U.S. stocks fall as beleaguered banks tumble again
Worries about economy worsen as regional bank shares take a beating and Washington edges closer to default.
Inflation
Here's how big an apartment you can get for $1,500 across the U.S.
Renters in more affordable cities can get 1,000 square feet more for their money than people in pricey metros.
How markets reacted to bank seizure
Stocks closed flat Monday following the FDIC's seizure and sale of First Republic Bank. And the Fed is expected to make its latest decision on interest rates soon. CapWealth Chief Investment Officer Tim Pagliara joined CBS News to discuss what the developments mean for the market and economy going forward.
Army identifies soldiers killed in crash
The U.S. Army has identified three soldiers killed when two helicopters collided during a training mission in Alaska.
Regulators look to shore up troubled bank
Federal regulators are hoping to announce who will take over the troubled First Republic Bank before markets open Monday. Meanwhile, the Fed is expected to raise interest rates yet again as inflation remains high. Skyler Henry reports.
Employers continue to offer solid pay hikes, new data shows
Although good for employees, strong wage growth could spur additional interest rate hikes by the Federal Reserve.
Consumer spending strong despite slowing GDP
The stock market closed in positive territory Thursday despite the latest GDP report from the the Commerce Department showing that the economy grew at an annual rate of only 1.1% in the first quarter of 2023. Lori Bettinger, president of BancAlliance, spoke with CBS News about what the latest GDP figures mean for investors and consumers going forward.
Market concern on bank earnings, debt ceiling
The Dow Jones closed in the red Wednesday as investors reacted to earnings reports and falling shares of First Republic Bank. Axios markets correspondent Emily Peck joined CBS News to discuss what this means for investors and the economy.
Stocks slide after earnings reports
Stocks closed in the red across the board Tuesday, as investors react to first quarter earnings reports. CenterSquare senior investment strategist Uma Moriarity spoke with Errol Barnett about what the results mean for investors going forward.
Bed Bath & Beyond files for bankruptcy
Bed Bath & Beyond announced that it has officially filed for bankruptcy. The company plans to close all of its stores by June, with some closing as early as Wednesday.
Inflation is ruining Americans' efforts to save for retirement
Even a brief interruption in plan contributions can affect people's financial goals years down the road, experts say.
Stock market steady after earnings reports
EMG Advisors CEO and lead portfolio manager Will McDonough spoke with CBS News' Lana Zak and Lilia Luciano about how investors are reacting to earnings reports from Goldman Sachs and some other major companies.
Health care now tops inflation among Americans' concerns
Majority of respondents remain pessimistic about the economy as a whole, according to Primerica survey.
Big banks report strong first quarter earnings
J.D. Durkin, host of "TheStreet," and Jacob Bogage, business reporter for The Washington Post, joined CBS News to discuss Friday's report of strong first quarter earnings for big banks. They also reacted to the latest unemployment numbers, and strong sales for Burger King.
New economic data gives insight on inflation
New Producer Price Index data suggests inflation could be easing. CBS News' Errol Barnett and Lana Zak are joined by Ahmed Riesgo, the CIO for Insigneo Financial Group.
Stocks hit highest level in 2 months as inflation cools
Stocks rose to their highest level in almost two months in another sign that inflation is cooling.
Reaction to latest inflation numbers
The stock market closed relatively flat Wednesday following the release of the new inflation data in the Consumer Price index. BancAlliance president Lori Bettinger joined CBS News to discuss what the information means for investors.
Inflation at lowest level since May 2021
Inflation cooled down to its lowest level in nearly two years last month. Bharat Ramamurti, White House National Economic Council deputy director, joined Prime Time to share what's next on the road to economic recovery.
Food delivery drivers face low tips
With inflation at near-record highs, people appear to have become less generous with their tips. Brian Warrener, a professor at Johnson & Wales University, joins CBS News to discuss the change and the impact is has on delivery workers.
Inflation cools in March
The latest Consumer Price Index report shows inflation cooled last month. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to break down the latest data and how it could impact potential future interest rate hikes.
Federal Reserve predicts "mild recession" later this year
Stocks closed lower following latest update on inflation and warning of possible recession.
Inflation rate eases in March
Data released Wednesday shows the Consumer Price iIdex rose 0.1% in the month of March, beating estimates from Dow Jones. Barron's economics and politics senior writer Megan Cassella joined CBS News' Omar Villafranca to discuss the latest inflation data and what it could mean ahead of the Federal Reserve meeting in May.
Inflation eased to 5% in March, its lowest level in almost 2 years
Stubbornly high prices are continuing to ease, but remain far above Fed's target.
Crypto stocks jump
The Dow Jones closed Tuesday in the green, as investors await reports on the March consumer and producer price indexes. Axios Business reporter Nathan Bomey spoke with Lana Zak and Lilia Luciano about how the information could impact future interest rate hikes.
Inflation persists while employment remains strong
The latest jobs report from the U.S. Labor Department showed unemployment in March at just 3.5%. Americans remain concerned over the ongoing impact of incessant inflation amid high interest rates, with the average American spending more than $700 on a new car. Michael George has more.
Live
Trump calls Iran "duplicitous" after they deny his claim talks are resuming
President Trump called Tehran "unbelievably duplicitous" on Monday after Iran dismissed his claim that talks with the U.S. were set to restart.
Cornyn, Tillis back Blanche for attorney general after deal on DOJ fund
GOP Sens. John Cornyn of Texas and Thom Tillis of North Carolina formally announced their support on Monday for Todd Blanche's nomination for attorney general.
Sheriff in Nancy Guthrie case contradicted himself on ransom note
Investigators in the disappearance of Nancy Guthrie released two ransom notes, including one contradicting what the Arizona sheriff overseeing the case told CBS News.
Fast-moving wildfires in Spokane area destroy hundreds of homes
Spokane Mayor Lisa Brown called the wildfires burning through the area the "worst natural disaster our region has faced."
RFK Jr., Oz blame ACA enrollment drop on fraud, but experts cite rising costs
Rising premiums forced many people in Affordable Care Act plans to give up their coverage. But the Trump administration claims a huge drop in enrollment is almost entirely due to its fraud crackdown.
Senate pushes ahead with plan to fund government through midterms
The Senate is moving ahead with a plan to keep the government funded and avoid another shutdown before the midterm elections.
JPMorgan Chase to invest $750 billion in boosting housing and homebuying
JPMorgan Chase said the investment will include financing for 1 million affordable housing units and assistance to 500,000 people in buying homes.
Zac Brown Band surprises 37,000 Fenway Park concert fans with free cruises
Zac Brown Band celebrated their 15th straight sold-out concert at Fenway Park in Boston by giving everyone a free vacation on a cruise ship.
Twin Falls In-N-Out shooting suspect identified after 3 killed, 7 wounded
The suspect, identified as 24-year-old Chad Williams, died from a self-inflicted gunshot wound, police said.
U.S.
More U.S.
What to watch for in SpaceX's first public earnings report this week
SpaceX will release its first earnings report as a public company on Tuesday in a key test for the company's stuttering stock price.
Sheriff in Nancy Guthrie case contradicted himself on ransom note
Investigators in the disappearance of Nancy Guthrie released two ransom notes, including one contradicting what the Arizona sheriff overseeing the case told CBS News.
JPMorgan Chase to invest $750 billion in boosting housing and homebuying
JPMorgan Chase said the investment will include financing for 1 million affordable housing units and assistance to 500,000 people in buying homes.
Federal workers sour on government work, decrying eroding job security
Nearly two-thirds of current and retired U.S. government workers said they wouldn't re-enter public service, according to a recent survey.
Michigan health officials report 2 deaths among cyclosporiasis cases
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
MoneyWatch
More MoneyWatch
What to watch for in SpaceX's first public earnings report this week
SpaceX will release its first earnings report as a public company on Tuesday in a key test for the company's stuttering stock price.
JPMorgan Chase to invest $750 billion in boosting housing and homebuying
JPMorgan Chase said the investment will include financing for 1 million affordable housing units and assistance to 500,000 people in buying homes.
Federal workers sour on government work, decrying eroding job security
Nearly two-thirds of current and retired U.S. government workers said they wouldn't re-enter public service, according to a recent survey.
Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
Flights canceled as WestJet flight attendants strike over pay dispute
WestJet canceled more than 300 flights as of early Sunday, snarling travel plans in Canada in the middle of a three-day weekend.
Politics
More Politics
Cornyn, Tillis back Blanche for attorney general after deal on DOJ fund
GOP Sens. John Cornyn of Texas and Thom Tillis of North Carolina formally announced their support on Monday for Todd Blanche's nomination for attorney general.
Senate pushes ahead with plan to fund government through midterms
The Senate is moving ahead with a plan to keep the government funded and avoid another shutdown before the midterm elections.
RFK Jr., Oz blame ACA enrollment drop on fraud, but experts cite rising costs
Rising premiums forced many people in Affordable Care Act plans to give up their coverage. But the Trump administration claims a huge drop in enrollment is almost entirely due to its fraud crackdown.
Acting attorney general issues order rescinding "anti-weaponization" fund
The order came after Republican Senators Thom Tillis and John Cornyn threatened to block Blanche's confirmation for Attorney General if the fund was not rescinded in writing.
Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
HealthWatch
More HealthWatch
Michigan health officials report 2 deaths among cyclosporiasis cases
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
RFK Jr., Oz blame ACA enrollment drop on fraud, but experts cite rising costs
Rising premiums forced many people in Affordable Care Act plans to give up their coverage. But the Trump administration claims a huge drop in enrollment is almost entirely due to its fraud crackdown.
She went to "hell and back" for a diagnosis. Then her sister showed symptoms.
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
Peptide vendor sentenced for "trail of harm"
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
People with disabilities fear service cuts as DOJ questions legal protections
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
World
More World
Funeral held for family "wiped off the map" in Russian strike
At least two adults and four children were killed in the strike but the death toll could be higher as all the remains have not yet been formally identified.
Human remains exhumed at WWII massacre site in Ukraine
It is believed that 30 to 40% of the 50 remains so far discovered at the site were children.
Morocco blames Ceuta border surge on misleading info spread online
Morocco is blaming a massive surge of migrants into Ceuta on various factors, including "malicious exploitation of digital platforms" and the spread of misleading information.
Live
Trump calls Iran "duplicitous" after they deny his claim talks are resuming
President Trump called Tehran "unbelievably duplicitous" on Monday after Iran dismissed his claim that talks with the U.S. were set to restart.
Suspect arrested in Greece after U.K. woman's body found in suitcase
Police say the suspect transported the body to an abandoned site in a suitcase and subsequently used her bank cards to withdraw money.
Entertainment
More Entertainment
Why the 2027 Met Gala is already causing controversy
Designer John Galliano is known for his theatrical and dramatic designs, but his legacy is also marked by antisemitic and racist comments.
Paul W. Downs on historic "Hacks" Emmy run
Actor Paul W. Downs talks with "CBS Mornings" about the final season of "Hacks" and reveals if there could be a spinoff of the popular series. Downs also describes what it was like to tell his co-star Meg Stalter that she was nominated for an Emmy Award.
Controversy surrounding the next Met Gala
The 2027 Met Gala is already causing controversy for its plan to feature John Galliano, who is known for his theatrical and dramatic designs. Galliano's legacy is also marked by antisemitic and racist comments, which he has since apologized for. CBS News fashion contributor Lauren Sherman speaks with "CBS Mornings" about Galliano's work, legacy and the Met Gala's controversial decision.
Ariana Grande pulls out of musical over "endless, ongoing public scrutiny"
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Zac Brown Band surprises 37,000 Fenway Park concert fans with free cruises
Zac Brown Band celebrated their 15th straight sold-out concert at Fenway Park in Boston by giving everyone a free vacation on a cruise ship.
Technology
More Technology
Technology
U.S. probes cyberattack on water systems
Lauryn Williams, the deputy director and senior fellow of the Strategic Technologies Program at the Center for Strategic and International Studies, joins to discuss the U.S. probe into Iran possibly targeting water systems in Michigan and Minnesota.
Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
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.
CEO of AI firm Hugging Face on OpenAI hack
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.
Resistance grows nationwide against AI data center boom
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications of such facilities in their backyards, are fighting back. "Sunday Morning" national correspondent Robert Costa examines the drive to construct AI data centers, and the debate between opponents and AI advocates. (Originally broadcast April 12, 2026.)
Science
More Science
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Crime
More Crime
Sheriff in Nancy Guthrie case contradicted himself on ransom note
Investigators in the disappearance of Nancy Guthrie released two ransom notes, including one contradicting what the Arizona sheriff overseeing the case told CBS News.
Nancy Guthrie ransom notes released
Six months after Nancy Guthrie went missing, the Pima County, Arizona, sheriff has released two ransom notes, including one that claims Guthrie died "shortly after she was taken." Jonathan Vigliotti reports.
Deadly shooting at Idaho In-N-Out
Officials say three people were killed and seven were injured in a shooting at an In-N-Out in Idaho over the weekend. Officials believe the shooter acted alone and are investigating possible motives. Lilia Luciano reports.
Nancy Guthrie case is "active," sheriff says
The investigation into Nancy Guthrie's disappearance is still "very active," Pima County Sheriff Chris Nanos said after two ransom notes were released. CBS News' Anna Schecter has more.
Suspect arrested in Greece after U.K. woman's body found in suitcase
Police say the suspect transported the body to an abandoned site in a suitcase and subsequently used her bank cards to withdraw money.
Space
More Space
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Latest Galleries
More Latest Galleries
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.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
ICE sets new Trump-era detention record
U.S. Immigration and Customs Enforcement detentions reached a record high in July for President Trump's second term, internal data shows. CBS News' Camilo Montoya-Galvez has the latest.
Blanche rescinds "anti-weaponization fund"
Acting Attorney General Todd Blanche on Sunday issued an order to formally rescind the $1.8 billion "anti-weaponization fund." The decision could help get him confirmed as attorney general after two GOP senators raised concerns last week. Weijia Jiang reports.
Powerball heads across the pond
Andria Vidler, the CEO of Allwyn UK and The National Lottery, joins CBS News 24/7 to discuss Powerball sales beginning in the United Kingdom.
Trump admin. offers few details on Iran
Frustration has grown among both Republican and Democratic lawmakers over a lack of information on the U.S.-Iran conflict. CBS News' Margaret Brennan has more.
Oil prices slide amid Iran confusion
Oil prices dropped Monday after President Trump called off an apparent strike on Iran, and then said the U.S. was starting diplomatic talks. Iran denied the claim. David Uberti, a reporter for The Wall Street Journal, has more.