Here's who could benefit from the proposed $40,000 SALT deduction cap
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.
MoneyWatch
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What to know about House bill's $1,000 "Trump accounts" for newborns
House Republican's budget bill would create $1,000 "Trump accounts" for babies born between January 2025 and January 2029.
Gas prices this Memorial Day weekend could be cheapest since 2021
Americans preparing to hit the road for Memorial Day are likely to find lowest fuel prices in years, according to Gas Buddy.
Treasury Department set to phase out the penny
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.
What's in Trump's House-passed "one big, beautiful bill"
Republicans made a number of last-minute changes to the legislation that passed in the lower chamber early Thursday.
Experts raise conflict of interest concerns ahead of Trump crypto dinner
The largest buyers of $TRUMP will be rewarded with a private dinner with President Trump at his golf course in Virginia.
Walmart to slash roughly 1,500 corporate jobs
Walmart said it would eliminate members of its global tech workforce in a memo sent to employees on Wednesday.
Nike to raise prices on some products, including shoes. starting this week
Nike will raise prices on footwear, clothing and equipment starting June 1.
Here's how to save money on your summer vacation, despite rising prices
Some travel expenses are up, but there are still ways to save money on your summer vacation.
Managing Your Money
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Home equity loan rates hit 2025 low: Why you should take advantage now
Home equity loan interest rates just hit their lowest point so far in 2025. Here's why owners should take advantage.
4 debt relief moves to make before June
Need a way to get out of debt this June? Here are four steps to take that will help you get to that point.
3 gold price myths to know now
With the price of gold surging, some popular myths are taking precedence. Here's the reality behind three of them.
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
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?
The best and worst U.S. states for finding a good job in 2024
Ample job opportunities, low unemployment and reasonable commute times make this the top U.S. state for job seekers, analysis finds.
U.S.
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U.S. court orders former "supercop," wife to pay $2.4 billion to Mexico
The ruling is the latest twist in the saga of the former high-flying minister who earned himself the nickname of "supercop" but instead aided and abetted drug traffickers.
Relatives of Venezuelan detainees in CECOT find comfort in support group
Mothers and relatives of the Venezuelan detainees in CECOT have been communicating about their loved ones in a WhatsApp group.
Teen Junior ROTC cadet killed in Parkland shooting honored as West Point 2025 grad
Peter Wang, honored as a member of the 2025 West Point class, was just 15 when he was killed in the 2018 mass shooting in Parkland, Florida.
Arizona hiker's body found off trail day after she was reported missing
The body of hiker Hannah Moody was found off a trail in central Arizona Thursday some 16 hours after she was reported missing, Scottsdale police say.
Thousands of chicks found abandoned in USPS truck have been adopted
thousands of chicks found abandoned inside a postal service truck for three days have gone to new homes, according to the Delaware shelter that had cared for them.
MoneyWatch
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Republicans aim to punish states that insure unauthorized immigrants
A GOP tax-and-spending bill the House approved Thursday would slash federal Medicaid reimbursement for states that offer health coverage to immigrants without legal status.
Beef prices reach record highs as cattle industry struggles with costs
The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics.
Skincare industry profits from marketing products tweens shouldn't use
A CBS News Confirmed analysis of a dozen skincare influencers' accounts found that many featured ingredients not suitable for kids and were undisclosed brand partnerships or sponsored posts.
Gas prices this Memorial Day weekend could be cheapest since 2021
Americans preparing to hit the road for Memorial Day are likely to find lowest fuel prices in years, according to Gas Buddy.
What to know about House bill's $1,000 "Trump accounts" for newborns
House Republican's budget bill would create $1,000 "Trump accounts" for babies born between January 2025 and January 2029.
Politics
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Trump touts high military recruitment, but it was rising before his reelection
Data shows the turnaround in military recruitment began under Biden almost two years ago, and enlistments still lag behind pre-pandemic highs.
Relatives of Venezuelan detainees in CECOT find comfort in support group
Mothers and relatives of the Venezuelan detainees in CECOT have been communicating about their loved ones in a WhatsApp group.
Teen Junior ROTC cadet killed in Parkland shooting honored as West Point 2025 grad
Peter Wang, honored as a member of the 2025 West Point class, was just 15 when he was killed in the 2018 mass shooting in Parkland, Florida.
Republicans aim to punish states that insure unauthorized immigrants
A GOP tax-and-spending bill the House approved Thursday would slash federal Medicaid reimbursement for states that offer health coverage to immigrants without legal status.
Why the Army feels safe resuming horse-drawn funeral carriages at Arlington
Following a two-year pause, the U.S. Army's Old Guard will in June resume its solemn duty of using horse-drawn caissons for servicemembers being laid to rest at Arlington National Cemetery.
HealthWatch
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Republicans aim to punish states that insure unauthorized immigrants
A GOP tax-and-spending bill the House approved Thursday would slash federal Medicaid reimbursement for states that offer health coverage to immigrants without legal status.
U.S. reports cases of new COVID variant NB.1.8.1 behind surge in China
Authorities in Hong Kong say COVID-19 levels are the worst in at least a year.
Skincare industry profits from marketing products tweens shouldn't use
A CBS News Confirmed analysis of a dozen skincare influencers' accounts found that many featured ingredients not suitable for kids and were undisclosed brand partnerships or sponsored posts.
Could weight loss drugs help prevent cancer? Here's what a new study found.
Researchers found GLP-1s may modestly reduce the risk of 14 obesity-related cancers, especially colorectal cancer, when compared to a weight-neutral medication used to treat diabetes.
Deaths from alcohol-related cancers doubled from 1990 to 2021, study finds
Alcohol is a known risk factor for cancer, and new research is showing just how much its impacted cancer mortality rates in the past three decades.
World
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Cabin owner wakes up to find 440-foot cargo ship on his doorstep
A massive cargo ship sailed up onto shore just meters from Johan Helberg's house. He slept through the whole commotoion.
Israeli Embassy staff members fatally shot were about to get engaged
Yaron Lischinsky and Sarah Lynn Milgrim, Israeli Embassy staff members, were identified as the victims of a shooting outside the Jewish Museum in Washington, D.C.
North Korea's Kim fumes after seeing new warship damaged in launch event
North Korean ruler Kim Jong Un said a new naval destroyer was damaged in a "serious accident and criminal act caused by absolute carelessness."
World leaders condemn shooting of Israeli Embassy staff in D.C.
World leaders react to the killing of two Israeli Embassy staffers outside the Capital Jewish Museum in Washington, as Israel blames antisemitic incitement.
Israel condemned over "warning shots" fired near diplomats in West Bank
Israel faces calls from more than 12 nations, including allies, to explain why forces opened fire as a large delegation of diplomats visited the occupied West Bank.
Entertainment
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Kermit the Frog previews his commencement speech
Kermit the Frog is set to speak at Muppets creator Jim Henson's alma mater.
Tramell Tillman steps into "Mission: Impossible"
Best known for "Severance," Tramell Tillman takes on the role of Captain Bledsoe in the new "Mission: Impossible" film, earning standout reviews and sharing the screen with Tom Cruise.
Tramell Tillman on his journey from "Severance" to "Mission: Impossible"
Best known for "Severance," actor Tramell Tillman takes on the role of Captain Bledsoe in the new "Mission: Impossible" film.
Ronny Chieng celebrates Gold House honor with
As a 2025 Hall of Fame inductee, Ronny Chieng shares how growing up across continents, failing the New York bar exam and landing on "The Daily Show" shaped his rise and his voice.
Michelle Williams and Jennifer Simard on new play
In the Broadway musical adaptation of "Death Becomes Her," Jennifer Simard and Michelle Williams bring new life to a tale of eternal youth, fierce competition, and the power of female friendship.
Technology
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Technology
Do AI chatbots have free speech?
A federal judge in Orlando has ruled that artificial intelligence chatbots do not have free speech in a case centered around a wrongful death lawsuit. A 14-year-old died by suicide last year and his mother says the startup Character.Ai is to blame. Tech journalist Yasmin Khorram breaks it all down.
iPhone designer Jony Ive joining OpenAI as part of $6.5 billion deal
Jony Ive, the famed designer behind iconic Apple products, will join OpenAI to create devices with generative artificial intelligence capability.
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.
How to deal with AI coming for your job
Fiverr CEO Micha Kaufman recently warned his employees about the impact of artificial intelligence on their jobs. Kaufman joins CBS News with more on his tips to beat the AI curve.
Half of states now have laws that ban or regulate cellphones in schools
Bills have sprinted through legislatures this year in states as varied as New York and Oklahoma, reflecting a broad consensus that phones are bad for kids.
Science
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NOAA reveals 2025 Atlantic hurricane season forecast
With the 2025 hurricane season starting June 1, NOAA forecasters announced their prediction for how many tropical storms and hurricanes to expect this year.
Study suggests scientists were wrong about dark streaks on Mars
Slope streaks once believed to be signs of water on Mars might really be signs of rockfall and high winds, a new study says.
Custom gene therapy saves infant
Baby KJ Muldoon was born with a rare genetic condition that is often fatal, but doctors used custom CRISPR gene therapy to target the exact mutation in his DNA. His family shares their emotional journey in their first TV interview with CBS News.
Richard Garwin, a designer of the first hydrogen bomb, dies at 97
Garwin advised several presidents published more than 500 papers and was granted 47 U.S. patents.
Universe will die "much sooner than expected," researchers say
The universe is poised to die much faster than previously thought, according to new research by Dutch scientists.
Crime
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Crime
Friend of killed embassy staffer on attack
People in Washington, D.C. and beyond are mourning the killings of two Israeli Embassy staffers who were shot outside the Capital Jewish Museum Wednesday. A suspect has been charged with two counts of first-degree murder, murder of foreign officials and other counts. A friend of one of the victims, David Boskey, joins "The Daily Report" to discuss Yaron Lischinsky's life.
Kid Cudi testifies about car fire
Warning: Some may find the details of this report disturbing. The federal sex trafficking trial for Sean "Diddy" Combs is set to resume next Tuesday. On Thursday, Scott Mescudi, known as Kid Cudi, testified in court about his brief relationship with Combs' ex-girlfriend, Cassie Ventura. CBS News national correspondent Jericka Duncan has more details.
Suspect in Jewish museum shooting charged
A man is in custody after two Israeli Embassy staffers were gunned down as they left the Jewish Museum in Washington, D.C., on Wednesday evening. CBS News national security contributor Sam Vinograd and Department of Justice correspondent Scott MacFarlane have the latest on the investigation. Then, CBS News chief White House correspondent Nancy Cordes joins with reaction from President Trump.
Man charged with murder in D.C. shooting
Officials on Thursday provided an update on the shooting outside of the Capital Jewish Museum in Washington, D.C., that killed two Israeli Embassy staffers Wednesday night.
Eyewitness on deadly D.C. shooting
A suspect has been charged with murder of foreign officials, two counts of first-degree murder and other crimes following the fatal shooting of two Israeli Embassy staffers outside of the Capital Jewish Museum in Washington, D.C., on Wednesday. Jonathan Epstein, an eyewitness of the shooting, joins CBS News to walk through his experience.
Space
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NASA's Mars Perseverance's snaps new selfie with a Martian dust devil
The latest selfie by NASA's Perseverance rover at Mars has captured an unexpected guest: a Martian dust devil.
Study suggests scientists were wrong about dark streaks on Mars
Slope streaks once believed to be signs of water on Mars might really be signs of rockfall and high winds, a new study says.
Webb telescope captures images of Jupiter's auroras in stunning detail
Jupiter's stunning auroras are hundreds of times brighter than those seen on Earth, as pictured in new images taken by the James Webb Space Telescope.
May's full flower moon appears today. Here's how and when to see it.
May's full flower moon will light up the night sky.
Soviet-era spacecraft plunges back to Earth after 53 years stuck in orbit
Kosmos 482 was launched by the then-Soviet Union in 1972 as part of a series of missions bound for Venus. But this one never made it out of orbit around Earth, stranded there by a rocket malfunction.
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"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.
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.
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
"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
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.
Latest CBS News Videos
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Latest CBS News Videos
How budget bill could impact SNAP benefits
As President Trump's budget bill dominates headlines, Americans are facing the possibility of benefits they depend on being diminished. One of them is the Supplemental Nutrition Assistance Program or SNAP. Elaine Waxman, senior fellow in the tax and income supports division at the Urban Institute, joins "The Daily Report" to discuss.
Friend of killed embassy staffer on attack
People in Washington, D.C. and beyond are mourning the killings of two Israeli Embassy staffers who were shot outside the Capital Jewish Museum Wednesday. A suspect has been charged with two counts of first-degree murder, murder of foreign officials and other counts. A friend of one of the victims, David Boskey, joins "The Daily Report" to discuss Yaron Lischinsky's life.
Trump bans international students from Harvard
The Department of Homeland Security is barring Harvard University from enrolling foreign students. Homeland Security Secretary Kristi Noem told Fox News that she sent a letter to the privately funded university, saying the students must either transfer or lose their legal status in the U.S. CBS News legal contributor Jessica Levinson breaks it down.
Update on San Diego plane crash
At least two people were killed and eight others were injured after a small plane crashed into a San Diego neighborhood early on Thursday morning. CBS News correspondent Carter Evans reports.
Biggest takeaways from RFK Jr.'s MAHA report
Health and Human Services Secretary Robert F. Kennedy Jr. released his "Make America Healthy Again" report on Thursday. CBS News digital reporter Alexander Tin has more.