Dec 12: CBS News 24/7, 10am ET
Trump rings opening bell at New York Stock Exchange; Mysterious drone sightings over New Jersey prompt concerns from residents and lawmakers.
Economy
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted Rossman joins "The Daily Report" to discuss.
Stocks rise, a day after disappointing forecast from Fed triggers sell-off
U.S. stocks are stabilizing following one of their worst days of the year.
Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
Dow plunges after Powell's comments on rate cuts
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock markets came after Federal Reserve Chairman Jerome Powell's remarks that the Fed may not slash rates in 2025 as much as had initially been projected. Kelly O'Grady explains.
The Fed's rate cuts impact on Americans
The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full percentage point since September. CBS News contributor Javier David breaks down its impact.
Fed makes final 2024 interest rate decision
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady joins to break down the move.
Canada's Justin Trudeau faces calls to resign
President-elect Donald Trump's proposed tariffs on Canada haven't even gone into effect and they've already plunged Prime Minister Justin Trudeau's government into turmoil. On Monday, Trudeau's finance minister and deputy prime minister resigned, sharing a sharply critical assessment of her old boss in a public letter. Mercedes Stephenson, Ottawa bureau chief for Canada's Global News, joins "America Decides" to discuss Trudeau's future.
Jerome Powell on U.S. economy after cut
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's expected next.
Trump holds 1st post-election news conference
President-elect Donald Trump held his first post-election news conference Monday. While speaking to reporters at his Mar-a-Lago estate in Florida, Trump addressed a range of issues including his Cabinet picks, foreign policy and trade. CBS News chief Washington correspondent Major Garrett has the details.
Cohn: Trump inheriting a "very good economy"
Gary Cohn, the IBM vice chairman who served as an economic adviser in Trump's first term, tells "Face the Nation with Margaret Brennan" that President-elect Donald Trump is inheriting a "very good economy, a very stable economy" and "net-net, we are talking about a very positive business and cycle going forward into 2025."
Big Crypto | Sunday on 60 Minutes
Rarely in American politics has a new industry spent so much money, with such apparent impact, as the cryptocurrency business did in the last election. This Sunday, Margaret Brennan reports on the industry's hopes for the new “pro-crypto” administration.
The potential impact of tariffs on toy prices
President-elect Donald Trump's promise to impose tariffs could cause toy prices to increase, as 85% of those sold in the U.S. are imported from China. NPR chief economics correspondent Scott Horsley joins "The Daily Report" to discuss the tariffs' potential impact on the toy industry.
Why Wall Street is anticipating Trump's term
President-elect Donald Trump returned to his hometown of New York City on Thursday to ring the opening bell at the New York Stock Exchange. Wall Street investors seem to have embraced the incoming administration as all three major indexes have hit record highs since Election Day. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Trump reiterates immigration promises
President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday to celebrate being recognized as Time's Person of the Year once again. In an interview with the magazine, Trump reiterated his plan to carry out mass deportations when he takes office. CBS News congressional correspondent Nikole Killion has more.
Trump Person of the Year interview takeaways
President-elect Donald Trump will succeed Taylor Swift as Time Magazine's Person of the Year. It's the second time Trump has been awarded that distinction. CBS News' Nikole Killion and Jennifer Jacobs have more.
Trump rings bell at New York Stock Exchange
President-elect Donald Trump visited Wall Street and the New York Stock Exchange Thursday morning where he rang the opening bell to start trading for the day. CBS News MoneyWatch correspondent Kelly O'Grady and CBS News contributor J.D. Durkin have more on Trump's visit and the state of the economy.
Why are prices still stubbornly high?
The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in line with economists' expectations. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
How mass deportations could devastate economy
President-elect Donald Trump plans to deport up to 11 million undocumented immigrants. But how much will it cost? Jeremy Robbins, executive director for the American Immigration Council, joins "America Decides" to look at the impact many say will go far beyond the billions needed just to carry out the removals.
Biden touts economic legacy before Trump term
President Biden touted his economic record during a speech on Tuesday, despite high prices being a key factor in President-elect Donald Trump's win. CBS News political correspondent Caitlin Huey-Burns has more.
Judge blocks Kroger-Albertsons merger for now
A federal judge has temporarily blocked the merger of grocery giants Kroger and Albertsons after a three-week hearing. The Federal Trade Commission sued over the $25 billion deal in February, asking that it be put on hold to allow more time for an FTC administrative judge to examine its potential impacts. The FTC claims that allowing Kroger and Albertsons to merge would lead to less competition in the grocery industry and higher prices.
Who is David Sacks, Trump's crypto, AI czar?
The second Trump administration is poised to be a powerful ally for the crypto industry. President-elect Donald Trump spoke highly of cryptocurrencies on the campaign trail, and his cabinet picks reflect that, with former PayPal executive David Sacks set to serve as Trump's crypto and artificial intelligence czar. Makena Kelly, senior politics reporter for Wired, joins CBS News to dig into Sacks' background.
Trump doubles down on concept of health plan
When pressed on his health care policy over the weekend, President-elect Donald Trump was unable to give specifics about a path forward. Political strategists Joel Payne and Matt Gorman join "America Decides" with analysis.
Teens want to learn about financial topics, but only 10 states require it
Only 10 states require a personal finance course for high schoolers, but one teacher says she tells her students it's the most important course they will take.
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Live
Trump and Iran trade conflicting messages over prospect of talks
Iran balked at President Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
Exclusive
U.S. Army sergeant's wife detained by ICE in Texas after immigration appointment
The wife of a 27-year Army sergeant was detained by ICE at an immigration appointment in Texas. He says he doesn't understand why, and "ICE is out of control right now."
8 children killed in shooting in Louisiana as father targets his family
The gunman, who is also dead, shot 10 people in total, according to police. All eight who died were children from 3 to 11 years old, police said.
Kash Patel sues The Atlantic for $250 million over story on alleged drinking
FBI Director Kash Patel filed a defamation lawsuit against The Atlantic, saying a recent story about his alleged frequent drinking and absences included "false and obviously fabricated" claims.
Witnesses in criminal probe of ex-CIA Director Brennan subpoenaed, sources say
The subpoenas went out shortly after the Justice Department appointed conservative Trump ally Joe DiGenova to formally take over the criminal investigation into John Brennan.
D4vd charged with murder in connection with death of 14-year-old girl
D4vd, whose real name is David Burke, is charged with first-degree murder with special circumstances, lewd and lascivious acts with an individual under 14, and mutilating a body.
Netanyahu vows punishment for Israeli soldier shown hitting Jesus statue
Israeli Prime Minister Benjamin Netanyahu says a soldier seen in a photo hitting a statue of Jesus Christ with a sledgehammer will face "harsh disciplinary action."
Tariff refund portal off to bumpy start as some businesses report glitches
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
U.S.
More U.S.
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Tariff refund portal off to bumpy start as some businesses report glitches
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
Sen. Mark Warner's daughter dies at 36 after long diabetes battle
Democratic Sen. Mark Warner of Virginia announced on Monday that his daughter Madison has died following a lengthy battle with juvenile diabetes and other health issues.
Neighbors recall "full-blown shootout" as father targeted kids in shooting
Neighbors who witnessed the deadly mass shooting of eight children in Shreveport, Louisiana, recalled what whey heard and saw as the massacre took place early Sunday.
Kash Patel sues The Atlantic for $250 million over story on alleged drinking
FBI Director Kash Patel filed a defamation lawsuit against The Atlantic, saying a recent story about his alleged frequent drinking and absences included "false and obviously fabricated" claims.
MoneyWatch
More MoneyWatch
Tariff refund portal off to bumpy start as some businesses report glitches
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
United merger with American Airlines would hurt consumers, senators say
Airlines could hike ticket prices and fees if United and American were to join forces, lawmakers warn.
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
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.
Politics
More Politics
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Sen. Mark Warner's daughter dies at 36 after long diabetes battle
Democratic Sen. Mark Warner of Virginia announced on Monday that his daughter Madison has died following a lengthy battle with juvenile diabetes and other health issues.
Witnesses in criminal probe of ex-CIA Director Brennan subpoenaed, sources say
The subpoenas went out shortly after the Justice Department appointed conservative Trump ally Joe DiGenova to formally take over the criminal investigation into John Brennan.
Kash Patel sues The Atlantic for $250 million over story on alleged drinking
FBI Director Kash Patel filed a defamation lawsuit against The Atlantic, saying a recent story about his alleged frequent drinking and absences included "false and obviously fabricated" claims.
United merger with American Airlines would hurt consumers, senators say
Airlines could hike ticket prices and fees if United and American were to join forces, lawmakers warn.
HealthWatch
More HealthWatch
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including 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.
World
More World
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
For Jewish Iranians, war with Israel brings a flood of mixed emotions
Jewish Iranians tell CBS News the war with Israel has brought conflicting emotions, and they wish leaders in both countries would "let us live in peace."
Humanoid robot beats human half-marathon world record in Beijing
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
2 U.S. Embassy officials among 4 killed in car crash after drug lab raid
After six synthetic drug labs were raided, the victims' vehicle skidded off the road and plunged into a ravine, officials said.
Netanyahu vows punishment for Israeli soldier shown hitting Jesus statue
Israeli Prime Minister Benjamin Netanyahu says a soldier seen in a photo hitting a statue of Jesus Christ with a sledgehammer will face "harsh disciplinary action."
Entertainment
More Entertainment
Entertainment
What to know on the "Matlock" season finale
"Matlock" stars Skye P. Marshall and Jason Ritter join CBS News with more clues ahead of the show's season finale.
Indigo Girls' member reveals incurable medical disorder affecting her voice
Emily Saliers, one-half of the Atlanta folk duo The Indigo Girls, has revealed that she has been diagnosed with two incurable movement disorders that will forever change the way that she sings.
D4vd expected to face murder charge
The Los Angeles County District Attorney's Office is expected on Monday to charge singer-songwriter d4vd with murder, seven months after 14-year-old Celeste Rivas' body was found in a car that he owned. The 21-year-old musician was arrested last week. Matt Gutman reports.
4/19: Sunday Morning
Hosted by Jane Pauley. Featured: The purge of immigration judges; seeking accountability in trucking accidents; Don Cheadle and Ayo Edebiri on Broadway; portraitist Michael Shane Neal; the legacy of woodworker George Nakashima; an operatic car salesman; and Earth Day stories of advances in sustainability.
A portrait of portraitist Michael Shane Neal
Michael Shane Neal, perhaps America's greatest living portraitist, recently fulfilled a long-held ambition: to paint a living president. He talks with correspondent Martha Teichner about producing a portrait of former President Joe Biden. He also discusses "being in the zone" while painting a portrait; following in the footsteps of famed artists Everett Raymond Kinstler and John Singer Sargent; and becoming a TikTok fashion icon.
Technology
More Technology
Humanoid robot beats human half-marathon world record in Beijing
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue 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.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Science
More Science
Science
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Breeding a better bread
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
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.
Crime
More Crime
Crime
Singer d4vd charged with murder of teen
Los Angeles County District Attorney Nathan Hochman announced singer d4vd has been charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez, whose dismembered body was found in a Tesla registered to the musician last September.
D4vd charged with murder in connection with death of Celeste Rivas Hernandez
D4vd, whose real name is David Burke, is charged with first-degree murder with special circumstances, lewd and lascivious acts with an individual under 14 and mutilating a body.
U.S. Army sergeant on wife's ICE detaintion
Sgt. First Class Jose Serrano, an active-duty U.S. Army sergeant who has served in the military for 27 years, says his wife was arrested by ICE during an appointment at an immigration office in El Paso. CBS News' Camilo Montoya-Galvez reports.
Neighbors recall "full-blown shootout" as father targeted kids in shooting
Neighbors who witnessed the deadly mass shooting of eight children in Shreveport, Louisiana, recalled what whey heard and saw as the massacre took place early Sunday.
Man killed 8 in "execution-style" shooting
Shamar Elkins, who served in the Louisiana Army National Guard from 2013 to 2020, killed 8 children in a mass shooting that began as a domestic dispute in Shreveport, Louisiana, on Sunday, officials say. CBS News' Jason Allen has more.
Space
More Space
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
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.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
House GOP's campaign arm raises $47 million
House Republicans' campaign arm brought in a record-breaking $47.1 million fundraising haul to start the 2026 midterm cycle, the committee chairman told CBS News in an interview. CBS News' Fin Gómez has more.
Senate vote expected this week on DHS funding
Pressure is building on Capitol Hill for Congress to end the DHS shutdown that's dragged on for months. CBS news congressional correspondent Caitlin Huey-Burns has more.
Several questions remain about U.S.-Iran talks
The Iran regime said Monday that it has no plans to attend peace talks in Pakistan with President Trump's top three negotiators, including Vice President JD Vance, as Tehran balks at what it considers "unreasonable and unrealistic demands" by the White House. CBS News correspondent Natalie Brand has more.
Singer d4vd charged with murder of teen
Los Angeles County District Attorney Nathan Hochman announced singer d4vd has been charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez, whose dismembered body was found in a Tesla registered to the musician last September.
Details on U.S. seizure of Iranian cargo ship
U.S. forces fired on and then seized an Iranian vessel over the weekend, intensifying the standoff over the Strait of Hormuz. CBS News senior national security correspondent Charlie D'Agata has more.