Fed interest rate hike: What higher rates mean for you, at any age
A higher rate can make loans more expensive, but also provide more rewards for savers
Federal Reserve
3 key points to watch from the Fed on Wednesday
While another rate hike is nearly certain, Chairman Powell could also provide some hints about what's next
Fed is ready for third rate hike this year
But as President Trump's trade war escalates, what's on tap for monetary policy next year is far less certain
Money Diaries: Demystifying personal finance
A recently published report paints an alarming picture of the state of many Americans' personal finances. The Federal Reserve says four in 10 could not come up with $400 to cover an unexpected expense and two in 10 cannot pay their monthly bills in full. Lindsey Stanberry is the author of the new book, "Refinery29 Money Diaries: Everything You've Ever Wanted To Know About Your Finances... And Everyone Else's." The book is based on Refinery29’s popular "Money Diaries" series, where women publicly track all of their expenses for one week for everyone to see and pick apart. Stanberry joins “CBS This Morning” to discuss why women still feel awkward talking about money, the importance of savings and tips for changing the way you spend.
Jay Powell signals more interest hikes to come
Despite President Donald Trump's complaints, the head of the U.S. central bank indicates rates will keep rising
Powell could take on key issues in high-profile speech Friday
Investors will listen for anything the Federal Reserve chairman says about Trump's trade war and interest rates
Fed official says Trump won't influence rate policy
Kansas City Fed President Esther George stresses the "firewalls" in place to ensure the central bank's independence
This bull market can keep running
Some money managers never gave up the faith back in 2009, and they still see better days coming now
3 reasons for the longest bull market ever
With the S&P 500 on the cusp of a longevity record for a rally, here's a look at what's powering the run
Trump lashes out at Fed: "I should be given some help"
President told Reuters he is concerned the central bank's move to hike interest rates will slow U.S. economic growth
America's bull market nears record for longevity
The ongoing rally in stocks since early 2009 could hardly have been predicted -- the question now: When will it end?
How the Fed is unintentionally squeezing developing economies
The U.S. central bank is pushing up interest rates, causing investors to pull money from emerging markets
Interest rates on CDs are finally above 3%
For the first time since the recession, savers can earn more than 3% annually on three-year CDs
The dangers of Treasury bonds yielding 3 percent
Long-term interest rates are threatening to push bonds over a threshold that has spooked investors in the past.
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
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.
Federal agents fatally shoot another Minneapolis resident, officials say
Federal agents in Minneapolis shot and killed a 37-year-old man in south Minneapolis Saturday morning.
Latest forecast maps show fresh predictions for winter storm
As millions of Americans hunker down for the winter storm, 18 states and Washington, D.C., have declared states of emergency.
Senate Democrats will not provide votes to advance DHS funding bill, Schumer says
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Videos, witness accounts of deadly shooting at odds with official statements
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
Man killed by federal officer in Minnesota worked as ICU nurse, his parents say
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
What we know about latest shooting by federal agents in Minneapolis
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection. Here's what we know so far.
Flights canceled, states of emergency declared as winter storm bears down
More than 200 million people are under winter storm threats as officials brace for power outages and travel difficulties.
Minneapolis business owners react to deadly shooting: "A neighbor was murdered"
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
Trump threatens Canada with 100% tariffs over its new China trade deal
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
U.S.
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Videos, witness accounts of deadly shooting at odds with official statements
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
Daughter defends loving dad now accused in her mom's cold case murder
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Did a secret obsession lead a "genius" to murder a Yale grad student?
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
NTSB to rule on cause of midair collision that killed 67 people near D.C. airport
Thursday marks a year since an Army Black Hawk helicopter collided in midair with an American Airlines plane. The NTSB is expected to rule on the probable cause.
Minneapolis business owners react to deadly shooting: "A neighbor was murdered"
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
MoneyWatch
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Here's what it takes to achieve an 800 credit score
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
How to heat your home safely as fierce winter storm grips the U.S.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Tesla Cybertruck sales plunged 48% in in 2025
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Politics
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Rep. Maxwell Frost says he was assaulted at Sundance Film Festival
Rep. Maxwell Frost, a Florida Democrat, said a man told him "Trump was going to deport me before he punched me in the face."
Senate Democrats will not provide votes to advance DHS funding bill, Schumer says
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Iran's Revolutionary Guard warns U.S. as warships head toward Middle East
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Trump threatens Canada with 100% tariffs over its new China trade deal
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Minnesota AG Keith Ellison accuses White House of "politics and retribution"
Minnesota Attorney General Keith Ellison said he has seen "no evidence" of a federal investigation into the fatal shooting of Renee Good by an ICE officer earlier this month.
HealthWatch
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Heart failure threatened her pregnancy. A first-of-its-kind procedure saved it.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
World
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Climber Alex Honnold free solos Taipei 101 skyscraper
Alex Honnold also famously climbed Yosemite's El Capitan without any ropes or safety gear in 2017.
Peace talks end constructively, Ukraine's Zelenskyy says, with more possible
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
Iran's Revolutionary Guard warns U.S. as warships head toward Middle East
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Trump threatens Canada with 100% tariffs over its new China trade deal
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Australian boy dies days after being bitten by shark in Sydney Harbor
The Sydney shark attack that killed Nico Antic was one of four recorded in the span of two days.
Entertainment
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Entertainment
Kermit the Frog gets a new home
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
Lily Fitts performs "Beat Me To It"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Beat Me To It."
Lily Fitts performs "Brown Eyed Baby"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Brown Eyed Baby."
Lily Fitts performs "Lose You Now"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Lose You Now."
Madison Beer opens up about music journey
Madison Beer says music has always been her escape since she started writing songs at just 6 years old. But the 26-year-old has had to navigate ups and downs in her journey to stardom. Anthony Mason reports.
Technology
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Microsoft says outage affecting several services has been resolved
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
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Science
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
Crime
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Daughter defends loving dad now accused in her mom's cold case murder
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Did a secret obsession lead a "genius" to murder a Yale grad student?
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Official: Feds blocked shooting scene access
Drew Evans, the superintendent of the Minnesota Bureau of Criminal Prevention, spoke after federal agents killed a Minneapolis man on Saturday. Evans said federal investigators blocked his agency's access to the shooting scene.
Officials on 5-year-old boy detained by ICE
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
Jury selection date set in Mangione trial
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
Space
More Space
Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Latest CBS News Videos
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Latest CBS News Videos
The Mother I Wish I Knew
A daughter whose mother was murdered is convinced her father is innocent. "48 Hours" correspondent Natalie Morales reports.
The Ivy League Murder
A newly engaged Yale graduate student is gunned down by an unknown attacker after a fender bender. Was it extreme road rage or was he targeted? "48 Hours" correspondent Anne-Marie Green reports.
Kermit the Frog gets a new home
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
Trump shocks allies with comments about veterans
President Trump shocked NATO partners in an interview with Fox News this week about U.K. veterans and fallen soldiers in Afghanistan. He walked back the comments on Truth Social. Haley Ott has more details.
President Trump threatens 100% tariffs on Canada
President Trump insults the Canadian prime minister, calling him "Governor Mark Carney," as he threatens new tariffs against the country. Willie James Inman has the details.