Fed signals two more rate cuts in 2025
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Federal Reserve
Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Fed cuts rates for first time in 9 months
The Federal Reserve announced it's lowering its benchmark interest rate by 0.25 percentage points. It's the first rate cut since December. CBS News' Kelly O'Grady
Fed cuts interest rates 0.25 percentage points
The Federal Reserve announced that it lowered interest rates by 0.25 percentage points, its first rate cut since December 2024. CBS News MoneyWatch correspondent Kelly O'Grady and White House correspondent Ed O'Keefe have more.
Will the Fed cut its benchmark interest rate?
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the Federal Reserve's upcoming decision Wednesday on interest rates. The Fed is expected to cut rates for the first time this year. The decision impacts everything from credit cards to savings rates.
Will the Fed cut rates today? These charts may determine its decision.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
Reporter's Notebook: Behind the Fed's jargon
The Federal Reserve is expected to lower interest rates, and decisions that shape household budgets will be explained in woolly-mouthed Fed speak. "CBS Evening News" co-anchor John Dickerson explains.
Why the Fed is expected to cut rates
The Federal Reserve's upcoming rate decision is shaping up to be its most consequential of the year, with most economists predicting the first cut of 2025. Kelly O'Grady has more.
Why signs are pointing to a Fed rate cut
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
How the Federal Reserve decision could influence mortgage rates
Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.
Lisa Cook's "vacation home" claim could undercut Trump fraud claims
Lisa Cook sued the Trump administration to block her firing, the first time a president has sought to remove a member of the seven-person board of governors.
Federal Reserve heads to September meeting
CBS News business analyst Jill Schlesinger joined "Face the Nation with Margaret Brennan" to preview the Federal Reserve's September meeting amid the Trump administration's push for the agency to lower interest rates.
Ex-CBO director on Trump's 2nd term economy
President Trump's position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S.' foremost conservative economists, says in his first term, Mr. Trump did some "astounding" things for the economy. Holtz-Eakin joins "The Takeout" to discuss why his views on the president's second-term economic policies have turned negative.
Inflation fuels falling consumer sentiment
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
Judge rules Lisa Cook can remain Fed governor for now as Trump tries to fire her
President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.
Will Fed cut interest rates by half a point?
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Americans' confidence in finding a new job is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Trump goes golfing amid economic slowdown concerns
Wall Street took hits on the market after hiring slumped in August. The economy added 22,000 jobs, far below expectations, fueling fresh concerns about a slowdown. Nikole Killion has more details.
Economists' top 3 takeaways from the dismal August jobs report
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
Warren prods Miran on Trump claims
Massachusetts Sen. Elizabeth Warren prodded Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, about his ability to remain independent from politics in his new role.
Miran makes case as for Federal Reserve role
Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, testified on Capitol Hill as he vies to fill the seat vacated by governor Adriana Kugler.
Hearing for Trump Federal Reserve board pick
Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, is testifying on Capitol Hill. CBS MoneyWatch correspondent Kelly O'Grady breaks down Miran's remarks.
Hearing for Federal Reserve governor pick
President Trump's nominee to join the Federal Reserve Board of Governors, Stephen Miran, is testifying on Capitol Hill. CBS News' Kelly O'Grady reports.
Court rules most of Trump tariffs are illegal
A federal appeals court on Friday ruled that most of President Trump's global tariffs are unconstitutional. Plus, a federal judge heard arguments on Friday from Federal Reserve Governor Lisa Cook's lawyers for an emergency temporary restraining order to block President Trump from ousting her. CBS News White House reporter Aaron Navarro has more.
Senate approves most DHS funding, hours after Trump promised to restart TSA pay
The Senate agreed early Friday to fund most of the Department of Homeland Security in an effort to end a standoff in Congress that led to massive lines at many airports.
Judge blocks Pentagon from labeling Anthropic AI a "supply chain risk"
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
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Witkoff floats Iran peace proposal as Trump extends pause on energy plant strikes
President Trump on Thursday extended a pause on striking Iranian energy infrastructure until April 6.
Trump says he'll order DHS to start paying TSA officers as shutdown drags on
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
Siblings indicted after explosive device found outside Air Force base
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
Trump's signature to be featured on U.S. paper currency, Treasury says
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
Black Hawk chopper crossed path of United flight in California, FAA says
United Airlines said the pilots saw the helicopter, received a traffic alert and leveled the aircraft.
Helicopter crash off Hawaii leaves 3 dead, 2 injured, authorities say
A helicopter crashed Thursday afternoon on a remote beach on the Hawaiian island of Kauai, killing three people and injuring two, authorities said.
Trump says he's granting Iran's request to extend pause on energy site strikes
President Trump announced the extension of the pause "per Iranian government request."
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Helicopter crash off Hawaii leaves 3 dead, 2 injured, authorities say
A helicopter crashed Thursday afternoon on a remote beach on the Hawaiian island of Kauai, killing three people and injuring two, authorities said.
Partner of flight attendant missing in Colombia: "I want to believe that he's alive"
A search is underway for an American Airlines flight attendant whose disappearance while on a layover in Medellín, Colombia, has left his loved ones desperate for answers.
Trump says he'll order DHS to start paying TSA officers as shutdown drags on
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
Trump's signature to be featured on U.S. paper currency, Treasury says
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
Trump says he's granting Iran's request to extend pause on energy site strikes
President Trump announced the extension of the pause "per Iranian government request."
MoneyWatch
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Judge blocks Pentagon from labeling Anthropic AI a "supply chain risk"
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
Why this week's social media verdicts could hold tech giants to account
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Americans face calls to cut their energy usage as Iran war drags on
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
As wealth taxes gain traction, Warren proposes levy on the ultra-rich
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
USPS to add temporary fuel surcharge for some postage prices
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
Politics
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Judge blocks Pentagon from labeling Anthropic AI a "supply chain risk"
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
Trump says he'll order DHS to start paying TSA officers as shutdown drags on
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
Trump's signature to be featured on U.S. paper currency, Treasury says
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
CBS News poll analysis on what jobs AI should be doing
As AI use rises, many see it decreasing the number of jobs available.
Trump says he's granting Iran's request to extend pause on energy site strikes
President Trump announced the extension of the pause "per Iranian government request."
HealthWatch
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What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
World
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2 boats carrying aid to Cuba reported missing by Mexico
Since last week, activists from several countries have left Mexican ports on vessels loaded with food and other supplies for Cuba, which faces a humanitarian crisis in the face of a U.S.-imposed fuel embargo.
Partner of flight attendant missing in Colombia: "I want to believe that he's alive"
A search is underway for an American Airlines flight attendant whose disappearance while on a layover in Medellín, Colombia, has left his loved ones desperate for answers.
Sharks in Bahamas test positive for caffeine, painkillers, cocaine
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Transgender women athletes banned from women's Olympic events
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Russia is helping Iran with intel to kill Americans, says top EU diplomat
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
Entertainment
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Entertainment
Camila Morrone talks new horror series
Camila Morrone, who stars in the series "Something Very Bad Is Going to Happen," speaks to "CBS Mornings" about the show, what intimidated her about the horror genre, and working with the Duffer brothers.
Stunning "Survivor" elimination ceremony
(Spoilers ahead) "CBS Mornings" reveals shocking details about the latest "Survivor" elimination ceremony.
Colbert to co-write "Lord of the Rings" film
Oscar-winning filmmaker Peter Jackson announced on Wednesday that "The Late Show" host Stephen Colbert will co-write the next "Lord of the Rings" movie. "The Late Show" airs its final episode in May.
MLB's "robot umpire" debuts in Yankees-Giants season opener
Major League Baseball's "robot umpire" made its debut in the season-opening New Yankees-San Francisco Giants game in Oracle Park.
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
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Kentucky family rejects millions for land
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
CBS News poll analysis on what jobs AI should be doing
As AI use rises, many see it decreasing the number of jobs available.
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.
What jobs are most at risk from AI
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Why this week's social media verdicts could hold tech giants to account
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Science
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Sharks in Bahamas test positive for caffeine, painkillers, cocaine
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Amputee sea turtle being tracked at sea from space
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Pit viper among new species discovered in cave in Cambodia
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
Crime
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Crime
Inside NYPD's gender based violence unit
The nation's largest police department, the NYPD, has launched a new unit designed to revolutionize how it approaches survivors of gender-based violence. CBS News got an exclusive first look inside the policy and training facility. CBS News' Anna Schecter reports.
Bodycam video shown in attempted murder trial
The trial of a Hawaii doctor accused of attempting to murder his wife while on a hiking trail is underway. CBS News chief correspondent Matt Gutman breaks down footage of the alleged incident that the jury watched on Wednesday. Then, CBS News legal contributor Jessica Levinson joins with analysis.
Judge rejects Maduro's request to dismiss case
Former Venezuelan President Nicolas Maduro appeared at a New York courthouse on Thursday for a hearing in his drug trafficking case. CBS News legal reporter Katrina Kaufman has the details.
Siblings indicted after explosive device found outside Air Force base
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
Gender-based violence policy, training unit
The New York City Police Department is unveiling its gender-based violence policy and training unit to help survivors and investigate aggressors. CBS News' Anna Schecter reports.
Space
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Fireball captured on video as meteor streaks across Pacific Northwest sky
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
NASA to spend $20 billion on ambitious moon base
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Possible meteorite crashes into Houston area home, officials say
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Eileen Collins on breaking barriers in space
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
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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
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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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Missing flight attendant's loved ones speak out
Eric Fernado Gutierrez Molina, an American Airlines flight attendant, went missing March 21, in Medellín, Colombia. His partner and his best friend spoke with CBS News correspondent Cristian Benavides about the disappearance.
Maduro in isolation as court battle intensifies
Nicolás Maduro, the deposed Venezuelan leader, and his wife both appeared in federal court in Manhattan nearly three months after American forces invaded his country and brought him to the U.S. to face narco-terrorism and drug trafficking charges. Lilia Luciano has details.
Savannah Guthrie opens up about mom's vanishing
In her first interview since her mother Nancy's kidnapping, "Today" co-host Savannah Guthrie says she feared her fame made her mom a target. Jonathan Vigliotti has more.
Trump extends pause on Iran energy sites
The U.S. will extend its pause on strikes on Iranian energy plants by roughly an additional 10 days, at the request of the Iranian government, President Trump announced. Ed O'Keefe has the latest.
Teen has only perfect March Madness bracket left
People filled out more than 40 million NCAA tournament brackets across the men's and women's games, but there is just one bracket left that is perfect. Tony Dokoupil has the story.