What to expect from fed rate cut
The Federal Reserve is expected to make a quarter-point interest rate cut on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Interest Rates
Fed expected to cut interest rates
The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.
What to expect from the Fed rate cut decision
The Federal Reserve on Wednesday will announce its decision on if it will cut its benchmark interest rate again. CBS News MoneyWatch correspondent Kelly O'Grady explains what to expect.
Here's what to expect from the Fed's interest rate meeting today
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Federal Reserve likely to cut interest rates
The Federal Reserve is expected to announce an interest rate cut decision during its meeting on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Here are the 3 biggest ways the Fed's rate cut could impact your money
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
How the interest rate impacts Americans
The Federal Reserve's latest decision to implement a cut to its benchmark interest rate comes after lagging job growth. Allie Kelly, a reporter for Business Insider, joins CBS News with more on the impact on America's economy.
How significant is the Fed's latest rate cut?
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Fed signals two more rate cuts in 2025
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Fed cuts rates for first time in 9 months
The Federal Reserve announced it's lowering its benchmark interest rate by 0.25 percentage points. It's the first rate cut since December. CBS News' Kelly O'Grady
Fed cuts interest rates 0.25 percentage points
The Federal Reserve announced that it lowered interest rates by 0.25 percentage points, its first rate cut since December 2024. CBS News MoneyWatch correspondent Kelly O'Grady and White House correspondent Ed O'Keefe have more.
Will the Fed cut rates today? These charts may determine its decision.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
Reporter's Notebook: Behind the Fed's jargon
The Federal Reserve is expected to lower interest rates, and decisions that shape household budgets will be explained in woolly-mouthed Fed speak. "CBS Evening News" co-anchor John Dickerson explains.
Why the Fed is expected to cut rates
The Federal Reserve's upcoming rate decision is shaping up to be its most consequential of the year, with most economists predicting the first cut of 2025. Kelly O'Grady has more.
Why signs are pointing to a Fed rate cut
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Ex-CBO director on Trump's 2nd term economy
President Trump's position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S.' foremost conservative economists, says in his first term, Mr. Trump did some "astounding" things for the economy. Holtz-Eakin joins "The Takeout" to discuss why his views on the president's second-term economic policies have turned negative.
Inflation fuels falling consumer sentiment
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
Trump admin. asks appeals court to allow firing of Lisa Cook before Fed meeting
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Top Trump adviser urges for Fed reform
White House National Economic Council director Kevin Hassett told "Face the Nation with Margaret Brennan" that he believes the Federal Reserve "needs to be fully independent of political influence" as President Trump continues to pressure Fed Chair Jerome Powell to lower interest rates. CBS News business contributor Javier David has the latest.
Economists' top 3 takeaways from the dismal August jobs report
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
A possible upside to August's slowing job growth
Employers across the U.S. added 22,000 jobs in August, falling short of economists' muted expectations and signaling the labor market is facing sharp headwinds from mounting economic uncertainty amid the Trump administration's wide-ranging tariffs. Jo Ling Kent has the biggest takeaways.
Body of soldier who went missing in Morocco recovered, U.S. Army says
The Moroccan military recovered the body of one of two U.S. soldiers who went missing on May 2, the U.S. Army said.
Netanyahu wants Israel "to draw down to zero the American financial support"
Israeli Prime Minister Benjamin Netanyahu addresses the conflicts in Iran and Lebanon, the prospects for a peace deal, and the relationship between the U.S. and Israel.
French passenger of hantavirus ship starts showing symptoms on flight home
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
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Trump says Iran's response to peace proposal "totally unacceptable"
President Trump did not provide further details on what issues he had with the response or what would come next.
International operation disrupts "cocaine highway" across the Atlantic
Europol said an international operation successfully disrupted a major drug trafficking route known as the "cocaine highway."
CBS News Radio: A beacon of broadcast journalism signs off
Founded nearly a century ago, CBS Radio, featuring legends such as Edward R. Murrow, Robert Trout and Charles Osgood, created the template for broadcast journalists. But on May 22, CBS will end its heralded radio service.
Louisiana's governor defends decision to suspend congressional primaries
After the Supreme Court ruled a Louisiana congressional map unconstitutional, Gov. Jeff Landry suspended primaries, the state is redrawing its map, and some Black voters fear losing their voice in D.C.
Audio captures moment Frontier plane fatally struck pedestrian
The plane was evacuated because of smoke in the aircraft after the collision, according to the flight crew.
Exclusive
Coast Guard seizes sailboat in Lynette Hooker's disappearance probe, sources say
The sailboat used by Brian and Lynette Hooker in their travels around the Bahamas — named "Soulmate" — has been seized by U.S. Coast Guard investigators.
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Coast Guard seizes sailboat in Lynette Hooker's disappearance probe, sources say
The sailboat used by Brian and Lynette Hooker in their travels around the Bahamas — named "Soulmate" — has been seized by U.S. Coast Guard investigators.
Full transcript of "Face the Nation with Margaret Brennan," May 10, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Energy Secretary Chris Wright and Sen. Mark Kelly join Margaret Brennan.
Sen. Mark Kelly says Pentagon's $1.5 trillion budget request is "outrageous"
Democratic Sen. Mark Kelly of Arizona said the Trump administration's $1.5 trillion budget request for defense spending is "outrageous."
A city rises again from the ashes – but will it be strong enough?
In Los Angeles, rebuilding after last year's devastating wildfires has been a race to the status quo, with speed winning out over safety and strength.
Motherless daughters: Coming together
Twenty years ago, Hope Edelman, author of the bestseller "Motherless Daughters," founded a global support network for women who, like her, were young when their mothers died – to share tears, sisterhood and affirmation.
MoneyWatch
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Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
What the Trump administration's latest tariff blow means for businesses
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC accuses the FCC of violating free speech rights over "The View"
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
Employers added 115,000 jobs in April, blowing past forecasts
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Politics
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Full transcript of "Face the Nation with Margaret Brennan," May 10, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Energy Secretary Chris Wright and Sen. Mark Kelly join Margaret Brennan.
Sen. Mark Kelly says Pentagon's $1.5 trillion budget request is "outrageous"
Democratic Sen. Mark Kelly of Arizona said the Trump administration's $1.5 trillion budget request for defense spending is "outrageous."
Transcript: Scott Gottlieb on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with former FDA Commissioner Scott Gottlieb, who is on boards the of Pfizer and UnitedHealthCare, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
Transcript: Rep. Ted Lieu on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with Rep. Ted Lieu, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
Transcript: Save the Children President and CEO Janti Soeripto on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with former Save the Children President and CEO Janti Soeripto that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
HealthWatch
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French passenger of hantavirus ship starts showing symptoms on flight home
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
Hantavirus cruise passengers to be evacuated
In just hours, the cruise ship at the center of a deadly hantavirus outbreak is expected to arrive in the Canary Islands. All the passengers will then be evacuated to their home countries, including 17 Americans. Ramy Inocencio reports and Dr. Jon LaPook has more on the virus.
WHO director arrives in Canary Islands to oversee hantavirus cruise evacuation
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
A deadly diagnosis almost derailed a mom's dream. Her husband gave her hope.
Maralee Lellio always dreamed of having a large family. A Stage IV cancer diagnosis almost caused her to lose hope.
Man who survived hantavirus 24 years ago, but lost mom and sister, recounts experience
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
World
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Body of soldier who went missing in Morocco recovered, U.S. Army says
The Moroccan military recovered the body of one of two U.S. soldiers who went missing on May 2, the U.S. Army said.
Russia and Ukraine accuse each other of violating U.S.-brokered ceasefire
Russia and Ukraine accused each other of breaking a U.S.-brokered ceasefire on Sunday.
International operation disrupts "cocaine highway" across the Atlantic
Europol said an international operation successfully disrupted a major drug trafficking route known as the "cocaine highway."
Transcript: Scott Gottlieb on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with former FDA Commissioner Scott Gottlieb, who is on boards the of Pfizer and UnitedHealthCare, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
Transcript: Rep. Ted Lieu on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with Rep. Ted Lieu, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
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5/10: Sunday Morning
Hosted by Jane Pauley. Featured: The Supreme Court ushers in a new era of gerrymandering; the legacy of CBS News Radio; motherless daughters; comedian Martin Short; rebuilding L.A.; remembering Ted Turner; and Martha Stewart prepares a Mother's Day breakfast.
Martin Short: Facing tragedy with joy
When you learn what Martin Short has endured in his private life, as captured in the hilarious and heartbreaking documentary "Marty: Life Is Short," the comedian's irrepressibly sunny attitude is all the more astonishing.
Extended interview: Martin Short
In this web exclusive, correspondent Tracy Smith sits down with comedian Martin Short, star of "SCTV," "Saturday Night Live" and "Only Murders in the Building," to talk about how director Lawrence Kasdan convinced him to become the subject of the documentary, "Martin: Life Is Short." They also discuss applying his childhood fantasies in show business; experiencing grief and loss as a young man; his first professional job on "Godspell" with Gilda Radner; and the value of reading his own reviews. He also describes his treasured characters like Ed Grimley, Nathan Thurm and Jiminy Glick.
Martin Short: Facing tragedy with joy
For more than 50 years, comedian Martin Short has been a bright spot on any stage or screen. And when you know what he has endured in his private life, his irrepressibly sunny attitude is all the more astonishing. "Marty: Life Is Short," a hilarious and heartbreaking Netflix documentary, tells of the personal tragedies that Short has endured since childhood – and how he has risen above them. Correspondent Tracy Smith talks with Short and director Lawrence Kasdan about grief and loss being met with laughter and joy.
Martha Stewart: How to make an omelet
In her latest book, "The Martha Way," Martha Stewart shares her classic methods for cooking – the building blocks essential to every home chef.
Technology
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Technology
Online learning platform Canvas hacked
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
Canvas back online after cyberattack hit learning platform for U.S. schools
A system that thousands of schools and universities use was offline due to a cyberattack.
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.
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.
Google unveils screenless Fitbit
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
Science
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Science
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.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
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.
Crime
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Crime
Beverly Hills 911
Beverly Hills detectives try to figure out how a widow ended up dead below a staircase in her mansion. "48 Hours" correspondent Erin Moriarty reports.
How did a wealthy widow wind up dead below a staircase in her mansion?
Beverly Hills detectives responding to the death of 67-year-old Violet Yacobi — who was found on the marble floor below a staircase in her mansion — suspected foul play and her dentist son, and wondered if the family fortune was a motive for murder.
Mother of missing woman in Bahamas speaks out
The search for Michigan mother Lynette Hooker headed into a fifth week as Coast Guard investigators seek to question the owners of a sailboat that was moored near the Hooker's vessel when she went missing. Cristian Benavides reports.
CBS News finds security gaps at Hilton Hotel
CBS News homeland security correspondent Nicole Sganga returned to the Hilton Hotel in Washington, D.C., to better understand the security surrounding the White House Correspondents' Dinner. What she found was a 13-minute gap in security camera coverage in the moments leading up to the shooting.
DOJ yet to authenticate possible Epstein note
A federal judge has made public an apparent suicide note written by convicted sex offender Jeffrey Epstein. CBS News' Anna Schecter reports.
Space
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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.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
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
Benjamin Netanyahu: The 60 Minutes Interview
Israeli Prime Minister Benjamin Netanyahu addresses the conflicts in Iran and Lebanon, the prospects for a peace deal, and the relationship between the U.S. and Israel.
Extended interview: Israeli PM Netanyahu
Major Garrett sat down with Israeli Prime Minister Benjamin Netanyahu to discuss the ongoing conflicts in the Middle East, prospects for a peace deal, and more. Editor's note: The video above is an extended version of the interview that was broadcast on 60 Minutes on Sunday, May 10, 2026.
Gov. Landry on suspending Louisiana primaries
After the Supreme Court ruled a Louisiana congressional map unconstitutional, Gov. Jeff Landry suspended primaries, the state is redrawing its map, and some Black voters fear losing their voice in D.C.
Gout Gout: The 60 Minutes Interview
Australian sprinter Gout Gout is breaking records, including one set by Usain Bolt. Track coach Di Sheppard first saw Gout run at age 12 and predicted: "I'm going to make that one a champion."
Gout Gout vs. Usain Bolt in 200 meters
Correspondent Jon Wertheim breaks down the data behind 18-year-old Australian phenomenon Gout Gout's U20 world record 200-meter sprint, comparing it to Usain Bolt's standing 2009 world record, and what his coach said it will take to win Olympic gold.