5 costly mistakes to avoid before buying your next car, according to Edmunds
A 2025 analysis from Edmunds reveals that nearly 20% of new car buyers are committing to monthly payments of $1,000 or more.
Finance
Lisa Cook to Trump: "I will not resign"
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
New Federal Reserve statement on Trump, Cook
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
How to deal with financial anxiety
A recent survey found that seven in 10 Americans report anxiety or even depression about their financial situation. Financial therapist Steven Hughes joins with more.
Details on Trump's labor statistics pick
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
Key takeaways from July's inflation report
Inflation in July rose 2.7% on an annual basis, which was slightly less than economists had forecast, according to a report released Tuesday. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers.
The upsides and risks of "buy now, pay later"
More Americans are opting into "buy now, pay later" services when shopping. Ted Rossman, senior industry analyst at Bankrate, joins "The Takeout" to discuss the option.
Trump defends firing labor statistics chief
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
Breaking down the weak jobs report
President Trump on Friday ordered the firing of the labor statistics boss just hours after the release of a weak jobs report. Axios economics reporter Courtenay Brown joins CBS News with analysis.
Where trade talks with other countries stand
President Trump signed an executive order Thursday night raising tariffs on about 70 countries. CBS News' Tom Hanson has the details.
Student loan interest resumes for millions
The Trump administration will begin collecting interest from federal student loan borrowers enrolled in the SAVE plan starting Friday. Kate Wood, loans expert and writer at NerdWallet, joins CBS News to discuss what borrowers need to know.
Trump trade representative on weak jobs report
U.S. Trade Representative Jamieson Greer is defending the Trump administration after a Friday report showed U.S. job growth has slowed. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan spoke with Greer and joins "The Takeout" to unpack his response.
Trump economic adviser on weak jobs report
President Trump fired the commissioner of the Bureau of Labor Statistics on Friday after its job report showed meager gains and revisions. Kevin Hassett, director of the National Economic Council, joins "The Takeout" to discuss the president's decision.
Trump raising Canada tariffs to 35%
President Trump signed an executive order Thursday night increasing tariffs on Canadian imports to 35% starting Aug. 1. CBS News' Erica Brown and Kelly O'Grady have the latest.
Where current U.S. tariffs on Mexico stand
Ahead of Friday's tariff deadline, President Trump announced on social media that the U.S. and Mexico have agreed to extend their current deal for another 90 days while they continue to negotiate. CBS News MoneyWatch correspondent Kelly O'Grady reports.
U.S. company cancels production due to tariffs
Many American businesses are bracing for negative consequences of President Trump's tariffs set to take effect Friday. Ben Knepler, co-founder of the Pennsylvania-based outdoor equipment company True Places, joins CBS News to discuss how the tariffs are impacting his small business.
Breaking down July's consumer confidence rise
New numbers show Americans have a slightly more positive outlook on the economy. The Consumer Confidence Index rose two points in July compared to June. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Johnson "very bullish" on GOP in midterms
President Trump wants Texas lawmakers to redraw the state's congressional map to increase Republicans' chances of keeping a House majority after the 2026 midterms. Speaker Mike Johnson joins "The Takeout" to weigh in on the proposal. Then, Molly Ball, senior political correspondent for The Wall Street Journal, Kadia Goba, congressional reporter for The Washington Post, and Alex Isenstadt, senior political reporter for Axios, join with analysis.
Takeaways from Trump's Federal Reserve tour
President Trump visited the Federal Reserve on Thursday to tour its multi-billion-dollar renovation project. It comes amid his repeated public attacks on Fed Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Congresswoman refers Fed Chair Powell to DOJ
As tensions remain high between the White House and the central bank, a Republican congresswoman is hitting Federal Reserve Chair Jerome Powell with a criminal referral to the Justice Department. CBS News MoneyWatch correspondent Kelly O'Grady joins to examine the disconnect between the Trump administration and the Fed.
Impact of Trump policies on housing costs
A new Semafor report says President Trump's policies are driving up housing costs. Its author, Congress reporter Eleanor Mueller, joins "The Takeout" to explain. Plus, Sophia Cai, White House reporter for Politico, joins to discuss how Mr. Trump's lawsuit against The Wall Street Journal compares to his previous litigation against media companies.
Premiums expected to rise for ACA enrollees
People who get their health insurance through the Affordable Care Act are expected to see a significant spike in their premiums next year because of several factors, including an end to certain tax credits. Dr. Jon LaPook explains.
Trump crypto adviser breaks down GENIUS Act
President Trump signed the GENIUS Act into law on Friday, establishing a regulatory framework for the roughly $250 billion cryptocurrency market known as stablecoin. Bo Hines, executive director of the President's Council of Advisers on Digital Assets, joins "The Takeout" to explain how the law works.
Sen. Warren defends Powell amid Trump attacks
Democratic Sen. Elizabeth Warren of Massachusetts, a longtime critic of Jerome Powell, is speaking out against President Trump's threats to fire the Fed chair. Warren joins "The Takeout" to explain her position and take stock of Mr. Trump's economy.
Democrats push for presidential library rules
President Trump's library is still several years away from fruition, but he's already raised millions of dollars toward its construction. The sources of the donations are raising concerns among some Senate Democrats. CBS News political investigative producer Madeleine May reports.
DOJ releases huge new set of Epstein files with many mentions of Trump
The Justice Department early Tuesday released more than 11,000 additional documents and photos from the Jeffrey Epstein files.
Supreme Court says Trump can't deploy National Guard to Chicago for now
President Trump invoked a law called Title 10 to bring members of the Illinois National Guard under federal service over the objections of state and local leaders.
19 states and D.C. sue HHS over effort to ban transgender care for minors
The declaration issued by the U.S. Department of Health and Human Services called treatments like puberty blockers, hormone therapy and surgeries unsafe and ineffective for children and adolescents experiencing gender dysphoria.
2 dead, about 20 injured in nursing home explosion in Pennsylvania, officials say
At least two people were killed and about 20 more injured in an explosion at a nursing home in Bristol, Pennsylvania, officials said.
3 die in explosion in area of Moscow where car bomb killed a general Monday
Three people, including two police officers, were killed in an explosion in Moscow, Russian investigators said, days after a car bomb killed a high-ranking general not far away.
D.C. National Guard shooting suspect facing 5 additional federal charges
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
Body of missing 9-year-old California girl Melodee Buzzard found, mother arrested
Authorities said Melodee Buzzard's body was found in a rural area outside of Cainville, Utah, and her mother was arrested Tuesday morning.
U.S. GDP grew at a blistering 4.3% pace in the third quarter
Economists polled by financial data firm FactSet had forecast an annualized 3% pace for the July to September period.
Exclusive
Trump administration seeks to cancel thousands of asylum cases
ICE has filed more than 8,000 requests to toss out asylum claims in immigration court, asking judges to send immigrants to third-party countries.
U.S.
More U.S.
California farming magnate, arrested in Arizona in wife's shooting death
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
What's open on Christmas Eve 2025? See which stores are operating.
Many businesses adjust their hours on Christmas Eve, so it's best to plan ahead if you need to do any last-minute shopping.
19 states and D.C. sue HHS over effort to ban transgender care for minors
The declaration issued by the U.S. Department of Health and Human Services called treatments like puberty blockers, hormone therapy and surgeries unsafe and ineffective for children and adolescents experiencing gender dysphoria.
D.C. National Guard shooting suspect facing 5 additional federal charges
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
Student loan borrowers in default could see wages garnished in 2026
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
MoneyWatch
More MoneyWatch
California farming magnate, arrested in Arizona in wife's shooting death
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
What's open on Christmas Eve 2025? See which stores are operating.
Many businesses adjust their hours on Christmas Eve, so it's best to plan ahead if you need to do any last-minute shopping.
Student loan borrowers in default could see wages garnished in 2026
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
Even store Santas are struggling to find a job these days
Job listings for store Santas have plunged in recent years as more families shop online and retailers look to contain costs, a new analysis found.
Consumer confidence continues to fade despite heady economic growth
Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said.
Politics
More Politics
19 states and D.C. sue HHS over effort to ban transgender care for minors
The declaration issued by the U.S. Department of Health and Human Services called treatments like puberty blockers, hormone therapy and surgeries unsafe and ineffective for children and adolescents experiencing gender dysphoria.
Student loan borrowers in default could see wages garnished in 2026
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
Supreme Court says Trump can't deploy National Guard to Chicago for now
President Trump invoked a law called Title 10 to bring members of the Illinois National Guard under federal service over the objections of state and local leaders.
Former GOP Sen. Ben Sasse says he has stage-four pancreatic cancer
Republican Ben Sasse represented Nebraska in the U.S. Senate from 2015 to 2023, then became president of the University of Florida.
FCC banning new foreign-made drones, a move China calls "discriminatory"
The Federal Communications Commission says it's banning new foreign-made drones, a move that will keep new Chinese-made drones out of the U.S. market.
HealthWatch
More HealthWatch
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
Finding hope through cancer clinical trials
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
Details on new flu strain as cases rise
The Centers for Disease Control and Prevention estimates there have been 4.6 million flu cases across the U.S. since the season began. Dr. Amanda Kravitz, a pediatrician at Weill Cornell in New York, explains what to know about rising cases, symptoms to watch for and how to protect your family.
World
More World
3 die in explosion in area of Moscow where car bomb killed a general Monday
Three people, including two police officers, were killed in an explosion in Moscow, Russian investigators said, days after a car bomb killed a high-ranking general not far away.
Louvre adds security bars to window used by jewel thieves
Maintenance workers secured metal bars over the window thieves used to break into the Louvre in October.
Major pre-Christmas Russian attack on Ukraine kills at least 3
Russia fired more than 650 drones and three dozen missiles at Ukraine in a major pre-Christmas attack, killing at least three people including a child.
U.S. military hits alleged "low-profile" drug vessel in Pacific, killing 1
The U.S. military says it struck a vessel that was allegedly carrying drugs in the eastern Pacific on Monday, killing one person — part of a months-long campaign of boat strikes near Latin America.
British man charged with repeatedly drugging and raping his now ex-wife
Philip Young was charged with 56 sexual offences, including multiple counts of rape and administering a substance with the intent to "stupefy" Joanne Young, his ex-wife.
Entertainment
More Entertainment
Taylor Swift donates $1 million to Feeding America, group says
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
A look at "The Artist" murder mystery series
Actor Mandy Patinkin and writer and director Aram Rappaport are behind the new murder mystery series, "The Artist," which is a work of historical fiction set in the Gilded Age. They speak to "CBS Mornings" about the series and how it got started. Patinkin also reflects on the life of Hollywood icon Rob Reiner.
Aubrey O'Day opens up about disturbing Sean "Diddy" Combs affidavit
Aubrey O'Day discusses the disturbing witness affidavit involving Sean "Diddy" Combs in a "CBS Mornings" interview on Tuesday.
How to watch the Kennedy Center Honors tonight on CBS and Paramount+
The 2025 Kennedy Center Honors will be broadcast tonight, Dec. 23, celebrating George Strait, Gloria Gaynor, Kiss, Michael Crawford and Sylvester Stallone.
"Call of Duty" co-creator Vince Zampella dies after crash on Los Angeles highway
Vince Zampella, a video game developer known for pioneering iconic franchises like "Call of Duty," died in a car crash on the Angeles Crest Highway in Los Angeles County on Sunday afternoon.
Technology
More Technology
Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
More Science
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
More Crime
California farming magnate, arrested in Arizona in wife's shooting death
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
D.C. National Guard shooting suspect facing 5 additional federal charges
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
Officials: Melodee Buzzard's body recovered
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
Delaware state trooper killed in DMV shooting
A Delaware state trooper was killed Tuesday during a shooting at a Wilmington DMV, the Delaware State Police said. The state's governor confirmed the shooter is also dead.
New trove of Epstein files released
The DOJ released more than 10,000 files in the Jeffrey Epstein case. The release includes court records, emails, news clippings, photos, spreadsheets, audio and video files. It also offers new details on Epstein's associates, including President Trump. Mr. Trump has not been charged in connection with Epstein and the new documents do not accuse him of any crime. Scott MacFarlane has more.
Space
More Space
Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
More Latest Galleries
Notable Deaths in 2025
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
2 killed in Pennsylvania nursing home explosion
Two people are dead after an explosion at a nursing home in Bristol, Pennsylvania, and several are still missing, Gov. Josh Shapiro said. CBS Philadelphia reporter Nikki DeMentri reports.
Holiday train delivers Christmas cheer
When the Canadian Pacific Kansas City holiday train rolls into town, the tracks transform into a holiday festival. Lana Zak has the story.
Financial strains of the "sandwich generation"
Between now and 2030, about 10,000 Americans will turn 65 every single day, giving rise to a term known as the "sandwich generation" -- adults who find themselves caring for their aging parents while still raising their own children. CBS News spoke to one woman about her struggles.
FDA approves weight loss drug in daily pill form
Regulators at the U.S. Food and Drug Administration gave the green light to a pill version of the blockbuster weight-loss drug Wegovy, the first daily oral medication approved to treat obesity. Dr. Jon LaPook has more.
Bystanders pull survivors from deadly plane crash
Federal investigators are looking into what caused a deadly plane crash in Galveston Bay, off the Texas coast. A medical plane transporting a child burn victim from Mexico went down with eight people on board. Five were killed, including the 2-year-old. Karen Hua has more on the rescue mission.