Bank of America CEO on inflation, Fed meeting
Bank of America CEO and Chairman Brian Moynihan joins "CBS Mornings" to discuss possible Federal Reserve steps to reduce inflation and whether he thinks America is headed for a recession.
Federal Reserve
Fed looks to hike interest rates half a point as inflation soars
The Fed raised its rate by .25% in March, which some experts felt was not enough.
Biden taps Michael Barr for Fed's bank regulation position
The president's first choice, Sarah Bloom Raskin, withdrew her nomination due to insufficient support in the Senate.
Federal Reserve raises rates
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to share what this increase in interest rates means for credit cards, auto loans and more.
Stock market reacts to interest rate hike
The Federal Reserve announced it will raise interest rates by a quarter percentage point to fight soaring gas prices and inflation. Trading expert Joe Saluzzi joined CBS News' Anne-Marie Green and Vladimir Duthiers to discuss how the stock market is reacting and what this means for our bank accounts.
Federal Reserve announces interest rate hike
The quarter-point hike is the first rate increase since 2018 as the central bank looks to rein in inflation.
How the Fed hiking interest rates could affect your wallet
Americans could soon pay more to borrow. One expert says it may be hard to give up the "easy money mentality."
Federal Reserve expected to raise interest rates
The Federal Reserve is expected to raise interest rates by a quarter point on Wednesday amid soaring inflation rates. Joe Glauber, a senior research fellow for the International Food Policy Research Institute, joins CBS News' Lana Zak and Enrique Acevado to discuss the Fed's plan and how it could affect rising food prices and related food insecurity.
MoneyWatch: Fed expected to raise interest rates
The Federal Reserve is set to raise interest rates for the first time since 2018 in a growing effort to combat soaring inflation. Greg Robb, economics editor of MarketWatch, joins "CBS News Mornings" with more on the potential impact.
Sarah Bloom Raskin withdraws nomination to Federal Reserve board
It isn't yet clear who will be nominated in her place.
Fed leaves interest rates unchanged
The Federal Reserve signaled interest rates could increase as soon as March. CBS News' business analyst Jill Schlesinger joins "CBS Mornings" to discuss what that increase could look like and the impact it will have.
Stocks see lowest drop since May
Monday, stocks saw the biggest drop in months due to a Chinese property developer on the brink of bankruptcy. CBS News business analyst Jill Schlesinger explains the impact on the market, what investors should do now and if this will impact the two-day Federal Reserve meeting.
Raskin nomination for Fed endangered by Manchin's opposition
His opposition could doom her confirmation prospects if Raskin can't pick up a Republican vote in the Senate.
3/13: Kuleba, Georgieva, El-Erian
This week on "Face the Nation," we have the latest updates on the war in Ukraine as we hit day 18 of Russia’s invasion. We'll have the latest reporting from Ukraine and hear from its foreign minister, Dmytro Kuleba. Plus, we'll ask White House national security adviser Jake Sullivan what our options are at this critical time.
El-Erian: Fed has "no good policy options"
Mohamed El-Erian, the chief economic adviser for Allianz, says the Federal Reserve can either raise interest rates and risk a recession, or allow inflation to continue to rise.
U.S. adds 678,000 jobs in February
Numbers released Friday show major job growth nationwide as COVID cases fall and states roll back restrictions. According to the Department of Labor, U.S. employers added 678,000 jobs in February, and the unemployment rate fell from 4% to 3.8%. Barclays chief U.S. economist Michael Gapen joined CBS News's Vladimir Duthiers and Anne-Marie Green to discuss the numbers.
Powell supports interest rate hike at March meeting
The Federal Reserve chairman said the effects of the invasion in Ukraine remain "highly uncertain."
For Black Americans, living longer impacts health and wealth
With the right financial choices, longer life expectancy can help goals like building wealth and passing it on to heirs come true, experts said.
Senate Republicans boycott Biden's Federal Reserve nominees
Republicans on the Senate Banking Committee skipped Tuesday's meeting, denying Democrats the quorum needed to advance Biden nominees.
Inflation hits highest level in 40 years
The Consumer Price Index climbed 0.6% in January, meaning the average cost of goods is up 7.5% since the same time last year. Meantime, first-time jobless claims fell for a third straight week. CBS News senior White House and political correspondent Ed O'Keefe has more on how the Biden administration is handling the latest economic news.
January jobs report better than expected
The January jobs report released Friday surpassed Wall Street projections, with 467,000 jobs added. Mike Pugliese, an economist at Wells Fargo, joins CBS News to break down the employment data and what it means for the U.S. economy.
Republicans take aim at Biden's Federal Reserve nominees at tense hearing
Sarah Bloom Raskin was pressed over climate change regulation.
MoneyWatch: Impact of higher interest
The Federal Reserve has signaled that it will be raising interest rates this year to help offset the increase in consumer goods brought on largely by the pandemic. But what does this mean for everyday Americans? CBS MoneyWatch reporter Aimee Picchi joins "CBS News Mornings" to discuss.
Fed plans to raise interest rates to fight inflation
The Federal Reserve is signaling it plans to begin raising interests rates soon. Officials are hoping the move will help ease inflation, which has risen to its highest level in decades. Dana Peterson, chief economist for The Conference Board, joins CBS News' Elaine Quijano to discuss.
Report shows inflation up 5.8% in 2021
An economic analysis report shows a key inflation measure rose 5.8% last year, the highest it's been since 1982. Despite a big leap in the stock market numbers late Friday, major indexes are still down this year. Terry Haines, founder of Pangaea Policy, joins CBS News after the New York Stock Exchange's closing bell to break down how inflation is effecting the economy and what can be done to correct it.
King Charles toasts U.S.-U.K. alliance in state dinner, after rare address to Congress
King Charles attended a state dinner at the White House, after speaking about what he called the "truly unique" relationship between the U.K. and the U.S.
Gunshot at dinner may have struck officer's phone in pocket of bulletproof vest
Officials investigating the shooting at the White House Correspondents' Dinner said they estimated the suspect was running at about 9 miles per hour when he sprinted through a checkpoint and discharged his shotgun.
Live
Strait of Hormuz stuck in limbo as Trump mulls Iran's latest offer
Oil prices continue rising as the Trump administration unenthusiastically mulls an Iranian offer to reopen the Strait of Hormuz but delay nuclear talks.
Comey indicted again on charges stemming from Instagram post
Former FBI Director James Comey is again facing federal charges after the government's previous case against him was dismissed.
Exclusive
Trump administration mandates enhanced security checks for immigration applicants
The Trump administration is subjecting broad categories of immigrants applying for green cards and citizenship to enhanced FBI checks, and is pausing some cases while those changes are implemented, according to documents obtained by CBS News.
FCC orders Disney to file for early license renewal after Kimmel clash
The regulatory agency issued the order after President Trump and first lady Melania Trump urged ABC to fire late-night host Jimmy Kimmel.
Only "special relationship" U.S. has is "probably Israel," U.K. ambassador said
Britain's ambassador, in February remarks reported by the Financial Times, also called the lack of fallout from the Jeffrey Epstein scandal in the U.S. "extraordinary."
Maker of OxyContin set to dissolve after judge approves criminal sentence
Purdue Pharma, the maker of OxyContin, is set to be dissolved as a massive legal settlement resolving thousands of lawsuits takes effect.
Judge tosses Trump admin. lawsuit seeking access to Arizona voter data
A federal judge on Tuesday dismissed a lawsuit from the Justice Department seeking information on Arizona voters, another defeat in the Trump administration's nationwide push for voter data.
U.S.
More U.S.
Judge tosses Trump admin. lawsuit seeking access to Arizona voter data
A federal judge on Tuesday dismissed a lawsuit from the Justice Department seeking information on Arizona voters, another defeat in the Trump administration's nationwide push for voter data.
NCAA March Madness tournaments could expand to 76 teams in 2027
The new format would add eight more at-large teams, and take eight more teams out of the main bracket for play-in games.
Gunshot at dinner may have struck officer's phone in pocket of bulletproof vest
Officials investigating the shooting at the White House Correspondents' Dinner said they estimated the suspect was running at about 9 miles per hour when he sprinted through a checkpoint and discharged his shotgun.
Analysis: Dinner shooting brings reminders of past era of political violence
For historians, the 1960s and 1970s provide particularly eerie parallels to the present. Both eras were marked by bitter political divides and the unsettling feeling that America's social fabric was being ripped apart.
Feds have rejected 15% of businesses' tariff refund claims
But after some early hiccups, the U.S. government's hub for businesses seeking tariff refunds is running smoothly, an expert says.
MoneyWatch
More MoneyWatch
Feds have rejected 15% of businesses' tariff refund claims
But after some early hiccups, the U.S. government's hub for businesses seeking tariff refunds is running smoothly, an expert says.
FCC orders Disney to file for early license renewal after Kimmel clash
The regulatory agency issued the order after President Trump and first lady Melania Trump urged ABC to fire late-night host Jimmy Kimmel.
American Airlines tightens rules for portable chargers amid fire concerns
American Airlines is imposing new rules on portable chargers that passengers can bring on flights. Here's what to know.
Over half of Americans say their finances are worsening, Gallup finds
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
Gas prices jump to their highest level since start of Iran war
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
Politics
More Politics
Judge tosses Trump admin. lawsuit seeking access to Arizona voter data
A federal judge on Tuesday dismissed a lawsuit from the Justice Department seeking information on Arizona voters, another defeat in the Trump administration's nationwide push for voter data.
Highlights from the CBS California Governor's Debate
Top gubernatorial candidates met onstage at the CBS California Governor's Debate on April 28. Here are the highlights.
Gunshot at dinner may have struck officer's phone in pocket of bulletproof vest
Officials investigating the shooting at the White House Correspondents' Dinner said they estimated the suspect was running at about 9 miles per hour when he sprinted through a checkpoint and discharged his shotgun.
Analysis: Dinner shooting brings reminders of past era of political violence
For historians, the 1960s and 1970s provide particularly eerie parallels to the present. Both eras were marked by bitter political divides and the unsettling feeling that America's social fabric was being ripped apart.
Exclusive
Trump administration mandates enhanced security checks for immigration applicants
The Trump administration is subjecting broad categories of immigrants applying for green cards and citizenship to enhanced FBI checks, and is pausing some cases while those changes are implemented, according to documents obtained by CBS News.
HealthWatch
More HealthWatch
Beyond crisis lines: How broader suicide prevention helps people in need
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
World
More World
Senate Republicans block Democrats' attempt to force Cuba war powers vote
President Trump has warned that Cuba is "next" after he's launched military operations against Venezuela and Iran.
King Charles tells Congress that alliance is "more important today" than ever
Saying he felt the "weight of history" on his shoulders, King Charles became the first British monarch in 35 years to address Congress on Tuesday.
Only "special relationship" U.S. has is "probably Israel," U.K. ambassador said
Britain's ambassador, in February remarks reported by the Financial Times, also called the lack of fallout from the Jeffrey Epstein scandal in the U.S. "extraordinary."
16th century shipwreck found by naval vessel off coast of Sweden
The unidentified ship is believed to have been built in the late 1500s, which would make it older than Sweden's iconic 17th century warship "Vasa."
Tycoon's son offers home for "cocaine hippos" slated to be killed
Anant Ambani, the son of tycoon Mukesh Ambani, said he formally requested the Colombian government to stay a decision to kill the animals.
Entertainment
More Entertainment
Entertainment
FCC reviewing ABC licenses amid Kimmel feud
The Federal Communications Commission says it wants the Walt Disney Company to file for early license renewal for its television stations. The announcement comes one day after President Trump and the first lady called on ABC to fire late-night host Jimmy Kimmel. CBS News legal contributor Rebecca Roiphe joins with analysis.
FCC reviewing Disney licenses over DEI practices
One day after President Trump called on ABC to fire late-night host Jimmy Kimmel, the FCC said it will begin reviewing eight broadcasting licenses owned or managed by Disney due to the company's diversity policies. CBS News senior White House and political correspondent Ed O'Keefe has the latest.
Justin Hartley gives "Tracker" preview
"Tracker" star Justin Hartley reveals how he feels about the upcoming finale of the third season of the show. He also discusses his wife making appearances in the series and the best advice he's received in the industry.
Trumps call for Jimmy Kimmel to be fired
President Trump and first lady Melania Trump are demanding that late-night host Jimmy Kimmel be fired over remarks he made before the White House Correspondents' Dinner. Nancy Cordes reports.
Trump calls for Kimmel to be fired over jokes made before correspondents' dinner
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Technology
More Technology
Technology
Elon Musk testifies in OpenAI trial
Opening statements began on Tuesday in Tesla CEO Elon Musk's lawsuit against OpenAI co-founder Sam Altman. Maxwell Zeff, senior writer at Wired, joins with more.
Jury selection begins in Musk-Altman legal battle
Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
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.
How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
How data centers are impacting Americans
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
Science
More Science
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
Crime
More Crime
Crime
Correspondents' dinner suspect's devices probed
The man accused of trying to assassinate President Trump at the White House Correspondents' Dinner over the weekend is set to be back in court on Thursday. Nicole Sganga reports.
Forensic reviews underway in dinner shooting
The FBI is conducting forensic reviews of evidence recovered from the Hilton Hotel in Washington, D.C., following the White House Correspondents' Dinner shooting. CBS News' Anna Schecter has the latest.
U.S. soldier pleads not guilty to charges of gambling on Maduro raid
A U.S. soldier pleaded not guilty to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000.
Details on FBI raid of Minnesota daycares
Federal agents exercised search warrants at about 20 daycare centers for suspected fraud Tuesday morning, multiple officials confirmed to CBS News.
Ex-NBA player Damon Jones first to plead guilty in pair of gambling cases
Federal prosecutors charged 34 defendants across two indictments, alleging sports betting and mafia-linked rigged poker games.
Space
More Space
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Gen Z teens learning how to use ham radio
Kids today have countless ways to connect, but at one school in New York, they're going old school. Michael George introduces us to a group of teens learning about ham radio.
Charles gives Trump bell from the HMS Trump
King Charles on Tuesday night presented President Trump with what he said was the original bell from the HMS Trump before giving cheers to the ongoing relationship between the U.S. and England.
4/28: The Takeout with Major Garrett
Former FBI Director James Comey says he's innocent after second indictment; King Charles visits the White House and addresses Congress.
Woman dies on Carnival cruise ship
Federal officials are investigating the death of a woman who fell from the balcony of her state room on a Carnival Cruise Line ship. Kris Van Cleave reports.
Camp Mystic director tells parents he failed
In front of a state committee investigating last year's deadly Texas flash floods, Camp Mystic director Edward Eastland on Tuesday told parents of the victims he had failed them. Jason Allen reports.