Holiday spending predictions defy consumer sentiment
As the holiday season approaches, a new survey finds consumer sentiment is at a 3-year low. However, Ali Bauman learns that the data does not seem to be impacting people's spending habits.
Economy
Iowa farmers to lose income in 2026: report
A new report indicates that farmers' incomes across Iowa could decline significantly next year. The net income for Iowa farmers is expected to fall by 24% compared to this year. That's a total of $3 billion, according to the Rural and Farm Finance Policy Analysis Center at the University of Missouri. CBS News correspondent Lana Zak has more.
Seasonal retail jobs are set to drop to lowest level in 15 years
Workers looking to pick up extra cash working retail jobs this winter may be out of luck as stores pull back on hiring.
Examining why Democrats swept 2025 elections
On Tuesday, Democrats Abigail Spanberger and Mikie Sherrill won their gubernatorial races and exceeded pollsters' expectations. Political strategists Alex Conant and Ofirah Yheskel, along with CBS News political director Fin Gómez, join with analysis.
Analyzing latest economic data
Layoffs across the U.S. soared last month, marking the worst October cuts in 22 years, according to the firm Challenger, Gray and Christmas. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Consumers expected to break holiday record
Despite rising inflation and economic uncertainty, Americans are expected to spend a record amount this holiday season. The National Retail Federation's annual holiday forecast estimates Americans will spend more than $1 trillion in November and December. Mark Matthews, chief economist and executive director of research at the National Retail Federation, joins "The Daily Report" to discuss.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks were down across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks plummeted across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
October layoffs soared to their highest for the month in 22 years: report
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
Why are U.S. layoffs rising even as corporate profits surge?
A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand.
You're living in a "K-shaped" economy. Here's how that affects you.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
Election Day results highlight Trump economy
Americans who participated in 2025 Election Day voting appear concerned with the high costs of everyday items and the state of the economy under the Trump administration, according to new exit polling. CBS News' Robert Costa reports.
How the economy could be driving voters
One of the key issues expected to be top of mind for voters on Tuesday is the economy. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
Exclusive
Latino voters cite affordability, economy as top concerns in new poll
According to the Unidos Bipartisan Poll of Hispanic Voters: The Road to 2026, 53% of Latino voters cite the cost of living and inflation as their leading concern.
Kimberly-Clark to buy Tylenol maker Kenvue
Manufacturing giant Kimberly-Clark is set to acquire Kenvue, the maker of Tylenol, for $48.7 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Poll shows Latinos worried about the economy
New data from the "Unidos Bipartisan Poll of Hispanic Voters: The Road to 2026" shows Latinos are most worried about affordability and matters surrounding the economy. Clarissa Martinez De Castro, the vice president of the Latino Vote Initiative at UnidosUS, joins CBS News with more.
Low-income families face financial cliff as shutdown threatens aid
"I'm wondering how I'm going to be able to afford everything" if federal food aid is halted, one single mom said.
David J. Lynch on the cost of globalization
Globalization delivered cheap goods, but at what cost to American workers? Author David J. Lynch joins "The Takeout" to discuss his new book, "The World's Worst Bet."
Americans to spend big this holiday despite gloomy economic views
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
9/26: CBS Morning News
Former FBI Director James Comey indicted; Texas teen confesses to stabbing twin in 911 call.
Trump, Xi Jinping meet face-to-face
President Trump will hold a bilateral meeting with Chinese President Xi Jinping. This is their first face-to-face since Mr. Trump returned to the White House. Jessi Mitchell anchors this Special Report.
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Potential consequences of Trump-Xi meeting
President Trump and Chinese leader Xi Jinping are set to meet on the sidelines of an economic conference in South Korea on Thursday. CBS News senior White House correspondent Weijia Jiang has more on what could come out of the meeting.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Trump says Hamas must disarm very soon or "there will be hell to pay"
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
"Bomb cyclone" hits Midwest, takes aim at East Coast. Maps show forecast.
A powerful winter storm system moving across the northern United States could become a "bomb cyclone" over the Northeast region.
U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Homeland Security agents in Minneapolis investigating "rampant fraud"
Homeland Security agents are in Minneapolis on Monday "conducting a massive investigation on childcare and other rampant fraud," Secretary Kristi Noem said.
Second pilot involved in New Jersey helicopter crash dies, police say
A second helicopter pilot critically injured in a midair collision in Hammonton, New Jersey has died from his injuries, police said Monday.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
National Guard deploying to New Orleans as city marks 1 year since terror attack
The Guard members will stay through Carnival season, when residents and tourists descend on the Big Easy to partake in costumed celebrations and massive parades before ending with Mardi Gras.
U.S.
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National Guard deploying to New Orleans as city marks 1 year since terror attack
The Guard members will stay through Carnival season, when residents and tourists descend on the Big Easy to partake in costumed celebrations and massive parades before ending with Mardi Gras.
Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
Photos show motorcycle collection tied to Olympian-turned-alleged-drug-kingpin
Authorities in Mexico have seized a large collection of motorcycles believed to be owned by Ryan Wedding, the former Olympian wanted for allegedly running a major drug trafficking operation.
Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
Georgia execution paused over questions about clemency process
Stacey Humphreys, 52, was convicted of malice murder and other crimes in the 2003 shooting deaths of Cyndi Williams, 33, and Lori Brown, 21, in Cobb County, northwest of Atlanta.
MoneyWatch
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Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
These 9 states are cutting income taxes in 2026. See where.
Income tax cuts are taking effect in multiple U.S. states on Jan. 1, 2026, a new analysis says.
OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Politics
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Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
Trump claims progress toward peace, but Russia signals more war ahead
Hours after Trump declares Russia and Ukraine "closer than ever" to peace, Moscow claims a failed drone strike will alter its negotiating position.
Trump says Hamas must disarm very soon or "there will be hell to pay"
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
HealthWatch
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HealthWatch
Advances in treatment for Alzheimer's disease
The number of Americans with Alzheimer's disease is expected to double from 7 million in 2020 to 14 million by 2060, according to the CDC. However, advances in treatment options are giving more people hope in slowing the decline. Dr. Jon LaPook breaks it down.
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
World
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U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
Trump claims progress toward peace, but Russia signals more war ahead
Hours after Trump declares Russia and Ukraine "closer than ever" to peace, Moscow claims a failed drone strike will alter its negotiating position.
Trump says Hamas must disarm very soon or "there will be hell to pay"
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
Heavyweight boxing champ Anthony Joshua injured in Nigeria car crash
British heavyweight boxing champion Anthony Joshua was injured in a highway crash in Nigeria that killed two other people, Matchroom Boxing said.
Entertainment
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Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Actor accusing Tyler Perry exchanged texts with him years after alleged assault
Actor Mario Rodriguez alleged in the lawsuit filed last week in California that Tyler Perry sexually assaulted him during encounters between 2014 and 2019.
French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
MetroCard art: Swiping beauty from the mundane
On December 31, New York City will officially retire the transit system's MetroCard, that ubiquitous piece of plastic used to gain entrance onto subways and buses. But there is beauty in using MetroCards as the raw materials for art, as Thomas McKean has found in his collages and miniature sculptures depicting portraits of city life. Serena Altschul reports.
2025: The year's top books
"Sunday Morning" checks out the bestselling fiction and non-fiction of the past year.
Technology
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OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. 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.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
Photos show motorcycle collection tied to Olympian-turned-alleged-drug-kingpin
Authorities in Mexico have seized a large collection of motorcycles believed to be owned by Ryan Wedding, the former Olympian wanted for allegedly running a major drug trafficking operation.
Victim in Christmas shooting in Southfield never called 911, police say
Police investigating the Christmas Day deaths of two people at an apartment complex say neither the victim nor her friend ever called 911, despite a history of domestic violence in the victim's relationship.
DOJ: D.C. pipe bomb suspect confessed
The Virginia man accused of placing pipe bombs outside the DNC and RNC headquarters on the eve of the Jan. 6, 2021, Capitol riots has confessed, according to a new court filing. CBS News justice correspondent Scott MacFarlane has the details.
Homeland Security agents in Minneapolis investigating "rampant fraud"
Homeland Security agents were in Minneapolis on Monday "conducting a massive investigation on childcare and other rampant fraud," Secretary Kristi Noem said.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
Shaq helps tall police recruit after failed exam
After completing the police academy earlier this year, 7-foot-3 Jordan Wilmore fell short of passing the state exam by one point. NBA legend Shaquille O'Neal learned about his story and offered his support. Jericka Duncan reports.
Young Americans weigh climate fears
Some young adults say their considering climate change and the future when deciding whether or not to have children. David Schechter reports.
Hero who disarmed Bondi Beach gunman speaks out
It's been two weeks since gunmen opened fire on a Hanukkah celebration in Sydney, Australia, killing 15 people and wounding 40 others. Amid the tragedy, an act of heroism stands out -- shopkeeper Ahmed al Ahmed tackled and disarmed one of the gunmen. Anna Coren has an exclusive interview.
Viral video prompts Minnesota day care probes
As Homeland Security agents were in Minnesota conducting what DHS Secretary Kristi Noem called a "massive investigation on childcare and other rampant fraud," many of their targets came not from tips from the FBI, but from a video posted on social media over the weekend. CBS Minnesota's Jonah Kaplan reports.
Bystander recounts deadly helicopter crash
Two pilots have died of their injuries after their helicopters crashed over New Jersey. CBS Philadelphia reporter Ray Strickland spoke to a woman who says she comforted one of the pilots after the chopper crashed outside her home.