Trump's import change could drive up prices
An exemption that allowed low-value parcels shipped to the United States to avoid tariffs has ended, the Trump administration said. Imtiaz Tyab has more on the fallout.
Tariffs
Court rules most of Trump tariffs are illegal
A federal appeals court on Friday ruled that most of President Trump's global tariffs are unconstitutional. Plus, a federal judge heard arguments on Friday from Federal Reserve Governor Lisa Cook's lawyers for an emergency temporary restraining order to block President Trump from ousting her. CBS News White House reporter Aaron Navarro has more.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Vital import tax exemption scrapped
The Trump administration is scrapping the de minimis tax exemption for parcels valued at $800 or less. BancAlliance's Lori Bettinger joins CBS News with more details.
"De minimis" U.S. tariffs exemption ends for low-value imports
An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
Trump's 50% tariffs on India now in effect
President Trump's steep 50% tariff on Indian goods is now in effect. The president had initially announced a 25% tariff on India, but earlier this month he signed an executive order imposing an additional 25% tax because India buys Russian oil. CBS News business contributor Javier David has more.
Whirlpool hopes Trump's tariffs will give company a competitive edge
Here's why American appliance maker Whirlpool thinks Trump's tariffs will help its business.
Whirlpool bets on tariffs to boost sales
Whirlpool, which makes 80% of its appliances in the U.S., is looking to ramp up production as the Trump administration's new tariffs take effect. Senior vice president Jason Ebert talks about how the company hopes tariffs will help it compete with foreign rivals.
Reporter's Notebook: Economic data vs. narrative
President Trump's praise of a controversial ad campaign gave American Eagle a boost, but his tariffs weigh heavier than words. "CBS Evening News" co-anchor John Dickerson explains.
Several countries suspend shipments to U.S.
India, France and Austria joined a growing list of countries Monday that have suspended postal shipments to the United States over President Trump's import tariffs. CBS News senior business and tech correspondent Jo Ling Kent has more.
Canada to remove retaliatory tariffs on many U.S. goods
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
Products impacted by U.S.-EU trade deal
The Trump administration and the European Union are sharing new information about a trade framework between the EU and United States. CBS News senior business and technology correspondent Jo Ling Kent has the details.
PS5 gets price hike after Trump tariffs
Sony is raising prices on all three of its PlayStation 5 consoles by about $50 in the U.S. due to what the company calls "challenging economic times." And earlier this month, Nintendo announced it would also raise prices due to market conditions. CNET consumer insights editor Dashia Milden joins CBS News to discuss what other products could soon cost more.
U.S. reaches EU trade agreement framework
The U.S. has released details on the framework for a trade agreement with the European Union. Allie Kelly, a Business Insider economy reporter, joins CBS News with more information.
4 reasons why the Trump tariffs haven't caused U.S. inflation to soar
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Trump expanding steel and aluminum tariffs
The Trump administration says it is adding 407 items to the list of "derivative" steel and aluminum products subject to higher tariffs. The list includes products like car parts, household appliances, baby strollers, fire extinguishers and spray deodorants. Axios business reporter Nathan Bomey joins CBS News to discuss.
S&P reaffirms the U.S. credit rating, citing higher tariff revenue
S&P said it is maintaining the AA+ rating on the U.S. as it expects tariff revenue will shore up the nation's finances.
Back to school season is here. See these tips to save money.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
Iowa National Guard to help ICE operations
Iowa Republican Gov. Kim Reynolds this week directed the state's National Guard to assist with Immigration and Customs Enforcement operations beginning in September. CBS News Iowa station KCCI's chief political reporter Amanda Rooker joins "The Takeout" to discuss.
July wholesale prices up more than expected
The Dow Jones dipped slightly on Thursday after new inflation data showed that wholesale prices rose more than expected last month. CBS News senior business and technology correspondent Jo Ling Kent reports.
PPI report shows biggest surge in three years. Here's what that means.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Consumers are skipping their usual fast-food breakfasts. Here's why.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
Breaking down Trump's economic actions
A new Wall Street Journal article says that President Trump is emulating the Chinese Communist Party by extending political control deep into the economy. Barry Naughton, a professor from the University of California, San Diego, joins "The Takeout" to discuss the article.
Current economic impact of Trump's tariffs
The Producer Price Index, which shows the wholesale cost of goods, is set to be released Thursday with economists saying it will give better insight into how President Trump's tariffs are impacting the U.S. economy. Constance Hunter, chief economist at the Economist Intelligence Unit, joins CBS News to discuss.
In U.N. speech, Trump threatens to "annihilate" Iran and defends foreign policy
President Trump said he could "annihilate" Iran while predicting that Tehran would make a deal to end the war after the U.S. midterm elections.
Exclusive
U.S. to welcome up to 17,500 more White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
Exclusive
Ukraine ready to sign landmark drone defense deal with U.S., sources say
Sources tell CBS News that Ukraine is ready to sign a landmark drone defense deal with the U.S., as new details of Ukrainian technology helping defend U.S. bases in the Middle East come to light.
Supreme Court stays out of custody dispute between California couple and surrogate
Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
Live
U.S., Iran hold talks as Trump weighs cutting a deal or driving Iran "into hell"
President Trump tells the U.N. he has a "big decision to make" on whether to make a deal or drive Iran "into hell."
Hurricane Polo grows into powerful Category 5 storm off Mexico. See its path.
Hurricane Polo rapidly intensified in the Pacific off the southwestern Mexican coast, growing into a Category 5 storm. Here's the latest on its path.
Hayden Panettiere died from accidental overdose, autopsy finds
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was accidental.
ICE officer who shot Venezuelan man wasn't wearing body camera, sources say
The ICE officer who shot a Venezuelan delivery driver was not wearing a body camera at the time of the shooting, sources familiar with the investigation told CBS News.
Exclusive
5 moments from Patrick Clancy's 60 Minutes interview
Patrick Clancy sat down with 60 Minutes in New York City for a lengthy conversation about his ex-wife Lindsay Clancy's struggles with mental health, his grief and the social media frenzy surrounding him.
U.S.
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Meta's Muse shopping agent is a hit, as AI commerce starts to take off
Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
Andreessen Horowitz launches AI school as college alternative
One of Silicon Valley's most prominent venture investors is gearing its new tech academy toward aspiring entrepreneurs focused on building AI.
Supreme Court stays out of custody dispute between California couple and surrogate
Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
What is the White House press pool and how does it work?
President Trump's move to ban CNN, MS NOW and Politico from the White House has highlighted the role of the press pool.
Exclusive
U.S. to welcome up to 17,500 more White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
MoneyWatch
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Meta's Muse shopping agent is a hit, as AI commerce starts to take off
Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
Andreessen Horowitz launches AI school as college alternative
One of Silicon Valley's most prominent venture investors is gearing its new tech academy toward aspiring entrepreneurs focused on building AI.
3 guys hacked OpenAI using a rival Anthropic model. Here's what to know.
Cybersecurity researchers from a small firm called Hacktron in India broke into OpenAI, showing how vulnerable frontier labs are.
Diesel prices just hit a new record. Would a U.S. export ban bring relief?
Some lawmakers want to halt U.S. diesel exports as prices top $6.50 a gallon. But such a ban could have unintended consequences, experts say.
Have an Apple iPhone 15 or 16? How to file a claim for up to $95.
The claims window is open until Dec. 21, 2026. To file a claim, iPhone users must enter basic personal info and their iPhone's serial number.
Politics
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DOJ charges Utah postal worker for allegedly dumping mail ballots in trash
The Justice Department says a U.S. Postal Service letter carrier in Utah threw out more than 300 mail ballots that were being sent to voters for the state's June primary.
Supreme Court stays out of custody dispute between California couple and surrogate
Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
What is the White House press pool and how does it work?
President Trump's move to ban CNN, MS NOW and Politico from the White House has highlighted the role of the press pool.
Exclusive
U.S. to welcome up to 17,500 more White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
ICE officer who shot Venezuelan man wasn't wearing body camera, sources say
The ICE officer who shot a Venezuelan delivery driver was not wearing a body camera at the time of the shooting, sources familiar with the investigation told CBS News.
HealthWatch
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Even the smallest joys can help prevent suicide, researchers say
New research highlights common themes shared by people who found reasons to keep living through dark times.
First on CBS
JB Pritzker reveals GLP-1 use, pressed on possible presidential run
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
Her son was dying, but his rare cancer made it difficult to get the right drug
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
Her postpartum symptoms wouldn't go away. A brain tumor was to blame.
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
RFK Jr. tells anti-vaccine activists they have a "friend in the White House"
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
World
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Exclusive
Ukraine ready to sign landmark drone defense deal with U.S., sources say
Sources tell CBS News that Ukraine is ready to sign a landmark drone defense deal with the U.S., as new details of Ukrainian technology helping defend U.S. bases in the Middle East come to light.
Georgia couple who survived Nepal flood shares their story
Mita and Hemant Parikh decided to split from their group and take a side trip during their long-planned pilgrimage. They're now safely back home, but none of the families they were traveling with have been found.
Exclusive
U.S. to welcome up to 17,500 more White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
Senators press Rubio to prioritize release of American held in Iran
Reza Valizadeh, a U.S.-Iranian dual citizen and former journalist for U.S.-funded broadcaster Radio Farda, has been imprisoned in Iran since September 2024.
U.S. fighter jet crashes at air base in Germany, injuring pilot
The U.S. Air Base Spangdahlem said that the pilot ejected and was receiving medical care.
Entertainment
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Entertainment
Hayden Panettiere cause of death revealed
Actress Hayden Panettiere died from an accidental overdose of fentanyl and several other drugs, according to a coroner in South Carolina. Lilia Luciano reports.
Hayden Panettiere died from accidental overdose
A South Carolina coroner revealed Tuesday that actor Hayden Panettiere died from an accidental overdose of several drugs, including fentanyl. CBS News national correspondent Lilia Luciano has more.
Judge Judy reflects on 30-year career
Judith Sheindlin, known on TV as Judge Judy, sits down with "CBS Mornings" to discuss her 30-year career as she passes the torch to her son, Adam.
Grandmaster Flash talks new book on hip-hop
Grandmaster Flash speaks with Nate Burleson about his new book, "Birth of a Culture," where he gives readers an intimate look at his role in the birth of hip-hop.
Hayden Panettiere died from accidental overdose, autopsy finds
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was due to an accidental overdose of several drugs, including fentanyl.
Technology
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Technology
How a "swarm" of AI agents hacked a company
Experts are worried about the dangers of "swarms" of AI models coming together to accomplish a complex task for nefarious reasons. CBS News' Megan Cerullo breaks down what this means.
Downloads surge for Meta's new AI agent Muse
Meta's new AI personal assistant, Muse, has reached the top of the U.S. App Store charts, surpassing competitor ChatGPT. CBS News digital reporter Lauren Fichten details how the app's popularity is helping Meta play catch-up in the AI race.
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.
Trump rejects calls to rein in AI
At the U.N. General Assembly on Tuesday, President Trump told world leaders that the U.S. rejects efforts to rein in artificial intelligence. Stephen Witt, a journalist focused on AI, joins "The Takeout" with analysis.
Meta's Muse shopping agent is a hit, as AI commerce starts to take off
Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
Science
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Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
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Crime
Concerns over kids' safety getting off the bus
When a school bus stops to pick up kids, the other cars on the road are supposed to stop with it. But thousands of times a day, they do not. As Mark Strassmann reports, some areas have found a way to crack down.
Hayden Panettiere cause of death revealed
Actress Hayden Panettiere died from an accidental overdose of fentanyl and several other drugs, according to a coroner in South Carolina. Lilia Luciano reports.
Political donations form family tied to suspected Chinese spy
A family tied to a suspected Chinese spy made $4.4 million in donations to California politicians, including Gov. Newsom, a CBS News investigation found. CBS News' Josh Boswell breaks it down.
Man shot by ICE: "I'm not doing well"
Wilber Rafael Garces Perez was shot in the back by an Immigration and Customs Enforcement agent in Austin, Texas. Garces Perez's lawyer says he had a work permit and was seeking asylum but had missed a deportation order sent to an old address. CBS News' Jason Allen reports.
"Looksmaxxing" influencer Clavicular charged with rape in Massachusetts
Online personality "Clavicular," whose real name is Braden Peters, faces two felony charges and one misdemeanor charge. He denies the allegations.
Space
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NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
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.
Latest Galleries
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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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Latest CBS News Videos
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Latest CBS News Videos
Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
Trump hosting Rodríguez at world leader dinner
President Trump is hosting acting Venezuelan President Delcy Rodríguez at a dinner for world leaders while they are both in New York for the U.N. General Assembly. CBS News national correspondent Lilia Luciano has more.
U.S. accepting White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 more White South Africans as refugees over the next 12 months. CBS News immigration correspondent Camilo Montoya-Galvez reports.
New book shares stories from Afghan refugees
Diana Kapp is co-author of "The Last Free Women," which details the bravery of women who escaped the Taliban regime to build new lives in America. She and Mursal Rahim, one of the Afghan refugees featured in the book, join "The Daily Report" to discuss their stories.
Police release new video of man shot by ICE
The Austin Police Department on Tuesday released new video of the man shot by ICE in Texas over the weekend. CBS News' Jason Allen has more.