Is recession looming? Wall Street sends mixed signals
The scariest indicator is coming from the bond market, but there are also reasons to think it's a false alarm
Federal Reserve
Yellen ally William Dudley, NY Fed chief, to retire
As head of the nation's largest reserve bank, he has supported Janet Yellen's cautious moves to raise rates
Dow closes at another record high on a busy day
Investors had plenty to chew on Thursday, from long-awaited developments in Washington to a slew of earnings reports
Trump taps Jerome Powell for Fed chair
Long-anticipated announcement means Janet Yellen will soon be leaving her post
Trump nominates Jerome Powell as Federal Reserve chairman
Federal Reserve governor has a history of backing Janet Yellen's gradual approach to raising interest rates
Who are the front-runners to serve as new Fed chair?
With a decision imminent, here's a look at who's in and who's out to take the helm at the central bank
Trump says he's "thinking about" Yellen for Fed chair
The president told Fox Business Network's Lou Dobbs Janet Yellen is still in the running, but she isn't the only one
For now, "perfection" is in the air on Wall Street
By nearly every measure, stocks are in a utopian uptrend -- even though profit growth has taken a step backward
Janet Yellen gives rare speech as Trump decides her fate
"I try to stay in my lane and I'm not going to get involved" in comments on tax reform, the U.S. Federal Reserve System chair said
5 finalists have a shot to be the Fed's next chief
President Trump is said to be ready to make his choice from this group before he heads to Asia on Nov. 3
Trump may interview Janet Yellen for her Fed job
Her current term as chair expires Feb. 3, but she's still among those he's considering to run the Federal Reserve
Inflation holds the key for Wall Street
As long as price increases remain tepid, investors trust low interest rates will persist -- but change is coming
Yellen's upbeat economic message may signal rate hikes
Federal Reserve Chair Janet Yellen outlined a bright view of the U.S. economy, which suggests the central bank may hike rates again
Inflation remains muted, and the Fed isn't sure why
Central bankers seem divided over whether to keep hiking interest rates this year despite low jobless rate
Can anything pull stock prices back to earth?
Amid one of the calmest, most consistent stock rallies in history, investors seem to think it can't end
Trump met with possible Yellen successor as Fed chief
Former Fed governor, once an adviser to Ben Bernanke, is considered a leading candidate to lead the central bank
Do bond investors know something that stock-pickers don't?
The Federal Reserve's quickening effort to push up interest rates despite tepid inflation has some investors worried
The beginning of the end of ultra-cheap money
With Federal Reserve embarking on a new era of "quantitative tightening," Wall Street has no choice but to adapt
Fed announces latest move on interest rates
Central bank to start trimming its massive holdings of government bonds and loans; economy growing "moderately" fast
3 key things to watch from the Fed meeting
In its announcement and Chair Janet Yellen's press conference, these critical points will almost certainly come up
Despite it all, investors buy without a worry
As hurricane and war fears fade, Wall Street keeps the records rolling -- can anything stop the bulls?
Inflation still isn't following the Fed's game plan
With another rate hike looming, the refusal of prices to clearly trend higher could be a sign of bigger troubles
Federal Reserve's vice chair steps down
Monetary policy leader is a close ally of Fed chief Yellen, presaging a possible change in direction
How your cash stash could earn more interest
Here's how you can earn significantly more interest for your cash stash than what average bank accounts offer
Federal Reserve spooks investors with hawkish message
After years of keeping interest rates low, America's central bankers finally seem eager to push them up
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.
Live
Judge grants temporary restraining order against DHS after Alex Pretti's killing
U.S. District Court Judge Eric Tostrud granted a temporary restraining order against the U.S. Department of Homeland Security Saturday, barring the department from altering or destroying evidence in the killing of Alex Pretti in south Minneapolis.
Power out for hundreds of thousands, roadways snarled with ice from storm
Power outages were reported across the South as a monster storm began wreaking havoc across much of the country.
Flight cancellations today top 10,000 — most in a single day since pandemic
Flight cancellations are continuing to mount as the U.S. is being hit with dangerous winter weather from a storm moving across the country.
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.
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.
France's Macron pushes for fast-track ban on social media for kids under 15
French President Emmanuel Macron says he wants to fast-track a ban on social media for teenagers under 15.
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.
Latest forecast maps show fresh predictions for winter storm
As millions of Americans hunker down for the winter storm, 19 states and Washington, D.C., have declared states of emergency.
U.S.
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Power out for hundreds of thousands, roadways snarled with ice from storm
Power outages were reported across the South as a monster storm began wreaking havoc across much of the country.
Flight cancellations today top 10,000 — most in a single day since pandemic
Flight cancellations are continuing to mount as the U.S. is being hit with dangerous winter weather from a storm moving across the country.
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.
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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Josh Shapiro on a life of service and faith
In his memoir, "Where We Keep the Light," Pennsylvania's governor writes about how his childhood helped shape his lifetime of public service. He talks about the challenges he faced while growing up; the rise in political violence in America; and his future in the Democratic Party.
Transcript: Kirsten Hillman on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with Kirsten Hillman, the Canadian ambassador to the U.S., that will air on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
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.
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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How Trump's designs on Greenland are testing the U.S.-Denmark alliance
President's Trump's designs on acquiring the world's largest island "one way or the other" have stirred feelings of betrayal among Danes and Greenlanders. Mo Rocca gives us a history lesson about an island that is 80 percent covered in ice.
The Righteous: Rescuing Marc Chagall from the Nazis
Those who risked their own lives to save Jews during the Holocaust have been called the Righteous Among the Nations. One such rescuer, an American, was Varian Fry, who helped organize artist Marc Chagall's escape from France, for both him and his paintings.
France's Macron pushes for fast-track ban on social media for kids under 15
French President Emmanuel Macron says he wants to fast-track a ban on social media for teenagers under 15.
Transcript: Kirsten Hillman on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with Kirsten Hillman, the Canadian ambassador to the U.S., that will air on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
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.
Entertainment
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The adventures of Lauren Hutton, the original supermodel
As the face of Revlon, Lauren Hutton – called a "believable beauty" – became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks about her adventurous life of no regrets.
The adventures of Lauren Hutton
She didn't set out to be a model, or an actress, and several agencies rejected the gap-toothed Lauren Hutton, before Eileen Ford gave her a shot. As the face of Revlon, Hutton became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks with Anthony Mason about her adventurous life of no regrets – from living among the bushmen of the Kalahari, to a near-fatal motorcycle accident in 2000. Even of the low points she says, "I'd do it again in a second."
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including the iconic Italian fashion designer Valentino Garavani.
"Wonder and awe": The art of Ruth Asawa
In her choice of media, sculptor Ruth Asawa (1926-2013) employed a resourcefulness that stemmed from her early years on a farm – and in a WWII detention camp for Japanese Americans. She's now the subject of a retrospective at New York's Museum of Modern Art.
"Wonder and awe": The art of Ruth Asawa
Artist Ruth Asawa (1926-2013) made a name for herself as a sculptor in the San Francisco Bay Area, creating works using a wide range of media, employing a resourcefulness that stemmed from her early years on a farm in Southern California – and in a detention camp for Japanese Americans during World War II. She's now the subject of a retrospective on view at New York's Museum of Modern Art. Faith Salie 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
More Crime
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
More Latest CBS News Videos
Latest CBS News Videos
The adventures of Lauren Hutton
She didn't set out to be a model, or an actress, and several agencies rejected the gap-toothed Lauren Hutton, before Eileen Ford gave her a shot. As the face of Revlon, Hutton became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks with Anthony Mason about her adventurous life of no regrets – from living among the bushmen of the Kalahari, to a near-fatal motorcycle accident in 2000. Even of the low points she says, "I'd do it again in a second."
Extended interview: Josh Shapiro
In this web exclusive, the Democratic Governor of Pennsylvania talks with CBS News' Norah O'Donnell about his new memoir, "Where We Keep the Light: Stories from a Life of Service." He also talks about the April 2025 arson attack on his official residence, and the rise in political violence; how his mother's struggles with mental health as he was growing up helped shape his career in public service; how the Kamala Harris campaign engaged with him during their VP vetting process; and the importance of the 2026 midterms.
Josh Shapiro on a life of service and faith
In his new memoir, "Where We Keep the Light," Pennsylvania's Democratic Governor Josh Shapiro writes about how his childhood helped shape his lifetime of public service. In a wide-ranging interview, he talks with CBS News' Norah O'Donnell about the challenges he faced while growing up; the rise in political violence in America; and his future in the Democratic Party.
Why Greenland? All about the world's largest island
The United States and Denmark are longtime allies. But when it comes to Greenland, President's Trump's designs on acquiring the world's largest island "one way or the other" have stirred feelings of betrayal among Danes and Greenlanders. Mo Rocca gives us a history lesson about the geographical, economic and cultural importance of an island that is 80 percent covered in ice.
Trump's Greenland agenda causes "rupture" at Davos
At this past week's gathering of world and business leaders at Davos, Switzerland, President Trump's agenda items – to own Greenland, and to threaten tariffs against those who oppose him – was met with derision and bafflement. Seth Doane talks with Shashank Joshi, defense editor at The Economist, about how Mr. Trump's brand of diplomacy, including threats of military actions against NATO members, had delivered what Canadian Prime Minister Mark Carney called a "rupture" to transatlantic relations.