Why inflation surged in March
The Consumer Price Index in March rose 3.3% compared to a year ago, the highest in nearly two years. CBS News’ Kelly O’Grady explains what’s causing the surge in inflation.
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Fed Chair Jerome Powell, Treasury’s Bessent and top bank CEOs met over Anthropic’s Mythos model
Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent met with top bank CEOs in a closed-door meeting this week to discuss the cybersecurity risks posed by Anthropic’s latest AI model, Mythos, sources told CBS News. JPMorgan Chase chief executive Jamie Dimon was invited but was unable to attend, according to the sources. The …
Justice Dept. argues D.C. pipe bomb defendant not covered by Trump’s Jan. 6 pardons
The Justice Department pushed back on claims by the man accused of planting pipe bombs outside of the Republican and Democratic National Committee headquarters on the eve of the 2021 Jan. 6 Capitol riotarguing that the charges against Brian Cole Jr. should not be dismissed and that his actions were not covered by President Trump’s …
Jury Starts Deliberating States’ Claim That Live Nation Has a Monopoly on Concerts and Ticketing
NEW YORK (AP) — Jury deliberations began Friday in an antitrust case pitting 34 states against the concert giant Live Nation Entertainment. The states argue in the civil case that the company and its ticketing arm, Ticketmaster, are monopolizing the industry and driving up prices to see live music. Live Nation contends there is more …
How an 8-year-old designed a zero-gravity indicator for Artemis II
The four astronauts who traveled around the far side of the moon will return to Earth on Friday. With them will be a plush toy named Rise, a mission mascot who became a viral sensation while serving an important role aboard Artemis II. Rise’s development began more than a year before Artemis II blasted off …
Latest news on U.S.-Iran ceasefire as Vance heads to Pakistan for talks
The world is awaiting the results of talks in Islamabad, Pakistan, between U.S. and Iranian officials as concerns grow about the fragile ceasefire in the Iran war. CBS News’ Nancy Cordes reports, and Humza Jilani, the Pakistan correspondent for the Financial Times, joins with more insight.
DOJ investigating NFL over games on paid platforms
The Justice Department launched an investigation into the NFL over games on paid platforms, alleging the league could be driving costs too high. Jo Ling Kent reports.
A Strait of Hormuz “toll” would pose major economic and geopolitical risks, experts say
Reports that Iran is planning to charge ships a toll to traverse the Strait of Hormuz are raising concerns about the potential economic impact on oil and fuel prices. Iran’s Islamic Revolutionary Guard Corps “has imposed a de facto ‘toll booth’ regime in the Strait of Hormuz, requiring vessels to submit full documentation, obtain clearance codes …
Preview of UFC 327
UFC reporter and host Megan Olivi breaks down what to know about UFC 327 on Saturday. The title fight features former champion Jiří Procházka, who is taking on fast-rising star Carlos Ulberg.
Parents are saying this name to help stop their toddler’s meltdowns
Parents are saying this name to help stop their toddler’s meltdowns – CBS News Watch CBS News Videos circulating on social media showing parents saying the name “Jessica” to calm their toddler are going viral. Developmental psychologist Aliza Pressman breaks down the trend and what parents need to know before trying it.