What's fueling the historic gold prices?
The price of gold has reached an all-time high, eclipsing $5,000 per ounce. Jim Wiederhold, commodity indices product manager at Bloomberg, joins "The Takeout" to dig into why.
Finance
Dow closes 870 points down amid tariff threats
Markets closed in the red on Tuesday amid President Trump's tariff threats against European countries for opposing his aim to acquire Greenland. Dr. Sumantra Maitra, fellow at the Royal Historical Society, joins with analysis.
U.S. Steel CEO talks Trump's "golden share"
Nippon Steel's acquisition of U.S. Steel came with an unusual provision, a so-called "golden share" that gives President Trump the power to approve some major corporate decisions. U.S. Steel CEO David Burritt talked to "CBS Evening News" anchor Tony Dokoupil about that golden share and the future of the company.
New poll as Trump nears 1 year back in office
Tuesday marks one year of President Trump's second term, and new CBS News poll numbers show dissatisfaction with his handling of the economy and immigration. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
EU weighs "trade bazooka" in response to Trump
President Trump's push to take over Greenland has escalated into a trade dispute that's sparking anger across Europe. Philip Luck, director of the Economics Program at the Center for Strategic and International Studies, joins with analysis.
Possible impacts from 10% credit card rate cap
The Dow Jones fell nearly 400 points on Tuesday as traders reacted to President Trump's proposal to cap credit card interest rates at 10% for one year. Kristin Myers, ETF editor-in-chief at Asset TV, joins to discuss how the plan could impact borrowers if implemented.
Trump unveils plan for housing affordability
President Trump has unveiled two policies aimed at making home ownership more affordable. One is to ban large investors from buying single-family homes and another is for the federal government to purchase $200 billion in mortgage bonds. Collin Allen, executive director of the nonpartisan American Property Owners Alliance, joins to weigh in on the plans.
2026 changes to student loans: What to know
The Trump administration is set to resume wage garnishment for student loan borrowers in default. Michele Zampini, associate vice president for federal policy and advocacy at the Institute for College Access and Success, joins to discuss how borrowers can prepare.
Key takeaways from mixed December jobs report
The Bureau of Labor Statistics reports the U.S. added 50,000 jobs in December, which is lower than analysts had expected. However, the unemployment rate dropped slightly to 4.4%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Trump meets with oil executives over Venezuela
President Trump met with oil company executives at the White House on Friday afternoon to discuss Venezuela's oil supply. CBS News' Aaron Navarro and University of Houston energy fellow Ed Hirs join with analysis.
Economic news to watch for in 2026
With just one day left of trading before the new year, CBS News is taking a look at where things stand today and what might be driving the markets in 2026. Dallas Morning News business editor Javier David joins with more.
Trump again floats firing Fed Chair Powell
At a news conference on Monday, President Trump again stated his desire to fire Federal Reserve Chair Jerome Powell, whose term expires in May. While some contenders to replace him have been floated, the president has made clear he wants whoever the next head of the central bank is to continue cutting interest rates. Business reporter Erin Delmore joins with analysis.
Midwesterners grapple with rising prices
Recent CBS News polling shows Americans have a bleak view of the state of the economy. CBS News correspondent Lana Zak has firsthand insight into how Americans are dealing with economic pressures this holiday season.
Economic views fall short of early 2025 hopes
Americans entered 2025 with optimistic expectations for jobs, inflation and living costs. But as we near the end of the year, recent CBS News polling finds that only 32% of people view the current economy positively. CBS News executive director of elections and surveys Anthony Salvanto breaks down the results.
Role of Trump's tariffs in Q3 GDP surge
New government data reveals the U.S. economy saw a major surge in the third quarter of 2025. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the results.
Poll: Americans sour on state of economy
According to new CBS News polling, more Americans attribute the state of the economy to President Trump rather than to former President Joe Biden. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Poll: Americans say holidays are costing more
The holiday season is in full swing, but according to a new CBS News poll, many Americans say they're having trouble keeping up with rising prices. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Port of Los Angeles touts 2025 performance
After a rollercoaster 2025 of rapidly shifting tariff policies that threatened multiple businesses that rely on shipping, the Port of Los Angeles is on track to have its third busiest year on record. Executive director Gene Seroka joins to discuss.
Report: Gen Z more likely to return products
A new report from the National Retail Federation shows that Gen Z shoppers make the most returns out of any generation, despite the environmental harm it can cause. Taylor Hoit, head of product and technology at the online marketplace Rebel, joins CBS News to discuss.
Early details on U.S. seizure of oil tanker
President Trump said Wednesday that the U.S. military seized an oil tanker off the coast of Venezuela. CBS News chief White House correspondent Nancy Cordes reports.
Americans share their view on state of economy
The Federal Reserve cut interest rates by a quarter percentage point on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Agriculture Secretary Rollins on farmer aid
The Trump administration announced a $12 billion aid package on Monday looking to help farmers hurt by tariffs and America's trade war with China. Agriculture Secretary Brooke Rollins joins "The Takeout" to discuss.
Supreme Court weighs future of party spending
The Supreme Court heard arguments Tuesday over the long-standing legal limits on the amount of money political parties can spend in coordination with candidates. CBS News chief legal correspondent Jan Crawford has more.
Trump to tout low prices, data says otherwise
President Trump has been trying to drive home a message that some prices are lower than they were a year ago. CBS News chief White House correspondent Nancy Cordes reports on the president's upcoming economic event in Pennsylvania.
Live
U.S. strikes Iran after Trump accuses Tehran of "foolish violation" of ceasefire
The U.S. carried out retaliatory strikes against Iran on Friday after Iranian forces hit a cargo vessel in the Strait of Hormuz a day earlier.
Race to find survivors as Venezuela's earthquake death toll soars
The twin earthquakes that hit Venezuela killed more than 900 people, and that toll is likely to keep rising as frantic rescue and recovery operations ramp up.
Minnesota fraud suspect arrested in Somalia after 4 years on the run, officials say
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Buttigieg says he was separated from his children after false report
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
Appeals court upholds Harvey Weinstein's California rape conviction
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Texas board approves adding Bible stories to required reading for public school students
The reading list will take effect starting in 2030.
Judge in Charlie Kirk murder case finds prosecutor in contempt
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
Utah declares emergency, limits fireworks as crews battle largest U.S. wildfire
Utah is restricting fireworks as the largest wildfire in the nation grows, fueled by dry conditions and gusting winds.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
U.S.
More U.S.
Utah declares emergency, limits fireworks as crews battle largest U.S. wildfire
Utah is restricting fireworks as the largest wildfire in the nation grows, fueled by dry conditions and gusting winds.
Nurse who went above and beyond gets special send-off: "You're an angel"
Wynola Wayne received a special retirement send-off after 58 years as a nurse. One former patient, Marco Houpe, said, "If it wasn't for her then, I wouldn't be here today."
Video shows Boeing 777 making very low pass over Texas airfield
Data from FlightRadar24 showed the plane was no more than 25 feet above the ground during the low pass as it approached the Horseshoe Bay Resort Jet Center airport.
Appeals court upholds Harvey Weinstein's California rape conviction
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Buttigieg says he was separated from his children after false report
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
MoneyWatch
More MoneyWatch
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Nude portrait by Amedeo Modigliani sets record at auction
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple and Microsoft are raising their prices as chip costs soar
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Big Tech is spending trillions on AI. Investors want proof it'll pay off.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Politics
More Politics
Buttigieg says he was separated from his children after false report
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
U.S. strikes targets in Iran after drone attack on cargo ship
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Epstein's assistant grilled by lawmakers over Amex travel booked for women or girls
U.S. lawmakers recently grilled Jeffrey Epstein's longtime assistant Lesley Groff about Epstein's use of American Express to book travel for multiple women or girls.
"Regime Change" authors on Trump's "information bubble" and use of power
In "Regime Change, Inside the Imperial Presidency of Donald Trump," Maggie Haberman and Jonathan Swan describe his fundamentally different approach to running the country.
HealthWatch
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Internal emails show how RFK Jr.'s team sought to sway the CDC
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
World
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U.S. strikes targets in Iran after drone attack on cargo ship
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Convicted rapist who faked death and fled U.S. has died
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
4 people convicted over insecticide deaths of tourist family at hotel
Investigators initially suspected food poisoning, but that was quickly dismissed after Turkish media reported that their hotel was dealing with a bedbug infestation.
Ukraine launches huge drone attack on Russia and occupied Crimea
President Volodymyr Zelenskyy says Ukraine will ramp up attacks on Russia in an operation "aimed at compelling it to end the war."
AI helps decode new secrets from scrolls burned by Mount Vesuvius
An 18th-century archaeological dig uncovered a library of intact but charred scrolls. Their contents have been unreadable until recently.
Entertainment
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Appeals court upholds Harvey Weinstein's California rape conviction
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Essential American songs of last 250 years
For the United States' 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country's essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here's a sample.
Comedian Druski to make history at BET Awards
Comedian and entertainer Druski will host the BET Awards on Sunday. At 31, he's the youngest host in the show's history. He gave "CBS Mornings" co-host Nate Burleson a preview of what to expect.
William Holden, Joseph Cotten mark bicentennial
In the lead-up to America's bicentennial in 1976, CBS aired brief segments featuring well-known figures of the time describing moments from early U.S. history. CBS News chief Washington correspondent Major Garrett introduces clips featuring legendary actors William Holden and Joseph Cotten.
New NYT reporting on Taylor Swift's wedding
The New York Times is reporting that Taylor Swift and Travis Kelce might tie the knot at Madison Square Garden. She has reportedly booked out the arena for the Fourth of July weekend, the rumored wedding date.
Technology
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Technology
California creates AI job trend tracker
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
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.
Apple, Microsoft announce price hikes
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Science
More Science
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Crime
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Crime
Billionaire Leon Black testifies on Epstein
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Minnesota fraud suspect arrested in Somalia after 4 years on the run, officials say
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Mistrial ruled in Palisades Fire arson case
A judge declared a mistrial in the case against a man accused of starting a fire that grew into the deadly 2025 Palisades Fire. The jury was deadlocked during deliberations. CBS News Los Angeles has more.
Convicted rapist who faked death and fled U.S. has died
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
Judge in Charlie Kirk murder case finds prosecutor in contempt
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
Space
More Space
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
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.
Latest Galleries
More Latest Galleries
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.
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.
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
Patients give beloved nurse special send-off
Steve Hartman goes "On the Road" with the story of a beloved nurse who got no ordinary retirement send-off after 58 years on the job.
Escaped giraffe spotted near Texas ranch
After spending two weeks on the loose, a giraffe named Gracie was spotted Friday just miles from the Texas ranch she escaped in the Texas Hill Country. Mark Strassmann has more.
U.S. loses first 2026 World Cup match to Turkey
The U.S. Men's National Soccer Team suffered its first loss of the 2026 World Cup Thursday night, but will still advance to the knockout round to face Bosnia and Herzegovina on Wednesday. Nicole Valdes has more.
U.S. strikes Iran in response to ship attack
The U.S. struck back at Iran Friday after an Iranian drone attack on a cargo ship Thursday in the Strait of Hormuz. CENTCOM said U.S. aircraft hit Iran's missile and drone storage locations. Nikole Killion reports.
Red flag wildfire alerts issued for 8 states
Red flag wildfire warnings were posted Friday in eight states from the Pacific Northwest to the Desert Southwest, with gusts of dry air creating blowtorch-like conditions. Carter Evans reports.