Air is rushing out of the post-election stock bubble
Fear of gridlock in Washington is eroding the ebullient sentiment that Wall Street has floated on since November
Tax Reform
Wall Street’s worst day since before Trump’s election
The Dow industrials and S&P 500 sell off by more than 1 percent for the first time in 110 trading sessions
Girding for a serious tax battle, retailers turn to funny ads
The National Retail Federation will air its “Saturday Night Live”-like infomercial parody about the GOP's border tax on...SNL
What Trump can learn from Reagan on tax reform
The president's 2016 overhaul faces huge obstacles – so looking at how his predecessor did it in 1986 might help
Why federal debt may have to explode before it shrinks
Trump's budget and tax strategy will likely cause the deficit to spike, but that may be the only way to get growth to climb
Wall Street wonders: Can Trump deliver the goods?
As the president prepares to address Congress on his plans, investing pros worry that his ambitious plans may bog down
Wall Street's 2017 is starting to echo 1987
For many of the same reasons, the Dow has now matched that year's best-ever run -- which ended in a market crash
Report: Treasury secretary eyes "ambitious timeline" for tax reform
Mnuchin admitted that it's an ambitious timeline and it could slip to later in the year
5 things that could stymie stocks' steady rise
Wall Street's relentless surge has the Dow nearing 21,000, but investors may be ignoring these undermining forces
Trump begins his second month in White House with major items on his plate
The administration is trying to make progress on healthcare and tax reform as Trump tries to move past controversies the dominated his first month
How would a "border adjustment tax" affect Americans?
This part of the GOP's massive corporate tax reform strategy could mean higher prices for consumers
Some Republicans hesitant to repeal Obamacare without replacement
Meanwhile, Senate Democrats stage late night talk-a-thon to condemn GOP rush to repeal health-care law
Trump's high-powered CEO council draws scrutiny
Among the power players advising the president-elect are chiefs of companies that hoard billions in corporate cash overseas
Speaker Ryan wants "leaner, meaner" tax code
House Speaker Paul Ryan says tax reform is the way to grow the economy
For some in middle class, Trump plan would hike taxes
Analysis of Trump's tax ideas shows most middle-class families would see modest cut -- but nearly 8 million would pay more
If Clinton wins, consider these tax moves before year-end
Given the changes the Democrat front-runner is proposing, your tax planning may need some shifting after Nov. 8
Commentary: Trump's tax dodge -- what's fair got to do with it?
For economists, Donald Trump's $916 million tax write-off offers a prime example of how hard it is to measure tax fairness
Comparison: Trump vs. Clinton on the economy
The two presidential candidates have offered competing proposals to create jobs and grow the economy - how do their plans stack up?
Marco Rubio defends tax reform proposals
Critics worry Rubio's ambitious tax plans would explode the federal deficit, but the GOP candidate says otherwise
How will Donald Trump pay for his economic proposals?
GOP candidate tells "Face the Nation" the key to paying for his ambitious agenda, including his tax reform plans, is economic growth
Live
Iran says it has no plans to attend peace talks with U.S.
Iran balks at Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
8 children killed in mass shooting in Shreveport, Louisiana
The gunman, who is also dead, shot 10 people in total, according to police. All eight who died were children from 3 to 11 years old, police said.
Exclusive
U.S. Army sergeant's wife detained by ICE in Texas after immigration appointment
The wife of a 27-year Army sergeant was detained by ICE at an immigration appointment in Texas. He says he doesn't understand why, and "ICE is out of control right now."
Major earthquake off Japan's north coast prompts tsunami warning
An earthquake with a preliminary magnitude of 7.5 has struck off Japan's northern coast, prompting a tsunami alert across the region.
What it could take for the U.S. to remove highly enriched uranium from Iran
The fate of the Iran war centers on highly enriched uranium, an essential ingredient for nuclear weapons. A post-Soviet-era operation that could inform a U.S. recovery mission in Iran.
How dangerous trucking companies escape their past and get back on the road
As truck traffic increases, government and industry haven't been able to stop thousands of so-called "chameleon carriers," with deadly consequences.
Exclusive
House GOP touts record fundraising haul in first three months of 2026
The National Republican Congressional Committee, House Republicans' campaign arm, is touting a record-breaking fundraising haul to start the 2026 midterm cycle, the committee chairman told CBS News.
5 wounded in shooting near University of Iowa, including 3 students
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
Mother, 6 kids die in central Pennsylvania house explosion
A mother and her six children died when their Central Pennsylvania home exploded and caught on fire Sunday morning, state police said.
U.S.
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House GOP touts record fundraising haul in first three months of 2026
The National Republican Congressional Committee, House Republicans' campaign arm, is touting a record-breaking fundraising haul to start the 2026 midterm cycle, the committee chairman told CBS News.
Strike on alleged drug boat kills 3 in Caribbean Sea, U.S. military says
The U.S. military said it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea.
Canada's leader describes ties to U.S. as "weaknesses that we must correct"
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
Full transcript of "Face the Nation with Margaret Brennan," April 19, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.N. Ambassador Mike Waltz and former Attorney General Eric Holder join Margaret Brennan.
Mike Waltz says U.S. is "never going to take an approach of trust" with Iran
U.N. Ambassador Mike Waltz said Sunday that the U.S. is "never going to take an approach of trust" with Iran as U.S. officials are set to head to Islamabad for a second round of talks this week.
MoneyWatch
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Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Airlines cut routes in response to rising jet fuel costs amid Iran war
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Oil prices plummet after Iran says Strait of Hormuz is "completely open"
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Here's who is spending money on AI subscriptions, and how much they cost
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
Politics
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Exclusive
U.S. Army sergeant's wife detained by ICE in Texas after immigration appointment
The wife of a 27-year Army sergeant was detained by ICE at an immigration appointment in Texas. He says he doesn't understand why, and "ICE is out of control right now."
Exclusive
House GOP touts record fundraising haul in first three months of 2026
The National Republican Congressional Committee, House Republicans' campaign arm, is touting a record-breaking fundraising haul to start the 2026 midterm cycle, the committee chairman told CBS News.
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Strike on alleged drug boat kills 3 in Caribbean Sea, U.S. military says
The U.S. military said it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea.
Canada's leader describes ties to U.S. as "weaknesses that we must correct"
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
HealthWatch
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Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
World
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Live
Iran says it has no plans to attend peace talks with U.S.
Iran balks at Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
Fugitive on Europe's most wanted list is captured in Mexico
Janos Balla, also known as Daniel Takacs, was taken into custody in the beach resort city of Cancun, officials said.
Major earthquake off Japan's north coast prompts tsunami alert
An earthquake with a preliminary magnitude of 7.5 has struck off Japan's northern coast, prompting a tsunami alert across the region.
Strike on alleged drug boat kills 3 in Caribbean Sea, U.S. military says
The U.S. military said it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea.
Canada's leader describes ties to U.S. as "weaknesses that we must correct"
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
Entertainment
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Entertainment
4/19: Sunday Morning
Hosted by Jane Pauley. Featured: The purge of immigration judges; seeking accountability in trucking accidents; Don Cheadle and Ayo Edebiri on Broadway; portraitist Michael Shane Neal; the legacy of woodworker George Nakashima; an operatic car salesman; and Earth Day stories of advances in sustainability.
A portrait of portraitist Michael Shane Neal
Michael Shane Neal, perhaps America's greatest living portraitist, recently fulfilled a long-held ambition: to paint a living president. He talks with correspondent Martha Teichner about producing a portrait of former President Joe Biden. He also discusses "being in the zone" while painting a portrait; following in the footsteps of famed artists Everett Raymond Kinstler and John Singer Sargent; and becoming a TikTok fashion icon.
"Proof": Don Cheadle and Ayo Edebiri make their Broadway bows
The celebrated actors are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own.
Extended interview: Ayo Edebiri and Don Cheadle
In this web exclusive, actors Ayo Edebiri ("The Bear") and Don Cheadle ("Hotel Rwanda") talk with Tracy Smith about making their Broadway debuts in the revival of "Proof." They also discuss their love of live theater, and the early roles that inspired their passion for acting.
"Proof": Don Cheadle and Ayo Edebiri make their Broadway bows
Celebrated actors Don Cheadle and Ayo Edebiri are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own. Cheadle and Edebiri talk with Tracy Smith about exploring the dynamics of a parent-child relationship, and how their off-stage relationship helps them on-stage.
Technology
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Technology
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
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.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Can Allbirds take flight as an AI company?
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Science
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Science
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Breeding a better bread
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Crime
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Fugitive on Europe's most wanted list is captured in Mexico
Janos Balla, also known as Daniel Takacs, was taken into custody in the beach resort city of Cancun, officials said.
5 hurt in shooting near University of Iowa
Five people were injured Sunday in a shooting near the University of Iowa's campus in Iowa City. No arrests have been made yet.
8 kids killed in Louisiana shooting
Eight kids ranging in age from 1 to 14 were killed Sunday morning in a Shreveport, Louisiana, mass shooting. Jason Allen reports.
Police give update on Louisiana mass shooting
Officials in Louisiana held a news conference after 10 people were shot in a domestic disturbance that left eight children dead. Corporal Chris Bordelon of the Shreveport Police Department, Mayor Tom Arceneaux and Chief Wayne Smith provided updates on Sunday afternoon.
5 wounded in shooting near University of Iowa, including 3 students
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
Space
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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.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
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
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Latest CBS News Videos
4/19/2026: Iran's HEU; One Mother's Story; Wild Concerto
First, U.S. eyes Iran's highly enriched uranium. Then, Rachel Goldberg-Polin | 60 Minutes Interview. And, turning recordings of animals into music.
4/19: CBS Weekend News
Eight kids killed in Louisiana shooting; U.S.-Iran ceasefire on shaky ground.
A day with a baby squirrel foster mom
Retired California teaching assistant Angel Barba has been a baby squirrel foster mom for the last seven years. Italy Hod reports.
The struggles of first-time homebuyers
First-time homebuyers make up just 21% of the market, and they face record-high prices, high interest rates and stiff competition from baby boomers. Carter Evans reports.
Latest news on Iran as ceasefire nears end
Charlie D'Agata, Olivia Rinaldi and Lana Zak report on the current state of Iran war, what we know about peace talks and how the conflict is spiking fuel prices here at home.