Impact of downgrade on consumers, investors
Roben Farzad of Bloomberg Businessweek speaks to "The Early Show" anchors about the impact of Standard & Poor's downgrade of U.S. credit on investors and American consumers.
Watch CBS News
Roben Farzad of Bloomberg Businessweek speaks to "The Early Show" anchors about the impact of Standard & Poor's downgrade of U.S. credit on investors and American consumers.
Strategas Chief Investment Strategist Jason Trennert speaks to Anthony Mason about the impact of the rating downgrade on the markets and how investors are preparing for the fallout.
Jeff Glor speaks with of Fortune Magazine assistant managing editor Leigh Gallagher and Wall Street Journal "Markets" columnist Kelly Evans about what the U.S. credit downgrade might mean for America's future.
Sam Youngman of The Hill, David Weigel of Slate.com and Olivier Knox of Agence France Presse used twitter as an outlet during the debt debate, to maintain their sanity. Washington Unplugged takes a look at the funny, raunchy, and outrageous tweets.
The stock market climbed out of a 160-point hole to barely escape its ninth straight day of losses. Anthony Mason reports on another volatile day on Wall Street.
While meeting with his Cabinet Wednesday, President Obama ramped up pressure on Congress to pass funding for the Federal Aviation Administration.
Transportation Secretary Ray LaHood joined White House Press Secretary Jay Carney at briefing Wednesday and scolded Congress for not passing a bill to fund the Federal Aviation Administration.
Rep. Steny Hoyer (D-Md.) joined other Democratic leaders Wednesday and pointed blamed at Republicans for holding up funding for the Federal Aviation Administration.
Scott Pelley spoke with Sen. Mark Warner (D-Va.) and Sen. Saxby Chambliss (R-Ga.) on the prospects of a new super committee established to identify trillions of dollars in budget cuts.
Congresswoman Gabrielle Giffords stunned members of the House of Representatives when she stepped onto the floor for the first time since she was shot in January. Nancy Cordes reports on Giffords' triumphant return.
The nearly four million Americans who've had their jobless benefits extended to the maximum of 99 weeks face losing those benefits at the end of the year, reports Dean Reynolds.
Though a deal has been made to raise the debt ceiling and the immediate threat of default is over, it's clear that President Obama is disappointed in the outcome. As Norah O'Donnell reports, the president is preparing for round two of this fight.
A new report that shows economic recovery may be in trouble sent stock prices plunging. CBS News senior business correspondent Anthony Mason reports on the Dow's worst day in two months.
CBS News Chief White House Correspondent Norah O'Donnell asked White House Press Secretary Jay Carney why Obama did not thank Congress in his debt-ceiling compromise speech Tuesday.
Sen. Charles Schumer (D-N.Y.) joined other Democrats for a news conference after the Senate passed the debt-ceiling bill and said it's time to focus on job creation now.
Scott Pelley and Bob Schieffer offer analysis of President Obama's comments following the passage of a debt ceiling agreement in Congress.
In the White House press briefing Tuesday, CBS News' Mark Knoller asked press secretary Jay Carney if the president would sign the deficit bill by hand or by autopen, which Mr. Obama has previously done.
Shortly after the Senate passed the debt-ceiling bill Tuesday, President Obama said families struggling to make ends meet should compel Congress to compromise, not just a looming economic disaster.
President Obama full speech on the debt ceiling deal following its passage in both houses of Congress. CBS News' Scott Pelley and Norah O'Donnell report.
Less than an hour after the Senate passed a debt limit compromise Tuesday, President Obama said everything's still on the table, including tax increases and social program cuts.
Vice-President Biden sat down with CBS News Evening News anchor Scott Pelley to talk about debt, the long debate and partisan politics. Jeff Glor previews the interview.
Before Rep. Gabrielle Giffords appeared on the House floor, Twitter followers already knew of her return. CNET-TV's Molly Wood reports on how social media sites followed the debt debate.
CBS News Congressional correspondent Nancy Cordes reports on Rep. Gabrielle Giffords' (D-Ariz.) memorable return to Congress to vote on the debt ceiling agreement. Then, Erica Hill talks to veteran CBS Newsmen, Bill Plante and Bob Schieffer about other memorable returns.
Fla. Rep. Debbie Wasserman Schultz speaks to Erica Hill about the return to Congress of good friend Ariz. Rep. Gabrielle Giffords and her long road to recovery.
Erica Hill roams the halls of the Capitol and talks to Rep. Raul Grijalva (D-Ariz.) and Sen. Mark Warner (D-Va.) about the debt ceiling deal.
GOP Sen. Bill Cassidy of Louisiana urged the president to be "radically honest" when he's speaking about vaccines, as the U.S. this year has recorded the most measles cases in more than three decades.
Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng, ahead of the planned summit between President Trump and Chinese President Xi Jinping this week.
New York City Mayor Zohran Mamdani and President Trump have met at least twice since Mamdani was elected last year.
On this "Face the Nation with Margaret Brennan" broadcast, Reps. Ro Khanna and Maria Elvira Salazar join Margaret Brennan.
GOP Rep. Maria Elvira Salazar of Florida warned in a campaign ad last week that President Trump's immigration enforcement policy has "gone too far."
The following is the transcript of the interview with IBM vice chair Gary Cohn, who served as an economic adviser in President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Rep. Ro Khanna, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Sen. Bill Cassidy, Republican of Louisiana, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Rep. Maria Elvira Salazar, Republican of Florida, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The two-term Kentucky Governor advises his fellow Democrats to speak like "normal people" and not shy away from progressive politics or religious faith. He discusses his book, "Go and Do Likewise," which teaches how to change minds by winning hearts.
President Trump said that he has agreed to convert plans for a massive triumphal arch into a "top grade Military Complex," equipped with snipers and drone storage.
The latest attack brings the number of people who have been killed in boat strikes by the U.S. military in Latin America to at least 231 in 69 strikes since the Trump administration began targeting those it calls "narcoterrorists" about one year ago.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
President Trump announced he struck a deal to give the U.S. "permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many U.S. concerns."
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
The proposed sale is subject to congressional review.
A federal appeals court ruled Friday that U.S. immigration officials must offer detainees "a meaningful opportunity to contest" any deportation to countries where they have no ties.
President Trump said he struck a deal to give the U.S. "permanent control over security" in Greenland following a push by the president to boost U.S. influence over the island — or take it over.
The new law lets the president impose tariffs on the largest purchases of Russian oil and natural gas.
The lawyer for the man identified him as a 28-year-old Venezuelan national, Wilber Rafael Garces Perez. Officials said he was shot at least once in the torso and was in serious but stable condition.
Eighteen suspects who were arrested in the July 2021 killing of Haitian President Jovenel Moïse were awaiting extradition to the U.S. on Sunday.
GOP Sen. Bill Cassidy of Louisiana urged the president to be "radically honest" when he's speaking about vaccines, as the U.S. this year has recorded the most measles cases in more than three decades.
Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng, ahead of the planned summit between President Trump and Chinese President Xi Jinping this week.
New York City Mayor Zohran Mamdani and President Trump have met at least twice since Mamdani was elected last year.
Predictions that AI could destroy humanity in a few years are irresponsible and not based on science, Nvidia's co-founder told CBS News.
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
GOP Sen. Bill Cassidy of Louisiana urged the president to be "radically honest" when he's speaking about vaccines, as the U.S. this year has recorded the most measles cases in more than three decades.
Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng, ahead of the planned summit between President Trump and Chinese President Xi Jinping this week.
New York City Mayor Zohran Mamdani and President Trump have met at least twice since Mamdani was elected last year.
On this "Face the Nation with Margaret Brennan" broadcast, Reps. Ro Khanna and Maria Elvira Salazar join Margaret Brennan.
GOP Rep. Maria Elvira Salazar of Florida warned in a campaign ad last week that President Trump's immigration enforcement policy has "gone too far."
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
The twins were born in Ethiopia with a rare condition that left them joined at the head. Doctors spent a year planning a separation surgery.
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
Eighteen suspects who were arrested in the July 2021 killing of Haitian President Jovenel Moïse were awaiting extradition to the U.S. on Sunday.
German Chancellor Friedrich Merz acknowledged that the result was a "disaster" but said he would still move ahead with his government's reform agenda.
The following is the transcript of the interview with IBM vice chair Gary Cohn, who served as an economic adviser in President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Rep. Ro Khanna, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Sen. Bill Cassidy, Republican of Louisiana, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
This month marks 60 years since the first episode of Star Trek aired on TV, and Dave Malkoff shows how all these years later, the future is now.
This weekend, British pop star Ed Sheeran resumed his concert tour in Philadelphia, with no openers, amid a world of controversy. Jared Ochacher reports from outside Lincoln Financial Field.
Hosted by Jane Pauley. Featured: Battling sports gambling addiction; Charles Spencer on his sister, Princess Diana; Nvidia CEO Jensen Huang on AI; Kentucky Gov. Andy Beshear; Hollywood superagent Ari Emanuel; The Smithsonian's Lonnie Bunch; and a spectacle of buffalo puppetry.
"Sunday Morning" looks back on the life of Peter Max, whose psychedelic pop art became synonymous with the 1960s; and remembers costume designer Bob Mackie, who dressed the likes of Cher, Carol Burnett and Diana Ross.
The Hollywood dealmaker is telling his life story in a raw, raunchy and rollicking new memoir, "Roll the Calls." He talks about growing up a bullied, dyslexic kid in the suburbs of Chicago, and explains why he is never afraid of confrontation.
Hosted by Jane Pauley. Featured: Battling sports gambling addiction; Charles Spencer on his sister, Princess Diana; Nvidia CEO Jensen Huang on AI; Kentucky Gov. Andy Beshear; Hollywood superagent Ari Emanuel; The Smithsonian's Lonnie Bunch; and a spectacle of buffalo puppetry.
Predictions that AI could destroy humanity in a few years are irresponsible and not based on science, Nvidia's co-founder told CBS News.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
In this web exclusive, Nvidia CEO Jensen Huang talks with CBS News' Jo Ling Kent about the exponential growth of AI, industry warnings about its power, and why he disagrees with recent calls to slow down development.
The Atlantic recently called Nvidia founder and CEO Jensen Huang "the most powerful man in AI." He talks with correspondent Jo Ling Kent at Nvidia headquarters in Santa Clara, Calif., about the latest developments in artificial intelligence and the ongoing debate over safety and regulations.
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Eighteen suspects who were arrested in the July 2021 killing of Haitian President Jovenel Moïse were awaiting extradition to the U.S. on Sunday.
In an exclusive interview airing Sunday on 60 Minutes, Patrick Clancy shares his side of the story, just weeks after his ex-wife Lindsay Clancy's murder trial ended without a verdict. Ross Douthat sat down with Patrick Clancy to discuss life after trauma and what lies ahead.
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time. Watch more of the interview on 60 Minutes on Sunday.
The holdout juror in Lindsay Clancy's triple murder case has released a statement. Shanelle Kaul reports.
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
This month marks 60 years since the first episode of Star Trek aired on TV, and Dave Malkoff shows how all these years later, the future is now.
The Canadian province of Alberta, a major supplier of oil and natural gas to the U.S., will vote next month on a possible referendum that could break up the country. Ian Lee reports from Raymond, Alberta.
California Gov. Gavin Newsom signed a bill known as "Jay Leno's Law," allowing high-emission classic cars to hit the streets for short trips. Adam Yamaguchi has more details.
This weekend, British pop star Ed Sheeran resumed his concert tour in Philadelphia, with no openers, amid a world of controversy. Jared Ochacher reports from outside Lincoln Financial Field.
America's farmers face a tough harvest this year with trade wars, tariffs and inflation all taking a toll. The cost of diesel hit a new record, averaging $6.50 a gallon, nearly a dollar higher than last month. Lana Zak reports from North Liberty, Iowa.