7/8: Red and Blue
Biden announces August 31 deadline for withdrawing troops from Afghanistan; U.S. jobless claims increase over last week
Watch CBS News
Biden announces August 31 deadline for withdrawing troops from Afghanistan; U.S. jobless claims increase over last week
President Biden pushes his economic agenda; Federal judge won't delay hearing against Trump
Inflation remains over 8%, and now there are growing concerns about the housing market. A recent analysis found that more than half of the country's largest regional markets are "significantly overvalued." Mark Strassmann has more.
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, "there is some ability for the economy to absorb our actions and slow in a relatively orderly way."
CBS News senior national correspondent Mark Strassmann reports from Atlanta on the uncertainty surrounding the economy as inflation continues, stocks fall and higher interest rates fuel a housing pullback.
The following is a transcript of an interview with Atlanta Fed's Raphael Bostic that aired Sunday, Sept. 25, 2022, on "Face the Nation."
As cars, food and electricity become more expensive, Americans are feeling the pressure of rising inflation. The DOW dropped 486 points, its lowest since late 2020, on Friday. Michael George has the details.
President Biden to give first address to Congress; Examining Biden's political evolution
The Dow Jones Industrial Average, S&P 500 and NASDAQ each lost more than 1.5% on Friday, with the Dow closing at its lowest level since late 2020. CBS News correspondent Michael George has more on the troubling economic trends.
Fewer homes are going on the market as homeowners hesitate to give up low, locked-in mortgage rates. Errol Barnett and Elaine Quijano discussed with Odeta Kushi.
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
The Dow Jones Industrial Average dropped below 30,000 Friday for the first time since 2020. Javier David, managing editor of business and markets at Axios, joined CBS News to discuss the volatile market.
Biden addressing nation after passing COVID relief bill; Matthew McConaughey mulling run for Texas governor
Biden postpones trip after East Coast winter storm; Dolly Parton humbly rejects statue proposal
Biden admin. touring to promote COVID relief plan; Senate confirms Deb Haaland as Interior secretary
Second Trump impeachment trial begins Tuesday; "Hero pay" for store workers prompts closures.
President Biden pushes ahead with COVID economic relief plan; Obama presidential library to begin construction
Senators swear in for Trump's impeachment trial; Working to put Harriet Tubman on the $20 bill
Britain's new government announced sweeping tax cuts it said would be funded by borrowing.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
The U.S. housing market slowed in August for the seventh consecutive month this year. CBS News speaks with George Ratiu, the manager of economic research at realtor.com, about what's driving the downturn in home sales.
The Federal Reserve raised interest rates again by three-quarters of a percentage point. Lori Bettinger, the president of BancAlliance and former director of the U.S. Treasury Department's troubled asset relief program, explains what the latest increases mean for consumers.
Discover this week's exclusive deals below, and visit CBS Deals.com or text CBS 65000
Walmart and Target plan to begin offering deals earlier this year to ease sting of soaring inflation on shoppers.
Stocks fell sharply Wednesday when the Federal Reserve announced it was raising interest rates again another 75 basis points. Liz Young, head of investment strategy at SoFi, joined CBS News to discuss what the Fed's announcement means for the future of the U.S. economy.
The Trump administration says Iran's autocratic regime is down but not out, and it won't say how long the deadly, costly conflict will go on.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
Former FBI Director James Comey has been subpoenaed by prosecutors in Miami as part of the Justice Department's investigation into Obama-era intelligence officials.
The body of missing University of Alabama student James Gracey, who disappeared on a trip to Barcelona, has been found, Spanish officials said Thursday.
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
Few Americans feel they know a lot of the specifics about the SAVE Act.
Two former FBI agents who helped investigate President Trump's efforts to overturn the 2020 presidential election results sued the federal government, alleging they were wrongfully terminated.
In an interview with "Face the Nation with Margaret Brennan," Rafael Grossi, director general of the International Atomic Energy Agency, said there had already been damage done to Iran's nuclear sites.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after a 2023 video surfaced.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
The vote by the U.S. Commission of Fine Arts, whose members are supporters of the president and were appointed by him earlier this year, was without objection.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Few Americans feel they know a lot of the specifics about the SAVE Act.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
The Justice Department says it has shuttered four websites that were allegedly used by Iranian government-linked groups to post hacked information and threaten regime critics.
The vote by the U.S. Commission of Fine Arts, whose members are supporters of the president and were appointed by him earlier this year, was without objection.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Few Americans feel they know a lot of the specifics about the SAVE Act.
Former FBI Director James Comey has been subpoenaed by prosecutors in Miami as part of the Justice Department's investigation into Obama-era intelligence officials.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Mette-Marit, who is married to Crown Prince Haakon, sat down with Norwegian broadcaster NRK for a 20-minute interview on Thursday.
The Trump administration says Iran's autocratic regime is down but not out, and it won't say how long the deadly, costly conflict will go on.
Asked why the U.S. didn't inform allies ahead of the Iran strikes, President Trump said, "Who knows better about surprise than Japan?"
Two sources confirmed to CBS News that Saleh Mohammadi, a young member of Iran's national wrestling team, was among the three men executed in Iran.
Excavations at the site of the 1802 Mentor shipwreck uncovered a marble fragment that may have ties to the Parthenon in Ancient Greece, officials say.
Unmade beds and overdue books. That's some of what CBS News correspondent Steve Hartman found in his Oscar-winning documentary "All the Empty Rooms," which looks at the bedrooms of children killed in school shootings. Hartman joins "The Takeout" to discuss the making of the film.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Grammy winner Alessia Cara is debuting a new album 10 years into her music career. Cara joined CBS News with details on her latest collaborations.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
Spoiler alert! The latest contestant eliminated from "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss his surprising elimination and if he has any regrets about how he played the game.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
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.
NVIDIA's GTC conference brought big crowds to Silicon Valley this week, with hundreds of companies showcasing products powered by NVIDIA's chips. Tim Werth, tech editor at Mashable, joins CBS News to discuss.
A tech entrepreneur in Australia, Paul Conyngham, said he used artificial intelligence to design a cancer vaccine for his dog Rosie. He joins CBS News with Páll Thordarson, director of the UNSW RNA Institute, who worked with Conyngham on the technology.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Unmade beds and overdue books. That's some of what CBS News correspondent Steve Hartman found in his Oscar-winning documentary "All the Empty Rooms," which looks at the bedrooms of children killed in school shootings. Hartman joins "The Takeout" to discuss the making of the film.
Temple Israel in West Bloomfield Township, Michigan, has shared new images of the damage from last week's attack at the synagogue. A photo has also emerged of the attacker holding an AR-style rifle. CBS News' Anna Schecter has the latest.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
Joseph Duggar, one of the stars of the reality show "19 Kids and Counting," has been arrested and is facing child sex abuse charges. He's accused of sexually abusing a 9-year-old girl six years ago in Florida. Tom Hanson reports.
More details are emerging about the allegations of abuse against the late Cesar Chavez. CBS News' Ed O'Keefe has more.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
It may be hard to imagine, but that sweet dog you love started out as a wild, predatory wolf. Their evolutionary story began at least 20,000 years ago, when humans were hunter-gatherers. In 2022, 60 Minutes reported on the origin of man's best friend.
The Artemis II rocket, which will send astronauts around the far side of the moon, is returning to the launch pad after an issue forced NASA to roll the rocket back for repairs last month. NASA hopes to launch the rocket in the beginning of April. Mark Strassmann has the latest.
The body of James Gracey, the University of Alabama student who went missing on a spring break trip to Spain, was found in the water along a Barcelona beach near where he was last seen. Police say his death appears to be accidental.
TSA says more than 10% of its officers called out nationwide on Wednesday, with callout rates as high as 38% in Atlanta and Houston. The staffing shortages forced some security checkpoints to close in Houston and Philadelphia. Skyler Henry reports.
Japan joined five European countries on Thursday saying they are ready "to contribute to appropriate efforts to ensure safe passage through" the Strait of Hormuz, but only after the fighting ends. It comes as the Pentagon seeks about $200 billion to fund the Iran war. Nancy Cordes reports.