Shippers say Strait of Hormuz fee would open "dangerous Pandora's Box"
Industry insiders say "there is no legal basis" for Trump to impose a 20% fee on cargo transiting the Strait of Hormuz, something he now says he's decided not to do.
Taxes
Millions of Americans have until July 10 to claim refunds from the IRS
A federal court ruling enabled some taxpayers to seek refunds tied to COVID-era filing deadlines. But that window expires July 10 — here's what to know.
Affordable Care Act enrollment down, costs up
New federal data shows that Affordable Care Act enrollments are down by nearly 3 million people. Premiums jumped at the start of 2026 after Congress let COVID-era federal subsidies expire. CBS News medical correspondent Dr. Céline Gounder joins with analysis.
Here's who won — and lost — under Trump's "big, beautiful bill"
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
1 year of Trump's "One Big Beautiful Bill Act"
President Trump on Monday launched a program offering tax-deferred investment accounts for children under 18. The Trump Accounts were created under the president's massive tax and spending law, which Congress passed last year. CBS News MoneyWatch reporter Megan Cerullo has more.
CPA examines Trump's $1.4 billion crypto income
President Trump's recent financial disclosure showed he made $1.4 billion off his cryptocurrency ventures in 2025. Shehan Chandrasekera, CPA and head of tax strategy at CoinTracker, joins with analysis.
New questions about Trump's taxes
President Trump's financial disclosure is raising many questions. For some, these include ethical concerns about whether he is profiting from the presidency. It's also highlighting another mystery: how much is he paying in taxes? CBS News senior White House correspondent Weijia Jiang has more.
How will Trump's crypto income be taxed?
President Trump made $1.4 billion through his crypto ventures in 2025, according to a new financial disclosure. CBS News senior White House correspondent Weijia Jiang has reporting on the potential tax payments the president may have to make based on those profits.
Taxes on Trump's $1.4 billion crypto income could total hundreds of millions
The White House declined to say how much President Trump paid in taxes on his crypto windfall.
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
Newsom proposes federal billionaire tax and AI "public equity" fund
As California Gov. Gavin Newsom eyes a 2028 presidential bid, he's calling for a national tax on billionaires and a public stake in AI, though he opposes a state ballot measure to tax billionaires.
New report reveals White House ballroom costs
A new Washington Post report says President Trump's White House ballroom could cost $600 million, with half the cost borne by taxpayers. Sarah Blaskey, an investigative reporter at The Washington Post who helped break the story, joins "The Takeout" to discuss.
Lawmakers react to Trump's IRS settlement
President Trump's settlement with the IRS is getting mixed reactions from some Republicans and fierce pushback from Democrats. Former Republican Rep. Peter Meijer of Michigan and Democratic strategist Cameron French join with analysis.
Trump pushes for pause on federal gas tax
President Trump told CBS News exclusively on Monday that he wants to suspend the federal gas tax to give Americans some relief at the pump as the war with Iran continues. CBS News senior White House and political correspondent Ed O'Keefe has more.
Would a federal gas tax pause benefit Americans?
President Trump told CBS News on Monday that he wants to suspend the federal fuel tax as the war with Iran continues to send gas prices skyrocketing. CBS News business contributor Javier David joins with analysis.
Stocks stay strong despite Iran war uncertainty
Despite the ongoing war in Iran and high gas prices, stocks started trading higher on Monday. The S&P 500 and Nasdaq both hit record highs, bolstered by the tech sector. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
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.
California billionaire tax secures enough signatures to make ballot
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Trump accuses Mamdani of "DESTROYING New York"
More than 100 days into Zohran Mamdani's term as New York City mayor, his unlikely relationship with President Trump is in part defining the democratic socialist's time in office. But on Thursday, the president took to social media to rebuke Mamdani. Political strategists Chuck Rocha and Harrison Fields join "The Takeout" with analysis.
What to know before Tax Day ends
This year's Tax Day ends at midnight on Wednesday. Spencer Jakab, a columnist for The Wall Street Journal, joins CBS News with more details.
Most Americans say they pay too much in taxes. Here's what the data shows.
Six in 10 Americans say they pay more than their fair share in taxes, recent polling shows. Only one-third believe they pay the right amount.
Property taxes are surging. See what homeowners pay by state and county.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
Sponsored
Last-minute tax tips
CBS News business analyst Jill Schlesinger gives last-minute tax tips for anyone who hasn't filed yet. Most Americans have until April 15 to file their tax return, request an extension to file and pay any taxes owed. (Sponsored by Edward Jones)
Should you rely on AI to do your taxes? Experts warn of risks.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
As wealth taxes gain traction, Warren proposes levy on the ultra-rich
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
What's wrong with Congress?
Congress was granted many powers under Article I of the Constitution. Nonetheless, lawmakers have ceded much of their authority to the president – and Washington has been plagued by gridlock.
Live
U.S. concludes 8th night of strikes on Iran after Iranian attack kills 2 U.S. soldiers
In addition to the two U.S. service members killed, a third is missing in action, U.S. Central Command said.
Northeast, Mid-Atlantic under tornadoes and flood risk as wildfire smoke lingers
A severe weather threat is in effect from the Ohio Valley through the Mid-Atlantic and Northeast.
Body found at Boston home owned by husband of Rep. Ayanna Pressley
Boston police are investigating the discovery Saturday of a dead body that was found at a property that is owned by the husband of Congresswoman Ayanna Pressley.
U.S. citizen who was trapped in Iran for a year is home, lawyer says
A U.S.-Iranian woman who was trapped in Iran on allegations of espionage and collaborating with a hostile state that her attorney called "bogus" departed the country earlier this week.
Russia launches deadly, massive ballistic missile attack in Kyiv, Ukraine
One person was killed and 16 others wounded in the overnight Russian attack on Kyiv, local authorities said.
Mexican president to attend World Cup final at Trump's invitation amid trade tensions
It will be the first meeting between President Trump and Sheinbaum since December after months of verbal sparring. Canadian Prime Minister Mark Carney is also expected to attend.
Social media influencers Andrew and Tristan Tate arrested in Miami
Influencer brothers Andrew and Tristan Tate have been arrested by federal authorities Saturday in Miami.
2 U.S. service members killed, 1 missing following Iranian strike on Jordan
U.S. forces launched a new round of airstrikes against Iran Saturday evening at the direction of President Trump following the deaths of two U.S. service members.
U.S.
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Judge Ronald Gould on his MS: "Just take life a step at a time"
At 79, Ronald Gould, a federal judge on the Ninth Circuit Court of Appeals in Seattle, shoulders a full caseload despite living with progressive multiple sclerosis – a condition he faces with grit and a healthy dose of humor.
Pitch perfect: Developing natural grass for the World Cup
FIFA rules state that World Cup matches must be played on natural grass. For this year's tournament, scientifically-engineered sod (that can withstand playing conditions and differing climates) was deployed in stadiums with artificial turf.
How do Spain and Argentina stack up? World Cup final teams by the numbers.
Forty-eight nations competed in the largest FIFA World Cup in history and two are left standing, with Spain in search of its second World Cup title and Argentina shooting for back-to-back championships.
How to watch the 2026 FIFA Men's World Cup today
Spain will face Argentina in the 2026 FIFA Men's World Cup final match on July 19. Here's how and when to watch the soccer game.
Spain and Argentina's World Cup trophy count before 2026 final
When Spain and Argentina face off Sunday in the World Cup final, it will mark just the second meeting between the two sides in the tournament's history, and their first in 60 years.
MoneyWatch
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Target recalls over 200,000 children's sandals due to choking risk
Target said it received 23 reports of the sandal's pearls falling off the shoe.
DOJ says it's no longer illegal to download TikTok on federal devices
The Justice Department determined this week a federal law banning TikTok from government devices no longer applies to the social video app.
Taylor Farms pulls iceberg lettuce linked to cyclosporiasis outbreak
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Boomer wealth transfer will mostly benefit the already rich, report finds
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
Coca-Cola temporarily halts production of Fairlife milk after cyberattack
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
Politics
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Transcript: Border czar Tom Homan on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with Tom Homan, Trump administration border czar, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: New York Gov. Kathy Hochul on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with New York Gov. Kathy Hochul, a Democrat, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: Bank of America CEO Brian Moynihan on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the full transcript of an interview with Bank of America CEO Brian Moynihan, a portion of which aired on "Face the Nation with Margaret Brennan" on July 19, 2026. Editor's note: This interview was taped on July 16, 2026.
What's wrong with Congress?
Congress was granted many powers under Article I of the Constitution. Nonetheless, lawmakers have ceded much of their authority to the president – and Washington has been plagued by gridlock.
Body found at Boston home owned by husband of Rep. Ayanna Pressley
Boston police are investigating the discovery Saturday of a dead body that was found at a property that is owned by the husband of Congresswoman Ayanna Pressley.
HealthWatch
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HealthWatch
Judge Ronald Gould on persevering despite his MS
Ronald Gould is a federal judge on the Ninth Circuit Court of Appeals in Seattle, one rung below the U.S. Supreme Court. At 79, he shoulders a full caseload despite living with progressive multiple sclerosis. He talks with CBS News chief medical correspondent Dr. Jon LaPook about working with MS, a condition he faces with grit and a healthy dose of humor. LaPook also talks with one of Gould's former law clerks, Karla Gilbride, an attorney who has been blind since birth.
Ted Danson with 4 tips on aging creatively
Studies show that having a positive outlook about aging, and having good social networks, can have positive health benefits, from preventing memory loss to a longer life expectancy. Actor Ted Danson presents "Sunday Morning" viewers with advice on how to embrace aging.
Healthcare costs associated with aging out of reach for many Americans
One New York couple depleted their retirement and savings accounts, paying out-of-pocket for healthcare, before they were able to access Medicaid funds.
Healthcare out of reach for many aging Americans
One New York couple depleted their retirement and savings accounts, paying out of pocket for healthcare before they were able to access Medicaid funds. They are among many Americans facing the same challenges. Jericka Duncan has the story.
Outbreak sparks race to remove contaminated lettuce
A cyclospora outbreak, which has sickened thousands of people nationwide, is believed to have been traced to contaminated lettuce from Mexico supplied by produce giant Taylor Farms. Ian Lee has the latest.
World
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Transcript: Border czar Tom Homan on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with Tom Homan, Trump administration border czar, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: New York Gov. Kathy Hochul on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with New York Gov. Kathy Hochul, a Democrat, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: Bank of America CEO Brian Moynihan on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the full transcript of an interview with Bank of America CEO Brian Moynihan, a portion of which aired on "Face the Nation with Margaret Brennan" on July 19, 2026. Editor's note: This interview was taped on July 16, 2026.
Russia launches deadly, massive ballistic missile attack in Kyiv, Ukraine
One person was killed and 16 others wounded in the overnight Russian attack on Kyiv, local authorities said.
A look back at the 2022 FIFA World Cup final
As the 2026 World Cup draws to an end, take a look back at the memorable 2022 final match between Argentina and France.
Entertainment
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Sam Smith and the "gentle revolution" of "My Guy"
Rolling Stone writer Barry Walters, author of the music history "Mighty Real," says the latest ballad by British singer Sam Smith is a step forward from LGBTQ love songs being marginalized.
Sam Smith and the "gentle revolution" of "My Guy"
Rolling Stone writer Barry Walters, author of the music history "Mighty Real," says the latest ballad by British singer Sam Smith is a step forward from LGBTQ love songs being marginalized.
"Stuart Fails to Save the Universe": Comedy that breaks the rules (and the multiverse)
A new HBO Max comedy series – a spin-off from "The Big Bang Theory" – features comic book store owner Stuart Bloom (Kevin Sussman) as an unlikely action hero trying to restore order to a disintegrating universe. Luke Burbank talks with Sussman, co-star Lauren Lapkus, and series creators Chuck Lorre, Bill Prady and Zak Penn, about taking "The Big Bang Theory" characters into uncharted worlds.
Shania Twain on her "very long road" to getting it right
Throughout family hardships, divorce, and losing her voice to Lyme disease, Shania Twain became the top-selling female country artist of all time. She talks about her biographical new album, "Little Miss Twain," in which she reflects on her life with a smile.
Extended interview: Shania Twain
In this web exclusive, singer-songwriter Shania Twain, then performing at Wembley Stadium in London, talked with correspondent Seth Doane about the cathartic experience of creating her autobiographical new album, "Little Miss Twain."
Technology
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Technology
cbs-mornings-deals-071826
On this edition of CBS Mornings Deals, we show you items that will 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.
Erin Brockovich on data center regulation
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
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.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Mississippi residents decry data center plant
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
Science
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Science
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
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.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Crime
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Boxer Hannah Rapp struck and killed in Texas; driver arrested
Deputies in Brazos County have arrested Charles Medina, 31, charging him with manslaughter.
Searching for Maya Millete
A young mother disappears. Investigators say her husband contacted spellcasters to put a hex on his wife so she wouldn't leave him. "48 Hours" contributor Jonathan Vigliotti reports.
Where's Maya Millete? Family, friends continue search for missing California mom
A California mother disappears without a trace – did her husband try to have a hex put on her so she wouldn't leave him?
Feeding Our Future fraud ring's alleged No. 2 appears in court after Somalia arrest
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
Agent in ME shooting has violent record: AP
The ICE officer who shot and killed a Maine man has a history of violent behavior, the Associated Press reports, citing interviews with family and court records. CBS News' Camilo Montoya-Galvez has the latest.
Space
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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.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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.
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.
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.
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?
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
Nature: Scrub-jays in Florida
We leave you this Sunday with scrub-jays in the city of Rockledge, Florida. Videographer: Doug Jensen.
Full interview: Brian Moynihan
Watch Margaret Brennan's full interview with Bank of America CEO Brian Moynihan, a portion of which aired on July 19, 2026. Editor's note: This interview was taped on July 16, 2026.
Sam Smith and the "gentle revolution" of "My Guy"
Rolling Stone writer Barry Walters, author of the music history "Mighty Real," says the latest ballad by British singer Sam Smith is a step forward from LGBTQ love songs being marginalized.
"Stuart Fails to Save the Universe": Comedy that breaks the rules (and the multiverse)
A new HBO Max comedy series – a spin-off from "The Big Bang Theory" – features comic book store owner Stuart Bloom (Kevin Sussman) as an unlikely action hero trying to restore order to a disintegrating universe. Luke Burbank talks with Sussman, co-star Lauren Lapkus, and series creators Chuck Lorre, Bill Prady and Zak Penn, about taking "The Big Bang Theory" characters into uncharted worlds.
Extended interview: Shania Twain
In this web exclusive, singer-songwriter Shania Twain, then performing at Wembley Stadium in London, talked with correspondent Seth Doane about the cathartic experience of creating her autobiographical new album, "Little Miss Twain."