Federal Reserve cuts growth forecast for U.S. economy
Central bank stands pat on interest rates and signals there may be no more hikes in 2019
Federal Reserve
Fed Chair Powell on economic inequality
The chair of the Federal Reserve discusses the impact of low mobility and the "legacy of slavery" — and how the Fed can address it
Highlights from Jerome Powell's 60 Minutes interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
Fed chair: "We don't feel any hurry" to raise interest rates
"Can the president fire you?" Scott Pelley asked the Fed chair and Trump Twitter target. "No," Jerome Powell answered
The Federal Reserve, 10 years after the Great Recession
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his 60 Minutes interview with former Fed Chair Ben Bernanke in 2009
Jerome Powell: The 60 Minutes Interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
Full 60 Minutes interview with Fed Chair Jerome Powell
What is the Federal Reserve Chairman’s view on the health of the U.S. economy? A transcript of Scott Pelley’s interview with Jerome Powell on "60 Minutes"
Fed Chair Jerome Powell to appear on "60 Minutes"
Correspondent Scott Pelley interviews Powell along with his predecessors Ben Bernanke and Janet Yellen
Fed chief Jerome Powell says U.S. economy likely to slow
Federal Reserve Chairman expects economic growth to weaken this year, but says the job market remains strong
Yellen says Trump doesn't understand what the Fed does
Former Fed chief says the president's comments about Jerome Powell "could undermine confidence" in the central bank
Record number of Americans behind on car loan payments
There are now 1 million more people behind on payments by three months than there were in 2010
Paul Volcker calls out Trump on trade and taxes
The former Federal Reserve chair laments the president's approach as divisive, "all threats and demands"
"You feel so overwhelmed": Fed reports $1 trillion increase in debt
The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying
Trump and Fed Chair Powell finally meet again, over dinner
After more than a year, the two dined at the White House on Monday, but didn't discuss the future of interest rates
Herman Cain on "fairly large list" of nominees for Fed board
Cain's candidacy imploded after being accused of sexual harassment and a woman alleged a longterm affair
Jay Powell: "The case for raising rates has weakened"
The Federal Reserve chair pointed to low inflation and slower global growth as the Fed kept interest rates steady
Fed interest rate: Investors hope Fed's Powell pauses rate hikes
The Federal Reserve is expected to leave rates unchanged, but investors want reassurance the pause will last
What's causing rural America's "brain drain"
The opportunity gap between cities and rural America has never been bigger -- and student loans may be to blame
Jay Powell: "I don't see a recession" in 2019
The Federal Reserve chief also says he'll be "patient" with rate hikes while looking at the global economic picture
Federal Reserve cautious on future rate hikes
Some monetary policymakers didn't want to raise interest rates in December, signaling concern about economic slowdown
Fed Chair says he wouldn't resign if Trump asked
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
Trump talks shutdown, economy, Russia probe
President Trump says the partial government shutdown will continue until Congress agrees to fund a border wall. He spoke about that plus concerns about the economy and other issues from the Oval Office on Christmas Day. Watch his remarks.
President Trump blames Fed for economic jitters
As market rout deepens, the president is ratcheting up the tension with monetary policymakers
Dow falls below 23,000 for first time in 14 months
After years of easy money, investors are spooked by rising interest rates and slowing U.S. growth
What to do (and not do) as interest rates rise
Sure, the economy keeps growing even with the Fed's latest rate hike, but you still need to be ready for what's ahead
Trump welcomes China's Xi for state dinner at White House
President Trump hosted Chinese President Xi Jinping as the world's two most powerful countries grapple with a rivalry over advanced AI.
Investigation
Commander rejected plans to rebase before deadly drone strike, sources say
Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, a commander opted not to rebase farther from Iran.
Journalists regain access to White House after judge blocks Trump's media ban
Reporters whose White House access was revoked were allowed to enter the complex again, hours after a judge ordered the Trump administration to restore their press credentials.
Israel's Netanyahu addresses U.N. as many leaders walk out
Benjamin Netanyahu focused on Iran, and on defending Israel's actions in Gaza and the West Bank amid condemnation from fellow leaders at the U.N.
GOP Sen. Thom Tillis on Trump-Xi visit: "It's a WTF moment"
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
Live
Oil prices back up as U.S. and Iran trade threats to expand 7-month war
As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again.
New Trump-focused "Love Me" ad campaign paid for by taxpayers hits airwaves
Ads promoting President Trump and paid for by American taxpayers are now airing on network and national cable.
Pentagon probing how shipment of F-35 fighter jet parts was diverted
The U.S. is trying to retrieve the parts, which were reported by Bloomberg News to be in China's possession.
First on CBS
Trump to headline "Golden Age" event with top officials, tech executives
President Trump is slated to speak on Tuesday in Washington at an event that features Elon Musk, Jensen Huang and others, according to invitation materials reviewed by CBS News.
U.S.
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Abraham Accords countries hold first official meeting since Oct. 7 attacks
Ten blocks away from the United Nations General Assembly, U.S. diplomats quietly kickstarted the expansion of the Abraham Accords from the 43rd floor of a midtown Manhattan office tower.
This week on "Sunday Morning" (Sept. 27)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Bob Pettit, NBA Hall of Famer and its first MVP, dies at 93
Bob Pettit was an All-American at LSU before going on to the NBA, where he was an All-Star for each of his 11 seasons, all with the Hawks. He led them to the 1958 championship over the mighty Boston Celtics, the Hawks' lone title.
Mistress testifies in trial of "American Idol" contestant charged in wife's murder
Caleb Flynn, a former "American Idol" contestant, is charged with killing his wife Ashley Flynn in February and then staging the crime scene.
New Trump-focused "Love Me" ad campaign paid for by taxpayers hits airwaves
Ads promoting President Trump and paid for by American taxpayers are now airing on network and national cable.
MoneyWatch
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New bill would lower Social Security retirement age for some workers
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
Why the bond market is freaking out, and what it means for your money
Investors are increasingly nervous about rising inflation, which could require the Federal Reserve to hike interest rates.
Mortgage rates are back above 7%. How much higher could they climb?
Rates are "far more likely to go up than down by the end of the year," a senior economist at Realtor.com told CBS News.
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Small businesses roll the dice on Kalshi to manage their risks
Hundreds of small businesses are using the prediction market to hedge against a range of business risks, according to Kalshi. Here's how.
Politics
More Politics
Abraham Accords countries hold first official meeting since Oct. 7 attacks
Ten blocks away from the United Nations General Assembly, U.S. diplomats quietly kickstarted the expansion of the Abraham Accords from the 43rd floor of a midtown Manhattan office tower.
First on CBS
Trump to headline "Golden Age" event with top officials, tech executives
President Trump is slated to speak on Tuesday in Washington at an event that features Elon Musk, Jensen Huang and others, according to invitation materials reviewed by CBS News.
Investigation
Commander rejected plans to rebase before deadly drone strike, sources say
Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, a commander opted not to rebase farther from Iran.
New Trump-focused "Love Me" ad campaign paid for by taxpayers hits airwaves
Ads promoting President Trump and paid for by American taxpayers are now airing on network and national cable.
GOP Sen. Thom Tillis on Trump-Xi visit: "It's a WTF moment"
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
HealthWatch
More HealthWatch
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
Even the smallest joys can help prevent suicide, researchers say
New research highlights common themes shared by people who found reasons to keep living through dark times.
First on CBS
JB Pritzker reveals GLP-1 use, pressed on possible presidential run
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
Her son was dying, but his rare cancer made it difficult to get the right drug
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
World
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Abraham Accords countries hold first official meeting since Oct. 7 attacks
Ten blocks away from the United Nations General Assembly, U.S. diplomats quietly kickstarted the expansion of the Abraham Accords from the 43rd floor of a midtown Manhattan office tower.
Investigation
Commander rejected plans to rebase before deadly drone strike, sources say
Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, a commander opted not to rebase farther from Iran.
GOP Sen. Thom Tillis on Trump-Xi visit: "It's a WTF moment"
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
Pentagon probing how shipment of F-35 fighter jet parts was diverted
The U.S. is trying to retrieve the parts, which were reported by Bloomberg News to be in China's possession.
Officer thwarted Ontario synagogue shooting despite life-threatening injuries
Constable Jeff Smith was shot several times, suffering wounds to his head and torso, but continued fending off the attack until a second officer arrived.
Entertainment
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Sylvester Stallone jokes about one of his wildest jobs before fame
Sylvester Stallone said he took a series of odd jobs to make ends meet before the bruised but unbowed Rocky Balboa.
Sylvester Stallone on cleaning lion cages
Sylvester Stallone took on a series of odd jobs to make ends meet before becoming a Hollywood legend. He tells correspondent Tracy Smith about one of his wildest gigs. Watch more of their conversation this weekend on "CBS Sunday Morning."
Kim Kardashian on "Team Moms: Baseball"
Kim Kardashian and the producers of "Love Island" teamed up to create "Team Moms: Baseball," a new reality show exploring the cutthroat world of elite kids' sports. Kim Kardashian and producer Natalie Ento sat down with "Entertainment Tonight" host Nischelle Turner to explain more.
First look at Taylor Swift's "Patient Zero"
"CBS Mornings" shares an exclusive first look at the video for Taylor Swift's new single, "Patient Zero."
Exclusive
Taylor Swift to debut "Patient Zero" music video at VMAs. Watch a preview.
Taylor Swift announced her new single "Patient Zero" earlier this week, saying she has been "impatiently waiting" to announce that it will be out on Friday.
Technology
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Technology
Andreessen Horowitz introduces AI school
The Horowitz Andreessen Academy is offering students a college alternative focused on artificial intelligence. CEO Gagan Biyani joins CBS News to discuss the revolutionary idea.
Rogue AI agent hacks government website
Australia says an OpenAI model hacked a government website containing health information. CBS News' Jo Ling Kent 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.
Will Trump and Xi take on AI during visit?
More details on alarming cases involving rogue AI models are emerging as President Trump meets with Chinese President Xi Jinping in Washington, D.C. Meanwhile, calls for regulation are growing louder. CBS News contributor Patrick McGee joins with more.
OpenAI model hacked Australia healthcare site
Australia's Prime Minister Anthony Albanese is fuming after an OpenAI model hacked a government website in June. CBS News' Ramy Inocencio breaks down the details on the historic attack.
Science
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Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
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Officer thwarted Ontario synagogue shooting despite life-threatening injuries
Constable Jeff Smith was shot several times, suffering wounds to his head and torso, but continued fending off the attack until a second officer arrived.
U.S. troops help Ecuador arrest dozens linked to ruthless cartel
The operation "was conducted jointly with U.S. troops and the Drug Enforcement Administration (DEA)," Ecuador's interior minister said.
Police accused of misusing Flock cameras
Concerns are growing over the potential misuse of automated license plate readers. Five police officers in Indianapolis are the latest to face criminal charges for allegedly using Flock cameras to track romantic partners and others.
Accused Nazi POW camp guard, 105, being investigated in Germany
The man is "accused of being an accessory to multiple murders through his activities there," prosecutors said.
Pittsburgh doctor attacked and killed while he slept, wife also stabbed
Dr. Idris Evans, a physician and medical director from UPMC Children's Hospital in Pittsburgh, was killed in an overnight stabbing.
Space
More Space
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
Latest Galleries
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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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
9/24: CBS Evening News
Trump hosts Xi Jinping at White House; Sen. Thom Tillis on elaborate Trump-Xi visit.
Week 3 of NFL season kicks off
Week 3 of the NFL season kicks off on Thursday with the Atlanta Falcons heading to Wisconsin to face the Green Bay Packers. CBS Sports NFL analyst Mike Renner has more.
Trump's lavish state dinner for Xi underway
President Trump and first lady Melania Trump welcomed China's Xi Jinping and his wife to the White House for a state dinner on Thursday night. CBS News correspondent Natalie Brand has the latest.
Legal expert on judge lifting Trump media ban
A judge temporarily halted President Trump's ban on three media outlets on Thursday, citing due process concerns. CBS News legal contributor Jessica Levinson breaks down the constitutional questions.