Tech companies are facing reckoning over AI
Big tech companies that invested in artificial intelligence are grappling with its rising costs. Emily Bary, an assistant managing editor for tech at MarketWatch, joins CBS News with more.
Watch CBS News
Big tech companies that invested in artificial intelligence are grappling with its rising costs. Emily Bary, an assistant managing editor for tech at MarketWatch, joins CBS News with more.
Iowa is holding key primaries for the gubernatorial and U.S. Senate races as economic woes continue to plague farmers and others in the state. CBS News' Lana Zak reports.
President Trump wrapped up his trip to China, where he met with President Xi Jinping and discussed Iran, Taiwan, and potential trade deals. CBS News' Olivia Gazis breaks down the top highlights from the historic summit.
President Trump is headed back to the U.S. after a summit with President Xi Jinping in China. CBS News' Anna Coren, Olivia Rinaldi and Aaron MacLean report.
"I'd been checking the status feverishly to see if anything was in my bank account," one small business owner said.
Wednesday will mark the seventh meeting between President Trump and Chinese President Xi Jinping. Watch CBS News' coverage of previous meetings between the world leaders through the years.
President Trump departed the White House for Beijing on Tuesday to attend a summit with Chinese President Xi Jinping. Chris McGuire, senior fellow at the Council on Foreign Relations, joins CBS News to unpack the topics the leaders are expected to discuss.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
But after some early hiccups, the U.S. government's hub for businesses seeking tariff refunds is running smoothly, an expert says.
The first refund payments will go out later this month as the portal works through kinks to return money to businesses.
Detroit automaker expects big financial boost from refund of tariffs struck down earlier this year by the Supreme Court.
Canada's Prime Minister Mark Carney said Thursday that his country won't budge on the ban against U.S. liquor sales in most provinces because President Trump's tariffs started the trade battle. Ontario Premier Doug Ford joins "The Takeout" to discuss what it would take to lift the boycott.
Shippers have pledged to share refunds with customers who paid tariffs once the government issues refunds.
Business owners in the U.S. are reporting glitches and delays with the government's new tariff refund portal. CBS News' Shanelle Kaul has the latest.
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
Some businesses navigating the Trump administration portal for tariff refunds are encountering technology glitches. CBS News' Jo Ling Kent reports.
Beginning on Monday, businesses were able to apply for refunds for President Trump's tariffs that were later declared unconstitutional by the Supreme Court. Jo Ling Kent reports on some of the issues they're running into.
The Trump administration launched an online portal on Monday to begin refunding businesses impacted by tariffs the Supreme Court deemed illegal, but some have already reported issues with the system. CBS News MoneyWatch reporter Megan Cerullo has the details.
A federal agency on April 20 opened a portal that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
The U.S. government could be on the hook for up to $175 billion in reimbursements after the Supreme Court ruled most of the Trump administration's sweeping tariffs were illegal. On Monday, the government is set to start processing tariff refunds for businesses that request them. Jo Ling Kent explains.
Stocks jumped and oil prices fell on Wednesday following President Trump's announcement of a two-week ceasefire in the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more.
This week on "Face the Nation with Margaret Brennan," after a whiplash week of on-again, off-again tariff announcements, Canadian ambassador to the U.S. Kirsten Hillman joins to discuss the costs and consequences of a trade war. Plus, former White House Russia expert Fiona Hill discusses President Trump's diplomatic pivot on Ukraine.
The Trump administration has launched investigations into dozens of countries accused of failing to crack down on forced labor, flexing a law that lets the federal government impose tariffs.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
Those who were fired and sent to their home agencies didn't have tasks, or their assigned tasks were outdated, a source said.
The legislation aims to increase housing supply and lower costs. It marks a rare bipartisan legislative accomplishment for lawmakers.
The elections are testing New York City Mayor Zohran Mamdani's influence over city politics against House Minority Leader Hakeem Jeffries and Gov. Kathy Hochul.
President Trump's construction projects include restoring the Lincoln Memorial Reflecting Pool, building a 90,000-square-foot White House ballroom and a 250-foot triumphal arch.
Brad Lander has defeated two-term incumbent Congressman Dan Goldman for the Democratic nomination in New York's 10th Congressional District.
President Trump had endorsed both candidates in the runoff.
U.S. District Judge P. Casey Pitts in the Northern District of California ruled in a 71-page opinion Tuesday that multiple Trump administration policies were arbitrary and violated the Administrative Procedure Act.
Gen. Chris Donahue had clashed with Defense Secretary Pete Hegseth, multiple sources told CBS News.
In what is considered one of the most talented classes in recent memory, the Washington Wizards selected BYU small forward AJ Dybantsa with the No. 1 overall pick of the NBA Draft.
U.S. District Judge P. Casey Pitts in the Northern District of California ruled in a 71-page opinion Tuesday that multiple Trump administration policies were arbitrary and violated the Administrative Procedure Act.
The legislation aims to increase housing supply and lower costs. It marks a rare bipartisan legislative accomplishment for lawmakers.
Those who were fired and sent to their home agencies didn't have tasks, or their assigned tasks were outdated, a source said.
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
The legislation aims to increase housing supply and lower costs. It marks a rare bipartisan legislative accomplishment for lawmakers.
President Trump's construction projects include restoring the Lincoln Memorial Reflecting Pool, building a 90,000-square-foot White House ballroom and a 250-foot triumphal arch.
The ruling deals a setback to the "Make America Healthy Again" campaign, which seeks to curb purchases of foods officials say are unhealthy.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
Gen. Chris Donahue had clashed with Defense Secretary Pete Hegseth, multiple sources told CBS News.
U.S. District Judge P. Casey Pitts in the Northern District of California ruled in a 71-page opinion Tuesday that multiple Trump administration policies were arbitrary and violated the Administrative Procedure Act.
President Trump had endorsed both candidates in the runoff.
The legislation aims to increase housing supply and lower costs. It marks a rare bipartisan legislative accomplishment for lawmakers.
Those who were fired and sent to their home agencies didn't have tasks, or their assigned tasks were outdated, a source said.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
Army Secretary Dan Driscoll said Tuesday the Army will look into introducing electronic jamming to ranges so industry and Army soldiers can train in areas that simulate battlefield conditions.
Andy Burnham, Britain's likely next leader, hasn't said a lot about President Trump, but his few statements have been critical.
Most Britons say leaving the European Union was a mistake and they'd favor a new referendum, but politicians have little appetite to reopen the wound.
Millions in France are enduring extreme heat, with temperatures soaring and 40 drowning deaths reported since June 18.
Multiple Grammy-winning music executive Clive Davis, who helped launch the careers of such artists as Barry Manilow, Bruce Springsteen, Whitney Houston and Alicia Keys, died on June 22, 2026 at age 94. In this Oct. 23, 2011 "Sunday Morning" profile, Anthony Mason talked with Davis about his "accidental" career in music, and his comeback after losing his job as head of Columbia Records in the early '70s. Mason also attended one of Davis' legendary pre-Grammy parties, where Jennifer Hudson spoke about what she'd learned from her mentor.
Record label executive and starmaker Clive Davis died at 94 on Monday. His influence spans genres and decades. Music critic and Davis biographer Anthony DeCurtis reflects on the life and legacy of Clive Davis.
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Stocks slid around the world on Tuesday as investors pulled back from some of the biggest names in tech amid concerns about ongoing inflation and the possibility of future interest rate hikes. CBS News' Jo Ling Kent has more.
An international alliance warns that advanced artificial intelligence models are on the brink of being able to overwhelm cybersecurity systems for governments and businesses. Former CISA Director Chris Krebs joins with analysis.
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.
A massive tech stock sell-off dragged down the S&P 500 and Nasdaq on Tuesday. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The Supreme Court recently decided to reinstate the conviction of the man accused of kidnapping and murdering 6-year-old Etan Patz in 1979, bringing the case back into the public eye. "After Etan" author Lisa Cohen shares her thoughts on how the Etan Patz kidnapping changed how the public viewed missing children's cases.
Authorities believe that two ransom notes addressed to Nancy Guthrie's family shortly after her disappearance are linked to the same person or group. CBS News' Anna Schecter has more.
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
Two people are dead, including a police officer, after a suspect opened fire at police in Montreal. The suspect is also dead. Shanelle Kaul reports on the investigation. Warning, some of the video is graphic.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Five large, active wildfires were threatening homes and forcing evacuations in Utah Tuesday. They range from north of Salt Lake City, to south of Provo. Rob Marciano is tracking them.
Polymarket tells CBS News it is auditing its promotional content in response to a recent investigation by the Wall Street Journal. The newspaper found that the prediction market paid online content creators to produce videos showing them collectively winning a total of $1.9 million, but the Journal says those bets weren't real. One of the article's authors, Neil Mehta, joins "The Daily Report" to discuss.
Tuesday was another day of conflicting claims from the White House and Iran over what, if any, progress has been made toward permanently ending their conflict. New York Times diplomatic correspondent Edward Wong joins with analysis.
Sandra Brunson, mother of New York Knicks superstar Jalen Brunson, says she's texted her son words of encouragement before every game since he was in high school. "I still send them, and he looks forward to them," Brunson says. See the full interview with Dr. Jon LaPook, Friday on "CBS Mornings."
Sandra Brunson, the mother of NBA Finals MVP Jalen Brunson, says she told her son, "As a leader, he has to understand that everyone has a job to do and every one of his teammates has to feel comfortable in their role and believe in their role." See the full interview with Dr. Jon LaPook, Friday on "CBS Mornings."