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Investors are uncertain about the economy after the yield curve, an indicator on the bond market, inverted for the first time in more than a decade, potentially signaling the risk of recession. CBS News correspondent Don Dahler reported from the New York Stock Exchange.
President Trump is focusing on the economy ahead of the 2020 election. But a recent CBS News poll shows Americans are split on the future of the economy. Axios' Alayna Treene, The Washington Post's Heather Long, and Republican strategist Kevin Sheridan join CBSN's "Red and Blue" to discuss.
The Federal Reserve is making a series of changes to requirements put in place to prevent a repeat of the 2008 financial crisis. According to the New York Times, the changes could add up to a weakening of banks' ability to withstand financial losses if the economy takes a turn for the worse. New York Times Federal Reserve and economy reporter Jeanna Smialek joins CBSN to discuss.
Federal Reserve Bank leaders, working to prevent an economic slowdown, begin two days of meetings on Tuesday. Economists predict they will announce an interest rate cut of 25 basis points, or a quarter of a percent. It would be the second cut this year. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss how this could affect your bottom line.
The Federal Reserve has lowered its benchmark interest rate for the third time this year, in a bid to shore up U.S. economic growth. The central bank also signaled that this rate cut might be the last for a while, barring a sharp downturn in the economy.
This week on 60 Minutes: Federal Reserve Chairman Jerome Powell on the coronavirus-ravaged economy; Norah O'Donnell interviews whistleblower Rick Bright; And, what will be the long-term effects of the coronavirus pandemic?
The head of the U.S. central banking system tells Scott Pelley how high he thinks unemployment will go, what tools the Fed still has to breathe life into the economy and what outcomes he's trying to avoid on the road to economic recovery.
As President Trump calls for negative rates, Federal Reserve Chairman Jerome Powell tells 60 Minutes the central bank won't lower interest rates below zero.
Jerome Powell lays out his thoughts on getting the economy back to its pre-coronavirus numbers. The transcript from the Federal Reserve chairman's interview with Scott Pelley.
As President Trump calls for negative rates, Federal Reserve Chairman Jerome Powell tells 60 Minutes the central bank won’t lower interest rates below zero.
The Chairman of the Federal Reserve seldom gives interviews, but Ben Bernanke and Jerome Powell have both granted them to Scott Pelley in trying times for the U.S. economy.
The Chairman of the Federal Reserve seldom gives interviews, but Ben Bernanke and Jerome Powell have both granted them to Scott Pelley in trying times for the U.S. economy.
The head of the U.S. central banking system tells Scott Pelley how high he thinks unemployment will go, what tools the Fed still has to breathe life into the economy and what outcomes he's trying to avoid on the road to economic recovery.
"This economy will recover. It may take a while. It may take a period of time. It could stretch through the end of next year. We really don't know," Federal Reserve Chairman Jerome Powell told Scott Pelley.
See the interview, Sunday at 7 p.m. ET/PT on CBS
See the interview, Sunday at 7 p.m. ET/PT on CBS
The Federal Reserve cut its benchmark interest rate by a half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus. Axios chief financial correspondent Felix Salmon joins CBSN with the details.
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.
Markets stem losses as Trump says Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Investigators are searching a New Mexico ranch where Jeffrey Epstein once entertained guests, amid allegations that it may have been used for sexual abuse and sex trafficking.
Someone fired shots at the U.S. consulate in Toronto, authorities said, days after shots were fired at synagogues in the Canadian city.
Marjorie Taylor Greene's seat in Congress has been vacant since her resignation in January, but voters in Georgia could choose her replacement during Tuesday's special election.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Wyoming Gov. Mark Gordon has signed legislation banning abortions after embryotic cardiac activity can be detected, but a court challenge is likely.
The office that polices attorney misconduct in Washington, D.C., has filed ethics charges against Justice Department pardon attorney Ed Martin.
Investigators are searching a New Mexico ranch where Jeffrey Epstein once entertained guests, amid allegations that it may have been used for sexual abuse and sex trafficking.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Three leaders from the Delta Tau Delta fraternity were arrested on suspicion of hazing after the death of Colin Daniel Martinez.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
The office that polices attorney misconduct in Washington, D.C., has filed ethics charges against Justice Department pardon attorney Ed Martin.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Marjorie Taylor Greene's seat in Congress has been vacant since her resignation in January, but voters in Georgia could choose her replacement during Tuesday's special election.
Wyoming Gov. Mark Gordon has signed legislation banning abortions after embryotic cardiac activity can be detected, but a court challenge is likely.
Two Democrats with potential presidential ambitions — Govs. Gavin Newsom and Andy Beshear — are weighing in on the U.S.-Iran war and criticizing President Trump's strategy, as the conflict overtakes the foreign policy debate.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
According to U.S. Central Command, over 5,000 targets were struck and 50 Iranian vessels were damaged or destroyed in the first 10 days of the war with Iran.
Someone fired shots at the U.S. consulate in Toronto, authorities said, days after shots were fired at synagogues in the Canadian city.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Markets stem losses as Trump says Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
Matthew Fox, who starred in the hit series "Lost," talks about being part of the cast for the new Paramount+ show "The Madison." He describes how he relates to his character, why he decided to return to Hollywood and working with Kurt Russell again.
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
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.
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
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.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Hospice fraud has grown in Los Angeles County despite a state crackdown on facilities with notable red flags, a CBS News Investigation found. CBS News correspondent Adam Yamaguchi has more.
Jurors found Tal, Oren and Alon Alexander guilty on all counts in their federal sex trafficking trial in New York City after four weeks of testimony from women who accused the brothers of sexual assault. CBS News' Tom Hanson has more.
Two teens are charged for allegedly trying to detonate homemade bombs in a crowd outside New York City Mayor Zohran Mamdani's official residence. Prosecutors allege they were inspired by ISIS.
Two men are facing federal charges after allegedly trying to detonate homemade explosive devices outside New York City Mayor Zohran Mamdani's home. Both suspects said their actions were inspired by ISIS, New York Police Department Commissioner Jessica Tisch said. CBS News' Jericka Duncan has the latest.
Police identified Ivanna Ortiz, 35, as the individual accused of opening fire on Sunday outside of Rihanna's Beverly Hills home with an AR-15-style assault rifle. The Florida woman is now facing attempted murder charges. Carter Evans reports.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
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.
Hospice fraud has grown in Los Angeles County despite a state crackdown on facilities with notable red flags, a CBS News Investigation found. CBS News correspondent Adam Yamaguchi has more.
Jurors found Tal, Oren and Alon Alexander guilty on all counts in their federal sex trafficking trial in New York City after four weeks of testimony from women who accused the brothers of sexual assault. CBS News' Tom Hanson has more.
A special election is being held to fill former Rep. Marjorie Taylor Greene's vacated seat in Georgia's 14th congressional district. CBS News congressional reporter Taurean Small has more.
Two teens are charged for allegedly trying to detonate homemade bombs in a crowd outside New York City Mayor Zohran Mamdani's official residence. Prosecutors allege they were inspired by ISIS.
A major effort is underway to preserve tap dancing artistry for future generations with help from two of the greatest tap dancers of all time. Dr. Jon LaPook reports.