The Fed cuts rates by 0.25 percentage points amid a weaker labor market
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
Federal Reserve
Fed announces another interest rate cut
The Federal Reserve announced Wednesday that it will lower its benchmark interest rate by 0.25 percentage points in its second straight cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Fed expected to cut interest rates
The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.
Here's what to expect from the Fed's interest rate meeting today
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Federal Reserve likely to cut interest rates
The Federal Reserve is expected to announce an interest rate cut decision during its meeting on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Inflation moving away from Fed's target
A key inflation report compiled before the start of the government shutdown showed that prices continued to climb last month as consumer confidence fell. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
Fed Chair Jerome Powell says a hiring slowdown poses U.S. economic risks
Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year.
Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Major cases of the new Supreme Court term
The Supreme Court began a new term on Monday, with presidential powers looming large on the docket. CBS News chief legal correspondent Jan Crawford joins to preview the key cases the justices will hear.
Supreme Court to weigh firing of Lisa Cook
The Supreme Court has added another blockbuster case to its new term of cases. The court announced it would hear whether President Trump can legally fire Federal Reserve Governor Lisa Cook. Jessica Levinson has more.
History and impact of government shutdowns
The U.S. government has just hours before it runs out of funding and shuts down. While down-to-the-wire government funding negotiations are not unusual, an actual shutdown is less common. CBS News explores the history, Kelly O'Grady has the economic impact and Kris Van Cleave reports on the travel implications.
Reporter's Notebook: Protecting Fed's independence
In a recent survey of U.S. chief executives, 80% said in pressuring the Fed to cut rates, President Trump is not acting in America's long-term interest. "CBS Evening News" co-anchor John Dickerson explains.
Here are the 3 biggest ways the Fed's rate cut could impact your money
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
Trump asks Supreme Court to allow Cook firing
The Trump administration has asked the Supreme Court to allow the president to fire Lisa Cook from the Federal Reserve Board of Governors. CBS News' Kelly O'Grady reports.
How the interest rate impacts Americans
The Federal Reserve's latest decision to implement a cut to its benchmark interest rate comes after lagging job growth. Allie Kelly, a reporter for Business Insider, joins CBS News with more on the impact on America's economy.
How the Fed's rate cut will impact you
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday. It's the first rate cut this year. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what it means and what to expect next.
How significant is the Fed's latest rate cut?
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Fed signals two more rate cuts in 2025
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Fed cuts rates for first time in 9 months
The Federal Reserve announced it's lowering its benchmark interest rate by 0.25 percentage points. It's the first rate cut since December. CBS News' Kelly O'Grady
Fed cuts interest rates 0.25 percentage points
The Federal Reserve announced that it lowered interest rates by 0.25 percentage points, its first rate cut since December 2024. CBS News MoneyWatch correspondent Kelly O'Grady and White House correspondent Ed O'Keefe have more.
Will the Fed cut its benchmark interest rate?
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the Federal Reserve's upcoming decision Wednesday on interest rates. The Fed is expected to cut rates for the first time this year. The decision impacts everything from credit cards to savings rates.
Will the Fed cut rates today? These charts may determine its decision.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
Reporter's Notebook: Behind the Fed's jargon
The Federal Reserve is expected to lower interest rates, and decisions that shape household budgets will be explained in woolly-mouthed Fed speak. "CBS Evening News" co-anchor John Dickerson explains.
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Iran's president in N.Y. as Trump weighs cutting deal or driving Iran "into hell"
President Trump told the U.N. he's deciding whether to make a deal or drive Iran "into hell." Iran's president is slated to address the world body today, Iranian state media say.
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Ukraine ready to sign landmark drone defense deal with U.S., sources say
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In U.N. speech, Trump threatens to "annihilate" Iran and defends foreign policy
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Supreme Court stays out of custody dispute between California couple and surrogate
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ICE officer who shot Venezuelan man wasn't wearing body camera, sources say
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Hayden Panettiere died from accidental overdose, autopsy finds
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5 moments from Patrick Clancy's 60 Minutes interview
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Meta's Muse shopping agent is a hit, as AI commerce starts to take off
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Andreessen Horowitz launches AI school as college alternative
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Supreme Court stays out of custody dispute between California couple and surrogate
Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
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President Trump's move to ban CNN, MS NOW and Politico from the White House has highlighted the role of the press pool.
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U.S. to welcome up to 17,500 more White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
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Meta's Muse shopping agent is a hit, as AI commerce starts to take off
Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
Andreessen Horowitz launches AI school as college alternative
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3 guys hacked OpenAI using a rival Anthropic model. Here's what to know.
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Diesel prices just hit a new record. Would a U.S. export ban bring relief?
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Have an Apple iPhone 15 or 16? How to file a claim for up to $95.
The claims window is open until Dec. 21, 2026. To file a claim, iPhone users must enter basic personal info and their iPhone's serial number.
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DOJ charges Utah postal worker for allegedly dumping mail ballots in trash
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Supreme Court stays out of custody dispute between California couple and surrogate
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U.S. to welcome up to 17,500 more White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
ICE officer who shot Venezuelan man wasn't wearing body camera, sources say
The ICE officer who shot a Venezuelan delivery driver was not wearing a body camera at the time of the shooting, sources familiar with the investigation told CBS News.
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Even the smallest joys can help prevent suicide, researchers say
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JB Pritzker reveals GLP-1 use, pressed on possible presidential run
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RFK Jr. tells anti-vaccine activists they have a "friend in the White House"
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Ukraine ready to sign landmark drone defense deal with U.S., sources say
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Georgia couple who survived Nepal flood shares their story
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U.S. to welcome up to 17,500 more White South Africans as refugees
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
Senators press Rubio to prioritize release of American held in Iran
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U.S. fighter jet crashes at air base in Germany, injuring pilot
The U.S. Air Base Spangdahlem said that the pilot ejected and was receiving medical care.
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Entertainment
Hayden Panettiere cause of death revealed
Actress Hayden Panettiere died from an accidental overdose of fentanyl and several other drugs, according to a coroner in South Carolina. Lilia Luciano reports.
Hayden Panettiere died from accidental overdose
A South Carolina coroner revealed Tuesday that actor Hayden Panettiere died from an accidental overdose of several drugs, including fentanyl. CBS News national correspondent Lilia Luciano has more.
Judge Judy reflects on 30-year career
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Grandmaster Flash talks new book on hip-hop
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Hayden Panettiere died from accidental overdose, autopsy finds
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How a "swarm" of AI agents hacked a company
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Downloads surge for Meta's new AI agent Muse
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How AI powered robots are helping small farms
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Trump rejects calls to rein in AI
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Meta's Muse shopping agent is a hit, as AI commerce starts to take off
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Neuroscientists grow human brain tissue in mice
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Humpback whale seen grieving dead calf in rare footage
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Concerns over kids' safety getting off the bus
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Hayden Panettiere cause of death revealed
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Political donations form family tied to suspected Chinese spy
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Man shot by ICE: "I'm not doing well"
Wilber Rafael Garces Perez was shot in the back by an Immigration and Customs Enforcement agent in Austin, Texas. Garces Perez's lawyer says he had a work permit and was seeking asylum but had missed a deportation order sent to an old address. CBS News' Jason Allen reports.
"Looksmaxxing" influencer Clavicular charged with rape in Massachusetts
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NASA spacecraft discovers moon crater bigger than Roman Colosseum
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