Warren Buffett: Wealthy are "undertaxed" compared with rest of U.S.
Billionaire says the rich should pay more taxes to fix growing income inequality -- "I'm fine with it," he told CNBC
Warren Buffett
Kraft Heinz sees $16 billion in market value vanish
Wall Street analysts now question wisdom of 2015 Warren Buffett-steered merger that created packaged-food conglomerate
Kraft Heinz shares plunge after $15 billion write-down, investigation
Food giant's shares down 20% in after-hours trading on disclosure of a federal probe and a $15.4 billion write-down
How to make money in the stock market over time
Watching stocks swing up and down can be scary -- but not if you keep these basic investment tips in mind
Virgin founder Richard Branson says the rich may need "heavy taxes"
If wealthy can't make capitalism work for more people, "we deserve to have very heavy taxes," philanthropist says
Calendar: Week of August 27
From the U.S. Open Tennis Tournament to the funeral of Aretha Franklin, "Sunday Morning" takes a look at some notable events of the week ahead
Warren Buffett's firm boosts Apple, Teva investments
Berkshire Hathaway disclosed that it also cut its holdings in airline and banking companies
Berkshire Hathaway stock soars on buyback policy change
Warren Buffett's conglomerate gained $14,710 a share after it eased its restrictions on repurchases
Despite 70% price plunge, some bitcoin fans keep faith
A harrowing drop in cryptocurrency's price has even bitcoin boosters bracing for possibility of "more pain to come"
Buffett, Dimon: Companies should end quarterly profit forecasts
Biz leaders decry corporate chase to beat latest Wall Street numbers as "short termism" that hinders long-term investment
Want lunch with Warren Buffett? Auction opens for bidding
The annual event raises money for a charity that helps homeless people in San Francisco
Warren Buffett, Bill Gates beat up on bitcoin
Price falls after billionaires denounce investor speculation in the cryptocurrency as financial "dementia"
Warren Buffett's Berkshire Hathaway makes a huge bet on Apple
Adding 75 million Apple shares will make the tech bellwether an important part of Berkshire Hathaway's portfolio
Apple hits new high after Buffett reveals bigger stake
News that Berkshire Hathaway owns more than 240 million shares of Apple sends the tech giant's stock soaring
Warren Buffett's lenders accused of favoring white clients
Berkshire Hathaway-owned lenders show a pattern of favoring white borrowers, report claims
Ailing GE may get lifeline from Warren Buffett
America's most famous investor is ready to take a chance on the industrial giant, some Wall Street analysts think
3 pros who see a bull market still raring to run
Even the recent turn away from stocks posting ever-loftier records isn't shaking their faith that more highs are ahead
Forbes unveils its 2018 list of the world's billionaires
The list ranks the more than 2,200 billionaires around the world who hold a combined net worth of $9.1 trillion
Apple's biggest iPhone yet in the works: report
Tech titan said to be planning to release what would be one of the biggest smartphones on the market
Warren Buffett to investors: Stick with stocks
Berkshire Hathaway's CEO says it's a "terrible mistake" to measure investment risk via a bonds-to-stocks ratio
Buffett on GOP tax cut: A "huge tailwind" for businesses
The billionaire said American businesses will receive a significant boost from the cut in the corporate tax rate
Warren Buffett buys Teva shares, sells some Phillips 66
The two moves are part of recent investment portfolio adjustments at the billionaire's Berkshire Hathaway
Stocks fall sharply ahead of Trump's State of the Union
Dow plunges 362 points, as investors await the president's address for clues on U.S. trade policy
Amazon, JPMorgan, Berkshire to tackle "tapeworm" of health care costs
Amazon's Jeff Bezos and Berkshire's Warren Buffett say rising health care costs are hurting the U.S. economy
Jeff Bezos, world's richest man, adds $2.8B in one day: Fortune
Amazon stock rose 2.5 percent day after debut of Amazon Go, so value of CEO's shares soared, putting his net worth at about $113.5 billion, Fortune says
Hurricane Milton heads toward Florida's Gulf Coast; evacuation orders issued
Milton is a powerful Category 4 hurricane with a path forecast to bring it ashore along Florida's west coast this week.
Kamala Harris makes the case for why she should be president
In a 2024 election interview, Vice President Kamala Harris discusses the economy, immigration, the ongoing Ukraine and Mideast wars, and the differences between herself and former President Trump.
Why Hurricane Milton's storm surge threat is growing
As Hurricane Milton intensified on its path toward Florida's Gulf Coast, the strength of the system increased the severity of the storm surge forecast.
Biden to announce $2.6B in funding to replace all lead pipes in U.S.
The EPA estimates that nine million homes in the U.S. have lead pipes.
CIA director warns "misjudgments" could escalate Mideast conflict
CIA Director William Burns warned Monday of the potential for simmering clashes in the Middle East to spread across the region.
Maps show forecast path of Hurricane Milton toward Florida
Forecasters predict Hurricane Milton will make landfall around the Tampa Bay area Wednesday as a major hurricane.
Kamala Harris defends record on immigration: "Solutions are at hand"
Republicans have pounded Vice President Kamala Harris on immigration. She's announced plans to enact tougher border restrictions and has called on Congress to act on long-term solutions.
How living in extended-stay hotels can affect the health of poor kids
Living in extended-stay hotels, often a last resort for low-income families trying to avoid homelessness, can lead to or exacerbate various children's physical and mental health issues, advocates say.
Can gun storage initiatives help prevent suicides?
Advocates for these initiatives say they can save lives through safely storing firearms for people at risk of suicide.
U.S.
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Biden to announce $2.6B in funding to replace all lead pipes throughout the U.S.
The EPA estimates that nine million homes in the U.S. have lead pipes.
CIA director warns "misjudgments" could further escalate Middle East conflict
CIA Director William Burns warned Monday of the potential for simmering clashes in the Middle East to spread across the region.
Why Hurricane Milton's storm surge threat is growing
As Hurricane Milton intensified on its path toward Florida's Gulf Coast, the strength of the system increased the severity of the storm surge forecast.
Can gun storage initiatives help prevent suicides?
Advocates for these initiatives say they can save lives through safely storing firearms for people at risk of suicide.
Utility company American Water pauses billing after cyberattack
American Water, the largest regulated water and wastewater utility company in the U.S., says it was the victim of a cyberattack, prompting the firm to pause billing to customers.
MoneyWatch
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Utility company American Water pauses billing after cyberattack
American Water, the largest regulated water and wastewater utility company in the U.S., says it was the victim of a cyberattack, prompting the firm to pause billing to customers.
Affordable housing tax credits set to expire, threatening eviction for thousands
Amid unrelentingly high rents, as many as 223,000 affordable housing units could disappear in next five years.
Mega Millions tickets are going to cost more next year
Mega Millions tickets are set to get more expensive next year after a change to produce bigger lottery jackpots.
Harris, Trump spending would both boost the U.S. debt. Here's how much.
Trump's fiscal plans would raise the federal debt by more than twice Harris' proposals, new nonpartisan analysis finds.
What do dockworkers do, and which parts of the job are automated?
Labor pact between dockworkers and the shipping industry doesn't resolve their concerns about automation. Here's what to know.
Politics
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Biden to announce $2.6B in funding to replace all lead pipes throughout the U.S.
The EPA estimates that nine million homes in the U.S. have lead pipes.
Behind the music: Latino celebrities and presidential politics in the 2024 election
The Harris and Trump campaigns have been trying to connect with prominent Puerto Rican musicians and artists to help court voters who could be decisive in states like Pennsylvania.
Affordable housing tax credits set to expire, threatening eviction for thousands
Amid unrelentingly high rents, as many as 223,000 affordable housing units could disappear in next five years.
Misinformation has surged following Hurricane Helene. Here's a fact check.
Officials have said baseless claims, amplified by former President Trump and others, are hindering recovery efforts.
Disaster relief hurricane loan program precariously low on funds
Biden administration and congressional sources worry that funding to help small businesses recover from hurricane damage will dry up by the end of October.
HealthWatch
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How living in extended-stay hotels can affect the health of poor kids
Living in extended-stay hotels, often a last resort for low-income families trying to avoid homelessness, can lead to or exacerbate various children's physical and mental health issues, advocates say.
Research on worms leads to Nobel Prize
Two scientists' groundbreaking research on worms has earned them the Nobel Prize in medicine. Victor Ambros and Gary Ruvkun uncovered microRNA, tiny molecules that help control what cells do, which could help develop new medicines.
CDC to screen travelers for Marburg, as outbreak of Ebola-like disease grows
The CDC will urge Americans to "reconsider nonessential travel" to Rwanda.
Soda mixed with coffee creamer? The "dirty soda" trend, explained.
Dirty sodas, which combines your favorite soft drink with creamer, syrups and more, are all over social media. Here's what experts say about the ingredients.
FDA's promised guidelines on pulse oximeters unlikely to end racial bias
For decades, widely used pulse oximeters have underestimated the oxygen needs of darker-skinned patients. Will the FDA's new guidelines fix that?
World
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Data helps map destruction in Gaza since Israel-Hamas war began
Limited access to Gaza since the Israel-Hamas war started makes it hard to analyze the destruction, but satellite data paints a grim picture.
CIA director warns "misjudgments" could further escalate Middle East conflict
CIA Director William Burns warned Monday of the potential for simmering clashes in the Middle East to spread across the region.
CDC to screen travelers for Marburg, as outbreak of Ebola-like disease grows
The CDC will urge Americans to "reconsider nonessential travel" to Rwanda.
Woman charged with 3 murders in 3 days is a serial killer, police say
Sabrina Kauldhar, 30, was arrested at a hotel after police linked the killings, determining the suspect's description matched in each case.
AI-generated video purportedly showing fiery Beirut skyline goes viral
A video montage posted to X showed massive fires on the Beirut skyline — but the most dramatic scene was made by artificial intelligence.
Entertainment
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Cissy Houston, Whitney Houston's mother and Grammy winner, dies at age 91
Cissy Houston performed alongside superstar musicians like Elvis Presley and Aretha Franklin.
Kathy Bates shocked to learn she did thank her mother in her Oscar speech
Academy Award-winner Kathy Bates was certain she had neglected to mention her mom when she accepted the Oscar for "Misery" 33 years ago – until "Sunday Morning" showed her video proof.
Riley Keough recalls Lisa Marie Presley intuition the morning Elvis died
"An Oprah Special: The Presleys - Elvis, Lisa Marie, and Riley" will premiere on CBS on Tuesday, Oct. 8, at 8 p.m. ET/PT, and will be available for streaming on Paramount+.
Riley Keough shares family stories with Oprah
Riley Keough opens up to Oprah Winfrey in a CBS primetime special discussing her mother Lisa Marie Presley's untold stories and her new memoir. In this exclusive clip, Keough recalls what her mother felt the day Elvis died. Vladimir Duthiers makes his "CBS Mornings Plus" debut to share more about "An Oprah Special: The Presleys — Elvis, Lisa Marie and Riley," which airs Tuesday, Oct. 8, at 8 p.m. ET/PT on CBS.
NY subway artist turns talent into stardom
With more than 33 million TikTok followers, artist Devon Rodriguez rose to fame by capturing candid moments of subway passengers. Lilia Luciano highlights his inspiring journey from the South Bronx to international recognition.
Technology
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Guns for sale on social media despite Meta's policies against it
Glocks, military-style rifles and "ghost guns" have all been advertised for sale on easily accessible sites like Facebook and Instagram, a new report finds.
What do dockworkers do, and which parts of the job are automated?
Labor pact between dockworkers and the shipping industry doesn't resolve their concerns about automation. Here's what to know.
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.
Gmail users get new summary cards to track purchases, events
Google brings new interactive summary cards to Gmail inboxes to help users track purchases, events.
Congress is trying to force carmakers to keep AM radio
AM Radio for Every Vehicle Act would require AM radios in electric vehicles, even though automakers claim electric motors interfere with the signal.
Science
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Science
Research on worms leads to Nobel Prize
Two scientists' groundbreaking research on worms has earned them the Nobel Prize in medicine. Victor Ambros and Gary Ruvkun uncovered microRNA, tiny molecules that help control what cells do, which could help develop new medicines.
SpaceX launches European asteroid probe as hurricane weather closes in
Despite an initially dismal forecast, SpaceX got a break in the weather to send Europe's Hera asteroid probe on its way.
Maps show which states could see northern lights this weekend
The northern lights could dazzle millions of Americans in some northern states this weekend.
Type of firefly could be first on federal endangered species list
The Bethany Beach firefly is the first lightning bug species to be considered for protections under the Endangered Species Act.
How climate change threatens plants, animals
In this episode of "Climate Watch: Protecting the Planet," CBS News senior environmental correspondent Ben Tracy speaks to scientists and experts about the growing number of critically endangered plants and animals and how humans can help.
Crime
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Guns for sale on social media despite Meta's policies against it
Glocks, military-style rifles and "ghost guns" have all been advertised for sale on easily accessible sites like Facebook and Instagram, a new report finds.
Woman charged with 3 murders in 3 days is a serial killer, police say
Sabrina Kauldhar, 30, was arrested at a hotel after police linked the killings, determining the suspect's description matched in each case.
Doctor admits disguising as nurse in attempt to kill man with poison
Prosecutors said Thomas Kwan used his "encyclopedic knowledge" of poisons in his plot to kill Patrick O'Hara.
Man charged in doctor's rape and murder that sparked protests
Protests erupted in West Bengal in August to demand justice after the doctor's body was found with multiple injuries in a lecture hall at a state-run hospital.
Mayor reportedly beheaded days after taking office in Mexico
Alejandro Arcos' murder came days after the killing of another city official. according to the Institutional Revolutionary Party.
Space
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SpaceX launches European asteroid probe as hurricane weather closes in
Despite an initially dismal forecast, SpaceX got a break in the weather to send Europe's Hera asteroid probe on its way.
Stormy weather, approaching hurricane, threaten launch delays
With a hurricane approaching, two high-priority NASA and European missions to an asteroid and Jupiter's moon Europa face delays.
Maps show which states could see northern lights this weekend
The northern lights could dazzle millions of Americans in some northern states this weekend.
New Vulcan rocket takes off on second test flight
Despite an apparent problem with one of two strap-on boosters, the Vulcan reached orbit and otherwise performed as expected.
Webb telescope detects carbon dioxide on surface of Pluto's largest moon
Researchers used observations from the Webb Telescope to identify carbon dioxide and hydrogen peroxide on the surface of Charon, Pluto's largest moon.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Clues and evidence in the John McCabe case
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Latest CBS News Videos
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Latest CBS News Videos
Gun storage initative aims to prevent suicides
In 2022, a record 50,000 people died by suicide nationwide, and more than half used a firearm. For "Eye on America," Nicole Sganga goes to Lafayette, Louisiana, where one veteran's offer to hold onto his friend's guns is now powering a movement.
Milton could hit still-recovering areas
The National Hurricane Center upgraded Milton to a Category 5 storm on Monday. The hurricane is projected to make landfall on Florida's Gulf Coast by Wednesday. CBS News correspondent Nicole Valdes has the latest from Fort Myers Beach, Florida.
Nova survivor recounts Oct. 7 one year later
Thousands gathered in southern Israel on Monday at the site of the deadly Hamas attack at the Nova Music Festival one year ago. More than 360 people were killed at the festival. CBS News' Lana Zak spoke with Natalie Sanandaji, an American woman of both Israeli and Iranian descent who escaped the festival site during the attack, about her experience.
National debt could rise under Harris, Trump
According to an analysis from the Committee for a Responsible Federal Budget, both Vice President Kamala Harris' and former President Donald Trump's economic plans could increase the federal deficit by trillions of dollars. Marc Goldwein, CRFB senior vice president, joins CBS News to explain the findings.
Fact-checking Hurricane Helene misinformation
Misinformation and conspiracy theories have been swirling on social media in the aftermath of Hurricane Helene. FEMA's deputy administrator told CBS Mornings this misinformation is seriously hindering rescue and recovery operations. Rhona Tarrant, executive editor for CBS News Confirmed, joins to fact-check some of the claims.