The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means. Source
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North Carolina communities, flooded before, brace for Debby
Lumberton, North Carolina, sits 80 miles inland but it was still inundated with flood water from 2016’s Hurricane Matthew and 2018’s Hurricane Florence. Source
Inland communities increasingly susceptible to flooding from hurricanes
As oceans and the atmosphere warm, the risk of inland flooding from hurricanes and tropical storms grows. Mark Strassmann takes a look at a North Carolina community that’s already learned that lesson twice. Source
Simone Biles wins silver in women’s gymnastics floor final
Simone Biles won silver in the women’s gymnastics individual floor final at the Paris Olympics on Monday. Earlier falls on the balance beam, including falls by Biles and Suni Lee, left the U.S. out of individual medals contention in that apparatus. “CBS Saturday Morning” co-host and CBS News and sports correspondent Dana Jacobson is in Paris with a recap. Source
Former U.S. ambassador to Russia on current state of relations
As the former U.S. ambassador to Russia, John Sullivan has rare insight when it comes to the inner workings of the Kremlin. He was also in Moscow the night Putin’s army invaded Ukraine in 2022. Sullivan joins CBS News to discuss his new memoir, “Midnight in Moscow,” and the future of U.S.-Russia diplomacy. Source
Biden meets with national security team amid Middle East tensions
Israel and its allies are preparing for an Iranian strike after the killing of a senior Hamas official last week in Tehran. President Biden met with his national security team at the White House situation room Monday. CBS News’ Debora Patta and Ed O’Keefe have the details. Source
Tropical Storm Debby making its way northeast
Tropical Storm Debby is making its way north to the Georgia and South Carolina coasts. Both state’s governors have declared states of emergency to prepare for heavy rains and severe floods. CBS News correspondent Cristian Benavides has the latest from Savannah, Georgia. Source
Google maintained illegal search engine monopoly, judge rules
A federal judge ruled against tech giant Google in a major antitrust case on Monday. The ruling says the company acted illegally to maintain a monopoly of its search engine. CBS News legal contributor Jessica Levinson joins to unpack the decision. Source
Harris to kick off battleground state tour after VP pick announcement
Vice President Kamala Harris is expected to announce her running mate Tuesday morning. Harris is set to hold a rally in Pennsylvania later that day alongside her VP pick. CBS News chief election and campaign correspondent Robert Costa has more. Source
Georgia, South Carolina brace for Tropical Storm Debby
Tropical Storm Debby was downgraded from a Category 1 hurricane after slamming into Florida on Monday. Some forecasters are predicting record-setting rainfall for parts of Georgia and South Carolina as Debby makes its way north and east. CBS News national correspondent Manuel Bojorquez reports from Charleston. Source