Markets plummet over inflation, tariff fears
The markets ended the week with a significant sell-off amid concerns over President Trump's incoming tariffs and inflation. MarketWatch markets reporter Isabel Wang joins "The Daily Report" to discuss.
Economy
Losing Las Vegas
The economic fallout from COVID-19 hit Las Vegas harder than any other major city in the nation, devastating households far from the famous Strip. Though the lights are flickering on once again, uncertainty still looms. This episode of CBS Reports reveals how some Las Vegas workers are navigating a tough new reality with no end in sight.
Fighting for Paradise: Puerto Rico's Future
This CBS Reports documentary explores the growing economic inequality in Puerto Rico and the divide over whether statehood is the solution.
New data on inflation, U.S. economy
New economic data shows Americans remain concerned over inflation and they are making cautious decisions with money. CBS News' Jill Schlesinger reports.
New poll on feelings about the economy
A majority of Americans are not feeling great about the economy, according to a new CBS News poll revealing 60% of participants said the economy was "bad." CBS News' Anthony Salvanto has more.
PCE report shows core inflation picked up last month. What to know.
A closely watched measure of inflation shows that prices excluding fuel and food ticked up in February. Here's what to know.
How auto tariffs will hit Americans' wallets
President Trump hopes 25% tariffs on auto imports will grow America's manufacturing base and reduce the nation's debt, but will it lead to short-term price spikes for American car buyers? Kelly O'Grady explains.
Americans' economic outlook a bit more pessimistic, CBS News poll finds
Prices continue to be the dominant factor in how Americans evaluate the economy.
Pessimism about the economy is growing, poll finds
Optimism about the economy is falling, according to a new CBS News poll. Last month, a third of Americans said they expect the economy to be booming next year. Since then, that number has fallen five points. Skyler Henry reports from rural Georgia. Then, Kelly O'Grady and Anthony Salvanto join for analysis.
Potential impact of Trump's auto tariffs
President Trump says he will put a 25% tariff on all foreign vehicles and auto parts imported into the U.S. Kelley Blue Book executive editor Brian Moody breaks down the potential impact.
Poll: Economic outlook grows more pessimistic
A new CBS News poll finds that Americans' economic outlook has grown slightly more pessimistic in the past month. High prices are weighing on people, with most saying they're on the rise. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Ford, General Motors stocks fall after tariff
The Dow Jones closed in the red on Thursday, with Ford stocks falling more than 3% and General Motors stocks falling more than 6% as investors reacted to President Trump's new 25% tariff on auto imports. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Uncertainty over Trump impact on economy
There is uncertainty over the growth of the U.S. economy during the first few months of 2025 as new data emerges on economic growth in the last quarter of 2024. CBS News business analyst Jill Schlesinger reports.
How to prepare and protect your career
More than 172,000 jobs were eliminated last month, marking the highest monthly total since the early months of the pandemic. LinkedIn career expert Catherine Fisher joins us with advice for navigating job loss and finding stability in an uncertain market.
Consumer confidence in economy dips again
A new report finds consumer confidence in the economy has plunged this month to its lowest level in more than four years. CBS News business analyst Jill Schlesinger breaks down what it means.
Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
Consumer confidence drops for fourth month
A new report says consumer confidence in the economy has dropped for the fourth month in a row and cites as two key reasons, persistent inflation and the threat of tariffs. Jo Ling Kent explains.
Trump threatens Venezuelan oil importers
President Trump said the U.S. will place a 25% tariff on imports from all countries that buy oil or gas from Venezuela. According to Rystad Energy, a research and consulting firm, China and the U.S. have been the top buyers of Venezuelan oil in recent months. CBS News contributor Javier David has more on what this means.
Florida's decimated orange groves face new threats
Climate change, along with hurricanes, citrus disease and changing consumer tastes, are taking a toll on Florida's orange growers. Mark Strassmann reports.
Trump secures pay hike for wildland firefighters as DOGE cuts staff
Wildland firefighters will keep a 4-year-old pay hike under a GOP-led spending bill signed by President Donald Trump.
Red Lobster seeks to adjust to a changing economy
Red Lobster CEO Damola Adamolekun took over last September, shortly after the chain closed many locations and filed for bankruptcy.
The challenges facing casual dining restaurants
Red Lobster is among more than a dozen casual dining chains that filed for bankruptcy in 2024. Now, its new CEO is attempting to reinvigorate and reinvent it in a challenging economic climate. Elise Preston reports.
Trump teases possible Xi Jinping visit
President Trump says his Chinese counterpart will visit Washington, D.C., in the "not so distant future." Jennifer Welch, chief geoeconomics analyst at Bloomberg, and Ravi Agrawal, editor-in-chief of Foreign Policy magazine, join "America Decides" to discuss what that visit could mean amid brewing trade tensions.
Fed Chair on consumer sentiment
As expected, the Federal Reserve has held interest rates steady, while indicating that cuts are likely later this year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Fed leaves rates unchanged, outlook uncertain
The Federal Reserve chose not to lower interest rates Wednesday, as Chair Jerome Powell admitted the economic outlook was uncertain. He indicated that even though inflation was expected to inch up in response to President Trump's tariffs, the Fed is still forecasting two rate cuts this year. Kelly O'Grady explains.
Live
Strait of Hormuz traffic ramps up in wake of U.S.-Iran deal signing
More tankers are transiting the Strait of Hormuz after 111 days of gridlock, but Iran and the U.S. still have much to discuss.
U.S. plans expansion of denaturalization push, aiming for 250 cases by fall
The Trump administration expects to try to revoke the U.S. citizenship of more than 250 foreign-born citizens by October, a Justice Department official said.
Facing bipartisan criticism of Iran deal, Trump lashes out at "fools"
Republican Sens. Bill Cassidy, Thom Tillis and Ted Cruz have been critical of the 14-point memorandum of understanding signed on Wednesday.
States not required to give community-based care for those with disabilities: DOJ opinion
The Office of Legal Counsel opinion released Thursday said states aren't required by law to integrate mentally disabled patients with their peers by providing community or home-based care.
Luigi Mangione's legal team withdraws psychiatric defense
Luigi Mangione's legal team says they withdrew a psychiatric defense in his New York state murder trial one day after telling the court they would use it.
Air Force unit faces flu outbreak weeks after vaccine mandate dropped
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Hegseth announces review of U.S. forces in Europe, blasts "shameful" NATO allies
The Pentagon is launching a six-month review of U.S. forces and bases in Europe, Defense Secretary Pete Hegseth said Thursday at a meeting of NATO defense ministers.
Supreme Court sides with man who challenged law barring drug users from having guns
The Supreme Court on Thursday ruled in favor of a Texas man who challenged a federal law that bars certain drug users from having firearms.
Live
Obama Presidential Center opens in Chicago with star-studded celebrations
The Obama Presidential Center's grand opening ceremony featured a star-studded lineup of tributes, speeches and musical performances.
U.S.
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States not required to give community-based care for those with disabilities: DOJ opinion
The Office of Legal Counsel opinion released Thursday said states aren't required by law to integrate mentally disabled patients with their peers by providing community or home-based care.
Air Force unit faces flu outbreak weeks after vaccine mandate dropped
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
GOP congressman, missing for months, set to return on June 30
Republican Rep. Tom Kean Jr. of New Jersey will return to Congress on June 30, his spokesperson said, after being away since March in an unexplained absence that has confounded Capitol Hill.
Hegseth announces review of U.S. forces in Europe, blasts "shameful" NATO allies
The Pentagon is launching a six-month review of U.S. forces and bases in Europe, Defense Secretary Pete Hegseth said Thursday at a meeting of NATO defense ministers.
Americans say they're reading fewer books. Here's what they're doing instead.
Many people are spending more time on screens, but also doing more physical activities, a new CBS News poll finds.
MoneyWatch
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Less than half of Americans can afford quality healthcare, Gallup finds
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Waymo recalls robotaxis after some vehicles entered construction zone
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
Intel shares leap after Trump announces chip deal with Apple
In a social media post, President Trump touted the U.S. government's 10% stake in Intel, noting that it is now worth $60 billion.
Gas prices fall below $4 a gallon for the first time in nearly 3 months
The national average for a gallon of regular gas in the U.S. drops to $3.99, the lowest since March 30.
Federal Reserve holds interest rates steady but leaves door open to hike
U.S. inflation is expected to remain elevated through the end of the year, Fed officials say in their latest forecast.
Politics
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States not required to give community-based care for those with disabilities: DOJ opinion
The Office of Legal Counsel opinion released Thursday said states aren't required by law to integrate mentally disabled patients with their peers by providing community or home-based care.
Air Force unit faces flu outbreak weeks after vaccine mandate dropped
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Michelle Obama's speech at center opening moves husband to tears
Former first lady Michelle Obama delivered a loving and heartfelt tribute to her husband at the Obama Presidential Center's grand opening ceremony in Chicago Thursday.
GOP congressman, missing for months, set to return on June 30
Republican Rep. Tom Kean Jr. of New Jersey will return to Congress on June 30, his spokesperson said, after being away since March in an unexplained absence that has confounded Capitol Hill.
Hegseth announces review of U.S. forces in Europe, blasts "shameful" NATO allies
The Pentagon is launching a six-month review of U.S. forces and bases in Europe, Defense Secretary Pete Hegseth said Thursday at a meeting of NATO defense ministers.
HealthWatch
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Air Force unit faces flu outbreak weeks after vaccine mandate dropped
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Less than half of Americans can afford quality healthcare, Gallup finds
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Busy Philipps on her late ADHD diagnosis
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
Drummer rediscovers his rhythm after setback
In the "CBS Mornings" series "Pushing the Limits," Mark Strassmann shows how a Georgia man's passion for music was almost taken away from him forever after a terrible accident. But thanks to his resilience and technology, the man is now a record-breaking drummer.
Arrests of immigrant parents create mental health crisis for children
An estimated hundreds of thousands of children, many of them U.S. citizens, have been separated from a parent in the Trump administration's immigration crackdown.
World
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Man charged after toddler ends up in crocodile enclosure at zoo
Police in eastern England said a man was arrested on suspicion of attempted murder after a 3-year-old boy "ended up in the crocodile enclosure" at a zoo.
Hegseth announces review of U.S. forces in Europe, blasts "shameful" NATO allies
The Pentagon is launching a six-month review of U.S. forces and bases in Europe, Defense Secretary Pete Hegseth said Thursday at a meeting of NATO defense ministers.
"Lady Gucci," who had her ex-husband killed, could soon inherit $23M fortune
Despite spending 18 years in prison for orchestrating the murder of her ex-husband, fashion heir Maurizio Gucci, Patrizia Reggiani may be about to inherit a fortune.
Facing bipartisan criticism of Iran deal, Trump lashes out at "fools"
Republican Senators Bill Cassidy, Thom Tillis, Ted Cruz and Tom Cotton have been critical of the 14-point memorandum of understanding signed on Wednesday.
Ukraine drone strike hits major Russian oil refinery near Moscow
Ukraine's Zelenskyy says after second major strike on Russian oil refinery that unless Putin stops his war, "Moscow will burn."
Entertainment
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Americans say they're reading fewer books. Here's what they're doing instead.
Many people are spending more time on screens, but also doing more physical activities, a new CBS News poll finds.
Singer Myles Smith talks debut album
Myles Smith's career skyrocketed after his hit song "Stargazing" became the biggest song by a U.K. artist worldwide in 2024. Now, he's releasing his debut album, "My Mess, My Heart, My Life," on June 19. Myles Smith joins "CBS Mornings" to discuss his rapid rise to stardom, his first album and his experience touring with Ed Sheeran.
Busy Philipps on her late ADHD diagnosis
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
Drummer rediscovers his rhythm after setback
In the "CBS Mornings" series "Pushing the Limits," Mark Strassmann shows how a Georgia man's passion for music was almost taken away from him forever after a terrible accident. But thanks to his resilience and technology, the man is now a record-breaking drummer.
Extended interview: Myles Smith
British singer-songwriter Myles Smith talks to Anthony Mason about his much-anticipated debut album, "My Mess, My Heart, My Life," growing up in London, his rapid rise to stardom and more.
Technology
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Waymo recalls robotaxis after some vehicles entered construction zone
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
Americans on AI's future impact
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
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.
Inside an Irish town raising kids without smartphones
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Man charged after toddler ends up in crocodile enclosure at zoo
Police in eastern England said a man was arrested on suspicion of attempted murder after a 3-year-old boy "ended up in the crocodile enclosure" at a zoo.
"Lady Gucci," who had her ex-husband killed, could soon inherit $23M fortune
Despite spending 18 years in prison for orchestrating the murder of her ex-husband, fashion heir Maurizio Gucci, Patrizia Reggiani may be about to inherit a fortune.
Ex-police commissioner on Heuermann sentence
The Long Island architect who lived a secret life as the Gilgo Beach serial killer was sentenced to life in prison without parole on Wednesday. Former Suffolk County Police Commissioner Rodney Harrison, who formed the task force that ultimately led to Rex Heuermann's arrest, joins with analysis.
Gilgo Beach serial killer sentenced
In a Long Island courtroom Wednesday, Rex Heuermann received three life sentences for choking and dismembering eight women, most of them in his basement, over the course of more than 15 years. The 62-year-old addressed the court before he was sent away. Tom Hanson reports.
Inside Gilgo Beach killer's sentencing hearing
A judge on Wednesday sentenced Gilgo Beach serial killer Rex Heuermann to life in prison without parole. CBS News New York's Jennifer McLogan was in the courtroom and joins with details.
Space
More Space
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
America's long history of political turmoil
In his new book, "Been There, Done That," historian Greg Jackson shines a light on dark times in U.S. history, such as insurrections, political partisanship and disregard for the Constitution. Jackson joins "The Takeout" with more.
Details on U.S.-Iran peace deal
The clock started ticking for the U.S. and Iran to reach a final long-term peace deal after the presidents of both countries signed off on the 14-point memorandum of understanding on Wednesday. CBS News White House reporter Aaron Navarro has more.
Rep. Espaillat brushes off primary challenge
Democratic Rep. Adriano Espaillat, who chairs the Congressional Hispanic Caucus, has been one of the fiercest critics of President Trump, dating back to the president's first term. But the New Yorker now faces a primary challenger from his left who believes he hasn't been fierce enough and also has the backing of New York City Mayor Zohran Mamdani. Espaillat joins "The Takeout" to discuss.
Obama's unique take on the presidential library
Former presidents and world leaders gathered in Chicago on Thursday to celebrate the grand opening of the Obama Presidential Center. CBS News congressional correspondent Caitlin Huey-Burns reports.
H. R. McMaster on preliminary U.S.-Iran deal
President Trump's memorandum of understanding with Iran is being met with criticism from both Republicans and Democrats. H. R. McMaster, former national security adviser to Mr. Trump, joins with his perspective on the deal.