Stocks tumble for second straight day
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
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Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
The Federal Reserve's downbeat outlook on the U.S. economy is a wake-up call for investors.
The Federal Reserve announced its decision on Wednesday to hold its benchmark interest rate steady as Fed chairman Jerome Powell acknowledged the impact of tariffs on inflation. The interest rate has an indirect tie to the interest that consumers pay on things like credit cards and car loans.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
As expected, the Federal Reserve has held interest rates steady, while indicating that cuts are likely later this year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Federal Reserve chose not to lower interest rates Wednesday, as Chair Jerome Powell admitted the economic outlook was uncertain. He indicated that even though inflation was expected to inch up in response to President Trump's tariffs, the Fed is still forecasting two rate cuts this year. Kelly O'Grady explains.
The Federal Reserve left interest rates unchanged Wednesday as uncertainty about the U.S. economy grows. CBS News MoneyWatch correspondent Kelly O'Grady unpacks Fed Chair Jerome Powell's comments on the decision. Then, Donna Ginther, distinguished professor of economics at the University of Kansas, joins with analysis.
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
The Federal Reserve has announced interest rates will remain unchanged for the second time this year. CBS News business analyst Jill Schlesinger and CBS News contributor J.D. Durkin react to the decision.
Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.
The Federal Reserve will announce its latest interest rate decision Wednesday afternoon. CBS News MoneyWatch correspondent Kelly O'Grady reports on what to expect.
The Federal Reserve will meet Wednesday to make its second interest rate decision of the year with economists predicting rates will be held steady. CBS News business analyst Jill Schlesinger has more.
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to examine what that means for price relief for Americans.
The Federal Reserve's key measure of inflation cooled slightly in January. The personal consumption expenditures price index, which measures price changes for consumers, rose .3% since last month and 2.5% since this time last year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
CBS News business analyst Jill Schlesinger joins Major Garrett on "The Takeout" to break down the state of U.S. banks and artificial intelligence's role in the economy. She simplifies the Federal Reserve's recent string of interest rate increases and its level of effectiveness. Given inflation and several recent bank failures, Schlesinger also weighs in on whether our current economic woes signal that a recession is near.
President Biden meets with families of American hostages; Fed leaves interest rates unchanged, indicates cuts in 2024.
New data out Wednesday shows U.S. inflation accelerated faster than economists had predicted in January. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
New government data shows inflation is up 3% on an annual basis. In reaction to the hot report, President Trump blamed the surge on his predecessor, saying "BIDEN INFLATION UP!" Political strategists Hyma Moore and Justin Sayfie join "America Decides" with analysis.
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President Trump. CBS News contributor J.D. Durkin has more.
U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.
After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job market and stubborn inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more on the decision and President Trump's reaction.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
The Fed held off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
The Federal Reserve did not apply a cut to its benchmark rate as inflation remains stubborn. CBS News business analyst Jill Schlesinger has more.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Lindsey Vonn, who came out of retirement to compete in the 2026 Milano Cortina Winter Games, was airlifted off the mountain.
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
Democrat Chasity Verret Martinez defeated her Republican opponent in a district President Trump won by 13 points in 2024.
Here's how much Bad Bunny is expected to earn from his halftime performance at Super Bowl LX.
British Prime Minister Keir Starmer's chief of staff, Morgan McSweeney, said he took responsibility for advising Starmer to appoint Peter Mandelson.
President Trump criticized Team USA freestyle skier Hunter Hess after he and other American athletes at the Milano Cortina Winter Games shared their thoughts on U.S. politics.
A whistleblower complaint includes highly-classified details about a National Security Agency intercept of a call between two foreign nationals who discussed a person close to President Trump, two sources said.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
A whistleblower complaint includes highly-classified details about a National Security Agency intercept of a call between two foreign nationals who discussed a person close to President Trump, two sources said.
Lindsey Vonn, who came out of retirement to compete in the 2026 Milano Cortina Winter Games, was airlifted off the mountain.
As the Seahawks prepare to face the Patriots in the 2026 Super Bowl, here's what to know about Seattle's past appearances, wins and losses.
The New England Patriots are back in the Super Bowl once again in 2026, hoping to add another ring to their list of wins. Here's a look back at their appearances, losses, how many they've won, and more.
Here's how much Bad Bunny is expected to earn from his halftime performance at Super Bowl LX.
For over five centuries, Antwerp's diamond district has been the cornerstone of the global diamond trade. Now, that legacy is under strain.
Here's how much Bad Bunny is expected to earn from his halftime performance at Super Bowl LX.
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
The following is the transcript of the interview with Rep. Tony Gonzales, Republican of Texas, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026.
A whistleblower complaint includes highly-classified details about a National Security Agency intercept of a call between two foreign nationals who discussed a person close to President Trump, two sources said.
The following is the transcript of the interview with David Becker, executive director of the Center for Election Innovation and Research and a CBS News election law contributor, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026.
President Trump criticized Team USA freestyle skier Hunter Hess after he and other American athletes at the 2026 Winter Olympics shared their thoughts on U.S. politics.
The following is the transcript of the interview with Dr. Scott Gottlieb, former FDA commissioner, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026. Dr. Gottlieb also sits on the boards of Pfizer and United Health Care.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
The following is the transcript of the interview with Rep. Tony Gonzales, Republican of Texas, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026.
The following is the transcript of the interview with David Becker, executive director of the Center for Election Innovation and Research and a CBS News election law contributor, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026.
President Trump criticized Team USA freestyle skier Hunter Hess after he and other American athletes at the 2026 Winter Olympics shared their thoughts on U.S. politics.
The following is the transcript of the interview with Dr. Scott Gottlieb, former FDA commissioner, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026. Dr. Gottlieb also sits on the boards of Pfizer and United Health Care.
The following is the transcript of the interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026.
"Sunday Morning" remembers some notable people who left us this week, including singer LaMonte McLemore, a founding member of vocal group The 5th Dimension.
Don Henley acknowledges the Eagles are "kind of a staple" as they sell out shows at the Las Vegas Sphere and cement their status with the best-selling album of all time.
Singer-songwriter Don Henley reflects on the Eagles' decades-long career, the larger than life legacy of his late bandmate Glenn Frey, and the emotional moment he saw Frey's son Deacon perform in his father's place. He also emphasizes the importance of connecting with fans, saying "music is medicine. And people need some medicine right now."
Fifty years ago, the Eagles released their first "Greatest Hits" album, which became the best-selling of all time. The legendary rock band still performs to sold-out crowds today. Don Henley talks to Tracy Smith.
Faith Salie breaks down why HBO's "Heated Rivalry" is setting the internet on fire with its story of a secret romance between rival pro hockey players.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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 business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Savannah Guthrie and her siblings posted a third video on Saturday, pleading for their mother's return after she went missing last week. Jonathan Vigliotti reports.
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
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. Tony Gonzales of Texas told "Face the Nation with Margaret Brennan" that "administrative warrants work," amid controversy over immigration officials using them instead of warrants issued by a judge. He added that a judge "should not hold up everything we're seeing."
Two American freestyle skiers, Hunter Hess and Chris Lillis, acknowledged "mixed emotions" representing the U.S. at the Milano Cortina Olympics amid the heated political environment. The remarks have drawn criticism from the Trump administration and some Republicans.
Legendary downhill skier Lindsey Vonn, who already had a torn ACL, crashed seconds into her race at the Milan Olympics on Sunday morning.
Sen. Mark Warner, the top Democrat on the Senate Intelligence Committee, told "Face the Nation with Margaret Brennan" that he does not believe that Director of National Intelligence Tulsi Gabbard is "competent for her position" amid her involvement in the Georgia election investigation and a highly classified whistleblower complaint.
As Washington turns its eyes toward the upcoming midterm elections and the Trump administration moderates its tone on deportations while ramping up efforts to undermine confidence in our election process, "Face the Nation with Margaret Brennan" speaks to Democratic Sen. Mark Warner of Virginia and Republican Rep. Tony Gonzales of Texas.