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.
Economy
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.
San Antonio mayor on Trump's tariffs
Some of America's biggest cities that export goods to neighboring countries, like Mexico and Canada, are concerned about what President Trump's new tariffs mean for their local economies. San Antonio Mayor Ron Nirenberg joins "The Daily Report" to discuss.
Why markets fell despite Trump's tariff pause
One day after a historic rally on Wall Street, the markets were back in the red on Thursday. The sell-off wiped out some of Wednesday's gains and the market volatility comes as investors remain cautious about the future of global trade. CBS News' Kelly O'Grady and Fin Gomez have the latest details.
Trump praises Whitmer after tariff critiques
Michigan Gov. Gretchen Whitmer's unexpected Oval Office visit on Wednesday has angered some Democrats and earned her praise from President Trump. Political strategists Ofirah Yheskel and Kevin Sheridan join "America Decides" with analysis.
What's next for Trump-backed budget plan?
The House narrowly passed a budget blueprint on Thursday that includes cuts to taxes and spending, a big step toward eventually approving President Trump's economic agenda. CBS News congressional correspondent Nikole Killion explains what happens now that the plan has passed.
Trump acknowledges tariff "transition cost"
The stock market slid Thursday, even as the White House said dozens of countries were coming to the table to talk about tariffs. President Trump acknowledged that there would be what he calls "transition problems" with his economic policies. CBS News' Kelly O'Grady and Willie James Inman report.
Wednesday's stock gains mostly erased
Stock markets slumped on Thursday, erasing much of the previous day's gains as investors continue to navigate President Trump's tariff strategy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Prices may still rise despite tariff reversal
CBS News MoneyWatch correspondent Kelly O'Grady explains the latest change in financial markets after President Trump's tariff pause, plus if consumers should still plan for higher prices.
Exclusive
CBS News took a boat into the Strait of Hormuz. Here's what we saw.
Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
Trump signs order to research psychedelic used abroad to treat PTSD
The executive order will open the door for more research into the psychedelic drug ibogaine, sources told CBS News earlier this week.
Live
Iran reimposes Strait of Hormuz restrictions, citing U.S. blockade
Iran swiftly reversed course on reopening the Strait of Hormuz after the U.S. said the move would not end its blockade.
Trump says Iranians have "agreed to everything," including removal of enriched uranium
President Trump spoke with CBS News Friday in a new telephone interview.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
Midwest, Great Lakes brace for more severe storms
Severe thunderstorms are forecast across the Southern Plains, Mississippi Valley and Great Lakes on Saturday.
U.S. delegation visited Cuba last week as Trump heaped pressure on island
A delegation of senior State Department representatives traveled to Cuba via a U.S. government plane last week, officials said, a diplomatic opening amid intense pressure from the Trump administration.
Lead prosecutor on probe into John Brennan is removed from case, sources say
Maria Medetis Long, who was overseeing a criminal investigation into whether former CIA Director John Brennan lied to Congress is no longer assigned to the case.
Thomas, Alito not planning to retire from Supreme Court this year, sources say
Sources close to Supreme Court Justices Samuel Alito and Clarence Thomas tell CBS News neither is planning to retire this year.
U.S.
More U.S.
Record U.S. drought sparks fears about wildfires, water and food prices
Meteorologists said the drought is a bad sign for the upcoming wildfire season, food prices and existing water issues.
U.K. man pleads guilty to hacking scheme that stole $8 million
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
Midwest, Great Lakes brace for more severe storms
Severe thunderstorms are forecast across the Southern Plains, Mississippi Valley and Great Lakes on Saturday.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
MoneyWatch
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Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Airlines cut routes in response to rising jet fuel costs amid Iran war
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Oil prices plummet after Iran says Strait of Hormuz is "completely open"
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Here's who is spending money on AI subscriptions, and how much they cost
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
Ford recalls nearly 1.4 million pickup trucks due to gearshift issue
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Politics
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Trump signs order to research psychedelic used abroad to treat PTSD
The executive order will open the door for more research into the psychedelic drug ibogaine, sources told CBS News earlier this week.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
U.S. delegation visited Cuba last week as Trump heaped pressure on island
A delegation of senior State Department representatives traveled to Cuba via a U.S. government plane last week, officials said, a diplomatic opening amid intense pressure from the Trump administration.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
HealthWatch
More HealthWatch
Trump signs order to research psychedelic used abroad to treat PTSD
The executive order will open the door for more research into the psychedelic drug ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
RFK Jr. defends proposed 12% health budget cut, measles response in House testimony
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
Trump announces he's nominating Dr. Erica Schwartz for CDC director
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
World
More World
U.S. delegation visited Cuba last week as Trump heaped pressure on island
A delegation of senior State Department representatives traveled to Cuba via a U.S. government plane last week, officials said, a diplomatic opening amid intense pressure from the Trump administration.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
Trump says Iranians have "agreed to everything," including removal of enriched uranium
President Trump spoke with CBS News Friday in a new telephone interview.
U.S. could send senior officials back to Pakistan for Iran talks within days, sources say
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
Exclusive
CBS News took a boat into the Strait of Hormuz. Here's what we saw.
Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
Entertainment
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Entertainment
The Lone Bellow performs "You Were Leaving"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "You Were Leaving."
The Lone Bellow performs "No Getting Over You"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "No Getting Over You."
The Lone Bellow performs "I Did It For Love"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "I Did It For Love."
What we know about d4vd's arrest
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
AI version of Val Kilmer to star in new movie
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
Technology
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Technology
Experts have warning for AI-generated podcasts
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
AI "agents" can do your shopping. Should you let them?
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
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.
AI version of Val Kilmer to star in new movie
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
Key takeaways on Anthropic's new AI model
More concerns are emerging about Anthropic's new Mythos AI model. Matt Shumer, a former AI company founder and CEO, joins CBS News with more details.
Science
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First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
More Crime
U.K. man pleads guilty to hacking scheme that stole $8 million
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
What we know about d4vd's arrest
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
500 pounds of liquid meth found after Fort Worth crash; 2 dead
Two people were found dead when a minivan carrying nearly 500 pounds of liquid meth worth up to $3 million crashed in a Fort Worth neighborhood.
Why Todd Lyons is leaving his ICE role
Acting head of U.S. Immigration and Customs Enforcement Todd Lyons is planning to leave his post soon, U.S. officials familiar with his plan told CBS News. Camilo Montoya-Galvez reports.
ICE agent faces assault charges
Immigration and Customs Enforcement agent Gregory Morgan Jr. of Temple Hills, Maryland, is facing assault charges for allegedly pointing a gun at two people in Minnesota. CBS News' Jonah Kaplan reports.
Space
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Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
9 highlights from Artemis II's epic journey around the moon
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
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
Making the most of your life insurance
"CBS Saturday Morning" shares tips on how to make the most of your life insurance.
Why World Cup travel costs are so high
A round-trip train ticket from New York or New Jersey to World Cup games at Metlife Stadium will cost $150 each. "CBS Saturday Morning" breaks down the reasons behind the price hike.
Pope Leo urges Cameroon to reject violence
Pope Leo XIV stopped in Cameroon as part of his 11-day Africa trip. During a Mass attended by over 100,000 people, he urged the crowd to reject violence.
Eye Opener: Violent storms slam Midwest
Violent tornadoes slammed the Midwest overnight. Meanwhile, questions remain over the Strait of Hormuz. All that and all that matters in today's Eye Opener.
The Lone Bellow performs "You Were Leaving"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "You Were Leaving."