Tech giant Meta is being accused of designing social media platforms that violate privacy and enable social media addiction in children. Jury selection in the trial begins today. CBS News legal contributor Jessica Levinson has more on the case.
source
July inflation numbers showed a cooling to a 3.4% annual rate, according to the latest report. Matt Phillips, a markets correspondent for Axios, joins with more.
source
Inflation cools slightly; New York City Council probes prediction markets like Kalshi and Polymarket
U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.
source
The deal comes less than 1 year after Mark Walter purchased a majority stake from the Buss family for about $10 billion.
source
The CPI report was in line with economists’ expectations, marking the second consecutive month with cooler price pressures.
source
The upcoming Iowa State Fair is a pivotal window of opportunity for candidates on the campaign trail.
source
President Trump said Wednesday that the U.S. has “total control” over the Strait of Hormuz, writing on social media: “I THINK WE WILL KEEP IT.”
source
Democratic Rep. John Larson — who has represented central Connecticut since the late 1990s — lost his party’s primary Tuesday to former Hartford Mayor Luke Bronin, CBS News has projected.
source
Minnesota Congresswoman Ilhan Omar has secured the Democratic nomination for reelection in the 2026 primary, CBS News projects.
source
Primary elections are being held Tuesday in six states: Wisconsin, Minnesota, Alabama, Connecticut, Vermont and South Carolina. CBS News’ Taurean Small, Jonah Kaplan, Mark Strassmann and Anthony Salvanto have the latest.
source
