Janet Yellen gives rare speech as Trump decides her fate
"I try to stay in my lane and I'm not going to get involved" in comments on tax reform, the U.S. Federal Reserve System chair said
Federal Reserve
5 finalists have a shot to be the Fed's next chief
President Trump is said to be ready to make his choice from this group before he heads to Asia on Nov. 3
Trump may interview Janet Yellen for her Fed job
Her current term as chair expires Feb. 3, but she's still among those he's considering to run the Federal Reserve
Inflation holds the key for Wall Street
As long as price increases remain tepid, investors trust low interest rates will persist -- but change is coming
Yellen's upbeat economic message may signal rate hikes
Federal Reserve Chair Janet Yellen outlined a bright view of the U.S. economy, which suggests the central bank may hike rates again
Inflation remains muted, and the Fed isn't sure why
Central bankers seem divided over whether to keep hiking interest rates this year despite low jobless rate
Can anything pull stock prices back to earth?
Amid one of the calmest, most consistent stock rallies in history, investors seem to think it can't end
Trump met with possible Yellen successor as Fed chief
Former Fed governor, once an adviser to Ben Bernanke, is considered a leading candidate to lead the central bank
Do bond investors know something that stock-pickers don't?
The Federal Reserve's quickening effort to push up interest rates despite tepid inflation has some investors worried
The beginning of the end of ultra-cheap money
With Federal Reserve embarking on a new era of "quantitative tightening," Wall Street has no choice but to adapt
Fed announces latest move on interest rates
Central bank to start trimming its massive holdings of government bonds and loans; economy growing "moderately" fast
3 key things to watch from the Fed meeting
In its announcement and Chair Janet Yellen's press conference, these critical points will almost certainly come up
Despite it all, investors buy without a worry
As hurricane and war fears fade, Wall Street keeps the records rolling -- can anything stop the bulls?
Inflation still isn't following the Fed's game plan
With another rate hike looming, the refusal of prices to clearly trend higher could be a sign of bigger troubles
Federal Reserve's vice chair steps down
Monetary policy leader is a close ally of Fed chief Yellen, presaging a possible change in direction
How your cash stash could earn more interest
Here's how you can earn significantly more interest for your cash stash than what average bank accounts offer
Federal Reserve spooks investors with hawkish message
After years of keeping interest rates low, America's central bankers finally seem eager to push them up
Consumers' total debt climbs to a fresh record
And so does the category that includes credit card balances, which are now well over $1 trillion
Wall Street's smooth sailing enters choppy waters
After a historic period of market calm, a sell-off in tech stocks could be signaling the start of renewed volatility
Fed pauses on rates, blames low inflation
Low inflation continues to flummox the Fed nearly eight years after the economic recovery began
Yellen tells Congress more rate hikes are coming
Federal Reserve chief paints a broadly positive picture of the U.S. economy and predicts faster inflation
Second-quarter earnings have Wall Street on edge
With the next profit reports set to start, investors expect great things -- but plenty of wild cards could make trouble
The Fed confirms more rate hikes are on tap
Janet Yellen will tell Congress next week the central bank plans to raise rates once more this year and three times in 2018
Fed weighing when to start selling off trillions in bonds
Central bank officials agree that the economy is in good enough shape to start balancing its books
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.
Live
Trump says Iran deal not final, will resume bombing "if they don't behave"
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Exclusive
Is Russia burning through air defense missiles at an "unsustainable rate"?
Ukraine intelligence indicates the country's stepped up drone strikes are forcing Russia to burn through interceptor missiles, possibly faster than it can build new ones.
Tropical Storm Arthur, first Atlantic tropical cyclone of year, forms off Texas coast
Tropical Storm Arthur, the first named storm of the 2026 Atlantic hurricane season, formed Wednesday off the Gulf Coast of Texas.
Trump puts Jay Clayton's nomination for intel chief on hold
The president says he's trying to force Congress to pass a voter ID bill that currently lacks enough support to be approved.
Vance says text of U.S.-Iran deal will be released Friday "at the latest"
Vice President JD Vance said on "CBS Monrings" that the Trump administration wants "to tell the American people what's in this deal."
Trump to hold news conference to conclude G7 summit in France
President Trump is set to hold a news conference to wrap up the Group of Seven summit in France on Wednesday.
Exclusive
"The most famous judge in America, for a while," on highs and lows of a Trump trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Luigi Mangione's lawyers will argue psychiatric defense in state murder trial
Luigi Mangione's lawyers will argue that he was suffering from an extreme emotional disturbance when he allegedly killed UnitedHealthcare CEO Brian Thompson.
Messi ties men's World Cup goals record with first World Cup hat trick
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
U.S.
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Social Security faces looming benefit cuts. Can the program be saved?
Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.
Senate moving forward with Clayton hearing despite Trump move to delay
The Senate is moving forward with Jay Clayton's confirmation hearing on Wednesday, despite President Trump's move to delay the installation of the new intelligence chief.
Survivors of violence could see debt erased as N.Y. law goes into effect
A new law in New York makes it the eighth state to provide a path for coerced debt relief for survivors of domestic violence.
Tropical Storm Arthur forms off Texas Gulf Coast
Tropical Storm Arthur, the first named storm of the 2026 Atlantic hurricane season, formed Wednesday off the Gulf Coast of Texas.
Trump to hold news conference to conclude G7 summit in France
President Trump is set to hold a news conference to wrap up the Group of Seven summit in France on Wednesday.
MoneyWatch
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Social Security faces looming benefit cuts. Can the program be saved?
Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.
Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Politics
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Senate moving forward with Clayton hearing despite Trump move to delay
The Senate is moving forward with Jay Clayton's confirmation hearing on Wednesday, despite President Trump's move to delay the installation of the new intelligence chief.
D.C. Democratic primary for mayor results still undetermined in city's first ranked-choice election
Democratic socialist Janeese Lewis George is holding a lead with 64% of ballots counted.
Trump to hold news conference to conclude G7 summit in France
President Trump is set to hold a news conference to wrap up the Group of Seven summit in France on Wednesday.
Vance says text of U.S.-Iran deal will be released Friday "at the latest"
Vice President JD Vance said on "CBS Monrings" that the Trump administration wants "to tell the American people what's in this deal."
Exclusive
"The most famous judge in America, for a while," on highs and lows of a Trump trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
HealthWatch
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Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
American doctor who recovered from Ebola back in U.S., says he's "feeling well"
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
They're uninsured after Obamacare became too costly. They're far from alone.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
World
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Exclusive
Is Russia burning through air defense missiles at an "unsustainable rate"?
Ukraine intelligence indicates the country's stepped up drone strikes are forcing Russia to burn through interceptor missiles, possibly faster than it can build new ones.
Vance says text of U.S.-Iran deal will be released Friday "at the latest"
Vice President JD Vance said on "CBS Monrings" that the Trump administration wants "to tell the American people what's in this deal."
Live
Trump says Iran deal not final, will resume bombing "if they don't behave"
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Latest U.S. strike on alleged drug boat kills 1, leaves 2 survivors, Pentagon says
Critics have questioned the overall legality of the boat strikes as well as their effectiveness since the U.S. military began them in September 2025.
Senate rejects latest resolution to limit Trump's Iran war powers
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
Entertainment
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Entertainment
Durand Bernarr on new music
Durand Bernarr talks about collaborations in his music, why his new album's title is a tribute to his father and his music journey since his viral Grammy speech earlier this year.
Messi ties men's World Cup goals record with first World Cup hat trick
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
America250 announces concert headliners, host
Chris Stapleton and The Smashing Pumpkins are set to headline America250's "America's Block Party Concert," with Queen Latifah set to host. Rosie Rios, the chair of America250, joins CBS News 24/7 with more.
A look at the adaptation of "I Will Find You"
Harlan Coben talks about casting for the Netflix adaptation of his 2023 bestselling novel "I Will Find You." The series stars Sam Worthington, who describes how fatherhood impacted him in his role and how he sees his character.
"Star Wars" lightsaber and more iconic film props going up for auction
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Technology
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Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
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.
Anthropic to meet Trump officials, Axios says
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
U.K. announces plan to ban social media for children under 16
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Crime
5 arrested in White House UFC attack plot
The FBI says it foiled a plot to attack Sunday's UFC event at the White House. Court records detail an alleged plot to use drones carrying explosives and snipers to target certain event attendees. CBS News' Katrina Kaufman has the latest.
Gilgo Beach serial killer to be sentenced
Rex Heuermann, the man who pleaded guilty in April to the Gilgo Beach murders, is set to be sentenced on Wednesday. Tom Hanson reports on how the case unfolded.
Luigi Mangione's lawyers will argue psychiatric defense in state murder trial
Luigi Mangione's lawyers will argue that he was suffering from an extreme emotional disturbance when he allegedly killed UnitedHealthcare CEO Brian Thompson.
Rex Heuermann faces sentencing for Gilgo Beach serial killings
Rex Heuermann will be sentenced after he pleaded guilty to killing seven women in a series of murders known as the Gilgo Beach serial killings.
Former FBI agent on alleged UFC attack plot
Law enforcement sources tell CBS News officials allegedly seized weapons, thousands of rounds of ammunition, and tactical gear while conducting search warrants in connection with the foiled plot to attack the UFC event at the White House over the weekend. CBS News security and law enforcement contributor Lance Leising has more.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
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.
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?
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
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Latest CBS News Videos
Trump-backed candidate loses major GA runoff
Lt. Gov. Burt Jones entered the Republican runoff for Georgia governor as the frontrunner, backed by President Trump, but billionaire healthcare executive Rick Jackson has won the runoff, according to a CBS News projection. Jackson will face Democrat Keisha Lance Bottoms in the November general election. CBS News political director Fin Daniel Gómez reports.
Risks of tanmaxxing
Dermatologist Dr. Rachel Nazarian joins "CBS Mornings" to break down risks of tanmaxxing, where people maximize their exposure to the sun for the darkest possible tans.
Aid workers try to control spread of Ebola
There are more than 800 confirmed cases of Ebola in central Africa and nearly 200 of those patients have died. Ramy Inocencio has more on the effort to control the spread.
Durand Bernarr on new music
Durand Bernarr talks about collaborations in his music, why his new album's title is a tribute to his father and his music journey since his viral Grammy speech earlier this year.
Netanyahu criticized for Hezbollah conflict
President Trump rebuked Israeli Prime Minister Netanyahu's handling of Israel's conflict with Hezbollah in Lebanon. CBS News' Imtiaz Tyab explains, and Olivia Rinaldi reports on the global reaction to the U.S.-Iran deal from the G7 summit in Paris.