Fed Chair Jerome Powell: America is going back to work
Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.
Economy
Fed Chair on federal budget
When asked if continued spending on infrastructure and COVID-19 relief could set off inflation, Jerome Powell said he doesn't "see that now" and the economy needs to fully recover before spending levels "return to a sustainable path."
Fed Chair on Archegos collapse
The Chairman of the Federal Reserve said the fallout from the collapse of Archegos Capital, its investments included ViacomCBS, was the result of a "risk management breakdown" and the Fed will take a closer look "to make sure it never happens again."
Fed Chair on U.S. digital dollar
Jerome Powell said a potential U.S. digital dollar is being evaluated by the Federal Reserve, and it would require careful consideration before being introduced. When asked if the rise of cryptocurrencies was a motivation, he said they are not "concerning at this point."
Fed discussed how bad it would get
With COVID-19 wreaking havoc on the U.S. economy a year ago, Jerome Powell and his advisors at the Fed considered the possibility of a Great Depression scenario.
Jerome Powell: Full 2021 60 Minutes interview transcript
The complete text of Scott Pelley's interview with the Federal Reserve chairman.
Fed Chair Jerome Powell on Archegos collapse
In a conversation with Scott Pelley about the economic outlook, Powell also commented on the fallout from the Archegos Capital collapse, last year's bailout of money market funds, and the potential development of a U.S. digital dollar.
Jerome Powell: The 2021 60 Minutes Interview
Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.
Pelosi says "the door is open" for bipartisan infrastructure bill
Pelosi, however, batted down the suggestion that the $2 trillion plan be trimmed down to earn Republican support.
Pelosi: "Door is open" for cooperation on infrastructure
House Speaker Nancy Pelosi says Democrats' "hand is extended" to Republicans as Congress prepares to act on President Biden's infrastructure proposal.
COVID economic crisis shows signs of slowing
CBS News senior national correspondent Mark Strassmann reports from Georgia on COVID-19's impact on the U.S. economy.
Fed chair says economy set to make turnaround
Powell spoke with Scott Pelley Wednesday for a report airing tonight on 60 Minutes.
The French have taken to showing national symbols in defiance of the Paris attacks
The French have taken to showing national symbols in defiance of the Paris attacks. This is great for flag makers, but as CBS correspondent Elizabeth Palmer reports, much of the rest of the economy is struggling.
The full episode of the CBS Evening news from November 8, 2015 edition
U.S. intelligence officials say it was "likely a bomb" that brought down the Russian passenger jet over Egypt, but they can't be entirely sure since they haven't examined the evidence first-hand; tattoos are no longer rare, you can find them in nearly every segment of society
The labor department announced the U.S. economy added 271,000 jobs last month, the strongest growth so far this year
The labor department announced the U.S. economy added 271,000 jobs last month, the strongest growth so far this year. Unemployment dropped to five percent, the lowest since 2008. Now that salaries are starting to go up, new employee perks are being offered as well. Jill Schlesinger has a report.
Now that 271,000 jobs were created in October and unemployment has dropped to five percent, Anthony Mason discusses how the good news may push interest rates up
Now that 271,000 jobs were created in October and unemployment has dropped to five percent, Anthony Mason discusses how the good news may push interest rates up.
White House plans to drive growth with big spending
President Biden unveiled the first part of his multi-trillion dollar economic agenda this week, announcing $2 trillion for upgrading America's infrastructure. Jacob M. Schlesinger, a senior Washington correspondent for the Wall Street Journal, discusses Biden's unique approach to the plan.
China creates its own digital currency
In a first for a major economy, China has created its own form of digital currency. Some economists say this will boost the yuan's global presence and also potentially weaken the dollar. Emily Parker, managing director at Coindesk, joins CBSN's Tanya Rivero with a closer look at the potential impact.
Stimulus cash could help save public jobs
More than 1.2 million public sector workers are out of a job thanks to the pandemic.
IMF's Gita Gopinath on financial recovery in the wake of COVID-19
On "Facing Forward," Margaret Brennan talks with IMF Chief Economist Gita Gopinath on worldwide recovery efforts in the fallout of the coronavirus pandemic.
Watch the complete broadcast of the very first edition of "Sunday Morning," hosted by Charles Kuralt, from January 28, 1979 (Part 2 of 3)
Watch the complete broadcast of the very first edition of "Sunday Morning," hosted by Charles Kuralt, from January 28, 1979. Features include commentaries on the economy and books; Vietnamese refugees facing a new life in Phoenix; and Kuralt goes "On the Road" to meet Tom Scribner, a former lumberjack who makes music on the saw. (Part 2 of 3.)
Christiana Figueres, the U.N.'s head of global climate negotiations, says reaching a deal to reduce carbon emissions is finally within reach because it's in every country's economic interests to do so
Christiana Figueres, the U.N.'s head of global climate negotiations, says reaching a deal to reduce carbon emissions is finally within reach because it's in every country's economic interests to do so. She spoke with CBS News about how the U.S. could benefit from leading the way.
Watch the full report this Sunday, September 27 on “Sunday Morning”
China’s stock market is trying to recover after its recent meltdown. Norah O’Donnell spoke with the former chairman of the Federal Reserve, Ben Bernanke, who discussed the country with the world’s second largest economy and if it could pose a risk to the U.S. economy. Watch the full report this Sunday, September 27 on “Sunday Morning.”
Jerome Powell: Vaccination key to global economic recovery
Powell called global vaccination efforts "not only the right thing to do, it's also the smart thing to do."
"No one would have believed you," U.S. Treasury Secretary Jack Lew tells "CBS This Morning" anchor Norah O'Donnell, if you had predicted 5.1% unemployment and 13 million jobs created
"No one would have believed you," U.S. Treasury Secretary Jack Lew tells "CBS This Morning" anchor Norah O'Donnell, if you had predicted 5.1% unemployment and 13 million jobs created. Lew went on to explain he still worries "a lot."
Trump nominates Kevin Warsh as next Federal Reserve Board chair
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
Journalist Don Lemon arrested after protest at Minnesota church
Don Lemon was taken into custody by federal agents in Los Angeles, where had been covering the Grammy Awards, his attorney said.
Senate reaches deal to fund government, continue ICE talks
The deal also needs the approval of the House, which isn't scheduled to return until Monday — and at least one Republican senator has pushed back.
Prosecutors in Minneapolis say more could resign over handling of shootings
Prosecutors expressed concern to a U.S. attorney that they weren't allowed to probe the federal officers who shot and killed Renee Good or Alex Pretti, sources said.
What Kevin Warsh as new Federal Reserve chair could mean for the economy
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
Quieter night in Ukraine as Trump says Putin agreed to pause strikes
Zelenskyy says Ukraine will "take corresponding steps" as Trump says Putin agreed to stop bombing Ukrainian cities for a week.
Husband in au pair affair recounts killings of wife, man: "Hoping to de-escalate"
Brendan Banfield testified that he did not fatally stab his wife in 2023, but instead shot the man who did.
Lindsey Vonn crashes in final downhill before Winter Olympics
Skiing great Lindsey Vonn crashed in her final downhill before the Milan Cortina Winter Olympics.
Severe cold persists as forecasters track another potential East Coast storm
Maps show where the next blast of Arctic air and a potential winter storm are expected to travel this weekend, according to the latest forecast models.
U.S.
More U.S.
Journalist Don Lemon arrested after protest at Minnesota church
Don Lemon was taken into custody by federal agents in Los Angeles, where had been covering the Grammy Awards, his attorney said.
Trump nominates Kevin Warsh as next Federal Reserve Board chair
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
For North Mississippi, a return to normal still weeks away after historic ice storm
The small Mississippi community of Gravestown has been without power and running water for five days following an ice storm the likes of which the state hasn't seen in more than 30 years.
4 people shot, 2 killed in Mount Airy, North Carolina
The North Carolina State Bureau of Investigation said the SBI and Surry County Sheriff's Office are investigating. Two of the four people who were shot have died. The condition of the other two people is unclear.
Prosecutors in Minneapolis say more could resign over handling of shootings
Prosecutors expressed concern to a U.S. attorney that they weren't allowed to probe the federal officers who shot and killed Renee Good or Alex Pretti, sources said.
MoneyWatch
More MoneyWatch
What Kevin Warsh as new Federal Reserve chair could mean for the economy
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
Trump nominates Kevin Warsh as next Federal Reserve Board chair
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
Trump threatens Canada with 50% tariff on aircraft sold in U.S.
President Trump is threatening Canada with a 50% tariff on any aircraft sold in the U.S., the latest salvo in his trade war with America's northern neighbor as his feud with Prime Minister Mark Carney expands.
The No. 1 skill employers are looking for, according to a LinkedIn expert
Job seekers can raise their chances of landing a position by highlighting a particular kind of work experience, says LinkedIn career expert Catherine Fisher.
First Brands founder Patrick James, brother Edward indicted for fraud
The James brothers face charges of conspiracy to commit money laundering, bank fraud and wire fraud.
Politics
More Politics
What Kevin Warsh as new Federal Reserve chair could mean for the economy
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
Trump nominates Kevin Warsh as next Federal Reserve Board chair
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
Trump sues IRS and Treasury, accusing agencies of letting his tax returns leak
President Trump is suing the Internal Revenue Service and Treasury Department for at least $10 billion, claiming the agencies unlawfully allowed an IRS contractor to leak his tax returns and those of his sons and company.
Trump threatens tariffs on countries that sell oil to Cuba
President Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba.
Trump threatens Canada with 50% tariff on aircraft sold in U.S.
President Trump is threatening Canada with a 50% tariff on any aircraft sold in the U.S., the latest salvo in his trade war with America's northern neighbor as his feud with Prime Minister Mark Carney expands.
HealthWatch
More HealthWatch
Life expectancy in U.S. hit record high of 79 years in 2024, CDC says
U.S. life expectancy rose to 79 years in 2024 - the highest mark in American history. But the U.S. still ranks below dozens of other countries.
Gerber recalls some arrowroot biscuits over potential plastic, paper pieces
The recall affects several batches of the 5.5-ounce Gerber Arrowroot Biscuits, the FDA said.
South Carolina measles outbreak now larger than Texas' in 2025, new data shows
South Carolina's measles outbreak has grown to include 789 cases. A West Texas outbreak last year sickened 762 people.
Trump policies at odds with emerging understanding of COVID's long-term harm
Studies offer insights into the health risks and burdens faced by people who have had COVID infections. Meanwhile, the Trump administration has narrowed COVID vaccine recommendations and cut research.
Pediatrics group releases vaccine recommendations, breaks with CDC
The AAP is recommending immunization against 18 diseases. Earlier this month, the CDC reduced its recommendations for childhood vaccines to 11 diseases.
World
More World
Shark kills 13-year-old boy at popular beach in Brazil
Dozens of beaches along the turquoise coastlines of Pernambuco have been issued with shark warnings, authorities said.
Quieter night in Ukraine as Trump says Putin agreed to pause strikes
Zelenskyy says Ukraine will "take corresponding steps" as Trump says Putin agreed to stop bombing Ukrainian cities for a week.
Remains, jacket found over 2 years after woman vanished in wilderness
Human remains and clothing were found while searching for Belgian national Celine Cremer, who went missing in 2023 in Tasmania, police said.
Lindsey Vonn crashes in final downhill before Winter Olympics
Skiing great Lindsey Vonn crashed in her final downhill before the Milan Cortina Winter Olympics.
Trump threatens tariffs on countries that sell oil to Cuba
President Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba.
Entertainment
More Entertainment
Lindsey Vonn crashes in final downhill before Winter Olympics
Skiing great Lindsey Vonn crashed in her final downhill before the Milan Cortina Winter Olympics.
Alex Warren on journey to music career
Alex Warren's hit song "Ordinary," a love letter to his wife, became Billboard's song of the summer in 2025. He spoke to "CBS Mornings" about his music journey and the challenges that came along the way, including losing his father to cancer at a young age. Natalie Morales reports.
Longtime high school band director wins 2026 Music Educator Award
"CBS Mornings" reveals Jennifer Jimenez, a longtime high school band director in Miami, is the winner of the prestigious 2026 Music Educator Award.
Ralph Macchio looks back on playing "The Karate Kid"
On Jan. 29, 2026, the Library of Congress named "The Karate Kid" – a beloved 1984 tale of a young boy learning important life lessons from his mentor, a martial arts instructor – to the National Film Registry, to be preserved for future generations. In this 2024 interview with "Sunday Morning" correspondent Lee Cowan, "Karate Kid" star Ralph Macchio talked about auditioning for the role; his relationship with co-star Pat Morita, who played Mr. Miyagi; and why he believes the film has resonated with audiences.
New batch of movie classics added to National Film Registry
Among the 25 films selected by the Library of Congress to be preserved for future generations are "The Big Chill," Wes Anderson's "The Grand Budapest Hotel," the Civil War drama "Glory," and John Carpenter's "The Thing."
Technology
More Technology
Uber looks to cash in on self-driving cars — but not by driving them
The rideshare company is getting into the business of providing real-world driving data to autonomous vehicle developers. Here's why.
New AI features for Gmail users
This month, Google launched a suite of new features for Gmail. Google's AI assistant, Gemini, can now filter through junk, summarize an inbox and even help users write emails. Blake Barnes, Gmail vice president of product, joins CBS News to discuss.
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.
Analysts say Starlink may have guided Russian drones into a Ukrainian train
As Ukraine accuses Russia of terrorism with a deadly strike on a train, some defense analysts believe Elon Musk's Starlink may have guided the killer drones.
TikTok's new privacy policy is sparking a backlash. Here's what to know.
Some TikTok users are raising questions about the app's new terms and conditions after the social media platform's split from its China-based parent.
Science
More Science
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
More Crime
Crime
Don Lemon arrested in Los Angeles
Former CNN news anchor and independent journalist Don Lemon was detained in California overnight, multiple sources tell CBS News. Jake Rosen and Lilia Luciano have the latest confirmed information.
Husband in au pair affair recounts killings of wife, man: "Hoping to de-escalate"
Brendan Banfield testified that he did not fatally stab his wife in 2023, but instead shot the man who did.
4 people shot, 2 killed in Mount Airy, North Carolina
The North Carolina State Bureau of Investigation said the SBI and Surry County Sheriff's Office are investigating. Two of the four people who were shot have died. The condition of the other two people is unclear.
Man testifies he didn't plot wife's killing
A man accused of double homicide in Virginia returned to the stand on Thursday as he testified that he did not plot to kill his wife despite having an affair with his family's au pair. CBS News correspondent Shanelle Kaul has the details.
Man allegedly tried to free Luigi Mangione
A man armed with a "barbeque type fork" allegedly tried to free Luigi Mangione by impersonating an FBI agent on Wednesday night. CBS News legal reporter Katrina Kaufman has the latest.
Space
More Space
Artemis II crew undergoes intense training for rare moon mission
For months, the Artemis II crew and flight controllers have been simulating malfunctions to prepare for their upcoming trip around the Moon.
Inside Artemis II astronauts' training
NASA is preparing for its first crewed mission around the moon in more than 50 years. The Artemis II astronauts include three Americans and one Canadian on a 10-day flight. Mark Strassmann got a look at how they're training.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Latest Galleries
More Latest Galleries
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Trump wants Kevin Warsh to chair the Fed
President Trump announced on social media that he wants Kevin Warsh to chair the Federal Reserve. Warsh was on the Fed's board for five years starting in 2006. CBS News' Jill Schlesinger has more.
Don Lemon arrested in Los Angeles
Former CNN news anchor and independent journalist Don Lemon was detained in California overnight, multiple sources tell CBS News. Jake Rosen and Lilia Luciano have the latest confirmed information.
More winter weather headed to Southeast
A new winter storm is taking aim at parts of the Southeastern U.S. as much of the country continues to recover from the massive storm that brought snow, ice and bitter cold last weekend. Rob Marciano has the latest.
Trump to announce new Fed Chair pick Friday
President Trump on Thursday night said he will announce his pick to lead the Federal Reserve on Friday morning. Current Fed Chair Jerome Powell is set to exit the role in May.
Monks' walk for peace captures national attention
In October of last year, a group of Buddhist monks gathered in Fort Worth, Texas, and started a 2,300-mile walk for peace. "CBS Evening News" anchor Tony Dokoupil has the story of what happened next.