How your paycheck would be impacted by the Trump and Harris tax plans
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Finance
ATM fees reach 26-year high with charges topping $5 in some cities
The average out-of-network ATM fee climbed to $4.77 this year, a 4-cent increase from 2023, a new survey found.
Trump takes questions at New Jersey golf club
Former President Donald Trump took questions from reporters at his golf resort in Bedminster, New Jersey, on Thursday. He criticized Vice President Kamala Harris' economic policies, and said if she's elected, "the worst is yet to come." Political strategists Joel Payne and Matt Gorman join "America Decides" with analysis.
How effective are Trump's economic attacks?
At an event Thursday announcing a deal to lower the cost of popular Medicare drugs, President Biden attacked former President Donald Trump and Republicans in Congress who didn't support the bill that made cutting prices possible. Later in the day, Trump hit back, calling out the current administration for what he considers a lack of action on the economy. CBS News political reporter Zak Hudak joins with analysis.
Inside the Medicare drug price negotiations
The White House says it has "beat Big Pharma" after Medicare reached agreements with manufacturers to lower the prices of 10 of the most expensive drugs in the U.S. According to the Department of Health and Human Services, the negotiations will save Americans about $100 billion over 10 years after the cuts go into effect in 2026. Health and Human Services Secretary Xavier Becerra joins "America Decides" to unpack the negotiations.
Trump criticizes Harris over economy
Former President Donald Trump held a news conference at his golf club in New Jersey on Thursday, his second in a week. Trump said Vice President Kamala Harris' economic policies are causing a catastrophe. CBS News' Fin Gómez and Willie James Inman have more.
Dow, S&P 500 see worst daily loss since 2022
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
What's driving the global market sell-off?
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
Stocks drop following weak July jobs report
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
Fed chair defends holding off on rate cuts
The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged. The announcement means policymakers will hold the federal funds rate between 5.25 and 5.50%, the highest level in 23 years. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine the decision.
Inside the Harris campaign's fundraising haul
Vice President Kamala Harris is raking in a mountain of cash for her White House bid. Her campaign says it raised $200 million in its first week. Theodore Schleifer, politics reporter for The New York Times, joins "America Decides" to dive into the historic fundraising haul.
U.S. national debt tops $35 trillion
The U.S. national debt has surpassed $35 trillion for the first time. The financial hole is mounting quicker than most economists had predicted. David Wessel, senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, joins CBS News to assess the problem.
How class and race impact economic mobility
A new Harvard study is checking in on how the U.S. is doing on economic mobility across race and class and examining which factors best predict success. The researchers discovered that earnings increased for white children in affluent families, but fell for those in poorer families. Benjamin Goldman, one of the study's authors, joins CBS News to unpack the findings.
U.S. economy grew more than expected
The U.S. economy grew more than expected in the second quarter of 2024, according to the latest gross domestic product data. Jeanna Smialek, a Federal Reserve and U.S. economy reporter with The New York Times, joins CBS News with more.
Trump pushes for 15% corporate tax rate
Former President Donald Trump revealed more about his policy vision in an interview with Bloomberg Businessweek conducted in June and released this week. Trump said he wants to lower the corporate tax rate to 15% if he returns to the White House. CBS News chief election and campaign correspondent Robert Costa has more.
Examining causes of Americans' economic anger
According to most voters, the state of the U.S. economy is a widespread problem. Neil Malhotra, professor of political economy at the Stanford University Graduate School of Business, joins CBS News to discuss what's fueling so many Americans' anger, and what policies may fix it.
Feel like you're living paycheck to paycheck? Join the crowd.
A Bankrate survey found that one-third of Americans say they're living paycheck to paycheck and have little money for savings.
More young adults are living at home in U.S.
A growing number of Gen Z Americans are living at home even after they graduate from college. According to a Business Insider report, parents are financially supporting their adult children well into their 20s in this tough economy. Eve Upton-Clark, freelance features writer for Business Insider, joins CBS News with more.
How Project 2025 would impact U.S. tax code
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
Inflation slows more than expected in June
Labor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
CDK Global cyberattack crippling car dealers
American car dealers could lose nearly $1 billion due to an ongoing cyberattack on software provider CDK Global. Charles Carmakal, chief technology officer of Mandiant Consulting, the security consulting organization of Google Cloud, joins CBS News to discuss how the hack is crippling operations, and what can be done to prevent similar incidents from happening again.
Here's how much Americans say they need to earn to live comfortably
Living comfortably means being able to pay all bills, afford a handful of wants and be able to save for the future.
How to spot fake job listings online
As many as 4 in 10 companies say they have posted a job listing this year that doesn't exist, while 3 in 10 say they're currently advertising for a role that isn't real, according to a May survey of over 600 hiring managers from the career site Resume Builder. Tim Paradis, future-of-work correspondent for Business Insider, joins CBS News to explain why some companies are doing this, and how you can spot the fake postings.
Kenya protests resume as leader's tax hike concession fails to quell anger
Kenyans furious over proposed tax hikes and the deadly police response to earlier protests take to the streets again - under much tighter security.
Kenya's president drops support for tax hikes
Kenya's president says he will not sign a controversial finance bill into law. The reversal comes a day after dozens of people were killed and injured in clashes with police while protesting the measure, which included hefty tax hikes. BBC Africa correspondent Barbara Plett Usher has the latest.
Live
Iran's drone and missile strikes continue, hit new ground as war spreads
As Iran and the U.S. vow to intensify their attacks, Gulf states are caught in the middle, and they're running low on interceptors to block Iran's retaliation.
Congress to vote on funding DHS, with GOP stressing urgency amid Iran war
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
Arab states running dangerously low on interceptors in Iran war, officials say
Officials speculated that Iran is intentionally hitting the Arab states to get them to pressure the U.S. to end the war.
House to vote on curbing Trump's Iran war powers
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
Man accused of plot to assassinate Trump says Iran pressured him
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Probe into Biden autopen closed by D.C. U.S. Attorney's Office, source says
Federal prosecutors are dropping their probe into whether Biden and his aides unlawfully used an autopen for pardons, a source said.
Key takeaways from House hearing with Walz, Ellison on Minnesota fraud
Minnesota Gov. Tim Walz told lawmakers that fraud "happened on my watch," but defended his administration's handling of the allegations.
Rep. Tony Gonzales admits to affair with former staffer, calling it a "mistake"
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
Britney Spears arrested in Southern California
According to Ventura County inmate records, Spears was arrested around 9:28 p.m. Wednesday and released around 6:07 a.m. on Thursday.
U.S.
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Search on for suspect after 3 women's bodies found in Utah, 2 on hiking trail
Authorities in Utah are searching for a suspect in the deaths of three women. Two bodies were found on a hiking trail and the third in a residence.
Man accused of plot to assassinate Trump says Iran pressured him
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Brawl at women's college basketball game injures ref; 8 players ejected
Referee Marla Gearhar was knocked to the floor in the melee between South Alabama and Coastal Carolina.
House to vote on curbing Trump's Iran war powers
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
Congress to vote on funding DHS, with GOP stressing urgency amid Iran war
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
MoneyWatch
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Elon Musk testifies in Twitter shareholder trial over actions before purchase
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
Companies are entitled to Trump tariff refunds, trade court rules
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Nearly 37 million pounds of food recalled because it could contain glass
Oregon food manufacturer Ajinomoto expands an earlier recall of frozen and ready-to-eat products over glass contamination.
Google faces first lawsuit alleging its AI chatbot encouraged man's suicide
Google is accused in a wrongful death lawsuit filed by the family of a man who committed suicide in October, allegedly at the direction of the tech giant's AI chatbot, Gemini.
Tariff refund delays could cost U.S. $700 million a month in interest
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
Politics
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Arab states running dangerously low on interceptors in Iran war, officials say
Officials speculated that Iran is intentionally hitting the Arab states to get them to pressure the U.S. to end the war.
House to vote on curbing Trump's Iran war powers
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
Congress to vote on funding DHS, with GOP stressing urgency amid Iran war
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
Rep. Tony Gonzales admits to affair with former staffer, calling it a "mistake"
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
GOP Sen. Steve Daines of Montana won't seek reelection
Sen. Steve Daines said he had wrestled with the decision for months.
HealthWatch
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Some baby formula brands contain heavy metals, Consumer Reports says
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
States face pushback on their rural health transformation plans
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
Chocolate supplement recalled over erectile dysfunction drug
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
College student's mystery illness diagnosed as Stage IV cancer
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
Medicaid is paying for more dental care. GOP cuts threaten to reverse the trend.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
World
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Arab states running dangerously low on interceptors in Iran war, officials say
Officials speculated that Iran is intentionally hitting the Arab states to get them to pressure the U.S. to end the war.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
House to vote on curbing Trump's Iran war powers
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
Live
Iran's drone and missile strikes continue, hit new ground as war spreads
As Iran and the U.S. vow to intensify their attacks, Gulf states are caught in the middle, and they're running low on interceptors to block Iran's retaliation.
Israel's president: It's "time that everybody tells Iran, 'Guys, we're fed up'"
In an interview with CBS News Wednesday, Israeli President Isaac Herzog said that he is "not calling on any boots on the ground" in Iran.
Entertainment
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Entertainment
True crime series spotlights U.S. small towns
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
Padma Lakshmi talks "America's Culinary Cup"
TV host and food expert Padma Lakshmi, the creator and executive producer of the new CBS series, "America's Culinary Cup," speaks to "CBS Mornings" about creating the cooking competition and how it's different from other shows.
How families can change their habits
Bestselling author Michaeleen Doucleff offers science-backed tips on how families can curb their screen time and cut back on ultraprocessed foods. She explains how her new book, which is aimed at rewiring children's brains, began with a personal revelation.
Luke Grimes on "Marshals"
Actor Luke Grimes talks about starring in the "Yellowstone" spinoff "Marshals." Grimes reveals why he was hesitant to join the cast at first and what it was like to have his new song "Haunted" to play in the premiere episode.
Preview of UFC 326: Holloway vs. Oliveira
UFC commentator Laura Sanko joins "CBS Mornings" to preview Saturday's UFC fight where defending champion Max Holloway will take on Charles Oliveira for the BMF title.
Technology
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Exclusive
Anthropic CEO: We're trying to "deescalate" Pentagon AI standoff to reach agreement
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
OpenAI changing Pentagon deal after backlash
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, 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.
Amazon says drones hit 3 of its Middle East data centers
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
Exclusive
AI executive Dario Amodei on the red lines Anthropic would not cross
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
Science
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Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
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Search on for suspect after 3 women's bodies found in Utah, 2 on hiking trail
Authorities in Utah are searching for a suspect in the deaths of three women. Two bodies were found on a hiking trail and the third in a residence.
Man accused of plot to assassinate Trump says Iran pressured him
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Gloves found near Guthrie's home tied to restaurant worker, no connection to case
DNA from the gloves found near Nancy Gunthrie's Arizona home was traced back to a local restaurant worker who has no connection to the investigation, the Pima County Sheriff's Department said.
Exclusive
Justice Dept. employee charged in child pornography case
Timothy Parsons, a legal staffer at the U.S. Attorney's Office in Washington, D.C., is facing federal criminal charges in Maryland, where he lives, three sources said.
Officers who killed Austin gunman "undoubtedly saved lives," DA says
Travis County DA Jose Garza said suggestions that he would seek charges were "intentionally false" and political in nature, calling the officers heroes.
Space
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Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
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
New jobs report may show a bounce in hiring
A new jobs report is expected to show a rise in hiring for some sectors. CBS News business analyst Jill Schlesinger explains. (Sponsored by AT&T Business).
Battle between RFK Jr. and coffee chains
HHS Secretary Robert F. Kennedy Jr. is challenging Starbucks and Dunkin' over the safety of high sugar drinks for teenagers as part of his Make America Healthy Again campaign. Now, the governor of Massachusetts, where Dunkin' is based, is responding. Tom Hanson reports.
How Kurdish forces could help in the Iran war
Kurdish forces surrounding Iran may jump into the fight against the Islamic Republic. CBS News' Courtney Kealy reports.
White House on Iran war's impact on economy
White House press secretary Karoline Leavitt is insisting that the U.S. economy can withstand a prolonged war against Iran, but gas prices and other economic sectors are already feeling the impact. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
Immigrants on building businesses in U.S.
In the series "USA to Z," "CBS Mornings" spoke to three immigrant entrepreneurs who shared their stories about how their families came to the U.S. and built their businesses.