Trump's tariffs target remote Australian territory inhabited by penguins
The Trump administration hit the remote Australian territory Heard Island and McDonald Islands with a 10% tariff, but no humans inhabit the islands.
Taxes
How other nations are reacting to Trump's sweeping new tariffs
America's global trading partners are bristling at President Trump's tariff tactics, but many also stress a desire to strike new deals with the U.S.
What to know about Trump's latest tariffs
After much anticipation and intrigue, President Trump has finally unveiled his plan for sweeping reciprocal tariffs. He announced that goods from every nation the U.S. trades with will be subject to import taxes. He and his supporters argue the move will help bring manufacturing back to the U.S. CBS News' Kelly O'Grady, Olivia Rinaldi, Caitlin Huey-Burns and Lana Zak break it all down.
Can Trump's trade war with China correct years of imbalance?
As Trump's tariffs push Chinese businesses to seek new markets, one expert says the trade war is likely to get worse before it gets better.
Almost 98% of nation's wealth is owned by top half of Americans
Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and tariffs, experts say.
What new tax filers should know
Here are some tips for new filers participating in the 2024 tax filing season. Medora Lee, a personal finance reporter for USA Today, joins CBS News with more.
Trump's auto tariffs draw rebukes, concern from U.S. trading partners
Reaction to Trump's 25% auto tariffs include neighbors who insist "there shouldn't be any tariffs," to adversaries who say nobody will win a trade war.
Tax deductions you shouldn't overlook
Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
IRS revenue reportedly dropping $500 billion
The IRS and Treasury Department are predicting a loss of more than $500 billion in tax revenue compared to 2024, according to the Washington Post. CBS News White House reporter Aaron Navarro has more.
How to get your tax refund quickly
According to the IRS, 61.4 million tax returns have been received and more than 60.7 have been processed. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to get your refund quickly, this year's average refund amount and how to invest it.
These tax errors could delay your refund
We're less than a month out from tax day and if you still haven't filed there are some common mistakes you should try to avoid to make sure you get your refund in a timely fashion. Medora Lee, money and personal finance reporter for USA Today, joined CBS News with tips.
IRS chief counsel demoted and replaced with DOGE ally
IRS' top lawyer replaced amid DOGE's alleged push to share taxpayer info with other federal agencies.
Thinking of rolling over your old 401(k) into an IRA? Here's how.
If deciding what to do with an old 401(k) plan has been on your to-do list, here are the key steps you should take to get it done.
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax return in your name, potentially running off with your refund.
Culinary union member attends Trump's address
One of the defining promises of President Trump's 2024 campaign: Cutting taxes on tips. Democratic Rep. Steven Horsford of Nevada and his guest for Trump's address to Congress, culinary union member and tipped hospitality worker Yolanda Garcia, join CBS News to discuss.
Rep. DelBene on Trump-Zelenskyy meeting, more
Democratic leaders are sharing their concerns about the House Republicans' budget resolution. Rep. Suzan DelBene of Washington, chair of the Democratic Congressional Campaign Committee, joins "America Decides" to discuss.
Tax refunds in 2025 are about $1,000 less than in 2024. Here's why.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
Inside GOP's budget plan
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. CBS News congressional correspondent Caitlin Huey-Burns reports.
House facing first test of new Trump term
If House Speaker Mike Johnson wants to pass the Trump-backed budget plan, which includes trillions in tax cuts, he can only afford to lose one Republican vote. However, multiple GOP lawmakers have already said they are a "no" or leaning no. CBS News political correspondent Caitlin Huey-Burns has the latest.
How to reduce your taxable income
Contributing to your retirement plans, considering health savings accounts and donating to charity may help reduce your taxable income. Bankrate's Kemberley Washington joins CBS News with tips.
Gov. Lujan Grisham on potential Medicaid cuts
While President Trump insists he won't touch Medicaid, his agenda in Congress tells a very different story. The House is set to vote on a spending plan that could cut Medicaid funding by hundreds of billions of dollars to offset Trump's proposed tax cuts. New Mexico Democratic Gov. Michelle Lujan Grisham joins "America Decides" to discuss how the potential cuts could impact healthcare in her state.
Senate confirms Howard Lutnick as commerce secretary
The wealthy financier is a staunch supporter of the president's hardline trade polices.
Tax tips for remote workers
If you're still working from home, you might be looking into some home office deductions as you prepare your taxes. Money and personal finance reporter Medora Lee joined CBS News to discuss those potential deductions and other tax tips.
What to know about DOGE access to IRS data
The New York Times reports the IRS is planning to give a team member of DOGE access to sensitive taxpayer data. The IRS is also facing layoffs of probationary workers in the middle of tax season as DOGE continues to trim down the federal government. CBS News White House reporter Aaron Navarro has more.
IRS warns of tax advice on social media
While social media is a great place for DIY tips and new recipes, the IRS is cautioning taxpayers against using it for tax advice. Misinformation could end up costing you more than you bargained for. CBS News Philadelphia's Josh Sidorowicz reports.
Dow plunges more than 1,600 points as stocks recoil from tariff shock
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Top National Security Council staffers purged, U.S. officials say
One source said the firings come after Laura Loomer presented President Trump with opposition research on NSC staffers she views as neoconservatives or not sufficiently loyal to him.
Judge likely to begin contempt proceedings against DOJ over deportation flights
A federal judge said he's likely to begin contempt proceedings against government for failing to answer questions about deportation flights under the Alien Enemies Act.
Pentagon watchdog to evaluate Hegseth's use of Signal
The Pentagon inspector general's office said it would evaluate Hegseth's use of Signal to discuss strikes against the Houthis.
Hailey Okula, nurse influencer, dies from childbirth complications
Hailey Okula, a 33-year-old known online as "Nurse Hailey," died after giving birth to her first child, a son named Crew. She had dealt with infertility for almost two years.
2025 Atlantic hurricane season forecast released
A new forecast from researchers at Colorado State University predicts the 2025 hurricane season will be busier than an average year.
Layoffs spiked by 205% last month, fueled by DOGE mass firings
Job cuts more than tripled to 275,240 last month, a surge caused by mass layoffs of government workers by Elon Musk's DOGE.
Tornadoes and violent winds cause deadly damage in South and Midwest
Tornadoes and violent winds flattened homes and ripped apart buildings from Oklahoma to Indiana.
D.C. top prosecutor nominee touts legal work for Jan. 6 rioters to Senate
D.C. U.S. attorney nominee Ed Martin, in a Senate questionnaire, highlighted his litigation work for two Jan. 6 defendants.
U.S.
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Judge likely to begin contempt proceedings against DOJ over deportation flights
A federal judge said he's likely to begin contempt proceedings against government for failing to answer questions about deportation flights under the Alien Enemies Act.
Here's what economists are saying about Trump's "Liberation Day" tariffs
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Lawmakers pursue avenues to counter Trump tariffs
Backlash to President Trump's tariffs cropped up throughout Capitol Hill on Thursday, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports.
Uncertainty for federal workers fired then rehired: "What a mess"
Thousands of probationary employees were rehired by federal agencies after lawsuits challenging the legality of their terminations. But many of them still aren't working.
Ford offers employee pricing to car shoppers as auto tariffs kick in
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
MoneyWatch
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Here's what economists are saying about Trump's "Liberation Day" tariffs
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Uncertainty for federal workers fired then rehired: "What a mess"
Thousands of probationary employees were rehired by federal agencies after lawsuits challenging the legality of their terminations. But many of them still aren't working.
Ford offers employee pricing to car shoppers as auto tariffs kick in
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
Stellantis to pause production at Windsor plant, lay off 900 workers in Midwest
Jeep-maker Stellantis is idling production at plants in Canada and Mexico and will temporarily lay off 900 workers in the Midwest.
Trump's tariffs target remote Australian territory inhabited by penguins
The Trump administration hit the remote Australian territory Heard Island and McDonald Islands with a 10% tariff, but no humans inhabit the islands.
Politics
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Judge likely to begin contempt proceedings against DOJ over deportation flights
A federal judge said he's likely to begin contempt proceedings against government for failing to answer questions about deportation flights under the Alien Enemies Act.
Dr. Oz confirmed to head agency that oversees Medicare and Medicaid
The Senate confirmed Dr. Mehmet Oz is a party line 53-45 vote to lead the Centers for Medicare and Medicaid Services.
Lawmakers pursue avenues to counter Trump tariffs
Backlash to President Trump's tariffs cropped up throughout Capitol Hill on Thursday, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports.
Uncertainty for federal workers fired then rehired: "What a mess"
Thousands of probationary employees were rehired by federal agencies after lawsuits challenging the legality of their terminations. But many of them still aren't working.
Pentagon watchdog to evaluate Hegseth's use of Signal
The Pentagon inspector general's office said it would evaluate Hegseth's use of Signal to discuss strikes against the Houthis.
HealthWatch
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RFK Jr. cuts CDC labs investigating STD and hepatitis outbreaks
CDC officials are warning of delays and disruptions due to cuts to laboratory staff.
Hailey Okula, nurse influencer, dies from childbirth complications
Hailey Okula, a 33-year-old known online as "Nurse Hailey," died after giving birth to her first child, a son named Crew. She had dealt with infertility for almost two years.
Trump's DEI undoing undermines accommodations for disabled people
From halting diversity programs that benefit disabled workers to federal staffing cuts, the Trump administration has taken a slew of actions that harm people with disabilities.
Here's how cuts at NIH could impact cancer patients
The Trump administration's cuts to the National Institutes of Health has some worried about stalls in research and medicine.
FDA planning for fewer food and drug inspections due to layoffs, officials say
Around 170 staff were cut from the FDA's Office of Inspections and Investigations this week as part of wider cuts at U.S. health agencies.
World
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Trump's tariffs target remote Australian territory inhabited by penguins
The Trump administration hit the remote Australian territory Heard Island and McDonald Islands with a 10% tariff, but no humans inhabit the islands.
New search for MH370 suspended just weeks after it got underway
Malaysia says the latest hunt for missing flight MH370 has been suspended after less than 6 weeks, as "it's not the season" to scour the Indian Ocean.
Rare life-sized statues of toga-clad couple found in Pompeii tomb
The couple may have been married, and the woman appears to have been a priestess, researchers said.
BBC News sneaks in to reveal devastation as Myanmar quake toll tops 3,000
Myanmar's military rulers have kept journalists out since the devastating earthquake, so CBS News' partners at the BBC went undercover to reveal the scale of the disaster.
Stocks slide around the world as investors recoil from Trump tariffs
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Entertainment
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Aisha Bowe on her journey from community college to rocket scientist
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Bruce Springsteen releasing "Lost Albums" with songs never heard before
Bruce Springsteen announced "Tracks II: The Lost Albums" will feature seven full-length albums that were never released from 1983-2018.
Deborah Norville on leaving "Inside Edition"
Deborah Norville, the longest-serving female anchor in American TV history, says this will be her final season at "Inside Edition." She joins "CBS Mornings" to talk about what's next after three decades on the show.
Tucker Wetmore on debut album
Fresh off his first No. 1 hit and ACM nomination, Tucker Wetmore talks to "CBS Mornings Plus" about his journey to a billion streams and what fans can expect from "What Not To."
Nintendo Switch 2 unveiled
The next generation of Nintendo gaming is here. Tech expert Bridget Carey joins us to break down what to know about the Switch 2 ahead of its June 5 release and why it's already a must-have for Millennials and Gen Z.
Technology
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Technology
Nintendo unveils new Switch 2 console
Nintendo has unveiled its next console, the Switch 2. Washington Post reporter Gene Park joins "The Daily Report" to discuss the new user experience, the price and possible security concerns.
Amazon tells White House it's interested in buying TikTok
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.
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.
What to know about RedNote
CBS News Confirmed looks at why users are flocking to RedNote, the new Chinese app raising red flags over data privacy and propaganda, as TikTok faces a potential U.S. ban.
Growing demand to power AI, cryptocurrency
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
Science
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Archaeologists discover mass grave from Roman Empire-era battle
Experts at the Vienna Museum provided a public presentation of the mass grave this week, which had the bodies of more than 100 people.
Astronauts on unexpected 9-month space mission
Originally scheduled for just 8 days aboard the International Space Station, the two astronauts spent over 9 months in orbit due to delays with their Boeing Starliner return. Now back on Earth, they share how they coped, what they missed most, and how the mission unexpectedly became political.
Icelandic volcano erupts, shutting down popular tourist attraction
Authorities in Iceland were forced by a new volcanic eruption to evacuate dozens of homes and shut down the hugely popular Blue Lagoon tourist attraction.
SpaceX's Fram2 launch sends civilian crew into flight around Earth's poles
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
Ancient wasp snatched prey like Venus flytrap, scientists say
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
Crime
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Man wanted for murder breaks leg trying to flee from U.S. Marshals
Charles Ray Blevins, 38, allegedly shot and killed a man while on parole in 2019.
What to know about federal executions as DOJ seeks death penalty for Mangione
Each death penalty case is authorized by the DOJ headquarters in Washington, D.C., in consultation with local U.S. Attorney offices, who prosecute the cases.
Man accused of trying to kill Kavanaugh intends to plead guilty, court docs show
Nicholas Roske was found outside Supreme Court Justice Brett Kavanaugh's home with a gun and a knife in 2022.
Adams reacts to judge dismissing case
New York City Mayor Eric Adams touted a judge's decision to dismiss his federal corruption case with prejudice. Adams faced several counts of bribery, conspiracy and campaign finance violations. CBS News' Shanelle Kaul has more.
Fugitive leader of notorious Ecuador drug gang is indicted in U.S.
José Adolfo Macías Villamar — known as "Fito" — has led Los Choneros and its "network of assassins and drug and weapon traffickers" since at least 2020, federal prosecutors said.
Space
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Aisha Bowe on her journey from community college to rocket scientist
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Aisha Bowe prepares for liftoff
Aisha Bowe, a former NASA rocket scientist and tech founder, will become the first person of Bahamian heritage to travel to space. She joins Gayle King and an all-female Blue Origin crew launching April 14 and joins "CBS Mornings' to talk about how she is preparing.
"City-killer" asteroid has slim chance of striking moon, experts say
The 2024 YR4 asteroid has a near-zero chance of striking Earth, but a slim chance of hitting the moon, new research says.
NASA's SPHEREx space telescope releases its first images
The first images captured by NASA's SPHEREx space telescope showed tens of thousands of stars and galaxies.
Wilmore, Williams on space stay
Butch Wilmore and Suni Williams are sharing more details about their experience in space aboard the International Space Station after their time in Boeing's Starliner capsule. CBS News' Mark Strassmann spoke to the pair about their journey.
Latest Galleries
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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.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
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.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Latest CBS News Videos
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Latest CBS News Videos
Pentagon watchdog to evaluate Signal leak
The Pentagon's Inspector General's Office said it will look into whether Defense Secretary Pete Hegseth's use of Signal complied with Defense Department policies. CBS News senior national security correspondent Charlie D'Agata reports.
Stocks see biggest wipeout since 2020
Stocks cratered in the U.S. on Thursday, one day after President Trump unveiled his plans for a 10% baseline tariff on all nations and higher levies for some. CBS News' John Dickerson anchors a special report.
Apr 3: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leaders
Trump addresses reporters as markets fall
President Trump spoke to reporters outside the White House Thursday, defending his new trade tariffs despite major market slides. CBS News White House reporter Olivia Rinaldi and CBS News MoneyWatch correspondent Kelly O'Grady have the latest.
Lawmakers react to Trump's tariffs
A resolution to reverse President Trump's tariffs on Canada passed in the Senate as lawmakers grapple with his latest announcement on trade. CBS News' Nikole Killion reports.