The Fed tightens just as the economy weakens
Suddenly, interest rates are rising quickly -- and could stay on that path -- even though GDP growth has hit a lull
Federal Reserve
Federal Reserve raises interest rates by another quarter-point
Hike is part of a long-term program, with two more increases seen this year, as Fed seeks to return rates to pre-crash level
Rising interest rates will leave nowhere to hide
With the Fed apparently set to keep hiking, stocks, bonds and buying power will all suffer as the monetary tide changes
U.S. hiring surged in February, boosting odds of Fed rate hike
Employers added a healthy 235,000 jobs last month, showing economy is on track seven years after the Great Recession's end
Surging stock market pushes U.S. household wealth to $93 trillion
Investments, plus rising home values, expands overall net worth by 2.3 percent in late 2016, but the rich get the bulk of it
The bull market: 8 years old -- and ready to collapse?
It's now the second-longest run for climbing stock prices -- that's a good reason to consider what could be next
Shadow banking is growing fast -- is that a threat?
Largely unregulated lenders have roared back since the financial crisis, stirring worries they'll spark another disaster
Is the Fed about to make a mistake?
Odds of another rate hike have surged as Yellen & Co. issue hawkish commentary, but they may be moving too fast
Yellen indicates Fed likely to hike interest rates this month
Federal Reserve chief says more a robust economy allows for rate rise, provided that economic and inflation indicators stay favorable
Don't get too excited about the Dow's last-second jump
With an 11-point gain in the closing moments of Friday's trading, the winning streak hit 11 days -- but it was a messy win
Wall Street's 2017 is starting to echo 1987
For many of the same reasons, the Dow has now matched that year's best-ever run -- which ended in a market crash
Fed officials on possible rate hike: "fairly soon"
Inflation pressures could lead central bank to boost interest rates faster than Wall Street expects -- as early as March, some experts say
5 things that could stymie stocks' steady rise
Wall Street's relentless surge has the Dow nearing 21,000, but investors may be ignoring these undermining forces
Janet Yellen defends Fed actions amid GOP criticism
The Federal Reserve chief faces Republican criticism of the central bank's action, as Democrats rally to her side
Janet Yellen: Delaying interest rate hikes "unwise"
Central bankers won't wait too long to boost rates, but March may come to soon for Federal Reserve
What will Yellen say about Trump’s economic plans?
When the Fed chair goes to Congress this week, how she tackles questions about policies that remain uncertain will be key
Dodd-Frank's legacy: safer banks, banker headaches
President Trump calls the law that reformed Wall Street "a disaster," even as bank profits and lending climb to new heights
Federal Reserve holds off on interest rate hike
As expected, the Fed puts off a rate boost while it eyes the Trump administration's plans on taxes, infrastructure and trade
Why the jobless rate could go even lower under Trump
Historically, unemployment below 5 percent has little room to fall further, but conditions may be different these days
What Donald Trump's U.S. economy could look like
His hard-edged positions on free trade, job offshoring and the tax code will change America, for good or for ill
After Dow 20,000, what should investors do?
An inexhaustible bull market has defied all expectations -- that makes it all the more difficult to see what's next
Watch out for a Trump-Yellen showdown
If interest rate hikes spark a stock market sell-off, it will be hard for the already anti-Fed president to ignore
Janet Yellen says Fed will hike rates "a few times" a year
Federal Reserve chief, in speech, lays out path to boost interest rates to goal of 3.0% by 2019 amid signs of wage growth
Stocks keep climbing, even as job growth slows
Here are several reasons for investors preferring to see the economic glass half-full
Are the Fed's Trumpflation fears misplaced??
Yellen & Co. suddenly seem skittish about overshooting their 2 percent inflation target, perhaps needlessly
Live
Markets embrace Iran ceasefire news despite ongoing strikes
Iran's attacks on Gulf states appear to continue but traffic slowly resumes in the Strait of Hormuz after Trump announces a conditional ceasefire.
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.
Hegseth, Caine holding news briefing after ceasefire announcement
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine are giving an update to reporters at the Pentagon.
Trump admin. personnel agency is asking for federal workers' medical records
The Office of Personnel Management is asking insurers that cover federal employees and retirees to hand over details about their medical visits, their pharmacy claims, and more.
Live
Breaking
Rex Heuermann, accused Gilgo Beach serial killer, expected to plead guilty
Accused Gilgo Beach serial killer suspect Rex Heuermann is due in a Long Island courtroom Wednesday, where he is expected to plead guilty to murdering seven women.
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.
Soldier's wife released after immigration agents detained her on base
Staff Sgt. Matthew Blank said he brought his wife, Annie Ramos, 22, to his base so that she could begin the process to receive military benefits and take steps toward a green card.
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.
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.
U.S.
More U.S.
Live
Breaking
Rex Heuermann, accused Gilgo Beach serial killer suspect, expected to plead guilty
Accused Gilgo Beach serial killer suspect Rex Heuermann is due in a Long Island courtroom Wednesday, where he is expected to plead guilty to murdering seven women.
Watch Live: Hegseth, Caine holding news briefing after ceasefire announcement
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine are giving an update to reporters at the Pentagon.
Bible stories might be made required reading for Texas public school students
A proposal to make Bible stories required reading in Texas public schools is putting the state at the center of another contentious battle over the role of religion in classrooms.
Trump admin. personnel agency is asking for federal workers' medical records
The Office of Personnel Management is asking insurers that cover federal employees and retirees to hand over details about their medical visits, their pharmacy claims, and more.
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.
MoneyWatch
More MoneyWatch
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
More Politics
Watch Live: Hegseth, Caine holding news briefing after ceasefire announcement
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine are giving an update to reporters at the Pentagon.
Bible stories might be made required reading for Texas public school students
A proposal to make Bible stories required reading in Texas public schools is putting the state at the center of another contentious battle over the role of religion in classrooms.
Trump admin. personnel agency is asking for federal workers' medical records
The Office of Personnel Management is asking insurers that cover federal employees and retirees to hand over details about their medical visits, their pharmacy claims, and more.
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.
HealthWatch
More HealthWatch
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
More World
Watch Live: Hegseth, Caine holding news briefing after ceasefire announcement
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine are giving an update to reporters at the Pentagon.
Live
Markets embrace Iran ceasefire news despite ongoing strikes
Iran's attacks on Gulf states appear to continue but traffic slowly resumes in the Strait of Hormuz after Trump announces a conditional ceasefire.
California man who co-founded powerful Mexican cartel pleads guilty in U.S.
Erick Valencia Salazar, aka "El 85," formed the Jalisco New Generation Cartel with "El Mencho" who was killed by the Mexican army in February.
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.
Entertainment
More Entertainment
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
More Technology
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
More Science
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
More Crime
Live
Breaking
Rex Heuermann, accused Gilgo Beach serial killer suspect, expected to plead guilty
Accused Gilgo Beach serial killer suspect Rex Heuermann is due in a Long Island courtroom Wednesday, where he is expected to plead guilty to murdering seven women.
California man who co-founded powerful Mexican cartel pleads guilty in U.S.
Erick Valencia Salazar, aka "El 85," formed the Jalisco New Generation Cartel with "El Mencho" who was killed by the Mexican army in February.
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.
Space
More Space
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
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
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.