What to know about Trump's Board of Peace
o President Trump was expected to unveil the charter of his "Board of Peace" on Thursday, during an event in Davos, Switzerland. While offering little new detail on what the group was to do, he took the stage to introduce fellow world leaders who have signed onto the initiative.

o Announced last year as part of a Trump-brokered Israel-Hamas ceasefire plan, the Board of Peace has been framed as an international body chaired by the president to help oversee the reconstruction of the Gaza Strip.

o It's not yet clear how the board will operate and what countries will join. The administration says dozens of world leaders have signed up, though a handful of European countries say they will hold off on joining.

o Thursday's event will take place during Mr. Trump's visit to the 2026 World Economic Forum. The...More

Data from the Federal Reserve shows that the so-called K-shaped economy in America is alive and well, with low- and middle-income households falling further behind as the richest Americans pull away.

The top 1% of households owned 31.7% of all U.S. wealth in the third quarter of 2025, the highest share on record since the Federal Reserve began tracking household wealth in 1989. That share has increased even as wealth growth for the rest of the population has stalled or slowed, the data shows.

Collectively, the wealthiest 1% held about $55 trillion in assets in the third quarter of 2025 — roughly equal to the wealth held by the bottom 90% of Americans combined.

"Household wealth is highly concentrated and becoming steadily more concentrated," Mark Zandi, chief economist at financial research firm Moody's Analytics, told CBS News.

The latest snapshot of wealth...More

The Reds' unbeaten run is the longest in Europe's top-five leagues, and they may just be turning the corner with all that firepower


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When Mohamed Salah left for the Africa Cup of Nations five and a half weeks ago, it was fair to wonder if one of Liverpool's greatest ever players might ever find a comfortable place for himself in Arne Slot's side. Even when Alexander Isak's injury put the kibosh on any prospect of a move to the Saudi Pro League, the sense was that Salah might not mesh with the changes that were being made at Anfield in his absence.

They had been trending in this way before last season's talisman went to Morocco, but as the bandwagon rolled on in this curiously underwhelming unbeaten run, now at 13 after a 3-0 win in Marseille that was anything but, Slot had bent this team a little more in his direction. He might...More

Among the fiction offerings at Sundance are (clockwise from top left) "Bedford Park" (starring Son Sukku and Moon Choi); "The Only Living Pickpocket in New York" (with John Turturro); from Iran, "The Friend's House Is Here"; and "The Gallerist" (with Natalie Portman and Jenna Ortega). Sundance Film Festival

The Sundance Film Festival, America's leading showcase for independent narrative and documentary films from the United States and around the world, opens its 2026 edition on Thursday. This year's festivai presents nearly 100 features through Feb. 1, in-person in Utah and online.

This year's program includes dramatic films with stars including Natalie Portman, Channing Tatum, Dustin Hoffman, Seth Rogen, Olivia Wilde, Chris Pine, Ethan Hawke, Keegan Michael-Key, and Charli XCX. There's also a lineup of documentaries whose...More

Britain's Prince Harry gives evidence in his privacy lawsuit against the publisher of The Daily Mail, at the High Court in London, January 21, 2026, in this courtroom sketch. Julia Quenzler / REUTERS

Prince Harry struck a combative tone as he testified Wednesday in his lawsuit against the publisher of the Daily Mail and insisted that his latest legal battle with Associated Newspaper Ltd. was "in the public interest."

Harry and six other prominent figures, including Elton John and actor Elizabeth Hurley, allege that the publisher invaded their privacy by engaging in a "clear, systematic and sustained use of unlawful information gathering" for two decades, attorney David Sherborne said. The celebrities allege that the company illegally spied on them by hiring private investigators to hack their phones, bug their cars and access private...More

Abed Shaat worked as a freelance cameraman for CBS News and other outlets in Gaza.

An Israeli airstrike killed three journalists in Gaza on Wednesday, the territory's civil defense agency said. One of those killed, Abed Shaat, had worked for years as a cameraman for CBS News and other outlets.

Officials identified the other two journalists killed as Mohammed Salah Qashta and Anas Ghneim, the Agence France-Presse news agency reported. Shaat had also contributed regularly to AFP, but the agency said he was not on assignment for them at the time.

Civil defense officials said the three were killed in an Israeli airstrike in the Al-Zahra area, southwest of Gaza City.

The Israel Defense Forces released a statement saying troops "identified several suspects who operated a drone affiliated with Hamas in the central Gaza Strip, in a manner that posed a threat to their...More

Ryanair CEO Michael O'Leary offered Elon Musk a free flight as part of a "big idiot" promotion by the discount carrier, the company's tongue-in-cheek retort after the airline executive and technology mogul traded insults earlier this week.

"I suspect he's a bigger idiot than me, but nevertheless, he probably thinks I am a bigger idiot than him," O'Leary said on Wednesday during an hour-long press conference in Dublin, where Ryanair is based.

The two have publicly sparred after O'Leary said he would not install WiFi gear from Starlink, the Musk-owned maker of satellite internet gear, on Ryanair planes out of concern that the extra weight from the system's antennas would drive up fuel costs.

"It is a terrific system. It works very well," O'Leary said. "The problem is if you put it on board aircraft, there is a cost of that of about $200 million, $250 million a year, including...More

Open-source data shows the maritime activity around Greenland on Jan. 19, 2026. Pink arrows represent fishing boats while green arrows represent cargo ships. MarineTraffic.com

President Trump has made a series of claims about Greenland in recent weeks, insisting the United States needs to take control of the island to protect Americans — a view Greenland officials and NATO allies reject.

At the World Economic Forum in Davos on Wednesday, Mr. Trump called acquiring Greenland "a core national security interest of the United States of America," reiterating his interest in acquiring the self-governing territory from Denmark.

Later Wednesday, following a meeting with NATO Secretary-General Mark Rutte, the president seemed to temper his language, saying that he and Rutte had reached "the framework of a future deal" regarding Greenland. The president did not...More