Watch CBS News
The Federal Reserve cut interest rates this morning after days of market ups and downs amid the coronavirus outbreak. Axios chief financial correspondent Felix Salmon joined CBSN to talk about the outbreak's impact on the markets.
The Federal Reserve is cutting interest rates by half a percentage point because of the impact of the coronavirus outbreak. It's the largest cut since the 2008 financial crisis. CBS News' Paula Reid and McClatchy's Francesca Chambers join CBSN to break down President Trump's reaction.
The coronavirus outbreak is now being felt in the global economy. Heather Long, economics correspondent from the Washington Post, explains the potential impact of the Federal Reserve's cut to interest rates.
The Federal Reserve is taking sweeping action to try and protect the economy from the coronavirus. Chairman Jerome Powell announced that interest rates will be drastically cut in one of the Federal Reserve's biggest moves since the 2008 financial crisis. Weijia Jiang reports from the White House on what led to this decision.
U.S. markets were down Monday morning despite the Federal Reserve announcing unprecedented measures to stabilize the markets. Melissa Armo, C.E.O. and founder of the Stock Swoosh, joined CBSN to talk about what's happening on Wall Street.
U.S. central bank chief urges Congress to boost relief, saying that a deeper slump "can leave behind lasting damage."
The following is a transcript of an interview with Federal Reserve Bank of Atlanta President and CEO Raphael Bostic that aired Sunday, May 3, 2020, on "Face the Nation."
U.S. central bank chief predicts an unprecedented drop in economy activity for the next few months.
"This is a significant blow in particular to entities that are also ineligible for the Paycheck Protection Program," Pelosi wrote in a "Dear Colleague" letter to Democrats.
Neel Kashkari, president of the Minneapolis Fed, said Congress may have to provide support to individuals and businesses until a vaccine is developed.
The following is a transcript of an interview with Neel Kashkari, the president and CEO of the Federal Reserve Bank of Minneapolis, that aired Sunday, April 12, 2020, on "Face the Nation."
S&P 500 up 12.1% in shortened trading week. Optimistic? Or oblivious? "When does America open up for business again?"
Bank had cited a regulatory cap in bowing out of government's Paycheck Protection Program with just $10 billion in loans.
The following is a transcript of an interview with James Bullard, the president and CEO of the Federal Reserve Bank of St. Louis, that aired Sunday, April 5, 2020, on "Face the Nation."
The Dow declined 2.9% after the stimulus bill to aid workers and businesses stalled in the U.S. Senate.
U.S. central bank doing "whatever it takes" in lending efforts, especially in targeting small businesses and cities.
Policy makers want to ensure that companies whose revenue is sinking due to the coronavirus can quickly raise cash.
U.S. central bank's surprise moves suggest a downturn "much deeper and more prolonged" than thought, experts fear.
"The Fed has to bring the big guns," one analyst said of the central bank's efforts to rescue a slowing U.S. economy.
Critics say banks are seeking to exploit the outbreak to weaken rules designed to ensure their financial stability.
Experts question if lower interest rates are the right medicine for the disease that's sickening financial markets.
It's the biggest rate cut since the 2008 financial crisis — central bank says the virus poses "evolving risks."
The Dow jumped on Monday after central bankers vowed to provide support if the coronavirus outbreak hits the economy.
Jerome Powell says economic growth is holding up, bolstered by the lowest jobless rate in nearly 50 years.
Central bank warns of economic fallout from epidemic, but says U.S. remains on track for solid growth.
The Justice Department has released records from the Epstein files, the first documents to come to light under a new law. Follow live updates here.
The Brown University shooting suspect was found dead in a storage unit in New Hampshire. Authorities believe he is also responsible for killing an MIT professor.
The airstrikes on ISIS targets are being conducted in response to the killing of two U.S. Army soldiers and an civilian contractor by a lone terrorist in Palmyra, Syria.
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents are fully redacted.
Cathy Grossu, the mother-in-law of retired NASCAR driver Greg Biffle, said she had seen the family a day before the fatal crash.
A federal judge ruled that Lindsey Halligan, the prosecutor who secured the indictments against them, was unlawfully appointed to her role as interim U.S. attorney.
The Justice Department has disclosed thousands of files and photos related to late sex offender Jeffrey Epstein, following years of pressure from lawmakers and abuse survivors.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
The three men had escaped the jail by removing concrete blocks from an upper wall area, and then used sheets and other materials to scale an exterior wall.
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents are fully redacted.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
A federal judge ruled that Lindsey Halligan, the prosecutor who secured the indictments against them, was unlawfully appointed to her role as interim U.S. attorney.
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.
A bankruptcy judge blocked an attempt by a nursing home chain's primary investor to shield himself from settlement payments and liability in lawsuits over allegations of poor care.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents are fully redacted.
A federal judge ruled that Lindsey Halligan, the prosecutor who secured the indictments against them, was unlawfully appointed to her role as interim U.S. attorney.
The Justice Department has disclosed thousands of files and photos related to late sex offender Jeffrey Epstein, following years of pressure from lawmakers and abuse survivors.
The airstrikes on ISIS targets are being conducted in response to the killing of two U.S. Army soldiers and a civilian contractor by a lone terrorist in Palmyra, Syria.
Republican Rep. Elise Stefanik says she is suspending her campaign for governor of New York and will not seek reelection to Congress.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A memo from Dr. Vinay Prasad, the head of the FDA's Center for Biologics Evaluation and Research, may signal an effort to to rewrite the rules governing the U.S. vaccine system.
The proposals run counter to the recommendations of most major U.S. medical organizations.
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
The airstrikes on ISIS targets are being conducted in response to the killing of two U.S. Army soldiers and a civilian contractor by a lone terrorist in Palmyra, Syria.
Police said the suspect was declared dead at a hospital after jumping from the building's sixth floor, the Central News Agency reported.
Putin claims no "willingness from Ukraine" to negotiate a peace deal as he touts battlefield gains, and Kyiv claims a brazen strike on a ship far from Russia.
Australia will use a sweeping buyback scheme to "get guns off our streets," Prime Minister Anthony Albanese said Friday.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
Kiefer Sutherland recalls Rob Reiner's reaction to filming Jack Nicholson's famous scene in "A Few Good Men."
Albert Brooks said he's still in shock over the death of his friend Rob Reiner, whom he met at 14 years old.
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
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.
People are starting to develop lasting connections with artificial technology. Melissa J. Perry, the dean of the College of Public Health at George Mason University, joins CBS News with more details.
TikTok has signed a deal to sell its U.S. operations to a group of investors in America, a source familiar with the deal tells CBS News. Jo Ling Kent has more.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
The Justice Department on Friday released a batch of files related to convicted sex offender Jeffrey Epstein. CBS News' Erica Brown and Katrina Kaufman report.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
The manhunt for the suspect in Saturday's deadly shooting at Brown University is finally over. Police discovered 48-year-old Claudio Manuel Neves Valente dead in a New Hampshire storage unit on Thursday night. CBS News' Anna Schecter explains what led to the discovery.
The Department of Justice has released hundreds of thousands of files related to the criminal prosecutions of convicted sex offender Jeffrey Epstein. CBS News justice reporter Jake Rosen has more.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Visit a Uyghur restaurant in Southern California, where culture is shared and the food is made with love. Plus, a man who wanted to save his friends life by donating a kidney ends up saving his own life.
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
President Trump is holding a rally in North Carolina on Friday as he works to turn around public opinion on the economy. CBS News congressional correspondent Nikole Killion reports.
As you've no doubt heard, Santa Claus is coming to town. In fact, he's already been to Baltimore. Steve Hartman met him "On the Road."
President Trump announced new agreements on Friday with nine pharmaceutical companies aimed at making certain prescription drugs cheaper. CBS News reporter Karen Hua has the details.