Federal Reserve Chair Janet Yellen says hangover from housing crash, tight credit is hindering economic growth
Federal Reserve Chair Janet Yellen says hangover from housing crash, tight credit is hindering economic growth.
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Federal Reserve Chair Janet Yellen says hangover from housing crash, tight credit is hindering economic growth.
A new app called Square Wallet already allows users to pay for coffee and snacks at Starbucks, and now there's a digital tipping option. Michelle Miller reports on how the technology is putting more money in workers' pockets.
The price of food is going up, and according to the Bureau of Labor Statistics, it's the highest increase since 2011. Norah O'Donnell reports.
President Barack Obama last week used his executive authority to expand overtime pay. While one small business employee says he would benefit from receiving overtime, his boss says the changes will have unintended consequences. Carter Evans reports.
President Obama discusses his recent presidential memorandum ordering a review of the country's overtime pay policies.
The U.S. Senate is introducing a bill to dismantle both Fannie Mae and Freddie Mac. The plan would replace the mortgage companies with a U.S. backed mortgage bond insurer. Wall Street Journal reporter Nick Timraos joins "CBS This Morning: Saturday" for a conversation on what that could mean for homeowners.
U.S. consumer sentiment - a measure of how Americans view the health of the economy - has weakened, according to a preliminary Thomson Reuters/University of Michigan index. Sentiment fell to 79.9 percent in March from 81.6 percent in February. Jericka Duncan reports.
All eyes will be on the Federal Reserve for its first two-day policy meeting of the Janet Yellen era. Most believe that the central bank will announce another $10 billion cut to its bond-buying program. Jill Schlesinger reports.
Approximately 100,000 Puerto Ricans have left the U.S. territory since 2010, after jobs disappeared when Congress ended tax breaks for U.S. companies to build there and the Great Recession soon followed. Puerto Rico's government borrowed heavily to stay afloat and now owes $70 billion it may not be able to repay. Anna Werner reports.
House Speaker John Boehner, R-Ohio, blames his party's Tuesday victory in a special congressional election on a pro-growth, anti-Obamacare message.
House Democrats prepare a discharge petition to call attention to the plight of jobless Americans whose federal unemployment benefits have expired.
President Obama's former national security adviser advises prudence and consideration in dealing with the crisis in Ukraine.
The nation's unemployment rate ticked up to 6.7 percent while adding 175,000 jobs for the month of February. Liz Ann Sonders, chief investment strategist for Charles Schwab, explains some of the nuance behind the jobs report numbers, as well as where the U.S. economy stands now.
The White House says it is examining sanctions as a response to the Russian military presence in the Crimea. But will they work? CBS News National Security Analyst Juan Zarate joins "CBS This Morning: Saturday" for a discussion on whether sanctions against Russia could be effective.
After last week's jitters over tensions in Ukraine, investors will turn to the economy. Also, the coming week marks the fifth anniversary of U.S. stock markets plunging to levels not seen in more than a decade. Jill Schlesinger reports.
Credit card companies MasterCard and Visa say they've formed a new cross-industry group to enhance payment system security. The group plans to focus on cards that are supposed to be more difficult to counterfeit. Jericka Duncan reports.
The unemployment rate rose slightly in February, but more people looking for jobs joined the workforce. Construction jobs rebounded after two dismal months, and more part-time workers are finding full-time jobs. Anthony Mason reports.
The Labor Department said employers added 175,000 jobs in February, but the unemployment rate rose to 6.7 percent. Charlie Rose reports.
The Geneva Auto Show features new designs as well as optimism by auto makers who see global economies on the rebound.
Flash Points: CBS News Homeland Security Correspondent Bob Orr talks with CBS News Senior National Security Analyst Juan Zarate about potential ramifications on the global economy should the United States seek financial sanctions on Russia for its military intervention in Ukraine.
President Obama continues to press his case for an increase in the federal minimum wage, saying it would put more money in the pockets of consumers and businesses.
Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why millions of people who filed their taxes early are still waiting for their refunds, and how stimulus payments might be causing a delay. The IRS is delaying this year's deadline to May 17.
The opportunity to ask questions at press conferences involving high levels of the Chinese government only comes a couple of times a year. Questions must be approved ahead of time, and for the first time in years, CBS News was selected. Seth Doane reports.
A University of Michigan survey finds that consumer confidence is on the rise for young Americans. The survey found that Americans under age 35 have grown more optimistic that their pay will increase 5 percent within the next year. Jericka Duncan reports.
Investors are preparing for the Labor Department's latest employment report. Some of the recent slowdown in job growth has been attributed to the run of unusually bad weather, which may affect the February numbers as well. Jill Schlesinger reports.
The president told reporters an announcement on the strait could happen soon, following talks between Iran and Oman.
The massive food warehouse fire in Los Angeles in June followed a long run of fires at properties tied to one of the world's largest cold storage companies, a CBS News investigation has found.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
At least 345 people — the majority in Colorado and Minnesota — have been sickened by a salmonella outbreak, according to the U.S. Centers for Disease Control and Prevention.
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
Thomas Smith won Michigan's 8th District GOP primary on Tuesday — even though he had suspended his campaign in mid-July. Even more surprisingly: He defeated a Trump-endorsed candidate.
When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
A video showing 3-year-old twins Millie and Maverick reuniting after one of them had to undergo cancer treatment hours away from their home has gone viral. Matt Gutman reports.
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
At least 345 people — the majority in Colorado and Minnesota — have been sickened by a salmonella outbreak, according to the U.S. Centers for Disease Control and Prevention.
One health advocate called nicotine pouches a "profound risk" for young people.
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Colombia has around 200 so-called "cocaine hippos" living in the wild, all of which descended from a colony brought to South America by slain cocaine kingpin Pablo Escobar.
Three of four units of Hungary's Paks nuclear power plant were not in operation and the fourth was operating at about 50%, as of Wednesday morning.
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
One day after announcing she'll step back from the spotlight after her tour ends, Ariana Grande spoke directly to fans at Monday night's show in Chicago. The singer said the decision was her own and "was made from a thoughtful and empowered place."
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
AI models are engaging in unauthorized actions — in the most recent case, creating fake identities and attempting to persuade real people to approve malicious code.
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.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Two of the most powerful artificial intelligence agents created fake human profiles to try to trick people in attempted cyberattacks. Mashable tech editor Tim Werth joins CBS News to discuss.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Matt Gutman investigates Lineage Logistics, the company involved in the Los Angeles warehouse fire that left tens of millions of pounds of meat to rot, forcing a whole community to face foul odors and other health hazards.
A man arrested outside President Trump's golf club in Rancho Palos Verdes, California, was already under investigation for robbery. Nikole Killion has the details.
New Mexico is suing the Trump administration for access to files related to Jeffrey Epstein as it investigates the convicted sex offender's Zorro Ranch property. New Mexico Attorney General Raúl Torrez joins "The Takeout" to discuss.
Several states are experiencing cyberattacks on their water systems after Minnesota reported at attack last week. CBS News homeland security correspondent Nicole Sganga has the latest.
The murder trial of Lindsay Clancy wrapped its seventh day on Wednesday. Clancy has admitted to killing her three children, but her defense says she was experiencing an extreme mental health crisis at the time of their deaths. CBS News' Shanelle Kaul has more.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Abdul El-Sayed has defeated Rep. Haley Stevens in the Michigan Democratic Senate primary, CBS News projects. Corbin Trent, former national coordinator for the Bernie Sanders campaign, joins with analysis.
Former Defense Secretary Chuck Hagel served from 2013 to 2015 in the Obama administration. He joins CBS News to discuss the latest developments in the Iran war as congressional lawmakers ask for more transparency and information about the conflict.
The CEO of LIV Golf announced an investor agreement that he claims will allow the league to continue. The Athletic staff writer Gabby Herzig joins CBS News to discuss.
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
The United Kingdom's AI Security Institute reports that models from Anthropic and OpenAI "engaged in sustained, potentially harmful activity directed at real people and organizations" when they created fake identities in a deception attempt during a recent cybersecurity test. CBS News' Jo Ling Kent reports.