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.
Federal Reserve
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
Fed officials struggled to assess Trump’s stimulus impact
The central bank’s latest policy meeting minutes show “substantial uncertainties” concerning the president’s plans
Get ready for the Fed's next scary policy change
With its sleepy interest rate hikes finally picking up speed, trimming its bloated balance sheet will be even trickier
Consumer spending posts tiny gain
But incomes rose smartly in February, as did a key gauge of inflation that the Federal Reserve watches closely
N. Korea investigated for possible role in massive heist
Federal investigators are looking into North Korea's possible role in a multimillion-dollar theft
Bankers no longer see a quick Dodd-Frank rollback
Their great expectations are being dashed as the Trump administration’s attention is focused elsewhere
Trump could hit a wall in boosting economic growth
Despite surveys showing soaring confidence among businesses, consumers and investors, the real economy isn't playing along
Rate hikes: Now the question is, how quickly?
The Fed plans two more this year, and a similar pace in 2018 and 2018, but a lot can happen to disrupt that timetable
Live
U.S. and Iran strike ceasefire, launching 2-week diplomatic push
President Trump announced that the U.S. and Iran had agreed to a two-week ceasefire in the war that was contingent on the reopening of the Strait of Hormuz.
Republican Clay Fuller to replace Marjorie Taylor Greene in House
Republican Clay Fuller faced Democrat Shawn Harris in a Georgia runoff election after Marjorie Taylor Greene stepped down from her House seat.
One hospice doctor. One year. $71.7 million worth of Medicare claims.
A CBS News investigation found one Los Angeles County hospice physician's name, Dr. Rajiv Bhuva, on Medicare claims for nearly 2,800 patients across 126 hospices in a single year.
Trump announces "double sided" ceasefire with Iran, says Strait of Hormuz must reopen
President Trump said he has agreed to a "double sided CEASEFIRE" with Iran, less than two hours before his deadline for Iran to either cut a deal with the U.S. or face massive strikes on its power plants.
U.S. journalist Shelly Kittleson released after kidnapping in Iraq
American journalist Shelly Kittleson is being released on the condition that she leave Iraq immediately, an Iranian-backed militia in Iraq says.
All DHS workers to be paid by end of week for past 6 weeks of shutdown
Homeland Security Secretary Markwayne Mullin said DHS employees affected by the government shutdown will be paid through the recent pay periods by the end of the week.
Few Republicans condemn Trump's Iran threat, Democrats call for removal
Republicans in Congress largely stayed silent, while dozens of Democrats called for President Trump to be removed from office after he threatened "a whole civilization will die tonight."
Lawsuit challenges DOJ memo finding presidential records law unconstitutional
A pair of organizations filed a lawsuit challenging the Justice Department's determination that a presidential records law is unconstitutional.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
U.S.
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Republican Clay Fuller to replace Marjorie Taylor Greene in House
Republican Clay Fuller faced Democrat Shawn Harris in a Georgia runoff election after Marjorie Taylor Greene stepped down from her House seat.
Daughter of missing American in the Bahamas seeks answers as search continues
Lynette Hooker's daughter, Karli Aylesworth, described her mother as an experienced swimmer who has been sailing for over 10 years.
Trump announces "double sided ceasefire" with Iran, says Strait of Hormuz must reopen
President Trump said he has agreed to a "double sided CEASEFIRE" with Iran, less than two hours before his deadline for Iran to either cut a deal with the U.S. or face massive strikes on its power plants.
All DHS workers to be paid by end of week for past 6 weeks of shutdown
Homeland Security Secretary Markwayne Mullin said DHS employees affected by the government shutdown will be paid through the recent pay periods by the end of the week.
AI will affect more than half of all U.S. jobs, analysis finds
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
MoneyWatch
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AI will affect more than half of all U.S. jobs, analysis finds
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
Average cost to raise a child now tops $300,000, study finds
Raising a child through age 18 is most expensive in Hawaii, where a family would spend an estimated $412,661 in 2026, LendingTree found.
Lawmakers call for CFTC crackdown on prediction markets
Prediction market bets on the fate of U.S. service members are "morally corrupt and completely unacceptable," one lawmaker said.
Gas prices could top $5 if Strait of Hormuz stays shut, J.P. Morgan says
Gas prices in the U.S. could near a record high later this month if the Strait of Hormuz remains sealed, energy industry experts warn.
Delta hikes bag check fee by up to $50 as jet fuel prices soar
Delta is the third major U.S. carrier to hike its bag fees, as airlines face surging jet fuel costs and other headwinds from the Iran war.
Politics
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Mullin visits town devastated by Hurricane Helene, promises reforms to FEMA
In his first official visit to a tiny North Carolina town devastated by Hurricane Helene, new Secretary of Homeland Security Markwayne Mullin reassured locals he intends to reform FEMA — not eliminate it.
Republican Clay Fuller to replace Marjorie Taylor Greene in House
Republican Clay Fuller faced Democrat Shawn Harris in a Georgia runoff election after Marjorie Taylor Greene stepped down from her House seat.
Few Republicans condemn Trump's Iran threat, Democrats call for removal
Republicans in Congress largely stayed silent, while dozens of Democrats called for President Trump to be removed from office after he threatened "a whole civilization will die tonight."
Trump announces "double sided ceasefire" with Iran, says Strait of Hormuz must reopen
President Trump said he has agreed to a "double sided CEASEFIRE" with Iran, less than two hours before his deadline for Iran to either cut a deal with the U.S. or face massive strikes on its power plants.
All DHS workers to be paid by end of week for past 6 weeks of shutdown
Homeland Security Secretary Markwayne Mullin said DHS employees affected by the government shutdown will be paid through the recent pay periods by the end of the week.
HealthWatch
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Exclusive
2 more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Social media driving teens toward steroids, extreme body transformations
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
He thought he was in good health — until fainting during a bike ride
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
World
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Few Republicans condemn Trump's Iran threat, Democrats call for removal
Republicans in Congress largely stayed silent, while dozens of Democrats called for President Trump to be removed from office after he threatened "a whole civilization will die tonight."
Trump announces "double sided ceasefire" with Iran, says Strait of Hormuz must reopen
President Trump said he has agreed to a "double sided CEASEFIRE" with Iran, less than two hours before his deadline for Iran to either cut a deal with the U.S. or face massive strikes on its power plants.
U.S. journalist Shelly Kittleson released after kidnapping in Iraq
American journalist Shelly Kittleson is being released on the condition that she leave Iraq immediately, an Iranian-backed militia in Iraq says.
Kanye West barred from entering U.K. after criticism over antisemitic remarks
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
Family missing for 7 days found alive by U.S. Coast Guard in Pacific
A family of three was found alive by the U.S. Coast Guard, seven days after they went missing on a small boat in the western Pacific Ocean.
Entertainment
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Entertainment
Extended interview: Billy Idol
Billy Idol speaks with Anthony Mason about his music career, his life, his stage persona and more.
Kanye West barred from entering U.K. after criticism over antisemitic remarks
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
Extended interview: Mumford & Sons
Marcus Mumford, Ben Lovett and Ted Dwane, members of Mumford & Sons, talk to Anthony Mason about their new album, "Prizefighter," moving forward without Winston Marshall in the band and their upcoming tour.
Referees honor "Hoosiers" decades later
The movie "Hoosiers" was released nearly 40 years ago, but its legacy lives on through a group of Indiana referees and a basketball icon in the state. Omar Villafranca reports.
Controversy surrounding the movie "The Drama"
(Spoilers ahead): The new film "The Drama," which stars Zendaya and Robert Pattinson, is stirring controversy and even some criticism over a shocking admission made by Zendaya's character. Nigel Smith, a senior news editor with People, breaks down the big reveal and if he thinks the backlash is warranted.
Technology
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AI will affect more than half of all U.S. jobs, analysis finds
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
H-1B visa program changes impact global talent
Trump administration changes to the U.S. H-1B visa program have impacted the global talent coming to the U.S. CBS News' Shanelle Kaul reports from India.
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.
The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
Science
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Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Artemis II astronauts speak during historic lunar mission
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
What Artemis II astronauts will do in space
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
Crime
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Crime
CBS News tracks down doctor connected to fraud
Acting Attorney General Todd Blanche announced a widening federal crackdown on fraud on Tuesday. Meanwhile, Adam Yamaguchi tracked down a doctor whose practice raised multiple red flags.
Update on CA hospice care investigation
CBS News' Adam Yamaguchi is seeking answers from a hospice doctor who submitted claims for more than 20 times the number of patients that the average California doctor cares for in a year.
Shooting near Israeli Consulate in Istanbul
Local officials confirmed a shooting near the Israeli Consulate in Istanbul, Turkey. CBS News' Ramy Inocencio reports.
LA's most connected hospice doctor
CBS News is investigating red flags and possible fraud in the hospice industry. A hospice doctor submitted claims for more than 20 times the number of patients the average California doctor cares for in a year. Adam Yamaguchi reports.
Decorated soldier charged with committing 5 war crime murders
Ben Roberts-Smith was awarded the Victoria Cross in 2011, a medal reserved for only the most courageous wartime exploits.
Space
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Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Artemis II crew on path back to Earth after historic trip around the moon
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
Artemis II astronauts find hidden Easter eggs as they close in on the moon
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
Artemis II crew take new photo of far side of the moon
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
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.
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
Extended interview: Billy Idol
Billy Idol speaks with Anthony Mason about his music career, his life, his stage persona and more.
Ex-astronauts react to Artemis II's lunar flyby
On Monday, the Artemis II crew traveled farther from Earth than any human before. As the Orion capsule made its lunar flyby, the four astronauts aboard became the first humans to see some parts of the moon's far side with the naked eye. Several former NASA astronauts joined CBS News to weigh in on the historic moment.
Details on Iranian proposal at center of ceasefire
President Trump has announced that he will suspend attacks on Iran for two weeks. CBS News' Imtiaz Tyab, Courtney Kealy and Aaron MacLean have the latest.
Antonio Villaraigosa on California governor bid
The crowded field of Democratic candidates running for governor of California is splitting the liberal vote so much that two Republican candidates are regularly polling at the top in the blue state. Democratic candidate and former Los Angeles Mayor Antonio Villaraigosa joins "The Takeout" to discuss his campaign.
Artemis II astronauts on Day 7
With the Artemis II crew making its way back home to Earth, NASA has released stunning photos the astronauts took during their historic lunar fly-by. CBS News national correspondent Mark Strassmann has more from the Johnson Space Center in Houston.