The Federal Reserve now expects to cut interest rates just once in 2024 amid sticky inflation
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July 2023.
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July 2023.
"Every year, it goes up and up and up and it's not coming down," one homeowner said of her insurance costs.
The key report on consumer prices comes ahead of a interest-rate decision by the Federal Reserve in the afternoon.
The International Energy Agency is predicting an oil glut by 2030 due to increased production and lower demand.
Social media star and boxer rolls out branded deodorant and other scented products made "without unhealthy stuff."
Alamo Drafthouse, which emerged from the pandemic after filing for bankruptcy, will see its 35 theaters remain open under Sony Pictures deal.
Kansas City couple's house placed for sale on real estate site by an unknown party for a fraction of its market value.
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
In wrongful termination lawsuit, eight former employees claim CEO Elon Musk had them let go after they challenged what they described as "Animal House"-style work environment.
Inflation is cooling, but that doesn't mean you should stop investing in gold. Here's why.
Credit card debt settlement can have a big impact on your credit score. Here's how — and why.
There are multiple timely factors that could combine to lower home equity loan rates soon. Here's what to know now.
Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.
The generative artificial intelligence boom has led to the emergence of romantic companion bots.
Apple said it will stop selling the devices later this month in order to comply with a U.S. import ban.
Alex Jones, the conspiracy theorist known for his fake news site InfoWars and his false denial of the Sandy Hook massacre, was permanently banned from Twitter in 2018.
More than 90 million consumers will scan a QR code this year. But the technology can also facilitate identity theft.
The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."
OpenAI co-founder Sam Altman says he's looking forward to returning to the company, with the support of Microsoft's CEO, to build the 2 companies' "strong partnership."
Musk, who is under fire for supporting an antisemitic post, said the money will be donated to hospitals in Israel and to the Red Cross in Gaza.
Altman landed at Microsoft, the biggest investor in OpenAI, as former Twitch leader Emmett Shear was named OpenAI's new chief executive.
The Supreme Court on Thursday tossed out a challenge targeting the availability of a widely used abortion pill, preserving access to the drug.
Russian authorities say U.S. journalist Evan Gershkovich, held for over a year, will stand trial on espionage charges.
Songwriters Hall of Fame inductee R.E.M. sits down with "CBS Mornings" for a rare interview in Georgia, where they talk about their iconic careers, the band's amicable breakup and their lifelong friendship.
CBS News' review of court-ordered Jan. 6 restitution payments finds little progress in reimbursing federal taxpayers.
The Senate is set to vote Thursday to protect access to IVF, as Democrats make a push around reproductive rights two years after the Supreme Court overturned Roe v. Wade.
Broward public schools and courthouse are closed on Thursday, Miami-Dade public schools are open
A U.S. official said Thursday morning confirmed that there had been progress in discussions on using interest from frozen assets to pay for the support.
A 54-year-old woman collapsed and died Monday while hiking at Colorado National Monument, officials said, as the region experiences a heat wave.
A group of climate protesters interrupted the Congressional Baseball Game Wednesday night, leaping onto the field before Republicans saw a decisive win.
With a relatively low average monthly cost of living and a low crime rate, this little-known town has a lot to offer retirees according to one report.
The U.S. is reaching "peak 65," marking the largest retirement wave in American history. But the financial outlook for many is grim.
Americans are underprepared for retirement, with the average account holding just $88,400 in savings.
BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."
About 1 in 8 workers think they'll retire by age 61. But the reality of saving for decades of expenses is daunting.
The Supreme Court on Thursday ruled that U.S. Patent and Trademark Office didn't violate the First Amendment when it refused to register a trademark for the phrase "Trump Too Small."
A 54-year-old woman collapsed and died Monday while hiking at Colorado National Monument, officials said, as the region experiences a heat wave.
The Supreme Court on Thursday tossed out a challenge targeting the availability of a widely used abortion pill, preserving access to the drug.
A group of climate protesters interrupted the Congressional Baseball Game Wednesday night, leaping onto the field before Republicans saw a decisive win.
A U.S. official said Thursday morning confirmed that there had been progress in discussions on using interest from frozen assets to pay for the support.
In wrongful termination lawsuit, eight former employees claim CEO Elon Musk had them let go after they challenged what they described as "Animal House"-style work environment.
Gov. Ron DeSantis' appointees on Wednesday gave final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World.
Tesla CEO Elon Musk says the electric vehicle company's shareholders are voting "by wide margins" to approve his multibillion-dollar pay package.
Alamo Drafthouse, which emerged from the pandemic after filing for bankruptcy, will see its 35 theaters remain open under Sony Pictures deal.
Social media star and boxer rolls out branded deodorant and other scented products made "without unhealthy stuff."
The Supreme Court on Thursday ruled that U.S. Patent and Trademark Office didn't violate the First Amendment when it refused to register a trademark for the phrase "Trump Too Small."
The Supreme Court on Thursday tossed out a challenge targeting the availability of a widely used abortion pill, preserving access to the drug.
A group of climate protesters interrupted the Congressional Baseball Game Wednesday night, leaping onto the field before Republicans saw a decisive win.
A U.S. official said Thursday morning confirmed that there had been progress in discussions on using interest from frozen assets to pay for the support.
Gov. Ron DeSantis' appointees on Wednesday gave final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World.
The two genetic changes to H1N1 could cut the effectiveness of the main flu antiviral doctors turn to.
The amount of dust and debris World Trade Center first responders were exposed to play a role in risk for dementia before age 65, new study finds.
Alexander Morris, the lead singer of the Four Tops, filed a lawsuit against a Michigan hospital, a nurse and security guard after he was treated like he was mentally ill after he told them he was in the legendary Motown group.
The World Health Organization has confirmed a human bird flu case in India – a 4-year-old who was infected with the H9N2 avian flu virus.
New regulation could potentially help millions of Americans land a job, rent an apartment or qualify for a car loan.
Russian authorities say U.S. journalist Evan Gershkovich, held for over a year, will stand trial on espionage charges.
Hamas says Israel's brazen raid to save 4 hostages killed almost 300 people. Moamen Mattar says his 12-year-old brother was one of them.
Video of the aftermath of the incident appears to show someone trying to perform chest compressions on a person lying on the ground.
More than 100 people have died in India in the past month because of heat strokes and other heat-related causes.
Indonesian authorities have arrested six suspects in an international poaching ring targeting the Javan rhinoceros, a critically endangered species.
Glynnis MacNicol joins "CBS Mornings" to talk about her new memoir, "I'm Mostly Here to Enjoy Myself: One Woman's Pursuit of Pleasure in Paris." She discusses how her Parisian adventure reshaped her outlook as she approaches 50.
Academy Award winner and Tony Award nominee Ariana DeBose will host the Tony Awards for the third time and joins "CBS Mornings" to share exclusive insights.
The founding members of R.E.M. reflected on their early years in Athens, Georgia, how they ultimately found their sound, whether they have any regrets about the band's amicable breakup in 2011, and more in a rare interview with CBS News' senior culture and senior national correspondent Anthony Mason for "CBS Mornings."
Songwriters Hall of Fame inductee R.E.M. sits down with "CBS Mornings" for a rare interview in Georgia, where they talk about their iconic careers, the band's amicable breakup and their lifelong friendship.
It'll be wiener take all when Joey Chestnut, the Nathan's Hot Dog Eating Contest champion banned from the contest this year, faces off with former champion Takeru Kobayashi on Netflix.
Apple this week unveiled its integration with artificial intelligence features the company is calling "Apple Intelligence." The company is partnering with OpenAI, the company behind ChatGPT, to upgrade its longtime virtual assistant, Siri. Connie Guglielmo, CNET's senior vice president of AI editorial strategy, joins to discuss.
As use cases for artificial intelligence emerge among students and younger consumers, an understanding of how AI can help and hurt humans is crucial in the years ahead. Alex Kotran, the CEO of the AI Education Project, joins CBS News with some tips on the future of technology.
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.
Apple announced a new partnership with Open AI at its developers conference on Monday. It means Chat GPT, along with other AI features, will be on Apple devices by the end of this year.
Elon Musk is warning that he may ban employees from taking Apple devices into their workplaces, which include Tesla, SpaceX and X.
A new study from 17 international scientists found that active pharmaceutical ingredients -- the part of medications that help make them effective -- are having increasingly negative impacts on animals and ecosystems across the world. The authors are calling on drug makers to design more sustainable products with environmental impacts in mind. Karen Kidd, one of the study's authors, joins CBS News to unpack the findings.
"The highway to climate hell": More than 75% of the entire global population experienced at least one month of extreme heat within the last year, scientists found. Here's what to know as temperatures continue to break records around the world.
A dramatic cosmic explosion is expected this summer. NASA says the event will be visible to even the naked eye.
Photos of an Austrian Airlines flight went viral this week after a sudden hail storm ripped up the aircraft's nose and shattered its cockpit windows. One expert says it can happen in seconds.
The massive bony fish turns out to be a species that was "hiding in plain sight" for more than a century.
Amid concerns that some felony defendants could be misusing California's Mental Health Diversion Court to have their violent crimes dismissed, a CBS News California investigation found that there is no reliable data to indicate how successful the state program is.
Jurors in Karen Read's murder trial heard testimony from lead investigator Michael Proctor on Monday. Proctor read a series of text messages he sent about Read that he described as "unprofessional and regrettable." Read's attorneys accuse Proctor of planting evidence to help cover for friends who are witnesses in the case. CBS News Boston reporter Penny Kmitt has more.
The shooter, getaway driver and organizer of the attack on Peter R. de Vries were each sentenced to more than 25 years in prison.
Over 30 years ago, a jury convicted Pamela Smart of encouraging her lover, who was a high school student, to shoot and kill her husband. Now, for the first time, Smart has admitted wrongdoing, hoping it will help get her released from her life sentence.
The murders occurred in an industrial city in the state of Guanajuato where drug cartels have been fighting bloody turf battles for years.
A dramatic cosmic explosion is expected this summer. NASA says the event will be visible to even the naked eye.
It was the final flight of Virgin's Unity spaceplane while the company transitions to a more capable spacecraft.
Astronaut Williams Anders died Friday, June 7, 2024, at the age of 90. In this "CBS Sunday Morning" story originally broadcast December 23, 2018, Anders and his fellow crewmates from Apollo 8, James Lovell and Frank Borman, talked with Lee Cowan about becoming the first humans to circle the moon, and of the photograph they brought back: the first image of the Earth above the lunar surface. Dubbed "Earthrise," it showed humanity the beauty and fragility of our home planet, and helped invigorate the environmental movement.
William Anders, who snapped one of the most iconic images of the space age, was killed when his small plane went down off the coast of Washington state.
The Starliner crew had to work around thruster problems and more helium leaks, but pulled off a successful space station docking.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographer Ed Spinelli.
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Forrest Fenn hid a treasure somewhere in the Rocky Mountains. Five men died searching for it.
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Glynnis MacNicol joins "CBS Mornings" to talk about her new memoir, "I'm Mostly Here to Enjoy Myself: One Woman's Pursuit of Pleasure in Paris." She discusses how her Parisian adventure reshaped her outlook as she approaches 50.
Former President Donald Trump is returning to Capitol Hill Thursday to meet with House and Senate Republicans for the first time since the Jan. 6 insurrection. CBS News congressional correspondent Nikole Killion has more.
The Supreme Court on Thursday unanimously rejected a challenge to the availability of mifepristone, a widely-used abortion pill. The ruling was based on procedural grounds and does not prevent future challenges to the drug's access. Norah O'Donnell anchored CBS News' special report on the decision.
Academy Award winner and Tony Award nominee Ariana DeBose will host the Tony Awards for the third time and joins "CBS Mornings" to share exclusive insights.
The founding members of R.E.M. reflected on their early years in Athens, Georgia, how they ultimately found their sound, whether they have any regrets about the band's amicable breakup in 2011, and more in a rare interview with CBS News' senior culture and senior national correspondent Anthony Mason for "CBS Mornings."