Fed chair warns tariffs could drive up prices
Federal Reserve Chair Jerome Powell warned President Trump's trade war could drive up inflation while at the same time causing growth to slow and unemployment to rise. CBS News' Nancy Cordes has more.
Economy
Mar 13: CBS News 24/7, 1pm ET
Trump threatens 200% tariff on EU alcohol in response to American whiskey tariff; Protesters arrested after storming Trump Tower over arrest of Mahmoud Khalil.
Trump tariffs prompt warning from Fed chair
President Trump lashed out at Federal Reserve Chair Jerome Powell who warned that the administration's tariff plan could lead to persistent inflation and an economic slowdown. California Gov. Gavin Newsom also announced plans for the state to file a lawsuit challenging the tariffs. CBS News chief White House correspondent Nancy Cordes has the latest updates.
How consumers are responding to tariffs
CBS News business analyst Jill Schlesinger breaks down the Federal Reserve's warning on President Trump's tariffs and how consumers are responding.
Trump slams Fed's Powell after tariff warning
President Trump slammed Jerome Powell on Thursday morning, a day after the Federal Reserve chairman said the Trump administration's tariff policy could lead to higher inflation and slower economic growth. CBS News' Natalie Brand has more on Mr. Trump's response.
Powell's comments spark stock market sell-off
It was another volatile day on Wall Street after comments from Federal Reserve Chair Jerome Powell, who spoke at the Economic Club of Chicago. Kelly O'Grady explains.
Economists: Consumers trying to beat tariffs
Federal Reserve Chair Jerome Powell has issued a stark warning on the far-reaching inflation impact of the Trump administration's economic policies. His comments come as new Commerce Department data shows that retail sales rose more than expected last month with some economists attributing that to people trying to get ahead of tariff-driven price increases. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Fed chair warns tariffs could cause inflation
Stocks fell sharply on Wednesday due in part to tariff concerns. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Federal Reserve Chair Jerome Powell's warning about tariffs.
Trump meets with Japanese officials on tariffs
The markets fell sharply on Wednesday after Federal Reserve Chair Jerome Powell expressed concerns about the economic impact of tariffs. Meanwhile, President Trump is meeting with Japanese officials about tariffs. CBS News White House reporter Olivia Rinaldi has the latest.
China appoints new trade negotiator
China appointed a new international trade negotiator Wednesday amid an escalating tariff war with the U.S. Beijing also announced its economic growth exceeded expectations, growing 5.4% in the first quarter of 2025 compared to the same period last year. Stephen McDonell, BBC's China correspondent, has more.
China's Xi tours Southeast Asia
Chinese President Xi Jinping is visiting Vietnam, Malaysia and Cambodia this week in hopes of strengthening economic ties amid escalating trade tensions with the U.S. CBS News foreign correspondent Anna Coren has the latest from Hong Kong.
Lodge Cast Iron CEO on tariff business impact
Many U.S. businesses are anticipating production changes ahead of upcoming tariffs from the Trump administration. Mike Otterman, president and CEO of Lodge Cast Iron, joins CBS News to discuss how his company could be affected.
Who benefits from latest tariff exemptions?
The Trump administration is exempting smartphones, computers and other electronics from the full wrath of its trade war with China. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Mar 10: CBS News 24/7, 1pm ET
President Trump hints at more tariffs ahead as concerns grow over possible recession; U.S. tanker collides with a cargo ship off of U.K. coast.
Open: This is "Face the Nation," April 13, 2025
This week on "Face the Nation with Margaret Brennan," U.S. trade representative Jamieson Greer and Minneapolis Fed president Neel Kashkari discuss the latest with the U.S. economy. Plus, the FDA's former top regulator, Dr. Peter Marks, joins.
Reporter's Notebook: Why economic vibes matter
The economy's vibes are off, according to American consumers. "CBS Evening News" co-anchor John Dickerson explains.
Grocer on unexpected impact of Trump tariffs
Despite the tariff turmoil, stocks were up for the week. But consumer sentiment is down to the lowest level in nearly three years. Nancy Chen checked back with a grocer to see how business is going.
Bond market signals tariffs' economic impact
While U.S. stocks ended Friday on a high note following a week of volatile trading tied to President Trump's tariffs, the bond market likely pushed the president to implement a 90-day pause. Bill Cohan, Wall Street author for Puck, joins "America Decides" to explain.
Stocks rise to end volatile week for markets
After a chaotic week, the Dow Jones ended Friday in the green. Optimism that China wants a tariff deal saw the index rise 600 points for the day. Fin Gómez, CBS News political director, and JD Durkin, CBS News contributor, join "America Decides" with the latest.
Extended interview: Fed's Austan Goolsbee
Federal Reserve Bank of Chicago President Austan Goolsbee spoke with "CBS Evening News" co-anchor John Dickerson about the economic uncertainty over President Trump's sweeping tariff policy and the anxiety being felt among business leaders and consumers.
Stocks close up on hopes of tariff deals
After a tumultuous week, the Dow Jones closed more than 600 points up on Friday as investors expressed hope that countries would reach deals with President Trump on tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Mar 7: CBS News 24/7, 10am ET
Employers across the U.S. added 151,000 jobs in February; California restaurants brace for impact of tariffs.
Fed official says no "playbook" for economy woes
As the Fed tries to manage the cooldown of inflation, President Trump's tariff policy has injected a high level of uncertainty into the economy. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, joins to discuss.
Fed official on "anxiety" over Trump tariffs
The uncertainty of the trade war is rattling financial markets and businesses across the country. "CBS Evening News" co-anchor John Dickerson spoke to Austan Goolsbee, president of the Federal Reserve Bank of Chicago, about anxieties he's witnessed in the region.
What is the U.S.-China relationship now?
The White House said its tariffs on China now total 145%. Zongyuan Zoe Liu, Maurice R. Greenberg senior fellow for China studies, joins "The Daily Report" to discuss how this trade war affected U.S.-Chinese relations.
Maps show where winter storm will bring ice, snow, brutal cold this weekend
Heavy snow, ice and brutal cold are expected to make this winter storm a potentially life-threatening weather event, stretching across two-thirds of the U.S.
Ryan Wedding, Olympic athlete turned alleged drug kingpin, arrested, officials say
Ryan Wedding, a 44-year-old Canadian national, was added to the FBI's Ten Most Wanted Fugitives list last year.
School officials say 5-year-old was ICE "bait." DHS says he was abandoned.
The Department of Homeland Security disputes a Minnesota school district's claims that ICE agents used a 5-year-old boy as bait before taking the boy and his father into custody Wednesday.
Russia not backing down from demand for Ukraine to abandon territory
While the first trilateral talks between Ukraine, Russia and the U.S. are a milestone, the issue of territorial concessions remains the key sticking point
5 arrested in connection with shooting of judge, wife in Indiana
Five people have been arrested in connection with the Sunday shooting of a judge and his wife in Indiana, according to authorities.
U.S. sanctions "shadow fleet" used to transport Iranian oil
The Treasury Department announced it's sanctioning nine vessels that transport Iranian oil, as well as the ships' owners.
How Barron Trump became a remote witness in a U.K. rape case
A court hears that President Trump's youngest son called police to report an ongoing attack on a female friend in Britain after seeing it on a video chat.
Winter storm already disrupting U.S. travel as airlines cancel flights
Delta said it is canceling flights at some airports in Texas, Oklahoma and other states because of the massive winter storm expected to blast much of the U.S.
Slavery displays removed from Philadelphia historical site after Trump directive
A series of informational signs about slavery was removed Thursday from the President's House historical site in Philadelphia.
U.S.
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This week on "Sunday Morning" (Jan. 25)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Tesla Cybertruck sales plunged 48% in in 2025
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
U.S. sanctions "shadow fleet" used to transport Iranian oil
The Treasury Department announced it's sanctioning nine vessels that transport Iranian oil, as well as the ships' owners.
Ryan Wedding, Olympic athlete turned alleged drug kingpin, arrested, officials say
Ryan Wedding, a 44-year-old Canadian national, was added to the FBI's Ten Most Wanted Fugitives list last year.
MoneyWatch
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What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Tesla Cybertruck sales plunged 48% in in 2025
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
"Heated Rivalry" boosting demand for NHL tickets, SeatGeek says
Sales of tickets to NHL games jumped more than 20% after the hit HBO show debuted in the fall, according to ticket vendor.
Winter storm already disrupting U.S. travel as airlines cancel flights
Delta said it is canceling flights at some airports in Texas, Oklahoma and other states because of the massive winter storm expected to blast much of the U.S.
Most families don't earn nearly enough to afford child care, study finds
"Child care costs are just incredibly daunting for all but the wealthiest Americans," one financial expert said.
Politics
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Trump outrages NATO allies with remarks on war in Afghanistan
European veterans, families of the fallen, and politicians are voicing outrage over Trump's claim NATO allies stayed behind the front lines in Afghanistan.
Josh Shapiro recalls "strange conversation" with Trump after arson attack
Pennsylvania Gov. Josh Shapiro said President Trump called him after the April 2025 arson attack at his home in Harrisburg. He recalled the "strange conversation" he had with Mr. Trump to CBS News senior correspondent Norah O'Donnell for "CBS Sunday Morning."
U.S. sanctions "shadow fleet" used to transport Iranian oil
The Treasury Department announced it's sanctioning nine vessels that transport Iranian oil, as well as the ships' owners.
Vance acknowledges Minnesota Department of Corrections cooperating with ICE
Vice President JD Vance's acknowledgement came after he implored state leaders to help deescalate the situation in Minneapolis.
Trump says Board of Peace is withdrawing its invite to Canada
President Trump said Thursday that Canada is no longer invited to join his international Board of Peace, following days of tension between the president and the U.S.'s northern neighbor.
HealthWatch
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Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Study finds no link between Tylenol and autism
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
World
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Ukrainians struggle as Russian strikes close schools, cut heat and power
Russia's relentless strikes leave families in Kyiv without heat and power, and keep schools closed for at least a month.
Trump outrages NATO allies with remarks on war in Afghanistan
European veterans, families of the fallen, and politicians are voicing outrage over Trump's claim NATO allies stayed behind the front lines in Afghanistan.
Rower in 3,000-mile race rescued in the dark of night, hours after capsizing
Benoit Bourguet, 47, was competing in a rowing race from Spain to Antigua when large waves capsized his single-man vessel.
How Barron Trump became a remote witness in a U.K. rape case
A court hears that President Trump's youngest son called police to report an ongoing attack on a female friend in Britain after seeing it on a video chat.
Russia not backing down from demand for Ukraine to abandon territory
While the first trilateral talks between Ukraine, Russia and the U.S. are a milestone, the issue of territorial concessions remains the key sticking point
Entertainment
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Entertainment
Madison Beer opens up about music journey
Madison Beer says music has always been her escape since she started writing songs at just 6 years old. But the 26-year-old has had to navigate ups and downs in her journey to stardom. Anthony Mason reports.
"Sinners" breaks Oscar nominations record
"Sinners" set an all-time record for the most Oscar nominations with 16, including for best picture. Not far behind is "One Battle After Another" with 13 nominations. Meanwhile, "Wicked: For Good" received zero nominations, even in categories where the first "Wicked" movie won just last year.
"Heated Rivalry" boosting demand for NHL tickets, SeatGeek says
Sales of tickets to NHL games jumped more than 20% after the hit HBO show debuted in the fall, according to ticket vendor.
Jessica Williams talks new "Shrinking" season
Jessica Williams joins "CBS Mornings" to discuss the upcoming season of "Shrinking," which follows a therapist as he navigates life after the loss of his wife. She talks about her character, how her own mental health helps shape the role, and working with Michael J. Fox and Harrison Ford.
Breaking down Oscar nominations
The nominees for the 98th Academy Awards have been revealed. Fandango and Rotten Tomatoes correspondent Erik Davis breaks down the major Oscar categories.
Technology
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Microsoft says outage affecting several services has been resolved
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
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Science
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.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
Crime
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Crime
Ryan Wedding arrested, officials say
Ryan Wedding, the former Olympic snowboarder who allegedly became a drug kingpin and is accused of orchestrating multiple murders, has been arrested, FBI Director Kash Patel announced on Friday. CBS News' Anna Shecter reports.
Officials on 5-year-old boy detained by ICE
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
Ryan Wedding, Olympic athlete turned alleged drug kingpin, arrested, officials say
Ryan Wedding, a 44-year-old Canadian national, was added to the FBI's Ten Most Wanted Fugitives list last year.
Luigi Mangione is headed back to court
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, will be back in court Friday for more discussions on potential evidence for his trial. CBS News' Katrina Kaufman reports.
U.K. man accused of drugging, raping ex-wife for years to appear in court
Joanne Young has waived her right to anonymity as her ex-husband and five other men face trial for allegedly sexually abusing her over 13 years.
Space
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Space
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.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Latest Galleries
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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
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Latest CBS News Videos
Robert Redford on fame | 60 Minutes Archive
In 2001, actor and Sundance Film Festival founder Robert Redford discussed the disappointment of meeting celebrities before he became famous. "When you usually saw the people that they were, they were usually disappointing, as I'm sure I am," he said. Redford died in September.
Ryan Wedding arrested, officials say
Ryan Wedding, the former Olympic snowboarder who allegedly became a drug kingpin and is accused of orchestrating multiple murders, has been arrested, FBI Director Kash Patel announced on Friday. CBS News' Anna Shecter reports.
Power players at Davos on Trump's agenda
President Trump attended the World Economic Forum in Davos, Switzerland, amid growing tensions over his threats surrounding a U.S. Greenland acquisition. CBS News' Ed O'Keefe spoke to several U.S. and world power players who weighed in on America's impact abroad.
Latest weather forecast for winter storm
The dangerous winter storm that is bound to impact about half of Americans across the U.S. will cripple many throughout the weekend. Meteorologist Zoe Mintz has the latest weather forecast.
Officials on 5-year-old boy detained by ICE
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.