Fed meeting minutes reveal deep splits on December rate cut decision
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
Economy
Judge blocks White House from defunding CFPB as its funds were about to run out
A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau.
Trump again floats firing Fed Chair Powell
At a news conference on Monday, President Trump again stated his desire to fire Federal Reserve Chair Jerome Powell, whose term expires in May. While some contenders to replace him have been floated, the president has made clear he wants whoever the next head of the central bank is to continue cutting interest rates. Business reporter Erin Delmore joins with analysis.
Navigating holiday gift returns
More than 70% of retailers are charging for at least one type of gift return this year, according to the National Retail Federation. Jo Ling Kent has tips for maximizing this year's gift returns.
Full interview: Brian Moynihan
Watch Margaret Brennan's full interview with Bank of America CEO Brian Moynihan, a portion of which aired on Dec. 28, 2025. Editor's note: This interview was recorded on Dec. 17, 2025.
Moynihan on new Fed chair
Bank of America CEO Brian Moynihan talks prices, affordability, inflation predictions for 2026, the "shock" from the business community when President Trump enacted tariffs and how "the market will punish people if we don't have an independent Fed." Editor's note: This interview was filmed on Dec. 17, 2025.
Why beef prices are so high right now
Beef prices are up 15% compared to last year, while chicken and pork prices are only up around 1%. "CBS Saturday Morning" goes behind-the-scenes to figure out what's behind the spike.
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Returning unwanted gifts may now come with fees
Hassle-free returns may be a thing of the past, and if you're staring at a stack of unwanted Christmas gifts, you may have to think twice before mailing them back. Dave Malkoff reports.
The business turning rejected produce into savings
Abhi Ramesh launched Misfits Market in 2018, an online grocery store that buys rejected produce from farmers and packages it for sale across the country. Skyler Henry reports.
How butchers are adapting to higher beef prices
As beef prices rise, small butcher shops are adapting to changing demand. Kelly O'Grady reports.
We asked experts to rate the U.S. economy in 2025. Here's what they said.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Financial strains of the "sandwich generation"
Between now and 2030, about 10,000 Americans will turn 65 every single day, giving rise to a term known as the "sandwich generation" -- adults who find themselves caring for their aging parents while still raising their own children. CBS News spoke to one woman about her struggles.
Midwesterners grapple with rising prices
Recent CBS News polling shows Americans have a bleak view of the state of the economy. CBS News correspondent Lana Zak has firsthand insight into how Americans are dealing with economic pressures this holiday season.
Economic views fall short of early 2025 hopes
Americans entered 2025 with optimistic expectations for jobs, inflation and living costs. But as we near the end of the year, recent CBS News polling finds that only 32% of people view the current economy positively. CBS News executive director of elections and surveys Anthony Salvanto breaks down the results.
Role of Trump's tariffs in Q3 GDP surge
New government data reveals the U.S. economy saw a major surge in the third quarter of 2025. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the results.
Consumer confidence continues to fade despite heady economic growth
Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said.
U.S. GDP grew at a blistering 4.3% pace in the third quarter
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
What the 4.3% GDP increase shows
Gross domestic product grew 4.3% in the third quarter of 2025, indicating some small economic growth despite concerns over tariffs and inflation. CBS News contributor Javier David has more details.
Poll: Americans sour on state of economy
According to new CBS News polling, more Americans attribute the state of the economy to President Trump rather than to former President Joe Biden. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Hassett on tariff checks
Top White House economic adviser Kevin Hassett said that President Trump's proposed $2,000 checks to Americans from tariff revenue would "have to be money that would be an appropriation," which would have to be approved by Congress.
How Americans grade the economy in 2025
As 2025 wraps up, a new CBS News poll finds it's another in a string of years after the 2020 pandemic in which most Americans consistently voiced negative views about the economy amid ongoing concerns about costs -- a topic that looks poised to dominate 2026, too. Anthony Salvanto explains.
Want to work in AI? Here are the skills to master, economist says
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Trump holding North Carolina rally on economy
President Trump is holding a rally in North Carolina on Friday as he works to turn around public opinion on the economy. CBS News congressional correspondent Nikole Killion reports.
How one butcher is handling rising beef costs
Beef prices are up nearly 15% year-over-year as the U.S. cattle population falls to its lowest level since 1973. Stephen Boyer, owner of The Country Butcher in Connecticut for nearly 40 years, shares his concerns about the rising costs.
DHS funding bill passes House, but shutdown drags on as Senate approves its own plan
The House passed a measure to fund DHS for 60 days — but it's still unclear how the shutdown will end as the Senate is on recess.
Live
Iran war rages, Strait of Hormuz still blocked as Trump pushes for a deal
The Trump administration is awaiting Iran's formal response to its 15-point peace proposal, as Tehran continues blocking the Strait of Hormuz.
Tiger Woods charged with DUI after crash in Florida, authorities say
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
10 Americans injured in Iranian attack on Saudi air base
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
Why seizing Iran's nuclear stockpile would be "one of the riskiest" missions
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
Colombian mayor says body found in search for missing U.S. flight attendant
Eric Fernando Gutierrez Molina, 32, a U.S. citizen and North Texas resident, went missing Saturday evening after a night out with a fellow flight attendant.
U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Secret Service agent assigned to Jill Biden accidentally shoots himself at airport
Police said a Secret Service agent assigned to Jill Biden accidentally shot himself at Philadelphia International Airport.
Bank of America reaches $72.5 million settlement in Epstein lawsuit
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
U.S.
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Bank of America reaches $72.5 million settlement in Epstein lawsuit
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Artemis II astronauts arrive in Florida to prepare for launch to the moon
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
Tiger Woods charged with DUI after crash in Florida, authorities say
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
Why seizing Iran's nuclear stockpile would be "one of the riskiest" missions
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
MoneyWatch
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Bank of America reaches $72.5 million settlement in Epstein lawsuit
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
Education Department tells 7.5 million SAVE borrowers to prepare for repayment
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
How soon will TSA lines return to normal after the shutdown ends?
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
Should you rely on AI to do your taxes? Experts warn of risks.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
CBS News gas and oil price tracker shows how much energy costs are rising
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
Politics
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Education Department tells 7.5 million SAVE borrowers to prepare for repayment
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
10 Americans injured in Iranian attack on Saudi air base
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
Why seizing Iran's nuclear stockpile would be "one of the riskiest" missions
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
Iran's response to U.S. peace proposal expected Friday, sources say
The Iranian response to the U.S.' 15-point peace proposal is expected on Friday, multiple sources familiar with the matter told CBS News.
HealthWatch
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What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
World
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U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
10 Americans injured in Iranian attack on Saudi air base
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
U.S. appears to drop anti-tank mines in Iranian village, analysts say
Iranian state media reported that "explosive packages" slightly larger than tuna cans had been dropped by aircraft over the area. U.S. Central Command declined to comment.
Why seizing Iran's nuclear stockpile would be "one of the riskiest" missions
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
Colombian mayor says body found in search for missing U.S. flight attendant
Eric Fernando Gutierrez Molina, 32, a U.S. citizen and North Texas resident, went missing Saturday evening after a night out with a fellow flight attendant.
Entertainment
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Entertainment
Billy Idol on his career highs and lows
Rockstar Billy Idol spoke to Anthony Mason about how he broke into music, why he says he's lucky to be alive and what it's like to be a grandparent.
How "Love Story" has captivated audiences
The finale of the FX series "Love Story" aired Thursday and has captivated audiences as it follows the romance between John F. Kennedy. Jr. and Carolyn Bessette Kennedy. The limited series focuses on well-documented moments in the couple's lives, but fills in the rest with fiction. It has also received some backlash. Adriana Diaz reports.
Savannah Guthrie on mom's disappearance
Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
Netflix raises its subscription prices for the second time in 2 years
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie is returning to "Today" show on April 6, NBC says
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
Technology
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Technology
Judge blocks Pentagon's Anthropic risk label
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
Kentucky family rejects millions for land
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
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.
CBS News poll analysis on what jobs AI should be doing
As AI use rises, many see it decreasing the number of jobs available.
What jobs are most at risk from AI
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Science
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Arctic sea ice hits lowest winter level as heat records are shattered worldwide
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Sharks in Bahamas test positive for caffeine, painkillers, cocaine
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Amputee sea turtle being tracked at sea from space
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Crime
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Crime
Tiger Woods charged with DUI after crash
Tiger Woods was charged with driving under the influence after a car crash in Jupiter, Florida, on Friday, authorities announced during a news conference. CBS News' Anna Schecter joins with more.
Loyola student murder suspect attends hearing
The man suspected in the murder of Loyola University freshman Sheridan Gorman had his detention hearing on Friday. CBS News reporter Ash-har Quraishi has the details.
Judge hears arguments in Fulton County case
A federal judge is hearing arguments on the Fulton County case involving alleged voting irregularities during the 2020 election. CBS News' Skyler Henry reports.
Judge denies Maduro's move to dismiss charges
A federal judge ruled against former Venezuelan President Nicolás Maduro's request to have charges against him dismissed. CBS News' Lilia Luciano reports.
Secret Service agent assigned to Jill Biden accidentally shoots himself at PHL
Police said a Secret Service agent assigned to Jill Biden accidentally shot and injured himself at Philadelphia International Airport.
Space
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Space
Crew arrives ahead of Artemis II launch
Four NASA astronauts are gearing up for a historic mission to return humans to deep space for the first time in over 50 years. The crew touched down at the Kennedy Space Center in Florida on Friday for final preparations ahead of next week's planned Artemis II launch. CBS News space consultant Bill Harwood has more.
Final preparations underway for Artemis II launch
It's the dawn of a new lunar era for NASA, with the four-person Artemis II crew arriving Friday afternoon at Florida's Kennedy Space Center after spending two weeks quarantining in Houston. CBS News space contributor Christian Davenport joins "The Takeout" to preview the mission.
Artemis II astronauts arrive in Florida to prepare for launch to the moon
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
Artemis II crew arrives at Kennedy Space Center
The countdown is on for NASA's return to the moon. CBS News senior national correspondent Mark Strassmann reports on the upcoming Artemis II launch from the Kennedy Space Center in Cape Canaveral, Florida.
In a first, scientists observe a comet reversing its spin
The comet originated in the outer solar system and visits the inner solar system every 5.4 years.
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
Team that appealed own victory gets award
A girls' basketball team appealed their victory after the coach discovered they didn't actually win. Now, they're being lauded for their character. Steve Hartman has the update.
What to watch as March Madness heads into Elite 8
By the end of the night, the NCAA men's March Madness tournament will be down to just eight teams left. Nate Burleson has a preview.
Trump says "substantial talks" with Iran underway
According to a statement from Iran's Revolutionary Guards, the Strait of Hormuz is closed, and they vowed a severe response to any ship trying to get through. That seemed to contradict President Trump's claim that Iran had allowed 10 ships through the Strait as a gift. Holly Williams has details.
TSA officer says he can't afford gas for commute
Long lines at Phoenix Sky Harbor Airport over the last week have been driven by TSA officer sick calls. Pascual Contreras, a TSA officer and union official, was one of them. Kris Van Cleave reports.
Shutdown fight grows as Johnson slams Senate deal
House Speaker Mike Johnson said the lower chamber would vote "as soon as possible" on its own plan to fund the Department of Homeland Security after the Senate-approved legislation to fund most of the department, including the TSA, faced major hurdles in the House. Nikole Killion has the latest.