A look back at 1990's quirky recession
In this fun "Mornings Memory," we revisit a hands-on illustration from 1990, where large and colorful balls were used on CBS This Morning to explain the complexities of supply and demand during a recession.
In this fun "Mornings Memory," we revisit a hands-on illustration from 1990, where large and colorful balls were used on CBS This Morning to explain the complexities of supply and demand during a recession.
On Sunday, the last full-size Kmart in the continental United States closed. The retail chain first opened in 1899 and officially changed its name to Kmart Corporation in the 1970s. By the following decade, there were more than 2,000 stores nationwide. The retail chain later fell victim to competition from Walmart, Target and eventually online giants like Amazon.
CBS News business analyst Jill Schlesinger shares essential tips on selecting the right health insurance and benefits plan for the year ahead. The enrollment period is now open for some employer-sponsored plans and Medicare, with ACA plans starting on Nov. 1.
It's open enrollment season and certain considerations to your health plan could help you save money on taxes and other costs. CBS News business analyst Jill Schlesinger breaks down the best tips.
The latest producer price index data may help the Federal Reserve move toward more interest rate cuts in the future as more signals appear to indicate that U.S. inflation is cooling. CBS News' Jo Ling Kent breaks down the September numbers.
Analysts estimate Hurricane Milton could have caused up to $50 billion in insured losses for Florida property owners. CBS News business analyst Jill Schlesinger explains what to do about filing a claim.
Consumer prices are gradually cooling off in the U.S., according to the latest Labor Department numbers. The annual inflation rate hit 2.4% in September, the lowest point since February 2021. CBS News contributor Javier David breaks down the data.
The latest consumer price index report, the last that will be released before Election Day, showed inflation continued to cool in September. CBS News business analyst Jill Schlesinger has more.
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.
Former President Donald Trump has long shared plans for mass deportations if he returns to office, but how much would that cost? A new report from the American Immigration Council has some eye-popping figures. Adriel D. Orozco, senior policy counsel at the AIC, joins "America Decides" to dig through the findings.
Mellody Hobson, the co-CEO and president of Ariel Investments, discusses why it's important to talk with kids about money and how her childhood experiences helped shape her views.
In her new weekly segment on "CBS Mornings Plus," Jill Schlesinger offers valuable financial advice to help parents save money.
One of the top problems facing Americans is the high cost of health care. At the last presidential debate, former President Donald Trump said he had "concepts of a plan" for replacing the Affordable Care Act. Watch Ohio Sen. JD Vance and Minnesota Gov. Tim Walz discuss their campaigns' health proposals.
About 25,000 dockworkers from Boston to Houston went on strike over higher pay and stronger guardrails around their jobs being automated out of existence. CBS News senior business and technology correspondent Jo Ling Kent reports on the economic impact.
Moody's Analytics predicts Hurricane Helene will cause $15 to $26 billion in property damage alone, and AccuWeather estimates the total damage and economic loss could cost up to $110 billion. These figures would make Helene one of the most expensive storms in the country's history. Mark Friedlander, spokesperson for the Insurance Information Institute, joins CBS News to explain how the natural disaster will impact home insurance prices.
Thousands of dockworkers are poised to walk off the job Tuesday, as their union and the U.S. Maritime Alliance remain at an impasse in negotiations. The work stoppage is expected to involve 14 ports and roughly 25,000 workers. CBS News senior transportation correspondent Kris Van Cleave unpacks the strike's potential financial impact.
Scammers overseas are targeting Americans' hearts and their wallets. Men, who believe they're speaking with women online, are lured into sending them money -- but that money often ends up in the hands of young men in the West African nation of Ghana. CBS News foreign correspondent Debora Patta reports on her yearlong investigation into these operations.
The Justice Department sued Visa on Tuesday, accusing the credit card business of reaping big profits by shutting out rival payment processors and passing on costs to consumers. CBS News legal contributor Jessica Levinson joins to unpack the antitrust allegations and what they could mean for the credit giant.
The head of the United Nations wants the fossil fuel industry banned from advertising, arguing its practices threaten the health and safety of people everywhere by driving climate change. Sports leagues are among the top recipients of fossil fuel cash, according to two new studies. CBS News national environmental correspondent David Schechter joins to discuss.
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent looks at the data.
A LinkedIn survey earlier this year revealed 85% of American workers want to pursue new roles. But that may prove difficult after August's jobs report showed the hot labor market is cooling down. Catherine Fisher, career expert at LinkedIn, joins CBS News with tips on how to stand out if you're looking to make a change.
The U.S. added 142,000 jobs in August, the Labor Department reported Friday, which was below forecasts, although the unemployment rate ticked down to 4.2%. Economists still overwhelmingly anticipate an interest rate cut from the Federal Reserve in mid-September. Jo Ling Kent has details.
Tipping feels like a growing part of our daily life, and the numbers support this. According to the payroll processing firm Gusto, 6.5% of American retailers currently accept tips, which is nearly twice the amount recorded in 2019. Michael Lynn, a professor at the Cornell School of Hotel Administration, joins to discuss.
The Federal Reserve is expected to cut interest rates in September as inflation appears to cool. CBS News contributor Javier E. David has more on what to expect.
More Americans are having to choose between food and energy bills as the price of electricity rises. The cost is based on many factors, but one stands out from the rest — and is likely only going to make matters more complicated and expensive.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
A judge has struck down Wyoming's overall ban on abortion and its first-in-the nation explicit prohibition on the use of medication to end pregnancy.
The families of eight school shooting victims opened their doors to Steve Hartman and photographer Lou Bopp, allowing them to document their children's bedrooms.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack.
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
A judge has struck down Wyoming's overall ban on abortion and its first-in-the nation explicit prohibition on the use of medication to end pregnancy.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
President-elect Donald Trump says former Wisconsin Rep. Sean Duffy is his choice for transportation secretary as he continues to roll out picks for his Cabinet.
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
President-elect Donald Trump announced he selected former Florida Rep. Matt Gaetz to serve as attorney general.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
There is currently no cure for Parkinson's Disease. But some with Parkinson's are finding that an unusual therapy – rock climbing – is helping them improve their balance, mobility, strength and cognition.
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
Air pollution chokes New Delhi every winter, but this year's smog has already derailed everything from transport and road work to schools.
The sister of Aysenur Ezgi Eygi, an American activist killed in the Israeli-occupied West Bank, says her idealistic vision of the U.S. has been shattered.
A Russian lawmaker calls President Biden's decision to let Ukraine fire U.S. missiles deep into Russia a "very big step toward the beginning" of a third world war.
Bernadett "Betty" Szabo, 19, was stabbed multiple times just months after giving birth to a baby boy.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
The stars of Ridley Scott's "Gladiator II" discuss the film's legacy and stepping back into the world of ancient Rome.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Ridley Scott's latest masterpiece revisits the world of ancient Rome with new characters and intense drama. The cast of "Gladiator II" talks to Nate Burleson on working with Scott and carrying forward the spirit of the iconic original.
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
In an online conversation about aging adults, Google's Gemini AI chatbot responded with a threatening message, telling the user to "please die."
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.
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch correspondent Kelly O'Grady explains.
The Guardian says benefits of being on Elon Musk's social media platform X are outweighed by its "often disturbing content."
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 trillion in the last 10 years.
Scientists say they've discovered a "mega coral" three times bigger than the previous record holder - so huge they initially thought it was a shipwreck.
Seal-shaped boards decked with bright horizontal lights were less likely to be attacked by great white sharks, researchers found.
Oil and natural gas companies will have to pay a federal fee if they emit methane above certain levels under a rule being finalized by the Biden administration that incoming Trump officials are likely to reverse.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
CBS News has learned the case against the man accused of killing a University of Georgia nursing student could be in the hands of the judge as early as Tuesday. Jose Ibarra, an undocumented immigrant from Venezuela, has pleaded not guilty to killing 22-year-old Laken Riley while she was jogging on campus in February. CBS News national correspondent Manuel Bojorquez has the latest from Athens, Georgia.
Officials say 13 people were shot during two incidents along a New Orleans "second line" parade route. CBS News' Kati Weis breaks down what's known.
Jose Ibarra's trial for the murder of Laken Riley, a student at Georgia's Augusta University College of Nursing, continues as Ibarra's family members are expected to testify on his behalf. CBS News contributor Caroline Polisi breaks down the latest in the case.
Two people were killed in two separate shootings along a New Orleans parade route Sunday night. No arrests have been made so far. CBS News national reporter Kati Weis has more.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
With an Election Day docking, the cargo ship delivered 3 tons of supplies and equipment, including an unusual wooden satellite.
Two sister meteor showers are already flashing across night skies — and will peak a week apart.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
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.
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.
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
There are signs of progress on at least one front of the conflict in the Middle East. CBS News senior foreign correspondent Elizabeth Palmer has the latest on reports of a cease-fire deal between Israel and Iran-backed Hezbollah in Lebanon.
Americans are bracing for President-elect Donald Trump's proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O'Grady looks at the potential economic impact. Then, small business owner Andy Gossett joins to discuss what the tariffs would mean for his outdoor sporting goods company.
At least two of President-elect Donald Trump's Cabinet picks are involved in controversy. Now there are questions about whether Matt Gaetz and Pete Hegseth have the support to get confirmed for their intended roles. CBS News congressional correspondent Nikole Killion has new reporting.
Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on what this means for travelers.