Stocks are rallying despite the Iran war and stubborn inflation. Here's why.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
MoneyWatch
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How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
The safest vehicles for teen drivers and how much they cost
The Insurance Institute and Consumer Reports ranked 96 of the safest cars for teens. Here's what to know.
First on CBS
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
Kevin Warsh is now leading the Fed. His main challenge is a doozy.
Warsh is taking over as Fed chair as the U.S. faces the hottest inflation in years, impeding the interest rate cuts that President Trump has demanded.
South Korean Starbucks boss apologizes for ad campaign that evoked massacre
South Korean Starbucks' boss apologized again as it faced a backlash over a marketing campaign widely seen as mocking victims of a bloody military crackdown in 1980.
BP ousts recently appointed chair over "conduct issues"
The board upheaval comes less than a year after BP appointed Albert Manifold to the role.
This factor may determine whether you get rich. You don't control it.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
Managing Your Money
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Here's how much interest a $90,000 CD account can earn savers now
A $90,000 CD account may feel unconventional, but the interest-earning ability is still worth knowing for savers.
Sponsored
How much does a new HVAC system really cost in 2026?
HVAC costs have been surging recently, but some homeowners are paying far more than necessary for their systems.
What happens to a wage garnishment if you change jobs?
Switching jobs won't erase a wage garnishment, but it could have an impact on when and how creditors can collect.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
These are retirees' 5 biggest financial fears
Retirees say inflation, health care costs and market volatility are threatening their financial security.
Here's how AI can help with retirement planning, and where it struggles
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Americans expect to work much longer than they would like. Here's why.
Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."
Work
Is the teen summer job a thing of the past?
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
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.
More Americans are quitting their U.S. jobs to work abroad, study finds
Since 2021, the share of U.S.-based employees who have left their jobs to work in another country has more than doubled.
U.S.
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YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
Stocks are rallying despite the Iran war and stubborn inflation. Here's why.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
Exclusive
GPS data appears to contradict Brian Hooker's account of wife's disappearance
After forensic evidence appeared to contradict Brian Hooker's account of where Lynette Hooker was the night she disappeared, U.S. investigators are renewing their search in the Bahamas.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Zelenskyy pushes U.S. for more Patriot missiles, warning of Russian attacks
President Volodymyr Zelenskyy urged the U.S. to expand deliveries of Patriot missile systems, warning that Russia is preparing a broader campaign of ballistic missile attacks.
MoneyWatch
More MoneyWatch
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
Stocks are rallying despite the Iran war and stubborn inflation. Here's why.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
First on CBS
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
The safest vehicles for teen drivers and how much they cost
The Insurance Institute and Consumer Reports ranked 96 of the safest cars for teens. Here's what to know.
Politics
More Politics
First on CBS
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
Exclusive
Jill Biden: "I was frightened" by 2024 debate, thought husband was having a stroke
Former first lady Jill Biden said she thought her husband, Joe Biden, was having a stroke during the 2024 debate against Donald Trump.
Exclusive
Justice Dept. to start fast-tracking benefits fraud enforcement
The U.S. Department of Justice tells CBS News it will speed up review of certain whistleblower complaints dealing with fraud against benefits programs like Medicare.
U.S. setting up Ebola quarantine facility in Kenya, officials say
The U.S. is in the process of setting up a quarantine facility in Kenya for Americans who were exposed to Ebola or infected with the deadly illness.
Zelenskyy pushes U.S. for more Patriot missiles, warning of Russian attacks
President Volodymyr Zelenskyy urged the U.S. to expand deliveries of Patriot missile systems, warning that Russia is preparing a broader campaign of ballistic missile attacks.
HealthWatch
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HealthWatch
TV host Ty Pennington on bronchiectasis
HGTV host and designer Ty Pennington opens up about his mother's yearslong battle with bronchiectasis, a chronic lung condition that often goes undiagnosed, and shares tips for caregivers on creating a calm environment. (Sponsored by Insmed)
Trump has third medical exam of the past year
President Trump said his health "checked out perfectly" after a medical checkup on Tuesday. Nancy Cordes reports.
Second Ebola treatment center set on fire in epicenter of disease's outbreak
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
The latest details on the Ebola outbreak
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
What to know about the chemical tank in California that forced evacuations
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
World
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Official complains of persecution over CIA agents' deaths in Mexico
Two CIA agents died in a car crash while accompanying soldiers and state prosecutors in a raid of a drug lab in Chihuahua.
U.S. setting up Ebola quarantine facility in Kenya, officials say
The U.S. is in the process of setting up a quarantine facility in Kenya for Americans who were exposed to Ebola or infected with the deadly illness.
Zelenskyy pushes U.S. for more Patriot missiles, warning of Russian attacks
President Volodymyr Zelenskyy urged the U.S. to expand deliveries of Patriot missile systems, warning that Russia is preparing a broader campaign of ballistic missile attacks.
Is a shifting tide behind a Russian warning to foreigners in Ukraine?
As Russia hammers Ukraine with bombs and warns foreigners to flee its capital, analysts think it may reflect a war "shifting in favor of Ukrainian forces."
China executes man for poisoning billionaire Netflix producer
Xu Yao was found guilty of killing Lin Qi, the founder of the company that holds the film adaptation rights for the blockbuster sci-fi trilogy "The Three-Body Problem."
Entertainment
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Entertainment
Estelle on her latest album "Stay Alta"
Grammy Award-winning artist Estelle released her sixth studio album, titled "Stay Alta," and joins CBS News 24/7 Mornings to reflect on her career and discuss what this record means for her.
Josh Johnson on new special, career in comedy
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
Top moments from the American Music Awards
There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night's biggest prize.
Extended interview: Josh Johnson
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, trailblazing jazz saxophonist, dies at age 95
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Technology
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Technology
YouTube revamping its AI labeling system
YouTube unveiled a new AI labeling system on Wednesday, aiming to make it easier for viewers to distinguish between real and AI content. CNET editor-at-large Scott Stein joins CBS News to break down the change.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
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.
Study evaluates AI's accuracy on news
More than 1 billion people worldwide use artificial intelligence chatbots, but just how accurate are the answers? Forum AI released results from its latest study to determine the accuracy of chatbots in news and current events. Robbie Goldfarb, co-founder of Forum AI, joins CBS News to discuss.
How the U.S. military is using AI in warfare
CBS News' Chris Livesay gets an inside look at how the U.S. military is using artificial intelligence on the battlefield.
Science
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New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
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Crime
Clues in the Lynette Hooker investigation
An infrared camera mounted on the sailboat used by Brian and Lynette Hooker in the Bahamas could contain clues about her disappearance, CBS News has learned. Cristian Benavides has more.
China executes man for poisoning billionaire Netflix producer
Xu Yao was found guilty of killing Lin Qi, the founder of the company that holds the film adaptation rights for the blockbuster sci-fi trilogy "The Three-Body Problem."
Matthew Perry's assistant to be sentenced
Matthew Perry's assistant, Kenneth Iwamasa, will be the fifth and final person sentenced for playing a role in the actor's 2023 ketamine death. Carter Evans reports.
Ex-chef who supplied poison for suicides to avoid murder charges
Kenneth Law is a former chef accused of running a number of online forums that offered predominantly young, distressed people advice on how to end their lives.
Minneapolis Police Chief Brian O'Hara resigns after internal probe
Mayor Jacob Frey announced O'Hara's resignation late Tuesday after an investigation found he deleted a contact from his city-issued phone to hide his connection to an employee during a prior investigation.
Space
More Space
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX launch of more powerful Super Heavy-Starship rocket scrubbed at last minute
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX to explore "the true nature of the universe" as it plans IPO
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
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
"The Takeout" celebrates 1 year on the air
"The Takeout" premiered on CBS News 24/7 exactly one year ago. Major Garrett marks the milestone.
YouTube revamping its AI labeling system
YouTube unveiled a new AI labeling system on Wednesday, aiming to make it easier for viewers to distinguish between real and AI content. CNET editor-at-large Scott Stein joins CBS News to break down the change.
Jill Biden: "I was frightened" by 2024 debate
Former first lady Jill Biden said she was "frightened" by her husband Joe Biden's performance at the 2024 presidential debate. "As I watched it, I thought, 'Oh, my God, he's having a stroke.' And it scared me to death," Biden told Sunday Morning's Rita Braver in an interview airing Sunday.
Iran official: Renewed fighting seems unlikely
A senior official with Iran's Revolutionary Guard says renewed fighting with the United States seems unlikely as peace negotiations continue. CBS News Middle East contributor Courtney Kealy reports.
Zelenskyy asks Trump for more weapons
Ukrainian President Volodymyr Zelenskyy sent a letter to President Trump over Memorial Day weekend asking for more Patriot missiles from the United States. CBS News' Katrina Kaufman has more.