Trump on the Fed: The central bank is "my biggest threat"
The U.S. president is stepping up his attacks on the Federal Reserve, saying it's raising interest rates too fast
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The U.S. president is stepping up his attacks on the Federal Reserve, saying it's raising interest rates too fast
In his interview with 60 Minutes, President Trump expressed frustration with the Federal Reserve and Fed Chairman Jerome Powell, blaming them for the recent stock market dip
Investors seem to be weighing risks from rising interest rates to uncertain U.S. trade policy. Rebecca Walser, CEO of Walser Wealth Management, joins CBSN to discuss the slide on the Dow.
The stock market is struggling to adjust to a new era, where returns are no longer juiced by ultra-low rates
The U.S. central bank announced at its September meeting that it would hike interest rates by a quarter percent.
The Fed sees unemployment dropping further and annual GDP at 3.1 percent, implying one more rate hike this year
Consumer credit costs go up but also the money earned on CDs and online savings -- and you have ways to exploit that
A higher rate can make loans more expensive, but also provide more rewards for savers
While another rate hike is nearly certain, Chairman Powell could also provide some hints about what's next
But as President Trump's trade war escalates, what's on tap for monetary policy next year is far less certain
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.
Despite President Donald Trump's complaints, the head of the U.S. central bank indicates rates will keep rising
Investors will listen for anything the Federal Reserve chairman says about Trump's trade war and interest rates
Kansas City Fed President Esther George stresses the "firewalls" in place to ensure the central bank's independence
Some money managers never gave up the faith back in 2009, and they still see better days coming now
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
President told Reuters he is concerned the central bank's move to hike interest rates will slow U.S. economic growth
The ongoing rally in stocks since early 2009 could hardly have been predicted -- the question now: When will it end?
The U.S. central bank is pushing up interest rates, causing investors to pull money from emerging markets
For the first time since the recession, savers can earn more than 3% annually on three-year CDs
Long-term interest rates are threatening to push bonds over a threshold that has spooked investors in the past.
Monetary policymakers say the U.S. economy is growing at a healthy rate, setting stage for hikes later this year
U.S. currency softens after president lashes out at both global monetary policies and Federal Reserve rate hikes
Trump's remarks came in an interview with Joe Kernen of CNBC's "Squawk Box" that aired Friday morning
President dismisses concerns about central bank's independence from White House: "I don't like ... rates going up"
Two days of talks in Washington between Lebanon and Israel produced an extension of the current ceasefire by 45 days.
Louisianans are voting Saturday in the state's Senate primaries as Sen. Bill Cassidy fights to hold onto his seat, facing a Trump-backed primary challenger.
Police estimated that around 60,000 people attended the "Unite the Kingdom" march, making it one of the largest right-wing mobilizations seen in Britain in recent years.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Officials first announced the outbreak on Friday, with 65 deaths and 246 suspected cases.
Izz al-Din al-Haddad was killed in a "precise strike in the area on the City of Gaza," the Israel Defense Forces said Saturday.
Iran and the U.S. cut diplomatic ties in 1980, and the players are expected to use their time in Turkey to complete the necessary procedures for obtaining visas.
The remains of the 4 Italians are believed to be deep inside an underwater cave.
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
No injuries have been reported because of the issue, the Food and Drug Administration said.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
David White retired as the longtime principal at the Burgess-Peterson Academy in Atlanta, and then returned to the school as its handyman.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Police estimated that around 60,000 people attended the "Unite the Kingdom" march, making it one of the largest right-wing mobilizations seen in Britain in recent years.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Louisianans are voting Saturday in the state's Senate primaries as Sen. Bill Cassidy fights to hold onto his seat, facing a Trump-backed primary challenger.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
Officials first announced the outbreak on Friday, with 65 deaths and 246 suspected cases.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Iran and the U.S. cut diplomatic ties in 1980, and the players are expected to use their time in Turkey to complete the necessary procedures for obtaining visas.
This year's field of 35 contestants is the smallest since 2003.
Police estimated that around 60,000 people attended the "Unite the Kingdom" march, making it one of the largest right-wing mobilizations seen in Britain in recent years.
Colombia's presidential elections are scheduled for May 31, marking the end of the term for Gustavo Petro, the country's first leftist president.
Officials first announced the outbreak on Friday, with 65 deaths and 246 suspected cases.
This year's field of 35 contestants is the smallest since 2003.
The "Survivor" season 50 finale premieres on Wednesday, and "CBS Saturday Morning" meets Sarah Polakiewicz, a "Survivor" superfan in Atlanta who built her own community around the show.
Kelly Reilly, Cole Hauser, and Finn Little of "Dutton Ranch" sit down with "CBS Saturday Morning" to discuss their characters' transitions from Montana to Texas, and more on the new "Yellowstone" spinoff.
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Time."
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Queen Bee."
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
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.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
An Iraqi national was arrested and charged with planning to carry out several terror attacks in the U.S., including at a New York City synagogue and other prominent Jewish centers in Los Angeles and Scottsdale, Arizona. CBS News' Anna Schecter reports.
Federal prosecutors charged an Iraqi national on Friday with planning several terrorist attacks in the U.S. as retribution for the Iran war. CBS News' Anna Schecter has the latest.
Mohammad Baqer Saad Dawood Al-Saadi is facing federal charges for allegedly plotting several terror attacks in the U.S., including targeting a Jewish institution in New York. CBS News' Anna Schecter and Jake Rosen report.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
Chef and restaurateur Scott Conant goes back to his culinary roots with home-cooked Italian food in his family home.
The "Survivor" season 50 finale premieres on Wednesday, and "CBS Saturday Morning" meets Sarah Polakiewicz, a "Survivor" superfan in Atlanta who built her own community around the show.
Kelly Reilly, Cole Hauser, and Finn Little of "Dutton Ranch" sit down with "CBS Saturday Morning" to discuss their characters' transitions from Montana to Texas, and more on the new "Yellowstone" spinoff.
Patrick McGee, who wrote "Apple in China: The Capture of the World's Greatest Company," joins "CBS Saturday Morning" to break down President Trump's summit with Xi Jinping.
Fully automated manufacturing plants in China, or "dark factories," could overhaul modern manufacturing and eliminate the need for human workers.