Consumers' total debt climbs to a fresh record
And so does the category that includes credit card balances, which are now well over $1 trillion
Federal Reserve
Wall Street's smooth sailing enters choppy waters
After a historic period of market calm, a sell-off in tech stocks could be signaling the start of renewed volatility
Fed pauses on rates, blames low inflation
Low inflation continues to flummox the Fed nearly eight years after the economic recovery began
Yellen tells Congress more rate hikes are coming
Federal Reserve chief paints a broadly positive picture of the U.S. economy and predicts faster inflation
Second-quarter earnings have Wall Street on edge
With the next profit reports set to start, investors expect great things -- but plenty of wild cards could make trouble
The Fed confirms more rate hikes are on tap
Janet Yellen will tell Congress next week the central bank plans to raise rates once more this year and three times in 2018
Fed weighing when to start selling off trillions in bonds
Central bank officials agree that the economy is in good enough shape to start balancing its books
Will second half of 2017 rattle Wall Street?
After easy gains so far this year, investors could face a more difficult path ahead amid Washington uncertainty.
How Warren Buffett bagged a $12 billion profit on bank deal
Storied investor bet on Bank of America when it was reeling from the housing crash -- now he's reaping the reward
3 things the Fed fears -- and so should you
Watch closely as central bank policymakers focus their efforts on containing these potential economic game-changers
Sure looks like a bubble forming on Wall Street
With stock values at extreme highs and basic economic support dwindling, investors' enthusiasm is feeding a froth
Why Fed rate hikes are raising anxieties
As the central bank tightens credit conditions, the risks to the stock market and U.S. economic growth are climbing
CD rates are still anemic, but these are the best now
Interest rates on one- through five-year CDs are rising more quickly among internet banks, both new and established
Fed's economic forecasts differ wildly from Trump's
President imagines 3% annual growth, while the Fed says the U.S. economy would be lucky to hit 2% -- huge difference, America
Federal Reserve hikes interest rates another 0.25%
Short-term rates rise another quarter point, to 1.25 percent, as the economy logs modest but steady improvements
Fed rate hikes might give Wall Street an unpleasant surprise
What if the Federal Reserve boosts rates higher than the investment community expects? It won't be pretty
How Fed's trillions in bond holdings could push up rates
Central bank holds $4.5 trillion in bonds, which it likely wants to halve, affecting mortgages and other long-term borrowing
Will a not-so-hot economy cool Fed rate hikes?
The slowing pace of job gains and other mixed data points are complicating matters ahead of the coming policy meeting
Keep a sharp eye on the Fed's new meeting minutes
What Wall Street craves now is clues about the timing of the next rate hikes, and those minutes are where to look
Thanks, Fed: Student loan rates to rise July 1
Rates spiking on most college loans for the coming school year, adding $1,300 to typical debt load for a bachelor's degree
Don't let rising interest rates sink your 401(k)
Chances are you have some bond funds in there, and they could soon start suffering if rates keep climbing this year
Federal Reserve keeps interest rates steady -- June hike likely
Central bank chalks up recent bout of weak U.S. economic growth to "transitory" factors, expects job market to firm
Given an uneven economy, the Fed will likely stay put
Despite reports of soaring confidence, weak first-quarter GDP has Wall Street believing Yellen & Co. won't hike again now
Was the GDP report really so terrible?
Despite the slowest growth in three years -- with the weakest consumer performance since 2009 -- silver linings abound
Consumer prices and retail sales dip, stirring doubts on economy
March results for inflation and stores shows slowed economic momentum, but shouldn't thwart next Federal Reserve rates hike
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.
More U.S.
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
More MoneyWatch
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
More HealthWatch
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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Behind the scenes of Shen Yun
The Falun Gong dance troupe produces what it describes as a vision of "China before communism." The touring company says it's been targeted by Beijing. Now former performers are suing, alleging forced labor and untreated injuries, allegations Shen Yun disputes.
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.
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
Latest details on fatal Minneapolis shooting
Videos and eyewitness accounts of a Border Patrol agent's fatal shooting of Alex Pretti in Minneapolis are differing from Trump administration statements. Lana Zak has the latest.
This is "Face the Nation with Margaret Brennan," Jan. 25, 2026
This week on "Face the Nation with Margaret Brennan," Minneapolis Police Chief Brian O'Hara discusses yesterday's fatal shooting by a Border Patrol agent. House Majority Leader Steve Scalise, Sen. Angus King and Canadian Ambassador Kirsten Hillman also join.
Nature: Olympic Peninsula in Washington State
We leave you this Sunday along the rugged coast of the Olympic Peninsula in Washington State. Videographer: Lance Milbrand.
Behind the scenes of Shen Yun
For two decades, Shen Yun has presented Chinese history and culture through sweeping dance and soaring music, offering what it describes as a vision of "China before communism." Run by the spiritual movement Falun Gong, the production now faces lawsuits alleging forced labor and untreated injuries. Correspondent Lisa Ling speaks with former performers who say they lived in fear as child laborers; and with Shen Yun leaders who dispute those claims and, for the first time, granted access inside their guarded headquarters, Dragon Springs.
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."