Interest rates likely to remain unchanged
The Federal Reserve is not expected to cut interest rates Wednesday as inflation persists. CBS News contributor J.D. Durkin breaks down the data.
Federal Reserve
Federal Reserve holds rates steady. Here's the financial impact.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
The Fed rate decision meeting is today. Here's their rate decision.
Inflation-weary consumers have also been slammed by high borrowing costs, but the Fed is cautious about sticky inflation.
Fed expected to leave interest rates alone
The Federal Reserve is set to announce its third interest rate decision of 2024 on Wednesday. CBS News contributor Javier David, managing editor of business and markets at Axios, discusses what to expect.
The Fed to discuss interest rates
CBS News business analyst Jill Schlesinger breaks down what to know as the Federal Reserve is set to meet to discuss interest rates that remain at a 23-year high since last summer.
What does high March inflation mean for Fed?
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
Inflation is sticking around. Here's what that means for your money.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Inflation hotter than expected in March
The Consumer Price Index rose 0.4% last month largely due to the cost of rent and gas. Prices are up 3.5% over the past 12 months, and the latest numbers cast doubt on interest rate cuts. CBS News business analyst Jill Schlesinger has more.
When will the Fed cut rates? Maybe not in 2024, Fed official cautions
One Fed official on Thursday said if the economy continues to demonstrate strength, "Why would we cut rates?"
Why new inflation numbers aren't alarming Fed
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
Intel gets $8.5B federal investment for chips
On Wednesday, President Biden unveiled an $8.5 billion agreement with tech giant Intel in Arizona. The funding is part of the CHIPS Act and will create 30,000 manufacturing and construction jobs. Jared Bernstein, White House economic adviser, joins "America Decides" to discuss.
What to know ahead of the Fed's announcement
The Federal Reserve will announce its decision on interest rates Wednesday as the U.S. continues to combat inflation. CBS News senior business and technology correspondent Jo Ling Kent breaks down what to know before the announcement.
Fed holds interest rates steady
The Federal Reserve announced Wednesday it's leaving the central bank's benchmark interest rate unchanged for now as the U.S. economy shows some signs of inflation persisting in certain sectors. CBS News contributor J.D. Durkin joins business analyst Jill Schlesinger with more on the news.
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.
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.
Live
Tehran says Strait of Hormuz "under Iran's control" after Trump threat
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
Senators demand answers about conditions aboard USS Abraham Lincoln
Senate Democrats are demanding answers about conditions aboard the USS Abraham Lincoln during the aircraft carrier's record-setting deployment.
Floodwaters submerge Midwest neighborhoods bracing for more severe storms
Muddy floodwaters seeped into the homes of Indiana and Ohio residents this week, as severe storms struck the Midwest. Now, some areas are bracing for even more rain.
Robert Gilman was on "death's door" before Russia freed him, advocate says
Robert Gilman, a U.S. Marine veteran, was imprisoned in Russia for over four years and now faces a long road to recovery, says a hostage crisis expert who advocated for Gilman's release.
Cities propose new tactics to crack down on so-called "teen takeovers"
Large gatherings of young people, often spurred by online invites, can lead to violence and injuries, even death.
Surrogate gives birth to baby at center of multistate legal battle
Surrogate McKenna West declined to get an abortion requested by the intended parents after the baby she was carrying was diagnosed with a severe but treatable heart defect.
Trump administration's antisemitism lawsuit against Harvard dismissed
The lawsuit was one of many steps against Harvard that the Trump administration has taken since President Trump's return to office, in addition to attempting to cancel billions of dollars in federal funds.
Tropical storm forms near Hawaii, hurricane watch issued for the Big Island
Tropical Storm Lala could bring rain, high winds, and dangerous surf and rip currents to the Hawaiian Islands this weekend.
Exclusive
Becky G reflects on advocacy in new music, rise to fame
Becky G spoke exclusively with "CBS Mornings" co-host Gayle King about her rise to fame, being the breadwinner of the family at a young age and her new music.
U.S.
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Tropical storm forms near Hawaii, hurricane watch issued for the Big Island
Tropical Storm Lala could bring rain, high winds, and dangerous surf and rip currents to the Hawaiian Islands this weekend.
Can taking weight-loss drugs help you get hired? Yes, if you're a woman.
Going on GLP-1 drugs significantly boosted unemployed women's chances of finding a job, according to a Harvard economist.
DOJ leaves in place ruling that deregulates silencers, shotguns
A Texas judge earlier this month issued a ruling that deregulated silencers, shotguns and certain rifles.
Floodwaters submerge Midwest neighborhoods bracing for more severe storms
Muddy floodwaters seeped into the homes of Indiana and Ohio residents this week, as severe storms struck the Midwest. Now, some areas are bracing for even more rain.
Reese's Halloween pumpkins hit shelves unchanged after lawsuit victory
Hershey said the Halloween-shaped candy, which had sparked a lawsuit over the product's lack of detail, will return in its familiar oval shape.
MoneyWatch
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Can taking weight-loss drugs help you get hired? Yes, if you're a woman.
Going on GLP-1 drugs significantly boosted unemployed women's chances of finding a job, according to a Harvard economist.
Reese's Halloween pumpkins hit shelves unchanged after lawsuit victory
Hershey said the Halloween-shaped candy, which had sparked a lawsuit over the product's lack of detail, will return in its familiar oval shape.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
How much time does AI save at work? New Census Bureau data breaks it down.
New Census data shows how much faster workers can complete tasks when they enlist artificial intelligence for help.
Here's how much Social Security's 2027 COLA could rise under new estimates
Social Security's cost-of-living adjustment for 2027 is projected to be lower than previously forecast, according to new estimates.
Politics
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Trump administration's antisemitism lawsuit against Harvard dismissed
The lawsuit was one of many steps against Harvard that the Trump administration has taken since President Trump's return to office, in addition to attempting to cancel billions of dollars in federal funds.
DOJ leaves in place ruling that deregulates silencers, shotguns
A Texas judge earlier this month issued a ruling that deregulated silencers, shotguns and certain rifles.
Robert Gilman was on "death's door" before Russia freed him, advocate says
Robert Gilman, a U.S. Marine veteran, was imprisoned in Russia for over four years and now faces a long road to recovery, says a hostage crisis expert who advocated for Gilman's release.
Live
Tehran says Strait of Hormuz "under Iran's control" after Trump threat
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
Democratic senators demand answers about conditions aboard USS Abraham Lincoln
Senate Democrats are demanding answers about conditions aboard the USS Abraham Lincoln during the aircraft carrier's record-setting deployment.
HealthWatch
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My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Texas steps into surrogate fight with parents
California parents wanted to end a surrogate pregnancy when doctors diagnosed the baby with a severe heart defect at 20 weeks. The surrogate refused and went to Texas, where the state has now stepped in. The baby was born on Wednesday. Jason Allen reports.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell: I take testosterone. Here's why.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
World
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Poland says it thwarted Russian plot to kill an American citizen
Polish Prime Minister Donald Tusk said the suspect was allegedly recruited by Russia's secret services.
They've survived 2 major earthquakes in Colombia: "A sense of powerlessness"
Colombia earthquake survivors are facing major loss and a yearslong road to recovery filled with grief and uncertainty. Here's what responders say will happen next.
Robert Gilman was on "death's door" before Russia freed him, advocate says
Robert Gilman, a U.S. Marine veteran, was imprisoned in Russia for over four years and now faces a long road to recovery, says a hostage crisis expert who advocated for Gilman's release.
Search for survivors of Colombia earthquake enters "final phase"
Rescuers in Colombia were making last-ditch efforts to locate earthquake survivors early Thursday as the critical 72-hour window for rescue operations neared its end.
$5,255 fine issued after foghorn wakes up sleeping polar bear
Under local regulations, "it is forbidden to needlessly disturb, attract or pursue a polar bear," which was declared a protected species in 1972.
Entertainment
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Exclusive
Becky G reflects on advocacy in new music, rise to fame
Becky G spoke exclusively with "CBS Mornings" co-host Gayle King about her rise to fame, being the breadwinner of the family at a young age and her new music.
Becky G on her rise to fame, new music
Singer Becky G was signed to a record label at just 14 years old. She spoke exclusively to "CBS Mornings" co-host Gayle King about her rise to fame, advocacy in her new music and major collaborations.
Becky G on her friendship with Karol G
Singer Becky G speaks with Gayle King about her tour with Karol G and the bond the two pop stars have formed. "We have a beautiful friendship," Becky G says, "one I'm really, really thankful for and one that I think throughout the years we've really earned with one another."
Behind the scenes of the movie "Tony"
Actor Dominic Sessa and renowned chef Eric Ripert talk with "CBS Mornings" about the new movie "Tony," which is loosely based on Anthony Bourdain's stories of his first experience working in a kitchen restaurant before he found fame. Sessa describes how he got involved and Ripert, who one of Bourdain's best friends, talks about his relationship with the beloved chef.
Becky G on being family's breadwinner
"CBS Mornings" co-host Gayle King speaks exclusively with pop superstar Becky G about feeling the pressure of becoming her family's breadwinner at a young age.
Technology
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Technology
Google unveils new tech, centered around AI
Google is officially unveiling its latest line of Pixel phones and other new devices at its 2026 Made By Google event in New York. AI is at the center of its newest offerings. Matt Binder, a senior reporter at Mashable, joins CBS News to discuss.
Meta on trial for social media addiction suit
Tech giant Meta is being accused of designing social media platforms that violate privacy and enable social media addiction in children. Jury selection in the trial begins today. CBS News legal contributor Jessica Levinson has more on the case.
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.
Duffy on new tech for air travel safety
Top transportation officials were at Newark Airport on Tuesday for the installation of a new radar system designed to help controllers prevent runway incidents. CBS News senior transportation correspondent Kris Van Cleave spoke with Transportation Secretary Sean Duffy about the new technology.
Wall Street targets $500B for AI
Nvidia scored an astounding $500 billion in financing for artificial intelligence, backed by Wall Street's top power brokers and firms. Puck founding partner and industry journalist William D. Cohan weighs in on the AI boom and data center construction.
Science
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Science
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
How a total solar eclipse stopped a war
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Crime
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Crime
Latest details in Nick Reiner murder charges
Nick Reiner has been indicted on murder charges in the killings of his parents, Rob and Michele Reiner. CBS News' Katrina Kaufman explains the charges.
Over 30 nations condemn Iran death penalties
Over 30 countries condemned Iran's overuse of the death penalty. Exiled Iranian political dissident and CBS News contributor Masih Alinejad shares her reaction.
Cities propose new tactics to crack down on so-called "teen takeovers"
Large gatherings of young people, often spurred by online invites, can lead to violence and injuries, even death.
Mangione may discuss a plea deal, sources say
Luigi Mangione is expected in federal court for a hearing on Friday. This comes as sources tell CBS News that his defense team may discuss a potential plea deal with prosecutors. CBS News' Caroline Polisi has more.
New development in Luigi Mangione case
Federal prosecutors and defense attorneys in the Luigi Mangione case have requested a special hearing on Friday. Sources involved in the federal case say both sides will likely discuss a possible plea deal for the 28-year-old who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal contributor Caroline Polisi breaks down the case.
Space
More Space
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Sources: USS Lincoln sailor went overboard
Two sources tell CBS News a sailor on the USS Lincoln went overboard last month. They were pulled from the water safely, but the moment comes as some family members say they're concerned about conditions aboard the ship. CBS News' Reed Cowan reports.
Latest details in Nick Reiner murder charges
Nick Reiner has been indicted on murder charges in the killings of his parents, Rob and Michele Reiner. CBS News' Katrina Kaufman explains the charges.
Inflation cools slightly in July
July's producer price index report showed price pressures were largely flat, with inflation easing slightly. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Over 30 nations condemn Iran death penalties
Over 30 countries condemned Iran's overuse of the death penalty. Exiled Iranian political dissident and CBS News contributor Masih Alinejad shares her reaction.
MLB plays ball in the "Field of Dreams"
The Philadelphia Phillies and the Minnesota Twins will face off tonight at the Iowa corn patch made famous in "Field of Dreams." Actor and movie dad Dwier Brown joins "CBS News 24/7 Mornings" with more.