Federal Reserve maintains its benchmark interest rate at June meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
MoneyWatch
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Social Security insolvency date could hit a year earlier, report says
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
The U.S. minted 1,000 new millionaires a day last year, UBS report says
The U.S. accounts for the largest share of individuals with net worths of at least $1 million across the globe.
U.S. Steel and Nippon Steel partnership is finalized, companies say
U.S. Steel and Nippon Steel have finalized their partnership and revealed new details about the deal.
Chicken dishes sold at Walmart, Kroger recalled over listeria concerns
The chicken dishes could be linked to a possible outbreak strain of listeria associated with three deaths and one fetal loss.
U.S. Steel-Nippon deal includes "golden share" giving Trump unusual power
President Trump on Friday cleared way for Nippon Steel purchase of U.S. Steel, including unusual control for the president.
These are the best-run cities in the U.S. See where your city ranks.
A city in Utah ranks as the best-run American town, based on a new analysis of public finances, the local economy and more.
Trump to extend TikTok deadline another 90 days, White House says
The Trump administration has ignored a bipartisan law that requires TikTok and ByteDance to fully sever ties.
The GOP wants people up to age 64 to work for food stamps and Medicaid
The GOP's "big beautiful bill" would require people up to age 64 to certify they're working to get aid. Here's what the research shows.
Managing Your Money
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How long it really takes to get out of credit card debt (with and without help)
The timeline to escape credit card debt varies significantly depending on your approach. Here's what to know.
How much will a 1-year CD earn if opened this June?
A 1-year CD may not have the same rate it had in 2023 and 2024, but the potential returns are still substantial.
$50,000 HELOC vs. $50,000 home equity loan: Which is cheaper this June?
While the borrowing amounts may be identical, the repayment costs will not be. Here's what to know this June.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
Americans fear going broke in retirement more than death, study finds
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Here's the magic number Americans say they need for retirement
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
3 questions to ask about your retirement savings when stocks plunge
The first weeks of the new Trump administration have sparked stock market jitters and recession fears. Here's advice from top experts.
Work
New college grad? Here's what experts say you should know about AI.
We asked three experts what fresh college graduates can do to prepare as artificial intelligence changes how Americans work. Here's what they said.
Judge scraps rules requiring employers to offer time off for abortions
Federal judge strikes down government regulations requiring most U.S. employers to accommodate workers for abortions.
What has DEI actually done for U.S. workers and employers?
President Trump has painted a bullseye on diversity, equity and inclusion. But what exactly is DEI, and what has it achieved?
U.S.
More U.S.
Man charged with murder in father's 2003 cold case death
Douglas Herlihy would have been a teenager when his father, Paul Herlihy, died. Officials have charged him with second-degree murder.
Federal Reserve maintains its benchmark interest rate at June meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
The U.S. minted 1,000 new millionaires a day last year, UBS report says
The U.S. accounts for the largest share of individuals with net worths of at least $1 million across the globe.
Tyler Perry sued by "The Oval" actor; Perry's attorney denies claims
An actor who worked on Tyler Perry's TV series "The Oval" has filed a lawsuit accusing Perry of sexual assault and harassment during his time on the show.
Break-in reported at home of slain lawmaker Melissa Hortman
The Twin Cities home where Minnesota House Speaker Emerita Melissa Hortman and her husband were fatally shot Saturday was broken into overnight Wednesday, police say.
MoneyWatch
More MoneyWatch
Federal Reserve maintains its benchmark interest rate at June meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
The U.S. minted 1,000 new millionaires a day last year, UBS report says
The U.S. accounts for the largest share of individuals with net worths of at least $1 million across the globe.
Social Security insolvency date could hit a year earlier, report says
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
Chicken dishes sold at Walmart, Kroger recalled over listeria concerns
The chicken dishes could be linked to a possible outbreak strain of listeria associated with three deaths and one fetal loss.
U.S. Steel and Nippon Steel partnership is finalized, companies say
U.S. Steel and Nippon Steel have finalized their partnership and revealed new details about the deal.
Politics
More Politics
Hegseth says he's giving Trump "options" amid intensifying Iran-Israel conflict
Defense Secretary Pete Hegseth and chairman of the Joint Chiefs of Staff Dan Caine testified Wednesday before the Senate Armed Forces Committee.
Break-in reported at home of slain lawmaker Melissa Hortman
The Twin Cities home where Minnesota House Speaker Emerita Melissa Hortman and her husband were fatally shot Saturday was broken into overnight Wednesday, police say.
U.S. Embassy in Israel offering to evacuate American citizens
The U.S. Embassy in Jerusalem is working on dispatching evacuation flights and cruise ships for American citizens who wish to leave Israel.
Supreme Court upholds Tennessee law restricting gender-affirming care for minors
The Supreme Court ruled that Tennessee's law restricting gender-affirming care for transgender youth does not violate the 14th Amendment.
Supreme Court rules against Texas in suit over nuclear waste storage
The Supreme Court ruled against Texas and landowners who challenged a plan to store thousands of metric tons of nuclear waste at a facility in the state.
HealthWatch
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More than 41,000 retirement-age Americans died of falls in 2023
From 2003 to 2023, the death rate for falls increased more than 70% for adults ages 65 to 74, and more than 75% for those aged 75 to 84. It more than doubled for seniors 85 and older, according to CDC data.
Cannabis use may double risk of heart disease death, study finds
Due to the study's results on cannabis use health risks, an editorial note published alongside the research called for the drug to "be treated like tobacco: not criminalized but discouraged."
The GOP wants people up to age 64 to work for food stamps and Medicaid
The GOP's "big beautiful bill" would require people up to age 64 to certify they're working to get aid. Here's what the research shows.
CDC: At least 3% of measles cases this year were in fully vaccinated people
About three dozen of the nearly 1,200 measles infections in 2025 have been in people with two measles vaccine doses, the CDC says.
Judge strikes down some Trump research cuts linked to diversity, gender
A federal judge struck down sweeping Trump administration orders that resulted in the cancellation of hundreds of National Institutes of Health research grants.
World
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U.S. Embassy in Israel offering to evacuate American citizens
The U.S. Embassy in Jerusalem is working on dispatching evacuation flights and cruise ships for American citizens who wish to leave Israel.
Princess Kate cancels Royal Ascot visit as she continues cancer recovery
Kate, the Princess of Wales, canceled plans to attend the Royal Ascot horse race as she continues her recovery from cancer.
Maps show Hurricane Erick's projected path toward Mexico
Hurricane Erick could become a major storm — a Category 3 hurricane or higher — before it reaches Mexico, the National Hurricane Center said on Wednesday.
U.K. parliament poised to decriminalize abortion in England and Wales
British lawmakers vote decisively in favor of decriminalizing abortion in England and Wales, to prevent women from being punished under a law on the books since 1861.
Honda hails successful test of reusable rocket as it seeks space sector entry
Japan's second-biggest carmaker, Honda, has successfully tested an experimental reusable rocket, the company says, as it seeks to expand into the space sector.
Entertainment
More Entertainment
Alison Hall meets Olivia Munn for first time after early cancer diagnosis
Alison Hall credits Olivia Munn's openness with helping detect her breast cancer early. Their emotional first meeting airs Wednesday on "Inside Edition."
Tom Cruise to receive honorary Oscar
Actor Tom Cruise is set to receive an honorary Oscar ahead of next year's Academy Awards. While he has scored four nominations, the "Mission Impossible" and "Top Gun" actor has never won an Oscar.
Tyler Perry sued by "The Oval" actor; Perry's attorney denies claims
An actor who worked on Tyler Perry's TV series "The Oval" has filed a lawsuit accusing Perry of sexual assault and harassment during his time on the show.
Extended interview: Lucie Arnaz on her parents, Lucy & Desi
In this web exclusive, actress and singer Lucie Arnaz talks with correspondent Mo Rocca about growing up the daughter of comedy legends Lucille Ball and Desi Arnaz; her father's experience as a Cuban refugee and as a television pioneer, as documented in Todd Purdum's new biography, "Desi Arnaz: The Man Who Invented Television"; her parents' marriage and divorce; and her own parenting challenges.
Anne Burrell, Food Network star, dies at 55
Anne Burrell, an acclaimed chef from upstate New York, hosted "Secrets of a Restaurant Chef," "Worst Cooks in America" and other popular Food Network shows.
Technology
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Technology
Robotic heart transplant makes history
In a medical first, surgeons at Baylor St. Luke's Medical Center in Houston successfully performed a fully robotic heart transplant on a 45-year-old patient. He now says he's living a brand-new life. Janet Shamlian reports.
Amazon CEO says rollout of generative AI will reshape company's workforce
Andy Jassy, CEO of Amazon, said he expects the company to reduce its workforce over the next few years as it rolls out more generative AI and agents.
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.
AI data centers are driving up energy bills
An increase in demand for artificial intelligence may be increasing the cost of your electric bills. CBS News national environmental correspondent David Schechter explains.
Scammers use AI to create fake job applicants
Artificial intelligence is being used to create realistic video and audio to impersonate people, in some cases looking for love or deceiving companies looking to hire. In a 2024 study, half of the businesses surveyed said they'd experienced AI deepfake fraud. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Science
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Honda hails successful test of reusable rocket as it seeks space sector entry
Japan's second-biggest carmaker, Honda, has successfully tested an experimental reusable rocket, the company says, as it seeks to expand into the space sector.
Invasive Asian needle ants pose risks
As summer kicks into high gear, the U.S. Forest Service is warning about an invasive Asian needle ant species found in dozens of states. Eric Day, entomologist at Virginia Tech, joins "The Daily Report" with more.
This T. rex ancestor is "missing link" to apex predators, scientists say
Apex predators, like the Tyrannosaurus rex, eventually arose from smaller-bodied tyrannosauroid dinosaurs called Khankhuuluu mongoliensis, the study's researchers said.
What to know about invasive ant with fatal sting reported in multiple states
A "sneaky" invasive species that has a potentially deadly sting can be found in more than a dozen states, according to experts.
Mars volcano that dwarfs Earth's tallest ones seen in new image
It marks the first time Arsia Mons has been imaged on the planet's horizon, NASA said.
Crime
More Crime
Man charged with murder in father's 2003 cold case death
Douglas Herlihy would have been a teenager when his father, Paul Herlihy, died. Officials have charged him with second-degree murder.
Details on Kohberger murder trial
Brian Kohberger's defense attorney is moving to delay the trial over two Idaho student murders, according to court documents. CBS News' Shanelle Kaul has the latest, plus updates on other prominent criminal cases.
Tracking key court cases around the U.S.
Deliberations in the Karen Read retrial continued on Wednesday in Massachusetts. Meanwhile, the suspected Boulder protest attacker heads to court. CBS News' Shanelle Kaul breaks down key court cases around the U.S.
Break-in reported at home of slain lawmaker Melissa Hortman
The Twin Cities home where Minnesota House Speaker Emerita Melissa Hortman and her husband were fatally shot Saturday was broken into overnight Wednesday, police say.
Authorities share photos of how man wanted in girls' deaths may look now
Travis Decker, the Washington state man suspected of killing his three young daughters, remains at large after several weeks on the run.
Space
More Space
See NASA's image of an intense X-class solar flare
The solar flare peaked at 5:49 p.m. EDT on Tuesday, NASA's Solar Dynamics Observatory said.
Honda hails successful test of reusable rocket as it seeks space sector entry
Japan's second-biggest carmaker, Honda, has successfully tested an experimental reusable rocket, the company says, as it seeks to expand into the space sector.
NASA evaluating data indicating air leaks aboard space station are sealed
If initial results hold up, NASA says the delayed launch of a commercial research mission to the station could come as early as Thursday.
Commercial crew launch delayed while ISS air leak assessed
NASA wants to evaluate recent efforts to stop a small but persistent air leak in the Russian segment of the space station.
Axiom-4 mission delayed due to leak
NASA delayed the Axiom Mission 4 launch on Wednesday after SpaceX detected a liquid oxygen leak during a Falcon 9 rocket inspection. CBS News space consultant Bill Harwood has more.
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.
Attack on Pearl Street Mall in Boulder
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Summer music heats up 2025
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.
"No Kings": Protesters across country march against Trump, Musk
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
Jason Corbett murder: A look at the evidence
In August 2015, former FBI agent Tom Martens and his daughter Molly Corbett admitted killing her Irish-born husband Jason Corbett, insisting they beat him in self-defense
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Hurricane Erick intensifies to Category 2
Hurricane Erick strengthened to a Category 2 as it neared the Mexican coast on Wednesday. CBS News meteorologist Jessica Burch has the latest.
Hegseth avoids Sen. Slotkin's questions
Sen. Elissa Slotkin pressed Defense Secretary Pete Hegseth about potential orders for U.S. military members to detain protesters in U.S. cities. Hegseth avoided the question several times and refuted accusations about orders that may be given to troops at the behest of President Trump.
Sen. Kelly grills Hegseth about "Golden Dome"
Sen. Mark Kelly prodded Secretary of Defense Pete Hegseth for more details on the "Golden Dome" missile defense system proposed by the Trump administration. Kelly questioned if some of Hegseth's proposed budget cuts would affect the system's success.
Details on Kohberger murder trial
Brian Kohberger's defense attorney is moving to delay the trial over two Idaho student murders, according to court documents. CBS News' Shanelle Kaul has the latest, plus updates on other prominent criminal cases.
Hegseth on U.S. involvement in Israel-Iran
Defense Secretary Pete Hegseth said that any decisions related to joining the Israel-Iran conflict "are at the presidential level" during his testimony before the Senate Committee on Armed Services. CBS News' Caitlin Huey-Burns has the latest from Capitol Hill.