What could Trump's return, and his tariffs, actually mean for China?
Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.
Taxes
How billionaires could benefit from Trump win
Billionaires backed President-elect Donald Trump's bid to get back in the White House, but now that the deal is done, what could they get in return? CBS News investigative reporter Dan Klaidman joins "America Decides" with more.
Trump lays out some economic proposals
Voters consistently list the economy as one of the top issues that drove them to the polls. CBS News contributor J.D. Durkin breaks down President-elect Donald Trump's economic proposals and what they mean for Americans' finances.
Detroit to become largest city in U.S. to accept cryptocurrency for taxes
City officials said payments will be made through a secure platform and managed by PayPal.
5 ways Trump's presidency could affect the economy — and your money
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
Former Trump adviser on U.S. economic outlook
Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.
Here's how Harris and Trump's tax plans would impact your taxes
Harris and Trump both have proposed historically large tax overhauls. Here's what to know.
IRS increases pension and retirement plan contribution limits for 2025
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
Impact of Trump proposals on Social Security
A new analysis suggests former President Donald Trump's economic proposals, should he win the election, could speed up when the Social Security trust fund runs out of money. This is according to a report by the nonpartisan group Committee for a Responsible Federal Budget. Marc Goldwein, senior vice president and senior policy director for the group, joins CBS News to unpack the findings.
The IRS has announced its new 2025 tax brackets. Here's what to know.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
How the 2025 tax brackets impact you
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.
Trump's Social Security plan could lead to 33% benefits cut: Analysis
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.
Here's who would benefit from Trump's tax plan on car loan interest
Donald Trump is proposing making interest on car loans tax-deductible. But the benefit would mostly help high earners.
What Kamala Harris says her tax plans mean for voters
The economy has weighed heavily on voters' minds as the Nov. 5 presidential election nears. Vice President Kamala Harris shares her plans.
Walz, Vance lay out campaigns' economic plans
The Wharton School says Harris and Trump campaigns' economic proposals would increase the national deficit. "CBS Evening News" anchor and managing editor Norah O'Donnell asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance how they would pay for the plans without ballooning the deficit.
The IRS will soon set its new 2025 tax brackets. Here's what to know.
The IRS adjusts its tax brackets and other provisions each year for inflation. Here's what experts say to expect in 2025.
Trump pledges lower taxes in Georgia
Former President Donald Trump outlined his plan to lower taxes for American manufacturing in Georgia on the campaign trail Tuesday, while Vice President Kamala Harris' campaign held a "Republicans for Harris-Walz" event. CBS News chief election and campaign correspondent Robert Costa and CBS News digital reporter Aaron Navarro have the latest.
Tab for Trump's tax proposals is adding up. Can the U.S. afford them?
Former President Donald Trump has unveiled a flurry of proposed tax cuts aimed at seniors, homeowners, tipped workers and more.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Trump wants to eliminate the $10,000 SALT deduction cap he created
Donald Trump is proposing to reverse a key element of his signature 2017 tax law that affected millions of homeowners. Here's what to know.
Harris and Trump push for Child Tax Credit hike
Government figures show it now costs more than $300,000 to raise a child from birth to age 18. Since 1997, the federal child tax credit has been helping parents save a little bit of that money. Now, both the Harris and Trump campaigns are proposing supersized versions of the tax break. Nancy Cordes reports.
Trump repeats false Haitian migrants rumor
The presidential candidates hit more battleground states on Friday, with Vice President Kamala Harris visiting two towns in Pennsylvania and former President Donald Trump holding a rally in Nevada. Trump repeated a widely debunked rumor that undocumented Haitian migrants in Springfield, Ohio, are eating people's pets. CBS News campaign reporter Katrina Kaufman has more.
Gov. Cooper: Harris can "carve her own way"
North Carolina Gov. Roy Cooper says Vice President Kamala Harris is "her own person" and has already shown that she wants a way forward while outlining some of her positions on the campaign trail. "It's a pretty clear choice for me," Cooper told CBS News' Caitlin Huey-Burns ahead of Tuesday's debate between Harris and former President Donald Trump.
Apple must pay Ireland more than $14 billion in back taxes, court rules
Ruling comes on same day EU court enforces whopping $2.7 billion penalty against Apple in long-running antitrust case.
IRS has recovered $1.3 billion in unpaid taxes from rich Americans
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Live
U.S.-Iran ceasefire tested as U.S. guides ships through Strait of Hormuz
Hegseth said the ceasefire with Iran "certainly holds" for now after a naval clash between Iranian and U.S. forces and renewed attacks on the UAE.
Exclusive
Homan: "Things weren't perfect" in Minneapolis, but ICE not backing down
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
Exclusive
In Lynette Hooker probe, Coast Guard seeks info about mystery sailboat
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
Accused correspondents' dinner shooter charged with assaulting a federal officer
Accused White House Correspondents' Dinner attacker Cole Allen was indicted Tuesday on four charges, including a new charge of assaulting a federal officer.
2 dead, 3 injured in shooting at Texas shopping center
The incident happened at about 10 a.m. The Carrollton Police Department, Texas Department of Public Safety and other agencies are on scene.
What to know about Tuesday's primaries in Ohio and Indiana
Voters are going to the polls Tuesday in Ohio and Indiana — in the Buckeye State, they'll be casting ballots in Senate, House and governor's primary races, while Hoosiers will weigh in on House and state races.
Hantavirus possibly transmitted human to human on stricken cruise ship, WHO says
Passengers aboard the ship are in good spirits but may have to quarantine for "eight weeks," a World Health Organization official told CBS News.
Exclusive
Activist who protested outside Stephen Miller's home won't face state charges
Local activist Barbara Wien will not be criminally charged for doxxing top White House aide Stephen Miller, according to a court filing.
Amid attacks by Trump, Justice Gorsuch says "my loyalty is to the Constitution"
President Trump has attacked Justices Neil Gorsuch and Amy Coney Barrett for voting to strike down his most sweeping tariffs.
U.S.
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Exclusive
Homan: "Things weren't perfect" in Minneapolis, but ICE not backing down
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
EEOC sues New York Times, alleging bias against White male worker
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
Exclusive
In Lynette Hooker probe, Coast Guard seeks info about mystery sailboat
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
Exclusive
Activist who protested outside Stephen Miller's home won't face state charges
Local activist Barbara Wien will not be criminally charged for doxxing top White House aide Stephen Miller, according to a court filing.
Meta trained its AI on copyrighted work, new lawsuit alleges
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
MoneyWatch
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EEOC sues New York Times, alleging bias against White male worker
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
Meta trained its AI on copyrighted work, new lawsuit alleges
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
Delta ending food and beverage service on shorter flights
Routes that are under a certain distance will no longer offer food and beverage service, the airline said.
Utz potato chips sold nationwide recalled over salmonella risk
Utz Quality Foods is recalling some of its Zapp's and Dirty brand potato chips because an ingredient may be contaminated by salmonella.
UnitedHealthcare to cut prior authorization for 30% of treatments
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Politics
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Exclusive
Homan: "Things weren't perfect" in Minneapolis, but ICE not backing down
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
Accused correspondents' dinner shooter charged with assaulting a federal officer
Accused White House Correspondents' Dinner attacker Cole Allen was indicted Tuesday on four charges, including a new charge of assaulting a federal officer.
Exclusive
Activist who protested outside Stephen Miller's home won't face state charges
Local activist Barbara Wien will not be criminally charged for doxxing top White House aide Stephen Miller, according to a court filing.
Amid attacks by Trump, Justice Gorsuch says "my loyalty is to the Constitution"
President Trump has attacked Justices Neil Gorsuch and Amy Coney Barrett for voting to strike down his most sweeping tariffs.
Hegseth says "ceasefire is not over" after Strait of Hormuz exchange of fire
Iranian vessels fired on U.S. ships guiding vessels through the Strait of Hormuz, resulting in the U.S. sinking several small Iranian boats.
HealthWatch
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How hantavirus may have spread aboard a cruise ship
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
UnitedHealthcare to cut prior authorization for 30% of treatments
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Latest on apparent hantavirus cruise outbreak
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
Alito temporarily restores FDA rule allowing abortion pill to be sent by mail
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
Apparent hantavirus outbreak kills 3 on cruise ship, sickens at least 3 more
A suspected outbreak of the rare hantavirus on a cruise ship in the Atlantic off Africa killed three people and sickened at least three others, health officials say.
World
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How hantavirus may have spread aboard a cruise ship
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
Amsterdam bans advertising for meat and fossil fuels in public places
The city, known for its tolerance of some drugs and sex work, no longer allows ads for airlines, cruises, beef, chicken, pork or fish products.
U.K. counter-terror police investigate arson at former synagogue
Keir Starmer warned Tuesday that there would be "consequences" if Iran is proven to be behind a recent series of antisemitic attacks in the capital.
Hegseth says "ceasefire is not over" after Strait of Hormuz exchange of fire
Iranian vessels fired on U.S. ships guiding vessels through the Strait of Hormuz, resulting in the U.S. sinking several small Iranian boats.
Hantavirus possibly transmitted human to human on stricken cruise ship, WHO says
Passengers aboard the ship are in good spirits but may have to quarantine for "eight weeks," a World Health Organization official told CBS News.
Entertainment
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Entertainment
Douglas Stuart reads "John of John" excerpt
Oprah Winfrey selected "John of John" by award-winning author Douglas Stuart, known for "Shuggie Bain," as her latest book club pick. Watch the author, Douglas Stuart, read an excerpt from his novel that Winfrey calls " a complex and compelling tale that ultimately showcases the transformational power of love."
Details from the Met Gala red carpet
CBS News' Adriana Diaz and contributor Lauren Sherman join CBS News 24/7 to share details from the 2026 Met Gala.
Breaking down the 2026 Tony Awards nominees
The nominees for the 79th annual Tony Awards, which air on CBS on June 7, were revealed on Tuesday. CBS News New York's Dave Carlin joins with more.
Zac Posen on Kendall Jenner's Met Gala look
GAP Inc. executive vice president and creative director Zac Posen discusses designing model Kendall Jenner's dress for this year's Met Gala. He also dives into other looks that stood out at the annual event.
Stars shine at Met Gala
Stars shined at fashion's biggest night of the year on Monday, the Met Gala. This year's event was co-chaired by Beyoncé, Nicole Kidman and Venus Williams. Outside the museum, protesters gathered holding letters that spelled out "tax the rich." Adriana Diaz reports.
Technology
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Coinbase to lay off 700 workers as crypto company embraces AI
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
Pennsylvania suing Character AI, claims chatbot posed as medical professional
A Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
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.
GameStop offers to buy eBay for $55.5 billion, threatens hostile bid
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
Almanac: May 3
"Sunday Morning" looks back at historical events on this date.
Science
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Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
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.
Crime
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Tanner Horner sentenced to death in murder of 7-year-old Athena Strand
A Tarrant County jury sentenced Tanner Horner to death for the 2022 kidnapping and murder of 7-year-old Athena Strand.
2 dead, 3 injured in shooting at Carrollton shopping center, police say
The incident happened at about 10 a.m. The Carrollton Police Department, Texas Department of Public Safety and other agencies are on scene.
Judge apologizes to Cole Allen for treatment
A federal judge apologized to Cole Allen, the suspect in the White House Correspondents' Dinner shooting case, for what he saw as overly restrictive and punitive conditions at the D.C. jail where he's being held. CBS News' Katrina Kaufman reports.
Infamous drug lord pens letters from U.S. prison, citing "cruel punishment"
Joaquin "El Chapo" Guzman is serving a life sentence at a maximum security facility in Colorado.
Gunman shot near Washington Monument
The White House was on lockdown Monday afternoon after the Secret Service shot a gunman just blocks away near the Washington Monument. Nicole Sganga reports.
Space
More Space
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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
Homan: "Things weren't perfect" in Minneapolis
Border czar Tom Homan acknowledged "things weren't perfect" in the immigration crackdown in Minneapolis, but highlighted his efforts to make changes after President Trump sent him to the city following the deadly shooting of Alex Pretti. "Things weren't perfect. We addressed it. We fixed it," Homan told CBS News immigration correspondent Camilo Montoya-Galvez in an exclusive interview.
Abortion numbers increase since 2022: study
Nearly four years after the Supreme Court overturned Roe v. Wade, a new study found the number of abortions nationwide has slightly increased. The news comes during a renewed legal battle over access to the abortion pill mifepristone. Alina Salganicoff, senior vice president and director of the KFF Women's Health Policy Program, joins CBS News to discuss.
Two killed in Texas shopping center shooting
Police gave an update Tuesday on a shooting at a Dallas-area shopping center that killed two people. The suspect is in custody, authorities said.
Hegseth says Iran ceasefire is holding
Defense Secretary Pete Hegseth said Tuesday that the U.S.-Iran ceasefire is holding. He called Project Freedom, the effort to guide commercial ships through the Strait of Hormuz that drew Iranian attacks on Monday, a separate and "temporary" operation. CBS News' Natalie Brand and Eleanor Watson have more.
Tennessee, Alabama considering redistriciting
The nationwide partisan congressional redistricting push have come to Tennessee and Alabama. CBS News' Nicole Valdes and Shawna Mizelle report.