The Fed holds interest rates steady. Here's the impact on your money.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
Federal Reserve
The Fed is meeting today — will it finally cut interest rates?
After two years of rate hikes, Americans are coping with higher costs for all kinds of loans. Here's what to expect from the Fed today.
Fed to issue interest rate decision
The Federal Reserve could cut interest rates Wednesday afternoon, though early reports indicate there won't be any major reduction. For more on the announcement, CBS News was joined by Kristin Myers, editor-in-chief for ETF.com, a company that helps investors and advisers.
Interest rates hit 23-year peak
In a move to combat rising inflation, interest rates have soared to their highest in nearly a quarter-century. The Federal Reserve is concluding a two-day policy meeting today. Their decisions could significantly impact borrowing costs for consumers.
How Fed could react to hot February inflation
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
Jobs grow in February, unemployment rises
The U.S. economy added 275,000 jobs in February and the unemployment rate unexpectedly rose to 3.9% from 3.7%, according to data released Friday. CBS News business analyst Jill Schlesinger and Daniel Zhao, a lead economist and senior manager at Glassdoor, join CBS News with a look at the numbers.
Home prices, mortgage rates remain high
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Janet Yellen discusses inflation, U.S. economy
Treasury Secretary Janet Yellen sat down with Jo Ling Kent in the battleground state of Michigan for an exclusive interview about the concerns many Americans continue to have about high prices. This comes after inflation rose again in January at a higher rate than expected.
Here's when experts think the Fed could start cutting interest rates
After a hotter-than-expected inflation report on Tuesday, economists now believe the Fed could postpone its first rate cut. Here's what to know.
Stocks tumble after hot inflation report
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Jerome Powell: The 2024 60 Minutes Interview
Federal Reserve Chair Jerome Powell gives his thoughts on inflation risks, the economy, the timeline for cutting rates, the health of the country’s banks and more. Scott Pelley reports.
Jerome Powell on SVB's collapse
In an interview with 60 Minutes, chairman Jerome Powell said the Federal Reserve is working on regulations to prevent failures like Silicon Valley Bank.
Federal Reserve Chair Jerome Powell discusses interest rate cut timeline
In a rare interview, Federal Reserve Chair Jerome Powell signaled the U.S. is nearing a long-awaited shift toward cutting interest rates. He shared more on timing and what he's waiting for.
Fed Chair Jerome Powell shares why Fed hasn't yet cut interest rates
Federal Reserve Chair Jerome Powell gives his thoughts on inflation risks, the economy, the timeline for cutting rates, the health of the country's banks and more. Scott Pelley reports.
Chairman Powell I Sunday on 60 Minutes
There is no better person to ask about the American economy than Federal Reserve Chairman Jerome Powell. This Sunday, 60 Minutes sits down with Powell to ask about the future of interest rates, whether prices will come down, and what the Fed might do next.
Presidential candidates address housing costs
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
When will the Fed cut interest rates?
The Federal Reserve announced Wednesday it would leave interest rates unchanged. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to discuss what the central bank is looking for to start cutting interest rates.
Why the Fed is holding interest rates steady
The Federal Reserve Board announced it will not change interest rates for now as it eyes how to lower inflation without running the risk of entering a recession. CBS News business analyst Jill Schlesinger looks at the Fed's decision and the upcoming cues to look out for in the economy.
Fed to announce interest rate decision
The Federal Reserve is holding its first rate meeting of the year Wednesday, with interest rates expected to be left unchanged. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joined CBS News with more insight on the Fed's decision-making process.
Federal Reserve holds interest rate steady. Here's what that means.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
What to expect from Fed's first 2024 meeting
The Federal Reserve is expected to wrap up its first rate meeting of 2024 on Wednesday. CBS News business analyst Jill Schlesinger breaks down what to expect and how the Fed’s interest rate decisions affect your finances.
Here's what to know about the Fed's first rate meeting of 2024
The Federal Reserve kept its benchmark rate steady at its first meeting of 2024. Here's what it means for your money.
Regional banks try to combat low earnings
Regional banks are seeing steep drops in their 2023 fourth quarter profits after avoiding a crisis last year as inflation persisted. Gina Heeb, a Wall Street Journal reporter, joins CBS News with her take on the regional banking outlook.
Inflation cooled in June: What that means
Inflation cooled in June to 3%, the lowest in more than two years, according to the U.S. Labor Department's Consumer Price Index. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what this means for consumers and whether the Federal Reserve will continue to raise rates.
Report: U.S. economy saw strong end to 2023
The U.S. economy had a robust end to 2023, with the gross domestic product exceeding expectations, according to a new Commerce Department report. Axios chief economic correspondent Neil Irwin joins CBS News to discuss the 2024 economic outlook.
Live
Iran says Strait of Hormuz will be "completely closed" if Trump delivers on threats
President Trump's threat came after CENTCOM's commander said that Iran's ability to threaten the Strait of Hormuz had been "degraded."
The company reviving the U.S. rare earth industry, from mine to magnet
The Trump administration brokered an unusual deal with a U.S. mining, refining and magnet company as part of a plan to diminish America's reliance on China for rare earths.
Poll: Most say Iran war not going well, but don't want regime left in power
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
Trump says ICE agents will assist TSA at airports as delays worsen
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
Senate advances Markwayne Mullin's nomination for DHS secretary
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
U.S. importing Korean shipbuilding techniques to save floundering industry
The Trump administration has called the floundering American shipbuilding industry an economic and national security crisis. Getting help from overseas may be one way to save the domestic industry.
Officials scramble to carry out Trump's directive on ICE agents at airports
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
Trump administration says it is ready to deport Abrego Garcia to Liberia
The Trump administration has asked a federal judge to dissolve her order preventing ICE from deporting Kilmar Abrego Garcia to Liberia.
More than 230 rescued amid Hawaii flooding, thousands without power
Raging waters lifted homes and cars and prompted evacuation orders for 5,500 people north of Honolulu, though they were later lifted.
U.S.
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Savannah Guthrie renews plea for clues in mother's disappearance
"Today Show" co-host Savannah Guthrie is renewing pleas to residents of Tucson, Arizona, to jog their memories in the hopes of sparking new leads in the disappearance of her mother, Nancy.
Officials scramble to carry out Trump's directive on ICE agents at airports
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
Full transcript of "Face the Nation with Margaret Brennan," March 22, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.N. Ambassador Mike Waltz and NATO Secretary General Mark Rutte join Margaret Brennan.
Waltz: "Never take anything off the table" on U.S. hitting Iran plants
Ambassador to the United Nations Mike Waltz said "we are seeing our allies come around as they should," as Iran threatens shipping in the Strait of Hormuz.
Fentanyl found inside Barbies sold at Missouri discount store, police say
Police found that five Barbie packages containing fentanyl were sold. They have all been recovered.
MoneyWatch
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Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
CBS News Radio to shut down after nearly a century of broadcasting
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Getting ready to fly? Here are 3 ways to track TSA wait times.
Security lines are stretching up to 2 hours at some airports amid TSA staffing shortages. Here's how to check wait times before you leave.
Are the Trump administration's efforts to lower oil and gas prices working?
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Nearly 90,000 bottles of children's ibuprofen recalled across the U.S.
A pharmaceutical company issued the recall after receiving complaints of "gel-like mass and black particles" in the product, the FDA said.
Politics
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Officials scramble to carry out Trump's directive on ICE agents at airports
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
Full transcript of "Face the Nation with Margaret Brennan," March 22, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.N. Ambassador Mike Waltz and NATO Secretary General Mark Rutte join Margaret Brennan.
Waltz: "Never take anything off the table" on U.S. hitting Iran plants
Ambassador to the United Nations Mike Waltz said "we are seeing our allies come around as they should," as Iran threatens shipping in the Strait of Hormuz.
Senate advances Markwayne Mullin's nomination for DHS secretary
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
Transcript: U.N. Ambassador Mike Waltz on "Face the Nation with Margaret Brennan," March 22, 2026
The following is the transcript of the interview with Mike Waltz, U.S. ambassador to the U.N., that aired on "Face the Nation with Margaret Brennan" on March 22, 2026.
HealthWatch
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More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
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.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
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.
World
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Cuba begins to restore electricity after nationwide power grid collapse
Cuba has begun restarting its power grid after another nationwide blackout left millions without electricity.
Transcript: U.N. Ambassador Mike Waltz on "Face the Nation with Margaret Brennan," March 22, 2026
The following is the transcript of the interview with Mike Waltz, U.S. ambassador to the U.N., that aired on "Face the Nation with Margaret Brennan" on March 22, 2026.
Transcript: Rep. Jason Crow on "Face the Nation with Margaret Brennan," March 22, 2026
The following is the transcript of the interview with Rep. Jason Crow, Democrat of Colorado, that aired on "Face the Nation with Margaret Brennan" on March 22, 2026.
Transcript: NATO Secretary General Mark Rutte on "Face the Nation with Margaret Brennan," March 22, 2026
The following is the transcript of the interview with NATO Secretary General Mark Rutte that aired on "Face the Nation with Margaret Brennan" on March 22, 2026.
Poll: Most say Iran war not going well, but don't want regime left in power
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
Entertainment
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Lisa Kudrow on making "The Comeback"
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
Extended interview: Lisa Kudrow
In this web exclusive, Emmy-winning actress Lisa Kudrow talks with Tracy Smith about "Friends," and her HBO show "The Comeback."
Lisa Kudrow on making "The Comeback"
"Friends" star Lisa Kudrow played a washed-up sitcom actress, Valerie Cherish, in the 2005 HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and then returned in 2014. Now, "The Comeback" is itself making a comeback for a third season. Kudrow talks with correspondent Tracy Smith about her love for playing Phoebe Buffay; her aptitude for "cringe comedy"; and how she found solace following the death of "Friends" castmate Matthew Perry.
Chef Ruthie Rogers on the comforts of food and conversation
The River Cafe in London has had a Michelin star since the late 1990s, thanks to co-founder, owner, acclaimed chef and podcaster Ruthie Rogers, whose new book, "Table 4 at the River Cafe," celebrates conversations and comfort food.
Chef Ruthie Rogers: Food and conversation
The River Cafe in London has had a Michelin star since the late 1990s, thanks to co-founder, owner and acclaimed chef Ruthie Rogers. Seth Doane talks with the American-born Rogers about her fabled Italian restaurant, her new book, "Table 4 at the River Cafe," and her podcast, all of which celebrate the connections brought about by conversations and comfort food.
Technology
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How iNaturalist app users have fun while aiding science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss - and, as Martha Stewart discovers, it's fun!
How a fun nature app aids science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
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.
Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
White House unveils AI framework for Congress
The White House unveiled a national framework for how it wants Congress to address concerns about artificial intelligence. Technology journalist Jacob Ward joins CBS News to discuss the outline and AI concerns.
Science
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Science
How a fun nature app aids science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
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 announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
Crime
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Fentanyl found inside Barbies sold at Missouri discount store, police say
Police found that five Barbie packages containing fentanyl were sold. They have all been recovered.
Couple on unusual activity at neighbor's home: "I think they finally killed him"
When Gary Herbst, described by his Minnesota neighbors as confrontational, disappeared on July 8, 2013, it appeared he walked out on his wife and teenage son. Years later, a startling discovery would confirm what neighbors thought they might have witnessed.
Wife of Joseph Duggar charged with child endangerment after his arrest
Kendra Duggar was charged with multiple misdemeanors a day after husband Joseph Duggar's arrest.
5 more defendants plead guilty in Feeding Our Future fraud scheme
Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
See police bodycam video of Justin Timberlake's DWI arrest on Long Island
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Space
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Space
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Possible meteorite crashes into Houston area home, officials say
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Eileen Collins on breaking barriers in space
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
Repaired moon rocket heads back to launch pad for April 1 liftoff
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
Video shows meteor streaking across the sky
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.
Latest Galleries
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Notable Deaths in 2026
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
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Latest CBS News Videos
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Energy crisis in Asia due to Iran war
Thousands of miles from the Middle East, the Iran war has triggered a crisis in Asia with energy shortages hitting almost every country on the continent, all dependent on the Persian Gulf for supply. Anna Coren reports.
Hawaii hit with worst flooding in 20 years
Hawaii is under a flood watch after weeks of heavy rain triggered the worst flooding there in 20 years. Carter Evans reports and Andrew Kozak has a look at the national forecast.
Heavy damage in Israel from latest Iran strikes
Iranian ballistic missiles struck Israel overnight, inflicting damage on a scale not seen there since the beginning of the war. Charlie D'Agata reports.
Lawmakers still far apart on DHS funding
The Senate was in session Sunday but there is no end in sight to the partial shutdown fight, or the blame game, with Democrats and Republicans still far apart on a deal to fund the Department of Homeland Security. Cristian Benavides reports.