Why rising interest rates are rattling investors
The stock market is struggling to adjust to a new era, where returns are no longer juiced by ultra-low rates
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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"
The Federal Reserve chair was bullish on the economy, saying the typical worker is better off now than a year ago
The Fed's interest rate hikes are leading to higher rates for your cash, but you have to know where to look
Fed chief Jerome Powell faces new pressure to raise rates thanks in part to President Trump's trade and tax actions
The USS Abraham Lincoln has been deployed for almost nine months and is expected to be replaced in the Middle East.
Tropical Storm Lala could bring heavy rain, high winds and dangerous surf and rip currents to the Hawaiian Islands as a hurricane this weekend, forecasters say.
Luigi Mangione entered a guilty plea in his federal case at a court appearance in Manhattan Friday morning.
Indonesian authorities issued, then lifted, a tsunami warning after the powerful earthquake hit Saturday morning.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
The USS George Washington aircraft carrier departed Vietnam last week and is headed to the Middle East to replace the USS Abraham Lincoln, according to a U.S. official.
Jason Arday, who was Cambridge's youngest Black professor, died in London on Friday, the school said.
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
An air traffic controller's quick thinking helped avert a dangerous situation when two jets, one landing in Phoenix and the other simultaneously taking off, shared the same flight number and radio frequency.
An air traffic controller's quick thinking helped avert a dangerous situation when two jets, one landing in Phoenix and the other simultaneously taking off, shared the same flight number and radio frequency.
For the last 26 years at Bishop Kelley High School in Tulsa, Oklahoma, the seniors surround the cars of the incoming freshmen and don't let them out until they do one specific thing: give their mothers a goodbye kiss.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
The U.S. has refunded more than $100 billion in illegal tariffs to businesses, and some of that money is going to consumers — here's what to know.
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
Along the Texas-Mexico border, prosecutors say a group of businessmen found a way to monopolize the trade of used cars — a scheme called "the Pool." This week, authorities say they caught one alleged member.
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
The top federal prosecutor in Washington, D.C., said a woman has been arrested and faces two felony charges related to vandalism of the World War II Memorial.
The Trump administration asked the Supreme Court to intervene in the legal battle over President Trump's White House ballroom.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
Hospitals and other medical providers are increasingly asking for payment before providing care, collecting more of what patients might owe.
Indonesian authorities issued, then lifted, a tsunami warning after the powerful earthquake hit Saturday morning.
Jason Arday, who was Cambridge's youngest Black professor, died in London on Friday, the school said.
The Caroline Bezengi, linked to Russia's so-called shadow fleet, is carrying millions of gallons of oil and has run aground off the coast of Oman.
Jessica Bang collapsed on Aug. 1 as she was preparing in Thailand for a tournament and was transported to a hospital in Bangkok.
The Royal Navy and shipwreck hunters have been searching in vain for the remains of HMS Tiger for over a century.
Natalie Morales speaks to some of the stars behind the new film, "Paw Patrol: The Dino Movie." They explain what they love about the franchise and what they hope the audience takes away from the movie.
"CBS Mornings" co-host Gayle King went inside a rehearsal with singer Becky G as she gives fans a sneak peek at a new single before her upcoming album's release.
Lovina Hershberger Zook, who left the Amish faith, today shares recipes of the Amish with her more than six million followers on social media.
America's #1 Sunday morning news program announces a new collaboration beginning Sept. 28 to bring conversations with the biggest newsmakers in the arts, politics and culture to the stage, and streamed online.
Becky G spoke exclusively with "CBS Mornings" co-host Gayle King about her rise to fame, being the breadwinner of the family at a young age and her new music.
France's social media ban, which was due to take effect on Sept. 1, would have barred younger users from networks such as TikTok, Snapchat and Instagram.
AI is making its way into people's love lives - some say it has helped to improve their conversations while others have used it to end a relationship. Dr. Sue Varma discusses how to use AI properly, set boundaries and identify warning signs of becoming too emotionally dependent.
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.
Flock CEO Garrett Langley sat down with CBS News' Anna Schecter and discussed allegations of the technology's misuse by law enforcement.
As students across the country head back to the classroom, some schools, educators and parents are rethinking how much they utilize technology and screen time. Nicole Valdes has more.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
A major development in the Luigi Mangione case: after previously pleading not guilty to federal stalking charges, Mangione changed his plea to guilty and also admitted to shooting United Healthcare CEO Brian Thompson. CBS News legal analyst Caroline Polisi and CBS News legal reporter Katrina Kaufman examine what changed, why the plea change matters, and what comes next in the state murder case.
Three masterworks lifted off the walls of an Italian museum last March have been recovered, and five accused thieves have been arrested. Jonathan Vigliotti reports.
On Friday, Luigi Mangione pleaded guilty in federal court to stalking and killing UnitedHealthcare CEO Brian Thompson, describing how he tracked down and shot him. Tom Hanson has the story and Caroline Polisi offers her legal analysis.
President Trump is touting the FBI's newest crime numbers which showed a significant drop in violent crime in 2025. CBS News' Anna Schecter reports.
Luigi Mangione pleaded guilty on Friday to federal charges for the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal contributor Jessica Levinson joins with analysis.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
The Trump administration asked the Supreme Court on Friday to intervene and allow him to construct a new 90,000-square-foot ballroom in place of the demolished White House East Wing. CBS News' Nancy Cordes reports.
A major development in the Luigi Mangione case: after previously pleading not guilty to federal stalking charges, Mangione changed his plea to guilty and also admitted to shooting United Healthcare CEO Brian Thompson. CBS News legal analyst Caroline Polisi and CBS News legal reporter Katrina Kaufman examine what changed, why the plea change matters, and what comes next in the state murder case.
The USS Washington is on its way to replace the USS Lincoln in the United States' fight against Iran in the Middle East following reports of mental health issues and poor conditions on board. CBS News' Samantha Vinograd has more.
Maggie Meza, executive director of the Blue Star Families Southern California chapter, joins CBS News to discuss the toll of having a loved one deployed as concerns continue to rise about conditions on the USS Lincoln.
A new video shows the moment a fighter jet crashed into a mountain in Washington State in June. The pilot survived. Mark Strassmann has the details.