Fed meeting begins amid push for rate cuts
The Federal Reserve begins its two-day meeting on Tuesday amid renewed pressure from President Trump to cut interest rates. Madison Mills, a senior markets reporter for Axios, joins with more.
Economy
Tariffs hiked prices on some goods in August
New economic data found that heavily imported goods saw steep price hikes in August. CBS News MoneyWatch reporter Megan Cerullo has the details.
Ex-CBO director on Trump's 2nd term economy
President Trump's position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S.' foremost conservative economists, says in his first term, Mr. Trump did some "astounding" things for the economy. Holtz-Eakin joins "The Takeout" to discuss why his views on the president's second-term economic policies have turned negative.
Inflation fuels falling consumer sentiment
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
Breaking down the latest inflation numbers
New data from the Labor Department shows that inflation ticked up last month with the consumer price index rising by nearly 3% in August compared to the year before. CBS News MoneyWatch correspondent Kelly O'Grady reports.
U.S. consumer inflation increase in August
The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.
CPI rose at a rate of 2.9% in August as U.S. inflation ticked higher
Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.
Inflation is creeping higher, putting pressure on American consumers
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
New economic data shows slight dip
The Producer Price Index fell by 0.1% in August, according to new data released Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Trump responds to jobs report revisions
The Bureau of Labor Statistics revised its jobs report to show that the U.S. added 911,000 fewer jobs than previously reported between March 2024 and March 2025. Meanwhile, President Trump continued his attacks on the agency's data collection, telling reporters he should look at the revised data. CBS News business contributor Javier David has more.
Rising costs impact on the middle class
Rising costs from groceries to housing are outpacing wages and leaving many households stretched thin. CBS News business analyst Jill Schlesinger breaks down the impact on the middle class.
Labor market added 911,000 fewer jobs than earlier reported, BLS says
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
David Rubenstein: Recession not on horizon
CBS News chief Washington correspondent Major Garrett sat down with David Rubenstein, co-founder of the Carlyle Group and owner of the Baltimore Orioles, to get his outlook on the U.S. economy and more.
Will Fed cut interest rates by half a point?
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Former CBO director slams Trump's economy
The Bureau of Labor Statistics on Tuesday said the U.S. added 911,000 fewer jobs than previously reported in the 12-month period ending in March 2025. Douglas Holtz-Eakin, former director of the Congressional Budget Office, joins "The Takeout" to discuss the state of the U.S. economy.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Jobs growth revised down by 911,000
The Bureau of Labor Statistics said the U.S. labor market added 911,000 fewer jobs between April 2024 and March 2025. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Economists expect a major downward jobs revision from BLS today
Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why.
Americans' confidence in finding a new job is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Analyzing August's weak jobs report
The recent lackluster jobs report showed a cooling U.S. labor market with only 22,000 jobs added in August. CBS News MoneyWatch correspondent Kelly O'Grady has more on how it could impact the Federal Reserve's next interest rate decision.
Top Trump adviser urges for Fed reform
White House National Economic Council director Kevin Hassett told "Face the Nation with Margaret Brennan" that he believes the Federal Reserve "needs to be fully independent of political influence" as President Trump continues to pressure Fed Chair Jerome Powell to lower interest rates. CBS News business contributor Javier David has the latest.
Poll: Americans "uncertain" on economy
The CBS News polling team asked Americans to come up with one word to describe the economy, and the top one they picked was uncertain, CBS News director of elections and surveys Anthony Salvanto says as he breaks down the latest CBS News poll.
Trump goes golfing amid economic slowdown concerns
Wall Street took hits on the market after hiring slumped in August. The economy added 22,000 jobs, far below expectations, fueling fresh concerns about a slowdown. Nikole Killion has more details.
Trump signs Dept. of War order, announces 2026 G20 will be at Doral
President Trump on Friday signed an executive order to begin the process of renaming the Department of Defense to the Department of War.
Employers added 22,000 jobs in August, falling short of forecasts
The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
Live
Iran says it's up to Trump to choose between diplomacy or war
As the war with Iran hits the 7-month mark, Trump tells Axios he expects talks to resume despite neither side signaling willingness to change demands.
DOJ asks Supreme Court to allow policy ending medical care for transgender inmates
The Trump administration asked the Supreme Court to revive for now a policy cutting off medical interventions and social accommodations for transgender inmates.
Cornell fraternity rape investigation will be reopened, DA says
The investigation into an alleged rape at Cornell University in 2024 will be reopened, authorities said Monday.
SpaceX launches Starship on giant rocket's first flight to orbit
The Super Heavy-Starship rocket's 14th test flight, the first boosting the upper stage to orbit, marked a major milestone for both SpaceX and NASA.
Trump to announce largest steel plant in U.S. history will be built in Iowa
The plant is expected to create 1,750 permanent jobs in Iowa, a White House official said.
Russia hammers Ukraine's capital with major daytime drone strike
A wave of Russian strikes hit Ukraine Monday, killing at least 7 people, including a woman hit by a daytime strike on the National Academy of Sciences in Kyiv.
Princess Diana's brother says Buckingham Palace "has to gaslight" him
Charles Spencer, the brother of the late Princess Diana, spoke to "CBS Mornings" co-host Gayle King about writing his new book, "Swan Song: Diana, My Sister."
Top FBI official Andrew Bailey resigns
Bailey was originally brought in to help ease tensions between former Attorney General Pam Bondi and former FBI Deputy Director Dan Bongino.
Trump had private dinner with Anthropic CEO Dario Amodei
The dinner comes as Amodei has warned about the "exponential growth" of AI, and has called for safeguards on the industry, which President Trump has rejected.
U.S.
More U.S.
Top FBI official Andrew Bailey resigns
Bailey was originally brought in to help ease tensions between former Attorney General Pam Bondi and former FBI Deputy Director Dan Bongino.
LSU athlete beats cancer, gets surprise that leads to a night she'll never forget
A woman facing a cancer diagnosis reached out to CBS News recently with an unusual request: help her give away a night she could no longer have.
Trump administration rolls back Biden-era fuel economy standards
Regulators estimate the new rules will result in an average of 34.9 miles per gallon by model year 2031, down from an earlier projection of 50.4 mpg.
BASE jumper dies after falling from 700-foot Utah cliff
A 27-year-old BASE jumper died on Sunday, after falling about 700 feet from a cliff in Utah, authorities said.
DOJ asks Supreme Court to allow policy ending medical care for transgender inmates
The Trump administration asked the Supreme Court to revive for now a policy cutting off medical interventions and social accommodations for transgender inmates.
MoneyWatch
More MoneyWatch
Trump administration rolls back Biden-era fuel economy standards
Regulators estimate the new rules will result in an average of 34.9 miles per gallon by model year 2031, down from an earlier projection of 50.4 mpg.
Could AI really take over the internet? Here's what experts say.
Multiple incidents of AI "agents" going rogue have conjured up fears that they could take down the internet. Should we be worried?
Nvidia announces security system to stop AI agents from going rogue
Nvidia said more than 100 organizations are using the platform, which it says could have stopped the Hugging Face hack by OpenAI agents.
YouTube, the new path to Hollywood for filmmakers
Two of Hollywood's biggest hits this year – "Obsession" and "Backrooms," horror films with tiny budgets directed by YouTube creators – have studios searching for other social media-savvy talent, making YouTube a valuable new kind of film school.
TikTok settles lawsuit over youth safety concerns for at least $100 million
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
Politics
More Politics
Top FBI official Andrew Bailey resigns
Bailey was originally brought in to help ease tensions between former Attorney General Pam Bondi and former FBI Deputy Director Dan Bongino.
Trump administration rolls back Biden-era fuel economy standards
Regulators estimate the new rules will result in an average of 34.9 miles per gallon by model year 2031, down from an earlier projection of 50.4 mpg.
Trump had private dinner with Anthropic CEO Dario Amodei
The dinner comes as Amodei has warned about the "exponential growth" of AI, and has called for safeguards on the industry, which President Trump has rejected.
DOJ asks Supreme Court to allow policy ending medical care for transgender inmates
The Trump administration asked the Supreme Court to revive for now a policy cutting off medical interventions and social accommodations for transgender inmates.
Trump to announce largest steel plant in U.S. history will be built in Iowa
The plant is expected to create 1,750 permanent jobs in Iowa, a White House official said.
HealthWatch
More HealthWatch
Food safety becomes election issue as major outbreaks, recalls cause concern
Recent outbreaks of foodborne illness and high-profile recalls have made food safety a concern of voters.
Teen's headache reveals family health risk: "Saving people's lives"
Minutes into a run, Caroline McCaffrey was struck with a massive headache. The resulting medical journey would reveal a family risk for a dangerous condition.
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
Even the smallest joys can help prevent suicide, researchers say
New research highlights common themes shared by people who found reasons to keep living through dark times.
World
More World
Princess Diana's brother says Buckingham Palace "has to gaslight" him
Charles Spencer, the brother of the late Princess Diana, spoke to "CBS Mornings" co-host Gayle King about writing his new book, "Swan Song: Diana, My Sister."
Wife, daughter of top drug lord held in U.S. are captured in Colombia
The women, who are wanted for money laundering, were arrested in an operation involving the FBI, President Abelardo de la Espriella said.
Russia hammers Ukraine's capital with major daytime drone strike
A wave of Russian strikes hit Ukraine Monday, killing at least 7 people, including a woman hit by a daytime strike on the National Academy of Sciences in Kyiv.
Benjamin Satterley, pro wrestler known as "Pac," dies at 40
Benjamin Satterley, an English-born wrestler known for high-flying moves that delighted fans worldwide, was known as "Pac."
U.S.-bound flight makes emergency landing due to smoke
The jet was on a flight from Barcelona to Boston with 296 passengers when it was diverted, media reports said.
Entertainment
More Entertainment
Entertainment
Highlights from the VMA "teal" carpet
Stars stunned on the MTV Video Music Awards "teal" carpet Sunday night in Los Angeles, California. Vlad Duthiers breaks down some of the night's best moments.
Key highlights from the 2026 MTV VMAs
Madonna and Taylor Swift won big at the 2026 MTV Video Music Awards, where artists also honored Dolly Parton's legacy and celebrated new singers making their global debuts. CBS News' Vlad Duthiers reports.
VMA performance highlights
Vlad Duthiers and Denny Directo break down the most iconic performances from Sunday's MTV Video Music Awards, which included performances by Madonna, Shaboozey, Raye and more.
2026 MTV VMAs highlights include Madonna, Taylor Swift
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
The New Season: Fall 2026 - The most anticipated new movies, music, TV and more
Be on the lookout for these new entertainment offerings in the coming months, from screens to the stage, from music to the page.
Technology
More Technology
Trump had private dinner with Anthropic CEO Dario Amodei
The dinner comes as Amodei has warned about the "exponential growth" of AI, and has called for safeguards on the industry, which President Trump has rejected.
How Trump is taking on AI
President Trump is meeting with the heads of AI giants as the global concern about rogue models lingers. This comes as more details emerge about OpenAI agents apparently scanning the United Nations website thousands of times. CBS News' Weijia Jiang reports, and The Verge's Terrence O'Brien joins with more on his reporting.
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.
Trump confirms dinner with Anthropic's Amodei
President Trump confirmed a private dinner he had with Anthropic CEO Dario Amodei as the world grapples with news of rogue AI models. Axios' Maria Curi joins with more.
Could AI really take over the internet? Here's what experts say.
Multiple incidents of AI "agents" going rogue have conjured up fears that they could take down the internet. Should we be worried?
Science
More Science
Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
More Crime
Crime
Latest details on Caleb Flynn's murder trial
The trial of former "American Idol" contestant Caleb Flynn, who is charged with his wife's murder, continued on Day Eight. Prosecutors showed the courtroom videos from Flynn's initial police interviews following his wife's death. CBS News' Lana Zak has the latest.
Latest news on Cornell fraternity rape case
Authorities say an investigation into an alleged rape at Cornell University in 2024 has been reopened. CBS News' Lilia Luciano has the latest details.
5 U.K. terror plot suspects released on bail
Five suspects arrested on suspicion of preparing a terrorist act near a U.K. Royal Air Force base have been released on bail, police say.
Wife, daughter of top drug lord held in U.S. are captured in Colombia
The women, who are wanted for money laundering, were arrested in an operation involving the FBI, President Abelardo de la Espriella said.
Russia blasts Ukraine with drone strike
Russia slammed Ukraine's Kyiv with a daytime drone strike that killed several people, according to officials. CBS News' Aidan Stretch reports.
Space
More Space
SpaceX launches Starship on giant rocket's first flight to orbit
The Super Heavy-Starship rocket's 14th test flight, the first boosting the upper stage to orbit, marked a major milestone for both SpaceX and NASA.
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
Latest Galleries
More Latest Galleries
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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
Coastal floods still drowning Eastern U.S.
Massive waves are still slamming parts of the East Coast after areas in New England flooded amid a powerful nor'easter that whipped through over the weekend. Tom Hanson has the latest.
Latest details on Caleb Flynn's murder trial
The trial of former "American Idol" contestant Caleb Flynn, who is charged with his wife's murder, continued on Day Eight. Prosecutors showed the courtroom videos from Flynn's initial police interviews following his wife's death. CBS News' Lana Zak has the latest.
Lawmakers push back against Trump commercial
Some Republican and Democratic lawmakers are pushing back against President Trump's newest television ad campaign, which was paid for with taxpayer money. CBS News' Weijia Jiang has the latest.
Highlights from the VMA "teal" carpet
Stars stunned on the MTV Video Music Awards "teal" carpet Sunday night in Los Angeles, California. Vlad Duthiers breaks down some of the night's best moments.