7/20: CBS News Mornings
Dangerous heat wave hits U.S. and Europe; Package sizes for products get smaller as companies react to inflation
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Dangerous heat wave hits U.S. and Europe; Package sizes for products get smaller as companies react to inflation
The U.S. dollar continues to retreat after reaching the equivalence of the euro for the first time in two decades last week. Joe Rennison, markets reporter for The New York Times, joins "CBS News Mornings" to discuss what this means for the global economy.
Packaging of daily household goods shrink, as shoppers pay the same for less. Carter Evans reports.
Inflation is walloping middle-income households, with many saying they are taking on more credit card debt to stay afloat.
President Joe Biden weighs whether to make a climate emergency declaration; Emmett Till's home to receive landmark funds.
CBS News' Tanya Rivero and Elaine Quijano sit down with Evan Halper, a business reporter for "The Washington Post," to discuss fluctuating gas prices. While gas prices have recently fallen, Halper talks about his new reporting about expectations that costs will spike again and others' reactions to the Biden administration's efforts to combat high energy costs.
Biden holds controversial meeting with Saudi crown prince; "CBS Evening News" viewers help raise $45,000 for family struggling to afford gas
Economists were spot on that our post-pandemic recovery will not follow the normal rules. However, we now find ourselves watching inflation skyrocket as fuel prices fall. Derek Thompson, staff writer at the Atlantic, joins CBS News to discuss his latest piece, titled "The Everything-Is-Weird Economy."
Fears of a global economic downturn are growing as nations around the world react to inflation concerns. Peter Goodman, global economics correspondent for the New York Times, joins CBS News to discuss why he believes the COVID-19 pandemic remains the root cause of our current economic situation.
Inflation hits highest rate in 40 years; Rise in Los Angeles COVID cases
David Solomon warns that Americans face more uncertainty as soaring prices dent confidence and weigh on stocks.
In Italy more people are heading to food banks, while Germans are turning down the AC to prep for energy rationing.
Missed the second half of the show? The latest on energy from Biden's coordinator, Amos Hochstein who says Gulf states have "more room" to boost oil supply; Jason Furman says Democrats' tax plan would "unambiguously bring inflation down"; Mayor Muriel Bowser's federal plan to stop migrants from being tricked onto buses
Jason Furman, a former chairman of the Council of Economic Advisers in the Obama White House, says a Democratic proposal to increase taxes on the wealthy would "unambiguously bring inflation down."
This week on “Face the Nation with Margaret Brennan,” with inflation now hitting over 9%, we have a string of guests to talk about the state of the American economy as experts fear a recession is coming. Plus, more on the subpoena to the U.S. Secret Service sent by the House select committee investigating the Jan. 6 attack on the U.S. Capitol with member Rep. Adam Kinzinger.
While surging gas prices and record-high inflation affects most Americans, one group is hit especially hard: Families that have to travel long distances for necessary medical treatment. Adriana Diaz meets with affected families to discuss their realities and the sacrifices made to receive care.
"CBS Evening News" viewers helped raised more than $45,000 for a family who was struggling to pay for gas to get their daughter who has cancer to her medical appointments. The family won't have to rely on high-interest payday loans to buy gas thanks to the donations.
The U.S. stock market ended the week strong despite fears brought on by the latest spiking inflation numbers. John Leer, chief economist for Morning Consult, joined CBS News to discuss what's driving U.S. stocks and what to expect at the upcoming Federal Reserve meeting.
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
Inflation is pushing many Americans past their financial limits. Adriana Diaz met one family that's taking out high-interest loans to pay for gas to get their daughter to her cancer treatments.
Washington Post economics correspondent Rachel Siegel joined CBS News' Tanya Rivero and Elaine Quijano to discuss the latest market updates.
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
Inflation hit a fresh 40-year record in June, with consumer prices increasing 9.1% . It's the fastest increase in prices since November 1981, and above what economists had expected. Nancy Chen reports.
U.S. inflation hits 41-year high; Statue of civil rights leader replaces Confederate statue at U.S. Capitol
Consumers are getting less for their money as products get smaller and prices stay the same. Carter Evans has more on "shrinkflation."
Iran says it's offered a new proposal for talks with the U.S. to end the war, as the Strait of Hormuz standoff sends costs soaring around the world.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
Former FBI Director James Comey was charged with two counts arising out a now-deleted image he shared on Instagram that showed seashells arranged to read "86 47."
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
Federal telecom regulators can revoke broadcast licenses, but legal experts say the FCC would face a tough road in forcing ABC to go dark.
Jose Yugar-Cruz was granted a court order preventing his deportation to his home country, but the Trump administration is set to send him to the Congo.
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights if the budget airline ceases operations this weekend.
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
Former Sen. Ben Sasse, 54, called daraxonrasib "a miracle drug" that was allowing him to live longer and with less pain.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights if the budget airline ceases operations this weekend.
The first refund payments will go out later this month as the portal works through kinks to return money to businesses.
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
President Trump said the European Union "is not complying with our fully agreed to trade deal."
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Former FBI Director James Comey was charged with two counts arising out a now-deleted image he shared on Instagram that showed seashells arranged to read "86 47."
Former Sen. Ben Sasse, 54, called daraxonrasib "a miracle drug" that was allowing him to live longer and with less pain.
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
Hundreds of foreign doctors about to complete training in the U.S. will have to leave the country if the federal government doesn't rapidly process their visa waiver applications, immigration attorneys say.
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Journalist Paige McClanahan writes about how tourism shapes societies and individuals, and about the need to redefine the meaning of "tourist" in today's shrinking world.
James Holder, 54, was found guilty by a jury in Gloucester Crown Court of one count of rape for the May 2022 assault.
Iran said it had offered a new proposal to the U.S. to end the war, as the Strait of Hormuz standoff sends costs soaring around the world.
Gold House revealed its 2026 Gold100 list honoring Asian Pacific culture. Co-founder and CEO Bing Chen joins CBS News with more.
The bestselling author and editor of The Golfer's Journal teed up for a challenge – taking over operations of a failing nine-hole community golf course in New York's Catskill Mountains – and writes of the tribulations that were par for the course.
The pop star sat down with Gayle King for an exclusive interview airing Monday on "CBS Mornings."
Lizzo sits down with "CBS Mornings" co-host Gayle King to discuss what the public misunderstands about her.
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
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.
Elon Musk was cross-examined in his lawsuit against OpenAI on Thursday. In testimony on Wednesday, he said he was "a fool" for funding OpenAI. He is accusing OpenAI and its CEO, Sam Altman, of betraying him and the public by abandoning its core mission as it transitioned from a nonprofit to a for-profit company. WIRED senior writer Maxwell Zeff joins CBS News to discuss.
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
Officials identified human remains that kayakers found in Tampa Bay as those of a second missing University of South Florida student. CBS News correspondent Cristian Benavides reports.
Parker, who admitted lying to investigators and sheltering her son after he sent gunmen to kill his ex-girlfriend, is the last of five people sentenced in the November 2022 Brooklyn Park murder.
Nahida Bristy and Zamil Limon were last seen in the Tampa area on April 16. Limon's roommate has been charged with their murders.
New security video is providing more details on the moments before a shooting at the White House Correspondents' Dinner. CBS News' Anna Schecter has more.
James Holder, 54, was found guilty by a jury in Gloucester Crown Court of one count of rape for the May 2022 assault.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump told Congress in a letter on Friday that "hostilities" with Iran have "terminated." Friday marks the 60-day deadline for the president to carry out military actions without congressional approval. CBS News national security analyst Aaron MacLean joins to discuss.
CBS News has learned Spirit Airlines could go out of business as soon as Saturday after bailout talks with the Trump White House stalled. CBS News senior transportation correspondent Kris Van Cleave has the details. Then, Politico aviation reporter Oriana Pawlyk joins to assess the potential economic fallout.
Colombia is home to about 2,000 bird species, more than anywhere else on Earth. Decades of conflict kept people out of many areas, preserving the birds' habitat. Now birders are flocking in. Anderson Cooper reports, Sunday.
Artemis II astronauts Reid Wiseman, Victor Glover, Christina Koch and Jeremy Hansen shared details about their historic trip around the moon, including funny moments, during a CBS News town hall. The astronauts were also joined by "Apollo 13" director Ron Howard. Here are a few highlights.
The late convicted sex offender Jeffrey Epstein may have left a suicide note that has been kept sealed for years, The New York Times reports. According to the NYT, Epstein's cellmate discovered the note after Epstein was first reported to have attempted suicide. CBS News crime and public safety senior coordinating producer Anna Schecter breaks down what to know.