Retailers slash prices as holiday shoppers search for best deals amid inflation
"Retailers definitely have an arms race to reach shoppers while a shopper still has her or his money to spend on holiday items."
Target
2/26: CBSN AM
United States attacks Iran-backed militia facilities in Syria; Twitter reveals a Super Follow subscription feature
Target's early Black Friday sale is coming soon: What you need to know
The biggest early Black Friday sales of the 2022 holiday season kick off in October thanks to Target and Amazon.
NASA hopes to knock asteroid off course
A first-of-its-kind NASA mission aims to ram a spacecraft into a harmless asteroid Monday night. As Mark Strassmann reports, the method could someday be used to defend planet Earth.
Target launches Latina-owned brand JZD
Latina-owned clothing brand JZD has launched an exclusive collection at Target just in time for National Hispanic Heritage Month. The brand is known for their "Latina power" shirts and celebrity recognition. JZD owners Jennifer Serrano and Veronica Vasquez joined "CBS News Mornings" to discuss.
Target plans to hire up to 100,000 workers for holiday season
Walmart and Target plan to begin offering deals earlier this year to ease sting of soaring inflation on shoppers.
Target CEO on inflation and diversity goals
Target's CEO Brian Cornell joins "CBS Mornings" to discuss how Target is handling inflation and recession fears as well as how the retailer is improving diverse representation.
Target's push to invest in Black businesses
Jamie Yuccas sits down with Target CEO Brian Cornell and fashion designer Houston White to discuss the company's push to invest in Black-owned businesses.
Target drops mandatory retirement age, allowing CEO to stay
"Brian intends to stay in his role beyond the traditional retirement age of 65," said director of Target's board.
Target's profit craters after it cut prices to clear inventory
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
Giuliani is a target of Georgia probe, lawyer says
Lawyers for Rudy Giuliani say he's a target in Georgia's investigation into alleged election interference by former President Donald Trump and his associates. CBS News reporter Graham Kates breaks down what this means for the former mayor of New York City.
The attack on Salman Rushdie, and on free speech
The attempted murder of the renowned author, long targeted by Islamic fundamentalists over his novel "The Satanic Verses," is the latest sad chapter in the life of a quiet but dedicated hero of free expression. Correspondent Lee Cowan reports.
Police investigate fourth Muslim murder
Police in New Mexico and federal agencies were probing the murders of four Muslim men to determine if the killings, the latest of which happened on Friday evening, were linked while the state's governor described them as "targeted killings." CBS affiliate KRQE-TV's Madison Conner has more.
U.S. companies paying for abortion travel
In the wake of the Supreme Court decision overturning Roe v. Wade, major corporations such as Target and Google are adding abortion travel costs to their employee benefits. The goal is to ensure their employees can seek abortion care if they live in states where the procedure is now or will soon be illegal.
Dead Ringer
A family man targeted for death lives to climb out of his own "grave." Who wanted him dead? "48 Hours" goes inside the sting that took down a hit man-for-hire scheme. "48 Hours" correspondent Peter Van Sant investigates.
Target's shares tumble after cutting orders amid inventory glut
Americans have pivoted from pandemic spending, faster than some retailers expected. Target shares tumbled in pre-market trading.
Victims named in Tulsa shooting
Police say a man targeted his own doctor and "anyone who got in his way" during Wednesday's shooting rampage at a Tulsa, Oklahoma medical building. Four people were killed including two doctors, a receptionist and patient before authorities say the shooter took his own life. Nancy Chen has more.
Stocks plunge as major retailers show poor results
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
Stocks had their worst day in 2 years
Stocks plummeted on Wall Street on Wednesday, as poor results from retailers led to renewed fears. Jill Schlesinger has more.
Stocks up slightly after week of big losses
Friday's rebounding stocks are not enough to make up for the steep losses earlier in the week. The hit comes after retail giants Walmart and Target reported lower than expected earnings. Nancy Davis, chief investment officer for Quadratic Capital Management, spoke with CBS News anchors Nancy Chen and Tanya Rivero about how the recent market volatility affects Americans.
Brutality on the battlefield in Ukraine
Ukrainian officials claim that Russian forces attacked two schools in the country's north, killing three people and wounding 12. CBS News correspondent Debora Patta reports.
Ukrainian farmers struggle amid war
Farming the land is a tough job the world over but Ukrainian farmers are struggling as Russian forces continue to target them. Chris Livesay reports.
U.S. military leaders meet with NATO allies
America's top military leaders continue to push NATO allies to send more military aid to Ukraine, as Russia targets the country's critical infrastructure. BBC News correspondent and producer Joe Inwood joins "CBS News Mornings" with more from Kyiv.
Kidnapping claims' impact on Latino community
Sherri Papini's claims that she was kidnapped by two Hispanic women led to fear in the local Latino community as investigators pursued what they now say was a made-up story. Lilia Luciano looks at how the fallout of the false accusations are still felt today.
Black cop target of KKK note files complaint
Keith Pool, a Black police officer in Ohio, says his chief put a KKK note on his raincoat. "CBS Mornings" lead national correspondent David Begnaud spoke with Pool who says the incident was "demeaning and destructive" to him.
Zelenskyy says he will meet Trump on Sunday for Ukraine-Russia talks
Ukrainian President Zelenskyy says he and President Trump have agreed to meet in Florida on Sunday, signaling progress in talks to end the Russia-Ukraine war.
Maps show winter storm forecast for ice and snow from Great Lakes to Northeast
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
Iran seizes oil tanker smuggling fuel on Strait of Hormuz, Tehran says
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
Trump calls for release of any Epstein files naming Democrats: "Embarrass them"
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt announces she is pregnant with her second child
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
California mother pleads not guilty to murder of 9-year-old daughter Melodee Buzzard
The body of 9-year-old Melodee Buzzard was found by authorities in Utah on Dec. 6 after she went missing in October.
Second actor accuses Tyler Perry of sexual assault in new lawsuit
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Former "Big Brother" houseguest Mickey Lee died on Christmas, family says
Mickey Lee, a former "Big Brother" houseguest known for her vibrant personality and bold gameplay, has died, her family announced in a social media post shared Friday.
Perry Bamonte, guitarist for The Cure, dies after "short illness" at 65
The band announced Perry Bamonte's death on their official website on Friday.
U.S.
More U.S.
3 wounded in shooting at rural Idaho sheriff's office, officials say; suspect killed
The suspected gunman was shot and killed by law enforcement, authorities said.
Second actor accuses Tyler Perry of sexual assault in new lawsuit
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Karoline Leavitt announces she is pregnant with her second child
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
Two police officers injured, suspect killed during child custody exchange
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
MoneyWatch
More MoneyWatch
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
U.S. stocks hover at record highs after the Christmas holiday
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Here's what is open on the day after Christmas, from retailers to banks
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
5 money moves to make in 2026, according to financial experts
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
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.
Politics
More Politics
Trump calls for release of any Epstein files naming Democrats: "Embarrass them"
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt announces she is pregnant with her second child
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
Veterans Affairs Department reimposing near total abortion ban
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
U.S. launches strikes on ISIS targets in Nigeria, Trump says
Strikes against ISIS targets in Nigeria 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.
HealthWatch
More HealthWatch
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
More World
Thailand and Cambodia reach ceasefire deal to end weeks of fighting
Thailand and Cambodia agreed to an "immediate" ceasefire on Saturday, the two countries said in a joint statement, pledging to end weeks of deadly border clashes.
Israeli police say 2 killed in car-ramming and stabbing attack by Palestinian
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
8 killed, 18 wounded in mosque bombing in Syria
Images shared by Syria's state-run news agency showed blood on carpets, holes in the walls, shattered windows and fire damage.
Endangered wild cat seen in Thailand for the first time in 30 years
Flat-headed cats are among the world's most threatened wild felines.
Iran seizes oil tanker smuggling fuel on Strait of Hormuz, Tehran says
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
Entertainment
More Entertainment
Second actor accuses Tyler Perry of sexual assault in new lawsuit
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Perry Bamonte, guitarist for The Cure, dies after "short illness" at 65
The band announced Perry Bamonte's death on their official website on Friday.
Broadway actress Imani Smith stabbed to death in New Jersey, police say
Smith previously played young Nala in "The Lion King" on Broadway.
Former "Big Brother" houseguest Mickey Lee died on Christmas, family says
Mickey Lee, a former "Big Brother" houseguest known for her vibrant personality and bold gameplay, has died, her family announced in a social media post shared Friday.
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.
Technology
More Technology
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
More Science
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
More Crime
Crime
What's next on the Epstein files release?
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Two police officers injured, suspect killed during child custody exchange
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
Broadway actress Imani Smith stabbed to death in New Jersey, police say
Smith previously played young Nala in "The Lion King" on Broadway.
15 hurt in stabbing, chemical liquid attack in Japan tire factory
More than a dozen people were injured in a stabbing attack in a factory in central Japan in which a liquid believed to be bleach 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.
Space
More Space
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
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Boy goes viral after sharing bird imitating talent
Steve Hartman follows up on the story about a boy he met "On the Road" who can perfectly imitate bird calls.
Returning unwanted gifts may now come with fees
Hassle-free returns may be a thing of the past, and if you're staring at a stack of unwanted Christmas gifts, you may have to think twice before mailing them back. Dave Malkoff reports.
How to save on energy bill as heating costs surge
The cost of heating a home is going through the roof, but there are steps you can take to try to keep your energy bills down. Ash-har Quraishi has details.
Doctor hopes flu peak is near as cases surge
Flu season is in full swing, with close to 5 million cases and nearly 2,000 deaths, including at least three children, according to the Centers for Disease Control. Kati Weis reports.
Details about U.S. strikes on ISIS in Nigeria
Details are emerging about the Christmas Day military strikes in northern Nigeria. The U.S. launched what President Trump called a "powerful and deadly" strike on ISIS targets in the West African nation. Willie Inman has more.