Atlanta Fed chief says virus has "put a wedge in our economy"
Raphael Bostic, the president and CEO of Federal Reserve Bank of Atlanta, says "we have to change the trajectory for the generations to come."
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Raphael Bostic, the president and CEO of Federal Reserve Bank of Atlanta, says "we have to change the trajectory for the generations to come."
The following is a transcript of an interview with Atlanta Fed's Raphael Bostic that aired Sunday, October 11, 2020, on "Face the Nation."
A spike in coronavirus infections is forcing some countries in Europe to implement new lockdowns and restrictions. CBS News foreign correspondent Imtiaz Tyab joined CBSN's Lana Zak to discuss this second wave of cases across the continent.
One of the leading voices on the pandemic, Dr. Anthony Fauci favors public health measures over a national lockdown. See the interview, Sunday on "60 Minutes."
As millions of Americans struggle to pay bills during the coronavirus pandemic, talks on a new round of federal relief remain stuck in neutral. Carter Evans reports.
For the first time in four weeks, the U.S. saw an increase in the number of Americans filing for first-time unemployment benefits. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN with the latest jobs numbers.
Democratic win would lead to "economic disaster," the president claims, also touting his record on trade.
However, Speaker Nancy Pelosi accused the White House of being unserious in its negotiations.
Day 2 of Amy Coney Barrett's confirmation hearing; The fight to withdraw troops from Afghanistan
Tens of thousands of airline workers are out of jobs over the weekend, as the federal government's $25 billion payroll support program expires along with a ban on airline job cuts. While there is still a chance for more aid from Congress and the White House, the enormous number of furloughs already seen could deal a major blow to the overall economy. Kris Van Cleave reports.
CBS News' Mark Strassmann reports from Atlanta on the ongoing coronavirus pandemic.
Trump says he won't participate in next debate; New poll shows Arizona Senate race heating up
Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to explain what the new claims mean for the state of the economy and what to do if unemployment benefits have been delayed.
Total estimated cost of the pandemic would eclipse all the money U.S. spent on wars in the past two decades.
Missed the second half of the show? The latest on the rise of coronavirus cases worldwide, Regeneron CEO says U.S. secured 300K doses of antibody drug and Minneapolis Fed chief Neel Kashkari warns of "grinding, very slow recovery" without more federal aid.
Child welfare advocates say the pandemic has driven thousands of kids from school into work, making them easier targets for traffickers.
The president urged Senate Majority Leader Mitch McConnell to focus on confirming his nominee to the Supreme Court.
Pres. Trump calls off negations for COVID aid; The state of the 2020 race in Texas
"Weakness feeds on weakness," Powell said in his bluntest remarks to date on the slowing recovery.
The pandemic has put many working moms in an impossible situation — doing their own jobs as well as those of teachers and childcare workers, on top of housework — and some women are finding their careers in jeopardy as they balance the demands from employers with their children's needs. Correspondent Rita Braver hears from working mothers who describe a climate of discrimination, and examines how this challenging new work dynamic may actually set back advances that have been made in bringing equality to the workplace.
Weakening payroll gains and tepid consumer spending are just some of the signs that growth is slowing.
U.S. stocks dropped abruptly after the President took to Twitter to announce his test results, however, they have since recovered. Pangae Policy founder Terry Haines joins CBSN to discuss the economic implications.
Wall Street opened higher Friday after President Trump tested positive for COVID-19. CBS News business analyst Jill Schlesinger joined “CBS This Morning” to discuss the possible impact of his diagnosis on the economy.
Two days after his party's defeat in the midterm elections, President Obama granted only one interview: with "60 Minutes" correspondent Steve Kroft. Here is their entire conversation from start to finish.
President Trump and Joe Biden sparred in the first of three presidential debates Tuesday night. CBSN political reporter Caitlin Huey-Burns, CBS News correspondent Nikole Killion, CBS News chief Washington correspondent Major Garrett and CBS News elections and surveys director Anthony Salvanto join Elaine Quijano for a special edition of "Red & Blue" to break down the debate.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony last week.
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the vital waterway, Iran's state news agency says.
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Government Accountability Office found that DOGE overestimated its savings, among other issues.
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.
The Lindsay Clancy trial continued on Day 8 of testimony with a Massachusetts medical examiner taking the stand.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
Thursday's vote on whether to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
A case against Minnesota Republican gubernatorial candidate Mike Lindell will continue after a judge decided Thursday there is probable cause to believe he violated campaign laws by giving away pillows promoting his candidacy at a July Fourth parade.
Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
Residents of San Juan and neighboring communities have been without reliable water for more than 100 days.
Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.
Layoffs have plunged this year. "Recently laid-off workers are finding jobs as fast as the economy is creating new ones," one economist said.
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.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
A case against Minnesota Republican gubernatorial candidate Mike Lindell will continue after a judge decided Thursday there is probable cause to believe he violated campaign laws by giving away pillows promoting his candidacy at a July Fourth parade.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
The Government Accountability Office found that DOGE overestimated its savings, among other issues.
A Minnesota woman says she fainted, spiked a 102-degree fever, and was hospitalized with sepsis three days after eating a chicken burrito bowl at a Chipotle in Roseville, and genetic testing connected her case to a multistate outbreak, according to a lawsuit filed Tuesday.
Thursday's vote to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
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.
Jason Arday, who joined Cambridge in 2023 at the age of 37, became one of Britain's most high-profile academics after sharing an extraordinary life story.
The heat has set a national temperature record in Austria, fueled wildfires in France and disrupted energy and transportation systems across the continent.
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.
Diarra Kilpatrick, who stars in "Diarra from Detroit," joins "CBS Mornings" to discuss the show's new season, which premiered on Paramount+ last week.
Amanda Kloots, a Broadway dancer, podcast host and best friend to reality star Harry Jowsey, joins "CBS Mornings" to discuss their new Netflix series "Let's Marry Harry."
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.
U.S. officials suspect Iran-backed hackers may be behind cyberattacks that have been reported in at least 12 states. CBS News homeland security correspondent Nicole Sganga has more details.
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.
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.
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.
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.
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
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.
Lindsay Clancy's former father-in-law testified in her murder trial Thursday. Clancy has admitted to killing her three children, but she's pleaded not guilty to first-degree murder charges, with her attorney arguing she was experiencing extreme postpartum psychosis. CBS News' Shanelle Kaul reports.
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.
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.
Lindsay Clancy's former father-in-law testified in her murder trial Thursday. Clancy has admitted to killing her three children, but she's pleaded not guilty to first-degree murder charges, with her attorney arguing she was experiencing extreme postpartum psychosis. CBS News' Shanelle Kaul reports.
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the waterway, Iran's state news agency reported Thursday. Meanwhile, President Trump is denying reports of significant U.S. munitions shortages due to the war. CBS News' Weijia Jiang reports.
A Senate committee on Thursday voted to hold Dr. Anthony Fauci in contempt of Congress for invoking the Fifth Amendment at a hearing last week. CBS News' Taurean Small reports.
Sen. Mitch McConnell says he's been discharged from a rehab center after he was hospitalized nearly two months ago. CBS News' Taurean Small reports.
Abdul El-Sayed narrowly beat Haley Stevens in Michigan's Democratic Senate primary on Tuesday amid backlash from Republicans. CBS News' Fin Gomez has more.