Fed stands pat on interest rates
Monetary policymakers say the U.S. economy is growing at a healthy rate, setting stage for hikes later this year
Federal Reserve
Dollar hit as Trump says China, EU manipulate currency
U.S. currency softens after president lashes out at both global monetary policies and Federal Reserve rate hikes
Trump calls Obama a "patsy" for Russia
Trump's remarks came in an interview with Joe Kernen of CNBC's "Squawk Box" that aired Friday morning
Trump "not happy" with Fed hiking interest rates
President dismisses concerns about central bank's independence from White House: "I don't like ... rates going up"
Fed's Powell shrugs off trade worries
The Federal Reserve chair was bullish on the economy, saying the typical worker is better off now than a year ago
Where savers can finally earn a decent return
The Fed's interest rate hikes are leading to higher rates for your cash, but you have to know where to look
Inflation risks making Fed chief's job harder
Fed chief Jerome Powell faces new pressure to raise rates thanks in part to President Trump's trade and tax actions
Fed talks rate hikes that could slow growth
Central bank notes heightened uncertainty about U.S. trade policies, saying some companies curtailing spending as a result
Fed says no to Goldman and Morgan Stanley dividend hikes
The banks will have to keep their dividend payouts at current levels after the Federal Reserve's annual stress test
Fed hikes push saving account rates to 5-year highs
Finally, some noticeable rise is filtering into the wallets of consumers, and the best rates are at internet banks
Federal reserve raises interest rates
The Federal Reserve raised a key interest rate another quarter-point on Wednesday. The federal funds target rate, which is now between 1.75 and 2 percent, is the highest it's been in nearly a decade, indicating that the nation's central bank has confidence the economy will continue to expand.
Credit card rates hit 18-year high -- here's why
And that was before the Fed's latest hike, meaning consumers can look forward to even higher payments
How the latest interest rate hike impacts you
The Federal Reserve says a "resilient economy" is one reason why it's raising a key interest rate for the second time this year. The central bank increased the short-term rate a quarter point on Wednesday to a range of 1.75 to 2 percent. The Fed also predicts four rate hikes this year after an earlier forecast of three. CBS New business analyst Jill Schlesinger joins "CBS This Morning" to discuss what this means for you.
Fed tipped to hike interest rates
Borrowing costs are likely going up again, with monetary policy makers expected to raise rates on Wednesday
How to rebuild your credit
If you're concerned about your credit history, you are not alone. According to the Federal Reserve, Americans owe more than a trillion dollars in credit card debt. Marcus Garrett, host of the podcast Paychecks and Balances, joins CBSN with tips on how to rebuild your credit.
Consumers show biggest spending jump in 5 months
April's report is a good sign of stronger second-quarter GDP growth, along with inflation at the Fed's target level
Fed moves to ease limits on risky bank trading
The rule was crafted to prohibit banks from using customer deposits to fund risky trades
As U.S. economy gains, millions still live on the edge
Many Americans can't afford to pay their bills, see a doctor or cope with a minor financial emergency
Where rising interest rates are starting to pinch
Credit card delinquencies, a possible leading indicator, are just one category that's showing the pressure
Ready to buy a home? Lock in your mortgage rate now
With the benchmark 10-year Treasury at a 7-year high, borrowing costs are rising, while home prices also climb
Inflation -- and rate hike -- fears have investors wary
Neither Apple's strong results nor a "dovish" Fed policy statement can allay Wall Street's rising rate worries
Fed holds rates steady as it notes inflation
Consumer prices are finally growing at 2 percent a year — a target that has eluded the central bank for years
"Sell in May" warning has extra weight this year
So far this year, stocks have turned in a disappointing performance, and that suggests trouble right about now
Fear of rising interest rates is stalking Wall Street
Despite a strong first-quarter earnings season, the prospects of faster Fed tightening are keeping stocks down
Inflation shows strongest annual gain since early 2017
Though March's one-month pace was slightly down from February, year-over-year prices showed a big jump
DOJ releases trove of Epstein files including photos, grand jury testimonies
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.
U.S. seizes a second vessel off the coast of Venezuela
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
At least 15 newly-released Epstein files have disappeared from DOJ's website, records show
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
Trump endorses Bruce Blakeman in New York governor's race after Stefanik's exit
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
Syria monitor group says at least 5 ISIS members killed by U.S. strikes
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
Over 500 pages in initial Epstein files release were entirely blacked out, CBS finds
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents were fully redacted.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
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.
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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At least 15 newly-released Epstein files have disappeared from DOJ's website, records show
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
Trump endorses Bruce Blakeman in New York governor's race after Stefanik's exit
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
Three officers injured after responding to domestic violence call, police say
The suspect was killed, and the man who called law enforcement was also injured, officials said Saturday.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Syria monitor group says at least 5 ISIS members killed by U.S. strikes
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
MoneyWatch
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Rome introduces tourist fee for some Trevi fountain visitors
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
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.
Politics
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At least 15 newly-released Epstein files have disappeared from DOJ's website, records show
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
Trump endorses Bruce Blakeman in New York governor's race after Stefanik's exit
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
"Face the Nation with Margaret Brennan" guests for Dec. 21, 2025
This week's guests include Reps. Ro Khanna and Thomas Massie, who led the push for Friday's release of the Epstein files.
U.S. seizes a second vessel off the coast of Venezuela
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
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.
HealthWatch
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This professional Santa's dream of spreading holiday cheer fuels stroke recovery
Brent Rasmussen had a massive stroke in 2023. Getting his "ho ho ho back" helped motivate his recovery.
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.
World
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U.S. seizes a second vessel off the coast of Venezuela
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
A rare look inside LEGO's own secret shrine to the hugely popular toy
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
Syria monitor group says at least 5 ISIS members killed by U.S. strikes
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
Pope Leo summons cardinals for assembly to help him govern the church
The consistory, as such gatherings are called, will be held Jan. 7-8, immediately following the Jan. 6 conclusion of the 2025 Holy Year.
Rome introduces tourist fee for some Trevi fountain visitors
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
Entertainment
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Entertainment
Old Crow Medicine Show performs "Corn Whiskey Christmas"
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Corn Whiskey Christmas."
Old Crow Medicine Show performs "Jolly Man"
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Jolly Man."
Old Crow Medicine Show performs "Holly Jolly Christmas"
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Holly Jolly Christmas."
Kate Winslet's directorial debut
Kate Winslet is one of Hollywood's most accalimed actors, and now she's testing her skills as a director with the new Christmas film "Goodbye June." She sat down with "CBS Saturday Morning" to discuss the challenges of the new role after so many years in front of the camera.
A rare look inside LEGO's own secret shrine to the hugely popular toy
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
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
Police seek motive in deadly shootings
Authorities are seeking motive after the man responsible for the deadly shooting at Brown University and the murder of an MIT professor was found dead in a New Hampshire storage unit on Thursday.
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.
Space
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Space
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach 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.
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
Vintage WWII plane turned into a Christmas sleigh
The Southern Cross, a restored C-49 World War II-era plane, is used by a nonprofit group for a peaceful mission this holiday season, to provide a Santa-eye view of the Christmas lights in North Texas. The goal is to keep veteran history alive and air-worthy. Omar Villafranca explains.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Laws in many states don't cover pregnancy loss
There's a growing recognition of a gap in the family leave laws of many states for those that suffer pregnancy loss. As Nikki Battiste reports, some lawmakers and advocates are pushing for more protections for grieving families.
Holiday shoppers out in force amid economic fears
Holiday shopping is in high gear, with the National Retail Federation predicting a record 159 million shoppers on what it calls "Super Saturday," with nearly a third buying gifts in stores. However, consumer sentiment is down as many Americans are concerned about their economic future. Nicole Valdes explains.
U.S. seizes another oil tanker near Venezuela
The U.S. confirmed that it seized an oil tanker near Venezuela, the second such seizure this month. The U.S. Coast Guard led the operation, which took place in international waters. Meanwhile, the U.S. military hit more than 70 targets in a retaliatory assault against ISIS in Syria. Willie James Inman has more.