How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
MoneyWatch
Latest News
Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Workers are getting paid to teach AI how to do their jobs
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Sponsored
Small business optimism impacted
New small-business data raises concerns about the impact of certain economic conditions and global events. CBS News' Jill Schlesinger has more. (Sponsored by AT&T Business)
Rare blue-green diamond sells for record price at auction
The 5.5-carat "Ocean Dream" diamond was found in Central Africa in the 1990s.
Social Security's cost-of-living adjustment could reach nearly 4% in 2027
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
Managing Your Money
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$25,000 short-term CD vs. $25,000 high-yield savings account: Which will earn more this year?
The gap between the returns on a $25,000 CD and a $25,000 high-yield savings account may surprise you.
What happens to your Social Security if a creditor wins a lawsuit against you?
Losing a debt lawsuit doesn't always mean your Social Security benefits are at risk — but there are exceptions.
Are adjustable-rate mortgages worth considering right now? Here's what experts say
An ARM may get you a lower rate, but it's not the right move for everyone in today's economic environment.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
Here's how AI can help with retirement planning, and where it struggles
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Americans expect to work much longer than they would like. Here's why.
Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."
Americans saving less for retirement — that's a "warning sign," experts say.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
Work
EEOC sues New York Times, alleging bias against White male worker
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
More Americans are quitting their U.S. jobs to work abroad, study finds
Since 2021, the share of U.S.-based employees who have left their jobs to work in another country has more than doubled.
This is the fastest-growing job for young workers, LinkedIn says
Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.
U.S.
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Prominent N.Y. synagogue targeted in alleged terror plot, prosecutors say
An Iraqi national allegedly plotted to carry out terror attacks in the U.S., including at a prominent synagogue in New York, prosecutors said Friday
Pirro threatens charges against parents if their teens violate local curfew
In a move aimed at curbing the growing problem of "teen takeovers," D.C. U.S. Attorney Jeanine Pirro is threatening to bring charges against parents if their teens violate the local curfew.
Exclusive
Pentagon's rush to counter drone threat may pose safety risks, specialist says
The safety specialist's warning appeared in a memo describing how a mini-drone had detonated and injured an Army Special Forces soldier.
Democratic Rep. Steve Cohen drops reelection bid after redistricting
Democratic Rep. Steve Cohen of Tennessee announced Friday that he's retiring from Congress at the end of this term after his district in Memphis was redrawn.
This week on "Sunday Morning" (May 17): "By Design"
"Sunday Morning" presents its annual edition touching on all aspects of design, hosted by Jane Pauley.
MoneyWatch
More MoneyWatch
How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Politics
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Cuba's biggest threat to U.S. is collapse, says former defense secretary
In an interview with "Face the Nation," Gates said another mass exodus from Cuba is the "biggest risk."
Pirro threatens charges against parents if their teens violate local curfew
In a move aimed at curbing the growing problem of "teen takeovers," D.C. U.S. Attorney Jeanine Pirro is threatening to bring charges against parents if their teens violate the local curfew.
Exclusive
Pentagon's rush to counter drone threat may pose safety risks, specialist says
The safety specialist's warning appeared in a memo describing how a mini-drone had detonated and injured an Army Special Forces soldier.
Democratic Rep. Steve Cohen drops reelection bid after redistricting
Democratic Rep. Steve Cohen of Tennessee announced Friday that he's retiring from Congress at the end of this term after his district in Memphis was redrawn.
Exclusive
2 senators call on FAA to study impact of reduced flight attendant staffing
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
HealthWatch
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HealthWatch
The origins of hantavirus
The deadly hantavirus outbreak on a Dutch-flagged cruise ship was caused by the Andes virus, the only known strain to spread from person to person. Rodents are known to carry hantavirus, but what's the disease's origin story? Ramy Inocencio explains.
Ebola outbreak in Congo kills dozens, Africa's CDC says
A new Ebola outbreak in a remote province in Congo has caused 65 deaths and 246 suspected cases so far, Africa CDC says.
FDA blocked melanoma drug as confusion reigned under Makary
A third of patients in a clinical trial had tumors shrink while taking a genetically engineered treatment known as RP1.
RFK Jr. says he won't run for president in 2028
HHS Secretary Robert F. Kennedy Jr. is trying to address the interests of his MAHA supporters, who view him as their hope for the future, while being a good soldier in the eyes of the Trump White House.
Teens help save man having a heart attack
Three South Florida teenagers helped a 65-year-old having a heart attack. Matt Gutman has the story.
World
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Cuba's biggest threat to U.S. is collapse, says former defense secretary
In an interview with "Face the Nation," Gates said another mass exodus from Cuba is the "biggest risk."
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
Coast Guard stops boats holding 3 tons of cocaine, opens fire on one
The crew of the Tahoma, a 270-foot Coast Guard cutter, made the interdictions about 90 miles off the coast of Cartagena, Colombia.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
Entertainment
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Entertainment
Inside look at "Jack Ryan: Ghost War"
John Krasinski and Michael Kelly join "CBS Mornings" to discuss reuniting for the movie, "Tom Clancy's Jack Ryan: Ghost War," after starring in the TV series "Tom Clancy's Jack Ryan" for four seasons. They discuss the movie, their friendship and how they balance it all with their busy family lives.
Previewing new season of "Couples Therapy"
Dr. Orna Guralnik speaks to "CBS Mornings" about the new season of the docuseries "Couples Therapy," which features Guralnik counseling four new couples on how to tackle issues in their relationships, including major political differences and infidelity.
Drake releases three new albums
In a surprise, Drake dropped three new albums Thursday night, including "Iceman." It's the Canadian rapper's first new music since his explosive public feud with Kendrick Lamar.
Yellowstone spinoff "Dutton Ranch" premieres
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.
From the archives: Outspoken film critic Rex Reed
Film critic Rex Reed, whose clever and barbed opinions about movies – and movie stars – made him a fixture for decades in print and on television, died on May 12, 2026 at age 87. In this Feb. 4, 2018 "Sunday Morning" profile, Reed talked with Mo Rocca about how he came to live the life of an A-Lister himself. He also dispensed his unvarnished opinions about that year's best picture Oscar-nominees.
Technology
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Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
How the Trump-Xi summit could impact AI race
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
How AI powered robots are helping small farms
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.
Closing arguments held in OpenAI case
Lawyers presented closing arguments Thursday in the OpenAI trial pitting Elon Musk against its CEO, Sam Altman. CBS News legal contributor Jessica Levinson has more.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Science
More Science
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Crime
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Crime
Iraqi national accused of plotting attacks
Mohammad Baqer Saad Dawood Al-Saadi is facing federal charges for allegedly plotting several terror attacks in the U.S., including targeting a Jewish institution in New York. CBS News' Anna Schecter and Jake Rosen report.
Prominent N.Y. synagogue targeted in alleged terror plot, prosecutors say
An Iraqi national allegedly plotted to carry out terror attacks in the U.S., including at a prominent synagogue in New York, prosecutors said Friday
Coast Guard stops boats holding 3 tons of cocaine, opens fire on one
The crew of the Tahoma, a 270-foot Coast Guard cutter, made the interdictions about 90 miles off the coast of Cartagena, Colombia.
Cartel leader "The Gardener" hit with U.S. charges after dramatic capture
Jalisco cartel boss Audias Flores Silva was arrested in an operation by Mexican Navy special forces based on information provided by U.S. agencies.
Former death row inmate granted bond after nearly being executed 3 times
An Oklahoma judge granted bond to former death row inmate Richard Glossip on Thursday, laying the groundwork for his first release from prison since 1997.
Space
More Space
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
5/16: The Uplift
David Begnaud meets a man who has attended the Kentucky Derby for 79 years in a row – and his dying wish to make it there one last time.
Robert Gates on Cuba's biggest threat to U.S.
Former Defense Secretary Robert Gates told "Face the Nation" moderator Margaret Brennan that the biggest threat Cuba poses to the U.S. is its potential collapse. "The biggest risk is that we end up with another Mariel evacuation from Cuba that has tens of thousands of Cubans heading to the United States out of desperation," Gates said in an interview airing Sunday.
Iraqi national accused of plotting attacks
Mohammad Baqer Saad Dawood Al-Saadi is facing federal charges for allegedly plotting several terror attacks in the U.S., including targeting a Jewish institution in New York. CBS News' Anna Schecter and Jake Rosen report.
Powell's legacy as Federal Reserve chair
Federal Reserve Chair Jerome Powell's last day comes after a tense tenure through a pandemic, economic turmoil and a rocky relationship with President Trump. CBS News' Emily Pandise reports.
Soldier reacts after ICE took wife
Army Sgt. 1st Class Jose Serrano says his wife, Deisy Rivera Ortega, is back home after U.S. Immigration and Customs Enforcement detained her for a month. CBS News' Camilo Montoya-Galvez reports.