Carrefour pulls Doritos and other PepsiCo products from shelves
The global supermarket chain will stop selling popular items like Doritos, Quaker Oats, Lipton tea and Pepsi soda in France, Belgium, Spain and Italy.
Inflation
Why England's junior doctors are on strike
England's junior doctors have walked off the job to protest pay raises that they say are not keeping up with inflation. CBS News foreign correspondent Ramy Inocencio is looking at the factors that are contributing to the strike.
These jobs saw the biggest pay hikes across the U.S. in 2023
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
2023 a mixed bag for Wall Street, U.S. economy
It has been a blockbuster year for investors, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all up with double-digit gains. However, the Federal Reserve battled the worst inflation in decades with several rate hikes, and 2023 marked the worst banking crisis since 2008, with three major institutions collapsing. Astrid Martinez reports.
Investors close out 2023 with a stock market gain of 24%
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
How the U.S. avoided a recession in 2023
Many experts predicted the U.S. would fall into a recession in 2023, mostly due to the Federal Reserve's interest rate hikes. The nation's economy is instead closing the year on a high note. CBS News senior business and tech correspondent Jo Ling Kent examines why.
Shoppers opened their wallets this holiday, defying fears of pullback
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
What happens to the billions in gift cards that go unspent every year?
Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.
Many who are struggling financially won't be buying any gifts this season
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
Inflation falls for the first time since April 2020
The Federal Reserve's preferred measure of inflation fell last month in another sign that prices are easing.
Breaking down Argentina's inflation crisis
Argentina is experiencing rapid economic change under the leadership of new president Javier Milei as the third-largest economy in Latin America continues to suffer from decades of struggles. CBS News' Errol Barnett looks at how Argentina ended up in this economic situation.
Biggest financial stories heading into 2024
Concerns over inflation and a potential recession drove economic headlines in 2023, but new data shows consumer confidence is at a five-month high as we head into the new year. Javier David, CBS News contributor and a managing editor of business and markets at Axios, has a look at the economic outlook for 2024.
Survey: Americans overstate president's power
A recent survey suggests the American public tends to hold exaggerated ideas of what a president can and can't do. Brendan Nyhan, professor of government at Dartmouth College and one of the survey's co-authors, joins CBS News to unpack the findings.
Consumers signal optimism this holiday season
Consumer confidence climbed this month, appearing to signal optimism in the U.S. economy during the holiday season, according to a new report by The Conference Board. Dana Peterson, the chief economist at The Conference Board, joins CBS News with a look at the new data.
When will Fed reach inflation goal?
The Federal Reserve's actions appear to be cooling inflation in the U.S. economy. Bartie Scott, a senior economy editor at Business Insider, joins CBS News with a look at the goals the government has set.
Egg prices are expected to soar
Egg prices could spike again, thanks to an avian flu outbreak at a large egg producer. Courtenay Brown, an economics reporter for Axios, joins CBS News with a look at how this could affect Americans already grappling with inflation.
Costco sells $100 million in gold bars amid inflation fears
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Annual raises likely lower in 2024: Survey
Employers plan to offer an average salary increase of 4% for 2024, nearly half a percent less than last year, according to a new survey from Willis Towers Watson, which advises companies on compensation issues. Lori Wisper, a managing director at WTW, joins CBS News with the projections.
Here's what a "soft landing" for the U.S. economy means for you
Wall Street economists increasingly predict inflation will continue to cool while avoiding a recession sparked by the Fed's rate hikes.
Fed hints at interest rate cuts in 2024
Federal Reserve chair Jerome Powell announced Wednesday that interest rates would remain unchanged through the end of 2023 and indicated there could be rate cuts coming next year. Greg McBride, the chief financial analyst at Bankrate, joined CBS News to discuss what could be coming for the economy.
How high interest rates hurt tech startups
Tech startups faced closures and layoffs in 2023 as the Federal Reserve raised interest rates to a 22-year high. New York Times reporter Erin Griffith joins CBS News to explain what's going on in Silicon Valley.
Dow surges after Fed keeps rates unchanged
The Dow soared more than 500 points on Wednesday, closing over 37,000 for the first time. The surge came after the Federal Reserve said it is keeping interest rates unchanged for the third time in a row. Gregory Daco, chief economist at Ernst and Young, joins CBS News to unpack the Fed's decision.
Federal Reserve to decide on interest rates
The Federal Reserve on Wednesday will announce another decision on interest rates with the expectation it will not raise or cut them. CBS News contributor and Axios' managing editor of business and markets Javier David joins CBS News with his analysis.
Fed unlikely to raise interest rates
Wholesale inflation remained unchanged in November after Dow Jones economists predicted a tenth of a percentage point increase. Lori Bettinger, the president of BancAlliance and former director of the Troubled Asset Relief Program, joined CBS News to discuss what the new numbers could mean for interest rates.
Jill Schlesinger on inflation, interest rates
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the latest Consumer Price Index report, which shows inflation slowing. Plus, what to expect on interest rates from the final Federal Reserve meeting of the year.
Live
Iran "negotiating on fumes," Trump says, as U.S. conducts new strikes
The U.S. and Iran had appeared ready to de-escalate before the U.S. military conducted what it said were defensive strikes against Iran on Wednesday.
Exclusive
GPS data appears to contradict Brian Hooker's account of wife's disappearance
After forensic evidence appeared to contradict Brian Hooker's account of where Lynette Hooker was the night she disappeared, U.S. investigators are renewing their search in the Bahamas.
Exclusive
Trump visited soldiers at Walter Reed, but not the 14 injured in the Iran war
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
U.S. carries out new strikes against Iranian military site, official says
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News, another challenge to a shaky ceasefire.
Ex-CIA official arrested after $40M in gold bars allegedly found at his home
A former CIA official was arrested after FBI agents allegedly found $40 million worth of gold bars at his home while investigating whether he lied about his background.
2 dead, 9 workers "unrecovered" after Washington chemical tank implosion
The damaged tank at Nippon Dynawave Packaging Co. held approximately 900,000 gallons of white liquor, a chemical used in paper processing, authorities said.
DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
Exclusive
Jill Biden: "I was frightened" by 2024 debate, thought husband was having a stroke
Former first lady Jill Biden said she thought her husband, Joe Biden, was having a stroke during the 2024 debate against Donald Trump.
U.S.
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DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Ex-judges push to look into "anti-weaponization fund" deal
A group of 35 former federal judges asked a court to reopen a legal dispute between President Trump and the government, calling the deal to create a $1.776 billion "anti-weaponization fund" potentially fraudulent.
New York City man sentenced to 10 years in plot to kill Iranian American writer
A federal judge has given a onetime truck and bus driver charged in an assassination plot against an Iranian American writer a 10-year prison sentence.
Exclusive
Top FEMA official Bob Fenton says "we're ready for hurricane season"
FEMA says it's ready for hurricane season, though it's still racing to recover from months of shutdown disruptions, delayed grants and a depleted Disaster Relief Fund.
Exclusive
Trump visited soldiers at Walter Reed — but not the 14 injured in the Iran war
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
MoneyWatch
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Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
Stocks are rallying despite the Iran war and stubborn inflation. Here's why.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Politics
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DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
Ex-CIA official arrested after $40M in gold bars allegedly found at his home
A former CIA official was arrested after FBI agents allegedly found $40 million worth of gold bars at his home while investigating whether he lied about his background.
Ex-judges push to look into "anti-weaponization fund" deal
A group of 35 former federal judges asked a court to reopen a legal dispute between President Trump and the government, calling the deal to create a $1.776 billion "anti-weaponization fund" potentially fraudulent.
U.S. carries out new strikes against Iranian military site, official says
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News on Wednesday, another challenge to a shaky ceasefire between the two countries.
HealthWatch
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HealthWatch
Rubio: No more Ebola patients allowed in U.S.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
Americans speak on health insurance costs
In the 1800s, Hartford, Connecticut, picked up the nickname, "The Insurance Capital of the World." Tony Dokoupil visits the city to ask people about rising insurance and healthcare costs.
Uganda closes its border with Congo over Ebola outbreak
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
Sponsored
TV host Ty Pennington on bronchiectasis
HGTV host and designer Ty Pennington opens up about his mother's yearslong battle with bronchiectasis, a chronic lung condition that often goes undiagnosed, and shares tips for caregivers on creating a calm environment. (Sponsored by Insmed)
Trump has third medical exam of the past year
President Trump said his health "checked out perfectly" after a medical checkup on Tuesday. Nancy Cordes reports.
World
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Fire at girls school in Kenya kills unknown number of people, police say
A fire at a school for girls in central Kenya has caused an unknown number of deaths, according to police, who said search teams have been deployed.
U.S. carries out new strikes against Iranian military site, official says
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News on Wednesday, another challenge to a shaky ceasefire between the two countries.
Uganda closes its border with Congo over Ebola outbreak
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
Exclusive
Trump visited soldiers at Walter Reed — but not the 14 injured in the Iran war
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
Official complains of persecution over CIA agents' deaths in Mexico
Two CIA agents died in a car crash while accompanying soldiers and state prosecutors in a raid of a drug lab in Chihuahua.
Entertainment
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Entertainment
Estelle on her latest album "Stay Alta"
Grammy Award-winning artist Estelle released her sixth studio album, titled "Stay Alta," and joins CBS News 24/7 Mornings to reflect on her career and discuss what this record means for her.
Josh Johnson on new special, career in comedy
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
Top moments from the American Music Awards
There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night's biggest prize.
Extended interview: Josh Johnson
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, trailblazing jazz saxophonist, dies at age 95
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Technology
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Technology
YouTube revamping its AI labeling system
YouTube unveiled a new AI labeling system on Wednesday, aiming to make it easier for viewers to distinguish between real and AI content. CNET editor-at-large Scott Stein joins CBS News to break down the change.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
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.
Study evaluates AI's accuracy on news
More than 1 billion people worldwide use artificial intelligence chatbots, but just how accurate are the answers? Forum AI released results from its latest study to determine the accuracy of chatbots in news and current events. Robbie Goldfarb, co-founder of Forum AI, joins CBS News to discuss.
How the U.S. military is using AI in warfare
CBS News' Chris Livesay gets an inside look at how the U.S. military is using artificial intelligence on the battlefield.
Science
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New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
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Crime
Teen charged in cruise killing to remain free for now
Timothy Hudson, the 16-year-old charged with sexually assaulting and killing his 18-year-old stepsister, Anna Kepner, will remain free for now while a judge considers arguments following a hearing Wednesday. CBS News' Katrina Kaufman has the latest updates.
New evidence in Bahamas disappearance
New forensic evidence appears to contradict Brian Hooker's account of where he says he was the night his wife Lynette went missing in the Bahamas. Cristian Benavides has the details.
Matthew Perry's assistant sentenced
"Friends" star Matthew Perry drowned in his hot tub in 2023 under the effects of ketamine. The 54-year-old's longtime personal assistant, who gave him the fatal injection, pleaded guilty to conspiracy and was sentenced to over three years in prison.
Clues in the Lynette Hooker investigation
An infrared camera mounted on the sailboat used by Brian and Lynette Hooker in the Bahamas could contain clues about her disappearance, CBS News has learned. Cristian Benavides has more.
China executes man for poisoning billionaire Netflix producer
Xu Yao was found guilty of killing Lin Qi, the founder of the company that holds the film adaptation rights for the blockbuster sci-fi trilogy "The Three-Body Problem."
Space
More Space
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX launch of more powerful Super Heavy-Starship rocket scrubbed at last minute
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX to explore "the true nature of the universe" as it plans IPO
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
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
5/27: CBS Evening News
Latest details on Washington state chemical tank rupture; Trump's optimism on an Iran peace deal seems to waver.
5/27: The Takeout with Major Garrett
Takeaways from Texas primary runoffs; Trump paints murky picture of Iran peace talks.
New analysis on CEO compensation growth
New data shows the median compensation for CEOs of S&P 500 companies grew almost 6% in 2025, reaching $17.7 million. This uptick marks the smallest annual growth rate since 2022, when the median pay grew just about 1%. The figures come from the Associated Press' CEO compensation survey. Ken Sweet, a banking reporter for the AP who helped write the analysis, joins "The Daily Report" to discuss.
Teen charged in cruise killing to remain free for now
Timothy Hudson, the 16-year-old charged with sexually assaulting and killing his 18-year-old stepsister, Anna Kepner, will remain free for now while a judge considers arguments following a hearing Wednesday. CBS News' Katrina Kaufman has the latest updates.
Biden sues to block release of biographer audio
Former President Joe Biden is suing the Justice Department to block the release of audio and transcripts from his private interviews with a ghostwriter that later became part of a special counsel investigation into his handling of classified documents. CBS News legal contributor Jessica Levinson has more.