5/31: Red and Blue
Congress discussing bipartisan gun control bills; Biden looks to curb inflation
Inflation
Optimism among small business owners at historic low amid inflation surge
Nationally, 85% of small businesses experienced financial challenges in the last year, according to the Small Business Credit Survey.
Yellen admits she was "wrong" about inflation in 2021
"I think I was wrong then about the path that inflation would take," Treasury Secretary Janet Yellen told CNN.
White House adviser talks fighting inflation
The U.S. is struggling with some of its highest levels of inflation in four decades. Heather Boushey, who is on the White House’s Council of Economic Advisers, joins CBS News to discuss the Biden Administration’s plans to address its new top economic priority, inflation.
MoneyWatch: Stocks down to close out May
The major stock indexes ended Tuesday with losses after ping-ponging throughout the day. Geetu Sharma, the founder and investment manager of AlphasFuture LLC, joins CBS News during the closing bell on Wall Street to discuss what was driving the market and what to expect in June.
Stocks slip after EU agrees to partial ban on Russian oil
Investors retreat as global crude prices jump on European Union plan to embargo most Russian oil exports.
MoneyWatch: Biden meeting with Fed chair
Americans have been facing rapidly increasing prices at the gas station and grocery store and in the housing market. President Biden is expected to address this during a meeting with Federal Reserve Chairman Jerome Powell on Tuesday. Frances Stacy, director of strategy at Optimal Capital, joined "CBS News Mornings" to discuss what's contributing to high inflation.
Holiday weekend travel up despite gas prices
Despite record-high gas prices increasing the cost of travel, millions of Americans are hitting the road and taking to the skies for Memorial Day weekend. Tom Wait has more.
Severe weather, gas prices impacting holiday travel
Nearly 40 million Americans will travel over Memorial Day weekend, AAA estimates. While inflation and gas prices aren't keeping them home, severe weather could delay travel plans. Errol Barnett has more.
Wall Street breaks 7-week losing streak — longest since 2001
Investors cheered by economic data showing that inflation slowed in April for the first time since November 2020.
Retailers use price-gouging to score record profits, watchdog charges
The top 10 retailers have raked in $99 billion of profit last year, according to one corporate accountability group.
Key inflation gauge eases for the first time since 2020
Although U.S. inflation remains painfully high, two closely watched barometers suggest prices are moderating.
Newly built home sales fall to pre-pandemic lows
Sales of newly built homes have plummeted to pre-pandemic levels as inflation and mortgage rates rise. Danielle Hale, chief economist for Realtor.com, joined CBS News' Jim Axelrod to discuss what this means for the market.
Rancher describes financial struggles amid inflation
The price of meat, poultry and fish has increased 14% in a year. Ranchers across the U.S. are feeling the pinch as the cost of doing business increases. Dennis Sun, publisher of Wyoming Livestock Roundup and a fourth generation rancher, joins CBS News' Tony Dokoupil and Tanya Rivero to discuss.
U.S. economy shrank at 1.5% rate in the first quarter
Even though consumers and businesses kept spending, a trade imbalance pushed down the economy between January and March.
School lunches scaled back by higher costs and supply chain issues
Supply chain issues and the spiraling cost of key ingredients has forced school districts to pull back or make substitutions.
Impact of rising food costs on school lunches
Nationwide, school lunch programs are grappling with the rising food prices and ingredient shortages due to supply chain disruptions. CBS News correspondent Scott MacFarlane spoke to school lunch administrators who are struggling to put together the weekly lunch menus.
Americans increasingly concerned with economy
New CBS News polling shows Americans are increasingly concerned with economic issues ahead of the 2022 midterm elections. Meanwhile, critical primary races in Georgia on Tuesday are poised to test former President Trump's influence in the Republican Party.
Brutal week on the stock market
Americans are paying record high prices at the pumps, as inflation fears wreak havoc on the stock market. Errol Barnett reports from Washington, then Lana Zak speaks with Baker Boyer Bank's Chief Financial Officer John Cunnison about how this will impact the average American.
Scott says GOP will focus on inflation in midterms
GOP Sen. Rick Scott of Florida says the midterm elections are "going to be about the effectiveness of the Biden administration, and I think it bodes well for Republicans."
What's fueling high gas prices
Inflation, the war in Ukraine, supply chain issues coupled with rising demand are all factors in the steep gas prices the country is seeing, but there's more to it. Michael George has the latest.
Biden takes multi-day trip to Asia
President Biden is on his first overseas trip to Asia since taking office, spending time in both South Korea and Japan. CBS News chief White House correspondent Nancy Cordes reporters. Then CBS News political analyst Leslie Sanchez and CBS News political contributor Joel Payne join CBS News' Lana Zak to discuss the president's travels and more.
Stocks plunge as major retailers show poor results
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
Gas prices hit records as inflation fears intensify
As the price of gas and groceries rise with inflation, plenty of Americans are feeling the financial pressure of an economy potentially heading toward a recession. Errol Barnett takes a look.
Stocks plunge as economic fears intensify
The stock market plunge and inflation present two challenges for President Biden and Democrats, who are hoping to retain control in the upcoming midterm elections. Ed O'Keefe has more details.
White House declassifies info on secret FBI probe into Trump's firing of Comey
The White House has declassified information claiming the FBI probed whether President Trump acted as a Russian asset when he fired James Comey, a theory an administration official said wasn't backed up by evidence.
Progressive Abdul El-Sayed projected to win Michigan Democratic Senate primary
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
Live
Trump says Strait of Hormuz deal could happen as soon as today
President Trump told reporters Tuesday evening that an announcement on the Strait of Hormuz could happen today or tomorrow, following talks between Iran and Oman.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed has a narrow led in the state's Democratic Senate primary against Rep. Haley Stevens.
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.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
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.
Perez Hilton hospitalized after livestreaming acts of self-harm, officials say
In the livestream, which has since been taken down, Hilton appears to be bloodied and in a distressed mental state.
Norah O'Donnell: 7 things I learned from trainer Kira Stokes
Kira Stokes, who has been in the fitness industry for three decades, taught me to treat movement as medicine for both your body and mind.
U.S.
More U.S.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed is now projected to win Michigan's Democratic Senate primary against Rep. Haley Stevens.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
Perez Hilton hospitalized after livestreaming acts of self-harm, officials say
In the livestream, which has since been taken down, Hilton appears to be bloodied and in a distressed mental state.
MoneyWatch
More MoneyWatch
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
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.
Politics
More Politics
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Progressive Abdul El-Sayed projected to win Michigan Democratic Senate primary
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed is now projected to win Michigan's Democratic Senate primary against Rep. Haley Stevens.
Rep. Chuck Edwards drops reelection bid after sexual harassment allegations
The House Ethics Committee said there is "substantial reason to believe" Rep. Chuck Edwards violated House rules related to sexual harassment and hostile workplaces. Edwards denied any wrongdoing.
HealthWatch
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Norah O'Donnell: 7 things I learned from trainer Kira Stokes
Kira Stokes, who has been in the fitness industry for three decades, taught me to treat movement as medicine for both your body and mind.
Exercise: Your Insurance Policy for the Future
In this episode of Healthful, Norah O'Donnell is joined by her personal trainer and fitness expert, Kira Stokes. Since they started exercising together 12 years ago, Kira pushed Norah to lift heavier weights - something Norah initially resisted. Norah has since learned that you lose up to 8-percent of your muscle mass every decade after the age of 30. The two discuss the emotional connection between movement and mental health, how to get started exercising, and what about those weighted vests! Plus - Norah answers what her favorite and least favorite exercises are. We'd love to hear what topics you want to hear covered on Healthful. Text Norah at 202-217-1107.
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.
World
More World
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Baby "cocaine hippo" linked to infamous drug lord is rescued in Colombia
Colombia has around 200 so-called "cocaine hippos" living in the wild, all of which descended from a colony brought to South America by slain cocaine kingpin Pablo Escobar.
Record-low Danube River levels threaten shutdown of Hungary's nuclear plant
Three of four units of Hungary's Paks nuclear power plant were not in operation and the fourth was operating at about 50%, as of Wednesday morning.
Russian drone factory director seriously injured in car explosion
Vladimir Tkachuk has been pictured showcasing his drones to President Vladimir Putin.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Entertainment
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Entertainment
Aaron Pierre talks new series, "Lanterns"
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
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.
Technology
More Technology
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
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.
Myspace plans relaunch
Y2K nostalgia is in full swing -- and soon, 2000s social media site Myspace may be making a full comeback to the World Wide Web. TechRadar editor-at-large Lance Ulanoff shares his reaction.
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.
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
More Crime
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Russian drone factory director seriously injured in car explosion
Vladimir Tkachuk has been pictured showcasing his drones to President Vladimir Putin.
What is postpartum psychosis?
Massachusetts mom Lindsay Clancy is on trial for murder after she allegedly killed her three children. Her lawyers say that she was overmedicated during her mental health crisis, which sparked postpartum psychosis. Dr. Veerle Bergink, director of Mount Sinai Women's Mental Health Center, explains more about postpartum mental health.
Lindsay Clancy speaks in court at her trial
In court on Tuesday, Lindsay Clancy spoke for the first time as she agreed to a "stipulation of facts" that would fast-track her trial. Her lawyers claim she was mentally ill and not responsible for her actions when she killed her three young children. Shanelle Kaul reports.
Popular influencer shot dead during livestream outside restaurant
Cesar Gastelum, who had more than 600,000 followers on TikTok, was broadcasting with two friends when he was killed.
Space
More Space
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't 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
Danube River hits all-time low
The Danube River is at record-low levels throughout Europe, revealing some lost historical items. Meanwhile, Hungary's only nuclear power plant is on the brink of shutdown. CBS News' Ramy Inocencio has more.
Russian drone chases Ukrainian man in video
Russia struck Ukraine with a series of missiles overnight, killing at least 17 people, according to officials. Also, shocking video appears to show a Russian drone chasing a Ukrainian vegetable vendor before exploding and wounding him. CBS News' Aidan Stretch reports.
White House declassifies secret FBI probe
The White House released declassified information on the FBI's investigation into President Trump's firing of former FBI Director James Comey, and whether Russia had any involvement in his decision. CBS News' Natalie Brand has more details.
U.S. blood supply running low
The American Red Cross is warning of a blood crisis as the national blood supply dips to a concerning four-year low. Dr. Courtney Lawrence, American Red Cross' divisional chief medical officer, explains more.
Russia hits Ukraine with barrage of missiles
At least 17 people were killed after Russia hit Ukraine with a barrage of missiles, Ukrainian authorities said. CBS News' Aidan Stretch reports.