How the "big, beautiful bill" helps car buyers save money on taxes
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
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The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
Women make up more than half of U.S. drivers, but are 73% more likely to suffer serious injuries in a crash than men, and are 17% more likely to be killed, according to the National Highway Traffic Safety Administration. A bipartisan group of women senators is hoping female crash test dummies could help solve the issue. In a statement, the DOT said Secretary Sean Duffy "appreciates Congress' interest in resolving this issue and is committed to accelerating the process to improve safety for all Americans," adding regulators are in the process of testing and evaluating updates to the new test dummies. CBS News senior transportation correspondent Kris Van Cleave reports.
Republican Sen. Thom Tillis' surprise retirement could benefit Democrats in the race for his North Carolina Senate seat. Jessica Taylor, Senate and governors editor for the Cook Political Report, and Laura Davison, Washington deputy bureau chief for Bloomberg News, join "The Takeout" with more.
EU said it was prepared to retaliate with tariffs on hundreds of American products, from U.S. beef, auto parts and beer to Boeing airplanes.
Franchescoli Andrade's 20-mile journey to get to work without a car takes about 90 minutes each way through Los Angeles.
A new survey from auto researcher Edmunds shows 58% of respondents are more interested in buying a used car because of tariffs. Kelly O'Grady reports.
Senate Republicans are moving to block California's vehicle standards that would phase out the sale of new gas-powered cars by 2035. Mary Nichols, former chair of the California Air Resources Board, joins "America Decides" to discuss.
A bent brake line caused by faulty assembly may lead to reduced brake function, putting the driver and others on the road in danger.
Japanese automaker joins other automakers in pointing to new U.S. tariffs as weighing on their financial results.
For the first time in nearly three decades, the Environment Protection Agency has not published a mandatory annual report detailing the amount of climate pollution produced in the U.S. CBS News Climate Unit senior coordinating producer Tracy Wholf reports on the data related to the report that was released through a Freedom of Information Act request.
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
New data on Tuesday showed inflation cooled in April as President Trump rolled out his sweeping tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Japanese automaker underscores impact of Trump's tariffs on imported vehicles by outlining hefty hit to profits.
Ford Motor cites higher U.S. tariffs as one reason why the automaker is raising prices for three of its cars.
The latest shot in President Trump's global trade war was fired on Saturday. New tariffs on imported car parts took effect but the economy proved resilient. Willie James Inman has the latest.
The Trump administration gave auto manufacturers a slight reprieve on Tuesday by reducing the impact of tariffs on their products. CBS News MoneyWatch correspondent Kelly O'Grady has more.
As tariffs threaten to raise the price of new cars, Americans are racing to the showrooms. Kris Van Cleave reports they're trying to beat the price hikes.
Tuesday marks the 100th day of President Trump's second term in office. CBS News' Major Garrett, Olivia Rinaldi, Kelly O'Grady and Scott MacFarlane report on how he has reshaped the economy and the government.
President Trump was outside of Detroit to mark 100 days in office and touted his plan to give relief to the crucial American car industry from some of the tariffs that are expected to increase prices on production. Kelly O'Grady explains.
Touching down in Michigan, President Trump brought with him good news for the state's key industry. Automakers will still face a 25% tariff on imported cars and parts, but not on other critical materials -- including steel and aluminum. Ed O'Keefe reports.
President Trump is marking the 100th day of his second term with a rally in Michigan on Tuesday night. CBS News senior White House and political correspondent Ed O'Keefe reports on that and some tariff changes coming for automakers.
Car manufacturers are already reviewing their 2026 lineup. However, President Trump's tariffs are giving buyers some pause. Industry experts say even if you're not buying a car yourself, it will cost you. CBS News New York's Ali Bauman explains why.
Federal Reserve Chair Jerome Powell has issued a stark warning on the far-reaching inflation impact of the Trump administration's economic policies. His comments come as new Commerce Department data shows that retail sales rose more than expected last month with some economists attributing that to people trying to get ahead of tariff-driven price increases. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
The markets fell sharply on Wednesday after Federal Reserve Chair Jerome Powell expressed concerns about the economic impact of tariffs. Meanwhile, President Trump is meeting with Japanese officials about tariffs. CBS News White House reporter Olivia Rinaldi has the latest.
President Trump's steep new tariffs on foreign cars could lead to a sharp decline in U.S. vehicle sales, according to S&P Global Mobility.
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
President Trump announced Sen. Markwayne Mullin as his pick to replace embattled DHS Secretary Kristi Noem.
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
Illinois Lt. Gov. Juliana Stratton is projected to win the heated and crowded Democratic primary race for the U.S. Senate seat that Dick Durbin has held for nearly 30 years, according to CBS News analysis.
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
The 2026 Illinois primary results in the race for governor set up a rematch between Gov. JB Pritzker and his 2022 Republican challenger Darren Bailey.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
Jessie Holmes is the third competitor in the 54-year history of the Iditarod Trail Sled Dog Race to repeat the year after winning for the first time.
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
Military officials say a shooting at a U.S. Air Force base in New Mexico has left one person dead and another wounded.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
The complaint includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
Amazon is speeding deliveries, putting pressure on other retailers. Here's where 1- and 3-hour delivery options are available and how much the service costs.
AI and other technologies can help you manage your financial life. But don't rely exclusively on such tools for money matters.
An Arkansas law requiring that the Ten Commandments be prominently displayed in public school classrooms has been struck down by a federal judge.
Amid signs that Republicans may lose some of the Latino support that the party picked up in 2024, grassroots organizations are stepping in to boost GOP Senate candidates in key midterm races.
President Trump announced Sen. Markwayne Mullin as his pick to replace embattled DHS Secretary Kristi Noem.
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
Ali Larijani was among the most senior leaders of the regime still alive in Iran after top leaders were killed at the start of the war.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
A verdict could come as soon as Tuesday in the landmark trial against Meta and Google for allegedly fueling social media addictions. CBS News contributor Jessica Levinson has more.
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
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.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Top U.S. counterterrorism official Joe Kent resigns over Iran war; senior Iranian leader Ali Larijani killed in airstrike.
A senior living facility in Minnesota was recently told they'd need a liquor license for any gathering involving alcoholic beverages. That didn't sit well with many of the residents, who are now fighting to legalize the right to happy hour. Tony Dokoupil has the story.
An asteroid weighing about 7 tons and traveling at 45,000 miles per hour zoomed over multiple states and lit up the sky, causing a loud boom that some residents mistook for an explosion. Mark Strassmann reports.
Cuba has been facing more blackouts and protests since the U.S. cut off its access to Venezuelan oil. Juan Palop reports from Havana.
Nearly 50 days since Nancy Guthrie disappeared, the suspected abduction remains unsolved. CBS has learned investigators have recovered additional images from Guthrie's surveillance cameras. Jonathan Vigliotti has the latest.