SpaceX stock closes up 19% on Day 1 of trading
SpaceX launched onto Wall Street on Friday with the largest initial public offering in history. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Finance
U.S. facing Paraguay in Men's World Cup match
The U.S. Men's National Soccer team will play its first match of the 2026 FIFA World Cup on Friday night, taking on Paraguay in Southern California. CBS News correspondent Nicole Valdes reports from Los Angeles.
Will the SpaceX IPO soar or explode?
SpaceX goes public on Friday, with its initial public offering poised to make waves. Joe Ciolli, executive editor of the First Trade Newsletter at Business Insider, shares his market performance predictions for Elon Musk's aerospace company.
A bidding war is underway for the world's oldest bank
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
Financial conversations before saying "I do"
As wedding season gets underway, CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the financial conversations every couple should have before getting married.
Early details on Anthropic's IPO filing
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Data: More Americans dipping into 401(k) early
A new report from Fidelity shows more Americans are withdrawing from their 401(k)s prematurely. CBS News MoneyWatch correspondent Kelly O'Grady joins with analysis.
Why did Trump postpone signing an order on AI?
Last week, President Trump was expected to sign an executive order on artificial intelligence, but abruptly postponed the event. Politico White House reporter Diana Nerozzi joins to examine what happened.
Robinhood to allow AI to make stock trades
The digital investing platform Robinhood is now allowing AI agents to trade stocks and make credit card purchases for users. Yahoo Finance senior reporter Brooke DiPalma joins with the details.
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How to start your own business
More than 5 million new business applications are filed each year, according to the U.S. Chamber of Commerce. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to provide tips if you're thinking about starting your own business.
Money expert answers top finance questions
CBS News' business analyst Jill Schlesinger answers some burning finance questions, from investments to home loans.
Expert: Warsh has "difficult job in front of him"
President Trump on Friday hosted a swearing-in ceremony for the new Federal Reserve Chair, Kevin Warsh. Jon Hilsenrath, visiting scholar at Duke University, joins with analysis on what Warsh will face in the coming months.
What Nvidia's Q1 earnings say about AI race
Cementing its status as the world's most valuable company, Nvidia reported record revenue in its latest earnings report. Britney Nguyen, Nvidia and chips reporter at MarketWatch, joins with analysis.
Survey: Gen Z struggling with high living costs
Adulting can be expensive, and a new survey shows Generation Z is having trouble keeping up. Will Smayda, head of financial centers at Bank of America, joins to unpack the data.
Puck: Shein to buy Everlane for $500 million
Fast-fashion giant Shein is about to get even bigger. Over the weekend, the Chinese-owned retailer approved plans to buy American brand Everlane for $100 million, according to Puck. Lauren Sherman, CBS News contributor and fashion correspondent for Puck, joins with the details.
Primary elections to test Trump's grip on GOP
President Trump is facing a critical political test this week, with primaries in six states. CBS News' Anthony Salvanto and Aaron Navarro have more on the president's poll numbers and Rep. Thomas Massie's campaign in Kentucky. Then, Adam Beam, deputy politics editor at The Atlanta Journal-Constitution, joins to preview Georgia's primary day.
Trump on "only thing that matters" in Iran talks
Before leaving for China on Tuesday, President Trump told reporters that he doesn't think about Americans' financial situations "not even a little bit" when negotiating a deal with Iran. CBS News senior White House and political correspondent Ed O'Keefe reports.
Inflation at highest level in nearly 3 years
Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter "Super-Spiked," joins with analysis.
Trump-Xi summit expected to focus on trade, AI
President Trump departed the White House for Beijing on Tuesday to attend a summit with Chinese President Xi Jinping. Chris McGuire, senior fellow at the Council on Foreign Relations, joins CBS News to unpack the topics the leaders are expected to discuss.
Trump takes questions before going to Beijing
Moments before President Trump left for his trip to Beijing on Tuesday, he took questions from reporters on the Iran war, inflation, and more. Following Mr. Trump's comments, CBS News' Olivia Rinaldi, Kelly O'Grady and Sam Vinograd provided context.
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.
What April's jobs report says about economy
The Bureau of Labor Statistics on Friday reported a better-than-expected jobs report for April. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
Finance tips on caring for aging family
"CBS Saturday Morning" shares tips on managing your finances when you're caring for aging family members.
Why Spirit Airlines is on the brink of collapse
CBS News has learned Spirit Airlines could go out of business as soon as Saturday after bailout talks with the Trump White House stalled. CBS News senior transportation correspondent Kris Van Cleave has the details. Then, Politico aviation reporter Oriana Pawlyk joins to assess the potential economic fallout.
Live
"Final, agreed upon text" of U.S.-Iran peace deal reached, Pakistan says
Iran's foreign minister said a deal has "never been closer" and that the details of a memorandum of understanding with the U.S. will be shared publicly "in due course."
Appeals court rejects request to keep Trump's name on Kennedy Center
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
Elon Musk becomes the world's first trillionaire with SpaceX's IPO
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
At least 1 killed, 9 hospitalized in Texas mass shooting; suspect dead
Four people were in surgery and five others were stable, according to Midland Memorial Hospital in Texas.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
U.S. military making plans to secure Iran's nuclear materials, sources say
Military planners have discussed contingencies that would involve U.S. forces helping secure Iran's nuclear materials if a deal is reached, according to U.S. officials familiar with knowledge of the ongoing planning.
Alabama seeks lethal injection execution after court rejects nitrogen gas method
Alabama is seeking to execute a man with lethal injection hours after his nitrogen execution was prevented from going forward.
Pentagon releases new batch of UFO files: "Are you seeing this?"
The Pentagon on Friday released a new group of documents and videos related to UFOs, or UAPs, with 72 more documents, images and recordings.
A key spy tool is expiring due to inaction in Congress. Here's what that means
Lawmakers have long sounded the alarm about the risks of letting Section 702 expire. But there's debate over what a lapse in the law actually means.
U.S.
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Alabama seeks lethal injection execution after court rejects nitrogen gas method
Alabama is seeking to execute a man with lethal injection hours after his nitrogen execution was prevented from going forward.
New Yorker confronts unruly Knicks fans: "This is our city"
When violence erupted near a New York Knicks watch party on Monday, one New Yorker stood up to the unruly crowd.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Ohio voting rights group facing criminal fraud investigation, sources say
The FBI executed a search warrant at the office of an Ohio-based group known for its voter registration work as part of an ongoing fraud-related investigation, sources told CBS News.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
MoneyWatch
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DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Former SpaceX welder becomes a millionaire after historic IPO
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
FDA authorizes emergency use of drug to fight screwworms in pets
Nitenpyram is the first generic animal drug authorized to treat screwworms in dogs and cats, according to federal regulators.
Politics
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DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Ohio voting rights group facing criminal fraud investigation, sources say
The FBI executed a search warrant at the office of an Ohio-based group known for its voter registration work as part of an ongoing fraud-related investigation, sources told CBS News.
Appeals court rejects request to keep Trump's name on Kennedy Center
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
U.S. military making plans to secure Iran's nuclear materials, sources say
Military planners have discussed contingencies that would involve U.S. forces helping secure Iran's nuclear materials if a deal is reached, according to U.S. officials familiar with knowledge of the ongoing planning.
A key spy tool is expiring due to inaction in Congress. Here's what that means.
Lawmakers have long sounded the alarm about the risks of letting Section 702 expire. But there's debate over what a lapse in the law actually means.
HealthWatch
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HealthWatch
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
New sunscreen option wins FDA approval after years of delay
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
World
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U.S. military making plans to secure Iran's nuclear materials, sources say
Military planners have discussed contingencies that would involve U.S. forces helping secure Iran's nuclear materials if a deal is reached, according to U.S. officials familiar with knowledge of the ongoing planning.
Suspect linked to U.S. consulate shooting on run in Canada, officer killed
A manhunt is underway for an "armed and dangerous" suspect linked to a shooting at the U.S. Consulate in Toronto after an officer was fatally shot.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
Stowaway with 524 pounds of cocaine, gun found on barge in Caribbean
It's the second time this year that authorities detained a stowaway holding a huge stash of drugs in the same harbor.
"Spy turtles" and "spy fish" prowling China's waters, Beijing claims
"An unseen covert war of espionage is currently unfolding" in the waters off China, the country's minister of state security has alleged.
Entertainment
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Entertainment
DOJ approves Paramount-Warner Bros. merger
The Justice Department has given the merger between CBS News' parent company, Paramount Skydance, and Warner Bros. Discovery the green light. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Shawn Hatosy talks acting on "The Pitt"
Actor Shawn Hatosy went from guest star to Emmy Award-winning fan favorite as Dr. Jack Abbot on the hit medical drama "The Pitt." Dr. Abbot "is very calm in the face of chaos and he can handle anything, but he's struggling, as is Robby, and they have to come together," Hatosy tells "CBS Mornings."
Taylor Swift is youngest woman inducted into Songwriters Hall of Fame
Taylor Swift became the youngest woman ever inducted into the Songwriters Hall of Fame Thursday night, at the age of 36.
KISS on Songwriters Hall of Fame induction
KISS' Paul Stanley says it's an honor to be inducted into the Songwriters Hall of Fame along with his band member Gene Simmons. "This is what the American dream is about," Simmons tells "CBS Mornings."
2026 FIFA World Cup kicks off with 3 opening ceremonies
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
Technology
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As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
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.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Uproar over planned data center near zoo
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Crime
Texas shooting kills at least 1, injures 10
On Wednesday, a 45-year-old gunman opened fire on police in Midland, Texas, allegedly refusing to surrender to police. He fled, finally barricading himself in an abandoned veterinary building and shooting wildly. All of those shot were civilians. The gunman was found dead on Friday, with the FBI and state agencies investigating. Jason Allen has more.
Midland gunman was on the run before shooting
At least one person is dead, and 10 others are injured after a gunman opened fire in Midland, Texas, on Friday. The shooter died after a standoff with police. CBS News correspondent Jason Allen reports.
Relative blames parents in cruise killing
Timothy Hudson, 16, has been charged with the death and sexual assault of his stepsister, Anna Kepner, who was on a Carnival cruise ship with her family when she was killed. Hudson's step-grandmother, Sonya Ziske, spoke to CBS News about Kepner's death, blaming parental irresponsibility as a major factor. CBS News' Cristian Benavides reports.
Latest news on Midland, Texas, shooting
Officials provided an update after a mass shooting in Midland, Texas, where at least one person was killed. CBS News' Mugo Odigwe reports.
TX mass shooting suspect dead, officials say
The suspect in a deadly mass shooting in Midland, Texas, is dead, officials say. CBS News' Mugo Odigwe reports.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
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.
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
U.S. monitoring activity in South China Sea
Tensions between China and the Philippines, a key American ally, intensified this week. U.S. intelligence agencies are closely monitoring activity around the disputed Scarborough Shoal, according to U.S. officials. The officials say the Chinese government installed what Beijing has called a "scientific structure" in the middle of the reef, angering the Philippines. CBS News' James LaPorta, who broke that story alongside Olivia Gazis, has more.
Revisiting the besties who say they are twins
Steve Hartman goes "On the Road" again with a pair of twins, who aren't really twins. Just don't try to tell them that.
SpaceX IPO creates new millionaires
SpaceX's market debut made Elon Musk a trillionaire on Friday. The company has also minted thousands of new millionaires. Jo Ling Kent reports.
U.S., Iran say they are closing in on a deal
Both the U.S. and Iran said they are closing in on a final agreement that could be signed as soon as Sunday or Monday. It could launch further talks to wind down Iran's nuclear ambitions, reopen the Strait of Hormuz and end months of military hostilities. Ed O'Keefe has more.
Tornadoes, storms hit U.S. communities
Nearly 80 million people in the U.S. are still facing the threat of powerful storms, and about the same number are sweltering in brutal heat. Lana Zak reports from the hard-hit town of Streator in central Illinois, and Eric Fisher has the forecast.