What to know about new inflation data
if a rise in inflation becomes a trend it could affect the Federal Reserve's quest to reach its target rates and keep the economy healthy. CBS News' Kelly O'Grady has more on the new data.
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Inflation rises slightly
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.
Analyzing the stock surge after Trump's win
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
Fed Chair Powell says he won't resign if Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Powell vows to stay on as Fed Chair
Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch correspondent Kelly O'Grady has the details.
What the Fed interest rate cut means for you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has more on what that might mean for you.
Here's the impact of the Fed's rate cut decision today
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
Fed cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.
Senate GOP members fight for leadership role
CBS News estimates that control of the House of Representatives is lean Republican. Meanwhile, the GOP flipped the Senate with longtime leader Mitch McConnell stepping down from the role. CBS News congressional correspondent Nikole Killion has more.
What does Fed rate cut say about the economy?
The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly O'Grady looks at what impact the decision could have on the economy.
The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Federal Reserve interest rate cut news
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the cut's impact.
Federal Reserve cuts interest rate
The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News correspondent Natalie Brand has more from the White House.
Potential interest rate cut news coming
The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.
5 ways Trump's presidency could affect the economy — and your money
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
Rate cut expected from Fed: What to know
Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.
Interest rate cut expected from Fed
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald Trump. CBS News correspondent Kelly O'Grady has more.
Dow finishes at record high after Trump win
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
What October's jobs report means for economy
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only 12,000 new hires. Despite adding roughly 100,000 fewer jobs than expected, the U.S. unemployment rate held steady at just above 4%. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the numbers.
Last jobs report before Election Day
The latest jobs report showed slowed growth in the U.S. economy just days before Election Day. CBS News MoneyWatch correspondent Kelly O'Grady has more on what the data may indicate about the economy's future.
October jobs take a hit from hurricanes, strike
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.
New data before next Fed decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.
How the economy is faring before Election Day
CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for Bloomberg News, joins "America Decides" to discuss.
Inflation rate hits lowest point in 3 years
Consumer prices are gradually cooling off in the U.S., according to the latest Labor Department numbers. The annual inflation rate hit 2.4% in September, the lowest point since February 2021. CBS News contributor Javier David breaks down the data.
Marjorie Taylor Greene says Trump policies are not America First
The relationship between Rep. Marjorie Taylor Greene, one of President Trump's most loyal backers, soured over the Epstein files and disagreements over MAGA policies.
Watch Live: 2026 Golden Globes nominations
Eleven exclusive 2026 Golden Globes categories will be revealed Monday at 8:30 a.m. ET, only on "CBS Mornings."
Supreme Court to hear major test of presidential power in case over FTC firing
President Trump's efforts to reshape the executive branch and flex his presidential power are set to be tested at the Supreme Court on Monday.
Controversial appointee rocks FDA like "an atom bomb," scientists there say
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
Colin Allred exiting Democratic primary in Texas Senate race
Allred will instead seek the Democratic nomination in the Dallas-based 33rd Congressional District.
Omar: Any link between alleged Somali fraud and terrorism would be a "failure of the FBI"
Rep. Ilhan Omar told "Face the Nation with Margaret Brennan" that if allegations of a connection between tax dollars and terrorism are true, "that is a failure of the FBI and our court system."
Exclusive
Beshear takes on national role as Dems eye governors to get to the White House
Kentucky Gov. Andy Beshear is leading the Democratic Governors Association for the 2026 midterms, with fellow potential presidential candidate Michigan Gov. Gretchen Whitmer handling a vice chair post.
"Family of Spies": Christine Kuehn discovers her grandfather's Nazi past
In 1994 Christine Kuehn received a letter that revealed a family history from which her father had tried to shield her: Christine's grandfather, Otto, was a Nazi spy who was the only person tried and convicted for the bombing of Pearl Harbor.
Jurors in sandwich thrower case talk about their deliberations
Sean Dunn, who threw a "submarine-style sandwich" at a CBP officer in downtown D.C. in July was found not guilty of misdemeanor assault in November.
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Colin Allred exiting Democratic primary in Texas Senate race
Allred will instead seek the Democratic nomination in the Dallas-based 33rd Congressional District.
Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
Omar: Any link between alleged Somali fraud and terrorism would be a "failure of the FBI"
Rep. Ilhan Omar told "Face the Nation with Margaret Brennan" that if allegations of a connection between tax dollars and terrorism are true, "that is a failure of the FBI and our court system."
MoneyWatch
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Trump's new H1-B visa fees could leave rural health care as collateral damage
Dozens of health care organizations have asked the Trump administration to shield the doctors, nurses, and techs they need to fill shortages from a $100,000 visa fee for skilled foreign workers.
Fine against Southwest for 2022 winter storm cancellations waived by DOT
Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty after the company canceled thousands of flights during a winter storm in 2022.
210,000 power banks sold on Amazon recalled over fire and burn risks
The recall involves INIU 100,000mAh portable power banks, model BI-B41that were sold on Amazon between August 2021 and April 2022, the recall notice says.
2025 holiday gift ideas from Techno Claus
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus (a.k.a. David Pogue)! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
For Gen Zers, finding work after college is often a painful slog
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Politics
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Colin Allred exiting Democratic primary in Texas Senate race
Allred will instead seek the Democratic nomination in the Dallas-based 33rd Congressional District.
Exclusive
Beshear takes on national role as Dems eye governors to get to the White House
Kentucky Gov. Andy Beshear is leading the Democratic Governors Association for the 2026 midterms, with fellow potential presidential candidate Michigan Gov. Gretchen Whitmer handling a vice chair post.
Trump's new H1-B visa fees could leave rural health care as collateral damage
Dozens of health care organizations have asked the Trump administration to shield the doctors, nurses, and techs they need to fill shortages from a $100,000 visa fee for skilled foreign workers.
Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Jurors in sandwich thrower case talk about their deliberations
Sean Dunn, who threw a "submarine-style sandwich" at a CBP officer in downtown D.C. in July was found not guilty of misdemeanor assault in November.
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Details on CDC Hepatitis B vaccine decision
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
Controversial appointee rocks FDA like "an atom bomb," scientists there say
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
California warns against foraging mushrooms after cluster of poisonings, 1 death
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Artist who fought for diagnosis turns incurable cancer journey into art
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
CDC panel votes to stop recommending birth dose of hepatitis B vaccine
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
World
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Hitmen ambush and kill journalist who covered corruption
Fernando Nunezwas shot and killed by hitmen while returning from an assignment and his brother was critically injured, the ANP said.
Leak at Louvre Museum damaged hundreds of works after jewel heist
Weeks after the brazen robbery of crown jewels, Paris' Louvre saw hundreds of works in its Egypt section damaged by water from a leaky old heating system.
Car bomb kills 5 people, including 3 officers, in front of police station
The explosion was so powerful that human remains were scattered throughout the area, police said.
Thailand launches airstrikes along border with Cambodia as ceasefire falters
Thailand launched airstrikes along the disputed border with Cambodia on Monday as both sides accused the other of attacking first.
Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Entertainment
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Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Book excerpt: "The Colonel and the King" by Peter Guralnick
Elvis Presley biographer Peter Guralnick's latest book traces the relationship between the King and Colonel Tom Parker, a manager whose marketing savvy helped launch a rock 'n' roll revolution.
Author Jan Karon on returning to Mitford: "I know that we don't have forever anymore"
The bestselling author had said she would no longer write novels set in the make-believe mountain village of Mitford. After the death of her daughter, she wrote through her grief – which led to her 15th Mitford book, "My Beloved."
Author Jan Karon on returning to Mitford
Novelist Jan Karon has written 25 bestsellers, including 15 about a make-believe mountain village, Mitford – stories in which the humanity of her characters is evoked in what she calls "a place of refuge." Karon talks with Faith Salie about discovering her voice as a writer at a very young age; the comforting qualities of her stories; and how the death of her daughter, Candace, led to her latest Mitford book, "My Beloved."
Extended interview: Ethan Hawke
In this web exclusive, actor Ethan Hawke talks with Tracy Smith about his first experiences with Broadway. He also discusses his films "Explorers," "Dead Poets Society," "Reality Bites," "Training Day," and his latest, "Blue Moon," Leonardo DiCaprio's success, and his obsession with Jack Nicholson's performance in "One Flew Over the Cuckoo's Nest."
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Technology
2025 holiday gift ideas from Techno Claus
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
There's a new face in Hollywood, generated by AI
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
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.
There's a new face in Hollywood, generated by AI
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. Jo Ling Kent talks with Tilly's creator, Eline Van der Velden, about her goal of producing "the Scarlett Johansson of the AI genre." Kent also talks with Kevin Reilly, CEO of Kartel ai, a Beverly Hills tech startup; and with SAG-AFTRA president Sean Astin, about the impact of AI on Hollywood and the actors' union.
Waymo says its cars are better at avoiding crashes
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
Science
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
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Hitmen ambush and kill journalist who covered corruption
Fernando Nunezwas shot and killed by hitmen while returning from an assignment and his brother was critically injured, the ANP said.
Car bomb kills 5 people, including 3 officers, in front of police station
The explosion was so powerful that human remains were scattered throughout the area, police said.
Stabbing on North Carolina train draws Trump's attention; suspect arrested
A suspect accused of stabbing a man on a Charlotte Area Transit System commuter train on Friday is undocumented and was previously deported, according to authorities.
Teen's sister looks to TikTok to help solve 25-year-old murder mystery
With her posts and pleas on TikTok, Molly Bish's sister hopes she will generate new tips that will finally solve her sister's Massachusetts murder case and put an end to a painful decades-old mystery.
How did teen Danni Houchins die? Her family's search for the truth
For years, the death of 15-year-old Danielle "Danni" Houchins had been shrouded in mystery. Montana investigators initially said it could have been a tragic accident, but her family always suspected something more sinister.
Space
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Air Force approves SpaceX launch pad expansion
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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.
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Neurodiversity comfort with fashion
CBS News' Tina Kraus meets a young woman in the U.K. powering through her own mental health challenges while inspiring others to embrace what makes them different. Millie Haywood says her Mentally Unstitched fashion brand offers "comfort hugs" for people with neurodiversity.
Details on CDC Hepatitis B vaccine decision
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
Snow, frigid temperatures slam parts of U.S.
Parts of the Midwest got several inches of snow over the weekend and by Sunday, the system reached New York. Another round of snow is now hitting the MidAtlantic. CBS News meteorologist Rob Marciano has more.
Eye Opener: More arctic weather expected
More winter weather is on the way, including sub-freezing temperatures for millions of Americans. Plus, Waymo says it will recall software after repeated incidents of self-driving cars passing stopped school buses. All that and all that matters in today's Eye Opener.
WWII vet may be last to see Japan's surrender
John Lauritsen reports on Del Thielke, thought to be the last person alive who was present on the USS Missouri when Japan signed its Instrument of Surrender, ending World War II.