MoneyWatch: Has economy recovered from COVID?
The COVID-19 pandemic is entering its third year. J.W. Mason, an associate professor of economics at John Jay College in New York, joined CBS News to discuss the state of the U.S. economy.
Inflation
Market drops after Friday inflation report
Stocks fell Monday as markets continue to respond to Friday's inflation report. Tim Pagliara, a wealth adviser and the chief investment officer at CapWealth, talked to CBS News about what these losses could mean for the future of the U.S. economy.
May jobs report better than expected
The May jobs report came in better than expected. The U.S. added 390,000 jobs during the month, and the unemployment rate remained at 3.6%. But inflation is causing a change in trends of how consumers are spending their money. Kevin Gordon, senior investment research manager at Charles Schwab, joins CBS News to break down the jobs report and what it signals about the state of the economy.
Stock market ends the week with gains
The stock market closed out the week with gains as it responded to the Federal Reserve's interest rate hike. Melissa Armo, founder and owner of The Stock Swoosh, joins CBS News at the closing bell to break down what's driving the market.
Amid recession fears, June jobs report positive
The U.S. added 372,000 jobs in June, and with the unemployment rate remaining steady at 3.6%, Rick Newman, senior columnist at Yahoo Finance, told CBS News that could be a positive sign the U.S. is not heading for a recession.
High gas prices take toll on other spending
National average gas prices reached a new record high on Memorial Day at over $4.61 per gallon. In order to budget for higher prices at the pump, many Americans are cutting back on other spending. Bank of America Institute's senior economist David Tinsley explains the relationship between gas prices and consumer spending and which groups are making the biggest cutbacks.
MoneyWatch: Jobless claims, retail sales data
A new report released by the U.S. Labor Department shows initial jobless claims rose for the week ending April 9. A separate report from the Commerce Department reveals that retail sales increased in March despite inflation. CBS News' Tanya Rivero discusses this and more with Lori Bettinger, the president of BancAlliance.
How rising interest rates will affect Americans
American jobless claims fell by to 214,000 as the Federal Reserve raises interest rates. Ted Rossman from Bankrate.com joins CBS News to discuss these economic shifts.
MoneyWatch: Inflation hits 40-year high
Gas prices are soaring to record highs as inflation hits its highest level in 40 years. The Consumer Price Index jumped 0.8% in February, marking a 7.9% increase over the past year. CBS News transportation correspondent Errol Barnett has more on the rising gas prices, and then Lori Bettinger, the president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joins CBS News to discuss the impact on American families.
Uncertainty over Russia driving stocks
Uncertainty over the Russia-Ukraine conflict has been the main driver for major stock indexes, which all saw loses Thursday. Lori Bettinger, president of BancAlliance, joins CBS News at the closing bell of the New York Stock Exchange to discuss the economic ramifications.
Federal Reserve raises interest rates
The Federal Reserve Board announced plans to raise interest rates a quarter-point in the first hike since 2018. New York Times Dealbook editor Stephen Gandel and Kroll Institute global chief economist Megan Greene join CBS News' Lana Zak and Enrique Acevedo with their insights on the breaking news.
Biden speaks on inflation and economy
President Biden spoke Thursday with The Associated Press about inflation and the state of the U.S. economy, and held a meeting with Speaker of the House Nancy Pelosi and Senate Majority Leader Chuck Schumer on economic issues. CBS News senior White House and political correspondent Ed O'Keefe joins "Red and Blue" to discuss this and more.
Inflation hits 9.1%, highest rate in 40 years
The inflation rate hit a 40-year record in June, with the consumer price index increasing by 9.1% over the last 12 months, according to the U.S. Department of Labor. Jeff Mason, a White House correspondent for Reuters, and Colby Smith, a U.S. economics editor for the Financial Times, join "Red and Blue" to discuss the June inflation report.
White House adviser discusses Biden's inflation response
President Joe Biden called the inflation rate "unacceptably high" after it reached its highest rate in four decades in June. Jared Bernstein, a member of the White House Council of Economic Advisers, joined "Red and Blue" to discuss the Biden administration's response to inflation.
Inflation rises as U.S. economy rebounds
Inflation is rising as the U.S. economy rebounds from the pandemic downturn. CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" anchor Elaine Quijano with more on the factors driving prices higher and why small business owners fear they could miss out on President Biden's plan to increase federal contracts.
Experts struggle to predict job gains
The pandemic has made it even more difficult for experts to predict job growth. Josh Mitchell, a staff reporter with the Wall Street Journal, joins Elaine Quijano on CBSN's "Red & Blue" to explain why.
Here's which U.S. official might visit Kyiv
The Biden administration is considering sending a top official to Kyiv to meet with Ukrainian President Volodymyr Zelenskyy. CBS News chief White House correspondent Nancy Cordes and CBS News political reporter Caitlin Huey-Burns join "Red and Blue" to discuss who they might send, and why the administration continues to blame inflation on Russia's invasion of Ukraine.
Democrats near deal on spending, climate
President Biden and congressional Democrats say they are close to a deal on their massive plan to fund social programs. Plus, lawmakers could vote to pass their bipartisan infrastructure bill this week. CBS News congressional correspondent Nikole Killion, Politico national political correspondent Meridith McGraw and Washington Post national political reporter Eugene Scott join CBSN's "Red & Blue" anchor Elaine Quijano with the latest.
Americans most concerned about economy
A recent CBS News poll shows that most Americans feel the economy should be the government's top priority. CBS News political reporter Caitlin Huey-Burns and Washington Post White House reporter Tyler Pager join "Red and Blue" to discuss that and other top political stories of the day.
White House touts economic wins as inflation persists
The Biden administration is focused on improved unemployment numbers as Americans still feel the impacts of inflation. Plus, the U.S. Court of Appeals ruled against former President Trump, who is trying to block the House January 6 committee from accessing White House documents. CBS News senior Washington correspondent Major Garrett, Wall Street Journal Capitol Hill reporter Siobhan Hughes and Politico congressional reporter Nicholas Wu join CBSN's "Red & Blue" anchor Elaine Quijano with the details.
Cities await funds to start infrastructure projects
Cities across the U.S. are hoping to receive grants from the federal government's $1 trillion infrastructure bill. Mitch Landrieu, a White House senior adviser and infrastructure implementation coordinator, joins "Red and Blue" anchor Nikole Killion with the latest.
Biden administration tackles skyrocketing gas prices
In a letter to seven oil companies, President Biden asked for more gas to address high gas prices. The senior vice president of policy, economics and regulatory affairs at the American Petroleum Institute, Frank Macchiarola, joins "Red and Blue" to discuss the Biden administration's approach to gas prices.
Americans feel impact of inflation
The U.S. Labor Department reports that the cost of consumer goods has increased 6.2% compared a year ago. CBS News reporter Sarah Ewall-Wice joins CBSN "Red and Blue" anchor Elaine Quijano to break it down.
White House options to address gun violence
What possible actions are on the table for President Biden to address gun violence? CBS News chief White House correspondent Nancy Cordes joins "Red & Blue" to discuss this, plus rising inflation and record-high gas prices.
Social Security benefits to increase in 2022
The government will increase Social Security benefits by 5.9% in 2022 as Americans contend with higher consumer prices. The Conference Board's chief economist Dana Peterson joins CBSN's "Red & Blue" anchor Elaine Quijano with the details, including how long U.S. labor shortages could last.
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.
El-Sayed and Stevens in tight Michigan Democratic Senate primary contest
Tuesday's Michigan Democratic Senate primary race remains unsettled, with progressive Abdul El-Sayed holding onto a narrow lead over moderate Haley Stevens with votes still being counted.
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."
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.
Rick Brattin wins Republican primary for Missouri seat redrawn to favor GOP
Trump-endorsed Rick Brattin won the GOP primary for Missouri's 5th Congressional District, CBS News projects, setting up a battle against an 11-term Democrat in a district that was made far more GOP-leaning.
Wesley Bell beats Cori Bush in Missouri Democratic House primary rematch
Rep. Wesley Bell on Tuesday beat former congresswoman Cori Bush in a heated primary in Missouri's 1st Congressional District, CBS News projects.
SpaceX rocket on 5,400-mph collision course with the moon
The impact wasn't to be visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Virginia's 2nd District to see rematch between Kiggans, Luria
Democrat Elaine Luria, who previously served four years in Congress, lost to Republican Rep. Jennifer Kiggans in 2022.
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.
U.S.
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Rick Brattin wins Republican primary for Missouri seat redrawn to favor GOP
Trump-endorsed Rick Brattin won the GOP primary for Missouri's 5th Congressional District, CBS News projects, setting up a battle against an 11-term Democrat in a district that was made far more GOP-leaning.
Ollivant projected to win GOP primary in battleground Virginia district
Republican Douglas Ollivant will run against Democratic Rep. Eugene Vindman in November.
Idaho In-N-Out shooting victims remembered by loved ones: "She lit up a room"
Three people were killed and seven others were wounded in the Saturday attack in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, officials said.
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.
MoneyWatch
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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.
Chipotle removes jalapeños 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
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El-Sayed and Stevens in tight Michigan Democratic Senate primary contest
Tuesday's Michigan Democratic Senate primary race remains unsettled, with progressive Abdul El-Sayed holding onto a narrow lead over moderate Haley Stevens with votes still being counted.
Democratic Rep. Gluesenkamp Perez and Trump-backed Republican advance in Washington primary
Democratic Rep. Marie Gluesenkamp Perez and Republican state Sen. John Braun will advance to a general election in Washington's 3rd District, one of the most hotly contested House contests of this year, CBS News projects.
Rick Brattin wins Republican primary for Missouri seat redrawn to favor GOP
Trump-endorsed Rick Brattin won the GOP primary for Missouri's 5th Congressional District, CBS News projects, setting up a battle against an 11-term Democrat in a district that was made far more GOP-leaning.
Wesley Bell beats Cori Bush in Missouri Democratic House primary rematch
Rep. Wesley Bell on Tuesday beat former congresswoman Cori Bush in a heated primary in Missouri's 1st Congressional District, CBS News projects.
Shannon Taylor wins Democratic primary in Virginia's 1st District
Virginia Democrats are refocusing on a handful of GOP-held seats in Virginia after the state Supreme Court struck down a redrawn congressional map that favored Democrats in all but one district.
HealthWatch
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HealthWatch
Chipotle suspected in salmonella outbreak
At least 110 people have fallen ill from salmonella in Minnesota, the vast majority of whom reported having eaten at the Mexican chain Chipotle. Tom Hanson has the story.
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.
World
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Video shows drone attacking vegetable vendor in Ukraine
Ukraine President Volodymyr Zelenskyy says the footage shows how Russian soldiers "take pleasure in killing" civilians.
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.
Entertainment
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Entertainment
Stranger rescues band from car troubles
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
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.
Technology
More Technology
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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Science
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
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.
Crime
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Crime
Lindsay Clancy speaks in court for first time
Lindsay Clancy, the woman accused of first-degree murder in the deaths of her three children, spoke in court Tuesday. CBS News' Shanelle Kaul reports.
Lindsay Clancy testifies in court
Lindsay Clancy, the woman accused of killing her three young children in what her defense says was an episode of postpartum psychosis, testified in court for the first time on Tuesday as her trial progresses. Shanelle Kaul has more.
Idaho In-N-Out shooting victims remembered by loved ones: "She lit up a room"
Three people were killed and seven others were wounded in the Saturday attack in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, officials said.
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.
Space
More Space
SpaceX rocket on a 5,400-mph collision course with the moon
The impact wasn't to 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
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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.
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
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Latest CBS News Videos
Michigan's Democratic Senate race closes out
Michigan, Missouri, Virginia, Kansas and Washington all held primaries Tuesday night, with much of the nation focusing on the Michigan Democratic Senate primary between Abdul El-Sayed and Rep. Haley Stevens. Major Garrett anchored CBS News' special report.
Dingell on Michigan Democratic Senate primary
Polls have closed in Michigan, where the heated Democratic Senate contest between Abdul El-Sayed and Haley Stevens is coming to a head. Democratic Rep. Debbie Dingell of Michigan joins CBS News to weigh in.
Stranger rescues band from car troubles
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
DHS: Man dies in ICE custody in New Jersey
The Department of Homeland Security has confirmed the death of a detainee at a controversial immigration center in New Jersey. CBS News' Camilo Montoya-Galvez reports.