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.
Federal Reserve
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.
Jobs report shows U.S. economy's strength
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS News senior business and technology correspondent Jo Ling Kent reports on how the report reflects on the U.S. economy. White House economist Jared Bernstein joins CBS News 24/7 to discuss the new numbers.
Jobs report blows away expectations
The September jobs report blew away expectations from economists after a slowdown in hiring in earlier data prompted the Federal Reserve's rate cut. CBS News business analyst Jill Schlesinger looks at the data.
Why mortgage rates rose after falling
Mortgage rates dropped after the Fed's interest rate cut announcement in September. Although rates appear to have slightly risen since dropping to a record two-year low, experts still believe they will trend down if the U.S. economy remains stable. Bankrate's Mark Hamrick joins CBS News with more.
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
Federal Reserve interest rate cut effect
The Federal Reserve's interest rate cut announcement has already affected the prices of some mortgage rates and credit card interest rates. CBS MoneyWatch associate managing editor Aimee Picchi reports.
5 key takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Fed cuts interest rates, what happens now?
The Federal Reserve on Wednesday announced an interest rate cut of 0.5%, bringing rates down from their previous 23-year high. CBS News contributor Javier David has more on what that means for you.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Why the Fed cut rates for first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for TheStreet, joins CBS News to explain the Fed's move.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Here's how the Fed's rate cut could impact your credit card balance
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
Federal Reserve cuts interest rates
The Federal Reserve has announced a cut to interest rates by 0.50 percentage points. This is the first cut to its benchmark interest rate since March 2020. CBS News business analyst Jill Schlesinger and Al Root, an associate editor at Barron's, break down the news.
Interest rates expected cut from the Fed
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's announcement.
Previewing the Fed decision on rate cuts
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.
PPI data meets expectations
Wall Street opened with a bumpy start Thursday after the producer price index in August rose in line with expectations. CBS News contributor Javier David discusses how the data might affect the Federal Reserve's interest rate decision next week.
U.S. inflation drops to lowest level in years
Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Martin Baccardax, senior editor and chief markets correspondent for the Street, joins to discuss.
Inflation eases ahead of expected rate cuts
The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. Jo Ling Kent has details.
High prices despite cooling inflation
The Federal Reserve could cut interest rates during its Sept. 18 meeting after months of no change. CBS News business analyst Jill Schlesinger breaks down why consumer prices remain high despite inflation dropping to its lowest level since early 2021.
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
Trump launches Board of Peace, Zelenskyy announces U.S.-Russia-Ukraine talks
President Trump signed the founding charter of his Board of Peace without major U.S. allies on Thursday then met with Ukraine's President Zelenskyy.
Exclusive
Magistrate judge rejects charges against Don Lemon over church protest
The Justice Dept. suggested independent journalist Don Lemon could be charged after he was seen in video of a protest inside a church in St. Paul on Sunday.
Maps show where winter storm threatens to bring snow, brutal cold this weekend
Heavy snow, ice and brutal cold are expected to make this winter storm a potentially life-threatening weather event for 35 states.
Jack Smith defends handling of Trump probes in first public testimony
Jack Smith, the former special counsel who oversaw two criminal investigations into President Trump during the Biden administration, testified publicly for the first time.
House approves final funding measures, sending package to Senate
The House approved the final legislation needed to fund the government through September, sending a package of bills to the Senate.
Slavery displays removed from Philadelphia historical site after Trump directive
A series of informational signs about slavery was removed Thursday from the President's House historical site in Philadelphia.
House votes down latest war powers resolution to block Trump in Venezuela
The failed vote comes a week after the White House peeled off GOP support for a similar measure in the Senate.
Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
U.S.
More U.S.
Judge skeptical of Trump's arguments he has proper authority to build ballroom
A historic preservation nonprofit is trying to block ongoing construction of Trump's new White House ballroom.
Former Des Moines superintendent pleads guilty to falsely claiming citizenship
Ian Roberts, the former Des Moines superintendent, has pleaded guilty in federal court to falsely claiming U.S. citizenship and illegally possessing firearms.
Most families don't earn nearly enough to afford child care, study finds
"Child care costs are just incredibly daunting for all but the wealthiest Americans," one financial expert said.
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
MoneyWatch
More MoneyWatch
Most families don't earn nearly enough to afford child care, study finds
"Child care costs are just incredibly daunting for all but the wealthiest Americans," one financial expert said.
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
General Motors to move Buick Envision SUV production from China to U.S.
GM and other automakers have committed to expand their U.S. manufacturing since the Trump administration imposed tariffs on foreign-made vehicles.
Trump sues JPMorgan Chase, Jamie Dimon for $5B, alleging "political" debanking
JPMorgan Chase says President Trump's lawsuit "has no merit."
Politics
More Politics
Judge skeptical of Trump's arguments he has proper authority to build ballroom
A historic preservation nonprofit is trying to block ongoing construction of Trump's new White House ballroom.
U.S. completes withdrawal from World Health Organization
One year after President Trump announced it, the U.S. has finalized its withdrawal from the World Health Organization. Infectious disease experts call the decision "scientifically reckless."
White House posts an altered photo of Minnesota protester's arrest
The image, which an expert said was likely altered with AI, sparked backlash online. The White House doubled down, saying, "The memes will continue."
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
OMB seeks list of federal funding for 14 blue states and D.C., documents show
The Office of Management and Budget is seeking data about federal funding to 14 states and localities led by Democrats, including information from universities, and nonprofits within those states.
HealthWatch
More HealthWatch
Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Study finds no link between Tylenol and autism
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
World
More World
U.S. completes withdrawal from World Health Organization
One year after President Trump announced it, the U.S. has finalized its withdrawal from the World Health Organization. Infectious disease experts call the decision "scientifically reckless."
Accused crime boss "El Botox" arrested in murder of lime growers' leader
Officials said there were 11 arrest orders for "El Botox" for extortion and homicide. He was accused of attacking authorities with explosives.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
House votes down latest war powers resolution to block Trump in Venezuela
The failed vote comes a week after the White House peeled off GOP support for a similar measure in the Senate.
What's in Trump's "ultimate long-term deal" on Greenland?
Trump dropped threats to seize Greenland by force and hit allies who oppose a U.S. takeover with tariffs, claiming a deal will give the U.S. what it needs.
Entertainment
More Entertainment
Entertainment
Jessica Williams talks new "Shrinking" season
Jessica Williams joins "CBS Mornings" to discuss the upcoming season of "Shrinking," which follows a therapist as he navigates life after the loss of his wife. She talks about her character, how her own mental health helps shape the role, and working with Michael J. Fox and Harrison Ford.
Breaking down Oscar nominations
The nominees for the 98th Academy Awards have been revealed. Fandango and Rotten Tomatoes correspondent Erik Davis breaks down the major Oscar categories.
2026 Academy Award snubs and surprises: Who did Oscar leave out?
Among the names missing when the 98th Academy Award nominations were announced were Ariana Grande, George Clooney, Paul Mescal, Denzel Washington, and anyone associated with "Wicked: For Good."
Sundance Film Festival opens for its final year in Park City
The celebrated Sundance Film Festival, opening Thursday in Park City, Utah, includes films starring Natalie Portman, Olivia Wilde, Seth Rogen and Charli XCX, plus a wide range of documentaries.
Oscar nominations for 2026 announced. See the full list of nominees here.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
Technology
More Technology
Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
More Science
Science
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
Crime
More Crime
Crime
ICE memo on searches without judicial warrant
A whistleblower complaint revealed that an internal ICE memo authorizes officers to enter homes in some instances without a judicial warrant. CBS News' Camilo Montoya-Galvez explains.
Accused crime boss "El Botox" arrested in murder of lime growers' leader
Officials said there were 11 arrest orders for "El Botox" for extortion and homicide. He was accused of attacking authorities with explosives.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
Minnesota corrections official on allegations
The commissioner of the Minnesota Department of Corrections, Paul Schnell, is denying allegations from the Trump administration about dangerous criminals. CBS News' Nicole Sganga reports.
Former Uvalde school officer acquitted
Adrian Gonzales, a former Uvalde school police officer, was acquitted of 29 counts of child abandonment or endangerment over his response during the Robb Elementary School shooting in Texas. CBS News' Omar Villafranca reports.
Space
More Space
Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Latest Galleries
More Latest Galleries
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Comparing administrative and judicial warrants
CBS News has obtained a memo telling ICE agents that they can forcefully enter a home without a judicial warrant in certain instances. CBS News legal contributor Jessica Levinson joins with analysis.
PETA suggests 3D hologram for Groundhog Day
Groundhog Day is just around the corner, and PETA is again trying to offer up an alternative to Punxsutawney Phil. "CBS Evening News" anchor Tony Dokoupil has the story.
U.S. and China sign off on TikTok deal
A year after a law that effectively banned TikTok from the U.S. went into effect, China and the U.S. have signed off on a deal, according to a White House official. Kelly O'Grady explains.
Ukraine's power plants damaged by Russian strikes
Energy workers in Ukraine endure freezing temperatures and frozen pipes to repair damage caused by Russian strikes. With temperatures far below freezing, warming centers have become a lifeline across the country. Imtiaz Tyab has more.
Trump officials unveil plans to redevelop Gaza
President Trump launched the Board of Peace on his final days in Davos for the World Economic Forum. As Ed O'Keefe reports, its mission is the redevelopment of the Gaza Strip.