ATM fees are at a record high, study finds. Here's why.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
Money
David Rubenstein: Recession not on horizon
CBS News chief Washington correspondent Major Garrett sat down with David Rubenstein, co-founder of the Carlyle Group and owner of the Baltimore Orioles, to get his outlook on the U.S. economy and more.
Analyzing August's weak jobs report
The recent lackluster jobs report showed a cooling U.S. labor market with only 22,000 jobs added in August. CBS News MoneyWatch correspondent Kelly O'Grady has more on how it could impact the Federal Reserve's next interest rate decision.
Winning Powerball tickets sold in 2 states
Two winning Powerball tickets were sold in Texas and Missouri for the nearly $1.8 billion jackpot. CBS News' Omar Villafranca has more.
Top Trump adviser urges for Fed reform
White House National Economic Council director Kevin Hassett told "Face the Nation with Margaret Brennan" that he believes the Federal Reserve "needs to be fully independent of political influence" as President Trump continues to pressure Fed Chair Jerome Powell to lower interest rates. CBS News business contributor Javier David has the latest.
Advice for Powerball winners
Americans are eagerly awaiting the Powerball drawing for an estimated $1.7 billion. Dan Geltrude, a certified public accountant, joins CBS News with advice for the lucky winners.
Hearing for Trump Federal Reserve board pick
Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, is testifying on Capitol Hill. CBS MoneyWatch correspondent Kelly O'Grady breaks down Miran's remarks.
Poll: Views of U.S. economy remain negative
A new CBS News poll finds Americans' views of the economy remain negative. CBS News executive director of elections and surveys Anthony Salvanto breaks down the numbers.
Trump's tariff policies in legal jeopardy
President Trump's signature tariff policies are in legal jeopardy after a federal appeals court on Friday declared most of them illegal. CBS News business contributor Javier David examines how much of a blow the ruling signifies to the president's agenda.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Literature professor pivots to botanicals
Adeline Koh left her position as a literature professor at Stockton University to open Sabbatical Beauty, a small botanicals business. CBS News' Lana Zak has more on her professional pivot. (Sponsored by AT&T Business)
New data signals slight bounce in U.S. economy
Recent gross domestic product data indicates a slight bounce in revised numbers concerning the U.S. economy. CBS News' Kelly O'Grady reports.
Lisa Cook to Trump: "I will not resign"
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
New Federal Reserve statement on Trump, Cook
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Details on Trump's Fed firing
President Trump said he fired Fed Reserve Governor Lisa Cook in a social media post on Monday that included her apparent termination letter, where Mr. Trump alleges that Cook committed mortgage fraud. In response, Cook says no cause exists "under the law" for her firing. CBS News' Natalie Brand has more details.
New August economic data
New Consumer confidence data released Tuesday shows a drop in August. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Powerball jackpot climbs to $750 million
The Powerball lottery jackpot has reached $750 million, which is the 10th largest in its history. CBS News' Shanelle Kaul has more.
Tips for back-to-school savings
Parents are facing higher prices as they prepare for the back-to-school season. Tiffany Aliche, a personal finance expert and author, joins "CBS News Mornings" with tips to save money as prices for school supplies rise. (Sponsored by AT&T Business)
Fewer young people hitting typical milestones
Fewer young people are reaching milestones typically associated with adulthood, like getting married or having children, a new study based on U.S. Census Bureau data shows. CBS MoneyWatch's Megan Cerullo has more details.
What the new CPI report means for the economy
The Labor Department reported that inflation rose at an annual pace of 2.7% last month, slightly better than what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Details on Trump's labor statistics pick
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
Key takeaways from July's inflation report
Inflation in July rose 2.7% on an annual basis, which was slightly less than economists had forecast, according to a report released Tuesday. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers.
Trump delays China tariff hike for 90 days
President Trump signed an executive order on Monday to delay steep tariffs against China for another 90 days, extending the trade truce between the two countries to continue negotiations. CBS News' Ramy Inocencio has more details.
The upsides and risks of "buy now, pay later"
More Americans are opting into "buy now, pay later" services when shopping. Ted Rossman, senior industry analyst at Bankrate, joins "The Takeout" to discuss the option.
How to stand out in a tough job market
Americans are adapting their job searches to move ahead in a tough job market. Erin McGoff, a career educator, joins "CBS News Mornings" with more advice on using AI and other tools to stand out in the search. (Sponsored by AT&T Business)
Live
War expands with joint U.S.-Saudi strikes on Iran proxy groups in Iraq
The Middle East war is expanding after 5 months, with Iran going on the offensive and the U.S. and Saudi Arabia jointly striking Iranian proxy groups in Iraq.
First on CBS
How Trump drafted renovation plans for Dulles, a "terrible airport"
President Trump asked for 3D models of the renovation proposals as he personally tweaked ideas to overhaul Dulles International Airport that are scheduled to be unveiled on Wednesday.
Grants halted at agency devoted to safety of U.S. healthcare
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
Senate confirms Jay Clayton as Trump's next intelligence chief
Clayton's confirmation as director of national intelligence could unlock gridlock over a key spy tool that lapsed last month.
Japan quake toll rises, people still missing in damaged mall and factory
The powerful earthquake that rocked southern Japan has killed at least 18 people and more remain missing in a damaged shopping mall and a paper factory.
Comey claims DOJ ordered "illegal" surveillance as he seeks dismissal of charges
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
Trump policy clears way for civil commitment of homeless in some states
In the year since President Trump signed an executive order aimed at moving homeless people off the streets, states have expanded involuntary treatment for the homeless.
U.S. and Saudi Arabia strike "Iran-aligned terrorists" in Iraq
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
"60 Minutes" announces new correspondents and contributors
"60 Minutes" announced ahead of its 59th season that Ross Douthat, Sebastian Junger, Gianna Toboni and Trevor Phillips will join the show.
U.S.
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Comey claims DOJ ordered "illegal" surveillance as he seeks dismissal of charges
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
American Airlines nationwide ground stop lifted after IT outage disrupts flights
According to the Air Traffic Control System Command Center, all airports and facilities were being impacted by the IT outage.
Florida executes 2 men in one day, including ex-cop who killed girl
Florida on Tuesday became the first state in nearly a decade to carry out two executions in a single day, putting to death an 80-year-old man who was the second-oldest inmate known to receive a lethal injection in modern U.S. history.
First on CBS
How Trump drafted renovation plans for Dulles, a "terrible airport"
President Trump asked for 3D models of the renovation proposals as he personally tweaked ideas to overhaul Dulles International Airport that are scheduled to be unveiled on Wednesday.
Canadian tourism slumped in the U.S. last year amid heightened tensions
Millions of Canadians shunned travel to the U.S. in 2025, opting to vacation at home or travel to other countries.
MoneyWatch
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Canadian tourism slumped in the U.S. last year amid heightened tensions
Millions of Canadians shunned travel to the U.S. in 2025, opting to vacation at home or travel to other countries.
Americans face higher back-to-school costs. Here's what's pricier.
U.S. households will spend roughly $4,000 per student on school supplies and lunches this year, a new analysis found.
Johnson & Johnson offers $5.5 billion to settle talc lawsuits
Johnson & Johnson has offered $5.5 billion to settle tens of thousands of lawsuits claiming its baby powder and other talcum powder products caused ovarian cancer, the company says.
Taylor Farms CEO pressed by lawmaker over cyclospora outbreak
Rep. Robert Garcia is seeking information about whether Taylor Farms used White House ties to influence the federal response to the foodborne illness outbreak.
Amazon plans to deploy more than 5,000 satellites for new telecom service
Amazon Leo wants to launch a constellation of thousands of satellites to connect devices directly from space.
Politics
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Grants halted at agency devoted to safety of U.S. healthcare
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
Comey claims DOJ ordered "illegal" surveillance as he seeks dismissal of charges
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
U.S. and Saudi Arabia strike "Iran-aligned terrorists" in Iraq
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
Trump policy clears way for civil commitment of homeless in some states
In the year since President Trump signed an executive order aimed at moving homeless people off the streets, states have expanded involuntary treatment for the homeless.
Senate confirms Jay Clayton as Trump's next intelligence chief
Clayton's confirmation as director of national intelligence could unlock gridlock over a key spy tool that lapsed last month.
HealthWatch
More HealthWatch
Grants halted at agency devoted to safety of U.S. healthcare
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
What is postpartum psychosis, the disorder at the center of Lindsay Clancy's trial?
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
William Shatner and daughter Melanie recall fighting Stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Carly Simon reveals Parkinson's diagnosis: "Learning how to live with it"
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Cyclospora outbreak impact on eating habits
Amid the outbreak of cyclospora, a CBS News poll finds 40% of Americans say they are buying or eating less produce. Nearly half of those polled say they have little or no confidence in the FDA to deal with the outbreak. Carter Evans reports.
World
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Live
War expands with joint U.S.-Saudi strikes on Iran proxy groups in Iraq
The Middle East war is expanding after 5 months, with Iran going on the offensive and the U.S. and Saudi Arabia jointly striking Iranian proxy groups in Iraq.
Japan quake toll rises, people still missing in damaged mall and factory
The powerful earthquake that rocked southern Japan has killed at least 18 people and more remain missing in a damaged shopping mall and a paper factory.
U.S. and Saudi Arabia strike "Iran-aligned terrorists" in Iraq
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
Kenya investigates deaths of 15 elephants in Amboseli National Park
The Kenya Wildlife Service said 10 of the elephants showed signs of partial paralysis before dying within two days.
Trump meets with Zelenskyy and Netanyahu amid wars in Iran, Ukraine
President Trump met with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu Tuesday.
Entertainment
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William Shatner and daughter Melanie recall fighting Stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
William Shatner, daughter on cancer journeys
Legendary actor William Shatner and his daughter Melanie Shatner Gretsch are opening up about their battles with Stage 4 cancer nearly at the same time as each other. Both are now cancer-free and share how they helped each other through the challenging time.
Ariana Grande sues alleged hackers
In a new lawsuit, Ariana Grande alleges unidentified hackers caused "irreparable harm" to her career and stole her unreleased music, photos and videos. She's asking the court to force internet providers to identify them.
"The Odyssey" movie sparking interest in book
Moviegoers are turning out in droves for the IMAX spectacle "The Odyssey," but they're also flocking to something else: the 2,700-year-old source material. Matt Gutman has more.
Comedian Jeff Arcuri talks new special
Comedian Jeff Arcuri became a sensation on social media after more than a decade of performing at comedy clubs. He talks about his debut stand-up special, "Jeff Arcuri: Nice to Meet You," his comedy reaching new audiences and a time when crowd work didn't go as expected.
Technology
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Amazon plans to deploy more than 5,000 satellites for new telecom service
Amazon Leo wants to launch a constellation of thousands of satellites to connect devices directly from space.
Theaters score with themed popcorn buckets
Bradley Blackburn visits gets a taste of the custom popcorn buckets from movies like "The Odyssey" that are driving fans crazy.
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.
Brands cash in on AI influencers
A growing number of faces on your feeds are generated by artificial intelligence, and brands are buying in. Increasingly, these AI influencers are marketing products, often deceptively, to consumers. Shanelle Kaul has more.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Science
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Science
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.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Crime
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Crime
Georgia teen sentenced for school shooting
Sixteen-year-old Colt Gray was sentenced to life in prison on Tuesday for the 2024 shooting at Georgia's Apalachee High School which killed four people.
Colt Gray sentenced to life without parole
A judge on Tuesday sentenced Colt Gray to life in prison without the possibility of parole. Gray pleaded guilty to killing four people in the deadly 2024 shooting at Apalachee High School. CBS News correspondent Skyler Henry has the latest.
Apalachee High School shooter sentenced to life without parole
Colt Gray, the teenager who admitted to killing four people in the 2024 shooting at Apalachee High School, will spend the rest of his life in prison without parole.
Police seek third Seattle shooting suspect
Seattle police are hunting for a third suspect being linked to a deadly shooting at a food festival near the Space Needle. CBS News' Carter Evans reports.
What is postpartum psychosis, the disorder at the center of Lindsay Clancy's trial?
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
Space
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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.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
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.
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.
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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
Examining legality of Fauci diaries release
Republican Sen. Rand Paul of Kentucky has released some of Dr. Anthony Fauci's pandemic-era diary entries ahead of the former National Institute of Allergy and Infectious Diseases director's Senate hearing on Wednesday. CBS News legal contributor Jessica Levinson breaks down the subpoena power behind the release.
Analyzing Trump's Netanyahu, Zelenskyy meetings
Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu both met with President Trump separately at the White House on Tuesday. Former Clinton and Obama National Security Council member Charles Kupchan joins with analysis.
Tornado tears through central Wisconsin
Trees and power lines collapsed around cars as a tornado with winds of 140 miles per hour tore through central Wisconsin on Monday. The National Weather Service found a 12-mile-long swath of damage. Jason Allen reports.
Back-to-school shopping costs on the rise
New research from Groundwork Collaborative and the Century Foundation shows that U.S. parents can expect to spend close to $4,000 more per child on school supplies this year. CBS News' Megan Cerullo has the story.
New report on weather threats to homeowners
Jeremy Porter, chief economist at First Street, joins "The Daily Report" to discuss new research from his firm showing that severe convective storms that bring tornadoes, hail, and wind pose a bigger risk to homeowners than hurricanes.