3 reasons the Federal Reserve's interest rate pause is worrying investors
Fed Chairman Jerome Powell used the phrase "we don't know" at least 14 times during his press conference. Investors are nervous.
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Fed Chairman Jerome Powell used the phrase "we don't know" at least 14 times during his press conference. Investors are nervous.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, citing economic uncertainty, including potential impacts from the war in Iran. CBS News coordinating producer Richard Escobedo has the details.
Oil prices edged slightly lower on Wednesday as markets reacted to news of a deal between Baghdad and Erbil that would resume oil exports out of Iraqi Kurdistan. Megan Leonhardt, a senior writer for Barron's, joins with more.
Since the start of the Iran war, gas prices have increased by 27%, and diesel prices have increased by 34%. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins to examine the potential impact of the war on the overall economy.
This week on "Face the Nation with Margaret Brennan," amid new strikes from Israel and Iran in the Middle East, Margaret Brennan speaks to Iranian Foreign Minister Abbas Araghchi and Trump economic adviser Kevin Hassett. Plus, Rep. Dan Crenshaw and Sen. Mark Warner join.
The economic risks of the war in Iran are getting real for Americans at home. Stock markets ended the week down again as the conflict dragged on. This as U.S. crude oil costs are pumped up. Andres Gutierrez has more on the energy shock.
"CBS Saturday Morning" offers tips for avoiding scams this tax season.
Iran continues to harass vessels in the Strait of Hormuz, and the prospect of U.S. naval escorts appears more likely. But when that would occur remains a mystery. CBS News' Matt Gutman and Aaron MacLean have the latest.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
Months after the U.S. minted its last penny, Americans are experiencing a shortage of the one-cent coin. CBS News reporter Kati Weis has the details on how some states are working on legislation to address the rounding issue in cash purchases.
For American drivers, the cost of the war with Iran is already showing up at the pump. But there's a bigger warning light flashing for the economy: diesel. Kelly O'Grady explains.
The Fertilizer Institute says the war with Iran is disrupting the fertilizer supply chain and pushing prices up roughly 30% in the past few weeks. Lance Lillibridge, a farmer in Vinton, Iowa, joins CBS News to discuss the impact he's seeing.
President Trump on Wednesday made stops in Ohio and Kentucky to promote his economic agenda ahead of this year's midterm elections. He also addressed the Iran war and rising gas prices. The cost of oil has already had an impact on some businesses. Weijia Jiang reports.
The Strait of Hormuz sees roughly 20% of the world's oil flow through it, and tankers are stalled on both sides of the narrow chokepoint amid suspected Iranian drone attacks, rattling oil markets. Mike Sommers, president and CEO of the American Petroleum Institute, joins "The Takeout" with analysis.
Rep. Adam Smith of Washington state, the ranking Democrat on the House Armed Services Committee, opposes the war in Iran and wants Congress to be much more involved in policymaking. Smith joins "The Takeout" with his perspective.
Suspected Iranian drones hit at least three ships in and around the Strait of Hormuz overnight as fighting in the vital shipping lane escalates. CBS News chief correspondent Matt Gutman reports from Tel Aviv, Israel.
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
February's CPI report shows inflation held steady. Erin Delmore, a geoeconomics correspondent, joins to break it down.
CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about how to best utilize your tax refund. The IRS says it has already received more than 51 million returns. (Sponsored by Edward Jones)
The pressure to reopen the Strait of Hormuz is intensifying, along with the rhetoric around it from the U.S. and Iran. Matt Smith, an analyst at the data firm Kpler, joins to discuss.
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
Stock markets plunged on Monday as the price of oil hit more than $100 per barrel for the first time since July 2022. Noam Raydan, a senior fellow at the Washington Institute for Near East Policy, joins with more.
Oil prices have soared as the war against Iran continues on its 10th day, hitting $100 per barrel for the first time since July 2022. Kristin Myers, the ETF editor-in-chief for Asset TV, breaks down the economic impact. Salvatore R. Mercogliano, an adjunct professor at U.S. Merchant Marine Academy, breaks down where things stand with the Strait of Hormuz.
As Iran retaliates for an Israeli strike on the South Pars gas field, one analyst warns the war is "now hitting the plumbing of the global energy system."
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
Two former FBI agents who helped investigate President Trump's efforts to overturn the 2020 presidential election results sued the federal government, alleging they were wrongfully terminated.
Fed Chairman Jerome Powell used the phrase "we don't know" at least 14 times during his press conference. Investors are nervous.
Defense Secretary Pete Hegseth said the U.S. has struck more than 7,000 targets across Iran since the war began.
Even after accounting for record-high detention populations, the rate of deaths per 10,000 ICE detainees was the highest in 2025 than in any year since the COVID-19 pandemic hit in 2020.
"The morale is getting worse by the day because no one knows when this is gonna end," said Cameron Cochems, a lead TSA officer in Boise, Idaho.
Jeffrey Epstein's lawyer testified to the House Oversight Committee that he "had no knowledge whatsoever" of his client's crimes.
Two tugboat crew members were killed and two others were injured in what the Coast Guard called a "confined space incident" aboard a barge in Alaska.
Fed Chairman Jerome Powell used the phrase "we don't know" at least 14 times during his press conference. Investors are nervous.
Royer Perez-Jimenez was arrested by the Volusia County Sheriff's Office in January, according to ICE.
Two former FBI agents who helped investigate President Trump's efforts to overturn the 2020 presidential election results sued the federal government, alleging they were wrongfully terminated.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
The Senate Homeland Security and Governmental Affairs Committee advanced Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security.
Fed Chairman Jerome Powell used the phrase "we don't know" at least 14 times during his press conference. Investors are nervous.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Swarmer is likely to be the first of many: a Ukrainian defense startup with an American face that leans on U.S. capital to scale production for both the Ukrainian and American militaries.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
At a time when our nation is splintered in many areas of public life, the New Jersey Senator writes how virtue is a strategy to rekindle the belief that Americans' destiny is bound together.
Two former FBI agents who helped investigate President Trump's efforts to overturn the 2020 presidential election results sued the federal government, alleging they were wrongfully terminated.
The following is the full transcript of the interview with International Atomic Energy Agency Director-General Rafael Grossi, a portion of which will air on "Face the Nation with Margaret Brennan" on March 22, 2026.
The Senate Homeland Security and Governmental Affairs Committee advanced Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security.
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Two sources confirmed to CBS News that Saleh Mohammadi, a young member of Iran's national wrestling team, was among the three men executed in Iran.
Excavations at the site of the 1802 Mentor shipwreck uncovered a marble fragment that may have ties to the Parthenon in Ancient Greece, officials say.
The following is the full transcript of the interview with International Atomic Energy Agency Director-General Rafael Grossi, a portion of which will air on "Face the Nation with Margaret Brennan" on March 22, 2026.
U.S. author Jessica Joelle Alexander says Americans should consider adopting some of Denmark's "great parenting practices."
Satellite companies restrict access to images of the Middle East as the Iran war rages, with one citing concern data could be exploited "by adversarial actors."
Grammy winner Alessia Cara is debuting a new album 10 years into her music career. Cara joined CBS News with details on her latest collaborations.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
Spoiler alert! The latest contestant eliminated from "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss his surprising elimination and if he has any regrets about how he played the game.
David Margolick's biography of Sid Caesar explores how the 1950s comic reinvented the art of comedy in the new medium of television.
Grammy-nominated singer and actor Demi Lovato speaks with "CBS Mornings" co-host Gayle King about her healing journey and how she found joy in cooking after her recovery from anorexia and bulimia. Lovato says food used to bring her "discomfort and fear" but she has since learned to find "freedom with food." Her new cookbook is called "One Plate at a Time."
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
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.
NVIDIA's GTC conference brought big crowds to Silicon Valley this week, with hundreds of companies showcasing products powered by NVIDIA's chips. Tim Werth, tech editor at Mashable, joins CBS News to discuss.
A tech entrepreneur in Australia, Paul Conyngham, said he used artificial intelligence to design a cancer vaccine for his dog Rosie. He joins CBS News with Páll Thordarson, director of the UNSW RNA Institute, who worked with Conyngham on the technology.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
Joseph Duggar, one of the stars of the reality show "19 Kids and Counting," has been arrested and is facing child sex abuse charges. He's accused of sexually abusing a 9-year-old girl six years ago in Florida. Tom Hanson reports.
More details are emerging about the allegations of abuse against the late Cesar Chavez. CBS News' Ed O'Keefe has more.
Ángel Esteban Aguilar Morales is one of the alleged ringleaders of the Ecuadorian criminal gang "Los Lobos" and one of the country's most-wanted fugitives.
Kouri Richins, Utah author and mother, was just found guilty for murder and attempted murder of her husband Eric Richins. The state accused her of killing him with a fentanyl-laced Moscow mule in 2022 after previously attempting to poison him via a sandwich on Valentine's Day. Monday evening the jury found her guilty on all counts including insurance fraud and forgery. In a special episode, "48 Hours" correspondent Natalie Morales speaks with Skye Lazaro, former defense attorney for Richins, about the significance of the outcome and the key moments in court that let up to the verdict. This episode was recorded on March 17.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Rep. Jim Himes questioned Director of National Intelligence Tulsi Gabbard about her involvement with an FBI search of an election headquarters in Fulton County, Georgia, and whether she found any credible evidence of foreign interference in U.S. elections. Himes then asked FBI Director Kash Patel about investigations into noncitizens voting.
Robert Schroeder, Washington bureau chief for MarketWatch, joins CBS News to discuss the current price of gas as energy facilities are attacked in the Middle East.
A 19-year-old member of the Iranian national wrestling team, Saleh Mohammadi, was executed along with three other men in Iran on Thursday, two sources confirmed to CBS News. CBS News Middle East contributor Courtney Kealy has more.
Israel has carried out a strike on Iran's South Pars natural gas field. Sebastian Usher with BBC News joins CBS News to discuss.
Grammy winner Alessia Cara is debuting a new album 10 years into her music career. Cara joined CBS News with details on her latest collaborations.