Fed expects further rate hikes as economy strengthens
New Fed Chair Jerome Powell will testify on the report before the House Financial services committee next Tuesday
Federal Reserve
Rising interest rates are near the danger zone
The 10-year Treasury bond's climb to nearly 3 percent is setting off alarms among Wall Street's stock investors
Fed officials see stronger growth and reason to raise rates
Minutes of the central bank's January meeting show more optimism about the U.S. economy's prospects
For the stock market, this could be "regime change"
The way Goldman Sachs sees it, the new rule for investors may be to "sell the rallies rather than buy the dips"
Wells Fargo sends unnecessary letters to 38,000 customers
The bank tried to make amends to people who bought unnecessary insurance, but 38,000 unaffected people got letters instead
The Fed's ominous silence on market chaos
Jerome Powell, the new chairman, hasn't responded to the explosion of volatility -- is that a sign of a big change?
Dow plunges more than 1,000 points in biggest one-day decline
A sell-off deepened on Monday, erasing the stock market's gains so far in 2018
Wells Fargo shares tank after shock sanction by Fed
Investors react after central bank restricts scandal-plagued bank's ability to grow until it cleans up its act
Investors, it's time to buckle up
Last week's stock selloff is likely just the start of interest rate-related headwinds, even if there's a relief rebound
Fed: no more growth for Wells Fargo until it shapes up
Wells Fargo can't grow until it improves, outgoing Fed Chair Janet Yellen announced on her last day
Why it may be time for some investors to take cover
For bond investors, now may be the the time to take evasive action as warnings lights flash
Fed leaves interest rates unchanged
At Janet Yellen's last meeting as chair, central bank says U.S. economic growth is solid
As the Fed's Yellen era ends, what comes next?
Steadily, but slowly, rising rates are most likely as the Fed embarks on a similarly cautious path under Jerome Powell
Why Trumpism is a threat to the U.S. dollar
The president loves to boast about stock market records, but he fails to mention the greenback's ominous slide
Senate approves Jerome Powell as next Fed chairman
Fed board governor is slated to replace Janet Yellen when her term as the central bank's chief expires in February
Fed: Economy is solid, but wage growth is "modest"
Although economic activity is off to a good start this year, workers have yet to see a major hike in pay
3 big questions for investors in 2018
Despite a rousing New Year rally, here's a trio of issues that could alter the stock market's current dynamics
Dow 25,000 masks underlying market risks
Despite the latest milestone crossings for U.S. stocks, an unwanted -- and perhaps unexpected -- guest is lurking
5 reasons to tread carefully in cryptocurrencies
Speculation in bitcoin and its ilk has regulators raising a swarm of red flags about these "high-risk products"
Federal Reserve hopes tax cuts will lift economy
Central bankers expect that lowering Americans' income taxes will boost consumer spending
Can stocks possibly climb any higher?
Investors have rarely had it this good for this long, but whether they have anything left in their tanks remains to be seen
Fed raises key interest rate
Investors were largely prepared for the increase, which brings the federal funds rate between 1.25 and 1.5 percent
Yellen's Fed legacy: Turning crisis into calm
America's first female central bank head was instrumental in helping keep the economic recovery on track
Fed expected to raise rates as Yellen prepares to leave
Fed chair Janet Yellen's final news conference Wednesday may give clues to investors about what to expect in 2018
Trump's meager impact on the economy and stocks
The president takes credit for rising growth and stock prices, but their uptrends depend on forces beyond his control
Live
Trump says U.S. warship's 9-month deployment "not nearly long enough"
The USS Abraham Lincoln has been deployed for almost nine months and is expected to be replaced in the Middle East.
Hawaii under a hurricane warning as Tropical Storm Lala takes aim
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 pleads guilty in federal case, admits shooting Brian Thompson
Luigi Mangione entered a guilty plea in his federal case at a court appearance in Manhattan Friday morning.
At least 38 dead after powerful earthquake strikes Indonesia
Indonesian authorities issued, then lifted, a tsunami warning after the powerful earthquake hit Saturday morning.
Construction workers find $10 million gold stash in renovations
Police issued a warning telling "gold prospectors" to stay away from the construction site
USS Washington aircraft carrier heads to Middle East to replace USS Lincoln
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.
Ex-Cambridge professor dies week after resigning amid plagiarism allegations
Jason Arday, who was Cambridge's youngest Black professor, died in London on Friday, the school said.
First on CBS
Justice Department expands military's power to detain migrants near border
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
Air traffic controller saves day when 2 jets with same call number converge
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.
U.S.
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Air traffic controller saves day when 2 jets with same call number converge
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.
Why freshmen at one high school give their mothers a goodbye kiss on their first day
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.
Army temporarily grounds Apache helicopter training flights after deadly crash
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.
Hormuz chaos highlights risks for other global trade chokepoints
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.
FDA upgrades egg recall linked to salmonella to highest risk level
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
MoneyWatch
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Hormuz chaos highlights risks for other global trade chokepoints
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.
FDA upgrades egg recall linked to salmonella to highest risk level
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
How to get a refund for Trump tariffs struck down by Supreme Court
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.
Walmart tomato soup kits recalled over Listeria risk, FDA says
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
See how much renters pay for a 2-bedroom home in 50 U.S. cities
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.
Politics
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Army temporarily grounds Apache helicopter training flights after deadly crash
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.
First on CBS
Inside "the Pool": Fugitive arrested in alleged cross-border car trade scheme
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.
First on CBS
Justice Department expands military's power to detain migrants near border
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
Feds charge woman for allegedly vandalizing World War II Memorial in D.C.
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.
Trump asks Supreme Court to intervene in White House ballroom legal fight
The Trump administration asked the Supreme Court to intervene in the legal battle over President Trump's White House ballroom.
HealthWatch
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My husband was kicked out of hospice. Here's what I learned.
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.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
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: I take testosterone. Here's why.
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 push for upfront payments as healthcare costs rise
Hospitals and other medical providers are increasingly asking for payment before providing care, collecting more of what patients might owe.
World
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Construction workers find $10 million gold stash in renovations
Police issued a warning telling "gold prospectors" to stay away from the construction site
At least 38 dead after powerful earthquake strikes Indonesia
Indonesian authorities issued, then lifted, a tsunami warning after the powerful earthquake hit Saturday morning.
Ex-Cambridge professor dies week after resigning amid plagiarism allegations
Jason Arday, who was Cambridge's youngest Black professor, died in London on Friday, the school said.
Russian tanker leaking oil off Oman coast, threatening environmental disaster
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.
Golfer Jessica Bang, 18, dies while preparing for tournament in Thailand
Jessica Bang collapsed on Aug. 1 as she was preparing in Thailand for a tournament and was transported to a hospital in Bangkok.
Entertainment
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Entertainment
"Paw Patrol" cast previews movie
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.
Becky G gives behind-the-scenes look
"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.
Recipe: Amish Peanut Butter Pie
Lovina Hershberger Zook, who left the Amish faith, today shares recipes of the Amish with her more than six million followers on social media.
"CBS Sunday Morning" launches new series of live events at the 92nd Street Y in NYC, debuting with Sylvester Stallone
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.
Exclusive
Becky G reflects on advocacy in new music, rise to fame
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.
Technology
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French teen social media ban struck down by top constitutional authority
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.
Using AI in your romantic relationships
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.
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.
Flock CEO on misuse concerns
Flock CEO Garrett Langley sat down with CBS News' Anna Schecter and discussed allegations of the technology's misuse by law enforcement.
Schools curb technology use in classroom
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.
Science
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Science
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
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.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
How a total solar eclipse stopped a war
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."
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Crime
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Crime
Luigi Mangione's Guilty Plea, Explained
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.
Arrests made in $10 million art heist
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.
Latest on Luigi Mangione guilty plea
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.
New FBI stats show 2025 drop in violent crime
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.
What to know after Luigi Mangione guilty plea
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.
Space
More Space
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
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.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Trump asks Supreme Court to intervene on ballroom
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.
Luigi Mangione's Guilty Plea, Explained
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.
USS Washington to replace USS Lincoln
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.
Blue Star Families official on toll of deployment
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.
New video shows fighter jet crash
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.