Medicare premiums will drop next year. Here are the savings.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Inflation
Federal Reserve hikes interest rate again
The Federal Reserve raised interest rates by three-quarters of a percentage point for the third consecutive time this year in an effort to curb inflation. CBS News business analyst Jill Schlesinger explains what's behind the move and what we should expect going forward.
Italy to be led by far-right Giorgia Meloni
As Europe is gripped by rising inflation and energy costs, Italians have voted in its most right-wing government since Benito Mussolini. As CBS News correspondent Chris Livesay reports, her campaign was marked with hallmarks of fascism and her opponents fear her right-wing policies.
MoneyWatch: Value of British pound drops
People in the U.K. are facing price increases on food and gasoline, as the British pound's value briefly dropped to an all-time low against the U.S. dollar. CBS News' Lana Zak explains what that means for Americans, then Joice Alves, a European stock market correspondent for Reuters, joins "CBS News Mornings" to share the impact she has noticed in London.
11/10: Red and Blue
President Biden's agenda polls higher than he does; New Zealand Prime Minister Ardern's toddler crashes livestream
Volatility hitting U.S. and U.K. economies
Rick Newman, a senior columnist for Yahoo Finance, joins CBS News to discuss the ongoing impact of the Federal Reserve's latest interest rate hike, the historic drop of the British pound and how concerned Americans should be about the economy.
Consumers gaining confidence as gas prices slide
But a stock market slump and rising borrowing costs could dim Americans' economic outlook, Wall Street analysts said.
Concern growing over housing market
Inflation remains over 8%, and now there are growing concerns about the housing market. A recent analysis found that more than half of the country's largest regional markets are "significantly overvalued." Mark Strassmann has more.
Face The Nation: Salvanto, Strassman, Bostic, Aguilar
Missed the second half of the show? The latest on the Battleground Tracker as the GOP House lead shrinks; Inflation, stocks, interest rates fuel economic uncertainty; Atlanta Fed chief says central bank is working to avoid "deep, deep pain" and the Jan. 6 panel having "evolving discussions" over Mike Pence's testimony.
Atlanta Fed chief: Central bank working to avoid "deep, deep pain"
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, "there is some ability for the economy to absorb our actions and slow in a relatively orderly way."
Inflation, stocks, interest rates fuel economic uncertainty
CBS News senior national correspondent Mark Strassmann reports from Atlanta on the uncertainty surrounding the economy as inflation continues, stocks fall and higher interest rates fuel a housing pullback.
DOW plunges amid fears of a recession
As cars, food and electricity become more expensive, Americans are feeling the pressure of rising inflation. The DOW dropped 486 points, its lowest since late 2020, on Friday. Michael George has the details.
Dow hits bear market territory during trading
The Dow Jones Industrial Average entered bear market territory during intraday trading Friday as investors fear a possible recession. Nancy Davis, founder and chief investment officer at Quadratic Capital Management, reacted to the steep market drop.
Stocks plunge, dragging Wall Street toward another down week
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
Dow drops below 30,000 points
The Dow Jones Industrial Average dropped below 30,000 Friday for the first time since 2020. Javier David, managing editor of business and markets at Axios, joined CBS News to discuss the volatile market.
Central banks raise interest rates
Central banks around the world are risking recession and raising interest rates. They're following the lead of the U.S. Federal Reserve, which approved its third consecutive 75 basis-point hike Wednesday in the hopes of cooling inflation rates. Reuters Federal Reserve correspondent Howard Schneider joined CBS News to discuss the global impact.
Fed rate hike raises recession fears
The Federal Reserve's decision to raise interest rates yet again has renewed recession concerns on Wall Street. Chris Campbell, chief policy strategist at the Kroll Institute, reacted to the Fed's decision and how it will impact Americans.
Mortgage rates at highest level since 2007 after latest Fed hike
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
Housing market slows as mortgage rates rise
The U.S. housing market slowed in August for the seventh consecutive month this year. CBS News speaks with George Ratiu, the manager of economic research at realtor.com, about what's driving the downturn in home sales.
Target plans to hire up to 100,000 workers for holiday season
Walmart and Target plan to begin offering deals earlier this year to ease sting of soaring inflation on shoppers.
Fed hikes key interest rate yet again
The Federal Reserve approved a third consecutive 0.75 percentage point hike to its benchmark interest rate Wednesday in an effort to tackle record inflation. Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joined John Dickerson to discuss the impact of the interest rate hikes on the U.S. economy.
Stock market reacts to Fed interest rate hike
Stocks fell sharply Wednesday when the Federal Reserve announced it was raising interest rates again another 75 basis points. Liz Young, head of investment strategy at SoFi, joined CBS News to discuss what the Fed's announcement means for the future of the U.S. economy.
Federal Reserve raises interest rates again
CBS News correspondent Christina Ruffini and Yahoo Finance reporter and anchor Akiko Fujita discussed the Federal Reserve's latest interest rate increase.
Inflation sends prices soaring at discount stores
Prices for meat, poultry, fish, eggs and dairy products increased at a higher rate at discount stores than many other grocery stores -- a sign that inflation is hitting people who can least afford the price increases the hardest. Carter Evans takes a look.
Central bank expected to hike interest rates
The Federal Reserve is expected to announce interest rate hikes to combat high inflation. John Leer, chief economist at Morning Consult, joins "CBS News Mornings" to explain when and where people will notice the impacts of another rate hike.
Pirro brought box of evidence to show Trump what caused Reflecting Pool damage
U.S. Attorney for D.C. Jeanine Pirro was seen with a large box as she left the White House Monday after her meeting with President Trump.
U.S. has used nearly all its stockpile of long-range missiles in Iran war, sources say
CBS News has previously reported that the U.S. has dwindling stockpiles of defensive interceptors and long-range missiles.
Live
Progress made in Strait of Hormuz talks, Rubio says
The secretary of state said progress has been made in the Iran-Oman talks but that no final agreement has been reached, adding, "We're hoping that will happen very shortly."
What to know about primaries in 5 states today: Michigan, Virginia and more
Voters are going to the polls Tuesday in five states: Michigan, Virginia, Missouri, Kansas and Washington.
FBI not conducting civil rights probe into ICE shooting in Maine, sources say
The deadly encounter between an ICE officer and Johan Sebastián Durán Guerrero on July 13 in Biddeford, Maine, is the latest in a growing string of clashes between civilians and ICE agents.
Chipotle replaces jalapenos linked to Minnesota salmonella outbreak
Restaurant chain said it pulled the peppers and replaced them with product from another grower amid a food-poisoning probe.
Man carrying ammo arrested near Trump National Golf Course before president's visit
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Course in LA County ahead of the president's Southern California visit.
Wayward SpaceX rocket to slam into moon, leave 16-foot deep crater
The impact will not be visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Mike Lindell stepping down as MyPillow CEO to focus on Minnesota governor's race
Mike Lindell is stepping down as CEO of MyPillow to focus on his campaign for governor of Minnesota, the company announced Tuesday.
U.S.
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State Department revokes visa of Brazil's ambassador to the U.S.
A senior State Department official said the visa would be reinstated immediately if Brazil grants diplomatic approval for President Trump's nominee for U.S. ambassador to Brazil, Daniel Perez.
Man carrying ammunition arrested near Trump National Golf Club before president's visit
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
SpaceX shows strong growth in its first earnings report since IPO
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
Chipotle removes jalapenos linked to Minnesota salmonella outbreak
The restaurant chain said it pulled the peppers and replaced them with product from another grower amid a food-poisoning probe.
FBI not conducting civil rights probe into ICE shooting in Maine, sources say
The deadly encounter between an ICE officer and Johan Sebastián Durán Guerrero on July 13 in Biddeford, Maine, is the latest in a growing string of clashes between civilians and ICE agents.
MoneyWatch
More MoneyWatch
SpaceX shows strong growth in its first earnings report since IPO
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
Chipotle removes jalapenos linked to Minnesota salmonella outbreak
The restaurant chain said it pulled the peppers and replaced them with product from another grower amid a food-poisoning probe.
Dow soars 900 points on strong corporate profits, hopes of Iran deal
Stocks notched new record highs on Tuesday as oil prices dipped and companies reported healthy profits.
More adult children live at home now than during the pandemic
One woman in her mid-30s said her $60,000 annual income wasn't enough to cover all her bills after a breakup, leading her to move back home.
"Peanut butter" pay raises are out, as employers shift to merit hikes
Here's what employees can expect for a raise in 2027 as companies move away from broad-based pay increases.
Politics
More Politics
State Department revokes visa of Brazil's ambassador to the U.S.
A senior State Department official said the visa would be reinstated immediately if Brazil grants diplomatic approval for President Trump's nominee for U.S. ambassador to Brazil, Daniel Perez.
Man carrying ammunition arrested near Trump National Golf Club before president's visit
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
U.S. has used nearly all its stockpile of long-range missiles, sources say
CBS News has previously reported that the U.S. has dwindling stockpiles of defensive interceptors and long-range missiles.
Mike Lindell stepping down as MyPillow CEO to focus on Minnesota governor's race
Mike Lindell is stepping down as CEO of MyPillow to focus on his campaign for governor of Minnesota, the company announced Tuesday.
FBI not conducting civil rights probe into ICE shooting in Maine, sources say
The deadly encounter between an ICE officer and Johan Sebastián Durán Guerrero on July 13 in Biddeford, Maine, is the latest in a growing string of clashes between civilians and ICE agents.
HealthWatch
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HealthWatch
Michigan reports 2 cyclosporiasis deaths
Two people have died of cyclosporiasis in Michigan, officials said Monday, as the state battles the worst outbreak of the disease in the country. Carter Evans has the details.
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.
World
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State Department revokes visa of Brazil's ambassador to the U.S.
A senior State Department official said the visa would be reinstated immediately if Brazil grants diplomatic approval for President Trump's nominee for U.S. ambassador to Brazil, Daniel Perez.
U.S. has used nearly all its stockpile of long-range missiles, sources say
CBS News has previously reported that the U.S. has dwindling stockpiles of defensive interceptors and long-range missiles.
Nazi ships, mammoth bones emerge as Danube River dries up
Water levels on the Danube River have dropped so low that dozens of World War II German battleships – and even the remains of an ancient woolly mammoth — are emerging into view.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Gaza holds mass funeral for extended family recovered from wartime rubble
Authorities described this as the Gaza Strip's biggest mass funeral since the war began, mourning dozens of people, including women and children, recently recovered from the rubble.
Entertainment
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Entertainment
Ariana Grande on her plans to take break
One day after announcing she'll step back from the spotlight after her tour ends, Ariana Grande spoke directly to fans at Monday night's show in Chicago. The singer said the decision was her own and "was made from a thoughtful and empowered place."
Jordan Roth talks "The Shards"
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
Hollywood on hot streak at the box office
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
"My Favorite Person" takes over socials
A social media trend encouraging users to share what they love about their favorite person is bringing light to TikTok and other platforms.
Ariana Grande to step out of public eye
A representative for pop star Ariana Grande says the singer is planning to step out of the public eye after wrapping her ongoing Eternal Sunshine Tour amid "endless, ongoing public scrutiny." Grande has also dropped out of the London-based musical "Sunday in the Park with George," which is set to open next year.
Technology
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SpaceX shows strong growth in its first earnings report since IPO
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
Top AI execs may meet with Trump officials
Top executives from leading artificial intelligence companies are set to meet with White House officials, according to media reports. Ian Krietzberg, an AI correspondent for Puck News, has more.
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.
Trump administration finalizes AI framework, official says
The order asks AI companies to share previews of powerful new models with the government before they are released to the public.
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.
Science
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Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
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.
Crime
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Crime
Police actions in Guthrie case under scrutiny
The Wall Street Journal's Valerie Bauerlein joins CBS News to discuss her reporting on crucial missteps made by authorities in the days following the disappearance of Nancy Guthrie, mother of "Today" show host Savannah Guthrie.
Officials give update on Spokane fire arrest
A man is under arrest for allegedly setting one of three major wildfires in the Spokane, Washington, area. Meanwhile, thousands have been evacuated from the area as fires rage. KREM reporter Regan Gallo has more.
Testimony continues in Lindsay Clancy trial
Law enforcement officials and medical personnel continued testimony on Day 6 of Lindsay Clancy's murder trial. CBS News' Shanelle Kaul has the latest.
Washington wildfires devastate Spokane
Officials arrested a man on suspicion of arson as the Spokane, Washington, area battles multiple fires. Fire crews are working around the clock to contain the massive blazes. CBS News' Kris Van Cleave reports.
Arson arrest amid Washington fires
Police arrested a man in connection with one of three devastating wildfires charring homes, businesses and nature in Washington State. CBS News' Bradley Blackburn has more.
Space
More Space
Wayward SpaceX rocket to slam into moon, leave 16-foot-deep crater
The impact will not be visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
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
Rep. Max Miller says he's not stepping aside
The House Ethics Committee says it is investigating the domestic abuse allegations against Republican Rep. Max Miller. CBS News' Caitlin Huey-Burns reports.
Latest on talks over Strait of Hormuz
Secretary of State Marco Rubio says there's been progress in talks between Iran and Oman on opening the Strait of Hormuz. CBS News' Nancy Cordes reports.
Breaking down primary day for 5 states
It's primary day for five states, including Michigan, where Democrats are casting their ballots in a Senate race pitting Rep. Haley Stevens against Abdul El-Sayed. CBS News' Aaron Navarro and Anthony Salvanto report.
Miller says he won't resign amid abuse claims
Republican Rep. Max Miller of Ohio says he won't resign despite domestic abuse allegations, which he denies. In a CNN appearance on Tuesday, Miller compared his situation to past allegations against President Trump when he first ran for office in 2016. Political strategists Adam Brandon and Tricia McLaughlin join with analysis.
What to know about cyclosporiasis' lethality
Michigan health officials say cases of the intestinal infection cyclosporiasis are still climbing. CBS News medical correspondent Dr. Céline Gounder joins "The Takeout" with the latest on the parasitic outbreak.