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
Federal Reserve
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
JPMorgan's Jamie Dimon on China, immigration and the cyber threat
CEO of nation's largest bank says financial firms and government should work more closely to protect financial system
Fed nudges up key interest by a quarter-point
Monetary policymakers say U.S. economy is gaining speed, move to hike rates for the first time this year
One headwind the stock market can't keep bucking
Wall Street, especially tech stocks, has overcome Trump's tariffs -- but the Fed's removal of stimulus will continue
60 Minutes, 03.15.09
With the weight of the U.S. economy falling largely on his shoulders, Scott Pelley speaks with Federal Reserve Chairman Ben Bernanke; Lesley Stahl profiles Alice Waters and her "slow food" revolution; And, Andy Rooney on the era of newspapers.
At least 80 dead in Congo's Ebola outbreak as WHO declares public health emergency
At least 80 deaths have been reported in Congo's new Ebola disease outbreak in the eastern Ituri province, authorities said.
GOP Sen. Cassidy fights to hold onto seat in Louisiana primary
Louisianans voted Saturday in the state's Senate primaries as Sen. Bill Cassidy fights to hold onto his seat, facing a Trump-backed primary challenger.
Live
Israel strikes Lebanon as Iran says it "cannot trust the Americans"
Two days of talks in Washington between Lebanon and Israel produced an extension of the current ceasefire by 45 days.
Thousands march in "Unite the Kingdom," far-right rally in central London
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.
Days after Trump's summit in Beijing, Putin will meet with China's Xi
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.
Colorado River crisis could force drastic water measures across the West
Approximately 40 million people across the West depend on the Colorado River for water every single day. But the region could soon face drastic measures as the river keeps shrinking.
Exorbitant World Cup ticket prices creating sticker shock for soccer fans
FIFA President Gianni Infantino joked that if someone does pay $2 million for a ticket to the World Cup final, "I will personally bring him a hot dog and a Coke."
Iran men's soccer team heading to Turkey for World Cup preparations
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.
Venezuela says it deported Alex Saab, a key Maduro ally, to the U.S.
Venezuela's government says it has deported a close ally of Nicolás Maduro to face judicial proceedings in the U.S. less than three years he was pardoned by President Joe Biden.
U.S.
More U.S.
Exorbitant World Cup ticket prices creating sticker shock for soccer fans
FIFA President Gianni Infantino joked that if someone does pay $2 million for a ticket to the World Cup final, "I will personally bring him a hot dog and a Coke."
Colorado River crisis could force drastic water measures across the West
Approximately 40 million people across the West depend on the Colorado River for water every single day. But the region could soon face drastic measures as the river keeps shrinking.
Iowa farmers, feeling the strain, hope for positive outcome from Trump's China summit
The war with Iran has created an additional strain for farmers, raising the price of diesel by about 50%. The cost of nearly everything else, from seed to fertilizer, is rising too.
Venezuela says it deported Alex Saab, a key Maduro ally, to the U.S.
Venezuela's government says it has deported a close ally of Nicolás Maduro to face judicial proceedings in the U.S. less than three years he was pardoned by President Joe Biden.
Napoleon Solo wins Preakness Stakes at Laurel Park
Napoleon Solo hustled to first place at the 151st running of the Preakness Stakes on Saturday, coming out on top against 13 other horses.
MoneyWatch
More MoneyWatch
Ice cream sold in 17 states recalled for potential metal fragments
No injuries have been reported because of the issue, the Food and Drug Administration said.
Trump talks up trade deals with China, but experts see no big wins for U.S.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Which college majors offer the best long-term return on investment?
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
How will Jerome Powell be remembered as he exits as Fed chair?
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 becomes latest state to sue Roblox over child safety concerns
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.
Politics
More Politics
Thousands march in "Unite the Kingdom," far-right rally in central London
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.
Days after Trump's summit in Beijing, Putin will meet with China's Xi
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.
GOP Sen. Cassidy fights to hold onto seat in Louisiana primary
Louisianans voted Saturday in the state's Senate primaries as Sen. Bill Cassidy fights to hold onto his seat, facing a Trump-backed primary challenger.
Trump says U.S. has killed Islamic State leader in Nigeria
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.
Controversial FDA official leaving drug center post in latest departure at agency
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.
HealthWatch
More HealthWatch
Version of hantavirus behind deadly outbreak matches known strain, France says
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
At least 80 dead in Congo's Ebola outbreak as WHO declares public health emergency
At least 80 deaths have been reported in Congo's new Ebola disease outbreak in the eastern Ituri province, authorities said.
A hospital worker felt healthy. Then he had 3 heart attacks in 4 days.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
New York doctor who survived Ebola says he fears for healthcare workers
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.
Controversial FDA official leaving drug center post in latest departure at agency
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.
World
More World
Iran men's soccer team heading to Turkey for World Cup preparations
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.
Bulgaria wins Eurovision Song Contest clouded by politics and protests
This year's field of 35 contestants is the smallest since 2003.
Thousands march in "Unite the Kingdom," far-right rally in central London
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.
Former mayor and aide killed in shooting in Colombia weeks before election
Colombia's presidential elections are scheduled for May 31, marking the end of the term for Gustavo Petro, the country's first leftist president.
At least 80 dead in Congo's Ebola outbreak as WHO declares public health emergency
At least 80 deaths have been reported in Congo's new Ebola disease outbreak in the eastern Ituri province, authorities said.
Entertainment
More Entertainment
Bulgaria wins Eurovision Song Contest clouded by politics and protests
This year's field of 35 contestants is the smallest since 2003.
"Survivor" superfan builds her own tribe
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.
"Dutton Ranch" stars on Texas transition
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.
Taj Mahal performs "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 "Time."
Taj Mahal performs "Queen Bee"
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."
Technology
More Technology
Technology
Atlanta residents report Waymo traffic jams
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Waymos get in Atlanta traffic jam
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.
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.
Oklahoma becomes latest state to sue Roblox over child safety concerns
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.
How the Trump-Xi summit could impact AI race
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.
Science
More Science
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
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.
Crime
More Crime
Crime
Details on charges against Mohammad Al-Saadi
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.
Terror plot foiled, suspect under arrest
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.
Iraqi man charged with terror plot: officials
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.
Sources: Iraqi national planned synagogue attacks
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.
Iraqi national accused of plotting attacks
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.
Space
More Space
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
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."
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
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
Veterans reunite with vintage war planes
In Peru, Illinois, the veterans reunite with the vintage warplanes they once flew. Noel Brennan has the story.
World Cup prices shock fans
Anticipation is building for next month's World Cup Soccer Tournament, and so are costs, for both fans and the host cities. Adam Yamaguchi has more.
Colorado River in crisis
The Colorado River is on the brink of disaster. Its water is shared by seven states, which is a big part of the problem. Jonathan Vigliotti reports.
Railroad employees on strike in New York
Workers for the busiest commuter rail service in North America are on strike. 3,500 Long Island Rail Road employees walked off the job in New York. Ali Bauman reports.
Iowa farmers on economic toll
Many struggling American farmers had big hopes for President Trump's China summit. But many were still left with questions. Lana Zak reports.