CBO: Trump budget bill would increase deficit
The Congressional Budget Office released new numbers on the monetary impacts of President Trump's budget bill and tariffs on Wednesday. CBS News chief White House correspondent Nancy Cordes reports.
Tariffs
Dollar Tree says U.S. tariffs could cut its Q2 profits in half
Dollar Tree CEO says "the tariff landscape is highly fluid and changing week to week," as the discount retailer slashes its earnings guidance.
Markets calm as tariffs take effect
U.S. stock markets appear calm as President Trump's doubled tariffs on foreign steel and aluminum take effect. This comes as new jobs report data emerges. CBS MoneyWatch correspondent Kelly O'Grady has more.
Investors react to doubled steel tariffs
Tariffs on steel and aluminum imports doubled from 25% to 50% Wednesday as President Trump's trade war ramped up. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Trump's tariffs take effect
President Trump's 50% tariffs on foreign steel and aluminum took effect Wednesday. Meanwhile, Mr. Trump is expecting to speak with Chinese President Xi Jinping later this week about trade. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the latest economic data, while CBS News' Natalie Brand has the latest updates from the White House.
Trump tariffs on steel, aluminum double
President Trump's steel and aluminum tariffs have officially doubled to 50%, and American manufacturing experts are warning that the costs will be passed down in the supply chain, possibly raising prices for consumers. CBS News' Natalie Brand reports.
U.S. doubles tariffs on steel and aluminum to 50%
A U.S. tariff on imports of steel and aluminum took effect Wednesday, doubling to 50% and casting a pall on a gathering of OECD ministers.
"Buy now, pay later" for groceries?
While "buy now, pay later" loans have been used for big-ticket items for years, new data shows that a growing number of American consumers use the method for everyday items. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Apr 29: CBS News 24/7, 1pm ET
Trump administration plans to ease some tariffs on automakers; Florida man jumps into alligator-inhabited lake to save injured bald eagle.
Apr 29: CBS News 24/7, 10am ET
President Trump to mark 100 days of second term with speech in Michigan; Congress divided over Trump's budget bill.
Apr 29: CBS News 24/7, 4pm ET
Trump to mark symbolic milestone with Michigan rally; President Trump promises no tax on tips, gains support from some congressmen and senators.
China, U.S. swap trade violation claims
China is pushing back against the U.S. after President Trump accused the country of violating a May 12 trade agreement. CBS News senior business and technology correspondent Jo Ling Kent reports.
Jan. 6 defendant rejects Trump pardon
A former Trump loyalist is rejecting a pardon for her role in the Jan. 6 Capitol riot. Pamela Hemphill was convicted of a misdemeanor for entering a restricted area during the 2021 attack. Wall Street Journal White House reporter Meridith McGraw, NOTUS reporter Jasmine Wright and CBS News Department of Justice correspondent Scott MacFarlane join to discuss.
China blasts White House trade claims
The Chinese Commerce Ministry said Monday that recent Trump administration moves, including plans to revoke visas for Chinese students, have violated the trade deal both countries agreed to in Geneva. The statement comes days after President Trump accused China of violating the trade agreement. CBS News' Ed O'Keefe has the latest, and CBS News MoneyWatch correspondent Kelly O'Grady has more on how markets are reacting.
U.S. steelmaker shares jump after Trump hikes industry tariffs to 50%
Shares of several major U.S. steel companies jumped Monday after President Trump said he would hike tariffs to 50%.
Trump, Xi will speak soon, official says
President Trump will speak with Chinese President Xi Jinping at some point in the near future, according to Treasury Secretary Scott Bessent. This comes after Mr. Trump said that China violated its trade agreement with the U.S. CBS News' Natalie Brand has the latest.
Trump's tariff hike on steel causes new uncertainty
President Trump on Friday announced a doubling of tariffs on foreign imports of steel and aluminum from 25% to 50%, which could threaten to impact the prices of cars, appliances and even construction supplies. Taurean Small has details.
Elon Musk gets Oval Office sendoff
Hours after Elon Musk's farewell ceremony in the Oval Office, a U.S. appeals court denied the Trump administration's request to resume mass firings of federal employees. Meanwhile, President Trump returned to a key battleground state for a rally after declaring new steel tariffs and announcing a deal with Japan's Nippon Steel.
Trump doubles steel tariffs as deal sparks hope
With his tariffs facing legal challenges and no big trade deal yet, President Trump hoped for an economic boost through what he called a "planned partnership" between Japan's Nippon Steel and U.S. Steel, which could save tens of thousands of jobs nationwide, including at least 11,000 around West Mifflin, Pennsylvania. Ed O'Keefe has more.
Trump announces doubled tariffs on steel
On Friday in Pennsylvania, President Trump announced that "we are going to be imposing a 25% increase, from 25% to 50%, the tariffs on steel into the U.S., which will even further secure the steel industry in the U.S." CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Trump tariff, trade deal updates
President Trump's sweeping tariffs were temporarily reinstated following a federal appeals court decision on Thursday. This comes after a federal trade court previously blocked most of Mr. Trump's levies against foreign nations. CBS News' Nancy Cordes breaks down the latest from the White House.
Uncertainty in battle over Trump's tariffs
A federal appeals court says President Trump's tariffs can stay in place for now. This came after the court of international trade ruled that they are likely illegal. The back-and-forth is happening as Elon Musk leaves his White House role. He told "CBS Sunday Morning" prior to the announcement of his departure that he has some "differences of opinion" with the Trump administration. Watch more of Pogue's interview with Musk this Sunday, only on "CBS Sunday Morning."
Big Lots leadership on impact of tariffs
Lisa Seigies, president and CEO of Variety Wholesalers, which purchased assets from the Chapter 11 bankruptcy of Big Lots last year, speaks to "CBS Mornings" about reopening stores and the impact of President Trump's tariffs.
Trump met with Fed chair Powell
President Trump met with Federal Reserve Chair Jerome Powell at the White House as the nation navigates prolonged inflation and a period of economic uncertainty. CBS News chief White House correspondent Nancy Cordes has more details.
Live
U.S., Iran hold first talks since June as Trump threatens annihilation
U.S. and Iranian delegations met on the sidelines of the U.N. General Assembly, rekindling diplomacy amid Trump's threat to "annihilate" the regime.
DOJ defends Trump media ban, citing national security and "professionalism"
The Justice Department claimed that reporting from CNN, MS NOW and Politico raises national security concerns and accused their journalists of failing to act with "professionalism and decorum."
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.
Wife of scholar detained in China wants Trump to press Xi to release him
Min Zin, a Myanmar scholar, has been held for more than 100 days at what human rights groups say is a "black site" in China.
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.
Hurricane Polo a very powerful Category 4 storm off Mexico. See its path.
Hurricane Polo intensified rapidly in the Pacific off the southwestern Mexican coast, growing into a Category 5 storm before weakening slightly to a Category 4. Here's the latest on its path.
These GOP candidates in tight races are calling for a quick end to Iran war
Some Trump-aligned candidates are calling for an end to the Iran war, even as Trump stands by his Iran strategy and has suggested escalation is possible.
Should the U.S. raise payroll taxes to save Social Security?
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
U.S.
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These GOP candidates in tight races are calling for a quick end to Iran war
Some Trump-aligned candidates are calling for an end to the Iran war, even as Trump stands by his Iran strategy and has suggested escalation is possible.
El Niño could cause 451,000 more heat deaths compared to normal year, group says
Researchers project nearly half a million more heat-related deaths from June 2026 to February 2027 compared with a typical year, as a result of El Niño.
Should the U.S. raise payroll taxes to save Social Security?
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
Shipwreck, apparent human remains found 7 years after boat sank in Atlantic
The non-profit Green Oceans asked the Coast Guard to reopen an investigation that had classified the F/V Mistress as lost.
Mortgage rates top 7% for the first time since May 2024
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
MoneyWatch
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Should the U.S. raise payroll taxes to save Social Security?
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
Mortgage rates top 7% for the first time since May 2024
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
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.
Politics
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These GOP candidates in tight races are calling for a quick end to Iran war
Some Trump-aligned candidates are calling for an end to the Iran war, even as Trump stands by his Iran strategy and has suggested escalation is possible.
DOJ defends Trump media ban, citing national security and "professionalism"
The Justice Department claimed that reporting from CNN, MS NOW and Politico raises national security concerns and accused their journalists of failing to act with "professionalism and decorum."
Wife of scholar detained in China wants Trump to press Xi to release him
Min Zin, a Myanmar scholar, has been held for more than 100 days at what human rights groups say is a "black site" in China.
Live
U.S., Iran hold first talks since June as Trump threatens annihilation
U.S. and Iranian delegations met on the sidelines of the U.N. General Assembly, rekindling diplomacy amid Trump's threat to "annihilate" the regime.
Redrawn Missouri congressional map lands before Supreme Court for third time
The fight over Missouri's congressional map returned to the U.S. Supreme Court for a third time after an appeals court ordered the revival of new districts backed by President Trump.
HealthWatch
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Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
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.
World
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El Niño could cause 451,000 more heat deaths compared to normal year, group says
Researchers project nearly half a million more heat-related deaths from June 2026 to February 2027 compared with a typical year, as a result of El Niño.
Wife of scholar detained in China wants Trump to press Xi to release him
Min Zin, a Myanmar scholar, has been held for more than 100 days at what human rights groups say is a "black site" in China.
Live
U.S., Iran hold first talks since June as Trump threatens annihilation
U.S. and Iranian delegations met on the sidelines of the U.N. General Assembly, rekindling diplomacy amid Trump's threat to "annihilate" the regime.
Ancient wall found under Paris hotel could confirm origins of city
The wall dating from the Gallo-Roman period was discovered beneath a hotel on the Île de la Cité, a stone's throw from Notre Dame Cathedral.
Venezuela blocks 3 attempts by opposition leader Machado to return, team says
Venezuelan opposition leader María Corina Machado tried 3 times to enter her country "by air and sea but has been turned away each time," her team says.
Entertainment
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Entertainment
Dolly Parton's estate in feud with her nephew
Dolly Parton's estate has accused her nephew, Bryan Seaver, of extortion. Seaver, who announced the singer's death last month, was also fired as her head of security. Adriana Diaz reports.
Taylor Swift announces new song out this week
Taylor Swift announced she's releasing a new song, "Patient Zero," on Friday. Jo Ling Kent reports.
Details on Hayden Panettiere's cause of death
Hayden Panettiere died of an accidental overdose involving fentanyl, the coroner's office said in its autopsy report. Lillia Luciano reports.
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.
Technology
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Technology
Trump to meet with China's XI over AI
President Trump has downplayed the threat posed by artificial intelligence amid growing calls for AI regulation. MIT professor and artificial intelligence expert Max Tegmark weighs in on Mr. Trump's planned meeting with China's Xi Jinping.
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.
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.
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.
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.
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
Nolan Wells' family demands answers
An attorney for the family of Mississippi teen Nolan Wells is calling for the Department of Justice to step in after a grand jury declined to charge anyone in his drowning death. CBS News' Skyler Henry reports.
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.
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.
Bone Loss: A Silent Disease
About half of women over the age of 50 experience bone density loss, but most don't even know they have a problem. That's why Dr. Jocelyn Wittstein calls it a "silent disease." Dr. Wittstein has been at the forefront of understanding how joint pain and joint health evolve over a woman's lifetime. She tells Norah how you can reverse bone loss and what impact hormones have on bone density.
Dolly Parton's estate in feud with her nephew
Dolly Parton's estate has accused her nephew, Bryan Seaver, of extortion. Seaver, who announced the singer's death last month, was also fired as her head of security. Adriana Diaz reports.
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that could help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Tips for taking care of your life insurance
Nearly 47% of American households say they feel financial hardship after a primary wage earner dies, according to a recent survey, which is where life insurance comes in. Jill Schlesinger joins with more.