Amber Heard's $15 million verdict: Here are her options
Heard could file for bankruptcy, but would still be on the hook for punitive damages, an attorney said.
MoneyWatch
Latest News
For now, Russia oil ban may hurt consumers more than Putin
Even those who cheer Europe's embargo on Russian energy predict short-term price shocks for nations and consumers.
Biden administration cancels $5.8 billion in student debt
The move will erase debt for more than 560,000 borrowers.
Elon Musk says remote work is "no longer acceptable"
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
Yellen admits she was "wrong" about inflation in 2021
"I think I was wrong then about the path that inflation would take," Treasury Secretary Janet Yellen told CNN.
Why thousands of flights got scrubbed over Memorial Day weekend
Airlines scuttled more than 2,500 flights across the U.S. during the holiday weekend. Here's what happened.
U.S. gas prices could soon top $5 a gallon, analysts say
More Americans say the cost of gasoline will impact their summer travel plans than COVID-19 rates, new survey finds.
In these locations, gas costs more than the U.S. minimum wage
A handful of gas stations are charging $7.25 or more for a gallon of gas as fuel prices hit another record.
Layoffs hit 20-year low in April as job market stayed tight
The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high.
Money Tech
Mastercard wants to let you buy stuff with your face
Credit card giant to test biometric system aimed at streamlining the checkout process in stores.
What are Twitter bots, and why is Elon Musk obsessed with them?
Tesla founder wants the SEC to investigate Twitter's claims about spam and fake accounts on the platform.
Elon Musk says Twitter deal is "temporarily on hold"
Tesla founder says his $44 billion purchase of the social media giant is being held up by questions over spam and fake accounts.
Twitter fires 2 executives, adding to Elon Musk buyout turmoil
Social media company said it dismissed two senior managers and will freeze most hiring.
Virtual land rush driving up the cost of space in the metaverse
Top consumer brands and deep-pocketed investors are staking a claim to the next phase of the internet.
How to get Google to wipe your phone number from searches
To deter scammers and other bad actors, the search giant is now allowing people remove personal contact information.
Nike's new NFT sneakers selling for more than $100,000
CryptoKicks are the sports giant's first blockchain-based shoes designed specifically for the metaverse.
Twitter reports sales growth, but pulls outlook amid Musk buy
Social media company sees daily users jump to 229 million, while sales fall just shy of analyst forecasts.
Cryptocurrency hacks growing costlier to investors
Hackers target so-called DeFi platforms because their security measures are often weak, experts say.
Latest News
Four killed in mass shooting at Tulsa hospital; gunman also dead
The shooter died of an apparent self-inflicted gunshot wound, police said. One witness said, "I just really couldn't believe it was happening in my own neck of the woods."
7 things you might not know about Queen Elizabeth II
The longest-serving monarch in British history may have one of the most familiar faces on the planet, but she's still full of surprises.
Jury awards millions to Johnny Depp, less to Amber Heard in libel suits
The judge said state law caps punitive damages at $350,000, meaning Depp's award would total $10.35 million.
Biden administration cancels $5.8 billion in student debt
The move will erase debt for more than 560,000 borrowers.
Georgia secretary of state to testify before grand jury investigating Trump
Secretary of State Brad Raffensperger was subpoenaed in the unprecedented criminal probe.
Texas governor calls special legislative committee to address Uvalde shooting
When asked Friday if he would call a special legislative session, Abbott said "all options are on the table" and he said he believed ultimately that laws would be passed.
Amber Heard's $15 million verdict: Here are her options
Heard could file for bankruptcy, but would still be on the hook for punitive damages, an attorney said.
Elon Musk says remote work is "no longer acceptable"
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
Biden says he learned of baby formula shortage in April
Formula manufacturers said they alerted retailers of a looming shortage in February.
Small Business
More
Labor shortage is biggest challenge for small businesses
Labor shortages, the Omicron variant and supply chain issues pose significant challenges to small businesses.
Bringing equity to the VC funding process
New data released by Crunchbase shows that only 2.2% of all venture funding went to female-founded startups in the first eight months of this year. Deena Shakir, partner at Lux Capital, joins CBSN to discuss what needs to change to bring equity for female entrepreneurs and investors.
A third of small businesses have reinstated COVID-19 rules
As the Delta variant surges, many small employers are again taking precautions in the way they do business.
NYC giving artists $5,000 checks from Biden stimulus
Some 1,800 artists will receive $5,000 checks, while other federal funds will go to cabbies and homeless people.
44% of small businesses have less than 3 months of cash
"Everything is up in the air," said one Ohio bakery owner who worries that COVID-19 could shut her down again.
Retirement
More
More Americans are working into old age
A growing swath of seniors are working beyond 65, with many needing to supplement their paltry retirement savings.
How gig economy workers can save for retirement
Several types of plans are available, but figuring out which one is right for you can be confusing, so here's some help
When delaying your Social Security benefits pays off
The impact of your age when you begin collecting benefits can be more financially significant than you think
Claiming Social Security too early costs Americans $3.4 trillion
Only 4% of retirees claim the benefit at the optimal time. Everyone else is losing out on $111,000 per household
Hardship withdrawals from your company's 401(k)
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
U.S.
More U.S.
Four people killed in mass shooting at Tulsa hospital; gunman also dead
The shooter died of an apparent self-inflicted gunshot wound, police said. One witness said, "I just really couldn't believe it was happening in my own neck of the woods."
Black Democratic Senate candidate wears noose in campaign video
Charles Booker is running a long-shot campaign to unseat incumbent GOP Sen. Rand Paul in November.
Elon Musk says remote work is "no longer acceptable"
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
Amber Heard's $15 million verdict: Here are her options
Heard could file for bankruptcy, but would still be on the hook for punitive damages, an attorney said.
Jury awards millions to Johnny Depp, less to Amber Heard in libel suits
The judge said state law caps punitive damages at $350,000, meaning Depp's award would total $10.35 million.
Latest News
Amber Heard's $15 million verdict: Here are her options
Heard could file for bankruptcy, but would still be on the hook for punitive damages, an attorney said.
For now, Russia oil ban may hurt consumers more than Putin
Even those who cheer Europe's embargo on Russian energy predict short-term price shocks for nations and consumers.
Biden administration cancels $5.8 billion in student debt
The move will erase debt for more than 560,000 borrowers.
Elon Musk says remote work is "no longer acceptable"
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
Yellen admits she was "wrong" about inflation in 2021
"I think I was wrong then about the path that inflation would take," Treasury Secretary Janet Yellen told CNN.
Politics
More Politics
Biden says he learned of baby formula shortage in April
Formula manufacturers said they alerted retailers of a looming shortage in February.
Black Democratic Senate candidate wears noose in campaign video
Charles Booker is running a long-shot campaign to unseat incumbent GOP Sen. Rand Paul in November.
Biden administration cancels $5.8 billion in student debt
The move will erase debt for more than 560,000 borrowers.
Texas governor calls special legislative committee to address Uvalde shooting
When asked Friday if he would call a special legislative session, Abbott said "all options are on the table" and he said he believed ultimately that laws would be passed.
Sheryl Sandberg leaving Facebook parent company Meta
Sandberg, the chief operating officer, has been Zuckerberg's number 2 for 14 years.
Health
More Health
Health
New link between mental health and arthritis
Clinical health psychologist Dr. Natalie Datillo explains how patients can make connections to reduce pain and increase mobility.
Biden says he learned of baby formula shortage in April
Formula manufacturers said they alerted retailers of a looming shortage in February.
Biden announces more formula deliveries
President Biden met with baby formula manufacturers, pressing them on what they're doing to improve supply. Even as the U.S. airlifts formula from overseas, it's just a fraction of what the U.S. needs to feed millions of children. Nancy Chen reports.
Pfizer seeks vaccine authorization young kids
Kids younger than 5 are one step closer to being eligible for a COVID-19 vaccine. Pfizer applied for emergency use authorization for kids 6 months to 5 years old -- the only age group vaccines are not yet approved for. Nikki Battiste reports.
Jif recall prompts Disney to pull peanut butter treats from menus
"The great Peanut Butter shortage of 2022 continues," proclaims theme park eatery in explaining holes in menu.
World
More World
7 things you might not know about Britain's Queen Elizabeth II
The longest-serving monarch in British history may have one of the most familiar faces on the planet, but she's still full of surprises.
U.S. and Germany announce weapons packages for Ukraine
As the new weapons shipments were announced, a Russian missile hit rail lines in the western Lviv region, a key conduit for supplies of Western weapons and other supplies, officials said.
World's largest plant discovered in Australia
The plant stretches 111.847 miles and is at least 4,500 years old.
After 100 days of war, two-thirds of children in Ukraine are displaced
Russia's invasion of Ukraine has caused "devastating consequences for children at a scale and speed not seen since World War II," U.N. says
Extreme weather to displace 200 million people in 20 years, charity says
Extreme weather events fueled by climate change have already forced hundreds of thousands of people around the world out of their homes.
Entertainment
More Entertainment
7 things you might not know about Britain's Queen Elizabeth II
The longest-serving monarch in British history may have one of the most familiar faces on the planet, but she's still full of surprises.
Jury awards millions to Johnny Depp, less to Amber Heard in libel suits
The judge said state law caps punitive damages at $350,000, meaning Depp's award would total $10.35 million.
Elvis-themed weddings in Las Vegas could soon disappear
The licensing company that controls his name and image is ordering Sin City chapel operators to stop using him in themed ceremonies, a newspaper reports. And that's leaving chapels all shook up.
K-pop supergroup BTS visits the White House
Korean pop supergroup BTS visited the White House on Tuesday to discuss ending anti-asian violence on the last day of Asian American and Pacific Islanders heritage month. CBS News senior White House and political correspondent Ed O'Keefe reports.
Queen Elizabeth II Platinum Jubilee celebrations: What to expect
The United Kingdom and its 14 Commonwealth realms are marking the 70th anniversary of Queen Elizabeth II's ascension to the throne.
Technology
More Technology
Technology
Sheryl Sandberg leaving Meta
Sheryl Sandberg is stepping down as the chief operating officer at Facebook's parent company, Meta. She has been with the social media company for 14 years and will continue to serve on the company's board.
Sheryl Sandberg leaving Facebook parent company Meta
Sandberg, the chief operating officer, has been Zuckerberg's number 2 for 14 years.
Boston Children's Hospital was targeted by Iran-linked hackers, FBI reveals
Boston Children's Hospital was attacked in the summer of 2021 and investigators were able to identify and repel the threat.
Uvalde gunman's warning signs on social media
New details are emerging about possible warning signs in the weeks leading up to the May 24 shooting at the Robb Elementary School in Uvalde, Texas. The 18-year-old shooter reportedly had a history of harassing and threatening teenage girls online, particularly on the social media app Yubo. CBS News tech reporter Dan Patterson has more.
Supreme Court blocks Texas social media law
The Texas law, championed by conservatives, aimed to keep social media platforms like Facebook and Twitter from censoring users based on their viewpoints.
Science
More Science
Science
Southern California imposes water restrictions
More than 6 million Californians are under new water restrictions as of June 1. The Metropolitan Water District of Southern California made an urgent call for a 35% reduction in water use, as nearly the entire state is under severe drought. CBS's Elaine Quijano spoke with Adel Hagekhalil, the water supplier's general manager, about how these new rules will affect people's lives.
Nevada's conservation plan amid drought
Millions of people in southern California are facing new water restrictions thanks to a megadrought crippling the Southwest. But southern Nevada has been conserving water for years. The area's latest move is to tear out all non-functional grass to save nearly 10 billion gallons of water. CBS News senior environmental correspondent Ben Tracy reports.
Scientists to study planets deep in the Milky Way
NASA's James Webb Space Telescope could soon provide some answers about other planets in the far reaches of the Milky Way. Assistant astronomer at the Space Telescope Science Institute Néstor Espinoza speaks with CBS News anchor Lana Zak about the what scientists hope to learn from these other planets.
Chanting climate change activists disrupt Shell shareholders meeting
Some sang "We will, we will stop you!" to the tune of Queen's 1977 rock anthem "We will rock you." Some glued themselves to their seats.
U.S. and Japan teaming to put first Japanese astronaut on moon
No non-American has ever touched down on the lunar surface, and Japan has previously said it hopes to achieve a Moon landing by the end of this decade.
Crime
More Crime
Crime
4 killed in Tulsa hospital shooting
Police in Tulsa, Oklahoma, say a gunman killed 4 people at Saint Francis Hospital before dying of a self-inflicted gunshot wound. Watch a briefing from local officials on the investigation.
Four people killed in mass shooting at Tulsa hospital; gunman also dead
The shooter died of an apparent self-inflicted gunshot wound, police said. One witness said, "I just really couldn't believe it was happening in my own neck of the woods."
Accused Buffalo gunman charged with terrorism motivated by hate
The 25-count indictment also contains charges of murder and attempted murder as a hate crime and weapons possession.
Off-duty agent responded to school shooting: "I asked my barber if he had a gun"
Jacob Albarado was in his barber's chair when both men got text messages about the shooting unfolding at Robb Elementary School in Uvalde, Texas.
John Hinckley Jr., who shot Reagan, set to be released June 15
Hinckley, now 67, shot Reagan as the president was exiting a Washington hotel on March 30, 1981.
Space
More Space
NASA awards contracts for new space and moon suits
The contracts are valued at up to $3.5 billion.
Comet that split in 1995 could produce rare meteor storm tonight
"Amateur and professional astronomers around the world have been tracking its spectacular disintegration for years," NASA said.
NASA moon rocket ready for another fueling test
A successful fueling test will clear the way for the moon rocket's first test flight as early as August.
Boeing Starliner ends test flight with pinpoint landing
SpaceX launched 59 small payloads while Boeing wrapped up its Starliner space station flight
Boeing's Starliner catches up with space station
For the first time, two U.S. astronaut ferry ships, from two different vendors are docked at space station.
Latest Galleries
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Best shows to watch on Netflix right now
One of these shows could be your next binge obsession.
Best movies streaming right now on Netflix
Looking for something fresh to watch? Here are the top films available on the streaming platform.
America's 50 most rat-infested cities, ranked
Find out which U.S. metropolis took the top spot on Orkin's latest "Rattiest Cities" list.
Presidents ranked from worst to best
Donald Trump, Barack Obama, George W. Bush – how do the presidents of our era compare with those who came before?
The 25 highest-paying internships in 2022, ranked
With compensation reaching up to nearly $10,000 per month, these internships are big deals.
Latest Videos
More Latest Videos
Latest Videos
Preview: “Her Majesty The Queen: A Gayle King Special”
Sir Paul McCartney and best-selling author Tina Brown reflect on the queen’s unprecedented reign. The special airs on the Queen’s Platinum Jubilee at 10 p.m. ET on Thursday, June 2 on CBS, and will be streaming on Paramount +.
6/1: Red and Blue
Gun control talks continue on Capitol Hill; Adm. Linda Fagan becomes commandant of Coast Guard.
4 killed in Tulsa hospital shooting
Police in Tulsa, Oklahoma, say a gunman killed 4 people at Saint Francis Hospital before dying of a self-inflicted gunshot wound. Watch a briefing from local officials on the investigation.
Report: Office workers prefer hybrid jobs
According to a new report published by Jones Lang LaSalle, 69% of office workers believe hybrid work will be fundamental to retain the workforce in the future. Cynthia Kantor, the chief client and growth officer at Jones Lang LaSalle, joins CBS News' Elaine Quijano to discuss.
U.S. strengthens trade ties with Taiwan
The Biden administration has announced new trade initiatives with Taiwan to strengthen economic ties, focusing on supply chains, clean energy, labor rights and technology exports. Tensions between Washington and Beijing are already high after President Biden promised to defend Taiwan if it was invaded. Shelley Rigger, a political science professor at Davidson University, joined CBS News' Elaine Quijano to discuss.