GDP surged in the second quarter after sliding earlier this year
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Tariffs
Interest rates remain unchanged: What to know
President Trump spent the day hailing new GDP numbers that showed stronger than expected economic growth over the past three months. But at the Federal Reserve, Chair Jerome Powell pointed to Mr. Trump's tariffs as he announced the central bank would leave interest rates unchanged. Nancy Cordes reports.
Trump adviser Peter Navarro on interest rates
President Trump has been pressuring the Federal Reserve to lower interest rates, but the central bank held them steady on Wednesday. Peter Navarro, senior counselor for trade and manufacturing to President Trump, joins "The Takeout" to explain why he believes rates should be cut.
Trump adviser Peter Navarro on tariff impacts
Much remains to be decided about President Trump's tariffs. Top trade adviser Peter Navarro joins "The Takeout" to discuss where things are headed.
Trump suspends de minimis exemption for low-value imports
Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed Wednesday.
Trump hits India with 25% tariff
President Trump announced a 25% tariff on goods from India, plus a "penalty" for buying Russian energy. CBS News' Olivia Rinaldi and Kelly O'Grady have more details.
Trump stands firm on Aug. 1 tariff deadline
President Trump is standing firm on his Aug. 1 tariff deadline, posting on social media that it will not be extended. Meanwhile, the Federal Reserve is set to announce its interest rate decision on Wednesday. CBS News' Kelly O'Grady and Natalie brand report.
Trump announces 25% tariff on India
President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
Fashion designer says tariffs decimating business
Stela Perez makes jeans, tops and dresses out of her fashion company, A Cut Above the Rest LA, but says the price of materials and labor has recently decimated her "made in America" business. Jo Ling Kent reports.
Did the U.S. or the EU emerge as the winner in Trump trade deal?
Economists says the new U.S.-EU trade pact averts a trade war and eases uncertainty, but locks high tariffs into place.
Lawsuit in court this week could throw a wrench in Trump's trade policies
Opening arguments start Thursday in a federal case that could upend President Trump's signature trade policy.
Trump voices frustration with Putin, says ceasefire deadline will shorten
Trump says he's "very disappointed" with Vladimir Putin, and he's shortening the deadline for the Russian leader to agree a ceasefire with Ukraine.
What's in Trump's trade deal with the EU?
President Trump struck a deal between the U.S. and the European Union just days before a 30% blanket tariff on European goods was set to go into effect. Kelly O'Grady has details.
Trump drives EU trade deal over the finish line
President Trump has struck a deal with Europe to head off a trade war. It avoids the 30% import tax the president had threatened to impose on European goods beginning Aug. 1. Instead, the tariffs will be about half that amount. The Europeans, in return, will spend hundreds of billions of dollars on U.S. products. Weijia Jiang has more.
Where Trump's trade deals stand
President Trump and the European Union announced a trade deal on Sunday ahead of Mr. Trump's Aug. 1 tariff deadline. CBS News MoneyWatch correspondent Kelly O'Grady has more on where trade deals with other countries stand.
Trump, EU trade deal fuels investor optimism
President Trump announced the U.S. and European Union reached a trade deal that includes a 15% tariff on imported goods and a promise by the EU to purchase $750 billion worth of American energy. CBS News MoneyWatch correspondent Kelly O'Grady has more on why the announcement is fueling investor optimism.
Are Trump's tariff threats working?
President Trump is meeting with British Prime Minister Keir Starmer in Scotland as more news emerge about his tariff negotiations. Republican strategist Kevin Sheridan and CBS News political contributor Joel Payne join "CBS News Mornings" to discuss how effective Mr. Trump's tariff threats have been.
Trump, EU announce trade deal
President Trump and the European Union have announced a trade deal following Mr. Trump's meeting with EU president Ursula von der Leyen on Sunday in Scotland. CBS News' Natalie Brand has the latest, while Koen Verhelst, a trade reporter for POLITICO, joins with details on the agreement's framework.
Parents rush to buy school supplies
The National Retail Federation says more parents than ever are bracing for price hikes and are trying to get ahead of the Aug. 1 tariff deadline by shopping for school supplies in the middle of summer. Ali Bauman has more.
Trump, EU's von der Leyen to meet on trade
European Commission President Ursula von der Leyen will meet President Trump in Scotland on Sunday to discuss a potential trade deal. CBS News business contributor Javier David has more.
Trump to meet with EU leader in Scotland
President Trump traveled to Scotland on Friday to visit his golf courses and discuss trade with foreign leaders. CBS News senior White House correspondent Weijia Jiang has the details.
Tariffs will drive up U.S. prices even with Trump trade deals, experts say
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
What Trump's golf course neighbors have to say as he visits Scotland
Protesters plan to greet Trump as he visits Scotland, but what do the locals near — and even in the middle of — his luxury golf resort think?
Trump says he's considering rebate checks for Americans based on tariffs
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
Trump on reaching trade deal with EU
President Trump said there's a "50-50 chance, maybe less than that" the U.S. would reach a trade deal with the European Union. Mr. Trump is headed to Scotland, where he's slated to meet with U.K. Prime Minister Keir Starmer during his four-day private trip. CBS News' Kelly O'Grady has more.
Marjorie Taylor Greene says Trump policies are not America First
The relationship between Rep. Marjorie Taylor Greene, one of President Trump's most loyal backers, soured over the Epstein files and disagreements over MAGA policies.
Controversial appointee rocks FDA like "an atom bomb," scientists there say
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.
Himes says Pete Hegseth has "zero credibility" on boat strikes
Rep. Jim Himes, the top Democrat on the House Intelligence Committee, said that it's "really important" that video of the strikes "be made public."
Omar: Any link between alleged Somali fraud and terrorism would be a "failure of the FBI"
Rep. Ilhan Omar told "Face the Nation with Margaret Brennan" that if allegations of a connection between tax dollars and terrorism are true, "that is a failure of the FBI and our court system."
Exclusive
Beshear takes on national role as Dems eye governors to get to the White House
Kentucky Gov. Andy Beshear is leading the Democratic Governors Association for the 2026 midterms, with fellow potential presidential candidate Michigan Gov. Gretchen Whitmer handling a vice chair post.
"Family of Spies": Christine Kuehn discovers her grandfather's Nazi past
In 1994 Christine Kuehn received a letter that revealed a family history from which her father had tried to shield her: Christine's grandfather, Otto, was a Nazi spy who was the only person tried and convicted for the bombing of Pearl Harbor.
Jurors in sandwich thrower case talk about their deliberations
Sean Dunn, who threw a "submarine-style sandwich" at a CBP officer in downtown D.C. in July was found not guilty of misdemeanor assault in November.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Trump slams Rep. Cuellar for running again as a Democrat after pardon
President Trump took aim at Rep. Henry Cuellar, a Democratic congressman from Texas whom he recently pardoned, in a Truth Social post.
U.S.
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Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
Omar: Any link between alleged Somali fraud and terrorism would be a "failure of the FBI"
Rep. Ilhan Omar told "Face the Nation with Margaret Brennan" that if allegations of a connection between tax dollars and terrorism are true, "that is a failure of the FBI and our court system."
Trump slams Rep. Cuellar for running again as a Democrat after pardon
President Trump took aim at Rep. Henry Cuellar, a Democratic congressman from Texas whom he recently pardoned, in a Truth Social post.
MoneyWatch
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Trump's new H1-B visa fees could leave rural health care as collateral damage
Dozens of health care organizations have asked the Trump administration to shield the doctors, nurses, and techs they need to fill shortages from a $100,000 visa fee for skilled foreign workers.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
210,000 power banks sold on Amazon recalled over fire and burn risks
The recall involves INIU 100,000mAh portable power banks, model BI-B41that were sold on Amazon between August 2021 and April 2022, the recall notice says.
2025 holiday gift ideas from Techno Claus
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.
For Gen Zers, finding work after college is often a painful slog
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Politics
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Exclusive
Beshear takes on national role as Dems eye governors to get to the White House
Kentucky Gov. Andy Beshear is leading the Democratic Governors Association for the 2026 midterms, with fellow potential presidential candidate Michigan Gov. Gretchen Whitmer handling a vice chair post.
Trump's new H1-B visa fees could leave rural health care as collateral damage
Dozens of health care organizations have asked the Trump administration to shield the doctors, nurses, and techs they need to fill shortages from a $100,000 visa fee for skilled foreign workers.
Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Jurors in sandwich thrower case talk about their deliberations
Sean Dunn, who threw a "submarine-style sandwich" at a CBP officer in downtown D.C. in July was found not guilty of misdemeanor assault in November.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
HealthWatch
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Controversial appointee rocks FDA like "an atom bomb," scientists there say
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 warns against foraging mushrooms after cluster of poisonings, 1 death
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.
Artist who fought for diagnosis turns incurable cancer journey into art
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
CDC panel votes to stop recommending birth dose of hepatitis B vaccine
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
Could pets be next for weight loss drugs? Here's what to know about a study.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
World
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Hitmen ambush and kill journalist who covered corruption
Fernando Nunezwas shot and killed by hitmen while returning from an assignment and his brother was critically injured, the ANP said.
Leak at Louvre Museum damaged hundreds of works after jewel heist
Weeks after the brazen robbery of crown jewels, Paris' Louvre saw hundreds of works in its Egypt section damaged by water from a leaky old heating system.
Car bomb kills 5 people, including 3 officers, in front of police station
The explosion was so powerful that human remains were scattered throughout the area, police said.
Thailand launches airstrikes along border with Cambodia as ceasefire falters
Thailand launched airstrikes along the disputed border with Cambodia on Monday as both sides accused the other of attacking first.
Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Entertainment
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Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Book excerpt: "The Colonel and the King" by Peter Guralnick
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.
Author Jan Karon on returning to Mitford: "I know that we don't have forever anymore"
The bestselling author had said she would no longer write novels set in the make-believe mountain village of Mitford. After the death of her daughter, she wrote through her grief – which led to her 15th Mitford book, "My Beloved."
Author Jan Karon on returning to Mitford
Novelist Jan Karon has written 25 bestsellers, including 15 about a make-believe mountain village, Mitford – stories in which the humanity of her characters is evoked in what she calls "a place of refuge." Karon talks with Faith Salie about discovering her voice as a writer at a very young age; the comforting qualities of her stories; and how the death of her daughter, Candace, led to her latest Mitford book, "My Beloved."
Extended interview: Ethan Hawke
In this web exclusive, actor Ethan Hawke talks with Tracy Smith about his first experiences with Broadway. He also discusses his films "Explorers," "Dead Poets Society," "Reality Bites," "Training Day," and his latest, "Blue Moon," Leonardo DiCaprio's success, and his obsession with Jack Nicholson's performance in "One Flew Over the Cuckoo's Nest."
Technology
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Technology
2025 holiday gift ideas from Techno Claus
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.
There's a new face in Hollywood, generated by AI
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?
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.
There's a new face in Hollywood, generated by AI
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. Jo Ling Kent talks with Tilly's creator, Eline Van der Velden, about her goal of producing "the Scarlett Johansson of the AI genre." Kent also talks with Kevin Reilly, CEO of Kartel ai, a Beverly Hills tech startup; and with SAG-AFTRA president Sean Astin, about the impact of AI on Hollywood and the actors' union.
Waymo says its cars are better at avoiding crashes
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
Science
More Science
"Space gum" discovered in asteroid Bennu samples, NASA reveals
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.
CEO of genetics firm says parents have a right to choose unborn child's traits
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.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
More Crime
Hitmen ambush and kill journalist who covered corruption
Fernando Nunezwas shot and killed by hitmen while returning from an assignment and his brother was critically injured, the ANP said.
Car bomb kills 5 people, including 3 officers, in front of police station
The explosion was so powerful that human remains were scattered throughout the area, police said.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Teen's sister looks to TikTok to help solve 25-year-old murder mystery
With her posts and pleas on TikTok, Molly Bish's sister hopes she will generate new tips that will finally solve her sister's Massachusetts murder case and put an end to a painful decades-old mystery.
How did teen Danni Houchins die? Her family's search for the truth
For years, the death of 15-year-old Danielle "Danni" Houchins had been shrouded in mystery. Montana investigators initially said it could have been a tragic accident, but her family always suspected something more sinister.
Space
More Space
"Space gum" discovered in asteroid Bennu samples, NASA reveals
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.
Air Force approves SpaceX launch pad expansion
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.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
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.
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.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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
WWII vet may be last to see Japan's surrender
John Lauritsen reports on Del Thielke, thought to be the last person alive who was present on the USS Missouri when Japan signed its Instrument of Surrender, ending World War II.
Wild horse prison program ending in Colorado
The end is near for a decades-long program that allowed incarcerated men in Colorado the chance to care for mustangs rounded up by the Bureau of Land Management. Kati Weis has more.
Debt levels growing amid holiday shopping
Economists say holiday spending is growing over last year, but at a slower pace. Americans are facing higher prices without seeing more in their paychecks and that's leading to tough decisions at the register. Lisa Rozner has more.
Bethlehem lights up 65-foot Christmas tree
The fragile ceasefire in Gaza has meant a return to some normalcy in the Israeli-occupied West Bank. Imtiaz Tyab reports from the city of Bethlehem.
Russia praises Trump's national security plan
Russia is welcoming President Trump's new U.S. national security strategy, calling it largely consistent with Moscow's "vision." Leigh Kiniry reports.