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Treasury Secretary Scott Bessent is testifying before the House Ways and Means Committee in Washington, D.C., where he boasted new Consumer Price Index data that showed cooling inflation. The rate did show a slight rise from April's numbers, however. Bessent also called out China after he spent days in London negotiating with senior Chinese officials on a potential trade agreement.
The U.S. and China have agreed on a "framework" to resolve some disputes that threatened to derail fragile talks between the two countries.
U.S. and Chinese officials met in London on Monday for a second round of trade talks. CBS News senior business and technology correspondent Jo Ling Kent has the latest on where things stand in negotiations to strike a deal between the world's two largest economies.
Treasury Secretary Scott Bessent tells "Face the Nation with Margaret Brennan" that President Trump and Chinese President Xi Jinping will have a conversation soon amid the tariff standoff, and he's "confident" the details of a trade agreement "will be ironed out" when they talk.
Treasury Secretary Scott Bessent said Moody's Ratings is a "lagging indicator" after the agency downgraded the U.S. credit rating. CBS News business contributor Javier David joins "CBS Morning News" with more.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with Chinese officials for trade talks in Switzerland this weekend. Ahead of the meeting, President Trump seemed to suggest he'd be open to lowering the tariff rate on Chinese imports. CBS News' Nikole Killion and Kelly O'Grady have more.
The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.
As officials debate who pays for tariffs, small business owners say the answer is on their import bill. "CBS Evening News" co-anchor John Dickerson explains.
Treasury Secretary Scott Bessent told a House committee on Wednesday that he and U.S. trade representative Jamieson Greer will hold trade talks with Chinese officials in Switzerland on Saturday. CBS News senior White House correspondent Weijia Jiang reports.
Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer will sit down with their Chinese counterparts in Switzerland for trade talks this weekend, but they'll do so after President Trump said the U.S. will not lower tariffs against China to kick-start talks. CBS News White House reporter Aaron Navarro has the newest details.
Treasury Secretary Scott Bessent told lawmakers at a House hearing on Tuesday that the U.S. is not yet engaged in trade negotiations with China.
Treasury Secretary Scott Bessent testified before lawmakers on Capitol Hill Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Treasury Secretary Scott Bessent spoke at the Milken Institute Global Conference Monday, pointing to tariffs, tax cuts and deregulation as the three core components of President Trump's economic agenda. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Treasury Secretary Scott Bessent says some uncertainty is good as President Trump negotiates trade deals with other nations. CBS News' Kelly O'Grady breaks down how the markets and investors feel about navigating economic uncertainty during President Trump's second term.
The Dow Jones rebounded for a second day on Wednesday after the White House signaled a potential U-turn on tariffs placed on China. CBS News' Fin Gómez and Caitlin Huey-Burns join "America Decides" with the latest.
Treasury Secretary Scott Bessent blasted the International Monetary Fund and the World Bank as worries over President Trump's tariffs persist. CBS MoneyWatch correspondent Kelly O'Grady reports.
Treasury Secretary Scott Bessent told investors behind closed doors that he sees the trade situation with China as unsustainable. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to discuss.
Defense Secretary Pete Hegseth is facing some calls to resign over a second Signal chat where he reportedly discussed sensitive military plans with his wife, brother and personal attorney. CBS News chief White House correspondent Nancy Cordes reports how the Trump administration is processing it all.
Since the Trump administration announced sweeping new tariffs, there's been mixed messaging from the White House. President Trump announced Wednesday that higher levies on the vast majority of America's trading partners will be paused for 90 days. CBS News' Weijia Jiang, Jill Schlesinger and Kelly O'Grady report and answer viewer questions.
White House spokeswoman Karoline Leavitt said President Trump's tariffs represented "the art of the deal."
Treasury Secretary Scott Bessent and White House press secretary Karoline Leavitt took questions from reporters at the White House immediately after President Trump announced a 90-day reciprocal tariff pause for most countries while raising the tariffs against China.
President Trump said Georgia Republican Rep. Marjorie Taylor Greene is "not AMERICA FIRST or MAGA" and also attacked "60 Minutes" and Paramount in a social media post.
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Alina Habba served as a personal lawyer to President Trump before she was tapped to temporarily serve as U.S. attorney in New Jersey.
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
The Supreme Court heard arguments over the president's authority to remove members of many independent agencies that Congress has sought to insulate from political pressure.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy Warner Bros. in a deal valued at $82.7 billion.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
According to the FBI, domestic homicides more than doubled between 2019 and 2024, increasing from 1,065 to 2,339. The latest data has experts worried.
Royal Caribbean crew members "negligently" over-served 35-year-old Michael Virgil "in a matter of hours" while he exhibited obvious signs of intoxication, the lawsuit alleges.
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Two companies dominate U.S. dialysis services, and a CBS News review of federal data found one-third of dialysis clinics failed to meet federal standards this year.
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
Underwater archaeologists announced they had discovered the ancient wreck of an ancient Egyptian pleasure boat off the coast of Alexandria.
A powerful wave dragged a group of swimmers at a popular seawater pool along the coast of the Spanish island of Tenerife. At least four people have died and one is missing.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
"CBS Mornings" reveals the nominees for some of the Golden Globe Awards' biggest categories. Plus, Fandango managing editor Erik Davis breaks down the nominations.
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Elvis Presley biographer Peter Guralnick's latest book traces the relationship between the King and Colonel Tom Parker, a manager whose marketing savvy helped launch a rock 'n' roll revolution.
At least six American families are suing Character.AI, its co-founders and Google over the role its chatbot allegedly played in encouraging their children to take their own lives. Ian Krietzberg, AI correspondent for Puck News, joined CBS News to discuss.
Waymo, the ride-hailing service, says it is planning a voluntary software recall to fix a glitch after reports its self-driving cars don't stop for school buses. The company has already tried to fix the issue, but police in Texas said it didn't work. Kris Van Cleave reports.
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.
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
According to the FBI, domestic homicides more than doubled between 2019 and 2024, increasing from 1,065 to 2,339. The latest data has experts worried.
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson in December 2024, returned to court Monday for a pretrial hearing. CBS News legal contributor Caroline Polisi joins with analysis.
Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court Monday as his defense attorneys try to have certain evidence withheld from his upcoming state trial. CBS News legal reporter Katrina Kaufman has more.
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
It's one of the most common violent crimes in America, but many experts say we don't talk about it enough. Domestic violence is behind the majority of shootings where women are injured or killed. The head of our CBS News Crime and Public Safety Unit, Anna Schecter, takes a closer look at the issue.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court as his lawyers fight to have certain evidence withheld from his upcoming state trial. Lilia Luciano reports.
A fresh blanket of snow and a blast of cold weather gripped the Midwest and parts of the South, with colder-than-normal temperatures felt from Minnesota to Maine. Lana Zak reports and Lonnie Quinn has the forecast.
Following Marjorie Taylor Greene's interview on "60 Minutes," President Trump lashed at her in a social media post, calling her a traitor -- and more. Nancy Cordes reports on the escalating war of words.
"One Battle After Another," starring Leonardo DiCaprio, is leading the 2026 Golden Globes nominations with a whopping nine nods. Variety executive editor Brent Lang joins with his reaction to this year's nominations.
Paramount Skydance, the parent company of CBS News, has launched a $108 billion hostile bid for Warner Bros. Discovery just days after WBD said it had agreed to a nearly $83 billion deal with Netflix. Fortune business editor Nick Lichtenberg joins with analysis.