IMF head says U.S. economy will slow, but could avoid recession
International Monetary Fund managing director Kristalina Georgieva spoke with Lesley Stahl on 60 Minutes.
Economy
IMF head Kristalina Georgieva on the 2023 global economy
IMF's Georgieva: The U.S. economy will likely slow down this year, but narrowly avoid a recession.
Views of U.S. economy improve but remain low; debt ceiling uncertainty looms
Americans want compromise. The prospect of default impacts views.
Jill Schlesinger on new jobs report
On Friday, the Labor Department released the January employment report. A whopping 517,000 jobs were created and the unemployment rate edged down to 3.4%, the lowest level since May 1969. CBS News business analyst Jill Schlesinger joins us to discuss the report and what it means about the economy.
U.S. hiring surged in January
President Biden is highlighting January's job report after it soared past economists' predictions. Jeanna Smialek, a financial reporter at The New York Times, joins CBS News to discuss what the numbers mean for the state of the U.S. economy and future Fed moves.
U.S. job growth surges unexpectedly
More than half a million jobs were created in January, nearly triple the expectations. Jobs in hospitality and leisure saw the biggest bump in last month's jobs report. But inflation is still stubbornly high. Carter Evans takes a look.
This week on "Face the Nation with Margaret Brennan," Feb. 5, 2022
Sen. Cory Booker, Sen. Ted Cruz, Gary Cohn and more will appear on "Face the Nation with Margaret Brennan" this Sunday.
Investors react to strong January jobs report
The January jobs report showed unemployment at its lowest since 1969, but investors fear the hot economy will bring further interest rate hikes from the Federal Reserve. Lori Bettinger, president of Bancalliance, joined CBS News to discuss why the prospect of a soft landing is looking more likely.
U.S. job growth soars to start 2023
U.S. job growth soared in the first month of 2023. 517,000 new jobs were added to the labor market in January while the unemployment rate fell to 3.4%. Daniel Zhao is the lead economist at Glassdoor. He joins CBS News to discuss what it all means for the U.S. economy.
January jobs report surpasses expectations
The January jobs numbers crushed expert expectations, with more 517,000 new jobs being reported last month. In addition, the unemployment rate fell to its lowest level in more than 50 years. CBS News business analyst Jill Schlesinger has more.
Stocks slip after huge January jobs number
Blistering job growth last month and weaker growth by large tech players are dragging markets lower.
Challenges of disconnecting after work
Does your boss keep calling or emailing during your time off? Leaders in some countries are trying to put a stop to that. Pete Havel, president of Fireproofed Leadership and author of "The Arsonist in the Office," joins CBS News to talk about why the U.S. takes a different approach.
U.S. sees significant job growth in January
U.S. hiring surged well beyond analysts' expectations last month, and the unemployment rate fell to its lowest level since 1969. Javier David, CBS News contributor and managing editor of business and markets for Axios, joins Anne-Marie Green and Janet Shamlian to break down the January jobs report.
Bank of England raises rates, IMF projections
CBS News foreign correspondent Ramy Inocencio joins us with a roundup of the top international MoneyWatch headlines of the week, including an interest rate hike in the U.K., the IMF's upgraded global growth projections, and record profits for oil and gas companies.
Wall Street jumps as technology stocks bounce back
Tech stocks and a surge for Facebook's parent company led the market higher as investors look past interest rate hikes.
Rising cost of child care raises concerns
Experts are sounding the alarm on the rise in child care costs as government subsidies are set to expire. CBS News reporter Sarah Ewall-Wice joins "CBS News Mornings" with the latest.
Bank of England raises interest rates
In an effort to curb inflation, the Bank of England has raised interest rates by half a percentage point. Professor at Miami Herbert Business School John Quelch joins "CBS News Mornings" to explain how that compares to the rate hikes in the U.S. and what it signals about the state of the British economy.
Biden, McCarthy meet to discuss debt ceiling
President Biden and House Speaker Kevin McCarthy met Wednesday to discuss the debt ceiling and open the door for budget cut negotiations. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joins CBS News' John Dickerson to discuss what it would take to balance the budget and what that would do to the economy.
Fed hikes interest rates by a quarter-point
As it continues efforts to combat inflation, the Federal Reserve on Wednesday increased interest rates by a quarter-point. In a statement, the Fed said that further hikes are likely.
Fed expected to raise interest rates again
The Federal Reserve is expected to announce another interest rate hike today, but the increase is expected to be lower than previous hikes that began in March 2022. Fed Chairman Jerome Powell will address the media this afternoon. CBS News reporter Sarah Ewall-Wice joins us to discuss the significance.
Many high-earners living paycheck to paycheck
A new study shows 51% of people with six-digit salaries are living paycheck to paycheck. Megan Leonhardt, a senior reporter for Fortune magazine, joins "CBS News Mornings" to explain some of the reasons and what it means for banks and borrowers.
2/1: CBS News Mornings
Tyre Nichols' funeral being held in Memphis; more Americans living paycheck to paycheck.
Projections show EU growth will slow in 2023
The European Union is expecting a growth rate of 0.2% this year, down from last year's 3.3% growth. Founder of Threadneedle Strategies Ann Berry joins "CBS News Mornings" to break down the factors behind this slowdown and how it could impact Americans.
1/31: CBS News Mornings
Latest fallout from Tyre Nichols' death; European Union's economic growth outlook.
Global Battery Innovator that Leads Electrification for a Sustainable Future
LG Energy Solution leads electrification and digitization of humanity, with its cutting-edge battery technologies and devotion to green battery economy.
Latest News
Grammys 2023: List of winners and nominees
The Grammys air live from Los Angeles Sunday at 8 p.m. ET on CBS, and stream live and on-demand on Paramount+. Beyoncé leads the pack with nine nominations.
Viola Davis achieves EGOT status with Grammy win for audiobook
Davis has previously won an Oscar for best supporting actress for "Fences," an Emmy for her role as Annalise Keating in "How to Get Away with Murder" and two Tony awards.
Mark Pomerantz and the "People vs. Donald Trump"
Bill Whitaker speaks with the former Manhattan prosecutor who was investigating the former president's business dealings.
IMF head says U.S. economy will slow, but could avoid recession
International Monetary Fund managing director Kristalina Georgieva spoke with Lesley Stahl on 60 Minutes.
Suspected Chinese spy balloon shot down off South Carolina coast
Secretary of Defense Lloyd Austin said President Biden authorized the operation to shoot down the balloon.
Cruz: Biden "telegraphed weakness" with response to Chinese spy balloon
U.S. fighter jets shot down a suspected Chinese reconnaissance balloon on Saturday, days after it was initially spotted over Montana.
CBS News poll: Views of economy improve but remain low; debt ceiling uncertainty looms
Americans want compromise. The prospect of default impacts views.
Evacuation order remains in effect at the scene of 50-car train derailment
A smoldering fire has persisted in a tangle of dozens of freight cars, some carrying hazardous materials, that derailed in Ohio near the Pennsylvania state line.
Smokey Robinson: Unstoppable
The Motown legend, front man of The Miracles, and the Recording Academy's MusiCares Person of the Year has written or co-written upwards of 4,000 songs, most of them about one thing: love.
U.S.
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Powerball jackpot rises to estimated $747 million
The jackpot would be the ninth-largest in U.S. lottery history.
Viola Davis achieves EGOT status with Grammy win for audiobook
Davis has previously won an Oscar for best supporting actress for "Fences," an Emmy for her role as Annalise Keating in "How to Get Away with Murder" and two Tony awards.
Evacuation order remains in effect at the scene of 50-car train derailment
A smoldering fire has persisted in a tangle of dozens of freight cars, some carrying hazardous materials, that derailed in Ohio near the Pennsylvania state line.
Grammys 2023: List of winners and nominees
The Grammys are airing live from Los Angeles on CBS and streaming live and on-demand on Paramount+.
Charles Kimbrough, "Murphy Brown" star, dies at 86
Kimbrough played newsman Jim Dial across the 10 seasons of CBS hit sitcom "Murphy Brown" between 1988 and 1998.
MoneyWatch
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Views of U.S. economy improve but remain low; debt ceiling uncertainty looms
Americans want compromise. The prospect of default impacts views.
Taylor Swift fans, and Congress, take on Ticketmaster
Disappointed Swifties have filed a lawsuit against the ticket seller and its parent company, Live Nation Entertainment, who control 70% of the market, while Congress and the Justice Dept. are looking into their business.
Jury clears Elon Musk of wrongdoing related to Tesla tweets
Jurors found the Tesla CEO didn't mislead investors in claiming he had lined up funding to take the car company public.
After-hours work emails are facing more legal restrictions
Tired of after-work emails and calls? Lawmakers across the globe are pushing back on the blurring of work and home life.
Some employers are still adding jobs. Here's who is hiring.
Unemployment rate is lowest since 1969, as some employers continue to hire new workers — especially in key industries.
Politics
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Full transcript of "Face the Nation" on Feb. 5, 2023
On this "Face the Nation" broadcast, Sens. Ted Cruz and Cory Booker join Margaret Brennan.
Transcript: Gary Cohn on "Face the Nation"
The following is a transcript of an interview with Gary Cohn that aired Sunday, Feb. 5, 2023, on "Face the Nation."
Cruz: Biden "telegraphed weakness" with response to Chinese spy balloon
U.S. fighter jets shot down a suspected Chinese reconnaissance balloon on Saturday, days after it was initially spotted over Montana.
Transcript: Sen. Ted Cruz on "Face the Nation"
The following is a transcript of an interview with Republican Sen. Ted Cruz of Texas that aired Sunday, Feb. 5, 2023, on "Face the Nation."
Transcript: 4 new members of Congress on "Face the Nation"
The following is a transcript of an interview with Reps. Robert Garcia, Mike Lawler, Summer Lee and Zach Nunn that aired Sunday, Feb. 5, 2023, on "Face the Nation."
Health
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Gas stoves: Igniting a new range war
Why are some media and political figures claiming that people are coming for your gas stove? And are there health risks from cooking with natural gas?
Gas stoves: Igniting a new range war
Why are some media and political figures claiming that people are coming for your gas stove? And are there health risks from cooking with natural gas? Correspondent Luke Burbank looks at why gas stoves are being targeted.
EzriCare recalls tear drops after reports of vision loss, death
Federal regulators have linked the drops to over 50 reports of eye infection and one death.
How to help someone in cardiac arrest
CBS News chief medical correspondent Dr. Jon LaPook and critical care specialist at NYU Langone Dr. Deepak Pradhan join "CBS Mornings" to demonstrate life-saving techniques when a person goes into cardiac arrest.
FDA faults company behind recalled eye drops for multiple violations
Global Pharma's eye drops have been linked to a U.S. outbreak which has led to at least five people losing their vision.
World
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Pope Francis says laws that criminalize homosexuality are a "sin" and an "injustice"
"The criminalization of homosexuality is a problem that cannot be ignored," the Pope said on Sunday.
Iran acknowledges "tens of thousands" still detained for protests
Iran's supreme leader reportedly has ordered an amnesty or reduction in prison sentences for "tens of thousands" of people detained amid the nationwide protests shaking the country.
Gen. Pervez Musharraf, former Pakistani leader, dies at 79
After seizing power in a coup, Musharraf quickly became a vital ally to the United States as it hunted down al Qaeda's leaders after the 9/11 attacks.
22 dead in Chile, as firefighters battle dozens of wildfires
Chile's government extended an emergency declaration to another region as wildfires continue to rage.
Suspected Chinese spy balloon shot down off South Carolina coast
Secretary of Defense Lloyd Austin said President Biden authorized the operation to shoot down the balloon.
Entertainment
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Viola Davis achieves EGOT status with Grammy win for audiobook
Davis has previously won an Oscar for best supporting actress for "Fences," an Emmy for her role as Annalise Keating in "How to Get Away with Murder" and two Tony awards.
65th GRAMMY Awards - Red Carpet
The Grammys will be broadcast live from Los Angeles, starting at 8 p.m. ET Sunday, on CBS television stations and will stream live and on-demand on Paramount+.
Grammys 2023: List of winners and nominees
The Grammys are airing live from Los Angeles on CBS and streaming live and on-demand on Paramount+.
Charles Kimbrough, "Murphy Brown" star, dies at 86
Kimbrough played newsman Jim Dial across the 10 seasons of CBS hit sitcom "Murphy Brown" between 1988 and 1998.
2023 Grammys: How to watch Beyoncé vs. Adele, Bad Bunny and more
Beyoncé and Adele will once again contend for top honors, while Lizzo and Harry Styles return and Bad Bunny makes history.
Technology
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Technology
Report: China can spy on people using microchips
A new OODA report warns that Chinese-manufactured microchips embedded in smart devices such as fridges and laptops, pose a threat to U.K. national security. The author of the report, Charles Parton, joined CBS News to discuss how such microchips could also impact U.S. national security.
How will Netflix stop you from sharing your password?
Streaming company said a crackdown is coming by March, but a similar effort in other countries yielded mixed results.
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.
A first-generation iPhone is expected to go for $50,000 at auction
The 2007 phone, which is still sealed and in its box, was likely bought for $499 to $599.
ChatGPT launches new detection tool
The maker of ChatGPT has released a new tool that can help teachers detect if text was produced by a student or artificial intelligence. Kyle Wiggers, a senior reporter at TechCrunch, joined CBS News to discuss the new tool.
Science
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Scientists hope lab-grown coral can save endangered Florida Keys reef
An outbreak of stony coral tissue loss disease threatens to destroy 20 of the 45 species in the world's third-largest coral reef.
Scientists work to save Florida's coral reef
The world's third-largest coral reef just off the Florida Keys was once a vibrant habitat for millions of plants and animals. But an outbreak of stony coral tissue loss disease is threatening to destroy it. Scientists are trying to regrow the coral in a lab hundreds of miles away to save it. Manuel Bojorquez takes a look.
Scientists in China are cloning "super cows"
The cloned animals are capable of producing 18 tons of milk a year, or 50% more than a typical American cow.
Investors eye water rights amid drought
As the Western megadrought continues, investors have been buying up land to secure the water rights that go along with them. Ben Tracy takes a look.
New York investors eye increasingly scarce water in the West
Investment firms are showing a growing interest in an increasingly scarce natural resource in the American West. For some, that's concerning.
Crime
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Off-duty NYPD officer shot, wounded while trying to buy car in Brooklyn
The shooting occurred after the off-duty officer arrived at a prearranged meeting spot to look at a vehicle, authorities said.
Man arrested for leaving dead fish at "Goonies" house after Coast Guard rescue
Jericho Labonte, 35, also stole the boat that he piloted into the choppy waters of the Columbia River, police said.
Police arrest man in case of missing zoo monkeys
Dallas police said Friday they have arrested a man in connection with two monkeys who went missing last week from the Dallas Zoo. The suspect is also charged in connection with the temporary disappearance of a leopard last month. The monkeys were found unharmed in an abandoned house.
Fentanyl seizures rise at U.S.-Mexico border — here's why
GOP lawmakers have incorrectly blamed the spike in fentanyl overdoses on migrants, whom they blame for bringing the drugs across the border.
Arrests made in "cartel-style execution" that killed 6 people, including a baby
One of the suspects was arrested after a gunbattle, a sheriff said.
Space
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Space
Spacewalk underway, and more space news
Astronauts are conducting a spacewalk outside the International Space Station. And NASA is marking 20 years since the space shuttle Columbia disaster. CBS News space consultant Bill Harwood joined Anne-Marie Green and Janet Shamlian with more on those stories, plus details on the "green comet" passing by Earth.
20 years after Columbia disaster, NASA remembers crew and lessons learned
Columbia's destruction and the loss of its crew triggered a sharp change of course for America's space program.
Mars craters and cracks create image of a teddy bear
The surprise bear face spans more than 1 mile across.
Lauren Sanchez plans all-women space flight aboard Bezos' Blue Origin rocket
"He'll be cheering us all on from the sidelines," Sanchez said of Amazon and Blue Origin founder Jeff Bezos, who is also her boyfriend.
Rocket Lab launches first flight from Virginia's Eastern Shore
After 32 launches from Rocket Lab's New Zealand facility, the company is now set for regular flights from Virginia's Eastern Shore.
Latest Galleries
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65th GRAMMY Awards - Red Carpet
The Grammys will be broadcast live from Los Angeles, starting at 8 p.m. ET Sunday, on CBS television stations and will stream live and on-demand on Paramount+.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Matthew Trussler murder: Inside the case
Matthew Trussler was found dead at the home he shared with his fiancée Melissa Turner. See the evidence that led to authorities piecing together his death.
The Circleville letters: You've got hate mail
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Celebrities who filed for bankruptcy
They may have famous names and big careers, but these celebs also ran into financial trouble.
Latest Videos
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Latest Videos
An update on the Caldor Fire
In October, 60 Minutes investigated why a wildfire wiped out a California town. This month, members of California’s Congressional delegation will meet with the U.S. Forest Service to hear an explanation.
Red Hot Chili Peppers: The 60 Minutes Interview
The Red Hot Chili Peppers open up about their beginnings and the changes they’ve had to make to withstand four decades of performing.
Mark Pomerantz on investigating Donald Trump
Bill Whitaker speaks with the former Manhattan prosecutor who was investigating the former president’s business dealings.
Kristalina Georgieva: The 60 Minutes Interview
IMF’s Georgieva: the U.S. economy will likely slow down this year, but narrowly avoid a recession.
Lonnie Bunch III on "The Takeout"
Lonnie G. Bunch III, secretary of the Smithsonian Institution and founding director of the National Museum of African American History and Culture, joins Major Garrett for this week's episode of "The Takeout" to discuss why he believes the museum is "the greatest gift to the world."