Federal Reserve hikes its key interest rate a quarter point
The U.S. central bank is stepping up its efforts to curb inflation despite concerns about banking industry risks.
MoneyWatch
Latest News
Drug shortages are surging, ranging from IV saline to antibiotics
Almost 300 drugs had an active shortage in 2022, a Congressional report finds. The issue poses a national security risk.
Scammers are using AI voice cloning tools to dupe victims
One expert said he doesn't even answer unknown callers anymore and uses a code word with family members.
DirecTV says Newsmax to return, months after "censorship" claims
The satellite-TV provider had said the dispute was over money, while conservative TV network Newsmax had alleged bias.
GameStop notches first profit in 2 years, as shares surge
The "meme stock" surprised investors by recording a jump in quarterly earnings, but long-term challenges remain.
Unregulated crypto ATMs give criminals a loophole to prey on victims
The country has approximately 32,000 crypto ATMs and kiosks that appear like traditional ATMs but instead convert cash into digital cryptocurrency.
Should you aim for a big tax refund — or nothing?
Refunds are met with glee each spring, but financial pros note that it represents money you've overpaid to the government.
As senators threaten a ban, what will happen to TikTok?
The future of the popular mobile app, used by 150 million Americans, has never been more uncertain. Here's what to know.
Foot Locker to close more than 400 stores ahead of brand reset
Sneaker company plans to close hundreds of in-mall shops before opening more standalone stores.
Managing Your Money
More
High-yield savings accounts vs. regular savings accounts: What's the difference?
Consider these factors when determining whether a high-yield or regular savings account is right for you.
Life insurance mistakes seniors should avoid
In order for seniors to get the most out of a life insurance policy they should avoid making these common mistakes.
Investing in gold? 4 things to know first
Thinking about investing in gold? It can be more complex than meets the eye. Here are four things you should know first.
Retirement
More
How your ex could boost your Social Security benefits
Divorced people can often collect benefits under the federal retirement program based on their ex-spouse's work history.
Difficult economy and loneliness forces some retirees to move in with family
An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.
One way to fix Social Security? "Smash the cap"
Eliminating or lifting the tax cap would help stabilize Social Security, while also being fairer to most Americans, experts say.
Millions of Americans nearing retirement age with no savings
According to U.S. Census Bureau data, 50% of women and 47% of men between the ages of 55 and 66 have no retirement savings.
The importance of preparing emotionally for retirement
Retirement is a seismic life change that can impact mental health, with one study suggesting it increases the likelihood of depression.
Money Tech
Scammers are using AI voice cloning tools to dupe victims
One expert said he doesn't even answer unknown callers anymore and uses a code word with family members.
As senators threaten a ban, what will happen to TikTok?
The future of the popular mobile app, used by 150 million Americans, has never been more uncertain. Here's what to know.
Twitter's press email is automatically "pooping" on the media
Under Elon Musk, who has accused journalists of bias, Twitter no longer makes an effort to answer journalists' questions.
Lawsuits against Twitter allege millions in unpaid expenses
Landlords, vendors and others have filed cases against the social media giant, where CEO Musk is trying to cut expenses.
Yahoo plans to cut 20% of its workers as tech layoffs pile up
Tech companies have cut more than 60,000 jobs in the past month alone, reversing a hiring spree during the pandemic.
Here's how people in 3 different industries use ChatGPT for work
ChatGPT has already become an integral part of how many workers do their jobs in real estate, finance and more.
Here are the latest tech layoffs as the industry shudders
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
Microsoft unveils search engine with ChatGPT-like functions
Tech giant is building artificial intelligence directly into Bing, CEO Satya Nadella tells "CBS Mornings."
Alphabet rolls out chatbot "Bard," its answer to ChatGPT
AI tool can help users decide which instrument to learn or explain complex topics, according to CEO Sundar Pichai.
Latest News
Two school administrators shot by student at Denver high school
One victim was in critical condition and one was in serious but stable condition, police said. The student fled after the shooting.
Federal Reserve hikes its key interest rate a quarter point
The U.S. central bank is stepping up its efforts to curb inflation despite concerns about banking industry risks.
New York Trump grand jury not meeting Wednesday, sources say
Grand jury has been probing any involvement by Trump in "hush money" paid by Michael Cohen to adult film star Stormy Daniels before the 2016 presidential election.
China's leader brings Putin support, but no public promise of weapons
Xi Jinping's visit to Moscow was a big boost for Putin as he faces an arrest warrant for alleged war crimes, but what he probably really wants are rockets and ammunition.
Dick Van Dyke got in car crash in Malibu
The 97-year-old actor was driving when he got in a minor, single-car crash.
Stephen Smith's death is being investigated as a homicide, officials confirm
The teenager's body was found on a rural road near the Murdaugh family's South Carolina estate in 2015.
20 years after the U.S.-led invasion, what has changed in Iraq?
U.S. troops left in 2011 but returned as the country was gripped by sectarian bloodshed and the rise of ISIS, and Iraqis struggle to believe the nightmare is over.
Drummer and son feared dead after Arkansas kayak trip
Morris and his son, Charley, were reported missing last Thursday while kayaking on Beaver Lake in northwestern Arkansas.
25 injured as ship tips over in "terrifying" incident at Scotland dock
A local politician said the 250-foot research vessel outfitted by Microsoft's co-founder was "dislodged from its holding in strong winds."
U.S.
More U.S.
Could Trump still become president if he's charged with or convicted of a crime?
While charges against a former president would be unprecedented, there is nothing in the Constitution that prevents someone who has been charged or convicted from serving.
Rafters fight off mountain lion attack with their paddles in Arizona
On March 16, a mountain lion approached a rafting group in a remote area of the White Mountain Apache Reservation and attacked a 64-year-old New Mexico man, officials said.
Scientists use Beethoven's hair to study his DNA and health
Beethoven wanted his hearing loss to be explained to the public after his death. Nearly two centuries later, researches were able to uncover secrets about his health – and family tree.
Lori Vallow and Chad Daybell case: A timeline of events
Charged with the murders of Vallow's kids — JJ Vallow, 7, and Tylee Ryan, 16 — the married couple also faces other charges related to the mysterious deaths of their former spouses.
Dick Van Dyke got in car crash in Malibu
The 97-year-old actor was driving when he got in a minor, single-car crash.
MoneyWatch
More MoneyWatch
Drug shortages are surging, ranging from IV saline to antibiotics
Almost 300 drugs had an active shortage in 2022, a Congressional report finds. The issue poses a national security risk.
Federal Reserve hikes its key interest rate a quarter point
The U.S. central bank is stepping up its efforts to curb inflation despite concerns about banking industry risks.
You'll have to spend a lot more this year to take a vacation
"It seems incredible that the demand could be sustained, but we're not seeing any weakness right now," one economist said.
DirecTV says Newsmax to return, months after "censorship" claims
The satellite-TV provider had said the dispute was over money, while conservative TV network Newsmax had alleged bias.
GameStop notches first profit in 2 years, as shares surge
The "meme stock" surprised investors by recording a jump in quarterly earnings, but long-term challenges remain.
Politics
More Politics
Could Trump still become president if he's charged with or convicted of a crime?
While charges against a former president would be unprecedented, there is nothing in the Constitution that prevents someone who has been charged or convicted from serving.
New York Trump grand jury not meeting Wednesday, sources say
Grand jury has been probing any involvement by Trump in "hush money" paid by Michael Cohen to adult film star Stormy Daniels before the 2016 presidential election.
McConnell eager to return to Senate as he recovers from fall, senators say
McConnell was discharged from the hospital last week and is continuing his recovery at an inpatient rehabilitation facility.
TikTok CEO to highlight efforts to protect user data in testimony to Congress
CEO Shou Zi Chew plans to tell a House panel that TikTok's parent company "is not an agent of China or any other country."
Who is Alvin Bragg? Manhattan D.A. weighing charges against Trump
Manhattan District Attorney Alvin Bragg has faced off with former President Donald Trump and his companies before.
Health
More Health
Drug shortages are surging, ranging from IV saline to antibiotics
Almost 300 drugs had an active shortage in 2022, a Congressional report finds. The issue poses a national security risk.
"Facing Fertility" Part 3: Menopause
For the third and final installment of our "Facing Fertility" series, we focus on menopause, the end of fertility for women. Now more than ever before, women are coming forward to talk about it. Nikki Battiste reports.
Florida bill would ban elementary schools from teaching about menstruation
Girls in the U.S. typically get their first period between ages 11 and 14, but can get them as early as age 9, according to the Cleveland Clinic.
The reality of freezing eggs to preserve fertility
As more Americans are freezing their eggs, Nikki Battiste takes a closer look at the process for the series "Facing Fertility."
Death toll climbs in outbreak linked to recalled eye drops
The CDC says three people have died, eight have lost their vision and four had an eyeball removed.
World
More World
20 years after the U.S.-led invasion, what has changed in Iraq?
U.S. troops left in 2011 but returned as the country was gripped by sectarian bloodshed and the rise of ISIS, and Iraqis struggle to believe the nightmare is over.
Protest chaos as economic crisis leaves Lebanese "struggling to survive"
"If our demands are not met, we will go back to the streets and escalate," one retired military general and protest leader told CBS News.
Reptile catcher finds long, venomous snake "lying in bed looking at me"
Zachary Richards' pictures of the large Eastern Brown snake – one of the most venomous in the world – reclining in a client's bed touched a nerve online.
25 injured as ship tips over in "terrifying" incident at Scotland dock
A local politician said the 250-foot research vessel outfitted by Microsoft's co-founder was "dislodged from its holding in strong winds."
TikTok CEO to highlight efforts to protect user data in testimony to Congress
CEO Shou Zi Chew plans to tell a House panel that TikTok's parent company "is not an agent of China or any other country."
Entertainment
More Entertainment
"Winnie the Pooh" slasher film pulled from Hong Kong cinemas
The film being pulled has prompted concern on social media over the territory's shrinking freedoms.
Melanie Lynskey on her leading role
Melanie Lynskey sat down with "CBS Mornings" to talk about her career and her upcoming leading role in "Yellowjackets" Season 2. Christina Ruffini reports.
Scott Adkins on "John Wick: Chapter 4"
Martial artist and actor Scott Adkins joins "CBS Mornings" to discuss his role in the new film "John Wick: Chapter 4." Adkins plays Killa. He discusses wearing a fat suit for the role, a special gift he received from Keanu Reeves, and his extensive martial arts background.
Rapper Tekashi 6ix9ine reportedly injured in beating in Florida LA Fitness
The rapper, is said to have been hospitalized. He suffered facial cuts, his attorney, Lance Lazzaro, told TMZ.
Biden awards National Medal of Arts
President Biden on Tuesday awarded several artists the National Medal of Arts. Recipients included Bruce Springsteen, Mindy Kaling and Julia Louis-Dreyfus
Technology
More Technology
Scammers are using AI voice cloning tools to dupe victims
One expert said he doesn't even answer unknown callers anymore and uses a code word with family members.
Google blocks Chinese retailer from Play store after malware found
Suspension of Pinduoduo comes amid U.S. concerns that Chinese-owned apps like TikTok pose national security threat.
Smart home security tips for personal and cyber protection
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
As senators threaten a ban, what will happen to TikTok?
The future of the popular mobile app, used by 150 million Americans, has never been more uncertain. Here's what to know.
Twitter's press email is automatically "pooping" on the media
Under Elon Musk, who has accused journalists of bias, Twitter no longer makes an effort to answer journalists' questions.
Science
More Science
Scientists use Beethoven's hair to study his DNA and health
Beethoven wanted his hearing loss to be explained to the public after his death. Nearly two centuries later, researches were able to uncover secrets about his health – and family tree.
U.N. warns we must act on climate change
The world must take action to "defuse the climate time bomb," the United Nations secretary-general said as the U.N. released its latest report. "Prime Time" host John Dickerson discusses the warning with Mark Hertsgaard, co-founder and executive director of Covering Climate Now.
Time to "defuse the climate time bomb" running out fast, U.N. warns
"Humanity is on thin ice, and that ice is melting fast," the U.N. chief said, calling a new report on the rate of climate change "a survival guide for humanity."
New genetic analysis finds clues to animal origin of COVID outbreak
Analysis presented to the WHO offers clues to whether animals, possibly raccoon dogs, were infected at the Huanan animal market in early 2020.
Rocket Lab launches imaging radar satellites for Capella Space
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
Crime
More Crime
Lori Vallow and Chad Daybell case: A timeline of events
Charged with the murders of Vallow's kids — JJ Vallow, 7, and Tylee Ryan, 16 — the married couple also faces other charges related to the mysterious deaths of their former spouses.
Husband loading pistol fatally shoots wife in head in New York
The wife was in another room when the bullet went through a wall and killed her, the Saratoga Sheriff's Office said.
Two school administrators shot by student at Denver high school
One victim was in critical condition and one was in serious but stable condition, police said. The student fled after the shooting.
Two inmates caught at IHOP after allegedly using toothbrush to escape from Virginia jail
The inmates exploited a construction design weakness in the jail and created a tunnel to escape, authorities said.
"Girl with the scorpion tattoo" ID'd 32 years after murder; officials now seek her daughter
"Christine's killer remains unidentified and the whereabouts of Christa Nicole are unknown," the Staten Island district attorney said.
Space
More Space
Large asteroid to fly between Earth and the moon on Saturday
The space rock's anticipated trajectory places it at about half the distance to the moon, so people with telescopes may be able to see it from Earth.
Five planets will align across the night sky near the end of March
Jupiter, Mercury, Venus, Uranus and Mars will align right before the end of the month.
Mystery solved after strange streaks of light seen in California sky
The flaming bits of wreckage created a "spectacular light show" and were going thousands of miles per hour, an astronomer said.
Scientists discover volcanic activity on Venus
NASA's Magellan spacecraft collected images of the planet's surface between 1990 and 1992, and researchers recently searched that data to study the possible activity of the volcanoes in the terrain.
Rocket Lab launches imaging radar satellites for Capella Space
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
Latest Galleries
More Latest Galleries
Rare photos from the 1976 Chowchilla bus kidnapping
A look inside the truck trailer where 26 abducted school children and their bus driver were buried alive -- and later escaped.
World News Roundup's 85th anniversary
America's longest-running news broadcast program celebrates three-quarters of a century on the air
Young witness found herself at the scene of a crime
What Angelina Fernandes saw the night her mother was accused of murder.
The crime scene evidence that convicted Alex Murdaugh
Inside South Carolina's "trial of the century" — how investigators built their case
Michelle Renee case evidence: Kidnapped and threatened with dynamite
A look into the evidence from the 2000 hostage situation and bank robbery that changed a mother and daughter's lives.
Latest Videos
More Latest Videos
Latest Videos
White House economy official on bank failures
Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and stubbornly high inflation.
Taylor Swift takes a nose dive
Taylor Swift took an apparent nose dive into the stage in the middle of a concert, leaving fans stunned. "When I saw Taylor do the dive I was wondering the whole time if she face-planted because look at it," said one fan, who captured the stunt on camera on the second night of Swift's Eras tour in Arizona.
China and Russia vow to reshape world
Chinese President Xi Jinping and Russian President Vladimir Putin wrapped their three-day summit by pledging to shape a new world order. CBS News anchors Lana Zak and Errol Barnett spoke with former U.S. Ambassador to China and former Montana Senator Max Baucus about what the two nations gain from their highly publicized meetings.
Storm hits California with more floods
Another atmospheric river hit California on Tuesday -- the 12th such storm since late December. CBS News correspondent Janet Shamlian joined us from Los Angeles to discuss the damage and how residents are coping with the deadly storms.
Fed set to make pivotal decision on rates
The Federal Reserve is widely expected to raise interest rates for ninth time in roughly the span of a year today. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to discuss what analysts are anticipating and the significance of the central bank's forthcoming decision.