6/13: CBS News Mornings
Trump to be arraigned in federal court; wellness travel industry booming.
Economy
Inflation cools again in May
Inflation has continued to ease, according to new Consumer Price Index data released by the U.S. Bureau of Labor Statistics on Tuesday morning. Scott Wren, a senior global market strategist for Wells Fargo Investment Institute, joins CBS News with more.
Americans were asked what it takes to be rich. Here's what they said.
There's a large gap between aspirations about wealth and what most people actually own in the U.S.
Wildfire smoke takes economic toll
The smoke from Canadian wildfires that blanketed parts of the U.S. last week forced many people to stay inside for a few days. Ballgames and stage performances were canceled, construction jobs took a break, and school children were not allowed to play outdoors. CBS MoneyWatch associate managing editor Irina Ivanova has more on the wildfires' economic impact.
More Americans are struggling to pay the bills, especially this group
The financial health of some groups has deteriorated sharply compared with a year ago due to rising inflation and higher bills.
Young workers going paycheck to paycheck
High mortgages are just one of several financial challenges many young people are facing nationwide. A survey conducted earlier this year found over half of respondents between the ages of 24 and 35 don't expect to do better financially than their parents. Suzanne Woolley, a personal finance writer at Bloomberg, joined CBS News to talk about the survey.
Recession fears subside
For the last year, experts have been making predictions of a recession but it hasn't arrived. Edward Yardeni, president and chief investment strategist at Yardeni Research, joins CBS News to break down what is and isn't happening with the economy.
Gen Z homebuyers opting for smaller cities
Salt Lake City has the largest share of Gen Zers trying to get a foothold in the housing market, according to a new report from LendingTree. CBS MoneyWatch's Megan Cerullo has more on what the report said about homebuying trends for Generation Z.
UK on track for record inflation
The U.K. Is predicted to have the third-highest inflation rate in the world this year. John Quelch, former dean of the Miami Herbert Business School at the University of Miami, joined CBS News to talk about the British economy.
Unemployment aid applications jump to highest level since October 2021
Some 261,000 people applied for jobless aid last week, a 10% increase from the week before.
Economists reverse course on recession fears
After a year of recession fears, some economists are now saying those financial concerns are cooling as the U.S. job market continues to show resilience. Rick Newman, a senior columnist at Yahoo Finance, joins CBS News to discuss what could be ahead for the economy.
6/7: CBS News Mornings
Former Vice President Mike Pence enters 2024 presidential race; PGA Tour and LIV announce merger.
Remember that looming recession? Not happening, some economists say
"People have been using the wrong R-word to describe the economy," one economist said. "It's resilience — not recession."
Commercial real estate economic concerns
The Federal Reserve is eying commercial real estate as a looming risk to the U.S. economy. According to a survey conducted by the central bank, real estate is one of the top five potential risks to U.S. financial stability in the next 12 to 18 months. Stephen Gandel, a U.S. banking correspondent for the Financial Times, has more.
U.S. quitting rates cool
New data from the Labor Department shows that the so-called "Great Resignation" has ended. The number of people quitting their jobs is now down to near pre-pandemic levels. Courtenay Brown, an economics reporter at Axios, has more.
Fed considers pausing interest rate hikes
Officials at the Federal Reserve are considering pausing interest rate hikes at their next meeting, which starts June 13. But Friday's strong jobs report may complicate the Fed's path forward after 10 consecutive increases. Jeanna Smialek, a Federal Reserve and economy reporter for the New York Times, has more.
6/4: Face The Nation
This week on "Face the Nation," West Virginia's Democratic Sen. Joe Manchin and Louisiana Republican Garret Graves discuss what's next for the country after averting a debt crisis, plus Bank of America CEO Brian Moynihan on how brinkmanship impacts an ever-changing economy.
Saudi Arabia cutting oil output in move that could raise gas prices
The Saudi cut of 1 million barrels per day comes as the other OPEC+ producers agreed to extend earlier production cuts through next year.
Mild recession possible as job numbers stay hot
The U.S. averted disaster by raising the debt ceiling, but a mild recession is still possible even as job numbers remain hot, according to the head of Bank of America. Mark Strassmann breaks down how the U.S. economy is doing.
A snapshot of a complicated, wobbly economy
Spending consumers keep creating more jobs, but there have also been layoffs in the tech sector and a sharp rise in Black unemployment that pushed up the overall jobless rate. Mark Strassmann reports.
Biden signs deal to lift debt ceiling
President Biden Saturday signed a bipartisan bill that will suspend the nation's debt ceiling and avoid what could have been a catastrophic government default. Christina Ruffini has more.
Biden praises debt ceiling deal
President Joe Biden addressed the debt ceiling deal in a speech from the Oval Office, saying the bipartisan agreement avoids "economic collapse." Meanwhile, the stock market rallied behind a strong jobs report. Christina Ruffini has more.
Stocks jump amid surprising jobs report
The Labor Department reported Friday that the U.S. added another 339,000 jobs in May, more than double what economists were predicting. The report comes just after Congress passed the contentious debt relief bill, helping to avoid a catastrophic government default. Nancy Cordes has more.
U.S. adds over 300,000 jobs in May
According to the U.S. Labor Department, 339,000 jobs were added in May, much more than the 190,000 predicted by some economists. The unemployment rate rose to 3.7%. Lori Bettinger, president of BancAlliance and the former director of the TARP Capital Purchase Program at the Treasury Department, joins CBS News with her analysis of the numbers.
Senate passes debt ceiling deal
After a contentious week in Congress, the Senate passed the bipartisan fiscal responsibility act late Thursday 63-36, lifting the debt ceiling until 2025 and narrowly averting default. The bill will now head to President Biden's desk where he is expected to sign it as soon as possible and will address the nation today. Nikole Killion reports.
Live
Iran fires on ships in Strait of Hormuz as it closes the critical chokepoint again
Iran swiftly reversed course on reopening the Strait of Hormuz after the U.S. said the move would not end its blockade.
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Lawyer who led effort to overturn 2020 election will oversee probe of ex-CIA director
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John Brennan.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
Obama meets Mamdani in New York City ahead of a preschool reading event
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Trump signs short-term extension of surveillance law passed by Congress
President Trump's signing comes after Congress passed a 10-day extension for the controversial warrantless surveillance law.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Cleanup underway in Midwest after tornadoes leave path of damage, destruction
Communities across the Midwest were starting the cleanup process Saturday after multiple tornadoes touched down and severe weather struck areas from the Great Lakes to Texas.
2 soldiers attacked by bear during training at Army base in Alaska
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
U.S.
More U.S.
Investigators team up to solve mystery of missing Iowa teen
After Jade Colvin, a missing Iowa teenager, is tracked to a remote farm, photos discovered on an old cellphone reveal important clues.
Skydiver rescued after crashing into scoreboard during Virginia Tech game
A skydiver crashed into the scoreboard before Virginia Tech's spring football game.
Obama meets Mamdani in New York City ahead of a preschool reading event
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
2 soldiers attacked by bear during training at Army base in Alaska
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
Record U.S. drought sparks fears about wildfires, water and food prices
Meteorologists said the drought is a bad sign for the upcoming wildfire season, food prices and existing water issues.
MoneyWatch
More MoneyWatch
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Airlines cut routes in response to rising jet fuel costs amid Iran war
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Oil prices plummet after Iran says Strait of Hormuz is "completely open"
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Here's who is spending money on AI subscriptions, and how much they cost
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
Ford recalls nearly 1.4 million pickup trucks due to gearshift issue
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Politics
More Politics
Obama meets Mamdani in New York City ahead of a preschool reading event
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Lawyer who led effort to overturn 2020 election will oversee probe of ex-CIA director
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John Brennan.
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
HealthWatch
More HealthWatch
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
RFK Jr. defends proposed 12% health budget cut, measles response in House testimony
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
Trump announces he's nominating Dr. Erica Schwartz for CDC director
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
World
More World
Life jacket worn by Titanic passenger who survived auctioned for $900,000
The item is believed to be one of only a handful of Titanic life jackets still in existence, the auction house said.
6 killed after gunman opens fire in Kyiv, Ukrainian officials say
The head of Ukraine's Interior Ministry said the gunman took hostages and spoke to negotiators for 40 minutes before he was shot dead.
Over 1,000 bone fragments found in Mexico City ahead of World Cup
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Former chef facing 14 murder charges to plead guilty to aiding suicide
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
U.K. police probe arson attack on building formerly housing Jewish charity
There were no injuries reported in connection with the attack, police said Saturday.
Entertainment
More Entertainment
Entertainment
Breaking down the unlikely rise of the PWHL
New York Sirens captain Micah Zandee-Hart and Professional Women's Hockey League executive vice president of hockey operations Jayna Hefford sit down with "CBS Saturday Morning" to discuss the league's recent increase in popularity.
"Schmigadoon!" prepares for Broadway debut
Cinco Paul, the screenwriter behind hit movies like the "Despicable Me" series and "Dr. Seuss' Horton Hears a Who!", sits down with "CBS Saturday Morning" to discuss his latest project: adapting the hit Apple TV+ series "Schmigadoon!" for Broadway.
The Lone Bellow performs "You Were Leaving"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "You Were Leaving."
The Lone Bellow performs "No Getting Over You"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "No Getting Over You."
The Lone Bellow performs "I Did It For Love"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "I Did It For Love."
Technology
More Technology
Technology
Can Allbirds take flight as an AI company?
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Experts have warning for AI-generated podcasts
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
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.
AI "agents" can do your shopping. Should you let them?
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
AI version of Val Kilmer to star in new movie
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
Science
More Science
First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
More Crime
Investigators team up to solve mystery of missing Iowa teen
After Jade Colvin, a missing Iowa teenager, is tracked to a remote farm, photos discovered on an old cellphone reveal important clues.
Over 1,000 bone fragments found in Mexico City ahead of World Cup
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Former chef facing 14 murder charges to plead guilty to aiding suicide
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
U.K. man pleads guilty to hacking scheme that stole $8 million
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
What we know about d4vd's arrest
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
Space
More Space
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
9 highlights from Artemis II's epic journey around the moon
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
Latest Galleries
More Latest Galleries
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Skydiver crashes into stadium scoreboard
A skydiver was safely rescued after accidentally crashing into a scoreboard during a Virginia Tech spring football game.
Young surfing phenom pivots to jiu-jitsu
14-year-old surfing phenom tells Carter Evans about his pivot to jiu-jitsu and the lessons he's learned about choosing your path.
Can Allbirds take flight as an AI company?
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Pope Leo pushes back on claims of Trump feud
Pope Leo pushed back on claims that he is feuding with President Trump. Chris Livesay has more details.
Tornadoes whip across several states
Millions are under the threat of severe weather on Saturday, with a tornado risk from Tennessee to New York. Multiple funnel clouds whipped across several states on Friday, causing lots of damage. Jonah Kaplan reports and Andrew Kozak has the forecast.