Inflation to create sticker shock for vacationers
Those planning vacations this summer should buckle up for considerably higher prices. Kris Van Cleave explains.
Economy
Inflation putting stress on summer vacations
Compared to last year's Memorial Day, the overall cost of travel is actually down slightly, but vacationing in 2024 still costs 15% more than before the pandemic. CBS News senior transportation correspondent Kris Van Cleave has more.
Do you need a college degree to succeed? Here's what the data shows.
Many Americans are increasingly skeptical about the value of a college degree. Here's what the income and wealth data shows.
Rules for "buy now, pay later" plans
The Consumer Financial Protection Bureau has announced expanded protections for Americans choosing to use the "buy now, pay later" options to purchase certain goods. CBS News senior business and technology correspondent Jo Ling Kent breaks down the protections.
Sunak announces U.K. general election
British Prime Minister Rishi Sunak announced Wednesday a general election will be held on July 4 as the center-right party's support dwindles after 14 years in power. CBS News' Ian Lee breaks down the latest after Sunak's announcement.
Retailers cut prices on thousands of items
Some companies, including Target and Michaels, recently announced they're slashing prices on thousands of items that were seeing higher costs due to inflation. According to the Labor Department, groceries and other household items are cheaper now than last year. CBS News contributor Javier David has more on the trend.
Target cutting prices on thousands of items
Target is slashing prices on more than 5,000 items by this summer. Prices for household items like milk, bagels, diapers and even pet food are dropping, but there are concerns the move could hurt small businesses struggling to compete with larger chains. Columbia's retail studies director Mark Cohen joins to discuss.
How migrant workers are vital to the economy
Two recent tragedies involving migrant workers serve as reminders that the U.S. relies on workers from abroad. CBS News immigration and politics reporter Camilo Montoya-Galvez has more.
Navarro predicts Trump priorities from prison
Peter Navarro, a former White House aide under former President Donald Trump, is currently serving a four-month sentence in Florida for a contempt of Congress conviction. But Navarro's time behind bars is not stopping him from sharing what he believes to be Trump's economic agenda if reelected. Semafor editor Gina Chon joins to discuss some of the bold predictions Navarro made to her in emails sent from prison.
Top CEO pay is surging, report says
Paid compensation for chief executives of several Fortune 500 companies has risen dramatically over the last five years, according to a new report from The Wall Street Journal. WSJ writer Theo Francis joins to discuss why it's partly linked to a phenomenon known as the "Musk effect."
Economy, border front of mind for Arizonans
Arizona and Florida have both been in the national spotlight over abortion rights in recent weeks, but a new CBS News poll finds other issues are more pressing for voters in those states. CBS News executive director of elections and surveys Anthony Salvanto unpacks the numbers. Then, political strategists Meghan Hays and Matt Gorman join with analysis.
Mike Rogers discusses Michigan Senate race
Former Michigan Rep. Mike Rogers is hoping to return to Capitol Hill. The Republican is looking to replace Debbie Stabenow in the Senate and has the backing of former President Donald Trump. Rogers joins "America Decides" to unpack the competitive race.
Breaking down the Dow's 40,000 milestone
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Putin, Xi meet in China to reaffirm close ties
China rolled out the red carpet for Russian President Vladimir Putin, who met with Chinese President Xi Jinping in Beijing on Thursday. It was the second meeting between the two autocratic leaders in seven months. Ian Bremmer, president of the Eurasia Group, joins CBS News to assess the state of Russia-China relations.
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones Industrial Average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.
Breaking down April inflation numbers
Inflation declined slightly in April after two straight months of increases, the U.S. Bureau of Labor Statistics announced Wednesday. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to unpack the numbers.
Consumers fed up with soaring fast food prices
While Americans are saving a little money at the grocery store, dining out is another story. Jo Ling Kent reports on the high cost of fast food.
How voters view inflation ahead of November
U.S. inflation cooled slightly in April, but President Biden says prices are still too high. CBS News executive director of elections and surveys Anthony Salvanto explains how voters feel about rising prices' impact.
Inflation slightly cooled in April
New Consumer Price Index data indicates inflation slightly slowed in April, but certain costs of living, like gas prices and shelter, are still increasing. CBS News senior business and technology correspondent Jo Ling Kent reports.
Economic impact of Biden's new China tariffs
The White House announced new tariffs on Chinese imports Tuesday as part of an effort to protect U.S. businesses. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess the policy changes.
What to know about Biden's new China tariffs
President Biden announced new steps Tuesday to keep China from undercutting U.S. companies. His administration is hiking tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. CBS News chief White House correspondent Nancy Cordes reports.
Biden ups tariffs on some goods from China
President Biden announced Tuesday increased tariffs on certain goods from China, including electric vehicles. CBS News chief White House correspondent Nancy Cordes breaks down the new tariffs on some imports.
Store closures are surging in 2024. Here are the worst-hit retailers.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Why spending to save may be costing you more
If you buy more items than you need to get a discount, you might be guilty of "spaving" -- or spending more to save money. While retailers' clever marketing ploys convince you you're getting a deal, the practice often leads to overspending. CBS News MoneyWatch reporter Megan Cerullo explains the financial pitfall and how to avoid it.
Live
Trump announces "crushing economic operation" on Iran with talks in limbo
President Trump said Wednesday the U.S. might return to negotiations with Iran eventually, but he said currently "the situation is so good."
Exclusive
He spied for the U.S. in the war on terror. Now ICE wants to deport him.
The Trump administration is trying to deport a self-described CIA spy who won permission to live in the U.S. by helping convict terrorists.
Prince Harry and Meghan moving back to U.K.
The couple said in January 2020 that they would be stepping away from "senior" royal roles and were working to become financially independent from the royal family.
Exclusive
Pentagon officials considering firing Stars and Stripes publisher, sources say
Max Lederer, who has served as the publisher of Stars and Stripes for 19 years, this week announced to colleagues his decision to retire on Sept. 30, citing fundamental differences with the Trump administration.
How Moderna's melanoma mRNA vaccine could fight deadliest skin cancer
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
5 Americans among 7 people killed in Kenya helicopter crash
NBCUniversal said its Florida-based journalist, José Alberto Suárez, who worked for CBS Miami in the 1990s, was among those killed in the crash.
National debt tops $40 trillion after doubling in under 10 years
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
One killed when small plane, state police helicopter collide in Pennsylvania
One person was killed and two Pennsylvania State Police troopers were injured when a small plane and a state police helicopter were involved in a midair collision in central Pennsylvania, authorities said.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
U.S.
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One killed when small plane, state police helicopter collide in Pennsylvania
One person was killed and two Pennsylvania State Police troopers were injured when a small plane and a state police helicopter were involved in a midair collision in central Pennsylvania, authorities said.
How Moderna's melanoma mRNA vaccine could fight deadliest skin cancer
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
Exclusive
He spied for the U.S. in the war on terror. Now ICE wants to deport him.
The Trump administration is trying to deport a self-described CIA spy who won permission to live in the U.S. by helping convict terrorists.
Publix frozen blueberry recall upgraded to highest health risk level
Recalled frozen blueberries and mixed berries that could be contaminated with E. coli pose the most severe category of health risk, according to the FDA.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
MoneyWatch
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Publix frozen blueberry recall upgraded to highest health risk level
Recalled frozen blueberries and mixed berries that could be contaminated with E. coli pose the most severe category of health risk, according to the FDA.
National debt tops $40 trillion after doubling in under 10 years
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
Women lag in high-paying AI jobs boom, LinkedIn study finds
AI jobs can command a premium, but women are disproportionately underrepresented in such roles, according to hiring data.
Bond market sell-off threatens to drive up loan costs
The yield on the 30-year Treasury this week hit its highest level since 2007, a rise that could put upward pressure on borrowing costs.
Moderna stock surges as melanoma vaccine trial shows "landmark moment"
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Politics
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Exclusive
Pentagon officials considering firing Stars and Stripes publisher, sources say
Max Lederer, who has served as the publisher of Stars and Stripes for 19 years, this week announced to colleagues his decision to retire on Sept. 30, citing fundamental differences with the Trump administration.
Exclusive
He spied for the U.S. in the war on terror. Now ICE wants to deport him.
The Trump administration is trying to deport a self-described CIA spy who won permission to live in the U.S. by helping convict terrorists.
Michael Cohen, Trump's fixer-turned-nemesis, says he'll interview former boss
"This is the first public conversation between the president and myself in eight years," said Cohen.
Woman told House panel that Gomez sexually assaulted her, attorneys say
The California Democrat said Monday that he "made personal mistakes outside my marriage" and that his "actions were consensual in nature."
How progressive wins in Democratic primaries are shaping the midterms
Progressive momentum has been a prominent storyline as Democrats look to flip control of the House and Senate next year. But how far will it go?
HealthWatch
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How Moderna's melanoma mRNA vaccine could fight deadliest skin cancer
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
Melanoma vaccine shows promising results
An experimental melanoma vaccine could reduce the risk of the cancer returning or spreading for some high-risk patients. It's personalized for each patient and optimized using artificial intelligence. Dr. Jon LaPook has more details.
Publix frozen blueberry recall upgraded to highest health risk level
Recalled frozen blueberries and mixed berries that could be contaminated with E. coli pose the most severe category of health risk, according to the FDA.
Moderna stock surges as melanoma vaccine trial shows "landmark moment"
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
She's lived through unimaginable grief. Her advice: "Reach for the joy."
Author and grief coach Kate Doerge joined Norah O'Donnell for a candid talk about coping with grief.
World
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Prince Harry and Meghan moving back to U.K.
The couple said in January 2020 that they would be stepping away from "senior" royal roles and were working to become financially independent from the royal family.
5 Americans among 7 people killed in Kenya helicopter crash
NBCUniversal said its Florida-based journalist, José Alberto Suárez, who worked for CBS Miami in the 1990s, was among those killed in the crash.
Israel orders criminal probe into killing of 5-year-old Hind Rajab in Gaza
Israel says military police will investigate the killing of Hind Rajab, a young girl in Gaza whose death at the hands of its forces drew an international outcry.
Trump says he expects to meet with North Korea's Kim Jong Un this year
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
Australian tennis player Nick Kyrgios suspended after positive cocaine test
Australia's Nick Kyrgios has been provisionally suspended from professional tennis after testing positive for cocaine during a tournament in Mallorca.
Entertainment
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Entertainment
"Recess Therapy" host on embracing kid behavior
Julian Shapiro-Barnum is known for his conversations with kids on his series "Recess Therapy." He tells "CBS Mornings" why he thinks adults need to act more childish and embrace some behaviors of children.
Isla Fisher talks "Spa Weekend"
Isla Fisher gives an inside look at the new film, "Spa Weekend," how it highlights the importance of female friendships and how the star-studded cast connected.
Frank Beard, ZZ Top drummer, dies at age 77
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Panettiere was with on-and-off boyfriend when she died, police report says
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads 2026 MTV VMAs with 11 nominations
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Technology
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Technology
AI companies buying up books: 404 Media
Some used and independent bookstores have reported unexpectedly large book orders and suspect that the books are being scanned to train AI models and then destroyed. As part of a new investigative report, 404 Media put a tracking device in a book to see where it'd end up. Emanuel Maiberg, a journalist and co-founder at 404 Media, joins CBS News to discuss.
Former Meta engineer testifies in fed trial
Wendy Sheehan Donnell, editor-in-chief of PCMag, joins CBS News to discuss the latest in the tech world as a former Meta engineer takes the stand in the company's landmark federal trial for allegedly causing children to become addicted to its products.
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.
Women lag in high-paying AI jobs boom, LinkedIn study finds
AI jobs can command a premium, but women are disproportionately underrepresented in such roles, according to hiring data.
OpenAI launches updated ChatGPT for teens
OpenAI is launching a newer version of its teen-friendly ChatGPT platform. Rebecca Bellan, a senior reporter for TechCrunch, joins with more details on its tools.
Science
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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Crime
Woman missing after husband found dead
Police in Massachusetts are looking for Karen Solomon, a woman whose husband was found dead at their home. Police have said she is "presumed to be armed and dangerous." CBS News' Lilia Luciano has more.
Manhunt for wife of police officer found dead
A search is underway in Massachusetts for a 58-year-old woman considered armed and dangerous whose police officer husband was found dead Tuesday. Lilia Luciano has the latest developments.
Psychologist who treated Clancy testifies
Lindsay Clancy, the Massachusetts woman on trial for killing her three children in 2023, has pleaded not guilty, citing her own struggle with postpartum psychosis. On Wednesday, a psychologist who treated Clancy after the killings testified about her state of mind the night of the tragedy. Shanelle Kaul reports.
Moving pillowcase leads to discovery of reptiles in car seized at border
Federal officers found a moving pillowcase in a car that was seized at the U.S.-Mexico border. A collection of stolen exotic reptiles was inside.
Details emerge on Tupac's murder
Duane "Keffe D" Davis, who is accused of orchestrating the 1996 murder of Tupac Shakur, is back in court for the third day of his trial as more details emerge on the potential motive behind the fatal shooting. CBS News' Katrina Kaufman has more.
Space
More Space
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Thousands without power in Indiana
Over a week after a storm knocked out power to several towns in Indiana, thousands are still living without electricity and struggling to get warm meals. CBS News Chicago's Sabrina Franza reports.
Inside the investigation into Mark Walter
Billionaire Mark Walter moved to sell the Los Angeles Lakers last week for a record $12.5 billion just 14 months after purchasing the team as he faces a federal investigation. Melody Gutierrez, senior investigative reporter at The Athletic, joins "The Daily Report" to discuss.
Army offering Grand Theft Auto leave
A U.S. Army unit based in Georgia is offering soldiers four days of leave to play Grand Theft Auto IV when it's released in November as a way to incentivize reenlistments. CBS News Pentagon reporter Eleanor Watson has more.
Border wall construction paused in Texas park
President Trump is pausing construction of a border wall in Texas' Big Bend National Park after bipartisan concerns about its impact on the natural landscape, CBP Commissioner Rodney Scott announced. CBS News' Nicole Sganga reports.
Landmark moment in skin cancer vaccine trial
CBS News medical correspondent Dr. Céline Gounder joins "The Daily Report" to discuss what Moderna's melanoma vaccine breakthrough could mean as clinical trials continue.