Walmart says it plans to raise prices despite lower U.S. tariffs
The world's largest retailer said wide-ranging levies on U.S. trade partners are impeding its ability to keep prices low.
MoneyWatch
Latest News
These airlines had the most and least passenger complaints in 2024
Complaints against U.S. airlines soared to a record high in 2024 as carriers struggle with flight cancellations and delays, analysis finds.
Here's where it's toughest for the middle class to find an affordable home
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
GOP bill proposes new tax cuts. Here's how it could impact your money.
A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.
Starbucks workers are striking over the chain's new dress code
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant's new dress code.
Most Americans don't earn enough to afford costs of living, study finds
The bottom 60% of U.S. households don't make enough money to afford a "minimal quality of life," according to a new analysis.
Dick's Sporting Goods to buy ailing Foot Locker for $2.4 billion
Foot Locker is the second major U.S. shoe company to be acquired in recent weeks as tariffs hit footwear industry.
Kroger customers overcharged for items on sale, Consumer Reports finds
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
Toymaker says China tariff cut means "there's going to be a Christmas"
Jesusdoll.com CEO David Mauro said his toy company is racing to import inventory from China after the U.S. eased tariffs for 90 days.
Managing Your Money
More
How often should I invest in gold?
A gold investment offers timely benefits right now. But how often should you invest in the metal to earn them?
What happens if you can't pay back a payday loan?
Struggling to repay a payday loan? Here's what to expect — and how to break free from this debt cycle for good.
Sponsored
6 ways tax relief can help with your 2024 debt
Struggling with a 2024 tax bill? Here's how tax relief could help ease your lingering IRS debt now.
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
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.
Want to work at Chipotle? Be prepared to chat with AI.
Chipotle plans to deploy a conversational AI hiring system, dubbed "Ava Cado," across more than 3,500 restaurants.
U.S.
More U.S.
High levels of arsenic found in rice sold in stores across U.S., report finds
A report from the organization Healthy Babies, Bright Futures is bringing attention to toxic heavy metals and elements such as arsenic, cadmium, lead and mercury that could be in your rice.
Fed Chief Jerome Powell warns that U.S. could face "supply shocks"
The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.
Florida to execute "Casanova Killer" once eyed in O.J. Simpson case
Convicted killer Glen Rogers, once speculated to have ties to the O.J. Simpson case, is set to be executed for the 1995 murder of a woman in a Tampa motel.
Ford recalls nearly 275,000 SUVs over possible brake damage
A bent brake line caused by faulty assembly may lead to reduced brake function, putting the driver and others on the road in danger.
Starbucks workers are striking over the chain's new dress code
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant's new dress code.
MoneyWatch
More MoneyWatch
Fed Chief Jerome Powell warns that U.S. could face "supply shocks"
The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.
Ford recalls nearly 275,000 SUVs over possible brake damage
A bent brake line caused by faulty assembly may lead to reduced brake function, putting the driver and others on the road in danger.
Starbucks workers are striking over the chain's new dress code
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant's new dress code.
Here's where it's toughest for the middle class to find an affordable home
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
Walmart says it plans to raise prices despite lower U.S. tariffs
The world's largest retailer said wide-ranging levies on U.S. trade partners are impeding its ability to keep prices low.
Politics
More Politics
First judge rules Trump can use Alien Enemies Act. Here's what that means.
U.S. District Judge Stephanie Haines, a Trump nominee, ruled the president is legally allowed to use the 18th-century law to deport Venezuelan migrants accused of belonging to the gang Tren de Aragua.
Wisconsin judge Hannah Dugan enters not guilty plea on obstruction charges
The FBI accused Hannah Dugan of allegedly helping a man evade immigration authorities during a federal law enforcement operation at her courthouse.
Supreme Court asks tough questions of federal government in birthright citizenship case
The Trump administration's bid to enforce its birthright citizenship executive orders gives the Supreme Court an opportunity to address the soundness of nationwide injunctions.
Republicans propose gutting Biden climate bill for Trump tax cuts
The heart of the Republican budget legislation targets key climate and energy provisions of the Inflation Reduction Act.
Bondi sold at least $1 million in Trump Media shares on "Liberation Day"
Attorney General Pam Bondi's stake in Trump Media was worth somewhere between $1 million and $5.5 million at the time of the sale, which occurred on April 2, documents showed.
HealthWatch
More HealthWatch
High levels of arsenic found in rice sold in stores across U.S., report finds
A report from the organization Healthy Babies, Bright Futures is bringing attention to toxic heavy metals and elements such as arsenic, cadmium, lead and mercury that could be in your rice.
Pain clinic CEO faced 20 years for fraud. He got 18 months.
Michael Kestner, CEO of Pain MD, was convicted of 13 fraud felonies after his company gave patients hundreds of thousands of questionable injections.
UC San Francisco's psilocybin therapy shows promise for Parkinson's patients
On a quiet plot of land in rural New Mexico, Jeff Deming feels like he's really living, once again.
Trump wants drug price caps tied to foreign nations. Here's why Biden never did it.
President Trump is now seeking to implement the idea through an executive order.
RFK Jr. says people shouldn't take his medical advice
"My opinions about vaccines are irrelevant," Health and Human Services Secretary Robert F. Kennedy Jr. said during the House hearing.
World
More World
Basketball player from Dallas arrested in Indonesia over cannabis candy
Jarred Dwayne Shaw, 34, was arrested May 7 after police allegedly found more than 30 ounces of marijuana candies in his apartment.
Retired judge arrested over mass student disappearance in Mexico
Lambertina Galeana, a former senior judge, is accused of helping to conceal videos that allegedly showed the kidnapping of the Ayotzinapa students.
Putin skips Ukraine talks, dimming hope for ceasefire despite Trump's push
Vladimir Putin rejected calls to join direct talks with Ukraine's leader in Turkey, seemingly unphased by mounting pressure from Trump to strike a peace deal.
Toxic algae killing sharks, rays, crabs: "Like a horror movie for fish"
The algae — Karenia mikimotoi — is killing more than 200 species of marine life off the southern coast of Australia, scientists and conservation groups say.
Popular beauty influencer shot dead during TikTok livestream
Valeria Marquez, 23, posted videos related to beauty and lifestyle, some of which had hundreds of thousands of views.
Entertainment
More Entertainment
$10,000 treasure chest buried in San Francisco reportedly found
A mysterious treasure chest that was buried in San Francisco by an anonymous group, containing gold and artifacts, has reportedly been found.
Tiny Desk Radio goes behind the scenes of NPR concert series
Every month, 20 million people listen to NPR's Tiny Desk concert series, which has brought in major stars like Alicia Keys, Taylor Swift and Doechii.
Blake Shelton returns to music with Gwen Stefani duet and talks new TV series
Blake Shelton is back with his 13th studio album, "For Recreational Use Only," featuring a duet with wife Gwen Stefani, and a new CBS singing competition show called "The Road."
Tiny Desk goes big with new radio show
NPR's popular Tiny Desk concert series now airs as a weekly radio show hosted by Bobby Carter and Anamaria Sayre. They join Nate Burleson to talk about the show's impact, evolution, and most memorable performances.
Blake Shelton talks new music
Blake Shelton is back with "For Recreational Use Only," his first album in four years. He tells Entertainment Tonight's Cassie DiLaura about launching the new CBS series, "The Road," collaborating with wife Gwen Stefani and embracing family life in Oklahoma.
Technology
More Technology
Technology
How to clean up your digital footprint
Old accounts and forgotten photos can make you a target. CBS News Confirmed's Alex Clark shares how to delete your data and stay safe as internet scams reach a record $16.6 billion in losses.
Why are Trump, Musk in Saudi Arabia?
President Trump is in Saudi Arabia where his administration is looking to boost diplomatic ties through economic investment. CBS News reporter Taurean Small has the details.
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.
Big Tech stocks rise with CEOs in Saudi Arabia
The Dow Jones dipped on Tuesday, but Big Tech stocks saw gains as CEOs joined President Trump on his trip to Saudi Arabia. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Microsoft to lay off 6,000 employees in cost-cutting move
The layoffs, impacting all levels at the company, come as the tech giant continues to post strong sales and profits.
Science
More Science
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.
Some U.S. cities are sinking, study finds
A new study shows the land under some of the largest cities in the U.S. is sinking. "Land subsidence" is the gradual setting or sudden sinking of the Earth's surface, according to the National Oceanic and Atmospheric Administration. Manoochehr Shirzaei, a co-author of the study, joins "The Daily Report" to discuss.
Rare New Zealand snail filmed laying egg from its neck
The strange reproductive habits of a large, carnivorous New Zealand snail were once shrouded in mystery. Now, footage of the snail laying an egg from its neck has been captured for the first time.
15 years after BP oil spill, Louisiana coast marine recovery still ongoing
In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded in the Gulf.
Crime
More Crime
Crime
Kohberger's last hearing before murder trial
Bryan Kohberger, who is accused of killing four University of Idaho students in 2022, is back in court on Thursday for what is likely to be the final hearing before his trial starts this summer. CBS News correspondent Jonathan Vigliotti has more from Boise.
Pain clinic CEO faced 20 years for fraud. He got 18 months.
Michael Kestner, CEO of Pain MD, was convicted of 13 fraud felonies after his company gave patients hundreds of thousands of questionable injections.
Cassie Ventura faces cross-examination
Cassie Ventura, the former girlfriend of Sean "Diddy" Combs, will face cross-examination on Thursday following two days of testimony in the music mogul's sex-trafficking trial. CBS News' Katrina Kaufman has more.
Final pretrial hearing in Idaho student murders
Bryan Kohberger, the man accused of killing four University of Idaho students in 2022, appears in court today for what may be his final hearing before trial.
Retired judge arrested over mass student disappearance in Mexico
Lambertina Galeana, a former senior judge, is accused of helping to conceal videos that allegedly showed the kidnapping of the Ayotzinapa students.
Space
More Space
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.
Soviet spacecraft plunging back to Earth
A Soviet-era spacecraft that was meant to land on Venus in 1972 is plunging back to Earth. Marlon Sorge, an executive director at The Aerospace Corporation, joins CBS News with what to expect.
Soviet spacecraft is plunging back to Earth 53 years after launch
A Soviet-era spacecraft meant to land on Venus a half century ago is expected to plunge uncontrolled back to Earth within days.
Latest Galleries
More Latest Galleries
"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.
"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.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Kohberger's last hearing before murder trial
Bryan Kohberger, who is accused of killing four University of Idaho students in 2022, is back in court on Thursday for what is likely to be the final hearing before his trial starts this summer. CBS News correspondent Jonathan Vigliotti has more from Boise.
Walmart warns of price hikes due to tariffs
The Producer Price Index fell 0.5% in April, the largest decline since the COVID-19 pandemic began. Meanwhile, Walmart warned of price hikes due to President Trump's tariff plan despite recent trade deals. Barron's senior writer Megan Leonhardt joins CBS News 24/7 to break it down.
Trump on Iran and Ukraine
President Trump landed in the United Arab Emirates on Thursday in the final leg of his Middle East tour. He met with President Sheikh Mohammed bin Zayed Al Nahyan and visited a mosque before an official state dinner in Abu Dhabi. Before landing, Mr. Trump applauded his trip to the Middle East and suggested Russia-Ukraine peace talks won't progress until he and Russian President Vladimir Putin "get together." CBS News' senior White House correspondent Weijia Jiang and correspondent Imtiaz Tyab have the latest.
What's next for GOP budget plan
The House is moving forward with the GOP budget plan after three committees voted to advance some proposals aimed at addressing priorities in President Trump's agenda. CBS congressional correspondent Nikole Killion has what comes next.
Wisconsin judge pleads not guilty in ICE case
Wisconsin judge Hannah Dugan pleaded not guilty to federal obstruction charges on Thursday. She's accused of helping a man evade immigration authorities at her courthouse. CBS News' Scott MacFarlane has more.