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U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.
New York City lawmakers allege that four major prediction markets engage in deceptive marketing practices and target young adults.
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
New York State is suing Kalshi, the online betting portal, for allegedly operating an illegal gambling business. Kalshi says that it is a federally regulated exchange and is not subject to state laws. CBS News legal reporter Katrina Kaufman has more.
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
The site claims its hub will provide accurate insights into election outcomes based on traders' bets.
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
It's rare for the Trump administration to admit a mistake, but Vice President JD Vance did just that on Joe Rogan's podcast, saying they mishandled the release of files related to convicted sex offender Jeffrey Epstein. Political strategists Joe Borelli and Cameron French join with analysis.
President Trump will allege Chinese meddling in U.S. elections during his primetime speech on Thursday night, sources say. CBS News White House reporter Olivia Rinaldi has the latest.
A White House teleprompter operator allegedly made nearly $100,000 betting on President Trump's speeches on the prediction market Kalshi, CBS News has confirmed. CBS News' Zak Hudak reports.
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
The impending wedding of Taylor Swift and Travis Kelce has already generated more than $4.5 million in wagers, according to Kalshi.
A Wall Street Journal investigation found that the prediction market paid content creators to produce videos of fake trades purporting to show big financial gains.
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
Prediction market platform Kalshi announced that three politicians were suspended after reportedly betting on their own races. CBS News' Kelly O'Grady reports.
Prediction market site Kalshi has fined and suspended three political candidates from its site for "political insider trading." CBS News senior business and tech correspondent Jo Ling Kent has more details.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
Market watchers are concerned about potential insider trading due to an unusual surge in oil futures trading on Monday morning, just minutes before President Trump announced he would postpone power plant strikes in Iran. CBS News business analyst Jill Schlesinger joins with more.
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
David Crowley unexpectedly beat a progressive candidate in the Democratic primary for Wisconsin governor, and will face Republican Rep. Tom Tiffany on the ballot in November.
Surrogate McKenna West declined to get an abortion requested by the intended parents after the fetus she is carrying was diagnosed with a severe but treatable heart defect.
The pharmaceutical company is filing lawsuits against six outlets selling versions of its promising but unapproved weight-loss drug, retatrutide.
Secretary of State Marco Rubio and Treasury Secretary Scott Bessent were on the decoy flight last month when President Trump secretly switched to a different plane while Defense Secretary Pete Hegseth was with Mr. Trump.
Hospitals and other medical providers are increasingly asking for payment before providing care, collecting more of what patients might owe.
The deal comes less than 1 year after Mark Walter purchased a majority stake from the Buss family for about $10 billion.
A Secret Service analyst told CBS News a single skimming device can net a scammer up to $1 million.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
Surrogate McKenna West declined to get an abortion requested by the intended parents after the fetus she is carrying was diagnosed with a severe but treatable heart defect.
The Justice Department unveiled criminal charges alleging 11 people participated in a scheme that involved more than 1,000 "sham marriages" between Chinese nationals and U.S. citizens.
New Census data shows how much faster workers can complete tasks when they enlist artificial intelligence for help.
Social Security's cost-of-living adjustment for 2027 is projected to be lower than previously forecast, according to new estimates.
The upcoming Iowa State Fair is a pivotal window of opportunity for candidates on the campaign trail.
New Census data shows how much faster workers can complete tasks when they enlist artificial intelligence for help.
Social Security's cost-of-living adjustment for 2027 is projected to be lower than previously forecast, according to new estimates.
New York City lawmakers allege that four major prediction markets engage in deceptive marketing practices and target young adults.
The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
The pharmaceutical company is filing lawsuits against six outlets selling versions of its promising but unapproved weight-loss drug, retatrutide.
The Justice Department unveiled criminal charges alleging 11 people participated in a scheme that involved more than 1,000 "sham marriages" between Chinese nationals and U.S. citizens.
The upcoming Iowa State Fair is a pivotal window of opportunity for candidates on the campaign trail.
Secretary of State Marco Rubio and Treasury Secretary Scott Bessent were on the decoy flight last month when President Trump secretly switched to a different plane while Defense Secretary Pete Hegseth was with Mr. Trump.
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
David Crowley unexpectedly beat a progressive candidate in the Democratic primary for Wisconsin governor, and will face Republican Rep. Tom Tiffany on the ballot in November.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
Hospitals and other medical providers are increasingly asking for payment before providing care, collecting more of what patients might owe.
Republican senators this week released 11 new text messages from Dr. Anthony Fauci's government phone in 2021 as part of the investigations into his handling of the COVID pandemic. In the texts, he discussed the potential risks and benefits of the vaccine for pregnant women. Dr. Serena Chen, an OB-GYN and the director of advocacy at CCRM Fertility of New Jersey, has more.
Medicaid said it won't pay for gender-affirming surgeries or hormones for transgender minors.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
One Indonesian teenager was killed when the vessel caught fire in rough seas.
"In exchange for the weapons, the defendants paid in the form of fentanyl and methamphetamine imported into the United States for distribution," the Justice Department said.
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
Footage shared on social media shows a baby being rescued from the bloody arms of a man trapped underneath a destroyed building in Cali after a powerful earthquake struck Colombia.
The only total solar eclipse of 2026 crosses the Northern Hemisphere on Wednesday, Aug. 12, with a path of totality across parts of Greenland, Iceland and northern Spain. See when and where it will be visible.
Singer Becky G speaks with Gayle King about her tour with Karol G and the bond the two pop stars have formed. "We have a beautiful friendship," Becky G says, "one I'm really, really thankful for and one that I think throughout the years we've really earned with one another."
Actor Dominic Sessa and renowned chef Eric Ripert talk with "CBS Mornings" about the new movie "Tony," which is loosely based on Anthony Bourdain's stories of his first experience working in a kitchen restaurant before he found fame. Sessa describes how he got involved and Ripert, who one of Bourdain's best friends, talks about his relationship with the beloved chef.
"CBS Mornings" co-host Gayle King speaks exclusively with pop superstar Becky G about feeling the pressure of becoming her family's breadwinner at a young age.
Kourtnee Jackson, senior streaming and entertainment editor at CNET, joins "The Daily Report" to give her take on Spotify's decision to label AI-generated music and block it from being recommended to users.
"Elvis Week" kicked off at Graceland in Memphis, Tennessee, on Aug. 8 and runs until Aug. 16, marking Elvis Presley's death. Alicia Dean, the longtime marketing and promotions specialist for Elvis Presley Enterprises, joins with more.
Tech giant Meta is being accused of designing social media platforms that violate privacy and enable social media addiction in children. Jury selection in the trial begins today. CBS News legal contributor Jessica Levinson has more on the case.
Top transportation officials were at Newark Airport on Tuesday for the installation of a new radar system designed to help controllers prevent runway incidents. CBS News senior transportation correspondent Kris Van Cleave spoke with Transportation Secretary Sean Duffy about the new technology.
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.
Nvidia scored an astounding $500 billion in financing for artificial intelligence, backed by Wall Street's top power brokers and firms. Puck founding partner and industry journalist William D. Cohan weighs in on the AI boom and data center construction.
Startup companies are now starting to test their humanoid robots for home use, but experts said wider adoption will take years.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The Perseid meteor shower will peak during 2026's only total solar eclipse. Director of astronomy at Adler Planetarium, Dr. Geza Gyuk, explains why the eclipse is so special.
A small part of the U.S. will be able to see a sliver of partial solar eclipse, but the path of totality will cut through Europe. CBS News meteorologist Rob Marciano has more from Mallorca, Spain.
The only total solar eclipse of 2026 crosses the Northern Hemisphere on Wednesday, Aug. 12, with a path of totality across parts of Greenland, Iceland and northern Spain. See when and where it will be visible.
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. (Originally broadcast April 26, 2026.)
Latiesha Dukes, one of Lindsay Clancy's mental health counselors before the deaths of her three children, testified Wednesday that she did not see signs of Clancy in crisis. CBS News' Shanelle Kaul has the latest.
At a hearing for Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson, a judge ruled the jury in Mangione's New York state murder trial will be anonymous. Tom Hanson explains.
A Secret Service analyst told CBS News a single skimming device can net a scammer up to $1 million.
"In exchange for the weapons, the defendants paid in the form of fentanyl and methamphetamine imported into the United States for distribution," the Justice Department said.
Healthcare workers who treated Lindsay Clancy's postpartum mental health concerns are back on the stand Tuesday in her murder trial. CBS News legal contributor Jessica Levinson has the latest.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crosses the Northern Hemisphere on Wednesday, Aug. 12, with a path of totality across parts of Greenland, Iceland and northern Spain. See when and where it will be visible.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
The Free Press columnist and CBS News contributor Arthur Brooks argues that Americans aren't as good at relaxing during vacations as Europeans.
Darline Graham and Ralph Norman will face off in a runoff for the Republican Senate nomination in South Carolina. CBS News' Fin Gómez and Anthony Salvanto look at this and other key takeaways from Tuesday's contests.
Latiesha Dukes, one of Lindsay Clancy's mental health counselors before the deaths of her three children, testified Wednesday that she did not see signs of Clancy in crisis. CBS News' Shanelle Kaul has the latest.
Families in Colombia are suffering after a catastrophic earthquake destroyed homes and killed more than 250 people. Response director Juan Camilo Jiménez explains how his organization is partnering with local groups to provide aid in the aftermath.
U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.