The AI revolution is likely to drive up your electricity bill. Here's why.
Utilities are racing to build data centers to meet surging demand for AI and other tech services. Ratepayers will pick up the tab, experts say.
MoneyWatch
Latest News
The price you pay for an Obamacare plan could surge next year
An estimated 4 million Americans will lose health insurance over the next decade if Congress doesn't extend enhanced subsidies for Affordable Care Act marketplace coverage.
Walmart heiress Christy Walton promotes "No Kings" protest in ad
Walmart heiress ad placed in New York Times urges people to participate in nationwide "No Kings" anti-Trump protest.
Anker recalls more than 1.1 million power banks after fires reported
Anker, a Chinese electronics maker, is recalling 1.15 million PowerCore portable chargers after some consumers reported fires and explosions.
GOP tax bill could cost low-income Americans $1,600 per year, CBO says
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
Trump Organization announces mobile phone service and a $499 gold phone
The Trump Organization said its $47.45 monthly service will includes unlimited calls, text and data. It's also rolling out a $499 mobile phone.
At Home decor and furniture retailer files for bankruptcy
As part of the agreement, At Home said it expects to transition ownership of the company.
Air India jet returns to Hong Kong due to "technical issue" after takeoff
An Air India Boeing 787, the same kind of plane that crashed 4 days earlier, was forced to turn around after a midair "technical issue," the airline says.
Trump clears U.S. Steel sale to Nippon Steel, but details of merger still unclear
Japan's Nippon Steel can buy U.S. Steel as long as both sides sign a "national security agreement."
Managing Your Money
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3 mortgage interest rate scenarios lenders say are possible this summer
A few key economic factors could have an impact on mortgage rates this summer, experts say. Here's what to know.
What beginner (and veteran) investors should do before the next gold price surge
The price of gold is about to surge yet again. Here's what beginner (and veteran) investors should do before then.
Sponsored
Debt settlement 101: What it is and how it works
If you're drowning in debt and can't see a way out, debt settlement might be a lifeline, but it's not risk-free.
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.
Trump attends G7 in Canada amid trade tensions and Middle East conflict
President Trump is meeting with other world leaders outside Calgary in Canada for the G7 summit.
Trump Organization announces mobile phone service and a $499 gold phone
The Trump Organization said its $47.45 monthly service will includes unlimited calls, text and data. It's also rolling out a $499 mobile phone.
5 shot, 3 fatally including infant at carnival in Salt Lake City suburb
Five people were shot — three of them fatally — at an annual carnival outside Salt Lake City, Utah, authorities said. One of those killed was an infant, police said.
The AI revolution is likely to drive up your electricity bill. Here's why.
Utilities are racing to build data centers to meet surging demand for AI and other tech services. Ratepayers will pick up the tab, experts say.
State Dept. tells embassies to relay U.S. "not involved" in strikes on Iran
While the U.S. insists it is not involved in strikes on Iran, American officials have confirmed military forces have been helping to intercept Iranian missiles fired at Israel.
MoneyWatch
More MoneyWatch
Trump Organization announces mobile phone service and a $499 gold phone
The Trump Organization said its $47.45 monthly service will includes unlimited calls, text and data. It's also rolling out a $499 mobile phone.
At Home decor and furniture retailer files for bankruptcy
As part of the agreement, At Home said it expects to transition ownership of the company.
Air India jet returns to Hong Kong due to "technical issue" after takeoff
An Air India Boeing 787, the same kind of plane that crashed 4 days earlier, was forced to turn around after a midair "technical issue," the airline says.
The AI revolution is likely to drive up your electricity bill. Here's why.
Utilities are racing to build data centers to meet surging demand for AI and other tech services. Ratepayers will pick up the tab, experts say.
Trump clears U.S. Steel sale to Nippon Steel, but details of merger still unclear
Japan's Nippon Steel can buy U.S. Steel as long as both sides sign a "national security agreement."
Politics
More Politics
Trump attends G7 in Canada amid trade tensions and Middle East conflict
President Trump is meeting with other world leaders outside Calgary in Canada for the G7 summit.
State Dept. tells embassies to relay U.S. "not involved" in strikes on Iran
While the U.S. insists it is not involved in strikes on Iran, American officials have confirmed military forces have been helping to intercept Iranian missiles fired at Israel.
Suspect in Minnesota lawmaker shootings taken into custody
The man authorities believe shot two Minnesota lawmakers and their spouses in politically motivated shootings early Saturday morning is now in custody.
3-year sextortion probe from Buffalo to Ghana to D.C. reveals growing trend
FBI records obtained by CBS News show a nearly 500% increase in reports of sextortion since 2019.
Wife of Minnesota senator targeted in shooting provides update
Minnesota Sen. John Hoffman's wife shared an update after a shooting injured the couple at their home early Saturday morning.
HealthWatch
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Drug for extreme hunger offers clues to obesity's complexity
A new drug is helping families who've spent years padlocking fridges, chaining garbage cans, and hiding food as their children with Prader-Willi syndrome deal with unrelenting hunger.
A father of 3 felt healthy. Then a routine screening found deadly cancer.
Curtis Jackson was having a regular screening when doctors found evidence of a deadly bile duct cancer.
CDC urges summer camps to check for measles immunity, as U.S. nears record
The CDC's new "checklist" comes amid a deadly year of measles outbreaks that is now near record levels.
New COVID variant NB.1.8.1 could be more than 1 in 3 cases, CDC says
The NB.1.8.1 COVID-19 variant was linked to a large surge of hospitalizations in parts of Asia earlier this year.
The price you pay for an Obamacare plan could surge next year
An estimated 4 million Americans will lose health insurance over the next decade if Congress doesn't extend enhanced subsidies for Affordable Care Act marketplace coverage.
World
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Israeli troops accused of killing 34 Gazans near U.S.-backed aid hub
Palestinians say Israeli forces opened fire on people trying to access a U.S.-backed group's aid distribution hub in Gaza, in the deadliest of such incidents reported to date.
Air India jet returns to Hong Kong due to "technical issue" after takeoff
An Air India Boeing 787, the same kind of plane that crashed 4 days earlier, was forced to turn around after a midair "technical issue," the airline says.
Israel accuses Iran of targeting civilians, killing 8 in missile strikes
Israel says Iran is targeting civilians, killing 8 people, as the Israeli military hammers Iranian launch sites and says it controls Tehran's skies.
State Dept. tells embassies to relay U.S. "not involved" in strikes on Iran
While the U.S. insists it is not involved in strikes on Iran, American officials have confirmed military forces have been helping to intercept Iranian missiles fired at Israel.
Trump opposed Israeli plan to kill Iran's supreme leader, CBS News sources say
The Israelis had the opportunity to assassinate Supreme Leader Ayatollah Ali Khamenei and President Trump conveyed to Prime Minister Benjamin Netanyahu that it wasn't a good idea, one U.S. official told CBS News.
Entertainment
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Desi Arnaz: Singer, husband, dad, and the man who "invented" TV
The Cuban-born entertainer broke conventions when he co-starred with wife Lucille Ball in "I Love Lucy," playing a straight-man sitcom dad. Now, a new biography reveals his lesser-known contributions to television.
Desi Arnaz: Singer, husband, dad, and the man who "invented" TV
Desi Arnaz, the Cuban-born entertainer, broke conventions when he co-starred with his wife Lucille Ball in the TV show "I Love Lucy," playing a prototypical American sitcom dad. He also changed the rules of television by filming episodes, thereby creating the rerun – and, ultimately, a new economic model for TV. Correspondent Mo Rocca talks with Todd Purdum, author of a new biography, "Desi Arnaz: The Man Who Invented Television," about Arnaz's impact on American culture; and with Lucie Arnaz, who discusses her parents' marriage and divorce, and her father's extraordinary journey.
Extended interview: David Letterman on IndyCar racing
In this web exclusive, comedian and Indianapolis native David Letterman talks with correspondent Tracy Smith about his lifelong interest in auto racing, and how he is today co-owner of an IndyCar racing team, Rahal-Letterman-Lanigan Racing. He also talks about his experience riding in a car driven by Paul Newman around California Speedway.
Remembering Sly Stone and Brian Wilson
"Sunday Morning" looks back at the legacies of two musical giants – the beating hearts of Sly and the Family Stone and the Beach Boys.
Passage: Remembering Sly Stone and Brian Wilson
"Sunday Morning" looks back at the legacies of two musical giants – the beating hearts of Sly and the Family Stone and the Beach Boys.
Technology
More Technology
Technology
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.
AI users form relationships with technology
Some people are using AI as an emotional outlet — and developing a real relationship with artificial intelligence. It's a trend that people and AI companies are hesitant to talk about, but does appear to be on the rise.
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.
Google, OpenAI, Spotify and other platforms hit by widespread outage
Google, OpenAI and Spotify were down Thursday after a widespread tech outage.
Meta files lawsuit against maker of "nudify" app technology
Meta ramps up efforts to block ads for AI technology used to create fake nude images of real people.
Science
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Science
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.
Japanese probe's second straight attempt at moon landing a failure
A private lunar lander from Tokyo-based company ispace was aiming for a touchdown in the unexplored far north with a mini rover.
Crime
More Crime
Crime
Minnesota shooting suspect's charges
Vance Boelter, the man accused of fatally shooting former Democratic House Speaker Melissa Hortman and her husband Mark, is set to appear in court on Monday afternoon. Boelter has been charged with two counts of second-degree murder, as well as two counts of second-degree attempted murder for reportedly shooting Democratic Sen. John Hoffman and his wife, Yvette, authorities said. CBS News' Naomi Ruchim reports, while retired FBI special agent Mary Ellen O'Toole joins with more.
5 shot, 3 fatally including infant at carnival in Salt Lake City suburb
Five people were shot — three of them fatally — at an annual carnival outside Salt Lake City, Utah, authorities said. One of those killed was an infant, police said.
Suspected Minnesota lawmaker shooter arrested
Police have arrested Vance Boelter, the man suspected of shooting two Minnesota lawmakers and their spouses. CBS News Minnesota reports.
Suspect in Minnesota lawmaker shootings taken into custody
The man authorities believe shot two Minnesota lawmakers and their spouses in politically motivated shootings early Saturday morning is now in custody.
Wife of Minnesota senator targeted in shooting provides update
Minnesota Sen. John Hoffman's wife shared an update after a shooting injured the couple at their home early Saturday morning.
Space
More Space
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.
Report: Pentagon, NASA push SpaceX competitors
Even as Elon Musk's SpaceX launched a radio satellite into orbit on Saturday, the Pentagon and NASA are pushing his competitors to speed up the development of their own spacecraft, according to the Washington Post. CBS News New York journalist Ali Bauman has more.
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.
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
Top sunscreen picks and sun safety advice
Consumer Reports' deputy editor Brian Vines joins "CBS Mornings" to share the latest sunscreen testing results, including top-rated picks and expert tips to keep you and your family safe in the sun this summer.
Ian Bremmer on deivisions in U.S. and Mideast
Ian Bremmer, president of the Eurasia Group, joins "CBS Mornings" to break down a weekend of deep division in the U.S., as millions protested President Trump and his military parade, and deadly new strikes between Iran and Israel raised fears of a wider regional war in the Middle East.
Multiple deaths after WV flash floods
Flash floods in northern West Virginia killed at least five people, and rescue teams are still searching for more, officials said. The floods were caused by torrential rains that reportedly damaged roads, bridges and more. CBS News correspondent Tom Hanson has updates.
Pacers-Thunder to face off in finals game 5
The Indiana Pacers and Oklahoma City Thunder are set to face off Monday in game five of the NBA Finals. The teams are currently tied 2-2 in the best-of-seven series. Shakeia Taylor, a staff writer for The Athletic, joins "CBS News Mornings" with more on what to expect.
Latest updates on Israel-Iran conflict
The conflict between Israel and Iran is heating up as damaging missile strikes continue on both sides. CBS News' Courtney Kealy has the latest updates.