fauci invokes 5th in hearing, citing Rand Paul's "unhinged obsession"
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
Airport immigration arrests stem from TSA-ICE collaboration, sources say
Recent reports of immigration arrests at U.S. airports, some of them captured in videos that have gone viral, stem from increased collaboration, ICE sources tell CBS News.
Comey claims DOJ ordered illegal surveillance, seeks dismissal of "86 47" case
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."
Fed holds interest rates steady amid signs inflation is cooling
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Singer-songwriter Glen Hansard killed in motorcycle crash
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
FIFA hits Argentina with World Cup charges for scuffle, political banner
A list of disciplinary cases opened by FIFA against Argentina also includes "discriminatory chants and gestures" by fans.
The gut's link to Parkinson's — and more takeaways from this week's "Healthful"
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
U.S.
More U.S.
Fed holds interest rates steady amid signs inflation is cooling
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Murder victim found in Oregon woods in 1972 identified as WWII veteran
A murder victim has been identified decades after his remains were discovered in a wooded area in Oregon in 1972, authorities said.
Airport immigration arrests stem from TSA-ICE collaboration, sources say
Recent reports of immigration arrests at U.S. airports, some of them captured in videos that have gone viral, stem from increased collaboration, ICE sources tell CBS News.
Schools are testing pepper-spraying drones to stop shooters
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
Maps show where heavy rainfall poses flood risks across Northeast
The storm system that brought dangerous tornadoes to the Midwest earlier this week has now moved into New England, threatening to cause flooding in multiple states.
MoneyWatch
More MoneyWatch
Fed holds interest rates steady amid signs inflation is cooling
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Schools are testing pepper-spraying drones to stop shooters
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
U.S. bans humanoid robot imports, eyeing China and national security concerns
The Federal Communications Commission is banning imports of new foreign-made humanoid robots and power inverters, citing national security risks, in a move that targets China.
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.
Politics
More Politics
Airport immigration arrests stem from TSA-ICE collaboration, sources say
Recent reports of immigration arrests at U.S. airports, some of them captured in videos that have gone viral, stem from increased collaboration, ICE sources tell CBS News.
Fauci invokes 5th in hearing, citing Rand Paul's "unhinged obsession"
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
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, seeks dismissal of "86 47" case
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.
HealthWatch
More HealthWatch
The gut's link to Parkinson's — and more takeaways from this week's "Healthful"
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
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.
World
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FIFA hits Argentina with World Cup charges for scuffle, political banner
A list of disciplinary cases opened by FIFA against Argentina also includes "discriminatory chants and gestures" by fans.
Teen hitman guilty of U.K. murder plot for Swedish crime group with Iran links
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
2 firefighters die in Greece as others fight massive blaze in France
Two firefighters died in a blaze on the Greek island of Crete Wednesday while crews in France confronted a wildfire four times the size of Paris, officials said.
2025 was deadliest year for antisemitic attacks in 30 years, study says
Last year, 20 people were killed in antisemitic attacks outside of Israel, making it the deadliest year for such incidents since 1994.
Singer-songwriter Glen Hansard killed in motorcycle crash
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Entertainment
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Entertainment
Zoe Saldaña on new season of "Lioness"
Zoe Saldaña tells "CBS Mornings" why this season of "Lioness" is demanding, how the series challenges the actors and what it's like working with Taylor Sheridan.
Singer-songwriter Glen Hansard killed in motorcycle crash
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
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.
Technology
More Technology
Schools are testing pepper-spraying drones to stop shooters
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
Tech workers warn AI development must slow
The artificial intelligence industry faces internal pressure as developers at top technology companies caution that accelerating AI development is risky, emphasizing that the industry must pace itself and develop oversight. CBS News' Jo Ling Kent reports.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Apple to lease devices
Apple announced on Tuesday a new program called "Apple Upgrade," which allows consumers the option to lease new devices. It applies to everything from watches to laptops. Kelly O'Grady explains.
AI workers sound alarm on the technology
Nearly 1,200 AI workers signed a letter on Tuesday, asking the U.S. government to slow down the development of the technology. Jo Ling Kent has more.
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
More Crime
Teen hitman guilty of U.K. murder plot for Swedish crime group with Iran links
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
7 charred bodies found in house with narco gang-related messages
Ecuador has become a cocaine trafficking hub, plagued by gangs with ties to Mexican and Colombian cartels.
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.
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
What's next for Fauci after COVID hearing
Dr. Anthony Fauci invoked the Fifth Amendment during a Senate Homeland Security Committee hearing about COVID-19. Arthur Allen, a senior correspondent for KFF Health News, joins with more.
"The Shark Lady" talks why she loves sharks
Emily Morrison, a marine biologist who is known online as "The Shark Lady," speaks with "CBS Mornings" about why she loves sharks, how she turned her fear into enthusiasm and her record number of shark tattoos.
Zoe Saldaña on new season of "Lioness"
Zoe Saldaña tells "CBS Mornings" why this season of "Lioness" is demanding, how the series challenges the actors and what it's like working with Taylor Sheridan.
Fauci invokes 5th for all hearing questions
Dr. Anthony Fauci invoked his Fifth Amendment right for all questions asked during Wednesday's Senate Homeland Security Committee hearing on the origins of the COVID-19 pandemic. CBS News' Caitlin Huey-Burns has more from Capitol Hill.
U.S., Saudis ramp up Middle East strikes
The U.S. and Saudi Arabia launched strikes against Iranian-backed forces in Iraq. Meanwhile, the U.S. also stopped what it called a surprise attack on forces in the Middle East, according to CENTCOM. CBS News' Weijia Jiang has more.