Interest rates could alter Biden's reelection
The Fed has raised interest rates again. Nancy Cordes joins "CBS News Mornings" to explain the impact this could have at the White House.
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The Fed has raised interest rates again. Nancy Cordes joins "CBS News Mornings" to explain the impact this could have at the White House.
Stocks fell Wednesday after the Federal Reserve raised U.S. interest rates by a quarter of a percentage point. Wall Street Journal economics reporter Harriet Torry spoke with CBS News about how the increase impacts investors and consumers.
The Federal Reserve raised its key interest rate another quarter of a percentage point Wednesday in its ongoing effort to bring inflation down. The increase is the 10th straight interest-rate hike since last March in what has been the most aggressive rate-hiking campaign since the 1980s. The hikes are among factors being blamed for the biggest banking sector meltdown since the 2008 financial crisis. Nancy Cordes has more details from the White House.
The Federal Reserve pushed interest rates to the highest point since 2007 to combat inflation. Critics warn the hikes could lead to a recession. Nancy Cordes reports.
The Federal Reserve has raised its key interest rate another quarter of a percentage point, setting it at its highest level since 2007. Javier David, managing editor for business and markets at Axios, and Major Garrett, CBS News chief Washington correspondent, have more.
Latest hike brings the U.S central bank's benchmark interest rate to its highest level in 16 years.
A decision is expected Wednesday from the Federal Reserve on whether to raise interest rates again. CBS News reporter Sarah Ewall-Wice joined CBS News' Anne-Marie Green to discuss what to expect from the Fed and what Democratic lawmakers could do in regard to interest rates.
The Federal Reserve is expected to raise interest rates Wednesday for the tenth consecutive time in just over a year. Rod von Lipsey, a managing director for UBS Private Wealth Management, joins Errol Barnett and Lana Zak to discuss the anticipated decision.
The Federal Reserve is expected to hike interest rates again in an attempt to lower high inflation rates. Jeanna Smialek, Federal Reserve and economy reporter at The New York Times, joins "CBS News Mornings" to explain the impact of the previous rate hikes and why they've continued.
The Dow Jones slid by more than 300 points Tuesday, as investors react to plunging regional bank shares. Landsberg Bennett, chief investment officer for Private Wealth Management, joined CBS News to discuss what the developments could mean for the economy going forward.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Stocks closed flat Monday following the FDIC's seizure and sale of First Republic Bank. And the Fed is expected to make its latest decision on interest rates soon. CapWealth Chief Investment Officer Tim Pagliara joined CBS News to discuss what the developments mean for the market and economy going forward.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The Federal Reserve released a report on the circumstances surrounding the collapse of Silicon Valley Bank. CBS News' Nikki Battiste and Elaine Quijano speak with reporter Sarah Ewall-Wice about what investigators found.
Autopsy says central bank didn't appreciate "seriousness of critical deficiencies" in SVB's governance, contributing to the failure.
The stock market closed in positive territory Thursday despite the latest GDP report from the the Commerce Department showing that the economy grew at an annual rate of only 1.1% in the first quarter of 2023. Lori Bettinger, president of BancAlliance, spoke with CBS News about what the latest GDP figures mean for investors and consumers going forward.
Victor Calanog, the head of commercial real estate economics for Moody's Analytics, joins Errol Barnett and Roxana Saberi to discuss the lasting effect the pandemic has had on commercial real estate. He details rising office space vacancy, what's shifted for storefronts, and more.
EMG Advisors CEO and lead portfolio manager Will McDonough spoke with CBS News' Lana Zak and Lilia Luciano about how investors are reacting to earnings reports from Goldman Sachs and some other major companies.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
The stock market closed relatively flat Wednesday following the release of the new inflation data in the Consumer Price index. BancAlliance president Lori Bettinger joined CBS News to discuss what the information means for investors.
Inflation cooled down to its lowest level in nearly two years last month. Bharat Ramamurti, White House National Economic Council deputy director, joined Prime Time to share what's next on the road to economic recovery.
The latest Consumer Price Index report shows inflation cooled last month. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to break down the latest data and how it could impact potential future interest rate hikes.
Stocks closed lower following latest update on inflation and warning of possible recession.
Data released Wednesday shows the Consumer Price iIdex rose 0.1% in the month of March, beating estimates from Dow Jones. Barron's economics and politics senior writer Megan Cassella joined CBS News' Omar Villafranca to discuss the latest inflation data and what it could mean ahead of the Federal Reserve meeting in May.
The Dow Jones closed Tuesday in the green, as investors await reports on the March consumer and producer price indexes. Axios Business reporter Nathan Bomey spoke with Lana Zak and Lilia Luciano about how the information could impact future interest rate hikes.
As Iran retaliates for an Israeli strike on the South Pars gas field, one analyst warns the war is "now hitting the plumbing of the global energy system."
Director of National Intelligence Tulsi Gabbard faced another round of sharp questions about the Iran war from lawmakers on Thursday
Defense Secretary Pete Hegseth said the U.S. has struck more than 7,000 targets across Iran since the war began.
Even after accounting for record-high detention populations, the rate of deaths per 10,000 ICE detainees was the highest in 2025 than in any year since the COVID-19 pandemic hit in 2020.
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
The Senate Homeland Security and Governmental Affairs Committee advanced Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security.
"The morale is getting worse by the day because no one knows when this is gonna end," said Cameron Cochems, a lead TSA officer in Boise, Idaho.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Two tugboat crew members were killed and two others were injured in what the Coast Guard called a "confined space incident" aboard a barge in Alaska.
The Senate Homeland Security and Governmental Affairs Committee advanced Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security.
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
A California desert community tied the highest March temperature ever recorded in the U.S., amid a record-breaking winter heat wave in the Southwest.
Even after accounting for record-high detention populations, the rate of deaths per 10,000 ICE detainees was the highest in 2025 than in any year since the COVID-19 pandemic hit in 2020.
"The morale is getting worse by the day because no one knows when this is gonna end," said Cameron Cochems, a lead TSA officer in Boise, Idaho.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Swarmer is likely to be the first of many: a Ukrainian defense startup with an American face that leans on U.S. capital to scale production for both the Ukrainian and American militaries.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Travelers hoping to bypass some of the increasingly long wait times at U.S. airports can enroll in the TSA PreCheck Touchless ID program, which is now operating at 65 locations.
The following is the full transcript of the interview with International Atomic Energy Agency Director-General Rafael Grossi, a portion of which will air on "Face the Nation with Margaret Brennan" on March 22, 2026.
The Senate Homeland Security and Governmental Affairs Committee advanced Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security.
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
Defense Secretary Pete Hegseth said the U.S. has struck more than 7,000 targets across Iran since the war began.
Director of National Intelligence Tulsi Gabbard faced another round of sharp questions about the Iran war from lawmakers on Thursday
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.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
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.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Excavations at the site of the 1802 Mentor shipwreck uncovered a marble fragment that may have ties to the Parthenon in Ancient Greece, officials say.
The following is the full transcript of the interview with International Atomic Energy Agency Director-General Rafael Grossi, a portion of which will air on "Face the Nation with Margaret Brennan" on March 22, 2026.
U.S. author Jessica Joelle Alexander says Americans should consider adopting some of Denmark's "great parenting practices."
Satellite companies restrict access to images of the Middle East as the Iran war rages, with one citing concern data could be exploited "by adversarial actors."
Ángel Esteban Aguilar Morales is one of the alleged ringleaders of the Ecuadorian criminal gang "Los Lobos" and one of the country's most-wanted fugitives.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
Spoiler alert! The latest contestant eliminated from "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss his surprising elimination and if he has any regrets about how he played the game.
David Margolick's biography of Sid Caesar explores how the 1950s comic reinvented the art of comedy in the new medium of television.
Grammy-nominated singer and actor Demi Lovato speaks with "CBS Mornings" co-host Gayle King about her healing journey and how she found joy in cooking after her recovery from anorexia and bulimia. Lovato says food used to bring her "discomfort and fear" but she has since learned to find "freedom with food." Her new cookbook is called "One Plate at a Time."
The band The Last Dinner Party is coming to the U.S. next week to tour its second album, "From the Pyre." The members of the band spoke to Anthony Mason about how they met, their rapid rise to fame and the support they've had along the way.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
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.
NVIDIA's GTC conference brought big crowds to Silicon Valley this week, with hundreds of companies showcasing products powered by NVIDIA's chips. Tim Werth, tech editor at Mashable, joins CBS News to discuss.
A tech entrepreneur in Australia, Paul Conyngham, said he used artificial intelligence to design a cancer vaccine for his dog Rosie. He joins CBS News with Páll Thordarson, director of the UNSW RNA Institute, who worked with Conyngham on the technology.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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 Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Joseph Duggar, one of the stars of the reality show "19 Kids and Counting," has been arrested and is facing child sex abuse charges. He's accused of sexually abusing a 9-year-old girl six years ago in Florida. Tom Hanson reports.
More details are emerging about the allegations of abuse against the late Cesar Chavez. CBS News' Ed O'Keefe has more.
Ángel Esteban Aguilar Morales is one of the alleged ringleaders of the Ecuadorian criminal gang "Los Lobos" and one of the country's most-wanted fugitives.
Kouri Richins, Utah author and mother, was just found guilty for murder and attempted murder of her husband Eric Richins. The state accused her of killing him with a fentanyl-laced Moscow mule in 2022 after previously attempting to poison him via a sandwich on Valentine's Day. Monday evening the jury found her guilty on all counts including insurance fraud and forgery. In a special episode, "48 Hours" correspondent Natalie Morales speaks with Skye Lazaro, former defense attorney for Richins, about the significance of the outcome and the key moments in court that let up to the verdict. This episode was recorded on March 17.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
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.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
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.
Rafael Grossi, the director-general of the International Atomic Energy Agency, spoke to "Face the Nation" moderator Margaret Brennan in his first U.S. network TV interview since the war with Iran began. A portion of the interview will air Sunday on "Face the Nation with Margaret Brennan."
John Starks joined CBS News with his take on the NCAA March Madness tournament as college players prepare for a grueling month of competition.
Nneka Ogwumike, the Women's National Basketball Players Association president, is reacting to news of an agreement between her union and the WNBA to increase player salaries. Ogwumike joined CBS News 24/7 Mornings with what's next for the league.
President Trump appeared to distance the U.S. from Israel's decision to strike targeting Iran's South Pars gas field. CBS News contributor Courtney Kealy has more.
Defense Secretary Pete Hegseth is responding to reports of a $200-billion request to Congress for the war in Iran. CBS News' Olivia Rinaldi reports.