Interest rates now: Who benefits as they drift lower
With the Fed taking further rate hikes off the table for a while, borrowers, homebuyers and investors stand to gain
Federal Reserve
Federal Reserve cuts growth forecast for U.S. economy
Central bank stands pat on interest rates and signals there may be no more hikes in 2019
Fed Chair Powell on economic inequality
The chair of the Federal Reserve discusses the impact of low mobility and the "legacy of slavery" — and how the Fed can address it
Highlights from Jerome Powell's 60 Minutes interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
Fed chair: "We don't feel any hurry" to raise interest rates
"Can the president fire you?" Scott Pelley asked the Fed chair and Trump Twitter target. "No," Jerome Powell answered
The Federal Reserve, 10 years after the Great Recession
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his 60 Minutes interview with former Fed Chair Ben Bernanke in 2009
Jerome Powell: The 60 Minutes Interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
Full 60 Minutes interview with Fed Chair Jerome Powell
What is the Federal Reserve Chairman’s view on the health of the U.S. economy? A transcript of Scott Pelley’s interview with Jerome Powell on "60 Minutes"
Fed Chair Jerome Powell to appear on "60 Minutes"
Correspondent Scott Pelley interviews Powell along with his predecessors Ben Bernanke and Janet Yellen
Fed chief Jerome Powell says U.S. economy likely to slow
Federal Reserve Chairman expects economic growth to weaken this year, but says the job market remains strong
Yellen says Trump doesn't understand what the Fed does
Former Fed chief says the president's comments about Jerome Powell "could undermine confidence" in the central bank
Record number of Americans behind on car loan payments
There are now 1 million more people behind on payments by three months than there were in 2010
Paul Volcker calls out Trump on trade and taxes
The former Federal Reserve chair laments the president's approach as divisive, "all threats and demands"
"You feel so overwhelmed": Fed reports $1 trillion increase in debt
The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying
Trump and Fed Chair Powell finally meet again, over dinner
After more than a year, the two dined at the White House on Monday, but didn't discuss the future of interest rates
Herman Cain on "fairly large list" of nominees for Fed board
Cain's candidacy imploded after being accused of sexual harassment and a woman alleged a longterm affair
Jay Powell: "The case for raising rates has weakened"
The Federal Reserve chair pointed to low inflation and slower global growth as the Fed kept interest rates steady
Fed interest rate: Investors hope Fed's Powell pauses rate hikes
The Federal Reserve is expected to leave rates unchanged, but investors want reassurance the pause will last
What's causing rural America's "brain drain"
The opportunity gap between cities and rural America has never been bigger -- and student loans may be to blame
Jay Powell: "I don't see a recession" in 2019
The Federal Reserve chief also says he'll be "patient" with rate hikes while looking at the global economic picture
Federal Reserve cautious on future rate hikes
Some monetary policymakers didn't want to raise interest rates in December, signaling concern about economic slowdown
Fed Chair says he wouldn't resign if Trump asked
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
Trump talks shutdown, economy, Russia probe
President Trump says the partial government shutdown will continue until Congress agrees to fund a border wall. He spoke about that plus concerns about the economy and other issues from the Oval Office on Christmas Day. Watch his remarks.
President Trump blames Fed for economic jitters
As market rout deepens, the president is ratcheting up the tension with monetary policymakers
Dow falls below 23,000 for first time in 14 months
After years of easy money, investors are spooked by rising interest rates and slowing U.S. growth
Justice Department releases initial trove of Epstein files under new law
The Justice Department has released records from the Epstein files, the first documents to come to light under a new law signed by President Trump.
Motive sought after suspect in Brown shooting, MIT professor's murder found dead
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.
U.S. strikes ISIS targets in Syria, after killing of 2 soldiers and interpreter
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.
Over 500 pages in Epstein files were entirely blacked out, CBS News finds
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.
Greg Biffle's wife texted "we're in trouble" before crash, her mother says
Cathy Grossu, the mother-in-law of retired NASCAR driver Greg Biffle, said she had seen the family a day before the fatal crash.
Justice Dept. appealing decision tossing out James Comey and Letitia James cases
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.
How to view the Epstein files, and initial takeaways from the first documents
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.
Investigators struggled to ID Brown suspect while gunman went on to kill again
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
Rob Reiner's friends and colleagues share fond and funny memories
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.
U.S.
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Stefanik drops out of New York governor's race after Trump stays neutral
Republican Rep. Elise Stefanik's decision to drop out came after President Trump signaled he would not make an endorsement in the race at this stage.
Anthony Joshua defeats Jake Paul by knockout
Former two-time heavyweight champion Anthony Joshua defeated YouTuber-turned-fighter Jake Paul by knockout in the sixth round of their much-anticipated bout at the Kaseya Center in Miami late Friday night.
Third inmate who escaped from southern Louisiana jail captured, officials say
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.
Over 500 pages in Epstein files were entirely blacked out, CBS News finds
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.
Investigators struggled to ID Brown suspect while gunman went on to kill again
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
MoneyWatch
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Want to work in AI? Here are the skills to master, economist says
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Here's how much ACA costs would have risen this year without subsidies
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Trump reaches deal with 9 major drugmakers to lower prices
Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.
Judge in nursing home bankruptcy case gives families fresh hope
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.
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Politics
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Stefanik drops out of New York governor's race after Trump stays neutral
Republican Rep. Elise Stefanik's decision to drop out came after President Trump signaled he would not make an endorsement in the race at this stage.
Over 500 pages in Epstein files were entirely blacked out, CBS News finds
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.
Justice Dept. appealing decision tossing out James Comey and Letitia James cases
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.
How to view the Epstein files, and initial takeaways from the first documents
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.
U.S. strikes ISIS targets in Syria, after killing of 2 soldiers and interpreter
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.
HealthWatch
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Here's how much ACA costs would have risen this year without subsidies
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Inside the FDA's vaccine uproar
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.
Trump administration unveils proposals to cut off transgender care for minors
The proposals run counter to the recommendations of most major U.S. medical organizations.
Measles outbreaks worsen in South Carolina, Arizona and Utah
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.
He made his brothers see a cardiologist. Each had advanced heart disease.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
World
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U.S. strikes ISIS targets in Syria, after killing of 2 soldiers and interpreter
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.
3 killed in knife attack in Taiwan, suspect falls to his death from store
Police said the suspect was declared dead at a hospital after jumping from the building's sixth floor, the Central News Agency reported.
Ukraine claims strike on oil tanker as Putin plays down peace prospects
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 announces gun buyback plan just days after Bondi Beach attack
Australia will use a sweeping buyback scheme to "get guns off our streets," Prime Minister Anthony Albanese said Friday.
TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Entertainment
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Rob Reiner's friends and colleagues share fond and funny memories
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 "extraordinary" day on set with Rob Reiner
Kiefer Sutherland recalls Rob Reiner's reaction to filming Jack Nicholson's famous scene in "A Few Good Men."
Albert Brooks remembers his "oldest friend" Rob Reiner
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 says Rob Reiner "changed the course of my life" with "Misery" role
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 pardoned by Tennessee governor for robbery, drug convictions
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.
Technology
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Want to work in AI? Here are the skills to master, economist says
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
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.
Japanese woman marries AI boyfriend
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 nears deal to avoid U.S. ban
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.
Science
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Major climate research center on Trump administration chopping block
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."
Researchers capture video of rare polar bear adoption
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.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Crime
Epstein survivor on partial files release
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.
New photos in initial trove of Epstein files
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.
Investigators struggled to ID Brown suspect while gunman went on to kill again
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
Search for motive in Brown and MIT shootings
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.
New Epstein files: What we've learned so far
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.
Space
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Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
"Wet lava ball" exoplanet may have an atmosphere, evidence shows
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
"Son of Sam": A serial killer's reign of terror
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
Latest CBS News Videos
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Latest CBS News Videos
The Uplift: Made with love
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.
Epstein survivor on partial files release
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.
Trump holding North Carolina rally on economy
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.
Doctor joins Secret Santa to surprise strangers
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."
Trump announces deals to lower drug prices
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.