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.
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Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
The average out-of-network ATM fee climbed to $4.77 this year, a 4-cent increase from 2023, a new survey found.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
A Bankrate survey found that one-third of Americans say they're living paycheck to paycheck and have little money for savings.
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.
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.
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.
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.
Living comfortably means being able to pay all bills, afford a handful of wants and be able to save for the future.
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.
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 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.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
President Trump said he must have a role in choosing Iran's next leader and called the son of the late Ayatollah Ali Khamenei "unacceptable."
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
The FBI said it "identified and addressed suspicious activities on FBI networks" and that it was responding but did not elaborate.
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Stocks are falling sharply on Wall Street on Thursday as oil prices rise further because of the war with Iran.
GOP leaders say the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
A suspect is in custody and has been identified after authorities in Utah found three women's bodies in two locations.
In a statement to CBS News, a representative for Britney Spears referred to her Wednesday arrest in Southern California as "unfortunate" and "completely inexcusable."
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Stocks are falling sharply on Wall Street on Thursday as oil prices rise further because of the war with Iran.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The Texas Republican admitted Wednesday that he had a relationship with the staffer, who later died by suicide.
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Stocks are falling sharply on Wall Street on Thursday as oil prices rise further because of the war with Iran.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
Americans are now paying an average of $3.246 per gallon, up 26 cents since last week and the highest level since April 2025.
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.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The Texas Republican admitted Wednesday that he had a relationship with the staffer, who later died by suicide.
A pair of tech investors have filed a civil lawsuit accusing the Trump administration of failing to enforce a law that required TikTok to either separate from its China-based owner or face a U.S. ban.
The FBI said it "identified and addressed suspicious activities on FBI networks" and that it was responding but did not elaborate.
A special election is being held on April 21 on whether to amend Virginia's constitution to enable redistricting that could help Democrats in the midterm elections.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Ecuador and the U.S. began joint military operations on Tuesday, the U.S. Southern Command said on social media.
Officials speculated that Iran is intentionally hitting the Arab states to get them to pressure the U.S. to end the war.
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.
Savannah Louie, who won season 49 of "Survivor," talks about her early elimination from the show's 50th season, challenges she faced as a former winner and the lesson she took away from the game.
Throughout her career, Annie Leibovitz has photographed influential women, including Supreme Court Justice Ketanji Brown Jackson, Queen Elizabeth and former House Speaker Nancy Pelosi. She spoke to Anthony Mason about the moments behind the photos and what she plans for her future.
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.
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.
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.
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
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.
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.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
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).
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 Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
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.
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.
Austin Police Chief Lisa Davis played surveillance video and police body cam video.
A suspect is in custody and has been identified after authorities in Utah found three women's bodies in two locations.
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.
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.
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.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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 Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Marine Corps and CIA special operations veteran Elliot Ackerman joins CBS News to discuss the timeline for U.S. operations in Iran and reports that Kurdish groups are preparing to join the fighting.
Kurdish groups based in Iraq say they're preparing to join the fight against Iran, the Associated Press reports. CBS News Middle East contributor Courtney Kealy has more.
Lawmakers are starting to react after President Trump announced Thursday that he was removing Kristi Noem as secretary of the Homeland Security Department. CBS News political reporter Hunter Woodall has more.
President Trump announced Thursday that Kristi Noem is out as secretary of Homeland Security. CBS News' Fin Gómez has more on the lead-up to Noem's ouster.
President Trump announced Thursday that he's removing Kristi Noem as Homeland Security secretary. Homeland security correspondent Nicole Sganga has more.