Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Economy
Paramount to lay off 2,000 workers shortly after merging with Skydance
Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this year.
What to expect from fed rate cut
The Federal Reserve is expected to make a quarter-point interest rate cut on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Why the "no hire, no fire" job market may no longer be a thing
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
Trump signs U.S.-Japan trade deal
President Trump signed trade and military agreements with Japan on the first leg of his Asia tour and touted the importance of the U.S. alliance. CBS News' Natalie Brand has more details.
Why your beef, bananas and coffee beans have gotten so expensive
Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?
Trump travels to Asia for trade talks
Trade talks between U.S. and Chinese officials began earlier this morning in Kuala Lumpur, Malaysia. President Trump is traveling to the city as part of a five-day visit to Asia, where he is set to meet with Chinese president Xi Jinping on Thursday. The goal of the trip is to de-escalate the trade war with China, even as Trump ratchets up the economic pressure on Canada.
Ad that made Trump end Canada talks paused
President Trump on Thursday night said he terminated trade talks with Canada over an anti-tariff ad campaign from Ontario. CBS News congressional correspondent Nikole Killion has the latest. Then, Gary Shapiro, CEO of the Consumer Technology Association, joins from Toronto to discuss the state of trade meetings there.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
Consumer confidence slumps again amid inflation concerns
Economic sentiment dipped for the third month in a row, according to a closely watched gauge on consumer confidence.
How cargo thieves trick businesses by posing as legitimate truckers
Investigators say criminals are able to intercept goods along the supply chain by impersonating real companies.
How cargo thieves intercept truckloads of goods
A sheriff's department in Southern California announced the arrests of a dozen people accused of stealing millions of dollars in goods through a cargo theft ring that used legitimate trucking companies as cover. But the goods they stole represent just a drop in the bucket of a nationwide problem. Carter Evans reports.
Turkey prices soar
Wholesale turkey prices are up about 40% from last year, according to the American Farm Bureau Federation. CBS News MoneyWatch correspondent Kelly O'Grady explains the impact on your Thanksgiving meal.
Furloughed workers on money struggles
The government shutdown has reached Day 22 as lawmakers remain at odds over government funding. Meanwhile, furloughed federal workers are feeling the impact of the shutdown. CBS News' Nikole Killion has more.
Tariffs impacting consumer prices: analysis
A new analysis shows that President Trump's tariffs are starting to have an impact on businesses and consumers. The St. Louis Federal Reserve found that companies passed 35% of tariff costs onto shoppers early this summer. CBS News MoneyWatch reporter Megan Cerullo has more.
60% of workers are unhappy with key aspects of their job, survey finds
Six in 10 employees say their jobs are falling short on issues including pay, scheduling and career advancement, a new analysis finds.
Open enrollment may bring sticker shock as health insurance set to surge
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
Stellantis, Whirlpool boost American manufacturing
This week, Stellantis and Whirlpool became the latest companies to boost their American manufacturing footprints. Stellantis, the maker of Jeep, plans to add 5,000 jobs. Whirlpool announced a $300 million investment and new jobs in Ohio. Kelly O'Grady has more.
Opinion writer on small business health
Americans may have recently heard that several issues are spelling death to small businesses, perhaps at the hands of tariffs, mass deportations, inflation, or something else. However, an opinion piece from The Hill suggests that there is evidence to suggest these businesses are not in trouble at all. Gene Marks, founder and president of a small business consulting firm, The Marks Group, joins "The Takeout" to discuss his piece.
Judge temporarily blocks firing of federal workers during shutdown
A federal judge has temporarily blocked the Trump administration from firing workers during the government shutdown, saying the human cost "cannot be tolerated."
Soybean farmer discusses China, Trump and more
American farmers are facing financial strain as China halts purchases of U.S. soybeans. Iowa soybean farmer April Hemmes joins CBS News to discuss.
Trump threatens China over soybeans
Trade tensions continue to escalate between the U.S. and China, with President Trump accusing the world's second-largest economy on Tuesday of "purposefully not buying" American soybeans. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Economists expect faster growth, but weaker job gains, through 2025
The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.
Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Shutdown impact on workers and economy
As the government shutdown continues, federal workers are going without pay. CBS News business analyst Jill Schlesinger breaks down the shutdown's impact on the economy.
Live
Trump says no talks with Iran ongoing, and none scheduled
President Trump says the U.S. is not engaged in any talks with Iran as the two countries remain locked in a standoff over the Strait of Hormuz after almost six months of war.
Florida voters choose in governor, Senate primaries, and more races to watch
Three states are holding primaries on Tuesday, with Florida deciding on nominees for both governor and for Senate.
Panettiere was with on-and-off boyfriend when she died, police report says
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
First on CBS
IRS proposal would force nonprofits to disclose leaders' terrorism convictions
The disclosure requirement would be added to the Form 990, the annual return that nonprofit groups file with the IRS.
Exclusive
U.S. deporting Mexican migrants to Guatemala and Honduras, angering Mexico
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
Human remains found in Lake Mead as water levels reach record low
The skeletal remains were found on Sunday, two years after similar drought conditions exposed bodies in the lake.
Missing woman's family receives texts asking for money, bitcoin
Alisa Goods, 63, disappeared 10 days ago in Las Vegas. Her family has been receiving mysterious messages from her phone.
First on CBS
DOJ to stop using outside experts to help vet competitive grant applicants
The Justice Department is scrapping its longtime practice of hiring outside experts to help review competitive grant applications, multiple sources told CBS News.
USS Benfold went days without power in the South China Sea
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
U.S.
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Panettiere was with on-and-off boyfriend when she died, police report says
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Former DOJ lawyer alleges government improperly targeted Ivy League schools
The Trump administration pressured attorneys to investigate allegations of antisemitism at elite universities even though there was no factual or legal basis to do so, according to a former DOJ lawyer.
Exclusive
U.S. deporting Mexican migrants to Guatemala and Honduras, angering Mexico
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
DEI policies brought no financial penalty to firms, study finds
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
Madonna leads 2026 MTV VMAs with 11 nominations
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
MoneyWatch
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DEI policies brought no financial penalty to firms, study finds
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
Meta's federal trial begins over child social media addiction claims
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Outshine Fruit Bars recalled over possible glass, parent Dreyer's says
Five flavors of Outshine Fruit Bars sold nationwide were recalled because they may include glass, Dreyer's Grand Ice Cream said.
Disney and ABC sue FCC over early license review, alleging retaliation
The lawsuit comes after the FCC ordered ABC to seek renewals between two and five years before its TV stations' licenses were set to expire.
Discord suspends livestreams in Brazil amid backlash over girl's suicide
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
Politics
More Politics
Former DOJ lawyer alleges government improperly targeted Ivy League schools
The Trump administration pressured attorneys to investigate allegations of antisemitism at elite universities even though there was no factual or legal basis to do so, according to a former DOJ lawyer.
Exclusive
U.S. deporting Mexican migrants to Guatemala and Honduras, angering Mexico
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
Appeals court upholds block on immigration arrests at certain houses of worship
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
Justice Department to send a record 1,000 monitors to midterm polling places
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
First on CBS
DOJ to stop using outside experts to help vet competitive grant applicants
The Justice Department is scrapping its longtime practice of hiring outside experts to help review competitive grant applications, multiple sources told CBS News.
HealthWatch
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School vaccination rates inch down again to record low
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
RFK Jr.'s hunt for autism culprits stalls amid Trump's baseless vaccine order
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Mom-to-be had 2 signs of rare complication: "Everything kept getting worse"
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
World
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Ukraine targets Moscow with drones as Russia threatens U.K. over support
Ukraine targets Moscow with a huge wave of drones as Russia warns the U.K. will pay a price for supplying Kyiv with long-range weapons.
USS Benfold went days without power in the South China Sea
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
U.S. diplomat calls Israeli strikes on Syria base "unnecessary escalation"
U.S. Ambassador to Turkey Tom Barrack says an Israeli attack on a Syrian air force base was an "unnecessary escalation that does not advance regional stability."
Trial opens 32 years after American woman murdered in Germany
The man is accused of luring Amy Lopez under false pretenses into a secluded room, where he then allegedly handcuffed her, sexually assaulted her and killed her.
American man flies to West Bank to save home from Israeli settlers
Palestinian-American Loui Ridi says he flew from Ohio to a village in the Israeli-occupied West Bank to stop settlers from seizing his home.
Entertainment
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Panettiere was with on-and-off boyfriend when she died, police report says
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads 2026 MTV VMAs with 11 nominations
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Nominees revealed for some VMA categories
"CBS Mornings" revealed the nominees for three categories at this year's VMAs, including artist of the year.
Top upcoming book to movie adaptations
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to discuss some of her favorite books coming to the big screen this year.
Hayden Panettiere's ex-fiancé in "profound shock" after her death
Hayden Panettiere, who shares a daughter with the former boxing champ, died on Sunday at 36 years old.
Technology
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Meta's federal trial begins over child social media addiction claims
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Data centers, AI become midterm flashpoint
Artificial intelligence and the data centers powering the technology have become a flashpoint ahead of the 2026 midterm elections. Shira Ovide, a technology reporter for The Wall Street Journal, has more.
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.
Discord suspends livestreams in Brazil amid backlash over girl's suicide
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
How this school uses AI instead of teachers
Alpha School is a private school that teaches students subjects like math and reading with artificial intelligence apps. Mackenzie Price, co-founder of Alpha School, joins CBS News to discuss.
Science
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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Crime
Latest details in Lindsay Clancy trial
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
NAACP counsel on Nolan Wells' death
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.
Forensic fans obsess over Lindsay Clancy case
Lindsay Clancy's murder trial is generating endless discussion among true crime aficionados online, sparking theories and misinformation over the case. Kathryn Coduto, an assistant professor of media sciences at Boston University, explains why the case has taken social media by storm.
Suge Knight could appear at Tupac trial
More witnesses will testify at the trial against the man accused of calling the shots in the 1996 murder of Tupac Shakur. CBS News legal contributor Caroline Polisi has the latest details.
Lindsay Clancy's mother-in-law takes stand
Lindsay Clancy's former mother-in-law, Susan Clancy, told the courtroom on Tuesday that her former daughter-in-law was "begging for help" during postpartum.
Space
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New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Investigating the death of designer Sylvie Cachay
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.
Summer music highlights of 2026
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Latest details in Lindsay Clancy trial
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
What to expect from Tuesday's primaries
Alaska, Wyoming and Florida are holding primaries Tuesday with Florida voters facing ballot choices for governor and both chambers of Congress. CBS News Anthony Salvanto and Nikole Killion have more.
NAACP counsel on Nolan Wells' death
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.
Activists posing as Minnesota voters
Members of the Florida-based conservative activist group Citizen Justice League were seen in an undercover video, posing in what they called Muslim costumes and pretending to be Minnesota voters looking for vouchers. The stunt could land them in serious legal trouble. CBS News' Esme Murphy reports.
Klarna posts shocking revenue jump
"Buy now, pay later" company Klarna posted a shocking 27% revenue jump between April and June 2026. Stacy Cowley, a business reporter for The New York Times, breaks it down.