What to do (and not do) as interest rates rise
Sure, the economy keeps growing even with the Fed's latest rate hike, but you still need to be ready for what's ahead
Federal Reserve
Fed raises key interest rate
The Federal Reserve raised its key interest rate by a quarter percent Wednesday, marking its fourth increase this year. The news caused stock markets to reverse course. CBS News business analyst Jill Schlesinger joins "CBS Evening News" to explain.
What Powell's decision means for the markets
Stock markets dropped after the Fed predicted economic growth would slow next year. Associated Press writer Josh Boak joins CBSN for more.
Fed hikes rates, but nods to slowing growth
In a notable policy shift, the Fed now expects to raise rates more slowly in 2019 amid signs of a cooling economy
Fed chairman speaks on interest rate hike
The Fed has raised interest rates four times this year, meaning it believes the economy is still growing rapidly despite stock market turmoil. However, the central bank plans to raise rates more slowly in 2019.
Fed likely to hike rates again, despite Trump's tweets
And the president's complaining about higher interest rates isn't the only problem the central bank faces
Is Wall Street signaling a U.S. recession ahead?
The stock market's tumble could be an ominous warning or just misguided – here's where to look for the signs
Stocks stanch the bleeding ahead of key Fed decision
Investors looking for signs that Federal Reserve officials may slow their push to hike interest rates
Fed rate moves for 2019: The suspense is building
With one more hike likely this week, the betting on what happens next year has plenty of wild cards in play
Uncertainty behind declines in stock market
The Federal Reserve begins a two-day meeting Tuesday and is expected to raise interest rates. This comes amid sharp stock declines that are hammering Americans' 401(k)s. The Dow plunged 507 points Monday, and the S&P 500 dropped 54 points. It is down nearly five percent for the year. CBS News financial contributor Mellody Hobson joins "CBS This Morning" to explain the market uncertainty.
These banks offer savers rates higher than 2%
While traditional banks tend to pay less than 1% on savings accounts and CDs, these places are offering more than 2%
"Broken" Washington called threat to U.S. economy
Geithner and fellow financial crisis vets Paulson and Bernanke agree U.S. ill-prepared to combat inevitable next crisis
Fed survey sees tariffs adding to "increased uncertainty"
Its latest nationwide report on economic conditions says growth continues in most regions, but threats are rising
The "yield curve" is inverting (gasp!) — should investors freak out?
The bond market is sending up signals that often foretell recession — but here's why this time may be different
Fed Chairman Jerome Powell: The U.S. still faces economic challenges
The Fed chairman said slow wage growth and a decline in economic mobility are hampering the country
Millennials are much poorer than their parents
Forget the "avocado toast" stereotype -- young adults spend their money no differently than past generations did
Fed officials show more caution on future interest rate hikes
While still on track to raise rates again next month, some Fed members see a possible slowing of hikes in 2019
Is Trump right in accusing Fed chief of hurting the economy?
The president has had a field day bashing Jerome Powell, but his underlying economic gripe isn't so nuts
Stocks surge after Fed chair hints of limit to rate hikes
Federal Reserve chief calls interest rates "just below ... neutral," implying central bank's hikes could slow soon
Trump slams Fed, denies climate science
President Donald Trump has been speaking out against the Federal Reserve's monetary policy and also said he doesn't believe a report on climate change from his own administration. CBS News Washington correspondent Paula Reid and The Hill editor-in-chief Bob Cusack join CBSN to discuss the president's remarks.
Trump slams Fed chairman, calling the Fed a "much bigger problem than China"
The president said he believes the central bank's ongoing rate hikes are impeding U.S. economic growth
Trump again rejects climate change report, lashes out at Federal Reserve
The president doubled down on his skepticism of human-induced climate change and dismissed the National Climate Assessment
Mortgage rates jump to 7-year high, crimping home sales
Monthly payments climb as the average 30-year fixed-rate home loan is now at 4.94 percent, up from 3.9 a year ago
Fed stands pat on interest rates, but expects to keep hiking
Citing the strengthening economy, Federal Reserve has steadily pushed up rates over President Trump's objections
Stock ups, downs: Investing in volatile times
Wall Street's reversal from recent record highs can be gut-wrenching for investors, but here's what to keep in mind
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.
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.
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.
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.
Russia strikes Ukrainian port, killing 8 and wounding dozens
Some of the wounded were on a bus at the epicenter of the strike, Ukraine's Emergency Service said.
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.
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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Seven elephants killed in India after passenger train collides with herd
The train had 650 passengers on board. Several train cars derailed, but there were no human injuries, a spokesperson said.
Russia strikes Ukrainian port, killing 8 and wounding dozens
Some of the wounded were on a bus at the epicenter of the strike, Ukraine's Emergency Service said.
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.
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
More Space
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.
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Timeline: The disappearance of George Smith
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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
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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.