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
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.
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
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.
Two powerful earthquakes hit Indonesia on same day, at least 38 dead
With magnitudes of 7.7 and 6.4, two earthquakes hit different parts of the vast country of Indonesia in the same day.
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
Two powerful earthquakes hit Indonesia on same day, at least 38 dead
With magnitudes of 7.7 and 6.4, two earthquakes hit different parts of the vast country of Indonesia in the same day.
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
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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.
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
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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.