Bessent reacts to bond market global concerns
There are growing concerns about the bond market and rising borrowing costs. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
Scott Bessent
Bond market trouble sparks global concern
Treasury Secretary Scott Bessent is trying to calm nerves in the bond market as it continues to navigate higher borrowing costs. CBS News contributor Javier David reports.
U.S. pressures world to cut Iranian business ties
President Trump is threatening to put more economic pressure on Iran. CBS News chief White House correspondent Nancy Cordes reports. Then, Matthew Kroenig, senior fellow at the Atlantic Council, joins with analysis.
U.S. national debt hits record $40 trillion
America's national debt has climbed to $40 trillion after years of borrowing. CBS News chief White House correspondent Nancy Cordes reports on the Trump administration's response.
More details on Trump's plane switch
Some staffers joined President Trump in covertly swapping planes amid a missile threat from Iran when leaving Turkey. Others were left behind on the decoy plane. CBS News' Aaron Navarro has more.
Bessent announces crackdown on undocumented immigrants' use of U.S. banks
Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."
Bessent on possible Strait of Hormuz deal
Treasury Secretary Scott Bessent said Tuesday that a possible U.S.-Iran deal that would open the Strait of Hormuz might be within reach. CBS News' Olivia Rinaldi has the latest.
U.S. Mint to make $1 gold coin with Trump's face on it
It's the latest effort by President Trump to make his mark on Washington, D.C.
Bessent talks Trump Accounts' July 4 debut
Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about inflation, gas prices and Trump Accounts, which are now available.
Bessent on Trump accounts, U.S. economy
In an exclusive interview with Kelly O'Grady, Treasury Secretary Scott Bessent reacted to high gas prices, inflation, President Trump's cryptocurrency earnings disclosure and the official launch of Trump Accounts for children.
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
Exclusive interview: Scott Bessent
Treasury Secretary Scott Bessent speaks with CBS News' Kelly O'Grady about stock donations for Trump accounts, the war in Iran, President Trump's $1.4 billion in crypto earnings and more.
New data shows Americans are saving less
New government data shows Americans are saving less as the U.S. grapples with inflation and higher costs linked to the Iran war. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
Sources: Trump yet to approve Iran truce
The White House confirmed the general outlines of an agreement to extend the ceasefire with Iran, but hastened to add that President Trump hasn't signed off yet. The Iranians deny that an agreement has been reached. CBS News' Nancy Cordes, Charlie D'Agata and Aaron MacLean have the latest.
Bessent addresses potential $250 bill
Treasury Secretary Scott Bessent told reporters on Thursday that legislation was making its way through Congress to potentially clear the way for President Trump's face to appear on a proposed $250 bill commemorating America's 250th birthday.
Watch: Bessent holds White House press briefing
Treasury Secretary Scott Bessent held court at the White House press briefing Thursday. Following Bessent's remarks, CBS News' Natalie Brand provided more context.
Bessent, Loeffler and Leavitt take questions
Treasury Secretary Scott Bessent, Small Business Administration administrator Kelly Loeffler and White House press secretary Karoline Leavitt spoke to reporters Wednesday about a wide range of issues at the White House press briefing. CBS News political reporter Zak Hudak provided analysis following the news conference.
Bessent, Fed's Powell met with bank CEOs over potent new Anthropic AI
Financial industry leaders met to discuss potential cyber risks posed by Anthropic's latest AI model, which has found weaknesses in every major computer operating system.
Rep. Rick Crawford on Iran's new leader, more
Treasury Secretary Scott Bessent said Thursday that the U.S. will escort ships through the Strait of Hormuz as Iran ramps up attacks on the crucial shipping channel. Republican Rep. Rick Crawford of Arkansas, chair of the House Intelligence Committee, joins "The Takeout" to discuss the state of the war.
Bessent on Trump accounts, Federal Reserve
President Trump celebrated a new federally-funded investment program, called Trump Accounts, aimed at giving kids a long-term financial foundation. Treasury Secretary Scott Bessent sat down with "CBS Saturday Morning" to discuss the initiative and the looming changes at the Federal Reserve.
Trump threatens Canada with 50% tariff on aircraft sold in U.S.
President Trump is threatening Canada with a 50% tariff on any aircraft sold in the U.S., the latest salvo in his trade war with America's northern neighbor as his feud with Prime Minister Mark Carney expands.
Bessent defends Powell probe, Trump Accounts
In an interview with CBS News, Treasury Secretary Scott Bessent defended the DOJ investigation into Fed Chair Jerome Powell, saying, "I think that the message is that independence does not mean no accountability." He also addressed the new Trump Accounts, which are tax-deferred investment accounts created for every American child born between January 1, 2025 and December 31, 2028.
Read the full transcript of Kelly O'Grady's interview with Scott Bessent
Treasury Secretary Scott Bessent addressed the ongoing investigation into Federal Reserve Chair Jerome Powell and the White House's new $1,000 "Trump Accounts" in an interview with Kelly O'Grady. Read the full transcript of their conversation.
Bessent touts Trump Accounts as "rainy day fund"
President Trump is celebrating what he calls "one of the most transformative" policies of all time -- a new, so-called Trump Account for kids, with the U.S. government chipping in the first $1,000. Kelly O'Grady spoke to Treasury Secretary Scott Bessent.
Bessent touts Trump Accounts as rainy day fund, slams critics as "out of touch"
Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.
Live
Iran touts its trade ties as U.S. turns from bombs to economic warfare
As Vice President JD Vance declares economic pressure "the most effective tool that we have," Iran seeks to show deepening trade ties with its neighbors.
Supreme Court temporarily allows work on White House ballroom to continue
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
First on CBS
Pentagon moves to fire publisher and editor of Stars and Stripes
The Pentagon has given separation notices to both the publisher and the editor in chief of Stars and Stripes, according to people familiar with the matter.
Why Dubai may be vital to Trump administration's economic war on Iran
The effectiveness of a bolstered economic campaign against Iran may rest largely on one close U.S. ally in the Persian Gulf, the United Arab Emirates.
First deportees arrive in Haiti after U.S. ends TPS protection
The U.S. has deported more than 160 people to Haiti for the first time since the Trump administration won a legal battle to end Temporary Protected Status for some 350,000 Haitians.
8 dead in charter plane crash near remote military radar site in Alaska
The crash of a small plane in Alaska chartered by the U.S. Army Corps of Engineers is under investigation.
Mom says postpartum psychosis made her feel like "such a monster"
As the trial of Lindsay Clancy brings renewed attention to postpartum psychosis, Haley Ashcom shares her experience with the dangerous condition.
Cardiac event reveals Olympian's rare heart condition: "There was a God present"
Olympian Jenny Simpson said she won't be able to run again after being diagnosed with a rare heart condition earlier this year.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
U.S.
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Court says prosecutor who subpoenaed Letitia James was unlawfully appointed
A federal appeals court said the top federal prosecutor in the Northern District of New York was unlawfully serving when he subpoenaed state Attorney General Letitia James.
First on CBS
Pentagon moves to fire publisher and editor of Stars and Stripes
The Pentagon has given separation notices to both the publisher and the editor-in-chief of Stars and Stripes, according to people familiar with the matter.
Supreme Court temporarily allows work on White House ballroom to continue
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
Woman covertly filmed by Meta smart glasses raises privacy concerns
One woman is speaking out after she was secretly filmed, saying that technology like Meta's AI-powered smart glasses threatens personal privacy.
Human remains found in Lake Powell amid shrinking water levels
Another set of human remains was found in Lake Mead earlier this week. Both reservoirs are dealing with low water levels.
MoneyWatch
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Nearly 25% of workers are "functionally unemployed," analysis finds
An alternative measure of unemployment that accounts for wages suggests the U.S. labor market is weaker than it looks.
Why Dubai may be vital to the Trump administration's economic war on Iran
The effectiveness of a bolstered economic campaign against Iran may rest largely on one close U.S. ally in the Persian Gulf, the United Arab Emirates.
Trump temporarily waives higher beef tariffs in bid to lower prices
Ground beef prices, now averaging nearly $7 a pound, remain historically high due to shrinking cattle herds.
Coinbase CEO says CLARITY Act will prevent another FTX collapse
Brian Armstrong made the case for the cryptocurrency legislation, which is scheduled for a Senate vote in September.
Clear Eyes eye drops recalled nationwide over contamination risk, FDA says
The recall affects 15mL bottles of Clear Eyes' Maximum Itchy Eye Relief.
Politics
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Court says prosecutor who subpoenaed Letitia James was unlawfully appointed
A federal appeals court said the top federal prosecutor in the Northern District of New York was unlawfully serving when he subpoenaed state Attorney General Letitia James.
First on CBS
Pentagon moves to fire publisher and editor of Stars and Stripes
The Pentagon has given separation notices to both the publisher and the editor-in-chief of Stars and Stripes, according to people familiar with the matter.
Supreme Court temporarily allows work on White House ballroom to continue
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
IndyCar is holding its first race in D.C. this weekend. Here's what to know.
Twenty-five cars traveling at top speeds approaching 180 mph will zoom around the National Mall this weekend when IndyCar takes over downtown D.C.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
HealthWatch
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Cardiac event reveals Olympian's rare heart condition: "There was a God present"
Olympian Jenny Simpson said she won't be able to run again after being diagnosed with a rare heart condition earlier this year.
Mom says postpartum psychosis made her feel like "such a monster"
As the trial of Lindsay Clancy brings renewed attention to postpartum psychosis, Haley Ashcom shares her experience with the dangerous condition.
Drug mix-up at Nashville hospital causes dire complications in 4 patients
Four patients at Ascension Saint Thomas Midtown received incorrect medications last week, CBS affiliate WTVF reported.
How Moderna's melanoma mRNA vaccine could fight deadliest skin cancer
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
Melanoma vaccine shows promising results
An experimental melanoma vaccine could reduce the risk of the cancer returning or spreading for some high-risk patients. It's personalized for each patient and optimized using artificial intelligence. Dr. Jon LaPook has more details.
World
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Why Dubai may be vital to the Trump administration's economic war on Iran
The effectiveness of a bolstered economic campaign against Iran may rest largely on one close U.S. ally in the Persian Gulf, the United Arab Emirates.
Controversial Netflix dating show sparks backlash in Japan
Japan's justice ministry said it will cancel a collaboration with "Badly in Love," a Netflix dating show featuring ex-juvenile delinquents.
Iran set to impose longer prison terms for any contact with foreign media
Iranians could soon face up to two years in prison for daring to communicate in any way with a foreign news outlet, embassy or institution.
First deportees arrive in Haiti after U.S. ends TPS protection
The U.S. has deported more than 160 people to Haiti for the first time since the Trump administration won a legal battle to end Temporary Protected Status for some 350,000 Haitians.
Japan hangs man convicted of killing 5 people at pachinko parlor
Sunao Takami set fire to the crowded pachinko parlor in Osaka by spreading gasoline and throwing a lit match, engulfing the building, killing five and injuring 10 others.
Entertainment
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Entertainment
Hayden Panettiere's mom speaks out
Hayden Panettiere's mom is speaking out on their strained relationship. This comes as Neutrogena comments on its working relationship with the late actor.
Controversial Netflix dating show sparks backlash in Japan
Japan's justice ministry said it will cancel a collaboration with "Badly in Love," a Netflix dating show featuring ex-juvenile delinquents.
Katherine LaNasa on "The Pitt"
Award-winning actor Katherine LaNasa discusses her recent Emmy nomination for her role as charge nurse Dana Evans on hit HBO series "The Pitt."
Nashville teen has big dreams of musical fame
High school senior and singer Kingston Kharif has dreams of making it big beyond the Nashville, Tennessee, scene. Nicole Valdes spoke with Kingston about his early successes and future goals.
Neutrogena shares statement on Hayden Panettiere after backlash
After Hayden Panettiere's death, fans resurfaced her claim that Neutrogena had fired her in 2015 over her comments about postpartum depression.
Technology
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Woman covertly filmed by Meta smart glasses raises privacy concerns
One woman is speaking out after she was secretly filmed, saying that technology like Meta's AI-powered smart glasses threatens personal privacy.
Meta AI glasses spark fears about privacy
Meta's glasses that are capable of recording video may pose a threat to people's privacy, critics say.
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.
AI could be used to generate bills
The use of artificial intelligence on Capitol Hill could pose some issues for bills that may become U.S. laws later on. Ari Hershowitz, founder of DreamProIT, joins CBS News with his take.
Do AI smart glasses privacy protections work?
As tech companies like Meta push their AI wearables, many are concerned with privacy protections. Anna Schechter has more.
Science
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Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
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.
Crime
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Crime
Psychiatrist in Yates case testifies for Clancy
The defense rested Friday in Lindsay Clancy's murder trial after testimony from Dr. Phillip Resnick, a forensic psychiatrist who also testified Andrea Yates case after she killed her five children in Texas in 2001. Clancy has admitted to killing her three young children, but has pleaded not guilty, arguing she was overmedicated and suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
Defense rests case in Lindsay Clancy trial
The defense for Lindsay Clancy has rested their case in the murder trial over the killings of Clancy's three young children. CBS News legal contributor Rebecca Roiphe has more.
Patients say hospital mixed up drugs
Several patients at a Tennessee hospital say they were hurt after hospital staff allegedly mixed up their medications during routine joint replacement surgeries. CBS News' Nicole Valdes has more.
President Trump and Michael Cohen reunite
President Trump joined Michael Cohen's radio show for a taping after a long, public feud with his former fixer. CBS News' Aaron Navarro reports.
Chaplain's testimony on Clancy conversation
A chaplain who prayed with Lindsay Clancy took the stand in her murder trial. Trial lawyer and former prosecutor Mark Eiglarsh joins CBS News with more.
Space
More Space
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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.
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.
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
Psychiatrist in Yates case testifies for Clancy
The defense rested Friday in Lindsay Clancy's murder trial after testimony from Dr. Phillip Resnick, a forensic psychiatrist who also testified Andrea Yates case after she killed her five children in Texas in 2001. Clancy has admitted to killing her three young children, but has pleaded not guilty, arguing she was overmedicated and suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
Is Cohen pushing for pardon in Trump reunion?
President Trump and his former fixer Michael Cohen held a radio reunion Thursday, seemingly ending a years-long feud that stemmed from Cohen's testimony against the president both in court and before Congress. CBS News' Nancy Cordes has more.
Defense rests case in Lindsay Clancy trial
The defense for Lindsay Clancy has rested their case in the murder trial over the killings of Clancy's three young children. CBS News legal contributor Rebecca Roiphe has more.
Meta AI glasses spark fears about privacy
Meta's glasses that are capable of recording video may pose a threat to people's privacy, critics say.
Grief coach on celebrating her daughter's life
Author and grief coach Kate Doerge told Norah O'Donnell that when her family was told that her daughter Penny, who was battling neurofibromatosis, had an inoperable tumor, she opened the doors to her house for people to come and celebrate the 16-year-old. "We sent her out on a rocket ship of love," Doerge said on "Healthful."