6/4: CBSN AM
Pres. Trump meets with Prime Minister Theresa May: James Holzhauer’s winning streak ends
Money
Target cutting prices on thousands of items
Target is slashing prices on more than 5,000 items by this summer. Prices for household items like milk, bagels, diapers and even pet food are dropping, but there are concerns the move could hurt small businesses struggling to compete with larger chains. Columbia's retail studies director Mark Cohen joins to discuss.
Top CEO pay is surging, report says
Paid compensation for chief executives of several Fortune 500 companies has risen dramatically over the last five years, according to a new report from The Wall Street Journal. WSJ writer Theo Francis joins to discuss why it's partly linked to a phenomenon known as the "Musk effect."
Breaking down the Supreme Court's CFPB ruling
The Supreme Court rejected an effort Thursday to undermine the power of the Consumer Financial Protection Bureau. The agency was created after the 2008 financial crisis to protect consumers from unfair practices. CBS News legal contributor Jessica Levinson joins "The Daily Report" to unpack the case.
Breaking down the Dow's 40,000 milestone
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Why cocoa prices are soaring to record levels
Higher cocoa prices are hitting chocolate lovers' wallets. CBS News reporter Taurean Small explains what's driving the increase, and what chocolate brands are doing to adapt.
Breaking down April inflation numbers
Inflation declined slightly in April after two straight months of increases, the U.S. Bureau of Labor Statistics announced Wednesday. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to unpack the numbers.
How voters view inflation ahead of November
U.S. inflation cooled slightly in April, but President Biden says prices are still too high. CBS News executive director of elections and surveys Anthony Salvanto explains how voters feel about rising prices' impact.
Economic impact of Biden's new China tariffs
The White House announced new tariffs on Chinese imports Tuesday as part of an effort to protect U.S. businesses. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess the policy changes.
What to know about Biden's new China tariffs
President Biden announced new steps Tuesday to keep China from undercutting U.S. companies. His administration is hiking tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. CBS News chief White House correspondent Nancy Cordes reports.
Why are GameStop shares on the rise again?
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
Why spending to save may be costing you more
If you buy more items than you need to get a discount, you might be guilty of "spaving" -- or spending more to save money. While retailers' clever marketing ploys convince you you're getting a deal, the practice often leads to overspending. CBS News MoneyWatch reporter Megan Cerullo explains the financial pitfall and how to avoid it.
FTX says it plans to pay back most customers
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
New efforts to stop wire transfer scams
Americans are losing millions of dollars every year to scammers who steal money directly from their bank accounts, often through fraudulent wire transfers. U.S. senators are now pressing banks for answers about what they’re doing to stop it.
Hiring rate slows down for white-collar jobs
According to the Labor Department, job growth slowed across the U.S. in April but remained healthy. While the number of jobless claims remains historically low, a Business Insider report is warning of a possible white-collar recession. Aki Ito, chief correspondent at Business Insider, joins CBS News to explain.
Fed keep rates steady: Breaking down decision
The Federal Reserve announced Wednesday it is keeping interest rates steady. The move comes as the central bank continues to deal with inflation. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss.
Fed chair says interest rate hike unlikely
The Federal Reserve announced Wednesday it is leaving interest rates unchanged. Rates are the highest they've been in more than twenty years. CBS News senior business and technology correspondent Jo Ling Kent joins to discuss.
Understanding FAFSA's "grandparent loophole"
Students will not have to answer questions regarding grandparent contributions on the new FAFSA forms for college tuition assistance. Jillian Berman, a deputy enterprise editor at MarketWatch, joins CBS News with more details on the "grandparent loophole."
Tesla announces plan for more affordable cars
Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news boosted shares more than 10% in after-hours trading Wednesday.
FTC bans noncompete agreements
The Federal Trade Commission officially banned new noncompete agreements Tuesday, giving workers who are considering quitting more options. The U.S. Chamber of Commerce plans to sue in response.
Phone scam leads to deadly encounter
An 81-year-old man is charged with murder after thinking the victim was connected to a scam. William Brock received a threatening call last month from someone demanding money. The scammers also called Loletha Hall, an Uber driver, to pick up a package from Brock’s home. Brock confronted Hall with a gun, believing she was connected to the threats. He is now charged with her murder. Warning: The video in this story is disturbing.
Inflation higher than expected in March
For the third straight month, prices have risen more than expected as inflation refuses to come down. Prices rose 3.5% in March compared to a year ago. That’s the biggest increase in six months.
What does high March inflation mean for Fed?
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
Americans turn to 211 amid economic hardships
The Wall Street Journal reports Americans are turning to social services helpline 211 in economic emergencies. Rachel Wolfe, consumer trends reporter for The Wall Street Journal, joins CBS News to discuss.
Gas, rent and grocery prices keeping inflation up
Inflation rose more than expected for the third straight month. Gas, rent and grocery prices are the major categories keeping inflation stubbornly high. Jo Ling Kent reports.
Live
U.S. carries out new strikes on Iran after Trump threatened "a beating"
The U.S. carried out strikes on Iran on Wednesday night after President Trump earlier threatened the country with "a beating" following U.S. and Saudi Arabia's joint strikes on Iranian proxies in Iraq.
Blanche's nomination for AG on hold over fate of DOJ's "anti-weaponization fund"
Republican Sen. John Cornyn has demanded formal modifications to an agreement the Justice Department made with President Trump to settle his lawsuit against the IRS.
Sen. Paul: "Very real chance" Fauci could be prosecuted after Senate hearing
Hours after Dr. Anthony Fauci invoked the Fifth Amendment in response to all questions during a Senate hearing, Republican Sen. Rand Paul of Kentucky told CBS News he believes Fauci could be prosecuted.
First on CBS
Trump-affiliated companies distance themselves from Trump-IRS deal
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.
Birx says Fauci hearing shows there's still anger over handling of COVID
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
New DOJ rule would allow immigration judges to hold lawyers in contempt
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
Fed holds interest rates steady, but 3 officials vote for hike
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Trump asks Supreme Court to overturn $83.3 million E. Jean Carroll case
President Trump is asking the Supreme Court to throw out an $83.3 million defamation judgment the writer E. Jean Carroll won against him.
U.S.
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Lindsay Clancy murder trial centers on ex's 911 call: "She killed the kids"
Prosecutors allege Lindsay Clancy made a "calculated decision" in killing her kids, while the defense says she was overmedicated and suffering from extreme postpartum psychosis.
Birx says Fauci hearing shows there's still anger over handling of COVID
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
New DOJ rule would allow immigration judges to hold lawyers in contempt
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
Why are workers at leading AI companies calling for a slowdown in AI development?
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
Salman Rushdie attacker convicted in federal trial over 2022 stabbing
A man has been convicted of federal terrorism charges in the 2022 stabbing of author Salman Rushdie.
MoneyWatch
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Why are workers at leading AI companies calling for a slowdown in AI development?
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
FTC sues Hims & Hers, alleging it shared health data with Meta, Snap
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
Why are airlines banning humanoid robots from flights?
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Fed holds interest rates steady, but 3 officials vote for hike
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Schools are testing pepper-spraying drones to stop shooters
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
Politics
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Blanche's nomination for AG on hold over fate of DOJ's "anti-weaponization fund"
Republican Sen. John Cornyn has demanded formal modifications to an agreement the Justice Department made with President Trump to settle his lawsuit against the IRS.
Acting CDC director says Fauci "abused the place of power" during pandemic
The acting director of the U.S. Centers for Disease Control and Prevention on Wednesday accused Dr. Anthony Fauci of an abuse of power during the COVID-19 pandemic.
Birx says Fauci hearing shows there's still anger over handling of COVID
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
Sen. Paul: "Very real chance" Fauci could be prosecuted after Senate hearing
Hours after Dr. Anthony Fauci invoked the Fifth Amendment in response to all questions during a Senate hearing, Republican Sen. Rand Paul of Kentucky told CBS News he believes Fauci could be prosecuted.
New DOJ rule would allow immigration judges to hold lawyers in contempt
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
HealthWatch
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HealthWatch
Extended Interview: Jay Bhattacharya
Rob Gutman speaks with Jay Bhattacharya, director of the National Institutes of Health and acting director of the CDC, about Dr. Anthony Fauci's actions during the pandemic, the possible origins of COVID-19, vaccines and more.
Acting CDC director on Fauci's testimony
Dr. Jay Bhattacharya, the director of the National Institutes of Health and the acting director of the Centers for Disease Control and Prevention spoke with Matt Gutman about Dr. Anthony Fauci's hearing on Wednesday and other health issues that affect many Americans.
Fauci invokes the Fifth over 100 times
Dr. Anthony Fauci faced an angry Senate hearing on Wednesday, with Republicans confronting him over diary entries and his handling of the government's response to the COVID-19 pandemic. Nikole Killion has more.
FTC sues Hims & Hers, alleging it shared health data with Meta, Snap
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The gut's link to Parkinson's — and more takeaways from this week's "Healthful"
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
World
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Elephants that died in Kenya likely poisoned by cyanide-tainted tomatoes
Fifteen elephants in southern Kenya are suspected to have been poisoned by cyanide-contaminated tomatoes, according to wildlife authorities.
FIFA hits Argentina with World Cup charges for scuffle, political banner
A list of disciplinary cases opened by FIFA against Argentina also includes "discriminatory chants and gestures" by fans.
Teen hitman guilty of U.K. murder plot for Swedish crime group with Iran links
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
2 firefighters die in Greece as others fight massive blaze in France
Two firefighters died in a blaze on the Greek island of Crete Wednesday while crews in France confronted a wildfire four times the size of Paris, officials said.
2025 was deadliest year for antisemitic attacks in 30 years, study says
Last year, 20 people were killed in antisemitic attacks outside of Israel, making it the deadliest year for such incidents since 1994.
Entertainment
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Entertainment
Zoe Saldaña on new season of "Lioness"
Zoe Saldaña tells "CBS Mornings" why this season of "Lioness" is demanding, how the series challenges the actors and what it's like working with Taylor Sheridan.
Singer-songwriter Glen Hansard killed in motorcycle crash
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
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.
Technology
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Technology
OpenAI interested in AI wearables
OpenAI's president says it is working on wearable and hardware options for its AI chatbots like ChatGPT. CNET editor-at-large Scott Stein joins CBS News to discuss this and other technology headlines.
Why are workers at leading AI companies calling for a slowdown in AI development?
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
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.
FTC sues Hims & Hers, alleging it shared health data with Meta, Snap
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
Why are airlines banning humanoid robots from flights?
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
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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Lindsay Clancy murder trial centers on ex's 911 call: "She killed the kids"
Prosecutors allege Lindsay Clancy made a "calculated decision" in killing her kids, while the defense says she was overmedicated and suffering from extreme postpartum psychosis.
New testimony in Lindsay Clancy's trial
On the second day of the triple murder trial of a Massachusetts mom who killed her three children, the judge heard new testimony and evidence. Prosecutors asked her ex-husband to describe the moment he returned home on Jan. 24, 2023. Shanelle Kaul reports on the details.
911 call played in Lindsay Clancy trial
Wednesday marked the second day of the high-profile trial against Lindsay Clancy. She's charged with three counts of first-degree murder and facing life in prison for the killings of her three children in 2023. CBS News correspondent Shanelle Kaul reports.
Salman Rushdie attacker convicted in federal trial over 2022 stabbing
A man has been convicted of federal terrorism charges in the 2022 stabbing of author Salman Rushdie.
Teen hitman guilty of U.K. murder plot for Swedish crime group with Iran links
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
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
Dr. Anthony Fauci in October 2020 on COVID-19
From October 2020, Dr. Jon LaPook's interview with Dr. Anthony Fauci about the COVID-19 pandemic.
BTS won't submit music for 2027 Grammy Awards
Maria Sherman, music reporter at the Associated Press, joins "The Daily Report" to break down what BTS' refusal to submit music for the 2027 Grammy Awards over a new category means as the band returns from an extended hiatus.
Iran war expands with Saudi Arabia's entrance
Iran on Wednesday launched a barrage of missiles at American forces in the Middle East. This comes as the U.S. and Saudi Arabia strike Tehran-backed militias in Iraq. Ret. U.S. Navy Vice Adm. Robert Murrett joins with analysis.
Dow has worst day since April 2025
Investors reacted sharply on Wednesday to the Federal Reserve's decision to leave interest rates unchanged amid persistent inflation and spikes in energy prices. Emily Russell, commentary and policy editor at Barron's, joins with analysis.
Legal analysis of Dr. Anthony Fauci hearing
CBS News' legal contributor Jessica Levinson breaks down the legal implications of Dr. Anthony Fauci's invoking of the Fifth Amendment amid lawmakers' questions on the COVID-19 pandemic during Wednesday's Senate hearing.