Retail earnings reports come out for 2024 Q3
Retailers are putting out their third-quarter earnings reports ahead of the big holiday spending season. CBS News contributor Javier E. David has a look at the numbers.
Target
Target tumbles 22% after its earnings fall short. Here's what happened.
Target stock tumbled more than 20% after reporting earnings that fell short of forecasts. Here what's going on.
Retailers announce holiday price cuts
Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before the holidays. Jordyn Holman, business and retail reporter for the New York Times, joined CBS News to discuss the price reductions.
Frozen waffles sold at Walmart and other stores recalled over listeria
The frozen waffles, made by Treehouse Foods, were sold under store brands including Walmart's Great Value and Target's Good and Gather.
Target says its price cuts are paying off as shoppers return
Target's comparable sales rose for the first time in a year as grocery aisle deals for cash-strapped customers began to pay off.
Target offering coupons for used denim
Target is giving back-to-school shoppers an incentive to recycle this summer, offering 20% discount coupons for purchases of new denim to customers who bring in used denim to the retail giant. Target says it will recycle what people bring in and turn it into new products. Alyssa Hardy, author and contributing editor at Teen Vogue, joined CBS News to discuss the program.
Shopping
Target has a massive competing sale on Day 2 of Prime Day
Target's anti-Prime Day sale is delivering huge savings on TVs, laptops, robot vacuums and more.
Target will soon stop accepting personal checks from customers
Starting July 15, Target will no longer accept personal checks as payment from customers, citing changing financial habits.
Major brands scaled back Pride campaigns in 2024. Here's why that matters.
Some of the world's largest companies have toned down their Pride campaigns in the wake of last year's backlash against Target and Bud Light.
Amazon, Walmart and Target summer sales
Walmart and Target are launching their own sales to go up against Amazon's Prime Day on July 16 and 17. Business Insider senior retail reporter Alexander Bitter joined CBS News to discuss the deals.
Target introduces new AI tool for employees
Target is launching a new artificial intelligence tool called Store Companion that will appear as an app on workers' hand-held devices and help them answer customers' questions. Jordyn Holman, business reporter for the New York Times, joined CBS News to discuss the development.
Walgreens is cutting prices on 1,300 items, joining Target and other retailers
Prices for vitamins, tampons, facial cleanser, lotion, box fans and chips have also been lowered, the company said.
Retailers roll out deals as summer starts
Major retailers like Walmart and Target are cutting prices to attract more consumers, but will the deals be enough for those struggling to make ends meet? CBS News contributor Javier E. David has more on that and how summer spending could affect the Federal Reserve's decisions on interest rates.
Stores are cutting prices for inflation-weary shoppers. Here's where.
Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather.
Shopping
Best home deals and finds at the Target Memorial Day sale
Save up to 58% on patio furniture, cleaning supplies, bath essentials and more at Target's Memorial Day sale.
Target cutting prices on thousands of items
Target is slashing prices on more than 5,000 items by this summer. Prices for household items like milk, bagels, diapers and even pet food are dropping, but there are concerns the move could hurt small businesses struggling to compete with larger chains. Columbia's retail studies director Mark Cohen joins to discuss.
Target to cut prices on 5,000 items in bid to lure cash-strapped customers
Target joins other retailers and other major businesses moving to slash prices as inflation-weary consumers grow thriftier.
Target is limiting customers to 10 items at self-checkout
While they are convenient and can save retailers money, self-checkout lines can also enable more theft.
Target strikes deal with Diane von Furstenberg for clothing line
Retailing giant Target will debut a clothing, accessories and home-decor line with the iconic designer, starting in March.
California woman arrested in theft of 65 Stanley cups — valued at nearly $2,500
"While Stanley Quenchers are all the rage, we strongly advise against turning to crime to fulfill your hydration habits," said the Roseville police.
Trump targets Haley in New Hampshire
Former President Donald Trump's schedule sees him on the offensive in New Hampshire, targeting Nikki Haley, his main competitor in the upcoming GOP primary. Meanwhile, in New York, his heated exchanges during E. Jean Carroll's defamation lawsuit led to judicial warnings. CBS News' Caitlin Huey-Burns reports.
CVS closing dozens of Target pharmacies
CVS is still working on closing hundreds of stores, including some pharmacies inside Target stores, blaming the changes on waning foot traffic, rising competition and workforce shortages, according to Bailey Schulz, a consumer news reporter for USA Today, who joined CBS News with her look at CVS' plan.
CVS closing dozens of pharmacies inside Target stores
The nation's largest drugstore chain says closures to start next month and end in early April.
What is the reason behind the pink Stanley cup craze?
Shoppers waited in line outside of Target stores for hours to try and nab a highly-coveted pink Stanley cup. So, what's the reason behind the craze?
Target closing 9 stores in major cities
Target announced that it is closing nine stores in major cities next month, citing "theft and organized retail crime."
GOP senator blocks promotion of general involved in Afghanistan withdrawal
Lt. Gen. Christopher Donahue was slated to be promoted to a four-star rank and take command of the U.S. Army in Europe.
Nations at COP29 climate talks agree on $300 billion a year for poor countries
The $300 billion will go to developing countries who need the cash to wean themselves off coal, oil and gas.
Trump picks former White House aide Brooke Rollins to lead the USDA
The sprawling U.S. Department of Agriculture controls policies, regulations and aid programs related to farming, forestry, ranching, food quality and nutrition.
Singer-songwriter Khalid comes out as gay after being outed
The Grammy nominee, 26, posted a rainbow flag emoji and short statement, then added in another post that he had been "outted."
Israeli airstrikes kill at least 20 in Beirut as diplomats push for cease-fire
The strikes, which destroyed an eight-story building and left a crater in the ground, were the fourth in Beirut in less than a week.
Here's who Trump has picked for Cabinet and other top jobs
Here's a list of people President-elect Donald Trump has chosen for critical Cabinet posts and top White House jobs.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
2 killed in U.S. Civil Air Patrol plane crash in Northern Colorado
Two people were killed and a third was injured when a U.S. Civil Air Patrol plane crashed in Colorado's Front Range Saturday morning.
$20 million settlement reached in death of woman fatally shot by officer
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
U.S.
More U.S.
GOP senator blocks promotion of general involved in Afghanistan withdrawal
Lt. Gen. Christopher Donahue was slated to be promoted to a four-star rank and take command of the U.S. Army in Europe.
Trump picks former White House aide Brooke Rollins to lead the USDA
The sprawling U.S. Department of Agriculture controls policies, regulations and aid programs related to farming, forestry, ranching, food quality and nutrition.
North Dakota Badlands national monument proposed with tribes' support
This would be North Dakota's first national monument, a proposal several tribal nations say would preserve the area's indigenous and cultural heritage.
$20 million settlement reached in death of woman fatally shot by officer
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
Dartmouth sorority, fraternity members charged in student's drowning death
Police in New Hampshire, where Dartmouth is located, announced that Alpha Phi was charged with one count of facilitating an underage alcohol house.
MoneyWatch
More MoneyWatch
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Walmart must pay driver it accused of fraud $35 million, jury says
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Supreme Court takes up FCC fund dispute over subsidies for rural telecom services
The Universal Service Fund was created by Congress in 1996.
Politics
More Politics
GOP senator blocks promotion of general involved in Afghanistan withdrawal
Lt. Gen. Christopher Donahue was slated to be promoted to a four-star rank and take command of the U.S. Army in Europe.
Trump picks former White House aide Brooke Rollins to lead the USDA
The sprawling U.S. Department of Agriculture controls policies, regulations and aid programs related to farming, forestry, ranching, food quality and nutrition.
Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
HealthWatch
More HealthWatch
New treatments offer hope for older patients with a deadly cancer diagnosis
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
1 infant dead in California, 9 hospitalized in latest listeria outbreak
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
E. coli outbreak in St. Louis sickens 106, hospitalizes 2
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
What to know about the newly identified chemical in U.S. drinking water
Researchers have identified a chemical in certain tap water across the United States as chloronitramide anion. Here's what to know.
Whole Foods organic carrots and celery recalled amid E. coli outbreak
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
World
More World
Nations at COP29 climate talks agree on $300 billion a year for poor countries
The $300 billion will go to developing countries who need the cash to wean themselves off coal, oil and gas.
Russia bans child adoption from countries that allow gender transition
The adoption ban would apply to at least 15 countries, most of them in Europe, and Australia, Argentina and Canada.
Kayaker's leg amputated after 20-hour rescue to free him from rocks
Officials said the man, a tourist in his 60s, was kayaking with friends in the Franklin River when he slipped and became trapped.
Israeli airstrikes kill at least 20 in Beirut as diplomats push for cease-fire
The strikes, which destroyed an eight-story building and left a crater in the ground, were the fourth in Beirut in less than a week.
A craving for good food flips gender roles in Italy
Around the world, women cook more meals per week than men, but Italy serves as the exception to the rule.
Entertainment
More Entertainment
Singer-songwriter Khalid comes out as gay after being outed
The Grammy nominee, 26, posted a rainbow flag emoji and short statement, then added in another post that he had been "outted."
Jonathan Majors' ex-girlfriend drops assault and defamation lawsuit
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
The Coward Brothers perform "Early Shirley"
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. Now, from "The Coward Brothers," here are the Coward Brothers with "Early Shirley."
The Coward Brothers on new album
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. The pair opened up to CBS Saturday Morning about their fictional personas and that long hiatus earlier this week.
The Coward Brothers perform "Tipsy Woman"
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. Now, from "The Coward Brothers," here are the Coward Brothers with "Tipsy Woman."
Technology
More Technology
Technology
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
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.
Australia could ban social media for kids
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
DOJ targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
Science
More Science
Science
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Crime
More Crime
$20 million settlement reached in death of woman fatally shot by officer
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
U.S. accuses former Colombia general of extrajudicial killings
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
4.78 tons of cocaine, $193,000 in cash found in shipping containers
Prosecutors said eight people were detained following searches carried out in Belgium and the Netherlands earlier this month.
84-year-old Texas man accused of killing roommate and her dog
The man was arrested on an unrelated carjacking warrant and admitted to killing his roommate and her pet.
Space
More Space
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
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.
Latest Galleries
More Latest Galleries
Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
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.
Summer music heats up 2024
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
The Coward Brothers perform "Early Shirley"
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. Now, from "The Coward Brothers," here are the Coward Brothers with "Early Shirley."
The Coward Brothers on new album
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. The pair opened up to CBS Saturday Morning about their fictional personas and that long hiatus earlier this week.
The Coward Brothers perform "Tipsy Woman"
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. Now, from "The Coward Brothers," here are the Coward Brothers with "Tipsy Woman."
Behind the wheel of priceless car collection
This morning, we travel to Los Angeles to explore an American entrepreneur's priceless car collection. It's a thing of beauty fittingly built by a cosmetics empire — and the collection is now so large it can't fit under one roof.
The Dish: Andrew Zimmern
Today in a special Thanksgiving edition of the Dish, Dana Jacobson sits down with chef, cookbook author and social activist Andrew Zimmern. He's made a name for himself with his activist persona and versatile cooking, earning recognition and awards — including an Emmy. But when it comes to Thanksgiving, Zimmern takes time to reflect on the darker times of his life — and celebrates where he is now.