11/22: Red and Blue
President and first lady celebrate early Thanksgiving; Americans can see highest gas prices in years
Supply Chain
Ford CEO on the future of electric cars
Ford president and CEO Jim Farley joins CBS News to discuss the future of electric vehicles and the importance of his company investing in them. He also speaks about how the tentative agreement with railway workers should prevent a costly strike that would have impacted the nation's supply chain.
Inflation threatening American farmers
The tentative agreement between railway companies and its workers is welcome news to farmers who depend on trains to transport their goods. But it's not the only issue in America threatening farmers. Mark McHargue, president of the Nebraska Farm Bureau, joined CBS News to discuss the impact inflation has had on farms across the country.
Rail workers may begin strike on Friday
Gas prices are finally falling, but other expenses like food and rent are still up year over year. Meanwhile, tens of thousands of rail workers could go on strike starting Friday as they battle railroads for fair medical-leave policies which would hurt the supply chain and could drive up prices even more. Ed O'Keefe reports from the White House.
Formula shortage still hitting families
There are encouraging signs that the nation's baby formula shortage may finally be winding down. But many parents are still struggling to feed their children. Meg Oliver reports.
Supply chain disruptions loom, experts say
Just as retailers are starting to gear up for the holiday season, there are warnings of a possible nationwide shipping log jam. A shortage of rail workers is causing cargo to pile up once again in America's ports. Carter Evans reports from the port of Los Angeles, a key link in the U.S. supply chain.
Drivers find relief at gas pump as prices drop
Americans are finally seeing relief at the pump. The average price of gas has fallen for more than 50 straight days, and the national average is on the verge of falling below $4 per gallon. Errol Barnett takes a look.
MoneyWatch: Concerns about global food supply
Ukraine is the world's leading producer and exporter of corn, and according to the USDA, Russia and Ukraine combine for more than a quarter of the world's wheat exports. With planting season around the corner, there's a growing concern about additional disruptions to the global food supply. Patrick Thomas, a reporter for the Wall Street Journal covering agriculture business, joined CBS News to discuss.
MoneyWatch: Markets and inflation
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
MoneyWatch: Small businesses on the brink
In MoneyWatch, a new survey conducted by Goldman Sachs 10,000 Small Businesses Voices initiative reveals that 79% of small business owners are concerned about the ongoing pandemic while 13% say they have been forced to temporarily close or scale back operations during the pandemic. Joe Wall, national director for Goldman Sachs 10,000 Small Businesses Voices, joins CBS News to discuss.
Effectiveness of sanctions against Russia
The U.S. Justice Department is making sanctions evasion and export-control a priority in the wake of Russia's invasion of Ukraine. Justine Walker, head of Global Sanctions and Risk at ACAMS, joins CBS News anchors Michelle Miller and Mola Lenghi to discuss the impact on businesses trying to comply with U.S. laws.
MoneyWatch: China's growing billionaires club
The Dow Jones closed down by nearly 1.5% Wednesday as oil prices climbed during the day, while China's stock markets are slowly recovering after tanking earlier this month. Axios business reporter Hope King joins CBS News to discuss today's market drivers and how China is still producing the world's most billionaires despite its nationwide COVID lockdowns and economic struggles.
Baby formula shortage intensifies in the U.S.
Parents across the country are scrambling to find baby formula, as one recent report shows 43% of the top-selling products are out of stock. Peter Pitts, president and co-founder of the Center for Medicine in the Public Interest and former associate commissioner of the Food and Drug Administration, joins CBS News' Anne-Marie Green and Vladimir Duthiers to discuss the latest on the shortage.
Baby formula shortage impacting families
CBS News' Elise Preston reports on the baby formula shortages affecting families nationwide, and then Brian Dittmeier, senior director of public policy at the National Women, Infants and Children Association, joins "Red and Blue" to discuss the impact.
Los Angeles port sounds alarm over cargo backlog
Ships packed with holiday gifts are starting to flood America's ports, including in Los Angeles. But 35,000 containers are clogging the docks, waiting for trains to transport cargo across the country. Carter Evans takes a look.
Hershey warns of Halloween candy shortage
Hershey, one of the world's largest chocolate makers, is warning of a shortage of Reese's Peanut Butter Cups, Kit Kat and other sweets this Halloween. Hershey said it won't be able to fully meet consumer demand.
Retailers overstocked as supply chain backlog eases
Many of the cargo ships stuck at sea during the supply chain crisis have now offloaded merchandise, which is crowding store shelves. That could be good news for shoppers. Carter Evans explains.
Overstocked stores give big discounts as supply chain backlog eases
Even bigger sales could be on the way after Labor Day.
Fire fears, supply chain woes cancel fireworks
Fourth of July fireworks in several U.S. cities were canceled amid wildfire concerns, staffing shortages and supply chain issues. Carter Evans takes a look.
Alcohol industry affected by inflation
Amidst supply chain disruptions, the cost of alcohol has remained steady but there are new warnings of inflation in the industry. Scott MacFarlane reports.
Biden urges Congress to suspend gas tax for 3 months
President Biden called on Congress to halt the federal gas tax for three months as gas prices soar. But there's debate about whether it will actually help consumers. Nancy Cordes has the details.
Burger King does fry swap in Japan amid potato shortage
Burger King operates over 150 restaurants in Japan.
Floods close Abbott formula plant days after reopening
Efforts to solve the baby formula shortage hit a roadblock as Abbott had to halt production at a Michigan plant after severe storms caused flooding.
Cosmetics giant Revlon files for bankruptcy
Revlon filed for bankruptcy as the cosmetics giant struggles with supply chain issues, a steep drop in sales during the pandemic and competition from celebrities like Kylie Jenner and Rihanna, who have their own cosmetic lines.
Abbott reopens Michigan baby formula plant
Abbott Nutrition announced it will reopen its baby formula plant in Michigan amid a dire shortage of baby formula nationwide. The plant was shut down by the FDA in February following reports of bacterial infections. Christina Ruffini has more.
U.S. launches Christmas Day strikes on ISIS targets in Nigeria, Trump says
The strikes come after the president spent weeks accusing Nigeria's government of failing to rein in the persecution of Christians.
Zelenskyy says he and Trump have agreed to meet "in the near future"
Ukrainian President Zelenskyy says he and President Trump have agreed to meet "in the near future," signaling progress in talks to end the Russia-Ukraine war.
California rain may ease but more mudslides, flooding possible, forecasters say
A strong storm system that brought relentless winds, rain and snowfall to California this week was expected to ease Friday but there was still a risk of more mudslides and flooding, forecasters said.
Kimmel skewers Trump, tells U.K. viewers "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Death toll from UPS cargo plane crash in Louisville rises to 15
On Nov. 4, UPS Flight 2976 bound for Hawaii crashed moments after takeoff from Louisville International Airport, where UPS has its global aviation hub.
As beef prices rise, small butcher shops adapt to changing demand
With higher prices for beef, customers are looking for alternatives.
Australia announces bravery award for heroes of Bondi Beach attack
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Stabbing, liquid spray attack in Japan factory injures 14
Fourteen people were injured in a stabbing attack in a factory in central Japan in which an unspecified liquid was also sprayed, authorities said.
King Charles and royal family, minus Andrew, gather for Christmas
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
U.S.
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California rain may ease but more mudslides, flooding possible, forecasters say
A strong storm system that brought relentless winds, rain and snowfall to California this week was expected to ease Friday but there was still a risk of more mudslides and flooding, forecasters said.
Death toll from UPS cargo plane crash in Louisville rises to 15
On Nov. 4, UPS Flight 2976 bound for Hawaii crashed moments after takeoff from Louisville International Airport, where UPS has its global aviation hub.
When grocery stores reject imperfect produce, this company steps in
More than 20 billion pounds of produce are rejected by U.S. grocery stores each year.
As beef prices rise, small butcher shops adapt to changing demand
With higher prices for beef, customers are looking for alternatives.
More severe weather in store for a soaked California, raising mudslide risk
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
MoneyWatch
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Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
NHTSA investigating Tesla Model 3 emergency door handles
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
Hawaii cruise passengers face new climate change tax after court ruling
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
How to save money on your utility bill this winter as heating costs rise
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
We asked experts to rate the U.S. economy in 2025. Here's what they said.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Politics
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U.S. launches Christmas Day strikes on ISIS targets in Nigeria, Trump says
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
Trump promises to guard against "bad Santa" in Christmas Eve calls with kids
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
Trump-backed candidate declared winner of Honduras' presidential vote
President Trump-backed candidate Nasry Asfura has won Honduras' presidential election, the country's electoral authorities said, ending a weeks-long count.
HealthWatch
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Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
Finding hope through cancer clinical trials
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
World
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15 hurt in stabbing, liquid toss attack in Japan tire factory
Fourteen people were injured in a stabbing attack in a factory in central Japan in which an unspecified liquid was also sprayed, authorities said.
Zelenskyy says he and Trump have agreed to meet "in the near future"
Ukrainian President Zelenskyy says he and President Trump have agreed to meet "in the near future," signaling progress in talks to end the Russia-Ukraine war.
U.S. launches Christmas Day strikes on ISIS targets in Nigeria, Trump says
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Australia announces bravery award for heroes of Bondi Beach attack
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Entertainment
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Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
King Charles and royal family, minus Andrew, gather for Christmas
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
NYT movie critic breaks down top 2025 movies
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
Small Oklahoma town pays homage to leg lamp
The leg lamp in "A Christmas Story" might be one of cinema's most iconic props, and one small town in Oklahoma has a special way to celebrate it. Omar Villafranca reports.
Technology
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Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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15 hurt in stabbing, liquid toss attack in Japan tire factory
Fourteen people were injured in a stabbing attack in a factory in central Japan in which an unspecified liquid was also sprayed, authorities said.
Terry Rozier seeks to have charges thrown out in NBA gambling case
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
California farming magnate arrested in Arizona in wife's shooting death
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
D.C. National Guard shooting suspect facing 5 additional federal charges
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
Officials: Melodee Buzzard's body recovered
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Holiday cookie box deliveries make spirits bright
The most important ingredient in Christmas cookies isn't the flour or the sugar -- it's the love and care that go into baking them. Major Garrett has more.
9-year-old delivers teddy bears to hospital kids
For more than a century, young kids have awakened on Christmas morning to find a teddy bear waiting for them under the tree. That gave one child an idea: getting teddy bears and the comfort they bring to the children who need them most. Tom Hanson has the story.
The business turning rejected produce into savings
Abhi Ramesh launched Misfits Market in 2018, an online grocery store that buys rejected produce from farmers and packages it for sale across the country. Skyler Henry reports.
How butchers are adapting to higher beef prices
As beef prices rise, small butcher shops are adapting to changing demand. Kelly O'Grady reports.
King Charles gives annual Christmas address
Britain's King Charles delivered his annual Christmas address, carrying on a royal tradition that began nearly a century ago. Leigh Kiniry has more.