Fed Chair on why rates stayed steady
The Federal Reserve is keeping interest rates unchanged for now, but as many as two interest rate cuts could occur later this year. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Tariffs
Why the Fed held interest rates steady again
The Federal Reserve held its benchmark interest rate steady on Wednesday despite President Trump's push for a cut. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Data shows drop in U.S. retail sales in May
New economic data released Tuesday suggests the turmoil surrounding tariffs is affecting U.S. consumer spending. Retail sales in the U.S. dropped 0.9% in May, a sharp dip from the 0.1% decline the month before. Kelly O'Grady takes a look at the numbers.
At Home retailer files for bankruptcy. Here are stores that will close.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
Why Trump didn't sign G7 statement on Iran
President Trump attended a G7 summit in Canada on Monday, where he discussed the Israel-Iran conflict, but did not join other world leaders in signing a joint statement calling for de-escalation. CBS News senior White House correspondent Weijia Jiang has more.
Israel-Iran conflict looming over G7 summit
In Canada, President Trump met on Monday with the world's top democracies as a trade war he started brings the prospect of new deals or continued global economic uncertainty. On the trip, Mr. Trump said Iran wants to negotiate as Israel continues its aerial assault on the nation. CBS News' Holly Williams, Nancy Cordes and Robert Costa have the latest.
How will G7 leaders receive Trump
President Trump is meeting with other world leaders in Canada at the G7 summit during a period of global tensions. Max Bergmann, a director at the Center for Strategic and International Studies, joins CBS News with more.
G7 summit begins in Canada
The annual Group of Seven (G7) summit begins Monday in Alberta, Canada. President Trump and world leaders from Canada, France, Germany, Italy, Japan and the United Kingdom are expected to discuss the current conflict between Israel and Iran, as well as world trade. CBS News' Nancy Cordes has the latest.
Trump's tariffs impact the toy industry
The toy industry is dominated by imports, with the overwhelming majority of toys made overseas and shipped into the U.S. President Trump's tariffs have given domestic toy makers an opening, but not without risk.
Face The Nation: Gary Cohn and Jan Crawford
Missed the second half of the show? The latest on the U.S. trade deal with China and the Senate trial of President Donald Trump.
Ex-Trump adviser Gary Cohn: China tariffs "totally hurt the U.S."
The former top White House economic adviser said he does not believe the tariffs imposed on billions of dollars worth of goods imported from China helped the U.S. reach a preliminary trade deal with Beijing.
Thrifting interest explodes for Americans worried about rising clothing prices
The secondhand market is expected to more than double by 2028, according to a resale report from Thredup, an online thrift store.
Young Americans are embracing thrifting
Americans worried about costs have flocked to the used clothing market. Thrifting is an easy way to avoid tariffs, with prices generally 50% to 75% off of retail. Janet Shamlian reports.
The latest in U.S.-China trade talks
After two days of trade talks in London, President Trump says the U.S. and China have reached the framework of a deal. Scott Lincicome, a vice president at the Cato Institute's Center for Trade Policy Studies, joins to discuss.
What is the rare earth element samarium?
President Trump says a new trade framework with China will give the U.S. access to rare earth minerals. China has a tight grip on one element critical to U.S. military hardware: Samarium. Gracelin Baskaran, director of the Critical Minerals Security Program at CSIS, explains the element's significance.
More on trade framework between U.S., China
The Trump administration says it agreed to a framework for a trade deal with China. Plus, new data from the Labor Department shows inflation rose less than expected last month. CBS News' Olivia Rinaldi and Kelly O'Grady have more.
Bessent defends tariffs, U.S.-China trade deal
Rep. Linda Sánchez of California and Treasury Secretary Scott Bessent sparred over President Trump's tariff policy at a House hearing on the department's budget request. Sánchez questioned whether the Trump administration negotiated a good trade deal with China.
inflation rose less than expected, data shows
The latest Consumer Price Index (CPI) report shows that U.S. inflation rose by 0.1% in May, which is less than expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down. Also, CBS News' Natalie Brand has the latest updates from the White House as President Trump boasts about an agreement with China being close to the finish line.
Trump says U.S. trade deal with China is done after talks in London
U.S. and Chinese trade teams appeared to make modest progress a month before paused monster tariffs are due to resume, but Trump says a deal "is done."
Trump claims U.S. and China reached deal
President Trump is claiming that a trade deal with China is "done," but few details are known about the apparent agreement. This follows meetings between senior officials from both nations in London. CBS News' Natalie Brand reports.
Sen. Ernst discusses effect of China tariffs
Senator Joni Ernst, R-Iowa, joins Margaret Brennan to discuss NRA political contributions and how tariffs on China would affect American agriculture.
Secretary Mnuchin doesn't expect a trade war
Treasury Secretary Steven Mnuchin joins "Face the Nation" moderator Margaret Brennan to discuss the U.S. and China's trade tariff threats and the effects they are having on the markets.
What's the Trump administration Syria policy?
Ramesh Ponnuru, Julie Pace, Jeffrey Goldberg and Tolu Olorunnipa discuss the Trump administration's strategy in Syria and how tariffs are affecting American allies.
Rep. Hurd on House immigration bill
Rep. Will Hurd, R-Texas, discusses his dissatisfaction with the administration's new tariffs and the "discharge petition" he is helping to spearhead to force a vote in Congress on four immigration bills.
Markey: Dems "kept in the dark" on NK summit
Sen. Ed Markey, D-Massachusetts, joins "Face the Nation" moderator Margaret Brennan to discuss what he hopes will come out of the summit with North Korea and instituting tariffs in the name of national security.
Live
Trump says Strait of Hormuz deal could happen as soon as today
President Trump told reporters Tuesday evening that an announcement on the Strait of Hormuz could happen today or tomorrow, following talks between Iran and Oman.
Progressive Abdul El-Sayed projected to win Michigan Democratic Senate primary
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
White House declassifies info on secret FBI probe into Trump's firing of Comey
The White House has declassified information claiming the FBI probed whether President Trump acted as a Russian asset when he fired James Comey, a theory an administration official said wasn't backed up by evidence.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed has a narrow led in the state's Democratic Senate primary against Rep. Haley Stevens.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Senate confirms Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Pirro brought box of evidence to show Trump what caused Reflecting Pool damage
U.S. Attorney for D.C. Jeanine Pirro was seen with a large box as she left the White House Monday after her meeting with President Trump.
Perez Hilton hospitalized after livestreaming acts of self-harm, officials say
In the livestream, which has since been taken down, Hilton appears to be bloodied and in a distressed mental state.
Norah O'Donnell: 7 things I learned from trainer Kira Stokes
Kira Stokes, who has been in the fitness industry for three decades, taught me to treat movement as medicine for both your body and mind.
U.S.
More U.S.
Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Senate confirms Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed is now projected to win Michigan's Democratic Senate primary against Rep. Haley Stevens.
MoneyWatch
More MoneyWatch
Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
SpaceX shows strong growth in its first earnings report since IPO
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
Chipotle removes jalapeños linked to Minnesota salmonella outbreak
The restaurant chain said it pulled the peppers and replaced them with product from another grower amid a food-poisoning probe.
Politics
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Senate confirms Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Progressive Abdul El-Sayed projected to win Michigan Democratic Senate primary
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
Abdul El-Sayed says "there's a lot of healing to do" after Senate primary
Abdul El-Sayed is now projected to win Michigan's Democratic Senate primary against Rep. Haley Stevens.
HealthWatch
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Norah O'Donnell: 7 things I learned from trainer Kira Stokes
Kira Stokes, who has been in the fitness industry for three decades, taught me to treat movement as medicine for both your body and mind.
Exercise: Your Insurance Policy for the Future
In this episode of Healthful, Norah O'Donnell is joined by her personal trainer and fitness expert, Kira Stokes. Since they started exercising together 12 years ago, Kira pushed Norah to lift heavier weights - something Norah initially resisted. Norah has since learned that you lose up to 8-percent of your muscle mass every decade after the age of 30. The two discuss the emotional connection between movement and mental health, how to get started exercising, and what about those weighted vests! Plus - Norah answers what her favorite and least favorite exercises are. We'd love to hear what topics you want to hear covered on Healthful. Text Norah at 202-217-1107.
Chipotle suspected in salmonella outbreak
At least 110 people have fallen ill from salmonella in Minnesota, the vast majority of whom reported having eaten at the Mexican chain Chipotle. Tom Hanson has the story.
Michigan reports 2 cyclosporiasis deaths
Two people have died of cyclosporiasis in Michigan, officials said Monday, as the state battles the worst outbreak of the disease in the country. Carter Evans has the details.
Michigan health officials report 2 deaths among cyclosporiasis cases
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
World
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$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Baby "cocaine hippo" linked to infamous drug lord is rescued in Colombia
Colombia has around 200 so-called "cocaine hippos" living in the wild, all of which descended from a colony brought to South America by slain cocaine kingpin Pablo Escobar.
Record-low Danube River levels threaten shutdown of Hungary's nuclear plant
Three of four units of Hungary's Paks nuclear power plant were not in operation and the fourth was operating at about 50%, as of Wednesday morning.
Russian drone factory director seriously injured in car explosion
Vladimir Tkachuk has been pictured showcasing his drones to President Vladimir Putin.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
Entertainment
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Entertainment
Aaron Pierre talks new series, "Lanterns"
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
Stranger rescues band from car troubles
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
Ariana Grande on her plans to take break
One day after announcing she'll step back from the spotlight after her tour ends, Ariana Grande spoke directly to fans at Monday night's show in Chicago. The singer said the decision was her own and "was made from a thoughtful and empowered place."
Jordan Roth talks "The Shards"
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
Hollywood on hot streak at the box office
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
Technology
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Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
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.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
Myspace plans relaunch
Y2K nostalgia is in full swing -- and soon, 2000s social media site Myspace may be making a full comeback to the World Wide Web. TechRadar editor-at-large Lance Ulanoff shares his reaction.
Science
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Science
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Crime
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Crime
Latest details from Lindsay Clancy trial
The murder trial of Lindsay Clancy wrapped its seventh day on Wednesday. Clancy has admitted to killing her three children, but her defense says she was experiencing an extreme mental health crisis at the time of their deaths. CBS News' Shanelle Kaul has more.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Russian drone factory director seriously injured in car explosion
Vladimir Tkachuk has been pictured showcasing his drones to President Vladimir Putin.
What is postpartum psychosis?
Massachusetts mom Lindsay Clancy is on trial for murder after she allegedly killed her three children. Her lawyers say that she was overmedicated during her mental health crisis, which sparked postpartum psychosis. Dr. Veerle Bergink, director of Mount Sinai Women's Mental Health Center, explains more about postpartum mental health.
Lindsay Clancy speaks in court at her trial
In court on Tuesday, Lindsay Clancy spoke for the first time as she agreed to a "stipulation of facts" that would fast-track her trial. Her lawyers claim she was mentally ill and not responsible for her actions when she killed her three young children. Shanelle Kaul reports.
Space
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SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
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.
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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
SpaceX stock falls on high AI spending
CBS News business contributor Javier David breaks down why SpaceX shares fell on Wednesday after the company announced higher spending on AI in its earnings report.
Spokane braces for continued fire danger
As wind conditions worsen, Washington officials are concerned that firefighters may have an even harder time containing the devastating fires burning the Spokane area. CBS News' Kris Van Cleave and Jessica Burch report.
Trump says Hormuz deal could happen Wednesday
President Trump told reporters "a lot of progress had been made" on reopening the Strait of Hormuz and suggested a deal could be announced as early as Wednesday. CBS News' Natalie Brand has the details.
8/4: The Takeout with Major Garrett
Five states held primary elections Tuesday, including a key Democratic Senate race between Abdul El-Sayed and Haley Stevens.
Info on secret FBI probe into Comey's firing
The White House on Wednesday released information claiming the FBI opened an investigation into whether President Trump was acting as an asset for Russia when he fired FBI Director James Comey. CBS News' Jake Rosen has more.