Fed chair on when the economy could recover
"This economy will recover. It may take a while," Federal Reserve Chairman Jerome Powell told Scott Pelley in an interview airing on "60 Minutes."
Economy
Transcript: Nancy Pelosi on "Face the Nation"
The following is a transcript of an interview with House Speaker Nancy Pelosi that aired Sunday, May 17, 2020, on "Face the Nation."
States under pressure to reopen amid economic turmoil
CBS News' Mark Strassmann reports from Atlanta on a growing number of states deciding to slowly reopen.
Retail sales plummet as states look to reopen
Dismal retail sales numbers and roughly 11.4 million layoffs are pressuring local governments to reopen, whether public health officials recommend it or not. Industry watchers are hoping for a resurgence as retailers in two-thirds of U.S. states reopen for business, with social distancing guidelines in place. Michael George takes a look at how businesses in these states are trying to get up and running again.
Looking at Trump's year with 20/20 hindsight
President Donald Trump finished 2019 as only the third president in history to be impeached. CBS News White House correspondent Ben Tracy looks back on a rocky year, recapping failures and successes - and looks ahead to what this election year may hold.
10 states may face an economic slowdown
Pennsylvania, West Virginia and New Jersey are among the states that could face economic slowdowns in 2020.
What does wealth inequality look like?
The growing gap between rich and poor Americans is one of the U.S.’s biggest challenges, with the top 1% controlling more wealth now than at any time in the last 50 years. A recent survey found that over half the country thinks it’s a problem, though most people might not know exactly what wealth inequality looks like. Tony Dokoupil speaks to Americans to see if they know what their “share of the pie” looks like.
House passes $3 trillion COVID-19 relief bill
The measure is unlikely to gain any traction in the GOP-controlled Senate.
Highlights from State of the Union address
President Trump touted the economy in his State of the Union address Tuesday night, while steering clear of mentioning his impeachment. At the end, House Speaker Nancy Pelosi ripped up her copy of the speech, calling it a "manifesto of mistruths." CBS News White House correspondent Weijia Jiang reports on the speech, and CBSN political contributor and Democratic strategist Joel Payne joined CBSN AM with reaction.
Trump: "Vaccine or no vaccine, we're back"
President Trump says "vaccine or no vaccine", the country will move forward with plans to reopen. More than two thirds of the states have now relaxed restrictions. Paula Reid reports.
Hundreds of Americans released from quarantine
Hundreds of American evacuees from China boarded buses on military bases in both Northern and Southern California after an exhausting two weeks in federal quarantine. Meanwhile, more cases were reported today as the infection count tops 73,000 worldwide with more than 2,000 deaths. Carter Evans reports.
Fed Chair Jerome Powell speaks to 60 Minutes
See the interview, Sunday at 7 p.m. ET/PT on CBS
Coronavirus could lead to drug shortages in U.S.
The coronavirus is threatening the U.S. medical supply chain as it shuts down factories in China, where many of the core components of drugs sold in the U.S. are made.
Working class family homeless after job loss
A California couple who lost their jobs two years ago have found themselves living in a motel with their two children for a year as they struggle to recover their financial situation like hundreds of families all over the state. More than 17,000 children are estimated to be homeless in just the Los Angeles Unified School District alone. Maria Elena Salinas speaks to the family as part of CBS News' Eye on America series exploring the country's ongoing homeless crisis.
Ross Douthat on "The Decadent Society"
Our world, and especially our technology, are evolving at warp speed. But what if all of that progress was actually be holding us back? That's the argument New York Times columnist and author Ross Douthat makes in his new book, "The Decadent Society: How We Became The Victims of Our Own Success." He joined CBSN's Vladimir Duthiers to discuss what decadence means for society, our families and the future.
Expert explains markets' coronavirus dip
Panic over a coronavirus outbreak could send the stock market into its worst week since the 2008 financial crisis. The Dow Jones industrial average saw its worst one-day point drop in history on Thursday as it lost an entire year’s worth of gains over the course of a week. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss the likely economic fallout.
Job market takes center stage in S.C. primary
South Carolina is attracting interest from companies around the world for its booming economy, and the Palmetto State boasts one of the lowest unemployment rates in the country at 2.3%. CBS News correspondent Nikole Killion joined CBSN with more on how the job market will factor in the Democratic primary.
Keeping kids safe as states reopen
At least 19 states and Washington, D.C. are reporting cases of a mysterious illness appearing in children that is potentially linked to the coronavirus. This raises major concerns as the U.S. starts to reopen and President Trump pushes to open schools. CBS News senior medical correspondent Dr. Tara Narula joins “CBS This Morning” to answer viewer questions about how to keep children safe.
Coronavirus' impact on the U.S. economy
Coronavirus quarantines in China have had a significant impact on the global economy. In Los Angeles, where 40% of all shipped imports enter the country at the U.S.' largest port, traffic is slowing down and affecting job earnings as factory shutdowns are taking a toll on the supply chain. Everything from the automotive industry to the toy industry are taking a hit. Jill Schlesinger joins "CBS This Morning" to explain how U.S. consumers could feel the economic impact of the coronavirus.
Coronavirus economic impact
New jobs numbers released Friday show a decrease in the unemployment rate before the spread of coronavirus. Yahoo Finance reporter Akiko Fujita spoke to CBSN's Reena Ninan about the broader economic impact of the spreading disease.
Face The Nation: Surgeon General Jerome Adams, Dr. Scott Gottlieb, Amy Walter, Dan Balz, Joel Payne, Leslie Sanchez
Missed the second half of the show? The latest on the coronavirus outbreak and the 2020 presidential race.
Coronavirus causes crisis for travel industry
As coronavirus fears grow worldwide, the travel industry is suffering the hardest economic hit since the September 11th terrorist attacks. Washington Post economics correspondent Heather Long joins CBSN to discuss the response.
Markets see historic losses over coronavirus
The Dow Jones industrial average saw its biggest one-day drop in history over stock markets’ coronavirus panic, though investor optimism due to the Trump administration’s economic proposals helped lift world markets overnight. Nikki Battiste is at the New York Stock Exchange to report on whether the optimism is still helping numbers recover.
Coronavirus outbreak hurts Chinese restaurants
Chinese restaurant owners across the U.S. say the coronavirus outbreak has been hurting their businesses. Slate staff writer Aaron Mak joins CBSN AM to talk about his recent piece in which he spoke with a California business owner who says he's taken a 50% hit.
Economist: Coronavirus recession "likely"
The Dow Jones Industrial Average closed down 10% on Thursday, its worst day since 1987. The Dow went from a record high to a downward bear market in just 19 days -- its fastest slide since 1931. Greg Ip, the Wall Street Journal's chief economics commentator, said a recession is "likely." He broke down the signs that point to an economic downturn and what the government can do to try and prevent it on "CBS This Morning."
Live
Trump says "Clock is Ticking" for Iran as shaky ceasefire continues
President Trump said "there won't be anything left of them" if Iranian leaders do not "get moving, FAST."
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Taiwan representative to U.S.: "We're not the ones creating all this trouble"
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Finnish divers join search for bodies of 4 Italian divers in the Maldives
The search for the remains of the four Italian divers was suspended Saturday, after a Maldivian military diver died.
Video shows rescuers treating mountain climber who fell 50 feet
Rescuers airlifted an injured hiker who fell about 50 feet from the summit of Washington state's Mount Si on Saturday.
At least 4 killed by Ukrainian drone strikes on Russia
Russian defenses shot down 81 drones headed for Moscow overnight, state agency Tass reported, citing Sobyanin.
Ebola outbreak in Congo and Uganda declared global health emergency
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Letlow, Fleming advance to runoff in Louisiana GOP Senate primary, CBS News projects
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, lost his bid for a third term.
Fighter jets crash in midair during air show at Idaho Air Force base
The Mountain Home Air Force Base said in a social media post that it was locked down following an incident during the Gunfighter Skies Air Show.
U.S.
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Aaron Rai wins PGA Championship for his first major title
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
Fighter jets crash in midair during air show at Idaho Air Force base
The Mountain Home Air Force Base said in a social media post that it was locked down following an incident during the Gunfighter Skies Air Show.
Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
Video shows rescuers treating mountain climber who fell 50 feet
Rescuers airlifted an injured hiker who fell about 50 feet from the summit of Washington state's Mount Si on Saturday.
Senate GOP revising White House ballroom security funds plan
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
MoneyWatch
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Is the answer to the housing crunch right in your own backyard?
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Ice cream sold in 17 states recalled for potential metal fragments
No injuries have been reported because of the issue, the Food and Drug Administration said.
Trump talks up trade deals with China, but experts see no big wins for U.S.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Which college majors offer the best long-term return on investment?
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
Politics
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Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
Senate GOP revising White House ballroom security funds plan
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
Transcript: Reps. Brian Fitzpatrick and Tom Suozzi on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan representative to U.S.: "We're not the ones creating all this trouble"
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Transcript: Alexander Yui, Taiwan's representative to the U.S., on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
HealthWatch
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Version of hantavirus behind deadly outbreak matches known strain, France says
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
Ebola outbreak in Congo and Uganda declared global health emergency
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
A hospital worker felt healthy. Then he had 3 heart attacks in 4 days.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
New York doctor who survived Ebola says he fears for healthcare workers
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Controversial FDA official leaving drug center post in latest departure at agency
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
World
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Transcript: Reps. Brian Fitzpatrick and Tom Suozzi on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan representative to U.S.: "We're not the ones creating all this trouble"
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Transcript: Alexander Yui, Taiwan's representative to the U.S., on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Irish researchers find oldest English poem in medieval book in Rome
Researchers in Dublin discovered the oldest surviving English poem in a Roman library.
Transcript: Former Defense Secretary Robert Gates on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with former Defense Secretary Robert Gates that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Entertainment
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Entertainment
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" podcast host Alex Cooper announces pregnancy
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Director Jon Favreau on "The Mandalorian and Grogu"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
Extended interview: Jon Favreau
In this web exclusive, Jon Favreau, the creator of the "Star Wars" series "The Mandalorian," and director of the new film "The Mandalorian and Grogu," talks with correspondent Tracy Smith about the myth of "Star Wars," the influences on the story (including Japanese samurai films), and expanding the universe for a new audience. He also talks about working with Robert Downey Jr. on his film "Iron Man," and about cooking, the subject of his 2014 movie, "Chef."
Jon Favreau on "The Mandalorian and Grogu"
Director Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen. He talks with correspondent Tracy Smith about the handmade feel of the "Star Wars" universe, and how father-son relationships have always been at the heart of the stories set in a galaxy far, far away. He also discusses bringing his improv roots to directing Robert Downey Jr. in "Iron Man."
Technology
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Technology
An adobe renaissance
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents report Waymo traffic jams
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
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.
Waymos get in Atlanta traffic jam
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Science
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New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Crime
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One man with two identities behind crimes from Monaco to New Mexico
In New Mexico, a man is charged with forgery & larceny – and convicted of putting out a hit on his estranged wife. Twenty-six years earlier, a fire in Monaco kills a billionaire and his private nurse. At the center of that mystery was the very same man — with a different name.
A "Survivor" finalist's mission to prove his late sister was murdered
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Details on charges against Mohammad Al-Saadi
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
Terror plot foiled, suspect under arrest
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
Iraqi man charged with terror plot: officials
An Iraqi national was arrested and charged with planning to carry out several terror attacks in the U.S., including at a New York City synagogue and other prominent Jewish centers in Los Angeles and Scottsdale, Arizona. CBS News' Anna Schecter reports.
Space
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SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Latest Galleries
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Notable Deaths in 2026
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
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Latest CBS News Videos
Nate Bargatze on American comedy
Nate Bargatze says a laugh can be found almost anywhere in the U.S., on nearly any topic out there. "When done right, American comedy shines light into dark places in a digestible way," he said.
Christopher Nolan: The 60 Minutes Interview
Christopher Nolan, director of "Oppenheimer," "Inception," "Interstellar," and "The Dark Knight," imagines every movie is the last he'll make, leading him toward an ambitious plan for "The Odyssey."
London's cabbies skeptical about robotaxis
London black cab drivers, who are required to memorize thousands of streets to get their license, are being tested in a new way. Several companies are trying to bring robotaxis to the city's streets.
Prediction market bets on war defy odds
Prediction market users are profiting from bets on war. Analysts say suspiciously timed bets, and the high win rates of wagers on military outcomes , are likely signs of insider trading.
Why "The Odyssey" was shot on IMAX film
Correspondent Scott Pelley and director Christopher Nolan visited FotoKem, the last motion picture lab in the world that makes 70mm prints, to see finishing touches being made to "The Odyssey," the first feature shot entirely on IMAX film.