What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
Income Inequality
Wealth inequality in America just hit its widest gap in 3 decades
Nearly one-third of U.S. household wealth was held by the top 1% in the third quarter of 2025.
California could impose a billionaire tax. Here's how it would work.
Proposed California ballot initiative would impose a one-time 5% tax on billionaires, with the revenue funneled toward health care and education.
Nearly a quarter of households live paycheck to paycheck, report finds
The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America finds.
You're living in a "K-shaped" economy. Here's how that affects you.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
Pediatrician who helped expose Flint's water crisis now fighting poverty
Dr. Mona Hanna created Rx kids, a program that gives cash to pregnant moms with no strings attached.
Outgoing Ford Foundation president on new book
The new book "The Idea of America" hopes to narrow growing divisions among Americans. Author Darren Walker, outgoing president of the Ford Foundation, joins "The Takeout" to discuss how there is more that unites us than divides us.
Financial burden rises for transportation
America's affordability crisis is getting worse. Average Americans are struggling to afford rent, groceries and transportation. Elise Preston reports on the economic struggle many face to even leave their home.
These are the faces of the affordability crisis in the U.S.
A teacher, a police officer and a senior job seeker share the stress and frustration of trying to stay afloat amid surging costs.
Reporter's Notebook: Tax plan gamble
A new tax proposal backed by President Trump would give the biggest benefits to the top earners, while cutting support for the poor. If the promised growth doesn't come, the most vulnerable will pay the price. "CBS Evening News" co-anchor John Dickerson explains.
Police officer shares struggle to buy first home
Americans are sharing their struggles to make ends meet in CBS News' series, "The Cost of Living." A rookie cop in Connecticut talks about the challenges of buying his first home.
Teacher on $37,000 salary fights to stay afloat
In a recent CBS News poll, two out of three Americans said they're stressed about their own finances, while three out of four said their incomes are not keeping up with inflation. A single mom of three shows what it's like to make ends meet on a teacher's salary of $37,000.
Almost 98% of nation's wealth is owned by top half of Americans
Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and tariffs, experts say.
Homelessness surged a record 18% in 2024
Homelessness in the U.S. jumped 18.1% this year, hitting a record level, with the dramatic rise driven mostly by a lack of affordable housing and devastating natural disasters, officials say. Lilia Luciano has the story.
The more wealth you have, the happier you get, research finds
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
Growing divide in Wyoming as billionaires send prices sky-high
Teton County's $108,000 median income is still not enough to afford the $7 million average cost for a home in Jackson Hole.
Here's how much income it takes to be considered rich in your state
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.
Here's how much money you need to be in the 1%
It takes substantially more money to be considered an ultra high net worth individual.
Single women in the U.S. own more homes than single men
American women have pulled ahead of men when it comes to building wealth through homeownership, according to LendingTree.
Young Americans and the economy
38% of Gen Z and millennials say they are having a harder time growing financial wealth compared to their parents at the same age, according to a new survey from Bankrate. Sarah Foster, an analyst at Bankrate, joined CBS News to discuss the findings.
Taraji P. Henson says "the math ain't mathing" on pay equity in entertainment
It's not the first time Henson has spoken out on this topic, revealing that she only made $150,000 for her Academy Award-nominated role in "The Curious Case of Benjamin Button."
How much are houses in big cities?
There is a disconnect in most U.S. markets of how much money people are earning, and how much it would cost to buy a home. CBS MoneyWatch associate managing editor Aimee Picchi joins CBS News with data on how much houses cost in major cities around the country.
Richest 20% now richer than before COVID: Fed
Americans were able to save more money during the pandemic because they were spending less due to lockdown restrictions, but new data from the Federal Reserve shows that excess money has now run out for most people. Alex Tanzi, a senior editor for the U.S. economy team at Bloomberg, joined CBS News to discuss how the rich have gotten richer and everyone else has, at best, what they had before the coronavirus pandemic.
The economy's long, hot, and uncertain summer — CBS News poll
High prices and interest rates are still weighing on personal budgets.
Geography of American poverty: "Internal colonies" where life is short
The most disadvantaged communities around the U.S. are rural and suffer from a history of injustice, a new book finds.
Live
Trump threatens Oman, Iran war in stalemate as 60-day talks window ends
The 60-day deadline for the U.S. and Iran to negotiate a peace deal and reopen the Strait of Hormuz is expiring, with no agreement in sight.
Hayden Panettiere, known for "Heroes" and "Remember the Titans," dies at 36
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the sci-fi series "Heroes," has died at the age of 36.
Supreme Court won't rehear Trump's appeal of $5 million E. Jean Carroll case
The Supreme Court declined for the second time to consider President Trump's appeal in the E. Jean Carroll case.
First on CBS
Hegseth to go to Iowa today to campaign for GOP candidates, sources say
Defense Secretary Pete Hegseth was scheduled to head to Iowa on Monday to give remarks, speak to veterans and campaign, sources told CBS News.
BBC asks court to subpoena Trump family members for defamation defense
After failing to deliver subpoenas itself, the BBC has asked a Florida court to compel three of President Trump's family members to testify over the Jan. 6 attack on the Capitol.
Tupac Shakur was murdered in "act of revenge," prosecutor tells jury
The long-unsolved drive-by shooting gripped the hip-hop community, partly because no one was charged until Duane "Keffe D" Davis was indicted in 2023.
Senior Israeli official calls for killing of "30 to 40" Gazans every night
Israel's far-right national security minister Itamar Ben-Gvir calls for nightly "targeted assassinations" in Gaza: "They're not even people."
Former Hurricane Lala drenches Hawaii, flash floods sweep away Big Island homes
Lala was weakening but still packing a punch as it moved away from the islands, forecasters said.
School vaccination rates inch down again to record low
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
U.S.
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School vaccination rates inch down again to record low
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
Stellantis recalls nearly 850,000 vehicles over rearview camera issue
The car manufacturer is also recalling another 107,000 vehicles outside the U.S. over the same issue.
House Ethics investigating Rep. Gomez for alleged sexual misconduct
The allegations include "engaging in inappropriate sexual contact with a House staffer," according to the committee.
Trump welcomes 16-year-old lifeguard and boy he rescued to the Oval Office
President Trump praised lifeguard Ryder Williams for his bravery, saying his rescue of a 10-year-old boy in treacherous waters was "incredible."
Has your license plate been tracked by Flock? Here's how to check.
The website HaveIBeenFlocked has compiled a database of 4.6 million license plate records that have appeared in roughly 242 million Flock searches.
MoneyWatch
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Stellantis recalls nearly 850,000 vehicles over rearview camera issue
The car manufacturer is also recalling another 107,000 vehicles outside the U.S. over the same issue.
Has your license plate been tracked by Flock? Here's how to check.
The website HaveIBeenFlocked has compiled a database of 4.6 million license plate records that have appeared in roughly 242 million Flock searches.
Trump family crypto firm granted conditional approval to establish a bank
The plan has sparked criticism from Democrats, who argue that granting bank status to a business affiliated with the Trump family poses a conflict of interest.
CBS News poll on whether Democrats split over socialism
Americans think more young people in office would make politics better.
Hormuz chaos highlights risks for other global trade chokepoints
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
Politics
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House Ethics investigating Rep. Gomez for alleged sexual misconduct
The allegations include "engaging in inappropriate sexual contact with a House staffer," according to the committee.
Trump welcomes 16-year-old lifeguard and boy he rescued to the Oval Office
President Trump praised lifeguard Ryder Williams for his bravery, saying his rescue of a 10-year-old boy in treacherous waters was "incredible."
First on CBS
Hegseth to go to Iowa today to campaign for GOP candidates, sources say
Defense Secretary Pete Hegseth was scheduled to head to Iowa on Monday to give remarks, speak to veterans and campaign, sources told CBS News.
Ex-prosecutor fired over FACE Act case sues DOJ for unlawful termination
Sunita Doddamani argues that she was terminated as an assistant U.S. attorney because she prosecuted activists accused of blocking an entrance to an abortion clinic.
CENTCOM commander tries to ease concerns about USS Abraham Lincoln
President Trump and Defense Secretary Pete Hegseth have disputed concerns about conditions aboard the aircraft carrier USS Abraham Lincoln.
HealthWatch
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School vaccination rates inch down again to record low
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
RFK Jr.'s hunt for autism culprits stalls amid Trump's baseless vaccine order
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Mom-to-be had 2 signs of rare complication: "Everything kept getting worse"
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
World
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Senior Israeli official calls for killing of "30 to 40" Gazans every night
Israel's far-right national security minister Itamar Ben-Gvir calls for nightly "targeted assassinations" in Gaza: "They're not even people."
CENTCOM commander tries to ease concerns about USS Abraham Lincoln
President Trump and Defense Secretary Pete Hegseth have disputed concerns about conditions aboard the aircraft carrier USS Abraham Lincoln.
BBC asks court to subpoena Trump family members for defamation defense
After failing to deliver subpoenas itself, the BBC has asked a Florida court to compel three of President Trump's family members to testify over the Jan. 6 attack on the Capitol.
Thousands waiting for help as Indonesia earthquake death toll nears 70
Thousands of people are still waiting for aid on Indonesia's Flores island days after a powerful earthquake killed at least 68 people.
U.K. prime minister messages with impersonator of top Trump staffer
British Prime Minister Andy Burnham exchanged messaged with someone pretending to be White House chief of staff Susie Wiles.
Entertainment
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Entertainment
Extended interview: Becky G
Becky G speaks with Gayle King about the latest developments in her career, her new music, the intersection of advocacy and art in her latest videos and more.
Opening statements in Tupac Shakur murder trial
The trial has begun for the man accused of ordering the 1996 murder of Tupac Shakur, Duane "Keffe D" Davis. CBS News legal reporter Katrina Kaufman has more.
Hayden Panettiere remembered by co-stars and friends after her death
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
Jon Batiste on creating his 3 new albums
Jon Batiste speaks with "CBS Mornings" about his three new albums, which were inspired by composers Wolfgang Amadeus Mozart and Thelonious Monk, and explains how he crafted each one in a single day. The Grammy winner also gives an update on his wife, who is battling cancer.
Hayden Panettiere dies at 36
Actor Hayden Panettiere, known for her roles in "Remember the Titans" and "Heroes," has died at 36, her publicist confirmed. CBS News' Bradley Blackburn reports.
Technology
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Technology
How this school uses AI instead of teachers
Alpha School is a private school that teaches students subjects like math and reading with artificial intelligence apps. Mackenzie Price, co-founder of Alpha School, joins CBS News to discuss.
States crack down on misleading home listings
More home listings are using AI to add furniture, repaint walls, spruce up landscaping and even add windows. But when does virtual staging cross the line into deception or even fraud? CBS News' Evyn Moon explores.
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.
The iNaturalist app – Mixing science with fun
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species. (Originally broadcast March 22, 2026.)
The silent spy game orbiting above Earth's skies
Above Earth's atmosphere, an arms race is unfolding. Thousands of miles above the ground, satellites from different companies and nations are observing us and each other. To learn more, Olivia Gazis traveled to Vantor, a Colorado-based satellite technology company.
Science
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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Crime
Protests over Flock camera use in communities
More Americans are pushing back against police use of Flock surveillance cameras. Part of the concern comes from reports of officers misusing the cameras to stalk civilians, including ex-wives and girlfriends. CBS News' Anna Schecter interviewed Flock CEO Garrett Langley last week and has more.
Luigi Mangione's New York trial delayed
Luigi Mangione's New York state trial on second-degree murder charges is being delayed.
Tupac Shakur was murdered in "act of revenge," prosecutor tells jury
The long-unsolved drive-by shooting gripped the hip-hop community, partly because no one was charged until Duane "Keffe D" Davis was indicted in 2023.
Lindsay Clancy's mother takes the stand
Paula Musgrove, Lindsay Clancy's mother, gave emotional testimony in her daughter's murder trial on Monday, where she said Clancy was a dedicated, loving mom.
Lindsay Clancy's sister takes stand in trial
Lindsay Clancy's sister, Allison Ozga, took the stand in Clancy's murder trial on Monday to share what her sister's mental health was like before allegedly killing her three children.
Space
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New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
Photos show 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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
CRISPR Kids | 60 Minutes Archive
The CDC says Lyme disease is emerging beyond the regions where it has historically been considered endemic. In 2025, 60 Minutes' Bill Whitaker reported on high school students researching a new way to detect and treat the disease.
Inside Americans' views on socialism
A new CBS News poll shows 58% of Democrats view socialism positively while 50% view capitalism negatively. CBS News' Anthony Salvanto breaks down the findings.
Breaking down Florida's top primary races
CBS News Miami's Jim DeFede joins CBS News to break down some of the biggest primary battles in Florida on Tuesday.
Trump reducing military exercises with S. Korea
President Trump announced over the weekend that he's ordered the Pentagon to reduce joint military exercises with South Korea, saying that the country recently declined to join U.S. efforts to denuclearize Iran. CBS News' Nancy Cordes reports.
Latest on Iran war 60 days after MOU
It has been 60 days since the U.S. and Iran signed a memorandum of understanding that was meant to be the first step in a wider peace process, but in those 60 days negotiators have made virtually no progress on a permanent end to the war. CBS News' Charlie D'Agata, Aaron MacLean and Nancy Cordes have the latest on the war.