These jobs saw the biggest pay hikes across the U.S. in 2023
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
Economy
Investors close out 2023 with a stock market gain of 24%
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
Examining the economic power of women in 2023
In 2023, women like Beyoncé, Taylor Swift and "Barbie" have dominated everything from headlines to the economy. Kiplinger senior digital editor Alexandra Svokos and People senior news editor Nigel Smith join CBS News to take a look at the entertainment industry's "year of the woman."
How the U.S. avoided a recession in 2023
Many experts predicted the U.S. would fall into a recession in 2023, mostly due to the Federal Reserve's interest rate hikes. The nation's economy is instead closing the year on a high note. CBS News senior business and tech correspondent Jo Ling Kent examines why.
Unfinished business looms for White House, Congress
President Biden left the White House for Camp David on Saturday, as his administration and Congress leave the capital this year with unfinished priorities, and Americans feeling uncertain about the economy. Willie James Inman reports from Washington.
How to talk about the economy over holidays
The economy and inflation are still weighing on the minds of many Americans and they're likely to be a topic of conversation at some holiday gatherings with friends and loved ones. Aditya Bhave, senior U.S. economist for Bank of America, joined CBS News with pointers on how to talk economics with your family.
Many who are struggling financially won't be buying any gifts this season
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
Breaking down Argentina's inflation crisis
Argentina is experiencing rapid economic change under the leadership of new president Javier Milei as the third-largest economy in Latin America continues to suffer from decades of struggles. CBS News' Errol Barnett looks at how Argentina ended up in this economic situation.
How overseas conflicts impact U.S. economy
Two wars overseas and growing tensions with Russia and China are prompting top U.S. military contractors to boost production. Bill Hartung, senior research fellow at the Quincy Institute, joins CBS News to discuss the state of the U.S. military-industrial complex.
Biggest financial stories heading into 2024
Concerns over inflation and a potential recession drove economic headlines in 2023, but new data shows consumer confidence is at a five-month high as we head into the new year. Javier David, CBS News contributor and a managing editor of business and markets at Axios, has a look at the economic outlook for 2024.
Mortgage rates starting to slowly drop
Sky-high mortgage rates that scared off some potential home-buyers this year are slowly starting to drop. Rates are now at their lowest level since June after hitting a 23-year high in October. Greg McBride, chief financial analyst at Bankrate, joined CBS News to discuss how much lower rates might go.
How minority voters could shape 2024 outcome
President Biden touted his economic policies in Milwaukee on Wednesday and emphasized his support of Black-owned businesses. Political strategists Leslie Sanchez and Chuck Rocha join "America Decides" to discuss Mr. Biden's reelection bid and his appeal to mobilize minority voters.
Consumers signal optimism this holiday season
Consumer confidence climbed this month, appearing to signal optimism in the U.S. economy during the holiday season, according to a new report by The Conference Board. Dana Peterson, the chief economist at The Conference Board, joins CBS News with a look at the new data.
Tips for saving money this holiday season
Looking to spread holiday cheer without breaking the bank this year? If you haven't done your shopping yet, Bankrate senior economic analyst Mark Hamrick joined CBS News with advice on how to save.
When will Fed reach inflation goal?
The Federal Reserve's actions appear to be cooling inflation in the U.S. economy. Bartie Scott, a senior economy editor at Business Insider, joins CBS News with a look at the goals the government has set.
Goolsbee: Economy must be viewed "in a totality"
Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, tells "Face the Nation" that it's "too early to declare victory" in avoiding a recession, although he said it is looking like "it's going to end up being a very substantial reduction in inflation without a big increase in the unemployment rate." But despite the positive outlook for 2024, he warned that the economy must be viewed "in a totality."
Despite resilient U.S. economy, some pessimistic
The U.S. economy continues to show strong growth, with inflation and mortgage rates dipping and gas prices dropping. The Dow Jones Industrial Average hit an all-time high Friday. However, economists say not everyone is feeling optimistic. Michael George reports.
Here's what a "soft landing" for the U.S. economy means for you
Wall Street economists increasingly predict inflation will continue to cool while avoiding a recession sparked by the Fed's rate hikes.
Fed hints at interest rate cuts in 2024
Federal Reserve chair Jerome Powell announced Wednesday that interest rates would remain unchanged through the end of 2023 and indicated there could be rate cuts coming next year. Greg McBride, the chief financial analyst at Bankrate, joined CBS News to discuss what could be coming for the economy.
Offshore wind highs and woes
Last week, the first full utility-scale offshore wind farm in United States waters started sending power to American shores. But the offshore wind industry is facing daunting economic conditions that are slowing down overly-optimistic clean energy projections. CBS News' Senior National and Environmental Correspondent Ben Tracy reports.
Dow Jones Industrial Average hits record high
The Dow Jones Industrial Average surged to close at more than 37,000 points for the first time as investors applauded a statement from the Federal Reserve that it could cut its benchmark interest rate next year. But many Americans remain pessimistic about their financial future. CBS News' Jo Ling Kent reports.
How high interest rates hurt tech startups
Tech startups faced closures and layoffs in 2023 as the Federal Reserve raised interest rates to a 22-year high. New York Times reporter Erin Griffith joins CBS News to explain what's going on in Silicon Valley.
Dow surges after Fed keeps rates unchanged
The Dow soared more than 500 points on Wednesday, closing over 37,000 for the first time. The surge came after the Federal Reserve said it is keeping interest rates unchanged for the third time in a row. Gregory Daco, chief economist at Ernst and Young, joins CBS News to unpack the Fed's decision.
Dow reaches 37,000-point milestone
The Dow Jones Industrial Average jumped 500 points Wednesday, crossing the 37,000-mark for the first time ever.
Jill Schlesinger on inflation, interest rates
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the latest Consumer Price Index report, which shows inflation slowing. Plus, what to expect on interest rates from the final Federal Reserve meeting of the year.
Trump says U.S. deal with Iran "is now complete"
The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.
Live
Iran and U.S. reach peace deal, Trump and Pakistani prime minister say
Pakistan's prime minister said Sunday the U.S. and Iran had reached a deal that includes "the immediate and permanent termination of military operations on all fronts, including in Lebanon."
Hegseth: "Manufactured story" that U.S. faces munitions stockpile shortage
Defense Secretary Pete Hegseth testified before the Senate Armed Service Committee earlier this year that replenishing the stockpile could take "months and years."
White House hosts "UFC Freedom 250" fight on Trump's 80th birthday
The UFC is hosting a fight series on the White House South Lawn Sunday night.
Vance: Trump "very supportive" as vice president moves closer to 2028 decision
Vice President JD Vance tells "CBS Sunday Morning" that he and his wife, Usha, will make a decision whether to enter the 2028 presidential race following the 2026 midterm elections.
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
11 skydivers and pilot killed in plane crash near Kansas City
The Missouri State Highway Patrol said the fatal crash occurred near the Butler Memorial Airport, about 60 miles south of Kansas City.
Trump speaks with Putin and Zelenskyy as war in Ukraine rages on
President Trump told Russia's Putin that the war in Ukraine needed to end. Ukraine's Zelenskyy said he and Mr. Trump would speak more at the upcoming G7 summit.
Knicks capture first NBA title in 53 years
The New York Knicks captured their first NBA championship in 53 years with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals.
U.S.
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Kennedy Center to establish new endowment in Trump's name
The establishment of the fund comes less than two weeks after a judge ruled the Kennedy Center's board acted unlawfully in adding the president's name to the performing arts center.
Mitch McConnell admitted to the hospital, spokesperson says
Sen. Mitch McConnell was admitted to the hospital Sunday morning, a spokesperson for the Republican confirmed to CBS News.
Full transcript of "Face the Nation with Margaret Brennan," June 14, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Defense Secretary and Sen. Mark Warner join Margaret Brennan.
Sen. Mark Warner says he hopes Senate can confirm Trump's DNI pick "this week"
The Senate has been at an impasse over the president's controversial pick to serve as acting intelligence chief that resulted in the expiration of a key spy authority.
Hegseth: "Manufactured story" that U.S. faces munitions stockpile shortage
Defense Secretary Pete Hegseth testified before the Senate Armed Service Committee earlier this year that replenishing the stockpile could take "months and years."
MoneyWatch
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Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
With uncertainty around H-1B visa fee, U.S. businesses unsure how to move forward
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Former SpaceX welder becomes a millionaire after historic IPO
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
Politics
More Politics
Kennedy Center to establish new endowment in Trump's name
The establishment of the fund comes less than two weeks after a judge ruled the Kennedy Center's board acted unlawfully in adding the president's name to the performing arts center.
Trump says U.S. deal with Iran "is now complete"
The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.
Mitch McConnell admitted to the hospital, spokesperson says
Sen. Mitch McConnell was admitted to the hospital Sunday morning, a spokesperson for the Republican confirmed to CBS News.
Full transcript of "Face the Nation with Margaret Brennan," June 14, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Defense Secretary and Sen. Mark Warner join Margaret Brennan.
Sen. Mark Warner says he hopes Senate can confirm Trump's DNI pick "this week"
The Senate has been at an impasse over the president's controversial pick to serve as acting intelligence chief that resulted in the expiration of a key spy authority.
HealthWatch
More HealthWatch
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
In Japan, life lessons in healthy eating
In the U.S. the percentage of obese adults is about ten times what it is in Japan. What differentiates the Japanese diet, and how are schools making it their mission to give Japanese children a taste of a healthy life?
Her Stage IV cancer had no symptoms. Innovative surgery saved her life.
A chance emergency room visit led to Amy Piccoli's diagnosis with late-stage colorectal cancer.
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
World
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Trump says U.S. deal with Iran "is now complete"
The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.
Singer Oliver Tree among 6 killed in helicopter collision over Rio de Janeiro
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
Trump speaks with Putin and Zelenskyy as war in Ukraine rages on
President Trump told Russia's Putin that the war in Ukraine needed to end. Ukraine's Zelenskyy said he and Mr. Trump would speak more at the upcoming G7 summit.
Transcript: Gary Cohn on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Gary Cohn, IBM vice chairman and director of the National Economic Council during President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Sen. Mark Warner, Demcorat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Entertainment
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Singer Oliver Tree among 6 killed in helicopter collision over Rio de Janeiro
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
Soccer art made from gum wrappers
Artist Lyndon J. Barrois Sr. painstakingly sculpts art depicting soccer players. His medium of choice? The humble chewing gum wrapper. Correspondent Luke Burbank talks with Barrois about his Los Angeles exhibit, "Fútbol Is Life: Animated Sportraits," which captures iconic moments from nearly 100 years of the World Cup in tiny pieces of paper and foil.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including "Today" film critic Gene Shalit.
David Hockney: An appreciation
David Hockney's constant experimentations in art gave us six decades of swimming pools and sun-drenched scenes, intimate portraits of friends, vibrant depictions of his native Yorkshire, and groundbreaking digital works. The British-born painter died on Thursday, June 11, 2026 at age 88. Correspondent Seth Doane offers an appreciation of the groundbreaking body of work, by an artist whom British Prime Minister Keir Starmer called one of the most important figures in contemporary art in both the 20th and 21st centuries.
Technology
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As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
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.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Uproar over planned data center near zoo
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
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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How an Iowa woman became a key witness in her own murder
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
Police dress up as World Cup mascots to carry out drug sting
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
Armed men kidnap respected security expert in gang-wracked Haiti
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
Texas shooting kills at least 1, injures 10
On Wednesday, a 45-year-old gunman opened fire on police in Midland, Texas, allegedly refusing to surrender to police. He fled, finally barricading himself in an abandoned veterinary building and shooting wildly. All of those shot were civilians. The gunman was found dead on Friday, with the FBI and state agencies investigating. Jason Allen has more.
Midland gunman was on the run before shooting
At least one person is dead, and 10 others are injured after a gunman opened fire in Midland, Texas, on Friday. The shooter died after a standoff with police. CBS News correspondent Jason Allen reports.
Space
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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.
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.
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
The real man who inspired Uncle Sam
Meg Oliver visits Troy, New York, to report on the real man who inspired America's Uncle Sam.
New York reacts after Knicks win NBA title
The Knicks returned to New York City Sunday as NBA champions after beating the San Antonio Spurs in Game 5 of the NBA Finals Saturday night. Shanelle Kaul reports on the celebrations in the Big Apple.
Fans take in first weekend of World Cup
Soccer fans from far and wide are taking to the streets of major American cities in droves as the World Cup gets underway. Nicole Valdes reports.
12 killed in skydiving plane crash
11 skydivers and their pilot all died Sunday when their plane crashed just after take-off near Butler, Missouri, roughly 65 miles south of Kansas City.
Inside Trump's trip to the G7 Summit
President Trump will depart the nation's capital Sunday night for the G7 Summit in France. Nancy Cordes reports on what's ahead.