Dolly Parton’s new musical, called “Dolly: A True Original Musical,” will start preview shows on December 7 in New York City. The musical celebrates her life and career.
Key Facts
The musical is titled “Dolly: A True Original Musical.”
It stars Dolly Parton and is based on her life.
Preview performances start on December 7.
The show will be staged in New York City.
It is a Broadway musical, meaning it is a major professional theater production in NYC.
The musical marks an important project for Dolly Parton’s career outside of music recordings.
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CBS Mornings Deals is offering special discounts on products aimed at improving daily life. Customers can visit cbsdeals.com to find and buy these discounted items.
Key Facts
CBS Mornings Deals features products with exclusive discounts.
The items are designed to help improve everyday lifestyle.
Shoppers can access the deals by visiting cbsdeals.com.
CBS earns commissions when customers purchase through their website.
The promotion was shown on CBS Mornings, a news program.
The service is linked to CBS News and their app.
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Chef Antonia Lofaso has a new TV show called "Kitchen Undercover." In the show, she helps restaurants that are having a hard time to improve and succeed again.
Key Facts
The show is called "Kitchen Undercover."
Chef Antonia Lofaso is the host and helper on the show.
The focus is on restaurants that are struggling.
Lofaso works to guide these restaurants back to success.
She explained her work on "CBS Mornings."
The show aims to support the restaurant industry.
It is featured on CBS News platforms.
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Many companies are using artificial intelligence (AI) to replace middle managers who used to handle data, communicate between teams, and track work progress. Experts say that while AI can improve efficiency, the loss of middle managers may hurt employee communication, trust, and overall workplace health.
Key Facts
Middle managers traditionally handle data collection, communication between senior leaders and teams, and tracking task progress.
Amazon laid off 14,000 middle managers last year as part of workforce changes.
AI can perform some middle management tasks faster and cheaper than humans.
Psychologist Dr. Shannon Franklin says middle managers also help employees understand changes, address problems early, and build teamwork, which AI cannot do.
Removing middle managers can lead to less employee communication and reduced trust at work.
Companies might gain some efficiency but risk lowering employee engagement and resilience to challenges.
A McKinsey report showed the demand for AI-related skills grew quickly between 2023 and 2025.
Experts believe middle managers will not disappear but will need to combine managing people, work, and AI technology in the future.
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Oil prices rose more than 5% after President Donald Trump said he believes the agreement with Iran is finished. This came amid renewed military strikes in the Middle East, which also caused U.S. stock markets to fall.
Key Facts
Brent crude oil prices jumped to nearly $78 per barrel in early trading.
The Dow Jones dropped 600 points (1.1%), the S&P 500 fell 0.6%, and the Nasdaq declined 0.4%.
President Trump said the U.S.-Iran agreement is likely over but said negotiations with Iran will continue.
Iran launched attacks on 85 U.S. military sites in Kuwait and Bahrain as retaliation for U.S. airstrikes.
The U.S. responded with airstrikes on over 80 Iranian targets after Iran attacked commercial ships near the Strait of Hormuz.
The Strait of Hormuz, a key oil shipping route, had been closed by Iran earlier in the conflict, causing high oil prices.
A prior U.S.-Iran deal allowed commercial ships through the strait toll-free for 60 days, which helped lower oil prices before tensions rose again.
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A growing number of young people with advanced degrees are starting full-time businesses at markets in Britain. Many of these entrepreneurs have master's degrees, PhDs, or professional qualifications and have chosen market trading as a career instead of traditional jobs.
Key Facts
One in five young market traders in Britain holds a master's degree, PhD, or medical doctorate.
Nearly 75% of founders in Kerb’s street food markets have university degrees, with 25% holding postgraduate qualifications.
About 95% of these market traders work full-time in their businesses, not just as part-time side jobs.
The traders include former professionals like lawyers, architects, bankers, nurses, and students with PhDs.
This trend has emerged mainly in the last two to three years.
Many young graduates see market trading as a way to avoid uncertain job markets and to build their own businesses.
Entrepreneurs find market trading offers opportunities that are less likely to be affected by automation and AI.
Some sellers emphasize the value of in-person sales over online shops for their products.
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Debt relief can help reduce some types of debt, but it does not erase all debts. Different debt relief methods work in different ways, and some debts do not qualify for relief.
Key Facts
Debt relief includes several options like debt settlement, debt management, debt consolidation, and bankruptcy.
Debt settlement means negotiating with creditors to pay less than the full amount owed, often between 30% and 50% less, but only for debts creditors agree to settle.
To seek debt settlement, people usually pause payments and save money to pay a lump sum for settlements, which can cause late fees and harm credit scores.
Debt management plans involve negotiating lower interest rates and combining payments but do not reduce the total debt amount.
Debt consolidation replaces multiple debts with one loan, ideally with a lower interest rate, but does not erase debt.
Bankruptcy can erase some debts but typically does not affect student loans, most tax debts, child support, or alimony, and it stays on credit reports for up to 10 years.
Not all creditors agree to debt settlement, so some debts may remain unpaid or go to collections or legal action.
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Stocks fell sharply after President Trump announced that the ceasefire with Iran is over. Oil prices rose more than 6% due to fears that new conflict could disrupt oil supply through the Strait of Hormuz.
Key Facts
President Trump said the ceasefire with Iran has ended and called dealing with Iran a waste of time.
Iran's Islamic Revolutionary Guard Corps attacked three oil tankers in the Strait of Hormuz, and the U.S. responded with strikes.
Brent crude oil price rose 6.3% to $78.80 per barrel; West Texas Intermediate oil rose 6.4% to $75 per barrel.
Major U.S. stock indexes dropped: Dow Jones fell 479 points (0.9%), S&P 500 down 0.4%, Nasdaq declined 0.2%.
The U.S. government revoked a recent waiver allowing Iranian oil sales, tightening sanctions after the tanker attacks.
Higher oil prices could increase inflation by raising gas and transport costs, complicating economic recovery and possibly leading to higher interest rates.
Experts say the ceasefire was fragile and the market is uncertain if the conflict will escalate or calm down.
Some analysts believe the White House prefers a diplomatic solution and expects the situation to stabilize eventually.
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A recent study shows that about half of millennials feel they must choose between financial stability and having children. Younger generations, including Millennials and Gen Z, experience financial stress when deciding whether to become parents.
Key Facts
Around 50% of millennials report feeling pressure to decide between financial security and starting a family.
Both Millennials and Gen Z face financial challenges related to having children.
The study highlights a connection between economic concerns and family planning among young adults.
Financial stability is a key factor influencing the decision to become a parent.
CBS News business analyst Jill Schlesinger offers advice on handling this kind of pressure.
The information comes from research covered in a CBS News report.
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US companies backed by the government are producing rare earth metals but mostly selling them to Asian countries like Japan and South Korea, because US demand is still low. These metals are important for technologies such as electric vehicles, weapons, and electronics, and the US is trying to develop its own supply chain to reduce dependence on China.
Key Facts
US rare earth companies MP Materials, Energy Fuels, and Phoenix Tailings have received billions in government support.
These companies are selling rare earth metals mainly to Japanese and South Korean manufacturers.
China currently controls much of the global rare earth supply and has limited exports, causing concern for US national security.
Rare earth metals are used in many technologies, including electric vehicle batteries, weapons, and electronics.
MP Materials leads US rare earth production and sells most of its products through a deal with a Japanese company.
Energy Fuels plans to send oxides to South Korea and is acquiring companies in South Korea and Germany to expand production.
The US produces far fewer rare earth magnets than Japan, South Korea, and China.
The US government is pushing to grow the domestic rare earth industry but it will take time.
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Specialty farmers, who grow fruits and vegetables, are facing challenges due to extreme heat caused by human-driven climate change. They are adjusting their farming practices, such as changing harvest times and protecting crops, to deal with hotter and more unpredictable weather.
Key Facts
A recent heat dome brought intense heat and humidity to some farming areas.
This heat is part of a larger pattern of extreme weather linked to climate change.
Specialty farmers often do not have the same financial protections as large commodity crop growers when weather is bad.
Farmers like Annie Woods work during cooler parts of the day and take steps to protect themselves and their crops from heat.
Extreme heat can damage crop quality and lead to faster ripening or crop loss.
Heat and humidity also increase risks of plant diseases and pests.
Farmers use greenhouses with fans and keep seedlings in cooler places to help young plants survive.
Protecting crops and changing harvest schedules are key ways farmers adapt to climate-related challenges.
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The article explains how people can find bank accounts they have lost track of. A finance expert, Laura Pomfret, gives tips on how to locate these accounts.
Key Facts
The article is about finding lost bank accounts.
Laura Pomfret, a finance expert, provides advice on this topic.
The information is presented in a video format.
The video requires JavaScript enabled to play.
It is available with subtitles on BBC iPlayer, in the Morning Live program from 08/07/2026.
The article was published very recently, just 16 minutes ago.
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Slate is building a new factory in Warsaw, Indiana to make electric trucks. The factory is almost finished and already producing parts of the trucks, with more production steps planned to start by the end of summer.
Key Facts
Slate’s manufacturing plant has two buildings, West and East, to build electric trucks.
One year ago, the plant was just an empty shell, but now floors and major structures are complete.
The company is making the "body in white," which is the truck frame before painting.
Quality checks include tearing down some frames and using ultrasonic tools to inspect welds.
About 70% of the rust-proofing and baking area is ready, expected to be fully operational by late summer.
Slate will also move parts of its bonding process from a Michigan supplier to the Indiana plant by the end of summer.
The assembly area and production lines for truck parts like chassis and seats are being installed and prepared.
Slate’s vehicle president spends part of her week onsite to oversee the factory progress.
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The International Monetary Fund (IMF) has raised its forecast for UK economic growth this year from 0.8% to 1%, making it the third fastest-growing economy among the G7 nations in 2026. The IMF cited slower-than-expected negative effects from the Middle East conflict and a boost from advances in artificial intelligence (AI), while warning that risks remain from ongoing global uncertainties.
Key Facts
The IMF now expects the UK's economy to grow by 1% in 2026, up 0.2 percentage points from April’s forecast.
The UK’s 2027 growth forecast remains unchanged at 1.3%.
The US is predicted to grow by 2.3%, helped by increased AI investment.
Canada, an oil exporter, is forecasted to grow by 1.1%.
Inflation in the UK stayed steady in May, with markets expecting only one interest rate rise by next spring.
Global economic growth is forecast at 3% in 2024 and 3.4% in 2025, down from 3.5% in previous years.
The IMF notes that higher oil and energy prices have been partly balanced by growth in technology demand, especially AI.
The IMF warns of ongoing risks from renewed conflict in the Middle East and possible sharp corrections in technology-related markets.
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Oil prices rose sharply after President Donald Trump said that talks to end conflict with Iran are a "waste of time" following new U.S. strikes on Iran. Although prices increased, the market does not expect a full return to war or a long closure of the Strait of Hormuz, a key shipping route.
Key Facts
Brent crude oil price reached $77.53 per barrel, about $5 higher than the start of the week.
President Trump stated the Iran ceasefire is "over," but negotiations might still continue.
The U.S. conducted strikes in response to Iranian attacks on commercial ships in the Strait of Hormuz.
Oil prices are rising but remain far below peaks from earlier in the year when prices hit $126 per barrel.
The market expects some uncertainty and higher costs in shipping due to risks around vessel safety and delays.
The U.S. revoked temporary waivers that allowed Iran to sell oil under a previous agreement.
Despite the waiver revocation, Iran is still able to sell significant amounts of oil.
If oil prices keep rising, U.S. gasoline prices might increase again after weeks of decline.
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The Rolling Stones released a new album called "Foreign Tongues," their 25th studio album. The songs show the band’s lasting creativity, featuring guest artists like Paul McCartney and Bruno Mars, and touch on themes of aging, personal reflection, and politics.
Key Facts
"Foreign Tongues" is the Rolling Stones’ 25th studio album.
Mick Jagger sings about getting older and staying home in the song "Mr. Charm."
The album includes political themes, especially about current America.
Guest musicians include Paul McCartney on bass and Bruno Mars on cowbell.
The late Charlie Watts, the band’s original drummer who died in 2021, plays on one track.
The album continues the band’s creative surge, following their 2023 album "Hackney Diamonds."
Songs like “Divine Intervention” and “Back in Your Life” have strong guitar and vocal performances.
The album has no weak tracks and features a blend of rock and emotional lyrics.
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Blue Origin, the space company founded by Jeff Bezos, is raising $10 billion from private investors for the first time, valuing the company at $130 billion. Bezos will invest $2 billion himself, while other investors like Coatue Management and large institutions will contribute the rest to help Blue Origin compete with SpaceX.
Key Facts
Blue Origin was founded in 2000 by Jeff Bezos.
The company aims to be a leader in spaceflight, building heavy rockets, lunar landers, and satellite constellations.
Blue Origin is raising $10 billion in private capital, including $4 billion from Coatue Management, $4 billion from institutional investors, and $2 billion from Bezos.
This new funding comes after years of Bezos funding Blue Origin almost entirely by himself.
The company’s main rocket, New Glenn, exploded in May, destroying its launch pad in Florida.
Bezos and Blue Origin’s CEO, Dave Limp, are quickly working to rebuild and plan to fly New Glenn again, possibly within a year.
Blue Origin competes with SpaceX, which has a much higher valuation of around $2 trillion after recent funding.
Blue Origin plans include two large satellite networks to provide internet services worldwide.
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U.S. stock markets are expected to fall after President Donald Trump said the ceasefire with Iran has ended. Oil prices increased sharply due to concerns about more conflict affecting oil flow through the Strait of Hormuz.
Key Facts
President Trump declared the ceasefire with Iran "over" and called talks with Iran a "waste of time."
Iran's Islamic Revolutionary Guard Corps attacked three tankers in the Strait of Hormuz, leading to U.S. military strikes.
Oil prices rose about 6%, with Brent crude reaching $78.80 per barrel and West Texas Intermediate hitting $75 per barrel.
Stock futures showed declines: Dow Jones fell 1%, S&P 500 dropped 0.8%, and Nasdaq decreased 1.3%.
The U.S. government revoked a waiver that allowed Iranian oil sales, tightening sanctions after the tanker attacks.
Higher oil prices could increase inflation by raising gasoline and transport costs, potentially affecting Federal Reserve policies.
Some experts think the conflict may flare temporarily but believe the White House wants to avoid full military escalation.
Energy markets have adjusted by finding alternative oil routes and responding to lower global demand.
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The BBC’s new director general, Matt Brittin, said the current TV licence fee system is outdated and not working well. He suggested that the government should consider a new way to charge households for BBC funding, such as a compulsory fee included in utility bills like electricity or broadband.
Key Facts
Matt Brittin became BBC director general six weeks ago.
The BBC mainly gets money from a £180-a-year TV licence fee.
Fewer households are paying the TV licence fee, dropping to 80%.
Brittin called the licence fee model "yesterday's model" and "no longer fit for purpose."
He proposed a household levy collected through utility bills, which the government has previously ruled out.
Alternatives like adverts or subscriptions could reduce BBC services like children’s shows and local news.
The BBC is cutting about 2,000 jobs to save £500 million.
The current BBC funding agreement expires in 2027 and is under public review.
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The Dutch branch of Tata Steel is facing legal action for allegedly releasing harmful substances into the environment, which could harm public health. The prosecutor’s office found enough evidence to bring criminal charges related to steel production processes and poor maintenance, and a court hearing is set for November 20.
Key Facts
The Dutch prosecutor’s office accuses Tata Steel's Dutch branch of unlawfully releasing harmful substances into the air.
The case began after a 2022 complaint from over 800 people represented by a lawyer.
The investigation focuses on Tata Steel’s coke oven gas plants, which process coal into coke for steel production.
Tata Steel is also suspected of poor maintenance, operating without permission, and not reporting several incidents.
Coke production involves toxic emissions that can affect public health.
Tata Steel says it is working to reduce under-baked coke and has made technical improvements.
The prosecutor is also investigating if managers could be personally responsible.
A preliminary court hearing is scheduled for November 20 in Amsterdam District Court.
Coke: a fuel made by heating coal without air, used in making steel.
Under-baked coke: coke that is not fully processed, causing more pollution.
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