5 key takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
MoneyWatch
Latest News
Buying or renting a home? Be alert to these common scams.
Here are five tips on how to avoid falling for housing scams, and being duped out of thousands of dollars.
Big tech companies engage in "vast surveillance" of users, FTC says
FTC Chair Lina Khan says tech giants such as Meta and Google "endanger people's privacy" and "expose them to a host of harms."
Trump Media stock hits new low — just as Trump, others are able to sell shares
Donald Trump has vowed not to sell his Trump Media shares after a lock-up period expires Thursday. The company's shares are down 81% from their peak.
The Fed cut rates for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
These major employers are making workers return to the office
Amazon isn't the first company to take a hardline approach to in-person work, but its new policy is one of the most rigid.
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.
Stocks surge a day after Federal Reserve's first rate cut since 2020
Investors buoyed by Fed's outsized rate cut and data showing the U.S. economy remains on solid ground.
Trump and Harris' views on inflation — their records and what they've said
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's views on combating high prices for Americans.
Managing Your Money
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Should you buy gold bars and coins as interest rates fall?
Is physical gold still worth investing in as interest rates fall? Here's what investors should consider now.
Why you should open a HELOC as the Fed cuts rates
Multiple cuts to the federal funds rate should spark home equity borrowers to turn to a HELOC. Here's why.
Here's how far mortgage rates have dropped already this year
The mortgage rate landscape is shifting rapidly. Here's how much mortgage rates have declined so far in 2024.
Money Tech
Tablet use linked to angry outbursts among todders, study finds
Staring at an iPad screen too much may keep little kids from learning to control their emotions, a new study finds.
Tesla sales drop as competition in electric vehicle market heats up
Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.
Virtual valentine: People are turning to AI in search of romance
The generative artificial intelligence boom has led to the emergence of romantic companion bots.
Apple halting Apple Watch Series 9 and Ultra 2 sales. Here's why.
Apple said it will stop selling the devices later this month in order to comply with a U.S. import ban.
Elon Musk restores X account of far-right conspiracy theorist Alex Jones
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.
Think twice before scanning a QR code — here's why
More than 90 million consumers will scan a QR code this year. But the technology can also facilitate identity theft.
Elon Musk says advertiser boycott at X could "kill the company"
The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."
OpenAI says Sam Altman returning as CEO days after board sacked him
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."
Elon Musk says X will donate ad, subscription revenue tied to Gaza war
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.
Trump rails against Jewish Americans who don't vote for him
Former President Trump said if he doesn't win in November, "the Jewish people would really have a lot to do with that if that happens."
Israel and Hezbollah exchange new fire after exploding pager attack
Concern over a possible full-scale Israel-Hezbollah war grows as the two sides trade new fire, Hezbollah's leader accuses Israel of crossing "red lines."
North Carolina governor's race rocked by CNN report on GOP candidate
North Carolina Lt. Gov. Mark Robinson posted a slew of incendiary, explicit and racist comments on a pornographic website more than a decade ago, according to CNN.
Sheriff charged in killing of judge inside Kentucky courthouse
A sheriff allegedly shot and killed a district judge inside the Letcher County Courthouse in Whitesburg, Kentucky, police said.
Harris, Oprah hold Michigan campaign event in talk show format
Held in front of a studio audience in the battleground state of Michigan, Vice President Kamala Harris and Oprah Winfrey fielded questions from voters on gun violence, abortion rights, and more.
DOJ probing sheriff's office in Mississippi "Goon Squad" case
Six former officers, who were members of a self-proclaimed "Goon Squad," were sentenced to decades in prison for torturing two Black men.
Ohtani first MLB player to hit 50 homers, steal 50 bases in a season
Shohei Ohtani becomes first player in major league history to hit 50 homers and steal 50 bases in a season.
Finding missing migrants in the deadly Arizona desert at the U.S.-Mexico border
A group of volunteers searches for missing migrants in the treacherous Arizona desert, where the death toll has risen to grim levels in recent years.
Human remains found inside SUV that officials say caused pipeline fire
With the fire substantially smaller, police could access the area around the pipeline and remove the SUV.
Retirement
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These are the best and worst places to retire in the U.S.
Given that many retirees live on fixed incomes, affordability is a key metric to take into account when considering where to live out one's golden years.
U.S. has more 401(k) millionaires than ever, report shows
The number of Americans who have amassed at least $1 million in retirement savings is at an all-time high, though most people fall short.
Only 1 in 5 workers nearing retirement is financially on track
A new study finds that the median retirement savings of people who are 55 is just $50,000, far from what experts recommend.
Gen Xers are nearing retirement. About half say they need a miracle.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
This small U.S. town is considered the best place to retire. Here's why.
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.
U.S.
More U.S.
Trump rails against Jewish Americans who don't vote for him
Former President Trump said if he doesn't win in November, "the Jewish people would really have a lot to do with that if that happens."
Harris, Oprah hold Michigan campaign event in talk show format
Held in front of a studio audience in the battleground state of Michigan, Vice President Kamala Harris and Oprah Winfrey fielded questions from voters on gun violence, abortion rights, and more.
Finding missing migrants in the deadly Arizona desert at the U.S.-Mexico border
A group of volunteers searches for missing migrants in the treacherous Arizona desert, where the death toll has risen to grim levels in recent years.
Bounty hunter couple key to finding body in Kentucky highway shooting
Fred and Shelia McCoy will receive a $25,000 reward for finding the suspected body of the Kentucky highway shooter, police said.
Ohtani first MLB player to hit 50 homers, steal 50 bases in a season
Shohei Ohtani becomes first player in major league history to hit 50 homers and steal 50 bases in a season.
MoneyWatch
More MoneyWatch
Trump Media stock hits new low — just as Trump, others are able to sell shares
Donald Trump has vowed not to sell his Trump Media shares after a lock-up period expires Thursday. The company's shares are down 81% from their peak.
These major employers are making workers return to the office
Amazon isn't the first company to take a hardline approach to in-person work, but its new policy is one of the most rigid.
Costco supplier recalls waffles sold at warehouse stores in 13 states
Kokiak Cakes recalls boxes of Power Waffles Buttermilk & Vanilla 40-count with use-by dates of Jan. 10, 2026.
Tyson misleads shoppers about carbon emissions, climate group says
Meat processor's marketing of industrial beef products as "climate-smart" misleads consumers, environmental group alleges.
Buying or renting a home? Be alert to these common scams.
Here are five tips on how to avoid falling for housing scams, and being duped out of thousands of dollars.
Politics
More Politics
Trump rails against Jewish Americans who don't vote for him
Former President Trump said if he doesn't win in November, "the Jewish people would really have a lot to do with that if that happens."
Harris, Oprah hold Michigan campaign event in talk show format
Held in front of a studio audience in the battleground state of Michigan, Vice President Kamala Harris and Oprah Winfrey fielded questions from voters on gun violence, abortion rights, and more.
Finding missing migrants in the deadly Arizona desert at the U.S.-Mexico border
A group of volunteers searches for missing migrants in the treacherous Arizona desert, where the death toll has risen to grim levels in recent years.
DOJ probing sheriff's office in Mississippi "Goon Squad" case
Six former officers, who were members of a self-proclaimed "Goon Squad," were sentenced to decades in prison for torturing two Black men.
North Carolina governor's race rocked by CNN report on GOP candidate
North Carolina Lt. Gov. Mark Robinson posted a slew of incendiary, explicit and racist comments on a pornographic website more than a decade ago, according to CNN.
HealthWatch
More HealthWatch
Whooping cough wave now worst in almost a decade amid back-to-school surge
Many of the pertussis infections have been reported in older children and adults.
Costco supplier recalls waffles sold at warehouse stores in 13 states
Kokiak Cakes recalls boxes of Power Waffles Buttermilk & Vanilla 40-count with use-by dates of Jan. 10, 2026.
Tyson misleads shoppers about carbon emissions, climate group says
Meat processor's marketing of industrial beef products as "climate-smart" misleads consumers, environmental group alleges.
Drugmakers to stop making controversial fentanyl lollipops, FDA says
Teva will stop selling the painkillers on September 30.
U.S. spends most, ranks last in health among wealthy nations, report says
Australia, the Netherlands and the United Kingdom were ranked the highest overall, according to the Commonwealth Fund report.
World
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Sword with markings of ancient pharaoh Ramses II unearthed in Egypt
Ramses the Great is credited with expanding Egypt's reach as far as modern Syria to the east and Sudan to the south.
Israel's long, largely unclaimed history of secret ops and assassinations
Recent attacks targeting Hezbollah members with exploding pagers and walkie-talkies in Lebanon may seem to be the stuff of spy novels, but the implications are very real.
Zelenskyy poised to meet with Biden, Harris and Trump next week
Ukrainian President Volodymyr Zelenskyy is set to be among just a small handful of global political leaders to meet with both Vice President Kamala Harris and former President Donald Trump next week.
Ancient coins found by Indiana Jones enthusiast sell for $176,000
George Ridgway found one of the largest caches of Roman and Iron Age coins in England.
Husband of Russia's richest woman arrested for murder after shootout
Billionaire Tatyana Bakalchuk released a tearful message, saying her husband led an armed raid into the Wildberries offices.
Entertainment
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Scarlett Johansson on using physicality to voice Elita-1 in "Transformers One"
Scarlett Johansson compares the physical demands of voicing Elita-1 in Transformers One to her decade-long work as Black Widow in "The Avengers."
YouTube star MrBeast sued by contestants over work environment, wages
MrBeast's production company, along with Amazon Studios, is facing a lawsuit involving contestants from the reality show "Beast Games."
United says Taylor Swift concerts drove 25% uptick in demand
United said demand for its flights surges wherever Taylor Swift jets off to for her next concert.
Scarlett Johansson talks voicing Elita-1
Oscar-nominated Scarlett Johansson joins "CBS Mornings" to discuss her role as Elita-1 in "Transformers One" and her career.
Pearl Jam's Eddie Vedder on writing songs while surfing
Preview: In a rare extensive interview to air on "CBS Sunday Morning" Sept. 22, Eddie Vedder and bass player Jeff Ament open up about the legendary band's founding.
Technology
More Technology
Technology
U.N. panel urges global cooperation on AI
A United Nations advisory panel took input from 37 experts and released seven recommendations for global artificial intelligence usage. Ian Bremmer, who served on the advisory body in charge of the report, joins CBS News to discuss the concerns, standards and the "AI divide."
Study finds social media grabs, shares data
A Federal Trade Commission study found social media platforms like Meta, YouTube and TikTok engage in "vast surveillance" of consumers and profit from the data by selling it to advertisers. New York Times reporter joins CBS News to discuss the findings.
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.
Craigslist founder Craig Newmark makes $100 million cybersecurity pledge
Craigslist founder says the U.S. is in the midst of a cyberwar and "the fight is on our own shores."
Unexpected dangers of electric vehicles
Guardrails on U.S. roads are typically tested against vehicles weighing up to 5,000 lbs. However, many electric vehicles weigh up to 30% more than that, raising safety concerns on whether guardrails would hold up in a collision.
Science
More Science
Earth will get a second moon for nearly 57 days this year
The asteroid was discovered in August and is set to become a mini-moon, spinning around Earth in a horseshoe shape for about two months.
When and how to see September's Harvest Moon
The September Harvest Moon will see a partial lunar eclipse, peaking the night of Tuesday, Sept. 17.
The Climate Election: Home insurance costs
The cost of insuring your home is going up, and some homes are "essentially uninsurable" due to rising climate change risks. In Nebraska, the most expensive state for premiums, the cost is nearly $3,400 above the national average to insure a home. And it's all happening as extreme weather events increase in frequency and intensity, jeopardizing people's homes and their ability to financially recover afterward.
Mysterious 9-day seismic event triggered by 650-foot tsunami
A tsunami stemming from a landslide was behind a surprising seismic event last year that shook the earth for nine days, researchers said.
Polaris Dawn crew conducts first all-civilian spacewalk
The spacewalkers tested new SpaceX-designed pressure suits that could eventually be used by civilian astronauts on the moon and Mars.
Crime
More Crime
Crime
Judge shot and killed at Kentucky courthouse
Kentucky Gov. Andy Beshear confirmed that a county district judge was shot and killed in his chambers Thursday in Letcher County. Authorities said a local sheriff was arrested at the scene. The identity of the judge was not immediately available.
Bounty hunter couple key to finding body in Kentucky highway shooting
Fred and Shelia McCoy will receive a $25,000 reward for finding the suspected body of the Kentucky highway shooter, police said.
Judge killed in Kentucky courthouse shooting
A judge was killed in a courthouse shooting in Whitesburg, Kentucky, on Thursday. Charlie De Mar has the latest.
Man charged with threatening Supreme Court justices
An Alaska man was federally indicted Thursday on allegations that he sent hundreds of messages threatening to kidnap and assassinate six Supreme Court justices.
Man charged over Supreme Court death threats
An Alaska man who allegedly threatened to assassinate six members of the Supreme Court has been arrested. He faces nine counts of making threats against a federal judge and additional charges.
Space
More Space
Earth will get a second moon for nearly 57 days this year
The asteroid was discovered in August and is set to become a mini-moon, spinning around Earth in a horseshoe shape for about two months.
NASA's "Hidden Figures" honored in Congressional Gold Medal ceremony
NASA's "Hidden Figures," whose work helped put men on the moon, were honored Wednesday in a Congressional Gold Medal ceremony.
When and how to see September's Harvest Moon
The September Harvest Moon will see a partial lunar eclipse, peaking the night of Tuesday, Sept. 17.
SpaceX crew completes historic mission
Four SpaceX astronauts safely splashed down in the Gulf of Mexico on Sunday. The Polaris Dawn crew completed the first-ever commercial spacewalk during their historic mission and tested a new type of spacesuit.
Polaris Dawn space mission splashes down
The groundbreaking commercial space mission known as Polaris Dawn successfully splashed down early Sunday morning. The historic five-day mission, flown by tech billionaire Jared Isaacman and three crew mates, included the first ever commercial spacewalk.
Latest Galleries
More Latest Galleries
Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Clues and evidence in the John McCabe case
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
GOP gubernatorial candidate accused of lewd posts
A CNN report alleges that Republican North Carolina gubernatorial candidate Mark Robinson made a series of antisemitic, racist and lewd comments on a pornographic website with an account matching pictures of him and his biographical information. Robinson denied the allegations Thursday. CBS News senior White House and political correspondent Ed O'Keefe has more.
U.N. panel urges global cooperation on AI
A United Nations advisory panel took input from 37 experts and released seven recommendations for global artificial intelligence usage. Ian Bremmer, who served on the advisory body in charge of the report, joins CBS News to discuss the concerns, standards and the "AI divide."
Thai woman spends two hours in python's grip
Warning: Images may be disturbing to some viewers. A 13-to-16-foot-long python wrapped itself around a 64-year-old woman in Bangkok, Thailand, Tuesday night until a neighbor walked by. The woman was treated for several bites but did not suffer any serious wounds.
Study finds social media grabs, shares data
A Federal Trade Commission study found social media platforms like Meta, YouTube and TikTok engage in "vast surveillance" of consumers and profit from the data by selling it to advertisers. New York Times reporter joins CBS News to discuss the findings.
Human remains found in car that hit pipeline
Residents in suburban Houston returned to their homes Thursday after evacuating from an ongoing natural gas pipeline fire. Officials say the case turned into a criminal investigation as they work to identify the remains found in the SUV that struck the pipeline. CBS News correspondent Janet Shamlian reports.