Fed warns of higher long-term interest rates
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
Tariffs
Walmart warns about Q2 price hikes
Walmart made headlines Thursday with an announcement warning consumers about impending price increases due to tariffs. MarketWatch financial columnist James Rogers joins CBS News with more details.
Report on Bondi's sale of Trump Media shares
Attorney General Pam Bondi sold at least $1 million worth of shares in Trump Media on "Liberation Day," when President Trump announced his sweeping tariffs, according to a government ethics transaction report. CBS News Department of Justice reporter Jake Rosen has more.
Walmart warns of price hikes due to tariffs
The Producer Price Index fell 0.5% in April, the largest decline since the COVID-19 pandemic began. Meanwhile, Walmart warned of price hikes due to President Trump's tariff plan despite recent trade deals. Barron's senior writer Megan Leonhardt joins CBS News 24/7 to break it down.
Apr 10: CBS News 24/7, 1pm ET
President Trump holds a Cabinet meeting at the White House; House lawmakers approve key budget resolution.
Apr 10: CBS News 24/7, 10am ET
More market volatility expected after surprise tariff pause; Hero dog touring U.S. to raise awareness for animal abuse.
Apr 10: CBS News 24/7, 4pm ET
Helicopter crashes into river in New York City; Dow tumbles 1,000 points after historic rally
Bondi sold at least $1 million in Trump Media shares on "Liberation Day"
Attorney General Pam Bondi's stake in Trump Media was worth somewhere between $1 million and $5.5 million at the time of the sale, which occurred on April 2, documents showed.
U.S. toymaker on reduced China tariffs
The new U.S.-China tariff agreement went into effect on Wednesday, with some Chinese imports now facing a 30% tariff instead of 145%. Elenor Mak, founder and CEO of Jilly Bing, joins CBS News to discuss how the rollback is affecting her toy company's operations.
Toymaker says China tariff cut means "there's going to be a Christmas"
Jesusdoll.com CEO David Mauro said his toy company is racing to import inventory from China after the U.S. eased tariffs for 90 days.
Apr 9: CBS News 24/7, 10am ET
President Trump's new global tariffs take effect; Measles outbreak tops 600 cases in the U.S. across 23 states.
Apr 9: CBS News 24/7, 4pm ET
Trump increases tariffs on China to 125% while pausing tariffs beyond 10% for other countries; '60 Minutes' finds 75% of migrants deported to El Salvador prison had no criminal record.
Apr 9: CBS News 24/7, 1pm ET
President Trump welcomes global leaders to the White House for negotiations over reciprocal tariffs; The White House pauses tariffs on most nations for 90 days but raises taxes on Chinese imports.
What's next for U.S. ports?
The U.S. and China have agreed to a 90-day tariff reduction with the Trump administration lowering import taxes on Chinese goods from 145% to 30% on Wednesday. Port of Los Angeles executive director Gene Seroka joins "The Daily Report" to discuss.
Inflation rate hits lowest level since 2021
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Inflation rate rose by 2.3% in April, CPI report shows. Here's what it means.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Cost of auto parts rises in April
New data on Tuesday showed inflation cooled in April as President Trump rolled out his sweeping tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
New data on inflation, price changes
New Consumer Price Index data showed inflation cooled and some prices dropped. The numbers, however, do show higher prices on auto parts impacted by President Trump's tariffs. CBS News' Kelly O'Grady reports.
A tariff loophole expires Friday. Here's what that means for shoppers.
Cheaper goods from China are no longer exempt from import duties, which could sharply raise prices for consumers.
New data on Trump tariffs effect
New Consumer Price Index data shows inflation is still affecting Americans and depicts the initial effects of President Trump's tariffs. CBS MoneyWatch correspondent Kelly O'Grady reports.
Apr 8: CBS News 24/7, 4pm ET
President Trump to sign executive order aimed at revitalizing the coal industry; Scientists claim to successfully revive once extinct Dire wolf.
Apr 8: CBS News 24/7, 1pm ET
President Trump holds a call with the acting president of South Korea to discuss a potential tariff deal; In shrinking rural towns, these Texas high schools are teaming up to stay alive.
Apr 8: CBS News 24/7, 10am ET
Stocks rebounding after wild day on Wall Street; Supreme Court lifted a federal judge's order that blocked the Trump administration from using the Alien Enemies Act to deport migrants to El Salvador.
U.S.-China tariff truce offers relief — and plenty of uncertainty
Here's what an agreement by the U.S. and China to suspend steep tariffs for 90 days means for consumers, businesses and the economy.
Small business owner on China tariff reduction
Effective Wednesday, the U.S. and China have agreed to lower tariffs on each other's products for 90 days to give trade negotiations room to move forward. David Mauro, the founder of JesusDolls.com, joins CBS News to discuss what the tariff reduction means for his small business.
Live
Iran war pushes oil prices to 4-year high as Hegseth faces lawmakers
Oil prices hit a 4-year high as Axios reports Trump will hear new options to try to break the Strait of Hormuz standoff with Iran with a new wave of attacks.
Exclusive
Coast Guard operating in "crisis" as shutdown halts pay, strains missions overseas
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
House approves Senate bill to fund DHS and end 76-day shutdown
The House on Thursday unanimously approved a Senate-passed bill to reopen the Department of Homeland Security, sending it to the president's desk.
U.K. raises terrorism threat level to "severe" after stabbing attack
The U.K. has raised its national threat level from "substantial" to "severe," citing the increasing threat of Islamist and extreme right-wing terrorism in the country.
Trump pulls Casey Means' nomination as surgeon general, naming new pick
President Trump blamed Republican Sen. Bill Cassidy for Casey Mean's nomination stalling in the Senate.
Suspect in D.C. shooting held in "safe cell," agrees to remain jailed ahead of trial
Cole Allen, 31, is facing three charges related to the attack outside the White House Correspondents' Dinner, including attempting to assassinate President Trump.
Exclusive
Fire aboard Navy destroyer USS Higgins, officials say
One of the officials told CBS News that the fire knocked out power and propulsion on the guided-missile destroyer, a mainstay of the Navy's forward presence in Asia.
Camp Mystic withdraws application for 2026 camp license, will not reopen
This comes on the heels of the first public hearing over last summer's Fourth of July floods that killed more than 100 people across the Hill Country, including 27 girls at Camp Mystic.
Louisiana suspends House primaries for May 16 elections
Louisiana Secretary of State Nancy Landry said Thursday that the state will suspend its May 16 House primaries in the wake of the Supreme Court striking down the state's Congressional map.
U.S.
More U.S.
Funding cuts for fentanyl test strips raise concerns: "It doesn't make sense"
Test strips cost about $1 each and can be used to check drugs for dangerous contaminants, including fentanyl and xylazine.
Senate rejects 6th Iran war powers resolution ahead of 60-day deadline
The Senate rejected Democrats' sixth attempt to limit President Trump's authority to wage war on Iran.
Spotify's new badge identifies human artists as AI music floods include
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Louisiana suspends House primaries for May 16 elections
Louisiana Secretary of State Nancy Landry said Thursday that the state will suspend its May 16 House primaries in the wake of the Supreme Court striking down the state's Congressional map.
Thermos recalls 8.2 million containers after stoppers caused vision loss
The Thermos Stainless King Food Jars and Thermos Sportsman Food & Beverage Bottles were sold at Walmart, Target and Amazon.com.
MoneyWatch
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Spotify's new badge identifies human artists as AI music floods include
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Thermos recalls 8.2 million containers after stoppers caused vision loss
The Thermos Stainless King Food Jars and Thermos Sportsman Food & Beverage Bottles were sold at Walmart, Target and Amazon.com.
Buying a computer? AI is making it more expensive.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
GDP rose at 2% annual rate in first quarter as U.S. economy rebounds
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
Oil prices hit wartime peak, with Brent crude touching $126 a barrel
Brent crude surged past $126 a barrel early Thursday, while U.S. gasoline prices jumped to $4.30 a gallon.
Politics
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What states could try to redistrict and add more GOP seats
The Supreme Court's ruling on Wednesday about Louisiana's congressional map could have implications for several states as it narrowed the section of the Voting Rights Act about majority-minority districts.
Iran war's true cost closer to $50 billion, not $25 billion, U.S. officials say
A Pentagon official publicly placed the Department of Defense's cost for Operation Epic Fury at $25 billion.
Funding cuts for fentanyl test strips raise concerns: "It doesn't make sense"
Test strips cost about $1 each and can be used to check drugs for dangerous contaminants, including fentanyl and xylazine.
Congress passes another short-term FISA extension, hours before deadline
The House and Senate on Thursday passed an extension of a key surveillance authority that allows U.S. intelligence agencies to spy on foreigners without a warrant, the latest in a back-and-forth over the expiring program.
Senate rejects 6th Iran war powers resolution ahead of 60-day deadline
The Senate rejected Democrats' sixth attempt to limit President Trump's authority to wage war on Iran.
HealthWatch
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Funding cuts for fentanyl test strips raise concerns: "It doesn't make sense"
Test strips cost about $1 each and can be used to check drugs for dangerous contaminants, including fentanyl and xylazine.
RFK Jr.'s healthy food agenda puts hospitals on notice about patients' meals
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
Beyond crisis lines: How broader suicide prevention helps people in need
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
World
More World
U.K. raises terrorism threat level to "severe" after stabbing attack
The U.K. has raised its national threat level from "substantial" to "severe," citing the increasing threat of Islamist and extreme right-wing terrorism in the country.
Jewish Londoners describe "utter horror" and living in fear after latest attack
"We've been warning about this for a long time," one local resident told CBS News. "It's like a tsunami — you see the smaller waves before the big one hits."
Tina Brown: King showed U.S.-U.K. ties are "bigger than current politics"
CBS News contributor Tina Brown said King Charles' address to Congress during his visit to the U.S. showed "the meaning of monarchy."
Exclusive
Fire aboard Navy destroyer USS Higgins, officials say
One of the officials told CBS News that the fire knocked out power and propulsion on the guided-missile destroyer, a mainstay of the Navy's forward presence in Asia.
Mexico wants evidence to back up U.S. drug charges against officials
The U.S. Justice Department accused Sinaloa Governor Ruben Rocha Moya and nine other officials of working with the notorious Sinaloa cartel.
Entertainment
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Entertainment
A look at Spencer Pratt's mayoral campaign
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Stars preview "Devil Wears Prada 2"
Meryl Streep, Anne Hathaway, Emily Blunt and Stanley Tucci are reprising their iconic roles for "The Devil Wears Prada 2" 20 years after the original film was released. The stars speak to "CBS Mornings" co-host Gayle King and give an inside look at the movie.
Eliminated survivor contestant on new twist
(Warning: Spoilers ahead!) The fifth member of the "Survivor 50" jury, who was eliminated during Wednesday's episode, talks about being voted off and a huge twist in the game.
David Allan Coe, singer who wrote "Take This Job and Shove It," dies at 86
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
New details in case against singer D4vd
Musician D4vd was in a Los Angeles court on Wednesday as prosecutors laid out a timeline and highlighted new details in their case against him in the murder of Celeste Rivas Hernandez. The singer has pleaded not guilty to the charges. Warning, the details in this story are disturbing.
Technology
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Spotify's new badge identifies human artists as AI music floods include
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Buying a computer? AI is making it more expensive.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
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.
Tech companies post earnings amid bubble concerns
Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
Elon Musk tells court he was a "fool" for funding OpenAI
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
Science
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Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
Crime
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Crime
Cole Allen to remain in jail ahead of trial
Cole Allen, the suspect linked to the shooting at the White House Correspondents' Dinner, has agreed to remain jailed ahead of his trial. CBS News' Anna Schecter and Melissa Quinn report.
Mexico wants evidence to back up U.S. drug charges against officials
The U.S. Justice Department accused Sinaloa Governor Ruben Rocha Moya and nine other officials of working with the notorious Sinaloa cartel.
Officials release apparent Cole Allen photos
Cole Allen apparently took a selfie while armed, minutes before the White House Correspondents' Dinner shooting in Washington, D.C., on Saturday night. CBS News' Katrina Kaufman and Sam Vinograd have more.
New memo detail Cole Allen's movements
A memorandum filed in federal court on Wednesday includes details about Cole Allen's movements before his encounter with U.S. Secret Service officers at the White House Correspondents' Dinner on Saturday. CBS News' Anna Schecter reports.
New Orleans sheriff indicted after investigation into escape of 10 inmates
Orleans Parish Sheriff Susan Hutson was indicted on 30 felony counts after a probe into one of the largest jailbreaks in U.S. history, which occurred under her watch.
Space
More Space
SpaceX launches Falcon Heavy rocket carrying powerful satellite
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
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.
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
A look at Spencer Pratt's mayoral campaign
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Oil prices hit 4-year high amid Iran war
Oil surged overnight Wednesday into Thursday to $126 a barrel, before eventually falling. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Trump on foreign investments in U.S., more
President Trump took questions from reporters at the Oval Office on Thursday after signing an executive order on retirement planning. CBS News senior White House and political correspondent Ed O'Keefe joins following the president's remarks.
Kelly slams Hegseth at hearing
Democratic Sen. Mark Kelly criticized Defense Secretary Pete Hegseth for his answers to questions during a hearing before the Senate Armed Services Committee.
Designing Life | 60 Minutes Archive
In 2010, Steve Kroft profiled microbiologist J. Craig Venter, known for his work in mapping the human genetic code. At the time, Venter had announced his team had created "the first synthetic species," a bacteria designed with man-made DNA. Venter died Wednesday at the age of 79.