Dow closes down, interest rates unchanged
Investors had a selloff Wednesday with the Dow closing down 1,000 points amid the Federal Reserve's decision to keep interest rates flat. CBS News' Richard Escobedo breaks it down.
Money
3 Fed members voted to hike interest rates
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, but the decision was not unanimous: three members voted to raise rates by a quarter of a percentage point. CBS News MoneyWatch correspondent Kelly O'Grady joins with analysis.
Dow closes down over 1,000 points
Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Fed votes to hold interest rates steady
The Federal Reserve has voted to keep interest rates steady at the 3.5% to 3.75% target range despite concerns about inflation and oil prices. The decision was not unanimous. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Federal Reserve meets over interest rates
The Federal Reserve is set to consider whether to raise interest rates amid stubborn inflation pressures and oil price volatility. CBS News contributor J.D. Durkin has more.
Will the Fed increase interest rates?
The Federal Reserve is widely expected to leave interest rates unchanged, but some believe inflation warrants a rate hike. CBS News' Kelly O'Grady has more.
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.
How to buy a home as cost soars
With home costs soaring, many wonder whether newly signed bipartisan housing legislation will have any impact on homebuyers. Jill Schlesinger has more information.
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.
Ontario Premier Doug Ford on new Trump tariffs
The U.S. on Friday imposed a new 10% tariff on Canada, with 50% duties set to take effect later in August, significantly escalating trade tensions between the two countries. Ontario Premier Doug Ford joins "The Takeout" with his reaction.
Mixed close on Wall Street amid Iran war, tariffs
Stock markets closed mixed on Friday as the Iran war continues to upend energy prices. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Ontario Premier Ford on U.S.-Canada relations
Ontario Premier Doug Ford spoke with CBS News senior White House and political correspondent Ed O'Keefe about the upcoming opening of the Gordie Howe Bridge and President Trump's new tariffs on Canada. "We didn't start this trade war. President Trump decided to go after his close ally and friend, his number one customer in the entire world," Ford said.
Impact of Trump's new tariffs
The markets showed a muted reaction as President Trump announced the latest round of tariffs on Thursday over "forced labor" concerns. Moneywatch correspondent Kelly O'Grady reports.
How to save on your next laptop amid AI boom
As the back-to-school shopping season begins, you can expect to pay more for certain items, like laptops, due to shortages stemming from artificial intelligence. Brian Westover, principal hardware writer for PCMag, joins CBS News to discuss how you can save money.
Trump imposes new tariffs on dozens of countries
President Trump is imposing new tariffs on dozens of countries accused of failing to crack down on forced labor. CBS News politics reporter Kathryn Watson has the latest.
Why Smart People Fall for Scams
Jill and Mark discuss a $50 million Ponzi scheme that ensnared dozens of investors with promises of big, risk-free returns. Then, they break down the emotional manipulation tactics scammers use to gain your trust and how to protect yourself as AI makes fraud more sophisticated and harder to spot than ever. Plus, a burned-out caller is desperate for a career reset and wonders how long she can afford to coast on her savings before figuring out her next move.
U.S. tech execs warn of Chinese AI models: WSJ
U.S. tech giants are concerned about cheap Chinese AI models, according to a new report from The Wall Street Journal. Amrith Ramkumar, a tech policy reporter at The Wall Street Journal who contributed to the story, joins to discuss.
More Americans shoplifting, survey finds
Nearly a third of Americans say they have resorted to shoplifting, a new survey shows. CBS News MoneyWatch reporter Megan Cerullo has tips for managing rising costs.
Trump imposes new Canadian tariffs
President Trump plans to impose a new 50% tariff on certain Canadian goods in addition to his existing tariffs. CBS News' Kelly O'Grady explains the tariffs and investor reaction.
Taco Bell reports drop in foot traffic
The FDA continues to hunt for the source of the cyclosporiasis outbreak, though it says its investigation "continue to converge on shredded iceberg lettuce from Taylor Farms locations in central Mexico." Fast food giant Taco Bell, which uses shredded lettuce in some products, has seen declining foot traffic as some Americans avoid raw produce. CBS News' Carter Evans reports.
How to stretch your summer vacation budget
CBS News business analyst Jill Schlesinger talks to "CBS Mornings" about ways to stretch your summer vacation budget and some costly mistakes to avoid.
AAA: U.S. gas back up to $4 a gallon average
As fighting with Iran ramps up, a gallon of regular gas is once again $4 on average, up 13 cents in one week, according to AAA. Severin Borenstein, professor at UC Berkeley's Haas School of Business, joins with analysis.
Oil prices surge as U.S.-Iran ramp up strikes
Crude oil prices surged once again after the U.S.-Iran ceasefire collapsed. CBS News contributor Javier David has more details.
Full interview: Brian Moynihan
Watch Margaret Brennan's full interview with Bank of America CEO Brian Moynihan, a portion of which aired on July 19, 2026. Editor's note: This interview was taped on July 16, 2026.
Oil markets fluctuate amid U.S.-Iran war
Gas prices have increased again as tensions rise between the U.S. and Iran. Axios reporter Madison Mills explains how oil markets have reacted to the war.
Live
Trump threatens Oman, Iran war in stalemate as 60-day talks window ends
The 60-day deadline for the U.S. and Iran to negotiate a peace deal and reopen the Strait of Hormuz is expiring, with no agreement in sight.
Trump orders Pentagon to "substantially reduce" military exercises with South Korea
President Trump said Sunday that the joint military exercises with South Korea are costly and they "send a signal that is totally inappropriate and hostile" to North Korea.
Hayden Panettiere, known for "Heroes" and "Remember the Titans," dies at 36
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the sci-fi series "Heroes," has died at the age of 36.
Supreme Court won't rehear Trump's appeal of $5 million E. Jean Carroll case
The Supreme Court declined for the second time to consider President Trump's appeal in the E. Jean Carroll case.
First on CBS
Hegseth to go to Iowa today to campaign for GOP candidates, sources say
Defense Secretary Pete Hegseth was scheduled to head to Iowa on Monday to give remarks, speak to veterans and campaign, sources told CBS News.
BBC asks court to subpoena Trump family members for defamation defense
After failing to deliver subpoenas itself, the BBC has asked a Florida court to compel three of President Trump's family members to testify over the Jan. 6 attack on the Capitol.
Tupac Shakur was murdered in "act of revenge," prosecutor tells jury
The long-unsolved drive-by shooting gripped the hip-hop community, partly because no one was charged until Duane "Keffe D" Davis was indicted in 2023.
Senior Israeli official calls for killing of "30 to 40" Gazans every night
Israel's far-right national security minister Itamar Ben-Gvir calls for nightly "targeted assassinations" in Gaza: "They're not even people."
Former Hurricane Lala drenches Hawaii, flash floods sweep away Big Island homes
Lala was weakening but still packing a punch as it moved away from the islands, forecasters said.
U.S.
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House Ethics investigating Rep. Jimmy Gomez for alleged sexual misconduct
The allegations include "engaging in inappropriate sexual contact with a House staffer," according to the committee.
Trump welcomes 16-year-old lifeguard and boy he rescued to the Oval Office
President Trump praised lifeguard Ryder Williams for his bravery, saying his rescue of a 10-year-old boy in treacherous waters was "incredible."
Has your license plate been tracked by Flock? Here's how to check.
The website HaveIBeenFlocked has compiled a database of 4.6 million license plate records that have appeared in roughly 242 million Flock searches.
Ex-prosecutor fired over FACE Act case sues DOJ for unlawful termination
Sunita Doddamani argues that she was terminated as an assistant U.S. attorney because she prosecuted activists accused of blocking an entrance to an abortion clinic.
Hayden Panettiere remembered by co-stars and friends after her death
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
MoneyWatch
More MoneyWatch
Has your license plate been tracked by Flock? Here's how to check.
The website HaveIBeenFlocked has compiled a database of 4.6 million license plate records that have appeared in roughly 242 million Flock searches.
Trump family crypto firm granted conditional approval to establish a bank
The plan has sparked criticism from Democrats, who argue that granting bank status to a business affiliated with the Trump family poses a conflict of interest.
CBS News poll on whether Democrats split over socialism
Americans think more young people in office would make politics better.
Hormuz chaos highlights risks for other global trade chokepoints
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
FDA upgrades egg recall linked to salmonella to highest risk level
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
Politics
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House Ethics investigating Rep. Jimmy Gomez for alleged sexual misconduct
The allegations include "engaging in inappropriate sexual contact with a House staffer," according to the committee.
Trump welcomes 16-year-old lifeguard and boy he rescued to the Oval Office
President Trump praised lifeguard Ryder Williams for his bravery, saying his rescue of a 10-year-old boy in treacherous waters was "incredible."
First on CBS
Hegseth to go to Iowa today to campaign for GOP candidates, sources say
Defense Secretary Pete Hegseth was scheduled to head to Iowa on Monday to give remarks, speak to veterans and campaign, sources told CBS News.
Ex-prosecutor fired over FACE Act case sues DOJ for unlawful termination
Sunita Doddamani argues that she was terminated as an assistant U.S. attorney because she prosecuted activists accused of blocking an entrance to an abortion clinic.
CENTCOM commander tries to ease concerns about USS Abraham Lincoln
President Trump and Defense Secretary Pete Hegseth have disputed concerns about conditions aboard the aircraft carrier USS Abraham Lincoln.
HealthWatch
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RFK Jr.'s hunt for autism culprits stalls amid Trump's baseless vaccine order
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Mom-to-be had 2 signs of rare complication: "Everything kept getting worse"
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
World
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Senior Israeli official calls for killing of "30 to 40" Gazans every night
Israel's far-right national security minister Itamar Ben-Gvir calls for nightly "targeted assassinations" in Gaza: "They're not even people."
CENTCOM commander tries to ease concerns about USS Abraham Lincoln
President Trump and Defense Secretary Pete Hegseth have disputed concerns about conditions aboard the aircraft carrier USS Abraham Lincoln.
BBC asks court to subpoena Trump family members for defamation defense
After failing to deliver subpoenas itself, the BBC has asked a Florida court to compel three of President Trump's family members to testify over the Jan. 6 attack on the Capitol.
Thousands waiting for help as Indonesia earthquake death toll nears 70
Thousands of people are still waiting for aid on Indonesia's Flores island days after a powerful earthquake killed at least 68 people.
U.K. prime minister messages with impersonator of top Trump staffer
British Prime Minister Andy Burnham exchanged messaged with someone pretending to be White House chief of staff Susie Wiles.
Entertainment
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Entertainment
Opening statements in Tupac Shakur murder trial
The trial has begun for the man accused of ordering the 1996 murder of Tupac Shakur, Duane "Keffe D" Davis. CBS News legal reporter Katrina Kaufman has more.
Hayden Panettiere remembered by co-stars and friends after her death
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
Jon Batiste on creating his 3 new albums
Jon Batiste speaks with "CBS Mornings" about his three new albums, which were inspired by composers Wolfgang Amadeus Mozart and Thelonious Monk, and explains how he crafted each one in a single day. The Grammy winner also gives an update on his wife, who is battling cancer.
Hayden Panettiere dies at 36
Actor Hayden Panettiere, known for her roles in "Remember the Titans" and "Heroes," has died at 36, her publicist confirmed. CBS News' Bradley Blackburn reports.
Hayden Panettiere dies at 36
Actor Hayden Panettiere has died at the age of 36, her father confirmed in a statement. The star was known for her roles in "Heroes" and "Nashville." Gayle King has a look at her life and career.
Technology
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Technology
States crack down on misleading home listings
More home listings are using AI to add furniture, repaint walls, spruce up landscaping and even add windows. But when does virtual staging cross the line into deception or even fraud? CBS News' Evyn Moon explores.
The iNaturalist app – Mixing science with fun
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species. (Originally broadcast March 22, 2026.)
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.
The silent spy game orbiting above Earth's skies
Above Earth's atmosphere, an arms race is unfolding. Thousands of miles above the ground, satellites from different companies and nations are observing us and each other. To learn more, Olivia Gazis traveled to Vantor, a Colorado-based satellite technology company.
Where to get the latest CBS Mornings Deals
On this edition of CBS 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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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Luigi Mangione's New York trial delayed
Luigi Mangione's New York state trial on second-degree murder charges is being delayed.
Tupac Shakur was murdered in "act of revenge," prosecutor tells jury
The long-unsolved drive-by shooting gripped the hip-hop community, partly because no one was charged until Duane "Keffe D" Davis was indicted in 2023.
Lindsay Clancy's mother takes the stand
Paula Musgrove, Lindsay Clancy's mother, gave emotional testimony in her daughter's murder trial on Monday, where she said Clancy was a dedicated, loving mom.
Lindsay Clancy's sister takes stand in trial
Lindsay Clancy's sister, Allison Ozga, took the stand in Clancy's murder trial on Monday to share what her sister's mental health was like before allegedly killing her three children.
Opening statements in Tupac Shakur murder trial
The trial has begun for the man accused of ordering the 1996 murder of Tupac Shakur, Duane "Keffe D" Davis. CBS News legal reporter Katrina Kaufman has more.
Space
More Space
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
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.
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.
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.
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.
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.
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
Watch: Trump takes questions on Iran, more
President Trump on Monday met with 16-year-old Ryder Williams, the lifeguard who saved a 10-year-old boy who was struggling in rough surf on a California beach. During the Oval Office meeting, the president also took questions from reporters on Iran, conditions aboard the USS Abraham Lincoln and more.
Retired Marine colonel on Trump threat to Oman
Mark Cancian, retired Marine colonel and senior adviser at the Center for Strategic and International Studies, joins CBS News to discuss President Trump's threat to bomb Oman if it "gets in the way" of efforts to reopen the Strait of Hormuz.
Lindsay Clancy's mother takes the stand
Paula Musgrove, Lindsay Clancy's mother, gave emotional testimony in her daughter's murder trial on Monday, where she said Clancy was a dedicated, loving mom.
Lindsay Clancy's sister takes stand in trial
Lindsay Clancy's sister, Allison Ozga, took the stand in Clancy's murder trial on Monday to share what her sister's mental health was like before allegedly killing her three children.
New CBS News poll on economy, socialism
A new CBS News poll is digging into how Americans feel about capitalism, socialism and the economy at large with the 2026 midterm elections just a few months away. CBS News' executive director of elections and surveys Anthony Salvanto has more.