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The Supreme Court rejected an effort Thursday to undermine the power of the Consumer Financial Protection Bureau. The agency was created after the 2008 financial crisis to protect consumers from unfair practices. CBS News legal contributor Jessica Levinson joins "The Daily Report" to unpack the case.
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Higher cocoa prices are hitting chocolate lovers' wallets. CBS News reporter Taurean Small explains what's driving the increase, and what chocolate brands are doing to adapt.
Inflation declined slightly in April after two straight months of increases, the U.S. Bureau of Labor Statistics announced Wednesday. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to unpack the numbers.
U.S. inflation cooled slightly in April, but President Biden says prices are still too high. CBS News executive director of elections and surveys Anthony Salvanto explains how voters feel about rising prices' impact.
The White House announced new tariffs on Chinese imports Tuesday as part of an effort to protect U.S. businesses. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess the policy changes.
President Biden announced new steps Tuesday to keep China from undercutting U.S. companies. His administration is hiking tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. CBS News chief White House correspondent Nancy Cordes reports.
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
If you buy more items than you need to get a discount, you might be guilty of "spaving" -- or spending more to save money. While retailers' clever marketing ploys convince you you're getting a deal, the practice often leads to overspending. CBS News MoneyWatch reporter Megan Cerullo explains the financial pitfall and how to avoid it.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
According to the Labor Department, job growth slowed across the U.S. in April but remained healthy. While the number of jobless claims remains historically low, a Business Insider report is warning of a possible white-collar recession. Aki Ito, chief correspondent at Business Insider, joins CBS News to explain.
The Federal Reserve announced Wednesday it is keeping interest rates steady. The move comes as the central bank continues to deal with inflation. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss.
The Federal Reserve announced Wednesday it is leaving interest rates unchanged. Rates are the highest they've been in more than twenty years. CBS News senior business and technology correspondent Jo Ling Kent joins to discuss.
Students will not have to answer questions regarding grandparent contributions on the new FAFSA forms for college tuition assistance. Jillian Berman, a deputy enterprise editor at MarketWatch, joins CBS News with more details on the "grandparent loophole."
Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news boosted shares more than 10% in after-hours trading Wednesday.
The Federal Trade Commission officially banned new noncompete agreements Tuesday, giving workers who are considering quitting more options. The U.S. Chamber of Commerce plans to sue in response.
Americans are losing millions of dollars every year to scammers who steal money directly from their bank accounts, often through fraudulent wire transfers. U.S. senators are now pressing banks for answers about what they’re doing to stop it.
An 81-year-old man is charged with murder after thinking the victim was connected to a scam. William Brock received a threatening call last month from someone demanding money. The scammers also called Loletha Hall, an Uber driver, to pick up a package from Brock’s home. Brock confronted Hall with a gun, believing she was connected to the threats. He is now charged with her murder. Warning: The video in this story is disturbing.
For the third straight month, prices have risen more than expected as inflation refuses to come down. Prices rose 3.5% in March compared to a year ago. That’s the biggest increase in six months.
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
The Wall Street Journal reports Americans are turning to social services helpline 211 in economic emergencies. Rachel Wolfe, consumer trends reporter for The Wall Street Journal, joins CBS News to discuss.
Inflation rose more than expected for the third straight month. Gas, rent and grocery prices are the major categories keeping inflation stubbornly high. Jo Ling Kent reports.
Summer camp sticker shock has some parents looking for ways to cut costs.
The Consumer Price Index rose 0.4% last month largely due to the cost of rent and gas. Prices are up 3.5% over the past 12 months, and the latest numbers cast doubt on interest rate cuts. CBS News business analyst Jill Schlesinger has more.
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
Russia's defense ministry says Ukraine launched its first attack using U.S.-made ATACMS missiles days after Biden gave Kyiv permission to fire the weapons deeper into Russia.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
As House Democrats conduct the leadership elections Tuesday, the party is still reeling from the results of the 2024 elections — and reckoning with the path forward.
Officials suspect that migratory birds likely spread the H5N1 virus there.
Sources say President-elect Donald Trump will be on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket today.
Chinese authorities haven't said how many children and adults were injured in the latest incident at a school, nor if it was an accident, or the latest in a series of attacks targeting kids.
Rep.-elect Sarah McBride became the first transgender person elected to Congress when she won the race for Delaware's only House seat two weeks ago.
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
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.
The family of Brandon Durham is pushing for answers after he was shot by a police officer after calling for help.
Rep.-elect Sarah McBride became the first transgender person elected to Congress when she won the race for Delaware's only House seat two weeks ago.
Sources say President-elect Donald Trump will be on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket today.
As House Democrats conduct the leadership elections Tuesday, the party is still reeling from the results of the 2024 elections — and reckoning with the path forward.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95.
"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 have empty shelves 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.
Rep.-elect Sarah McBride became the first transgender person elected to Congress when she won the race for Delaware's only House seat two weeks ago.
As House Democrats conduct the leadership elections Tuesday, the party is still reeling from the results of the 2024 elections — and reckoning with the path forward.
Texas public elementary schools could use teachings from the Bible in lessons under a proposal drawing intense opposition and praise.
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.
Officials suspect that migratory birds likely spread the H5N1 virus there.
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.
Russia's defense ministry says Ukraine launched its first attack using U.S.-made ATACMS missiles days after Biden gave Kyiv permission to fire the weapons deeper into Russia.
Police in Norway have arrested the 27-year-old son of Crown Princess Mette-Marit on suspicion of rape, saying the alleged victim was "unable to resist the act."
As undersea cables are cut, Finland and Germany say Europe is threated not only bt Russia's war in Ukraine, but "from hybrid warfare by malicious actors."
A senior Israeli official has said openly that the West Bank should become part of Israel, not a future Palestine. Could it happen under Trump?
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
Keke Palmer joins "CBS Mornings" to talk about her new memoir "Master of Me" which explores her journey in entertainment and the secrets to shaping her own narrative.
Ridley Scott's return to Gladiator brings new faces to the franchise. Pedro Pascal, Joseph Quinn and Fred Hechinger share their experience joining the series.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
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 Justice Department is reportedly asking a judge to force Google's parent company to sell its Chrome browser following a ruling that declared the company's search engine practices an illegal monopoly.
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
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.
In an online conversation about aging adults, Google's Gemini AI chatbot responded with a threatening message, telling the user to "please die."
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.
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
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.
The family of Brandon Durham is pushing for answers after he was shot by a police officer after calling for help.
Police in Norway have arrested the 27-year-old son of Crown Princess Mette-Marit on suspicion of rape, saying the alleged victim was "unable to resist the act."
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
A man pleaded guilty in the 2015 killings of a Georgia couple after a magnet fisher pulled in a rifle and other evidence linked to the case.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
Sources say President-elect Donald Trump will be on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket today.
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.
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.
It's been 1,000 days since Russia invaded Ukraine. A day after the U.S. approved Ukraine's use of long-range missiles against Russia, a Russian strike killed seven people in the country's Sumy region. The U.S. gave permission for the missiles to be used on targets deep inside Russia, with some having a range of close to 200 miles.
A Las Vegas father was shot and killed by police in his home after calling 911 for help in a home invasion. Newly released police body cam video shows Brandon Durham struggling with an alleged intruder before an officer opens fire. Now his family is calling for that officer's arrest. Warning: This video is disturbing to watch.
On the campaign trail, President-elect Donald Trump pledged to carry out "the largest deportation program in history." In a social media post Monday, he confirmed he's preparing to declare a national emergency and use military assets to do it. Declaring a state of emergency would allow Trump to tap into additional funding and resources needed to carry out a mass deportation program of this scale.
Two women testified before a House ethics panel that former Rep. Matt Gaetz paid them for sex, their lawyer told CBS News. Gaetz, who is President-elect Donald Trump's attorney general pick, has denied all wrongdoing. Trump transition spokesman Alex Pfeiffer said "these are baseless allegations" in a statement on Monday.
Keke Palmer joins "CBS Mornings" to talk about her new memoir "Master of Me" which explores her journey in entertainment and the secrets to shaping her own narrative.